Testimony. The focus, the economy, which as you probably know has experienced an unexpected dip of late. One issue sure to come up is the uk referendum later this week whether that country should leave the European Union. That vote happens thursday, ending a Bitter Campaign between the leave and the remain camps. But today u. S. Investors voted to stay in stocks, that is. The Dow Jones Industrial average rose 129 points to 17,804. Nasdaq added 36. The s p 500 was up 12. Bob pisani has more. Reporter its going to be a busy week capped off by the brexit vote in the uk. Brexit has traders confused. Its gotten more xlakted than stay in or out of the European Union . Markets seemed to move toward the idea the uk would exit the European Union and stocks were down. The greatest surprise then would have been if the vote was to stay in the eu, markets would have rallied. Thats reversed, the market has rallied on the belief is uk is likely to remain in the eu and its likely at least part of the
Testimony. The focus, the economy, which as you probably know has experienced an unexpected dip of late. One issue sure to come up is the uk referendum later this week whether that country should leave the European Union. That vote happens thursday, ending a Bitter Campaign between the leave and the remain camps. But today u. S. Investors voted to stay in stocks, that is. The Dow Jones Industrial average rose 129 points to 17,804. Nasdaq added 36. The s p 500 was up 12. Bob pisani has more. Reporter its going to be a busy week capped off by the brexit vote in the uk. Brexit has traders confused. Its gotten more xlakted than stay in or out of the European Union . Markets seemed to move toward the idea the uk would exit the European Union and stocks were down. The greatest surprise then would have been if the vote was to stay in the eu, markets would have rallied. Thats reversed, the market has rallied on the belief is uk is likely to remain in the eu and its likely at least part of the
Project neonmeant to ease traffic but its likely going to cause some headaches on the road before things get better. Mauricio Marin the ramp bridge that goes over symphony park avenue is about 20 years old and needs to be torn down to widen interstate 15. Heavy equipment is already on site for crews who will have 36 hours to shift two lanes eastbound. From thereeven more work continues with the bridge scheduled to be demolished next weekend. Which means drivers will have to find other ways to get onto 15south from the 95 south for new bridge is completed. Ndot officials tell us crews will be working around the clock to get the job done this weekend. tony illia ndot we are confident we have been planning and preparing for it and were ready to do it. We find this creates the least amount of Public Impact while still getting the job done and making the necessary improvements. Mauricio Marin ndot suggests alternate routes like getting off on valley view, rancho or even mlk from the 95 then
To the 15. This is all happening to start the demolition process of the bridge portion of the ramp that goes over symphony park avenue. tony illia ndot essentially what were doing is creating a patch. Shifting lanes to the east and going to have some dirt infill and build sort of a temporary road that will keep traffic flowing. Once we get that done we will come back next weekend and demolish that bridge. this is just the beginning. The bridge is scheduled to get torn down next weekend. From there the detours will stay in place for about four months until a new bridge is built to fit as they widen the 15. Mauricio Marin ndot Officials Say crews will be working day and night this weekend to ensure it gets back open 10 in the morning sunday. Reporting live. Mauricio marin. 8 news now. Denise Valdez route to get to work or back home . Mauricio Marin ndot says once project neon is completed it should help reduce traffic by nearly 30percent. And even help make the area a bit safer to drive
Broadbased advance in todays session and all the major averages are trading higher. Discretionary stocks led the games today and some of the Energy Stocks up and coming back as well. Are seeing Consol Energy and Chesapeake Energy and transocean which fell yesterday coming back in todays energy in todays trading. These are some of the worst performers this year. Iran a ranked returns number so Chesapeake Energy is the worstperforming stock this year, falling 79 . Sometimes you see this rotation and to some of the worst performers at years end. Happens as weat get into it to 16th in scarlet what about oil itself . So much of the rally has been driven by the direction of oil. Julie oil is up today so that helps explain whats going on in stocks. It looks like the outlook for stockpiles in the u. S. On a weekly basis is for them to have fallen for a second straight week. The government is at with numbers tomorrow but we tend to see movement in the oil ahead of that so the drawdown in invent