The blaze began shortly after the start of a Santa Ana windstorm that the National Weather service warned could be the strongest to hit Southern California in more than a decade.

Extreme weather conditions in Southern California fueled by ferocious Santa Ana winds have created at least four wildfires, leading to at least two deaths, multiple injuries, thousands of mandatory evacuations, and widespread property destruction. ➤ Get weather and fire alerts via text: Sign up to get current wildfire updates by location

A large bush fire threatens more than 25,000 homes and structures in Los Angeles as Southern California grapples with a brutal wind storm Tuesday. The Palisades Fire has burned nearly 3,000 acres acres since it was reported at around 10:30 a.

Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly surrounding the city of Los Angeles.

Edison International (NYSE:EIX) settled -10.2% on Wednesday, after plunging as much as 13% to its lowest level in nine months, on fear and uncertainty over the wildfires in southern California; SoCal Edison is the power utility for the areas directly surrounding the city of Los Angeles.