S p off by 13. Yesterday we saw a swing of 400 points or more we were up by 100, 350 i need more than 140 to get worried . No, thats a yawn at this point. 0. 6 at this point if you think back to all of last year watching, if it starts down 140, you could look away, look back, be down 800. You saw what was happening with treasuries. Lets look at that board once again. Looking at treasuries, these are the yields, the tenyear yielding 2. 831 . Stepping back from the 2. 9 it crossed yesterday. Check out the twoyear, 2. 069 look at europe thats where the markets are open for early trading at this point it looks like no, no back that up asia closed, but the nikkei down by 0. 6 hang. Shanghai up by 1 in europe, you can see active trading now, at least at this point things are relatively mixed ftse slightly higher but declines of a quarter percentage point for the dax in germany and the cac in france. Earnings still coming in this is a big one. Pepsico reported 1. 31 for the Fourth Quarter, a
Now, im here. Reporter what do you know about the people shot . I heard one is dead and three got shot, including a son. Reporter that man tells me the victims are a family, a mother, father, and son, they believe is younger than nine years old. The body of the victim is still here at the scene. And investigators are right now here questioning neighbors and gathering evidence. Well have more information for you as it becomes available. Im allen wong reporting live, abc7 news. Thank you very much. And breaking news now from the east bay. The case of a missing woman in hayward now a homicide investigation. A 22yearold disappeared saturday night. Last seen at a party near jackson street in hayward. Police believe aguilar was murdered but theyre not revealing why. She has not been found. Police say they have not arrested anyone at this point. Were hearing from the son of a man just released from prison for a crime he didnt commit. The son talked to abc7 news about the ordeal his family has
Opened fire in a car parked in a family driveway. Four people were hit, including a child, one of them is dead. Lets get to allen wong live from the scene. Allen . Reporter ama and dan, this is an active crime scene. If you look over my shoulder you can see a blue canopy covering a car that is pocked with bullet holes. This happened just off of sonoma boulevard. Lets take a look at a video of a man shot just before 4 00. Were told one man is dead. The man in this video, in serious condition. A woman, shot in the arm and a young boy, nine years old was grazed by a bullet. A neighbor tells me they were in their vehicle when the car was riddled with bullets just before 4 00. Most of the crime scene markers represent casings from bullets. I was outside and heard rapid gunfire. I just came here right away. Now, im here. Reporter what do you know about the people shot . I heard one is dead and three got shot, including a son. Reporter that man tells me the victims are a family, a mother, fat
Has got this right in this ultimate game of chicken for your money . Which do you believe, which markets, guy . Maybe everybody has it right. I thought the market would fall 20, 25 and here we are 50 handles later and what scares me about the market is a couple of different things. Vix down 6 with a 13 handle. Over the last two years or so, thats been the bottom, give or take in the vix. Transports seemingly rolling over over the last week or so so i wont make a big deal out of it yet, but they let us out back on january 20 to the upside, right, and the bond market is so stubbornly big, right, that the tenyear yield is still below right around 1. 8 and all those things concern me. With that said, theres seemingly no stopping the s p right now and some of the stocks we talked about with momentum, home depot, cocacola, timmys mcdonalds continues to perform. Im long coke and long mcdonalds. Im long names like this that i think are safe investments and you have to think about where we are.
Current consensus, but retail will be the theme of the day, whether the consumer is back in a big way, whether it is a game changer and what that means for the market and the economy and Everything Else. I know well be talking about it it at noon. Were going to get our last word. They can talk about it for just one second and not that long because weve only got a minute and well talk to Henry Blodget and curtis artledge. You asked a question about jc penn penney. Maybe they can raise more cash, but theyre running out of cash at this point. They dont have that much left. You have a final thought on either jc penney or more importantly, the markets . I think todays entire discussion has been about the early stages of confidence building and we get past these two gigantic minefields of fiscal cliff and sequester. We start to see m a pickup and retail sales and theyre willing to spend money because theyre more scared about their job. We see Capital Expenditures and people starting to plan