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Agencies are there on the scene 2 buildings to the east and the west of this fire have been evacuated. Berkeley fire now saying this building was under construction, no one inside at the time we will keep you updated on this breaking news story right here on kron 4 news tonight, we have crews headed to the scene and well have a live report. As soon as we can get that up for you. Thank you so much for joining us here on kron 4 news at 8 im justine waltman im Jonathan Mccall our other big story this saturday night less than 2 hours to go until the start of a new state wide curfew as part of the latest attempt to try and slow down the rapid spread of covid19 the stay at home order only applies to counties in the most restrictive purple tier, but that really covers most of the states population so here in the bay area that means every county except for moran, San Francisco and sa ....
At just west of the cal Berkeley Campus police say that this fire started at about 5. 30 this Evening University still shut down firefighters actively still working to control the fire right now. Lets go right now to kron fours dan thorn has been live on the scene all night long bringing us the very latest details. Dan any new information you want. Jonathan and just seen i can tell you that its a huge response as you can see out here happening right over my shoulder crews just continue to trench this construction site theyre really trying to make sure that there isnt any potential for any more flames to break out we do know that earlier today the report first came in at 5. 46 alarm blaze several crews having to show up here this burning in 2016 University Avenue in right now crews remain on scene on university be ....
Now this is about a half hour ago, but it gives an idea some of those city lights going on just as the sun starts to join us upstream we do have some scattered clouds to make note of they will come to pass throughout the Late Afternoon early evening member the sun setting early so to actually be probably close to sunset might have some nice sunsets out there. 30s right now across a good piece of real estate not just up in the north bay, but in the far east bay livermore 33 conquer jumbo checking in at 38 as well as san jose and 32 from a bottle in santa rosa, this is cooler for us across a good portion of the bay up north there were also chilly like this. Yesterday morning if you recall as well look toward a ahead 58 by 11 00am by 2 were talking 6 to 3 against them. Afternoon clouds and well see that again for tonight, but another chilly night a forecast in just a bit marty. All right dave thanks a lot. Lets get back to our top st ....
The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p bu ....
Than 1 as many of the cloud and socalled stayathome stocks get hit. It was the announcement that Pfizers Covid vaccine is more than 90 efficient thats what really set the market on fire we got more on that in a minute. Meantime, lets send it over to kelly. Thank you, sir. It is a huge day for the markets and a potentially historic one in a fight against the Chris Christie we have full Team Coverage for you. Bob pisani looking for the market reaction. Meg tirelli and bob pisani, lets start with you historic move for the s p 500 and big volume were going to do twice normal volume on the markets. We havent seen that recently, big volume on big up days. Thats a change on market sentiment. You mentioned small caps obviously vaccine, better reopening story. That would help small caps, look at this up almost 7 more than twice the ....