Power shutoffs. Well have those details and more coming up in just a few moments, but first we want to bring in meteorologist Mabrisa Rodriguez with more on the fire weather watch. And the impact it will have later on this week risa either jonathan and just seeing and it will primarily impact our north bay mountains specifically those of you in napa county. Could see gusts upwards of 40 Miles Per Hour less starting monday night for wednesday morning dropping relative humidity into the teens as low as 12 at times the same for the northeastern mountains were those of you in Sonoma County so. We are tracking this fire weather watch because it does go into Effect Tomorrow night were getting a little bit of a break from Mother Nature though, thanks to that cool sea breeze noticing some marine layer along the coast and thats really going to help with moisture content even for inland valleys as well for your monday because that cool sea breeze finally going to extend to our inland spots and t
The ballot. Health care is on the ballot. The economy is on the ballot race and ability to tell them in a country where we can be. Open in all included is on the ballot from propositions local and state races and of course the president of the United States President Trump for 4 more years or democratic nominee joe biden turned voters dropped off their ballots at the bill graham Civic Auditorium on grove street in San Francisco sunday afternoon, but just wanted to make sure we took any variable out im grateful that there are volunteers that help i mean normally in the past have been a little more comfortable with mailing bed. I decided to drop it off this time around to the a 100 sure of the vote was going to be properly counted before you can cast your ballot you need to register to vote in california and time is almost up. That deadline monday october 19th the quickest way right now is online you have to be a u. S. Citizen. A california resident in at least 18 years old you can prere
Gap, all falling very hard as you can see there. Well go shopping for opportunity in that Retail Sector later on, buy gold now thats the message from one top wall street firm we will debate if there is any shine left in that big trade we start first with breaking news out of disney the stock is moving lower in the after hours session as the Company Announces some very, very major job cuts. Lets get to our own Julia Boorstin with the details. These are tens of thousands. Thats right. Disney is laying off 28,000 domestic employees, hourly, sal rye e aried and executive roles. In light of the prolonged impact of covid19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic exacerbated in california by the states unwillingness to lift restrictions that would allow disneyland to reopen, we have made the difficult decision to begin the process of reducing our workforce at our parks, experiences
Monetary policy but says more can be done. A year after listing in hong kong, a Logistics Company discusses real estate, fund management, and the impact of covid19. We speak with the chairman later this hour. Haidi breaking news crossing the bloomberg when it comes to the pmi indicators out of australia. For augustumber still in contractionary territory at 49, better than the previous reading of 48. 1. The pmi composite number, a little bit of an uptick but still in contraction territory. It will be a while before we see a meaningful recovery given we are hearing in domestic media that the state for restriction law down in victoria, melbourne, and surrounding areas could be extended by another two weeks as we continue to get these numbers out of victoria. We have seen a jump about 100 new virus cases for the first time in three days. Another exuberant session for the u. S. Tech underperformed. The s p jumping the most in almost two months to another alltime high but interestingly, the
Conferences canceling the season, and what that could mean for the betting world. I know you are a big ambler. Gambler. Ann if im gambling, im gambling on robinhood. Im not going to give away any of my freebies. I was just looking, as you were talking about the market you mentioned small caps were one of the big up performers. 5 ord small caps are off 6 yeartodate. The s p is up 3 , 4 , 5 . Value is down 12 . It is up 18 yeartodate. These are yesterdays numbers. I have not calculated the numbers today. You are starting to see some of that divergence again, not only in the companies, but in the value and growth rotation we continue to talk about. Romaine lets bring back ann over at wells fargo asset management. When we talk about the market, a lot of people look to the feds support, not only in terms of some of these special policies it hasnt amended because of the pandemic, but also the rate cuts , which has kept the nominal rate low. And that real yield well below zero. About 100 basi