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President s chief economic adviser larry kudlow. Hes going to join us. Thats the question we will ask, when, where and how will some americans be able to get back to work. Now, check out the market. It reopens today after a threeday weekend. Last week was one of the best weeks in decades, with the dow rising 12 . No significant pullback this morning. We are down just maybe 70 odd points for the dow industrials and well above 23,500. How about that. The s p down about. 33 and the nasdaq, same thing, down about. 33 . That is not a significant pullback. Not helping the stock market is a forecast from jpmorgan. They suggest that gdp could fall 40 this quarter and unemployment could reach 20 . Now, that is a dire prediction. Check out the price of oil. The u. S. , russia, saudi arabia and other Oil Producers have announced an agreement that would take 9. 7 Million Barrels of oil a ....
Thank you. Gieg thank you. Thank you so much. What a wonderful welcome. You always make me feel right at home here in iowa. Thank ying t in joining us tonight. Timeets hear it one more for representative barry. Supported to have your and thank you for your leadership in the state. I am thrilled to be with you. It has been a great day back on the trail. We took a beat. Had a lot of not quite so healthy food over the last few days. Present. T a christmas our rescue puggle. My fatherinlaw made a step letter for him to get onto the bed, because he does not have the vertical leap to make it on his own. If he dont put we dont put them on a bed, he will cry all night. Anyway, we had a great christmas holiday. So thrilled in the middle of the holidays and some interesting Football Games on television. Youre all spending that is all i will say about football this evening, i promise. So glad to be here with you. Really coming together to di ....
Lacqua in london. Stoxx 600 gaining. Optimism on the u. S. China trade war truce waning. Focus onear yield, Central Banks in the fed. President exclusively on surveillance tomorrow. The cut extension. Crude oil 59. 08. We will hear from irans oil minister. We focus in on iran and sanctions from the u. S. Opec extending production cuts into 2020, as the worlds , talks inporter vienna were wrinkling. The commitment to a ninemonth extension is solid, strong. Not only are recommitting to individual commitments to conformity from all countries. Tariffsd trump says against mexico are off the table, after the country stepped up efforts to stem the flow of migrants from Central America to the u. S. Trump said mexico is doing a great job and having a big impact on migration. Australia cutting the key rate for the second straight month. Policymakers attempt to provide support to a slow ....
Take a look at latest conditions and see how long this one will last. Also, the man charged in connection to the Half Moon Bay mass shooting appeared before a judge this morning. We have a live report. Plus the final 4 candidates for oaklands police chief will appear at a public forum tonight. But the person deciding whether or not they will get higher. Hes not going prime air show taos choosing not to attempt. Station. Hes calling for news 2. Thank you for joining us here on kron. 4 news at 2. Im justine waltman. The storm has started some light. Rain already started today. The heavier rain expected to move in throughout the weekend and we have Live Team Coverage going over the storm for you, including coverage from kron. 4 to call. He is live in the north bay checking in with pg e and keeping an eye on the conditions there. But first, a check in with our meteorologist ky ....