This is real money, and you are the most important part of the show, so tell me whats on your mind by tweeting me at ali velshi, or facebook. Com ali velshi. It is summertime and the stock market is smoking hot and it needs to cool off or its going to burn up. Today, the dow came 2 points within 17,000, and still jumped 29 points, and set another record. The s p 500 also reached a new record, up 7 10 of a percent, and the nasdaq up just over a percent for a 17 year high. This is not a bad way to start the second half of the year, and check out the 23 jump that the s p 500 has enjoyed in the last year, including a nearly 7 gain so far in 2014. Give credit to americas steadily recovering economy, which includes a stronger job market, decent Consumer Spending and relatively solid corporate profits, and lets not forget those very low Interest Rates and the central bank that have been pumping money into the global economy. This seams like good news for the half of americans who own stocks o
Philly. Allentown, 13 degrees. 20 for wilmington millville, and philadelphia international. Factor in the winds, 8 degrees in the city. Get ready to bundle up. Its a cold start. Well see lots of sunshine today at 19 degrees at 7 00. Not much of a warm up by 9 00 21 degrees. In the middle 20s at noontime. Headed for the upper 30s. It will stay below freezing throughout the day. Well go through neighborhood by neighborhood, hour by hour to show you which areas will peak in the 30s this afternoon. But right now we watch out for icy spots. Jillian mele has a first alert traffic bu gypsy. The frigid air is in place this morning. Katy zachry is live in South Whitehall township. You still have snow on the ground there, but the big story this morning is the cold air, right . Reporter it really is. But as you said theres some ice, snow and slush on the ground. Bill said its 13 degrees up here. I can tell you it feels a lot colder. We are in this parking lot where you can see right now, not sure
I just became a grandfather. You care more about the future when you get a kid or grandkid. Thats true. Reporter a month before the elections, republicans are confident. Just six seats from winning back the senate and taking control of congress. One is here in arkansas. Democrat mark pryor called in the clinton cavcavalry. Votior heart. Dont vote for what they tell you you should be against. Vote for what you know you should be for. Reporter he knows president obama isnt popular but warned about casting what he called a protest vote. Everybody is trying to hijack our politics. And you have to own it here. Youll be stuck with the people that get elected. Reporter its been nearly two decades since he was on though ballot but democrats hope clintons fame will still rub off. We caught up with tom cotton, the rising republican star trying to defeat pryor. As a young boy here in arkansas, he watched clinton rise to the white house. Im not worried about bill clintons support for mark pryor. I
Stephanie i am stephanie ruhle. We misseed y we missed you. Erik a vacation. I will not go so far to say i deserved it, but i enjoyed it. Stephanie getting the top business stories of the morning. Greece. Talks over the greek bailout have broken down. Germanys commerzbank says theres a 50 greece will leave the euro. Greece is refusing to meet european demands that it requests an extension of the current Bailout Program. Here is greeces finance minister. Yanis varoufakis in the history of the European Union, nothing good has come out of ultimatum. We proceed from crisis to crisis and this is how we improve. In the next few days, any notion of an ultimatum is going to be withdrawn. Stephanie the greek government says terms are too tough and it wants be deal rewritten. Time is running out, the agreement expires at the end of the month. A shakeup at Starwood Hotels which owns sheraton and w. The ceo has stepped down. Starwoods board says it is time they speed up company growth. The Parent
Jacquelyn begins. Its going to help that drought, not significant debt in it like you heard. So far today, weve seen some steady rain, two tenths of rain, and almost an inch in napa. Widespread, lighter showers at this time, were starting to pick up areas of moderate rainfall, see the yellow mixed in to your screen, lets zoom in over the peninsula, heavier showers over san mateo, except for dallas or the san mateo coast line. This area, really going to be favored to see some of the more moderate showers, the rain is is really going to start coming down after midnight tonight. Heres a look at satellite radar picture, this is the first in a series of systems affecting us over the next few days. Heres the tail end of it, its going to move in to overnight and the commute, the rain will get heavy, dooent totals out of this, the future cast and look at the totals and snow in the sierras coming up. A weather coverage, whats happening, kron4s jeff bush is live where the ran rain has been on an