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Crown the world from all around the world. Our bloomberg voices are on the ground with all this mornings top stories. We begin in china, where the government signals a cash injection is on the way to ensure a strong start in 2020. At a meeting in china, the premier said the resiliency is continuing. The chinese economy is resilient. The Chinese Market is huge. We are determined to open up further. We will reach a winwin relationship with other countries, especially with our neighbors. Alix joining me on the phone is sharon chen, the beijing bureau chief. What have we learned from his speech . Give us a backup of the bilateral meeting. Sharon it basically signaled there are going to be product cuts with the amount of cash the banks have to keep as a reserve. Lending to the private sector is a huge part of the economy that china needs to shore up. It accounts for nine out of 10 jobs every year, and it comes after china already promi ....
A slight chance for scattered showers in the forecast for the weekend. Maybe a little bit of thunder and lightning. Temperatures today coming down upper 60s for our coastline to upper 80s inland. So thats going to be nice, enjoyable weather as we get into the second part of the day. Ill have a look at the current condition and what you can expect for today as well as the rest of the weekend. And were tracking hurricane hillary coming up in just a little bit. Were also keeping an eye on the traffic. Rosemary, lets show you a live picture of 880 in oakland, north and south past the coliseum. Things look good here. Were starting to see some of the earlier traffic problems throughout the bay area sort of settle down a little bit. Lets show youigayer there was some somewhat sluggish traffic by bailey road be much stop and go all the way towards 680. Lets show you the bay bridge toll plaza, which has been a bright spot this morning. Nothing major here taking no time at all to get onto the sp ....
For nvidia. Chip stocks waiting to fuel record highs for tech and options point to a big swing when it reports tomorrow. The Jpmorgan Chase ceo an nouning his retirement may come within five years. Lets begin with the markets, jim. A bit of the setup here, tech alltime high on the s p. There are semiconductors yesterday that arent even doing well or at least hinted that things are turning. Texas instruments gave a sense that the stock was just on fire. Micron on that basically capitulation call. Ive missed it. Im going positive. It worked. Qualcomm on the idea that some people are looking for their chips even though they should be in abundance. Yesterday was a day where bro broadcom, were talking about a Top Ten Company in america. I asked jensen whether he would split the stock, the ceo of nvidia. He said, well, ill consider it. Do you know what would happen if they split t ....