We did get japanese factory orders which were disappointing down 7. 8 in may they were expected to fall only 5 were down full 1. 5 as you can see in hong kong a little more than that in shanghai 2. 6 . European equities are lower, down around about 0 where do we look on the screens 0. 1 there we go, down 0. 2 in france, italy holding on to slight gains we did get some better than expected german Industrial Production data up 0. 3 in may. It was expected to fall slightly treasury yields back about 2 . Similarly the german yield is back above 0, negative 0. 4 and were up 0. 23 . Deutsche bank announcing it will pull out of Global Equity scales, scale back Investment Banking and slash 18,000 jobs as part of a Global Restructuring plan you have been following this story obviously throughout the weekend. And i thought your comments earlier with dom chu were interesting. You sort of term this as ripping the band aid off. Finally. Perhaps a little too late. Finally exactly. So 18,000 had cut
For republicans, the house passed gop bill to overcall the nations tax code, mike pence praised the move. America has momentum. People at the Tax Foundation in order to turn this momentum into sustained Economic Growth you know theres one more policy more important than anything else. Donald trump and i will be fighting every day to pass the largest tax cut in American History and we will do it is your. Maria the Senate Finance committee voted in favor of its own bill, lawmakers facing an uphill battle, the full senate expected to vote on the bill a week from monday. The house built didnt stop surging, indicating a full back at the opening of trading after triple digit move yesterday, the industrials opening 30 points, fractional bill, nasdaq is up by a fraction. Donald trump tweeting on passage saying great numbers on stocks and the economy if we get tax cut and reform, we will see Great Results in europe major averages look like this, it is a mixed story. The s p down a fraction, the
Our hill peaks as we get a look at whats happening near mt. Tam. That little cell thats over that richmondsan rafael bridge was just over mt. Tam producing light snow and a wintry mix. That has since moved a little bit off towards the east. As we go down the peninsula we are seeing some light rain, but notice that pink. Thats a wintry mix. We are also seeing that producing some light snow along 35. Is that skyline, mike . Yeah, skyline. So we are some of our elevations a little bit higher up getting some light rain and some snow. So i will talk more about this and when we could see spotty rain. Thats coming up in just a few minutes. Mike, you are expecting a lighter commute today. You said skyline for that wintry mix, usually we find that in the salad section. Thats spring mix, sorry. A smooth drive easy expected for today because it is a president s day holiday for many businesses and most schools. We are looking over here for eastbound 580 getting out of the area, livermore in toward
Wagers made sure the homeless he knows by name will make it through the night. We are out here trying to save lives. It is so cold. It happens so fast. People come out and they are often selfmedicating. They dont see it coming. Reporter as the cold weather swept through underneath this massive interchange in san jose, tony bonita was hunkering down for a long night. How are you going to stay warm tonight . We are going to wrap up. We have a tarp around our tent. Then we put blankets over that. Hopefully the wind wont penetrate inside the tent. Reporter it was last week this homeless encampment was swept clean and campers evicted. Some have returned and their fragile tents and makeshift stretchers will be tested tonight. So will the will of those who choose to stay. Is a better to be at the shelter . If we get in, yeah. Reporter there are options tonight. As a rule, when the city calls for inclement weather, Warming Centers remove the lottery system and taken all visitors. It is not g
Res. Boulder creek, a wintry mix, light snow, all colors here on the radar as yyou head out the door near the bay area. Santa rosa 28 degrees, our highs today all across the board in the low 50s. So more on this and the freeze warning in effect for tonight coming up and, mike, you were saying not many commuters right now, but you do still have that traffic alert. I do. A warning for folks heading out of our area and also through our area, kari is talking about that snow coming down in this area so be careful. Watch skyline, 92, the Santa Cruz Mountains. An easy light drive because it is a holiday for most businesses and most School Districts as well, but we are looking over here toward eastbound 580 at 205, that connector is currently closed because of an Early Morning crash, a semi went off of the roadway, chp says standard procedure theyre closing things down in order to move that from the roadway but getting in through the area your commute moves just fine. No delays. Really great t