The euro continuing to go down against the swiss franc, piling pressure once again on thomas yourdon. Vonnie here in the u. S. , we are seeing continuation of that decline in equities, down 1. 3 for the s p 500. The nasdaq 100, on some chipmakers we are looking at almost 2 . The 10 year yield has been on the decline a little bit today as well, now down at 1. 84, despite a jobs report that pretty much would have been very pleasing had we not gotten those tariff tweets yesterday. Of course, larry kudlow saying this morning that we will see what comes out in beijing today. He seems to be hinting something would indeed come out of beijing. That said, the offshore yuan is trading at 6. 9721. Theres a big spread between where the yuan was fixed at today, which is stronger than 6. 90, and where it is trading at offshore now. Crude oil futures recovering just a little bit. A huge decline this week, but backup 2. 7 now. We will see some of the market moves and perhaps productively, they are low
101 we showed you that shot but i wanted to talk you through a little gap here. Theres trees blocking your view and you also have cones blocking a few lanes and thats why it doesnt look like theres traffic going on headed south past willow. One lane, possibly two now as we have crews blocking off the center area for roadwork, working on the median thats a longer term project thats been going on for years over there, just south of university. But you know what . It shows up smooth on the sensors because traffic is so light there and around the bay. No problems out of here, out of contra costa county, across the benicia, the carquinez bridge, approaching that bay bridge. Golden gate bridge a little fog advisory from chp and i think thats warranted but no problems. Back to you. All right, thank you very much. Wish we could say the begin. The tragedy in the hayward airport, where a Flight Instructor died after a helicopter crashed on the runway. This is a picture of him. This morning ntsb
Today. We will see some spots reaching the low 90s again this afternoon, so ill have a look at that, and mike, youre updating the crash in the trivalley. With the help of our waze community, i didnt think it was a major crash and again another update came in, somebody else reported it as a minor crash. Well thank them, but also they picked up their cute waze logo there. Were looking at a slower drive from bernal to center boulevard. We are showing the slowdown as well coming down through pleasanton and in toward sunol. The cutthrough for 84 works well today and consider that to get around that crash if youre coming in out of livermore and altamont pass. A little slowing for hayward, no surprise. Same thing as the bay bridge toll plaza, where that disabled vehicle i do believe has been cleared. Back to you. Thank you, mike. On capitol hill, the four american women of color in congress who President Trump told to go back to where they came from are calling for his impeachment. Tracie pot
So far, it looks like folks are able to get on the trains without any major problems. B. A. R. T. Says the agency had to move more than 10,000 additional commuters today through the trans bay tube into the city because of the box truck crash that caused all the traffic. B. A. R. T. Did suggest that people leave earlier in the day to avoid huge crowds or wait until later in the evening and leave then. One b. A. R. T. Rider described what a headache it was for him to change his plans last minute this morning once he learned about the bay bridge crash. I left my house out of concord at 8 00 in the morning. By the time i got to lafayette, it was just too backed up. I had to take my car, drop it off at a hotel, then find my way to the b. A. R. T. In lafayette. Reporter were not seeing any major problems but certainly a lot of commuters here at this hour. B. A. R. T. Did tell us that the agency, however, did not add any extra trains for this evenings commute. Reporting live from san bay area
Just 5 days ago. We had a 50 basis point move in that two year yield seven days, so tremendous volatility in some people data still ahead. The 10 year yield hanging out now below that 4. 60 level. Send midday movers on the equity side, that shows you a little bit of the exuberant under the surface. Qualcomm suggesting that demand for smartphones is increasing after two year swap. The company has been trying to decrease reliance on phone chips by pushing its personal computers, vehicles and other markets. Qualcomm shares rising the most in more than two years. In Apollo Global rose 26 in the first quarter, just shied estimates, but the firm has launched the best performance among of publicly traded peers this year. You see a polish shares up more than 4 . And take a look at peloton also because the ceo announced lance to step down at the Company Looks to another restructuring to reduce annual expenses by more than 200 million. They plan to reduce headcount by 50 . Have a ton shares down