Nosediving 3. 97 . At one point it looked like we would go to war and we were actually lucky, lucky it was only down that much because if things dont break right, were going to be experiencing a lot of weeks that are worse than the depths of the great recession. Why . Were fighting a twofront war in this country. We need to beat the coronavirus, a scourge thats unrelentless easy to catch and requires hospitalization, far more than we can actually provide. At the same time we need to preserve the economy, an economy in many ways is no longer open for business there are 100 million workers who could potentially lose their jobs if we dont shut down covid19 soon. Peoples life savings are going to be pulverized as companies suspend dividends and people sell like a mouse in a fear of an unrelenting panic because they need cash, need cash right now. Its like a slow grind financial hell apocalypse. The plummeting of oil isnt helping either we need to get crude back over 30 or the last of the p
Calistoga and a few others we have a little drizzle possible, so i would not be surprised. Certainly it could follow the coast. 60s and 50s for almost everybody and very low 70s. Good morning. 60s and 70s sounds doable. This is a look at interstate 880. The traffic is okay driving on interstate 880, no major problems. At the golden gate bridge, it is also looking good if you are driving through. Looking at the tracy super commuters a lot of people rely on that, and you know the traffic is okay driving this early. This is how early you have to get up to beat the traffic, and it 4 02 am it is pretty much clear on 205 and 580 out to livermore. We will watch when that begins to fill in. We are starting with breaking news coming in from manchester, england, there is a disturbance of some kind at the university. The police and an Army Bomb Disposal unit or at the Manchester College a few miles east of the manchester arena, the scene of the bomb attack on monday. It is too early to tell wheth
The main message is this significantly cooler pattern compared to monday and tuesday, we have taken the plunge down into the 60s are very low 70s. We will rebound on the weekend. It will be warmer by sunday and monday. Wind gusting up to 35 and 40, even vacaville and low clouds out to sacramento. We take the turning go to the north and that is a heckuva push. 50s on the temperatures, mostly cloudy this morning and partly sunny this afternoon with temperatures in the 50s and 60s for many and low 70s. Temperatures down 25 degrees for some in the last two few in the last two days. What do we see . More traffic at the bay bridge, and this will be a light day for the bay bridge. So far not terrible but certainly a lot of people trying to get into San Francisco in the cars. Especially those people that are solo in the cars but the carpool lanes are moving well. San francisco traffic north and southbound 101 is not bad approaching the i80 split with no major issues. On interstate 880, looking
Left candidate the only two options. Two candidates who wanted to take france out of the European Union. We do have Marine Le Pen. And centrist frenchelected macron. Because of those results, you can see the market is picking up a little bit of ground. Again, this is not unanticipated. This is what most people expected would happen here. There is one candidate that would keep france in the eu. Dow futures indicated up by 219 points. S p futures indicated up by about 29. And the nasdaq up by 58. Friday was a down day for the market. But it was still the best week the dow had seen since the beginning of the march. The s p 500 and nasdaq best in two months. Overnight in asia, take a look, japan up 1. 3 . Hang seng higher, 0. 4 . Shanghai composite was down by 1. 3 . In europe, early trading, again, based on what were seeing in the election, we do see stocks across the continent. In france, markets are up by 4. 3 . The dax is up higher. Ftse up in europe and spain also higher. Taking a loo
2,094. We got to get to dominick chu. He has a market flash. Global retail now. Earlier in the past hour we told you the news about walmart taking a 5 stake in jd. Com. Theyre going to swapt businesses a little bit. Walmart giving over the china operations to jd. Com and getting a 5 share. They were up about 8 pat going into that trading halt. They are now up about 8 . So trading just a little bit below where they were when that news first came out. Just call to your attention what is happening. There again, michelle, all of this on that bit of news that walmart is turning over its walmart china operations. It now be operated by jd. Com. And i guess in compensation for that, walmart will get a 5 stake, approximately in, jd. Com. Back to you. Operating in china has been tough for a lot of u. S. Retailers. Home depot got out of there a long time ago. They were so frustrated. Absolutely. One more thing, of course, youre talking about dealing with this whole on line marketplace phenomenon