Global efforts continue in the race for a covert 19 vaccine or even a treatment that could help probable pull the pandemic will british regulators approve a global trial to restart testing drug sykora quinn and chloroquine to see if they can prevent infection with copd 19 well the food and Drug Administration revoked emergency use for the drugs after a trial showed they did not benefit as treatments but this cop called trial its going to look to see if the drug can be used as a potential preventative medicine meanwhile on tuesday the European Unions 27 members announced a ban on travelers from the United States citing concerns over the recent krone virus bikes across the country will russia and brazil are also barred the list of countries deemed safe include australia canada japan new zealand and south korea will the u. S. Still leads with the highest number of cases more than 2600000 americans have been infected with the virus leading to more than 125000. 00 deaths of the country that
Peninsulathe east bay into the south bay by the latter part of your morning commute rain stays with us well to your noon hour and snowfall heavy at times up in the mountains above san jose and then especially in the Sierra Nevada by tomorrow afternoon showers a lot more spotty so your drive home from work tomorrow is going to be easier than your drive to work is going to be this is your advanced warning just leave for work early because youre going to want to drive to slow or drive slower and youre going to expect a lot slower traffic on the roadways temperatures right now nobly very chilly look at dublin, youre at freezing right now livermore just above at 34 degrees. Oakland hayward palo alto in redwood city right along the bay was san mateo in while Napa Petaluma saint helene and nevado either at or below freezing so bund up this morning. It is a lot colder than yesterday youll feel that cold blast as you step out the door. You definitely want to be nice and cozy issue walking to wo
Can you guess what company just passed facebook to become the second most downloaded app in the world well goat you the answer a bit later in the show. Its a busy hour were kicking it off with target missing the mark a once red hot retailer posting the worst day since november 2018 after reporting sluggish electronics sales. Target which had been a bright spot for the sector and market in general joins kohl as jcpenney five below and l brands failing to meet holiday expectations. The xrt, the etf tracking the group, down more than 1 to kick off the year. Guy. Yes, zwlier do you think there are cracks in the consumer showing . I dont think its an indictment of the consumer at all. I think in this case one off misses we have have a consumer conversation but i dont think its about target the stock went from 80 to 130 in a Straight Line and finally valuation catching up to walmart compsy disappointing you cant say they were not. They reiterated Fourth Quarter guidance and margins down. Sto
Resorts. Should investors roll the dice it is our call of the day. The Investment Committee is ready to go. Halftime report starts right now. Welcome, good to have you with us on this tuesday. Our Investment Committee here today, joe terranova, stephly link lets begin with this recordsetting market. The big downgrade for apple after the epic run, shares up 90 last year. Keeps hitting new record highs as do the averages, dow and s p at new highs today about this downgrade on a number of levels, apple specifically is there a message within that for other stocks that have had meese meteoric rises start with apple cramer said if you are not in the stock, dont buy it. Wait to see if earnings live up to what the stock has done. Makes sense i did something that was not disciplined. I bought calls yesterday on apple on the way up side the reason that triggered me was there was monsterous call buying when it was trading in the 290s there was massive when i say massive we dont see that kind of p
Francisco, but not to rest of the week looks great. But thats for this morning. Go slow. I was slipping and sliding a little bit because im just heavy on heavy on the takeoff. Know. Yeah, definitely a morning to not be russian anything. Today. We are looking at some very slick conditions out there. Indeed. Rainfall last night came down pretty good after midnight and we are looking at the effects of it this morning for your commute. Still actively some light showers across the bay. Your view at the downtown San Francisco right there looking. All right. We are definitely seeing the heaviest of rainfall having new doubt. Its now out towards the Central Valley and the sierra foothills. So back here at home, its the lighter to moderate stuff in mostly for the south bay in the inland east bay, starting to fizzle out further northward. Temperatures are cool but not too terribly chilly. So focused on the rain jacket. Upper 40s to low 50s currently very similar start to yesterday and also a ver