With stocks kicking off the week to the downside as investors weighed the political and economic fallout of the conflict in gaza and the crisis over that downed passenger jet in ukraine. As the investigation into the exact cause of that incident crawls along, president obama asks for russias help at the site of the tragedy. But he stopped short of outright blaming moscow and made no mention of a rampup of economic sanctions. If russia continues to violate ukraines sovereignty, and to back these separatists, and these separatists become more and more dangerous and now are risks not simply to the people inside of ukraine but the Broad International community, then russia will only further isolate itself from the International Community and the costs for russias behavior will only continue to increase. On wall street, stocks began the day sharply lower with the dow down as much as 125 points. But the major averages battled right back. And at the close the dow was down just 4 points. The n
Through manassas and northbound 95 to head both into quantico and into woodbridge at this point. Thats a look at the ride. Howard has our forecast, our frigid forecast. Brutally cold for this time of year. This should be cold for january. So really cold stuff. We should be in the mid50s. Well be lucky to get to 35 today. Look at the flag standing tall on the white house and also the walk monument. Just a sign of how windy things are with gusts this morning over 30. We had a gust to 40 at dulles a few hours ago. 30 at 9 00. Only 33 by noon. 35 if were lucky. Wind chills wont even be that close. The latest gusts, some strong ones out there gusting to 35 in easton. 30 at joint base andrews. Weve seen gusts to 31 in cumberland as well with temperatures this morning down to the 20s. Windchills routinely in the teens at the moment. Ouch. Officially its still autumn but today it feels a lot like the middle of winter. If you look at howards map, the temperature in cumberland 23. Gaithersburg 2
To the downside as investors weighed the political and economic fallout of the conflict in gaza and the crisis over that downed passenger jet in ukraine. As the investigation into the exact cause of that incident crawls along, president obama asks for russias help at the site of the tragedy. But he stopped short of outright blaming moscow and made no mention of a rampup of economic sanctions. If russia continues to violate ukraines sovereignty, and to back these separatists, and these separatists become more and more dangerous and now are risks not simply to the people inside of ukraine but the Broad International community, then russia will only further isolate itself from the International Community and the costs for russias behavior will only continue to increase. On wall street, stocks began the day sharply lower with the dow down as much as 125 points. But the major averages battled right back. And at the close the dow was down just 4 points. The nasdaq lower by 7, and the s p 500
We have set a new record in wilmington delaware with that 3 degrees. We are watching other cities as well. Our dangerous wind chills will continue, throughout the morning, really through lunchtime. So you have to protect yourself against wind chills ten to 35 degrees below zero. That is what it feels like outside and that is where frostbite can occur quickly. We will check the wind and wind chills and we will tell but this messy weather that is coming saturday into sunday. That is tomorrow, folks, and it could mess up your weekend plans but we will get you through it as we always do, right bob kelly. We have been here an hour and already two water main breaks on the big board, the the new one is in the neighborhood rhawnhurst northeast philadelphia, the intersection of castor and rhawn, so use bustleton or solly through morning rush hour. Second break is on the new jersey turnpike on the walt whitman Service Plaza a in the concession area there. No food or water that is a big pit stop
Mcdonalds joins walmart, gap and target announcing a wage hike for 90,000 employees. The ceo saying its all about the turnaround. Europe going big against google. Reports the eu is seeking a 6 billion fine. Does google in fact have an antitrust problem. Futures are mixed after the first trading day that q2 had. Saw losses on wall street. Oil prices pulling back as investors await the outcome of the ire ran Nuclear Talks. Jobless claims down last week from 20k to 268 near a postrecession low. Data coming out of tomorrows jobs report. Stock markets closed for good friday. A special edition of squawk box tomorrow from 7 00 to 9 00 a. M. Eastern time and of course theyll be all over the jobs number, which jim, after adp, some think might be disappointment, somewhere in the mid 100,000s but now claims. People playing name the number. They have to redo their name the number, right . Whatever they came in yesterday, they had to come and revise. These numbers are so in inconsistent they must d