It is not just oil but if you look at the correlation between the oil and the stock market they made the same bottom base in crude and stocks from the low we saw in february. Weve seen a nice reversal. In the middle of a range for oil where weve been trading a move up to 36 could get shorts scrambling. Weve seen a nice leg to the upside. Were now at the upper end of the range. Weve been trading between 1950 and 1810 in the s p. A break to the upside. You do the math, add 140 points on top, the target is 2100 on the s p if the breakout follows through. Melissa yeah. How do you see this translating to the other Refined Products right now . Well, crude oil obviously is benchmark, that is what people focus on. Were still in the winter season. Here in chicago well be, refiners will be shifting production and doing their maintenance. So in the near term, that could be supportive of prices. But, you know overall if you look at natural gas, if you look at gasoline they continue to drift lower
We saw the rally really dig in. Were closing just about at session highs, the dow at 212 points as it is settling out. Dow and s p 500, at the highest levels, each index, the highest levels since january. This looks good, while the dance continues between oil and stocks, at least moving in direction the bulls prefer. Back to you. Melissa lori, thank you so much for that. David . David were five days away from super tuesday and clock is ticking for republican candidates to take the lead from donald trump. I think the biggest change in this campaign is going to be when the people not named donald trump, the choices begin to narrow. We start to give Republican Voters a clearer choice who they want to get behind. We have a long way to go. It is a like a baseball game. Everybody wants to call the game after the first inning. I think we have a ways to go. Hang on. If i were to get out, donald trump would win ohio and that would be end of it. If youre among 65,0 of the republicans that think
Over there. Crews on 580 clearing in the next hour or so. No disturbance and only close one lane at a time there. Slowing out of the Altamont Pass and ill show you a live camera coming up. Back to you. Now to a developing story and a possible link between two unsolved mysteries. We first told you about human body parts found in fremont earlier this week. Well, now investigators believe that gruesome case may be tied to a missing womans case on the peninsula. Today on the bay kris sanchez live with details with information that may connect the two cases together. It was not untail last night that investigators put the two cases together and it was not until they came back out here to the dumbarton bridge and found additional body parts near where that human torso was found. They found more body parts here where that torso was found by fisherman on sunday night and also evidence that led them to shellie titcheners home. Her husband not a suspect but a perb of interest was not at home at
Of their car, ran after and shot at those other people who were running from that gold van. We do know that one person was shot and has nonlifethreatening injuries, but the gunman and other people in that car jumped back in the vehicle and fled the scene. Police are now looking for them. We have a crew at the scene. They are gathering more information and well bring it to you throughout this newscast. Thanks for joining us this weekend. We are also tracking a second breaking story. The napa superior courthouse back open just moments ago after a bomb threat. It was evacuated. But again they have just cleared the threat. Court is now back in session, but that changed just in the last couple minutes. Also changing in just the last couple of minutes, a third breaking news story that we are following. A deadly crash involving a car and a pedestrian on bellingham drive right next to the los lagos golf course. In the last few Moments Police have confirmed it to us. Police say a driver backed
North bay at 44 degrees. And looking at a high of 76 degrees in the east bay. Trivalley 77, as well as 77 in the north bay. Ill detail these warm temperatures and a look ahead to some rain in time for the weekend. Thats coming up in a few minutes, but lets check in now with mike to see how it looks as you go across the bay bridge. Kari, the backup at the toll plaza is already here. The metering lights at 5 30 or maybe 5 29. No major problems. Theres the backup. We look at your map and the approach coming out of the maze off the east shore freeway a build. The east shore freeway is slowing basically the race track golden gate field and down towards the berkeley curve. A typical trend and a lighter east bay travel flow nicely for highway 4. A little slowing through pittsburg and hayward shows the biggest build and northbound 101 through san jose. That build right here from 680 itself up to oakland road. No surprises, guys. Back to you. Thank you very much, mike. Hoping for no surprises i