Haven assets. Gold rallying hard again today, jumping 2 , adding to this years gains. A big move in the tenyears. Investors start piling into the bond market. The yield back below 1. 8 . Are we seeing signs of the merge, and could it spell trouble for stocks, guys . Lets address each one of them. Utilities are doing well. Dans talked about it. People looking for yield. Lets back that one out. Gold has not sold off in any real way, shape or form over the last week or so, like it should have if in fact it were still in a bear market. The gold market is still intact. It feels like it wants to go higher. The bond market is a bounce in what was probably an oversold condition. We went to 1. 55 yield. Spiked back up north of 180. This rally in the bond market makes a lit bit of sense. I thought the encouraging thing was the fact that all the x gets under pressure. It feels like were putting a bottom in the oil market, despite the fact it went lower today. I think the ovx is telling you that t
Falls. All lane were shut down while crews cleared the scene. 5 00 a. M. Now to a developing story. Theres just one hour until verizon employees plan to walk off the job and on to the picket lines. More than 36,000 workers are promising to strike after months of working without a contract. Two unions, Communications Workers of america and the International Brotherhood of electrical workers represent verizon land line and cable workers from mass pass to virginia. The unions say that verizon wants to freeze pensions, make layoffs easier and rely more on contract workers. Verizon says with higher medical costs, there are Health Care Issues that need to be addressed. Verizon says it also has thousands of nonunion employees trained and ready to fill in. Also new this morning, a major milestone in the fight against cancer is happening right now. The university of pennsylvania is part of an elite group of Cancer Research centers taking part. Nbc 10s katy zachry is live for us outside the Abra
I built a little 100milliwatt transmitter which will reach like three houses around your house. I had a record player, is very into electronics, is a ham Radio Operator when i was 13. I built a little Radio Station and i did that at home when i was a kid. When i was 16, i got a job at msu and brody hall and the Radio Station. This is a a major dorm that had a Radio Station. I did that for about six weeks, made a tape and got a job at w itl, w itl lansing michigan, which was a country western station. Number one station in lansing. I was a weekend dj and i thought, i hated Country Music and i discovered that i absolutely love Country Music. I was a teenager in the 60s and was like rock n roll or nothing. I worked there for a year and then did an online show, did top 40, then went back and did news for seven years. And then i got out of that and in 2002, november 2002 in thanksgiving were living in for mark, i joe back to michigan with to visit with my wifes family and all of the way the
About that awful cowboys game for five minutes. Lets glynn are begin with glenn hurricane schwartz. Too bad football isnt played around here very well. Clouds increasing across the area. Its a dry start to the day and week, but you can see the clouds advancing from the west, there are some showers heading into virginia. So its not out of the question there could be a couple of showers in parts of the area later today. More likely tonight. 62 degrees in philadelphia now, 52 in allentown. 55 in pottstown. So it is a pretty cool start to the day. Its not going to warm up a whole lot. Weve got a wind out of the northeast, we have mostly cloudy skies and by noon were only 69 degrees. Ill have the sevenday forecast and see if its going to warm up and look ahead to the big weekend coming up with the sevenday in a few minutes. Were watching out for a cleared accident scene on 95. Around girard avenue we mad a backup on the southbound side around girard, cleared out of the way so you can see tr
You are trying to get in, out and around philadelphia the city prepares for the pope. We have another warm day ahead of us, cooler temperatures are on the way if time for the popes visit. Its 6 00 a. M. Good morning, this is nbc 10 news today, im tracy davidson. Its throwback thursday. Its cool out. Lets go to nbc 10 Brittany Shipp with our forecast. It is a cool start to the morning. The temperatures are either in the 40s, 50s or 60s. Its still cool across the board. Well warm things up nicely above average for us. It will be another summerlike day in fall. Satellite radar shows clear conditions. Well see lots of sunshine, heading into the rest of today and a few little clouds moving in south jersey, right along the shore, our current temperatures at 48 degrees. 58 in philadelphia. 55 degrees in wildwood and 53 degrees right now in trenton. So again, a cold start, taking the kids to the bus stop, make sure they have a jacket. They will definitely need it. Our temperatures will start o