Drowned video you can see how all the smoke from the fire is filling the sky the fire is burning in a very remote area of the Livermore Valley other images of this fire which grew extremely quickly overnight. James fortunately the temperatures in livermore was in the 60s and around the time the fire broke out the ones around to in the modify our along with those dry in a very the drop like conditions making this a real challenge if you took pictures or video of the fire would love to see whether to get more on the fire coverage would have michelle with a look at the fire forecast for today. Michelle apon fires in this area can be very drive the good news is it is timmy this morning temperatures and to the mid60s and humidity values are still at some of the to lower seventh maybe dusty at times later on today temperatures all actually be warming upper as you make a way out the door across the bay at the coast of right now into the lower 60s with a bottle of mildest the couple of degrees
Rally pause. Futures are flat as investors await further futures from the feds on its interest plans call it the amazon effect. Shares of bed, bath beyond slashes fullyear outlook. The most destructive storm in modern history puerto rico suffering that direct hit from maria. After another day of record highs for stocks, wall street focusing on the fed which wraps up its twoday policy meeting this afternoon the policy Statement Due at 2 00 followed by the News Conference a half hour later. The watch is on to see what the fed will say about reducing its Balance Sheet. This is the head of the journals finance section today and that is markets uneasy over fed action as this treasury slump, jim, is now the longest since march. Yeah, i mean, i think that were all kind of dealing with the idea that the markets, i looked at that headline and i say, if the markets arent easy, why did we hit a high. Dow jones, s p, nasdaq if for once were not beholden to what the fed says i want to know about th
Trenches talks in japan up almost half a percent overnight. While the moose in the Global Market. Lauren democrats lay out conditions for working with republicans. Senate Majority Leader Mitch Mcconnell says if they have to come the gop will go it alone on tax cuts. Fbn am starts right now. Train to a five o. His title when he appeared in europe through wednesday, august 2nd. Good morning, cheryl casone. Lauren thank you for joining us. Lauren simonetti. I feel like it is going to happen and this is why. Great day for apple to the tech giant with blowout thirdquarter earnings come in sending the stock to an alltime high of 6 right now. Tracee carrasco joining us with more on the story. Good morning, ladies. Typically apple slowest was a Solid Earnings report. That exceeded wall streets expectation. 41 million iphones during the quarter up 2 a year earlier. Ill save 15 increase in the number of ipads sold after several quarters of decline. All of that helped apple hit 45 billion in sale
Close at an alltime high. The run up powered by investor optimism that president elects policies could lift the do you was enough for the best week in pfeiffer years. Today the Dow Jones Industrial rose 40 points to a record 18,057. Nasdaq added 48 and s p 500 kind of fell a little by three. The blue chip index climbed more than 5 . The nasdaq and s p were both up 3. 8 . But how much gas is left in this markets tank . We take a look. Reporter stocks lost speed today but that should come as no surprise after a record high this week. The big question is how long can the rally go on. Banks and stocks, both rallied bigtime this week on the perception fewer regulations and oversight will transfer into more profits for Drug Companies and bank companies. These sectors can only go so far without specific detailed legislation on what will happen, for example, to obama care, drug pricing and dodd frank regulations on banking. Drug stocks, for example, were down. A letter signed by 600 doctors pu
Close at an alltime high. The run up powered by investor optimism that president elects policies could lift the do you was enough for the best week in pfeiffer years. Today the Dow Jones Industrial rose 40 points to a record 18,057. Nasdaq added 48 and s p 500 kind of fell a little by three. The blue chip index climbed more than 5 . The nasdaq and s p were both up 3. 8 . But how much gas is left in this markets tank . We take a look. Reporter stocks lost speed today but that should come as no surprise after a record high this week. The big question is how long can the rally go on. Banks and stocks, both rallied bigtime this week on the perception fewer regulations and oversight will transfer into more profits for Drug Companies and bank companies. These sectors can only go so far without specific detailed legislation on what will happen, for example, to obama care, drug pricing and dodd frank regulations on banking. Drug stocks, for example, were down. A letter signed by 600 doctors pu