Facebook, amazon. A whole lot of the names moving this market higher giving back those gains. Joe pretty ugly all around. Off the lows but nowhere near the highs. Is,ess the consolation yesterday still up substantially on the week. Scarlet positive on the week. Down on the day, down on the year. In 2020. Ones down 9. 2 lets check in with our market reporters. Abigail im thinking about todays two top stories. Of course, the fed rate cut, the emergency rate cut, and the stock selloff. Investment traders thinking the fed has not done enough. There was another period of time when bond yields fell and stocks fell. That was in 2018. At that time, fed chair jay powell they were in a hiking mode and he indicated they would hike. They did. And became more dovish stocks fell off. Between that selloff and this selloff, even with the fed cutting rates, stocks going lower. Investors not liking the messaging, it seems. They should not be worried about message response although perhaps a looking for
43 in concord. 46 oakland and 48 for San Francisco. Daytime highs in the mid50s for the coast and for the bay. Upper 50s inland with those mid tohighlevel clouds for today. But the rain comes back, and i will show you this on futurecast as we look ahead to tonight. Taking you hour by hour in just a few minutes. Gianna . Good morning. One of our busiest spots on the freeways is along the eastshore freeway 80 as you work your way westbound. Coming away from highway 4 through hercules, we got a crash there over to the right shoulder. Unfortunately, one of those vehicles that was involved in the ask is its drivable. Traffic is backed up just a bit beyond highway 4. Once your past that, though, your clear all the way as you head in to emeryville. Your drive time, 90 minutes from highway 4 down to the macarthur maze. Once you get to the maize onto the bay bridge, metering lights are on. Youre going to see a back up there at the toll plaza. It looks like traffic is backing up onto the eastsho
Volcanic eruption. And well have the latest from the Climate Change conference thats wrapping up in madrid. Now its the biggest victory for the conservative party in decades in an election thats been called the u. K. s most important voters in a generation Boris Johnson has headed to Buckingham Palace where Queen Elizabeth will invite him to form the next government his conservative party is confirmed with 364. 00 of the 650. 00 seats in Parliament Johnson says this shows a clear mandate to get done labor leader Jeremy Corbyn plans to step down after his partys west to defeat in more than 80 is and the calls for a 2nd referendum on Scottish Independence are growing louder after the Scottish National party took most of the seats and scotland. Chalons has this report from london. Boris johnson returned to damning street triumphant the conservatives have redrawn britains political map with their biggest majority since 1987 earlier and spoke to cuchulainn supporters was good morning everyo
The shooting happened at 7 38 this morning in the quad area of the campus. The Sheriffs Department said a 16yearold male suspect also at sagas high school took a gun from his backpack then shot himself in the head. At this point we know he is listed in grave condition at the hospital. And my administration is working in close coordination with local Law Enforcement. Jennifer and i extend our thoughts to the parents, families and friends of to the students and faculty of the Santa Clarita high school. As you just mentioned the l. A. County Sheriffs Office just wrapped up their update on the investigation. They confirmed two teenagers have died of their injuries in Santa Clarita. Around 9 this morning. And then just into your newsroom in the last 10 minutes or so a 14yearold student succumbed to his injuries. One of their fellow students opened fire in the quad area of their campus along with a female student and male student who died, three other people were struck by the gunfire and in
Long time before it recovered september highs. How long . Try about 25 years. In other words, the highs we reached that year, at the peek of that bull market, september third, 1929, were not realized again until november 23rd 1954. You hear about catalysts and Hedge Fund Managers at time, were not called Hedge Fund Managers. Were worried about the giddiness building. It was too far, too fast a great comeuppance. Herbert hoover who was providing over roaring market. He came into office in 1928. Things were swimmingly two years later. He would not survive in the next election. Someone who was considered laughable shot rising to the white house, you might remember the name. Franklin roosevelt, Big Government spending liberal, who many said who would have no chance taking 1600 pennsylvania avenue in the middle of a financial crisis. Reminders that unexpected developments can change outcome of elections. We saw that in 2018, john mccain, fellow named barack obama were deadeven until the met