Good afternoon and welcome to bbc news. A 12 year old boy is among five people who died when a stolen car collided with a tree in leeds last night. Officers were called to stonegate road in the meanwood area of the cityjust before 10pm yesterday. Alison freeman joins us from leeds. Yes, when officers arrived here last night they said they faced a scene of company to carnage. You can still see some of the debris from the crash in the road behind me. It was, officers say, a stolen renault clio that crashed into a tree, leaving five people dead. As you say, the youngest was a 12 year old boy, two 15 year old boys also died, as did two men aged 2a and 28. inaudible whether all of them were passengers in the caror whether all of them were passengers in the car or some words walking along the road at the time the car crashed into the tree. Officers are on the scene trying to establish what happened, there is an appealfor establish what happened, there is an appeal for witnesses to come forwa
Live from new york where business never sleeps, this is squawk box. Good morning welcome to snark box. And whats new about that andrew is off today sitting in with us for the hour is Peter Boockvar, editor of the boock report very clever. Well done. Boock report yes i like it also a cnbc cribber we have a lot to talk about. Lets start with the u. S. Equity futures. Rattled rattled. Dow was down by 16. The s p was off by 3 nasdaq down by 10. Its the first time the nasdaq and the s p have fallen in 2018 it had a sixday winning streak up to that point well watch things this morning. Right now modest advances with the dow futures indicated up by 20 points. S p up by 4. Nasdaq up by 7 well see. Still early in the session well see as we head towards that opening bell what will happen overnight in asia, stocks in hong kong closing higher for the 13th day in a row, extending the record rining stre inwinning st index. Shanghai up by 3. 2 the dax is the biggest decliners of europe, down by 0. 2
One of the worlds biggest crypto markets may ban trading altogether we are all over it power lunch begins, right now. And welcome to power lunch. Im melissa lee. We are around session highs now. The dow, nasdaq, s p 500, across the board, green, nasdaq seeing the biggest gain up 0. 7 of 1 . Transportens hitting new record highs. And hitting 70 first time in three years. Crude just under 65 a barrel. Movers, delta higher on earnings, raising 2018 outlook thanks to the effect of tax reform dfc systems a pop. Software provider bought by a Technologies Company for about 5. 5 billion and xerox up by 4. 5 on reports its in talks to strike a major deal with japans fujifilm melissa, thank you. What else is happening at the house. Epa says fuel economy in new cars in the u. S. Expected to hit 25. 2 mimes per gallon in 2017 vehicles the Senate Banking Committee Votes next week, second time on the nomination of jerome powell. To be your next Federal Reserve chairman. More on the deadly mudslides
Extending the new years rally. Today Energy Shares led the way on a rise in oil prices and a strong start to the earnings season thanks to deltas better than expected results and guidance. The dow jones industriae advanced 205 points to 25,574. Nasdaq added 58. And the s p 500 was up 19, rising on seven of the first eight trading sessions of the year. The Worlds Largest retailer is handing out pay raises. Walmart, which is also the nations largest private employer, will pay workers a starting salary of 11 an hour. Employees are also getting a onetime bonus of up to 1,000 depending on how long a worker has been with the company. The ceo says the new tax law is giving the company the opportunity to be more competitive globally. In a statement the company said, quote, today we are building on investments weve been making in associates in their wages and skills development, end quote. In a separate announcement, walmart is shuttering 63 of its samms clubs locations across the country. Seve
Did not get chewed up completely yesterday so they are still there. It will be warmer today. The system has swept to the east and you can see the locale the low cloud deck hanging on. This is a vigorous system going into the rockies and down into the four corners. There will be a breezy and blustery day but a little warmer. Low 70s for some inland which is the coolest days since june. Went from the west and southwest. There is a delta breeze. Santa rosa, 53. 60s for some if you have cloud cover. If you do have clearing, its on the cool side. Calistoga, 53. Bodega bay is also in there. We could get some 40s aboard before everything is done. I slightly warmer afternoon. 60s, 70s and a couple 80s. This man yesterday, i dont think you took a breath for like five hours. Next time you golf, have me along as your announcer. Inexplicably he is using his putting wedge to drive here. I could do it. I think we would have too much fun. I know you are a scratch golfer. 580 westbound good morning to