The three, up about 3. 38 . Overnight in asia, shanghai came back bigtime. As you see there, up 5. 3 . The hang seng, 3. 6 . The chinese did seem to intervene a bit to help things along in china. As for our tenyear note, we started this week. We were below 2 on the tenyear. No longer. Back to 2. 20 despite those comments. Crude oil above 40. The first time i have seen that in a few days. Lets get to our road map. Has the market bottomed for now . For good, for a while . Another upgrade for amazon. Why now is, quote, an attractive entry snoint. Retail pain continues. Tiffany and Williams Sonoma both disappoint and both stocks are looking down this morning. We begin with stocks on track to maintain momentum from wednesdays big rally. Futures extend gains after data shows Second Quarter gdp revised upward to 3. 7 . Thats up from an initial estimate of 2. 3 . This comes one day after a 4 jump on the s p. The dow also posted a gain of more than 600 points. That was the first time it had gai
And im reena ninan. We begin this morning doing what we know many others are doing in newsrooms around the country, thinking about those two young journalists killed on the air in virginia. Alison parker and adam ward were known at their station as the a team, both of them just a few years into their careers. Vicki gardner, who was shot while being interviewed, is hospitalized in stable condition. And last night, candlelight vigils were held to honor and remember the victims. Abcs Kenneth Moton has more from moneta, virginia. Kenneth, good morning. Reporter good morning, reena and phillip. You can see behind me Virginia State police are still watching over this scene because today the intense investigation will continue. Meanwhile, this community is honoring the fallen journalists who had Bright Futures ahead. Late into the night, investigators searched for clues and answers at the home of the man accused of gunning down two roanoke, virginia, journalists on live television. It did not
I will let you know how long the heat will last. In the east bay in a moment, we have a report of a fire, but it is right along i80. We hear that it is westbound 80 at mcbride. There is a report of a fire possibly burning on the side of the freeway. We are going to find out more information on that. This is the macarthur maze. The traffic is moving nicely from berkeley offer to the bay bridge toll plazas and to get into San Francisco it is good but traffic will buildup quickly. Breaking news in the east bay, firefighters just put out a grass fire before it could spread to hopes in the oakland hills. The fire break out at 2 30 this morning after a transformer blew. Investigators believe the spark caught the dry brush on fire and crews had to go down a steep hill to reach the fire. No one was hurt. Houston outpouring of support for virginia tv station after two reporters were shot on live tv yesterday morning. Our reporter Amy Hollyfield is here with with how they are carrying on. Yes, w
World war ii victory parade next week. The u. S. Rally may not last. S p futures indicate u. S. Stocks will open lower today. The s p 500 is coming off its biggest twoday rally since 2009. Oil heading for its biggest weekly game since april. Wti up around 43 a barrel. Yesterday after reports the u. S. Economy grew faster than expected in the second quarter. Puerto rico being drenched by Tropical Storm erika. The storm is moving west after flooding the island of dominica. 4 people were killed and several more are missing. Erika could become a hurricane if it reaches south florida early next week. Thee has confirmed architects of its online radio strategy has quit. Ian rogers joined apple and has led the development of apple beats one. One is ae beats gateway to apples paid subscription. Apple is holding an event in San Francisco september 9. Central bankers have made their annual trek to jackson hole, wyoming. Taking part in the Kansas City Feds annual symposium. Randy greeley is there.
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