Green to celebrate victory, off to great start out here. Looks like Beautiful Day. Lets get right to the maps. What do they tell you folks . Nothing to see here folks, just empty. With High Pressure again on our side, nice light wind, low humidity, and eventually when the sun does rise it will be nice and bright and beautiful. Beautiful sunrise to go along with the day ahead here. So, that said, lets take a look at where we stands. This impressive, folks. Nearly 30 degrees cooler than this exact same time yesterday up at mount pocono. Certainly, no pit ands here either in philadelphia. Fifteen agrees colder than it was this same time yesterday. Noticeably so, i will add, as i stand out here, without any kind of extra layer on, you might want to think about that, having that ready to go going out the door, especially outlying suburbs, after all, already flirting with 60 here in the city even Atlantic City at the airport. Only 44 degrees right now at mount pocono. So cool, crisp start to
Our road map begins with with jack lew speaking out about trouble in china. Shares in Morgan Stanley sinking on its earnings. Is there more pain to come. And first up, the major indices coming off three straight week of gains. S p up almost 6 since the beginning of the honesmonth. Chinas slowest growth since 2009. Still above consensus. And then jack lew addressed chinese currency valuations earlier this morning on squawk box. I think you have to make sure that china understands that its very important that they keep their commitment to let the rnb go up as well as down and the snapshot today is not the test. Lew also talked about the debt limit, warned us about some accidents coming on that perhaps. And then on the china data, we also got Industrial Production six month low, retail sales maybe a little bit better than expected. I continue to think that domestically china is a little bit better. There was a lot of good commentary on the honeywell call on friday. An otherwise just not a
Gilead. We will have the instant analysis. We are 26 hours away from the start of the cnbcs coverage of the gop president ial debate. Steve forbes and todd butch holds are here to tell what you say they want to hear from the candidates and predict who they think will come out on stop. We begin with ibm under investigation by the sec they have dis pleased. Bob pisani has the latest as the shares are falling. Well, obviously investors are taking this a little ease seriously. Ibm down 3. 6 . It dropped 2 on this news and their investigation on revenue recognition issues at the sec, ibm says they are cooperating with them. They are investigating how they account for certain revenues that they get from transactions in the u. S. , in the u. K. And irela ireland. You would think does that sound that serious . I think the issue here is that revenue recognition is sort in the Software Services particularly is sort of the heart of their growth that theyre having and anything that interrupts that
Team and we star brad wx wall weather adlib we did it again today we reached the 70s that makes this the warmest start to november on record for central iowa i hope you got your fill of unseasonably warm weather because a cold front has gone through and the cooling has begun northwest to westerly winds will continue to cool us down into the Early Morning hours. , so get ready to bundle up your kids before you send them out the door. As that front pushed through it kicked up a line of showers storms that will continue to move eastward out of the state. Temperatures are actually going to be average if you can believe that lows in the 30s and highs in the 50s will be the rule heading through the weekend, but at least we are looking at lots of sunshine next week looks pretty decent to start off with mainly dry conditions until wednesday and thursday when we will see our next chance at or above average local 5 news at 10 in iowa and we start with breaking news stephanie breaking right now,
Over the mid atlantic right now through raleigh. Its moving toward virginia and it will be here very soon. As you take a closer look you can see the areas being heavily impacted and as it sneaks towards the north and east and right now the storm is only 260 miles to the South Southwest of philadelphia. At that speed it will be here just in time for the morning commute. So heres a look at our headlines. We are looking at some rising accumulations across the region. New information is coming in as we speak. Its a fastmoving storm and it will have a Significant Impact on the morning rush. Now, we are talking about Winter Weather advisories that have been expanded to the north and to the west to include all of south jersey and the entire state of delaware and right now in delaware Sussex County we have a winter storm warning in effect for hire accumulations of snow. Heres what you should expect. Tomorrow morning snow covered roads especially in and advisory area but also includes philadelp