Sustained winds increased to 120 Miles Per Hour. Harvey is located about 75 miles southeast of Corpus Christi, texas. The eye is now becoming apparent in the go 16 visible imagery. We can see the eye on the radar from Corpus Christi as it makes approach to the middle texas coast. While harvey is going to make landfall in the middle texas coast late tonight or early saturday morning, bringing major hurricaneforce winds on land within the warning area. Were seeing sustained tropical stormforce winds over a large portion of the middle texas coast. Sustained winds in the last hour of 49 Miles Per Hour with higher wind gusts. You can see the multiple rain bands spreading onshore. Over the next 1224 hours, harvey is going to make land fall and should progress slowly inland and stall out for several days. The biggest hazard that were concerned about in the short term is the lifethreating storm surge from the left of the Padre Island National seashore to sergeant, texas, could see six inches 6
25 jump in earnings and vowing to restart its dividend. Happy holidays for intercontinental. Shares rise as the hotel group increases its dividend on higher fullyear profits. The ceo tells cnbc the impact of sterling weakness is muted. It had marginal impact on us on the year, it reduced our overhead cost on sterling, but we had an impact on revenues because were dollarbased, report in dollars. As far as the rate, very little amount. Good morning. Lets kick things off with a bit of data for the eurozone, that looks to be stronger than forecast. Market february flash composite pmi came in at 56 versus a reuters pole of 54. 3. This 56 print, that is the highest since april 2011 that follows upbeat data from germany and france this morning. In germany, private sector growth the fastest in three years, and in france, the composite pmi at the highest level since 2011. Interestingly enough, also prices rising. That obviously could crimp growth going forward. Now by in large it looks like a h
As it basically is a risk on. The steeple the sleepless decline. The fund for the bulls began overnight. The first round of the French Election it will not indicate that. They spike 222 points. The s p up 25. Up 73. You uld witness a record close. The 23rd of the steer. We of expert traders danny by to analyze every angle. President trump sends a message through press Secretary Sean Spicer an hour ago. No rush to have a new healthcare plan. They race to prevent some form of tax cut plan the day after tomorrow. Big beautiful wall may stand in their way. They need democrats this time. Congressman Brendan Boyle a pennsylvania as a democrat who sits on the Health Budget committee. Is there any circumstance where you would vote yes less than an hour to the closing bell. Lets go. Breaking news that we we already see what was a very strong relief rally muscle up even more in the final hour of trade. After round one of the French Elections turned out exactly as the markets had planned it. Just
Meanwhile north korea is issuing another threat ahead of their military celebration tomorrow. The fight is heating up whether to include the border wall in the budget, a battle that could lead to a Government Shutdown on friday but is it all bluff . The latest details on all of this and more. Melissa the relief rally is on. Stocks surging in the close. The dow ending up more than 200 points in results to response from resultsf first round of frenchlections. Brand new detas on the presidttaplan. Wells wills on floor of New York Stock Exchange for gerri willis on floor of New York Stock Exchange where we have some of todays winners. Gerri. Reporter were up 216 point as youve been saying, all about the French Election, a consensus centrist candidate, emanuel macron, one trader told us that is what traders wanted. Jpmorgan jpmorgan up, up, up. This is a vote for the middle ground, not blowing up the eu but making serious questions about it. The nasdaq as you said, hitting alltime high. Loo
Coast and the vineyard. Look where the heavy rain is right now. The north shore is getting more at 40 miles an hour. I have a steady band of rain. It is along 290 and just north of the pike. Thats where we are getting the heaviest rain right now. I am watching a couple of things. This first batch of rain starts to move out during the evening. But then more rain will move in overnight as the low socked in with the solid deck of rain. The future cast looks a little over done, but i think the trend will be there. We will see more rain coming through at about 8 00 p. M. Then we get a lull overnight. Then at 4 00 in the morning when sherry takes over shooy is tracking more rain. We will talk about the cooler temperatures to follow straight ahead. Thanks, gentleman i son. Is tough enough without added complications, but this afternoon we have a beg one. A a watermain broke this morning in chinatown. It closed businesses and snarled traffic and even forced evacuations. Jim morelli has been th