That means it is 943 millibars. Sounds technical . It means it is a really deep storm, even for a hurricane, and it is transitioning into a nonhurricane, and yet maintaining its strength. Thats one important factor. The other important factor is take a look at the bends that this storm is making. You can see that really well on the satellite photograph. That bend from east to west is very important, because it is bringing the water with it. In fact, the only storm that ever did that before, at least in my lifetime, is the perfect storm back in 1991, just one day different from today. It was october 30th in 91. The differences between that storm and this one well, that storm, as you could see, basically skirted cape cod, never really making a full landfall, but but, there are important similarities as well. The similarity is, number one, extra tropical storm, was a hurricane, turned around. And number two, both those storms moving from east to west bringing both the winds because of the
Coverage from every angle of this story. Todd gross is here with us at battery park city, we have Mary Thompson from the port of baltimore, Brian Shactman is on long island. Kayla tauche in cape may, new jersey, and we will be navigating the carnage for the next two hours. It is expected to pick up in severity in that time frame. Lets start with the big picture from todd gross. Todd, where is Hurricane Sandy although this moment. Tell us what comes next. Less than 100 miles to the southeast of Atlantic City. In fact, breaking news for you. The storm is accelerating to the point its likely to cross the new jersey shoreline by 7 00 tonight. If it does so, it means we may get rid of it a little earlier. It also means the impact will be that much greater. The storm about to slam in from the east into new jersey. This is a really curious storm. Ill explain why. The latest 940 millibars. What does that mean . It means its a deep storm. If it transitions to a nontropical system, a nonl hurric
But at this point it has decided to shut trading all together. That happened after it had conversations with other u. S. Stock markets and with u. S. Regulators, including the sec. And this is the first weather related shut down since hurricane fwlor i cant back in 1985. The cme group is running its urk of usual futures session from 6 00 p. M. To 9 15 a. M. Eastern. You will be able to see the stock Index Futures throughout the morning. They are under pressure right now. Cme will be shutting down trading after that time. So depending on the impact of the storm, its possible the same scenario will be repeated this morning. Three companies have canceled earnings reports. Pfizer, nrg and entergy. The government still planning to release personal income and spending data at 8 30. The question is did they decide to shut down the electronic portion because the s sec and others said we dont know whether the system unto itself will work, or they did taest it back in march. And they were undete
Eastern seaboard for days. Expected to create dangerous storm surge, flooding, as well. Cnn has Hurricane Sandy covered like no other network. Were talking with the delaware governor jack markell, new jersey mayor cory booker, craig fugate will be our guest. Virginia governor Bob Mcdonnell. John berman is live in battery park, Lower Manhattan. Expecting big storm surge there. Rob marciano has the forecast but also is live in asbury park, new jersey. Sandra endo is in ocean city in maryland. Youve seen the deteriorating weather conditions there. George howell in Kill Devil Hills, North Carolina, on the outer banks. Has for hours now. Lets begin with rob marciano for the latest on what sandy is doing right now. When she is expected to make landfall, and how it will be all the way through. Rob . Good morning, again, soledad. The center of sandy is about 380 miles southeast of of new york city. The wind field expanding. Weve got 800 miles of Tropical Storm force winds that will be batterin
Already starting to fall, and fema, federal Emergency Management agency, says the storm damage from wind alone could reach 3 billion. Were also going to be hearing from the president about 45 minutes or so from the white house. He is going to be making a statement, updating the conditions of what the federal government is doing to tackle this horrific storm. Forecasters expect that sandy will make landfall as early as tonight. The eye of the storm appears headed for jersey shore. The delmarva peninsula. Its an area that includes delaware, parts of maryland and urban search and rescue teams already standing by in maryland, waiting for deployment orders from fema. Coastal maryland getting ready, already pounded by a strong waves, high surf. Martin omalley is following developments from the Emergency Management center. Governor, first of all, thanks for joining us. I know this is a very busy time for you. I was just in maryland over the weekend visiting with family and friends, and clearl