That continues a down trend but only just. A spike in new virus cases, especially arizona and texas. The words second wave have some investors worried. The Federal Reserve, well, jay powell sees the effects of the virus dragging on the economy until 2022. Thats not the rapid recovery the administration sees. Larry kudlow joins us in our 11 00 hour. So what do you do . Do you hold on to the stocks youve got, do you buy this dip . That was successful in the past. Or do you get out and take your profit while you can . We will try to answer at least some of those questions. Politics. Joe biden says President Trump may try to steal the election and joe biden says the president promotes racism. His words. This as demonstrators create what they call a no cop zone in downtown seattle. It was created overnight. The president is not happy about that. And this afternoon, mr. Trump heads to dallas, texas. We expect to hear from him about Police Reform and maybe about any new help for the economy f
Futures searching for direction. Take a look, gain in the dow but decline on s p after wild day yesterday. Dow erasing all of its early gains of more than 900 points to end the day negative yesterday at 4 00 oclock on wall street, the dow industrials coming down from a gain of 900 to end down 26, the nasdaq down 25 and s p 4 points. Treasury secretary mnuchin seeking 250 quadrillion. If the money did run out the white house would go back to congress and ask for more. Meanwhile in china the country ending the lockdown of wuhan, people allow today leave the city where outbreak began. Mornings with maria is live right now. Global markets this morning red across the board in europe. Take a look at european indices, cac quarante 75. Still no unified response in europe to coronavirus pandemic from European Union leaders following 16 hours of discussions, talks set to resume tomorrow. Boris johnson remains in intensive care as he battles coronavirus. Overnight in asia and markets in china, so
Am some areas are not foggy at all. We will let you know but right now, if you are driving on 580 approach to the Altamont Pass we have slowing although since it is veterans day, and some people are not going to workings a lot of federal workers for example, and state workers its going to be a little lighter than usual. I can tell its having a positive impact on the commute. Livermore dublin and hayward and traffic in both direction it is looking good. So hopefully we will have a nicer than normal commute here at the bay bridge. Dense fog and the commute is getting crowded but its not as crowded as it normally is. Its 5 01 lets go back to the desk. San Francisco Police busy searching for four men involved in vicious beatings in chinatown and it was captured on video. We have to warn you, the video may be disturbing. This is video from saturday night taken from a rooftop next to port south square showing the man in black sweat pants punching an older man in the streets, and then he turn
Here. The northeast breeze kicked in. That was the key for around berkeley, and oakland. The football forecast, i do not see any issues. Maybe grab a jacket but i think we are good to go. It is 65 to 79 degrees, all above normal for this time of year including San Francisco home. It is not too bad and then get towards sfo and it is zero miles of visibility. Watch out around the peninsula and highway one. That is where the highest concentration of fog is. We will have he the sunshine, 56 around the coast, 70s inland and the client pattern and there are signs of things turning in our favor later. We will start at the bay bridge because we are doing very well. Here is what commute we are facing, even the fog is going away. We got here and you could not see anything here now you can see all the way back to the hills and the traffic is light. Not only is the fog not an issue but neither is the traffic apparently. 680 is slow through Pleasant Hill and walnut creek. That is about it for this
San francisco this morning. All lanes remain blocked westbound 80 at powell street. Some traffic is being held offer on the east shore has been excellent. They really appreciate the military family freeway. No delays there. Your do you have time, 27 and it really shows. With all that usaa offers minutes. The rest of the because area pretty quiet with the exception why go with anybody else . Of some construction along the we know their rates are good, we know that theyre nbc4i. Com its freeway. Always going to take care of us. That is a look at your morning it was an instant savings and i should have changed a long time ago. Drive. Hopefully, better news for your it was funny because when we would call forecast. That is easy for the weather another insurance company, thank you. It will be just like yesterday. Hey would say oh we cant beat usaa yesterday what pretty good. Pretty much right on the mark were the webber family. For where we should be this were the tenneys were the hayles, t