right now the biggest drag on the dow, up about 130 points we also want to take a quick look at autodesk, that stock popping, and we will seek to the ceo later this hour. mixed set of results here. snow and crm saying different things about enterprise spend, this is what investors are trying to figure out what gets the enterprise first, what comes maybe later, the nasdaq, maybe this is the most important thing, it is outperforming, investors focused more on jackson hole and the fed. >> i'm not sure that the message from these earnings is mixed so much as the difference is expectations and momentum. it seems to me that what we're getting from these earnings overall is the message that a broad based demand slowdown for enterprise software isn't the foregone conclusion if the recession is mild. we were just talking yesterday with -- intuit, small, medium business doing just fine, and continuing to spend on their subscriptions as sort of a core essential part of continuing to run a business despite economic turbulence largely, the same thing happening for snowflake. you know, we had frank sl

new san francisco headquarters autodesk says, the closure is not associated with any job layoffs or losses. 10 of california's 11 industry sectors gained jobs in july financial activities was the only industry sector to post a month over job loss in the newsroom melanie woodrow abc 7 news. so the financial sector trend a very differently here melanie any reasons for the job loss there? yeah kristen according to the california edd that lost was due mainly to reductions in insurance carriers kristen. fascinating. thank you melanie ecommerce. giant amazon is downsizing its warehouse space in the us. that's according to the east bay times. the company will cancel close or delay opening 49 delivery facilities including five in the bay area at the same time an amazon continues to build several new fully automated facilities amazon's online business reported a 4% decline last quarter. the company has said it expanded to aggressively during the pandemic. a strike by kaiser mental health workers has entered its fifth day with no indication of when it'll end today hundreds of psychologists co

new san francisco headquarters autodesk says, the closure is not associated with any job layoffs or losses. 10 of california's 11 industry sectors gain jobs in july financial activities was the only industry sector to post a month over job loss in the newsroom melanie woodruff abc 7 news all right and melanie, it is interesting. what was the reason for the job loss there according to the california edd that loss was do mainly to reductions in insurance carriers. all right, melanie. thank you so much. and california's unemployment numbers may be encouraging but it was a much different story today on wall street. there's another interest rate hike since stocks spiraling the snapped a four-week winning streak for the markets the dow jones dropped 292 points the nasdaq fell by 260 and the s&p 500 was off by 55. we are learning new details about yesterday's mid-air collision that killed three people. it happened as two small planes were trying to land at the watsonville municipal airport. an aviation enthusiast told abc 7 news the small plane did not have its location transponder turned

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well, autodesk, which was on the s&p also, up 5 percent. amd, d.r. technology and microchip tech all moving higher today. let's take a look at the 10-year yield. it was earlier above 3%, right around 3.1. there it is, it's down slightly, 4 basis points but still above 3%. let's take a look at gold, see where gold is. up $9 at 1770. about a half a percent gain. what about bitcoin? see where bitcoin is trading right now, down $110, down half a percent if at $21,600. what about crude oil? it's under $100 at least, $95, up 29 cents this morning. let's take a look at a natural gas. it's going to be a big story this winter certainly many europe. almost flat, up very slightly at $9.36. and the average price, by the way, for a gallon of regular, $3.87. what about diesel? take a look at that if we can. i believe it's right at $4.98. that's a lot more expensive, especially for those big 18-wheelers. let's move on. coming up, the white house dodging our very own peter doocy's question on who will be paying for the student loan handout. roll tape. >> reporter: w

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