The idea of a soft landing. Sticking to his guns. First up, on the markets, the s p has gone negative. We started out higher, but lost the gains pretty early here in the session. Down 0. 1 on the nasdaq. The s p holding up a little bit better. Groups like industrials and Education Services are all up, materials too, but its utilities, health care, financials, Consumer Discretionary and staples that are weighing in. Its kind of a mixed picture on the nasdaq, too. Because costco and amd are helping on one side, but apple is weak again and amazon is under pressure as well. So is microsoft and tesla. Got a little dicey here in the last few moments. A few days away from a new month of trading. The question on a lot of investors mind is whether the low we saw this month will carry deeper into the fall. Our next guest says feds higher for longer messaging will remain difficult for the markets to digest, but he does see reason for optimism on the horizon. Joining us this morning, yungyu ma. Pe
The wee hours of the morning. Its here by day break. Brief mix in the Lehigh Valley in the poconos. Rain for the rest of us, drying out early in the afternoon. Were looking at generally about. 25 inch of rain, the northwest suburbs about half inch of rain. Ill talk more specifically about the timing when it moves out and whats behind the system coming up in a full accuweather forecast. Lets switch live to jeff chirico at the king of prussia mall. Whats the situation there tonight . Reporter hey, jim. The mall just closed a couple of minutes ago. You may see some shoppers leaving the mall with their lastminute gifts. Now there were plenty of sales and lots of holiday spirit here at the mall but shoppers seem to tell us that they saw something that was missing, and thats the crowds. Are you going to be able to wrap it up tovent . Absolutely yes tonight and tomorrow. A couple of drinks along the way. Reporter at king of prussia mapping out strategies to beat the clock. Scouring stores for
The wee hours of the morning. Its here by day break. Brief mix in the Lehigh Valley in the poconos. Rain for the rest of us, drying out early in the afternoon. Were looking at generally about. 25 inch of rain, the northwest suburbs about half inch of rain. Ill talk more specifically about the timing when it moves out and whats behind the system coming up in a full accuweather forecast. Lets switch live to jeff chirico at the king of prussia mall. Whats the situation there tonight . Reporter hey, jim. The mall just closed a couple of minutes ago. You may see some shoppers leaving the mall with their lastminute gifts. Now there were plenty of sales and lots of holiday spirit here at the mall but shoppers seem to tell us that they saw something that was missing, and thats the crowds. Are you going to be able to wrap it up tovent . Absolutely yes tonight and tomorrow. A couple of drinks along the way. Reporter at king of prussia mapping out strategies to beat the clock. Scouring stores for
Precipitation, were not going to make any zooms because moderate rain for this same point. Philadelphia, 40. 41 in millville. 44 in cape may and atlantic city. Trenton, 38 degrees, lancaster, well above freezing, 38 degrees. Forecast for today, Christmas Eve, 40 degrees by 9 00 a. M. Periods of rain, that should continue through midday, for 11 00, 42. Its a slow jump in temperatures, by 1 00 p. M. We should shut that rain off, jersey shore it hangs on 2, 2 30 p. M. , north and west it will clear out by lunchtime. 5 00 p. M. , peeks of sunshine, we start the drying process, it will be milder shooting for a high of 49 degrees this afternoon. Clearing this afternoon, looks dry for santa tonight and then it turns milder in the accuweather sevenday forecast. Ill have the details coming up in ten minutes. Gray. Looking forward to it, chris, thank you so much. 6 01. Theres new information coming in on the breaking news we told you about the crash that closed i95 south between woodhaven and ac
Vast majority of its members. We will further review the matter and any potential consequences for the athletes when we return to the United States. On behalf of the United States Olympic Committee, we apologize to our hosts in rio and the people of brazil for this distracting ordeal of what should rightly be a celebration of excellence. Jimmy fiegen has release adrian advised statement with the hope of securing return to the United States. Well have more on the story in the morning. Usain bolt will be running his final race 4 x 100 relay tomorrow night. The United States Olympic Committee is coming down hard on the swimmers involved in that controversy in rio. Ryan lochte and jimmy fiegan have not been indicted but could still face charges. 2 of the swimmers, gunner bentz and jack conger, are on their way home after police questioned them for 5 hours. Lee owe but hopes to get his passport back soon. The usoc is apoll eyeing for an for the incident in a statement, reading in part that