Points at the lows, the nasdaq nearly dropping back into correction territory after hitting an alltime high just last week. Tesla down more than 34 from its alltime high hit last wednesday. Apple down 18 , microsoft and alphabet too seeing some major losses when does the pain stop, guy obviously ive been pretty skeptical the entire move higher or most of the move higher something sort of struck me last week, i think it was wednesday when you had those headlines from the cdc putting on notice people from the 50 states to get ready for the vaccine and the market had that huge rally to the upside what caught me by surprise was the fact that the volatility index didnt buy it. That was the tell. I think it continues to be the tell to answer your question, i think youre going to see the bottom on a day where the market has a big move to the downside coupled with the day the vix actually moves lower as well. We didnt see it today the one thing that really struck me as upsetting today or somew
Alatoona pass. There was a fire that open overnight that was sparked by a vehicle, a big rig on the right shoulder. As of right now, this is one of our busiest areas. We are seeing some hefty do legs. This is your all lanes were previously shut down but all lanes are open and they reopen everything and canceled this just before 5 00. There is a bit of a backup you give yourself a few extra minutes. If you are traveling out of tracy from our house, towards grant line, it will take you 15 minutes to do so. To a five to 680, give yourself 40 minutes. Katie nielsen is live on scene, street side to get us more information on the fire. Reporter you can see those brake lights you were talking about and you are looking at 580 right now. You can see traffic flowing well in the eastbound directions but westbound, we just reopened those last two lanes that had been closed. You can see all of those brake lights. As you are saying it started around midnight last night and it caused all lanes both e
After hitting another all time high earlier in the session. The selloff coming as California Governor Gavin Newsom rolling back reopening plans as coronavirus cases spike in the state. Bars, gyms, salons, malls, other businesses ordered to close indoor operations in 30 counties that represents 80 of the states population does this officially put a close on the reopening rally guy . I dont know again, i dont know if this was a rally on the reopening or hopes that there was some vaccine out there or the fact that the fed is back stopping this entire thing, but ill play your reindeer game, mel, and say this was the reopening rally. Im shocked that people are surprised that the reopening is not going as well as a lot of people were indicating it would. So it should put an end to it because on top of that, as we just talked about earlier, or sara and wilf talked about, you had one of the biggest reversals in the market. It looks to me eastererily simio some of the moves in late march when t
The combination of the threat of coronavirus and possibly the rain as well keeping people home. This as many counties ban large events and more residents test positive for covid19. Good evening, thanks for joining us. Im larry beal. And im dion lim. Four local counties today reported new coronavirus cases. Sonoma county has four cases and late tonight revealing thafr first confirmed case by community spread, Santa Clara County, revealing 12 more cases pushing its total to 91. San francisco reported five additional cases and marin county added two new cases for a total of five there. Now to the latest impact here in the bay area. Uc berkeley says a student has tested positive for covid19. The university believes no one is at a significant risk of contracting the illness from the infected individual. The Newark School district also announced its Closing School starting tuesday and continuing through april 6th. And both the alameda and San Francisco superior courts are making major adjust
The nasdaq is dticking ever so slightly in the green. Down just a tenth of 1 in the s p, 4504 was the last trade there. This is an interesting move only because there might have been folks who believe it could have been the precipitating factor for something much worse, even so today josh, it didnt look like it was going to be massively down but did accelerate into the close. Okay, were down, but whats down the most . It tended to be the stocks up the most on the year he was on with you yesterday and calling it an upsidedown day. Some call it an insideout day it was counter trend you had stocks, the top 20 performers in the market up an average of 23 you also saw a lot of pain in higher yielding stocks, equities, that makes sense a higher yielding bond, long bond i think were probably just catching our breath. I dont think anyone wants to make a big commitment to one side of the market or the other ahead of apple even if its a boring report, it will speak volumes how august progresses