Jacket. Later today with that sunshine and temperatures warming up to above average for this time of year. For the coast, mid to upper 60s. For the bay, mid to upper 70s. And check out our inland locations. As we head through the day, with plenty of sunshine across our region and we are going to continue with temperatures climbing as we head through the next several days. Details on this coming up. How is it looking out there in traffic . Its looking busy on 580 early this morning. We have another trouble spot. This just reported by chp. You can see an interesting traffic pattern in our live shot, just as you approach the dublin interchange. Theres a slowdown there, probably where that crash is. So youll see a couple cars blocking lanes. It is reported to be in those middle lanes. Thats the case in this live shot. A little slow as you approach the scene. Hopefully, less cars on the roadway. East of there, we were dealing with delays anyway. 62 minutes, i think that improved just a bit.
Building. This is a very large building and takes up the entire block. You can see the damage , the roof collapsed. They are getting ready to tow a couple of vehicles away from the scene. Flames tore through an oakland warehouse destroying 10 businesses. It is a commercial facility, artist collective coop. 37 individual spaces for different kind of artist work, wood working or metal crafting, bronzing. Reporter the fire started around 6 20 a. M. , and quickly engulfed part of the building which takes up the entire block of east 23rd near southbound 880. Black smoke could be seen for miles. Residents were told to shelter in place. Moxie studio space is in the old building. It is scary. Its very scary and emotional. Reporter cassandra saw the smoke while dropping after her husband at the bart station. She said she thought about the ghost ship fire that killed 36 people. Its really sad. This is not the first warehouse that went down. Its emotional to keep seeing this keep happening. Repor
The environment. Work our waye to through campaign 2020, we ask you this morning how important is Foreign Policy to your vote . How important is Foreign Policy in campaign 2020 . Here is how to take part in the conversation. 202 7488000 for democrats. Republicans, 202 7488001. Ndependents, 202 7488002 if not by phone, you can weigh in about Foreign Policy and campaign 2020 on twitter. cspanwj is our handle. You can also post on facebook at facebook. Com cspan. Talking about the democratic side of the race, 2020 democrats see opportunity on Foreign Policy. A picture of senator Kamala Harris there. Some of the leading democrats in the contest are working to strengthen their Foreign Policy addresses, eager to their own inexperience on matters and draw a contrast with the president s unpredictable approach to trouble spots overseas. They writes that vermont senator sanders is considering a trip abroad. Californias harris growing Foreign Policy team is highlighting her access to the nations
Believe it or not, this is actually the kind of decline you want if you are a bull. We cant keep realallying on the news over and over again. President trump and president xi could hammer out a trade deal. Rallies need more and more fuel. Without it you end up on a day like this one. It reminds us that stocks can go down, too. So what did make today so soggy . All the red hot cloud based enterprise stocks, they were dethroned today. Yesterday sales force told us it was buying Capital Software for a huge premium. Everyone figured that every company in the sector and cloud kings would have takeover biz. These stocks deserve to come back down and they did. They got what they deserve. Helps businesses. Work day just reported terrific quarter down seven. Cooper software, like them. Amazing companies, amazing companies, also stocks get hammered. Think of it as cloud royalty being led to the yesterdays cloud rally was all about froth. Anyone in the industry can be a target. I think thats absu
And message next week. You see the ten year there at 430. Small cap, russell 2000, up slightly today. Off 2 for the week. We have some soft guidance from adobe. Thats weighing on the software sector. Pulling down the nasdaq by almost 1 . While energy shows pep on a strong run for crowd prices this week crude prices this week, happening on a quarterly session featuring heavy index rebalancing at the close in less than an hour, as well. Which takes us to our talk of the tape. Is all this churn just about an overheated market cooling off a bit after a rapid spread higher, or is it the start of what would be the first notable broad pullback in some five months . We posed this question to cic wealth executive Vice President and contributor, malcolm, welcome. Good to be here. Were up 16 of 19 weeks in the s p. Havent had a 2 pullback on a closing basis in one of the longest stretches in history. Which leads you to say, okay, were due for some chop. On the other hand, you know, theres the arg