Google ad demand although previrus quarterly was of. That march was difficult. Started. Ts get you we are seeing u. S. Futures coming online, flat, a bit of Downside Pressure. We have u. S. Stocks in the regular session wally. The Downside Pressure on big tech, really leading the declines. The nasdaq composite reversing two sessions of gains. U. S. Consumer confidence dropped in april to the lowest since 2014. There is a big week of earnings not to mention centralbank decisions ahead of the fomc meeting. We have the dollar falling because it has been weighed down. Rising wti rebounding, in the overnight session, above the 13 a barrel level. It felt in the new york session fell in the new york session. There were some swings in the u. S. Oil fund, saying it will sell out june positions. Haidi our next guest says the next turning seasons will not offer much to investors but they are bullish on u. S. Stocks. Jim macdonald joins us. Great to have you with us. You are more bullish in the u.
Weight steve, i can read your lips. Its one of those things. Okay, we have to make up a forecast. Okay. We will talk more about that. You know about what is happening in traffic right now. I do, as a matter of fact traffic is doing very well and weve had mostly fair conditions and traffic continues to look good and carpooling is not something you can do with social distancing so all the lanes are open and all the toll plazas dont have anyone taking money although you will be charged in the mail. That have been no major issues on bridges and highways so far. Already looking to be another rough day there for stocks after the three major indexes fell yesterday between one and 2 1 2 the dow dropping nearly 600 points and the s p 500 and the nasdaq dropping 89. Right now it looks like another 500 point drop are so for the dow. The big drop was partially part of the bottom of the crude oil prices, oil prices have we can because of oversupply and a collapse in Global Demand due to the decline
Are beginning to see the impact of the cuts. Depending on where you are in a lot of the focus on your markets, a lot of the focus is on your data. You have a lot of earnings and banks saying coming up with a little bit of a forecast. And then we have quite a lot of corporate macro views, we are expecting a number of big Central Banks to come out with statements. Life to 11ing its a barrel. Rapidly moving storage capacity. That story today with a lot of corporate earnings overall looking at not only the oil story extending but if you look at the s p 500, the contract fluctuating. In europe we are holding firm. Lets get to new york city with first word news. Europe heard much of the continent looking to you loosen restrictions. Setting up their plans following germany, austria and the netherlands. Wary ofkers are spurring a second wave. Here in the u. S. , the white house issuing a new strategy to expand Virus Testing as well as revamped guidance for states announcing they would open hun
In a new language likeish, fren, italian and more. Babbels 10 to 15 minute lessons are available as an app or online. More information on, babbel. Com. Narrator fund,g was also pvided the freeman foundation. By judy anr blum kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this s station from viewers like you. Thank you. Announcer and now, bbc world news. This is outside source. Exit poll in the moment. E prnister Benjamin Netanyahu is fighting for political survivor. Neither he nor his rivalenny gantzere able to form a government after either of the last two elections. I am here at the likud Election Party in tel aviv, and they are awaiting the exit poll results to see if it will finally unlock the deadlock. Ros debts from the coronavirus have surpassed prehousand worl wide. There are rising infections, and the speed of infection is coming with this morning from the who. This is a unique virus with this virus is not influenza. We are in uncha
Crossing more than 2 dozen countries while World Health Officials work to stop the spread. Were providing advice to countries on how to do screenings, testing and treatment. Reporter all but two of the cases in the u. S. Are linked to travel to wuhan, china, the center of the outbreak. And there are a lot of questions about coronavirus including symptoms and the best way to protect yourself. You can find answers by going to abc7news. Com. Time is 4 31 f. Youre just joining us, good morning. A quick update of weather and traffic. From the same person. Thank you. A live look showing you san jose right now, 280 camera and we are really seeing a clear situation. Thats good because i know a little bit about traffic. Guerneville, 40. Petaluma 41 as well. Moving over to novato, 43. Alameda, 52. These are our current temperatures this morning. Moving over now to a live look at the san mateo bridge. No fog like yesterday. And our commute planner for driving Clear Conditions all good across the