Danielle good morning, frank and antoinette. This morning were starting out with temperatures in the 20s and 30s. It is a chilly start, a frosty start for most people too. 25 degrees right now in orange. 32 in worcester. 39 boston. 32 in plymouth. But these temperatures will be on the way up through the day today. You can see though in the last 24 hours theyve dropped anywhere from 1020 degrees cooler than this time yesterday. As we go through the next 12 hours, heres what happens. By lunchtime, were around the upper 40s, low 50s. Through afternoon, we are going to warm up into the lower 50s. We will see increasing clouds from the storm system headed in our direction. Mostly sunny out there for most of the day but we get mostly cloudy as we head towards the evening hours. And i do want to point out that we are talking about the chances for some showers in the forecast , not necessarily for the trick or treaters. It looks like it should be dry as you head out the door later on this even
His testimony to congress on the economy. They are seeking clues as to when the fed will taper its bondbuying program thats been stimulating the economy. Stocks sink ahead of the fed testimony. The dow lost 32 points, the nasdaq 8, and the s p dropped 7. Gold edged up 8 and oil slid 35 cents. Yahoo is sending out a mixed message. The tech Company Earned a nickel more than anticipated, but the revenue and the outlook came in shy. Csx chugs along profits were up 4 as freight volumes rise. Larry shover of sfg alternatives gets the ball rolling for us this morning. Larry, what is the market telling us about that testimony on capitol hill by fed chair ben bernanke . Its funny you mention that. I think the next two days were just going to be on hold. People are so worried about the disconnect between gdp thats being revised downward and the jobs report, so people just dont know what to do with this. Perhaps some people thinking that tapering will happen in september, some thinking in decembe