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Looking out at our fog tracker yeah, theres definitely not as much of it to be talking about but there are a Little Pockets of it so do watch for that the densest a fog is actually out towards the Central Valley, this morning. Temperatures are in the 30s and 40s livermore youre at 39 degrees right now oakland, you may not be in the 50s like you were yesterday but a lesion on the 30s here 46 right now Napa Petaluma nevado san Anselmo Santa Rosa and santa lena, all down in the 30s as well in napa you are cool spot this morning at 35 degrees. Were all above freezing at least, but it is chilly side say bundle up get that extra layer on as you venture outside now of course as you venture outside this morning got to know what to expect on the roads it was a little calm ....
Commentary plus back off the worst day and week of the week, the Company Reportedly looking to boost its efforts in a. I and elon musk and Mark Zuckerberg seemingly agreeing to that cage match, but some hurdles still ahead. Lets begin with the markets. The s p, nasdaq, as we said, coming off their worst week since march, jim that reversal friday didnt feel great. Oh, my. It took your breath away and i was watching them just saying, what happened . Is there some event . Did something happen that was exogenous . But then again, look, lets remember, bonds having a nice move today they were down 36. Now theyre only down 11 i thought that friday was one of those days where people just said, okay, weve had a great year now, lets just sit here and sit on our hands and that was what i was thinking to start my show tonight is to just sit on my hands, and i may do it. I just felt ....
The ceo of tripoint homes joins us with a look at inventory and the impact of rising Interest Rates. The dow down more than 200 points, hovering near session lows its been a rough week the s p is flat, but the nasdaq, the outperformer today, bouncing back from yesterdays rough session by about 88 points amazon, the big tech gainer, shares there up nearly 8 on the back of earnings more on that ahead that is helping the rest of the tech trade apple on deck, of course, to report next week and everybody watches that one lets begin with the latest read on the economy and steve liesman, we have had a lot of data this week, steve. Yeah, its been a good one, tyler, if you are an economics reporter even if you like the economy, because it was mostly stronger growth, growth tended to exceed estimates with inflation, however, remaining sticky. But curiously, fed rate hikes are now less in play, as ill show you in a seconds on the expectation ....
Thats exactly how i felt about the Labor Departments none pharma payroll report which showed better job growth s p advanced. 55 and the nasdaq climbed. 40 percent. The jobs report frankly has something for everyone, good manufacturing growth, tame wage growth i know its not great for the vast majority of people who work for a living, but it is terrific if youre a business that wants traits to stay relatively low. At the same time there was enough ammo for the fed to tighten when it meets next week, and the federal funds rate is so low we can handle some rate hikes before it starts hurting this smoking hot economy rate hikes trade into booming earnings for the banks, one of the biggest groups in the whole s p. Lets not get ahead of ourselves. Theres a lot going on before we get to a wednesday where ill talk about the swan song, not the black swan, the swan song. When we come in on monday, look out. Youll be able to trade bitcoin ....
Contained just before 1 am. Fire officials also say the building was a total loss. There are no reports of injuries. Fire damage estimated at 1. 1 million. darya darya darya and we first told you about the fire through our mobile app. We sent a push alert at 4 20 this morning. Make sure you download the kronfour news app to always get the latest breaking news. Its free for iphone and android darya good morning im darya folsom. mark and im mark danon. Lets start the morning with a check of weather and traffic. No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. In livermore an accident wb 580 at 84, slow at the scene anny hong . Increased stratus coverage through the bays and into the valleys is expected this morning. Little change in overall conditions expected today with mostly sunny skies away from the coast and seasonable high temperatures. A warming trend is expected to begin on friday with very warm to hot conditions returning to inland areas over the wee ....