Ashley thank you very much, charles payne. Great stuff as always. Hi, everyone, im Ashley Webster in for liz claman. The dow is off 179 points and back blow that, i guess, psychological mark of 40,000. It breeched it in the final moments of trading friday but pulling back today. The s p 500 and back below 500 and so far so good and s p 500 will be a squeaker and needs five points for the 24th record finish of the year and tups 5. 87. Could be interesting. Reports from lowes target, tjx and big key events on wednesday, nvidia earning ands, yes, the fed minutes. Vice chair Phillip Jefferson saying cautiously optimistic about inflation fight but its still too early to tell if the slow down of inflation is long lasting. Very noncommittal. Itll take awhile to be confident on inflation. Take a look, 2year yield hit ago oneweek high in the session today. Two year at 4 hadnt 48 and 10 year up slightly at 4. 44 . By the way, the 10 year holding above that 4. 4 ever so slightly for the second da
This year. And tom lee has one of the years hire forecast yea years higher forecasts for stocks mike wilson, you had a base case but then you said bull case of 3,000 is much more likely. So you are throwing around the euphoria word and that makes some people kind of nervous about where we are sure. That was our call in 2017 as you recall, we were way out of consensus at 2700 basically calling for euphoria that we hadnt had that yet in this cycle. And so here we are, so i hope you enjoyed it because last year was pretty damn good. So the 2750 target base case is a year end target. The 3,000 bull case we think we could actually hit that in the first half because were obviously getting more momentum than expected. Not only from a market standpoint, but also the tax cuts were bigger than what we were forecasting 21 as opposed to 25 . And were getting a little chase. But i want people to understand what that is this is not a better risk reward than last year this is a worse risk reward beca
Victims sister. Reporter erin this is where derek mills was found shot in the head on the sidewalk just a few blocks away from his house. His friends and family and homicide detectives are looking for information to bring his killer to justice. Derek mills was a man larger than life in the eyes of family and coworkers. We called him the gentle giant. Extremely gentle. Very compassionate and loving. Reporter mills picture and name will be forever connected to the concession stand where he worked for more than 20 years at the wells fargo center. It was on the night he tended the grill during a sixers and flyers game when the 57yearold father and grandfather was murdered on his way home from work. It was extremely devastating. Reporter a gunman shot him in the head during the robbery in logan. Police are looking for this man captured on Surveillance Video stalking mills before the march 20th shooting. Notice the way he walks. The suspect was in a darkcolored jacket with a nike logo on the
Two fiscal years to accomplish that. Now about 4 milliondollars set aside for the Police Department and for Training Police officers on how to deescalate situations when confronting suspects. About 11andahalf Million Dollars will go to violence prevention programs in the next two years and there is funding for one hundred tasers that would have to be approved bit police commission. The funding would include offensive shields and 35 net guns that employ a net to subdue him. At the heart of it to make sure we have the appropriate oversight to make sure it is transparent and honest approach. It is disheartening you know that he is reactive and thinks this will placate us. The only thing to make us happy if he listens to the community. We dont want tasers. We want the chief of police to go. And as you just heard activists are skeptical that the reforms will work. Protestors stormed city hall in the wake of Deadly Police shootings demanding that the mayor fire police chief suhr. But he has
Morning and it caused enough concern that the bomb squad and determined the device was not explosive. This is near valencia and caesar chavez, everyone was evacuated here. Also a near by construction site and st. Lukes hospital which is just across the street was ordered to shelter in place, meaning nobody coming or going. Finally around 11 30 this morning the bomb squad finished ex raying the suspicious device and it was not a threat. Designed to make someone think it could be a explosive device but also had signs that it was meant to be a hoax. Reporter and again police say it does appear this may have been some kind of a hoax. Investigators arent sure if someone left that device intentionally here at the Salvation Army loading doctor if it may have fallen off one of the deliveries trucks that sort of come and go from the Salvation Army throughout the day. The scene is all clear here. The bomb squad gave the all clear within the last or hour so, that suspicious looking device it had