Today. With the dow jones average skyrocketing 530 points, s p 1. 32, nasdaq 1. 72, one point before more saber rattling with china. All sorts of beaten down stocks, though, were higher. While the covid19 winners, well, they got slammed theres just one tiny problem with this action we dont actually have a vaccine. Does that mean the stock market is getting ahead of itself lets unpack the issue first this rally is based not just on hopes of a vaccine but a firm belief that the whole virus problem isnt nearly as dire as we thought a lot of people feel it has been blown out of proportion by the media, and the president s right, the people feel the president s right when he says we should open up everything betting on a vaccine makes sense. Since the beginning of the pandemic they warned us a vaccine would take a long time the fastest was the mumps which took four years. Every day were bombarded about another attempt to end this nightmare. Today we heard merck is working on a Magic Technol
News. We dont even have a border. People are flowing through like water. Hillary will be a disaster as president. Jeb bush will never take us to the promise land. This morning, what else trump has to say. And pop star problem. Ariana grande under investigation for licking doughnuts and under fire for saying she hates her country. Shes apologizing today, thursday, july 9th, 2015. And good morning. Welcome to today on a thursday morning. Hoda is in for savannah once again. Good to see you here. File it under things you never want to say aloud. Hard to tell whether she was talking about the doughnuts and how big they were. But you dont know. She was supposed to be part of the allstar celebration for Major League Baseball. Thats been canceled, pull out of that now. Looks like demi luvotto will take her spot. Our top story on this thursday morning, the governor of South Carolina calls it a new day in her state after a historic bill to remove the Confederate Flag from the grounds of the stat
A look look at the european Equities Trading and were 30 minutes away from the end of the monday session. Stocks are holding on. Look whats happening in spain, no big impacts on equities from the governments plan to take over the administration of catalonia, the best up 2. 8 and sterling up ahead of the b. O. E. Meeting this week when its widely expected to raise Interest Rates for the first time in a deak. Bond yield are falling commodities and your final two columns today, i want to get to novartis shares who agreed to buy advance accelerator applications, 3. 5 billion in cash, forming up a Pharmaceutical Company whose drugs are used to diagnose and treat diseases such as cancer and novartis head Joseph Jimenez is stepping down after eight years at the helm and announced 30 billion in deals the last four years, the Company Hunting for assets to bolster its business in areas away from cancer, cardiovascular disease, and more m a is considering a merger with u. S. Rival exeltor Coating
Hold off until later in the morning. 51 degrees in philadelphia. 40s in allentown and reading. 49 in trenton, 49 in wilmington. 62 in he sea isle city. Not real breezy, cloudy and cool, dress for temperatures in the low 50s between 6 and 8 00 a. M. As you head out to start the car or catch the bus or train. Through the midday hours there will be a period of two or three hours it could be damp with light rain coming through. 60 by noon, hours around. 3 00 p. M. Most of the showers are wrapping up, by 6 00 i should say 58 degrees. The high today is 63 degrees. It will be the 3 00 p. M. Reading. Bluster winds build in later today and tonight and kick in tomorrow, karen ill have the details on that coming up in the seven day. Well feel the change, dave. As we look live on the schuylkill expressway it is westbound a live look at the schuylkill expressway at passyunk as you head toward south street you want to watch we have a disabled tractortrailer, police on the scene they are blocking the
Plus a look at some of our foggy locations this morning. Now Julie Grauert will live drive time traffic. Julie, how are we doing on the roads this morning. Shiri, still a really nice, mellow time to head out on the roads. 93 south moving along fine from the cloverleaf to medford and somerville. Pikes looks good from framingham throughout weston tolls. This is what you will see through brighton. Live drive times to help you plan your day. 1 minutes on 24 from 106 to 128 128. 19 minutes from 495 to the nine minutes on the expressway from the braintree split to the pike. Sara and gene, back to you. Sara all right, julie. We begin with breaking news ca continue toton where Large Police Presence has shut down a major road in town. Gene Jessica Reyes is live on washington street. Reporter good morning to you, gene. Well, this is all breaking within the last hour, hour and a half or so. But you can see right here that police do have washington street and canton blocked off for a situation goi