The dow is down over 200 points. Of course, pointing to weaker than expected Manufacturing Survey that was definitely the trigger. A lot of the rally since late summer was about a process with industrial activity. I will point out weakness today is not specifically concentrated in manufacturing, it seems like it is an excuse to say we had a nice run, havent had many pull backs. See the nasdaq down 1. 4 not full of manufacturing. It is more of a general cemen sentiment. U. S. Data not improving on time according to the schedule investors were hoping, we have a backoff. I would point out, s p is back to where we traded a week ago friday were skimming a bit off the top of the last part of the rally. Dow is down 220 as we talk now. Meantime, lets turn to the political ad hold outs mark sazuckerberg was reiteratig facebooks policy for now. At the end of the day i just think that in a democracy people should be able to see for themselves what politicians are saying even if the ads contain fa
Everything in the middle is struggling we saw this once again today, especially with the dow gained 102 points, s p advanced 0. 41 nasdaq up. 57 Dollar General, walmart, costco and target low end. Well, as well as rh, the former Restoration Hardware and lululemon on the high end. Some call it lululemon and theyre wrong. Lets unpack these Dollar General and dollar tree are Bargain Basement plays that indicator to the vast majority of americans who are trying to make ends meet these companies are extraordinarily good at what they do. This morning oppenheimer argued the chain has some of the best Revenue Growth momentum around, at a time when Interest Rates are slowing, meaning investors think the economy is getting weaker well, guess what this is a defensive holding. When retails not so hot right now, dollar gen. Dollar tree has a similar story, the acquisition of Family Dollar which is finally starting to pay off. Oh, man its having a big impact on the numbers. This was no easy feat. I
You may not have felt pressure. If he is even asking, to me that is a very relevant piece of information. At least in terms of the conversation with admin rogers, we will give at least another individuals version. At some point, these facts have to come out. Senator refressh. Thank you, director coats and admiral rogers for your testimony. With all due respect from my colleague from virginia, i think you have cleared up substantially your direct testimony that you have never been pressured by anyone including the president of the United States, to do something illegal, immoral or anything else. Thank you for that. A live look at the Senate Intelligence hearing there in washington, d. C. Neither rogers of the nsa nor coats of the dni believe it is appropriate to discuss conversations they have had with the president in a public session, not commenting on whether or not they would Say Something similar in a private session. We are watching this as we work our way through this day and pre
51 in santa rosa. Emoryville should be in the upper 60s with sunshine and well be looking at more mid to upper 80s inland. Should be a pleasant afternoon but cool and cloudy at the coast. Well let you know how this deviated from the rest of the forecast including the holiday coming up. Chris . Thank you. We begin with breaking news out of the east bay. A water main break in Pleasant Hill has damaged businesses and will force the closure of contra costa boulevard this morning. The 12 machine pipe burst near woodsworth lane. You can see how much water has been released. It has since been turned off. Crews will begin repairing the rth way at 8 00 this morning. Contra costa boulevard will be shut off between gregory lane and woodsworth for an undetermined time. More breaking news in michigan. A man suspected of driving drunk smashed into a natural gas line at an Energy Training facility in the town of melvindale forcing the evacuation of several neighborhoods. Crews quickly turned the gas
Renowned neurosurgeon dr. Ben carson is here, everybody cheers and applause yes but first, today is the new york primary, yes, the 2016 candidates have been working it hard the past few weeks and no one more so than donald trump. I mean, he held a rally up in buffalo last night, a place famous for creating the style of chicken wings he rubs on his face every morning. And now trump is expected to win big tonight, which is no surprise. He is a native new yorker and not only was he shaped by new york city, he was here on its darkest day. And as he told his supporters last night, he never forgets. I think what i want to do is i want to talk just for a second, i wrote this out and its very close to my heart because i was down there and i watched our police and our firemen down on 711 down at th3 World Trade Center right after it came down laughter trevor how . how can you confuse the most unforgettable date in American History with a Convenience Sto store . how . cheers and applause and, yo