A roadmap continues with the retail wreck continuing, gap, foot locker and ross stores all on the move after earnings. And more on the latest on the disappearance of egyptair flight. First up, stocks are poised to open higher a day after the s p touched a twomonth low on concerns the fed might hike rates next month, or in july. The dow and the s p on track for its fourth consecutive weekly loss, thats the first such streak since october of 14. The nasdaq on pace for its first fiveweek streak in the red since 2012. Yeah. Interesting to put in perspective the month weve had. Money pouring out of the market worse actually, these guys talking on squawk box worse than 2008 and 2009. People concerned its not just one hike, its multiple hikes. I dont know how that conversation comes back on. Thats scaring people. Earnings just soso. Geez, its just kind of a subpar picture, i think. Really . Even with the economy essentially the fed saying its essentially Strong Enough to handle this. Why is t
Changing of the guard and apple is no longer the company, move over apple. Its varney company, about to begin. Youre as cold as ice yet again, the producers get the music just right. Its as cold as ice, yes, it is for some retailers. Were calling it a fullblown ice age and weve got two new victims today. Look at this, j. C. Penney losing money and that stocks going to open way, way down at the opening bell, well, that would be 10 . If loses 70 cent a share. And nordstrom, that stock is going to be hammered, thats another what, 10 , maybe more than that for nordstrom down. Retailers are in trouble, give me the reasons. Start with you, ash. Ashley people arent spending and if they are spending theyre going increasingly online. Where does it leave the j. C. Penney, kohls, nordstrom, back in the stores . Liz. Consumer spending has cut half a trillion dollars, and what were seeing is Sports Authority going bankrupt. Aeropostale, Credit Rating cut to junk, macys, kohls, basically macys ceo s
It is slow. Lots of slow traffic rolling in and no big problems, just a lot of commuter traffic squeezing through. Through the maze, 580 back and if your approach is 80 west, it is jammed up out of oakland, approaching 80 west. Under 20 minutes to fremont street and i will let you know if it gets worse and i will have a complete check in a few minutes. Breaking news were following overnight. Haiti is battered by strong winds and rain from Hurricane Matthew. A major hurricane moving over the area and it could be going to the east coast of florida. It is intense, as you see on this latest view and you see how strong the wind is as you get closer to the eye of the hurricane. You see the preds and you will get into this black coloring. 145 mileperhour winds, category 4 hurricane with a lot of flooding and evacuations, as a result of Hurricane Matthew has claimed the lives of three people. The center of the storm is over the southwestern tip of haiti with 40 inches of rain expected in some
Im still here you know. I dont work here and thats how it is. Bill former panthers player and ravens player stock talks with genet caiazzo about commuting back and forth now is using childhood experiences. Good evening and thank you for joining us for fox 46 news verdana bill melugin. Kayla im kayla ayres. First time fox is thousands of families with charlottemecklenburg schools share more regarding the controversial Student Assignment plan wanting to wait to see how their kids education may change. Bill the possible benefits of maybe branching out impossibly starting their own School District. David sentendrey is live in the newsroom to explain what do you think about doing. That came to light earlier today when the mayor mathewson out a tweet in a nutshell said he wanted to look into his town completely. Annabel mendez is celebrating her daughters tenth birthday by creating art outside of their neighborhood school. Matthews elementary. I know the teachers are like a community so its
Im still here you know. I dont work here and thats how it is. Bill former panthers player and ravens player stock talks with genet caiazzo about commuting back and forth now is using childhood experiences. Good evening and thank you for joining us for fox 46 news verdana bill melugin. Kayla im kayla ayres. First time fox is thousands of families with charlottemecklenburg schools wanting to wait to see how their kids education may change. Bill the possible benefits of maybe branching out impossibly starting their own School District. David sentendrey is live in the newsroom to explain what do you think about doing. That came to light earlier today when the mayor mathewson out a tweet in a nutshell said he wanted to look into his town completely. Annabel mendez is celebrating her daughters tenth birthday by creating art outside of their neighborhood school. Matthews elementary. I know the teachers are like a community so its almost like home. Almost like him but simply the cms assignment