the s&p first time ever closing above 1,600. or ralph acampora's prognostication for the future of the dow in the second hour of the "closing bell." have a good weekend. >>> hi, everyone, on wall street the dow and s&p 500 closed at all time highs. take a look at you we are setting out on this friday on wall street with the dow jones industrials finishing up. the dow had been up 177. so we're closing off the best levels of the session, but no doubt about it, the big mo is with the bulls. the nasdaq composite today up about 38 points. the s&p 500 unchartered territory there as well.

high temperature to more in the upper 60's. tomorrow inerature the upper 60's. it will be down to about 50 on sunday in the morning. up to 75 on monday. here's the set up. we have a front coming in from the mountains. temperatures in the low to mid 60's. the temperatures are not going to move much today. here are the big thunderstorms we had last night. we have some scattered rain shers around baltimore. this is not heavy rain. these will be passing showers. off and on rain showers. kohl this afternoon. -- cool this afternoon. expect frost in western maryland on saturday and sunday morning. 69 on saturday. 73 on sunday. we will see plenty of sunshine and it should be dry for the holiday weekend. >> thank you. rescue crew saved three people thursday evening in washington state after a bridge collapse. it happened about 60 miles north of seattle. hurt. was seriously the washington state dot says about 77,000 people travel that brid every day. a construction worker is dead after part of a parking garage collapsed in bethesda on thursday. it is located near the macy'

good morning, everyone, from emeryville, temperatures are in the 90's, and barely in the 70's a couple of days from now. i will show you why such a dramatic drop. >> yahoo makes it official, and why everyone is not happy about the >> covering fremont, palo alto, north bay and all the bay area, this is abc7 news. >> yahoo c.e.o. marissa mayer mire announced they are buying tumblr for more than $1 billion. yahoo c.e.o. is hoping this will turn around the decline. >> that is right. it has been ten months since yahoo c.e.o. marissa mayer joined yahoo and is trying to reinvograte the website. she hopes that tumblr will help do that. 50 percent of users are younger than 25 and she needs them. this is the boldest move to date. yahoo c.e.o. marissa mayer calls the blogging site a "game changer." >> today is an exciting day for yahoo, tumblr and the users. yahoo c.e.o. marissa mayer spoke town vestors by conference call announcing the $1.1 billion cash purchase of tumblr. she started with a vow that has become the headline of the acquisition. >> we are making sincere promise to not screw it up.

most of us in the 50's to the north bay mid-to-uer 40's. for the afternoon hours, expect a lot sunshine and at the coast we will see some temperatures 9 to 76 inland and 6 in san francisco and 73 in san jose, and near 60 at the coast. a last look at traffic with leyla gulen. >> this is the golden gate bridge and it is beautifuls indeed, and it is quite lovely. there you go, a gorgeous drive from sausalito to san francisco. let's look at the drive time traffic right now, i will show you antioch to conquer at 33 minutes westbound, and you are at an hour and 40 minutes from central valley to dublin along a 80 west and we have an accident out there, though. westbound 80 between highway 4 to the maze is 20 minutes. >> thank you for join us for the abc7 news which continues in 25 minutes with news and weather and traffic during "good morning america" which is next. >>> good morning, america. breaking right now for our viewers in the west. the sole suspect in the ohio kidnapping case enters court to face charges. two major exclusives. the mother of

time for traffic and weather together on the 1's. >> we will be in the 60's today. 64 at the airport. 25 in oakland. big changes on the way. you'll see a few off and on rain showers. it will be in the 40's on saturday and sunday morning. back into the 70's on sunday and monday with sunshine. >> good weekend for grilling and chilling. >> we are not seeing a lot of volume yet. route 3 at 175 is the only accident we are tracking. watch for lane closures. holliday street is shut down in the city along with saratoga because of a music festival. checking 95, a live picture shows traffic is building. looking good on the nth and west sides. that is the latest on traffic pulse 11. back to you. continues as residents and volunteers work to clear debriin oklahoma. >> there are some signs of hope and resilience. >> instead of days filled with barbecues, there will be more cleanup and more heartache. mourners buried the first of seven students on thursday. she was killed at plaza towers elementary school. for those who survived, gratitude for the teachers and staff who put themselves at risk prote

forty members of the s&p 500 are hitting not just ties, but all time highs. ile they appear, ralph lauren hit and all-time high today. google and block rock looking very healthy. i spoke to the ceo of directv just a couple days ago. they are looking very strong. you see black rock moving slightly higher right now. if the s&p finishes higher, this will be the fifth consecutive record close. international markets, while you were sleeping, they surged higher. that pushed world index to a five year high. the ftse 100, 5.5 year-today. the bowls are roaring ahead. looks very strong at the moment. if we finish higher on the s&p 500, that makes it five days to the upside. is it worries some or should we just stop saying that because it continues to look strong? let's get to the traders. i want to first get to mark newton. you are our numbers die. you take the emotion out of it. tell me what you think as you continue to see record after record like this. >> good news equals higher prices. as you mentioned, the s&p has been up the last 12 out of 14 days. we have not see

coming off the floor by 937-point for the s&p. warren buffett is somebody who never worried, or what has driven it, let's bring up cvs. we picked this one out because this is the floor of the market, that name is up 1444%. not bad, not bad at all. news corp. has done very well. depending on what properties they have have done extraordinarily well. as i mentioned, here we go, expedia, priceline, doing well. david asman and i remember when ford hit $5 per share and i said there is no way ford is going away. but did you buy it? warren buffett is not fearful, in fact he is fearful when everybody else is greedy and greedy when everybody else is fearful. somebody called the baby buffett. before that, we go to the floor show. i want to get straight to the actual record breaker, from the obvious, dow, nasdaq, s&p, what matters is what metrics are you looking at as a trader that surprises you the most? >> have to go on what you just said. the s&p 500, what a significant number that is, a broader range of an index we base our investment deci

>> well, i think you could essentially go short the s & p. either by buying puts or selling calls it's not the cleanest hedge in the world versus individual names, something you might want to do is to short the etf of that sector, where you like a name that would be a cleaner hedge. >> interesting. uri landisman, thank you very much, president at platinum partners. >> a red-hot rolle for the blue chip dow, since november, soared more than 50%. mary thompson has more. >> reporter: both the rejects and replacements outperformi the dow. here is how they stack up. from its recent low on november 1 59, down 20.4%. the average return for the 12 stocks pulled from the blue chip average since 1999, 30.2%, and the replacement's average gain 24.3% since mid november, the rejects recent gains lie from longstanding troubles as all are off the heyday highs. navistar, a newly designed diesel engine is sparring a surge in its stock. aig and citi, they continue to recover from near-death experiences and international paper strength reflects an extreme makeove

the next telepne starting off in the 40's and the mid-60's by noon and the breezes are noticeable and upper 60's by 4:00. the day planner inland the next 12 hours starting off at 46 and 20 degrees warmer at noon and the next 12 hours are stuck in the 50's with the fast of the wind in the 40's so you will warm up ten degrees. we talk about our local commute. leyla gulen? >> in san mateo we go, and this is where we have the incident involving the bus with power lines toppled on this bus north delaware street and we are understanding the preliminary information that is bus number 292 so expect delays in this area and we will bring you more details as they become available. as we head in the altamont pass in the east bay this is the drive from the westbound direction and you are looking at 17 miles per hour, slow from tracy, and it is 50 minute dry to get toward dublin and as we zoom in, this is where we had an early accident blocking one lane, westbound 580 because of an overturned box truck so one lane remains blocked and speeds up to 57 miles per hour. right now, this is the drive thro

the s&p is up 16. throw or so from 15,000 although we've lost a little steam here this morning. we are, by the way, at all-time intraday highs on the dow, on the s&p, on the midcap and the russell as well. >> this morning's employment report and people are still digging into that and finding out exactly what it means and steve liesman is at the s&p. >> the ism services, and not terrible, still at 53 and that was the story that was also in the jobs report. factory orders were a mess and everything was negative, except ships and boats were up for some reason and everything else was a rebound. it was a sigh of relief rather than suggesting a sign of tremendous strength in the jobs numbers. payroll's at 165. the forecast officially was 148, but as we've reported, a bunch of economists have brought their forecasts down. i think market expectations were lower hence the relief rally here. a lot stronger and the unemployment rate coming in better than expected and 7 1/2 hourly earnings right in target with the

mostly sunny with temperatures in the upper 60's and the low 70's. we say good morning to ava marie. she has been having fun r iding elephants and giant chickens. >> that is my new name, ava "too marie.n" big kinetic sculpture race happening this weekend. let's show part of this contraption. this is a mouse on the cheese wheel. this is amazing. >> this is a giant mousetrap. goingwill be balls through different contraptions. >> you have your whole team here. >> this is not the whole team. we have about 20 people helping. you need four people on the vehicle. it is like a big snowball of fun. we are looking for to having a fun time. >> tell me about the mediocre award. before.ve won that it is the most coveted award. that is what everybody is hoping for. is good to bet mediocre. this is a free event that begins on saturday at 10:00 a.m. >> thank you so much. 6:48. there was a fire in north baltimore that began wednesday inning on sisson street remington. residents.splaced 20 the governor will hold another bill-signing ceremony. the cover is expected to

mostly in the 50's. in the afternoon, we will see sunshine and highs start climbing. 59 to 7 inland and 61 in san francisco to 73 in san jose and the coast is sunny and around 60 degrees. now the commute. leyla gulen? >> in livermore, we have a three-car crash in the westbound direction along 580 and it looks like two cars in the median, one in the center lane, causing some backup, 33 miles per hour is the top speed as you make the drive away from the altamont pass to livermore and it eases when you pass the accident and hold into dublin/pleasanton. we have an s.u.v. that hit a tree and overturned at san pablo dam so it looks like an active scene. more details as they become available. >> abc7 news got it hands on a report from former lapd police chief bratton the consultant about recommended changes for the oakland police department. we obtained the report hours before it will be released at a news conference. the report is critical of the department under the leadership of new former police chief howard

-60's and the coast is warmer at 70 and we are in the mid-to-upper 80's and we will drop back to the 60's at the coast and low-to-mid 70's around the bay and near 80 inland by 7:00 or so. check out the record warmth possible on thursday and friday and cooling comes in on saturday. >> the fires are going to affect the traffic if you are traveling through the sonoma county. you can smell the smoke in the studio and it is strong. right now, c.h.p. has issued a sig-alert and that is due to a one way traffic control in affect on westbound highway 128 between scott road and spencer lane until 6:30. c.h.p. is telling us the tree was knocked down by the high wind possibly knocked down a power line and it sparked the place. we have c.h.p. issuing high wind advisory and that has been canceled in napa so you don't have to worry about that. in the east bay, we have this construction project until 6:00 a.m. and northbound 680 between south mission boulevard and north mission boulevard three lanes are blocked until 6:00 a.m. >> eric and kristen? >> do it your sell auto repair is still popular altho

the entire state is cloud-free. low-to-mid 90's through the central valley and 69 in tahoe and 68 in monterey and 8 in los angeles and 101 in palm springs. safe travels. leyla gulen? >> we are watching a crash in sunol which is causing delay if you head southbound along 680. right now, we will look at the drive time, traffic 580 headed away from 2305 to dublin is 23 minutes and 101 from san francisco, at sfo, sit a short 12-minute commute. from 101 through san jose to cupertino end is under 20 minutes. our golden gate bridge is quiet this morning. so far, we are not seeing too many accidents or construction projects. if you are coming from sausalito and toward san francisco not a problem out there. northbound side is quiet. >> sad news for fans of san jose's high-flying falcon family. the mother falcon has been nesting on the city hall for years and one of the chicks has died after flying into the side of a building. biologists say it happened as a parent passed food to it in midair. thousands have watched the falcons on the feed p

mid-60's around the bay and mid-50's at the coast. spring is coming >> can you believe the warriors have advanced to the conference semi finals after fishing off the nuggets last night. >> the warriors made it! >> we believe. it happened. the warriors built an 18-point lead early last night but the nuggets got within two just to give us a little something for our nerves but they held on for 92-88 victory and they play the san antonio spurs in the second round. >> tickets for going three are going fast. >> $150 is the low side. but the high side is $10,000 for seats. >> you can post this to facebook with the back on facebook.com /abc7. the giants are back against the dodgers and i hope the weather will be okay? >> it will be nice, starting out in the mid-60's and dropping to the low 60's, but not like the breeze this weekend with the marine layer clouds and the cooler air comes back. only mid-50's by sunday at coast and weeing struggle to 70 at the bay and mid-70's inland and the scatter shower is possible on saturday and sunday. >> we

the dow closed just five points lower, and a different story, though, with the s&p 500. it was up three point, just enough to extend the record-setting gains made on friday following the stronger than expected april jobs report. take a look at the nasdaq which rose 14 points today and that landed it at a fresh 12 and a half year high on the renewed strength of technology stocks like apple, up nearly 2.5% today. but as seema moti tells us, apple isn't the only company helping drive this year's run-up in the market. >> the nasdaq is trading at levels we haven't seen since aol bought time warner. that was in 2001. it's been a long road back. for the first three month of 2013 defensive sectors like health care and consumer staples led the s&p 500 and dow jones industrials to new highs. however, as defensive stocks like johnson & johnson get more expensive, we're seeing this rotation of capital like technology which make ups a large component of the nasdaq composite. better-than-expected earnings from technology corporations have also helped tech outperform. according to thomp

at the coast and my 70's away the bay and low-to-mid 80's inland. have a great day. >> the search if clues in the stabbing death an 8-year-old girl takes a new turn today. at 6:30 the new help investigators are bringing in to calaveras county a week after the death of leila fowler. >> you have probably seen the websites promising to save you thousands on your mortgage. "consumer reports" reveal the scams that cost [ female announcer ] love. it's the most powerful thing on the planet. love holds us in the beginning. love is the reason you care. for all the things in your life... that make life worth living. ♪ ♪ sweet love of mine even the inside of your dishwasher sparkles. okay. so i'm the bad guy for being clean. you said it. ladies, let's not fight dirty. cascade kitchen counselor. see, over time, finish gel can leave hard-water film on your dishes and dishwasher. new cascade platinum's triple-action formula not only cleans your dishes, it helps keep your dishwasher sparkling. so we're good? don't do that. okay. [ female announcer ] cascade's best

by friday inland and upper 60 at the coast and upper 60's around the bay and upper 50's at theoast and warmer for saturday and sunday. ain the east bay we have the traffic across the bay area we are looking at quiet conditions in san jose and certainly that is an example of quiet traffic and the 87 coming away from the julian off-ramp and as you make the drive toward h.p. pavilion away from 85 it is eight minutes so it is quick. over to the east bay we do have a problem along westbound 80 coming up on san pablo dam road we are looking at 23 miles per hour, and backups from before highway four so sluggish there as you make it to the westbound direction. the drive time traffic shows 580 coming from tracy all the way over to the nimitz and that is an hour and 15 minute because of an early sig-alert along 238. the drive along four is 30-minute drive away from antioch to concord and the 80 is 23 minutes from highway four through berkeley. >> 6:52. five things to know before you go good morning, at 6:54 on monday, a look from the embarcardero in san francisco, check out the bay bridg

nearly all of the s&p in the red.5 out of those 500 stocks, to be exact. 40 in the green and 5 unchanged. at rock bottom, you have paul corp. down all day on its earnings reported yesterday after the bell. asic down just shy of 5%. it reports monday and those are the worst performers. several pharma stocks in the s&p's bottom tier. amgen faring the worst of that bunch, down nearly 5%. pfizer in the red on heavy volume. with the volatility in the commodities complex today, several natural resources stocks were thrown for a lap. newfield resources down 4.5%. pioneer natural resources and cliffs natural resources, those are down sharply too. we also want to mention tesla, which we've been talking about all day today in the wake of the test driving event. the car ended the session lower, down nearly 7% there. maria? >> thank you so much, kayla. we want to look at this market through a lot of different lenses. and i wonder what you ladies think in terms of the buy on the dip mentality. it feels like ending on the lows on a

it is in the 40's in the suburbs. take a light jacket with you.t make it down into the 30's in some of the far north suburbs. 47 in taneytown. 47 degrees in rock hall. we should be able to sneak into the upper 60's today. the skies are basically clear. we are watching a disturbance coming down from new york state and pennsylvania. it is producing some sprinkles. i have a 20% chance for a rain shower later today. most of you when not see any rain at all. we're still not done with winter. there is some snow in the rocky mountains and back into wyoming and north and south dakota. 5-10 inches of snow in that part of the country. it could be worse. a mixture of sun and clouds. 20% chance for a rain shower this afternoon. 65 andmperature between 70 degrees. we will drop back into the 40's tonight. the sun said exactly at -- the sunset exactly at 8:00. temperatures right around average. we're looking for to a nice weekend. 5:17. >> good morning. not a lot happening. no delays coming out of the northeast on 95, 65 miles per hour. this is a live picture at

by the 1920's, they're mostly gone. there's just a couple here and there. >> so, woody, sometimes the railroad seems to be finding old cars and rebuilding them. have -- are any of these actually rebuilt and used again? >> some of them they have saved because they've popped up now and then. like the ones on ninth avenue. those three cable car trailers. they were saved by ed zelinski who took them and donated them to the maritime museum. think one still sits in a warehouse waiting for somebody to do something with it. but other old cars have been rescued and taken to parks where they've been restored. there's one down in san jose in kelly park. it's an old horse carrie stored that runs around on the weekend. -- car restored that runs around on the weekend. on the one hand, you're in this foggy neighborhood, there's not much insulation. on the other hand, you've got 30 windows, and the sunshine in the day could just make the place broiling. and at night all of those windows let in the cold. so they advised people to put up

now alan, you were saying 1600 with the s&p 500. here we are. where do we go next? - that is the million-dollar question, but let's talk about how we got to 1600. past performance is not indicative of future results. that was strictly a technical call based on the retracement. the market had a 130-point sell-off from 1470, and also 1600 was the projection if we had a full v recovery back to the 2000 highs and the 2007 highs, which we've done. so now it is a matter of where we go from here. but you've got to put it in perspective, that even though we are making highs in price, if you adjust these prices for cpi, or 3% inflation, we'd have to get to over 2100 in the s&p, which is 20% higher than where we are now. - and matt, you were predicting 15,000 and above for the dow. but you have an even stronger prediction. what is that? - absolutely. 1700 in the s&p 500, and 15,250. i thought maybe we could get there by february. it took until spring. and you know, the market could always hit a dry spell. so one thing investors out there have to keep in mind is, how do you dea

the entire state is going to be warm today with 70's at the coast and low do mid-90's through the centraland palm springs and mid-to-upper 80's around san diego and los angeles and warmth in the sierra, also. have a great day. >> good morning, everyone, at 5:25 we are taking a drive from hayward to foster city and seeing more cars out here and it is looking slower to the high-rise. now, in the east bay, if you are travel along highway four coming from antioch to concord you are gown to 18 miles per hour and it picks up further into pittsburg and to bay point. over the altamont pass, the 580, 34 miles per hour is the top speed but it looks better when you drive further into livermore at 58 miles per hour. from daly city 280 to san francisco is under ten minutes and from 85 to cupertino is 19 minutes and 880, 238 to oakland is 12-minute drive. >> thank you. new this morning we get our first look at four rare white tiger cubs in japan, the newest stars made their debut this morning and they mostly hung out with mom, and one tried to jump on her but slipped, instead, and the cute cubs were bo

are in the 50's at the coast and we will struggle in the throw mid 70's in the bay and midland and wellthere monday, tuesday, and wednesday with a light chance of pop-up showers. >> we have a brand new sig-alert and we have reported this sheriff department early this morning and what happened in conquer is gravel spill and that caused a few cars to spin out and caltran will be on the way to northbound to clean up the gavel spill and closure will be in affect until further notice. avoid 242 and we have a slow drive in concord on highway four in the westbound direction. to the south, this crash is finally cleared, southbound along the nimitz beyond thornton we had a lane blocked because of a four car crash and everything is gone but the backup remains with at least five mile delay. the traffic at 24, is 16 minutes from 680 to the maze and 101 is building from petaluma and 880 from 238 to fremont and 20 minutes out there. >> it is quiet in seattle this morning following a confrontation between police and may day protesters. there were flash bang degrades that police used along with pepper

and 50's at the coast and 60's in the bay and low 70's inland. will be warmer tomorrow because the cloud cover will not be so extensive in the morning and the sea breeze comes back and the cooling trend continues wednesday and thursday. >> good morning, were, at 5:39 at the peninsula along 101 we have a stalled car 101 northbound block one lane so far not causing any delays but what is causing delays is the crash in dublin/pleasanton westbound 580 befor you reach 680 where we have one lane blocked because of a crash involving a big rig and we have c.h.p. on scene 16 miles per hour is the top speed and four miles of backup to show and the drive time traffic shows along 580 long the altamont pass that will take you 46 minutes and from antioch to concord is 45 minutes and we have construction on the bay bridge with more on that coming up in a little bit. >> a trailblazer is ready to turn in the microphone, the major announcement use's pa behalf -- barbara walters is >> homes in jeopardy and the search if a cause in in a >> covering daly city, los ga

lice cling was a raging fad in the 1890's. all of united states, newspapers, magazines were agast about it. they were just talking about it back and forth. was it healthy? was it unhealthy? are they taking over the roads, hazards to health and traffic? and most importantly everybody was very excited about the idea that women were bicycling. they were worried that women might perspire and that was an unhealthy and unfeminine thing. and a lot of women were wearing bloomers, these sort of blousey trousers to help them bicycle. that was thought to be scandalous. but the lady falcons, they didn't care. they were a group of seven married women who went bicycling. they would finish their ride, rest in the long seats there in the clubhouse. they started having dinner parties there. they became quite fashionable. and they sort of tricked it out with all the victorian fill debris they could cox up -- filigri they could come up with, japanese fans, curtains, cushions it became sort of a fashionable, bohemian thing to do that other people

inland and 70's around the bay and 60's at the coast. now the traffic. leyla gulen? >> i have numbers you will like, here is the drive as you make it into central san rafael to 580, it is looking clear but the numbers are across a few our bridges and if you are headed along the golden gate bridge, a 4-minute drive from sausalito to san francisco, along the 80, the bay bridge, that coming from oakland to san francisco and we are looking at ten minutes to get to the west side and eastbound between san quentin to richmond we are looking at a 7-minute commute. >> the former south carolina governor who confessed to an argentina lover fair stages a political come back, the election night victory for mark sanford. >> police are called if to keep the peace at a gay pride meeting and organizers of san francisco's pride parade are accused of discrimination. >> meet facebook at the professional business women of california conference on may 23 in san >> covering fremont, palo alto, north bay and all bay area, this is abc7 news. >> 5:43, a permanent

tyson foods, the biggest loser on the s&p 500 down four and a quarter percent. reported earnings and revenue both missing expectations and they cut their full-year outlook as well. two of the reasons tyson is struggling right now is they have higher costs they are facing in part because of the drought last year and also consumers and restaurants are buying cheaper product like chicken instead of beef. take a look at monster beverage, this stock is down more than 1.5%. dow jones reported services goes to attorney sued the company for the caffeinated drinks and marketing the drinks to children despite the adverse health effects. back to you. melissa: thank you so much. lori: plans for the google video service to charge to watch videos. melissa: and more gas prices helping to drive the u.s. recovery as concerns of prices at the pump take a little bit higher. lori: dollar is up, a little change. we are back after this. are you still sleeping? just wanted to check and make sure tt we were on schedule. the first technology of its kind... mom and dad, i have great news.

on the peninsula, low-to-mid 80's in most neighborhoods and we will touch the upper 80's and the coastd warm here, too, with upper 70's for you and near 80 in downtown south san francisco and sausalito and low 70's at the beaches in the north bay but mid mid-to-upper 80's ie valleys. possible record around richmond and oakland and 84 and 85 and a lot of low-to-mid 80's along the shore and low 90's in the east bay valley. at the game, a great afternoon. 12:35 first pitch and it will feel warm and 76 and warming up to 81. tonight we will be milder than this morning but not so breezy with temperatures in the mid-to-upper 50's with high pressure with the clock wise flow moving to the north and you can see the wind coming out of the north to northeast across our neighborhood and humidity is now below 20 percent in many of our inland neighbors only helping to heighten the fire risk. tomorrow, 90 around the bay and mid-90's inland and 80's near the coast and will couping -- and cooling hits the coast on friday, sunday, monday, tuesday, those are temperatures we should have for this time of th

it's only up 5% while the s&p 500 tripled those gains. follow the squeaky wheel or loud mouthed investors there? the alpha clone, founder and ceo running a fund where he aggregates the smartest of the smart money, and you do that. explain how. i found this fascinating. you found the loud mouth activist investors and buy what they buy; correct? >> we by a clone score, investors for every manager in the universe based on following disclosures over a long period of time. we continuously evaluate managers in the universe. there's 400 managers. we calculate that score every six months and pick managers with the highest clone score to go in the index tracked by the alpha etf. liz: names of the hedge funds you follow? >> well, we've got 400 managers in our -- liz: capital, the biggest names out there, fortress. >> right, anyone you can think of that's a brand name is in our fund. you know, activists are apropos the last week so we've followed people like relational like trian, icon, third point, any manager you can think of that is managing over

in the mid-70's. millbrae is the odd one out, and low 60's along the coast today, and sun is setting at 61 and downtown south san francisco mid-60's under sun. sunny in the north bay and the bones are cloudy and low 60's and sunny along the east bay shore with mid-60's to near 70 and partly cloudy and more sunshine in the east bay valley upper 60's to low 70's. it is a day game 59 at&t park and starting at 58 and warming to 62. in the evening and overnight, clouds will come back and keep us in the upper 40's and half moon bay is 46 and low-to-mid 50's for the rest of us, and the cell backs its way toward us it falls apart and the clouds dissipate as we head to the inland valley by noon and the rest of us get pockets of sunshine after that and temperatures tomorrow are the same with center sunshine and saturday, sundays monday, and tuesday with mid-80's inland and mid-to-upper 70's around the bay and cool at coast in the low 60's. the east bay is activity and this the drive in the maze in the westbound

the temperatures are in the upper 40's in the north bay and low-to-mid 50's for the rest of us. yesterday, the energy trough moved through and introduced us to a dry air mass. the next system is moisture laden and the bulk of it heads north so cooler tomorrow through friday and a stray hour is possible in the north bay on thursday. temperatures inland dropped 20 degrees to six degrees at the coast and we will hang out at 70's on friday. we could be 20 degrees warmer by sunday. the roller coaster is back, the spring sea saw. >> we are going to walnut creek with the drive from concord at 20 minutes to highway 24. a few extra cars in the southbound direction with the lights headed northbound and it is empty on that side. the sun is coming over san jose and 280 is clear away from 17. southbound side, the tail lights are moving swiftly and brick and what is not is brick is the san mateo bridge where we have solo crash at the toll plaza involving a big rig. it is blocking a couple of lanes with a fuel spill with a backup of two miles so 20 minutes from hayward to foster city. >> flame

the dow jones up just 15%, the s&p up 14%, the nasdaq gaining 12.5% this year. the wilshire 5000, measuring again at $5000, all of this great news in the market not enough to spare a number of big-time investors a lot of pain as their strategies did not include an assumption of the strong market this year. for example, john paulson and his 700 million-dollar gold fun, losing 27% in last month goldrush. a decline after last. i'll take that up one of the most knowledgeable individuals on wall steet. gloria perez. president obama and i'm meeting with south korea's new president to talk. china sent for important signals is changing how in regar to north korea. first, the chinese government used its influence over north korea to courage free to order the removal of missiles on with greasy. movement of those missiles comes after weeks of speculation that north korea would launch another missile test. today, the state on china. a major north korean bank tat is used of providing financial support to northorea nuclear programs. in his news conference, president obama cho

for the dow, 1600 on the s&p 500. so, josh brown, do you now buy into this notion of the rotation, because we've had a couple of head fakes before -- >> second rotation. first we did cash into stocks -- >> right. >> and everyone got confused. and now what you are seeing is the situation, we went into the beginning of the week where defensive, cyclicals were trading at this huge discount to defensives and now that's starting to shift. the best performing group on the week is tech. cyclicals up there in terms of basic materials, things of that nature. so, we started to do that. i talked about it last week. we're nibbling at an investment called eed vaw, which is the b materials etf. what this gives us is 65% exposure to chemicals, which have started to rock and roll and 35% to miners and mining-type equities. and i have to tell you, if this is for real, this is going to be something that continues, i think it's got a lot of legs. >> so, i feel like this is breaking news, because you've been in the bear suit all zipped up

next week, and 70's around the bay but coolest at the coast at 50's and 60's. oy. >> we did have good news with the crash reported in gilroy has been moved to the shoulder and this is northbound along 101, its with an accident involved in injuries a pickup hit the guardrail. we have delays southbound with yellow coming from the accident scene a spectator slowing. if san jose, we have construction that will wrap up at 6:00, northbound, along 880 between 101 and the south bay freeway and this is because of rail repair and paving work and restriping so lots of stuff and slow for the cone zone and a look outside this is the san jose drive away from 17, six minutes gets you to cupertino. authorities in china say the mother of a newborn found trapped in a sewage pipe. not face criminal charges. they treating the incident as "an accident." the baby boy who received minor cuts and bruises during the ordeal has been released to his mother. the 22-year-old woman said she was pregnant, hid the pregnancy and secretly delivered the child saturday in a rental building restroo

into the low 60's. planner inland, over the next 12 hours, clear sky, 52, and around breezy 65 at noon topping out at 64 and drop to comfortable 64 at 7:00. at the coast, the next 12 hours we are starting off with sunshine and 48 degrees and broady to windy at times and mid-50's from noon to 4:00, dropping down to 53 by 7:00. governmentous sunset out there. if you get it, we would love to see it. leyla gulen has the traffic? >> we have a stalled big rig blocking a transition road southbound 680 to westbound 780 and at benicia it is blocking the only transition lane is c.h.p. is on the way and hopefully they get that moved out of the lanes and you will be on your way. in castro valley we have a report of a car versus a pedestrian with more details coming up in a little bit. right now 580 along the westbound direction transitioning to 238, it looks busy. walnut creek southbound 680 on highway 24, looking at 10 minutes to head out of conquer. >> developing news in oklahoma where the seven for victims and s

and mid-60's around the bay to low 70's. if you have evening plans, 60 degrees an the bay and 64 inland. the weekend shows the biggest jump in temperatures great friday to saturday we will hang out in the mid 80's this weekend away from our bay area where we will sit in the upper 70's. >> good thursday morning to you, mike, and as we take a picture of the golden gate bridge you can see in the northbound direction we do have some lanes blocked off and we have the caltran officers directing track so some lanes are blocked out of san francisco to marin county with construction southbound from sir friend sis trick to the waldo tunnel. walk out for that and remembers slow if the cone zone. in san bruno, southbound 101 to westbound 380, closed until 5:00 a.m. san francisco, the 7th street on ramp re-opens at 5:00, as well. >> thank you. >> congress begins the first hearings this morning on the boston marathon bombings. next, what the city's police chief says needs to be done to prevent future attacks. >> the 49ers' new home has an

high temperature in the upper 70's and the low 80's. rain showers into tomorrow. a high temperature of only 67. 69 for a high on saturday. on sunday and70's monday. 5:16. [microphone not on] southbound 83g near padonia road appeared there is a fuel spill. this is 83 prior to the beltway. traffic is building as you make your way further south. 12 minutes on the west side. a live picture owings mills shows traffic is building down to the beltway. 49 miles per hour on the j.f.x. that is the latest on traffic pulse 11. volkswagens is offering some other customers a cost-saving reminder. they will replace the gas cap on more than 200,000 on their jettas and have a new one with the word "diesel" printed in large letters. ford motor company is planning toncrease their production by 200,000 vehicles this year. they plan to cut back on their normal summer shutdown. there will be 900 more jobs in kansas city. some of the major phone companies are selling the data they gather to marketing firms. they're using their subscribers as sources of data. officials say no privacy law

ryan fogle, third secretary in the u=s embassy, was held at an office of the f=s=b, the successor to the soviet k=g=b. >> reporter:the video shows the items he was supposed to be carrying. two wigs, two pairs of dark glasses. a street map of moscow and a compass. there was also this, a letter in russian offering a million dollars for long=term cooperation. and these instructions: :to get back with us, please go to an internet cafe, or a coffee shop that has wi-fi, and open a new gmail account" and: "do not provide any personal info that can help identify you or your new account." the letter has some security experts scratching their heads. why would anyone put such compromising information on paper, when it could easily be relayed in person? former c=i=a agent peter brookes has a theory. it could have been put make it more dramatic. the state department has made no comment on thee russiann fogle to the u=s embassy and told him to leave the country within 24 hours. a new report by the treasury department's inspector general found that the i-r-s intentionally delayed processing tax exe

seconds after the open, the dow and the s&p were both at historic highs. over in europe, the german stock market moved over 100 points on the news. that's about 1.25% and closed at its high a couple hours later. stocks opened up and stayed near their highs throughout the day with volume above normal, and three stocks advancing for each one declining. traders especially bought competent, producing causely sensitive stocks like u.s. steel, truck-maker cummins, beeser homes and caterpillar. techs also shined with big moves up in sem conductor stocks like amd, micron andter adine. sea gate closed at an historic high after a strong earnings report wednesday. copper, a critical component of the global economy, was up over 6%. its best showing in 18 months. can we go any further? [ no audio ] >>> april government employment report pabts a picture of a job market improving more than most economists thought. at 7.5%, the unemployment rate is now at a four-year low because total employment is measured by the government's household survey increased by 293,000 last mon

's to the 70's and 80's away from the coast by noon and the 80's to near 90 by 4:00. significant change is coming this weekend with temperatures dropping around 10 to 20 degrees and we still have a chance a shower on monday. leyla? >> we had an early fatality westbound 24 through lafayette. now all lanes are opened. across the bay area, it has been friday lite. this is the drive along 280 coming away from 17 in san jose. just a few cars this. you can count them on one hand. we do have construction, and some of it is wrapping up at this hour, if you travel in the westbound direction to go from castro to the toll, it looks like we have cones picked up and we had bridge painting work that was being completed and we had another project that is still blocking a couple lanes and that lasts until 6:00 a.m. bart and muni and caltrain, everything is running on time. >> summer air fares are going down in the bloomberg business report is next. >> the shacks take on vancouver in game two. >> for the first time we are actually seeing an arrest and what reese witherspoon said to >>

for the bay and inland and 50's at the coast and 60's around the bay and 70's at 7:00. no more 90's in the rest, those stepped yesterday. i don't see many in the forecast, if any, all seven days. we focus on the next three, tomorrow we get sunshine quicker and a couple of degrees warmer and the cool breezes kickback in and another cooling trend on wednesday into thursday. are there hotspots traffic wise? >> quiet so far on this monday back to work day. in san jose, this is the drive along 280 away from 17 and clear conditions and a couple cars in the nobody direction and southbound side is empty and we have a high wind advisory issued by c.h.p. on the san mateo bridge but other than that a couple of construction projects and the top of the screen shows orange indicating low-lying clouds possibly some fog that could be hampering the drive so watch out. as we look at construction southbound 880, between high and 66 we have one lane blocked until at least 5:00 a.m. and a check of the mass transit, bart, muni and caltrain, all on time. >> next, homes in jeopardy, the search