Ed we will continue with earnings coverage as amazons results show a boost in its cloud. Caroline one year since elon musk took over the Company Formerly known as twitter, he plans to take on the likes of youtube, linkedin, and push in payments more. We will discuss that and more. Lets check in on what is a rally to finish up the week. We are seeing a rally across stocks and bonds. Which are usually at odds. Inflationary pressures building from a macro perspective. Consumers anticipated to see more inflation. Says the university of michigan numbers. And the all important pce number coming in strong. Check on top. Does it have to do with earnings . Nasdaq at 1. 2 , but down for the week. Two year yield pulling in a little bit more. More flat, but above the 5 level. Is there a risk aversion towards the weekend amid ongoing geopolitical concerns, particularly the middle east. Commercial off by a quarter of a percent despite the inflation gauge. Bitcoin has been on a tear. Up some 14 . Is
Be deployed to the middle east as tensions escalate between hamas and israel. President biden now set to travel to the region to meet with leaders about next steps. Oaklands mayor set to make her first state of the city speech today. The idea is some residents have already come up with to improve the city. And not all halloween candy is created equal. The one treat that is healthier than others. Raisins. I like raisins. Apples believe raisins. There was that one house that gave you those raisins. Theyre natures candy. They are okay. Good morning. On this tuesday , october 17th. Im going to start with a check of our forecast. Drew. Yeah, good morning. So the fog out there is thicker than normal this morning. We do have a dense fog advisory in effect for the valleys of the north bay. Its a big area. It does include healdsburg, petaluma, yountville, even the coastline, bodega bay included in this for visibility. Were down to zero miles in spots. Thats as bad as it gets out there. And its
Place at a bay area ballpark later this month. Good morning. Its tuesday, october 17th. Yes, starting with a check of traffic with gloria. Yeah well, you know what . Lets get a look outside right now because were going to get a check of that sigalert that weve been following for the past few days. So this is a live look at your richmond, san rafael bridge. And of course, there was that deadly crash there last week. So those right. Three lanes are still closed this morning. That could create some slowdowns a little later on. Right now, though, no slowdowns because it is early, but those lanes are expected to reopen on thursday. And lets get a live look outside. Also on the bay bridge toll plaza, you can see it is very, very foggy out there. This morning. The metering lights are still not on right now. So it is moving pretty smoothly out there this morning. Itll take you about 13 minutes to get from the toll plaza to San Francisco. And now lets get a check of weather with drew. Hey, good
Party. And bitcoin. Well show you charts that will cheer those betting on a cryptocurrency crash. Betty it was quite chilly here today with that bomb cyclones blanketing the northeast. The natural Gas Producers quite warm and happy. A quick chart to show you where we are. Prices skyrocketing. Polar blast we have had today, and aiding in a winter storm. In a wintering storm. Youve really see the stress on the market. Some market paring back to the polar vortex back in 2014. How are you getting home tonight. Betty we will have to figure that out after the program. This winter blast did not keep investors away from equities. S p hitting records again. The dow adding on 150 point and nasdaq also higher as well. Tech stocks continue to rise. Onel stock down based growing concern over the security flaws in their chips. That is one we continue to watch. Yvonne stocks here on because of their best week in 6 months. New zealand kicking off flat and the kiwi at 71. 53. Australia just came under
Of corruption or wanting to prove thatitis of corruption or wanting to prove that it is right to leave the country. What is really happening is zuma and they are losing elections. They lost the economic cattle capital and the political capital. They are now realising they probably need to change to maintain their hold on power. The political tide has turned against them. Now, Cyril Ramaphosa is expected to be named the president tomorrow or friday. He has a lot of work on his hands. He isa has a lot of work on his hands. He is a successful businessman. He has promised reform the economy and is needed. There is lots of pretty significant structural challenges they are going to have to deal with. The anc now have been in control for such a long time, the internal politics of that pa rt time, the internal politics of that part is essentially the intel politics of the country and there is no sign yet that ramblers will be able to do anything radically different to zuma. It is just too comp