Its statement to drop the pledge to keep rates close to zero for a considerable time. The feds twoday policy meeting begins tomorrow. The oil shock continues as crude Oil Prices Bounce back after volatile early trading. Brent had dropped to a 5 1 2 year low after the further price declines. Also in the headlines, opecs chief defending the decision not to cut the output. Wti is up by 40 cents only sitting at 58. 21. Last week 13 decline in oil prices sent waves throughout the Global Markets in the last five trading sessions. The yield on the tenyear tnote posted the biggest weekly decline in terms of a drop in terms of basis points since june of 2012. And the dow dropped almost 4 over the course of the week. That was the worst week since november of 2011. Weve been watching the equity futures this morning that look to be bouncing back, at least in early trading. You can check it out at this point, tripledigit gains for the dow futures up by 102 points. The s p 500 up by 11 points and th
Yesterday that really, really was a problem. Thankfully though all the rain is out of here. We take you to storm scan three and theres winddriven, light precipitation in upper levels and most of this is not hitting the ground. But it is certainly worth mentioning. More than anything its getting our wind flow going out of northwest. Heres the thing, guys, if it looks wet expect it has likely frozen over. Even though youre above technically above freezing with air temperature allentown trenton, wildwood, theres a lot of puddles left behind with rain amounts we showed you and ground is nice and cold and in a lot of cases colder than the air s it wo will have had a chance to freeze over. Be careful. What you see here is not what you get. Theres hidden hazards that come along with morning like this when temperatures are what they are. And hey at least we can guarantee youll see sun today. And typical chill in the air with north west wind stick kicking in and in philly 4 1. Jess over to you.
That is somebody broke into the house. Reporter the Atlantic County forensic crime scene unit, the fire marshal, arson investigators and Egg Harbor City police all pouring over the scene. Canvassing the yard, removing evidence and looking for clues as to what happened inside this house on a quiet city street. Im always outside with her and just look over. I always see a little boy playing. Reporter police had a white honda towed in front of the house as evidence arson dog also brought in to look for any accelerants that could have been used to set this deadly fire. Theres lot of damage to the house. We cant say where it start the yet. Reporter now police have not yet released the names of the woman and her little boy. Neighbors tell us the child was only in second grade, of course, were going to stay on the scene here and bring you the latest developments to night at 6 00 oclock. Iain . All right, dawn, thank you. Two people are in the hospital tonight after a fire at a home in hunting
See its looking murky over center city right now. Thats a live view looking across the delaware from the aquarium as the temperatures cool down with very light wind. Were seeing light fog form. 31 in pottstown and below freezing for mount holly eand right at the freezing mark for wilmington. Clouds on the increase today. Any fog will disappear as the temperature climbs. Dry at 9 00 and well see rain moving into the area, especially the western suburbs at noontime today. But look at the temperatures. A big rebound into the upper 40s at lunchtime. Your hourbyhour forecast when i come back in ten minutes. Right now jillian mele is standing by. Good morning, jillianjillian. You have you covered starting in Montgomery County. Fire activity on east 6th street and you can take 11th street if you need to avoid that area this morning. We still have some construction you can see it between 30th street and the vine street expressway. The right lane is blocked, but not causing any slow downs and a
Skyforce 10 was over the Barrack Hebrew Academy where a bag of ammunition was found. Officials say there was no threat, no weapons were found here. Students, though, were sent home while police searched the school. They do not expect to file any criminal charges. Police are calling the drowning of a 15monthold boy at a Cumberland County day car a tragic accident this afternoon. The boy fell into a gold fish pond at the sunshine day care in millville yesterday. While Police Believe it was an accident, theyre woshing with prosecutors and Family Services to make sure this does not happen again. Police also told other parents not to bring their children to the day care until the investigation is finished. Do you plan to hire a lawyer or would you like the court to appoint counsel for you. The court to appoint counsel. A quite response from a man accused in a highprofile kidnapping case. Delvin barnes appeared before a judge just a short time ago. Nbc 10 was there. This is the case that cov