This is bloomberg surveillance. These are what the markets are doing. U. S. Stocks and bonds closed today too today due to president s day. We are edging up a bit with buoyancy on the market on the backs of investors taking encouragement from china. They will do more to support their economy which is why we in gold down and yen down. That is a good litmus that we are on a risk on. Spoke the yousef managing director of the imf about the outlook on the Global Economy and the active the coronavirus. All hear from the interview early. First, let leanne erin. Leanne japan is it possible for sex after taking another battery the sales tax hike in the last and that economy at the low end as the coronavirus it activity drunk 6. 3 in the final three months of the year. That would be the biggest slide since the previous tax increase in 2014. Tensions between the u. S. And europe over huawei ramped up another notch this weekend. The u. S. Ambassador to germany tweeted a warning to countries that u
The people there have nowhere to go. Palestinians are calling for a day of action, leaving cities around the globe on heightened alert. Were live in washington with a look at how the u. S. And World Leaders are responding. A stanford instructor suspended, accused of targeting specific students based on their identity in relation to the war in the middle east. The unusual claim rocking campus and the new action being taken by the school. And brace for a full weekend closure coming to highway 101 on the peninsula. What you need to know to plan ahead. This is today in the bay. Good friday morning to you. 5 00 right now. Thanks for starting your day with us. Im laura garcia. Im Ginger Conejero saab. Marcus washington is off this in will get a peek into the morning commute in just a moment, but lets start with how things are looking on this friday morning. Our meteorologist, vianey arana is back for day two. Weve got weekend plans heading into saturday and sunday, an approaching cold front.
Last weeks strike. The new details just coming into our newsroom this morning. This is today in the bay. Good friday morning to you. 6 00 right now. Thanks for starting your day with us. Im laura garcia. Im Ginger Conejero saab. Marcus has the morning off. Welcome to this friday the 13th. Its a busy day on the roads. Before we check in with mike, well check in with meteorologist vianey arana. I do not claim the friday the 13th energy. No, thank you, i just got back, yall. Well talk about the weather, because it is going to cool off just enough for you to enjoy your weekend with just a little bit of cloud cover. Now, San Francisco, 58 degrees right now. Notice the wind speeds are calm. If you look at the icons, this is when the high clouds start to roll in, and actually in San Francisco, it is one of those spots that will likely see shower activity, especially tonight into early tomorrow morning. Temperaturewise, well max out in the upper 60s. San jose, notice the wind speeds are light.
Index was off triple digits. Bu compared to what weve been seeing lately it hardly. Register some say investors took a much neededhe breafter the recent bout of heavy volatility. Whatever the cause it was the third consecutive sessionf gains. The Dow Jones Industrial average closed higher by 39 points. The nasdaq added 31. And the s p 500 rose about seven. But as bob pisani reports, both the bulls and the bears are trying to figure out what might happen next. The dow moved in a 280point range from todays high tolo yet compared to the last two weeks its quiet. Amazing. Are things finally startg to settle down . Volume today was well below the recent average. The s 500 trade three times normal volume much olast week. What a titanic week it was. Now that the dow rorecouped ughly 40 of its losses from february 1st, the big debate is what happens next . The bulls would argue the correction was technical and there was no fundamental driver behind it they say earnings are growing and the Glob
Take you to a conversation on islamic extremism at the Washington Institute for near east policy. We will be there live at 12 30 p. M. Eastern right here on cspan2. Until then well show you epa administrator scott promotes testimony from yesterday on the president s 2010 budget request for his agency. This House Appropriations subcommittee hearing runs about two hours. The committee will come to order. Good morning. Today we continue to keep all those affected by yesterdays events including our colleague Steve Scalise in our thoughts and prayers. We applaud the Capitol Police for the continued efforts to be the first line of defense to serve and protect all members, Public Servants and visitors here to the hill. We have a few of them here today with us. Thank you for all the work that you do. We thank you. Turning our attention to the hearing we are joined by the 14th administrator of the Environmental Protection agency scott pruitt. We have of all our members congratulations on your c