Weak so far. The dow and s p 500 even with those losses on wednesday are on pace for the best week in five nasdaq with the biggest week in seven weeks. In morngs ding dow futures up b5 points, s p up by 3, and the nasdaq up by 6 overnight in asia, the nikkei ended up just slightly. Up by 27 points. The hang seng by a half percentage point in europe this morning, with some of the early trading, it looks like the dax is up by 0. 3 the cac in france up bay half percentage point stocks are slightly weaker in london, but italian and spanish stocks are in the green. Also look at crude oil prices. Crude jumping on wednesday by 2. 1 , setting a 2. 5year high. It was sitting at 58. 02. This morning were up again, 63 cents higher to 58. 65. A couple of corporate stories were watching Teva Pharmaceuticals will lay off thousands of employees in israel and the United States they will be reportedly sending termination letters to 10 of its 10,000 employees earlier this month we heard teva said it wou
At home and they will be headed to the super bowl. The entire region will nodoubt explode in excitement if we should say when it happens. Our meteorologist chris sowers has the favorable weather conditions, bob brooks is with tailgatetors at fdr park and jeff chirico has huge security measures into place. Lets begin with chris. The birds wont have to battle the cold. No they most certainly will not. Temperatures are already warmer than they were all of last weekend when we had the eagles taking on the falcons. That temperature during game time was somewhere below 32 degrees with wind chills in the teens. Its already 40 in allentown, 40 for cape may, Atlantic City 41 and wilmington is showing 35. Were going way up from there with a lot of sunshine to start or at least some sun, filtered with an increase in clouds as the day wears on. You do see rain popping up here trying to press forward into the virginias. All of this activity stays out to the west. This should be a dry game. Mainly c
Can you say nitro brew on the money starts right now. Announcer this is on the money, your money, your life, your future. If youre looking to buy a home and need to take out a mortgage, beware, its getting more expensive Mortgage Rates have been on the rise since the start of this year and have really been taking off in the last week, but will they continue their climb and what does it mean for home buyers and seller this is spring diana olick has some answers. Reporter the timing couldnt be worse just as the spring Housing Market kicks off this president s day weekend Mortgage Rates are moving higher faster and buyers were already facing higher prices amid strong competition. Theres simply not enough homes to go around for people looking to buy them. Reporter this half Million Dollar denver home went on the market on a thursday and already had three offers by monday with nearly 100 people touring the home in between. I thought i was at a higher price point where it would be easier for
Your future. If youre looking to buy a home and need to take out a mortgage. Its more expensive. Mortgage rates have been on the rise since the start of the year and have been taking off in the last week. Will they continue the climb and what does it mean for home buyers and sellers this spring in our reporter has answers. The timing couldnt be worse. Just as the spring Housing Market officially kicks off this president s day weekend. These are steep prices. Mortgage rates are moving higher. And buyers were already facing higher prices amid competition. There is not enough homes to go around for people looking to buy. The half Million Dollar denver home went on the mechanic on thursday and three offers by monday with nearly 100 people touring the home in between. I thought i was kind of at a higher price point where it would be a little bit easier to get a place without competition. But i put down two offers and both times been beaten out by cash offers. Another bedroom here. Now risin
Your future. If youre looking to buy a home and need to take out a mortgage. Its more expensive. Mortgage rates have been on the rise since the start of the year and have been taking off in the last week. Will they continue the climb and what does it mean for home buyers and sellers this spring in our reporter has answers. The timing couldnt be worse. Just as the spring Housing Market officially kicks off this president s day weekend. These are steep prices. Mortgage rates are moving higher. And buyers were already facing higher prices amid competition. There is not enough homes to go around for people looking to buy. The half Million Dollar denver home went on the mechanic on thursday and three offers by monday with nearly 100 people touring the home in between. I thought i was kind of at a higher price point where it would be a little bit easier to get a place without competition. But i put down two offers and both times been beaten out by cash offers. Another bedroom here. Now risin