Industrial average was up 6 . A typical year on average is that the market is up 8 or 10 for the entire year. Reporter investors have been making money, and those that are overly concerned about mondays drop should consider that on black monday in 1987, the dow jones lost 22 1 2 of its value. In october, it shed 18 of its value. We have a buying opportunity and stocks are on sale. Reporter mcbride said that it does not mean that Certain Companies are not a safe investment. Last quarter, the fourth 1 45 thousand 17, apples revenues were 88 billion. This is a company that is making almost 1 billion everyday. It is incredible. Reporter the volunteer to the volatility volatility also affects peoples retirement plans, but there is no need to be overly concerned. If you panic and sell when the market drops, and sit on the sideline until there is a big recovery, and any people did this back in 2008 and 2009. They waited a couple of years to get back in, and they are much worse off for doing so. And one of the concerns Going Forward is inflation. For the first time in 10 years, workers are making more money. But analysts are worried that with all of that money being flushed into the economy that it may lead to inflation. If that happens, the Federal Reserve could raise the Interest Rate faster than plan. From trump, who has often touted the stock market did not mention the markets freefall. While markets fluctuate, the fundamentals of this economy a very strong and are headed in the right direction, for the middle class in particular. Join us on set we have the Morgan Stanley advisor. The economy has been humming along, but in the last week or so, it has lost 1 trillion in valuation. So what happened . To use a super bowl analogy, we had a concussion today, and now we are going through concussion protocol. In 2018, we are 5 up, so something has to happen. There has to be a correction near in here. The market is based on two things, fear and greed. We are fearful that the open Market Committee may raise the Interest Rate that they charge banks. We afraid that they might do it too fast, and that can cool the market down. If we go back to our fundamentals, the market will rocco. So you are not calling this a full correction . If you take today and friday, that is about seven and half . I defined a correction is 10 or more. When you have Something Like this happen, the message is to just chill. We only like good news, and we dont like that ittybitty bad news. This is really a small piece of all of the good news that we have had. We have enjoyed the 401 k in the growth, and you have to give a little bit back. Of the people that are invested in stocks, you are telling them to hold, stay put, and dont panic. Yes. But this is a teaching moment. If you are all invested in the u. S. , did you took a little bit bigger hit than if you are invested in europe or Something Like that also. The returned for bonds is up, will people be going out of the stock market . We have seen a big flight to equities from bonds. I would not say it is a great play, but it is part of our folio. You know you are going to get 2 or 3 . Really quickly before we let you go. With so much volatility like today, what you think will happen tomorrow . I think we are going through the correction. So it will start to build itself back, but it would take a couple of days. This was a severe drop. It is going to take a little while to correct it. Shares in wells fargo for more than 9 today. They were hit with sanctions by the Federal Reserve last friday. The fed say they will restrict the banks assets until they can show improvement of their internal control. Wells fargo was also downgraded. There was for Board Members that were ousted. The sanctions are in response to the opening of unauthorized consumer accounts. Newly released documents show that universe account university of california berkeley spent millions of dollars during controversial speeches by rightwing activists. Almost 3 Million Dollars was spent at a speech in september. The overall cost provided by the university does not include security cost from that previous february when another scheduled appearance erupted in violence. It does include bringing in outside police forces. Lawmakers have approved whistleblower protections for staffers of capitol hill. It will protect employees that report legal or ethical violations to the capital, including sexual harassment. Melendez has been trying every year since 2014 to pass the measure and she said the me too movement has helped provide momentum to get the bill passed a. There is no more work that can be done without this protection in place. We will never know what the problem is if people are too afraid to come and talk. The bill passed on an vote of 740. The city of alameda wants to add cameras that will read license plates in a push to fight crimes. It will be installed at eight locations around alameda. Our reporter henry lee is in our newsroom now with the controversy behind the plan. Reporter Alameda Police want to track every single car coming in and out of the alley, but privacy advocate says that smacks of big brother. Reporter this is a car that has license plate reading cameras, but this car and three other cars like it or not being used all the time. So now the police want to add 13 of the cameras on poles. Instead of them looking for the needle in the haystack, this system says the needle just came over the bridge and the needle was just photographed at the street are intersection two minutes ago. Reporter by automatically capturing the license plate of all the cars that they see, police can be flagged to see if a vehicle is stolen. It just automates a very tedious random luck of the draw Lottery Ticket find by a patrol officer. Reporter police want to add cameras at several spots on Bay Farm Island near the oakland airport. In piedmont, license plate readers were installed in police cars in 2013, and since then, property crime has dropped by 40 . We have a responsibility to Leverage Technology to keep our citizens safe. Reporter the cameras do not take pictures of drivers or store any personal information. It is not tell me the gender, race, religious background, or immigration status. Reporter police say the data is only stored for six months and will not be shared with immigration officials. I have no interest at all in providing him any information to eyes that will assist them in civil immigration enforcement. Reporter official state law abiding citizens dont have anything to worry about, but privacy advocates say not so. If i have not done anything wrong, then why are you collecting my information . Reporter they will meet tomorrow night to decide if they are going to buy those cameras. The price tag is 500,000. Coming up here, barths bart and the new train cars are going in and out of service. It is a little frustrating here. There will be continued warm days out there and we will let you know what you can expect for your tuesday. Millions of dead trees in californias force are increasing the threat of wildfires. Details on a new report that was released today. The headlights that are heading into the east bay looks like it is fairly usual. We want to take a look at another traffic camera, and this one is much worse. This is hospital curve and the headlights are heading toward the bay bridge. We will be back with more in just a minute. With the chase mobile app, Michaela Deprince could pay practically anyone, at any bank, all while performing a grand jete between two grand pianos. She could. In a commercial. In real life she uses it to pay her sister, from her couch, for that sweater she stained. What sweater . phone buzzes life, lived michaelas way. Chase. Make more of whats yours. 4 of barts train system were in the shop today. Our reporter spoke with bart officials who say this is to be expected, and the break in period for the new cars could last up to a year. Reporter it has been less than three weeks since bart debuted their new 10 car train, and writers are taking notice. It is more uptodate than the other one. Reporter but what the writers riders may not know is that some of them are being taken out of service. They miss running the 10 car train due to software maintenance. But they did run that night. Reporter but this spokesperson said the Software Fixes are not safetyrelated. It is absolutely normal and absolutely to be expected. There are not any defects or problems with the cars. We are going to a phase which will probably last nine months to a year where we are perfecting the software. Reporter this update comes with several issues after the initial rollout which comes with cars being taken out of service a few days after they went live. It is a little frustrating to hear. That is something that you do not want to hear about a new technology. Reporter bart said there is a learning curve , but they also say that the riders should not be worried. Reporter they say they will need scheduled maintenance and software Going Forward. Riders said seven of the 10 cars could be available any day, and it could take up to two years to get everything worked out. In san jose today, crews cleared out a homeless camp. Officials say a camp near the big interchange connecting highway 101 and i280 and i680 had grown to hundreds of people. Campers were given a 30 day notice about the suite. The city also offered outreach. Is still some of those who live at the camp set this suite leaves them stranded without a place to sleep. This this disrupts our whole life. I have been here for seven months now. The campus cleared out about twice a year for safety reasons. But homeless advocates who led a protest said the homeless have no place to go. They say they there are about 4300 Homeless People in san jose, and only 1800 shelter beds. How do we care for the forest in california . A newly formed commission is looking at a better way to manage trees, but in particular they are looking at ways to prevent wildfires. With an estimated 129 million dead trees of the california wars, forests, that is not an easy task. They are facing an environmental catastrophe, and are needing sweeping changes. Reporter california should be doing more of this. Using controlled burns to better manage wildfires according to a new report that is released today. We have seen a century of mismanagement. Reporter this commission took an indepth look and determined that we are doing it wrong. The result is that dying and an unhealthy force will impact everyone in california. Reporter california has an estimated one or 29 million dying 129 million dying trees. For example, this fire that ripped through the sierra burned some 17 tons of greenhouse gases. That is why cal fire is actively working on fires like this one today to reduce the fuel for wildfires the summer. They are also working with homeowners to establish defensibles face paren Defensible Space perimeters. It is helping the park and the wildlife. It helps the visitors and it helps us. We pick up some records today. It has been record day after record a. These are the numbers and never cisco set a record at 77 degrees downtown. Gilroy was at 78 degrees. You get a feel for how unusual this weather is. But also, 2011 was a very warm year because most of these records that were broken today originally happened in 2011. A big ridge of High Pressure like last week, and it is going to stay around. The cool weather on the east and up around michigan will stick around. Also, our warm weather will stick around and we will be warm and dry for maybe the next two weeks. So it is definitely something to hope for and cross your fingers for because we need the rain. Right now this pattern is locked. It is not in a hurry to go anywhere, which is unusual for february. A live camera shot shows a dutiful evening. When we come back, we will talk about the next chance that we see are some rain and what you can expect in the fiveday forecast. Another step forward to tell you about tonight in the Recovery Process involving the northbay wildfire. Students return to the center today after being displaced for four months. Octobers fires destroyed portions of their school, and the students have been displaced ever since. All of the students said it was nice to be back with their friends. It is amazing it just warms my heart. We have been working toward the state for the last four months. The School Mascot used to be a dragon, but since the fire, they have adopted the phoenix, which is a symbol for arising from the ashes. Coming up, here eight there will be a report on a frightening crash that involved a dump truck. What we learned from the investigators and witnesses. We will take another look at the super bowl and some of the games defining moments. The ceo of an Athletic Company is stepping down over claims of misconduct. Fire fighting is a very dangerous profession. We have one to two fires a day and when you respond together and you put your lives on the line, you do have to surround yourself with experts. And for us the expert in gas and electric is pg e. We run about 2,500 2,800 fire calls a year and on almost every one of those calls pg e is responding to that call as well. And so when we show up to a fire and pg e shows up with us it makes a tremendous team during a moment of crisis. I rely on them, the firefighters in this department rely on them, and so we have to practice safety everyday. Utilizing pg es talent and expertise in that area trains our firefighters on the gas or electric aspect of a fire and when we have an emergency situation we are going to be much more skilled and prepared to mitigate that emergency for all concerned. The things we do every single day that puts ourselves in harms way, and to have a partner that is so skilled at what they do is indispensable, and i couldnt ask for a better partner. A frightening situation today in santa rosa that was caused by a runaway dump truck that crashed and caught fire during a Chain Reaction accident involving 10 vehicles. The crash sent several people to the hospital, and tonight at least three of them have serious injuries. A group of Good Samaritans tried to help. And larry was just crossing the intersection when a dump truck came barely down the hill and caused an enormous collision. Right in the middle of the intersection i heard a hawk, and i heard dump truck honking his horn. Then right behind me, i heard boom, boom, boom. Then there was cars in the intersection and the cars were in flames. Reporter in the precious minutes before First Responders arrived, larry and other Good Samaritans help for the injured out of the burning in smoking cars. We had a couple of cars on fire here and on fire there. So i pulled over and i did not see any paramedics yet, so i told the guys to help out and see if anyone needed help. It is more of a decision to help somebody instead of runaway. That is the only thing that i thought about. Reporter firefighters arrived at minutes, and injuries are always the first priority. Our way of sorting how we are going to decide who is the highest priority person on the scene is that we use a triage tag. It is designed to be able to put on the patient and what their injuries are. Reporter six of the vehicles were destroyed. There is a report that the trucks brakes as a came down the hill may have been on fire. They will have to bring in some specialized equipment so they can way the truck. It is possible that it may have been overloaded, and that would be a significant factor in this kind of investigation. The braking system would will be part of our investigation into this situation. Another Government Shutdown is looming this week as lawmakers fight over immigration. Already, the white house is pushing back against the new immigration proposal. I am live in washington with more. The new partnership for Police Reforms that was announced today. A fire destroyed a mobile clinic that serves the bay area uninsured. The investigation that is underway that helped people who are most in need we will have when we come back. Some of parts bartz new train cars that were taken out of service for the finetuning of the software. The train also confirmed they missed running the new 10 car train last thursday afternoon due to scheduled maintenance. A bart spokesperson say the fixes are not safetyrelated. Crews in san jose cleared out a large homeless encampment removing mounds of trash and putting up fences. Authority say the camp had grown to 100 people during the last few months. Cal tran owns the land, and they gave the people that occupy the camp a 30 day notice. The city also offered an outreach. Still some of those who live at the camp say the suite today leaves them stranded. On wall street, the Dow Jones Industrial average closed almost 1200 points down. At one point today, the dow jones was down 1600 points. Todays loss of 4. 6 is nowhere near the 22 lost in the 1929 market crash. Experts have been predicting the correction. There are just three days to go before another possible Government Shutdown. Congress does not seem to be any closer to finding a compromise on immigration. Our report is live in washington where President Donald Trump gave a thumbs down to a new bipartisan proposal. And reporter democratic senator dick durbin said that yesterday he does not expect a daca deal by the february 8 funding deadline though they are making progress on a bipartisan deal. He also said he does not expect the shutdown this time around. Perhaps he saw some of the daca process this morning when we know that two senators, a republican and a democrat, unveiled a new republican proposal. We are building the wall. Reporter Immigration Reform is once again in the spotlight here. Senator john mccain and chris coons unveiled a plan, and m