Fire. But first lets take a look at the weather, and we have gray skies and we will have sunshine later on today, and we take a live look outside, under marine layer has made his weight inland we temperatures in the upper 50s and low 60s, mostly cloudy and topping out in the 60s, and sunny and warm inland with temperatures in the mid 80s. Definitely on the cool side of the average for this time of year, and air quality is not too bad, moderate and it could be worth considering all of the fires burning. More on your full forecast coming up. Your top stories, five teenagers crashing a car during a highspeed chase in san jose. The man said that the teenagers stole his car from his home and he jumped in another car and chased them down, and the teenagers were traveling at a high speed and lost control and hit another driver. Any idea high everybody in the car is . Honestly, i dont care. The driver into a car was not injured, and all five teenagers are minor summer taken to the hospital and
Newsroom. Abigail it is great to be here on this selloff day. We have the three major averages sharply lower. That dow and s p 500 near special lows, the third day of declines. On pace for weekly declines, breaking the complacency for the u. S. Equity averages. Over the last few months, the s p was on day 43 of not making a 1 move. That has been broken. There are technical reasons the downside could continue. , thisk in the bloomberg is a twoyear chart of the s p 500. It is traded in a range. The orange oval is the range of complacency. That thisreasons could break toward the downside or to the bottom of the range. There could be more to come where todays risk off. One reason for the risk off oil confirming the risk off tone with oil down 2 on the session, paring gains. Investors seem to be reconsidering the plunge in stockpiles reported earlier, saying it is a oneoff due to a storm. The majors down, including chevron and show. The s p 500 energy index on pace for the worst decline sin
The head of the nra from colorado, thank you, ive got a book ive got to read. At least you have a legitimate, kindly way to say, dont bother me. You can watch this and other programs online at booktv. Org. [inaudible conversations] good afternoon, ladies and gentlemen, my name is heidi young, and im the director of Corporate Partnerships here at World Affairs. It is my pleasure to welcome you all here today. This program is part of the Global Business forum which is an initiative of World Affairs that focuses on topics at the nexus of commerce, technology, policy and society. We will be exploring topics along the lines of financial inclusion, future of medicine and the future of transportation in the fall, so i hope you will join us more those program for those programs as well. Today to learn more about the Global Business forum, please see us at worldaffairs. Org. Were pleased to have with us rana foroohar, author of the new book, makers and takers the rise of finance and the fall of
Travellers, withdrew nighted technologies and verizon among many other major companies. As for the economy, one important report of note. September Housing Starts and Building Permits out at 8 30 eastern time. Okay. We have a couple of stories were watching this morning. Apple ceo tim cook making a couple of headlines at a Big Technology conference in california. The tech giants new Music Streaming Service has reached more than 6. 5 million paid users. Another 8. 5 million are participating on the free trial. Are you still free trial. I dont know. I dont know if its been three months or not. Maybe not. My son downloaded 59 songs and three albums. And its good. Its alternative but its good. I got all new stuff to listen to. My music life is good. Changed. Its good. Its more robust. Thats for sure. But millennials like spotify. Thats what i hear. Im still on spotify. But youre a millennial wannabe. I just got there first. Cook suggested orders for a fourth generation apple tv would be ne
If congress does move on relaxing the u. S. Ban on exports of crude oil. Ill keep an eye on that story which the white house says they still prefer their administration to address. We take you live to the nymex for the latest shortly. And fitbit soaring again today on nufz a corporate account with target. We debate whether this stock is more than a fad bill. They order 335,000 fitbits theyre going to hand out to all target employees. Thats a lot. Plus mad money meets closing bell. Jim cramers going to join us today. Hell be live from the dream force conference out there in San Francisco. Hes with the ceo of Western Union coming up shortly here. But in the meantime lets get to the story of the day. Jackie deangelis joins us now from the nymex with this big rally on oil today. Jackie . Reporter good afternoon, guys. Thats right. A near 6 jump in oil prices today. We havent seen a move like this since august 31st. That was one of the days we popped 8. 8 . So these wild swings continue whe