370 but did end the day lower. It was the first down day we have seen in five trading sessions well watch what happens today we have a fed meeting coming up. That will be the pla is to watch as we hear from the fomc later today. The 10year just below. 6 a month. This has been the best month for the dow in 18 years because we are coming off of march because that was the worst year for the dow in 22 years. You see these huge swings first down and then up what we are watching in the equity markets the one thing about 10 crude, every dollar it goes up, we could go back to 30 every day. Lets use the dollar every day that might not happen. Equities do seem to do better. Thats a lot of room to go. Maybe. But sooner or later, thats not good either. The move came after data from the American Petroleum institute. Showing that crude jumped. That was 600,000 barrels less than expected. We saw some wild swings yesterday all around these low levels 10, 11 14 today, as you can see market stocks gave
Storms path on doppler 7 hd. I want to show you where sit raining now. Not everyone is seeing moisture reaching the ground. As we take a look, youll see where the moisture is actually reaching the ground. Its in the north bay. As we look from clover dale towards yu kaia, were seeing light to moderate rain, eastside road taking you down to street level here, highway 101, there is some more moisture out here, but before we goat that, lets take you in tighter here, and youll see that like i said, not all of this is reaching the ground. Some is what we call verga. This is likely reaching heading towards larksspur. There is more moisture off the coastline here this, system, unlike previous ones, actually skirting the coast. So sheer what is going to happen. Computer animation showing you at 7 00 p. M. Rain in the north bay and along the coastline this, is tonight. And by 11 p. M. Some rain starts to shift inland. Mount st. Helena, we can pick up snow mixing in around lake county mountains.
male announcer live from the bay area this is the kron 4 morning news. male announcer live from the bay area this is the kron 4 morning news. Kron 4 news at 4 00 a. M. Starts now. Good morning it is monday december 1st. Were taking a look at outside from our roof camera here on van ness ave looking at San Francisco. Watching weather and traffic on this new years eve will be checking in with erica in just a few minutes but before we get to erica let us talk about the fiscal cliff we are in the final hours from keeping lawmakers from going over that so called fiscal cliff. Economist there that the combination of automatic spending cuts and tax increases could trigger a new recession. And spencer explains how negotiations today must now overcome a major setback. There will be part of it that i find disgusting rest principle which i may have to swallow in the name of compromise. Be a rare session on capitol hill. The senate will come to order. As lawmakers try to avoid the socalled fiscal
Good morning george. Good morning erica it is not a surprise were getting some reports of icing in the east bay. Arrow that is very oftentimes one of the worst in the first report black ice is san paolo and dam road west of bear creek road. There is an accident there already. It is suspected that eyes on the roadway may have been the cause. In terms of traffic on the freeways is like. Here is the bay bridge toll plaza we are seeing a rush of traffic. A four few more cars and weve seen but still light conditions for all of the bay area regions. Light traffic for highway 4 interstate 580. Thank you george knew this morning to people are in hospital after to alarm fire in San Francisco. The fire breaking out about 1 00 this morning. Let us turn to Jackie Sissell live on the scene. Pg e crews are live try to fix a gas line that was structured during the fire. You can see them duo ing the password. It looks to be destroyed from the fire. The fire broke out around 1 00 this morning and went