Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi and Steve Mnuchin are saying that they are making progress in their latest stimulus talks with time running short of
You sound like oprah. Well be celebrating in cooler weather, too, what were expecting today, a calming wind as we go into the next couple of hours and throughout this afternoon as our temperatures continue to drop. But, unfortunately, there is another high wind event well be watching by sunday into early next week as our temperatures today reach mostly into the 70s across the bay area. Well talk about this coming up. Mike, how is it looking for the morning drive . Kari, its looking like friday. Im not going to sing it like marcus because what i do is not called singing. Over to the bay bridge where your traffic is humming along through the area with no metering lights. A little brake tapping earlier. It started itself out. Green sensors and the approach. Over to the maze and the upper east shore freeway. The north bay without any problems. The south bay and hayward, 880 south showing slowing just building a bit. Thats about it. Back to you. All right, thanks, mike. Pg e this morning is
Emergency declared due to covid19 and the City Commission and chamer will is closed. The mayor and governor have issued emergency orders suspending select laws and to boards and commissions hold hearings remotely. On april 3, 2020, the Planning Commission received permission to convene remotely and pertaining to infrastructure, housing, and Small Businesses. This will be our seventh remote hearing. Further more, the Mayors Office authorized the Planning Commission to meet jointly with the recreation and Park Commission later this afternoon. I am requesting everyones patience inned a vance. The merged platforms are not perfect and at times may even become clumsy. If you are not speaking, please mute your microphone and turn your video camera off. To not hit any controls that may effect other participants. To enable public participation, sfgov tv is broadcasting and streaming this hearing live and we will receive Public Comment for each item on todays agenda. Sfgovtv is broadcasting and
Starting to taper off. Most of the day is dry. Mike, a lot of people. Light volume around the bay getting people where they need. Not really any concerns. Ive seen roadside fires. No lanes blocked and no injuries. These typically happen when its colder. There is still traffic out there. The san mateo bridge, we have a good stream westbound and eastbound over into hayward. Right back to you. Thanks so much, mike. 6 01. Our team is covering the impact from the pandemic and what is now the statewide shutdown. First to today in the bays Sharon Katsuda live in concord this morning with details on Governor Newsoms new order. And really this alarming warning that prompted it, sharon. Reporter take a look, here at highway 4, theres still a pretty steady pretty light traffic but it is steady out here. Heading to essential work. We have been sheltering in place. Now this new order affects 40 Million People statewide. During his evening News Conference Governor Newsom shared a sobering statistic
Traffic starts to slow and its backed up to about the poplar avenue exit right now in san mateo so thats a couple of miles and it continues to grow as of course the morning commute starts are ramp up on this friday morning so i definitely want to take to 18 7 not tracking any delays on the southbound direction jump over there and avoid a lane closures and this accident all together thats going to be our best alternate so far at this point the morning, switching over the bay bridge toll plaza right now were starting to see it get busier here but the drive times still looking good only 10 minutes for your west than 80 right out of the east bay across the upper deck into the freeman street exit and things are looking good and of course a little bit busier here the san mateo bridge more cars on the roadway, the right hand side, your screen. That is the commute side of course but under 15 minutes to get you out of the east bay over to the peninsula. Thats a really good drive times so far an