He is the governor of iowa. He said dont say bad about china. So i had to rip up about half of my speech, right . I said why . We do a lot of business. Etf been dealing with china for 35 years with corn and all the Different Things and he told me a story that is amazing. 35 years ago when i started, i met a man named xi. He wasnt president then. He was a young man. The governor came back and he told his wife and it is documented, i just met the future president of china and nobody thought much about it. And you know what . 28 years later, you turned out to be right, you have been an incredible ambassador and they like each other so much. When it came time to pick the important position of ambassador, i said havent you had enough of 24 years being governor of iowa . He said if you want me to do that. Thank you very much, ambassador. I appreciate it. Another great job. [applause] nobody could have done that job better. Man i could go on the opposite side of the spectrum from the governor
As you head through the afternoon, mostly sunny. Cooling it down midweek. For today, as we head through our afternoon, San Francisco, 71 in the afternoon. Oakland, 73. 72347 san jose and 78 for concord. Highs anywhere from 7 to 11 degrees above average. We are tracking the next weather system. Details coming up. Gianna, there is a Traffic Alert . Well head to san jose. Chp has been following this accident for about an hour and they just issued a track alert. Overturned vehicle, flips over, rolled over and hit by several more vehicles. Activities are going on there. Northbound 85 at union avenue. Balls of this, can you can see a pretty big backup. Golden gate bridge, pretty limited view. Northbound 101 in san rafael, just as you approach 580. Overturned vehicle also in this crash, only one lane open. The left lane is open which means the four right lanes are completely shut. Thats counter commute, so that is good news. A new lawsuit will be announced in connection with the mass shooting
Three averages but down 0. 4 and the nasdaq, that tech trade that is the laggard, down about 1 at this point and, of course, the russell has been struggling this week. We want to watch that one as well. When it comes to sectors, again, technology is the biggest laggard down more than 1. 3 , and energy is leading the way but up just 0. 3 . Its been an interesting week. Steve weiss, i will start with you, and i know mike and sara were ending the show talking about nvidia. Its up today. However, it is down about 10 from those meteoric highs but up about 80 year to date. What do you think . Have we seen the best of nvidia for a while . I dont know. Thats a great question. In the meeting coming up, who knows what theyll say at the meeting. Sure. Still the only game in town really. But its not really an nvidia issue. We havent seen the others down as much like meta or microsoft. Theyre barely off their highs. They look like theyre down move because of the dollar moves. On a percentage move,
Lets get down to business and tell you whats going on this morning. U. S. Equity futures right now. Youre looking at a morning with red arrows. Dow jones would have opened about 46 points down. Nasdaq off 49 points off and s p 500 off about 6 points. But as you would say joe so goes apple so goes the dow. And the nasdaq which has been doing better recently and then yesterday anyone cares to be watching says the dow is getting crushed down 200. If you added it up it was like 140 at one point during the day. The vast majority of the decline. Right. Which made me think that maybe the dow wasnt doing so badly, the other 29 stocks. But then after the bell i dont know how microsoft will be received but apple has a long list i have written down every Single Person that told me that i never will have ever anything to worry about. That 49 billion in revenue is the birth right of apple. You know what they say about history, it doesnt repeat but it rhymes and ive seen a lot of stocks start on the
Does that mean we can stop worrying about the deficit . The parties are not saying much about money at the moment. But taxes, spending and borrowing are what governments do. Tonight, well ask if election promises on tax and spending can really be painlessly paid for. Also tonight, the 15 year old Anorexia Sufferer who took her own life after being discharged from Mental Health care against her parents wishes. Well hear from the writer emma woolf, who suffered from the illness for ten years. What can be done about anorexia . And Cornelia Parker has been appointed the official Election Artist. Whats caught her cultured eye so far . You do like a dimpled seat. I hope i am not fixated on bottoms. Hello. However hard the parties may try to control election campaigns, they are inevitably punctuated by unpredictable events. Those prescott punch moments. Weve not had anything quite like that yet, but labour today had its most awkward moment of the campaign so far. By far. A big announcement on