Jones, but take a look at the major averages on the last day of trading, we saw the dow close at a record yesterday, coming down today along with the other major averages. So just off the record levels we have seen, the nasdaq 100 underperforming, even the nasdaq composite, but the nasdaq and nasdaq 100 of the big winners for the year, we saw a big rally and a lot of questions about whether the reliance, if you will come on the bank stocks for the years gains are something that are a negative one way we are slicing and dicing it is looking at the percentage change, minus the percent of change in the s p 500. It is 9. 4 percentage points, that is the outperformance of the nasdaq. As a can see by the chart, historically it is not that unusual to see that kind of performance gap. At least by this particular measure, the nasdaq is not necessarily signaling euphoria. Joe thank you, lets check in on the bloomberg first word news. Kaylee . Thank you, new York City Fire commissioner says the b
2004. Markets, isthe similar playbook to what we saw in 2017. Records for the major averages. Technology leading again. A pretty broadbased rally. Energy and Consumer Discretionary also getting a lift today. Lets talk car manufacturing. We are getting the december u. S. Auto sales figures for the major auto manufacturers. We are seeing the numbers come in with declines in many cases. General motors down 3. 3 . The estimate was for a decrease of 7. 3 . Ford posting unexpected gain in its sales of 1. 3 as the f series had its best pickup since 2005. Chrysler. 11 for via that matched the average analyst estimate. Outside of stocks, we are taking a look at the dollar today, which is seeing a bit of a rebound. The past five days of trading for the u. S. Dollar, declines that add up to 5 . It is a pretty small one. On the flipside, weve been watching Industrial Metals recently. Look at an index of Industrial Metals, we have seen that rally here. At the top is the price. On the bottom is the
Im george spencer, nbc 10 news. Chilling new details in the murder of a recent drexel graduate. Investigators say Jasmine Wright was on the phone with her mother when she was attacked as she walked into her apartment last thursday. Her mom heard a struggle and then the phone went dead. Police say james harris raped and killed wright. Nbc 10s jesse gary is live at Philadelphia Police headquarters, where harris is being questioned by detectives right now. Jesse, you found out something in harris past that shocked even the police . Reporter thats right. He has a long criminal history stretching all the way back to the late 70s but in 1982 he went to court charged with murder. Ultimately he was convicted, found guilty of manslaughter for killing his father. Hes a monster, a career kral criminal. He has been locked up 31 times. Reporter police point to dna and fingerprint evidence as proof james harris snuffed out a young life earlier this month. Investigators say the excon was hired to tak
Things are starting to heat up. They are. We will leetlwill heat up in a big kay during the middle of the work week. We are adding in the humidity this morning, that will make it feel hotter later on this afternoon. Heres a live look outside. Winds out of the south. You can see a little breezy way up high. We will be breezier this afternoon with winds up to 15 Miles Per Hour at times. The big difference this morning, the humidity in place, temperature change compared to this time yesterday. 13 degrees warmer in mt. Pocono. 10 degrees warmer in millville. Many spots waking up milder today compared to yesterday. Temperatures in the 60s and 70s compared to the 50s and 60 yesterday morning. 65 in lancaster. Waking up to 73 degrees in philadelphia. 72 in dover. It is 72 in wild. Temperatures will continue to climb throughout the day. Mostly sunny at 8 00 75 by 10 00. Lunch time 85 degrees. Well talk more about the heat and humidity anding the chance for our third heat wave of the season. Ne
The rest of europe is open, today. It is lower, falling on the stronger euro, the highest level against the dollar since january 2015. 77 use of the u. K. Holiday, below the the french Advertising Company confirmed the industry slowdown which was signaled by wpp last week abandoning its forecast, clients pulled back agencies slashing spending and prices. The chief executive officer joining wpp inciting a slew of problems affecting the industry, from declining investment by clients, economic downturn in higher Growth Markets and hard bargaining as agencies fight for business. Ad Companies Worldwide are being hit. Shares are little changed on the day. The euro against the dollar rising to its highest level since january 2015. The euro is on such a carrot the moment that it took nothing at all on friday from the likes of mariota johnny mario draghi to drive it to its biggest gain this quarter. The concern Going Forward is it may take precisely nothing again to bring the euro back down. Bu