The nasdaq on track for a 5th week worth of gains here and the dow is erasing its losses for all the year at its highest level since late february, its also having its bests august since 1984. We turn to the Investment Committee for this we have just been seeing green, green, green for it seems like weeks, if not nonts months at this point it is surprising the markets have marched higher the way they have over the last several months since the pandemic lows its not all surprising all the factors were looking at from the fiscal side, the monetary side and the virus side are lining up in support of equity just think about what happened with chair powell yesterday and the historic announcement he made about departure from the prior inflation targeting regimes to this averaging inflation concept. What does that mean . That means rate will be low, low, low for the foreseeable future we think thats two years from now. That is very support ifr five f valuations then you have this fiscal stimu
I have a Body Movement and it feels familiar. Theres been times when ive done a callback to a joker that i forgot to do, and so im doing this call back which means ill reiterate the punch line i said early on in the show. And i did that. I did it and nobody laughed, and i was like, rl hum, thats weird. I asked the audience, did i not do that joke like the blah, blah, blah . No. Never mind. Forget that. Sometimes it happens. Its a special moment with me and the audience at that point because they got Something Special nobody else for sure got. Absolutely. Were talking to comedian Angela Johnson here on many comunidad de del valle. Stay with us. She knows how to do hash tags. Shes a few years older than my dad so she thinks shes a cougar. Cougars be like [ laughter ] relax, mom. Youre like five days older. Were back with comedian Angela Johnson here ton comunidad del valle. Lets talk about your san jose roots. Talk about your time in san jose. Youre still here. 100 years strong. Talk abo
The steady snow, thats on track for late this morning through the afternoon hours and into the evening hours. Then well see some slowly accumulating snow. Not expecting any heavy snow here, but its going to be going all day long so eventually it will start piling up, especially on the colder grassy surfaces, 2 to 6 inches of snow can be expected. More in delaware and south jersey than areas north and west. Slippery travel, yes, late in the day. Right now most roads are just damp where the light snow has been falling. It has been melting on those warmer road surfaces. And you can see it falling at ocean city. Weve seen a mix of some raindrops with the snowflakes this morning. Snow will be moving back in to not only ocean city but eventually into philadelphia where were just seeing cloudy skies right now. Some light snow and flurries have already moved in to parts of south jersey and in delaware you can see odessa right now just south in southern New Castle County coming down a little he
Morning, isolated showers. Look as we get into the afternoon. Between noon and 2 00 p. M. , we start to see steadier rain across the region. And this keeps going. Well talk more about how much rain youll see in your neighborhood coming up in just a few minutes. We have breaking news this morning. An and shooting outside the correctional facility in northeast philadelphia. Randy you got an update about the guard injured during the incident. Tell us about it. Reporter yeah. We just learned that the corrections officer is now out of the hospital after being injured in this assault. His car nearly stolen in the parking lot here of the correctional facility. This is the facility in northeast philadelphia. An inmate who was just released minutes earlier decided to rob and assault the guard just getting out of work. We were over the scene last night around 11 00. Police say the newly released prisoner being held on a probation and weapons violations attempted to steal the car of the offduty o
To talk about in more detail in my extended forecast because i do think we will see some showers so i will see you in just a few minutes with my extended tenday outlook. George, back to you. Erika, thank you very much. We are celebrating americas birthday with a big party. Today is day six of the wawa welcome america festival. Nbc 10s Monique Braxton is live on Independence Mall with a look at what is in store today. Monique. Reporter hey, george. In just a couple minutes the flag will be raised here at the National Constitution center and a few feet away from that is a full scale revolutionary war reenactme reenactment. There are historians who will relive the 1776 experience and answer your questions. Y] n now, this is just one of many exhibits showcasing philadelphias role in americas birthplace. Today the National Constitution center is free to the public. Were showing you video of the fun last year. Inside youll find a 17minute theatrical performance, freedom rising. History buffs