This after a day of trading that saw s p 500 hit another alltime high, second straight day of record. Meantime investors are cautiously awaiting upcoming earning season with 80 of s p 500 Companies Reportedly cutting earnings forecast. Joining me research chief macro strategist lenor hawkins, what is driving the market to plus side if you watch the bond market, 10year yield falling and closing below 2 yesterday and then you this percentage of s p 500 Companies Cutting their earnings forecast . This is really all about the fed in the hope that easy money will keep prices going up because this has nothing to do with fundamentals, if you look at what happened at first half of the year, s p 500 rose 17 , the strongest first half of the year since 1997 but if we look at earnings, if we look at whats going on with the fundamentals, earnings declined 4. 4 for the s p 500 for the First Quarter and expect today decline negative 2. 3 in second quarter, you have prices going up while the actual r
Say it is prime day. Amazons big shopping day. Leyla gulen is here and meteorologist mike nicco talks about the warmup. Especially inland. Be ready. Live doppler 7 hd shows a few runs. The radar is bouncing into the hills over san jose and the wind farm north of antioch. Maybe some drizzle along the coast. Back toward San Francisco you can see it is cloudy. We are starting off at 56 to up to 82 and sunglasses needed. 90 inland. The heat will linger in the profit and an update on the chance of a thunderstorm this weekend. On the road this morning we have word from c. H. P. They are going to shut down a road because of a big rig on its side. The macarthur maze shows an early crash when 80 to eastbound 588 and it is cleared. We do not have lanes blocked. In walnut creek, southbound 680 is showing the traffic still light away from pleasanton truck. Police want the publics help for an articled robbery that held up a popular most come to buy baked goods but an Armed Robbery held up the two c
Here is what c. H. P. Told me hand. He related, there were problems getting food and said he had problems eating the food and it cause him to drift off to the right shoulder and hit a light pole that fell into the road on the ramp. From the hacienda onramp to eastbound 580 and the truck rolled to its side. The driver said he may have lost consciousness from the food incident but crawled out of the truck and not injured. After all of that another driver hit the poll across the onramp to pop the tire and had to have her vehicle towed but that people is off to the side. And here is something unique that even the officer has not seen before. The Tow Truck Company is using airbas to prop up the truck and push it upright and then they will be able to tow it away and hope to have the onramp open by 6 00 this morning. I wondered what that was, matt. Thank you for explaining. Alexis smith and tracking the impact on the commute. I thought they were siphoning the fuel. Okay, thank you, matt. I wi
Truck company and c. H. P. Got it all cleared and when they are ready to leave and when they take this truck away, hopefully they will open up the hacienda drive onramp and everything will be back to normal. Thank you. Now over to alexis to see how it is impacting the commute. I have been fascinating just watching the video from matt and the crew. I have never seen those airbags used before. It was really great to minimize the damage. Traffic wise it is not huge. It not impacting the main line and eastbound 580 is the light are side of traffic but the opramp is still closed and should be i opening they time now, but right now it is not causing major problems. A look at the bay bridge, if you look under the street lamps we have a lot of mist and drizzle and hearing about a disabled vehicle at Treasure Island on the inbound side. A closer look at that next. Meteorologist mike nicco is in the Weather Center and you are say this is an appetizer for the friday morning commute . Yes, a small
We will tell you how people are preparing their homes and how chp is getting ready for a busy morning commute tomorrow. Bob dylann. You will be hearing a lot of him because he was awarded noble prize for literature. Its almost a shame to talk over the lyrics but i have to mention that this picture will change by this time tomorrow. Highway 4 is slow but moving. Tomorrow it is going to be slick. There is a pretty decent storm coming. We are preparing you today so you arent caught by surprise tomorrow. Welcome back. We have a busy thursday already on this october 13. Times are changing. Good morning. I am dave clark. Lets check your weather. Look at the projections with the first system and it looks like maybe december or january timing. It will be potent for this time of year. By this time tomorrow, heavy rainfall. There is a chance we can have urban and small stream flood advisory just in time for your morning commute. Today it is fairly quiet. We will bring in a chance for showers in