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KPIX KPIX 5 News At 6am July 12, 2024

Meteorologist mary lee. Good friday morning, so grad we made it to the end of the work week and the weekend is almost here. We are looking at cooler conditions for today, on shore flow kicking in with a bit of fog along the coast and around the bay this morning. Temperatures are still chilly in the 30s, 40s, 50s. San to rosa is down to 37, 46 concord and livermore, 54 in oakland, low 50s in San Francisco and down to 49 in san jose with clear skies. As we head through our day, mid to upper 70s inland to low 80s, mid to upper 60s about to 70 right around the bay and low 60s for the coast. Well talk about the all important weekend forecast coming up in a few minutes. Lets check with gianna, tracking delays on 880. Weve got brake lights north 880 around 23rd, 29th where on going construction is we typically see overnight. They were hoping to have lanes open by 6 00. However it is running a little bit late. Cal trans is on scene with th ....

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CNBC Power Lunch July 12, 2024

Month of september, strong Consumer Sentiment numbers to go along with them. And later, gilead pushing back after the World Health Organization says the drug remdesivir does not prevent death in coronavirus patients. Weve got the latest details as power lunch starts right now thank you, ty. The markets are marching back after a few down days. Dom chu has more on whats moving decent sized gains but off the high of the session. We are up 243 points with the dow at the highs of the session, up roughly 348 points. You can see there, yes, still strong gains but not nearly where we were earlier in the day. The s p has reclaimed that 3,500 mark, the nasdaq only up about one third of 1 . The leadership in terms of the s p 500 has been in one week industrials and technology, both up nearly about 1. 5 meanwhile, the biggest laggard off nearly 2 is the real estate sector ....

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FBC Varney Company July 12, 2024

Emergency use authorization to a new virus treatment using plasma from people who already had over 19. Its called convalescent plasma, it reduces the rate significantly in one big study. Investors love the positive news on the virus and with new cases in america trending firmly down we have a monday morning market rally, the dow industrial is up 270 points, s p up 28 and look at that nasdaq, were looking at again at well over 1 , 123 points for the nasdaq. This is very much a big tech rally all over again. Apple stock premarket, well above 500 bucks, Morgan Stanley says it will fight 20, 30 at 512 getting there fast. Look where it is now come up another 75 bucks, 2125. Will bring you the rest of the big tech news and a moment. Just as the republicans began their convention, joe biden brings blockbuster news about the virus, he told abc news that he would shut the economy down all over again if the
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CNBC Squawk On The Street July 12, 2024

U. S. Cases do continue to decline. The fda gives the go ahead for plasma use in hospitalized patients and a potential vaccine fast track and tech on a tear. Shares of apple up nearly 75 this year ahead of its four for one stock split today. Jim, we have all that to handle and jackson hole this week, the rnc and couple tropical storms in and not a sleepy august it should be a sleepy august, and its not august supposed to be a down month and its not people say, wait a second. 70 of the market didnt do well last week. I always find those kind of things because 70 of the market does well this week. You dont have a bunch of anything to hang your hat on when you look at a big apple price target increase basically to where the stock is you realize, wait a second shes the first. But will everyone have to follow every price target is below where the stock is a lot of people feel enthusiasm for the stock split. Of course, that is part of it. I know stocks mean nothing but they excite people she ....

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CNBC Squawk Alley July 13, 2024

Immediately. Is that the case can you comment on that . Didnt quite characterize the conversation correctly, but to the larger more important point, we are happy to continue the conversation with the iraq is about what the right structure is weve been there to perform a Training Mission to help the Iraqi Security forces be successful and to continue the campaign against isis. Were going to continue that mission, but as times change and we get to a place where we can deliver what i believe and the president believes is a right structure with fewer resources dedicated to that mission, we will do so we also have today a nato team thats here at the state Department Working to develop a plan which will get burden sharing right in region as well so we can continue the
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