North bay theres lower visibility. Santa rosa certainly there. So be aware of that. Patchy clouds and fog this morning and things are clearing out. A short dry break for today and more rain is on the way. Looks like we have three rain chances this week. Likely we will get wet with one of those. Highs today on the cooler side as well, only in the 60s and upper 50s is long the coast in pacifica. The rest of the bay ranging from 6163 degrees in concord. Your sevenday forecast is coming up. First, the roads are slick out there. Youre right. Lets talk about the Altamont Pass very slow at 20 Miles Per Hour. North tracy boulevard will take you up to 36 minutes along westbound 580 now. If youre headed to the sat matt bridge from hayward, that will take a quick 12 minutes but the roads are slick so drive slowly and carefully. 238 on the nimitz freeway, 17 minutes. From cartinez along the east shore to the maze will take you 18 minutes and expect a smooth drive into downtown San Francisco. The m
Peretz. More data coming out. Lets go to julie hyman. Read onhe final Consumer Confidence from the university of michigans index. 90. 3. L from this is the final rating. The more important Economic Data point was gdp for last quarter expanding at 1. 2 , less than projected. That affecting markets are early in the day. It seems like investors are focusing on individual companies. Nd earning reports the nasdaq touching its highest rating level on an intraday basis that we have seen before falling back. The losers putting pressure on stocks, exxon mobil coming out with earnings missing estimates. Efining margins plunged 30 chevron falling after its third consecutive loss. Cigna cutting the Second Quarter earnings, well short of estimates. Theyre saying losses and a weakness in particular in the disability business. Disability business through employers has been weak. We have strength in tech names, in particular out for that and amazon. Both beat estimates. Amazon showing profit and profi
Now the markets, after session lows down across the board, 1. 5 . The falling price of oil is bringing down energy stock. 1. 4 . P 500 is down the nasdaq is down 1. 6 . We did get good u. S. Retail sales data and Consumer Sentiment. As well as lower unemployment numbers. That is not to turn this around. For every one stock of, 8 stocks are down. For the week on this friday, the worst performance since november 13, we are down by 3. 5 and 70 points. The index is going 20 six sessions without back to back games. The record is 28 days. That was set in 1970 him and he hit it in april of 1994 and again this march. Two more days and we will tie it again. Three days, and it will be a new record. Oil, a lot of superlatives in the market. Nymex crude is down 2. 9 . It is down for the sixth day in a row. This is its longest losing streak since march. It is the lowest since february of 2009. Natural gas is falling, it had broken below the two dollar mark, and it has risen above that at two dollar
What caused a 565foot construction crane to topple to the ground in tribeca yesterday killing a man on the sidewalk. Officials want to recover the cranes computer which could provide vital clues. Meanwhile, theyre collecting pieces of the crane investigation. A. J. Ross is in tribeca this evening. Sandra and joe, the ongoing process of removing this crane is not about speed but precision. And now this structure is being carefully cut into 35 pieces to be shipped off and analyzing so engineers can figure out what caused this terrible accident. Reporter in the aftermath of a tragedy that has left so many shaken, engineering experts are now carefully sifting through and dissecting the remnants of this massive crane hoping theyll reveal clues as to what the crane removal has started. Reporter during a press conference, they talked about the retrieval of the cranes removable computer that stores data that may prove helpful to the investigation. It will likely give us the angles of the boom.
Ticket holds as much value as even my kids. When i found out he was going to be here, i called my son and all i said to him was paul at candlestick. Reporter theyre going in strt sound check. Its like seeing two shows in the same day. Reporter and what shows they will be. The concert promoter says mccartneys farewell performance includes the biggest video screens, best audio equipment and a pyrotechnic show that could make even the back row squint. He brought in 36 semis just for the stage. Thats an enormous production. Reporter right now, youre looking at some of the sound check from this afternoon. The actual show will begin at 8 00. But first, coming up at 6 00, well introduce you to an incredible little boy, 5 years old, he was able to meet sir Paul Mccartney this afternoon and have a little bit of a jam session with him. But for now, want to send it over to Wayne Freedman whos going to share why thousands and thousands of people, this concert has meaning on many, many levels. Repo