Hills, that some is working off and Crescent City is going to have a cool down tonight and tomorrow. 60s and 70s above average. Its going to be another nice day today. Sal is talking about people driving too fast. Do you still see that . Yeah, steve, when i leave the house i see more people tail agaiting. Its like the guy behind me wants to go real fast. Right now we have a crash before the toll plaza westbound. So just out of the view, theres an accident on the right hand shoulder. Again, chp is warning people that and the accidents are more severe when they happen. Now, its 6 01. Lets go back to dave. Thank you. The dove nor has plans on what its going to take to lift the stay at home order and says even after that, life will not go back to business as usual especially for schools. Working from home, we have the details. Good morning, dave. The governor compared lifting the stay at home order to a dimmer than a light switch. He says that things cannot go back to the way that things w
Coming off of gdp number, the s p 500 basically flat financials sees a little bit of strength nasdaq seeing the most up 0. 6 and the dow is virtually unchanged. Pete in gerrenajarian, when thar crossed today, what was your first reaction were seeing the numbers continue to be fairly in line, fairly strong. Weve been impressed by those, impressed by the earnings season take a look at whats really reacting to the financials once again. Look at Goldman Sachs and jpmorgan they have been underperformers thats something thats a little bit concerning to me after listening to mr. Buffett talk about bank of america, one of my larger holdings, im pretty excited about what hes had to say whats the reaction since weve had time to adjust these numbers, in terms of thewall street economist and how they see now q3 and how this impacts what they saw for q2 so technically, todays gdp number doesnt have a whole lot of information well get more information tomorrow, get the personal income and spending d
I find it a bit surprising he digit contact me. Crude clings on to gains afteren erratic session yesterday. The top firm is cutting 7 of its work force. Bp shares in the green after a u. S. Judge rules its liable for spilling less oil in the gulf than alleged. Its maximum mine will be 4 billion lower. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Quickly going to bring you flashes firstly out of the iea whose report on the oil market has come out and said how low the markets fall will be is anybodys guess. Macroeconomic weakness continues to strain Global Oil Demand growth. Prices do not be seeming to stimulate demand just yet. Stocks are rising to their widest surplus versus the five year average since august 2010. Well bring you a discussion on oil in the next 20 minutes or so. One other flash in the last five minutes is the greek Government Bond yields have risen 40 basis points to 9. 5. The three year has risen 137 basis points to 1. 11. 7. Tw
After rbi governor takes the market by surprise with a rate cut citing lower energy and food prices. No deal on the line. Blackberry shares reverse course after jumping as much as 30 after the phone maker and samsung deny a report of a 7. 5 billion deal. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. We have just got confirmation that german gdp has come in at 1. 45 . Thats the strongest rate in three years. Its coming in as expected at that moment and the quarterly number shows a big bounce back to around. 5 . It must be hah number. From q 3 which was only. 1 . If we rewind to october when we got it people were fearful that germany and europe was falling into that falling growth falling possibly into recession category and that lead to a big sell off in risk assets. The fact that we can say that germany is growing with friday jillty around it. Germany is the largest economy in europe. A lot of focus on not only the success but the strength in its
Look at sfo. The sec collected them visibility. Not much different it will be experienced yesterday morning but to look at how extensive the low cloud cover is today visibility and 4 mi. For oakland for sf of all is said to loud visibility for youre ride through hayward but eventually this low cloud cover will start to live to see a little more sunshine into the afternoon before click to be a mix of sun and are aware talk about pretty hazy conditions. Erica of 50 to somebodies to oakland a high of 6564 for San Francisco to 64 1 7 and san jose and 63 expected to the in fremont in seven days from the forecast has not much change in the temperature is in headed to the weekend right now have High Pressure and place of the assassin of our fellow cloud cover to four but is one to starting to flatten the ridge is we headed to friday as one to allow sir some rain. Friday into saturday advocacy rain developing and not read a chance to start to take off sunday and monday to. Erica highpressure r