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Good morning and welcome to do regular. Lets get to the top stories that set your agenda. Asian stocks fall in the wake of big tech declines on wall street. Traders stand by for a big week of centralbank decisions from the u. S. , the u. K. , japan, all around the world. We are bringing you the best analysis on Bloomberg Television and radio. The United Auto Workers bit union except a pay raise. The strike gets the big three u. S. Carmakers as they enter a new day as the team from the white house moves to detroit. Plus, as World Leaders gather for you u. N. General assembly, and Linda Burbach tells bloomberg they will end their reliance on china. All investors really bracing for what we will hear out of the centralbank decision. The ecb already kind of rock ....
It has accelerated to some extent, particularly in the nasdaq, down by nearly. 5 of 1 . We have been watching outside of the stock market. In the bond market, selling the cost the curve. It is acute on the longer and as we see a steep increase in the 10 and 30 year yield. Six basis points and seven basis points, respectively. That is having an effect, a feedback affect on certain segments within the stock Market Real Estate and utilities, namely. Lets talk real estate. This morning, we got singlefamily homes and Housing Starts at the strongest case in a decade. That means a lot of supply, even as it can be a good, strong read and healthy read on the economy. We saw a residential start to 3. 2 . In particular, supply of apartments are ample. We are seeing apartment builders and owners on the decline today, also hurt by the increase in yields. Also, if you look at the homeb ....
Laura anthony is with Christian Spencer and well look at the forecast. Ama, as you pointed out, its wet and its going to get wetter in the season. We have a ring around San Francisco right now. We have south of San Francisco, moving on to the peninsula across the Santa Cruz Mountains over to san mateo, east bay, fremont and livermore and byron we have rain. Its a little misty around San Francisco but a steadier rain hasnt hit the city. Heres our forecast animation starting at 4 00 p. M. We see the rain become much more widespread and heavy downpours. Overnight, the entire area will be blanketed by rain. This storm for tonight and tomorrow ranks as a roads are wet as the storms move through the bay area. L ....
And, the changes are starting tomorrow. But its another nice sunrise. Additional high clouds certainly help. But what is there, is very shallow. Everyone is coming in our direction. Heading to the bay right to the estuary. So zoom on out of there. Theres a lot out there. How about that . Its not that cold. Jim at the san rafael yacht harbor. Amazing sunrise. Photo taken from road. Lets keep it there. Cottages a point race. Cottages of points race. I will say. And, we will see him arriving late saturday and its going to be another mile day. And, sfo is at 62. And theres a big reason for the south bay temperatures. And, one option, look at bonnie 68 warm degrees, and the meteorology department. And, a few high clouds in the mix. And, another hazy sunny and warm day. 7 02 am well, we have some problems in many commutes. We have slow traffic and in the south they also on the peninsula. We start off with the east bay because its getting thick here and coming into the macarthur maze and gett ....
Fox 29 news in hd brought to you by xfinity the future of aweso awesome. Right now get ready for the coldest night in months. Heres live look from south philly to night after a cooler day the temperatures continue to fall tonight. People already out with long sleeves in haddonfield, new jersey tonight. You may want to get a jacket ready for the morning. Going to be chilly out there. Good evening, im iain page. Im lucy noland. The tears fall fierce fall is here. Scott williams tracking how chilly well get for your morning. It look like that fall preview is going to continue. I mean lucy and iain, it was chilly this morning across the area. Take a look at some of the low temperatures. 48 degrees this morning in the pocono mountains. We had 51 in reading. Philadelphia 56 degrees. So some of the coolest air weve seen since early june across the area, and tonight i think well beat some of those numbers by a couple of degrees. Here why. High pressure in full control. We have clear skies, win ....