Sandhya patel. Sandhya . This powerful storm, level 3 is hammering the north bay. Lets get right to live doppler 7. And pretty much the entire north bay is covered in moderate to heavy rain right now. Lets get into south santa rosa, rohnert park, stony point road. Getting just slammed right now. I want to show you some of the rainfall rates in the area. As you take a look here, youll notice 3 4 of an inch per hour. It is heavy in napa as well. Atlas peak road. This is the last thing you know. Recent burn areas getting slammed frslam ed larkspur to mill valley. As we take you into San Francisco, balboa street, the sunset district, tracking this batch of moisture. And it is pushing its way towards San Francisco downtown, chinatown at 11 13 p. M. Berkeley, emeryville, youre getting a share as well. Oakland, lighter rain park boulevard. But youre going to see the rainfall intensify as well. Also tracking this moisture, moving out of san pablo, richmond. It is moving towards el sobrante. Th
Higher after several days of declines and following the string of declines we have seen around the world. Also strong because of technology earnings. Take a look at whats going on. Walmart is up 7 . Comparable sales of 2. 7 . The strongest it has seen in eight years. Its having its best single session in a year and half and trading at a record high. Cisco shares are also rising expressedcompany optimism that its transition to more Software Services is going well. Its Current Quarter will have twofirst sales gain in years. Thats helping propel those shares higher. Weve got walmart again. Rockwell automation. Rockwell shares have been rising. Also taking a look at paypal and synchrony financial. It is buying a Loan Portfolio of 6. 8 billion dollars from paypal. Its also getting an exclusive contract for paypal Consumer Lending and paypal is also at a new high today. Mark getting some breaking news on siemens planning to cut jobs. It is closing at least two sites. Europes biggest Engineer
Lets see how things did overnight in asia. Asia was leading the declines yesterday. This time a little different story. Nikkei closed up by 1. 5 hang seng was up by 0. 6 shanghai was flat. In europe, at least at this early trading hour, there are green arrows across the board. Barely hanging on for the ftse the dax and cac each up by better than 0. 6 looking at crude oil prices, at least right now, crude oil looks like its down 7 cents 55. 26. Couple big stories were watching, mattel has rejected a takeover approach from rival hasbro reuters reporting that mattel believes the offer undervalues the company and doesnt take into account the potential for regulators to rejected the deal on antitrust grounds reports saying mattels new ceo who took over in february may be trying to drive a harder bargain in talks with hasbro the company cut its fullyear revenue outlook. You are looking at both of those stocks now time inc is reportedly restarting talks to sell itself to publisher and broadca
The issues that have powered so much of this years rally. Today the Dow Jones Industrial e advan 187 points to 23,458. Nasdaq up 87 points to close at a record. And the s p 500 added 21. Our bob pisani has more on what took stocks higher. Reporter stocks rallied big time today, reversing six straight down days. What happened . First, washington did something. The house passed its version of a tax reform version. The senate still has to act but any progress on tax reform say cause to celebrate. Walmart and cisco had big earnings beats. Procter gamble moved up because nelson peltz finally appears to have won a seat on the board. High yield bonds turned around. The high yields markets often considered a proxy for investor willingness to take risks. That market has been weak for a couple of weeks now. The weakness has been in Telecom Companies which have faced difficult times. Once they stopped dropping, high yield markets started to stabilize. Im bob pisani at the networks for nightly bus
Secret. Well talk with the author of a once authorized biography so explosive that jann wenner has now disowned it. But we begin this morning with todays eye opener, your world in 90 seconds. How is this different . Senator franken has admitted wrongdoing, the president hasnt. President trump is under fire after frankens misconduct. Is it a crime or not . Roy moores wife standing by her man. He will not step down. Thats right. [ applause ] i certainly have no reason to disbelieve any of them. The governor of alabama who said i believe the women, i believe its true, im going to vote for roy moore anyway. The president tweeting there will be no new body parts allowed here. Announcements of his sons holding hunting trophies. Is kislyak in the room . Before i get started here. Any russians . It took hundreds of firefighters in new york to put out an apartment fighter. A man got behind the wheel of a police car after being arrested. He crashed into a fence and ended up in the ditch. He got