Storms. Flooding possible. Highs in the upper 40s and lower 50s thursday windy with highs in the middle 40s. Power outages possible due to strong wind. Light snow rain showers for the highest elevations in our western counties mainly west va counties and counties boarding west va friday breezy with highs in the lower 40s. Light snow rain showers for the highest elevations in our western counties mainly west va counties and counties boarding west va saturday mostly sunny with highs in the upper 40s sunday sun clouds with highs new this morning. An Investigation Continues after a homicide in roanoke. It happened just before 5 block of westwood boulevard northwest. Roanoke city police say a man was killed. Officers are gathering evidence and interviewing witnesses. Police have not yet made an arrest. If you have any information, youre asked to call police. New overnight. Danville police are investigating a homicide. Just after midnight. Police we called to the 2hundred block of halifax st
Dip on concerns it cant maintain the momentum. Jpmorgans jamie dimon outlines his take on the brexit in his annual letter on the outcomes of an eu vote. Large and potentially unknown. Welcome, it is countdown. I am manus cranny. Lets get into the clear message the fed wants you to get. There will be a rate hike this year, a dovish janet yellen, the minutes confirm everything we heard, and mr. Bullard says there is a debate, but if you look at wrip, a rate hike in the usa, that is not on the cards anytime soon. By december, 53 . The dollar is down. That is the message from the fed. Get it and get it clearly. Global concerns will trump the domestic issue. The s p had biggest rally. , the biggest rally in almost four years. What you have here is volatility dropping. There is another story, 1 trillion worth of stocks being shorted. What happens at the u. S. Equity market really takes flight. As talked about dollar again this about dollaryen. The dollar lost 6 since the fed raised its rates
Business, microsoft going into the cloud. This week we are looking at more of the retail channel which is apple, which expectations are so low, could very well turn and stock is dirt, dirt cheap. Im looking at buy for the first time in a long time. Linkedin is also more on the retail channel, jobs and so forth. They are two different worlds of tech. That wont matter. Tech as an umbrella has been bad. You look at the performance last week, alphabet down six, ibm three, amazon three, Hp Enterprise down three as well. Does this turn this week or get wor worse . What we are seeing, we talk about rotations all the time. Maybe this is what we are seeing, rotation within tech. Microsoft up 24 in the last year, google up over 30 . When you look at intels numbers, this stock was trading in the very low, towards 30, actually right after earnings, then flipped around by the time we opened the following day after earnings. Stocks moving into positive territory and holding on to some of the gains.
Weekend in doha apotentials from the Worlds Biggest Oil producers are gathering for what some call one of the most important discussions in recent memory. The goal, to reach an agreement that would limit output. If that happens it would be the first step in carbon production that has resulted in a glut of oil worldwide. Has thrown companies into bankruptcy. As brian selvin reports, reaching a deal wont be easy. Reporter a global game of political intrigue with hundreds of billions in oil dollars on the line. Major oilproducing nations gathering in doha, qatar, sunday to try to win a deal to stabilize or possibly even cut global oil production. The world is Still Producing 1 Million Barrels per day more than it needs. Even with american output falling this year. Ful the countries attending the meeting face a catch22. They desperately need higher prices to fill their budget holes but they cannot risk slowing production because they need every dollar they can get. The biggest conflict com
Weekend in doha apotentials from the Worlds Biggest Oil producers are gathering for what some call one of the most important discussions in recent memory. The goal, to reach an agreement that would limit output. If that happens it would be the first step in carbon production that has resulted in a glut of oil worldwide. Has thrown companies into bankruptcy. As brian selvin reports, reaching a deal wont be easy. Reporter a global game of political intrigue with hundreds of billions in oil dollars on the line. Major oilproducing nations gathering in doha, qatar, sunday to try to win a deal to stabilize or possibly even cut global oil production. The world is Still Producing 1 Million Barrels per day more than it needs. Even with american output falling this year. Ful the countries attending the meeting face a catch22. They desperately need higher prices to fill their budget holes but they cannot risk slowing production because they need every dollar they can get. The biggest conflict com