Attack years ago. Is there another cell with conspirators on the loose . Look at this, please. Were almost there, gas at 2. 01 be with oil below 40 a barrel, we should be bebe be below 2 by christmas. What a wonderful news day. Varney Company Begins you can call it a chemistry experiment, if it goes through. Dow chemical and dupont propose to merge. Due month dupont is up 8 and dow chemical up 8 , a generation ago, a dowdupont merger would have been headlines for a month and now, its a shift. An interesting story, but im not going to dwell on it. The dow as in industrials, little change, maybe down 20 after yesterdays big selloff. We have no clue whether the selloff is over, but we will ask the question, is it over . Stocks came down because of oil yesterday, when it dropped below 40, hit a low of 36. Was that the bottom . No clue. But again, we will ask. Its 37 and change this morning, this hold on, i think were going to play the trumpets. Yes, look at that, didnt you love it, boys an
Nice calm wind, not bad at all, out there, and as we look at temperatures around the region, 48 mount pocono, little cooler in reading at 37, same story lancaster, 42 down in Atlantic City still very mild for this time of day. Rolling through the next few days, warm today, we will get back to the 50s where we belong saturday and sunday, showers coming in saturday, later in the day, and then early sunday, ill time it out for when you i come back in just a few. Taking a look at the roads now, still have accident blocking all lanes at route 309 between highland avenue and the pa turnpike, vehicle has overturned, and tow trucks are on the scene. We will update you when this accident clears. Live look, creek road, still looking nice and quiet as people head out to the malls, septa trolley trains such as norristown broad street and market frankford lines will operate on modified weekday schedule for black friday. Nj transit bus route still on Holiday Schedules until this afternoon, check nj
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The man who led the country into the euro warnings a snap election could cause disaster. This scenario without controversies, without the social and economic disaster. Jamie dimons jpmorgan reportedly needs over 20 billion of Additional Capital to comply with new rules unveiled by the fed. But the bank says it is well capitalized and will deliver strong returns for shareholders. Youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. So, seema, the last couple of days, theres been a terrific off sentiment, but i think its interesting to point out what happened in the u. S. It opened down yesterday. Europe was down 2 , china was down 5 . But the fact that it rallied throughout the day i think is a bullish signal for the u. S. Equity market in the shortterm. It shows a little weakness when people are willing to step in and buy again, whatever their reasons are. Stocks were able to come off the lows of the day, but we should point out that
And likely to go even lower now that opec has decided to keep production at current levels. And thats sent prices down again today. Walmart is basically a lot of the reason why we are still under the range of 50 to 60 points. The dow transportation index,ic look at broadly. As long as you are not trying to move crude oil. A lot to talk about. Hope you can join us here for the next couple of hours as we gauge this important day for the retail world. And we also follow the markets. We stand to close higher today. For the dow and s p right now it will be record highs for the year. Its also been a very good november by the way for these markets. It is amazing to think just at the speed and breadth of the rallying since october 15th. We have to look at the impact oil is having. European yields again hitting new lows overnight. And lets talk to some of these savvy shoppers. Did you get these at the door busters this morning . What time did you get to the mall. 7 00. Very early this morning.