Well take you through live for her comments. She will be asked about some of the biggest issues facing business and tech and i imagine some politics, too. You would imagine so, yes. This is the final hour of trading for the month of may, so your last chance to sell in may if you were so inclined. The nasdaq, of course, has been the big out performer. Discuss whether it is time to sell some of the high flying tech names. Well see where the market on close number is. As we head into a traditional i dont like to talk about the traditional. Hasnt work that great. Well talk more about them, dont worry. Begin with netflix ceo making headlines at the conference a few hours ago. Our Julia Boorstin is on the scene with more. Julia. Reporter hey, kelly. Thats right. Netflix ceo reed hatings tells me he is scared of amazon, really scared as amazon ramps up its investment in original content. But he says he is going to broaden the library and grow the subscriber base. If we try to out amazon amazo
Thank you, dave. The weather is cool as well. Thank you, gasia and dave. Some clearing is taking place. There are plenty of clouds off shore. The water temps are very cold. At least we will get sun today. We havent seen that for the last couple of days. The rainfall wasnt that heavy. 07 was at sonol. Still had some of the last area to have a hold on the rain was the santa clara valley. That has ended. Up to the sierra it goes. The water temps continue to be cold. There will be fog in the forecast. 50s on the temps. You can see the dip in the jetstream. That will allow the fresh cool air to move through. 60s, 70s for everybody today. Sal. 7 01. Something on your screens or scanners . What is going on. Were looking at slow traffic for sure, steve. Okay. Were looking at the macarthur maze. Were going to start there. It will be slow coming around the corner getting to the bay bridge. It has improved a little bit. An earlier crash was blocking lanes. You have to add another five or ten minu
Were glad too. Do i look good . You look fantastic. For my age . You look good. Act your age. Yes. Congratulations. Oh, thanks, it is good to be pretty much anywhere. Good to have you. Yes. Ready to go to the number of the dismay. Of course. All right, lets go eight, with great eight, because eventually it will be great today. We just have some fog out there, this morning, can you see bus stop buddy, yes, National Roller coaster day, celebrating that, the advisory continues, through all of those count ills, most of the counties in the viewing area, almost all. It seems to be getting worse before it gets better, look at allentown, pottstown, lancaster, millville, all of those reporting stations have zero visibility. If you can wait few hours, to take off this morning it, might be good idea. Now here in the city the sun trying to burn off the fog. 71 degrees. Just little ground clutter showing up on radar there. We dont expect rain today. In fact, we expect enough sunshine to get us to 8
We have a new approach in afghanistan. Neighboring pakistanis on notice, donald trump not happy about terrorist sanctuaries in pakistan. He said we are not leaving, we are going to win. He stayed on script, his tone was measured, he was president ial. After a difficult summer his supporters hope this is a new start. He heads to arizona for an oldstyle rally. The markets, your money, we will open higher with 400 points from the dow record, we had a dip, Morgan Stanley says buy it and evidently some people are. Politics a come back for trump, money, cut back to stocks, maybe, varney and company is about to begin. We are a partner and a friend but we will not dictate to the Afghan People how to live or how to govern their own complex society. We are not nationbuilding again. We are killing terrorists. Stuart you heard it and saw it, the president laid out his new strategy for afghanistan. As a candidate he said he wanted out. As president after sitting in the oval office he concluded we h
Thats the strongest of the expansion. Well get to all the numbers of the premarket relatively steady. Europe is mixed. Yields actually if you just heard ticked up on that wage data. Factory orders, rig count and fed speak today still on the way. Roadmap begins with 156,000 jobs added in december, below what the street was expecting. The last jobs number under president obama. First it was ford then it was gm. This time the president elect goes after toyota sending alarm bells across the nation of japan. One retailer reversing the trend, gap shares are surging after a better than expected december helped by old navy. Well get into that. Aside from the december payroll figures, the Unemployment Rate coming in at 4. 7, as expected. And we mentioned earlier average Hourly Earnings up 2. 9 from a year ago, thats the biggest increase since 2009. Participation relatively flat, jim, i know you looked at with the revisions over the past two months people are calling it a bit of a push. I think