Typically this is the time you would see investors plow back into their equity safe havens like tech names. The sectors outperforming our the two that have been hit the hardest so far this year, financials and energy. Financial still off 24 . Energy down 30 year to date. Well asbank index doing regulators rollback some of the rules put in place after the great financial crisis. Banks will no longer have to set aside money when trading derivatives with their affiliates. That frees up capital, and that is always a good thing for banks. Regulators are modifying the volcker rule to allow banks to increase investments in funds. Do not watch not forget to watch for the fed releasing stress test results. Watch apple and disney, apples closing other seven stores in houston after closing 11 last week because of increased virus counts across different states. Disney delaying the opening of disneyland in anaheim indefinitely. It is not the cake and get approval from state officials in time for th
business correspondent ashley webster live in spring hills, florida. and ashley, it is the calm before the storm where you are in spring hill right now. it is indeed. good morning, steve. it s a very mild, pleasant morning. but that s going to change quickly over the course of the next 48 hours. i m in front of a gas station here in spring hill. we are about 50 miles north of tampa. everything looks fine, right? not so much. this gas station ran out of gas about 4:00 yesterday afternoon. you can see the sign no gasoline of any grade, including non-ethanol. in fact we were noticing the last person to use this particular pump managed to squeeze out 18 cents. but it s not just the gas that s a problem and the shorts damage as we see people driving around early this morning looking for a pump that actually has gas. but the supplies are starting to go down. batteries, flashlights and water in particular. it s hard to find right now. you can t find a isca of water anywhere. i wan
Big travel day as well. So, were not really anticipating travel delays even though right now theres some Winter Weather across interior portions of the northeast. As you move down to the south we are dry but you see that slug of moisture out across the mid Mississippi Valley and the southeast. That heads our way as we get into the start of our Holiday Weekend. In fact, future tracker6 showing tha y across areas in the ohio valley, back through memphis and dallas, that heads our way as we go throughout the rest of overnight hours and even early tomorrow morning you can see the rain across much of the delaware and Lehigh Valleys as youre waking up. As far as what we can expect on and off rain on the way tomorrow. Turning colder in the wake of that front that moves through saturday night, so Christmas Eve night, its much colder and thats going to set us up for some wet snow for some as we get into Christmas Morning. Well take a closer look at that and what we can expect for Christmas Day.
Kentucky. What that will do is track to our south. Typically in a pattern like that most of the moisture would miss us but theres an upper level feature that would help draw in that moisture and that means clouds and showers for the fourth of july. Future tracker showing by 9 oclock in the morning you could actually have some heavy rain generally west of philadelphia. It will be reaching the coast early in the afternoon. The good news is, though, things will be clearing out in time for the fireworks as far as the rain. This is what to expect tomorrow. Cloudy and cool for july with temperatures in philadelphia only in the 70s. Scattered showers and perhaps even a period of steady rain if those two low pressures can really interact and pull up a lot of moisture. However, for the evening we will be drying out and sunday is looking spectacular. Ill have all the details including the shore and the poconos coming up in the full okay weather forecast. Rick. All right, cecily well check back i
Santa rosa and through the sonoma and napa valleys. The latest map shows how the string of fires we had sunday and monday are beginning to merge into one fire. Team coverage tonight. Jenna is and napa. Bill martin is tracking the 1. The wind. The Bennett Valley area tonight. Reporter Bennett Ridge with sits between here and Sonoma Valley already lost dozens of homes early on. No one can promise that wont happen again. The tide doesnt seem to be turning the right way. The hills over kenwood east of santa rosa the nuns fire. Date 3. One of 22 fires burning in the region. Named for nuns canyon road where it started. This one destroyed dozens of homes in glen ellen and it is still spreading. And merging with smaller fires. What that ends up doing is make a half circle around the town of sonoma. Reporter cal fire taking no chances on the sonoma end of the fire and clearing residents from aqua kelly and take. A small town next in line. Aqua kelly and say. Moon mountain is already full of fir