Lets look at where we stand in the markets the dow hitting a new high up 117 points the s p and nasdaq all in record territory. Earnings are driving the market highs its getting rewarded. Bob is at the New York Stock Exchange with more were at new highs because the market has successfully rotated into former out of favor sectors. Im talking about cyclicals. Whatever happened to the Global Economic slowdown. Those are the two classic cyclicals on a global level. Communication services are Media Companies also doing well. Even bank stocks doing well as the yields curve has steepened in the last month. Its not just here in the u. S. I think a lot of people were surprised to find that europe is moving up. We had new highs in italy and germany and france theres your european etf. A lot of this is because the bank stocks have turned around italy, germany and france even japan at eight week highs. A little bit of this is about trade optimism a lot of people believe that will help the global e
Its on pg es watch this is happening. The governor says he understands why every one is upset but this needs to happen to keepplan power outage may impact santa clara county. This is look at the News Conference that just started. They are discussing how the community can best prepare. Well tell you the key take aways on our 6 00 newscast. The next 48 hours will be challenging for parents. Schools across the bay area will be closed if the power goes out. Were listing all the schools at the bottom of our screen. Nbc bay area melissa colorado joins us in oakland. Reporter the district spokesperson tells centers will be impacted. You might have to close tomorrow as well. The reason pg e electric system is interconnected in the power lines in the hills affects the grid here below. They will tell the public to prepare for a black out. City lead ers say the worst cas scenario is the power outage could last up to five days. This is the type of interruption that should not happen. Reporter even
To really go out and enjoy. Overall. All in all. Right now, in San Francisco, the current temperatures are 57 degrees, so it is not too cold in fran, but running a little chilly in some spots, 51 in san jose. Lets look at how of the rest of the bay area. Petaluma, it is a little cooler. That number is 37 degrees. So we definitely have, theres a couple of chilly overnight lows, mainly up through the north bay, though, but look at the south bay down below, we will be seeing a little bit of a slight warmup. 18 degrees cooler at this hour, over nine degrees cooler and lets take a look at the microclimate highs and temperatures, five degrees, warmer than what we saw yesterday and in some spots, but looking at what is on the way. A rollercoaster. I will take you through that in a few minutes. The only thing i can always expect with the weather is it is going to be a rollercoaster. Yes. See you in 15, thanks. Now to dramatic and frightening images out of Southern California this morning. The
Its not as windy inland but the coastline is seeing upwards of 20 plus miles per hour. San jose right now though 49 degrees. We dipped down below the 50s, some areas even in the 30s right now. San francisco 53 degrees. Wind speeds about 8 miles per hour. Now the 24hour temperature change is pretty significant, napa is seeing overnight lows in the 30s. We expect cold overnight lows tonight, a very cold start into monday and tuesday, and our afternoon highs are only going to be climbing into the upper 60s. So certainly going to be one of those days where you really bundle up. I was cracking up because it was completely a california day yesterday where people were bundled. It was sunny though, but windy, so it was like confusing. Yes. All right, well look forward to your full forecast in 15 minutes. Vianey, thanks. A local Police Department is opening multiple investigations after a Police Officer shot two people. This happened just after 5 00 p. M. Yesterday in san mateo as police were p
Lemonis if i cant help them and their franchisees find a way forward. Im pissed right now. I am record pissed. Tea time will be over. And i am not gonna [bleep] around. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning, wondering if we have a job. Were gonna wake up every morning, wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This is the profit. Lets go to work. Taylor welcome to tea 2 go. How are yall doing today . Lemonis in 2013, jeff hunt enlisted his son, taylor, to help him launch tea 2 go a franchise concept offering madetoorder drinks and looseleaf tea by the ounce. Taylor you need sweetener in that one. Lemonis he wasted little time Building Stores and pitching franchises. Jeff to built out, to initially open it, all the furniture, probably around 108,000. Lemonis and many folks bought in. Ryan cowboying