And by 4 00, we are in the my 50s at the coast and barely 80 inland. You will neat a light jacket as we fall into the 60s after the sunsetting at 7 38. You need the see the breezes with the camera bouncing but no high wind warning. You could blow from side to side so be aware. We have continue minute commute from albany along i80 into San Francisco. 101 if san jose near 880, looking good, but we have double a four car crash blocking one or two lands and headed along the westbounds from along highway 237 at 101 you can see the backups building. More on the breaking news we follow from North Carolina. A marine has been killed. Several have been injured. A helicopter made a hard landing. Janet o is in the newsroom with more. A main has been killed. Nine have been injured. The helicopter made a heartlanding at camp lejeune in North Carolina. The chinook helicopter was on Training Exercises when it crashed. A spokesperson said the name of the dead marine will not be released for another 24
shields or did early today. some demonstrators threw rocks at the cops and some eggs and smoke bombs at banks. and in greece, more riots on the streets in athens. protesters hurled flaming garbage cans and observers heard demonstrates shout european union get out. and the chaos appears to have rattled investors and markets in europe taking a big hit and our market down, what, 200-plus points and gerri is here from the fox business network. the european industrial bank tried to help out the markets here, right in gerri: it is not working. we were buying bonds and yields are going up here and yields on french and italian bonds obviously going up here and this is concerning because as the creams go as the yields go up, they are saying they think
shepard: this is studio b and i am shephard smith at the bottom the hour. red across the board with the cow do you down 400 points, foreign debt and the job market and manufacturing and the european central bank all pushing investors to sell off if an enormous way. it has been a broad-based sill off with financials leading the way and commodities, though, cheaper today, as well, and oil has gone way down, below $87 a barrel, which means maybe the price of gas will come down. maybe. it is a lagging indicator. the bank of new york is reporting today that instead of giving you interest on your big dollar deposit, you have to pay to keep your millions with that
bank. the account holders have to pay interest to keep their cash there. gerri now with her two cents anchoring the willis work. you talked about this during commissioner. i got $50 million but if someone has $50 million to put in with the bang of america they say, thank you and . you pay us for the privilege. shepard: it is cheaper in the shoe box. guest: right thousand for big people. not you and me and normal human beings but if you want to put a chunk of money, the g.d.p. of istanbul not bank, that is what is happening. that is already happening this europe. shepard: since you have been speaking we are down 40 points off 440 for the day, the kind of sell off we have seen in the past where it is not about fundamentals or corporations
the hope is big corporations c.e.o. s will make decisions to buy back their own stock because they see quality and value in their own stocks. they see that the value of the stock right now versus the earnings of the stock right now are out of whack and it is a value. if we don t see that there could be real trouble ahead, the european banks led this charge down going with a run on the italian banks some three weeks ago and european industrial bank today had a news conference and really confused the market enormously telling markets around the world, you are on your own. not realizing that they should not worry so much about inflation and should be worrying much more about lick liquidity. the markets are dropping like a zone in a swimming pool and we down 11 percent and we just hit 4 percent on the dow jones industrial average down 11