But as you make your way out the door if San Francisco, temperatures in the 40s. A jacket needed for the start of the day, but not so much this afternoon. And making it into the upper 60s in the 70. More on this in a few minutes, and mike, how is the commute looking . Light, as it has all week. Its 5 01, and no backup, not even in the cash lanes. One crash near spencer, and we will get chp over there and let you know how much traffic flow is there. And a smooth drive coming down through san jose. First today in the bay we explain the governors new plans to ban events with more than 250 people. Reporter yeah, making the recommendation for folks to cancel any large events at least through the month of march, and this is after San Francisco makes that decision, and that affects events at the chase center and that will trickle down to warriors game. We will get to that in a moment. Governor newsom is joining the officials from the department of Public Health calling to cancel large gatheri
Coming out of santa rosa or novato. 101. Highway 1, just a heads up to you. Take your time out there. We want everyone to be safe out there on the roads. Showing you 280 here. Very light traffic in the south bay right now. Havent seen any problems down there. Bit busier in the east bay looking at walnut creek beginning to see the tail lights as people make their way south this morning and drive time as we go here. Albany to the maze. Eightminute ride and highway 101 to cupertino a tenminute ride. Reggie and kumasi. Developing news on the coronavirus emergency the World Health Organization is calling the situation a global pandemic. John Hopkins University has been tracking the number of cases and as of this morning there are 1,300 cases in the United States. A statewide recommendation to limit large gatherings to fewer than 250 people. The Trump Administration is also taking action banning travel from europe to the u. S. We begin with more reporter jul glover is live at mineta san jose
Right now at 6 00, we have a dropping 7 . It could come back at about mostly clear start. Lets get a look outside in 6 50 this morning. Very concerning, though. Walnut creek as we look at the we want to check in with cnbcs temperature trend. Frank collins this morning. A jacket needed for the start of not the first time we have seen the day, we start in the 40s, it this week, frank. And then we will end in the 70s. Yeah, may not be the only time we see it today. Theres a backup at the bay opened about ten minutes ago, bridge. The metering lights turned on and all of them fell 6 , and just after 5 45. Its the fast track lanes that then the trading being paused for 15 minutes to try and reduce have the most traffic volume. Volatility. The dow fell about 1,700, and we are looking at a smooth flow of traffic on the approach. That follows yesterday, and the the rest of the bay, no real blue chip yesterday saw the problems as far as speeds. Largest drop in history, more back to you. Than 1,4
2,255 points. Right now we are down 2,003 points. At 1 00 p. M. , money started fluttering down, the Federal Reserve making a move to support the bond market amid the coronavirus collapse. The s p 500, by the way, had been down 240 points and of course, we had 689 points getting slashed off the nasdaq. Right now the s p is down 219 and as we look at the nasdaq its down 619. Despite the feds move, the s p and nasdaq joined the Dow Jones Industrials in a bear market. This as the 11year bull market is officially about to come to an end. The selloff kicked in pretty much right at the open and five minutes in, triggered once again for the second time this week the Circuit Breakers that halted trading for 15 minutes. Lets show you some metrics here. The oil patch. Take a look at this. It is playing a huge role in this selloff once again. Oil is crashing, folks. We do have it down to 31. 32. Thats a loss of 5 today. Much of this comes after President Trump announced a travel ban on flights fr
Four san jose firefighters have tested presumptive positive for covid19 putting an entire station under kwoequarantine. The president says travel restrictions to california or washington are possible if the infection rate gets out of control. Disneyland is closing its gates on saturday, the First Time Since the september 11th attacks. Were just learning that Universal Studios is also shutting down and more sporting events are suspended, postponed, cancelled. This includes the ncaa tournaments and Major League Baseball has pushed opening day back at least two weeks. Locally the exploratorium and California Academy of sciences are closing their doors. Many industries are being hugely impacted. Locally hotels and restaurants are suffering. Melanie woodrow is live at union square with that part of the story. Reporter larry and dion, foot traffic is noticeably lighter here today at union square. With so many of those conventions that have been cancelled, Hotel Occupancy is down and all of t