County, lake mendincino county. There was some clearing yesterday, but the cloud cover says im back and its coming back in a big way. Two systems, one day and then one on thursday. The one on thursday looks like a pretty good wind producer with heavier rain. Well see increasing clouds throughout the day and then some rain develops this afternoon. Farther north, better opportunity, farther south less of an opportunity. Thats rain wise, that is. Reporter i see. Thank you very much. Anytime, sal. Reporter im ready for you know, at this point im ready for anything, at least i think so. Lets go out and take a look at what we have with the morning commute. 580 heading out to thality month pass, we dont have alitymont pass, i see some slow traffic from 580 to 205 here, you can see it just a little bit, but its not a huge delay. And so far traffic moving into the valley looks good all the way to livermore and then to pleasanton. Also looking at a live picture 880 northbound and southbound, you
Man at the center of a threeday man hunt shot and killed himself today at Pennsylvania State Police Spotted him and pursued the suspect. Pennsylvania state Police Officers received a tip that the vehicle that we were looking for, the white ford fusion, in a mcdonalds parking lot near erie, pa. The vehicle fled from the area. There was a short pursuit in which the vehicle was stopped. As officers approached that vehicle, Steve Stephens took his own life. Reporter suspected of killing 74yearold godwin sunday taking a video of the killing and posting it on facebook. A national man hunt ensued, the cell phone tracked 100 miles east where the murder occurred. Rambling video showed a man who was unraveling, he was out of options and wanted to kill as many innocent people as possible. Thorpts saying they have not found evidence that he killed anyone else. The goal from 3 00 eastern day was to ensure no one else was a victim of violence by mr. Stephens. We believe that to be the case. That was
Preliminary reading coming in at 89. 8. That is likely below the 90. 6 estimated. Current conditions are what dragged it down. University of michigan surveys, how they are feeling now and what their expectations are like for the future. The expectations came in ahead of estimates at 81. 1. That coming in below estimates. We did have the consumer inflation reading coming and above what analysts had been anticipating. Lets take a look at how this is affecting the markets. We are seeing a pullback after big gains yesterday for all three. Something that is very important, quadruple witching. It tends to cause a spike in volume, which we are already seeing today in a big way. All three major averages at the moment are trading lower. At a few movers, exxon mobil is on the list. Reportingt journal the attorney is examining accounting practices. The intel shares are higher after the Company Raised its forecast. Looking at some of the other Asset Classes in the wake of the cpi data, that 10 yea
Ownership, its coming down to just one number. Well tell what you it is and what it means. Lets check in with sara at the nyse. High, sara. Good afternoon. Hard to believe just two more months remaining until 2015 is done. Just about 50 trading days left in the year. Are we setting up for presents under the tree or coal in our stockin stockings . Dominic chu is taking a closer look at that question. Dom . Sara, how many times have we talked about seasonality in the markets over our years together here. But lets take a look at this, everyone talks about the santa claus rally and the seasonably strong Fourth Quarter for stocks. Well, lets take a look. Our data partners at kensho crunched the numbers and for the last two months of any year over the last ten years, so november to december returns, the s p is up on average over 1. 5 . The dow the same, and theyve both been positive in 8 of the last 10 instances. A decentsized gain although some would point out because of the strong gains we
2 for 2015. The story of the year, the story of the years last day as well. This is bloomberg surveillance. Im Michael Mckee in for tom keene who is on vacation. Almost happy new year to both of you. Good morning, december 31. Our last show of the year. We have to do some resolutions. Im going to hold you to them this entire 2016 year. Ill resolve not to make resolutions. I never live up to them. Ill work harder and lose weight and all of those things. Eric . I wanted to Start Playing the piano again. I committed to taking piano lessons and i didnt do it. I will however say i had an unofficial new years resolution, which is to do much more flyfishing and i succeeded brilliantly. Ill sign on to that one for 2016. Im going to pay no a. T. M. Fees. Whoa that is very hard in manhattan. Your fitbit is going to love you for that one. There is still a world out there that hasnt made all of its resolution. Lets get to first word news. Breaking news from brussels, a suspect in the paris terrori