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Josh, great to see you. Glad to be here a tight trading range for the major averages this week. Yeah. How would you sum it up so far. I think whats interesting is there seems to be this rotating cast of stocks that are working against the averaging, so today is transport i think three out of the worst stocks are railroads, some of the big ones being hit hard. Theyre not very important in terms of waiting, but very important in terms of people paying attention, either because theyre technically i...

Would it be a mistake right now . And we do expect big news from tesla during power lunch. It could move the stock. Mandy is off today but were happy to have melissa lee join us from the nasdaq. Well get down to her in just a moment. We begin with the big story on the American Housing market. Some really bullish new data but how bullish are they really . Diana olick in washington with the startling numbers. Di . Reporter well, tyler, its bullish depending on your take. Home construction took a b...

Destroyed a section of the sidewalk and part of the road. Were told that strong winds and dry rot are what caused the tree to fall. Bring in our chief meteorologist bill martin to talk more about all this. What are we looking at here . A lot of too with the trees abandon other trees that may tall over the next week they still have their leaves on them. We have winds like today were going to see rain. It weights the tree down youre going to notice that the next week or so more rain and wind as we...

Have been reported. Want to give you a live look at the monday evening commute. This is highway 237 in millipedes traffic backed up as you can see heading east. Heres interstate 08 in berkeley. The University Avenue crossing at the top of the screen. It is backed up in both directions tonight. Kind of what we see whenever the rain starts to fall. Also reminder for you get the very latest on the weather conditions from our ktvu weather app were posting updates on twitter, facebook and instagram. ...

Nasdaq was strong. Technology, one of the better performers on the day. Investors betting lawmakers will reach a deal on the debt ceiling and avoid default dont. John harwood with the latest developments out of washington. Down to the wire, what can you tell us . It is down to the wire, but they are going to reach a deal. The senate expects to vote within the next few hours on that deal. Expect an overwhelming bipartisan vote in favor of the deal struck between harry reid, democratic leader, mit...

Points and the s p up by 4 1 2 points. Lets break down this market and find out whats going on. Bill . With us right now is amy wu from rbc capital market, george young and our own rick santelli, but joseph is standing by. Well get analysis of ibms numbers when they are released momentarily here. Amy, whats your version of why we got such a quiet market today, so much news . Housing starts were down sharply. The beige book looked pretty good. And chairman bernanke spoke today, and the market too...

Economy with a specific goal of achieving a substantial improvement in the outlook for the labor market in a context of price stability. Stocks didnt react much to his comments. Trading in a narrow range. But this is probably exactly what the chairman had been hoping for. He stressed volatility has come down in the markets as heny th the markets have gotten a better understanding of what it needs to do. The futures at this point are indicated up for the dow futures and s p futures. Dow futures u...

/PRNewswire/ -- Economic activity in the services sector contracted in April for the first time since December 2022, ending a period of 15 consecutive months...

/PRNewswire/ -- Economic activity in the services sector expanded in November for the 11th consecutive month as the Services PMI® registered 52.7 percent, say...

/PRNewswire/ -- Economic activity in the services sector expanded in September for the ninth consecutive month as the Services PMI® registered 53.6 percent,...