Aisle together tonight in a big meeting for tax reform. Its a push just hours from now at the white house, and airports are beginning to reopen, fuel trucks are starting to make deliveries in south florida. But in the hardhit florida keys, fema says a quarter of the homes are destroyed, millions still without power. We are on the ground with an update on the rescue and recovery effort. David well, the dow is now just about 20 points shy of a brand new record driven higher by shares of pfizer, goldman sachs, caterpillar, but the s p and nasdaq already getting the job done. Nicole petallides, we have traced back all those losses from last week, and were on our way to new highs. Whats driving the market . Im taking a look at the record close for the Dow Jones Industrial average. The record close, 22,118, looks like we beat that by a point. The s p 500, any gain there, gain would be a record. Again, we hit that as well. And watching the nasdaq as well which was close, but i dont have that
Our tenyear is at a seven month high as durables crash estimates. Earnings from dow components dragging us lower in the premarket. Chipotle sinking double digits a big miss on results last night. Amazon unveils delivery inside your door with a new Smart Security camera. We will fill you in. One day after another record high for the dow coke and boeing beating with earnings this morning. Jim, theres a lot to get to several companies with a socalled triple play meaning they beat on the top and bottom line and raised guides aance. I think that visa doesnt get enough chatter by anyone its been maybe one of the most consistent if not the most consistent company in the Financial Service and tech business once again, it blows things away i was afraid that this would be one of those where it blew it away and people would yawn but it was too good because its double digit we are seeing some quarters i went over 3m ynesterday it was a clinic, it was so good. Some remarkable numbers. We could let
Deutsche bank is said to be considering funding private equity firms to buy distressed loans. How will the u. S. Authorities react . Lets talk about the markets. Im going to do gmm first. A quick look at what is happening around the world. Japanese yen, big move. Trading 116. 01. We are seeing a weaker dollar. The bloomberg dollar index down 0. 6 . The danish krone is moving. The euro is up 0. 5 against the dollar. The dollar, despite fed fears, is actually going down. Take a look at the Commodity Markets as well. Theres a big china story. Zinc on the move today. You are also seeing copper on the move as well. Familiar to the beginning of last year. Lunar new year is coming up very shortly. The markets on the move. Heres the bloomberg first word news with juliette saly. Juliette thank you. Donald trump has picked a wall street insider to the his top regulator despite railing against the industry on the campaign trail. Clayton toinate jay head the sec. Clayton has represented Financial
Morning. Dow futures down 44. S p futures on six good lauren the shanghai composite of half a percent. Nicole federal regulators have a message for owners of the nosedive in. Power down your smartphone right now. The latest on the situation. Lauren alcoa expected to report its first jump in earnings in over a year. Nicole cleveland and his minions a step closer to the world series if they see that the boston box. Monday night football field goal put the Tampa Bay Buccaneers over the carolina panthers. Tuesday, october 11th. Welcome to fbn am, your first look at todays markets in the latest breaking news and what to expect for the day ahead. Speaker of the house paul ryan saying he will not defend donald trump opting instead to devote his energy towards maintaining control of the house. Trump fires back on twitter st. Paul ranches spent more time of illegal immigration and not waste his time on finding republican nominees. Republican National Committee chairman says the rnc and the camp
Our state and other battleground states. Plus murder mystery in a bay area neighborhood investigators found a womans body and residents are on edge. Good morning and welcome to news channel 8 today. Lets start off with a check on the weather. It is a warm start to this thursday. It is already 63 in zephyrhills and brooksville. 67 armadale. 71 sarasota. A thin layer of ou notice we have a couple showers coming in off the atlantic ocean, even maybe a sprinkle in sarasota county. Otherwise say we have a high of 84 which is above the average of 81. We have a low tonight at 68. At 5 38 i do have an eightday temperature trend letting you know how much cooler it will get this weekend. Leslie will let you know what is happening on the roadways. But we do have some issues out there. No delays on i 40 near the plant to be area. 60 minutes between each of the polk parkways. Wesley looks good and so does Wesley Chapel looks good and so does i 75 near the area. No lanes are blocked and we dont have