Definitely a flight to safety today and for the entire week when it comes to stocks in general. Lets take a look at this tenyear note, the yield on that, because it continues to move lower as investors are buying bonds, the yield moves lower. We havent seen the inverted yield curve with the three month this low since september. The concern from investors here, what theyll read into it, is that the Coronavirus Impact could potentially, potentially cause a recession, and so were getting that talk circulating back on the floor again. Meantime, were seeing a big move in gold today too, another 25, supporting the idea that people are worried about the virus, the notion that the chinese may not be telling us the whole entire story and that its moving outside of china quicker than we thought. The final point ill make about this is, yes, apple said it was going to have a big impact on its first quarter, but coke saying its going to take a penny or two off the ets, but were going to hold on to
H. That was a porsche that slammed into that tree. Theres a debris field that crossed both lanes of traffic. This happened near 9th street and avenue h. San Francisco Police were called just before midnight. They say the driver of a White Porsche first struck a parked car, then sped away. Slammed into a tree at a very high rate of speed. Video shows the car in pieces. The driver was ejected and pronounced dead at the scene early reports not confirmed that information at this time. No names have been released. Reporting live in Treasure Island ktvu fox 2 news thank you. Time now 601 where both the United States and eye rang seemed to be pulling back. The president announced new sanctions on iran but no military action. Iranian attacks that targeted american troops in iran. Those air strikes included its response to the general qassem soleimani. The u. S. And iran are trying to avoid escalation. And happening today the house of representatives will vote on a resolution that would. Yester
Adjust the time. We will start with 80 westbound heading out for the maze. Backed up from hercules all the way to richmond. The richmond lid bridge, so traffic. San mateo bridge, it is slow all the way across because of earlier issues. North found that 87 come that crash is taking a long time to clear. If youre driving up to downtown, we will have another update in just a few minutes. It is 7 01 am. Lets go back to the desk. This morning, San Francisco police are investigating a hit andrun crash on Treasure Island. We are live on Treasure Island to bring you the latest. Reporter police are still on scene as a car crashed into the tree right behind me on detroit avenue. There is still some large pieces of debris that need to be removed. This afternoon i street and avenue eight just before midnight. Police were called to the scene and they say the driver of a white ford first struck a park are about a block away and sped away. The driver continued eastbound on 93 and slammed into a tree
Organisation to resign. The United States imposes sanctions on turkey over the military offensive in Northern Syria as the uk calls on president erdogan to withdraw forces as soon as possible. And the duke and duchess of cambridge meet pakistans Prime Minister during their visit to the country. And coming up on bbc news, andy murray says he will leave the european open in belgium, if his wife kim goes into labour. She is due to give birth this month. Good afternoon. The European Unions chief brexit negotiator says a deal is possible and must be agreed tonight. He said a deal is still possible if the legal text is agreed this evening. Downing street says borisjohnson is aware of the time constraints and wa nts to aware of the time constraints and wants to make progress as soon as possible. Morning. What felt like all of europe was waiting to hear if talks were making progress. Even if an agreement will be difficult, more and more difficult, to be frank, it is still possible this week. L
And back in your bonuses, mps called support. On former thomas cook boss is to do the right thing after the travel firm collapsed with debts of £1. 7 all going smooth, lets get the sport with will perry. Lets talk billion. And coming up, all of the sport with about the fallout from those a will perry. Coming up, we will have all of the disgraceful scenes last night in fallout from last nights events in sofia. The uefa president has been sofia, bulgaria in that game against bulgaria and england. Also the speaking after the abuse of england latest from the england and wales for all players in bulgaria which caps for the Rugby World Cup in japan. See you later. Included nazi salutes. They said thanks, and darren is looking at the weather for us. They need to wage war on these we have much needed dry weather racists and uefa claims it is doing today. The sunshine is even out, as well. More rain in the forecast, we everything it can to eradicate what will look at that later as well as it c