San francisco. 02inch. We could add more to the rainfall mix for today. Theres the main frontal band that kept you up last night soaking portions of the bay area. Right now not a lot to show you but still a few scattered showers up in portions of the north bay around napa, outside of santa rosa as well but at least the persistent heavy rain really not a factor right now. Out towards San Francisco and oakland just clouds in place and san jose 60 degrees currently. Off to a mild start this morning. Temperatures lower 60s. This afternoon still a chance of a shower but you will notice our forecast model not a lot of coverage here throughout the day with a mixture of sun and clouds for your thursday afternoon and maybe a popup shower or two across portions of the area. We will continue to keep an eye on the radar and check in with sal right now. He has an update on the roadways and soaking as well. We have a problem that happened last night, chp has not yet confirmed that rain was a factor
Markets now. We get Johnny Mandel on baja see this morning and we are waiting to hear what happens to Alex Rodriguez, we are all over that but of course we started the day at a new alltime high for the dow. Lets check the markets, straight weeks of gains but some losses this morning. Nicole good morning. Absolutely right. We have seen record highs for the dow and the s p, the nasdaq was sitting at 13 year highs but today a mixed market. The nasdaq once again breaking into the green. We had major averages not far off of the unchanged line. Interesting, havent had that clear direction but the trend has been to the upside bit by bit and that is what we continue to see where we had a down day late in the day, stocks broke into the green later in the day. The Dow Jones Industrials are down 40 points, the vix, the fear index is to the upside. The names weighing on the dow today include Energy Shares such as chevron and exxon, that is nothing disney and travelers and the names and coming out
See some names on the move. For example, travelers best of the bunch. Delta airlines continues to do very well. We are seeing delta up three quarter of a percent. Verizon with a down arrow. However, giving their outlook on a Conference Call for 2013, they were certainly a winner. Johnson johnson, their fullyear numbers are not too hot. A couple of things to know is, in the latest quarter they did do well with therapy for hepatitis b, as well as, psoriasis. That is something you will have to watch. Lori thank you. Melissa big tech giants will report today after the bell. Sandra smith is here with what we can expect from ibm and google. Sandra lets take a look at the dow right now. Ibm will be the one to watch. Ibm has a big impact. There is about a 11 weighting. We will be looking for ipo earnings. You are probably not too pleased with this selloff. A lot of people looking for a turnaround plan for ibm. Ibm could really set the bar for what we expect right now. Expecting 5. 25 a share.
And his new boss told him two things cook what you love, and save your money. Joe doesnt know it yet, but hell work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. Hell start investing early, hell find se good people to help guide him, and hell set money aside from his first day of work to his last, which isnt rocket science. Its just common sense. From td ameritrade. Melissa welcome, i am melissa francis. Lori i am lori rothman. Investor enthusiasm pushing record territory after setting a new alltime closing high yesterday. The case for why stocks will go even higher. Melissa or very own statement on the market, lou dobbs joins us with Historical Perspective and whether or not to trust the rally. I will try and call it together here. Lori today the weather shutting down washington but congress is still in session. The house to vote this hour on a 1 trillion budget to keep the government funded through the end o
Bill you know i thought our playbyplay today on the tightrope walker. Martha do you think we have a future covering circuses . Bill i think we have a chance. Martha how is your trapeze knowledge. Bill im working on it. Martha we are on the flying trapeze every morning. Have a good day. See you tomorrow. Jon dangerous storms brewing across the country. Large hail, high winds and powerful tornados all very real possibilities. Highly unusual at this time of year but the springlike temperatures coupled with high humidity are making conditions ripe for severe storms. Our meteorologist maria molina is live in the fox extreme Weather Center. Maria. Hi, jon, good to see you. Thats right were talking about tornados being a concern today any up from texas to indiana. A large section of the country looking at possibility of Severe Weather. Not just tornados but wind gusts up to 60 miles an hour. And large hail that could cause damage to any cars outside. Look at the Severe Weather outbreak were e