In the terms of fresh firefighters, theyre stretched thin, but they are making a lot of progress 17 can tame and thats up from 13 and good news to pass along they hope to make significant inroads in the fire over the next several days because the conditions look really good meaning winds are down humidity is up and that means they can launch their aircraft once again which yesterday they did for the First Time Since the fire started more than a week ago and they were able to drop 200,000 gallons of water down to the flames. They hope to do as much if not more today unfortunately because the fires are still burning in a lot of times theyre in rugged hard to reach areas that the new number to pass along this morning. 330. Thats the number of structures are homes destroyed thats up from around 280 yesterday so the fire has been destructive although not as deadly. No fatalities in the overnight hours, no major injuries as far as evacuations people. 77,000 people have been told to evacuate
Charlie breaks it for us this hour. Plus, could the tiktok saga be distracting from an even bigger china stock drama . In a countdown exclusive, one of the markets best known and feared short sellers, Citron Research founder andrew left reveals the stock he says is the biggest fraud right now in that country and whether shopify will really add stamp. Com to its cart bus he plus the names hes long on today. The ceo of the second largest gold miner in the world is here. And blitzing covid19 fears. The former nfler whose wildly popular masks he was making way before the pandemic, now has the cdc saying touchdown. Your masks score. By the way, we have some breaking news on a report that the big ten has now canceled its football season. We will ask our nfler about that. He played for the s. E. C. Plus, buffett goes big on berkshire and the latest from chicago where looters are targeting the miracle mile. Lets start the claman countdown. Liz and yes, we need to take you to chicago right now.
Start of trading but nasdaq another record high uncharted territory there. But nasdaq now at 11,046 up 95 points and dow industrials up 164 and s p up 22. This on top of the rally in tech stocks helping to push nasdaq to yet another record close. Thes dow s p 500 also finishing the green, monday. Yesterday, as you can see the nasdaq up sharply two and a half percent on the sessions. The s p 500 is now positive for the year. Unrest in america violence is surging this morning across the country. President trump is warning that he will send federal agents to more cities to bring back law and order. At 8 30 a. M. Eastern Border Control commissioner mark morgan is here with more on rising crime and role federal agents can play to bring safety and security back to American Cities. And the china keeps up on pressure keeps up on china mike pompeo meeting with Boris Johnson today trying to get the u. K. To take a firmer stance on china. Meeting coming week after london banned Huawei Technology
Ah but have a look at tesla. It made a profit. Its opening a factory in texas. It hopes to sell a half million vehicles this year and the stock is up again this morning. Elon musk now leads, im going to say he leads the technology economy. The stocks up 64 bucks now. Microsoft down. Whys that . Im told its because their Cloud Business only grew 47 . First time the growth rates been below 50 . Well, sell that thing. The stocks down nearly four bucks. Theri cnhe tin in po rt landrtla oregonor a44th offf inriing. Th ayor or jtl jedostl bedy b b pst at th supporsupp the anarc ahinast anast anaaken ne inne t ihen theheneworkork ity i nows theshehe wororst pl ac businebuness retairsrsrsrsrs sarsy. Now, tnohaw,tw,w,s a is. Th e new cold war, china and andhe s. A a fitivs researcher linked to chinas military is reportedly holed up in the chinese consulate in San Francisco. The president s considering closing that consulate just like the one in houston. And now look whats lapping on happening o
Or the rest of the world. With Earnings Seasons coming up and a few key Economic Data points later this month, how confident are you in the economic recovery . Great setink we had a of economic figures really since midmay through june when the reopening story was gaining the most momentum. Reports,o great jobs pmi, sales, housing data, all to the upside. Economic price indices we follow are in the u. S. Now at alltime highs. That being said, i think we may have a time of slowing in perhaps in the weeks ahead as Economic Data plays catchup with what we are seeing in the country with a slower reopening broadly. So the job state of this past month captured the time from midmay to midjune. The next jobs report will capture midjune to mid july, when we started seeing thoses likes and those spikes and a pause in the reopening. As you mentioned, we also had earnings starting in earnest next week july 15. From an earnings perspective for two to we are seeing downward for q2, we are seeing a do