Discovered new Software Issues and financials outperforming ahead of the stress test results. Joining for the hour to break this down is josh brown. I asked you what the key stock indicative of this market is and what people are watching you said gld that was surprising. I thought that was a private conversation, sarah nothing is private with me. I said gld because it trades like a stock and the dollar doesnt but what im really getting at i really feel the dollar is at a very critical level and i mentioned it was kind of sitting on support i think what the dollar does next from here could have big ramifications for everything from earnings estimates to emerging market stocks. It keeps weakening here. It hasnt broken down since trump has been president its been fairly strong. Some would say too strong. I know he would. For sure. You asked me what are people looking at and focused on, believe it or not its the dollar again gold is huge fiveyear breakout and breaking of the down trend is
Extraordinary and unprecedented planned wartime visit in israel. While there the president back to that country, which she said had nothing to do with the blast at the gaza hospital that left hundreds of people dead yesterday and has led to violent protests. Thanks for joining us on kron. 4 news at 5 oclock. Im grant lotus and im noelle bellow. The president also reaffirmed americas commitment to israel. While calling for humanitarian aid to the region, Carlos Saucedo reports with the very latest developments. I came to get kind back on air force one. President joe biden says his overseas trip was a success. Egypt will open the gaza Border Crossing to allow for much needed humanitarian aid. President biden wrapped up his lightning trip to israel wednesday and what was seen as a diplomatic scramble to keep the war with hamas from escalating into a larger conflict. Biden reaffirmed americas commitment to the jewish state for decades. Ensure israels qualitative military edge. Later this w
Prescriptions, rite aid is filing for bankruptcy. What it could mean for you. Good morning. And its monday, october 16th. Im going to start the check of our forecast with drew. Hey, good morning. So we do have some areas of dense fog to start out the day well get that fog lifting over the next couple of hours. But the north bay is the impact area. Were watching from santa rosa to petaluma, were down to half a mile visibility right now. Temperatures also chilly along the coast. And in the north bay, were at 46 and half moon bay, 50in napa, 48in novato. Good morning, San Francisco. Were waking up to 54, 55. Is that current temperature in hayward. So future weather we have that fog early on. Well start to see high clouds stream in another cold front is approaching the region. It wont bring any rain fall, but what it will do, itll turn our skies partly sunny as the day goes on. And today is a cooler afternoon compared to yesterday. So increasing clouds throughout the day. Temperatures main
We saw weaker thereasury yields last week. The 10year treasury at 4. 7 . The 2year treasury at 5. 07. Meantime, israel and hamas denying reports of a ceasefire to allow Foreign National palestinians to cross the border to egypt from gaza. Today, the temporary border was an supposed to allow temporary aid to enter. It is unclear if the border will open. Last night, President Biden spoke on 60 minutes and warned of the mistake they would make of occupying gaza. We are going to do everything within our power to find those who are still alive and set them free. Everything in our power. Im not going to go into details of that. Were working like hell on it. Senator Chuck Schumer visiting israel over the weekend. He posted on x that the delegation was rushed to the shell toter to await out rocket fired. He plans to lead a Bipartisan Senate package for israel. Lets get back to the congress. The Senate Returns from the weeklong recess today, but without a House Speaker. No legislation can pass
There. Just like steves been telling you. Chilly to cold. Theres some 30s showing up here. Amy just checked in here, east of tomales, 37 degrees. Woodside and sonoma are doing their best at 39 scotts valley, pinole, stanford campus, hollister 40, and socal at 41. There are many that are bumping Mendocino County, lake county, middletown, upper lake down to 34, ukiah 3841 rohnert park fairfax 41. Take your pick. There are many. I think weve probably bottomed out. I mean, on the lows, but sunny today. Nice breezy, but temperatures trying to bump up. But theyre hard pressed to do so really. But well go for 60s and 70s on the tens pretty close to where they should be this time of year. All right. Sal is here. Highway four. Yes a mess. Lets get to a developing story weve been watching for you in concord. Here. Fire crews are at the scene of a massive overnight fire. The fire started around 10 00 last night at a building on sunset and east street. Firefighters say they got right to work. When