Continue to make you find a pool in the afternoon if you can. Close to 90degree. Details on the beh and boating report in a minute. But now time for traffic. Jack, what do you have . Powder mill road 212 and beltsville drove. S the roadway i blocked. Authorities remain on the scene. Crash on the beltway outer loop before landover road. Exit 728 crash moved along ride and not causing much of a delay at all. Beltway very quiet. Volume is light. The rlain showers is talking about is moving through but with most everybody off today, we shou have lightervolume. Back in to you. Jack, thank you. A massive sink hole swalwed a car in woodbridge, virginia. The hole run the length of prince dale road. You can see the car start to sink and soicfar, offal have not been able to get it out. More of that road caved in throughout the day yesterday. Its believed that weather is blame for the earth giving way. I recommend that e avoid this area and that includes sight seers to take a look so we have an a
Trading resuming after all three major averages closing in record territory on wednesday and markets of course closed yesterday for independence day. Jobs report out in just over two hours. Economists are expecting 160,000 jobs added to the u. S. Economy. Unemployment expected to hold steady at 3. 6 . Joining me this morning, fox business jackie deangeles, max funds. Com cofounder, jonas and chief workforce analyst joanie courtney. Thank you all. Good to see you. One day after the holiday. So jonas, what are you expecting from the jobs report . Im expecting it to be a little weak, actually. Based on adp or Something Else . Based on the bond market. I dont think all these Bond Investors are wrong. I think were under a 2 yield because the economys slowing globally, not just here. Mostly globally, actually. If thats not what we get, the bond markets crash a little today and Interest Rates should go back up. Theyre basically pricing in a slowdown. I think stock market invests, which is at
Earthquake rattling california, the strongest quake in two decades. And trouble for big tech names out there. Apple and facebook both experiencing outages over the fourth of july holiday its friday, july 5th. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange. Im dominic chu. Brian sullivan is off today. Here is how your money and the Global Markets are setting up. Stock futures now pointing to a slightly lower open. The dow will go down by 38 points if these futures losses hold into regular cash trading you can see the s p off by 5 points the nasdaq down by 10. The bond market right now in focus ahead of that big jobs number in the United States. Tenyear u. S. Government note yields ticking slightly higher, just a hair below 1. 97 . 1. 78 for the twoyear note yield. On the european side of things, worth noting whats going on with the european bonds especially the german tenyear government bund. You can see there that bund trading at negative 39 basis point
It kind of moves back and forth so it shifted from the Golden Gate Bridge over the city right now and then as we head to a live look outside in walnut creek i believe, or maybe we shifted that shot in palo alto. There we go, and as we go throughout the day, well be slightly warmer, compared to yesterday. Ill have a look at that and the forecast coming up in a few minutes. Vianey, how is it looking right now . Hopefully everybody is safely back home in their beds. A crash to report about, via the chp northbound 680 at mission boulevard, it appears two lanes are blocked because of a crash as far as a series of the crash, no reports on how serious it may be. I noticed slowing on Speed Sensors. Its clearing out so hopefully they managed to move over to the side and everybodys okay. This is the only crash northbound 680 at mission boulevard, two lanes are blocked. Hopefully they get that open in time and a looking clear so far. Back to you. Thi s we were saying that, morning, ts 6. 4 earthq
Fed. David today is jobs day. Last night, july 4 celebrations, including in boston led by alix steel and carol massar. It does strike me as i talk to you over in europe that one of the really iconic moments is an overture written by a russian composer, tchaikovsky, about a european war in 1812. It is kind of ironic. Incidentally, i remember trying to play that. With all the cannons firing, very difficult. But i digress. Seeing the market may be not hoping for them many fireworks. Lets have a look at the data right now. S p futures pointing downward. European equity markets a little bit sluggish. The euro is a little weaker. German data came in disappointing. Yields on the u. S. 10 year around the 1. 96 level. Weve seen selling in stocks and bonds in the european morning. Ive put iron ore in the data check today, not oil, because we seem big drops in iron ore in the Asian Session once again. It has been dropping like a stone. Story ise iron ore really quite something this morning. It is