To what is happening in japan in terms of its central bank. Stocks pushed a little bit lower as the inflation forecast was cut from 1 . Still so far from that 2 target. Very difficult for kuroda to achieve. Tumbling oil prices not helping. We are seeing a bit of a move in terms of stimulus. Were not seeing added similars which is why it is trading lower. Shanghai composite. Look at that. Of almost 5 , rebounding from that up almost 5 , rebounding from that sudden slump on monday. Coming down on brokerages who are letting unqualified investors to get in on the chinese action. We are seeing a recovery. Shanghai trading higher. Gold trading higher today. Anticipation the ecb will move. Lets look at oil. We were just talking about it. It bit of a rebound, of 1. 2 . Lets have a look at hp billiton. It is also one of the biggest investors in u. S. Shale. Shell has been driving down power prices. It will be cutting the number of rakes out in the u. S. By 40 . We are seeing that retraction in
Few sprinkles out there somewhere and for the west and of the bay bridge out toward the snow bridge. Dealing with some adjusted light rain lot significant other foggy conditions and the difference in the ceiling height dealing with low cloud cover along the coastline and hard Cloud Visibility out a look at similar radar. Itll have much aback and but most of that will contink its way east we are seeing snow showers and Sierra Nevada. We maintain dry conditions mostly clause in the afternoon and tomorrow will be a foggy start and then returns as we head into tomorrow night. Weather for the and the weekend hitting an early next week. Try break as it happened tuesday wednesday but with a stronger system heading in our direction talk but the bigger storm estimated under the news this morning top store for a third light of day. Demonstrators going against the grand jury decision not to indict a Police Officer. A chuckle death of art garner protestors the burly force the closure of was the co
Skies for the most part between now and thanksgiving will again i sunny one conditions each and every day i have a small system on again friday night into saturday giving some late grain that will primarily target the north they become the surprise of the get a few extra showers elsewhere james 01 system looks reshaping the backed the likely impact the entire bay area and sunday been returned for a lot of folks could make your travel back to the bay area a little on the messy side even next week as we take a look beyond it looks like we may have some wet weather for next week as well just know that it is cold this morning and will be great weather leading george where tech and delays on the san mateo bridge in the bay bridge and the westbound direction it is becoming a hot spot we have heavy traffic was normally a occur at this hour there is additional problem out of the base of the highrise. Their three vehicles on the righthand shoulder with flat tires that presumably is sought in th
Or maybe blithe. Its starting to get too sane win about every move that a ceo makes. The dow surged today and the s p gamed, nasdaq up 0. 9 . Taking the comp through the 5,000 level. Some of the new found love comes from a natural rotation related to the fact that the economy irrefutably is getting better. We are seeing huge almost indiscriminate moves among all the big capitalization stocks as money pours into the s p 500. We had definite green shoots in europe. And we are seeing copper in the baltic freight index stabilize and start to climb. You Better Believe this xhation can drive it up im talk about disney, united technologies, boeing. These gigantic moves have no specific news. Not at all. They just reflect optimism about the future. This weekend, Warren Buffett praised the big stocks. Could this rally be a coincidence . And buffett says if you believe in American Progress you have to own long term Great American businesses. If you dont, go buy bonds. Boo the big monies is agree
On Hillary Clintons president ial campaign. First, lets get right to the top stories were following on this friday. U. S. Stocks retreated the most in three weeks as American Express shares tumbled to their lowest level since 2013. Data single stronger inflation and china tightened trading rules. The stick a quick check of the boards this afternoon, the s p 500 is down one point one a third percent. The Dow Jones Industrial tumbling down one. 75 at 17,073. The nasdaq composite index is down 1. 7 at 4922. A quick check of crude oil, half hour the close of trading in new york, crude is down 1. 75 at 5573. Inflation in the u. S. May be picking up. The core costofliving rose. 2 in march for the third month in a row. That reflects broadbased increases in rent, medical care and used cars. On a yearoveryear basis, excluding food and energy costs, prices rose 120 . Americans are growing more confident about the economy. The university of Michigan Consumer Confidence Survey rose this month to t