Do we continue to see the momentum we saw in this morning . Julie we have. Thee was more velocity to momentum earlier. Stocks have been hovering at the highs of the session for most of the day with an aspect in the day. The dow up more than 200 point, the biggest oneday gain for the major averages going back to march 11. It looks like it has to do with evolving views on what the Federal Reserve is going is going to do, even though there was not news to change the perception here we have seen a riskon tonight. Look at the Interest Rate possibility using that fund futures what is the likelihood the fed will raise rates in june, 34 in july, almost 54 . Another way to look at this, blowing up this chart that is on the bottom. You can see it larger the change we have seen in expectations and the big spike up now to more than 30 the recovering view of what the fed is going to do in june, june specifically. Looking at bonds, bonds have been reflecting that view. We have been seeing more of an
Amy cutler explains to us what talbot was doing. It was hot and uncomfortable outside but imagine what it was like in the backseat of a car without the air conditioner running. Thats exactly where police say a raleigh woman left her young child. This is it copy of the Police Report alleging that 37 yearold young child in the back of her car for nearly 40 minutes. Police here said, and call for help. Employees say officers and wasted no time breaking it window in order to get the child out. It is cool, especially with the temperature in the eastern im sweating bullets with the car and you should leave them in the car like that. We first brought this to you as breaking news yesterday are lifethreatening. Steve springer joins us live at durum Police Headquarters with re. Tonightt instatre velong a new lead into that suspect after coming close to nabbing the person nvga snt t this h trt they dot particular location and we had good information to believe either the suspect was at the apartm
So. Heres whats left over. With the bigger storms. Between now and about midnight. That should do it. Comes to an end. In the wake of those storms, clouds cover. Early tomorrow morning. Couple of rain showers early. And then we approach the lunch hour well increase the clouds. Scattered storms. Youll notice past 3 to four oclock. The storms are not that numerous the the petter better chances like we saw today on the eastern plains. Watch out some of those with hail. Heavy rain and the winds. Thats the focus. For the rest of tonight, watch everything on the eastern plains. Move out and come to an end. Couple showers in the mountains early. Those lay down. And we fire off the scattered thunder and then the shift will be to the north. Southeast colorado youll get a couple. Bigger storms look to be northeast colorado. 40s mountains. 50s 60s west. And 50s with a few 60s to the south. Highs tomorrow. Another round of warmer 80s here in northeast. I think the mountains and points west right a
Business. This is cbs5 news. Thank you for joining us here at noon. Itt is shut down. Students and staff say they got, word of this over email this morning. What this,d. Ml ps for students here in the valley. This is what itt tech see in the valley notice about delivery or notice about labor day. Noin doors will never be unlocked. This morning itt announced they are closing all of their campuses all over the country. That leaves nearly 8,000 people without a job and 40,000 students wondering what are they going to do. This is the Biggest College closure ever and its happening lesslhzl . Than a week before cls were supposed to start. So the feds said any new federal grant money, federal loan money they couldnt use any . . N that money at itt sec. They decided to just close the doors. Thats leaving thousands of people wondering what are they going to do now. Im kind of stuck in limbo right now. If my credits going to transfer. Reporter now there may be n . T winners here. Anybody with a
East side. When it happened last night, some ducked inside their homes, others ran outside to try to help. Witnesses who spoke with the driver say he appeared to be in shock. He wasnt injured, but his back window was shot out, and he waited for police right here. The gunmans vehicle is described as a black, chevy avalanche. Police tell us this appears to be a road rage incident, they tell us the uber driver honked at a guy, who apparently followed him over here. Live on the east side, michele fiore, todays tmj4. Two men are charged in the killing of 32yearold shawn ostrom. A chef at the pfister hotel. 20yearold hussain sami is charged with firstdegree reckless homicide. And 45yearold Imed Chabbouh is charged with aggravated battery. Police say a fight led to the stabbing, which happened outside a bar near brady funeral for ostrom will be held monday morning in monroe. A visitation is scheduled for tomorrow. We now know more about a closeddoor meeting that took place thursday night, reg