Nasdaq down 110. S p down more than 40. Lets check with kcbs radios financial reporter jason brooks. Whats going on . Its another brutal day. Its going to be ugly when you look at your 401 k report when it comes out. Especially if most of your investment is in equities. Just another selloff of the stock market. Investors really focused on china. China has been a huge Growth Engine for the Global Economy in recent years. But its stock market has been tanking much worse than on wall street now over the past three months the economy slowing down, number of moves by beijing not doing enough. And now thats coming here. Stocks are expensive during a bull run that lessed more six years. Will the feds raise or not raise rates . When you have a lot of uncertainty and volatility investors are selling. Thats what we are seeing today with the dow and nasdaq pretty much in correction territory at this point. I guess the big question now is it panic time . Are being going to be selling . Reporter ho
Counties. If there was any positive from this morning it is that the atlas fire did not appear to have grown overnight. Maybe just a few thousand acres but there is a lot of concern for folks who live in calistoga. All of them were told to evacuate and the same for downtown sonoma. I have friends in that area who have left their homes and are waiting word for if that fire is progressing. My friend tweeted me from sonoma he got out, he packed up his pickup truck with everything and they are gone. He says there is no one left. We just heard from cal fire some people are defying the orders to evacuate thinking they will stay and defend their homes but they are putting themselves in danger and theyre putting firefighters endanger. In danger. So at this point we have to understand it is about more than just you. If you are told to get out and get out. When that News Conference starts we will bring you their live. The cal fire chief says the situation will be getting worse before getting bet
james james flames are forcing more evacuations in sonoma. Neighbors had to leave the area around sonoma square. The north bay fires are only getting worse as firefighters struggle with containment. This is video from the journeys End Mobile Home Park in santa rosa. It is destroyed. darya here is what we know right now about the fires burning in napa and sonoma counties. The death toll is now up to 23. 285 people are still unaccounted for this morning. james this is kron news. The video you are seeing is the Mobile Home Park. That and many other neighborhoods were destroyed. So far the count is 3500 homes and businesses destroyed in these fires. In all of Northern California. 170,000 acres have burned. Napa is under threat. This is a look at the new evacuation area. It is voluntary right now. This is newly instituted. Is a voluntary evacuation at this point. The perimeter is the fire. That is the area in red. This advisory extends to the south down along highway 12 and east out to sola
Where the hutch was. She got very emotional as she was looking for the familys silverware. But then she got determined as she noticed the melted metal from the rims of her car and talked about how she can maybe make a frame out of that. Or shes going to put pictures before and after of the home here. So people here really showing that they are sonoma strong. Its hard to imagine finding anything left in the ruins of santa rosas coffey neighborhood. Everyone has that one thing they hope to find. Today was their day to try. Rene hernandez knew exactly where her husband left his wedding ring, on the bathroom counter. It our wedding rings, we left them in the bathroom. Reporter today she found what was left of it. The hernandezes havent been back to the ruins of their home since monday. A Police Barricade has kept everyone out. Being on the outside has just added to their stress. Every day we come from napa an hour to see if we can get in. Reporter authorities lifted the Evacuation Order to
Headlights. It looked a little cloudy. From time to time i think that would be smoke drifting through the area. Not visible right now. Morning haze around san jose and parts of the south bay. Temperatures cooling, cool march into the 60s ap 70s. Only the warmest spots around the south bay and trivalley locations. Speaking of the loma fire, we have temperatures at 65 degrees and 2500 feet. Humidity levels are up. You can see all the green in the hills, thats higher humidity levels. Friday things begin to dry out as winds which have been light, contributing to the smoke in the south bay, the wind speeds will pick up tomorrow. It might be good news for air quality, but it could allow the prior to try to make a run to the south heading into friday afternoon. Definitely something firefighters are considering. Still developing at this hour, flames inching closer to homes. Firefighters are finally starting to make some progress. Today in the bays bob redell continues to track the latest for u