Local news station. Breaking now thousands of californias weary wine country residents confronting yet another devastating wildfire. The glass fire burning through land that was saved from the other recent wildfires, we found out of our house. It gives you pause and it gives you a a moment to realize whats really important in life because. What we thought was important. Is now ashes. Hard work to build a home wiped away in mere seconds a sobering realization for families of last a lifetime of memories to the glass fire. We have live kron 4 Team Coverage to his own head of the cdc said if we just wore masks between now if there everybody wore a mask social distance between now and january we probably save up to a 100,000 lives. It matters and theyve all since i have to sit no serious person said the plus a night full of 5 interjections and contentious exchanges. President trump and democratic challenger, joe biden going face to face for the first time our political analysts are breaking
Than 46,000 acres and that 2 contained and take a look at this brandnew video a crime viewer frank blew sent to us it shows the glass fire from above the Santa Rosa Calistoga area around 8 oclock tonight. Franc was flying into sfo from spokane when he saw the huge plumes of smoke and the orange glow of the flames and this is looking down from several 1000 feet and it gives you an idea of just how much landon area is burning in just how devastating these fires are. We have Team Coverage tonight on this last fire we start with kron fours 10 of us live in Santa Rosa Taylor. We just saw it looks like from the sky and youre there on the ground up close a lot more different situation there isnt. Vicki unfortunately were seeing situations like this homes reduced to rubble. This is what used to be the Saint Germains family home you can see some of the areas here still smoldering and right now standing in what used to be the garage. There was a weightlifting room inside this garage, you can see
Ashley, kick it off with you. Ashley why not, million listsa welcome back, connell. Hopes for a new come from mize stimulus bill and decent Economic Data has to be said helped push major markets higher in the session. We lost some steam in the final hour. What about the final minutes . More money came back in even though we know Congress Continues to wrangle over the relief bill. The dow, s p, nasdaq finishing the day as you can see on the upside. The dow up 328 points. S p up nearly 1 . The nasdaq gaining 3 4 of a percent right at the closing bell. Not bad. By the way we should mention apple, almost, i say almost reclaimed it is two trillion dollar market value gaining more than well, 1 1 2 in the end, about a buck 1 2 short of that landmark level. We should point out apple is up 27 for the Third Quarter. Not too shabby. As for the month of september, a historically weak month we know that for stocks. That kind of proved to be the case with all the Major Exchange losing ground. The do
Gaming stocks load why . Plus Cyber Security from palantir making a big splash in its public debut and later on, your call of the day. One top analyst says that stock right there is one of the best growth stories in retail you know what it is . No, you dont. Maybe you do were going to bring you that name ahead. Good evening, everybody. Wow. What a start to september. Ov overall i should say a september to forget. The s p 500 capping off its worst september in nine years. But for the quarter, we actually had some pretty good numbers the s p 500 gaining about 8. 5 this quarter leading the way Consumer Discretionary, materials and industrials, rounding out the pack notice whats not on there . Technology the sector that posted a loss this quarter, the only one energy, which slid 20 so with q3 now in the books, guy adami, in a quarter with more ups and downs than action park, what do you make of the setup for the Fourth Quarter by the way, brian, great to have you here. That action park, th
And maybe some headlines on stimulus before then hit a bit of a dip here dow down 150 or so. The nfl confirms covid cases among players and nonplayers with the Tennessee Titans. And governor comeau saying theyre now up 3 . We might start to talk about schools closing. Meanwhile valuations is where we will begin this morning as investors try to interpret data. The price to earnings ratio of a nasdaq 100 of the last ten years, the pe ratio, it is doubled and it is at that alltime high. As you see up there above 30 it was at around 15 to 18. 40 of that index is made up of just the five biggest tech stocks so here is the question. Are stock prices in big tech stretched to a point where the value wakes no longer makes sen. We have the editor and chief of the verge joining us we have not seen valuations among the biggest stretched to this point in a long time. I kaech hearing this whole peer group value thing, but what if theyre all out of whack yeah, i think that is a big question why would