Not quite as thrilling after day as we had yesterday. Ashley connell it, would be hard to repeat. S p and nasdaq dropping because of a covid 19 vaccine fading a little bit. Investors pull out money from the tech companies, that benefited most from the pandemic. Look at the dow and s p and nasdaq down. I want to get tech stocks red across the screen. Microsoft, facebook, nvidia, Big Semiconductor conductor down 6 . Adobe systems down 4 . A lot of the stocks higher on the year but a victim of the rotation of money out of tech. If it is coming out of big tech where is it going . Lets take a look. Consumer defensive names. Companies likes walmart, costco, target, proctor gamble. There they all are. Weve gone from a red skeen to a green screen. Target, all the others also higher. Industrial stocks giving boost from a csx railroad gaining more than 3 as did ge, right around 3 . Raytheon up 4 1 2 . We should mention boeing, gaining more than, well, see in the final analysis 5. 2 . It was up m
Massive Police Presence there not allowing anybody to drive down santa clara street. They stop you right before you get to this location. We understand you see to the rate of those Police Officers thats city hall. We understand thats where most of the crime scene is taking place theyre not allowing us to get any closer then warier the robyn janes take a look at your screen you count the number of police cars at the scene just on the left side of your screen there you can see theres one squad car pulling out there about 30 to 40 Police Officers just from mike intersection at this particular time. You can see the heavy Police Presence. We are hoping to track down the Public Information officer from the San Jose Police department to find out exactly whats going on if theyre still a manhunt and we want to find out the name of this particular person i have covered unfortunately a lot of homicides throughout my career and i have yet to see a heavy Police Presence like this for somebody of no
Around the coast and mile. To state lawmakers have decided not to go forward with legalizing bedding. Bill dodd of napa and given the deadlines for getting a measure on the November Ballot and the challenges have realized they cant get the legislation approved this year but the lawmakers say legalizing Sports Betting could generate 700 million a year. They will try again to get the measure on a future ballot. We welcome you to the nine. Look, everyone is telling garcia they are not gamblers or bettors. When you look at how indepth they are 50 plus Million Dollars you think there would have been a different push. Im saying, thats revenue the state could use in the years down the road. Certainly, mike. Neighborhoods are getting creative trying to find its way out of this deep financial hole caused by the pandemic and gambling is not for me but it is for someone and they have the pits ability to help our state may be more minds will be open to it, sal. This issue is not going away. It wil
More than 6000 cases for the same time yesterday. 5500 deaths and our state alone and in the bay area it has surpassed 20,000 in the bay area has seen 537 deaths. East bay officials monitoring an outbreak in concord. 13 residents have died of suspected or confirmed coronavirus infections. Officials have not said when the residents have died. So far more than 2200 Nursing Homes in california have died from covid19. The government Top Health Officials on capitol hill testifying before congress about the coronavirus. Dr. Anthony fauci along with the head of the cdc and fda officials and giving lawmakers an update. He remains cautiously optimistic that a vaccine will be ready and is concerned about the number of spikes as test continue to be positive and reopen. We are seeing a disturbing surge of infections. One of the things is an increase of community spread. Im quite concerned about that. Right now the next couple of weeks will be critical and our in our ability to address those urging
The low clouds and fog are not going anywhere, they do retreat back to the coastal fog near the coast later. Sunny, breezy for some, not as windy though like it was yesterday. Warm to hot inlets, temperatures anywhere near average. It should be 84 checking in. At 7 00 in the morning, on tuesday. It is mostly good but there is a crowd at the bay bridge which you probably already know if you drive every day, there will be a crowd for you if youre driving to San Francisco, how it ever the producer looking pretty go. Basically vallejo to the macarthur mesa 18 minutes, but then you see a lot of slow traffic here at the toll plaza. This usually last until about 8 30 or so, maybe a little shy of that but let after that it looks okay. No problems in the east bay commute. Southbay commute, sunny weather there and traffic is moving well. 7 01 thats good back to the headlines. California seeing some troubling new numbers as they relate to covid19. As the state is becoming open. Governor governor