At the coast and San Francisco. We will deal with the rain through the commute. Leyla gulen will tell you about it. Good morning, everyone, good news, no crashes. The poll plaza is clear with headlights glistening off the pavement in the process of dry out. That is good news. However, we are still looking at some areas with slick conditions. The oil is picked up can that cretes not ponding but slick conditions. Looking to the eastern span of bay bridge traffic is slowly burning but moving along with no problems. We have a buildup of traffic over the Altamont Pass and in the eastbound direction we have construction until 6 00. We have protecting news from concord where slick roads may have tripped to a car crash at a dealership 50 of 680. Several vehicles have been damageed. What do you see there on the scene . You can see the damage closeup of the driver hit a couple of parked cars. This used infinity suffered the worst damage with the back mashed in, the bumpers on the background and
Retain its 15 seats plus win 6 seats. According to conventional and Mclaughlin Group wisdom and polling, the gop will safely win three of these seats from the democrats. The states of montana, south dakota and west virginia. That means a plusthree pickup for the gop, with three more seats needed to win the senate. The 10 remaining races are cliffhangers, meaning it is anyones game. Seven are democratic, three are republican. Lets begin with alaska. Incumbent democrat mark beggage versus dan sullivan. Who will win in alaska . Pat buchanan . Obama is to heavy a load for beggidge to carry. Sullivan will take it going away. I think beggidge can pull it out. Hes a we willknown name in alaska. By alaska standarders sullivan is a carpetbagger. Im betting beggidge will lose. Sullivan has had a number of bad turns in his campaign sullivan has crept up on him. Mark . I think beggidge wins as well. I just dont see how it can be pulled out i mean, mi by his opponent in any other way. Just isnt the
Territory record territory. The nasdaq worth keeping an eye on inching closer to 5,000. Its been the outperformer. We may be talking nasdaq 5,000 by next week sometime. Lets get to the Closing Bell Exchange exchange. Kim forrest is here, so is Peter Andersen from Congress Wealth management. Kevin carrone, ben willis from princeton securities joining us on the floor and Rick Santelli is in chicago. Lets start with Michelle Carusocabrera. Is she there . Im here yeah. So we have an agreement of sorts. Its just an extension, but do you sense were making some Real Progress this time around . Well the headline is that the greeks have caved on nearly everything it appears. They were never going to be subject to more reviews by the eu, the im f, and the ecb. Now theyre going to be subject to reviews by the eu the imf, and the ecb. They were never going to agree to commit to the current program. They have agreed to commit to an extension what happened to all the saber rattling when the new regi
Scene and lanes are closed right now. Sues pest taken to the hospital. No officers injured. Crew on the way. Update as they come in and on twitter at 7 news bay area and on 7 news at 11 00 over on channel 7. Hope you tune in then. Good evening. The battle over the warrior fancy waterfront arena heating up again and seems certain tonight it will not open when the team owner had hoped. New arena would sit just south of the bay bridge on the waterfront. Those fighting the project though are pushing petition to make it even tougher to move that project forward. Vick lee has the story. We think that the Port Commission and city needs to pay more attention to the existing laws. They turned in box loads of signatures to the registrar office. Measure author gather 21,000 signature in just 3 wee weeks. They say it was Record Number in record time. This is really a voter revolt against over development of waterfront. Plans to rewrite the city rules. Build highrises and blow off the existing heig
Off, commodities surging today, copper and coffee and oil. If you look at the material sector that is leaving the market today but for the month of december. Another stock down 8 is twitter. The social messaging site getting cut to underperform from mutual, but maintaining the price target at 46, the second downgrade for twitter since last week, sun trust cut its rating to neutral last week. That is what we are hearing but it is of meteoric rise for the stock until today. Cheryl thank you, cu in 15 minutes. Adam our next guest underestimated the power of the markets, as big expectations for stocks in 2014, chief market strategist, welcome and thank you for joining us on markets now. Why i use all optimistic going into 2014. Get ready for corrections. I am optimistic for the first half of the year and for the second half we will get a correction as the market begins to sniff out the first interestrate hike by the Federal Reserve but they said they are going to leave the overnight rate u