Earlier down about 0. 1 . Not so long ago down 0. 4 percent and perhaps of the continuation of yesterday selloff and loss of uncertainty to deal with and the headline that vicechairman of the Federal Reserve resigning and looking at that on the market in a moment. In terms of the underperforming relative to the nasdaq and it has the higher momentum stop that react more so on a risk offer and today is not really risk off but you would think so. Look at apple down after yesterdays 1 decline. Investors taking profits on one of this years top stocks and expedia is lower by 3 after , loadedvo trivago their full year profit. Nonetheless, one of the big drags and tesla is down more than 1 after nissan has released its first refurbished electric vehicle and seven years saying they will double cells and giving tesla a bit of a decline. An intraday chart and we are going to see the trend is down. This is about a 7 range and not too big. When the announcement came that Stanley Fischer is resignin
It has done a loop from going west southwest i was on it on friday night due north at 7 miles an hour. Here is the track. I think one thing of note. On the track that was issued a few minutes ago is that the bend to the west northwest or the northwest, why is that, why is that turning this way . The reason is simple. There is a big blocking high over bermuda be stronger than we earlier anticipated and the high you know kind of acts like a block and the hurricane goes around the high. The high is stronger and nudges the hurricane to the west. Thats what the models are picking up. And half of florida is in the cone. One thing of note this is thursday in the bahamas, this a side is the much, much preferred side than the east side. Even if this was to verify the worst we would get here is a windy couple of days, 35 Miles Per Hour winds and be manageable the problem is that if it comes up the spine of the state or get close to the immediate east coast. Thats a thing to watch the shift, as o
Winds to stop too, thats what is an issue today. Danielle grant is joining us from the back yard. Bright blue skies, lots of sunshine, its been nice to see but, gosh, the winds are picking up again in the back. I think its going to be worse in and around the front range, foothills and out to the high country too. You can see right now over looking downtown denver, just beautiful, bright, blue skies, a couple of clouds overhead, gorgeous with this fresh coat of snow on the ground. This is what im talking about with those winds, 18mileper hour gusts up in the northwest in boulder, 17 in broomfield, we are in that 20mileperhour range from nederland south towards better berthid pass. 27 in longmont, up in the foothills about two below, what it feels like when you step out tabernash. A couple of flurries coming in with the northwest flow. Weak disturbance, our storm system that brought this big time Winter Weather to our back yard is now plowing parts of the midatlantic states, Severe Weath
He released this Statement Today reading in part, we know that we must be prepared for the worst even as we hope for the best. Jim also late breaking, charges against a Central Florida man who is accused of starting a fire that killed his stepson have been dropped. Luis cruz was arrested in polk county in september. At the time, investigators thought he intentionally started a fire inside a mobile home at the Lake John Motel near oakland that left one child seriously hurt and another dead. He was charged with arson and attempted murder, but now the state Attorney S Office says there s not enough evidence to move forward. We re learning more tonight about a shooting last night near an orlando apartment complex that left a teenager dead. Police say 19yearold jacob almond was killed and another person is wounded when gunfire erupted last night at the serrano apartments on cyprus woods drive near kirkman and conroy. Wesh 2 s Michelle Meredith joins us live from the scene. Michelle, you spe
Defying neat explanations. Polar vortex . Not this year. Bipolar market, you bet. That pretty much explains january. On this final day of trading for the month stocks in a deep funk for much of january, roared higher. Dow jones industrial average rallied 396 to 16,466. Good for the indexs best percentage gain since august. The nasdaq climbed 107. The s p 500 gained 46. Todays drivers were an Interest Rate cut in japan and weaker than expected Economic Growth data in the u. S. Taken together those two factors suggest that american Interest Rates may move little, if at all, for many months. Todays strong finish merely masked a mostly moribund month. This january will be remembered for producing the worst tenday start to a year ever. The plunge in oil prices, big stock losses in china, fears of a global slowdown gripped the market and sent shares sliding. And the final tally for the month, its ugly. The dow lost 5. 5 , worst january since 2009. Nasdaq off 8 or so, its worst showing in any