i really want to get your insights on the fed. absolutely. let s start with yesterday s earnings and a fed-fuelled rally and stocks the dow trading back above 25,000 after the fed left rates unchanged, and signalled that future hikes are pretty much nowhere in sight here s fed chair jay powell making the case for caution. financial conditions tighterned considerably late in 2018, and remain less supportive of growth than they were earlier in 2018. while most of the incoming domestic economic data had been solid, some surveys of business and consumer sentiment have moved lower, giving reason for caution. it was that and much more in the statement just about everything that jay powell said yesterday that the markets really took hard and said, okay, if they re on hold potentially for the rest of this year. what do you think, steve everything he just said we had brexit originally, it caused the collapse of the market. i think it was the whole president trump thing,
the nasdaq indicated up by close to 7.5 points. in asia, you will see the nikkei actually was flat. it was down by 0.03% hang seng was up bay half percent. the shanghai composite was up by 0.3% in europe, in the early trading, will you see that right now it looks like things are mostly positive the dax is up by 0.3%. the ftse up by 0.6%. a couple big stories uber saying its ceo will head to london to meet with the transportation commissioner of london they will discuss london s decision to strip uber of its operating license. this coming 24 hours after theresa may called london s decision disproportionate. so uber may be back in business in london. joe mentioned this earlier, big deal in my world ikea announcing it s buying taskrabbit, it leets users to hire people to taskrabbit? i know this only because andrew has been into the idea of getting people do stuff for him do you like farming things out. having underlings do your stuff. i see that here. when if possibl
for the markets. dow futures are up about 40 points above fair value. the nasdaq is up by just over 12 points. today s big story is greece. reports say that greeks actually pulled more than a billion euros out of banks yesterday alone but they re saying the nation s banking system remains stable. they re holding a emergency call right now on greek funding. they re talking about whether to extend more liquidity to the greek banks. this could be a pivitol moment. she flew there because we re concerned about what is happening this week. she s joining us with the latest in a couple of moments. the bank of japan deciding to maintain it s massive asset buying program. that move was expected. there was a rough week in china. the shanghai composite dropping nearly 9% marking the biggest weekly drop in 7 days. we re almost there. no it s there. don t we need to get to you re saying for the week. and here in the u.s. today we should tell you there s only one government econ
i m a fire work. well, all around, katie perry s lyrics set to the a soap opera. remind you of the time meisha and i taped that fake soap opera, when young and restless was on town. maybe we will repowe it. we will tell but james corden taking his show on a road to a familiar place. lets check out, lauren in for katie for a look at the forecast. i want to be in a soap opera too. can i be veronica. this is a soap opera. every day. okay, that is your name for rest of the day. temperatures are mild, feeling good only need a light jacket. feeling good in my pleather. 60 degrees in philadelphia 56 in allentown. chillier down the shore. temperatures 45 degrees in ac but we are at 54 in wildwood. also along the coast and inland as well but to the east of i-95 we are seeing some fog lingering, visability greatly reduced in the atlantic city area burlington county, mercer county as well, center city philadelphia in problems with the visibility and in problems heading thr
hours and very nice day in store. 61 degrees in philadelphia feeling nice and mild but much chillier down the shore. 44 degrees. because that number is so close to the dew point, number , we are seeing foggy conditions. 46 degrees is your current temperature with the feels like of 41. beautiful day. patchy fog, still around in the 9:00 o clock hour. by lunchtime bright, sunny skies, 63 degrees, mostly sunny, mild, as we have a high of 68 degrees, above average, got to like that. but for tomorrow not going to like this flood watch for large portion of the area including center city philadelphia, dealing with the potential of heavy rainfall and strong thunderstorms and we will talk about that in your full forecast coming up. no relief for commuters, lately, all right, thanks very much. we are dealing with rain, wet red ways, what we have been dealing with all week long and we are dealing with visibility issues, and it is still lingering out there in certain patches as well.