We are seeing the dow and is picked s p 500 in negative territory. Lets get the latest from julie hyman. Julie we have stocks pausing as at these levels and going sideways at this point after the dow and s p earlier touched records. It seems as though there is a drag from the bit from the material stocks. That is the group that is doing the worst. As we have had stocks continue their rally, we have also seen bond yields creep up a little bit. Dividendmeant the yields of stocks is no longer as competitive with the dividend yield of the s p 500. That is the whitehall im. It is looking at the ratio between the two. You are seeing what it is looking like for japanese stocks. This is the first time we have seen that yield for the s p 500 ,elow that of the bond yields the First Time Since 2011. Interesting phenomenon. Those taking a look at Telecom Stocks as we await the verdict from the sec on Net Neutrality. As we heard shery talking about, that meeting has been adjourned temporarily. You
Dozens of people were on hand to welcome the officer home one final time. Reporter people are feeling shock and disbelief and empathy for this fame family tonight. Many people came here to pay their respects. Firefighters saluted overpass over overpass. They did this as his body was transported to the hometown of tracy. Desalu for the 33yearold died while serving his community, people who did not know the officer were touched by this. It is very sad for this time of the year, i feel for the family. I just wanted to pay my respects. Does hearing about this and i think about their family and what they must be going through. I cannot imagine what theyre going through right now. Reporter ironically, the officer was out for the the csp maximum enforcement peer it for new years eve Christmas Eve to protect the public from drunk drivers. His seb was parked on the side and a red cadillac crashed into the side of it and killed him. The 22yearold hayward man behind the wheel of the cadillac was
Just keeps happening and no one really is saying like much about whats happening. So we kind of want to make it stop basically because its been happening more than once. Reporter fires in the third floor bath three since mid december each one of them sent in the trash. Were trying to come way rush why this is occurring much its a huge safety issue were concerned about. Reporter there were two fires set in the overnight on dee 14th says flanagan and another just last tuesday at 1 30 in the morning. Relatively Safe Community, but im very very uncomfortable now rt report rows apply say theyre pressing to solve the case a parent this cay cabrini freshman tells fox 29 the school failed to alert radnor township reports to those december fires. The school failed to alert Law Enforcement . Yes. Back in december . Yes. We had to call. Whats your reaction to that. I think thats like really unsafe. Reporter spokesperson for cabrini tells fox 29 the local fire marshal reached out to the university
He tried to go inside of the store. He started a fight with the owner. And he hit some girl. Police say the 30yearold was driving the mini van that rear ended a parked nissan bouncing into people on the sidewalk which includes three Jersey City Police officers and also a row of cars. He says the mini van came from that direction and someone said you. Julian paulino stopped the driver from going into his corner store and stopped him the sidewalk. He then walked down the street to check on the injured officer. He says when i left the Police Officer had a broken leg. She was nervous and crying. Is that his red mini van . No. Natalie heard the crash a few minutes later she saw her 30 yearold cousin being arrested a few blocks away. At the time she didnt know the two incidents were related. Car. I dont know about him being in at all. Now, jersey city has not released the names of the three officers who were injured nor have they provided an update on the female officer who remained here at
Lori stokes. We have a brandnew air mass in place. 74. 74 to start out right now. Drops down maybe another degree or to but 60 at hopatcong, blairstown, up to poe and kingston. 80 by noontime. Beautiful weather. Heather, i have great news in the weather department. I have okay news in the traffic department. My maps arent working at this time. That is bad news in the traffic department. Not good news for me. Lets go to a webcam. We will show you how things are looking traveling on the Staten Island expressway. You can see the construction is set up. That is right around richmond avenue. Now, this advertise the eastbound side of the Staten Island expressway. They did cancel a lot of that construction during the overnight. Thats because of what was going on with the truck accident yesterday on the new jersey turnpike which has completely been cleared away. Now, we are looking at the b. Q. E. Up the northbound side. This is your delay coming up to the Brooklyn Bridge. We do have our stree