Election. Good morning, and good to be with you. Im annemarie green. President biden is getting ready to deliver the annual state of the Union Address tonight. The white house says hes expected to focus on building on some of his previous achievements as he pivots toward a general election rematch with his predecessor. Cbs skyler henry is joining us from the nations capitol with what we can expect. Good morning. Reporter hey, good morning to you. The president has his work cut out for him, if you will, in terms of convincing voters of his record. Hell have the stage tonight as millions are expected to tune in, and hes looking to not only quell any concerns about his age but tout his and his administrations achievements and make the case for a second term. Mr. Speaker, the president of the united states. [ cheers ] reporter tonight President Biden will deliver his third state of the Union Address to the American People and a divided Congress Months before the next president ial election
Always glad to see you work, but stay with us, okay . Glad to see Steve Paulson as well. Hes right here with your forecast. At my age now, its just good to be seen, but thank you. Yeah we have fog, a lot of low clouds and fog and drizzle, drizzle. Its a drizzle fest out there. Big fog, bank cooler, windy, coolest day, fog, sun breezy, less fog will be in town and warmer inland. Temps will kick in friday then for sure on the weekend before it drops again. But today its all about the low clouds. 50 on those temps are 60. So a cooler pattern for the next couple of days. So all is here. All of a sudden, it got busy at the bay bridge toll plaza. Is he going back there or not . I am going back there. I do see some flashing lights there, steve, at the toll plaza westbound in the back up here. So im not sure whats going on, but there is a backup at the toll plaza for the bay bridge and just now we had a traffic hazard reported on the actual bridge westbound near treasure island. I guess a ligh
Contest after the stock is up youre 100 right. We brought the stock high 40s and 50 and the stock went up to 80 and theyre pounding their chest on tsr that it all occurred from when we got on the stock, but they were taking credit for it. Now they have to take credit for it again. Are there areas that are just off limits for you guys . I never see you come in on a Tech Companies even though there are Tech Companies that are loaded with cash but seem like the management isnt that strong. Nothing you want to do . When you put 20 of your assets in a business you want it to be a stable, predictable business. Most Technology Companies are too dynamic. You wake up and theres a couple of guys in a garage or women and theyre starting a new business thats disruptive. If you look at the kind of businesses that both of us like we like businesses that can withstand the test of time. I try to stay away from things with things i cant control. We like businesses and i think it speaks to bill as well
Me. 13 for the s p. 38 for the nasdaq. Thats. 66 . Russell 2000 down more than 1 . Lets check in with simon at the big board. I mean it is the Energy Stocks that are taking it on the chin here at the moment. That sector down almost 2 trading just above 45 a barrel on crude under a huge amount of pressure. Transocean, southwestern, chesapeake, chevron, many of those are not adjusting correction but arguably in a bear market. Bob pisani is here to talk us through the action. Slower Global Growth in china, slower Global Growth in latin america, particularly brazil. The commodities complex, new lows in exxon, new lows in chevron. Thats why the dow is underperforming the rest of the market. Conocophillips, devon energy, a halfadozen big energy names again at 52week lows. Were seeing some new lows in other commodity stocks. Groups. Ael key with a is at a 52week low. Freeport mcmoran in the copper area also at a 52week low. Another reason that were having a problem is big global companies, th
And im joe torres, Health Officials were seeing new cases popping up in the coming days. Tonight there are four deaths linked to this outbreak in the south bronx and 65 people have been diagnosed with the disease and five locations texted positive for legionella and all have been disinfected. Eyewitness News Reporter aj ross is at one of those locations and shes in monthaven tonight. Aj . Reporter joe, sandra, well Health Officials narrowed down five sites including this one as a possible source of that legionnaires cluster. We are not out of the woods just yet. They do expect cases to increase over the next seven days and tonight i spoke with someone who battled the bacteria firsthand. I was about to wait one more day to go to the hospital and if i would have waited that one day i dont think i would have been here right now. Reporter for Daniel Tejada being back in his home surrounded byname is something hell never by family is something hell never take for granted again. Now just rel