And maybe some headlines on stimulus before then hit a bit of a dip here dow down 150 or so. The nfl confirms covid cases among players and nonplayers with the Tennessee Titans. And governor comeau saying theyre now up 3 . We might start to talk about schools closing. Meanwhile valuations is where we will begin this morning as investors try to interpret data. The price to earnings ratio of a nasdaq 100 of the last ten years, the pe ratio, it is doubled and it is at that alltime high. As you see up there above 30 it was at around 15 to 18. 40 of that index is made up of just the five biggest tech stocks so here is the question. Are stock prices in big tech stretched to a point where the value wakes no longer makes sen. We have the editor and chief of the verge joining us we have not seen valuations among the biggest stretched to this point in a long time. I kaech hearing this whole peer group value thing, but what if theyre all out of whack yeah, i think that is a big question why would
President pushed back by a federal judge that sided with a number of states fighting white house efforts to end protections for young, Illegal Immigrants and sping turn and Justice Department fight it saying promoting and enforcing rule of law is vital to protecting a nation, its borders and citizens. And there should be a bill of love. Truly, it should be a bill of love and we can do that. He followed unusual day at white house as President Trump convened a meeting of democrats and republicans on immigration and in a move that shocked the White House Press corps allowed media to listen in. For people who are not in the white house every day, you have to explain how rare this is. Rare but strategic move as president made case for renewing daca protections in skaiching for border wall funding. Something that democrats will continue to resist. There was no agreement on that. Wean well be working on that. And while theyre working that out, there is the distinct posibility this will all up
Mom. We filed a wrongful death suit against him because we thought he had killed or been involved in the murder. And we did that in 2014, okay, so its been a long road. Reporter now, sources say that kauffman was alone in his cell because his cell mate had left for a court appearance. Now, this is all still under investigation. The Atlantic County Prosecutors Office who is handling all the criminal aspects of this case say they were notified by Hudson County but they have no further comment. Annie mccormick channel6 action news. Rick back to you. Annie thank you. Authorities say they thwart add mass shooting at a school in western pennsylvania. Investigators say a 14yearold boy was plotting to kill his classmates at Uniontown High School near pittsburgh. A search warrant uncovered multiple weapons in the boys bedroom including rifles shot guns machetes and knives. A fellow student alerted authorities. The incident follows two other incidents. Two students were killed during a 15yearold
Eagles people are lining up to meet the eagles players super bowl 8 days away. Philadelphia auto show opens this morning at the Pennsylvania Convention center, some of the awesome rides have the connections to eagles players. Those stories and more,s but first lets get you caught up with the exclusive accuweather sevenday forecast. Reporter its cold right now were in the 30s. 24 in allentown 29 in philadelphia. 26 in wilmington. 25 in trenton. 36 degrees in millville. The good news we dont have much of a breeze, so were not deal with harsh windchills, but temperatures are chilly enough out there this morning. You can see the we twinned spees across the few wind speeds across the i95 are calm. Clouds approaching from the west, this is a frontal system that will sneak through tomorrow that will produce wet weather during the Morning Hours. That front will stall tomorrow afternoon. A wave of low pressure develops along it, we could be talking light snow as the wave rides up the front mond
Crisis management. Russias Central Bank Governors as the Global Economy is coping with political turmoil. We have interviews with her and the finance minister. We are less than half an hour from the european open. I am looking at losses in equity index, futures, really across the board. You can see the the Index Futures down. 2 , as our ftse futures, dax futures down a little more. That doesnt show the picture of what a risk off they it is shaping up to be. If you look at bunds, you see it there, coming below a three handle. Bunds trading at zero point 2992 0. 2992. Get aroundiling to the world. Investors getting into treasuries, as well. The 2 level, i think it is turning out to be a big risk off friday. Anna looking interesting to see we didnt really see such a risk off vibe from the asian session, things were mixed there. Japanese markets weighed down by what was going on in the currency market as we see money piling into the yen, but elsewhere, gains for asian equities. Perhaps tha