seeing signs of deflation and why the fed should not be hiking rates right now despite what was said today. we ll get the case in a little bit. let s start with the sell-off. bob pisani is tracking the action here on the floor of the new york stock exchange. bob? finally volatility. about sometime. six weeks, a slow market overall. last time the dow moved 1%, july 8th. we re due for volatility. we re reminded, hey, the markets aren t positioned for a possibility of a september rate hike. what will you do? sell interest rate sensitive stocks. utilities market leaders all year. what else do you do? might play a steepening yield curve and why financials might be improving. you can bet insurance companies of met life and prudential have happy. they had a miserable time in this environment. you bid up the dollar. that puts pressures on commodities and why they have been weak today. that s why you see stocks like y rio tinto down. what else do you do? you buy volatility. so every
elsewhere not doing so bad but we will look for subtle changes today in terms of the low fog and clouds at the coast. with the breezy, on shore wind we are looking at 350 s along the coast. once again 70s inland and get set for much, much warmer weather. chris. lisa, thank you. developing news out of san francisco. a mother and her young daughter are safe this morning but the search for them may have been connected to the investigation of a man well-known for being beaten by almeda county sheriffs deputy. abc7 news has the latest. reporter: police say 23-year-old dana rinta and her one-year-old daughter, scarlet, were found you unharmed. they were reported missing the same day that officers raided a home where they arrested stanislav petrov, who police say is her ex-boyfriend. you can see him handcuffed, led out of the house by the fbi and put in the back of a police car. we know at some point in time they were, and there is conversation that we want to have with her.
live doppler 7 hd. hi. we were doneing drops as combination of strong gusty wind this afternoon along with the date daytime heating that brought the pop up showers once the sun sets the showers diminished. right now live doppler 7hd give us the all clear. that is what it looked like past 6 hours or.so time frame between 3:00 o clock in the afternoon and 6:00 o clock in the evening is when the showers moved in from north west to south and east. brought some hail very minimal in terms of rainfall. take a look terrain fall amounts around the renal today. mainly in the east bay. castro valley coming in with 4 hundredths of an inch of rain both livermore $200 of an inch in oakland hayward checking in with 1 $100 of an inch ofaú rai. along with satellite the big picture the reason why for the wind and the rain 30 s an area of low pressure right here north of las vegas and what it is doing is dragging in wind out of the north wind coming over the hills and force the wind up and s
an opportunity for transition to a coalition government to represent guarantees key constituencies, all of the kurds and moderate sections of syrian opposition. for now the u.s.-russian cooperation can be limited to fighting isil in iraq and that could include a joint operation which is something u.s. and russian special forces have done on a very low scale in afghanistan. they could include providing more arms and more training to the iraqi armed forces and the kurds fighting isil come at it could of course include disrupting financing which is not a counterterrorism tactic per se but it is an important comment is important element of countering such organizations. but looking beyond that, countering terrorism with force alone would not suffice. are certain of root causes can contribute back to the i want now the other in the statement that both russia and the united states need to address as they think how to defeat terrorists, not only in the middle east, but also in their
now the company bakken pipeline. dakota access, l- l-c. has mentioned that the 3 point 7-8 investment will and 12 thousand jobs during construction. of hours of labor during the construction phase from all they also stated that the pipeline will create millions in state revenue during the construction 100-million dollars in sales and income tax. says the pipeline will generate roughly 55 million dollars annually in property tax. tim: finding a way to fill a growing gap in the siouxland skilled work force, brought governors from the three siouxland states to south sioux city today for the 14th tri-state governors conference. nebraska governor pete ricketts, who attended for the first time..said work force concerns rank as the biggest barrier keeping business from coming to siouxland. todays gathering gave governors the opportunity to share and learn about best practices not only from each other but also business leaders on hand. the governors say it s important that future wor