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Transcripts For CNBC Closing Bell 20240714

Joining us for the hour to break down the market action, keith bliss. Good afternoon to you. Thank you very much, wilf really good to be with you snapshot of today, why are we selling off . Number one, you have low volumes coming into july you usually have the spike in june on the weekly volumes were seeing that today. Listen, you got to say the news is really washing over the markets as it relates to boeing. The downgrade we had at apple, people are getting nervous about what fed chairman powell may say and may not do at the end of the month. I think thats why youre seeing a little selloff in combination with that is we did get overbought in the dow a couple weeks ago are traders talking about the fed and whether they may not cut at the end of the month . Youre certainly seeing that in the discussions that you have with traders and investors alike. Youre not seeing it reflected in the fed funds futures yet still an overwhelming majority of people think were going to get a 25basis poin

Transcripts For KGO ABC7 20240704

Of primaries . One measure voters passed in San Francisco will give officers more leeway in Police Chases, and some warn thats a disaster waiting to happen. And amidst the closures of stores in union square, theres something glorious blooming. Tulip mania celebrates spring, and you can take part this saturday. Youre watching, getting answers. Im kristen sze. Thanks for joining us. It is the day after a consequential primary here in california and the bay area, and while there are no huge surprises there, definitely tea leaves to be read with regard to changing priorities locally and statewide. Plus, the president ial stage is set with nikki haley bowing out today after disappointing super tuesday. Joining us live to talk about all this and more, the Vice President of Political Data inc, Paul Mitchell. Hey, paul. Hey. How are you doing . Im good. I mean, im sure youre excited because there are several close ones, and thats where i want to start with the closest contest, the one about st

Transcripts For KRON KRON 20240703

Area from . Theyre telling us all about it. Im darya and im james. Thank you for joining us this morning. Well get to those stories in a minute. But here a live look outside at coit tower in San Francisco on this wednesday. A little gray not so glorious, no sun bathing in it today. Now after the past couple days, tara and james of sunshine is a change for sure. All that cloud cover weve seen so far this morning. You notice a lot more changes today to we just generally stay a little bit cooler. Looking outside from san jose, though i have found a couple peeks of sunshine out there in the south bay. Now we are going to be for even more changes over the next several days to our north. Right now, we do have a cold front draped right across washington and oregon. And that is diving down or direction. And with it a winter storm that is going to leave the sierra with more snow and some more showers in the bay area starting tomorrow morning. As for us right now, were dry in the low 50s for tho

Transcripts For KRON KRON 20240703

Well, hi weve were working on a lot of stories for in this 7 oclock hour. Were going to talk about sacramento and how the as might end up playing. They are and they leave oakland. That deal just fell apart. So more on that. Plus, were in our second day now that nurses strike in Santa Clara County that continues this morning. So update you. On those talks. And then theres that powerful earthquake. Yeah, you remember it just happened yesterday in taiwan and we are live at sfo. Because some people are coming in from taiwans. Were going to talk to them about the big quake. Good morning and thanks for joining us. Im darya and im james and well get to those stories in a minute. But first, we have to go outside. Take a look at some of these beautiful pictures. From this morning, our cameras are. I love the shot. I know he want to jump on it like a when will that part will see all that sunshine down here . Yes, we are looking not as much sunshine today. Unfortunately, those gray skies that you

Transcripts For KRON KRON 20240703

Beautiful sunny weather. This is your view outside from the top of mount tam above that cloudy blanket that has pushed right in this morning. Today is going to be a partly to mostly cloudy days. So expect a different look to it for sure to our north. Theres that storm system that is going to impact us as we make our way into your thursday and friday, especially with much cooler weather. And of course, the weather conditions ive been talking about as well. Right now were in the 50s of nice morning of low to mid 50s. Get that jog and walk the dog before you get to work later on today will be low 60s for most areas. Thats a lot cooler. About 10 degrees cooler than yesterday. Tomorrow going to be about another 10 degrees cooler in some spots. Ill break it all down for you and your full forecast rain. All right, john, thank you for that unusually busy at the bay bridge at the 9 oclock hour. We have a few traffic hazards along 80, like theres one at 7th street, a disabled vehicle. 24 wanted

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