Later apologized to both constand and her mother. We only have to show that a crime was committed and we did that through the victims statement and the defendant. Admissions to much of the crime. There was no evidence of a crime here and the insistsies that plague this investigation from the beginning plague its now. This should end immediately. Among the spectators is gloria allred, she represents dozens of women who claim they were victimized by cosby. In the Police Reports admitted into evidence, was very damaging to him. Well, the defense maintains what occurred 12 years ago was not a crime and a concsensual relationship. Live in norristown, john rawlins, channel 6 action news. Thank you john. We are hearing late this afternoon that cosbys defense team is planning to hold a News Conference at 5 00. Well bring that to you live here on action news. Meanwhile, the comprehensive coverage continues on our website at 6abc. Com, with more details about the case and pictures from the days
Matt we are nearing the Halfway Point at the trading day. Lets go to the markets were Abigail Doolittle has the latest. Abigail great to be here. Good to see you in person. We do have a nice rally going on here for u. S. Stocks, the dow s p 500 and nasdaq are all nicely hired. We see the bullish activity accelerating for the day. Nice exemplified the dow having its best day since august 5. We pull up a chart in the bloomberg, beautiful rally. This is where we started. We are now nicely higher on the best day for the dow since august 5. Of the s p 500, it is a bit a different story. We have the s p 500 languishing to some degree in a range interestingly unchanged over the last 10 days despite some of the choppiness in the range. Individual movers, lets look at stocks moving on music news, starting with amazon and pandora. Up nicely on the news out of a report from the Financial Times that the company could want a streaming Music Service very soon. Perhaps as soon as next month. Pandora
While the ceo tells bloomberg that, despite brexit, the market is robust an. And the dollar loses ground as the market waits to see what janet yellen will have to say at jackson hole. Caroline and manus, all the market waits to see what the pmi data will be today, from france, germany, the eurozone. It looks like there is Risk Appetite, looking at the futures market. We are called higher after yesterdays slight selloff in the dax, cac, and ftse. A bit of Risk Appetite ahead of jackson hole, and perhaps suppression of concerns about the u. S. Ranking up hikes. It comes down to this the mediating bond traders seem to be happy with dons. It is the fx traders that are skittish. The dollar index is down, the market retreating. Yesterday was rather gung ho in terms of stanley fischers comments. Today it is all about positive thought. Wirp on your bloomberg says 24 chance of a hike, 51 in december. The dollar is vulnerable, according to mitsubishi trust. Oil is down, dropping for the first ti
Markets right now. Check out this chart. Rates continue to fuel so the market telling us that a rate hike is on . I could see them moving in december. I dont think they move in september. I think its predicated with the fact that feels like rates want to go higher. The real place to find valuation, theyre still cheap. I still think the landscape is challenging going forward. But you cant fight the money flow and its in the banks. Bank of america looks like it wants to retest the level. That sort of slow and steady wins the race. Fisher said this morning that the labor market is near full strength at this point. Unless friday is a dud of a report, no excuse. I think actually, they will. This is up from what, 20 . I think they should because theres enough sort of everythings lining up well enough to do it now and if they dont and Something Else happens between september and december, they cant do it then. Thats a problem for them. I think they should do it now. If you figure almost oneye
Time she has stopped here in the past few weeks. National polls show clinton and trump are running neck in neck. Nbc has clinton on top, while cnn has trump winning each by a couple of percentage points. Newschannel8s Candace Mccowan joins us now from the usf campus following todays rally. Reporter good evening stacie and josh. Clinton wrapping up her speech at the she is still inside the building before she takes off this evening. Clinton calling trumps entire campaign, she says it was one long insult. Also calling the crowd letting them know they only have 62 days left until election day. While on stage toed, clinton attacked trumps knowledge of the international affairs. His talk of using nuclear weapons. Clinton also making a direct appeal for the crowd here talking about her plans for helping college students. Businesses. Clinton in particular went after Donald Trumps trip to mexico last week. Just last week, in a few hours, he managed to turn his trip to mexico into an embarrassi