parents claim universal credit. it s parents claim universal credit. a rather chilly start the it s a rather chilly start the day, the risk of some and snow across scotland and northern england but turning world for all of us. it comes with wet and windy weather. what are the details throughout the programme. it s tuesday, the 27th of december. our main story. two people have been arrested in connection with the fatal shooting of elle edwards in merseyside on christmas eve. last night a 30 year old man was held on suspicion of murder and attempted murder, and a 19 year old woman was detained on suspicion of conspiracy to murder. our correspondent fiona trott has this report. a beautiful angel. that s how elle edwards has been described by colleagues. a beautician who was shot and killed whilst celebrating christmas here with family and friends. a man opened fire at the entrance. four others were injured. one is in a critical condition in hospital. at a time of year when rel
at least 60 people have been killed in the winter storms that are sweeping across north america. the city of buffalo in new york state has borne the brunt of the arctic conditions. at least 27 people have died there. president biden has approved financial support for the state. let s talk to our north america correspondent nada tawfik. terrible time for people in buffalo. i have seen it described as the blizzard of the century, a monster storm, the worst weather people have ever experienced. what does today hold for people in new york state? exactly right, lucy, a number of people have said they have never seen anything quite like this. a winter advisory is still in effect in buffalo, until the afternoon they expect another 13 centimetres of snow so while the worst is over they ll still very much in this. the priority at the moment is as the emergency responders start to take out buffalo from this immense amount of snow they are trying to get vehicles that have been trapped,
It is positive. Nine days of the last ten trading sessions. S p 500 also on track to close at a record high for the 52nd high in 2014 and nasdaq just turned positive for the month of december. And is trading around the highest level since back in 2000 and a close eye on the russell 2000. The index of small caps trying to close at a new high. We are seeing intraday records for the First Time Since june. If it does close at a record, thats the First Time Since back in march. And just think last october it was down as much as 20 from that march 4th high. Talk about a round trip for the small caps index. Incredible rebound. Talk about it with the guests today in the exchange. We have rob morgan with us. Jim lowell. Nicole sinclair. And our own jeff cox from cnbc. Com. We have trader Matt Cheslock and, matthew, ill start with you. What do you make of whens going on right now. Back at alltime highs including those small caps that were hit so hard through much of this year. Yeah, well, time t
About 300 the day before that, continues to the upside. Up 83 points or half of 1 . The s p 500 mentioned right now up 14 points in record territory closing here and the nasdaq composite adding 27 and half of 1 . Lets get right to it with our Closing Bell Exchange on this friday to wrap up the week. Gerard fitzpatrick. Steve sax. Pat ty edwards. And kenny pulcari. Patty, questions to the women today seem to be the theme here, what do you think happens . Is this a santa rally . Have we just put it in and seen the gains . All rebalancing and a quad witching effect . What do you think is going on in this market . I think theres a whole lot of things going on. You know, we have got people doing window dressing for the end of the year. Tax loss selling that seems to dissipating. You take all that into consideration and then the fed comes in and says, wait a minute, we dont need to have anxiety about things. We are logical about how we proceed and i think that the fed has just really put a b
Decline in the dow and other major averages at this thing coming a head. When they stormed the store and the Printing Press area there. The dow did fall to that low of the day of about 229point decline and come back right now. Back 143. Take a quick look at the 10year, as well. This has been rallying as we know for a number of reasons and quite sometime and perhaps an extra bid on the flight to safety trade today. Below 2 again. That u. S. 10year. Watching it for everything from the influence on the Mortgage Market to what it does ultimately send in terms of signals for the Federal Reserve here and policy decisions coming up and we have heard from members expressing like charlie evan this is morning to rather be cautious than hasty to raising factors. If you hang on to that for a second longer cross currents and you can see that after the jobs number came out, stronger than expected in many ways. You saw the yields rise but then they were coming much lower, maybe a flight to safety and