Well have the cancellations coming up next. Ancellations well, good morning. You are taking a live look at the sun valley mall in concord from overhead. We pan around, you can see some happy shoppers there. Not too bad. This is a traditionally busy shopping day. Coming up in a couple of minutes, ktvus Tara Moriarty will be here to tell us. Good morning. Lets start with weather and traffic. Cant help but wonder when i look at those pictures on the mall, how many folks are shopping for themselves. Or for others. Im guilty of that in when you buy a big old tv, sometimes, you know 6040. For yourself sometimes for you. Yeah, yeah, yeah. If youre going to be shopping. Its going to be a heavy area. Even dense fog advisory. Giving you a live look here at the low clouds. Patchy fog. Well be partly cloudy for today. Were going to be mainly dry for today. Things are starting to change. First a snapshot of the low clouds and fog widespread. Visibility down to a quarter mile. Be aware of it. Dense
Pleasant thanksgiving holiday. The dow was able to squeeze out just enough of a game to notch a fresh record close on a holiday shortened day on wall street. But, the big story of the day was another tumble. And i do mean a tumble in the price of oil. Rattling the Energy Sector and keeping equities from making even more gains today. Todays big drop in crude prices. Comes after opec ministers voted on thursday not to cut production levels, despite lower demand and an oversupply on the market. Some analysts expected the cartel to cut production to help end a monthlong freefall in oil prices. They are down about 40 just since june. But no cuts came, and oil prices spilled like they had sprung a leak. Domestic crude off 10 today, tanking at 7. 54 to close at a 4 1 2 year low of 66. 15 a barrel. The International Bench mark brent fell another 2 to a fresh multiyear low of 70. 15 a barrel. Now with the price of oil plunging how bad could it get in the Energy Sectors . Bertha coombs has more.
Their own flakes that were flying but wasnt adding to the additional or adding anything else to the totals that we have seen in terms of snowfall. That set, you might have a light dusting that gets added on by the time it is all said and done this is clearing out as we speak. Heres how we did from the latest update mount pocono picked up 8 inches. Over half foot for new tripoli n new castle you nearly got gipped,. 3 of an inch fell. We expect that sharp gradient set up with the rain snow line. We were split in two with this storm system yesterday. Thirtysix in the airport. Meanwhile you are flirting with freezing almost every where. So the reason i show you these temperatures american anything is to keep in mind especially how the snow accumulates you may be lift with wet roads or slush that could be freezing over. If the roads are untreated perhaps just be extra careful. Were all stuck in the cold at this point. It is a running theme not just for our thanksgiving but black friday. Mea
There are outside players involved in supporting both sides and seeking to apply diplomatic pressure on outside players to seek to minimize. Is there are concerns about protecting the assets of the libyan people in the form of the assets of the central bank to ensure that they dont get acquired by either side. I think its not about how much time he spent in libya. Northeast of them are taking place outside libya meetings in rome meetings in malta, meetings in tunisia, meetings in cairo. I think that would understate what hes doing to look only at the time spent in libya. Obviously, time spent in libya is restricted by security considerations. To be able to forge meaningful relationship stz. Good. President ,you touched upon in anxiousing my questions on the issue of being on the doorstep to europe. If so, how do we counter this threat, specifically on the migration issue . Well, the migration challenge is a threat to the whole of europe, not just to the u. K. But to the extent that tra
And nasdaq down 15 points, the sp sitting at 1752, also worth noting we were still on the 5 pullback area where we have been watching for the dow and the s p, the most recent highs, we were off 5 and 6 respectively. In the meantime what is interesting is trading, the market has turned a little bit negative. The fear index in the green at 1953. And the Third Session in a row, the key level as well and save haven of gold up 6. 5 to 2. 6 . Adam we want to turn to commodities. Will prices are wavering on the latest inventory data. Phil flynn is in the trading pits of the cme so supplies rose less than expected. Where are the bigger gains . Those numbers are skewered by the weather in the gulf of mexico. In the gulf of mexico last week we had massive fogs, storms, snow, you name it and oil tankers could not offload for. A lot of tankers are still sitting in the gulf of mexico that they think will get back in non land next week so that is tempering its somewhat. The other thing we are lookin