That rain coming in later on tonight, for the north bay and maybe a little bit earlier as were seeing some light, spotty rain on storm ranger, but the bulk of the storm still well off the coast. We have one that will be coming in overnight into tomorrow, and another storm that will be moving into the bay area on saturday. As we take it hour by hour, we see mostly cloudy skies today, even a few peeks of sunshine, but at 10 00 tonight were going to start to see that rain moving into the coast, and the north bay, spreading across the rest of the bay area later on this evening, into early tomorrow. So more on that coming up in a few minutes. Mike, you spotted something in East Palo Alto. Thats right, sounds like things will look much different 24 hours from now. I spotted this one sign truck there, technically on the border there, East Palo Alto right there and ikea and menlo park at the university offramp, just that one truck. I scanned the area, no lanes blocked. I believe there are lane
All that and so much more, on making money. The market tip uses its record setting ways this rally this week to continue to roll on nasdac actually giving some back but thats the focal point because the momentum has been absolutely remarkable, cracking 9,000 for the first time ever, and by the way, this is right now, well see how it closes its the longest winning streak for the nasdac compass composite in many years and on that note i want to bring in 34 years matter of fact people are saying could this be november 1999 or march of 2000 because many wonder what could take this index and the overall market higher here to answer those questions, Wealth Management cio, fox business contributor scott martin so let me lay it out for the folks so we know what were talking about here. The milestones for the nasdac, it took three years ago from 1,000 to 2,000 and it only took one year to go from 2,000 to 3,000 one month to go from 3,000 to 4,000 just four months ago from 4,000 to 5,000 and gue
Guy johnson in london. Lets get the first word news. China is on a mission to create an Aircraft Carriersized investment bank. They are opening up 45 trillion financial industry would also wants to beef up its own players to go toe to tell giants. At the moment chinas brokers dont have much of an international presence. Adding together the 131 brokers have about as many assets as Goldman Sachs by itself. Germany expects the nord stream 2 two gas pipeline to be delayed but it should be completed in the second half of next year. Costs are rising after sanctions u. S. Sanctions on the project. Of japan and south korea are holding their first formal meeting in 15 months amid a longstanding historical dispute that hit trade in the region. It also had a trilateral meeting between the three. Theyve reached International Cooperation on dealing with north korea. 2019 has been a good year for the superrich. Almostrichest man added 17 billion to his wealth this year. Over 11 billion. , bernard,nn
Of western digital. Index just a little weaker on a stronger euro today, just below 97. The 10 year yield at 1. 86 . Above 60 a barrel on all of the positive trade talk. In europe, its been a positive day as well, particularly in france and germany, even though weve had some disappointments out of manufacturing readings. 1. 3 ,oxx 600 holding up and he ftse 100 up another 2. 4 . Add that to the 1 plus gain we had friday, we are seeing a nice gain for the ftse 250, which is more to masterfully focused. But alsois stronger, we have just a little but of strength for the british pound. We saw most of that coming in after the election results. We are back down to 1. 33 now. I want to point to the yuan because we are just below seven. The u. S. And china reaching that much dissipated phase one of the trade deal. Expected to release the full 86 page agreement in early january. U. S. Trade representative Robert Lighthizer says several issues remain. Phase one willr be up limited to the last de
Stock higher from here the Investment Committee is ready to go. Halftime report starts right now. Great to have you u with us on this wednesday, the day before thanksgiving. Our Investment Committee, joe, jon, steve and jenny Stocks Holding steady, but enough for the dow, s p and nasdaq to hit new highs. The nasdaq trying for its 25th record close and its 11th this month alone. Tech, industrials, consumer staps, all hitting record levels we continue to buy into this rally, joe yes, we are in the middle of a melt up. Thats what with we can call this its being powered by significant dispersion on many sectors. Technology, health care, financials, so you can find opportunities in each of these sectors. Are we pulling forward some of the gains from 20 . B potentially, but thats not a concern we have now. We think a lot of it is predicated on the basis that the consumer is strong when you look at Balance Sheets and you think of governmental ambulance sheets, corporate. What better Balance S