Tom it is a mugshot of in yield and it is very technically elegant. Dean curnutt to start is strong in the 6 00. He will talk about that. A massive correlation in currency markets. Jonathan yields of, dollar stronger . Tom dollar stronger but it is the way the dollar is stronger. Maybe the japanese are fighting to keep the yen off of 1. 50. The answer is markets are moving. Tom can this equity markets jonathan can this equity market lived with it . Equities could work in a hybrid environment. The s p 500 returned 15 every year from 1985 to 2005. When will rates were 2. 5 , can we live with these rates . Lisa this is a key question. You are saying an increasing number of analysts come out and capitulate, whether it is Morgan Stanley or goldman sachs. Yesterday, tech stocks outperformed. Where is it going to hurt . It is counterintuitive. Jonathan manufacturing is getting better, not worse. Payrolls on friday. Tom the numbers are getting better. Lisa on one hand you could say you are see
as the bbc s michelle fleury reports from new york. amazon announced 0 a new chat bot for people to use at work. there seems to be a dispute over where the name came from. some say it s 0, after the character from the james bond movies. others say it s 0, a character from the star trek tv shows. either way, this is a big deal. amazon may not have built chatgpt, but it now has its own generative ai helper. which is designed to assist employees with daily tasks, whether it s answering questions about company policy, to coding, to summarizing strategy documents. crucially, though, it will compete with other corporate chat bots, including microsoft s copilot and google s doitai. now, the tech giant also unveiled new ai. chips at its annual developer conference in las vegas, where also taking the stage was the boss of chip maker in nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to nvidia
Courtney reagan in for sara this morning. Good morning. Happy monday to all of you and our viewers. Lets get straight to the market action. Record highs throughout the week. Last week we ended the week with the s p down 3 . The nasdaq was the leader at 3. 5 for the week. Its worth pointing out the nasdaq since the election up only 4. 8. So much of the gain coming last week. It was playing catchup having lagged behind some of the other indices since the election. The one really up most of all since the election is the russell 2000. As you can see this morning, were pretty much flat in the premarket. The dow eking out a slight gain on the futures market there, the s p and the nasdaq slightly negative. The big market mover this morning is oil. Oil prices up some 5 . If we have a look just shy of that now, 53. 94 comes off a week of gains. They were up 1. 3 as a whole last week. But prior weeks, they were up 12 when the initial opec deal was struck. The reason we have the extra bounce toda
5 30 on sunday. Thanks for being with us. Weve issued a first alert that will take effect this afternoon. We want to make sure youre ready for the wintry weather that will arrive late today and last through the morning rush. Crystal klei. Depending where you are, youll see different precipitation. Lehigh, burks county and parts of the pennsylvania suburbs, especially upper portions of counties. When . Starting this afternoon. Northern edge around poconos, Lehigh Valley. As we move in tonight through monday morning through that commute, we are tracking those conditions changing over to rain. That will begin with snow, some accumulation possible. As a result that shifts from snow to rain leaving us with wintry mix, icing and, of course, danger for the morning commute. Issue the first alert. Through much of sunday, things will be okay. Cold but okay to get out there. 29 in philadelphia, 27 in wilmington. Pottstown at 25. Winds not a big factor because winds will be on the lighter side of
The nbc 10 weather team has issued a first alert. What does that mean . Well, weve got wet on the way, wintry mix. Meteorologist krystal klei with details. A lot of differences depending what neighborhood youre in, why forecasting is important. Pennsylvania suburbs, likely were going to see snow and wintry mix. It starts this afternoon. This evening into tonight we really see the peak of that forecast and then we will certainly see wet conditions as we move into that monday morning commute as well. Accumulating snow is the focus of those areas. Lehigh valley, berks county and suburbs. With that change over to rain as we move into tomorrow morning. A look at radar and satellite right now. We have snow falling throughout parts of central and west pennsylvania. This is actually stretching now on radar at least throughout parts of maryland. Interesting thing is, im checking ground observations in this area. Not everywhere under this patch of snow on radar. Its actually reporting snow at th