Good day, everybody. Welcome to power lunch. Im tyler mathisen. Glad you could join us another daily and more records for the equity markets. The dow, s p, russell, nasdaq, you name it theyre reaching historic highs. The emerging markets rallying two, the etf that tracks them, on pace for its best day since september 11th. The airline pushing the dow transports to new highs as well jet blew, delta, united leading the way there. Lennar up about 3 . The home builder beating earn ares estimates. Now making a bit of a come back as you see theyre up 1. 2 . The electric car maker missing those model three goals more on this ahead. Im melissa lee. The National Retail federation expecting holiday sales to increase between 3. 5 and 4 this year. The u. S. Ordering 15 Cuban Embassy officials to leave. This comes after sonic attacks against american diplomats in cuba. Three nobel prices for scientists after breaking gravitational waves. We begin this hour in puerto rico. The president touching dow
I am will fred frost. And i am sara eisen lets get to the Global Market picture on friday, essentially margts were flat end, dow s p as a whole, down around 1 . The dow was up half percent, s p flat as far as sector performance, tech the worst, down a for the week as a whole on friday itself energy was the sector that outperformed up a percent as all prices rebound toward the back end of the week have a look at what futures are doing, higher by 74 points gains in europe and asia at the moment more on those in a moment. British pound for you this morning holding just above the flat line, up about a quarter percent. 128. 04 brexit negotiations begin to take place also because of a developing story out of london. We will come back to markets in a moment a man drove a van into a crowd near a mosque in london. Reporter good morning. Unfortunately this is an all too familiar sight in central london, fourth attack in the uk in less than four months what we know is shortly after midnight, a ma
Tenyear yield did fall below 2. 3 on the third miss in a row largely better than expected from jpmc and wells and earn,s season kicks off. A big week for retail walmart gets an upgrade from goalsm Goldman Sachs. Financials are driving, but is the real consumer economy primed for a rebound Jpmorgan Chase falling despite posting better than expected Quarterly Results the bank got a boost from lending but hurt by weakness in trading. Jamie dimon says, the u. S. Consumer remains healthy, evidenced in our strong underlying performance in consumer and Community Banking wells fargo with an earnings beat and a revenue miss and citi exceeds on the top and the bottom line. All these names have had quite a run since the election not hard to know how much they deserve today in light of what the macrodata said the results would give me the message that things are on track. Going roughly in the direction expected and theres improvement there. Jpmorgan, 12 return on equity thats one thing that stands
We begin with a traj ig situation in northeast washington. Two people critically hurt in a fire and their rowhouse gutted. On maryland avenue they are trying to determine what happened. Derrick . Reporter well, indeed they are. Take a look behind me. Were in the 700 block of maryland avenue in northeast. You can see the obvious signs of the fire that raced through this house early this morning. Take a look. A neighbor called 911 alerted by the smoke and flames. Firefighters arrived at the 700 block of maryland avenue northeast at about 5 00 in the morning. They found the flames had already begun to consume the capitol hill rowhouse from within. Found a rowhome with fire in the basement and first and second floor and through the roof. Reporter there was three people in the house. One in the bext and two on the first floor, the moef seriously in inhalation injuries. Two transported in critical condition. One was in minor condition. Reporter two firefighters also suffered minor injuries a
5 30, its getting into the philadelphia area. 8 30 its coming into delaware and even perhaps toward the shore. Some of those places could start as rain and change to snow and then it really starts to taper off as we get toward the noon hour, with a few flurries coming after that. Well talk more about the snow amounts and your neighbor and a bitter cold weekend and an even more potential threat next week for snow. Coming up a little bit later. Big changes, glenn. Be prepared for tomorrows snow and the cold temperatures coming with the nbc 10 app a. Download it now to get Severe Weather alerts on your smartphone. A rude awakening. Right now police in south jersey are searching for the driver who slammed his car into a house nearly injuring a elderly couple. Cydney long spoke with their son who naturally wants the man caught. You can still see the damage . Reporter thats right. Let me tell you, Police Believe the car was traveling about 75 Miles Per Hour. Coming from that direction, he bl