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6 00 friday, critical fire conditions. Well have gusty winds blowing to the southeast. We already have dry fuels that will get dryer and this will become a red flag warning. So be prepared to advantage being eight. And it will be extremely hot tomorrow everywhere but the coast risk of heat illness. In the north bay, an area that was previously under evacuation warning is now an Evacuation Order. Cal fires latest update says that the glass fire has now burned more than 46,000 acres and is just 2 contained. So take a look at this new video that has come into our newsroom of the wildfire raging in calistoga overnight. The area west of 29 and highway 8 is upgraded to an Evacuation Order. Here is time lapse footage from yesterday. Firefighters on the scene tried to keep the fire from spreading, but you can see that the fire line kept moving forward over time. Fire conditions a ....
The president cant do that. On top of that you have a null gdp report that everyone envisioned. Claims are stubbornly high. That is weighing on investors right now. Spiking case, worldwide whackamole, no sooner control in one country than pops up in another. Germany, the posterchild how you handle a virus is reporting spikes in cases as well. Doesnt seem to be matter if youre welldisciplined on this, it is still a major concern. Right now cases are popping up and deaths increasing at the rate of one every minute across the globe. So well be following all of that. Also following a lot of developments on capitol hill. True to our name, coast to coast. Were watching in washington, d. C. , scramblings and moving as fast as we can getting a stimulus going, as far as dollar amounts. Republican plan. A trillion dollars, still generous but not as generous as the democrats 3 trillion out of the house. Well monitor. That well monitor what is going on in portland and also what happened in United States , Fort Lawton , New Jersey , Town Hall , Marcia Blackburn , Nancy Pelosi , Joe Biden , Jackie Deangelis , Bob Dole , Herman Kaine , Brendan Carr , Portland William , George Washington , Google Youtube , Mars Neil , Chris Rivera , Herman Cain , Bell Lauren , Edward Lawrence , Grady Trimble , Anita Vogel , John Mccain , Hillary Clinton , Kamala Harris , Cape Canaveral , First Time ,
Heres the markets performance this thursday morning. Not paying much attention to those jobless numbers. We are going to be down pretty much across the board. The dow industrials on the down side to the tune of 200. The s p down about 20. The nasdaq, not much of a loss there, down 12 points. Now, ive got some negatives to lay out for you. This may be a negative. Several states report big spikes in virus cases following their reopening. Its the second wave worry. Number two, medical authorities in beijing say the new outbreak has been controlled, their words, but virus statements out of china dont have much credibility with investors. Heres another one. This is not helping. The European Union will go ahead with its plan to tax big American Technology companies. The u. S. Has withdrawn from those talks. This too might be hurting investor sentiment. John boltons book, very ....
The nasdaq is tracking for its longest winning streak since december bob . Good news, were just off the highs for the day. The bad news is financials are again not participating in the rally and they need to to really move us forward. Lets take a look at the sectors, as you heard from kelly, it largely tech, semiconductors, internet stocks, the whole technical sector is doing well, Consumer Discretionary tech oriented to an extent, industrials flatter, generally underperforming and banks not even in positive territory by and large we told but the new high on the mega caps. I dont know if you realize how theyve rallied off of the march lows facebook is up nearly 78 , apple 75, amazon 70, microsoft and alphabet, even alphabet is lagging, 46 off of the lows, far outperforming the overall Market Software in general has become really important so if you look at right arou ....
The dow is looking for about a 300 point gain right there at the opening bell. S p up about 34. Look at that nasdaq go. Technology is doing well, up 104 points. Thats premarket for the nasdaq. Now, lockdown winners. Clearly emerging. Lowes, the Home Improvement people, headquartered in North Carolina. Profit up 28 . We stocked up for the lockdown. Target, they really organized their online delivery and store pickup operation, lumped together under digital sales, up a whopping 141 . Walmart, same story. Stockpiling helped them, too. Amazon, kings of the online selling business. Boy, did they clean up. The stock is near a record high. And the netflix, well, they are the kings of the streaming business. What else are we supposed to do when we are ordered to stay home for weeks on end . There are a lot more virus winners and we will go through them throughout the show. Meanwhil ....