He is suspected, the driver, not sure if its a man or woman, is suspected of driving under the influence. Stay with ktvu. Christien kafton is going to report live from the scene coming up and we will tell you more about what he finds out. Take a look at the rest of the commute here, the westbound bay bridge traffic looks okay. No major problems getting into San Francisco. And in san jose traffic on 280 northbound, not a bad commute here, a nice looking drive. In fact, its nice and light all over the bay area pretty much. 4 01. Lets go back to the desk. Or lets go to steve. You can go to me. Rather windy and cool the main message so far today and light rain up towards santa rosa and a few more scattered showers. Theres a pretty good gust there, west 24, sustained at the oakland airport, 22 at the napa airport and even hayward up the 25, san jose 32, 35 at sfo which has had 50 plus. 50s on the temps or upper 40s, even out towards brentwood they have cooled off dramatically compared to a
The hang seng was up about half percent. And the shanghai up about. 6 . The European Equity markets. This is the early trade. Relatively flat. The dax is flat. Cac is down less than. 2 . The ftsi up about a. 25 . And the italy index about 1. 5 . And spain just over 1 . And up about 0 30 cents. Brent up about 33 cents. Couple of big stories this morning. Bp reporting overnight. Quarterly profits dropping 80 . That topped expectations, oddly enough. The company says it now could cut Capital Spending further as a result. Ceo expecting prices to recover towards the end of the year as pruszers stop work on fields and demand strong returns. Also dupont is raising its full year guidance. The chemicals and seed producer planning to merge with dow chemical but last year regulators needed more time to review materials related to the deal. And today were expecting results from dow components 3m, numbers from Pharma Company eli lilly and hear from its chairman and ceo at 7 30 eastern time. And fac
Retail sales once again blamed on unseasonably warm winter weather. Blame the weather seems to be the scene theme here in the u. S. As well. Anna we have heard this weather cited as the reason for a number of global retailers having trouble. It was a very warm year. So perhaps they do have reason. We heard from Marks Spencer on that subject. But we have to we have to talk about china. We heard patrick talking about a lack of handholding i the chinese authorities in doing whatever it is they are trying to do with their currency. We heard from nick wadhams as well in beijing. He said they botched this u. N. Devaluation. We need to understand better what they are trying to do. The pboc were being accused of the same thing in august. We have the nervousness at the start of 2015 in the pboc says we will cut it by the most since august. That fuels any uncertainty that already exists. As someone tweeted me this morning, if you were 13 minutes late to trading, you missed the whole day. Anna th
Call me a clown or even a joker, as long as its not a midnight taker. Maybe theyre complimenting my keen sense of timing when they compare me to soupy, bozo, crusty. Anyway, the jokes on them, because knowing the right moment to buy. Buy, buy, buy sell, sell, sell among the most important and frustrating parts of managing your money, you tell me so many times when i see you and im solving it tonight, it is demanding. Precision is tough to get right thats why you hear commentators its impossible for individuals to on time the market. There is a whole the Cottage Industry of naysayers. The house of pain who make a living telling you that wells no way a regular investor can do it so you may give up on trying to trade, give up on picking your own stocks and just put all of your money in an index fund and performance as a whole and leave it well for all eternity. I have nothing against index funds per se. They could be a decent way to manage a portfolio of individual stocks and many people
Sessions where we rest and recharge. For what . For the next assault higher. The move im watching for like a hawk is the takeout of the nasdaqs old highs. You know i feel that its long overdue. Im not afraid of it. Were on much firmer footing these days versus 15 years ago. The Companies Leading the charge now for the most part arent that expensive, with the exception of amazon and netflix. And im hoping we wont hear tales of irrational exuberance. If we breach that i go know mainous wall even if done with amazon and netflix and apple at the vanguard. You know what netflix is a real good place to start the game plan for next week. Because those of us who are subscribers to netflix know that at 6 23 a. M. This very morning, the new season of house of cards became available. Did you get your email . I did. I always tell you netflix isnt a play on earnings per share, its a play on signups per share and i expect them to be voluminous. Big lookout monday for analysts itching to raise their