Causing slowdowns in the southbound direction. A backup on 238. So if you are heading to castro valley, be prepared for delays. Cruising speeds around 30 Miles Per Hour. The usual delays along northbound 101 heading through san jose, and over at the bay bridge toll plaza, things are definitely backing up for your friday morning commute. Good morning. 6 01 on this friday, july 14th. This is a typical summer morning around the bay and also around the coast, where we have layers of clouds and also some fog. A bit of a sea breeze. Inland areas, as well. The sun is coming up officially at 5 58. Isnt that gorgeous . This is the scene from sutro tower looking towards the east bay. Clouds pouring into the bay this morning, 51 to 59. We do have clear skies in livermore. Otherwise, pretty cloudy. All right, you see the highlighted areas, thats where we have a heat advisory in effect for this weekend as the temperatures again soar into the 100s. Meanwhile, we have the clouds gathering at the coas
Charlie gasparino and cm etrader, larry shover. Lets get started. Larry, you think janet yellen could be calming to the markets. I absolutely do. That is what were having a rally today before above and beyond everything else. Right now she understands, she is very disciplined in her approach. She cares about price stability. With that in mind she knows she has to switch from quantitative to qualitative. It will not be easy but the market expect the her to come up big tomorrow. Melissa what you do i this, charlie . Janet yellen is like the heroin dealer who gives extra heroin to the junkie which is the market right now. So if youre saying whether the markets going to be calm with this, i grew up with people that partook in heroin. Melissa really . Yes. And when they did a shot of that stuff they felt a lot better. Heres the problem. I dont know qualitative, quantitative easing, what we have right now is a taper on the quantitative easing that really doesnt amount to much and the problem
Stock Market Weighs In On Inflation Data; Vaccine Maker Leads S&P 500 investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.
Stocks fell broadly on Wall Street and Treasury yields rose Thursday after another hot reading on the job market raised worries that the Federal Reserve will need to keep inflicting pain on the economy to fight inflation.