Bouncing back a little. Remember, please, this is how we started out monday. It ended badly. All right, walk into a super market just about anywhere in the world and several aisles will be dominated by proctor gamble. Here is the news. They are doing very well. Profit is up, revenue is up, outlook outbeat and p j, one more example of companies turning in Strong Financial results and the stock is up. On the campaign trail, joe biden stays home. No media appearances for 4 days. How convenient. Hes safe from pesty reporter questions and gaffes and fatigue. Hes preparing for thursdays debate and for the rules for that debate have changed. Theyll be a mute button to kill mike mic of candidate if he he running over time. So keeping it out of the debate is in my opinion a form of bias against trump. Another development, in pennsylvania, the Supreme Court says they can keep counting mailin ballots for 3 days after election day. That means the delayed result in a swing state, dispute guarantied
Now its 3 of the glass fire cutting through neighborhoods in napa and Sonoma County people are trying to remain optimistic even as their belongings burned to the ground. Thousands of homes remain threatened this afternoon and now theres a red flag warning for the glass fire area thats expected. For thursday. Thank you so much for joining us here this afternoon. Im Justine Waldman we continue to follow our breaking news today here on kron 4 news at 3 and thats the devastation across sonoma and napa counties where the glass fire burns out of control right now this is video of the fire burning off highway 29 on Greenwood Avenue in calistoga the glass fire has burned over 48,000 acres and is currently only 2 contained over 22,000 structures are threatened. The fire has burned more than 80 homes and napa and sonoma counties and now were getting a closer look at the damage caused by the glass fire joining us live as kron fours brian calley she is in santa rosa. And shes been talking to peopl
Sessions. Its been on such a winning streak. Again, i use the word breather right now. While vaccine timing is spooking the markets, colleges across the nation are trying to minimize the scary impact of the deadly virus. Alabama state is teaming up with dragonfly to keep its students safe. The ceo is going to be here to show us how this is all supposed to work. Meanwhile, the covid crisis has caused the makers of one frozen Treat Company to put its Business Plan on ice. The ceo of dippin dots is here to tell us how his freezers are working overtime on new pandemic opportunities. You dont want to miss that. Then one of the Biggest Car Rental Companies in europe is zooming into the United States in the middle of a pandemic. We will ask the board member and namesake about why now is the time for them to expand in america. Less than an hour to the closing bell, im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl so after a day of records on wall street, it has been
Employees. Bank of america and Morgan Stanley among big banks reporting. Dow component Johnson Johnson right here. Futures in the red. We are standing by for retail sales and jobless claims this morning at 8 30 a. M. Eastern. Stocks edging higher, Investor Sentiment over covid19 vaccine pushing markets into the green. The dow industrials up 227 points, nasdaq up 62 and s p up 29. The state of travel today airlines in the midst of a sharp downturn as pandemic fears keep travelers grounded at 7 30 a. M. Eastern ill be joined by ceo of delta edward bastian. Plus this, drink up, how moderate Alcohol Consumption can protect against cognitive decline. Mornings with maria is live right now. Maria european markets on the decline. Standing by for the ecb decision for the next hour, rates are expected to stay unchanged. Ftse 100 is down 36 points, new data this morning from the uk shows half a million workers were furloughed in the month of may. Thats in response to the pandemic shutdown. This m
There is the fear of less demand, which will certainly happen if parts of the u. S. Economy perhaps do not go under lockdown but some sort of shutdown. Decca dampened Economic Activity. As well as the demand for consumers and the like. We have bonds higher with a 10 year yield, down five basis points. What makes this so interesting is, over the last few weeks, it felt like it has been risk on. That is not the case. Markets are onto this. The last couple weeks have been risk off. The s p 500 is down over that time period, the yen is higher, and tensions are subtle to the touch, but when we are moving toward risk off, there may be obvious catch for stocks ahead, pointing to the idea that july could be a bit difficult, especially if the Second Quarter Earnings Period turns out to be more difficult. Stay tuned but certainly a risk off day within a risk off week. At this point, much of june is risk off itself. All of this on the worsening virus data in the u. S. David just what we need is a