50s, 60s and 70s on the highs for today. Probably warming up a little more tomorrow and going into saturday. All right . Sal is here, quiet, theres no rain. Sal is here. We do this thinwhere we transition right into the show. I dont have time to set my show. You know what im saying . I know what youre talking about. Thank you, sir. These are weather man and traffic man first world problems, thank you for coming to my head toss. Lets go and take a look at 80 westbound as we head out to the mckartermcarthur maze. Poor visibility, no major problems on interstate 880. If you can tell thats what that s. Im telling you, because i know. This is 880 right near the coliseum. You can barely see t. Give lfxt watching the flights into and out of sfo. When the fog is dense sometimes San Francisco airport does have problems and well keep on it for you. Race for san francisc the lead. Alyssa harrington is joining us with an update to the count. Reporter good morning im live outside city hall where la
Close to 85 points. Nasdaq up by about 27. Also take a look at treasury yields. Yesterday at one point the 30year hit a record low yield again. The 10year is yielding above where it had been. 1. 458 . Lets take a look at what happened overnight in asia after those strong results here in the United States. It carried out through the night. The hang seng up by 1. 6 . In europe in the early trade markets are stronger there as well. At least most of them. The dax is up 1. 5. The ftse just went slightly negative, but take a look at italy. That stock narcotic up about 2 . Spain the ibex is up 1. 9 . Crude oil prices, you can see equities higher this morning. Yesterday wti closed at a twomonth low. This morning up. On todays economic agenda, theres one report. Expected to show inventory rose slightly, but we have plenty of fed speaks today. Cleveland fed president spoke overnight in sidney. Chef said maintains stability in the Financial Markets should not be an explicit goal for the ed. A lot
Uncovered a los gatos couple facing charges for sexually abusing their adopted son. Tonight, the victim is speaking publicly for the first time. Heres the story from san josement. Reporter in 2000, a little boy from russia named denis was given what he said he thought was a second chance. I lost everything. Especially being an orphan. And this was my way of living again. Reporter abc 7 news profiled the story of russian orphans and the couple who soon became denis parents. Now they are facing 44 federal charges, including unlawful skou sexual intercourse. They are still living in denial. Reporter according to court records, he says that ralph began abusing him when he was 9. There was a lot of fear because i had just gained something that what i believed was a gift. Reporter he says carolyn joined in when he was 15. After 10 years, denis says he attempted to report the abuse. He says he called 911. Denis says because he was older than 18, his report was brushed aside. Just bury it and
But appetites to own are another. New home buyers, first timers, new lows, enormous ramifications for the housing economy. Lets check in with sue at the new york stock exchange. Kind of a mixed day here. We had mixed Economic Data so perhaps mixed trading session should not be a surprise. Dow, s p 500 and dow utilities. Dow negative by about three points or so. Some of the big integrated oils are moving. Chevron and then home depot the biggest drag on the index. Nasdaq up for the 11th time in 1 sessions. The middle of october we all remember how brutal that was. It ended with a pretty big bang. Which are riding the market the best . The index funds or actively Management Funds . Dominic chu is back at hq. If you look at active versus passive discussion it is about whether or not it is better off to pick stocks and time markets as opposed to do what everybody wants to do which is stick with one fund that marks the s p 500 and go from there. According to the analysts at morning star tell
Imus in the morning. Diane there is serious money being made in stocks, that is good. A serious slowdown in the economy, that is bad. That is how we start today, the good and the bad. Good morning, everyone. The news we are just not growing. Our economy is contracting. The economy is shrinking. What a way to start the second term and the president will take the heat with four years into a socalled recovery and failing to uncover real prosperity. Now the good, good news on stocks. Most people have a piece of a stock market. Her money has been on a tear. With housing up as well, maybe Middle America will get a wealth effect. Varney co. About to begin. Money. Which would be fine if bob were a vampire. But hes not. Hes an architect with two kids and a mortgage. Luckily, he found someone who gave him a fresh perspective on hisortfolio. And with some planning and effort, hopefully bob can retire at a more appropriate age. Its not rocket science. Its just common sense. From td ameritde. Stuar