9th, that crazy friday, our reporters are standing by breaking down the market since then Bertha Coombs and bob pisani i think the important thick is weve seen quite a recovery in the markets but not for everything let me show you a few charts jpmorgan, a big recovery remember what happened on february 1st it was like 117 then goes down to 104 on the 5thand its com back around 116 thats a roundtrip. Also boeing another big one, 357 on february 1st 317 on the 5th. Thats a 40 drop, back to where it is, roughly 356 or so. Theres a roundtrip some stuff hasnt recovered the consumer names havent recovered. Cocacola goes to 82 and its hovering around that exxon, the oil stocks have had a hard time. 89 down to 73. That hasnt recovered. Part is on the fact that oil didnt have a big bounce heres the important thing the s p on the whole has recovered a large part of its losses we lost almost 300 points from the high to the low on the s p and you can see all the numbers were looking at the importa
7 00 p. M. Tonight. We have an issue tomorrow before dawn there will be snow arriving in parts of the region, especially the western suburbs, maybe a little bit right down the shore, as well. It will be on and off through the day on tuesday, only looking at a coating to two inches. A slippery morning commute will be possible in areas that see the snow, during the day temperatures will be above freezing and most of the snow winds up on the grass, well be here tomorrow morning to get you through that in case it gets here early. Karen what have you got on the roads this morning, fortunately no snow. Reporter we have rain in some areas, but over here we have a disabled vehicle that popped up on the vine street westbound at broad street. We have penndot on the scene, watch for that traveling westbound. Northeast extension heading northbound between quakertown and the lehigh valley, construction blocks the right lane, but we see the green traffic flow in the area. Not causing too much of a p
Zinc. Apple shares under pressure with a rare disappointment for investors. Shareholders also frustrated with yahoos results and microsoft posted the largest loss ever. The story of the morning, apple with results did beat on the top and bottom line but iphone shipments lower than estimated and projecting Fourth Quarter below estimates. They didnt break out the apple watch sales as a category but they did address demand. A major highlight for the last quarter was the launch of apple watch in april. As you know weve been very excited to get this revolutionary product to customers. We started taking preorders in Nine Countries on april 10th and demand immediately exceeded supply by a large margin. As i look at all of these things, we felt really great about how we did. Of course the apple watch is fun to talk about but the phone metric is key. 47. 5. Best Third Quarter growth ever. Are we to believe the quarter hinges on if it can hold 119. I think there are many issues involved with app
Back up, but people do, which is how this market could go into free fall with the dow plummeting 277 points before gaining senses and finishing flat. Nasdaq coming back. Most people dont step back and reason. For example, the oil stocks have been declining for days on end and widespread contention that oil complex was the single most dangerous group out there. Then last night real mad money presented a clinical analysis negativity toward the group via the charts. Good picturorals and observed climax low and then big bounce. Most of you, according to my twitter feed seemed incredible o incredulous. Wala, we had the biggest oil stock rally in ages. Thats what i mean by clinical analysis. The dow has been down eight out of the last nine days. But like new oil this kind of settling can get over done. The s p took another header last night. Down 20 ticks when i got up. Chinese wouldnt be this wreckless moving this quickly unless things cooled at the retail and wholesale level, consumer and
Of turing back a hurricane, the path showing its heading close to the east coast and new warnings this morning about rain wind and lifethreatening rip currents. And dod morning on a busy friday. A terror attack in london during the morning rush hour there. This device in flames on a subway train. Counterterror police helping pe under way. Hts in london. Od morning, george. Good morning, st after i landed around 8 20 a. M. The height of rush hour here in london the first call camied,ve device at the Parsons Green suburb of london here. A lot of commotion at that station. Right now we know that 18 people been taken to hospitals. Atening injuryies as far as we very serious as you said the Prime Minister called an emergency meeting right now. Ive been in touch with 10 downing street. That meeting will happen within the next threating this as a ow and there is a live manhunt on across london right whoever may have done this. Now, President Trump is already up and tweeting about this and sai