Breaking news in san jose, crews trying to cap a gas leak that is causing evacuations downtown. It started about an hour ago near south Market Street and west santa clara and were told those streets are shut down. San jose fire tells us that people working at the 1 south Market Building which is a 23 story highrise that is under construction evacuated on their own. Pg e says a thirdparty contractor hit the gas line. If we get any more information on this gas leak during this newscast well bring it to you and of course full updates on our web page and facebook. Meanwhile, there was a heavy theres been a heavy Police Presence at all Novato Schools today after someone posted a threatening message on a social media sight. Alex savidge with pow everyone is responding. Reporter they are taking the threat seriously. Im told half the students at Novato High School have gone home for the day. This began with an online message in which someone threatened violence against the high school in novat
Estimates. Assad a shakeup. The arab states nuking fires his economic officials one week after taking the throne. Hello, welcome to countdown. Also coming up, super bowl sunday. Can Kim Kardashian help advertisers score a touchdown during americas biggest sporting event of the year . The newly elected greek Prime Minister is promising no surprises as he goes facetoface with european officials for the first time. He assured Martin Schultz that greece will not make any unexpected moves regarding its finances. That sent the stock market in athens for a rebound after lunging to lows not seen since the peak of the debt crisis. Hans nichols is in berlin with more on the story. Ring us up to speed. Yesterday were niceties. Today the negotiations affectively began. Mr. Schultz said he expects common ground. He came out of the meeting not overly positive but maybe realistic. He expects there to be clashes. For negotiations to be affective he needs for them to be mutually beneficial. He needs mo
2072 and change for a new alltime high. The nasdaq continues to march ever higher today up about 17 points right now. Were just about 5 now away from nasdaq 5000. 5 . Yeah, right . But think about how long its been. March of 2000 when it hit that mark and signaled the top of the internet bubble all those years ago and not close to that level since that time. And were wondering getting closer whether this number is making some investors nervous now. Hmm. Thinking thats the completion of this bull move. Right . Well debate it. We have a pair of heavy hitting ceos ahead. Joseph swedish as they change from wellpoint effective here and here to ring the closing bell and changing the Ticker Symbol and talking obamacare impact. Plus International Papers new ceo mark sutton in his first interview since taking the reins ago. So a lot to talk to them about. And again, more to get to ask, to see what they got out of this meeting with president obama. Interest dog see that poll during power lunch a
Today is a shortened trading session. The s p 500 has been flat most of the day. It did hit an intraday high. Jcpenney, macys, thus by walmart. We are keeping an eye on several of them today. Did you have the airlines hitting record highs. Nike, travelers, United Health and visa also hitting lifetime highs. A new high because a star wars trailer was released. Here is the big market story of the day. Now trading under 70. All getting hit during this short and trading session today. I heard people talking about a bottom. We broke through that. We start to go down. We hear people talk about 45 and 50. Whats the number one thing . More supplies. Yes, they keep the price low. Yes, the dollar is strong. Let me ask you this. This could be a mixed blessing. There are smaller countries around the world starting to feel the pain as well. There will be some small trades going on right now. We were just that 80 a few weeks ago. This is just a temporary slowdown for oil. Would you agree with that .
Hey, well be open thursday at 5 00. They couldnt bring themselves to say thanksgiving. They just said thursday. Even worse, as many of them opening on thursday arent closing. Theyre going to open all night into friday, a marathon period. Well be there, by the way, on friday. I cannot believe shes got me going to a mall on black friday. Look, i think there will be a little more foot traffic in that Shopping Mall than down here on the Stock Exchange on friday. We have that coming up. All kind of stories to tell about you on wall street. And a couple of big interviews. American apparel is one store that will be open, and many other locations, why . Well ask the ceo when he joins us after the closing bell and well get his take on how the season is shaping up. Do you know where you will not get a deal right now . That would be on bitcoins. The Virtual Currency trading above 1,000 now. I mean, its just nuts whats gone on here. The bitcoin has quadrupled. It started out at 210. I was going to