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Transcripts For CNBC Closing 20240703

Investors a bit unnerved in the last our or so. The index supported by netflix and teslas post earnings drop is weighing heavily on the s p 500. Talk of the tape, should investors take heart in powells waitandsee approach and the encouraging earnings outlook, or is there a flashing light for risk . Lets ask chief Investment Officer at i capital. Plenty going on. As we just kind of ran through, the bond market is still fixated on, perhaps, the supply of treasurys at the long end, perhaps the lack of buyers that have shown up so far and its gotten people skittish. Is that really whats driving things right here . Can we get some clearance from the bond market to refocus on earnings any time soon . Unfortunately, not yet, or at least not today. And if you think about whats driving these yields, its at least three or four different factors. First of all, youve got growth that remains resilient and that pushes up the long end of the curve. Youve got inflation, oil thats a little more resilie

Transcripts For KRON KRON 20240703

5. 30, in the area of south king road and way. Police have been asking people to avoid the area as there were a lot of cars and people that already been out there for the celebrations, were still working to get some more information as police are investigating tonight. Well, as for those celebrations are happening all over the bay area today and in san jose every year thousands of people own san jose to celebrate kron fours jacmel. But joining us live from downtown san jose with more. Hey yet. And thats right. Things are pretty wild throughout the day out, probably count at least aliyah 1000 people here throughout the day cesar chavez things went by pretty smoothly throughout most of the day. But that doesnt mean things ended going off and hits there with as a police saying that they had to detour a section of santa clara street, put that claim to be some sideshows later in the a long before San Jose Police did to at this section of santa clara street claiming sideshows took over the a

Transcripts For KRON KRON 20240703

Good morning and thank you for joining us here on kron. 4 morning news. Im Tiffany Justice in for Stefanie Lynn this morning. It is sunday. May 5th. Lets get things started with a look at the weather with dave spahr. Good morning, dave. How are things looking today . Well, tiffany, good morning and good morning, everybody. Looking pretty sweet today. What a difference a day makes. Time chilly, though. But lots of sunshine from beginning to end. So enjoy all of going to have the lunch on the patio and so for them, if they could drag out the heaters for a little bit. But definitely where the sweater. Youll need that. Its a cool start. Well get to that in a bit. Right now. The satellite picture, theres the low thats in our backyard. Still its impact. Of course, in the back side, we dont get much from any of that. But still has a bit of moisture with it now, i dont hate it too much because will need these things in the summer to break the back of the heat spells that we get. There are the

Transcripts For KRON KRON 20240703

Theyre walking back and forth looking for evidence, looking to talk to witnesses. Many of those witnesses, of course, were inside the hotel at the time. Let me show you video when this all went down 10, 30 last night when they got a call of a disturbance at the extended stay, america. Thats when they arrived. But those officers had no idea that somebody was going to open fire on them. We understand that this all unfolded on the 3rd floor. They came there according to investigators. The suspect fired shots at the officers. The officers fired shots back. Ultimately 3 people were 2 officers as well as the suspect. Now i got a chance to talk to a woman who was inside at the time. She actually thought she heard fireworks and thought it was a dream. It wasnt. And then all of a sudden about 2 later and bam. And im like, okay, i thought it was my friend or my daughters friend. Go to the door to yell at them. It was a cop. Like whats going on their video. Yeah, to reject like everybodys going o

Transcripts For KRON KRON 20240703

Story today is the 2 officers have been shot during an exchange of gunfire with the suspect in san jose. This happened in the santa teresa neighborhood kron 4 Charles Clifford joins us now live from there in san jose with what happened. Thanks for joining us. Good afternoon. Right now, im standing along san ignacio avenue here in south san jose. If you take a look across the street there you see the investigation into this shooting is still ongoing. 2 officers were taken to the hospital suspect also hospitalized. The neighbors here were left shaken. According to the San Jose Police Department Officers were called here to the 6100 block of san ignacio avenue on reports of a disturbance around 10, 30 thursday evening. When they arrived on scene, they found an adult male suspect who fired shots at them, injuring 2 officers. Police returned fire and wounded the suspect who was then taken into custody. And then all of a sudden about 2 later. And eric, another lives nearby and heard what she

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