Julie hyman joins us with the latest. Julie we see stocks hovering around the highs of the session. It is in the wake of the debate performance last night which many analysts are calling Hillary Clinton winner. So a little bit of a relief rally since trump is seen as more of an uncertain outcome in this election. The election pricing in Hillary Clinton as the victor and we see a rally in consumer facing stocks. Lets get to some of these consumer stocks. We are watching retailers amazon rising to a record. Up 2 . Target and best buy are a couple of the retail winners. As part of that report, the jobsyors asked about plentiful. Our jobs easy to get . Its about the perceptions of the people being surveyed. Take a look at the bloomberg tracking jobs hard to get and jobs easy to get. Ou see a nineyear high u. S. Consumers are feeling good about the job market. On the flip side, even though retail generally is up, if you look get Grocery Stores, we are not seeing the same kind of strength th
The investigation will continue for highway one south of devils slide. Someone was ejected from this vehicle here. That is a crash investigation for highway 1. Let me show you where that is on the map. Take a wide look so everybody gets a chance to check their commute. This closure is right here between pacifica and montara. You have to take 280 and south of pacifica. You have to get over towards 92. That is in place right now. Looking at hopefully another half hour to dak care of that. All lanes are reopened. There was a truck fire, no one was hurt as a result of that. Thats good news. We will continue to see these temperatures very cool to start out the day then warming up nicely for the afternoon. Now in the low 40s as you get a look at that north bay temperature. Highs today reaching 72 in the north bay. San francisco 64. We are getting ready for our next chance of rain. Ill detail coming up. 6 02. Bay area babysitter under arrest. Accused of shaking and hitting a 10monthold baby.
Billion euros. I do not know where the figure came from, but they will be readjusting. Do i understand that i cannot buy a diesel vw in america right now . They basically shut it down. Vonnie yes. They have recalled diesel cars. The funny thing is the north american head was speaking last night. Clarification, i learned to etle, my a vw be father had a vw rabbit. There is our clarification on vw. A busy morning. Here are top headlines. Here is vonnie quinn. Vonnie chinas president , jinping arrives in washington. He has defended the way he has handled the chinese economy. He said the Government Intervention was needed to deal with systemic risk. More problems for volkswagen. And face billions in fines repair costs for cheating on federal air pollution tests. The Justice Department is investigating vw for possible criminal violations. That could lead to charges against the company or its employees. The head of vws operations in the u. S. Admits the company screwed up. Ande must fix thos
Says a hike wont cause a correction until u. S. Stocks are back in the bubble. The u. N. Calls for the halt for detention and ill treatments of migrants as germany imposes emergency border controls saying it can no longer cope with the influx of people. And welcome to worldwide exchange. Lets take a look at the Chinese Industrial figures we got over the weekend. This is the reason we saw a heavy selloff in the shinnin exchange. It grew by 6. 1 in the month of august. Its raising concerns about the pace of the slowdown taking place in the worlds second largest economy. The data field expectations says they could roll out further support measures. Lets check in. We just had that dismal close just in china. Yeah, susan, you and i know typically when you see this kind of data, lets face it, it was consistent with the chinese economy growing at sub7 , the market starts to think there will be more policy support. This time around the paradigm has changed. Because of all the leverage in the s
Announcement come thursday, thats a twoday meeting, wednesday and thursday. You can see ahead of that the dow futures look like theyre up ahead 36 points. S p up by 4, nasdaq up by 15. We have a couple of big market stories were watching this morning. Disappointing Economic Data. Fixed Asset Investment industrial producing falling short of estimates. Retail sales did come in stronger than expected. Shanghai composite closing down nearly 3 . Volatile session shows that the index is dropping as much as 7 at one point. In other news out of china, government announcing that excuse me, government officials announcing that beijing will work to reform its own huge state owned enterprises and introduce mixed ownership. And in europe today interior ministers are meeting to talk about the migrant crisis and how countries can share new arrivals. Germany temporarily introducing Border Controls saying the move is urgently needed for reasons of security and to curb the large number of migrants. They