look at that. okay.ash incident on the shoulder 28 north at 50.rth at 5 66 is all jammed up throughhr oaktown and vienna.. low moving traffic from a gai gainsville, manassas sun glare g grab your shades you'll need n them. 66 delays from lehigh way to thy beltway as well.way you're looking at about a triple drive time sowed about 18 extra minutes to your commute.ommute westbound delays from spout ones parkway to sycamore as w so a lot of heavy traffic in ann out of the district.ict. right now the inner loop from the 395, 95 split to gallowsal road we're seeing very slow slow conditions there.nditiohe average speeds under tenementsen and that tysons heavy traffic 395 northbound jams as well. wel a lot of slow downs anylow downs questions at erin fox5 d.c. onn twitter. back to you steve and allison. >> appreciate it. thanks so much.th >>> coming up is there anythinge that young men can do to stop an interaction with police fromole escalating into violence.nc >> one local lawyer says yes,sas there is and he

let's look at this.the slv, trading here right for the show, if you look at where slv is now in relation to how far above or below it's been, it is now bottom panel here, depicts the percentage. it is 25% above its 150 average. it's only done that two or three other times going back basically a decade, so do you trim it? that's the problem, then it keeps going. that will be maddening. do you get out and thank goodness because it comes back? here's the daily chart. look. you can draw these lines any way. the original set up. that head and shoulder, also a bigger cup and handle. it's kind of a run-away train. i would take some measures maybe trim, but something this strong can take on a mind of its own. >> mike. >> one of the things is we're short the 18.5 strike, which is close to where slv is trading. so, time is working on our side if we want to stay in this trade. we have more than doubled our money. i think dan made the point don't settle the upside call up if you think it's going to break out. actual

you're looking at capital. u're looking at that fixed income revenue line. so people are looking to the bank and looking into next year and thinking in particular, the unit which is raised on profit as we saw today. well that is going to ease for next year. perhaps we're turning a corner. mark: coming to you b.s., it was interest because earnings beat but tough world for management. tough investment banking and they warned very little visibility about the near future on all fronts. shares gave up most of their gains, didn't they? elisa: yes. that's right. u.b.s. is now pretty much a wealth manager. that's what people look at more closely. and the two takers there that investors would have been looking at me new money flows which are behind the annual growth.ate at 3 to 3% and to tend for that, you've got to focus on cost and on cost. they're saying that the targets are going to be achieved and that tempered the news on the wealth management side. vonnie: elisa, there's a great column on the bloomberg about how the brexit induced turmoil actually helped u.s.

look at this downtrend, look at this support. it gets you somewhere in the 80s.'s the thing. if you want to make a directional bet into earnings and you think this is a sufficient catalyst here, the at the money calls or the at the money puts in the weekly options are very cheap on a historical basis or you can use them to buy protection for your long stock that you're not going to sell or leverage up an existing long position. i just want to bring it up because i think it's unusually cheap. >> your reading of the charts would be presumably the same, carter, pretty straightforward. >> good lines drawn and reference points are there. it's an inflection point. the rally of late leaves it back up against the difficult level. sometimes you're in a position to sort of do nothing. but i think more important maybe than apple is going to be what google and facebook and amazon say. >> why do you say that? >> we know the market cap is bigger but in a way i think people -- i'm not saying giving up on it but it doesn't matter as much as it would matter if you got a surprise

so nice looking forecast of the and here's another look at.t again we want to mention the front coming through will push the hot air south temporarily, 80s tomorrow. nice tomorrow. let's not get used to it. south west flow returns and 90s are all about a guarantee. question is whether or not we do any of these around here we'll get awfully close to it saturday and sunday. daytime highs upper 90s. i'm afraid the heat index pushes 110 by saturday and sunday afternoon. so, dangerous heat on the way. and here's the things, with the heat wave it's not just a day or two it's several days, friday, saturday, sunday, monday the worst of it with daytime highs mid to upper 90s. again we want to be prepared for that. and all right let see if you're prepared for the roads. certainly not the outer loop or whatever steve showed. >> good job tucker outer loop look at the crash scene there you paid attention and get a gold star. crash scene taking out the left lanes and you see traffic getting by left lanes past coalsdale road between georgia and coalsdale roa

gdp which is backward looking is the rate decision -- backward looking.k bank of japan is going to be interesting to the extent they are going to do anything, it is probably going to be seen as a part of a monetary policy and this coup policy package with fiscal policy to hollow afterwards. -- to follow afterwards. manus: caroline had a lovely line which is kuroda is like denial, denial, and then some form of helicopter money. he needs something quite substantial to shift gears. richard: i think it will be conjunction with mr. abe on the fiscal side. realistically, we've got an overwhelming of economists expecting an additional qe, more etf purchases, perhaps a cutting rates. i think you're right to highlight the fact that helicopter money by some of the name is what investors are looking at. manus: there's brexit, the probability of a hike drop. our guest this morning on countdown saying you need work to be at 80%. will this shift to get it up to 80%. richard: i think is too soon after brexit for them to really ramp it up. i think i would be interested t

taking a look to the south. mid-60s morgan hill to gilroy and santa cruz and 53 at boulder creek and 59 for santa clara and cool conditions and everybody is in the 50s. the system continues to work its way from north to south in the pacific northwest. and that enhances the fog for us. and 50s and 60s and bay and inland temperatures and now 70s and low 80s for most. sal, two issues are you working on here. >> yes, the highway 4 thing is unfortunately no longer a big traffic deal. eastbound highway 4 at hill crest. clearing up an accident there. i do want to mention that we watched the tracy commute, steve, and you too, if you're waiting for the tracy super commute. i do want to mention that 205 is already slow. a little bit before mountain house. heading west, and 580 gets slow after you pass 205 and you drive over to the altamont pass. and a bunch of stop and go traffic there. and moving along, and taking a look at the toll plaza, the traffic is light coming into san francisco. if you're driving on northbound 28

look like?obably the most important time in global advertising, $600 billion industry and a fraction is digitized and eventually, advertising will be as easy as e-commerce oh it's about putting together the commerce systems. we will be building with yahoo! a combined set of platforms and assets to attack that $600 billion industry. is as easy asing e-commerce but they are in third place. i think they are at 5% so they are in third place. people wonder what they would do next. they will not do anything for the rest of this year but maybe next year, maybe they will look at twitter. maybe they can close the gap that way. if they want to close the gap and build content, twitter might be a way to go. interesting, thank you very much. marissa mayer, the ceo of yahoo! will be here at 9:30 a.m. eastern on "bloomberg ." it's exciting to see how this will unfold. jonathan: there are bank earnings throughout a week as well as deutsche bank so europe isn't focus. with the fed on wednesday and the boj f

napa looking at clear conditions. so as we go through the next several hours, you will notice we still have the 50s here but we are looking as temperatures slowly climbing to more comfortable readings. . >> authorities are trying to find out how a man fell to his death off a cliff. percentage joaquin takenna was the first journalist on the scene and this is a story you will see only on abc7 news. >> this was a swift and sizable effort to save a life. rescuers on surf about words, firefighters on jet skis and the coast guard with a fast boat all swarmed the area, but it was a rescue that didn't end well. >> we retrieved the victim from the water and he was transported to marin wishes is the base for the coast guard. unfortunately the adult male was diseased. >> he was driven away in a black van and officers with the police and ranger service inspected a few pieces of evidence. they have not released any information about how the man fell off the cliff or who he is. san francisco firefighters say the area he fell in was

looking at the futures, we look like we are lower.e: i think we probably -- guy: i think we probably will be. keep an eye on the italian banks and the banking sector. london looks like it will outperform. this was the back end of yesterday's trading session. we're just going to come to the open. the ftse looks like it is beginning to try to push itself a little bit higher. as you can see we are up fractionally at the moment. open.lly, it's a flat here.ndon market is up, we are getting a little outperformance from the under market but this is the pound sells off a little bit more. >> we saw asian stocks drop for the first time in a week and in europe it looks like we are seeing the same trend, pretty much read across the board. andsia it was energy banking stocks leading the losses. energy leading the losses followed by utilities down 6/10 of a percent then followed by financials. it looks like consumer staples is the only industry group heading slightly higher. let's take a look at how the u.k. guilt markets are opening up. we always

they look delicious.ichigan until moorestown 84 degrees with clouds, sending out the goodwill throughout the land. peace to all. coming from david for positive message. thank you for. that 86 degrees as we head in northern delaware, with sandor at 86 with sunshine. he aid what a wonderful summer day. low humidity. bright sun. a nice breeze. it is perfect. and perfect pictures, from our weather watchers. i want to show you this from phil this was last night's sunset what a gorgeous shot this was in the wake of the storms, beautiful sunset last night and then again we have lots of sunshine all across the region. we will check with wayne hunter, partly cloudy skies, clouds bubbling up to the west but otherwise blue skies, and we will see this nice bird flying around enjoying a beautiful day. looking out, storm scan three shows everything is quiet right now, we will look outside to our live neighborhood network sites. we are eag unshine outside, right now and we are looking at gently dry conditions all across

looking at the live shot right outside now, looking at the clouds hanging overhead, it's looking pretty ominous. today and into the rest of the weekend looking no different. the possibility as you see on the bottom of your screen with your scrolling seven day forecast, we have got storm potential. today, tomorrow, even your monday. let's look at the next three days in your neighborhood. starting out in philadelphia today, 85 degrees. some thunderstorms possible. same for tomorrow. now, we're not talking rain all day long. both days. we're looking at on/off thunderstorms, possibly seeing them stronger than others. so that's the warning as we move into your afternoon. monday as well looking at some showers possible at 84 degrees. in the suburbs today, 84 for the temperature, dipping to 83 tomorrow. not a lot of variety in your temperatures. most of us low to mid 80s as we move through the suburbs and into the lehigh valley as well. as we move through parts of new jersey, the shore and into delaware, same situation. storm possibilities, showers monday. do look at the shore a little lower t

(family laughs) and the whole party is looking... can i take a look? mitch come on!et high speed internet from at&t with 99.9% reliability at an everyday price with no extra fees. keep calm, your internet's on. >> san francisco, santa clara, this is abc7 news. a brushfire is at 1,100 acres outside of santa clar it a with 2,000 people initially told to no homes are threatened now. there was a broad flag warning in tinder dry southern california because of winds and low humidity. residents displaced by a five alarm fire in san francisco face being out on the street. again. flames gutted several buildings on mission street a month ago. those displaced are living in temporary housing. for now. that could containing soon. our reporter explains. >> jose this hotel room. his coin collection survived the fire. >> what did you fine when this survived? >> thank god. >> they wondered where they will go in the next couple of days. their neighbor said they got a dire message from the red cross that the group that has been paying for their highway toll room after the fire. >> mond

take a look at the bloomberg.nthlyour active users and the blue bars are total mobile users, and they have been hardly growing quarter on quarter. is stagnating and plateauing out, and that is a chronic concern for investors as well as the blue bird. up next, the austrian dollar getting a boost on bets that inflation data will signal a recovery. we will have those numbers as they cross the terminal, next. ♪ [hip hop beat] ♪olympics 2016, let me get you on my level. ♪ so you never miss a moment, ♪ ♪miss a minute, miss a medal. ♪ ♪ why settle when you can have it all? ♪ ♪soccer to wrestling. track and field to basketball. ♪ fencing to cycling. diving to balance beam. ♪ ♪all you have to sa♪ ♪ is, "show me," and boom it's on the screen♪ ♪ from the bottom of the mat, ♪ ♪ to the couch where you at? ♪ ♪ show me the latest medal count♪ ♪xfinity's where it's at. ♪ welcome to it all. comcast nbcuniversal is proud to bring you coverage of the rio olympic games. ♪ rishaad: a look at our top stories, asian equities on the up.

look at the golden gate bridge.ot only the fog, you may even need the wipers. 50 santa rosa you, upper 50s in the inland east bay. we are looking not only for the fog to clear, but with partly cloudy conditions this afternoon it will be almost like usual. we will talk about more seasonal weather in the days ahead coming up. chris. >> lisa, thanks. we are tracking developing news

whitfield ready look being west here again look at this great start. hills, the mountains, in the background, outdoor temperatures right now across our neighborhood network in the 60s, low 70s, warmer down in delaware, 73 rehoboth. seventy-two dover. at 67 in wilmington. hammonton, 67 degrees, feels like a very nice, cool, comfy start to the morning. and i tell you felt great outside. outside, not too hot or humid, been tough the past few days, and i know i'm know if it is too hot, too humid, i'm if the going out to exercise, may get out on one of the trails in our area enjoy nice comfortable start to to your sunday. pool plans, beach plans, couple of clouds, don't be shock if the clouds do come in for brief time this afternoon. notice, 1:00, just couple of spotty sprinkles mainly allentown up toward mount pocono. should put instability in the atmosphere. again, afternoon, probably not full sunshine like this morning has been, that said, we will be in and out every sunday shine all day, looks great at 2:00 p.m. starts to thin out in the afternoon, 5:00

we're looking at torrential downpours.e have the flood advisory out right where i just showed you that heavy rain. the flood advisory saying that we've already seen an inch of rain or more on the ground. and we're looking at the potential of street and creek flooding and areas are already seeing flooding roadways. you never want to drive through. that through the rest of this morning until 9:00 a.m., we'll keep the first alert up. it will go until 9:00. after that, we're going to see very fast clearing. and what we do expect until that time, that heavy rain that could be continue to give us that threat for flooding in south jersey and delaware this morning. here is future weather. there you see the heavy rain here at 7. 3067 7:30. 9:30, big improvements. temperatures will be heating up around 90 degrees. when i come back, we'll take another look at the rain and also we'll try to get to that extended forecast for you, too. it is at the bottom of the screen for you. that is straight ahead. >> 4:52 on this tuesday. two delawa

looking at the imap on the bloomberg, it looks like financials are the best performers, up 1%.sk appetite, continuing. energys like it could be that is the worst performer at the moment, interesting given the oil price. performer, the best followed by consumer discretionary and telecom. it is energy and utilities lagging. overall, we are seeing gains. if we see how the u.k. 10-year yield is doing, this dropped to a record low. it fell below 1% for the first time ever in the brexit aftermath. we are down one basis point on , looking at yield 0.84%. i wanted to take a look at the ftse 100. refresh this for you. it's headed towards its best weeks since 2011. you've got to take into account the weaker pound. it is still not looking pretty if you are an international investor. it looks like some of the best performers, dickson carr phones, notds ranking -- banks, doing too poorly. looking at the week performers, astor zeneca, diageo, travis, perkins. this is how we are looking at individual stocks. ftse.take a look at the i will refresh this for you. had, thef that news we fund in i

look at this. little shower from the beer, but bottom of the secretary, we pick things up, ryan howard. gone. solo shot, 370 of his career. 77th of the all time list, 1-0, phillies, grounded a short, deep to throw, carlos, however, rata tat tat. getting hit when it matters most. pet peter bour. >> -- peter bourjous. >> he is falling off tough pitches to right field. he is just not flying off the ball like he has been, and he is getting results, you know. i don't think he was trying to hit a home run that last time up. he was trying to make solid contact and got a big hit and gave us the lead. >>> sixers summer league is over. wait until training camp to see ben simmons on the court again. we got a good look at sarge who will be playing for the olympics. >> i think it doesn't make a big position, however we play, however we help each other in the game, and i think we will make good things, not just me and ben, the whole team. >>> a champion will be crowned soon. third round, mickelson and stenson ma

a live look outside in the district. new york avenue as we look at cameras.much jams up as cars try to be prepared for that and see heavy employee of traffic new york past tunnel avenue and backing up near new jersey as well and keep you updated aen metro stuff back to you. wisdom and holly. . >> the shoots of police and plaque men in texas, minnesota, louisiana have shipd a spotlight towards minority community and law enforcement identify. >> montgomery county state police easing teptions between the two groups hod ago town hall meeting to discuss the shootings. goal of the meeting is to hold a frank discussion between community members and police about establishing better trust and figuring outweighs to reduce gun violence. >> tonight's town hall starts 7 at the regional service center in germantown. >> happening today the black ministers conference in montgomery country holding community wide prayer vigil for the officers killed in baton rouge. more than 500 ministers and parishioners will garageer vavry baptist church. reserveers are calling for end of po

and looking good right now, lets go outside and see what is looks like.e are looking live at a beautiful shot at penn's landing. looking live down at the shore, everybody is out there and getting ready to enjoy it. lets check the current numbers for you, here is what 20 expect. you got to get outside down at the shore penn's landing or whatever you want to go. the weekend is sizzling and we are tracking heat wave number two and it looks to be an extended way. 8:25 is the sunset and one month 7:49 and two months 7:00, we are losing our daylight. 80 in allentown and reading and 78 in lancaster, 83 in millville, and 80 currently in cape may so feeling good. satellite 6 along with action radar showing we are nice and clear and we have a few couplelous clouds popping out to the north and west and the cluster of showers and thunderstorms trying to form in the overnight hours and a few down to the south and not in our region, but that is an area a little bit unstable. here is future tracker 6 showing you 3:30 in the afternoon and this wants to show something in

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he pointed it out, i look at some of the valuations and you look at some of the charts.tarting to go parabolic. you talk about companies that have peg ratios price earnings to growth between 3 and 4, facebook is at 1.3, one of the premiere growth companies of our time, that's the value trade right now. >> right. >> so when you get the first whiff of any economic growth, that's when -- >> at the same time did you miss out on this trade? i mean, these stocks as you've mentioned gone parabolic. you could have made the case, you know, a couple months ago. >> now you've got valuations that are, you know, 10-year peaks. >> say you want to have yield in your portfolio but you don't want to pay these p/es. >> you can go almost anywhere. even if you don't want yield and a 2% yield, you want to accept a little less, look at the defense industry. that's definitely going to work. that's a safety trade right there. the lockheed martins, l3 communications, these companies are going to go higher because budgets are going higher. you can't keep growing earnings unless you grow sales and

a live look outside. a big difference from 15 minutes ago one we showed you the same camera, hardly any traffic at that point and now it is all stacked up. we will get the latest on the commute from robin. nexium 24hr is now the #1 choice of doctors and pharmacists for their own frequent heartburn. for complete protection all day and night make nexium 24hr your #1 choice. i'm not a customer, but i'm calling about that credit scorecard. (to dog)give it. sure! it's free for everyone. oh! well that's nice! and checking your score won't hurt your credit. oh! (to dog)i'm so proud of you. well thank you. get your free credit scorecard at discover.com. even if you're not a customer. >>> welcome back to the kron 4 morning news, tracking a growing back up. take a look at the heavy traffic approaching the pagans into san francisco. the start of the slowing is the west grand -- it is moving very well across the upper deck and it is under 20 minutes to get from the base over to the skyway. i spotted a new accident fo

westbound look going now. switching it over from a look at cameras to a look at maps. your way in kensington a crashen closure. police investigation sky fox on the way to check this out. we'll bring you a live look as soon as that becomes available and we're tracking roadwork northwest section of district rock creek parkway northbound near kennedy centered sketched 8 this morning lane closures give yourself extra time to get in that area. right now silver, green, orang orange, red lines all on time and because of safe track surge three this is first real morning commute that is affected. no rail service between braddock road on the line and they're relisting it with shuttle bussing keep in mind crowded companies on shuttle buses as soon a this morning as more folks hit the road. braddock road, city and pentagon shuttle service available. same story between braddock and for airport customers only. plan ahead and get early start if you keep to shuttle service. trains raining every twelve minute on the blue line. approximately every 15 minutes between franconia and braddo

look! dan marino! hey, marie. looking good. me and marie go way back almost 10 years now with nutrisystem. i'm dan marino, and i lost 22 pounds with nutrisystem. 10 years later, and the food is better than ever. marie, you don't look a day over 29. it must be nutrisystem. thanks, dan! you're cute! [ applause ] wow, well, joining us now are three incredible ladies, all nutrisystem success stories... -whoo-hoo! -...lori, vanessa, and kelly. [ applause ] hello, ladies. -hello. -hello. aren't you beautiful. look at you. they are, and we're going to have some fun because, with nutrisystem, it's not just about how you look. -right. it's about how you feel. but let's show our audience first take a look. so when you see that -- just tell me what you think. [ lori ] when i see that, i get emotional, because that's not me. it's not me. this is me, living my life, being there for my kids. we had kids much later in life, and i wanted to be the mom that was on the jungle gym, that was coaching their volleyball team, that was running around

what do you do as an alternative. >> we are seeing investors looking for yield, looking for income are being pushed down into potentially riskier assets and to spread the assets down the capsule structure. we are seeing extending on purchases and it is difficult. i think in this environment you need to be flexible and the ability to be pretty nimble is important. we're even seeing it if you look at the etf flows. huge flows into bond etfs. >> i was going to say on the equity side it's the move in bond markets that's continues to drive this global rally if you will. so does that suggest to you that investors should be cautious. >> with respect to the bond market and parking lt of the hi yield we have been encouraging, but on top of that in terms of yield capture, diversificatiodi that's the key message as well. if you are going down the capsule structure, you risk. if there's one thing brexit has taught us, there is no certainty coming through these risks. so stay diversified. go into private markets and things like that. increasing interests. and other conversations we're having, gold.

dry, quiet, looking pretty good. sunday, looking good as well but look at monday morning.ry to start but off to the west we're watching an area of low pressure that will kind of ride along a stalled front. it could stay little farther to the south but look at the clock. 5:00 p.m., 6:00 p.m. looking at the threat of some rainfall moving into delaware part partsf south jersey once again this is on monday afternoon and evening. we hope that system moves a little farther to the south. 70 right now in atlantic city. mid 70s in wilmington. upper 70s still muggy in allentown so for tonight a couple of leftover storms most of us drying out. 84 for the high tomorrow. lot of sunshine with clearing skies and also lowering humidi humidity. that weather authority seven day forecast showing you a beautiful saturday and sunday again. and once again monday afternoon and evening putting that storm chance in. scattered showers on tuesday. we dry out for the middle and latter part of the week and those temperatures heat up around 90. we could be talking about a heat wave for the middle and l

then we look at 309 southbound looking the same thing look at this, guys, almost nobody outside. i can't blame you if you have the day off. great for you. past the turnpike looking very quiet. pretty darn sure we will be talking about how quiet the roads are today because of the fourth of july festivities going on and everyone taking the holiday offment construction route 42 freeway both directions between route 544 and 295, there is lane shifts in place, i'll let you know that lift, joe, back over to you. >> meisha, thank you very much. fourth every july festive tis will be getting under nay just a few hours. >> "eyewitness news" reporter pat gallen is enjoying this holiday weekend in ocean sit, pat, i hear you have a look at some of the events happening there today, and what a cool picture of the sky you have on urine is that gram page. i loved it. >> isn't this amazing site here on the ocean city boardwalk? not me on the surrey. this view of the sunrise this morning incrediblement take a look at that, guys. first off, thank to you 13th street bikes and surrey forgetting me thi

if we look to the u.s. over the atlantic, again with an election coming up there, it's unlikely there's big movement on that before the end of the year. >> going to be fiso owe no matter who wins. >> again, these are countries that can do that and maybe the right to do it when you look at levels of gdp growth. historically pretty weak. actually that, would support credit quality. >> nick, you're staying with us. so by all means, get involved. i see many of you have. i'll get to those e-mails in a second. before that, let me tell you about flashes we're getting through. talking about ericsson, how the ceo is stepping down. ericsson's chairman saying they anticipate the new search for a ceo to take many months. quote-unquote. it's not been spoken about. >> the message was an immediate effect with that. they need guidance and he'll be part of the business. >> definitely. >> that's the press conference they're giving. i guess there will be more lines and we'll bring you up to date with that. >> get involved. ge

looking better as you head out the door right now. this is route 42 looking good right now. we expect volume coming back from the shore after a great shore weekend. northbound traffic not bad just yet an easy nine minute ride from the ac expressway to 295, tam. >> we are learning more about the gunman who shot three police officers to death in baton rouge, louisiana, this is the second multiple shooting to target police in ten days. katherine scott is in the satellite center with more on what we know. >> reporter: good morning, tam, the gunman was a former marine armed with a pistol and assault rieivel when he opened fire -- rival when he opened fire on the officers in baton rouge. an attack at a baton rouge gas station less than a file from police headquarters. gunfire sunday just before 9:00 a.m. baton rouge police officer montrell jackson sheriff deputy brad garafola and officer matthew gerald were killed. state police superintendent called these officers ordinary people who were extraordinary at their jobs. >> it makes me wanted to my job even harder. i told my troopers

joe: yeah, i am looking at china, looking at alibaba.na is in the middle of a currency easing cycle, the lowest level in five years. that could be stimulus for the chinese economy. of course i do not necessarily want to buy into the chinese economy using yuan. i would rather do it in dollars. i would be looking at the august 85.90 call spread, bind the 85 strike, selling the 90 strike, 64 --g a one dollar $1.64. the volatility will be remaining elevated to the downside risk after earnings are too great for me. after earnings we would see a pop up or down. i would like to play it for two earnings, a 52-week ride high around the 86 area. take a little off before the earnings day. julie: joe, have to leave it there. appreciate it. joe tigay joining us from chicago, talking options. back to you guys. -- thank you. more ahead on bloomberg markets to it all in the green today. the dow up 1/5 of 1%. ♪ . . with a: let's begin check of the headlines on bloomberg's first word news this afternoon. mark: it's day three of the republican national con

it's no longer looking at commodities that much.looking less and less to fx bxy and fully focused on rates and rates have been coming down pretty hard and that's leading more and more people into gold. that's the story. >> so, in terms of getting gold to where it is now to 1500, what sort of further drop in rates do we fwheed knead to see? >> remember, that outside the u.s., if you look ag-10, rates are pretty low. we've seen rates coming down in japan, too. across europe. in the uk. brexit created a big moving rate there is as well. and eventually, i think it's going to get to a u.s. as well. and that's going to help gold push higher. there's a number of reasons related to the risk framework earlier. that also suggest that gold will become more and more interesting. there's a lot of players out there. what do you do? what do you buy? and how do you reduce ris income your portfolio? people are going to mind more and more that gold's the right answer. >> i've never thought it was a commodity. japan went negative yield. however many m

. >> easy, easy. >> i'm not looking look. >> like you've been doing it for years. >> that's about all got. that's all i got this morning we'll come back in the 6:00 hour and hopefully by then i figure it out and they make me honorary member. >> i feel like you have this exactly i do. >> hyundai coordination. >> oh! sgl [ applause ]. >> very good catch,. >> that's awesome pat we'll check in with you in a little bit. >> coming up still ahead a sight at sea. >> whales are lunging out of the ocean. we'll tell you why when we come fios is not cable. we're wired differently. so we wired the wagner's house with 100 meg internet. which means that in the time it takes mr. wagner to pour a 20 oz. cup of coffee, tommy can download 30 songs, and jan can upload 120 photos. 12 seconds. that's the power of fiber optics. and right now you can get 100 meg internet with equal upload and dowloads speeds, tv and phone for just $69.99 per month online. cable can't offer internet speeds this fast at a price this good. only fios can. with this level of intelligence... ...it's a supercomputer. with this grad

live look.ht now skies are clear from this perspective but the air qualy will be declining as the heat builds. we're looking at poor air quality in the santa clara valley. for the rest it's normal. we'll have to wait until the weekend until the breeze comes in and clears out the air. tonight at 11:00, notice a few patches of fog. tomorrow morning the fog will be back in the picture filling in along the coast. there may when denser packages around the east bay. you will see our natural ac keeping you comfortable at the coast. tomorrow, low to mid 60s inland. fog near the coast, inland areas start off clear and warm up quickly. in the south way, 91 in san jose. mid 80s for menlo park. 80 in san matteo. pacifica, lope 60s. downtown san francisco, 89 degrees. east barracks a lovely day. it's a warm one. 88 in castor valley. hot inland. heat alert up for good reason. you want to stay hydrated. 100 in lirmoore-fairfield. here's a look at the accuweather forecast. 90s on friday. saturday you'll notice

looks good here. >> looks good flight. >> looks good flight. >> looks fine. >> go for staging. >> confirming. >> staging flight. >> roger. >> trajectory confirmed staging. >> roger. >> booster was way early. >> okay. >> flight confirmed number five engine down. >> you don't see any problem with that, though, do you? >> negative. not right now, flight. all the other engines are go. >> the next step in the routine of lunar flight was to burn out of earth's orbit to the moon. then pull free of the third stage and dock with the lunar module "aquarius." at the controls of the command module "odyssey" jack swigert. they pulled aquarius away from the saturn third stage, the s4b. >> i can see the s4b at the hatch window. >> odyssey and aquarius moved away from earth toward the moon. >> we have a problem here. >> you see an interval? >> negative. i believe the crew reported it. >> we may have had an instrumental problem, flight. >> we had a pretty large bang associated with the caution and warning there. >> the sensation i had that i felt a vibration accompanying the bang, not a large vibration or sh

looked at it. beautiful mall.g of prussia is beautiful. >> reporter: the delegates finding time to do anything else in the area. >> i'm so immersed with the convention that i haven't had time to even look at what's out here. >> there are things i want to check out. i don't know if i'll have time. we drove all the way here. we kind of have to leave on friday. >> reporter: some of the schedules are packed too tight. some delegates came in before the convention. >> i was able to take in the historic park. >> reporter: the park is making out well despite the heat. trolley tours have been booked by families from puerto rico, south dakota and virginia. the double three hotel is hosting six delegations. it's sold out. many are staying through the weekend and shuttles have been running nonstop to the mall and local restaurants. inside the mall, typically it's slow. >> we're kind of just in general trying to attract as many people as we can. >> reporter: many of the hotels say the guests have been hanging out at pools, eat

oh, look you got shoes that look just like feet.d and saying, i don't know what's wrong with you young ones today, when we was their age we never locked no doors. you didn't have nothing. you hear me? he's so ignorant and out of it, he gets scared of rich white folks getting robbed, he got 27 locks on his door. and got nothing in the house. somebody broke in, they would leave something. the house he lives in is so small, he stuck the key in the door one day and stabbed 12 people. they was in the backyard. you stop and think about the old folks they are upset over the baggy pants and shoes not tied and looking slouchy. hitler, without emotions, look at him, in civilian or military, he was i am mac lat, never had his shoes untied and maybe god is trying to tell us through our young people, never again will you ever judge another one of my creatures from without. >> all right. [ applause ] >> let me ask you something before we depart here, what do you think about how far we've come since the civil rights movement? >> in the civil right

looking for 13.54 billion.looking through the business segments, computing group, chips for pcs, mobile devices, revenue, up 7.3 billion. that's better than expected. data center group, chips for servers, $4 billion. that's lighter than what the street was looking for. increasingly critical part of the business. gross margin, 58.9%. estimates asaw were calling for 60.9%. finally turning to the forecast, look ahead here, looks like intel is guiding for a q3 revenue guide of $14.9 billion. that's better than what the street was looking for. guys, back to you. >> now cfo of intel stacy smith joining us later. stock is down. >> not enough across the board but also the stock has gone vertical the last couple of weeks. about 10% as the group is in favor. i wonder if it is just people backing off because it wasn't such a blowout. >> taking a little profit there. guy, what would you do here? >> let's see how the dust settles. my first question is what is the deal with margins, stacy. all about margins with intel. next

at this, take a closer look. people have been evacuated from nearby apartment complexes. some people tell me that they actually heard their windows cracking, it got so hot. and they could see the red glow. they got out. so far we heard no injuries. we're still waiting to hear confirmation on that but fortunately the neighbors here are telling me that everyone got out safely. there was also a senior citizen home nearby here and they evacuated. we're still trying to figure out what the cause of this fire was. again, huge fire. you can see off of the highway 24 and the bay bridge. traffic will be affected. this is right near the highway 80 onramp. san pablo avenue. it's going to be busy around here. a lot of streets closed off in this area. reporting live in emoeryvillmer >> san pablo on and off-ramps over on interstate 80, wider shot. right off the mace. drivers are reporting seeing that. i heard reports also some folks saw i'll out of the caldecott tunn tunnel. the official closure from chp says the only major on-

but when you look. it's going to be going forward the variable of the adjustment of the situation and depending how fast the situation is normalized, how fast turkey goes to business as usual. fx will be quite volatile, especially if there's additional noise coming on the weeks. and with regard to local bonds, there the situation might be that tl government might be tempted to cut rates to assume morowt their inflation might be heading back again. so it depends what happen this week. >> now, you guys more broadly in terms of emerging market called for an end of the bond market back in february of this year. has anything changed? i mean we've had the u.n. referendum which clearly has changed things a little bit in terms of perspective. has anything changed? >> well, in february we made a call on the bottoming of oil prices and of fed becoming more neutral and dovish later in europe. i think what has happened since then is much more important and you could imagine, you have this draw in incoming yields an

and very comfortable conditions this is what looks like right now outside with the camera looking at the bay bridge toll plaza approach where you can see lots of great conditions. police have a lot of fun out there special of the coastline and also chp is issuing a highway advisory for the bay bridge. this will be your drive this morning but be very careful both hands on the steering wheel. that is breezy and certain parts of the bay area where scenes of miles an hour coming in san francisco, six have monday, breezy also along the east bay shoreline. current temperatures on the chilly said san francisco 56 right now. >> rebecca: your highs today can see we're seeing a little bit cooler than we experienced yesterday in. 81 but expected for concord 83 for livermore that's a big change 89 there yesterday concede. a drop in temperature system and oakland so it is only 5 per word. it will let you know how long cooling trend will last next. >> marty:happening today. the annual san francisco aids walk in golden gate park. it's been happening since 1987. and has raised 86 million dollars for

i look to asia as the place to look.where in spite of what has been going on, we have had a good run. i think this is where the attraction is pretty you have to follow the demographics and you have to wallow china. dovish centrala bank in developed nations like the u.s. and the u.k. and then you have the political risk. it seems that dovish central banks outweigh any kind of political risk factor we may see in turkey. >> i think the higher yield becomes an important part of the picture. important ally in everything that's going on in the middle east. we've got a stronger leader there. i'm not so sure that money in the long run will pull away from this. the idea of a strong leader, whether you like what he is doing or not, is an important element. david: beside the strong leader, it is a substantial economy and a has had good growth for quite a few years in a row and has become more integrated with europe. if you look at emerging markets in those senses, wouldn't it the a sensible investment? yes, people have been investi

we are looking okay, gorgeous shot there. it just looks scared all day.onstruction route 322 closed at route 54 until 6:00 a.m. your alternate ac expressway. i will update you on than that closure as we progress through the morning. over to you. >>> with the dnc in town politics will take center stage in philadelphia. >> one of the things to sianni do is an exhibit offering a glimpse into life at the white house. "eyewitness news" reporter pat gallen is live at national liberty museum to tell us more about this, pat. >> yes, good morning, jim and brooke. as dnc opens up here next week in philadelphia, it is time to learn something about our political history. it is the perfect city to do it. this is the perfect place to do it, it is national liberty museum, at third and chestnut, look, anyone can google anything, anybody can go to wikipedia but you want to see these things with your eyes and here's perfect place to do it. national liberty museum is one of the seven places in the city of philadelphia that is part of the political fest. to tell us more abou

>> look! >> the story behind the sight that had plenty of people looking up on the eye. >> also breaking news in lynn. police on the scene of a shooting. sera c i straight ahead. >> 6:30 on thursday morning. it is july 28. boy, the month is just flying by. >> can you believe it? >> good morning and thank you for joining us, i'm randy price. >> i'm erika tarantal. and emily is off, and cindy and olessa are here now. >> around the corner. we get out to te schooler start than what july is ending, you know. we've been on this stretch for days. >> we noticed. >> and yeah. today we have got one more coming at us and then things boston, and we do have lower 70s on the cape. and notice the sunshine this morning, building clouds this afternoon, but look how quickly we're up into the 80s. near 90 at lunchtime and more humid this afternoon as the winds come up out of the south and west, and that's going to push the sea breeze away today. in boston it hits 93, up to 96 in lowell, 94 in framingham, and sou

looked good. i was impressed by it. >> reporter: steven hill bought this sofa and love seat from aaron's furniture in 2013. >> i had people over, i got compliments on it. >> reporter: the shop lets customers pay off purchase willing by little. >> kept the pavemeyments up. >> reporter: just as he was about to make his final issue, he noticed an issue. >> it started to peel. >> reporter: his bonded leather sofa and love seat peeling and fading, flaking and cracking. >> and it just got worse and worse. >> reporter: hill says the problem is so bad, he has to vacuum up the pieces that fall off the couch every day. >> embarrassing to have people come in and looks almost like bugs on the floor. >> reporter: he called aaron's to try to get the store to make it right. >> they told me they were going to send a factory representative to look at it. >> reporter: that was back in november. no one ever showed. so he kept calling. >> completely peeled off. >> reporter: he says a rep did finally call saying only

take a look. this happened on i 75 in dallas. the white suv you see weaving over a gas of down highway divider hit the driver next to them. the people in black car say they're ok. the driver of the suv tells our sister station in dallas he's not driving in hov lanes anymore. >> who was videotaping that? i'd like to know. >> yeah. >>> new this morning, this is also unbelievable. burglars broke into a california home. they actually helped themes to the food in the homeowner's fridge. >> it turns out the suspects were caught on camera. take a look. the family says a bear, several cubs made their way into south lake tahoe outside sacramento, ate the pies in the fridge, left the cheese sticks. they pulled pulled the screen off the window and crawled in. >> very well played, you two. of but it's like goldly lock's revenge. >> you live in a high-rise, you can't get in there. >> if we start seeing bears in the city of philadelphia, we have problems. >> we have problems with the weather. >> she loves of he

(family laughs) and the whole party is looking... can i take a look? mitch come on! get high speed internet from at&t with 99.9% reliability at an everyday price with no extra fees. keep calm, your internet's on. >>> live from the kgo-tv broadcast center this sa bc7 news. >> now a man hunt on the air and on the ground. an an armored car shooting leads to a search for the gunman. i'm ama daetz. >> and i'm dan ashley. >> sky 7hd captured the moment when authorities took one of the men into custody. the sheriff deputies loaded him into a squad vehicle. in the last hour we learned the identities of both men. they are 24-year-old gutzo and 23-year-old ivan morales from lake port. >> it started this afternoon at a chase bank in windsor where an armored car guard was shot. the suspect then took off and ended up in calistoga and napa county. melanie is live in calistoga with the story. melanie? >> ama and dan, residents who were not home when this began and live here are still not being allowed back inside tonight. that is because law enforcement is still processing this cri