Have nuclear capabilities, it is nearing that milestone in the nuclear arms according to the pentagon. I want to get Market Reaction from abigail doolittle. We were much higher before this report. How are we thinking . Abigail we are right around where we were before those headlines. The s p 500 about. 25 . The risk on rally we have seen in august, the s p 500 in august up about 7 . Itre we are really seeing for tech stocks, the nasdaq 100 putting in another alltime high. At this point the nasdaq 100 up almost 1 ,. 9 . Not surprisingly, this has everything to do with apple, up 2. 6 . Yesterday climbing after it split, investors liking its postsplit facelift. There is a four for one split. Now the stop is around one hundred 30 as opposed to 500. The value is not different, but the optics may be more attractive to retail investors. Bloomberg put out an exclusive report about the fact the company is preparing an iphone blitz for this fall, targeting 75 Million Units to be sold. Perhaps th
For joining us. Im laura garcia. Im marcus washington. Mike is keeping an eye on our commute for us. First kari hall with a forecast on what we can expect for today. We are starting out with low clouds, but we will clear out and it will be a nicer day ahead meaning cooler temperatures, as well as a light wind. Now were still dealing with the smoke drifting in at times, especially once the morning clouds clear out. And so were looking at temperatures here in walnut creek in the upper 50s reaching into the 70s as we go into late morning. Mike, youve been following a couple issues out there for the commute. Yes. Still over there in the east bay, kari. Hayward into union city. Lets look at 880. The nimitz freeway the second and third crashes of the last 45 minutes now block your right lanes southbound and jammed up to about fremont boulevard. Tow trucks are en route. Im told a total of six vehicles that have to be cleared. Well track that. The only slow drive right now, laura. Back to you.
Good morning, i am dave clark, mark tamayo is right next to pam. He is right here and telling us more about hurricane laura and our weather. Good morning , mark. Good morning, our forecast is very stable, minor changes of course. The hurricane laura, a major category four storm that made landfall earlier this morning, late last night to early this morning. I am showing you this as we take a look. It made landfall as a category four storm with winds over 150 miles per hour. We will be watching out for that all day long. In the bay area, the current numbers are 50s. San jose is a warmer spot. This is a live camera. Here is the plan this morning, low clouds to start of the day, and easy sunshine. Forecasted highs should be a little bit warmer than yesterday. Temperatures should rebound by a few degrees. A closer look at your forecasted highs and a few minutes, so lets check in with sal who was standing by. Hopefully the roadways are looking okay. Good morning, sal. They are looking fine,
We will be standing by for that. Looking at the markets, stocks rising to the highest level since february. This as a number of stocks including amazon and zoom continuing to rise because of extended shelterinplace and work from home orders. More earnings out this week, watching microsoft, intel, tesla as new cases are being set in states across the country including the first death of a child being reported in minnesota. This as the president , governors, teachers unions and parents battle it out across the country over whether or not schools should reopen. You have got u. S. Lawmakers starting to put together another Coronavirus Relief package this week. That is what our next guest is here to talk to us about, the cofounder of aol and the chair of revolution, with a new oped in the washington post. He talks about what congress should be focusing on. Start with your headline. You say the prepandemic economy is not coming back, not coming back ever. What about the new economy will be d
For post storm rescue missions and lay the ground work for the long term recovery effort. The fema organization will do quick assess many try to find out where the most damaged areas are so we can get the teams out in the street and do much good quickly. Time zest essence. Reporter millions of residents here continue riding out the storm, many others headed for the mainland. They say they didnt want to leave their homes but they are putting safety first. It was just time for to us get off. We didnt stay for maria. Disastrous situation for the island. It will destroy some homes. Reporter right now the destructive winds are causin the most damage but in the followup to this storm there could be major flooding, storm surge of 9 feet and potentially deadly mudslides. In san juan, puerto rico, steve harrigan, fox news. And so here at home philadelphia sizeable Puerto Rico Community is watch and waiting for word from familiar and friends on that battered island. The fair hill section of cour