It was weird. It was fitting that that happened. It was good. We were hoping for it. We should tell you about the s p 500 as well. It added more than 5 to close at 1,883. The nasdaq closing at 4,114. We decided that good news was good news now and bad news is no longer. We got a 0. 1 gdp number earlier. Right. Economy starts with i did like this, andrew. It was hurt in the First Quarter, hurt by frigid weather. Yes. Frigid weather. You know what thats an indication of, the warming. Youre reading the wall street journal. Just think about the logic in that statement. Thats not what i want to talk about. What i want to talk about, also a day they decided to continue to cut its not like there was bad news that was going to cause them not to taper. There was nothing but there was a little bit of bad news in there. There was bad news. A lot of times market set new highs on bad news. Then i started thinking about it again, kbe qe is very, very powerful. What was the maximum we got to, 85. 85.
Bri a little bit too much of a literary analogy there. Good morning. Its a huge week as becky said, especially for the summer. Well look at the markets. The s p, dow and nasdaq indicating a slight drop, but folks, its early. The beginning of a big week. Well check oil. Oil prices this morning not doing a whole lot as well. We are seeing wti crude come down to 57 cents to 101. 52. All the hard commodities, brent, crude, heating all, they are all slightly lower this morning. The tenyear treasury yield is favorable if you are a borrower. If youre looking to buy a house, the tenyear yield is down but the tenyear note is down 2. 5 . The Mortgage Rates should remain low. Were seeing a slight move higher in euro dollar, 1. 3435. And we are seeing the price of and ounce of gold up 1 to 1304 this week. It will be a big month in geopolitical. I think it stands to note that you guys know with all the stuff going on geo politically, its a good time for companies to come out with something you dont
Probably could be a tornado watch. Thunderstorm watches are going to go up shortly north. Sunshine, one of those days with sunshine, cloud cover, sunshine, and right now, bright sunshine, and high temperatures, some areas can close to 90. In some parts of our abc 7 viewing area, the first storm will arrive, mainly a heavy shower. Speaking of iwatch, one will be issued shortly for mainly pennsylvania, and in the washington region, you can see that very, very strong, what we call a supercell. That had a number of tornado warnings, and that could be because of that one storm system that has them possibly issuing a tornado warning, and if they do, that could go up in the next halfhour. Close to 90 degrees. That strong cold front . These pushes a beautiful air that we have been enjoying . To get another round. We will take you to that shortly, and this looks tremendous, in just a few minutes. Green on thet of northeast map. And Utility Companies are prepared. Theyamong those, saying will re
And his wife, maureen, guilty. We are very disappointed, but the fight is a long way from over. We have Live Team Coverage from richmond. Saying goodbye to a comedic legend, joan rivers passes away at the age of 81. Healthcare. Gov hacked. Is your information at risk . Captioned by the National Captioning Institute www. Ncicap. Org first, guilty. A jury finds the former governor and his wife guilty on several counts, including corruption and bribery. Five weeks of testimony included intimate details of their marriage, allegations of a crush, and claims of mental illness. In the end, Bob Mcdonnell was weeping of the courtroom as the verdict was read. Jeff goldberg has the latest from richmond. An absolutely stunning moment in the courtroom this afternoon. The usually composed Bob Mcdonnell sobbing, his head in his hands, slumping deeply into the chair at each count was read. Friends and family also cried, time the wordh guilty was read. Seven men and five women deliberated for three day
Said he was hopeful that perhaps the mother but these children with someone for safekeeping and that person does not know they are missing and that is why police are pushing this story out there. Thank you. Here is one more good look at Catherine Hoggle and her two children. If you see them please call the police. Breaking news coming in from prince georges county. We want to give you a live look at a bus crash that happened a short time ago. We are told that the bus was full at the time. Seven people were hurt. All of the injuries are minor. We will keep you updated. A developing story from richmond. Treatedren have been for acute respiratory illness. Doctors do not know this is the same virus that is hitting other parts of the country. Sent 10 children and other states to the hospital. The good news is that they are rarely fatal, and can be treated. Construction delays cost drivers time and money this morning. Drivers were caught in the worst back if they had ever seen. To bes were s