Again. So youre not looking at a bounce back. At least not in the early trade. After you have such rough seas like that its not unusual to see it the next morning. But right now at least it looks like the dow is indicated to open down another 77 points. Yesterday closing below 17,000 for the First Time Since october. The s p 500 is down another 8 points after closing down by 2 yesterday. Check this out, though, the dow negative on the year. S p is negative on the year as well. This is decline of 2 yesterday for the dow. 16990 is where it closed at the end. Its at risk of the annual winning streak for six years in a row. We should point out the five dow components hitting 52 week lows yesterday includes utx, conoco, exxon and Procter Gamble an intel. Japan was down by 3 as well. Shanghai composite down and hang seng composite down by 1. 5. Chinas august flash factor pmi. Thats a key Manufacturing Index. It dropped to a 77 month low. Do the math on that, thats more than six years. Domest
Doesnt it. Will the fed move or not . Maybe one of the metals are oil, is there an emerging market and the domino game like the ones we saw in 1997 and 1998. When the crushing obscure curancies. And the Shanghai Stock Exchange is the first thing i check when i wake up in the obscure hours in the morning. And then it was europe and then futures. Now, its china and the need for the shanghai composit to hold above this magical line in the sand. People worry if that crucial level is breached, for multiple days and it could trigger an appeal of the nine month rally. And that could trig ardecline. I think thats going to happen. If the shanghai composite index keeps getting crushed, our market will go with them. My suggestion to whoevers running the bureau of higher stock prices roith now, threat market come in a little bit every day for the better part of the month. The less damage, the more people can get out, the more whole china will become. Next up on tuesday, we hear from best buy. Cell
Along the coast and upper 60s around the bay at noon and inland, mid70s to my 80s by 4 00. Hope you enjoy it. Leyla . We start off with a look at san mateo bridge, travels are light and breezy moving cross the water away from hayward to foster city. Before you get there, here is a look at 880 through hayward and union city, at top speeds and through Castro Valley westbound 580 neighbor to the south dumbarton bridge is a great job at 62 Miles Per Hour headed into East Palo Alto. Breaking news from san jose where a search for two suspects in a shooting and going on right now. These are pictures from the area, Police Responded to south sunset before midnight on reports of shots being firsted. They found an adult male lying in the street suffering from a gun wound. He was pronounced dead at sketch. Right now police are accepting several blocks in all directions looking for the shooters. We have a thursday crew on the scene and we will bring you an update shortly. Happening today, napa resi
How they really changed the course of that day. Three american heroes receive frances highest honor. For taking down suspected militant on a highspeed train. He seemed like he was ready to fight to the end. So were we. A lot of people have their eyes on wall street. Down more than 6 , more than 1,000 points. Incredibly rare. Heightened interest around Vice President joe biden. Hes doing everything he would be doing if he intended to run. On the republican side, shifting the focus away from donald trump. For the first time i can imagine trump winning the nomination. Wildfires continue to burn across the western u. S. Crews battling wildfires in washington. They should be getting some help. A large explosion at a u. S. Military facility in japan. They have confirmed there are no reports of injuries. It breaks my heart and i dont like it. Two men will be arraigned on gun charges after allegedly threatening the pokemon World Championships in boston. These two people, not welcome here. Afte
Nearly 3,000 coming just in the first 90 minutes. The blue chip index closing down more than 500 points for the second straight day and over the last three sessions the dow and s p are down nearly 9 and the nasdaq is off almost 10 yesterday alone 685 billion is lost among market cap in s p 500 companies. Thats 100 billion more than apples market cap. If they dont tell you enough about the volatility check out the vix. Moving above 50 intraday for the first time. Check out the front pages of some major newspapers around the world today. Youre looking at sort of a full list of whats going on in virtually everybody touches on the market above the fold. Like the bear there on the New York Post . Wild. And the guys a lot of times the photographer is waiting and he may have a scratch here on his eyebrow and looks like hes stressed. I think they pose for them now. They see the photographer coming and theyre like that and just do that look. They want to be in the paper. Come on. Have you notic