Good morning. A warm welcome to Worldwide Exchange here on cnbc. Im wilfred frost. Good morning. Im seema mody in for sara eisen. Always good to be about your side. Lovely to have you with us. U. S. Futures, interesting picture now if youre waking up. A mixed open were calling for the dow up 24 points. Nasdaq up 5. After surpassing 6,000 for the first time ever. S p 500 basically flat on the day. Keep in mind markets did rally yesterday. The dow posting its second consecutive day up 200 points. Intraday the dow ticked above 21,000. So far a positive week for equities, today the trump tax plan will be in focus. Will there be a reduction from 35 to 15 . The other big question what does that mean for the federal deficit . Will it go up if the plan is not revenue neutral . Lets look at the tenyear treasury note. Yielding around 2. 325 . The other thing to take away from markets yesterday. 9 out of 11 sectors were positive led by materials. It was broad and the performance was better than e
The giants have 73. Lets hope for a nice sweep for the San Francisco giants to help my cause. You know who is celebrating right now . Kevin durant. This morning they had a party for him in maryland. It is kevin durant day. He is right there in the white shirt he has the nba championship trophy in his hand. That is his hometown honoring kevin durant. Speaking of the trophy, tomorrow here on the 9 the nba champion Golden State Warrior trophy will be here on this desk. I am happy to say i know what that feels like from a couple years ago. That will be such an exciting time. Pictures will be taken. Lets get to your news. An investigation under way on a deadly shooting in livermore. Officers shot and killed a suspect at a Mobile Home Park east of Livermore Municipal Airport near interstate 580. Leigh martinez is at the scene with an update. Reporter the corner has left the scene. We learned the house is on the other side of this brown building. If you look past the trees you can see the tip
Yesterdays rain. Heres live doppler 7. You can see the green covering the entire bay area. There is light rain falling all across the region but nothing heavy like yesterday and weve got lighter winds as well. However, there is a Flash Flood Warning in effect for this Little Corner in the southeastern Santa Cruz Mountains just south of gilroy along highway 101. A portion of the highway is covered by this until 5 30 this afternoon. Also parts of santa teresa boulevard and mesa road. The warning means flash flooding either has begun or is imminent but this warning expires in just an hour and a half. Lets hope for the best here. Heres our storm impact scale, whats left of this current storm. Well see light showers up to a quarter of an inch of rain is possible. Minor ponding is possible as well. For the next three days well, next two days well be dry tomorrow and friday but the next major storm arrives on saturday. It ranks two on the storm impact scale and we have an Even Stronger storm
About the big rainmaker taking aim at california. Rangers are gearing up for situations like floods that closed yosemite for weeks in 1997. They are no longer letting people in any of the entrances. People who are already in yosemite have until tomorrow at 5 p. M. To evacuated. We have Live Team Coverage on the approaching storm on the potential for flooding starting live in South Lake Tahoe with emily turner and the concern that much of the new snow at the lower elevations will melt. Reporter yeah. And the big question here is flooding. Not so much a question but concern. Because its a very strong likelihood thats going to happen. Im here at one of the Fire Departments and they have a sandbag station. There have been three deliveries of sand here. The first one was gone by 10 00. Clearly, a very popular stop. There have been many calls to the Fire Department, as well. I spoke to someone about to get sandbags. They are expecting more than a foot of rain with this storm so flooding is w
Po it live from the cbs bay area studios this is kpix5 news. Tonight this is the calm before a potentially dangerous storm. It could be the strongest one to hit the bay area in a decade. Good evening. Im elizabeth cook. Im allen martin. We have Team Coverage tonight. First kpix5 chief meteorologist paul deanno. Youre tracking the radar, paul. We are and the leading edge of the storm is now here. Its raining for the majority of the bay area, just the beginning. The heaviest rain will not get here for another 22 to 24 hours from now. It will rain the majority of the day tomorrow. North bay is getting the heaviest rainfall. South to san rafael and marin county moderate rain and all moderate rain falling over San Francisco, San Mateo County and oakland. The santa cruz are already the first of many waves of rain moving through this. How much rainfall over the weekend . By sunday night our computer is predicting anywhere from 3 to 5 inch of rain everywhere in the bay area 5 inches of rain ev