Stock hitting what . An alltime high ahead of its investor day next week, despite all the obstacles that face its parks and movie businesses weve got those details. Look at disney run and later the director of National Intelligence says china is the greatest threat to the United States and wall street may be getting stuff in the middle of the war of words we will explain as power lunch begins right now thank you, ty. Record highs across the board including the russell small cap two 2000 lets go to dom chu. The composite index is still up on the yeartodate basis offer the last few months, the gap or difference between the dow and s p has stayed relatively constant. Still, though, the s p up 14, the dow up 5 to 6 on that yeartodate basis looking at other trends in the markets today, look at shares of caterpillar. One of the bigbigg egebiggest ie biggest contributor. Caterpillar shares up 4. 5 we put a gold star up there as well one of the other things that were watching right now is what
Is in a few minutes. Looking forward to that. Remover, you can use the kpix 5 app to stay on top of changing weather and breaking news alerts. Lets go live to kpix 5s wilson walker, liberty reservoir near livermore and wilson. The rain is great news on the fire danger front. What is he doing for the water supply . Reporter liz and lester, trying to keep a restaurant live outdoors. Yeah, this rain is fantastic news. For the reservoirs, a little bit longerterm store there. As far as the fire threat goes, this is fantastic news. If we could just get these systems where we get upwards of a half inch to an inch with enough time in between each other to saturate the soil, relieve our creeks. Reporter rainfall on santa rosas Skyhawk Community this afternoon, just right amount. Not hard enough to threaten the burn scars, but enough to lessen the fire threat. Yes, the system we had a week or so ago is not enough to end fire season. It was followed up with another round of warm sunny days. Repor
Now the red flag warnings will be continued for these areas through 5 00 on tuesday. The winds arent going to be as strong, but they will still be gusty. The humidity be very low to the north bay mountains, thats where we are talking about the red flag warning through tuesday evening and we have wind advisory that is in effect for the entire bay area through 11 00 tomorrow morning. Even if youre in a spot that doesnt have a high fire threat, youll still need to prepare for the potential of Power Outages as whole trees could get knocked down by those winds. Darren has a closer look at that part of the bay area. Yeah, paul, this is not going to hit the bay area equally. Itll hit some places harder than others. John ramos is in the Berkeley Hills talking about preevaccuations there for a reason. Well be showing you why the Berkeley Hills are one of the places that really need to take this seriously. Well come in for a close up look now. The week hasnt kicked in at this point, but once we
With pacific gas and electric have been crisscrossing napa county repairing and inspecting power lines and poles. Before turning the power back on its getting kind of old yeah as usual residents who live west of the river in calistoga have been without power. This time since sunday afternoon. Some have been through it so many times that they bought a generator to make life a little easier. Ieeping one tv going. A light in my bedroom. Light in the kitchen. Wi fi. And the refrigerator. And its not just homes west of the river that have been without power. But weiner east to like castello di amorosa still after wine tasting continues, we had a generator. That is able to any. A gift card that whole castle not only is this winery had to deal with power shut offs but its warehouse and 10,000 cases of wine were destroyed by the glass fire at the end of last month. Still they keep pushing ahead because were so used having files for the last 4 years including the whole bay area. People are now
Crude getting wrapped into all of this. We get inventories coming out at 11 00, all of that wrapping into the story that maybe we arent that good at dealing with the virus again, despite what happened in the spring, and how that narrative will feed into your equity and asset allocation. The other story we are following his Morgan Stanley, the last major big bank to report earnings. Really wrapping out a winning week for wall street trading desks. The highlight was fic revenue rising 30 . That helped drive revenue above estimates. Also, equity underwriting fees came in double more than year before. Very solid. Now the question is, can it continue, particularly when it comes to the visibility of the election . Joining us now on Bloomberg Television and radio is jonathan pruzan, Morgan Stanley cfo, as well as sonali basak, bloomberg wall street correspondent. It is good to have you. Killer numbers, particularly when it comes to fic. What visibility do we have now for the Fourth Quarter .