Energy, you name it, and it happenedn a relatively quiet day that saw the bond market continue to flash a recession signal, an unusual phenomenon we have been telli youbout. Today investors brushed it off so here are the closingth numbe. Dow jones industrial average added 258 points to close back above 26,000. The nasdaq gaine 29 and the s p 500 was up 1. But what will it take for the bullo stay in charge . Bob pisani put together a checklist. Reporter bulls cant wait to get out of august. Theyre hopeful for more stanl Global Economic data, more help from central bank easing, most importantly no radical downward revisions for the earnings estimates in third a fourth quarter. Earnings are the key, and so far other than notable downward revision in energy and materiars, flattish for the s p 500 remains the buzz word for 2019. Thats good enough for the market. But the bears have plenty of. Ammuniti trade wars are hurting growth and those earnings, and now lower yields have emerged as the
Good morning, thank you for joining us. Im laura garcia. And im Marcus Washington. Well have a look at the commute. But first, we want to talk about the heat up. Coming back from mexico, im thinking about going to the bay area to cool off a bit. You brought mexico back. You did. Its going to hang out for awhile. Hot temperatures at least we dont have the humidity. But we will see some more clouds moving in as we get a live look outside in san jose. Temperatures quickly heating up at noon. Were at 81 degrees. Well get a look at the microclimates coming up. Were looking to the trivalley. A little blips for 84. We see the early slowing. Coming toward the bay bridge, we dont have any delays for travel times. Well show you the toll plaza coming up. Happening tomorrow morning, all eyes will be on capitol hill as former special Counsel Robert Mueller testifies in front of lawmakers. It begins here on nbc bay area live at 5 30 tomorrow morning. Muell muellers testimony will be about his connec
But so far the commute has sorted itself out to a pretty smooth drive. Were looking at a crash around stone valley road. Ill track there. Theres a new fire reported around taylor. For this yier, were still at under 25 minutes for highway 4. The backup is there at the toll plaza. You knew i was going to say that. Here we are. Just over 24 hours from testimony from russias special counsel. This morning the Trump Administration is trying to put the brakes on what he can tell lawmakers and the american people. Today in the bays tracie potts is is live in washington with us with all the details. Good morning. Reporter good morning, everyone. Remember, Robert Mueller was a reluctant witness. He did not want to come to capitol hill to testify. But now under subpoena, he is coming to talk to lawmakers about this report. And the Justice Department is saying thats all he can talk about. New from the Justice Department, this letter telling russias special counsel Robert Mueller that any testimony
Not too long ago, to set him up for this job. Expected butly faster than many analysts had expected. Thathich is how hard is my question, hollow hard a job is this. Limitedey have some exposure to north america. It did a complete 180. David but it is specifically into a larger story about Capital Investment and specifically energy. Alix and how deep it is in the u. S. That is what we will learn. We have earnings coming out and the macro picture. That Means Nothing is happening in the markets. If you like it was a same story yesterday. The dollar rebound from that selloff. Do williams came in and said nt keep your powder dry. Same in the bond market. A big buy coming in. Can we finally say it is a geopolitical risk story with crude . David did they shoot it down or not . Alix it is all cloak and dagger. David meantime, we want to find out what is going on outside the business world. For that, we turned to Viviana Hurtado. Viviana the Trump Administration and House Speaker nancy pelosi a
Spread into the environment. M respiratory failure. Sarin was used in two terror attacks in japan in 1994 and 95. The latter of which killed 13 people when the gas was released in the tokyo subway system. Now, we first sent out the alert about the possible exposure at 12 10 p. M. Through our abc7 news mobile app. It is one way to stay on top of breaking news as it happens. Just be sure to enable those push alerts. The dust is still settling after the warriors completely overhauled their roster in a matter of hours yesterday. The flurry of moves left lots of heads spinning. It started just about 3 00 p. M. When word got out that kevin durant was brooklyn bound and was going to sign with the nets. But the warriors had a response that resulted in Andre Iguodala getting traded to the memphis grizzlies. They agreed to a deal that will land them an u star, Deangelo Russell. To make room, iggy had to go and the warriors may not be done yet. Yeah, did you follow all that, right . The roster ch