Section markets. We have to talk about the markets because we all started off the week with a crazy stock market. Joel it has been a wild week. The backdrop starts last friday with the jobs report. Markets come back on monday and there happens to be a new fed chair. That backdrop is a really interesting thing that ends with this major selloff on monday. On tuesday, it goes the other way. I think everybody has been a little whiplashed by that. A bigger conversation nine years into this epic bull market. A lot of Retail Investors have only ever seen green and this is their first time seeing red. Carol a lot of millennials, right . Joel the youngs. It is so easy to trade now. If you think about what it was like nine years ago to where it is at now, you can do this on the smartphone with a touch of a button and that is a free transaction. That builds in really bad behavior. That is part of what we read about this week. Even as it is becoming incredibly easy, that behavioral decisions that
Carol we are here with the editor in chief joel weber. And joel, we will start in the finance section. We have to talk about the markets because we all started off the week with a crazy stock market. Joel it has been a wild week. Backdrop here really starts last friday with the jobs report. Markets come back on monday and there happens to be a new fed chair. That backdrop is a really interesting thing that ends with this major selloff on monday. Right . And then on tuesday, it goes the other way. I think everybody has been a little whiplashed by that. A bigger conversation nine years into this epic bull market. A lot of Retail Investors have only ever seen green and this is their first time seeing red. Carol a lot of millennials, right . Joel the youngs. And its so easy to trade now. If you think about what it was like nine years ago to where it is at now, you can do this on the smartphone with a touch of a button and that is a free thing, right . A free transaction. That builds in rea
The finance section markets. We have to talk about the , markets because we all started off the week with a crazy stock market. Joel it has been a wild week. Backdrop here, it really starts last friday with the jobs report. And so the markets come back on monday and there happens to be a new fed chair. That backdrop is a really interesting thing that ends with this major selloff on monday. And then on tuesday, it goes the other way. I think everybody has been a little whipsawed by that. A bigger conversation here, nine years into this epic bull market. A lot of Retail Investors have only ever seen green and this is their first time seeing red. Carol a lot of millennials, right . Joel the youngs. It is so easy to trade now. Andit is so easy to trade now. If you think about what it was like even nine years ago to where it is at now, you can do this on the smartphone with a touch of a button, right, and that is a free thing that is a , free transaction. That builds in really bad behavior.
Into tomorrow. Theres a live look outside right now. We are going to see plenty of sunshine. It will be a great start to the weekend. A little bit on the warm side, above average, or average for this time of year is 86 degrees. So our right now temperature is 70 degrees in philadelphia. 63 in washington township. Right along the shore, 71 in beach haven. 62 in woodbine. 66 degrees in dover. So a mild start to the morning. By 10 00 a. M. , were already in the 80s. 81 degrees. Take a look at your 1 00 p. M. Temperature, 88 degrees. Todays highs will range between 88 and 91, but im tracking even warmer weather and a possible heat wave, its coming up in my full forecast. Today, thousands of pets could find new homes through nbc 10 and telemundo 62s efforts to clear the shelters. The oneday event takes place all over the valley. Jesse gary is live. The shelter is closed right at this moment, but we understand that there are 100 recently rescued cats inside . Tell us more. Reporter thats rig
Closes since july 26th this morning futures are ever so slightly lower dow is down by less than one point below the fair value the s p 500 futures down by 3 5 3 1 2 and nasdaq down by 8 the tenyear up to 12. 160 in terms of the dollar, dollar is down against the euro and yen. Looks like its at 1. 1972, dollar yen is at 110. 04. And if you wanted to check out crude oil prices, slightly higher yesterday wti closing at 48. 73 this morning up 50 cents a couple stories were watching, nordstroms founding family selecting Leonard Green and partners to help take it private. A formal bid could be submitted within the next few week shares are up about 10 in the premarket. Apple getting buzz today after unveiling the highly anticipated iphone x among the highlights, the phone doesnt have a home button it unlocks with facial Recognition Technology it has 2. 7 million pixel display. Thats the highest resolution ever for an iphone and it has an extra two hours of battery life and charges wirelessly