volatile day, we will tell you what investors are expecting today. a theme park gets slammed with a lawsuit, the allegations stemming from address photo -- a doctored photo of two men. we will have more on a deadly shooting that happened in broad daylight. >> well i have changed my mind. >> mayor ed lee, backlash from the mayor's change of heart. morning news continues. >> this is ktvu channel 2 news. well,good morning to you. welcome to a brand-new day august 9th i am dave clark. >> i am pam cook and we have steve back with the forecast, hello steve. >> we have fog. visibility reduced there towards the north bay and upper

80s inland unless you are in vacaville where is low -- which is low 90s. sal? traffic is moving a long nicely on highway 4, it is already stop and go in parts of antioch due to construction zone and this morning we are looking at traffic on interstate 880 let's go back to the desk. the opening bell rings in less than 30 minutes and alley will talk about the mood among investors, alley? >> reporter: with the markets opening in about a half hour we have seen more activity as people make their way into work. we had a chance to talk to some of these investors about what they were expecting today. >> i don't know. it kind of fluctuates.

>> everybody says it has been consistent and is doing what it can to help the markets but it can be whatever mood we have it will be -- whatever move we have it will be short lived. >> reporter: they have a scheduled meeting and the day after the dow jones industrial average dropped more than 600 points nasdaq dropped more than 170 points losing a large percent of its value. it is a mixed bag, at one point germany was down 5% and is down 1.5% now. although australia's market did close-up. some appear to be rebounding a little bit this morning and again the market will not open for another 30 minutes or so

and if so we will let you know . >> many people are waiting to hear from the federal reserve this morning on what it will do to stop the country from sliding back into recession. the feds policy meeting is today coming up at 6:15 we will have a live report from our washington d.c. newsroom with the steps the feds are going to take in order to boost confidence so stay with us throughout the day. any time of day you can go to www.ktvu.com for the latest economic news. there are also tools to monitor the markets, just look for the wall street tab www.ktvu.com. oakland police are continuing a manhunt for the gunman who killed a three-year- old boy. jade hernandez is joining us live near the police command post near the scene of that tragic shooting, jade? >> reporter: still no arrests this morning and they plan to hold a vigil, it will be held a

block from where this command post is parked at 56th and international. the police department calls it a tactical alert this morning and a family is reeling from the loss of their child. >> the violence takes place where you have an innocent child lost and you don't know how tough it is to look a parent in the face who just lost a toddler. >> reporter: it was barely 1:00 in the afternoon. the two men who were intended targets were wounded but a three-year-old was hit in the next and taken to the hospital where he later died. a few other children have been hurt during daytime violence but they survived. the little boy was killed and

it appears to stem from gang rivalry. from the tobacco firearms along with the fbi they will work to address the increased number of shooting. she said quote gun battles in our neighborhood will not be the norm in our neighborhood. i want to bring you back out live this morning and we have seen several patrols already in this area including from the alameda sheriff's office. as we mentioned the command post is still here at 56th and international. this is just a block from where the shooting happened yesterday afternoon. police will continue their tactical alert through the weekend. time is now 6:05, the park

is now at the -- now being sued. they displayed a photo at the park where somebody had written a gay slur on the now doctored photo. so that there has been no official response from great america. the beating of a 52-year- old man with a baseball bat is likely a hate crime. it happened saturday night near market and sanchez. police say three men in their teens hit the 52-year-old man with a baseball bat while yelling homo phobic slurs. anybody with information on this attack is asked to call san francisco police. a pg&e. employee, former manager claimed in a 2008 lawsuit

claimed they ignored warnings and plotted to have customers pick up a $2 million mistake. they settled privately but they discovered documents and turned them over to state regulators. ed lee's campaign for a four-year term is not even 24 hours old and he is already facing a backlash for changing his mind about running. >> given the fact that you changed your mind -- >> now lee's run got off to a bumpy start when he pulled the papers and one man spent several minutes heckling lee. sheriff's deputies arrested him for disturbing the peace and he said he just wants to continue

working. and the mayoral form in the castro district candidates appeared before a packed crowd of more than 1,000 people and supervisor david shy attacked him about the run campaign that urged lee to get into the race. >> there are allegations that many did not follow campaign finance law and illegal shook down campaign contractors. >> he asked lee to resign from his interim post since he changed his mind about running in the first place but ed lee told us after the debate he expected a backlash. we will talk live with interim mayor ed lee about the decision to run and about his campaign, join us here comeing up at 8:30. want to check the traffic

this morning, sal? let's look at 80 westbound as we head out to the mcarthur maze traffic is moving well. most people will find that bunching up occurs in richmond and he will sierra and by the time you -- el cerrito, and by the time you reach oakland driving down to heyward on the left which is southbound it looks good near 66th avenue. this morning we are looking at 880 even further down. that traffic looks good san mateo the bridge looks good and as we move to the south bay, a little bit of slowing on cupertino. sunshine and warmer inland not a big deal but the big news could be on the weekend the

remains of a typhoon, that is just a hurricane in the western pacific once they weaken and come across the pacific they can put a lot of energy downstream with low pressure and the last three months has been low pressure. now over the next couple of days we may have warming. slightly warmer today and tomorrow. if you are inland temperatures will be coming down as we head late into sunday and monday looks like a reinforcement of that area to the north and the fog should burn off. low-to-mid 50s airports are reporting quarter mile visibility and fog. the bad news is, it is tough to see through it and also it will burn off sooner. not much of a breeze, if anything there is a north winds

which should take care of some of that fog and southwest the affair field, that is -- at fairfield, that is nothing for them once again it is only going to be about a day or two because another system will drop in the pacific northwest and one drops and another one comes in. inland mid-80s a few upper 80s and some low 90s, 92 in clear lake and santa rosa vallejo, same for pittsburgh, antioch, walnut creek, mt. pleasant alameda 67, 77 san jose, 72 down in the cruz. on the peninsular 60s and on the san mateo coast 60s as

well. it certainly appears another cool down will come on the weekend. time now 6:11 a dog was rescued in a parking lot and the dog's owners said they thought it would be okay. marking 66 years how tens of thousands of people were killed in japan. for education.

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. welcome back. that is a peace bell ringing in japan to mark 66 years since the u.s. dropped an atomic bomb tens of thousands of people were killed and that was three days after the u.s. dropped an atomic bomb on the city of hero shoma. -- hero shoma. a government computer system in japan accurately showed where radioactive winds from that damaged nuclear power plant was spreading shortly after the tsunami however government officials never told anybody. that meant people on their own evacuated into areas that were directly in the path of those radioactive winds. the mayor of town who is residents evacuated to the

radioactive areas are now worried about exposure to long- term radiation. federal reserve will meet in washington and allison burns has more on what the feds will do to boost confidence, allison? >> reporter: the feds cannot just stand by, it needs to sure up confidence to head-off another recession. the federal reserve boards policy committee meets today and will issue a highly anticipated statement about the economy. they will take dramatic action like make they are big purchase of treasury bonds instead ben bernanke will likely make smaller gestures indicating the feds continues to keep interest rates near zero for a longer period of time but ben bernanke has certainly pushed the boundaries before and will see if there are any surprises in

store later today. allison burns ktvu channel 2 news. the man used of driving drunk and hitting a nine-year- old boy who just left a giant's game has been arrested. he is charged with one count of felony hit-and-run. he hit little ryan white and he and his family were tourists from philadelphia. they just left the phillies giants game and the hospital says ryan white is making small improvements. a federal judge ordered 22 $5,000 raised in an auction from ted will go to a widow of a man who was killed by a mail bomb. another widow will receive $33,000 and the wife of a physician and researcher who

was severely injured will receive $3,300. he is serving a life sentence in colorado. they planned a -- verizon employees plan a protest at noontime in san francisco. [applauds] [crowd noise]. >> the san francisco union employees are joining demonstrators at more than 100 locations nationwide. contract talks with union employees broke down over the weekend. they are honoring a florida girl on what would have been her 6th birthday. they are asking people to write caylee anthony on their hand. so far more than 30,000 people agreed to do so. casey anthony was acquitted of

her daughter murder last month. they left a dog inside a hot car. it shows the owners getting out of their suv and left the windows cracked left a bowl of water inside. mall security found the dog 90 minutes later and called firefighters and by that time the temperature inside the suv was 135 degrees. >> that is not a guarantee that your animal is safe even if you put water in the car. it takes relatively 20 minutes for it to get well up over 120 degrees. >> well the dog's owners came back to claim their dog by the way they are not facing charges. 6:19 is the time and let's check in with sal on traffic, how is the commute. so far we have some slow traffic here and there and i want to start off in antioch where we have some slow traffic on highway 4 through that construction zone and if you are driving west by the time

you reach pittsburgh it does ease up in bay point. from concord to walnut lafayette they are in good shape and 80 westbound in richmond they still have an opportunity to get out before it gets too crowded. let's look at the bay bridge a lot of people come here to the toll plaza and there is a small delay. if you are driving on the freeway whip includes that part in oakland it looks -- which includes that part in oakland it looks good >> >> lots of clouds have returned and it has been there for the longest time. last time we had any warm weather was july 4th weekend. that is across the board. we have had a few days inland but coast and bay have been dealing with temperatures in the 50s low to upper and nothing has changed over the

last month. cold for some, a lot of low clouds and fog, and an even stronger one will usher a cooling trend and it may be a slow process. just a little bit warmer inland upper 80s and 90s and leaning on that system coming in and that will give us a cooling trends as we head for the weekend. pg&e.'s one year history is bringing in an outsider and he will take over as president and ceo next month. he has been in michigan for 17 years. pg&e.'s former leader stepped down amidst criticism over the san bruno explosion.

the internet company lost $11.8 million which ended in june but that's much better than the $1 billion loss it reported for the same time last year. revenue fell 8% for aol at slightly more than expected. 93 million miles away may cause major communication problems on earth. we are talking about the sun and why it is playing a big role in that problem. good morning, if you are driving on the san mateo bridge and it looks good, we will tell you more about the morning commute coming up. ♪ ♪ mm-mmm-mmm-mm-mm-mmm

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. good morning if you are driving to the westbound bridge, you may make it as you drive to the city. now this morning the faa is investigating an emergency landing near a well-known winery near the russian river. investigators say the pilot reported some type of mechanical problem with his small plain. he managed to land safely on

river road a short time later. he has a creative idea to develop a drinking water problem. he wants to tow icebergs. they could also provide water for farmers but he needs $10 million to make his plan a reality. federal government wants tighter regulations with well- known chemicals which are rarely listed on chemicals but you can find these chemicals in just about every garage cleaning products, brake fluid, paint they all contain these chemicals. they have also been found in tap water. >> exposure to pregnant women can cause harm to their developing fetus and these

includes miscarriages as well as birth defects. >> they will restrict the use of these chemicals in new products but until then pregnant women should avoid exposure to these products. national ocean and nick atmospheric said solar flares could take down power grid. there have been three large explosions from the sun during the last three days. three days of rioting have left the area looking like a war zone. new tactic london police may -- new tactics london may use to stop the violence. a deadly shooting that killed a three-year-old boy. and who is meeting today,

we go live today to the opening bell next.

. welcome back to the morning news, they are getting ready to ring the opening bell, there it is live we are looking for a 1% rebound on the opening and that's expected after the two big sellouts and also we are looking for the federal reserve, they are already meeting in washington and a statement is expected to be released just about 11:15 our time so we will be looking for that and of course economists are looking for the reserve to bring confidence. there is also a bond buying program that could help the confidence and the bottom of your screen is headed up and we

will have more in that said meeting later today. august 9th, i am dave clark. >> and i am pam cook, it is now 6:30. >> well that opening bell pam was telling you about was what investors was waiting for this morning. watching the financial district, back with us live, good morning alley. >> reporter: we had a chance to talk with investors who work out here in the financial district and they say there are two things that could have a positive impact on the market this morning. first of all down s&p 500 futures were up as of about an hour ago but they say it's not always the best indicater of how the market will do and more importantly the issue you heard pam talking about the federal reserve is meeting and there is talk and speculation they could have a policy change to boost the market but investors say

any news from the federal reserve would be welcomed news after yesterday's 634 point drop in the dow jones industrial average. it was the biggest single point drop since 2008 and nasdaq fell losing nearly 7% of its value. asian markets closed down and european were mixed and we spoke to investors who say they are expecting another rollercoaster day today. >> i certainly think the feds will be proactive in this meeting and i expect investors will be proactive, think about what you need to do for yourself. >> the federal reserve completed a $600 billion transfer of treasury bonds. >> reporter: federal officials are meeting as we speak and we should have information four hours from now as to what they will decide to do.

we are talking to investors here in san francisco about what they are seeing and how they are reacting. ktvu channel 2 news. state treasurer said the downgrading of the nation's credit rating should not have an immediate impact on the state but california needs to do something to boost their own economy. last month standard importers changed from negative to stable after the budget was passed on time. we have the latest economic news as well as tools to monitor the markets. just go to www.ktvu.com and look for the wall street tab on the front page. this morning oakland police continue their search for the gunman who killed a three-year- old boy. jade hernandez joins us from the police command post near the scene of yesterday's shooting, jade? >> reporter: quite a few

developments within the last half hour. in oakland life long oakland resident brought a teddy bear to mark the spot where the three-year-old little boy was shot and killed yesterday afternoon. that little boy was shot to death by gunshots police say intended by gang rival members. >> this area right here is populated with all kind of kids and it is amazing. >> most likely, that is the thing about it. it wore on to the point where you are trying to understand it. >>reporter: they are calling it a tactical alert and alameda sheriff's office is pat controlling this area -- patrolling this area. the department has not made any

arrests. a car went by and shots rang out near 64th and international just near 1:00. the two men who were intended targets were wounded but the little boy is the youngest victim killed in a shooting which appears to stem from gang rivalry. the command post is parked this morning and the parish used a statement saying she has asked the u.s. attorney to form a joint task force for the alcohol tobacco and fire arms to work with oakland police to address the city's increased violence. the police chief says some of the two dozen officers rehired after recent layoffs will be back out on the street and they will continue what they are calling a tactical alert on open violence. jade hernandez ktvu channel 2 news. the 30 u.s. troops who died

are on their way home this morning. coming up, why the pentagon is not allowing photographs to be taken at today's transfer of the ceremony this morning even though its policy recently changed. just within the last hour a london commissioner said it is possible they will use plastic bullets to stop the rioting that has left the city in rounds. we will show you a video of the after math. take a look at this. groups of young people have set buildings and cars on fire, looted stores and attacked police officers. early this morning, british commissioner had a warning for those taking part in this violence. >> i have a very clear message to those people who are responsible for this wrongdoing and criminality. you will feel the full-force of the law. and if you are old enough to commit these crimes, you are

old enough to face the punishments. >> the writing started after the fatal police shooting of a man but for now looters are taking advantage of the chaos. so far police have arrested 525 people. a court hearing is set this week in a cold case murder of a pleasantton school girl more than 25 years ago. police did not release the name of the suspect but we have learned the suspect is steven carlson from santa cruz. he is a registered sex offender. the body of tina was found in 1984 in a drainage ditch. she had been stabbed to death after leaving high school. they tested old evidence using new dna technology. family members had this reaction. >> he should have turned

himself in. he needs to serve some time. >> the suspect was 16 years old at the time of the killing and is being held at the jail. how the markets are rebounding after two big sell offs, take a look at the big board, dow jones industrial average up 123 points. some of it probably some short covering which is not all that positive. there is some optimism as we look for the feds meeting and they issued a statement at -- they will issue a statement at 11:15 and we will look for anything they may say about the economy. they are moving through the toll plaza? >> right now traffic is slow here at the toll plaza and it is backed up to the 880 over crossing about a 12 minute delay, no major problems on the

bridge. if you are driving on interstate 880 traffic continues to look good as you continue northbound on the right traffic is not stop and go. southbound traffic is going to be very nice all the way down to heyward and then it does begin to slow down. let's look at the upper east shore in vallejo, traffic looks good no major problems. antioch is where the slow traffic is and some slowing in pittsburgh and it looks good from concord to danville. as we move to livermore westbound 800 gets better by dublin and in heyward southbound traffic is slow approaching 92 but it gets better. let's go to sal. >> -- steve. a little chill in the morning air, temperatures in the 50s cool overnight lows are cool and we do get the good

sleeping weather. low clouds, chilly and once it peels back to the coast 48 and 50 mainly low 50s and the fog will start to burn off by this evening mostly sunny and always some fog tends to hang on and that's not happening along the coast. 68 the big spread if you are visiting and if you are tourists go east and if you want the cool stay west, it is keeping temperatures 35-degree spread. temperatures are not going anywhere but fog will burn off. 52 to 59 some fog at the sonoma airport so be careful, maybe around windsor santa rosa, southwest fairfield, just a hint. most locations stay calm

though. another one will regroup and come back in and it could be a big one as the remains of a typhoon, it looks like it wants to enforce it by the weekend so if we get a little warmup, it doesn't go away and it will give us a cool down. so breezy at times but nothing compared to a couple of days ago. 60s and 70s to 80s and 90s sonoma napa, clear lake 92, 88 antioch, 84 lafayette, walnut creek danville 76 berkeley 87 morgan hill, 87 san jose. woodside san mateo 60s and in

the city too much fog. no big changes on wednesday and it does look like a cool down. it will happen on the weekend for a big drop inland towns by sunday and monday. 6:41 is the drop, it may not be all good news but what is coming for your own personal budget. top and go traffic driving up to the airport, we will tell you more about the morning commute.

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. >> well,good morning and here is a quick look at some of the top stories, investors are watching what happened with wall street. dow jones industrial average is up about 2 points right now it was way up a little while ago and it has come back down. we will be listening for any clues from the federal reserve later today and that meeting is going on right now and will wrap up in about four and a half hours and we will keep you posted. they are continuing an all out search for the gunmen who killed a three-year-old boy. it happened on international boulevard. the two men who were the intended targets were wounded.

the toddler was standing on the sidewalk with his family and was killed. bart service is back running again. a computer glitch caused it to suspensor visit nationwide and that move was a precaution. they are urging people to lock their car doors and windows. this is a response to a growing problem there. >> well we had a lot of break- ins and this is the avenue which is sort of the main drag which goes through the west side of the city and a lot of the main streets have been targeted such as the one i am standing on now it is called baker. this is where overnight on saturday some time a jaguar was stolen. there were four vehicle break- ins over the weekend and that jaguar was one of two stolen.

we put in a call to police and we asked if it was some sort of crime spree by the same thieves. they are reminding folks to lock up your cars. also they are recommending you install some motion sensor lighting in order to report any suspense activity you might see. ktvu channel 2 news. time now 647, later today the pose disof the 30 miles per hour troops from the helicopter crash are due to arrive in delaware. they will not allow any media coverage because they are still being identified. army rangers say they saw a rocket propelled grenade which brought down the helicopter. 22 of the 30 troops belong to

the seal team the very same team that raided and killed osama bin laden. >> they were far from home... but we know that they were also where they wanted to be... doing what they wanted to do... >> now the commander of u.s. forces released a new statement this morning. he said the u.s. will cherish the sacrifice made by those 30 u.s. troops. away area native is among those killed in afghanistan. derek benson, he said his grandson served in the navy for 12 years. he is survived by his wife and young son. going back to ken salazar for traffic, sal? >> as we get to the heart of

the morning commute, you will see some slow traffic and 880 will be slow coming down from fremont and that's good driving passed the coliseum. 0 no mail problems -- no major problems approaching the toll bridge but there is a 15 minute delay at the toll plaza. let's go to steve. 6:48. >> good morning low clouds, big fog bank and it has been big for the longest time. you would think september october we might get some warm weather but i will tell you the trend is your friend and we get a warmup and it gets bumped out of the way and there may be a sign of a big cool down and i will tell you why in a second. clear cooler cold, definitely on the chilly side, there will

be fog hanging out by the coast, most locations will have sunshine, showers, high pressure builds for a day or two, it also means it will burn off sooner. 52 to 59, not much changing and they have not gone anywhere. it lasts four to five weeks. 59 and 60 that is about it. a quarter mile be careful if you are heading near there. southwest, that is a little guy for them. most locations stay calm. there is already some sun and high pressure builds and look what happens, the remains of a typhoon in the western pacific there are two but the main one is recurving and as they do it is a lot of energy. forecast models have a hard

time grasping on to those. it can fire it up and give us warmer weather or it can make us cooler and become stronger and that's what will happen over the next three or four days. after that fog burns off, we will have 60s by the beaches, 70s bay and 90s inland. walnut creek 84 a ward 74 and 77 santa clara. 60s low mid-to a few upper on the coast and san francisco. about the same into wednesday, here comes that cool down looks to me as we head to the weekend. they report the activity which fell during the second quarter, labor costs rose faster than the amount paid for

goods and services. anything better than expected could help the markets but i will have a live look at the big board. they are down 9,000 but they have seen a big pop on the opening and down a little bit shortly there after so we will continue to watch what happened after the federal reserve and again they will relies -- release a statement at 11:15. gold up more than 23% since the beginning of the year so if you bought gold congratulations. right now it is one of the few commodities -- commodity tis seen for manufactured goods. the only thing plunging on wall street, oil prices kind dropping. gas prices are likely to fall now with its lowest price in

more than eight months. the reason fears over the double dip recession and downgrading by standard importers. how a national organization came to a conclusion? northbound 280 traffic is getting busier, approaching highway 17 and we will tell you more. dear sister. , i am the queen, get your annual ikea catalog today.

. welcome back to the morning news, still up, 10927, we'll see if it can hold to the federal announcement. san francisco man convicted of intentionally running down a man with his car and he will be sentenced today. hamilton diaz was found of man slaughter. he said they got into an argument in -- argument in 2007. gross smashed the windshield of the car diaz was driving and then he ran him over. he is facing 14 years in prison. according to a report san jose is the geekkiest place. they define it with a degree in

an engineering field or somebody's whose field if it's some sort of technical degree. 70% of the workforce has some type of technical profession. how is the commute sal? it normally gets busy this time of the morning and let's go to the toll plaza which is backed up. the meter lights are on so it is typical. interstate 880, traffic in oakland looks good and this thursday night, raiders will play at 7:00 and just put that in the back of your mind because it will have traffic implications. if you are driving further south, it is getting slower approaching heyward. let's go to steve. >> thursday 7:00 raiders.

low clouds give way to sunshine and it looks like fog is shallow. 60s, 70s and 80s a few mid-to- upper 80s not much change closer to it. also coming up on mornings on 2, a veteran police officer angry over a demotion turns -- turns in his badge. also u.s. airline passengers go batty, stay right here with us.