Futures trading was halted yo ed overnight. If were down 7 , you halt for 15 minutes down 13 , you halt for another 15 minutes if down 20 , you halt the remainder of the day some people wonder how long we will be trading at the open. Yeah. Look, i think the problem is twofold no one thought oil was coming. Theres a very, very different approach by some to whats happening with the virus some people are saying not enough others are saying, listen, were making too much of it. Im in the distinct not enough camp i come back and i keep thinking about david tepper and what he said to me at the super bowl i dont know if we have that i think we do is the booth ready on that going back to midfebruary early february day before the super bowl i came back and have never been the same i know people have accused me of being fear mongering for weeks now. No, i think im realest mongering. Were trying to back into it, you have to try to figure it out. Ruined the environment of the setup right now. Whats
This busy morning and checking with steve on those temperatures. 40s and 50s with a lot of cloud cover south for central Southern California and eventually arizona but not for us there could be a little bit of the focus though looks to be monterey and fresno south, much of the north it just will not happen. But it will be a huge event in Southern California once it gets going but that might not be until tuesday. Highs in the 60s which is welcome back, ridesharing pretty close to where we should be this time of year, now over and Food Delivery Companies in the us are considering setting to allie. Up a fund to pay drivers starting on the east bay affected by the coronavirus. Where there is a couple new the wall street journal reports crashes, this is on southbound that doordash, post mates and 880 just north of west a street there is a crash and also uber are discussing banded together and pay workers have q southbound 880 blocking the left lane and circling back to is independent contra
Banks and Energy Companies leading. The tenure u. S. Yield back up to 50 basis points. It was below that all morning. Nymex crude down about 20 . As you know, saudi and russia in a bit of a war here. 33. 22 is the price. The dollar and Oil Currencies are mostly trading with big ranges right now. Lets get to our second board to see more action. You could look anywhere today and see a lot of action. Highyield, that Circuit Breaker was triggered as well. We are down about 5 right now. Dollaryen at 1. 0240. All of thelooking at markets throughout the next hour. Guy the best way of doing that is to take a look at the gmm, the function on your bloomberg which will give you an idea of what is happening around the world. The brazilian markets halted, limit down. The ftse is off by 7. 25 . The dax down by 7. 1 . The s p now down by 5. 88 . The russian ruble, oil prices the center of this story, down by nearly 9 . Brazilian real off by nearly 3 . The euro catching a bid. The dollar on offer agai
Eventually it is scheduled to dock at port of oakland around noontime today. 3500 people on board, some people have tested positive for the corona virus. There was some debate, ali, whether or not the port of oakland was the spot for the ship to dock. It was determine that had where itll come is indeed the port of oakland, not San Francisco. Thats because of the size of the ship and the size of the port of oakland, what it can handle. Oakland mayor raised her hand and said, yes, we rise to the duty. It also has a good proximity to Oakland International airport, which is where some of the passengers on board will depart oakland and Travis Air Force base here in the east bay and its important as we hear the oakland mayor and governor trying to assure oaklanders no one on the ship will come into daily contact with people on the ship. The port of oakland was selected because of the area that the ship can dock there and remain isolated from a lot of people. A good setup area and medical wor
Thank you. Reporter we got rain during 2 1 3 spot palm springs just the weekend, thank goodness shy of 2 days in phoenix an that we dont have to worry inch and three quarters, a lot about the dry stretch. There may be more on the way if of rain for the desert. Youre going to spring training youre to the south. 40s and 50s, better off on the activities. Weekend when the system comes down from the north but this is wednesday and thursday very good event for monterey, iffy and 60s on the temperatures and mid 60s, bumping up tomorrow partly sunny and mostly cloudy and more sunshine attempters in the gilroy, fresno, and really good 70s, increase of clouds and for Southern California and maybe some rain sunday. Arizona but not until wednesday or thursday, tuesday night, thank you steve. 7 12 am, wednesday thursday and our system from the north, is looking okay, still 60s away the cdc releasing the latest flu death report from the season, we are talking about but a mix of sun and clouds, the