Thanks, simon. We begin this hour with trading troubles in the market. The three big areas were focusing on macro, fundamental and technical, and dominic chu will lay out the bull and bear case for each. Dom . Theres strong and theres a lot of them on both sides of the equation. Sure. Lets talk about the macro Bigger Picture scale first. First of all, you have at least whats perceived to be some economic strength or resiliency. Maybe not robust growth. Still, in the eurozone and the u. S. , yes, i know the eurozone is stepied at best and may be slipping back to recession but its holding in there and the u. S. Holding it better than most economies out there. Thats kind of the bullish case if you want to see it that way. Take a look at china though. Slowing growth there. Growing faster than any of us out here, but, still, that slowing growth may be a huge case for the downside of chinas economic woes really deepen as the market it your miles condition. Lets take a look at whats happening
Into the river. Reporter across the river from burlington is bristol borough, pennsylvania. Over here there are no signs telling you not to go in the water. In fashgts tonl warning isfact, the only warning is about these rocks. The borough is now considering changes especially after the family of marqueese richardson spent days looking for his body which surfaced while his family was talking with nbc 10. Here we go right here. Its tragic. Reporter these signs may not change everyones mind about going in. There is always one bonehead who will think im a good swimmer, i can do it. Reporter at least they will have a fair warning. Drew smith, nbc 10 news. This summers scorching temperatures have killed a 64yearold man and an 88yearold woman in philadelphia. Thats why neighborhood block captains are reminding residents now is the time to check on the elderly. Nbc 10 spent the afternoon with alice wright of west philadelphia. Shes the founder of the United Block Captains Association in the c
No roll conditions that had drivers at their wits end. Two or three hours already. Its incredible. I cant believe this traffic. Back live now, have a look. Were told the driver of the dump truck is in Critical Condition tonight in the hospital. That is the story in elizabeth near linden where were live tonight. Meantime, let us look right now, this live picture from the ground showing crews working on the scene. Theyre trying to remove that truck. The closure still continuing to cause major delays in the area. Cbs 2s Valerie Castro behind the wheel of our mobile 2 unit. Shes stuck in the middle of the masses. Right now as you can see, were headed southbound on route 109 and traffic is not doing much more than crawling along. We havent gone much more than 10 Miles Per Hour and its been that way the last 30 minutes. Were not far from the newark airport. Southbound on route 1 and 9. We want to go to video we shot earlier today near shopper 2. Traffic just crawling in both directions, bump
Buildings that tested positive for the bacteria are the only ones effected. Gus rosendale is in the bronx. Reporter theyre telling us they believe the worst is over. There may be new cases. A call for new laws. By all accounts, streamline plastics did everything right. Monthly cleanings on the water tanks on the roof in the south bronx, but late last week the department of health detected legionella in those tanks. Weve been here since 1996 and we havent had any kind of problems. Reporter streamline, one of five buildings that tested positive. All those locations have been sanitized. City officials believe the outbreak is contained and past its peak. We expect the case rate to decline and the number of cases to fall. Reporter its unclear why the outbreak happened here in the south bronx. Doctors say legionella is a common bacteria that occasionally forms in dangerous amounts. This scare is now prompting the city to set new standards for cold water tank testing and inspection. Currently
Temperatures in the 90s, heat wave number three so far we have 21 days of temperatures in the 90s, right now 91 in philadelphia 90 in wilmington and millville. 84 in allentown, you have to go to the mountains for relief 78 degrees, down the shore are you getting a land breeze, temperatures are in the upper 80s and really down the shore this is where we have the highest humidity philadelphia and areas north its pretty dry air with dew points in the 50s, it doesnt add any to the feels like temperature it feels like the air temperature however dover the dew point is 71 degrees and a humid air mass and along the shore dew points in the 60s, more humid there and drier air is moving in in the overnight hours behind a cold front, stormtracker 6 live double scan showing we are dry across our region if you look down to washington d. C. , we are seeing storms popping up and moving to the east that could clip southern delaware and the southern tip of new jersey later on this evening. This is what