As Iraqi Forces Advance on kir kuk. Road m as we kick off a busy week for earnings. Plus a win for workers, the white house pitching the tax cut plan countering democratic criticism and seeing middle class americans would see incomes rise. Eye on subs, netflix after the bell and is expected to hit another record today stocks are looking to hit record highs, dow and s p 500 coming off five straight weeks of gains. Yellen saying the ongoing strength will warrant a gradual increase in rates. Meantime oil prices are higher this fighting between iraqi and Kurdish Fighting escalating and wti up almost a buck. 600,000 barrels in play and you also have to believe the area being destabilized has made it at least for a couple of days you get over 50. Ive got to tell you, ive got at least a dozen Oil Companies i monday ter that will be in there selling again today. They have to sell because they are exceeding their cash flow. So when you see 52, you need to see a breakout to like 56 to realize th
Hundredmileanhour wind gusts, are offshore. 115 Miles Per Hour maximum winds. A new advisory coming in at 5 00, of course. The pressure is coming up a little bit and its moving Straight North. That means in the general direction of South Carolina. As we go through the night tonight, the hurricaneforce winds go into the coast of georgia. Then up to the coast of South Carolina. Thats in the red. And by 8 00 tomorrow morning, hurricaneforce winds are expected over a large portion of South Carolina and even part of the North Carolina coast. So theres plenty of damage ahead. Well get more into the future track in just a few minutes. Well see you shortly, thanks, glenn. Hurricane matthew continues to clobber floridas coast this afternoon as the storm makes its way north. Look at that radar showing the storms relentless onslaught. Nbc 10s Randy Gyllenhaal has been there from the start, joining us now from cocoa beach, florida. We see the waves behind you, randy. Reporter jim, here at cocoa be
Massive fire at a gilbert condominium complex under construction. Investigators are trying to figure out what sparked the fire. There is someone they are looking to talk to. An yell miller Danielle Miller is live with more. Reporter the fire ignited hugely over the weekend and it is still crazy a few days the fire started. You can see some of the damage the fire left behind. There are burned buildings and leftover scaffolding out here. Luckily, the condos were under construction so the good news is nobody was hurt. This fire broke out around 7 15 saturday night here at the condos at gilbert and juniper. The cause of the fire is still under investigation but gilbert fire officials are telling us they are currently working with find out what happened. Fire crews say they are currently looking for a person of interest. They say this witness reported seeing a young male wearing a maroon a. S. U. Sweatshirt and black or dark gym shorts around the time the fire broke out. Fire officials are
Massive fire at a gilbert condominium complex under construction. Investigators are trying to figure out what sparked the fire. There is someone they are looking to talk to. An yell miller Danielle Miller is live with more. Reporter the fire ignited hugely over the weekend and it is still crazy a few days the fire started. You can see some of the damage the fire left behind. There are burned buildings and leftover scaffolding out here. Luckily, the condos were under construction so the good news is nobody was hurt. This fire broke out around 7 15 saturday night here at the condos at gilbert and juniper. The cause of the fire is still under investigation but gilbert fire officials are telling us they are currently working with find out what happened. Fire crews say they are currently looking for a person of interest. They say this witness reported seeing a young male wearing a maroon a. S. U. Sweatshirt and black or dark gym shorts around the time the fire broke out. Fire officials are
Better performing housing sector . We well, it really feels like a santa claus rally is getting under way. Stocks are up for a third day. As we stand, lets take a look at the numbers. The dow is currently sitting at 17,559. It is not break even get for the year but it is up. The s p 500 is one point in the green for the year. Its crossed over that break even line so many times. Were rich, were rich, were rich. I never thought santa was going to come, and i still believe in santa. Oil soaring. New data showing a big drop in inventories. Crude up more than 4 , about 3. 9 for west texas. Highest levels in more than a week. Gasoline up 5 tracking for its biggest oneday gain since last november. Well, as for chipotle, those shares are edging higher this hour by 0. 2 , but the embattled mexican fast food chain has been taking drastic steps as the restaurants try to contain the e. Coli crisis. Morgan brennan has more details on this. What are they doing . On the heels of the outbreak that sic