Sunshine, just hot steamy day. Sixtysix already at Philadelphia International airport. Now that the suns up, all we do is keep on climb interesting here. 63 degrees currently in ac. In at 61 degrees in mount pocono. With our wind flow, predominantly out of the south. Basically, so again with that southerly wind flow, you get the heat pump cranking. We are shooting for about 80 degrees. Both at the resort towns in general, at the shore all sunshine all day. Little breezy granted. And youll certainly need to have that sunscreen ready to go. But in philadelphia, hottest day we forecasted yet. 90 degrees the expectation this afternoon. Justin . All right, here we go. I can hear the complaints coming in already. Thats what we do around here. But you know could be worse. Not talking about record temperatures. So lets talk about the roads. Actually looking okay. You know, still coming offer the long holiday maybe people just still hanging out at home taking little extra time to back to the sw
The suspect down yet. He is accused of more violence. Police have named Christopher Goode as a person of interest. He is wanted in connection with a stabbing last month and an incident in ohio. F you see him, call 911 entershe government fallenth day, right now u. S. Military members are being denied automatic death benefits. 17 members have been killed in action since the shutdown. Shutdowngon says the means there is no authority to pay the money. Congressional members plan to fix this oversight today. Hundreds of employees are returning to work this morning. They decided to recall more than 200 workers who were on furlough because of the role they play in ice memberserver for duty. 56 degrees at the airport. The president is nominating a new head of the central bank today. Congress get arrested for focusing on a different issue. This is the beltway at Baltimore National pike. What does that first spoonful taste like . Ok. Honey bunches of oats. Ching mmmm mmmm mmmm wow its the oats.
Members for a shortterm debt ceiling increase. However, this is very far from a done deal. The market is reacting to the upside, but analysts that im talking to say this is mostly Short Covering by those who were betting that we would go right up to the debt ceiling. So this is a market you want to be extremely careful in. The Dow Jones Industrial average up 237 points. The nasdaq is up 73. A full 2 move. The s p 500 is up 27 points. And while our political leaders try to hammer out the deal, the shutdown and the debt threat is having a very real impact on average americans. Many are fearing about the loans that they have, their savings, their 401 k . So in the next 30 minutes, were going to answer your concerns and your questions. We already have some of them, but you can add to them by going to twitter and facebook facebook, askcnbc. Joining me is michael, president of seaborn Mortgage Corporation along with c nchnbcs Sharon Epperson and jean chatzky. Were so glad to have you here. T
A plane land at the wrong missouri plane last night. The flight to chicago midway was scheduled to land at the nearby Branson Airport with a longer runway. Nobody was hurt. Thats the good news. It is not clear whether the plane landed at the airport by accident or whether there was an actual emergency. And picking up on what becky was talking about in news around target, Neiman Marcus is saying thieves stole some of its customers payment card information and made unauthorized charges over the holiday season. No estimate yet on how many customers may be affected. Reuters reporting that target and Neiman Marcus may not be the only u. S. Retailers breached during the Holiday Shopping season. Three other wellknown retailers were hit with smaller breaches than the one that hit target using similar techniques. Walmart tells cnbc it did not suffer any Security Breaches over the holiday, so we can cross that one off the list for that. Meantime, back to becky with a lot more news on target. Tha
They arent expected to grow much when First Quarter profit reports start coming out tomorrow. Send small children out of the room, we warn you as we show you these numbers. The dow down 166 points. The nasdaq completing its worst threeday slide since november of 2011. It was off another 48 points today. Falling to a twomonth low. And the s p 500, it hit an alltime high just a week ago but today down another 20 points, capping its worst threeday slietd in two months. We have two reports on todays selloff. Bob pisani at the New York Stock Exchange but we begin with sheila at the hardhit nasdaq. Despite the overall losses, some traders were encouraged by todays action. Pointing to pockets of strength from sectors that were recently under pressure. Biotech, for example, which has been a weak sector, did see a bounceback today. The nasdaq biotech index hosted a gain in companies ended the session on an up note. Also socalled momentum stocks that consistently move in a direction regardless o