By contrast, the republican event relatively calm. Donald trump read from notes, no off the cuff insults, the fights were outside, streets shut down, chaos, 24 arrests. Look at this, the new fox poll shows trump extending his leadment bernie closing in on hillary and the biggest shock of all, socialist sanders, beats all the republicans in head to head matchups and beats everyone on likability and integrity. Moving on despite the apartment popularity of socialism, the dow is only 70 points and 18,000 and closer to an alltime high. Varney company is about to begin. Read this and weep. You better fill up your gas tank today. Gas keeps going up. Wa, wa. Stuart up another penny overnight. 2. 11 is the National Average. Gas is up 42 cents a gallon from the low in january of this year. How about dow futures. How are we going to open this friday morning . Down just a little. Not much. Here is why were going to open down, its oil. Its back to 40 a barrel, down over a buck. A big meeting in qat
Markets. The dow, nasdaq and s p firmly in the green. It came down to one thing. A weaker dollar. The dollar has fallen for six Straight Days sitting at its lowest level since august. Is it really this simple. Its been weaker are dollar and stronger oil, too. They go hand in hand. Im still in the camp that were in a correction in the dollar. For the last month or so, ive been wrong on being long dollar. When i look back at the longer term, we had 18 months from 2014, to the peak in 2015. Where we had a 20 run in the dollar. Now, over the last 14 months, weve dropped 7. 8 or so. To me thats a correction. So somewhere around here, i thought it would hold 94. When i talk about the dxy, i thought it would hold that, but it hasnt. I think somewhere around here im going to be looking for a turn. Its very significant that the dollar does keep on this decline. For the market . I think significant for a lot of different reasons. First of all, i think theres been a bit of a lending mentality. Ce
It is worth noting that the january wti contract expires today so you very likely will see higher prices for wti tomorrow. In the meantime gasoline prices dropping four cents over the last two weeks. The lundberg survey puts the nationwide average at 2. 06 a gallon. That is the lowest weve seen in over six years. With more on the oil story and whats happening with the markets in just a moment. But, first, a developing story outside the world of business. At least one person was killed, 26 others injured, this after a car crashed into a crowded sidewalk on the Las Vegas Strip. Police say the vehicle drove up onto the sidewalk in front of the paris hotel and casino, hit a car and then drove back onto the sidewalk and hit more pedestrians. Investigators think the crash may have been intentional but say they are confident this was not an act of any terrorism. A 3yearold was in the car with the driver. The driver did leave the scene but has since been taken into custody. Is being interviewe
Four miners trapped under ground for 36 days are rescued in china the longawaited u. N. Brokered talks on how possibly to end the syrian conflict have started. With one side present, the representatives of the Syrian Government the main Syrian Opposition group says it had delieded to travel to geneva after being given assurances by the u. N. , james bays pass been following costs in geneva. On this, the first day of the talks, only one of the main parties actually turned up here at the u. N. Headquarters in geneva. The Syrian Ambassador to the United Nations in new york, is heading his countrys delegation, and came here to set out his case to the u. N. Special envoy. It was during their meeting that word came through from saudi arabia, that the main opposition block, which for days said it will not come to geneva, unless its demands are met, said that they would finally make the journey here to switzerland. When he spoke to reporters, stefan de mistura said he couldnt confirm the news
News today on this thursday. Im chris cato. We begin with meteorologist bill henley as we always do. Bill, theres a chill in the air this morning . You can feel that this morning riding in on the winds that is still kicking in on center city. The wind is dying down but not as warm as yesterday. Look at the air on the aramark building. Most of the area, holding out in the 30s. Look at the 30s for wilmington, trenton, pottstown, just a degree above freezing for allentown. With the wind, temperatures feel like 5 degrees colder this morning. Highs will be in the 50s today. Traffic with jillian mele, first alert traffic reporter jillian mele is standing by with a look at a thursday morning. Good morning, jillian. Good thursday morning to you, bill, to you at home as well. An accident at 422 event between sanatoga and limerick. Thats blocked off right now. And king of prussia, a little bit of construction out here, southbound side, 202, near gulf road. You can see were dealing with lane rest