Scared and human nature to worry, but again, if you have an investment process that you have used stick with it. Reporter this means dont go selling everything off or making rash emotional decisions. The two biggest enemies of investing are fear and greed. Either can get you in trouble. That being said, we folks who regularly put our paycheck into our retirement, this socalled black monday is a little like black friday. Our contribution buys more shares right now. I asked a Wilmington University professor to explain it in terms we joe sixpacks can understand. If joe sixpack is an eagles fan like i am and used to buying your tickets for 105 and now they are 50 i would buy twice the number of tickets. All we have now is the opportunity to buy things on sale. Reporter a lot of companies in wilmington and around the world taking a hit in the last couple days. What if you are close to retirement . Thats trickier. Experts say retirement doesnt mean you have to cash out all at once. Maybe jus
Complaints about the weather well having right now. It will be Getting Better during the day. Im tracking some showers into south jersey. They wont last. A warmer morning, 76 at philadelphia, northeast philadelphia in the upper 70s. Just about everybody is reporting 70s this morning, 71 in wrightstown, millville with scattered showers. 73 degrees, its dropped into the upper 60s. Roxborough is at 74 and right at 5th and wharton along the Delaware River trail at 77 degrees right now. We will see clearing skies and improving conditions. Your hour by hour future fast when i come back in ten minutes. Right now, a check of traffic with Jessica Boyington and first alert traffic. Were starting things off with ongoing construction on the vine street expressway. This is our camera right around 24th street. On the eastbound side right in here is where you can see some of the road blockage there. Its actually not blocking off any of the lanes, just coming off the exit ramp. Just something to watch
Headed up towards the walt whitman bridge. No problems on the walt right now. No openings for the tac pal, the ben and the betsy are doing just fine. Tracy . Now to breaking news at 5 31. Most of the stock markets in asia are down again. Tokyos nikkei closed down 3. 9 , a wsqlow. Chinas main Stock Market Index closed down more than 7 for a fourth straight day of declines. Analysts say the markets dropped after china devalued its currency, signaling a slowdown of the chinese economy. The numbers from overseas could set up another wild ride on the u. S. Markets. Wall street is reeling from yesterdays session. It saw the dow dip more than 1,000 points shortly after it opened. Now investors finally caught their collective breath at the final bell yesterday. Stock futures were up overnight but of course that was before most of the asian markets started tanking again. At the closing bell yesterday, the dow plummeted 588 to close at 150008,871. Experts say dont panic, focus on the longterm go
Multivehicle accident scene here on 95. Right around ridley park. So you can actually see on the northbound side right here road flares actually blocking off all the lefthand lanes and shoulders. Only that arent shoulder is getting by on the northbound side. You can see we have a fire engine on scene. Police activity and several vehicles involved up in front of that road blockage right there. The southbound lanes are doing just feign. If youre headed to the Philadelphia International airport, give yourself extra time. As rush hour begins and its in the next 20 to 25 minutes where we start to see the volume increase. Thats where youll start to see the delay. The schuylkill expressway right through the conshohocken curve, that moved along nicely. The average speed still 60 Miles Per Hour. We still have a 1 minute drive time. Things are moving. Out in kensington, watch out for the water main break on huntington and tulip street. Follow the local detours and you should do just fine. A spra
3 00 p. M. All green on our valley freeways and that includes out in the east valley. Youre looking at an eight minute desert drive time. This is on us60 as youre traveling westbound here from country club until you hit i10 so very quiet really anywhere youre headed in the east valley. Maybe youre taking the 101 northbound through scottsdale and taking that to the north part of the valley. You continue to see those great no crashes here, thats really holding you up. I10 in the west you can expect there before you hit the roads in a couple of minutes. A lot to get to here involving breaking news happening this morning and i want to start with a manhunt going on right now in South Phoenix for the suspect who shot and killed a Convenience Store clerk. We broke this story on abc15. Com early this morning. Justin pazera is on the scene. Its near 16th street and southern, justin, what do our viewers need to know about what police are searching for . Reporter yeah, at this point we really don