We will warm up as we look to the weekend. Details on that are coming up. Gianna is tracking a crash on the bay bridge. I am. Thankfully it is a minor fender bender. A couple cars got tangled up. It looks like it is being pushed off the bridge. It is not causing a lot of delays though it is early and it is friday. We see less cars on the roadways on friday. It should be a good pace even with that trouble spot. Traffic is quiet as you head towards the pay gates. Chp is working on a crash, cesar chavez on ramp, we have a motorcycle accident that has that shut down until further notice. Main lines of 101 though are not affected. I am anne makovec. We are keeping an eye on an investigation about to commence in the south bay into this fire in san jose yesterday. Search teams are going to be going into an under ground utility facility where this erupted yesterday to try to find out how this fire started and assess the extent of the damage, flames shooting from the median at the height of the
Markets moved to the downside, Morgan Stanley at the Economic Team out with a note in the last few hours, talking about some of the risks. Markets as youhe start to see this payrolls turned back negative. What that means for the Downside Risk for the market at valuations that are by some measures full at this point. Romaine lets bring jim polson back. Upay, you see the nasdaq 100 0. 8 . Snp down half a percent. Down 2 on the day. Smaller, midcap cyclical names, that has kind of disappeared. That some of these names could come back anytime soon . Jim i think that whenever we have jitters about the virus reemerging, that creating a slowdown in economic reopenings , we will get the kind of today we got today where the market itself, great leadership by what is perceived as defensive investments, which is the new communications, consumer discretionary, that has growth outside of reliance solely on the economy. But i think we are in a new economic recovery and new bull market. Ultimately, i
And bank ofs, citi, america all reporting today after j. P. Morgan and wells fargo yesterday. The pboc cuts mediumterm borrowing costs again amid expectations of further easing, after the imf warns this years downturn could match that of the Great Depression. We are just under an hour away from the start of cash equity trading across europe. Lets take a look at how futures are trading. We had gains in the cash trade yesterday in europe, with the exception of the ftse, and big gains in the u. S. To close the session last night. Mixed trade in asia as the earnings season began to kind of way on some investors sentiment. As a result, we see european futures down this morning. Nasdaq, u. S. Futures down as well, about two thirds of 1 . Lets get you the bloomberg first word news from the terminal. President trump says he is suspending u. S. Funding for the World Health Organization while his administration reviews its response to the coronavirus. He says the who was slow to share informatio
And business backlash sending you to court. I thought he was too pushy. How to keep from getting burned the next time you post a review online. The live desk tonight with a developing story. Former president george h. W. Bush is in the hospital right now after he broke a bone in his neck. Bush was at his summer home in maine today when he fell, breaking a vertebrae in his neck. His spokesman just tweeted out that it was not life threatening, and the former president is in stable condition. When he is able to leave the hospital, mr. Bush will have to wear a neck brace. He turned 91 last month. And just last week he appeared at several Campaign Events for his son jeb. He is being treated by doctors right now and a Spokesman Says he doesnt expect this to be a long stay. At the live desk, im chris lawrence. Thank you, chris. Its one of many fast growing neighborhoods in the district. But since the july weekend, gnomenoma has been in the spotlight because of crime. Three murders including t
That may never happen. Why he says Richie Sambora left the band. And Tiffani Thiessens date. Sharing stories they might want to keep to themselves. Do you remember we have seven glasses of wine. How old were you . 16. Now this is entertainment tonight. Happy holidays, everyone. We have a very special gift for you this weekend. Were unwrapping e. T. s best reunions of the year. Some of your favorite stars from television and music have gotten back to together in 2016. Lets start with the tv movie who now has a much fuller house. You dont have to be a full house fan to know that the Tanner Family lived among that famous row of houses in san francisco. This house is so iconic, and its the first time weve all been here together. Jeff franklin, the man behind full and fuller house brougou the bay area home in august for a whopping 4 million. The previous owners had made it unrecognizable with a paint job. Now its back to how we always knew it. I thought it would be fun to bring back the ori