Alltime high of 70plus thousand on a sevenday average. Steve weiss, turn to you dow down 10 from its high no, we dont have control of the virus. We dont have stimulus were not rounding the corner. We are, as dr. Scott gottlieb said on squawk entering the most difficult phase of the pandemic we have yields lower s ps down for three Straight Days what do we do with this today, steve . Well, ive taken off a number of positions ive added some shorts, added some puts to protect stocks for earnings theyve done a little bit, but ineffective when you look at the carnage thats out there in stocks like u. P. S. And microsoft, which both had good quarters im very cautious on the markets. Were through earnings earnings hasnt been a lift. Even though its a good earnings quarter, put it in perspective its still down 16 year over year so, markets are way overvalued corona is a big issue. I dont see returning to march lows because i checked the number of cases in china and south korea and the philippi
Day. Pete, i come to you. Jpmorgan the quarter was good Loan Loss Provisions were surprisingly good. The commentary today is a surprising show of coronavirus resilience thats what i just read. Why is the stock down . You know, initially it had a nice pop to the up side, scott i think people step back and say the financials, we need to hear a lot more about what theyre going to be able to do at some point in time thats outside of the trading spot because thats another area the Loan Loss Provisions, you just brought that up but how about the trading numbers . The trading numbers are outrageous for them and for citi that is an area we expected to be strong. It was Even Stronger than expected but theres more to the bank than that. I think thats what were going to be struggling with for a while with these financials. And when you look across just about every name, scott, other than Something Like a black rock, asset manager. When you look at the banks and the financial world there, they jus
President trump and his rival ss and the economy, but at times their exchanges turned testy and contentious. A cbs news count estimates the president interrupted biden more than 70 times last night. After it was over, our cbs Battleground Tracker poll found that 48 of viewers felt biden won the debate compared to mr. Trumps 41 . 10 say it was a tie. Laura podesta is in cleveland. Laura, what were some of the big takeaways from the debate . Reporter good morning. Recent polls say that most people, the vast majority of viewers of last nights debate, already had their minds made up as far as who theyre going to for on november 3rd. Athincaus candidates talked over each other so much, at times it was difficult to hear them answer the moderators questions. There was little order throughout much of the first president ial debate. The Supreme Court will you shut up, man who is on your list, joe . Whos on your list . Gentlemen, i think weve ended this packed no reporter President Trump and for
Sales force tower camera on a warm night across the bay area. Im juliette goodrich. Brian has the night off. Lets get to meteorologist darren peck on how long this heat is going to stick around. Were not going the 90s anymore tomorrow. This was the third day in a row. But it was 93 today in San Francisco. The only other time we have been this warm this late in the year was just one degree warmer. It was in 2003. And that was when on october 27th , it was 94. That is the warmest it has ever been this late in the year. We came pretty darn close to tying that mark. We didnt do it. Now we are not going to get there. Let me show you how things will change the next few days. San jose the orange number, San Francisco, the yellow number t. Daytime highs for both cities was almost identical. 95 in san jose, 93 in San Francisco. The way these numbers will change over the next five days as is so often the case will be very different. Watch what happens for san jose. We will get you back down to t
We look to tomorrow. The heat will be back. And also our high fire danger. I want to get you updated on Current Conditions and what firefighters are looking at for m for the glass fire. Temperatures cooler compared to yesterday morning. Mid 50s to mid 60s and humidity 33 to 59 . And northwesterly winds that are light. But as we look to tomorrow, the winds are going to be picking up. And also lower relative humidity values. So a big concern as we head into tomorrow. In the meantime, looking at air quality, good to moderate this morning. Although closer to the glass fire, calistoga, st. Helena, looking at unhealthy air quality this morning. So a spare the air alert that remains in effect for today with those hazy skies. Temperatures mid 70s this afternoon in San Francisco and mid 80s in oakland and upper 80s for san jose and upper 90s for concord. Well talk about the heat advisory and fire weather watch for tomorrow coming up in just a few minutes but now lets check in with gianna for a