Well tell you what it is and it could impact the space. New details emerging about that fatal tesla auto pilot crash. Well talk about what the driver was doing at the time of the crash and whether this is an issue for tesla or the selfdriving car industry as a whole. Plus, the new report says while instagrams users numbers are strong, the people sharing is declining. What it means for owner facebooks growth prospects. Well talk about that just ahead. Lets start with the s p trying to lock in as bill said the best week since 2014. A strong rally adespite rates lower across the globe. Sara eisen sat down with fed chair Stanley Fischer and asked him what could be done other than negative rates. I dont think its worth speculating on whether well be driven to any of that. I hope it goes the other way. I hope that we strengthen and that the economy strengthens and that we continue along the slow, very gradual, path we have been on and that the rest of the world is recovering in such a way th
Retail stocks hit hard today. You can see it trading down 19 there. A number of top executives telling us consumers are still spending. So whats behind these moves . Were going to take a deeper dive into whether the consumer is weak right now. A disconnect in all of that. Big earnings from tesla. 21st century fox. And square reporting after the bell tonight. We will tell what you to expect from those reports coming up. And more reports about turmoil between the Republican Party and nominee donald trump. We have outspoken libertarian Penn Jillette. Among other things. Look forward to penn coming up. There he is. He calls himself a professional juggler. But he is so much more than that. We will talk with him later. We start with the bullish call on gold. Precious medal falling today. But up 30 this year. Bill gross was on power lunch earlier today and he made his bullish case for the commodity. I like gold, too. I think ultimately if fiscal stimulus comes in and weve seen that in japan,
Family remains hopeful. We have hope and faith that shes going to come home. Shaes going to be safe. Were going to find her. Its heartbreaking not having her. Pinsons neighbors told abc 7 news that the suspect Fernando Castro would cruise their vallejo neighborhood asking women and teenage girls including pearl for sex. The family of kate steinle filed a federal lawsuit today blaming the government for her killing last summer in San Francisco. Abc 7 news anchor kristen sze here now with details on that lawsuit. Krist kristen . Kate steinles family says missteps by three agencies led to her death. The lawsuits is directed against the bureau of Land Management, immigration and customs and former San Francisco sheriff. The 32yearold San Francisco woman was walking with her father at pier 14 last july when she was shot to death. An undocumented immigrant and felon is charged with pulling the trigger. Juan sanchez had been previously forted five times. The gun he ufzed was stolen out of the
East bay, and a nice comfortable 67 in San Francisco. So still a wide range in temperatures that continues into the weekend, ill have a look at that fourth of july forecast coming up in a few minutes. Any surprises for the drive so far this morning, mike . No. Thats a tree right now. No surprises but kari, you showed some of the low clouds watch it along the golden gait and bay bridge. Well talk about that a second after we look at the sensors around the bay. No surprises. Little slowing shows up east across the dumbarton bridge, likely a road crew. We havent heard of any problems and same thing eastbound 24 around the warren freeway interchange. Lets look at the bay bridge we talked about. There are low clouds right at the top of the Treasure Island and the east shore freeway and the backup on the left for cash opened for the morning commute. We move to a developing story overseas. Istanbuls busy ataturk airport is back open this morning, just hours after terrorists sent explosions th
Stocks climbed for the First Time Since the uks surprise decision to leave and the gains were strong across the board. Even as traders tracked explosions like this afternoon at turkeys ataturk airport, where according to reports, two suicide bombers blew themselves up. Its likely to be on investors radar tomorrow as wem. Today by the close, the Dow Jones Industrial 9 points to 17,409. The nasdaq added 97 and s p 500 gained 35. Bob pisani has more on todays rally on w. The markets bounced back on a come by thags of oversold conditions, a bounce in oil and the end of the quarter. E was on. A good sign there was a buying interest after significa drops. While the s p 500 is down object 3 this quarter, broad swaths of the market have seen significant decline, including banks, restaurants, airline, retailers and many big cap tech stocks. Microsoft, apple and alphabet are all down double digits for the quarter. Thes groups today that led. We had accident gains for delta. And for Banks Like Ba