The hang seng was up about half percent. And the shanghai up about. 6 . The European Equity markets. This is the early trade. Relatively flat. The dax is flat. Cac is down less than. 2 . The ftsi up about a. 25 . And the italy index about 1. 5 . And spain just over 1 . And up about 0 30 cents. Brent up about 33 cents. Couple of big stories this morning. Bp reporting overnight. Quarterly profits dropping 80 . That topped expectations, oddly enough. The company says it now could cut Capital Spending further as a result. Ceo expecting prices to recover towards the end of the year as pruszers stop work on fields and demand strong returns. Also dupont is raising its full year guidance. The chemicals and seed producer planning to merge with dow chemical but last year regulators needed more time to review materials related to the deal. And today were expecting results from dow components 3m, numbers from Pharma Company eli lilly and hear from its chairman and ceo at 7 30 eastern time. And fac
seeing pockets of heavy rain and off to the north and west, the precipitation has broken up a little bit. so you have some clouds out there. but again, still, a wet, damp morning, misty and foggy conditions in parts of the area as well. take the umbrella with you, you need it. temperatures across the region, 71 degrees at reagan national, 69 at dulles. bwi marshall is at 68 degrees. the forecast for today looks like this: we re going to see clouds this morning, rain. i don t know about the thunder, we haven t seen anything at this point. high temperatures range from the upper 70s to low 80s today. maybe partial clearing later this afternoon. might get some sunshine working in here as well. but still can t rule out a couple of scattered showers. that s a look at the weather, now for an update on traffic this morning we go to lauren demarco for that. well we are hoping the sunshine hurries up because the wet weather has led to accidents on the road. in hagerstowns at sharpers