About the Federal Reserves policy on low Interest Rates. What about unrest in iraq . Investors are slugging that off. The nasdaq closed at a 14year high. Here are the numbers. The dow added 25 points and closing in on this psychologically important 17,000 level. The nasdaq was up nearly nine while the a and p scratched out a threepoint gain. For the week, all three indexes rose at least one percent. The s p the leader up 1. 4 and with summer about to begin, Morgan Brenham tells us some stocks sizzle more than others when the weather heats up. Reporter sell in may and go away, a wall street saying penalty to avoid equities but there is a number of stocks that actually do better in the summer, posting on average double digit gains from labor day to memorial day and have been doing so. Apple traded higher each of the last five summers, garnering a 15 return. Investors tend to pile in ahead of the stock before september when apple makes product announcements. This is likely to be a summer
What about unrest in iraq . Investors are slugging that off. The nasdaq closed at a 14year high. Here are the numbers. The dow added 25 points and closing in on this psychologically important 17,000 level. The nasdaq was up nearly nine while the a and p scratched out a threepoint gain. For the week, all three indexes rose at least one percent. The s p the leader up 1. 4 and with summer about to begin, Morgan Brenham tells us some stocks sizzle more than others when the weather heats up. Reporter sell in may and go away, a wall street saying penalty to avoid equities but there is a number of stocks that actually do better in the summer, posting on average double digit gains from labor day to memorial day and have been doing so. Apple traded higher each of the last five summers, garnering a 15 return. Investors tend to pile in ahead of the stock before september when apple makes product announcements. This is likely to be a summer thats an apple kind of summer in that they have a new cel
Inshestors shrugging off a drop in First Quarter sales. They were hit by adverse currency effects. And the italian Prime Minister shakes up the corporate sector proposing ucos and investors take a dim view. Shares trading lower. Welcome to todays program. Well take a look at where we stand with equities. Just over an hour into trading. Pretty even stephen advancers versus decliners. Of course, yesterday it was up 22 points. Very strong retail sales out of the u. S. That pumped the u. S. Markets up. The s p was up eight. Played a little into todays session. Right now the ftse is down some seven points. Ukraine, just weighing a little bit here. Dax is off a third. Number of individual stocks that were looking at this morning, well kick off with those. There is a lot going on with this particular stock and shares suspended. They were down 10 at one point. Reports that the tuscan lender was planning to increase the hike. Trading down nearly 10 before they suspended. The bank now confirmed
Tonight. A red flag warn wept no affect as crew reis main on the scene of this brushfire in burlingame that caused cal train delays. Very strong winds, but they were able to knockdown the flames quickly. Im dan ashley. And im carolyn johnson. Lets get to sandhya patel who is following this on live doppler 7hd. Lets check out live doppler 7hd. It is tracking a shower that brought a hundredth of an inch in vacaville. It is not a big deal. Here is what is the big deal. Red flag warning at 11 00 p. M. And it just started and going until friday at 3 00 p. M. For the higher hilltops, gusts 35,45 miles an hour and the humidity is expected to drop below 30 . Here are the current winds. Lower elevations are not too terribly windy, but check out the higher elevations. Hilltop winds right now 39 mount de diablo and when the northerly wind kicks in it dries out the atmosphere. We had the rain on saturday, but we add few days to dry out. You combine that with a dry winter and that means fuel moistu
After 8 00 this evening and then they could hear the loud hissing sound. Cal train tells us a construction crew working on a project to elevate the rails is responsible for breaching the gas line. Cal train along with car traffic through here have been the most affected. Some of the late running trains had to be off loaded of passengers and they off loaded at nearby stations. They are now using buses to shuttle the passengers between stations. Bart also tells us they are honoring cal train take cets for some of the tickets for some of the passengers. The good news is there were no evacuations and pg e tells us they do expect to have the gas line capped within the last few minutes. The hissing has gone down significantly in just the last few minutes. Reporting live in san bruno, abc7 news. Thank you, sergio. Alden smith is taking leave from the team. This after his duh i on friday. Lilian kim has more. It means smith will miss the game in st. Louis and it is unclear how long he will be