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It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl ....
Yesterday carl was a discouraging day for a lot of people who have been chasing momentum because last week was maybe one of the best momentum weeks i can recall since 1999, which meant that if you bought it went higher and how much fun is that . Yesterday was the day that you bought it went higher and then you got crushed. So i think that usually takes a couple days of reset where maybe you can after stocks that arent as hot, say, as tesla. So you would focus, say, on Something Like the banks ive been through the banks and i know dave and i talk about this all the time, they are incredibly complex beasts, they are not like, oh, tesla, hot and when i first went over them i thought they looked pretty good but already theyre reversing. This is not an uncommon pattern as people find one line or two line that they dont like and then they sell these stocks. David, its happening once again. You know that these banks could have had litter ....
Created 4. 8 million jobs, and that is much stronger than expected almost every single sector improved, bringing the Unemployment Rate down to 11. 1 . Isnt that the kind of news that makes people want to buy pretty much anything . Then the rally did taper off near the end of the day. The dow only dwayne e gained 92. Those are big numbers, but we got spoiled, didnt we what do these numbers mean what reflects the state of the labor market in the middle of june how does it impact your money . First, you need to understand that were still nowhere near where we are before the pandemic struck we still have a lot of ground to make up. The economy was smoking hot. I, however, think its a legitimate comeback. Its a legitimate comeback and a comeback gives you more latitude to buy stocks that depend on a healthy economy, not just an unhealthy one. But these are before the latest outbreak thats forcing many stocks to go back into lockdown ....
Good morning. We are going to have one more Beautiful Day for the bay area starting out for a mostly clear sky. Were heading over to willow glenn to check out our temperatures for the day. Were starting out with cool weather with some low mostly su once again going into this afternoon. As we reach into the mid50s and then look at our highs for today expect it to reach into the mid to upper 60s. Well see some lower 60s in parts of the north bay. Ill have more on this and well talk about that much expected weekend rain coming up in a few minutes. Mike, how is it looking for the Early Morning drivers . Its looking exactly as we expect. The map shows youll have green sensors all around the bay on the freeways. We did have reports of leftover work after a crash. I think in the last 90 seconds chp cleared that from our maps. Well check on that. Another issue may be going on in the no ....
Very strong downpours and as we go through santa clara, cuperti cupertino, more rain through saratoga and up towards fremont, fremont boulevard into newark, looking at a pretty soggy start to your sunday. Pleasanton and livermore, 580, rain. Lighter rain through berkeley, kensington and richmond. Heavy showers from napa, moving into around American Canyon highway 12, just over the watter there, highway 37, sears point and very light shower activity scattered from guerneville, through dylan beach. Santa rosa is quiet. Light to moderate rain today, storm impact scale of one. A chance of a thunderstorm, gusty wind. At 10 00 we have heavy rain in the north bay. Through the noon hour it sinks south and east and were looking at a soggyernoon from1 00, more ewnast bay, a break later on this evening into the overnight hours, but weve got more rain for your monday. Well detail that in a few minutes. Liz . Thanks, lisa. As of this morning, ....