Conditions heading our way law yeah, this historically one of the worst times a year we get those offshore winds. And the dangerous fire conditions of course for many folks looks beautiful down below like today, lots of sunshine and warm weather but watch what happens here, weve got a cold front that is moving over the top of this ridge once that moves on by High Pressure starts to build on the backside of that. And then here come those winds those dry northerly offshore winds developing and very gusty in spots, especially over the mountain tops but even in some of the urban areas youre going to feel the gusts down below so fire danger going to be running high as we head into the next few days right now we havent seen much in that offshore wind developing yet but not expected still sea breeze in the San Francisco on the west at 5, 6, in the pacific out of the west 9 in sfo, a west oakland of 5, but look at the north bay see sonoma now get a normally composed the wind at 17 Miles Per Ho
Earnings walmart going on a hiring spree. Home buyers are rushing for mortgages. Is the consumer stronger than you think . Power lunch starts now and welcome to power lunch, im Frank Holland in for Tyler Mathisen nike hitting an alltime high soaring 9 on a blowout Earnings Report Johnson Johnson also higher on its vaccine progress for more on whats driving the action, lets get over to bob pisani hey, bob frank, we are sitting at the lows for the day, 3,280 on the s p, about where we ended on friday and the problem is this seesaw in the megacaps and workfromhome names take a look at megacap, this is a down day yesterday was an up day. Monday was generally a down day. You get the idea hard time figuring out what the right values or prices this high same with the workfromhome stocks theres a theory out there that these will be beneficiaries of worsening coronavirus cases in the United States, maybe, but theyre starting to split. Theyre not always up on the stays when some start moving on
Becky is off today. Looking in the green nasdaq to open about 78 points higher and looking to open higher as well also 22 points higher. Also treasury yields youll look at the 10year note at. 681. We have a lot going on today on the data front, details come at 8 30 eastern. Breaking news overnight. The House Transportation Committee issuing the final report on the 737 max list the failures that led boeing to design and the faa to approve the software that contributed to two crashes. Around the Safety System called mcas accusing boeing of concealing the information. Including concealing the existence of mcas from its pilots boeing says it learned many hard lessons as a company from the accidents and from the mistakes we have made as this report recognizes, we have made many changes to our company. They expect to get 737 max back in the air in the Fourth Quarter. Congress is expecting legislation to review the safety reviews of new plane models. Reporting that there was no singular mista
In at 6 30. Lets check out the air quality and looking good this morning. The clean and fresh air as we start off our day, because of that ocean breeze, it is really kicking in, bringing that fresh air back to the bay area. We will have that good air quality through the day and daytime highs are little cooler compared to yesterday, 85 in concord, 82 for san jose, 72 in oakland and 67 for San Francisco. What changes are coming and we will have a shift with our winds. We will talk about that offer winds and a big warmup in store for us but now lets check in with gianna. The metering lights are on for the bay bridge . Yes, they are. That means traffic is stacking up. They are returning at 5 49. That is at the east bay and into the city. It is a slow one. Weseeing how it will slow bit down a bit as you come off the skyway, exiting near the fremont exit into San Francisco. Westbound 580 is still pretty slow and go. The delays originate out of tracy, on the 2058 connector. It is very sluggis
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