You say goodbye and i say hello. Hello, hello. I dont know why you say goodbye. I say hello. Hello, hello. Lauren welling hello and good morning. Welcome to fbn a. M. Im lauren simonetti. Cheryl saying hello, everybody. It is a thursday. Weve got a lot going on today. Good morning, im cheryl casone. Its a big day and yesterday a giant day tore the markets as we mentioned. Lauren records for the dowd s p 500. All three major averages giving up exactly 0. 15 each. Cheryl lets take a look at whats happening in asia. A lot of news coming out. We had comments overnight from the Chinese Commerce ministry that phase one trade talks depend on the tariffs being canceled p of. In shanghai, we had a slight gang and the kospi coming in with a gang. Lauren germany avoids recession according to the latest gdp numbers. Red arrows across the screen. Cheryl we start with a historic day on capitol hill, a first public hearing in the house impeachment inquiry got underway with a brand yo brandw claims. L
Im annemarie green. We begin with extraordinary testimony in the impeachment inquiry. The first public hearings detail President Trumps alleged effort to pressure ukraine to investigate joe biden. Yesterday two career diplomats, bill taylor and george kent, testified on capitol hill. Taylor said a member of his staff overheard a july phone call between President Trump and u. S. Ambassador to the eu, gordon sondland. After the call sondland told the staffer the president cared more about the investigations of the bidens than ukraine. President trump denies any knowledge of the call and said the impeachment hearings were a sham. Natalie brand is on capitol hill. Natalie, what else did we learn from yesterdays hearing . Reporter good morning. House democrats say that new revelation adds to the evidence that instructions were coming from the top, and weve also learned that staffer taylor mentioned yesterday is expected to testify behind closed doors on friday. The top u. S. Diplomat in ukr
Continues today. As you get ready to head out the door, in antioch well be at 44 degrees and will stay there for a couple of hours and then well see our temperatures warm up at noon. Were at 71 and heading into the upper 70s today. Well be slightly above normal but well talk about if theres any break or change in this forecast coming up in a few minutes. Mike, youre still tracking a car fire in livermore. I am but more concerning is the slowing into San Francisco. Well talk about that as well. In the trivalley as you saw almost everywhere in green we have slowing for 84 westbound past ruby hill golf course. Theres a car fire. Well get more info on that in just a bit. Westbound 80 slows towards fremont. The off ramp there was a disabled vehicle reportedly cleared but i still see the slowing. Well track that closely. 5 01 right now. Breaking news, another tech giant promising billions of dollars in money overnight to help you or someone you know find Affordable Housing across the state.
Phil flynn has his eye on oil and gold at cme. Hillary vaughn is live in dallas today at a google roundtable event. Gerri to you first on the rollercoaster session. Reporter wow, wow. You said it at one point during the day we dropped 336 point on the dow the within that hour we turned green. Maybe expectation after rate cut, maybe two by the end of the year. Traders like that idea even though the Services Sector appeared anemic here. Dow, one week. We were down 840 points combined tuesday an wednesday. Now we are in the green today. But on the week, the dow is down more than 2 . S p down more than 2 . Nasdaq down 1 . We have got a ways to go to see our way through this thicket. Dow laggards this week, 3m, one of the industrials stocks getting killed bit manufacturing report earlier in the week. Price target cut by barclays and credit suisse. Bad news for 3m. Theyre down 5. 63 . Caterpillar same story. Industrial stock getting hammered by this bat news on manufacturing. Goldman sachs,
This morning John Swett Unified School district and four campuses are closed this morning. We want to first get a check of the forecast for you this morning. Definitely a fall start. Fall start, Cool Temperatures. As we look at this, when that refinery fire first broke out, it was visible on satellite imagery, thats a look at the arrow pointing towards that. Now as we wake up this morning, air quality is improving, we are seeing clouds still around the area but we have to watch out for that with light winds picking up from the northwest at about 7 Miles Per Hour in the area of crockett. And we are going to see some improvement today in the air quality as well as our temperatures coming down a few degrees. Well talk about some rain moving in, and mike seeing a lighting change in palo alto . Thats right because up until a few minutes ago, this section was well lit by crews, they have cleared, still a couple lights, thats moving north as far as the clearing goes up. So you may see a littl