For a closer look at the economic fallout from the coronavirus situation. Steve is dig through that right now and wee chell check in wit. Kelly. As mentioned the nasdaq was heading back to its record high, but now its under pressure. Down about. 5 at last check. Bob. Its under pressure because the mega caps are finally underperforming, its about time in the is all part of that broad evening o broadenning out of the market. You can see it again today. Whats outperform something whats doing better . Stuff that wasnt doing well a month ago. Weve had double digit gains in some of these banks. Fifth third up 15 so far this week. All of them are up double digits. Look at the retailers, nobody cares about macys or nordstrom. A few people are trying to do something. Some of these stores are up double digits. Gap, kohls, all up in the is for the week overall. Same thing with industrials. These stocks were not market leaders a little while ago. American, theyve had a great week. Theyre all up do
Livermore and the south bay commute is off to a good start. Its 4 00 and lets go to the desk. New this morning, two are in custody after hitting a San Francisco police car in the twin peaks neighborhood. At 9 30 last night, police said a driver intentionally hit their marked patrol car. The officers were not injured and they realized the car matched the description of an suv that had hit Homeless People earlier in the Haight Ashbury district. We made contact and the pedestrians were struck on the street. Two were Homeless Individuals that received nonlife threatening injuries at this time. Police said as the car drove off, it hit a building and we have no report on the condition of the pedestrians or the passengers in that suv and the driver received minor injuries. China and south korea have new cases of the coronavirus, raising concerns that its reaching a pandemic level. Hours ago, china announced another 550 new cases, including 71 deaths. Overall, nearly 78,000 people have the vir
Now, here is sal, who will help me out here. Yes. Highway 24, we are going there and it looks pretty good so far if you are waiting to get on the roads. The commute on 80 and the Early Morning commute, there are a couple of delays. Traffic is moving pretty well. 4 31 and lets go back to the desk. Students at Mcclymonds High School are going to three different schools in oakland this morning. The Oakland Unified School district close to the campus after a toxic chemical was found in the groundwater and the district is warning parents it could remain closed for two weeks. The closure has many Mcclymonds High School students concerned because they are missing valuable time in the classroom. We have school work. We will be way behind on stuff we should have been learning. We have them doing assignments at home and we hope not to have lost too much in the education process. Students will not be punished for late assignments and ninth graders will attend classes at the Ralph Bunchie Academy
78 degrees. Get out and enjoy it. What else will you do . Sal has an update on traffic. Traffic is doing okay if you are driving on most bay area roads but except for the approach to the Altamont Pass, 205 and 580, no major issues but it is getting slower. Driving through livermore and Castro Valley, it looks okay and no problems on interstate 880 and the commute looks good driving past the Oakland Coliseum to the bay bridge. Its 5 01 on lets go back to the desk. The San Francisco police are in the early stages of investigating two separate incidents involving the same suv. It started when police said a driver hit a homeless person and then hit a patrol car. Sara zendehnam is live in San Francisco with more on that. Good morning. Reporter good morning. There are two different scenes in this situation and the first one was on haight street and ash barry with the markings along this sidewalk stretching all the way down the sidewalk. This is the route of the car and you can see damage. Th
And their safety. So says a whistle blower whos now dead. And he left a note of the, so i want to start by asking you a question really whats with this mad dash, all of a sudden to cancel tick tock. Why is the social media platform suddenly the new boogeyman and the country . Okay, heres the official reason, i guess that theyre giving us. It all comes down to china. You say lawmakers another government, a patricks in places like the United States and Great Britain say that theyre concerned, but take talk at its Parent Company by dance. Maybe using tech talk to take are sensitive user data like location and information and then use that against us. Heres the problem with that. By the way, thats something that as we have reported is already taking place. And you know, whos doing that already. Medius of social media sites here in United States. So you know what much of the polite are and the conversation sounds like to me when i hear some of these old guys complaining about duck. But usua