by noon we are in the mid-60's hanging out in the low-to-mid 70's through the afternoon. that includes 4:00. we will drop down and it will milder this afternoon, at 62. inland neighbors show it is cooler than this time yesterday at 47. we will be around 70 at noon. we will have low 70's at 4:00 and 62 by 7:00. we may have breaking news. >> thank you, mike. >> the breaking news is from san francisco. firefighters are wrapping up the battle against a building fire overnight in richmond district. abc7 news reporter, amy hollyfield, has more on the scene. amy? >> yes, look at this huge mop up effort going on. look at the firefighters, clearing the debris from the fire. the building is gutted. this building belongs to the internet archive. the building is gone. workers say they lost camera equipment and scanners. it does not spread to the big building next door which belongs to them. firefighters say the call came in at 4:00 and the fire was going when they got there burning for a while. on the or side of a build is a vaunt and residences above the restaurant. >> third floor w

on the s&p earnings scorecard. roughly 68% delivered postive results while 18% of earnings have been negative. and it's election day in several states and cities across the u.s. don't forget to vote. larry shover of sfg alternatives joins us on this tuesday morning. good morning larry. > > good morning. > > we are closing in on that twitter ipo. what would be your play on the debut day? > > yeah i think my play would be to wait to fade the move-- buy it lower because i'm really sure that's going to happen. i mean consider what happened with the other ipo's: facebook, groupon-- especially groupon. it just cratered after it came out and it's fresh on everybody's mind. also think about the fact that both facebook and linkedin were earning a profit when they ipo- ed. twitter is still not earning a profit. i think the ipo is going to be faded and a good buy for the long-term. > > you're a smart guy. you're watching these markets. so if you had $1,000, what would you buy right now? > > you know right now i think i would

the s&p is this close to an all-time high. o give us their thoughts on the market, jeremy hill from tf market advisers is with me here at the new york stock exchange and jeff cox of cnbc.com is with maria at the schwab impact conference in washington. jeremy, we sort of continue to move higher. jobs numbers helped, the interest rate cuts helped. anything that's a headwind right now you see for this market? >> well, i think what's interesting right now, is i think we're at what engineers call an angle of repose, which is where an object or a rock starts falling down a hill. what i mean by is that is i think we're transitioning, at least in the equity markets, away from this beta market, more into a fundamental market analysis, and also i think with the credit markets we'll see the same thing. i think managers got burned a little bit the first time we talked about taper and they're scared of duration risks and they're going to transition into more of a traditional, normalized credit risk. >> you know, i guess you said earlier, je

it touched me because it's the things we do at g s a everyday. apple products convey their products this building is no exception it has solar and open rabble windows and it represents the history in this city. we use an integrated design approach in our project and we manage our building holistically. and indeed we help the workforce because their housed. and where else is the conversion of technology and art more prevalent than here per jobs was an volley ball for workplace and i believed that successful companies thrived oneself competition rather than waiting for someone to come up with products their world leadership was for the last 15 years. g s a is leading the transformation for the frig. we were the first agency to help simplify the procurement of the board rage of services and saving million dollars discolors for the taxpayer. we're rolling out a program to help with the collaborative workspace and g s a as a great sustainable ability and it's one of the few agrees to sustain green. here in region 9 we're in the lead in the g s a perfor

the s&p 500 is up 27% this year. that's been bested by the russell 2000 which year to date is up 34% for the small caps, bill. >> but still, marvelous seema mody says there's evidence to support the small cap rally is just getting started while dynamite dominic chu says it's time for the large caps to take charge. they step into the ring to settle their differences nicely. >> nothing below the belt there. let's start off with large cap. if you're a large cap, they were at record highs but you buy them for safety reasons. if you're looking for appreciation, large caps are at record highs right now. we took a look at uber large caps and the ones that pay you to wait. they give you a dividend yield. big names, stable names, the ones who have been around for decades. at&t with a 5% yield. then i've got intel with 4 % yield and mcdonald's with 3% yield. if you're looking for income, dividend income, large caps are the place to be. one other thing about that, because large caps have a longer history, they've been around, a

the s&p was up 4% for the month of october. at the moment, it is trading 1.5 points above fair value and the nasdaq at the moment is around 6 points above fair value, up over 4% for the month -- sorry, up over nearly 4% for the month of october. bond markets, we keep our eyes on treasury yields around. that's 2.5%. they have gone a little higher. you can see 2.56, still pretty well contained. as far as currency markets, all the focus has been on the euro. we saw that inflation coming out yesterday. headline cpi, 0.7%. core cpi matching the record low for the eurozone 0.8%. and euro/dollar, over here for some reason, 1.3534 is where we currently stand at the moment, having been at 11.3833, the two-year high last week. and we're still tracking above 1.3750 yesterday. that focus there at the moment. now, take a look at the euro seven-day, as well. that will sort of show you where we've been. the steep decline over the course of the week from that record high of 1.3833, as well. as far as the agenda is concerned today in the united

s by noon. we will fall into the 50's by 4:00 and fall into the low 50's by 7:00. you will need a heavy coat at the coast. >> developing news waiting to fine out when a two week old baby boy taken from a south bay apartment complex will we return home. abc7 news reporter, matt keller, has details. matt? >> the child and the father will return to santa clara county. one is a joyful row union at the sunnyvale home. the other will involve the district attorney's office. the 22-year-old father was captured in mexico yesterday afternoon at a checkpoint with his two week old son. the father abducted the child open tuesday afternoon and sent the girlfriend a text threatening to harm himself and the baby if she called police. the cell phone of the suspect was picked up but he got past border control and he was found in lukeville, arizona. based on the interview they called the border patrol at lukeville and gave the name, the border patrol ran the name in the computer and discovered a warrant for his arrest. the two week old baby is scared for by authorities until he can be

inland areas, we are in the 30's in the deepest valley and 40's for the rest of us and low-to-mid 50'in the afternoon. it will be chilly this afternoon with temperatures dropping into the low 50's by 7:00 or 7:30 and the coast is brick and it will not fell in the mid-50's when you factor in the 20 or 13-mile-per-hour winds. you will be around 51 in the evening. grab a heavy coast. well find out how the commute is. >> it is busy. we are going to take you into san jose with a couple things going on. we have police activity along northbound highway 87 with bumper-to-bumper traffic behind it. it was a solo vehicle crash and the people in the car fled the scene. police are on the scene and it could turn interest a sig-alert. no confirmation on that. northbound 85 at winches step -- at winches -- problem in that area. and expect shark at russian hill and at&t park with the batkid. >> wait until you meet this dark knight. >> we are following breaking news from the south bay, the santa clara county sheriff is investigating a fatal shooting. deputies spended to reports of shots fired in uninco

mid-70's through the north bay valleys and mid-60's at the coastline and low 70's along the east bay shore with oakland, fremont, castro valley around 72 and 72 in pleasanton and up to 74 in walnut creek and fairfield and livermore. tonight the temperatures are cooler with calm winds and low-to-mid 40's inland and upper 40's to low 50's around the bay shore and mid-40's at the coast. sunday's system is to the north sliding to the bay area by monday and that is where the computer models diverge on the rain. tomorrow will be two to four degrees warmer. >> back up to intron take -- up to el sobrante, been spilled. you and see to the west, westbound 80 is sold out away from highway 4 to the hoffman split to albany and now it is 40-minute comminute. to the south to oakland, coliseum way a five car crash which is clearing. to the south we have this, at parkway, blocking one lane. another crash along northbound 680 at mission boulevard blocking at least one lane. eric and kristen? >> thank you. u.c. students get a break from tuition hikes this year but what about next year? what the new bud

in my opinion he is s and s trucking is forthcoming and working closely with the truckers. although i have not been working with them but i'm in support of s and s >> thank you very much. any other members of the public wish to comment. seeing none, public comment is closed. colleagues, can we have a motion to accept the motions from the budget analyst we can do that without objection. so moved. mr. clerk are there any other items and a mr. chairman, i ask they have the amended resolution to us by 9:00 a.m. >> excuse me. we have a request from our clerk you provide the contract. >> the resolution to us tomorrow more and more by 89 a.m. i believe i'm working with our department and a mr. clerk any other business before us. no, that's it and that concludes our agenda for today. thank >> san francisco parks, golden gate park transforms into one of the greatest music festivals of all time, let's journey, inside, outside land. ♪ >> to this, our 6th year doing the outside lands and our relationship with san francisco, rec and park. and we work very closely with them in the plannin

and 50's unlike the 30's and 40's yesterday. the winds shift open thursday bringing cool conditions through monday and on monday the pattern slips and we have a healthy chance of rain if the models can be verified. the timing is not so good but we need the rain. another one developing toward the northeast so we get an offshore wind and we will have warm weather to the coast today upper 60's to low 70's. los gatos is warmer at 73. on the peninsula, upper 60's to 70's and los altos at 73. mid-60's along the coast to upper 60's in downtown south san francisco and sausalito and mid-70's through the north bay valley and mid-60's at your coast and low 70's from 70 to 72 degrees until hercules at 73. 72 at pleasanton and brentwood. temperatures will be cooler tonight and back in the 40's in most areas and maybe a few 30's inland. wednesday we have high clouds and sunshine and temperatures two or three degree warmer and it turns cool and we lose a couple of degrees thursday, friday, saturday and sunday and then it is 10 or 15 degrees coo

until the early 1970's. ave been here before. gerri: we have been here before, absolutely true. the p/e ratio, 16 beck were looking earnings. less talk about carl icon. the activist investor today. he is very cautious. he thinks this market is way, way, way too expensive. why? he thinks that money is cheap and the companies are getting their earnings because money is cheap. what do you say? >> well, he is entitled to his opinions. market opinions. everyone has one. gerri: what do you make of it? >> i am long stocks. most people make the mistake, they make investing in all or nothing decision. bullish at the top been bearish on the bottom. it continues to be hired. having some equity exposure makes perfect sense. >> if you really understand the movements of the markets, we have never had this type of the market with this type of an interest-rate environment. the formulas being used to create these assessments which everyone is referring to, pe, the ratios. they are all thrown off by the cost of the value of th

san rafael, you hit the 70's. in the mid-60's at your beaches. along the east bay shore 74 in oakland. 71 in fremont. inland, 72 to 74 degrees. tonight is another mild night because of the cloud cover with a lot of mid-to-upper 40's inland and upper 40's to low 50's for the rest of us. the system will pass us to the north with the cloud cover and a wind shift so the cooling is very minimal. there will be mild afternoons through friday, saturday, sunday. the rains will move in late on monday. here is the seven-day forecast. we hope the veterans day festivities will be dry in the morning. hang around until tuesday and then dry on wednesday. >> serious accident westbound 580 at mcarthur boulevard in the area piedmont. a car possibly hit a pedestrian. we will follow-up on this. it look like we have one lane blocked. this will no doubt be a big scene involving c.h.p. and other agencies. plan ahead and avoid a 80. at the altamont pass we have construction lasting until 9:00 this morning, eastbound 580 from greenville road to north flynn. check out the w

60's along the peninsula and low-to-mid 60's along the coast into downtown and south san francisco and sausalito is 65 and san rafael and north low-to-mid 70's and low-to-mid 60's along your coast and mid-to-upper 60's for the east bay shore neighbors and hercules possibly to 70 and mid-70's in the east bay valley. tonight, the temperatures could be cooler because we will not have cloud cover but the breezes the keep the temperatures up at low-to-mid 40's inland and near 50 around the bay shore. the clipper system is coming down today at 11 i think color tonight kicking up the wins and it will be dry and clear the you can see the high clouds for friday night into saturday and what is the secondary push of cool air and then to the north in lake and mendocino counties scattered snow showers with limited moisture. we need i. we will have another changes on tuesday, a slight chance of that and the coolest weather is saturday and sunday and 50's at the coast and the rest of us in the low-to-mid 50's. leyla gulen? >> we have a video from this morning of an overturned big rig causing backups

it is now up seven weeks in a row and now stands 27%, the s&p above where it started the year and if the index stays at that level through year end, the annual gain will be the greatest in 15 years. the favorable reading on midwest manufacturing helped stocks today, so did a report on job openings. here is how the market closed out. the dow up 54 points, good for the 41s record close of the year and the nasdaq added 22 points and less than nine points away from the 4,000 milestone and the s&p was up nearly nine to close at 1804. >>> one dow component didn't benefit, we're talking about intel. shares tumbled more than 5%, now just yesterday intel was the best performer in the dow so what happened? the company disappointed invest tors forecasting sells of computer chips that will be flat as it makes a stronger bush into mobile devices. invest tors are questioning the mobile strategy. dominic chu has more. >> reporter: intell is in for big changes. the pc's business, intel's life blood continues to stink whihri. worldwide, 80 million pcs shipped in the third quarter including laptops, d

by the time you get to the 60's and everyone knows about them -- johnson, in the 1950's, this was a shocking> you talked about the entertainers. one of the thing that changed about be number of social events that we had with the arrival of air travel and postwar diplomacy. there were many visits of official people coming to washington during the eisenhower years. we will return to gettysburg to the farm to look at how the eisenhowers entertained their. we will learn how they entertained officially touring their time at the white house. >> i am here at the farm alyce evans. >> we are seeing mamie in her inaugural gown. it is a copy of the white house portrait. mamie was a big the nl player. player. piano >> alyce evans, we are in the formal living room. how much entertaining was done in here? >> surprisingly not a lot of entertaining. president eisenhower was not a big fan of israel and its decor, but it definitely shows mamie as first lady in this room. her understanding of etiquette and rules and regulations. she wanted to put her guests on display. this room is mostly decorated with gifts

the nasdaq was up 3.6%, and the s&p 500 up 2.8%. a good month all around. while shoppers flocked to stores on this black friday and many more headed out on the thanksgiving holiday, the early word is that the season has started out quite strongly. shares of many of the major retailers started strongly today, but then they faded like the rest of the market. the one stand out, best buy, adding more than 2% on the day. courtney reagan is in dayton, ohio, where she had a front row seat for all the black friday goings on. courtney, let's start with how strong overall the traffic has been where you are. >> reporter: yeah, i have to say, tyler, that the traffic has been pretty strong. i'm pleasantly surprised by what i saw. seems as if we saw a lot of traffic flow at the big box retailers on thursday afternoon and early evening, and by big box, i'm talking about walmart, target, best buy, the ones who had those door buster specials. a lot of focus on electronics there. then we did see a lull, i'll admit it, overnight and the predawn hours. because of the thanksgivi

the s & p 500 up 24%. but with new highs after new highs are there underlying warning signs, that we're getting too frothy, and how should you trade heading into the final stretch of 2013? guy. do you risk missing out on the upside, if you're not in at this point? >> well, obviously, yes. i mean, that risk has been here for quite some time. i think your point about, are there warning signs? i think there are warning signs, we mentioned it last night. to me, it comes in the form of historic margin debt on the new york stock exchange, which is great, when the market is going higher, but obviously not so good, when it's going down. the last two days, interesting, yesterday you saw the market sell off, then you had the subsequent rally. the last couple months, last six to eight months, those rallies would have extended higher, it didn't. it actually sold off late. today on the other hand, you had every opportunity to push down that 1740 level on the s & p i thought we'd get to this week. looked bad at a certain

to 70's on the peninsula. -to-mid 60's along the coast and upper 60's downtown and sausalito. we have berkeley at 68 and alameda at 69 and everyone else around 70 to 72 and warmer inland east bay low-to-mid 70's. tonight the temperatures are three to five degrees warmer because of the high clouds so low-to-mid 40's inland and bay shore and to the coat. tomorrow, we will have a stall something that will kick up the wins tomorrow and friday with no watches or warnings and behind that, we will have another shot of cooler and breezy air for the weekend. temperatures are ten degrees cooler by saturday. we are lending the accident in san jose is involving four vehicles and it is causing a jack northbound 101 approaching alum road everyone is over to the center divide but look at the red coming away from this area we will see heavy traffic at 20 miles per hour for a top speed. in the southbound direction 680, the accident is cleared with red last behind it in the wake at 14 miles per hour for a top speed and heavy con

in the mid-40's in the north by to mid-50's in san francisco.here is an increase in clouds as we head to monday ever so slowly creeping our way and a pretty good chance of light rain for all of us open veteran's day. on monday and tuesday, temperatures drop two to four degrees each day. >> we have a brand new sheriff department reports on 880, involving a couple of vehicles. we have another accident in castro valley with muni delays. we have an accident northbound 880 blocking one lane. if you are coming away from highway 92 you will see it. you will be in the clear headed to san lorenzo. 238 northbound, a patch of red is because of another crash involving a milk. -- a motorcycle. details ahead. >> westbound 205, an injury accident causing heavy delays away from 11th street to the altamont pass. our mass transit shows number two line, there was a fire so there are minor delays. caltrain and bart, though, all running on time. >> thank you at 5:49. a plan to hire thousands by starbucks. >> tablets and smartphones could be causing long-term damage

the s&p up around 26.4% so far this year. utive eric knoll is leaving the exchange to be the ceo of brokerage and technology financial firm convertix. he oversaw a deal to buy an electronic bond trading platform. he had been seen as the leading candidate to eventually succeed the current ceo who recently signed a five-year contract extension. nasdaq's board has been working on planning. nasdaq's omx stock down 2% in frankfurt. >>> evernote is a process designed to help people access and manage files from nn location. the company says it can help users in everyday activities such as remembering people you have met or food you may have enjoyed. phil livin is ceo and is joins us on set. good to see you, phil. >> great to be here. how healthy is the sector at the moment, do you think? >> i think it's great. there's a good fund-raising climate, a good capital climate, the best time in the history of the universe as they try to make the start up. >> really? >> i think so. >> how much is the fact that the healthy client is aid by the

to low 70's in the south bay with san jose at 69 and mid-to-upper 60's loan the coast or thend low-to-mid 60's along the coast into downtown and temperatures in the north bay low-to-mid 70's but ten degrees cooler along the coast behind and mid-to-upper 60's along the east bay shore and warmest in the east bay valleys with temperatures in the mid-70's. cold front is coming in this afternoon and evening hours the winds pick you will and it will be brick through tomorrow morning and we will not tell with fog tomorrow. secondary push on friday night into saturday with the wet weather close enough to mendocino and lake county but not here. check out the seven-day forecast ten degree cooler by saturday. >> we have learned that president obama will address the nation about obamacare at 8:45 our time this morning and this will happen at white house briefing room. >> the morning news is back in 60 >>> as we hand things off to "good morning america" there are seven things you ned to know: a sig-alert is in effect for interstate 80 after a big rig crashed and rolled over ambassador emb

>> if you look at the s&p up 26%, 27%. there's a tremendous amount of gains people have in their accounts. i think over the next two to three weeks you're going to have the january effect with the losers like miners. last year the worst stocks in november december best buy, hewlett-packard. last year the most hated sector in december 2011 financials. bank of america in 2012 was up 115%. you want -- i think with this 27% performance in the s&p you'll have an outsized january effect. that's what i'm looking for. how do you want to approach that? how do you want to invest then being exposed to what larry? >> i want to be exposed to the miners, the parts that are exposed the most. miners are really beaten down because everybody is selling their losers to lock in those losses to offset some gains. i think you see tremendous outperformance from miners in january. >> you say you're wait fog a selloff. what's most vulnerable. where do you think the weaknesses vulnerabilities are in this market. >> i go back to the hard data, right?

in the 30's hearing the district. 39 in stafford. a lot of 30's out there. thinking the 20's tonight and especially to the west, we will see some teens. gaithersburg, 31. 28 go over in martinsburg. 32 and upper mall -- upper marlboro. 32 in leesburg. air.ll see a bit colder the official number downtown today, 40. we have a little surplus. 74 back in 1973. cool numbers from the carolinas to the north. back outnally getting of the 30's for the last couple of days. does appear to be cold around here. another system reaching out for us for the weekend. the enforcing that cold air, that high pressure for tomorrow. it will be on the chilly side for your black friday shopping. now we have an east-northeast wind flow. with that you can expect the clouds to move in for your weekend. teens arei think looking likely. as we go through the day tomorrow, 40's for the highs. partly sunny sunday. maybe we will have some more by next wednesday and thursday. >> so that will hold out for a while. primetime,abc seven enjoy thanksgiving with lady gaga and the muppets. >> we like

we are there. 1800 on the s&p 500 we are there. ons are that this will be -- this five-week period from thanksgiving all the way to christmas, it's one of the strongest times of the whole year. on average we're up 4% or so in that particular period. we were up 10% between may and beginning of november. you would have missed out a huge amount if you pulled out. some of those seasonal indicators from the s&p 500 don't work as well. put that up and we'll see what is going on. meantime, discussions are about signs of the bubble. you know the signs of the bubble. this is looking for various signs of other things here. investor sentiment has been bullish. market is at record levels. we heard this all weekend. there's a reason why the markets could pull back. the problem is, the russell 2000 suddenly dropped in the middle of the month and started to dramatically underperform the s&p 500. this is a one-month chart. everyone is like, uh-huh, that's the sign that's going to tell us and the market pulls back. but it didn't. it dropped a couple

low-to-mid 70's around the bay. mid-60's to 70 from the coast to downtown san francisco. >> as eric said, sig-alert in walnut creek has canceled as we take you out there we see clear conditions making the drive southbound along 680 to highway 24. all lanes have re-opened. there is slowing in the northbound direction. at the altamont pass we have a brand new accident involving a motorcycle westbound 580 as north flynn with a lane blocked. there is slow traffic eastbound direction. we have construction westbound side with traffic building. we are under half an hour from tracy to dublin highway 4 and 101 which is clear. this is a look at the golden gate bridge from marin county to san francisco, not a problem. >> leyla gulen, thank you. election 2013 is over and bay area voters have spoken on gun restriction, new development and sale taxes. katie marzullo is in the newsroom with results from key local issues. katie? >> we start in sunnyvale. a lawsuit could be brewing with the toughest gun laws in the country will becom

a great performer on the s&p 500. stocks hitting a new high. warding loyal customers but they came under some sales numbers that were disappointed. the ceo says he is not as close to closing stores. back to you. connell: nicole, thank you very much. the other story is united states and iran reaching a deal to freeze the nuclear program for six months, but the fallout has far-reaching impacts among political and economic. oil prices falling today, something we are watching but the political impact is much more complicated as you have lawmakers on both sides who are skeptical of this deal that was announced over the weekend. let's begin our coverage with peter barnes with more. peter: there is a wave of criticism over the nuclear deal with iran over israel and saudi arabia and republicans and democrats in congress as you mention say iran cannot be trusted, the six months agreement is not tough enough and will keep iran on course to building nuclear weapons. iran promised to cap uranium enrichment and neutralize the stockpile in the deal to limit u

upper 50's along the coast and flirting with 60's in the sunset. mid-60's downtown and south san francisco and mid-to-upper 60's through the north bay valleys. along the east bay sure from berkeley at 65 to oakland at 68 and inland 67 in san ramon for the school spot. tonight is as cool as this morning, mid-to-upper 30's inland valleys. the seven-day forecast shows two to four degrees warmer tomorrow and same on wednesday with a few high clouds today and more on when and thursday as we transition to the cool air mass. we are stuck in the 50's and 60's with a lot cloud cover saturday and a chance of showers on sunday. leyla gulen? >> they are headed out to the seen -- scene of an accident with a car and a pedestrian. we will have police activity here. to our app we are tracking this accident a care spun off the freeway. we have a report that it is a major accident. that will cause delays as you make the approach through east palo alto. southbound has spectator slowing, as well, and you can always track your own traffic with the abc7 news exclusive wa

the second in mexico. now this third tesla model s fire in the state of tennessee. phil lebeau has details on that one. nd, bill, we're still trying to get exact details about what happened with this tesla model s fire. take a look at these pictures provided to us by the tennessee highway patrol. these are shots of the model s after the fire was put out. the driver was uninjured. got out of the car. he apparently drove over a tow hitch in the road. that punctured the battery compartment. by the way, as you're looking at this, this is the third model s fire in the last six weeks. and for tesla shares, it has added to what has been a terrible couple of days. in fact, this is the worst two day drop for tesla shares in more than three years. tesla says it is sending a team of investigators to tennessee to investigate what happened. as for the federal government, the national highway traffic safety administration tells us that it will contact the local authorities who are looking into the incident to determine if there are vehicle safety implications that merit agency action. tesla has sold more than 19,000

i know they're to be matched with the talent of the people in g s a. we've wanted to work outside of our bureaucracies. this is the new government we're producing here locally and we want to match that we have great partner like our libraries and museums and we're going to compliment that. we can only do that to embrace the opportunity not only to make mistakes but better sufficiency and involve more people and housing and economic opportunity. this is what market street isal about it's our main corridor in san francisco. and that's why for so many years even before the companies technology came to be there were those artists from a.c.t., from the theatres, from the costume shop and their great arts foundation burning man they were trying to get some life 90 in the story front and with that risk-taking came some attraction but it's symbolic with the public-private partnership we help them and they us. my job and i know nancy pelosi has done it i'm following here lead to sustain that success to open up those opportunities. this building will compliment w

in the mid-to-upper 60's on the peninsula with low 60's along the coast and possibly 64 at sunset but that the same temperature for downtown and 6 a in sausalito and low-to-mid 70's through the north bay valley. the atmosphere is still warm with low-to-mid 60's at the coast and along the east bay shore mid-to-upper 60's from 66 at berkeley to 68 in from time to time and castro valley could be the warm spot at 70 and the east bay valley is warmest at mid-70's. tonight, the temperatures are the same as this morning and maybe slightly cooler inland with 30's. most of us in the mid-40's to around 50. here is what going on, the system is coming down today, breezy tomorrow, the next system is closer to the coast and shower activity to our north and a very moisture starved system. it will keep us breezy on saturday. saturday is the coolest day at ten degrees cooler than today. an ever-so-slow warming trend with sunny conditions and calmer weather sunday and monday and chance of shower on tuesday. >> mark is recovering from an early mechanical problem with 20-minute delay at daly city into th

the dow is on track to close at record high. s&p getting ready to close above 1800 for the first time ever. these blue chip gains pail in comparison so one of the debuts today. look at vince, up 40%. a designer clothing company. courtney reagan with details. >> it's hard for investors not to compare any new high-end retail ipos to michael kors. first day of trading at new york stock exchange under ticker symbol vnc, vince holding corp is exciting wall street with shares up better than 40%. vince shares opened for trade at $29.50 per share. comfortably above that $20 ipo price, which was also above the expected $17 to $19 range. vince holding company's market cap is $1.1 billion. they sell at barney's, bloomingdale's, neiman marcus and saks and their own boutiques. they expect their potential for boutiques to grow to 100 in the u.s. and looking at international expansion. logging a 32% increase in the first half of 2013 following a 23% uptick in 2012. and 7.6% growth in comps in 2011. despite increasing comp tilgs and heavily promo

inland valley in the mid-40's and the rest of us the mid-40's to 50 degrees. today and tomorrow, the storm track is staying well to the not and maybe high cloud from time to time. the seven-day forecast shows temperatures are close to average but it will be one to two degrees cooler through veterans day which is looking dry. temperatures are close to average tuesday, wednesday and thursday and slight chance of rain on tuesday. have a good weekend. >> we have the accident in oakland blocking one lane eastbound 580 by seminary. watch out for that. it is causing a bit slowing but not putting a dent in the commute. as far as construction we have plenty of that. san jose in the northbound and southbound direction at highway 87 and we have all the lanes blocked with detours in place and it does not appear there is enough traffic to cause problems there, 880 is clear on the nimitz as we look at the commute if daly city and over to san francisco if you are headed along 101 and away from sfo, as well, you can see the drive is only ten minutes to get to third street into

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we back we had an amazing year for the s&p. past 12 months we have a scenario where in the situation of a sell-off has anybody in the market as long as the trent contiguous with a major correction in the equity markets particularly in the first quarter obviously the fomc meeting then at the end of jay rebirth of -- both of those would be important for everyone. david: currency is your expertise and talking about the year-old but long term is there in the currency that has captured your interested? rivera going back to pre-crisis with the dollar trading above $2 which really helps exporters period retailers as well. getting the influx from the of a british tourist and doing business this time of year. i think the british pound we are bullish against the dollar. david: i just had to lbs. i gave them to our british producers they could be worth a fortune now. [laughter] tracey: can you comment quickly on the yen while we're talking currency? >> japan over the last 12 months will be even more important because we will see some resu

the s&p 500 at 1793, so not quite back at the 1800 mark. they are not a big deal to traders, they look at other things like resistance levels, those of the kind of things they are looking at, however if you are a bowl out there, six straight weeks of gains, a winning week, the nasdaq and s&p are down. overall the momentum seems to be to the upside, though the fix does have a slight up arrow. also watching campbell soups. look at what it is doing now. the stock is down almost 6% at 39.38. they cut their four-year product outlook, and they have pasta and pepperidge farms. dagen: activist investor carl icahn warning investors the stock market could soon take a plunge knowing low borrowing costs are taking a plunge rather than real performance. connell: thing it is tough to predict, but will be have a plunge? >> it depends on what you consider a plunge. the full-year target on the s&p is 1750, so at 1800 we are little extended. we told our clients given the physical policy issues, pulling back 5%. that would be healthy. i don't define 5% as a p

we will be stuck in the upper 50's loan the coast until you get to sunset at 60. mid-60's through downtown and south san francisco and sausalito and mid-to-upper 60's law the north bay valley and upper 50's along the coast and along the east bay shore mid-to-upper 60's for you. pretty much the same thing as you head into the east bay valley and fairly is possibly 70 with a high cloud or two moving through the sky in the afternoon but it will be brighter than yesterday. 30's in the inland and the rest of us are in the mid-40's to upper 40's. two to four degrees warmer tomorrow and same on wednesday, and more high clouds on wednesday, and possibly a few low clouds as the wind shifts on thursday with high clouds again and notice the temperatures are falling back into the 50's and 60's for highs friday, saturday, and sunday, the cool of the days in the forecast. leyla gulen? >> hope everyone got a good amount of sleep over the weekend with the extra hour. so far, so good, on the roads so no reason to not have a second cup of coffee before you leave. here is our richmon

the ribbon cutting day. thank you for this. i is enjoy g s a it's like my agency you know my history the university that u purchaser and the city administrator you know i love g s a and to hear pittsburgh it's role it refers to our clients as customers. i went through those years trying to recreate those agencies given the opportunity and the high privilege of re13wi7b9 government and making us not only relevant but at the value for everything we must accomplish. i will add to the appreciation of president obama and his stimulus packet. i was here years ago i broke this ground with the architect and we were happy to before a break ground with leader pelosi and we looked at across market street and we saw market street as thirty percent vacancy rate a darkness to it people hurried and look what's happening 3 years later. i'll also reference this is one of our stimulus lettuce projects that's the purpose of that act. we want to demonstrate when you give us a little bit of stimulus we take it all the way in san francisco (laughter) this is so ap

wanted to talk about the s&p s&p 500. pite the fact they burned through a lot of cash, they will be out of the s&p 500 going to the s&p 400. actually spinning off, and that is going to be an ipo into the s&p 500 and there will be some changes to the 400 small cap as well. tracy: thank you, nicole. ashley: it is the busiest travel week of the year. already the country is getting hit with a massive storm and travel delays. rain, snow, sleet, ice, you name it coming down coast-to-coast. some predicted could impact 100 million people when all is said and done. janice dean will be very busy over the coming days. when and where can we expect the biggest impact, and obviously the timing could not be worse. >> the timing is awful all along the east coast tuesday into wednesday it really depends on where you live across the southeast. in the northeast tuesday night into wednesday show you how cold it is so areas like dallas, kansas city, memphis, part of that storm system could hit you and we could be seeing a mix of freezing rain

the s&p 515. t 6:30 a.m.. >> after nine weeks of falling gas prices, average u.s. price of a gallon of gasoline is up 3¢. the national average is at $3.28. in california the average price is $3.56. here is a look at the bay area gas prices. in oakland, a regular gallon of gas is $3.56. down in san jose the cost is $3.53 and ride in san francisco it is a little more expensive to $3.67. >> coming up on the kron 4 morning news. north bay teenager is found unconscious and is fighting for his life this morning. we will have more on what happens. we are also live at san francisco international airport this morning awaiting president obama arrival. >>darya: we began this half- hour with the latest on president obama visit to san francisco today. this is a live look at san francisco international airport. the president expected to arrive at 1030 this morning. the president will speak today at the betty ong recreation center in chinatown. this is video of the president's last visit to the bay area and jim.

we're seeing the s&p 500 up 5%. if you look at december going forward, nine of the last 13 decembers have been positive. the average gain 1%. we're seeing, you know, strong profit growth, over 5.6% for the third quarter. the s&p 500, over 6.7% expectations for the fourth quarter. so it will, all in all, what we're seeing, you know, signs of continual growth of earnings, growth in multiple expansion. but, you know, all within a reasonable bound. we're looking to a good year on close. >> you know, patricia, you make the point that we're in the fifth year of an economic recovery. i mean, by all measurements, that's the long and the tooth recovery. how much longer do you think that can last? >> we have a month to go. i think it can last through the end of the year, but i'm worried as we get into next -- as we get into next year. a lot of bad things happen in the fifth year. you might remember the crash of '87. that was a fifth year. we got a fifth year when we got through 1999, but then stepped off the cliff into 2000. i