That we should see an increase in the strength of these storms. Thats whats happening and thats why the severe thunderstorm watch has been extended into the philadelphia area and new jersey. The flood threat for tonight is actually less than it was yesterday but a lot of lightning and also a lot of high winds. Those are the main threats. But we still have some threat of some hail and even a tornado or two in parts of the area. Lets check in with meteorologist Sheena Parveen for more on exactly what to expect the next few hours. The reason why that watch is going so late is because of all the heat and humidity in place and thats what you really felt today. Temperatures still climbing through part of the area. Thats what will help fuel a lot of these storms as they move in tonight. 85 in philadelphia so we have gone up a couple degrees in the past hour. 85 degrees in reading, parts of delaware still at about the upper 80s and as we go into tonight, those temperatures will start to drop a
On social media. This happened at 9 pm in akron on bloomfield avenue. Im going to shoot them. Reporter we are not aiming are showing the face of the 15 yearold boy but during several long and just moving . Disturbing videos he waved a rifle and 9 mm handgun points them to a window and fires. First the rifle. [laughter] reporter then the handgun and knocks him reporter the tenet seems to find the gunfire amusing and covers the window with the curtain. We can try again later. Reporter this was not a laughing matter to tonya watts. She was stunned by the sound of bullets striking her home. If you are sitting there and you are watching television and his grandma and apparently was home alone. The fact that the team recorded the shooting on Facebook Live is outrageous and callous to tonya. He must be in idiot. Reporter the boy arrested on weapons charges in the please of china figure out where he got the guns. The serial number will be recorded and checked for stolen and charged with receiv
Markets. The market closing at another high. A move thats got everyone scratching their head. Earliee today, howard hudnick, brought up what could be the reason why. Its a riskon world. If im going to retire some day, ive got to make some money, what am i going to buy. Im going to buy stocks. And he might be on to something. In fact, take a look at this chart, courtesy of bank of america. The number of people over the age of 65 is growing. And growing fast. Thats the orange line there. Could it be that in a world with no yield, there is no alternative to stocks. Brian kelly, the biggest bear listen, thats my biggest fear. Everybodys worried about the market falling apart. My fear is we get some kind of a meltup. It looks like were starting to have that. That chart that we just showed there of people getting older, to me that ultimately is the biggest bearish case for the markets. Ultimately the people are going to retire, start drawing that income. But between here and there, maybe tha
And duhram county are included. Lets get straight to those temperatures right now. We are at 91 in raleigh, 91 in durham, 94 and pay a bill, 87 and sanford, but it is the heat index that your body recognizes. It feels 5105 in southfield, 102 and raleigh, lillington and they appeal is 102 it will feel like one of five at times or hotter. Actual temperatures should be close to 95. We will be back to 93 x 6 p. M. Isolated storms through that drive home. By daybreak tomorrow we should be in the middle 70s. I will have a closer look at the rest of your work three forecasts and where was he a the murder case that has captivated not just the triangle, but people around the world for 15 years now is back in the headlines. Michael peterson accused of killing his wife is inside of a durham courtroom right now. We have been inside all morning. Justin, bring us up to speed. This is Michael Peterson faces a retrial. We want to show you video of Michael Peterson waited before the Court Hearing began
Good thursday morning here on squawk alley. Also this is insider ceo. Henry, good morning to you as well. First up we are following the latest out of Cape Canaveral florida where a spacex rocket fought fire and exploded. No injuries reported and no threat to the public. The rocket was a Spacex Falcon 9. The fire and explosion resulted in a complete loss of the rocket and its payload which was an israeli communication satellite. It sent a thick plume of smoke into the air and caused a blast felt several miles away. It was caused by what it is calling an anomaly during a static fire test. Henry, how much does this set back the ambitions of spacex . Or is this just a natural occurrence for a company trying to do something very difficult. Its a natural occurrence. Elon musk said rockets are tricky. All the Space Exploration companies they all had these set bac backs. It reinforces the idea that when youre working on these engineering problems things can go wrong. Look at tesla and the issu