We have seen swings in stocks today. At one point, all major averages were a little changed to slightly negative and an they are right now. Theyre gone back to little change. Bouncing around as investors consider and weigh not just the various earnings reports already out but, as scarlet alluded to, those to come. You look at the best performing stocks in the s p 500, most of them are earnings related or at least related to earnings in some way. In other words, even ebay, which is we have been talking about in itss pulling back paypal. Ship with at the same time, it says gross merchandise volume went up 10 . This has been a goal of the companys ceo to get back to doubledigit volume growth. They achieved that. Corvo is also rising. It won a contract from apple to get a key chip to connect its phones to the internet. Skywards is getting another supplier. I dekes laboratories coming out xx laboratories coming out above estimates. The worst percentage performers and the s p include tractor
From ktvus debora villalon. Shes live on highway 20 with the fatigue that Fire Fighters are starting to feel. Reporter its really starting to rack up heather. Were in clear springs. In the distance you will see theres a road closure. In the back of the hill theres a few big hot spots. No one expects them to be the last. Tonight this hill was crackling on the side of highway 20. Thats where firefighters will spend the night trying to keep it there. Most highways are natural fire breaks but not for the rocky fire. And theres hundreds of hillsides like this. Packed tight with fuel and ready to burn. This is Fire Fighters 13th day at the line. First they were at the wragg fire, then the lowell fire now this one. Theyre all burning with intensity like we havent seen. Its been a long time since the humidity has been low. Its real dangerous. Very dangerous. We dont put people out in front of the fire but we wont put anyone in harms way. Were fighting aggressively with boots on the ground. Rep
In europe. Sterling is a little bit lower. You had the moodys downgraded friday but the market yawned at that. Im looking at wti versus brent, and unbelievable move, almost at seven dollars. David its time for your morning brief. We will hear for room we will hear from a range of central bankers. William dudley will talk about Workforce Development at 8 30 a. M. Eastern time and then we will had to russells where the ecb president mario draghi will speak at 9 00 a. M. Eastern time. Charles evans will be this afternoon. At 12 40 p. M. Neel kashkari will speak at 6 30 p. M. This evening. Jonathan thats your morning beef brief every day. When they dont talk they do, when they do when they dont do they talk. Jonathan a victory in germany was marked by the popular party. A major new challenges in front of us namely the fact that the afd has entered parliament. We shall certainly analyze this closely because want to gain back those voters of the afd by solving these problems, by giving them
Welcome to power lunch, everybody, and it is a far, far, far cry from where we were 30 years ago on this day. The dow is pulling back today after smashing through 23,000 with a big gain yesterday. But remember 20 years ago, down 23 . Today down about 23 points, Something Like that. Apple and Goldman Sachs leading the dow a little bit lower more on those stocks coming up adobe shares today soaring after reporting strong earnings. Better than expected guidance. Analysts also liking liking the companys Artificial Intelligence platform. Thank you as tiler said, the markets lower across the board but not close to what we saw 30 years ago today when the Dow Jones Industrial average fell. A look back on black monday. And i guess, bob, to put it in context, a 508point drop, which today seems like not much. The equivalent drop today would be 5,200 points. Simply staggering. Thats right. The dow dropped 508 points, brian, 22. 6 , the biggest oneday decline in the history of the stock market. On
Excessive heat warning for selanno county. And its going to be hotter the following day. Ill have a look at the forecast in just a few minutes. Spencer, thank you. This heat wave has prompted California Power officials to issue the first flex alert of the year. Today and tomorrow, theyre asking us to conserve energy, pau because they expect peak usage to be the highest in nearly 11 years. I want to show you realtime power use levels right now. It is 6 00 right here. And you can see this is a peak time for energy use. Its going to decline in the next few hours. But our actual usage, thats the solid blue line you see there. Its below yesterdays forecasted usage for today. Thats the dot t purpoted purpl. So we have 3,000 mega watts below the forecast amount, but we need to keep conserving. Were expecting another rise in temperatures, so were anticipating basically more power outages. One simple thing you can to do to save electricity, set your air conditioner five degrees higher. Dont use