Chips are now back to levels we have not seen since the financial crisis in 2007, when the dow hit an alltime high of 14,164. Amazon amazes despite a drop in profits. Last night the e tailer reported strong holiday sales of its kindle ereaders and a boost in operating incomes. The Federal Reserve makes an announcement on rates today around 2 15 eastern, wrapping up a twoday meeting. And the senate has confirmed john kerry as the next secretary of state. Joe cusick of optionsxpress join us now. Joe, there is a lot to talk about this morning, including the dow closing in on 14,000. What is your take . You know what, its a level that everyone is watching right now. We are about 40 or 50 points away. It is a psychological level as well as a momentum level. The bulls are in control right now, and, hey, the dow has exxon in it, and that is the Largest Company in the world. Consumer confidence, though, took a hit. People are saying it is because of the lower amount of the paychecks because of
10 days warmer than this in many many years. Winter storm warnings to the west and tornado watches and warnings to the south. We will stack up about 226 but other areas will get more. This is on the ground and it is frozen below the systemsurface. And it has nowhere to go but to run off. Here is the next act. Temperatures are dieting in the west. Precipitation changes to snow to the west. You can see this rain at midnight and the morning rush hour and the rain snow line is three here. We could get accumulating snow tomorrow afternoon. We have some thoughts on how many inches and we will be back with that in this broadcast. Things are slow with reports of 60 minute delays at the airport. Youve heard of fire drills. Tornado drills. About a gun massacre drill . In the wake of the Sandyhook School shootings in connecticut, a northwest suburban high school is planning to run a very realistic preparedness drill tommorow. Thats where wgns sean lewis picks up our story. As students left the hi
The Kankakee County Sheriff s Office found nearly 40 migrants from Venezuela at Love s gas station s parking lot near an Illinois highway. They were traveling from El Paso, Texas to Chicago
Mayors, governors and others have been forceful advocates for newly arrived migrants seeking shelter and work permits. However, their efforts and existing laws have exposed tensions among immigrants who have
HOMESTEAD, Fla. In New York, migrants at a city-run shelter grumble that relatives who settled before them refuse to offer a bed. In Chicago, a provider of mental health services to people in the country illegally pivoted to new arrivals sleeping at a police station across the street. In South Florida, some immigrants complain that people who came later get work permits that are out of reach for them.