talking the dow fell 300 points. the number, 97748. lowest since last november. before closing moments ago, back above 10,000. just barely. the dow down about 27, 28 points. the s&p 500 actually turned positive. now, the concern on both wall street and main street is if europe is having a slowdown, that could slow the pace of the economic recovery here in the u.s. since the stock market hit its highs in april, the dow, s&p 500, nasdaq, have all fallen more than 10% and means the technical definition after correction. hampton, we thought home prices were recovering some but home sales are down. home prices, values, are down. what s up with that? it was discouraging news from the housing market. this was the case-shiller index which tracked housing activity in 20 top cities. they found home prices falling. 3.2% in the first quarter. and the overall index was up just 2.4%. expectations were 4.83 rise. also, that home buyer tax credit has now expired. and with more foreclos
weekend. but let s begin with adam caskey. you can hardly see the top of the washington monument. that is how low the clouds are, but they will tobreakup. it is 65 in frederick, 65 in warrington, 63 in huntingtown. the skies will begin to clear up around 10:00 high temperatures around near 80 degrees around 4:00. mark will brunswick line is late. metrorail is reporting everything on normal service. it is commissioning week. in annapolis, the blue angels will do a test flight to this afternoon. they will start shutting down bridges and roads around annapolis beginning at 10:45 into this afternoon. if this morning at 10:45 is when the shutdown date 450 bridge in annapolis. when they will shut down the 450 bridge. alison and doug. thank you. we begin with the latest on the massive oil spill in the gulf of mexico. the white house has backed off claims that it could take over the cleanup operation. on the 36 day, bp is getting ready to try a new strategy to contain the cri
we have sunshine late in the midday and afternoon. then the clouds returned at night. there was fog and patchy drizzle early this morning. don t worry. later this morning by 11:00 we will break out into a lot of sunshine and be fairly clear for this afternoon. you can kind of see the low cloud deck in the distance. 59 in winchester. 80 degrees expected for the high temperature today with a southeasterly wind at 5-10. everything looks beautiful right now this morning. no accidents to describe. all reporting normal service on mass transit. let s look at route 4 and 5, looking good as well on the beltway. in and out of baltimore, looking fine. nothing on 95. 270, interstate 70, a pretty good run as well as the dulles greenway, the lowest total. 95 and 66 are the hottest tickets in town. this is live on 95, headlights are northbound of newington getting to the beltway. newschopper 7 in a little while. alison and doug. thank you. we begin with the latest on the massive oil s
many folks saying here are the numbers. when they change, they are causing credibility changes. i have said from the start, i m not comfortable with any of the estimates. let s figure out what happened and make the changes. reporter: the virginia governor from the offshore drilling says that now is not the time to give up. i do believe that oil and national gas is a part of america s energy future. and that we ve got to pursue it. i don t think that we ll give up and to have that space program and the nuclear meltdown. we do what they always do in progress, we found the solution and we move forward. this will probably slow us down. while no specifics have been providing president obama headed back to louisiana on friday to review efforts to stop it, the leaking oil, this of course comes at the time that his administration is under the pressure over his handling of the crisis. all right, thank you. and president obama heads back to louisiana on friday to review the
this community. police are asking these neighbors for help. we are looking for information about the homicide. a man was gunned down in centreville won the week ago and police are stopping drivers those driving by in a hunt force close hunt for clues. school buses, were the vehicles, commuters, and a party who drives down, and wrote a in the morning would have spotted the m could have spotted the man or the truck they were in. i think it is a good idea. they are putting this much effort into it. two gunmen tried to rob the family in this town. there handyman, jose rosales, try to stop the attack and was shot to death. around the right corner so it is scary. that truck was seen here but it could be anywhere now. anything look familiar? people say they will do what they can to help, especially when a man lost his life to help others. hopefully they catch him and make an arrest. fairfax county police said it will put wanted posters near shopping centers and