Francisco, traffic does okay on 280, one and the chp reports no major accidents on bay area freeways. Of course ill be back with more kcbs traffic in just a few minutes. A tsunami advisory is in effect right now off the california coast between San Luis Obispo and orange counties. A tsunami is not expected so this is just a precaution. It comes after an 8. 3 magnitude quake off the coast of chile yesterday afternoon. Five people died and another is missing. At least one Million People evacuated. Authorities are assessing damage in coastal towns that saw flooding from small tsunamis. It caught people in the area off guard. [ speaking spanish ] i look and the water was already coming. The quake lasted for three minutes causing buildings to sway in the capital of santiago. Wet weather providing leaf for crews battling the valley fire. Its 30 contained. Evacuees are in tents in rainy weather. This morning the hunt for those missing continues. The fire killed one woman. At least four others
Eve parties in the world. A Million People expected. 6,000 nypd officers are there. It looks cold there in new york. We begin with meteorologist mark. It looks like it is going to be cold here. Thats right, ross. Get ready for a very cold evening across the entire bay area but you can leave the umbrella at home. We can guarantee a dry weather pattern for tonight and new years as well. A few high clouds offshore. This pattern remains in place. Clear skies right now. Clear skies all evening long. Here is a look at current numbers if you are stepping outside the door. You can stilts already in the 40s out toward livermore and walnut creek. The afternoon hours still pretty calm. Still showing 50s out towards San Francisco and santa rosa. Here is our live camera looking out towards the transamerica pyramid. For tonight the bay area clear and cold. The forecast for 9 00 p. M. Inlands back down near the 40s. The coast in the 40s. In San Francisco for midnight as we say hello to 2016, clear an
At 9 55. There is a lot of blue chip stock, and i understand that. It is like a story. Looked ate we yesterday, that is the most offered the most awkward. It would break a window because it is that big. President obama speaking at the Global Health security. He is he has left new york, is back in washington. Ukraine allia, needing to talk energy. Finally, indias Prime Minister is going to make his First Official visit to the u. S. And he has a little summons as a background from a decade ago. What does he think, it is papers or i am told it can be delayed until after his visit. He is going to be meeting ge. S in the u. S. Pepsi, lets do a data check now. After the pullback yesterday, s p futures, 2000, we are looking at 1964 this morning. 1. 2745. Dollar out of the second screen, and well over 15. 6. Rent crude under 97 the one story this morning is gold as the ruble continues to weaken. This is a way cool chart. This is a quarterly chart back 20plus years, and this is the volatility o
Stake into a chinese chip acre. Dip the most in nearly two months yesterday, setting the index closing down over 2 for the week. All companies except for 14 on the s p were down yesterday. Julie hyman has much more. Lets put this in context. The s p 500 was at a record as recently as september 18 and hasnt been losing ground. Down only 2. 3 from that time but we have seen a change in about whatconcerns is happening geopolitically around the globe in russia in particular. Of course, the continuing situation in the middle east, what effect will that have on oil and other segments of the market. Then in the background, the fed, when will that raise rates, what effect will that have . You see the three major averages. We still have not seen that 10 pullback in more than three years in the major averages, but yesterday, 320 billion are raised from the value of the s p 500. I should also mention apple contributing to that over concerns of its latest operating system update. The vix,lso see a
Troubles are entirely manageable and they have been whipped up by social media hysteria. The selling pace for its new products very strong, if profits will be huge and apple remains king of cool. Added allah and the stock price below the one hundred dollars looks cheap to some. We have both sides of this one. Here is a friday morning bombshell, a revolution and the Biggest Bond Fund in the world. Varney and company is about to begin. Stuart it is friday, a busy morning. A lot going on. Here is what we are following. The bond king. Bill gross has quit his company after years of truly vicious internal fighting. This is where business gets personal. The battles were savage. Charlie gasparino brings his own special reporting later this hour. Bill gross is going to janice, that stock is soaring on that news, 30 as of right now. The final numbers in for the economys performance april through june, annual growth 4. 6 . Will it last . Something really serious. Airtran. New reports president ob