Then youre going to love this. Right now theyre only 14. 95 wowa grt deal just got a whole lot better. Hurry. 14. 95 wont last. Times up for us. Thats all for early start. Starting point with Soledad Obrien starts right now. Good morning, welcome, everybody. Our starting point this morning, extreme weather. A thousandmilelong line of severe storms including tornados and severe flooding is leaving a path of destruction from the south to the northeast. Here comes the cold. Also this morning, some tense negotiations happening in alabama right now. A 6yearold boy has been held hostage since tuesday. Were expecting a News Conference to update us on this situation any moment. Were going to take you there live when it happens. Get ready, confirmation hearings begin as chuck hagel fights to be the next defense secretary but it could be an uphill battle with an old friend, john mccain, leading the resistance. And here it is, this is the new blackberry 10, soledad. So what makes it so different
And a good evening to you this friday, we come on the air with a banner day on wall street, for the first time in five years wall street has cracked the 14,000 ceiling. And everyone is checking their Retirement Funds and asking, is tht signal that a boom is coming our way . Abcs david muir is here to tell us is the roller coaster ride over in. Finally over, great to see you. Every economist i talked to had a smile on their face saying were not completely there yet but this is a huge start, housing values coming back and 401 k coming back and dow more at 14,000, not just a psychological barrier, tonight a real one. It was on the cable channels will we see a super close sth. Reporter wall street breaking a barrier, a psychological one sflf will we close above 14,000 . Reporter we did. What does that mean for the modern American Family . The baby boomers nearing retirement, the parents looking to help send their kids to college one day . Many endured White Knuckle days the economy tanking
And a good evening to you this friday, we come on the air with a banner day on wall street, for the first time in five years wall street has cracked the 14,000 ceiling. And everyone is checking their Retirement Funds and asking, is tht signal that a boom is coming our way . Abcs david muir is here to tell us is the roller coaster ride over in. Finally over, great to see you. Every economist i talked to had a smile on their face saying were not completely there yet but this is a huge start, housing values coming back and 401 k coming back and dow more at 14,000, not just a psychological barrier, tonight a real one. It was on the cable channels will we see a super close sth. Reporter wall street breaking a barrier, a psychological one sflf will we close above 14,000 . Reporter we did. What does that mean for the modern American Family . The baby boomers nearing retirement, the parents looking to help send their kids to college one day . Many endured White Knuckle days the economy tanking
Everything was going down, dont pull your money out, the only person that gets hurt on a roller coaster are those that jump off. Reporter a study says twothirds of americans plan to delay retirement, rosemary just retired when the market began to drop. She stayed the course on on track, now giving tips to other boomers. But the advice her husband dividend, keeping their 401 k s. He wanted to pull everything out, i hoped it would come back, we decided to leave it there and hope it would come back. Reporter who was right . Theoretically i was, but its come back about 75 . Reporter and look at this tonight, our Business Unit crunching numbers, if you had 125,000 in a 401 k at the start of the recession, you would have watched it fall sharply, down to 61,465. But if you stuck with it, the average 401 k would have come back, and then some. 131,000 tonight. Rosemary well coming her own 401k comeback and another number tomorrow. Today im 69, tomorrow if you ask me i would say 70. Reporter all
Breaking news in alabama where a 5yearold has been held hostage in a under ground bunker for five days. Police are ready to make an announcement in the case. Jonathan is live. Significant developments. We expect to hear confirmation from authorities in 5 to 10 minutes. We are hearing from a Law Enforcement official telling fox that the boy, the 5yearold boy who has been held in the under ground bunker in the area you see behind me coming up on 7 days, that he has been released and that he is, quote, okay. The same Law Enforcement official also saying that the suspect, 65yearold jimmy lee dykes who had been allegedly holding this boy in his backyard bunker all this time, that the suspect in the case is dead. Kimberly, all of this began last tuesday afternoon. The boy was riding home on a school bus in this neighborhood, in this area where i am when a gunman boarded the bus, the bus driver positioned himself between the gunman and the children. The gunman opened fire fatally wounding mr.