you as well. it is friday, july 12th. fbn: a.m. starts right now. hands on your waist and go. get up, get up. hands on your waist and go. get up, get up. lauren: welcome to fbn: a.m.. good morning to you. happy friday. i m lauren simonetti. cheryl: good morning, everybody. i m cheryl casone. lauren: let s take a look at how your money is moving. u.s. futures moving to the upside. the dow record close yesterday, above 27,000 for the first time. futures gaining 86. s&p up 7, nasdaq up 22. cheryl: optimism on wall street has been showing up in rising bond yields and right now as you can see the 10 year is actually down. they were at 2.12%. so a little bit of caution today with the 10 year. lauren: a storm in the gulf of mexico boosting the price of oil, $60.68 a barrel, that s a gain of almost 50-cents. cheryl: we just learned china s june trade surplus with the u.s. rose to 29.92 l billion dollars, that could add another layer of tension in the ongoing talks. as
maria: we have breaking news this morning, we will take you for a live look out of new orleans, look at this, we are tracking tropical form barry this morning, making its way toward expected landfall in louisiana, we are bringing you the very latest developments this morning and live updates all morning, stay with us on the developing story, joining the conversation, fox business network dagen mcdowell, the american conservative union chairman mat sclapp and michael block, great to see everybody this morning. great to be here. great to be here, i m glad it s dry. maria: i m glad it s dry too. we have a storm that we will be tracking, look at the markets, michael, another record high yesterday. record territory once again, dow industrials up 95 and nasdaq up 24, to what do you attribute strength once again in consistency? dow jumping above the 27,000 mark for the first time ever yesterday. a couple of weeks ago jay powell was waffling on path to rate cut later this mon
only, to kill him. the officer in the driver s seat - jesse hartnett. i m shot! i m bleeding heavily! shot 3 times in the arm. richard ross/police commissioner, philadelphia police department: i m absoultely amazed officer hartnett is with us today despite his serious injuries- hartnett managed to get out of the car.follow the suspect, and fire back other officers soon arrested the injured suspect - identified according to our abc station wpvi- as 30-year old edward archer. police saying the suspect - gave an alarming confession. captain james clark/homicide unit, philadelphia police department: he said that he follows the islamic state. religious teachings of allah, and he was called upon to do this. police defend laws that are contrary to the teachings of the koran. investigators now trying to determine how he was radicalized. as officer hartnett.recovers in the hospital. sot - robert hartnett father i see his is waking up.. it s going to be a tough road.. he is a tou
then this. when you walk out the door, first thing in the morning you may be stunned by how cool it is or if you had your windows opened last night as it might have been a routine for you, i m sure you closed them. look the at the temperature in reading right now. we have 38 degrees. temperatures in the 30 s in the area this morning. there is a frost advisory and that is going on up through poconos and scranton for temperatures getting in the middle 30 s this morning and that is until 8:00 o clock this morning up through that area. otherwise we re dealing with lots of sunshine today and we will hang on to that sunshine throughout the entire day basically very few clouds even if you see any at all. things are looking nice there. but boy, is it cold? look at that in the poconos three, 2 degrees. thirty-eight in allentown. forty-two in trenton. 38 degrees in lancaster. we have temperatures in the 40 s in south jersey, lower 40 s and 52 is the the mildest temperature in wildwood.
to the day, it the is 32 degrees colder right now in millville then it was yesterday morning at this point. 23 degrees colder out at the airport in philadelphia and almost, 30 degrees colder in allentown. our temperatures this afternoon will be running some, maybe nine or 10 degrees cooler then yesterday, highs this afternoon, 61 degrees. a lot of numbers there. we will even it out though i think with some of these numbers getting similar during that eyewitness weather seven day forecast, straight ahead, todd? carol, thank you. a violent night the in the city of philadelphia, five people are shot in two separate shootings. eyewitness news reporter syma chowdhry is live at police headquarters with more on the police investigation, syma. reporter: well, todd police are investigating these two separate shootings that happened in different parts of the city leaving five people injured. now the first shooting happened, just after midnight the on the 15th 5200 block of dela