Welcome to power lunch, im contessa brewer. Another strong day for stocks as all three indices look for a winding streak the dow is up about 143 points, a slight pullback from where we were a half hour ago both the s p and nasdaq are on pace in more than six years and both indices up 5 health care the best performing sector today johnson johnson, pfizer, eli lilly among the big gainers. A couple beatendown names moving higher, ge back above 15 a share despite being hit with a shareholder lawsuit and snap is now up 50 so far in february. Three hours left in what has been a huge week for stocks. Bertha coombs is at the New York Stock Exchange bertha it has been quite a big week. Its been two weeks since we had that downturn starts and after consuming a lot of rocky road ice cream, today it feels like vanilla. If you look at the major averages in terms of where they are from their highs back at the end of january, the nasdaq here within 3 of its all time high in january as weve seen a big
Higher again, it has been a sharp rebound from the lows. Futures up 90 on the dow 36 on the nasdaq just under 10 on the s p 500 dow closed above 25,000 again yesterday. How about asia a check on the overnight session. China is closed, right, for the holiday . Yes, the Lunar New Year the Chinese Exchange was closed except for the nikkei you dont believe it until you read it in the teleprompter. I would believe him before the teleprompter did you do fast moneyfast mont night . No, there is no fast money. I knew that i watch around the clock. I do. European equities to check on those as well. Lets see how we are set up for the session here there is the nikkei in japan that was the lone market in asia great across the board for europe strongest gains on the periphery. Italy and spain up about. 08 the tenyear yield, just under 2. 9 there, you can see the rest. 30year, 3. 14, the fiveyear, 2. 639 we were eigall waiting for tt three and didnt get it. It went the other way. You listen to rick.
Also indicted were three russian entities and separately an indictment followed an american who was allegedly involved in related credit card crime. The Deputy Attorney general Rod Rosenstein briefing reporters this afternoon laid out a case called the Internet Research agency employed hundreds of people to the budget to the tune of millions of dollars in a longrunning effort to influence u. S. Politics. Ultimately, in the 2016 president ial election to benefit now President Donald Trump heres how Rod Rosenstein described the elaborate effort by the Internet Research agency. The defendants allegedly use that infrastructure to establish hundreds of accounts on social media networks, such as facebook, instagram and twitter. Making it appear those accounts were controlled by persons located in the United States they used stolen or fictitious identities, Fraudulent Bank accounts and false identification documents now the, bill, what im told here is that ultimately the special counsels offi
Snow and thats 322 miles that right there is nine to ten inches of snow. The predictions as far as snowfall in our area if the whole thick fills in im going numbers. Right now its ragged in spots, i think new york city falls in 8 to 12. But notice, a foot or more is possible in the southern boroughs like Staten Island you could see over a foot. Less. I have one thing i want to leave you with right now. And im going to be coming back throughout the newscast. This is my super bowl right . But check this out. Look at this. Look at these numbers. Okay . Heres the nam putting 28. 9, 37. 2 in sparta. Not my forecast. Even my news director is asking me, is it possible . Is it possible . It would be like thread 13ing ill see you in a few minutes with more. Crews along the jersey shore built reinforcements ahead of the storm. Drone video shows dunes in belmar here. The main concerns flooding and loss of power. Christine sloan has the story live in union beach. Reporter hubs of bucket trucks and
Sfx door bell beers here cheering jb smoove . Were going to the super bowl order bud light with Minibar Delivery for a chance to win a trip to super bowl 50 snow falling, residents evacuating and a state of emergency declared. Ready or not, a potentially historic winter storm is here. Good evening, im kristine johnson, maurice is off. Right now live pictures from Barnegat Township. New jersey under a state of emergency and the snow has arrived in the city. Look at the skyline right now. Tonight, a stern warning from officials, it is simply not safe to be on the roads. Here is the latest for you. Evacuations underway along parts of the jersey shore and new Jersey Transit will shut down at 2 00 i am. Cbs 2 has an eye on the coverage, and it know that the totals have changed. Reporter there is so much going on. The new information i want to share with you, lets get a picture of this. This is the leading edge of the storm as of right now putting snow on the ground and it is collecting and