Of momentum out there. Commodities also fallen, especially oil. Rishaad venezuelan politics as well. The dollar has been steady of late. Nifty futures, there you go. Having a look at these. Various things will be on the agenda for investors. We also have reports that india will be skipping the belts and road forum. You can see there is a move downward for the dollar against the rupee. The rupee at a record low when it closed off trading. Yvonne we have been talking about the big theme, which is the middle east, and whether moves when it comes to oil markets, how sustainable are they as we wait and see if the risk becomes more of a wider conflict. We heard from the fed chief of philadelphia repeating his call to the central bank to stop raising, that Small Businesses in the United States are struggling to cope. A lot of these Companies May not make it with the higher rates. It feeds back into my view that this is why we should hold rates steady. We should not be thinking about increases
Theyre dad better be thankful were going to take you there live power lunch set to come out of oven right now strong gains on wall street this hour. The dow is up triple digits. The s p costing the 2600 mark for the very first time. Its been more than two weeks since the s p was able to screen back to back gains the best performing grews. Check out some individual movers up 4 on its earnings. The food Company Early morning its grocery and Specialty Food business the company missing top and bottom line estimates. Dsw plunging double digits also missing profits in sales estimates. As a Virginia Tech hokie, calling me a turkey is the greatest compliment you can give thank you, michelle. Gobble up. We begin with a cloud of uncertainty hovering over one of the biggest deals in media history. The Justice Department slapping at t and time warner with a lawsuit saying the 85 billion deal is quote illegal and harmful to consumers at t Ceo Randall Stephenson fighting back against the doj decisio
Beginning today . Were going to see the temperatures. We were in the 80s yesterday. Will be in the 80s again today. Indeed, a little bit warmer. We need the warmup to get rid of any fog around this morning. You can see light fog in south philadelphia over Citizens Bank park. Its much thicker in a few of the suburbs, blue bell has threequarter mile visibility. Thats getting thicker, not nearly as bad in lancaster as it was yesterday. Look at south jersey. Mt. Holly and wrightstown, dense fog and burlington county. Youll run into fog to start with but it disappears as these temperatures climb. At this hour, though, theyre still falling. 62 degrees in the Lehigh Valley. Youll see low clouds over easton this morning. Mostly cloudy to start with, 11 00, 77 degrees. As we go into the afternoon, thats when the clouds will be thinning out. Philadelphia will warm from 69 up to 86 degrees this afternoon. 80s for the suburbs and for new jersey, at the shore, mostly cloudy skies and 77. Some break
Route 30 to the schuylkill expressway and speeds in the 50s. Ill be back in the next ten minutes with more checks on your morning drive. Now to breaking news were following for you overnight. We continue to follow this fire in germantown, the flames burn through the restaurant. Nbc 10s drew smith is live on scene. What do we know . Were talking about a heavy fire here, tracy. Its under control right now. Firefighters are spraying a lot of water on it. The walls of the house of gin Still Standing up. Most of the inside as well as the roof. All destroyed from this. I want to show you the video of the heavy flames ripping through the roof of the house of gin around 1 00 this morning it all began. The spoke billowing up into the air at the corner of chelton and pulaski avenue. Firefighters were bashing through the windows at one point to get access to the fire inside. Firefighters are straying it right now. They havent even really begun the cleanup efforts. For the people who own this japa
6 00, 37 degrees outside. Good morning, this is nbc 10 news today. Im tracy davidson. Im vai sikahema. It is cool but we have a glorious weekend coming up. Lets get right to nbc 10 first alert meteorologist bill henley. Bill . We have clouds riding through on those winds. This is a live view from center city. A blustery morning. The winds now gusting in philadelphia to 32 miles an hour. Those wind gusts are reaching the shore, 29 mileanhour wind gusts in wildwood and 30 miles an hour currently in allentown. Thats giving us wind chills in the Single Digits, teens and most of the area feels like its in the 20s. 25 is what it feels like in philadelphia. 23 degrees in wilmington and with that wind at wildwood, 28 degrees. Nowhere does it feel warm this morning. It will be one of those days that feels cold all day long. The wind will be blowing, 22 miles an hour at 11 00. By 2 00, well see more sunshine. The clouds will finally break and the temperatures will peak at 40 degrees. Not a huge