The nasdaq is off by 18. This comes after both the s p and dow closed at their highest levels of the year after yesterdays fed meeting. That fed meeting along with the News Conference with fed chair janet yellen, were going to be talking more about her message. In the meantime, take a look at wti. It is up by just over 2 to 39. 28 a barrel. Getting closer to the 40 level. Also, if you take a look at the currencies, the dollar is down against the euro, which is all the way up at 1. 1308. The yen is trading at 111. 36. Dovish Federal Reserve keeping Interest Rates unchanged, suggesting it will be very cautious about future rate hikes. A pretty upbeat assessment of the economy. Yellen had this to say at the News Conference. You have seen a shift this time in most participants assessments of the appropriate path for policy. As i tried to indicate, i think that largely reflects a somewhat slower projected path for Global Growth, for growth in the Global Economy outside the United States and
Appears to be intensifying and becoming more wide spread all across the san jose area out to Mount Hamilton on to the east bay we have wide spread area of rain from concord down to lafayette and san ramone. Dublin livermore discovery pay all showing rainfall hitting the ground right now with you our totals a of a few minutes ago show only 2 hundredths of an inch so far in san jose t. At Mountain View 2 hundredths at half moon bay. 200 up at fairfield but when we get later readings in just a few minutes im sure the totals will have grown just a bit. Heres the forecast animation starting at 10 00 oclock this evening well see the rain becoming more wide spread and shifting northward during the late night other night hours and by 11 00 oclock tomorrow morning we have still wet weather. Ill show you what is to come after that in a few minutes. President obama is in San Francisco tonight. He arrived for fundraising dinner at the the the mansion in Pacific Heights this evening. Tickets to the
Threatened. We still just got an update from calfire. The valley fire is now 15 contained. We also know they added 500 firefighters to the firefight overnight. We do have continued Team Coverage for you. Well bring you the latest as well as the Recovery Efforts in just minutes here. It is a tuesday morning, september 15th. Im gasia mikaelian. Im dave clark. Lets check weather and traffic. We know its cooler up there and the weather is a big factor. Its much cooler. 40s and 50s. They will get rain tomorrow. Mendocino county, lake county. Down here could be iffy. But up there it looks like it. We do have low clouds. A lot of reports of drizzle. Measurable amounts. 03, San Francisco. 14 100ths in sausalito, even in the santa cruz mountains. Some cloud cover and cooler, cooler, upper 40s, 50. 87, 90 to 100 . Ive seen 47s, 49s. We will get a little more sun today. Its pouring in l. A. Theyve had 1. 25 around the l. A. Area. There are flood watches and warnings. Incredible rain down there. 5
Kimberly originally, when the lawless past, it was supposed to apply to every state. Governors took that to the Supreme Court and states could decide on their own if they want to extend medicaid. So far, 30 of them have done so. Those who have not, it is strange, but those were not extended it are also concerned about what is going to cost them. The federal government is supporting expansion of medicaid for a few years, but then states will have to pick up 10 of the cost. Concerned because states have already cut back education, infrastructure, public safety, in order to fund medicaid. Will it be another mandated expense . That is one of the reasons why they are picking not picking it up . Statesy i do not see taking away health care for the poorest americans once they have provided it. It will come down to the legislators deciding whether it is something they want to do. We have an interesting case study of that right now in kentucky. Red state ind a the south, he was very active on i
Im 52. Ut i think this Younger Generation kind of has it, you now, theyre headed in the right direction. Host thats john in jacksonville, florida. Poll, one in five blacks report unfair dealings month. Olice in the past thats a november 30 story on cnn. Carol who tweets as gop kicks ass, i never thought that after seven years of obamas hope and in ge that Race Relations america would be this awful. Rush predicted this. Toledo. Calling in from el vin, go ahead. This is yeah, i feel my opinion. Africanamericans americans, white people, the are the most i think most i dont know how to explain it, but i think we are that love each races,more than any other nd i believe its just a few billionaires and millionaires from, you know, we just person, and stop, you know, ll this division between us, and stop it, all this hatred, you know, its just getting us nowhere. Host thats calvin in toledo, and this is mike in evanston, illinois, ages 3149. Mike, go ahead. Aller yes, you know, ive been liste