From the bay areas local news station. Watching kron 4 news. The storm door is open. Heres some video of rain we saw moving in this morning and more rain is on the way overnight. A soaker coming for our sunday, thank you so much for joining us here on kron 4 news at 9 im Justine Waldman im Jonathan Mccall the weather watches where we start is been a dry start to the wet season. But another round of wet weather is expected to flood the area overnight. Kron 4 meteorologist Mabrisa Rodriguez is here now tracking huge storm or tracking the storm hour by hour on when we can finally expect to see it. Hi there jonathan and just stay and were certainly getting spoiled this weekend in the bay area we had a relatively slow start to the wet season of Mother Nature getting us a double dose of 2 storms this storm though is going to have a cold or core to it coming from the gulf of alaska, so its going to bring us some much needed steadier rain to start your sunday morning right dry outlook, but we
Which prevent michiganders crossing the street to visit family members. No relaxation of the social distancing rules from President Trump. Hes considering extending the keep your distance regulations into the early summer. Then theres this. Antibody tests that show far more people have been through covid19, three million in new york state, 20 of new york citys residents have had it. That means the fatality rate, the number of people who died from the virus, comes way, way down. Interesting. Quickly to the markets. Not Much Movement at the open today. Orders for durable goods in march down 14 , yeah, thats bad but it was expected. The dow is going to be up 193. I call that little movement. How the times change. We will be back to 23,500, big gain modest gain for the dow, nice gain for the s p and for the nasdaq as well. Look at oil, staying at low levels. We are looking at 17 a barrel. In the absence of demand, we are still not driving very much, we are running out of places to store al
President s chief economic adviser larry kudlow. Hes going to join us. Thats the question we will ask, when, where and how will some americans be able to get back to work. Now, check out the market. It reopens today after a threeday weekend. Last week was one of the best weeks in decades, with the dow rising 12 . No significant pullback this morning. We are down just maybe 70 odd points for the dow industrials and well above 23,500. How about that. The s p down about. 33 and the nasdaq, same thing, down about. 33 . That is not a significant pullback. Not helping the stock market is a forecast from jpmorgan. They suggest that gdp could fall 40 this quarter and unemployment could reach 20 . Now, that is a dire prediction. Check out the price of oil. The u. S. , russia, saudi arabia and other Oil Producers have announced an agreement that would take 9. 7 Million Barrels of oil a day off the world market. However, that has had very little impact. It may put a floor under the price of oil b
This coming out of china this morning. The Unemployment Rates surge to 6. 2 in china, and bank of japan is boosting stimulus this morning doubling stocks purchases. They are buy equities at the bank of japan because yield and tenure fall this morning. Were down 18 basis is point on the tenure at. 800 . Over this 200 coronavirus cases now here in america. West virginia, the only state with no known cases. More school ises are closing major restrictions are being put on businesses and travel. The cdc urging no gatherings of more than 50 people. Vaccine trials meanwhile are starting today. That is one certainly note of optimism. Trump declared National Emergency urging americans against hoarding as Grocery Store is shelveses are emptying out. The president taking part in a Video Conference of with g7 lead percent today to coordinate a response to the coronavirus pandemic. Meanwhile this, senate is expected to vote in coronavirus release bill today. They were there late until 1 a. M. Frida
Because something i finally have something to talk about. Good morning happy friday. And to you. s 40s, 50s on the thames. Fog is making a big push year. It will be cooler today. Then tomorrow, we set the stage for what looks to be maybe 4 or 5 days, some very cool thames. Some rain and some impressive mountain snow totals look to be on the old weather menu here. So, rain returns saturday. The breeze will pick up. But this is really, yes, we will get some rain, but that they will get measured in feet on sierra snow between now and monday and tuesday. Fog is the big story here. Moving up the coast and finally a system that looks good and it is going to hang around for a while. It is now beginning to make its move. So, temperatures, belowaverage today. Its busy today. Where would you like to start . Im gonna start with the bay bridge because Everyone Wants to know about that. The bridge here at the crossing into San Francisco a 10 minute delay, which is not too slow, considering what tim