16th. Good morning. Im richard lui. A state of emergency in colorado as glad waters continue to rise and rain continues there. New this morning, First Responders continue Helicopter Rescue operations. One is so large its become the Biggest Mission of its kind since hurricane katrina. Officials are telling residents to be prepared there to evacuate at a moments notice as more rain is expected overnight. Nbcs joe fryer is in colorado. Reporter like a sucker punch to this battered state, another round of heavy rain hammers colorado. More Flooding Forces Longmont Police to knock on doors, warning neighbors to once again flee the place they evacuated just days ago. Its a mandatory evacuation. Reporter so far the National Guard has rescued more than 2,100 people. One helicopter took off hoping to rescue more only to return minutes later because of the weather. While theyre helpless in the air, fema search and rescue teams are still moving on the ground, using trucks that can plow through fiv
The s p 500 after earnings confirm the Company Continues to bring in huge sums of money but has razorthin profits. Is the street sending a message here to Ceo Jeff Bezos that its time to turn the spigots on and make some real money . If theres trouble at home, is there trouble for the entire economy . Mortgage lending plunging, even though we have become the spring housing season and rates e re main historically low at about 4. 5 . If the housing recovery stalls, what does that mean about the broader economic recovery . Well have a special report later on the closing bell. In the markets, how were shaping up on the last trading session of the week, the Dow Jones Industrial average down triple digits, 147 points at this hour heading for the second down week in three weeks. The s p 500 right now in the red, declines of almost 2 , that was the nasdaq, 1 on the s p 500, the nasdaq behind the three, pressure on amazon and technology stocks. The nasdaq down 74 points p with an hour to go, ty