Sharply. Have buyers reached their limit on how much theyre willing to pay for a home but we begin with the market john, bottom line, were just off the lows for the day, down about 0. 9 for the s p and Dow Jones Industrial average weve been down 9 out of 11 days on the s p 500 if we close lower today. So that is very noticeable the dow industrials, being held up largely by defensive names. Some of the other sectors like banks and energy are on the weak side the nasdaq down there, 0. 8 . Were down about 5 off of the recent 52week highs of the nasdaq when you get more than 5 , the technicians start noticing tech has been an underperformer. The dow movers here, take a look the good news is Johnson Johnson holding up wells, defensive names merck, proctor and gamble holding up. Caterpillar has been weak, Energy Stocks coming off of their highs after a terrific run. Take a look. I think a key chart is the bank stock. Theyre starting to exhibit negative patterns, what we call head and shoulde
Now at 6 oaklands new police chief officially taking over the department today. This more than a year after the firing of lebron armstrong. Thank you for joining us here on kron. 4 news at 6. Im noelle bellow. Im ken wayne is kron fours terisa stasio tells us tonight the new appointment. Also comes at a time when the city is seeing an increase in violent crime. Oakland police chief Floyd Mitchell behind the scenes at opd headquarters monday meeting and greeting members of the department. Only one news camera was allowed in a no questions were permitted. Mitchell was shown on the job tackling tasks such is going over. Crime statistics got to crime helices for myself beating a right to a little bit. He spoke with employees. This is the departments wellness counselor. And he introduced himself to a new recruitment class. Tell that ive been in this profession probably longer for almost 35 years. This is one of honorable. Greatest professions that you can metro says that his top goals comin
On Bethel Island in contra costa county. Thank you for joining us here on kron. 4 news at 5. Im noelle bellow and im grant lotus. It is really a scary reminder of just how important it is to stay safe in the summer months. Kron fours rob nesbitt. Spoke with a First Responder and joins us now in the studio with their advice this evening. Rob. Granda, well, more people will be spending time by the water as temperatures warm up. But this is also when rivers are moving dangerously fast during the snow melt and important time to be vigilant. The middle of may and californias rivers are moving fast and cold. Its a dangerous time to be in the water and First Responders have been busy. The waters of the San Joaquin River in stanislaw county clarmed the life of a 30 yearold woman after she jumped in the water to save her 11 yearold daughter. Weve had, you know, multiple. Fatality incidents just in the last week contra costa county, a 5 yearold boy drowned over the weekend on Bethel Island. Larr
Planning commission and we will be joined by mr. Duffey representing the building inspection and the public works of street use and mapping mr. Pa check connect the swearing in process. Please be advised the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices please carry on conversations in the hallway permit holder and Department Representatives each have 7 minutes to present their cases and people affiliated with those parties must include their comments within the 7 minutes and people not affiliated with the parties have up to 7 minutes to address the board but inform rebuttals to assist the Board Members of the public are asked but not required to submit a speaker card or Business Card when you come up to the podium and speaker cards are pencils are available and the board welcomes our comments and there are Customer Survey forms on the left side of the podium if you have questions board sweltered please speak to the board staff or call the boar
And we have cases before the board mr. Sanchez represents the Planning Commission and we will be joined by mr. Duffey representing the building inspection and the public works of street use and mapping mr. Pa check connect the swearing in process. Please be advised the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices please carry on conversations in the hallway permit holder and Department Representatives each have 7 minutes to present their cases and people affiliated with those parties must include their comments within the 7 minutes and people not affiliated with the parties have up to 7 minutes to address the board but inform rebuttals to assist the Board Members of the public are asked but not required to submit a speaker card or Business Card when you come up to the podium and speaker cards are pencils are available and the board welcomes our comments and there are Customer Survey forms on the left side of the podium if you have questions bo