Not much cooler. With this south breeze in place, look at that going bonkers. Mainly san jose to sfo and their version of that. That will make for a mild and muggy day for some with a winter storm watch out. That will go from tonight into wednesday and look for incretion clouds throughout the day with the highs in the 60s to near 70. Rain starts later on though today and tonight into tomorrow. All right, now from out of the gate, you have been, well crazy busy. It has been busy. Things are improving a little bit, steve, but we still have slow traffic. Things are getting slower through the peak of the commute here. Not quite too much yet. This is a look at the commute here. I skipped the east shore. This is the east shore freeway as you can see traffic here is backed up for a 27minute drive between the bridge and the mcarthur mays. Now you can go to the bay bridge another 20 minutes or so before making it on to the stand. Traffic will be busy as you drive through. Highway 4 will continu
Seesaw this morning and now here session highs. Still in the red but for the dow, it had been in positive territory for a brief and hot second there. 53 to 47 shows favor the brexit. That reflected in the Dow Jones Industrial average. We can see popping into the green and going above the flat line for an hour or so, just under the flat line. We did see the dow down as much as 168 points. I want to show you whats happening with the s ps 10 sectors. Negative territory with Energy Leading the declines. Up the most,tions utilities had been the biggest leader. Usually as it stands with lower Interest Rates, that does help utilities because of their load. Lets look at what is happening with oil with Energy Falling as the biggest sector laggard. This is its lowest in a month, now six days down and on pace for its longest losing streak since february. The fear is Global Growth is slowing down everywhere. We did hear janet yellen saying 2016 growth for 2016 is supposed to be 2. 2 and taking a l
Warning of threats to everyday venueses like churches, restaurants and stadiums. Ident s trip with asia with news conference, reaction to Donald Trumps critique of his record ahead. Ie phone with new iphone. Women, why they make better home buyers, coming up. Checking markets this morning right now, we are looking at stock index future indicating slightly higher ep, s p up 2, nasdaq up 3. Over in europe mix action. Cra quarante in france slightly higher and germany slightly down. Nikkei down while rest of the markets are higher. Fashion show fail. Let me stop and take this one in. That is a model on the runway at kanye west fashion show. Models stumbling on the runway. A lot were fainting. He didnt show up hours after this was about to start. Fox Business Network dagen mcdowell, founder and ceo murphy, also fashion expert and National Review reporter. Im sorry. I read about every review on that thing. Dagen was it intentionally bad, though . He got a fender bender getting there out the
Holding on to gains in stocks. To brandons point about correlations breaking down, even as we see stocks muddle along, Oil Prices Remain on the march higher. Here they are up by about 3 . We have the American Petroleum institute reported yesterday that crude supplies on especially fell by 3 Million Barrels last week. We will get government figures on those supplies at 11 00 a. M. And i will bring them to you. Thaturvey is forecasting we will see an increase in supply. This could potentially change. If you look at imap on my bloomberg here, you see a mixed picture here as well. This is a different scenario than we have seen in recent days. Energy stocks are actually lower, and Consumer Staples and discretionary stocks are down. Seeing strength and technology. Ibm is upgraded to overweight over morgan stanley, the analysts say the companys transformation to a more cloudbased and analyticsbased company is underappreciated by the market. They also agreed to purchase another Health Company
The ftse 100 is dipping into negative territory. Switch up the board. Here is the yellen scorecard ahead of that speech. What a run it, has been on over the last few days. It keeps climbing. Yields for a look bit lower by two basis points at 1. 86 . Is fascinating. We have a little history of what we might hear. Is speaking in singapore and talking about the dow plot. He said today that he thinks it is still a good idea to have the dot plot. He wants to wait and see if it wasnt a mirage. Jonathan i find it fascinating that Monetary Policy has been reduced to some dots on a piece of paper. Anchor i understand what you are saying. You caught up on the latest headlines with your numbered first world ms. Bloomberg first world news. The government has and access to data on an iphone used by terrorist. The government compelled apple to help. Police say a man was shot after pulling out a gun outside the u. S. Capital. Good in pretty condition. They believe the man acted alone. The suspect has