Less than a percentage, but nasdaq is down 1. 3 . You should have seen the look on her face when we noticed that earlier. Lululemon among the retailers thats been warning today. That stock has been down 16 today. And weve got all these earnings coming out this week. Weve had all these warnings so theres a feeling of fear right now definitely an wall street. And anticipation. Retailmageddon is the way one retailer put it to us earlier. Goldman sachs sounding the alarm on valuation saying investors are too focused on stocks and hurting longer term return. Were not just talking stocks so far today. Gold interestingly has been heating up after a horrible year last year and who better to get the outlook for gold and the precious meatals than the ceo of gold corp himself. Coming up this half hour. Talk about a tough 2013. Look at markets right now. As mentioned, the dow is off 159 points. The s p 500 is off 20 points. Near 1820. In fact, it is trading about 1821 so were well through the lows
Billion tonight. Mornings on 2 starts now. Well, good morning. Its a brandnew day wednesday, august 7th. Welcome to mornings on 2. Im dave clark. Im tori campbell. Lets get a look at weather and traffic. Quite a bit of drizzle, steve. I know weve had 6 100ths. It will be a cool, breezy day with 60s and 70s. Were getting word of a crash westbound 80 east of gilman, the police it looks like they are at berkeley and Albany Fire Department are responding. It looks like theres a crash. Golden gate bridge traffic looks good on the span. Lets go back to the desk. Thank you, sal. Breaking news from oakland. A baby boy and his father were killed in an earlymorning shooting. Ktvu news has obtained a picture of the child and ktvus Tara Moriarty joins us live from the scene of this horrific crime where grieving family members have gathered. Reporter good morning. Its been a gutwrenching morning for family members. Theyve lost a one father and his 1yearold son. About 15 minutes ago, the coroner pul