In. The action begins right now. Lets get right to it. Another record setting week for stocks but a potential warning sign has appeared in the market as stocks hits all time highs treasury yields have been sitting year to date lows. Whats behind stocks and bonds rallying together and what does it mean for the market. Lets go to the money right now. Well, obviously u. S. Equities are some of the strongest around the globe here. Theyve kept that bid. Theyve broken out to new alltime highs. The fact that bonds are rallying right now says something differently. When you take a look at the performance of the s p some of the best performing sectors are all intensive. Health care, Consumer Staples this year, it doesnt exactly speak to some sort of refellation trade and that is something thats due to be bond proxies also. So just because the s p has made 19 or 20 new highs this year doesnt exactly speak to a particularly healthy thing especially when you kind of overlay the fact that you know,
Pittsburgh over night. Crews were called to tackle the three alarm blaze on north street before 11 00 last night. I was watching tv. I heard the crackling of the fire. I looked out my window and saw the red flaming up. To make things worse, power lines came down during the fire slowing down the crews progress. Any time you have live wires down, the possibilities of explosions could be fireworks, propane tanks. You hear things exploding, you will back out for the safety of the crew. Dry trees on the property hemmed fire spread quickly. Because it was so hot firefighters had to take turns going in and out. No one was hurt. Cal fire issued a red flag fire alert. That means fires can easily ignite in certain dry areas. Firefighters across california have been busy with soaring temperatures fueling massive wildfires including the whitier near Santa Barbara where 1600 firefighters are battling the 17,000acre blaze thats already destroyed eight homes. Firefighters in the bay area are taking n
Friends. He is a good man and made a mistake. Simpson is now 70 years old and his age and perfect record as a prisoner all played into his role as a prisoner. I was always a good guy but i could have been a better christian and my commitment to change is to be a better christian. Many letters coming in asking them factor in the murder of his exwife nicole brown. He plans to move to florida when released from this prison and the soonest that can happen is october 1st. Action news is gathering reaction from the community. I think that if he did his time he should just get out like anybody else. And as long as he obeys the law i think he say terrible person that got away with something he shouldnt have been i think he deserves to rot. Forever. I dont think he should have been sprung. Action news will continue to follow the breaking storey throughout the evening and we have live reports and reaction. As it comes in well pass it along and dont forget to stick around for world news with davi
Unseasonably warm to hot weather in our inland areas. We all pretty much agree its been a hot summer away from the bay. Today the triple digits will continue in the yellow highlighted areas. So its not all nine counties here in the bay area. Its pretty much away from the water and we have had no recovering overnight. Very little. Its still near 80 degrees at the top of mount diablo after realizing a High Temperature yesterday, 106 at the base of mount diablo. Heres sunrise right now over mount vaca. Boy, haze in the air, but it is not a spare the air day. Temperaturewise, anywhere from the 50s to the 60s after realizing 101 in livermore on tuesday. Its now 69 degrees. Going up to a High Temperature there today again, 101, 102, hottest locations will top off at 104 degrees towards the delta. Full forecast is coming up at 18 minutes after the hour. But right now, lets send it on over to michelle. This intense heat wave is forcing many in the bay area to find somewhere to cool off. And on
Milder this morning with limited visibility and fog in parts of the valley including santa rosa dropping down to. 75 mile with fog through the central valley. Today, we have temperatures milder, so, upper 30s inland and around the bay and the coast it is in the 40s and partly cloudy and close do normal near yesterdays normal before we see increasing clouds and changing tomorrow. Still very quiet with a lost folks off for the holiday and more so today. Here is northbound 101 at 880 in the south by, so it could be filling in, beoverall we are counting cars today. Drive times are in the green all we around at 16 minutes westbound 80 highway four to the maze and eight americans across the bay bridge and at the airport tell take you 10 minutes on southbound 101. Next traffic update in 10 minutes. Breaking news on the growing continuations between United States and russia after president obama ordered 35 Russian Diplomats to leave the country. Jessica is tracking new reaction from Vladimir P