Is going to increase that fire behavior to levels we saw when the fire initially began. Lets pull up the map of the areas affected by the kincade fire. The red portion at the top of the screen is where the fire is burning. The purple area shows where there are mandatory evacuation orders in place. The blue area indicates places where people were told they can now return to their homes. However, they have been told there is still and evacuation warning in effect, and they should be ready to evacuate again quickly if necessary. 30,000 people in western Sonoma County are back at home this morning. They went back after getting the allclear to do it. Allie rasmus is at the fairgrounds with fewer people today. Reporter yes, overall the kincade fire has led to an unprecedented number of evacuations, as we know, about 250,000 people across northern california. Here at the Sonoma County fairgrounds, this is one of 16 shelters according to the red cross thats open and serving evacuees of the kin
Im Tom Mackenzie in london. These are stories that set the agenda. The bank of japan hikes Interest Rates for the First Time Since 2007 and scraps yield curve control. The yen falls through 150 versus the dollar. Traders cut fed bets as fomc members gather. U. S. Two year fiveyear yields climb to the highest levels this year. Plus, nvidia unveils the successor to its old ai processor. But markets deliver a muted response to the highly anticipated speech. This is hopper. Hopper changed the world. This is blackwell. Tom a new era for the japanese economy. The first hike since 2007, ending of yield curve control, and an ending of etf thats in buying. We have Stephen Engle on the ground in tokyo for all the details and we will cross over momentarily. Lets check in on the markets as we set you up throughout the trading day. The fed starts its own policy meeting with that decision on wednesday and a focus on the dot plots, the focus from the fed officials. European futures up. When it comes
Seesaw this morning and now here session highs. Still in the red but for the dow, it had been in positive territory for a brief and hot second there. 53 to 47 shows favor the brexit. That reflected in the Dow Jones Industrial average. We can see popping into the green and going above the flat line for an hour or so, just under the flat line. We did see the dow down as much as 168 points. I want to show you whats happening with the s ps 10 sectors. Negative territory with Energy Leading the declines. Up the most,tions utilities had been the biggest leader. Usually as it stands with lower Interest Rates, that does help utilities because of their load. Lets look at what is happening with oil with Energy Falling as the biggest sector laggard. This is its lowest in a month, now six days down and on pace for its longest losing streak since february. The fear is Global Growth is slowing down everywhere. We did hear janet yellen saying 2016 growth for 2016 is supposed to be 2. 2 and taking a l
We are up around the highs of the session, with the nasdaq leading the gains today. Energylook at the imac, taking over the top spot. Care, thelth pfizerallergan deal being canceled, both of those stocks were up and we are seeing Ripple Effect speculation about where we could see further consolidation in the health care industries. Discretionary and tech stocks are trading higher as well. This is the energy portion of the equation. Weeks inventory reports showing an unexpected draw down in inventories accrued four point 9 million barrels. We are seeing refineries process crude at the fastest pace in three months. Usually theres a delayed effect. Thats what we saw once again with the leg upward in crude and then initially gaining steam as he away from the inventories report. We talked about the correlation between oil and stocks generally. This looks at Energy Stocks specifically. Lowest pointts since 2003. It dragged Energy Stocks in the blue with it. This is global Energy Stocks, not
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