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Happening in washington and focus on wall street the capital can be a disturbing side show. The truth is, theres a tremendous disconnect between what our leaders are doing and what our stocks are doing. That really matters. On day like today with dow gaining and s p advancing. 12 to record close and nasdaq ending flat, very much in the grips of washington. Even though after you hear this top monologue, i think youll agree we shouldnt be. First complain how political news interacts with stocks in general and then drill down to the specifics. Facts. Biggest single legislative push out of of washington this year is effort to repeal and replace obamacare. Maybe thats not how President Trump wanted it to play out. I think he favored tax to promote economic growth. Did he compromise with republicans in congress . Did his allies hijack the agenda because hated obamacare so much couldnt think straight . Doesnt matter now dodge. If you he ....
A wild weather tonight around the bay area. Lightning lights up the skies, caught on our tower camera. Lots of hail. This video sent to us from a viewer. Its dark, but you can see and hear the hail falling. Take a look at this striking video from the north bay. Thick hail fell on the square in sonoma. In the south bay fans at the san jose quakes new stadium got more than they bargained for. Good evening everyone. Im katy marzullo. Families in the south san jose couldnt believe their eyes when they looked out and saw what looked like snow. It was in a few neighborhoods where the unusual wintry mix hit. Tiffany wilson joins us live with a look at what remains. Tiffany, last i saw you you were threatening drew and i with a snowball fight. I was threatening. But i dont think i can make it 70 miles up to San Francisco. It looks like a winter resort all around me. Still a lot of the hail on the ground. Earlier it felt like packing snow, ....
Gate bridge. Wayne freedman is live. Wayne . Good evening. This is a fivefold increase over the same period last year, but increase in reported accidents. That may be the key word. Last year at this time there were rubber barriers in there. And now, theyre made of metal. Since january, they telled us travels have been safer but numbers may indicate an issue in toll lanes. I was going 3, 4 Miles Per Hour and all of a sudden, crunch. Its the 29th vehicle since january 12th to report damage after hitting these new crash intin intintors. Explaining theyre no wider than the old waterfilled ones but more expensive to maintain the district spent 187,000 repairing them, and purchased spare parts over the year. There are other ones that are less compliant. Both the bridge district and patrol cite speed as a factor. John wilson was in a narrower inside lane. Was it clear to you . The way its marked . I thought it was. Also these signs direc ....
Multibillion dollar mortgage settlement deal has reportedly reached an impassion. The New York Times says the talks stalled after bank of americas latest offer of more than 12 billion fell short of what prosecutors were demanding. Apparently it fell far short, too. 12 billion isnt enough, i dont know what it would take to settle this. Take a look at that stock, down by 8 cents. In housing news, mortgage politics rising by more than 10 on the latest week. There was an increase in purchase and refinancing applications. Joe . Joining us now to talk more about House Majority leader eric cantors surprising primary defeat is cnbcs chief washington correspondent john harwood. There you are my pren. I could approach this from about ten different angles. Everybody in washington is. The establishment gop seemed to reasserting itself in a lot of different places. Obviously it couldnt do ....