We had better than estimated Economic Data this morning. Largely, inflation getting closer to the feds target of 2 . With saw Industrial Production overall falling, that manufacturing zynga first gain in three months. Overall, the Economic Data was a little bit better. We have the sectors on the move and this sort of push off and pull with utilities dragging things down. Health care and Consumer Discretionary helping to support gain spirit, not it is our of the story. The weight from energy and copper worth mentioning. Copper prices at a sixyear low. Gold is trading lower today. Crude oil falling by 1. 5 after gaining yesterday and ahead of tomorrows inventory report. That is the drag we are seeing on the markets. Betty but retailers are holding off, arent they . Julie yeah, and that is why Consumer Discretionary is one of the better performing groups. Walmart is a big part of that. Betty is going to talk with Shannon Pettypiece in a moment about those walmart numbers. Shares are risin
Welcome to countdown, i am and edward. Good morning. The fbi is investigating a coordinated computer hacking attack that targeted jpmorgan and for other major financial institutions, according to officials familiar with the matter. It is believed that the hackers were russian and were retaliating against u. S. Sanctions against moscow. They have stolen data. This comes down to proving who possibly attacked jpmorgan and it has not been decided. The trail is muddy. Investigators are considering the possibility that it is cyber criminals from russia or elsewhere in eastern europe. The fbis involved, the National Securities involved. You may recall the u. S. Considered sanctions or not against russia. Could it be that statebacked hackers do they have the sophistication . The sophistication level with which this has happened is a hallmark of a professional. Apparently a Software Flaw allowed hackers to get in and Remote Control computers. It is apparently something that a hacker is not able
Strike twice cant strike twice, but the ipod was simple, i am told apple watch has up to 2 million settings i could just see my wife fiddleing with it. I know pa ruseing companys website confuses your preorders choices, there are three basic apple iwatch choices basic watch, available in 20 models, the watch sport in 10 models. Then the watch edition that is in 8 models. Keep in mind each of those models comes in dozens of configuration from color to glass casing to size, color and look of the band. I am sure apple will make it as easy as they can on customers. I am betting it will still be overwhelming for many of those customers, i suspect that is what had apple stock under pressure today or buy on rumor sell on reality thing. The thing is apple went long on this way away too long, remember what is at stake if apple did takes eye off real moneymaker, the iphone, just as waves of new android smartphones are about to hit the market, and price defying apple customers are those begining
Clog traffic on this road. Delia goncalves joins us live from the scene with more on the break and the sheet of ice that is there too. Delia . Reporter right, we just learned moments ago that the crews who are here have located the water main break. They are locating the pipe via the valve rather and just trying to get to the valve so they can shut off the water. Of course they have to dig through all the snow and ice that is covering the valve. But in the meantime, yeah, sheet of ice here on river road. And you can see the trickle of water that is now coming down flowing down wilson lane and pooling on to river road. So your outbound lane of river road covered in ice and slush and periodically, were seeing a salt truck which is on standby periodically that salt truck will come out into the lane and treat the roads. So expect delays if you are on outbound river road at wilson lane. Now heres another problem because of the cold, crews say its going to take a little longer than typical b
S. A. P. Gets a boost after they lift the First Quarter profit. The ecb is considering a plan to increase hair cuts on greek Bank Collateral if athens fails to convince its International Lenders on reforms. Hi everybody. Good morning. Good morning. Nice to be back. A lot going on still and this week crucial in regards to greece. Earnings. 150 companies on the s p. Some of our guests are optimistic with regards to earnings but most people are saying we could be in for disappointment. The outlook is going to be harder this year. I dont know. I think the expectations are so low that it give mrs. S more room for companies to meet expectations. It depends on which sector youre looking at. The tech sector has been quite buoyant but then you have other sectors where theres still some nervousness with Global Growth and cyclicals out there. Weve seen a pull back in them. Energy. Oil price 60 barrel but theyre going to have to compensate for the dramatic drop weve been seeing over the past coupl