Wiped out. Were back to where we were right after the financial metdown. A lot of people are wondering how many arrows are left in the feds quiver. The president is taking Emergency Action of his own. He is already Restricted International travel. Of course for School Systems across the country, comprising now better than 11 million kids, theyre closed and a lot of kids sort of have to, technologywise do their classes on their home computers. I can tell you as a parent of a couple teenagers good luck with that. Meantime the Global Impact is clear, as one market after another sells well off into bear territory. Deirdre bolton following all of that. Bolton, we are jolten. A tough start to the trading day. The fed seemed to make more traders anxious than not. The fed, neil, you know this, basically what the fed has done in credit crisis over seven or eight month period t was done within hours this weekend markets reacted in the first 10 seconds. We dropped on the s p 500. We had a 15 minu
Probably ten minutes. Looks like some final street sweeping on that side. This accident happened around 1 45. It was the result of a dui driver. There was a 25yearold man, according to chp, driving a red sedan, a zip car, when he wrecked into the center divide. He got out of the car, leaving his car in the number two lane. He went to the side of the road, safe, drunk but safe, and the two trucks collided with the van. Only one had to be transported for minor injuries. The gravel spilled and both lanes, the northbound side the direction they were headed and the southbound side. Thats, again, why both lanes shut down. Again, we expect the southbound side to be reopened in 30 minutes. The northbound side looks like theyre finishing up the sweeping, should be opening in about ten minutes. Bob redell, today in the bay. We want to look at your thursday forecast. Some spotty showers . Its been misting and drizzling. Weve been picking it up. A lot of the rain will be very light and the heavier
Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this is the seasonally strong period of the year earnings season was a good one retail sales pretty good retail earnings were good even though a mixed bag and so i think were in the period of pause until the new year. What are you paying close attention to today. Well, today, i think its really all about this is black friday about the retail environment and the consumer theyve been very confident, wages going up Unemployment Rate very low, near 50year lows can the strength of the consumer driving th
Good jobs number, decent ism bob pisani has more. We are starting to break the new narrative out there that were going to have a slowdown in 2020. Remember, the recession narrative have gone away, worries of three, four, five months ago, no more. Gdp is 1 to 2 now economic numbers are starting to suggest maybe the slowdown narrative is not a good narrative any more were taking the edge off the slowdown narrative thats why things are moving up. We not only have a strong jobs market, markedly strong revisions people werent anticipating then weak manufacturing. But new orders were generally good still 49, above expectations thats what youre looking for, new orders stock market is a discounting mechanism for future stream of earnings represented by the new orders ism not getting worse, thats the key. Heres what you need to think about. What will it take to move the market higher, another 5 to 10 . Three things very important. First off, see bond yields move up more. Good sign of modest ref
Its the final day of the second ashes test, and any result is still possible after a day of wickets and huge scare at lords for steve smith, the australian batsmen hit on the neck byjofra archer. The day not looking too different to what we had yesterday. Sunshine and showers, and the same for the start of the week. Its sunday, 18th august. Our top story the home secretary, priti patel, says more needs to be done to support the families of Police Officers who are killed or injured at work. Pc Andrew Harper died of multiple injuries as he responded to a suspected burglary in berkshire on thursday night. Charlotte simpson reports. Colleagues, friends, and the local community, pay tribute to Police Constable Andrew Harper, where he lost his life. Almost exactly a month ago, the pc was getting married. He should have been heading off on his honeymoon next week. A postmortem showed he died from multiple injuries. Detectives are still trying to establish why are called to investigate a burgl