Search continues for two young boys last seen in mountain view. Police now asking for your help and smoke shop regulation an east bay city now looking to prohibit new tobacco businesses and stop illegal ones. Plus oakland needs baseball. Uh oakland is a baseball town. We love baseball in oakland, and baseball has brought the community of oakland together more than any other sport. As one chapter closes, another opens. Oaklands newest baseball team, eager to fill its new roster, holding its spring tryouts. Good morning. Its sunday, april 7th. Im stephanie sierra. Lisa is here with the forecast and we get to look forward to a little bit of a warm up. Yeah, we certainly do today. On the cooler side, well see a bright day with a few clouds arriving later on. Live doppler seven is quiet. There is a weak system that may want to drop a few light showers in the upper elevations, but as for right now, look at that. 36 in danville, 45 in san jose, sfo milder at 47, but thats still cold. 37 santa
Bitcoin bought at a buck where he sees it going next. An exclusive interview from the beach. Why . Because he can check out the far left corner, if you have crypto fever, well be fracking the price for the entire show, but first, we start off with judgment day for the fed. What could be the final rate hike for the fed chair janet yellen after four years at the helm all signs point to a go unher reign, its up a whopping 350 closing along with aish rye. Will this meeting prove different . Do you just keep buying, guy i think you just keep buying. Should this meeting prove to be different . I dont see how. I think it would be more volatile i think as long as think stay the course, i think the market is fine. We talked about this, petes brought it up, i brought it up as well. Its 930 now, so if the the market was concerned about it, it would be manifesting itself as a higher vix. Many, many times, stay the course it seems like the market is volati volatile quite frankly not all that volati
Im wilfred frost. Lets get straight to the market picture. Some record closes, but slight gains yesterday. We are seeing slight pullback in terms of that tone this morning. Down about 38 points for the dow. Nasdaq down 8. S p down about 4 points. Week to date we are showing slight gains for these three main indices that hides another story that people are pointing to, the small cap decline. Lets look at that very quickly. Week to date, bouncing back a bit, but that decoupling from the big cap stocks has garnered attention. People suggesting does that show weakness in the economy to come . I think its different from that its fears of tax reform slipping, and we know those small caps are geared to that. To paint that picture further, lets look at banks. Banks are also geared towards the tax reform they have slipped over the course of the week banks performance coming up now. Bank of america has slipped during the course of the week. Similar decline as we saw in the small caps extrapolati
Im Courtney Reagan. Stocks trading again in another fa narrow ray but another high. A volatile session for oil. Saudi arabia and three other countries cutting ties with qatar raising concerns about supplies. More on this as oil prices fall. And whats moving. A major cancer conference under way in a number of biotechs rallying as a result. Loxo and puma among them. Herbalife down 6 of its latest outlook. Brian . Here is what else is happening this hour. Csx shareholders approving a proposal to reimburse 84 million for arranging the hiring of a new ceo hunter harrison. The ceo of mantle ridge, by the way, is the vice chairman of the board for csx. In the skies the good times continue to roll. Airlines globally are collectively raising their profit forecast. The Industry Group that represents more than 200 Airlines Says the profits should top 31 billion this year. Thats about 1. 5 billion more than previously forecast. And the Supreme Court scaling back the s. E. C. s power to recoup prof
They need to help people like me understand how to get this up and running pretty easily and within imessage. Thats the key. And the apple watch is going after fitbit. Once again im going to be wearing a dinosaur at some point in the technology world, but well take you live, get more details. Were still waiting to hear about the siri speaker that will take on alexa coming up. Thats the big question hovering over that conference. Also shares of blue birth b blue bird bioare poppi are popp trump announced plans to privatize air Traffic Control. What would that look like exactly, how does that work . Transportation secretary elaine chao will be joining us in a first on cnbc interview coming up in this hour. Lets get to the Apple Developers conference in san jose, california. Josh lipton is on the scene with some details for us. Josh . Reporter bill, there are more than 5,000 developers here behind me today. They want to hear about software updates. They listened to apples tim cook and oth