Around. The dow took a steep dive of nearly 200 points yesterday with the rest of the market following cu with the exception of gold which gained 18 per ounce. Potential Market Movers today will be gdp numbers and earnings. Last night facebook shares soared more than 12 after beating analyst predictions. And, lenova is set to buy googles motorola handset unit for 2. 9 billion dollars according to reuters. Todd horwitz of average joe options joins us now to talk about the fed fallout. Good morning. I like to call you dr. Doom and gloom but you pegged it right. Good morning angie. Yes, the fed did come out with their tapering announcement but i think the feds a little bit concerned here. I think their unintended consequences of the entire program is starting to show up through all of the markets including the emerging markets. Exactly. Which leads me to the turkey situation and the other emerging marketswhat do you think is likely to happen here . I think theres a good chance that theyre
Rosa, 29 in napa. 36 degrees in fremont. And 39 degrees in san jose. So even inside the bay we are seeing some cold temperatures and probably colder over the next hour and a half or so. So we have freeze warnings up for almost the entire bay area for this morning and again i think a colder night overnight tomorrow night and into tomorrow morning. Thats when well see some very cold temperatures around the bay area. Highs today are still going to only be on the chilly side. It will be sunny and bright but these numbers only in the 40s and the 50s. We want to go out to kiet do in fremont now in the middle of the cold. Reporter i hate being cold so i thought hat, gloves, jacket. Here we are live in fremont. The coldest part of any city it seems is the top of a bart platform. Here at 5 01 a. M. It is 37 degrees. Thats an improvement. It was 35 degrees a couple of minutes ago. We have footage of people getting ready for the cold weather. We have been beating this drum all week long warning p
Shes live in san rafael and is telling us its been raining off and on there for several hours. Reporter were in downtown san rafael where its raining right now. People are out and about. And theyre preparing for the storm even though the storm is not expected to pack a punch. These sandbags are staying put. They say the storm flooded sunday morning and hope this round of rain will not cause any additional problems. Are you worried about the afternoon . Hopefully it wont be that bad. This is where we keep all our rain boots, rain suits. Reporter inside the store theres whats called a rain room. Tonight some shelves need restocking. Theres been a shortage on tarps and repair supplies. They will wait, when it happens you will see them comeing in in droves. Reporter this Kindergarten Teacher says hes learned his lesson hes finally bought his rain gear tonight. Got really wet actually. So much i got sick over the weekend as well. Just being out and about. Reporter we saw the Thomas Family p
Home. It was destroyed by a fire overnight. You can see the home completely gutted. The fire started at 2 a. M. In the casa alondre Mobile Home Park on monterey road. Firefighters didnt find anyone and neighbors dont think he was home at the time of the fire. We have Live Team Coverage of the freeze warning. Cold temperatures gripping much of the bay area. Kiet do live in fremont where temperatures are in the 30s. But we start with lawrence karnow. He means business with a turtleneck on in the weather center. Throughout the day and the next five to seven days these temperatures are going to be chilly. Out the doors the skies have cleared out. The winds have started to subside. We have seen some very cold temperatures. Freeze warnings up for almost the entire bay area. Overnight lows in the 20s and 30s. Throughout the day temperatures not going to be a whole lot warmer. Starting out at 29 degrees in santa rosa. Get a little wind now in napa so up to 36. They are briefly down to 24 early
Pounded the region about 10 days ago. Good evening im frank somerville. And im julie haener. Were back on team coverage. This system could slow your morning commute. Amber lee begins our coverage. Shes live in san rafael and is telling us its been raining off and on there for several hours. Reporter were in downtown san rafael where its raining right now. People are out and about. And theyre preparing for the storm even though the storm is not expected to pack a punch. These sandbags are staying put. They say the storm flooded sunday morning and hope this round of rain will not cause any additional problems. Are you worried about the afternoon . Hopefully it wont be that bad. This is where we keep all our rain boots, rain suits. Reporter inside the store theres whats called a rain room. Tonight some shelves need restocking. Theres been a shortage on tarps and repair supplies. They will wait, when it happens you will see them comeing in in droves. Reporter this Kindergarten Teacher says