After the weekend Hydrogen Bomb test attention paid south korea held its second live fire drill to simulate an attack on north korea after the Hydrogen Bond tester for the weekend youve got nikki haley from the u. S. Ambassador to the United Nations calling on the u. N. Security council to impose the strongest possible sanctions on north korea. Enough is enough. We have taken an incremental approach and despite the best of intentions, it has not worked. The time for half measures and the Security Council is over. The time has come to exhaust all other diplomatic means before its too late. Cheryl you also had defense secretary James Madison with a strong warning after a briefing at the white house. Any threat to the United States including qualm or our allies will be met with a massive military response, a response both effective and overwhelming. Cheryl as our ally, south korea, washington have agreed to remove restrictions that would allow south korea to develop more powerful weapons.
The decline for the month of july state in place, down 6. 8 , durable goods for the month of july. Not much of an influence on major averages. Small the clouds for the now, s p 500 and nasdaq. We are looking at declined. The s p 500 is on pace for its first down day in seven as there are increased tensions between north korea in particular. The last times we saw as tensions with north korea in the month of august stocks initially sold off and recovered. Not necessarily on the day, but shortly thereafter. Turning to one boost for major averages, energy. The s p 500 index, up about 6 10 of 1 , getting a tailwind from oil, up nearly 3 . This is taking some of the movers come a Companies Trading higher including baker hughes, je ge along with halliburton. The worst sector is financials. Yields,eing dragged by down six basis points. Bonds ares that rallying. In addition to having modest declines for stocks, we have investors going toward some of the Asset Classes including bonds along with
And south korea continues to display its military power with a second round of Live Fire Exercises following north koreas largest ever nuclear test as the u. S. Weighs its next move against north korea. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie greene. This morning, states of emergency have been declared in florida, puerto rico and the u. S. Virgin islands as Hurricane Irma churns west over the northeast caribbean. Irma has grown into a category 4 storm. Sustained winds of 145 Miles Per Hour. The Leeward Islands are expected to feel its effects sometime tonight. School in puerto rico is cancelled today and the National Guard has been activated. A Hurricane Hunter flew into the eye of the storm yesterday. Irma is expected to strengthen over the 48 hours and southeast florida residents are stocking up on supplies. Its still too early to say exactly where irma will hit but landfall on the u. S. Mainland has become
To the maze. A lot of folks using richmond parkway as an alternate. Traffic is slow there. Heres a live look at 80 near San Pablo Dam road. You can see the brakes lights westbound. Ha ts a check of your traffic; over to you. The roads may not be clear as people head back to work this morning but the skies are clearing up a little bit. They are also cooling down a lot. Those smoky skies we have been seeing now have been clearing out with this wind thats coming through. Temperatures actually cooling to near normal. Heres a live look right now at san jose. You can see the sparkly lights. San jose is going to feel cool out there today. Also heres our sutro camera. This one was really nasty looking the past few days. But things are looking nice and clear now. We are looking at temperatures pretty cool this morning. 65 in oakland. Livermore 69. San francisco 69 degrees. San jose 73 degrees. Temperatures are going to be nowhere near the triple digits today. Heres our winds. We are getting thi
Things for congress to tackle, why is the president kicking this to them . There was an informal deadline of september 5 where state attorneys general threatened to sue the federal government over this program. The judge restricting the sues as setting the deadline. He technically did not have to act but decided to get it over with. Julie we got a headline that sessions will announce plans to end a daca. Marty that is hardly news. Julie we have been talking about it. What kind of details sorry, kevin, what kind of details do we know additionally at this point about what sessions will say . Kevin what he will do is essentially has the buck to lawmakers and they are set to return this evening and through the day from their august recess. He will give them about six months to come up with a congressional solution to this to give them the opportunity to reinstate. Also potentially reignite some of the same political battle lines amongst republicans. House Speaker Paul Ryan has not commente