Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what
On further coronavirus stimulus until after the election the dow, which had been up, turned around and actually closed down by about 375 points. It was down by 1. 3 , s p down by 1. 4 and the nasdaq off by 1. 5 . However, this morning the stock futures are sharply higher this started last night around 10 00 p. M. When President Trump posted a flurry of tweets, one of them calling for airline and Small Business payroll support immediately. And another calling for a standalone bill on stimulus checks he was saying that he would sign these bills immediately. And as a result, take a look at the futures, dow futures indicated up with fair value by close to 200 points. Ylan mui has been following all of this and has more good morning. And just hours after the president walked away from the bargaining table, he appeared to take three steps back calling on democrats to pass targeted relief first it was that 25 billion for the and i remember industries Payroll Support Program and 135 billion fo
From ktvu, this is mornings on fox 2. Thank you, for mornings on fox 2. I am pam cook. I am dave clark, do you have your specialty cup with you . I actually do. I love saying that. I switch it up, but you know that this is my favorite. Steve, he is one of my favorites. We are talking about more clouds and rain . Not a lot of sunshine . Yes, there will be an opportunity for rain to the north. Everyone will get in on the rain, even toward san jose. A pretty strong system for may is on its way. A lot of this will favor areas north of the golden gate bridge. You could pick up a 10th of an inch. 47 degrees in santa rosa. 51 and livermore. Temperatures will not do too much, you are under partly cloudy skies. The wind is pretty calm. I have not seen anything worth showing. This will exit stage right, and highs today, near average for some. Especially santa rosa. Over to sell, we see if anything has popped up. The same thing, it is a light commute. Lets go take a look at what we have. Traffic
880 is the freeway youre going to have to give yourself extra time for. All crashes southboundable 80 t up out of the 38 heading on down. It should get that out of the lanes hopefully soon, but right now, sit blocking a couple of lanes. Well keep a close eye on it for you. The earlier accident in walnut croak, Pleasant Hill area has moved to the side. This is a look at the northbound san ma texaso bridge. That traffic is okay. Heading north on 880 is moderately heavy up to the bay bridge toll plaza which has a 15 to have 20 depending on which lane you are in, unless, of course, you are using the carpoll lanes. That is going to give a good advantage to you at this point. 6 01. Lets go back to the desk. This is day three of Maintenance Work on the busiest runway at sfo and it has already caused problems for travelers. Ktvu joins us now live from sfo where hundreds of flights were canceled or delayed in the past two days. Sarah . Good morning. The faa is reporting that arriving flights co
Welcome back to mornings on 2, it friday, august 23rd. Im Cristina Rendon in for pam cook this morning. Good to see you, too. Im dave clark. You will notice its cooler outside. Its nice. Steve is off today but Rosemary Orozco is here to talk about this. For folks that leave their windows open for the nice cool air overnight. Moving through this morning, hopefully you will feel it. Temperatures have fallen off a bit from yesterday morning at this time. As we get into the afternoon, we are expected to keep that trend with temperatures coming down by several degrees. A look at sfo, partly cloudy skies, San Francisco, 60 degrees. 55 to start your morning santa rosa, low 60s, oakland, livermore and 65 san jose. Dave said it was cooler and there is the proof down by 11 degrees over santa rosa, navado, 9 in napa. Down by five over areas of half moon bay. That moist air moved out. Its a drier day as well. A look at fairfield with a weak on shore breeze at 6 Miles Per Hour and the marine layer