South philadelphia that was the shower that past on city avenue. Some damp roads in new jersey for folks heading to the shore. Temperatures are mild, 75 in philadelphia. 71 in allentown. Cool in the poconos, 58. With a westerly wind, the shore not bad there lower 70s. Heading to the phillies game or anywhere this evening there will be clearing coming in from the north and west after the clouds and showers pass through, first pitch temperature 72 degrees. By the 9th inning in the ladder part of the evening in the 60s. Storm tracker 6 live double scan shows a complex near chicago that will rotating south and east and pivot threw the memorial day. Umbrellas will be on standby the entire weekend, again, it is not completely dry and not a washout. Temperatures below normal and sunday looking to be the dryest of the three weekend days. Well chat about those the city, the shore the poconos well break it down for you coming up in the exclusive accuweather sevenday forecast. Reporter im very ex
Snow. Big weekends for them, president s weekends, a lot people want to hit the slopes. The weather is favorable, again, little melting, but Perfect Timing for the weekend, sunny skies, 60s, maybe hitting some records specially tomorrow, like we said, not quite beach weather just yet, but still nice day if you are headed to the shore or delaware beaches, just enjoy the sunshine. Get outside today and tomorrow if you can, take advantage. Still chill think morning, so going out for the morning run, bike ride, walking the dog, cold, below freezing, clear skies, calm winds, allowing the temperature to drop. Seeing the 30 right now officially at the airport, suburbs cold, mid 20s in a lot of spots, interior south jersey checking in at 24 in millville. Thirtyone, dover delaware, 23 quakertown, 24 pottstown, upper 20s doylestown. And in palmyra, new jersey, storm scan3, nice and quiet. Going to stay like that, clear skies, a lot of sunshine today. It will be little weak disturbance that moves
Thenst a prior reading from last reading of three point 75 . 11 of 25 analysts surveyed by bloomberg expected this would so this isto 4 , surpassing that. Lets see whats happening in terms of markets in the u. S. Now. , generally across the board we are in green. Three days in a row of green after two days of fallsb postrexit, locking in 1 or more for the s p 500 and the dow. We are inching closer and closer to recouping most, if not all the losses we saw postbrexit. The nasdaq is still the farthest from that. Look at whats been happening today intraday on the s p. Notrally speaking, a rise, really looking back at the start of the trading day, up about 20 points or so, 21. 5 points, up about one point 1 . I want to show you the imap function for the s p with the 10 sectors. A very broad rally. Yesterday, energies and commodities led. Today, not so much the case. Energy still 0. 6 higher, but in Consumer Staples at 2 and industrials not far behind, 1. 6 . Staples are leading because the
Cut Interest Rates after the uks shocking brexit vote. He definitely said that there needed to be more stimulus. But look at that. Despite that, still at 1. 32 when it comes to the british pound. Almost went down to 131. But Still Holding on to that level. The british tenyear guilt at 0. 863 . Compare that to the u. S. Twoyear. And the tenyear note is 1. 495. Bob pisani is here with me at the nyse on this last trading day of quarter. And the six months, bob, the one major european average thats in positive territory, london ftse 100. The 250 Broader Market is not in positive territory. Everyone loves easing. Carney hints at easing. Says Economic Conditions are deteriorating. The markets start moving to the upside. Take a look at the s p 500 and the important thing today, the rally continues. Even after carney was making his marks about Economic Conditions deteriorating, the markets helicoptered to move to the Positive Side. Were at highs of the day here. Lets take a look at the markets
The dow and s p essentially erased about 80 of the losses incured after the brexit vote of last thursday when the uk voted to leave the eu and bank of England Governor Mark carney hinted that more stimulus is coming. Listen. In my view, and im not prejudging the views of other independent members of the mpc, the Economic Outlook deteriorated and some Monetary Policy easing will likely be required over the summer. What selloff . A little quantitative cant take care of. Just wipe it all away with easy money. Hershey rejecting the 23 bid and hershey shares are still higher. The market seems to think mondelez comes back with another offer. Trading above where it was before they rejected the offer. Netflix known for keeping the ratings under wraps and nielsen says it has numbers for some of the streaming services most popular shows, including season premier of orange is the new black. Those details coming up. Hef hertz signed new deals with uber and lyft. The stock is down more than 20 this