Julie has been keeping an eye on all the movers. Julie right now, we are seeing it come up a little bit. The dow was only off by 16 points but nonetheless we see it hold onto gains earlier. Were not on track for another record fall with declines across the board. What is going on . The groups on the move, much more red on the imap. Financials of the worst performing Group Contributed to the declines. Tech one of the biggest laggards right now. Citigroup, turned the lower after initially opening higher. Revenue matching estimates. Weaker than expected results in consumer banking. Wells fargo matching estimates but reported some weakness in mortgage banking, a large part of the overall business. That is contributing to the declines overall putting pressure on the financials. We are also watching the travel stocks. No suffering from a downgrade. Delta air suffering from a downgrade. It is weighing stocks overall. Shery ahn how did the retail sales data affect the dollar . Julie we had Con
Well touch real quickly on a story weve been covering an incident in the financial district of the city. There was some sort of explosion underground on bush street. A manhole cover blew up. A lot of Fire Department responding. If you know someone in the financial district you hear sirens or a see a lot of activity thats whats going on. No one has been hurt, theyre still trying to figure out what happened. Whenever i walk around the financial district that story comes to mind when i go over manholes or vaults i think it was outside the ralph lauren store a few years ago. Nothing like that but it is an underground vault. Looking ahead to Donald Trumps speech on immigration today. Well talk about that in depth. But first we start with news from overnight and the questions lingering about what caused a bus to crash last night in san jose. We just spoke to the chp, anything new . Reporter theyre checking to see if this company the Tour Bus Company medina tours on 7th street is up to date o
Be restored here, because its not just a one transformer job here. And as crews take care of the larger outages, a repair might restore 12 customers instead of 12hundred. So theres plenty of work ahead before everyone has power again. Live in roanoke joe dashiell wdbj7 thousands of people in our area are on day two of no power, and they want to know when its coming back. Appalachian powers teresa hall joins us now by phone, with some answers. Good afternoon, teresa. Kimberly mcbroom wdbj7 first, lets get the updated number of power outages, and which areas are still the most affected Kimberly Mcbroom wdbj7 it seems that the Roanoke Valley metro area has had the biggest chunk of outages since the beginning. Why do you think that is . Kimberly mcbroom wdbj7 as people are waiting for their power to come back on, are there any things that Kimberly Mcbroom wdbj7 if you do have an outage, do you just need to notify apco once, or checking in with the company . Its now been nearly 24 hours sin
Came out. We saw stocks declining and that turned around just an hour ago. We had a big beat on the top line. The big miss came from the gain or lack thereof in average hourly earnings. Right now, we are seeing a gain in stocks. Take a look at the s p 500. We were lower at 10 30 or so. Commodities come energy and material stocks leading the gains we are seeing right now. Haveems to not necessarily as much to do with the job support as the moves we are seeing elsewhere in the market. If you look at the biggest ,ercentage gains today Chesapeake Energy gaining once again come 80 now over the past three sessions. Today, weveins been talking about its cooperation in the investigation late founder the of the company. Hewlettpackard beating estimates with its first earnings report. Copper and gold benefiting from what we are singing commodities here. Rising to the highest weve seen alix chesapeake was under two dollars three or four weeks ago. You can look at the gain in oil as well. More tha
Dig deeper into oils impact Going Forward. Going in Different Directions which is very unusual, definitely what we didnt see in the First Quarter. Costco starts its deal with citigroup today. What about former partner American Express . We have both sides whether one of the biggest losers can turn things around. The yahoo brain drain isnt over. Details on the latest executive to leave the struggling Internet Company coming up. Shares of tesla are popping after the company unveiled the model 3 last night. Preorders have soared past expectation and elon musk took the stage to unveil teslas new product. Even the base model 3 will do zeer ro to 60 or 0 to 100 in less than six seconds. [ applause ] at tesla we dont make slow cars. In terms of range, the range will be at least epa rating of 215 miles. All model 3s will have autopilot hard ward and 3600 super chargers worldwide and about the same number, about the same number of destination chargers, thats present day. By the end of next year