Equipment and providing security. Its the common set up for a wildfire investigates vest team. The vineyard is almost impossible to reach by vehicle. Its down a steep hell from the top of the north fork of Crystal Springs road, just east of the silverado trail north of st. Helena. Almost nothing survived on the firescared mountain. The vineyard is surrounded by an electrician fence, and there are no power lines near where investigators were set up. Im in shock. Im devastated at the loss of my neighborhood. Reporter pam was startled awake around 4 00 a. M. Sunday when the fire first broke out. She took this video of the flames marching down ll side wh are now looking. Reporter i could see northeast here, big blaze up on top of the mountain. Reporter soon the fire would engulf everything around her, including several of her neighbors homes. When i felt my hair was going to startsen knowledging if i didnt just evacuate, you know. Reporter the first calls about the fire came in around 3 50
Or highs just yesterday alone. Bit of a pullback today. As for the nasdaq, yeah, it closed above 12,000. There was a massive runup in tech stocks again, a pullback is to be expected, and take a look at that, thats what weve got. Got it. Next, vaccine news. Very positive. The centers for Disease Control is telling states to get ready for Vaccine Distribution on a large scale come november the 1st. Which vaccine . Dont know, but this is a firm date and, of course, its right before the election. And it is exactly two months to the election, and the two campaigns are in high gear. Joe biden has reversed himself. He will travel to kenosha today. He said he wouldnt go, now he is going to be the comforter in chief. What will he say to the burnedout Business Owners . President trump goes to pennsylvania. Hell speak at Arnold Palmer airport just east of pittsburgh. Ive got a feeling hell talk about fracking. Stay with us, please. Youve got to say what Speaker Pelosi is saying about her break th
States across the country. Saying goodart by morning to you. The trendlines have not been good. There are two indicators for whats happening with employment. The Census Bureau is putting out per luminary data that indicate that the percentage of americans who are employed is declining again. And the Labor Department puts out data about initial weekly unemployment claims. Filing foreople their Unemployment Benefits for the first time. And those numbers have been pretty stagnant since the beginning of june and recently have begun to take up a little bit. Which is an indication that there are more people losing their jobs in the economy. Those indicators suggest that while we may see some jobs growth, its going to be a low number at best and thats going to suggest that this recovery is going to take a good long time. In this discussion and our anticipation of the jobs number on friday . That 600 benefit from the federal government. Looking beyond the next few weeks, how long do you think
Central, 202 7488000. Mountain and pacific, 202 7488001. You can text us. That line is 202 7488003. Are cspanwj. Post, as caseson near 5 million, trump digs in on schools reopening. They write the administration is sticking by its view that schools must reopen on time and , as mississippis conservative governor reversed course to delay school and make students all wear masks. The yuan chief warned that the world faces a generational catastrophe because of School Closures. Urgedideo message, he countries to suppress the virus sufficiently to allow schools to reopen, calling the pandemic the largest disruption to education ever. A policy brief alongside this containing the virus the most significant step governments can take toward grouping schools. We are learning a lot from governors about state plans and what localities in those states might do. The governor of texas, greg abbott, held a news conference. The Texas Tribune reports that local School Officials know best whether they shou
Of security at facebook, about the next big hurdle that the company is facing. As coronaviruses spike, loews longtime ceo Jonathan Tisch will talk to us about his belief about the governments role too revive the travel industry, but also all business in the United States power lunch is right now its agreed to see ygreat tl the s p 500 is lower by about 2 bob pisani has more on all the market moves. Hello, melissa. Were near the lows for the day. I want to emphasize what melissa was just saying, because the outperformance is truly extraordinary. What you want to focus on is the nasdaq 100 while up 16, the nasdaq 100, which consists of the top five five, up 21 this is an unusual dispersion. Were also seeing the equal weight down, the average stock on the s p is down 12 thats a good way to look at it. Meantime the russell 2000 small cap is down 16 . To show you the outperformance, remember these numbers these are the top five these five stocks are 6 trillion in market capitalization, almo