Response. An aerial view of Riverside County shows the spread of the apple fire. Flames ripped through the land. An urgent request for extra resources came in at 2 30 sunday morning. The strike team responded. It is an indication that there is an immediate threat to life property. Reporter so far, one home in two outbuildings have been destroyed. Theyre joined by teams from three other counties. Requests for help came in early to get the fire under control as soon as possible. We have seen record five, fire behavior but fire size. Those incidents can dragon for two or three months depending on conditions. We are trying to avoid that. With thousands evacuate her from their homes, the hope is to not have the apple fire truck out for months. We are trying to minimize the amount of time the personnel have to be in these large camps and working in close quarters because of the realities of covid19. We have new information on the fire burning in northern california. It started late yesterday
Of us that this transmission can be substantially mitigated by wearing face coverings, by wearing face masks. This slide we present is pretty selfevidence. I think the evidence is overwhelming. We see it in other countries as it relates to the importance and potency of wearing face coverings to mitigate the spread of this disease. A recommendation is now the cdc clarifying that point of view, and clearly now an increasing number of people that are i taking personal responsibility to protect themselves and protect others and i want to thank all of you for practicing the kind of behavior that will allow us to move past this pandemic sooner than we otherwise would. Going outdoors and taking activities, specifically, that have been indoors and now moving them outdoors. Obviously, also, to the extent air flow is a big part of that can mitigate the spread of the virus as well. That is why we talk often not just about masks, but the importance of moving indoor activities outdoors. Accordingly
Few smiles and the magic kingdom. Disney suffers a coronavirus hit with seem parks shot, movie theaters closed, and sports on hold. Shery a quick check of the market. This after u. S. Stocks gained ground for a second day in the regular session. We have sentiment being boosted as more economies move towards easing lockdowns. Still, in the last hour of trading, there were some cautionary comments on said officials that cut gains in half. New zealand stock scanning. 8 . This would be a Third Session of gains. Therir rate. Rate. Ir we have the rba leave rates unchanged. We are looking forward to retail Sales Numbers very soon and we will see how all of that toilet paper hoarding that we saw in march is reflected in the numbers. Not Much Movement for the japanese at the moment. Tosident trump continues push the theory that the coronavirus originated and escaped from a lab inside wuhan but sources within the u. S. Intelligence Community Say the intelligence is less than definitive. That as
Discussing just that, an early return to work. 9 40 eastern time today on this program. There is outrage at Speaker Pelosi loading up the stimulus package with a host of items unrelated to supporting workers and industries. For example, canceling post office debt, the return of obama phones, same day voter registration, 35 million for the Kennedy Center for performing arts. What has all that got to do with getting money to people who have just lost their jobs, millions of workers thrown out of a job. However, treasury secretary mnuchin and senator schumer did meet last night, and they suggested that a 2 trillion rescue package, stimulus package, is close. Well see. All this has given the market a shot in the arm. For much of the morning, we have been limit up for the dow jones average and at the opening bell, the dow will be up, what, 900 points, maybe more when the restrictions of the limits on trading are off. S p, nasdaq also up 4 , 5 . Clearly, investors like the 2 trillion rescue
S p breaching 3300 trump says the United States is in a great position for phase 2 trade talks with china retail sales rise in december, capping off a strong year for the u. S. Consumer. Joining us is anastacia am rosa great to see you today, so the second point is so thats whats lifting the market. As you we were talking about before the show, theres quite a few notes and and that is as likely to improve the business sentiment. The fact were still willing to engage with china despite, you know, the different agenda we may have on the tech space, i think thats actually quite positive thank you for being here anastacia. Will mike santoli has market dashboard. David faber is covering up unveiling of Nbc Universals streaming service, Peacock Morgan stanley soars, a very strong q4, let to about a 2 pop in the shares, but the new guidance they issued on the Earnings Call and the targets around that really drove shares higher q4 revenue what 10. 9 billion eps was 1. 30 per share it was a bro