Well see increasing fire danger, especially for the higher elevat feet well talk more about that in just a few minutes but check out the highs for today. The 68 in con court. 63 in oakland and San Francisco. And 65 for the high this afternoon and san jose. The full forecast coming up. We are seeing some stop and go conditions as you work your way through the altamonte pass. New report of a crash on 24, on the westbound side, blocking at least the left shoulder. There you have a lot of ac thrift on scene for this one car crash, right as you get to that 580 second area. This is causing a lot of delays, looking at the sensors, as you work your way in and around that area. Lets head east of there and look at traffic. Altamonte pass, connecting 205 on to 580. You can see traffic is starting to really slow down. Its clear all the way toward the dublin interchange. A live look at capitol hill now. Public testimony in the impeachment inquiry is ramping up. Nine witnesses will testify this morn
Raid, senators are expected to work on 2020 spending on several departments including agriculture, commerce, transportation and housing. Now the live coverage of the senate. Senators are expected work on 20 20 spending on several departments including agriculture, commerce, transportation and housing. While we wait for senators to return, look at remarks on the senate floor dealing with impeachment inquiry against President Trump on the whistleblower, alex the house of representatives continues its impeachment inquiry into whether the president jeopardize National Security by pressuring the york rain to interfere with our elections, the white house , their allies in congress and the media have resorted to despicable tactics to falsely discredit individuals who have provided the house testimony. Yesterday Lieutenant Colonel alexander. Men serving on a detail in thewhite house testified before congress. In ltc vindmans testimony was announced and especially in the past 24 hours hes been
A packed arena in orlando, florida, touting the strength of the u. S. Economy. Our economy is the envy of the world, perhaps the greatest economy weve had in the history of our country. Maria more from his big rally last night, weve got a lot coming up on that, stay with us on that, cvs and viacomm, look t what the deal can mean. Instagram post thats causing a lot of buzz in sports today, mornings with maria begins right now. Maria would you make a knew before you knew the Federal Reserves intention, thats what the investment is doing this morning, waiting and watching, key Interest Rate decision at 2 00 p. M. Eastern today, yesterday President Trump commented on head of central bank jay powell indicating a potential demotion. Watch this. Lets see what he does. I can tell you that droghi is the eu, they have a much different stance that our folks do. As you know, he did something today that was very dramatic and frankly helped that part of the world, we will see what happens, they will
Ashley thank you, charles. Im ashley webster, stocks are slipping as we kick off the final hour of trade, where we finished the day, the doubt up to snack a 3 day winning streak, falling below 39,000 as you can see, 200 points, the s p, nasdaq on pace for a second day of declines in a row but keep in mind all three major averages remain within striking distance of records, less than one below alltime highs. It is all relative. Rising bond yields putting pressure on stocks, 2 year treasury yield is the highest level in three weeks, 6. 3 basis points, 10 year treasury yield rising for the fourth straight session, 4. 3 as the market digests a wholesale inflation report. Investors in spring their timeline for rate cuts and the potential for a higher scenario. We also have retail sales, the report came in later than expected but at least sales did rebound after a steep decline in january. One retailer thats firing on all cylinders, dicks sportinggoods, stand out retailer on this session, up
Anticipating a reacceleration in inflation. Im just happy tightening is over. The economy is on a cooling path but it is a gradual path. This is bloomberg surveillance with jonathan ferro, lisa abramowicz, and annmarie hordern. Jonathan the most important hour of this morning begins right now. Good morning, good morning. Your equity market on the s p 500 positive one third of 1 . 30 minutes away from ppi, jobless claims, and retail sales. Lisa will it change anything . Ultimately i want to see if the market cares. How much people start to realize theres something greater under the hood then we are pricing in. Jonathan they can have a conversation about a Balance Sheet doing something about qt. The risk event for a lot of economists is whether those three cuts implied by the median dot drops down to two. Which would track the market in the direction the market did not want to go. Lisa and if jay powell does not sound as rosy about everything, it may be is concerned financial conditions