Like a cooler week so. Temperatures especially inland, well below average for this time of year. All right. Over to sal, 6 00. Things usually pick up at the bay bridge toll plaza. Want to speak about that or something else. I will speak about that. We will look at the approach from the east shore and look at the toll plaza itself. And also the east bay commute. So first start with interstate 80 the east shore freeway. You can see traffic is going to be moving along okay and its going to take about 17 minute to drive between the carquinez bridge and mcarthur maze. We dont have a big back upat the toll plaza but it may appear. You can see the traffic is moving well. Its 6 01. Now back to the headlines. All right california right now, has close to 400,000 coronavirus cases. More than 386,000 cases are reported and more than 7700 people died. More than 41,000 virus cases are reported in the bay area. 7100 people have died from the virus. California Hospital Health Officials Say 6900 patien
Yeah, i will. Glick look out almost two weeks into early august and the the pattern favors near normal to below normal temps and it is starting we had bump up saturday. It was warm to hot and back down on sunday. And guess what, its going to continue to keep on favoring areas that will be below normal especially inland. 62 so a cooler forecast and this week will include ukiah and by the time we get to wednesday and thursday its deep fog bank. Solid marine layer. Theres drizzle tuesday night, wednesday morning. Napa west of 146789 oakland west at 126789 these are just roaring onshore wind directions. A little low will move over us and usher in lower pressure for the week. So with that in mind, temperatures will be below average here. Coast, and inland. Over to sal at 5 01 on a non. He tells us. Well, we are off to good start i like what i see here, steve. Traffic continues to move along very well around the bay area. And we are going to look at the is a mateo bridge. Traffic is moving a
Peter navarro. It has been a huge swing s p futures up, nasdaq up by 62. The nasdaq up seven sessions in a row. S p is up. Watching for the month of june, all three of these is up on track to be the third month in a row taking a look at treasury yields youll see the 10year is yielding 0. 715 . Crude oil up above 40 for the First Time Since the lockdown in early march. Getting to the story it has been a wild ride overnight. Last night on fox news, white house trade advisor Peter Navarro responded to a question about the china trade deal saying it is, quote, over. At that point, futures plunged about 400 points but then recovered after he later clarified his comments saying it had nothing to do with the phase 1 trade deal which continues to be in place. He was speaking to the quote lack of trust of the Chinese Party after they lied about the origins of the chinese virus. President trump posting a tweet saying the china trade deal is fully in tact. The lesson is that the move is a good re
Soon despite president toms push to restart the economy as cover 1000 infections rise in brazil state governors protests against president jalal sanaa was decreed to reopen some businesses and uncertainty in sri lanka over bottom entry elections scheduled for next month in the wake of the coronavirus pandemic. At. The end afghanistans president ashraf ghani is blaming the taliban for an increase in violence 34. 00 people including newborn babies were killed in 2 separate attacks president gandhi has ordered a military offensive against the taliban and other armed groups all but. The porter bill is spar repeated cool and from the International Community to taliban have not reduced violence and instead they have increased their attacks in order to provide security for Public Places and the attacks and threats from the taliban and other terrorist groups are ordering Afghan Security forces to switch from an active defense mode to an offensive one and to start their operations against the e
Yields have been falling all year. The 10year gilts down five basis point the 10 year yield down five basis points. That tells us bonds are falling. The overall context has a risk off tone. When we bring the again into the picture, the yen is down. We have mixed messages. It will be right down to the wire. Weve been talking about the range for the s p 500. The level a lot of traders are looking at, 2775. That was breached. Both are holding right now. Lets see what the day brings. Vonnie when you talk about david when you talk about beatendown sectors, you have to talk about energy. Energy is getting a break. Abigail that caught my eye. Right now we have two sectors higher, the banks and energy. Energy is the worst sector on the year and a huge bear market. The worst year ever on record, but getting a little bit of a bid. Some are saying the reason we have a bounce overall was an unconfirmed rumor President Trump is open to the idea of a fourth stimulus bill around the coronavirus. That