Thattart to see some of speculation in smaller cap to midcap names. Keep in mind, the rebalancing of the indices, that actually took effect today, so you will see a lot of the smaller names move into those midcap and largecap, the russell 2000, the russell 3000. Taylor we are getting some comments from fed chair jerome powell. Congressional testimony tomorrow. He is saying the path forward is extraordinarily uncertain and really hinges on this virus. Untilecovery is unlikely people are confident it is safe. Incoming data beginning to show a resumption of activity. A new phase is sooner than expected. Millions of jobs are still lost. He is repeating that the fed is still committed to using a full range of tools. Below,y keeping rates buying bonds as well. Romaine the other thing that is going to start to drive this is corporate earnings. Micron earnings crossing the wire. The three q numbers, adjusted eps, above the estimate for . 77 on an adjusted basis. For 5. 3. Are looking company h
Right now, streaming on cbsn bay area, we are looking live from our camera on Treasure Island out at the city of San Francisco. Good morning. It is friday. It is may 29th. I am michelle griego. I am len kiese. Lets check on the friday forecast with mary lee. Good morning to you. Happy friday to you. We made it to friday and we are looking at cooler conditions. Have the heat. We wicool dond then are tracking e ce fos this weekend. Here is a look at the Treasure Island camera with the clouds. We are in the 50s and low 60s and through our afternoon, you will notice this cool down pick 67 in San Francisco, 80 in san jose and 80 degrees in concord. Concord topped out in the mid 90s yesterday. We will go hour by hour on the future cast and we could see some scattered showers returning. Details on that coming up. Chp is wrapping up an investigation into a fatal crash on westbound 80 around university and berkeley. At one point, all lanes were closed but they have reopened them. Traffic is sti
Governor newsom calls the statewide shelter in place order a pivotal move and the governor spoke last night and said if nothing is done, the virus will impact 56 of californians in the next eight weeks. That is a worsecase scenario there. Meanwhile Los Angeles Mayor Eric Garcetti appeared to say he is on board. It is critical for all people to stay inside their homes and immediately limit all nonessential movement. I think we all fantasize that our city, our state, our country has a protective mote. If we can just keep those people out and if we can have a bubble around us. Its not coming. But the history is clear and this disease is clear, we have to take steps early. None of us have the adequate infrastructure for this and our best shot is to push this out. These are acts of love for people and the precious lives we want to protect. Heres a peek at what the roads have been looking like in l. A. This week. This is video from earlier this week of interstate 405 at 6 00. If you have eve
Museums and galleries. On other sports too . And a recovery in the global yes, markets, after a torrid week that on other sports too . Cancellations, postponement saw the biggest declines in a generation. Sport but British Airways warns yes, cancellations, postponements in sport have been snowballing. The staff of job losses, premier league, the efl, the saying the Company Faces a crisis of global proportions scottish premiership, all wales like no other. Matches a face put bowman in football, but the first golf major coming up on afternoon live, of the year, the masters, has been all the sport with jane. Postponed. One of the biggest events and the impact of coronavirus being of the golfing calendar and it comes after the pga tour announced that felt widely. Football by no means the only sport all events will be postponed until affected by coronavirus englands cricket tour of sri lanka april. It has now been extended to cancelled, formula one delayed until may, and golfs pga tour incl
The e. V. Readiness would cover some of those properties that you mentioned that are in the planning or entitlement or yet to be built phase. So when theyre built, they will be e. V. Ready. That will take care of all New Buildings going forward. The existing multifamily unit dwellings, thats still a challenge. We started with the e. V. Readiness ordinance. Were now working on this initiative for private sector garages. Weve done the same for our municipal garages. So that is a bit of the next frontier. Its something weve been looking at, but its challenging from a infrastructure and cost perspective, but its still something were working on. Because the need for charging as we transition the entire fleet is going to continue to grow. Were on step 2 or 3 here and there is a few more after that. Supervisor peskin i look forward to having those conversations with you and your office going forward. Any questions, supervisor safai . Supervisor safai yes, thank you. First of all, i would like