The bay area, San Francisco Oakland Livermore Half Moon Bay petaluma all looking at winds gusting regularly into a 30 mile per hour range well even windier than that right now in danville conquered Vacaville Fairfield and sonoma are areas into that 40 mile per hour range this morning by 10 15am not much of a difference still very windy. So this is something thats going to impact all of our morning commute watch out for breeze on roadways like branches and garbage thats just blown around and been pushed on roadways during overnight hours by 05 00pm tonight your evening commute will be a bit calmer and into tomorrow, even calmer conditions just yet so we are looking at this wind events winding down over the next 24 hours. But certainly remaining very windy through the morning red flag warnings and wind advisories both remain in effect until 11 00am this morning. As winds continue to gust regularly as high as 50 Miles Per Hour doesnt matter whether youre at the coast or further inland. We
We have Team Coverage on the fire danger and the power shut off tonight. Well start with kron fours dan thorn, hes live for us now in berkeley with more on the warning thats gone up for people to evacuate. Thats right just seen the high fire danger and the potential power shut offs here in berkeley. Our focus primarily on the area east of claremont and also on panorama kill but people all across the greater east bay are also getting themselves prepared in case they to lose power. As extreme fire danger threatens areas across the east bay, including the Berkeley Hills residents are getting prepared. We have go backs. People turned out bags with maybe theyre important couple important and you need extra classes, you met him over there for mary and fred been remembers the 1991 firestorm and hopes sundays wind event doesnt get out of control city officials are asking people to consider evacuating from the hills preemptively warning of potential wild fires and blocked roads we want folks to
Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track
Growth rate and job creation, now if you put the fed statement and higher jobless claims together, thats whats pushing stock prices down this morning. Look at it. The dow is off about 100, s p 60, nasdaq about 31, more on that in a second. All right, did you watch night 3 of the Democrats Convention . It was hate trump night. Speaker after speaker layed into the president in personal terms. He gets the blame for everything. Seems to me like the democrats have not gotten over their loss 4 years ago. The president was live tweeting all the way through. We will show you both sides of this, of course, but seems to me like all of the democrats have is hate trump. Varney company is about to begin. Stuart look at the red ink on the markets, first of all, down across the board but not that much. Lets get right at it. Larry kudlow, director of Economic Council at the white house. Larry, negatives this morning. More than 1. 1 million jobless claims, the fed says the virus is hurting growth, back
Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more. A bold call on energy, we will speak with a strategist who says now is the time to buy the sector continues to lag far behind the Broader Market, despite todays pop. Lets get straight to this resilient market, the s p 500 looking to close out its 7th straight day of gains, the dow turning positive for the year. Mike san tolly tracking all that action resilient, relentless, persistent, this uptrend, the s p 500 clicks the 3500. So essentially bumping up against that thats your High Water Mark i