167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine candidates and were following the action in washington with the key deadline approaching. Mike, lets start with you its almost faz that rotation out of tech into value didnt even happen. You missed it all of last week you know, exactly a little bit of a stutter step that is all. Maybe it took for the overheated big nasdaq names to cool off for 4 1 2 days, 4 1 2 trading days but they are leading the way today. Is a very narrow rally it is a slow motion breakout you look at a year to date, thats g
Parade preparation are underway. Look at the crews working all day for the historic celebration and trying to move quick toll beat this. A nasty winter storm. Were talking snow, some ice and then rain for some of us. And the timing of it all really couldnt be any worse. Just as kids are getting ready to head to school. Good evening and thanks for joining us at 11 00. Im iain page. Several schools on a delay for tomorrow. Check all those at fox29. Com. Kathy, most of our area under a Winter Weather advisory. Were talking about the snow moving in tomorrow morning, iain. You can see it on ultimate doppler a cold component to the storm an warm component. Theyll converge. The warm air though will win out. Theres not a High Pressure system anchored to our north to keep the cold here. So thats the good news. Lets talk about it. We have a Winter Weather advisory through tomorrow morning. South jersey is included. Philadelphia all the way to Lehigh Valley and winter storm warning for the pocono
We have a Winter Weather advisory through tomorrow morning. South jersey is included. Philadelphia all the way to Lehigh Valley and winter storm warning for the poconos. Well go hour by hour. You can see by 6am, the moisture is here. Not everywhere but lightly falling to the north and west of philadelphia. Philadelphia is on it by 7am and you can see a transition over to an icy mix even in the city by 9 00 and then it changes over to rain. Could be a little bit of a break through 11 00 oclock, 12 00 oclock in philadelphia. But then here comes the heavy rain through the afternoon. Highlighted in yellow and its going to pour in the afternoon. How much snow up to an inch as you head toward philadelphia and adjacent suburb one to two in interior parts of our communities to the north and west. Then two to four through upper bucks Montgomery Chester through the Lehigh Valley. Four to sick in the pocono. Changing over to rain even in the Lehigh Valley. The poconos could end as an icy mix. Wel
Really Holiday Shopping round two. Here at the mall, weve seen a lot of people come in with bags full of items they want to return, but they leave with even more bags of items they just picked up and everywhere you look, there is a sale. Its the only time to come. He brought his family to the mall this Morning Bright and early. Picking up where santa left off. The ales right after the holiday, we wanted to see what they had. It was the day after christmas and all mall, its time for the sales, the discounts and all. Were starting to take advantage of the sales. You know, taking care of the old people. Angela brought her dad along, knowing this is the time to buy. I didnt spend as much as i thought, so i have a little extra. Convenient for me. St. Nick may be long gone, but pieces of christmas still hang around. Some workers are waiting for whats to come. Others had a line out the door before 9 00. Not sure what the line was for, but everyone was in line, i had to get in, too. We know it
What keeps the deficit low. The economy is doing well. The budget has been delivered to the congressional office. More on this coming up including information on how the president has earmarked millions for datadriven health care research. Some weak economic numbers and december are raising eyebrows in the u. S. Economy. Consumer spending posted its biggest drop in five years, 3 10 of a percent. That drops after Holiday Shoppers apparently pregame to doing shopping in october and november. Meanwhile, manufacturing in the u. S. Fell in december, the slump in oil prices and a stronger u. S. Dollar impacting orders. Hewlettpackards ceo is getting more money after three years of sales the kleins. The board of directors raised her total compensation by 11 . Ahead of their split of two companies. She will receive 19. 6 million in 2013. She was sent to raise annual enterprise ratings ever in super bowl history 49 game so far. The game was offered and 49 of the homes. Ratings totals will be re