Just how long can this last . The dow is up 6. 5 , the russell up 15. Is this getting ridiculous . I love its been rotation and we had a broad participation. That was great. We saw volatility down to the 52week lows and we started to bounce off that as well. People are looking and joe and i were talking about this, the volatility starting to come back in, scott, from the lower end of the 11s. When you look it at the oil index which we talk about here, it was 55 november 29th. Its in the low 30s. That gives you an idea how much volatility is coming out not just the s p but you look at oil as well. Dr. Parker, i presume, welcome back. Good to have you here. Whats your view on the rally . Im blinded by everybodys rings. Welcome back. The sweep has been a big change. Now were looking at the opposite which 2017 is a year you have this tension between rising earnings and lower multiples and so i think its going to be an inflation trade at some point. Im mindful of that. How about we talk abo
That is right. It is our friday. My friday too. It is. Yes. Okay. Well, were looking okay, dry, a lot of construction, down wires as well we will talk about that in a little bit. Weather is quiet but we are waiting on a arctic blast, giving us our coldest weekend so far 36 degrees in philadelphia. Down in the zeros in million will. Thirtyone mount pocono. Win are calm to light at all of our reporting sites. That will change into the second half of the morning that breeze will start to pick up giving us a receipt i hearty wind chill factor as we head into lunchtime. By 12 00 oclock we are at 44 degrees, sun behind breaking out but feel like 30s with the hearty breeze. As we head in the second half of the day, case clearing up heading home, 41 degrees but feeling much colder then that and this is the start of our arctic blast, we will be cold tore day for High Temperatures, up colder tomorrow and yet, even colder, by saturday, with High Temperatures likely not escaping the 30s, so we wil
The dow yesterday. But these were some big swing as people were trying to digest what this means for potential for a hike. If we can. We can look at the prior day at some point. Watch the tick by tick for the day. I thought i saw most of the swings. Before too, yeah. Maybe it is going to be a monday up, tuesday down, wednesday up theres the tick by tick. But it was a fairly erratic day. By 210 it went from up over a hubs or 2 15 it was down over a hundred. Well continue to talk about this today but it does look like june is potentially a live meeting at this point. Also crude oil this morning. Another big swinger yesterday. Ended down after being up sharply. Down 2 . Lets talk about our top story this morning. An egyptian plane carrying 66 passengers on crew on a flight from paris to cairo disappeared this morning over the mediterranean. It was flying at an altitude of 47,000 feet when it disappeared in egyptian air space at 2 30 a. M. Loik local time. Hadley gamble joins on the squawk
The city of nice after a truck ran down people celebrating bastille day. Michelle with the latest. Reporter new footage shows the truck that killed 84 people filmed by a freelance journalist. The 28 ton truck with hand grenades plowed through on the french riviera. People jumped into the sea while the semi moved more than a mile on the boardwalk. Police shot and killed the attacker and theres video obtained by the Associated Press that appears to show the moment when it happened. The u. S. State Department Said two americans are among the victims of the attack. Nbc news reports they are 51yearold Sean Copeland and 11yearold from texas. They were on vacation. Two Police Officials tell the ap that identity papers alongside the attackers with 31yearold frenchman of tunisian origin. No known connection to terrorist groups, not yet, at least. Eight months and a day after suicide bombers killed 130 people in paris. Michelle crusoe cabrera. Thank you. For more, the paris bureau chief at the f
To that vote. They have turn into small losses for the industrials. Down ten points. Nasdaq holding ton a very slim gain of about 4 at 4847 and the nasdaq is higher by 1. 6 . Lets kick it off with the first of those bs and that is the brexit vote countdown. We are just 12 hours, 59 minutes, 11 seconds away from the vote opening up in the uk. The polls do seem to show rather even split for stay or go. Perhaps the market and the wisdom of crowds is selling more of a stay story. The uk stock market having a great run lately. We pointed it out yesterday. Were up again today. Four days in a row of gains for the uk. The banks doing especially well. Barclays, for example, up 10 over the past week. Some of the other ones, lloyd banking group, prudential have also done very well. Lets look at the british pound. Its been on fire lately. In fact, a few days ago the pound had one of the best days in a decade. As you might imagine, were going to have lots more coverage of this brexit vote you might