Certain tariffs. Not just a trade deal, but actually removing some of the economi existing tariffs earnings continue to lead us higher just a bit. We have names like kroger and tapestry, the old coach beating expectations joining us for the entire hour is a man you know well, steven weiss from Short Hills Capital partners steven, good to see you down here at the New York Stock Exchange good to see you brian good to see us both heres the thing, earnings, trade, maybe just general positive market sentiment. One of those three or maybe something else, that has been the primary driver for what has been a nice little run we are up nine of the past eleven sessions on the s p 500 i think there are multiple drivers to the market. Trade being the most important and the most dominant. You can see the correlation. For those who say that trade is all in the market, thats clearly not true because when you get positive news coming out, the market ticks up when you get negative news, it goes down. So
S p off by almost five and nasdaq down by 24. You see President Trump calling out china and a little afternoon, word about nancy pelosi announcing an impeachment announcement, then President Trump saying hell release the full transcript. This is just the volatility we saw. Definitely wall street watching washington to see what news comes next weworks cofounder adam neumann is stepping down as ceo. The starrup once valued at 47 billion has shrunk in a matter of weeks he said, quote, i am so proud of this team and our company. Our business has never been stronger in the recent weeks, the scrutiny towards me has become a distraction. I have decided it is in the best interest of the company that i step down as executive each will have three votes down from 20. Weworks former copresident and vice chairman have been named coceos of the company the Parent Company, we, could layoff 4,000 to 5,000 in response to this there may be a search attempt for a new ceo. They named two and said they were
Of the temperatures, low mid 70s from fill on south generally speaking. But up toward the mount pocono, it is cool by comparison, and franklin, very comfortable by comparison, as well. So, until we get this warm sort of over spreading the entire region, the further north you go, the more comfortable it is, walking out the door, meanwhile, in the low and mid 70s along some of the shore points, as well. Taking you forward in the eyewitness Weather Forecast for the region as a whole we expect mid 70s, in the poconos, i would say late in the day your first shot to see shower, perhaps again rumble every thunder generally, we will see that in picking up into the early afternoon around the shore point, in philadelphia, and more clouds than anything. And weve got sort of hazy view here, as well, as i speak looking up toward say the moon. But, it is turning more humid. Thats the story. Heating up for mid week, as well. You will see couple of 90s showing up in our seven day which well have for y
Have a quick shower rolling on through, for the most part, outside of the viewing area. When we put things into motion what you will notice, see how things sort of fizzle away over delaware, new jersey being granted you might have bit of mist, certainly clouds, and you might have very fine sprinkle, but generally not going to be seeing too much in the way of the wet weather until we hit the second half of the day p. M. Time frame, across most of the board. Lets say. Meanwhile, though, even in through delaware might ends up with heavier thunderstorm as the day goes on. Seventytwo in philly, low mid 70s really across southern new jersey, down through delaware, little cooler by carson, but definitely starting to feel the clammyness building in, aoun through the pocono region, right on par with charleston, South Carolina, Atlanta Birmingham warmer than little rock arkansas, gives you a idea so on par generally speaking where we should be with temperatures today. I would say more than anyth
You were driving and dropping someone off . Yes. Did you see people out that were injured . No. A lot of people get out from the restaurant and a lot of police. A lot of police running out. If there is good news here, is that there are no major injuries. It looks like three people treated for pepper spray and one also had a possible hatchet wound. The Movie Theater and a Shopping Center in a middle class neighborhood, this a copycat of the gunman two weeks ago in lafayette, louisiana, cops dont know. That shooter killed two people inside a theater, he later killed himself and of course right now in colorado a jury deciding whether a convicted killer james holmes should get the Death Penalty or life in prison for killing 12 people in a Movie Theater in colorado three years ago. But tonight more gun violence and we are working right now on trying to figure out who this shooter was and any possible motive, we will keep you posted. David. Thanks. We have more breaking news and we may final