U.S. stocks drifted through a mixed day of trading after oil prices eased and falling Big Tech stocks weighed on Wall Street. The S&P 500 slipped 0.4% Monday and pulled 1.8% below its all-time high set early this month. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite slumped 1.3%. Oil prices fell roughly 3% following negotiations between the United States and Iran on ending their war. But drops for giants like Alphabet and Amazon weighed on the market, which resumed trading following a three-day weekend. Rising Treasury yields in the bond market also pressured stock prices.
...FIRE WEATHER WATCH IN EFFECT FROM FRIDAY MORNING THROUGH
SATURDAY EVENING FOR STRONG WINDS AND LOW HUMIDITY FOR THE SIERRA
FRONT...
The National Weather Service in Reno has issued a Fire Weather
Watch for strong winds and low humidity, which is in effect from
Friday morning through Saturday evening.
* Affected Area...Fire Weather Zone 420 Northern Sierra Front
including Carson City, Douglas, Storey, Southern Washoe,
Western Lyon, and Far Southern Lassen Counties.
* Winds...West 20 to 30 mph with gusts up to 45 mph.
* Humidity...Afternoon minimums 12 to 20 percent.
* Duration... 2 to 4 hours Friday with 3 to 8 hours Saturday.
While humidity will recover Friday night, winds will stay breezy
on midslopes and ridges.
* Impacts...The combination of gusty winds and low humidity can
cause fire to rapidly grow in size and intensity before first
responders can contain them, especially from any recent
lightning holdovers.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Avoid outdoor activities that can cause a spark near dry
vegetation, such as yard work, target shooting, or campfires.
Follow local fire restrictions. Check weather.gov/reno for
updates and livingwithfire.info for preparedness tips.
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