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TEMECULA, Calif. (KGTV) -- A San Diego County Sheriff’s Deputy died Saturday in a crash in Temecula, the Department confirmed. According to the Department, Deputy Matthew Creed died after being ejected during single-vehicle a crash on De Portola Road just east of Calle Arboles just after 9 a.m. Saturday. A preliminary investigation determined that the Ford F-150 was being driven at a high rate of speed when it hit the center median and flipped over.RELATED: Man dies after fiery South Bay crashThe truck came to a rest on its roof before catching fire. Three juveniles were in the truck at the time of the crash and were taken to the hospital with non-life threatening injuries. The department sent 10News the following statement: 743

That was fast. Wall Street's enthusiasm for the US-China trade truce has completely vanished.The Dow Jones sunk nearly 800 points on Tuesday, nearly a three percent drop.The S&P 500 declined 2.5%, while the Nasdaq tumbled 3%.Big tech stocks fell sharply. Apple (AAPL), Amazon (AMZN) and Alphabet (GOOGL) lost more than 3% apiece.The selloff wipes out Monday's 288-point jump on the Dow. That rally had been fueled by relief over the ceasefire between the United States and China on the trade front.But investors are quickly realizing that the US-China trade war is not over. The tariffs already put in place remain. And new tariffs could be implemented if the two sides fail to make progress."People are still very concerned about the trade war," said Dan Suzuki, portfolio strategist at Richard Bernstein Advisors. "Financial markets are increasingly showing signs of fear of a recession."President Donald Trump did not help Wall Street's trade war worries on Tuesday. Trump said that he would "happily" sign a fair deal with China but also left open the possibility that the talks will fail."President Xi and I want this deal to happen, and it probably will," Trump tweeted. "But if not remember... I am a Tariff Man."Those words aren't likely to bolster confidence among investors already worried about the negative consequences of the trade war. Steel and aluminum tariffs have lifted raw material costs and caused disarray in supply chains. And uncertainty about trade policy makes it very difficult for companies to make investment decisions.Investors have also grown very worried in recent days about fluctuations in the bond market. The gap between short and long-term Treasury rates has narrowed significantly this week. Before almost every recession, the yield curve has inverted, meaning short-term rates are higher than long-term ones.The gap between the 10-year and two-year Treasury yields dropped on Tuesday to the smallest since just before the Great Recession. And the less closely watched gap between three and five-year Treasury yields inverted on Monday.The tightening yield curve reflects fears about a growth slowdown and concerns about whether the Federal Reserve is raising interest rates more quickly than the economy can handle. Fed chief Jerome Powell gave a speech last week that investors interpreted as signaling the central bank could slow its rate hikes. However, there is a debate over whether Powell really was telegraphing a sudden change.Barry Bannister, head of institutional equity strategy at Stifel, predicts the Fed will pause its rate hikes because it has already made monetary policy too tight. He pointed to the slowdown in the housing market caused by higher mortgage rates."It's playing with fire to be too tight and risk an inversion because you don't know what the outcome will be," Bannister told reporters on Tuesday. "Even if the Fed pauses, they may have already done too much."A flattening yield curve and slowing economic growth hurt the profitability of banks.The financial sector was the second-worst performer in the S&P 500 on Tuesday. Bank of America (BAC), Morgan Stanley (MS) Citigroup (C) and Wells Fargo (WFC) declined more than 4% apiece.But Suzuki cautioned that the markets could be overreacting. He pointed to strong corporate profits and the fact that the yield curve has not yet inverted."We don't see signs of an impending recession," Suzuki said. "There is a widening gap between market fear of a deterioration in the fundamentals and the actual fundamentals themselves." 3558

TEMECULA, Calif. (KGTV) -- The United States Geological Survey is reporting that an earthquake with a preliminary magnitude of 4.4 struck near Temecula. According to the USGS, the quake hit around 6:24 p.m. roughly 20 miles east of Temecula. A 3.0 magnitude aftershock hit the same area at 6:53 p.m. Residents of the town reported feeling the quake. According to the USGS "did you feel it" map, residents all over San Diego and Orange Counties felt the earthquake. Area businesses reported feeling shaking. An employee with Clancy's Tractor Services, which is near the epicenter, says he knew right away it was an earthquake due to recent activity in the area. Check out the map below to see the epicenter of the earthquake. For more information from the USGS, click here.  821

Target announced Monday that it will not open stores on Thanksgiving this fall due to the coronavirus pandemic.The chain follows in the footsteps of Walmart, who made a similar announcement last week.Target added in its press release that it plans to extend holiday sale prices by several weeks. The company said Monday that holiday sales will begin in October, both online and in-store."This season, you can count on getting extra-big savings without the extra-long lines, with plenty of opportunities to score the best deals on the hottest items both before and after November 26," the company said in a press release.The retail giant also said Monday that it was adding an additional 20,000 items to its pickup and delivery services, including groceries and fresh produce. 783

TAMPA, Fla. — A middle school student in Hillsborough County, Florida was arrested on Thursday for possessing a loaded firearm on school property.Hillsborough County deputies said the 13-year-old male student brought the firearm to Dowdell Middle School on Thursday.Deputies said a witness saw the firearm in the student's backpack, then saw him place the firearm inside a large tractor tire outside of the school next to the bike rack. The location of the firearm was 516

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