Hard to digest the news. Well cut right at it, give you the details in a moment. Overall, the market lacks real direction. The dows going to be up maybe 15, s p up 10. Nice gain for the nasdaq though, all green at this point. Politics [laughter] can you say softballs . One after another, they were lobbed towards joe biden at the cnn town hall last night. Not very good preparation for the first president ial debate which is, by the way, 11 days away. The standout for me came when biden suggested that if the president had acted sooner on the virus, all those people would not have died. So the president killed 190,000 people . Not a word of pushback from the moderator, cnns moderator. Today biden goes to minnesota, an opportunity for him to clarify his position on urban rioting and defunding the police after the minneapolis disturbances. And get this, the president will also be in minnesota today. You can bet hell brung up law and order bring up law and order. Mr. Trumps press secretary,
Everything one has been extended and extended air alert is an effective from the bay area for scorching temperatures. Lets go straight to meteorologist john peck. Devon i want to go back to those concerning pictures we are still saying of the flames in napa valley. The exact example of what the red flag warning was sinus with the conditions were set up for. Take a look at the map behind me. Kind of a unique map. Lets get ourselves oriented on here. It is black and white. Firstly you can pick up the bather and severed cisco. You see a black dot appear. You can see the outline for napa county. That is the satellite reading the heat signature coming off of this new fire. No official name of this yet. Thats how new this is. We are only within the first hour of knowing about sarah. That is what is trending on socially at this point. We have got no acreage to share with you. One thing about map like this is, if the satellite table reads the heat signature from space, this is a fire that is g
Latter part of the day sunshine returns. So dont worry about that were holding on to plenty of sunshine and good air quality for your thursday which is the stuff that weve enjoyed lately all that sun. These mild temperatures and of course the easy breathing that has come along with it lately 60s for your current temperatures, youll notice its warmer feel stepping outside all that cloud cover overhead shelters us from a lot of heat loss during overnight hours. So as opposed to yesterdays clear but cool conditions. It is a fairly mild but cloudy start to this morning. Later on today, well be looking at highs in the 70s 80s, not much different than today. A pleasant afternoon before the weekend warmup which ill get to in the rest your forecast. Robin all right. Thank you john how about we check in on the traffic. For the early birds that are heading to work this morning we are hot spot free. So thats a great way to start off the morning commute 8024 5. 80 the nimitz all doing fine leading
Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop sign up because what it says is theres going to be so much supply that is coming. Look, if you own a company youve been waiting for it to come public you just got the gre
Will lead the senate in prayer. The chaplain let us pray. Eternal god, who makes us one, use our lawmakers today as agents of reconciliation. Give them the wisdom to build bridges that will enable Diverse People to accomplish your purposes on earth. Lord, inspire our senators with such oneness of spirit and resolve that they will provide our nation with a model of cooperation. Remind them of the wisdom of matthew 12 25, which states that a house divided against itself cannot stand. Lord, we thank you for giving senator grassley another birthday. We pray in your unifying name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley i ask for one minute. The presiding officer without objection. Mr. Gr