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dave general warming trend with dry weather through the end of the week. Dry offshore winds will impact some of the higher peaks and ridges off and on again late this week into early next week. mark our top story this morning. Investigators in nevada are working to piece together events that led to the deadly mass shooting in las vegas. Now police say the shooter may have had help. darya 58 people were killed in the shooting and overnight authorities lowered the number of injured to 489. 300 have been discharged from the hospital. Mark Las Vegas police found 50 pounds of explosives and 16hundred rounds of ammunition in the car that the shooter left at the mandalay bay. Authorities also say that Stephen Paddock planned to escape after the deadly attack, but instead left a note before killing himself he also may have had help in the attack. Police say paddocks girlfriend, marilou danley, is cooperating with authorities and has spoken to the fbi. The police have said she is not a suspect.
Good winks morning, welcome to squawk alley, cart qui ca quintanilla with jon fortt stocks off the lows, down triple digits a few moments ago on the session. Watching to see if this dip gets bought in the middle of the day. For that lets get to bob. Still down, off the lows, s p up 10 points from the open lets look at the sector, still defensive but moving to the upside banks a big down open but you can see they have moved in positive territory, telecom only sector on the upid. Cyclicals on the weak side weve been talking about slowdown in the Global Markets in the last six or seven trading sessions europe on the downside, stock 600, s p of europe nikkei, s p down 1 since november 6th russell 2,000. Weve been talking about high yield always weak point. We asked our friends what happens when high yields declines 4 in a month were not down there that far yet. The high yield index, those etfs declined 4 . Usually follows them about were not there yet. This is a good indication high yield
Many of them sure seemed to have developed some pep in their step today. A day where the dow gained 26 points, ninth Straight Record high s p advanced 1. 6 , first record close since july 26. And the nasdaq climbed 0. 51 [ applause ] for the past couple of weeks, the dow jones average has captivated people throughout the country as it lunged through 22,000 level like it was childs play at the same time, the Growth Technology stocks, like f. A. N. G. , have been under pressure, with lot theorizing its game forever author these allegedly overvalued companies of course, the tech bears are not all that original. Boo the narrative for this decline is always the same when the has dnasdaq peaked in h of 2000, lots of money flowed out of tech. All of the same old school stocks that people revert to when the tide goes out and the hyper Growth Stocks are revealed to be frothy and expensive but i love historical analogies as much as the next guy, im always trying to find patterns but history does
We will start the timer in a minute it looks like 7 00 and he is on 580 and we can start the timer unofficially because it will take a while. Lets move on to other parts of the east bay, 680 is okay but highway 4 is slow through pittsburgh and the south bay commute will be busy with 680 out of pleasanton there is a crash near 84 and that is very slow. There was a crash at 92 as well, 7 01 lets go to the desk. Lets get to it, we have a big cool down and that is a hint of things to come. May be even significantly cooler by this time next week. The low that is over us has tapped into the tropical moisture and now it is turning and boy did that usher in cooler after picking up the fog bank and it is firing up the thunderstorms. The fog was getting moved by the northerly breeze but now it is coming back and there is a lot to go around. 67 in the city today. The water temperatures have come up so the low temperatures are up on the coast. The San Francisco buie has dipped it was 60 friday now