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    Feb 11

    Clouds and sun 69°Lo 38°
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    Feb 12

    Mostly cloudy 65°Lo 40°
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    Feb 13

    Some sun 61°Lo 40°
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Hi 69° RealFeel® 70° Precipitation 11%

Day

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S

W

  • WSW 2 mph
  • Gusts: 5 mph

Clouds and sun

  • Max UV Index: 3 (Moderate)
  • Thunderstorms: 0%
  • Precipitation: 0 in
  • Rain: 0 in
  • Snow: 0 in
  • Ice: 0 in
  • Hours of Precipitation: 0 hrs
  • Hours of Rain: 0 hrs
Lo 38° RealFeel® 43° Precipitation 11%

Night

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  • S 1 mph
  • Gusts: 2 mph

Partly cloudy

  • Max UV Index: N/A
  • Thunderstorms: 0%
  • Precipitation: 0 in
  • Rain: 0 in
  • Snow: 0 in
  • Ice: 0 in
  • Hours of Precipitation: 0 hrs
  • Hours of Rain: 0 hrs

Temperature History - Feb 11

more Historical Weather Data >
  Today Normal Record 2/11/2015
High 69° 59° 79° (1996) 71°
Low 38° 39° 26° (1999) 41°

Sunrise/Sunset

Sunrise / Sunset Illustration

Rises at 7:06 AM with 10:30 of sunlight, then sets at 5:36 PM

Moonrise/Moonset

Astronomy >
Moonrise / Moonset Illustration

Rises at 8:58 AM with 12:39 of moolight, then sets at 9:37 PM

CBS12 Chico

Wall Street Woes: Dow Plunges 225 As Oil Drops

Wall Street Woes: Dow Plunges 225 As Oil Drops

U.S. equities fell sharply Thursday as investors digested a massive global sell-off and oil prices fell further.

The Dow Jones industrial average fell nearly 400 points at session lows, as Boeing and Goldman Sachs weighed the most on the blue chips index. In midday trading, the index held about 340 points lower.

"I think you're in a situation where the market is in deeply oversold levels. ... At some point, it's got to bounce," said Adam Sarhan, CEO of Sarhan Capital. "But make no mistake about it, the overall trend is down."

The S&P 500 dropped more than 1.5 percent, as financial fell about 3 percent. The financial sector was on track for its first five-day losing streak since August. At session lows, S&P tested its Jan. 20 intraday low of 1,812.29 when it hit 1,812.82.

"There's a chance we break below the 1,800 level, and then the next level to watch is 1,775," said Peter Cardillo, chief market economist at First Standard Financial. "I think we could see a bounce there. Otherwise, we're in trouble."

The Nasdaq composite fell 0.7 percent, as biotechnology stocks and several technology stocks fell. The index was also less than percent away of entering bear market territory on an intraday basis.

"I think there's just tremendous wealth destruction going on," said Randy Warren, chief investment officer at Warren Financial Service. "Unless sovereign wealth funds are done selling, we're not going to see a respite."


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