Mornings. Mid to upper 50s and near 60 at the coast today with the least amount of sunshine and 70 to 76 at noon. 73 to 81 bay and inland by 4 00 with those low clouds giving way to just a few high clouds but grab the sunglasses, youll still need them. A warmer weekend forecast coming up. Heres kumasi. Thank you, mike. Right now we want to take you out to breaking news in oakland. This is at a live look at a fire that burned a building. You can see it the smoke behind this fire truck. This is on Martin Luther king jr. Street and we know this fire started around 3 00 this morning. The roof of the building collapsed and then in just the last half hour we could still see the flames coming out of the building and we could see those firefighters on the roof trying to get everything under control. We dont know much about this building, what it is used for or if anyone was inside and we will stay on top of this and keep you updated throughout the morning. Now, to the very latest in the fight
Fight against the virus. Netflix plunges in extended trading on disappointing subscriber forecast. They announced the chief content advisor will become joint ceo. This is bloomberg daybreak europe. Getting some numbers from in aton, net sales coming 55. 6 billion swedish kroner. A little bit of a beat there. Operating profit numbers also 4. 5 billiongh, swedish kroner, i had of the estimate of 3. 22. They had to take provisioning in china was a question analysts were asking, and what impact that would have on their margin. The ongoing conversation about 5g and the travails of huawei, how much is that impacting the ericsson business model. Some of the market moves we had seen overnight, stock specifics in corporate reporting. Plenty more of that coming. This is what we have on the data, euro stoxx 50 futures higher. S p futures higher but not by much. The Asian Session has been mixed. Nasdaq futures also higher, despite the disappointment of netflix. , we have had the ecb meeting, but n
Volatilityews will be the name of the game for the foreseeable future. Perhaps also low volume. I want to bring in Abigail Doolittle who has been following all the action, or lack thereof. Walk us through the theme of today. Abigail lack of action was the theme on this slow summer friday trading day. There was some fluctuating between gains and losses on the s p 500, the dow, and the nasdaq, but this is the first few the first time in quite a has been true,at but this is the first day in quite some time where it did not file shoot might drop or we did see a true bump. There is reason to think that could be ahead, but today, the s p 500 up, the nasdaq managing to pull out a gain it seemed like the nasdaq might put up its first two day decline, which would be the first time in two months. Part of that having to do with biotech. Goldman had constructive comments on modernity. On the week, the worst week going back since march, the nasdaq down on the week, the s p 500, the first time weve
Are treating it as a crime scene. Workers cleaning out the fire damage before the Police Department released the unit back to the landlord and they put a lot of investigators on the case at one point the Coroners Office came out to investigate. The fire happened after 8 00 in the morning. They reported smoke in the downstairs unit of the duplex. The windows are crack in the wall is hot possibly coming from the kitchen. The First Company found the building with smoke forcnt the stov and firefighters pulled in an conscious man in the his son out. The father is in Critical Condition and his family was trying to find out if the nine yearold boy survived the fire and they said the boys name is diego. Neighbors are shaken by the news and say diego often played with other kids and wrote his bike in front of his home. Its super sad because ive seen this kids before. Thats horrible. Firefighters do not find any working smoke detectors. We strongly emphasize the use of smoke detectors. Firefight
In Critical Condition including a child after a fire broke out inside this home. A bay area man is flying to idaho and back in order to get a covid test quicker and results faster. Flags at half staff as San Franciscos city hall lit up in memory of civil rights icon john lewis. More on the tributes that continue to pour in tonight for the tireless champion of equal rights. It was a bright and breezy start to the weekend and tracking cooler weather arriving in abc 7 news at 11 00 starts right now. I feel like im taking a risk definitely but were taking a risk every day that we cant get an appointment and cant get results. A bay area man says hes trying to do the right thing but has waited more than a week for covid19 test results. The drastic measures hes now taking to get some answers. Good evening to thanks for joining us. Im dion lim. Im eric thomas. We begin with the latest coronavirus headlines. More than 9,000 new cases reported in california today and Officials Say the Positivity