1. 855. We begin with facebook with the social media giant honing a Developers Conference this hour. The stock right now is currently down 1. 9 but it is nonetheless, still sitting around alltime highs. Julia borstein is live at the big event in san francisco. Julia. Thats right, mandy. Mark zuckerberg is about to take the stage. He will be addressing the 2,500 developers who are gathered here in san francisco, and there are two main topics that he is expected to make big news on. Messenger is facebooks standalone messeninging app, and he announced he will be turning it into a platform. That means that developers will be able to build other apps on top of the platform very similar to what weve seen with the line app, which is a popular messaging app in asia. That means people will be able to buy things, buy movie tickets, and do various things including read content, watch videos without actually leaving the messenger app. Big news there as well as an Ad Technology as facebook looks to
Capped a strong week within striking distance of alltime record closing high. Blue chip index up to 18,127. The nasdaq gained 34 points rising for 5 Straight Days to get third highest close ever at 5026. And s p 500 up nearly 19 to 2108. In a week of big triple digit swings dont fight the fed. Stocks got lot of help after the fed wednesday dropped the word patient from its Interest Rate prognosis but basically said it will be patient about raising them. The dow rose 2 for the week. The nasdaq outpacing the others with a 3 rise and the s p. So its steepest weekly advance. But focus squarely this week on nasdaq that closed above 5,000 for the second time this year and on a few occasions this week the index was up when the dow and the s p were down. So why the recent strength in the index . Bertha coombs has our repo. Reporter the nasdaq is now within reach of new alltime high. And this time around says j. P. Morgans kate moore, the tech heavy index is driven by profits more than hype. We
Capped a strong week within striking distance of alltime record closing high. Blue chip index up to 18,127. The nasdaq gained 34 points rising for 5 Straight Days to get third highest close ever at 5026. And s p 500 up nearly 19 to 2108. In a week of big triple digit swings dont fight the fed. Stocks got lot of help after the fed wednesday dropped the word patient from its Interest Rate prognosis but basically said it will be patient about raising them. The dow rose 2 for the week. The nasdaq outpacing the others with a 3 rise and the s p. So its steepest weekly advance. But focus squarely this week on nasdaq that closed above 5,000 for the second time this year and on a few occasions this week the index was up when the dow and the s p were down. So why the recent strength in the index . Bertha coombs has our repo. Reporter the nasdaq is now within reach of new alltime high. And this time around says j. P. Morgans kate moore, the tech heavy index is driven by profits more than hype. We
Victims lived kron 4 family turner is live at the mass for Esperanza Morales and 14 month old daughter reporter and as you can imagine is a very somber evening here both a gathering dust outside of the church the be heading over to of vigil is still hard for all of the family. Reporter little bit later tonight it will be hosting an allnight vigil in the tense the to see behind me to say their final farewells in full before they had often manic mexico Emily Turner Kron 4 news pam moore the man arrested in connection with a deadly crash of livermore is 35 your brian jones he was in Court Last Week but his arraignment was postponed until may 22nd the District Attorney has yet to file formal charges against them and jones is currently out on bail that our rates family members who confronted him outside the courthouse. Police say jones was driving while drunk when he lost control of his corvette and slammed into the mother and child at the mary at boulevard Apartment Building where the fami