Effect until 1 00 a. M. Tonight it feels more like 12 degrees below zero. As we head throughout the evening just keep in mind wind chills will be in the Single Digits we will continue with the bitter cold by 9 00 with the mercury dropping to around 15 degrees, 13 by 11 00. As i mentioned it will get colder as we head in the start of 2018, plus we have a chance for snow heading our way this weekend we will have details coming up in just a bit. Thank you. If you have been outside today you know how harsh that bitter blast feels like especially when it hits your face. Eyewitness News Reporter david spunt is live at Franklin Square fountain with a look at the impact of the sudden cold. It doesnt look good, david. Reporter yeah, you know, i know what it feels like. We had in idea there would be a light show but Perfect Timing for tv, little nut cracker, Holiday Festival in Franklin Square. Reason we came is to show you this frozen fountain. It thousand dollars out a couple hours ago and sta
It is the momentum stocks. We have seen this theme in the past several weeks where we see some selloff of these momentum stocks, ones that have really been running up for a long time. But it has been in fits and starts. There will be a selloff and then will recover a little bit. There is not really a specific individual catalyst for many of them. Take a look at facebook. This is emblematic. One of these big momentum stocks that has been performing well that has now been pulling back recently. Today, it is down 4. 5 . It is also happening with the biotech which has been big momentum stocks. If you look at the nasdaq take index, it has been up big. Then we have seen these big pullbacks. Right now, it is at its biggest oneday drop since 2011. A longer stretch since we have seen that kind of a drop. I want to mention one stock that is uptodate considerably grubhub. It is surging today. Did raise about 190 2 million in its ipo. Today, folks are buying that stock, bucking the overall market
Been here all week. And, boy, a big showdown in washington yesterday. The highstakes meetings over the tax deal brew apart. Tim geithner took the president s latest offer to the republicans. You see him there with Mitch Mcconnell, the Republican Senate leader, who he said he laughed out loud when he saw geithners proposal. Well have all the details ahead. Wow. And a shocking medical headline this morning. Glass particles in a generic drug for lipitor. A drug millions take to control their cholesterol. Very scary findings. Absolutely. Look at this, everybody. The secret santa. We dont know his name, trekking around some of the areas hardest hit by hurricane sandy, handing out 100 bills to those in need. Happy holidays. Yes. Absolutely. Lets begin with americas latest powerball millionaires. One in arizona. One in missouri. And alex perez is in the small town of dearborn, missouri, where one lucky man is about to go public with his good fortune. Good morning, alex. Reporter well, george,
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