From san jose downtown up towards wolf road and cupertino for a sevenminute drive. Thats right under the 880 17 overcrossing across town. You get an idea of whats happening there. Overall, weve got slowing out of tracy. In fact, lets take a quick look at the drive times. There it is. 39 minutes trace toy dublin westbound 580. Highway 4 westbound and 101 into the San Francisco area is at the limit. Mike nicco has been tracking the days of warm weather. All around, you can see flowers popping up early. There are other signs, like one big ski store putting their equipment on deep discount. Theres no snow. Abc 7 News Reporter matt keller live in santa cruz with the story. Matt . Reporter yeah, good morning, reggie and natasha. Normally, in february, february 7th, were talking about parkas here. Weve got my down jacket. No, im throwing that away. Ive got my beach towel. Thats what we need today. We need to set it out so we can get a tan today. Mike nicco told me its going to be 76 degrees h
And chance the rapper shows us how the open mike program he started in his hometown of chicago helps change kids lives. But we start this morning with todays eye opener, your world in 90 seconds. The u tats of america will soon unveil the toughest and most aggressive round of sanctions on north korea ever. The white house vows new action on north korea. The era of strategic patience is over. If we dont change it, lets have a shutdown. We deal a shutdown. Its worth it for our country. President trump still isnt ruling a shutdown over immigration policy. We had one shutdown. Nobody wants another except maybe him. Steve wynn is stepping down as chairman of wynn resorts amid Sexual Misconduct allegations. A highspeed train suddenly breaking apart on its way to new york. Fortunately no one was hurt. Its very scary. Wall street rebounded from mondays freefall. Its still a bit of a rollercoaster ride. I think this is a day traders are happy to walk out and be done with it. A powerful earthqua
Bitcoin extending its bid slight, falling to around threemonth lows, below 7,000. Broadcom is higher, rising its takeover to 82 a share, but qualcomm shares falling after a Research Note says apple may drop the company in favor of intel for its next generation of iphones. Michelle will join us in a couple minutes its fast money trader guy adami, who will be with us for the entire show, but well begin, as we obvious do, where the action is, with bob pisani. Hello, tyler, quite a yoyo of a day traders are trying to figure out the bottom where to look for it in a market bottom first. Sellers are exhausteds, you want to see the selling stop and then if buyers have some kind of interest i would say right now were in an indeterminate moment. They tried to rally, but there really wasnt enough buying interest and then we drop below the low of the day, and then saw volume pickups for most of the etfs that are out there. Now i think you see a small attempt to rally, and then move back down here
The open. Moment. G just a lets have a look at this chart here. What we have done here is put together the amount of money. We put the amount together and we put it on the charts. If you takeaways away from this. First is 15 days into this rally, that is where the money started to come in. Daysve seen the past few or so, so much not so much. It also tells us there is a lot of money. All a it could cause a little bit of disruption. Monday, tuesday and wednesday, not so much. That is one chart you want to follow. This want to mention morning, about an hour for there. Opened, a surprise First Time Since the crisis, so what we have done is taken a look at some of the indicators. Was a very2016 battier. 2018, how can we sustain that . See,rolling over that we hear is the global price index. Thatct, just zoom in on one and as you can see, does this mean it gets worse from here . It is something to watch. Looking at what is happening for south korea as well. Thanks, the governor has not been
Manus welcome to i am manus cranny. Welcome to the pulse. I am manus cranny. The story of day from the asia. The president of toshiba along with two other executives, their resignation and their formal News Conference and this was a 1. 2 billion scandal restating their earnings over the past six years, unrealistic led to what is a systemic flawed accounting process, challenging the culture within japan. Probably one of the single most important issues that will be addressed here which is so much power for people as of the top and no way for anybody to really challenge the toshiba accounting methods. Everything from Nuclear Reactors and ships. A is now falling on hisao tanaka the president. If we have any headlines, we will bring them to you. Our top story and that is commodities. Bloomberg commodities index dropped to a 13 year low yesterday. Right . Ryan you have to go back to 2002 to see Commodity Prices where they are now. A fiveyear low. 2012 when we had the darkest days of the eur