Right now with the vix, it was down another 2. 5 trading 11. 35. Nobody seems to care. It isser full speed ahead. I think the fed is a big deal, unless things start to break down, things being the russell below 130. The transports, below 160. Theres really in my opinion, nothing stopping s p. What do you think . I would think the fed is pretty much factored in. Every meeting out is 100 chance of a like. I think the ten year, people oppose it as a wall for the market. 3 to 4 . Thats where i see it being for the tenyear. I think you have a little leeway with the tenyear getting higher. You see the smashup buys a little more time for the fed. I dont know. Im a little nervous. Having said that, this is the first time after being a bull from the election that i see the market sort of moving sideways to lower where im thinking about trimming. I dont see how you can have everything wits not blinking. With valuations at highs, mechanically, valuations not so good. And this out of bonds to equi
York, boston and philadelphia. Were here at the nasdaq. Things are moving just as expected. The New York Stock Exchange is expected to operate normally. Take a look at the u. S. Equity futures. They are indicated slightly lower after a mixed day yesterday for the markets. The dow futures are down by 13 points. S p futures down by less than a point. The nasdaq down by 1. 7. Overnight, in asia, there were some red arrows when it came to the nikkei, which was down by 0. 10 . The hang seng was flat, the shanghai was too. In some early trading in europe, youll see that tlinhings are relatively flat there as well. German chancellor Angela Merkel meeting with President Trump, its been postponed. I said we would give you headlines nothing to do with the snow, but this is because of the snowstorm. Merkel was on the way to the airport when she received a call from President Trump to delay the visit. She continued on to the airport and told reporters on the plane the trip was canceled. That is no
Opec production report. Our road map begins with the snow coming down. States of emergency declared in new york, new jersey, pennsylvania, connecticut. Well take you live to the worst of the storm. Bill ackma th sells out of valeant, a 4 million loss. The Congressional Budget Office out with its assessment of the Republican Health care plan, saying millions will lose coverage. Well dig in on the report. First up, states of emergency declared in several states as the winter storm hammers the northeast. Already a foot of snow in parts of the region. More than 8,000 flights have been cancelled this week due to the storm impacting more than 400,000 passengers. Jim, were going to see what the impact is on the airlines. I think right now, i saw a map a few moments ago, there are only eight inbound flights to new york on the entire globe. Yeah. Look, i know we had a good report this morning, talking about whether there was how badly the quarters will be. You know, im very concerned. This grou
The government started a three hour delay. A lot of workers here, youre seeing sidewalks being cleared off. Things were dicier earlier this morning and thats why things were in a delay. Enough to really slow down everything. Dc Public Schools were on a twohour delay. Theyre open now, but my kids are texting there are only five kids in class. A lot of people had to be creditive getticredi creative getting to work. How tough was it to get to work today . Piece of cake. Im used today this. Im meeting with students. I have to get there. Youre ubering to the metro . Yes. We could be getting a little snow later in the day, but theyre saying about one inch. It is a modified schedule. Were told over 500 flights were canceled. You want to check your flights again. It is supposed to be very cold tonight that could mean slush and freezing rain mess could freeze over. The big blizzard. For more on the travel impact, were talking thousands of Flights Canceled. Bob crandall, it is always good to see
Youre in new york. Are you okay there. They asked us to step outside for the beginning of the show but said no. I left my cowboy hat ott home so i couldnt possibly do it. Also you dont want to get assaulted by the tickle me elmos tackle me elmo. Theyre doing a whole show fromout side. Im Michelle Carusocabrera along with melissa lee. The wind behind us late winter blizzard is continuing to pack a punch, 72 million from West Virginia up to maine impacted by the storm. More than 6,000 Flights Canceled and the Weather Channel putting the hardest hit area from the storm here, dingmans ferry, pennsylvania. 24 inches of snow. Wow, we will have the latest on the storm straight ahead. First a check on the action on wall street. Stocks, theyre lower across the board, energy is certainly the biggest drive in todays session as crude oil touches its lowest level since november. 47. 32 a barrel. Fed kick off a twoday meeting and yield on tenyear treasury, 2. 6 , just a bit below right now. The wors