Days americans give up and jay leno gets much more than he bargained for. Early today starts right now. Good morning everyone. We have breaking news to report. Legendary coach pat summitt has died. Her family announced they were preparing for the worst. The winningest College Basketball coach of all times announced she was diagnosed with onset dementia, alzheimers type. Her son tyler said his mother died peacefully surrounded by those who loved her most. A private burial will be held and the family finalizing a celebration at the university of tennessees Thompson Boling are arena. She had a Career Coaching record of 1098 wins and 208 losses in 38 seasons. Pat summitt dead at the age of 64. Turning now to politics. Hil Hillary Clinton and Elizabeth Warren doing what she does better than almost everyone else, attacking trump. Donald trump cheered on the Current Crisis which has sucked billions of dollars out of your retirement account because he said hey, it might bring more rich people
Allentown is get something rain. Look at the downpours moving across delaware bay into cumberland, Cape May County seeing some of the heavier rain right now. It is going to be starting things off. 72 degrees in delaware and the Lehigh Valley. New jersey with the rain is at 70 degrees and philadelphia, low 70s while its dropped into the upper 60s in the suburbs this morning. Temperatures will be warming into the 80s. Mostly cloudy skies and 71 degrees to start with, upper 70s at 10 00. This afternoon, well see showers and thunderstorms return. The potential for strong storms in the Lehigh Valley and the suburbs. At the shore, wont find 80s today with a rainy day for the coastal communities. High temperatures near 80 degrees this afternoon. Ill take you through the futurecast to show you when the storms will most likely develop. First, lets take a look at the roads this morning. Jessica boyington has your first alert traffic. This is the schuylkill expressway around montgomery drive. No
Policymakersold that you can follow me on twitter. Dont forget to include trendingbusiness. I divided Federal Reserve unshaved, but signaling a rate likely before the end of the year. Straighte feds sixth hold in the biggest sign yet. Three out of 12 or four a quarter present policy increase. Janet yellen downplayed the differences in opinions. We are trying to understand some difficult issues. There is less disagreement among participants in the committees then you might think of to speeches and commentary. A nice rally shaping up, chinese and hong kong underway in 30 minutes. Singapore, taiwan, and malaysia coming online. Lets have a look at how things are shaping up this morning. Sherri positive sentiment filtering through the markets. Stocks, excluding japan, rowling for six consecutive sessions. Given how surprising Global Equities have surged after the fed delayed rate hikes. The kospi up more than 1 . The sx gaining. 8 for a third consecutive session. Despiteand gaining. 5 the f
A very warm welcome to Worldwide Exchange, im wilfred profit. Along with susan lee sitting in for sara eisen. Good morning. Lets get straight to the markets. Futures why not a decent end to the week. A very strong rally friday as people digested that ecb decision and decided it was positive risk assets. Today, theyre looking at profit taking. The dow by four points, s p by about 5. Nasdaq by 10. Following strong gains on friday, not too much of a correction expected today. A quick look at the tenyear note, interestingly, back close to 2 for the treasury, highlighting that riskon sentiment that weve seen in the last couple of weeks. Good monday morning, lets get to this mornings top stories. The bank of japan beginning its twoday meeting today. A federal decision on wednesday Central Banks in england and switzerland will also meet this week. Other global news, an attack in the turkish capital of ankara leaving 24 dead. Officials say car bomb targeted civilians in a busy bus stop in the
Calling a bottom in any commodity with all of the inputs like events, like iran and saudi arabia trying to figure out how much they hate each other or dont, right now we are oversupplied by about 2 millionbarrels a day. The oversupply is in north america. We have pulled back about half a Million Barrels a day. Nicole quickly on the fed . Thats only 57 . Nicole we have to wait till june. That will hold off markets for a while. Thank you for getting up with us and giving us Market Insight this morning. Lauren absolutely. Now to campaign trail. Trump gets 34 support while texas senator has 23 . Trumps number jumped 11 points from the last fox poll, that was just a few weeks ago. Now, no other candidate received doubledigit support. Reminder that the Iowa Caucuses are held february 1st. Nicole president ial candidates reacting to reports that former new york city mayor is taking early steps to potential independent run for the white house. I would love to have Michael Bloomberg. Im going t