Im Katie Greifeld in new york. Take a look at markets this morning. Near alltime highs, but a little over today if you take a look at the s p 500, slightly in the red, down by about 0. 2 . Of course still above 5100. Look at the nasdaq 100. Losses getting a little more serious, down about 0. 8 . That follows a big update yesterday. You can see volatility rising a little bit. The vix still below 14, but inching higher and higher. Lets get to what is happening this hour. That is the house voting on a bill that would force chinese tiktok parent bytedance to sell it or face a ban in the usa. The company is planning a full legal fight if the bill becomes law. Junkie double o streams me from washington. Jackie double os davalos joins me from washington. Jackie as you know, the house or the senate have not found Common Ground to agree on almost anything except this bill. It is a bipartisan effort that was brought forth by the House Republican chair of the select committee on china, Mike Galla
Is you need to keep oral headlines in the final hour and major widely held stocks cratering or soaring. Thats what we are here for, the market taking a sudden gap down 14 minutes ago. S p 500 down 28 points, the nasdaq nearly went negative but up 21 points, Dow Jones Industrials had a session low, now it is 15 minutes ago, earlier it was up three points, we have fumbled hundreds of points in the last couple minutes. The issue beyond the headline which involves apparently a ramp up in activity both over the skies of gaza and israel, a big hit to chevron, shares at session lows, down 6. 5 , 52 week low earlier, 145 and 3 pennies. It has stumbled lower at one 4453. Part of this is tremors in the release, the oil giant was punished after profits in the Third Quarter from a record a year ago. We have crude Prices Higher in the aftermarket, chevron did warn production in the gas field which chevron halted after the hamas attacks october 7th could hurt fourthquarter output. The market obvious
Bit. A little bit a little bit. Not in marin county at least yet. Lets check in with mister drizzle was awake early in my drive in. Oh boy. Dave you were all the way in. All the way. Same here, all the way in. I agree. 50s and low 60s weak system fell apart. Kind of underperformed, but still some areas picked up a couple hundredths to about a 10th of an inch. 5060s. A lot of drizzle in the morning and then well get a break system has already gone through. But theres a series of them that will continue to move in to the north. So temperatures staying below average here, 60s and 70s. All right. Sal is here. I dont know, Richmond Bridge. Yeah we do have a couple of lanes closed here as they do some repair work and cleanup of debris after a crash that happened 10 00 last night here at the Richmond Bridge. At one point, all the lanes were closed. You can still see parts of a big rig that hit the toll plaza there at about 10 00 at night, an and this was a deadly crash. Were going to find out
This is mornings on two. What a start to the day. Good morning and thanks for being with us. Im gasia mikaelian. You know im going to ask you about it. Traffic weather. Where do we start . Weve got a lot to talk about. Im dave clark. Welcome to tuesday, october 10th. Gasia is here. You had an interesting i took the other way to work today and it wasnt because of the rain. Steve paulson there are a couple of big messes on the roads. Well talk to sal about that in a second. We werent sure you were going to make it on time, young lady, but were glad youre here. You all right . A lot of low clouds up above that. Up above. Its okay. You can take a look at the picture for yourself. And if you get some breaks. Hey, it looks nice. It does. There will be a lot of cloud cover coming in here, though. 5060 on the temps. A mild air mass, a lot of drizzle overnight. Now, if youre north here comes another band of clouds. If youre south, i think youll get more sun. So we overnight into early this morn
2023. Trump on trial. The former president inside a new york city courtroom, his real estate empire on the line in 250 million lawsuit. What hes accused of lying about and how his team is fighting back historic choice, californias governor announcing his pick to fill late senator feinsteins seat. Better late than never, your favorite latenight talk shows coming back. And round about the way. Are saving time and spinning drivers into circles . We begin in new york city where former President Donald Trump is facing a judge on 250 million lawsuit. The Trump Organization and its top executives are accused of manipulating the value of the companys real estate for financial benefit. And new york citys attorney general claims the differences were staggering. A few examples here, back in 2019. A treestory apartment in that building. Trump valued at 327 million, says it worth 120 million. The one getting a lot of attention. Maralago. The president says its worth 600 million the state of new yor