karen travers, abc news, washington. >>> the turmoil on wall street cost the california public employees retirement system $18 billion. the value of calpers stock portfolio lost 7.6% since july 1 but made back some of the losses in yesterday's rebound. calpers is the nation's largest public pension fund. they see the stock market decline as a chance to hunt for stocks at bargain prices. >>> 4:35 now. the san jose city council voted to keep paying city employees indefinitely when they are called up at the military reservist. media partner, the "san jose mercury news" reports recent audit recommended a time cap on how long the city would subsidize a tour of duty for city reservists. they recommended restricting employee to five-year subsidized leave. yesterday, the city council voted unanimously to extend the military leave program indefinitely without any limit on how long soldiers can be away from their city jobs and still get the equivalent of the full city salaries. >>> the redwood city fire department is asking property owners to check the water, sprinkler and the pipe system every da

karen travers, abc news, washington. >>> 4:51. yesterday afternoon, nice, warm. today, do we retreat? >> in a few areas, a few degrees. but maybe not noticeable until this weekend when the real cooling trend moves in. we have minor fluctuations in the next few days. a lot has to do with the cloud cover that you're seeing here. some days is thicker like today. some days is non-existent like yesterday. you can barely see the top of the bay bridge. i suspect there is drizzle along the coast also. talk about the temperatures stepping out. 48 in san rafael. 61 in antioch. everybody else in the mid-to-upper 50s. cloudy conditions around the monterey bay. inland to salinas. mid-to-upper 50s there. not as cloudy around gilroy, 51. the highlights, sunny this afternoon. near normal high temperatures. minimal changes through friday. and then more clouds and cooler weather as we slip in to the weekend. for today, here you go. one degree cooler in concord and san jose. same in oakland and san francisco. one to two degrees warmer than fremont and santa rosa. that's how negligi

i'm karen travers. i have that story coming up. >> potential new use for tylenol. how it could provide release from emotional distress. join the revolution against scrubbing on your hands and knees. use new resolve easy clean to deep clean your carpets. it removes three times more dirt than vacuuming alone. just three easy steps for beautifully clean carpets. don't just vacuum clean. resolve clean. detergent alone doesn't fully dry your dishes. it leaves spots and residue behind. add finish jet-dry and they dry two times better. and they're shiny. that is shiny. >>> welcome back. a look at the high temperatures across country. over 100 in phoenix and dallas. 80s and 90s. 81 in boston today. 88 in d.c. 94 in salt lake city. 81 in portland. 74 in seattle. we have flight departure delays out of laguardia. otherwise, all the major airports are running on time. flight tracker, anytime you need it. abc7news.com. eric? >> mike, thank you very much. >>> 4:48 now. overseas markets are mixed this morning following yesterday's 77-point drop on wall street. asian markets didn'