Drag hi speaking now the president marks six months in office today. Futures are steady yields below 227 as philly fed comes in light road map begin with a stock rally. Markets poised to open higher aztec stocks party like its 1999 breaking through a nearly two decade old record. Shares of american express, travellers and black stone all falling after earnings. And the Amazon Effect shares of sears are up sharply. The retailer announcing its ken more products will now be sold on amazon. First up with all three major indices posting record closing highs in the middle of a nine session winning streak thats the longest in over two years as they break through the record close surpassing the. Com record on march 27th of 2,000. That raised a lot of eyebrows. Sure did. Its pretty broad based and yesterday was surprisingly much more biotech than tech theres lefation going on. Theres companies that are just being revalued on a daily basis. Amazon being the most in terms of momentum, momentum, m
We will go to that conference once the mayor begins his remarks. Well hear from a number of ceos about how sandy has impacted their businesses. The heads of hartford financial and landry is among the top executives who will be joining us over the last few hours. How equity Index Futures are trading. Will cease trading in 15 minutes time. The dow and nasdaq pointing d n down. As for europe, the action dominated by Deutsche Bank and bp. We do see green arrows across the board with a 1 gain in germany. At least 16 deaths blamed on sandy as the storm continues to wreak havoc on the northeast with new york and new jersey dechaired major disasters. Overnight more than 200 patients have been evacuated from two nyu langone hospitals after backup power failed. Millions on the east coast awoke without power or mass transit. An estimated 7. 8 million are believed to be without power and experts say it could be several days before it is restored. Mass transit at a stand still after an unprecedente
All of the flights here at the local airports at reagan national, dulles, and bwi are cancelled. Be sure to check your airline as you head out the door. Breedsy and light rain already falling and getting heavier across parts of our immediate area right now. Some of the places that are more to the east are being hit particularly hard already at this hour. Now weve got storm team 4 meteorologist tom kierein to break it down. You can see the extent of this storm. Its huge. Its about 1,000 miles wide. Its continuing on a track that is now taking aim at our atlantic seaboard. And way out ahead of it hundreds of miles, we already have very heavy rain bands that are moving in. Heres the latest track. This came out about an hour ago. Its going to be updated about 8 00 this morning. Well get that to you immediately. And the latest track is taking it ashore somewhere from the Central Jersey shore to just south of ocean city. Anywhere in this landfall zone. By then, a very small post tropical low
All of the flights here at the local airports at reagan national, dulles, and bwi are cancelled. Be sure to check your airline as you head out the door. Breedsy and light rain already falling and getting heavier across parts of our immediate area right now. Some of the places that are more to the east are being hit particularly hard already at this hour. Now weve got storm team 4 meteorologist tom kierein to break it down. You can see the extent of this storm. Its huge. Its about 1,000 miles wide. Its continuing on a track that is now taking aim at our atlantic seaboard. And way out ahead of it hundreds of miles, we already have very heavy rain bands that are moving in. Heres the latest track. This came out about an hour ago. Its going to be updated about 8 00 this morning. Well get that to you immediately. And the latest track is taking it ashore somewhere from the Central Jersey shore to just south of ocean city. Anywhere in this landfall zone. By then, a very small post tropical low
All of the flights here at the local airports at reagan national, dulles, and bwi are cancelled. Be sure to check your airline as you head out the door. Breedsy and light rain already falling and getting heavier across parts of our immediate area right now. Some of the places that are more to the east are being hit particularly hard already at this hour. Now weve got storm team 4 meteorologist tom kierein to break it down. You can see the extent of this storm. Its huge. Its about 1,000 miles wide. Its continuing on a track that is now taking aim at our atlantic seaboard. And way out ahead of it hundreds of miles, we already have very heavy rain bands that are moving in. Heres the latest track. This came out about an hour ago. Its going to be updated about 8 00 this morning. Well get that to you immediately. And the latest track is taking it ashore somewhere from the Central Jersey shore to just south of ocean city. Anywhere in this landfall zone. By then, a very small post tropical low