Berkeley youre at 56. Well, San Francisco at 55 right now. Later today, daytime highs rise into the 80s 70s for most of us this is actually a little cooler than yesterday, especially for the south bay. Were daytime highs will in some cases only rise into the upper 70s, ive got more your forecast still to come daryn. They fly 7 o one right now california is shut down again because coronavirus is surging the governor announced a major step in rolling back the reopening yeah ordering all counties to shut down indoor operations for certain. Businesses, the restrictions are even tighter 4 counties on the states watch list which includes a few right here in the bay area. This morning, los angeles on high alert and on the verge of a complete shutdown weve never had as many people infected or infectious. Weve never had as many recorded positive cases each day. And weve never had as many people in the hospital Los Angeles County reported nearly 2,600 new coronavirus cases monday. As california
Turned on and the backup quickly formed. At the live look today, no backup, no metering lights, no problems. A live shot shows you traffic flows very smoothly here and a good, manageable volume. The map will show you a little bit of slowing as you get toward where the roadway narrows and you have fewer lanes on the incline. Thats it. The rest of the bay shows a nice, easy drive, a little slowing out of the altamont. Checking on the peninsula, there may be something there. A bigger concern you have, kris . Thank you, mike. Breaking news right now, this morning were finding out the brush fire thats burning near gilroy started because of not fireworks, exploded to 1,500 acres and there are still concerns about another fire burning nearby in morgan hill. Today in the bays roz plater has the overnight temts and what we think may have started the fire. Roz . Reporter indeed. Ill show you where we are right here off canada road where the cal fire folks are staging. And to my right i just want
Take a look at the markets the dow is up. Erasing losses earlier this week to tyler now lets get more on todays job induced rallies. Wernl a risk on tone to todays market as investors shift their focus from that weaker than expected manufacturing port earlier and focus on jobs report sentiment highlighting the resilience in the u. S. Economy plus optimism building around a trade deal being reached before the december 15th deadline after china said it would avoid tariffs on some imports of u. S. Soybeans the industrial giant is looking to sell a 1 billion of its Drug Delivery system. Thats a report from bloomberg the stock is at session highs. This rebound has extended into small caps which tend to move on upbeat Economic Data the stock at the top is ulta ulta higher on earnings. The company is getting much better at containing costs stock up 12 back to you. Thank you for that. 266,000 jobs added the lowest Unemployment Rate in 50 years steve joins us now say it again. How many jobs . 5
Tk, welcome back. Tom it is good to be here. It is jobs day. Im ready to go. I had my wheaties. Jonathan is that a serial . Tom it is a cereal. Lisa had fruit loops. Lisa lucky charms. Jonathan they should come with a health warning. Lets talk about amazon and apple. Apple meeting expectations after the close. Amazon is higher by 9 in the premarket, beating a raise from amazon. Evercore taking the price target from 150 to 190. Tom amazon with the pandemic and secondguessing about there is a national crisis, we delivered the boxes, we need to died in and to what we need to do. They did. Baeza went to run the Washington Post and the new guy came in. The new guy is the first real glimpse of postcovid amazon. Jonathan evercore calling this quarter and unlock for the stock. As of the stock needed it given the doubledigit gains we have had so far. Lisa that is the reason why it is bolstering the Overall Index returns even though apple is more soggy and losing is 3 trillion moniker im looking
The upside. This is down to wall street, partly traders getting wages on that. The fed hiking rates. This whole talk of chinese stimulus is rekindling some of that risk sentiment. We are talking aboutas far as the bond market, we have a steady picture for treasuries. Weve got the 10 year yielding 4. 6 , where we were yesterday. Weve also got an open in thailand, having a look at bangkok and seeing what is at the start of the trading day. Its a by. 25 . Seeing a pushback taking place with the recent stimulus plan. 15 billion handout in thailand from the new prime minister. Some of the Rating Agency suggesting that if they dont get growth out of that, they may be looking at a downgrade. Its about digesting that, its continue to strengthen. It by nearly one barth in the last week. The fed speak, it is center stage. Speculating that the central bank will hurd well head to another pause as far as Interest Rates go. We are on track for a soft landing. Inflation has come down quite a bit. The