Kaj. Plan on a cool, windy day clouds will be around for much of the morning with clearing sky this afternoon. Highs will generally be in the upper 50s to lower 60s. The weekend continues to the 60s both days. No frost is expected this weekend, though temperatures at night will cool down to the lower 40s. Next week, the main theme is for warmer than normal conditions to continue. Moisture is very limited with the next front that arrives on monday night. Have a great weekend toda y gradual clearing. Cooler and windy. Wind nw 1525. High 60 tonight mostly clear. Wind nw 510. Low 41 tomorrow mostly sunny. Wind sw 510. High 65 tom. Night partly cloudy. Wind sw 510. Low 45 thanks kaj. Hurricane matthew has already prompted officials to urge evacuations for more than 2 Million People in the south eastern us. As reid binion reports, the first state to feel matthews impact this morning is florida. Florida were already starting to see the impacts. And its a monster. Hurricane matthew driving not
Down by now when hundred 12 points. We continue to fall. Again, it all comes back to earnings. That is what people are paying attention to and what stocks are moving on today. Qualcomm beating estimates. More progress in its chinese business. Raising sales and profit forecast for the full year and bio gender placing its ceo. Flipside, intel shares falling after that Company Continues to struggle with waning pc demand. Earnings per share missing estimates for the first time in five years. It is now facing the challenge. F how to raise fares and union pacific, less demand for moving stuff around the country. That companys earnings suffering. And industrials are the worst performing groups today. That includes things like union pacific. M a has been a big theme also. On the been a busy day corporate front. An acquisition from a japanese company, the secondlargest in secondlargest. That is 1. 5 3 billion, 30 two dollars a share. Those shares surging on a large premium. Butpandora has turne
Spp a s p. Are the brexit fears behind us, we ask . Lavin th lebenthal what do you say . Be frank. As summer goes on more headlines, more scares of other countries leaving the european union. The uncertainty the market hates. Taking down a Major Institution like the eu. Were in the clear for now, but i do think this is going to be a choppy summer. Having said that, range bound between 1900 and 2100 for the foreseeable future on the s p 500. Easy to be enthralled by the green arrows. Bond market, tenyear treasury yield pinned to 1. 46 . Not seeing commensurate move in the safe havens of bonds and stocks . Markets gone nowhere 18 months. Look where we are now and the fact theres the fact that got us there versus before june 23rd. You have to come to the conclusion the Global Economy is worse off. That the circumstances are worse off, and that monetary stimulus, which had gotten us to where we are, which is flat, is ineffective in terms of how much more it can contribute, and if they go m
If this is the hottest ticket in sports today. I have good news, and i have bad news. First, the good news when you get a ticket and come here and sit in your seat you get a free warriors tshirt that says not on our ground, meaning the warriors will win at home they have only lost two times this season so far. The bad news, if you dont have tickets, the cheapest stick coat is 316 ticket is b, it could be worth it. And Draymond Green is generous, and speaking of tickets, he decided he was bing to chip in his own money to bring three local High School Students to the game tonight. They include Joseph Martin who immigrated from liberia and dillon lewis, a 3. 73 grade point average at high school in west oakland. They will get two tickets to the game. They earned it. When you do right, good things happen. The kids will get to witness history. So many record could fall tonight. Obviously the 73rd win. The warriors will be the first team in history to go an entire season without losing to a