We have new video coming in from the fires burning in the Santa Cruz Mountains. More than 20,000 people have been evacuated in that area. This is affecting a lot of peoples lives and you can see this video ththres cr homes. It has burned 25,000 acres so far in the hills of santa cruz and San Mateo County and at least 20 buildings. We saw a lion of a dozen fire trucks going to that area but cal fire is having trouble responding to all of these fires, as we have been talking about. They are spread very thinly, two First Responders have been injured in this firefight. Thsh d at structure you saw burning was a long empire great road. All of these are under evacuation orders. For the people in San Mateo County, this is the same big complex for them. Tey can go to Half Moon Bay high school. We will continue to watch the fire activity this morning as cal fire updates us on how much progress they may have been able to make overnight and in the meantime, the weather is a huge factor and mary le
Curfews have lifted in many cities but remain in new york as we go into another weekend of protests. A Record Number of National Guard troops have been deployed. The mayor of washington, d. C. , has asked President Trump to withdraw troops. For what it means i want to bring in abigail doolittle. Talk about the ups and the downs today. Abigail investors squarely focused on the jobs report that came in better than anybody expected. The estimate was for a loss of 7. 5 million jobs. Instead we had an ad of 2. 5 million, which is great news for folks in those new jobs and for the folks who did not lose their job. As for the stock market, of course we had this debate about whether stock should be up so much since the march lows. This Economic Data, you could make the case that stocks have been right. Who was such as myself questioning stock should be high against the real world is wrong although one month does not make a trend. Lets see if that continues. Some say there could be more waves a
With the dow gaining 6. 8 there has been some controversy about that too explain whats going on behind the numbers. In terms of how many jobs have been lost during the pandemic. Its fifth positive session. Its been up five sessions in a row. Its indicated higher and the 6th day of the week. That was up by 6. 8 . S p was up by 82 points. And then the nasdaq was up by 2 almost 200 points. The s p indicated up by 6. 5. And treasury yields and did see quite a bit of activity there too. The ten year yield picking up substantially last week and this morning its back at 0. 91 i cant remember the last time we had a ten year above 0. 8 let alone 0. 9. It could be a round number some day not that far 1 maybe cross your fingers. Oil too is almost 40. Oil looks like a bad break looks like it went down and it is such a quick one right back up and almost to the levels where it was almost prior to this the journal has the piece when the spiggots are opening here today. We have a huge show again today
Taking their claims of economic injustice straight to the financial district. They are marching past wall street and the famed bull statue. Just moments ago, we got video of this to ensure that their miss ja message is heard loudly and clearly. Here are live pictures of groups gathering at this hour in los angeles. St. Paul, minnesota. And right now, the protests do appear to be peaceful at the moment. That, of course, is the way many of the protests around the nation actually began yesterday before descending into chaos in cities from new york to louisville to washington, d. C. Macys Flagship Store in Herald Square among the businesses attacked by looters. Today, businesses are bracing for another night of unrest. Lands end ceo is here to tell us how hes protecting his retail outlets while juggling the Coronavirus Crisis over the past couple of months. Images of looters attacking rodeo drive, one of the worlds top luxury destinations, has Beverly Hills just one hour away from a citywi
Up about 11 points, now down 79. However, as the world inches closer and closer to reopening, the cruise industry may be more eager than any other. It is still weathering rough seas since the first covid19 cases showed up on its ships. In a fox business exclusive, Carnival Corporations Ceo Arnold Donald is here on how new bookings are coming in, when travel can restart, and how the cruise industry will forever be changed after it bids bon voyage to this awful pandemic. Dunkin brands hoping to get cooking once again as it reports a major sales dip. Ceo dave hoffman joins us live on why dunkin might bounce back more quickly than other food and coffee chains. And we are about to find out how amazon and apple performed in the middle of the coronavirus as we head into earnings after the bell. We are going to ask Consumer Technology associations ceo gary shapiro what lies ahead for tech titans. Plus, we have former barclays ceo bob diamond here to react to private equity getting cut out of t