So be careful. We have the system creating high waves. Super dense fog. Visibility very limited in spots. Especially petaluma commute, southbound 101. Gary said the same thing up there. East petaluma, the other side of that fog, 36. Near clayton, 38. St. Helena down to 40. It will be mostly sunny today except for the fog that will burn off. The storm track taking everything to the north now. 40s every year. 47 in san jose. That is really cool for them. Kelseyville 39. Right at 40 for another napa observation. There are chilly read willings. But the day will be nice with upper 60s for some, near 70 towards san jose and the santa clara valley. Sal, you heard that. Yes, i did. The dense fog makes it tough to drive in areas. We are watching those areas to see if there are any more collisions and we will let you know about this them. Were starting with an area that is clear weatherwise. The west shore to the macarthur maze. It is taking 45 minutes. A little less as you between between the b
Adjustment and the median price of an existing home up 4. 8 yearoveryear to 247,700. This number coming in better than estimated. Today does not necessarily belong to macro. In more belongs to micro and corporate earnings that have been coming out. The ecb decision to not raise rates, notwithstanding. That has not seemed to disk to derail u. S. Stocks. The dow and s p have been pulling back from yesterdays record close. Was good to big corporate stories we are watching. General motors posting record earnings. They beat analyst estimates for earnings per share by 22 . Sales of 11 and the company attributed part of the beat to better pricing. Those shares are rising today. We heard from biogen. Secondquarter profit coming out and beating analyst estimates. The bigger news is that the company ceo is departing. Over doubling in sales at the company. More recently, analysts and investors have been scrutinizing biogens blockbuster ms drug. It is not growing as much as some anticipation. In t
Estimates. The biggest thing on the economic front, the bank of england coming out with its Interest Rate cut as well as increased stimulus here. Factory orders, durable goods orders coming out a little better than had been estimated but it does not seem to be changing the direction of stocks to any significant degree at the moment. Still seeing very little change as investors weigh what the bv has done with the bank of japan and try to extrapolate what the fed in the u. S. Will do. Playing into what we are seeing today asked stocks fluctuate above and below the zero line i half hour after the beginning of trading. I what to look at what is going on in the bond market following the bank of england action and following the Economic Data. As we saw in the u. K. We see yields moving lower. 1. 49 in the United States and taking a leg of further down after we got this Economic Data although it does appear to be better. In terms of individual stocks that we are watching this morning, weve go
To that vote. They have turn into small losses for the industrials. Down ten points. Nasdaq holding ton a very slim gain of about 4 at 4847 and the nasdaq is higher by 1. 6 . Lets kick it off with the first of those bs and that is the brexit vote countdown. We are just 12 hours, 59 minutes, 11 seconds away from the vote opening up in the uk. The polls do seem to show rather even split for stay or go. Perhaps the market and the wisdom of crowds is selling more of a stay story. The uk stock market having a great run lately. We pointed it out yesterday. Were up again today. Four days in a row of gains for the uk. The banks doing especially well. Barclays, for example, up 10 over the past week. Some of the other ones, lloyd banking group, prudential have also done very well. Lets look at the british pound. Its been on fire lately. In fact, a few days ago the pound had one of the best days in a decade. As you might imagine, were going to have lots more coverage of this brexit vote you might
King of debt, but will his policies make paupers out of all of you . Gop president ial candidate Donald Trumps economic plan and whether it really can make America Great again or punish savers. And by the way, where are the better plans from the remaining candidates or their party . [laughter] plus, im heading to vegas with these guys and 8 billion of capital descending on las vegas for the super bowl of the hedge fund world, the salt conference, where ill give you access to the winklevoss brothers and some of the greatest minds of the financial world. Twins will be there including guru of the emerging market, mark mobius. Were less than an hour to the closing bell. Anything can happen in this last hour of trade, so lets start the countdown. Liz and by the way, we should tell you that disney earnings are coming up in about 59 minutes. Its just a huge day for the markets, and were tracking the tape this tuesday. Some of the biggest movers, amazon popping after Investment Research firm b