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Shery President Trumps impeachment moves forward. The house formally notifies the senate but a trial could begin tuesday. Lots of headlines to digest today. Australian markets have just opened. How are they reacting . Sophie investors probably liking to play defensive today. Nudging slightly higher belittle change as it is looking to crack the 7000 level. Futures looking elsewhere just nudged slightly higher at the start of cash trade. Youre keeping an eye on resource stocks. We had would side an update. The Energy Player expecting growth on energy and liquid production and aluminum minors in view as well. Deal isng the new trade the best catalyst for demand. Lets address the board to check in on currencies. We are seeing steady currency markets just below 110. Trading near a july high. Dollar not budging much. Bond moves to the upside. 10 year yield on the upside. Back to th ....
Well, vw is downgraded as sales fall in november. Separately, the owner prepares to face workers for the First Time Since the scandal. Shares in yahoo spike on a report that they could spin off the Internet Business in growing pressure over lack of turn around progress. Hello, good morning. Good to see you back with us. Here for another worldwide exchange. We have two hours together. A pretty packed show and a lot going on looking at politics as well as what the markets are doing. We have quite a lot going on. Cop 21 already in paris. Coverage from there and opec at the end of the week and squeezed in between janet yellen later today. Everybody is looking to any hints she could give and the ecb is upon us as well tomorrow so markets may be repositioning ahead of this meeting. On friday wrapping up the week anticipated to see 200,000 jobs created during the month of novem ....
Your wednesday before temperatures eventually push into the 50s. Our range today between 51 and 54 degrees. A southwesterly wind 10 miles per hour. And as we head into the rest of your workweek, i am tracking another round of rainfall and temperatures drop down a bit. Not as bad as what we saw yesterday. So, ill go over your sevenday forecast in about ten minutes. But for now, lets check in with nbc 10 first alert traffic reporter katy zachry. Good morning. Good morning, brittney. As you said, drivers will be dealing with a foggy start. Ill show you some of the fog in our cameras in a minute, but first, a few incidents for drivers in new jersey. There is an accident on the new jersey turnpike southbound right as you pass exit 2, which is the exit for route 322. It involves a tractortrailer. Im told its jackknifed and there is a vehicle off the road. Also, for drivers in pennsylvania, in narberth. This is right along montgomery avenue at price street. There is a fire. All lanes are bloc ....
Volume is a little bit light down there. You think people are sitting on their hands waiting for next weeks jobs number or what is going on . There is excuse to wait. Trend is very much intact. My focus is going on how the trend extending itself and indicators to gauge it. Im looking at vix. I dont trade based on what the vix does but i was concerned with the fact that the vix is holding stubbornly high, not correcting it all even with the stock making new alltime highs. We have the vix explosion in january. Were coming down. Today were down below 14. I look at a positive side. There is downside in the vix, left, meaning more upside in the stock market because were not very complacent yet. Jenna were losing more steam. Do you think acceleration continues and we give away gains . We were up 120, 130 points. Were dipping down. What do you think . Im still very, very positive. You have to understand we made new alltime highs. We continue to make new alltime highs. There might be profittak ....
Stocks have been on a tear lately as you know. Reaching historic highs for the dow and s p for friday. Both the averages kicked off the new trading week with some modest declines. A new round of mergers would normally send stocks higher but not today. The dow is down nine points, the nasdaq managed to eke out a fractional gain enough for a 14year high, and the s p was down by about a quarter point. Even with todays decline, the dow is just 63 points from the 17,000 mark. Rallying 2 this year. With a week to go in the first half of this year, dominick chu takes a look at what helped the stocks get to this point and what may happen in the next leg. Reporter a be hadful of stocks helped propel the dow toward the 17,000 mark. Since then intel has been a star perform performer, shares are up 19 during that time frame, then theres pharmaceutical giant merck. The single best performing stock in the dow industrials over that timespan has been construction and money for caterpillar. Its up a wh ....