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Is waiting to see, even when you look at the market it looks like the 10year is sitting above 4. 3 the 2year well above 5 then youve got crude oil prices that are creeping closer and closer to 100 actually this morning theyre off by 1 , back to 22. It was around 93 yesterday. A lot of concerns over at Goldman Sachs. Theyre suggesting they they 12 months from now the price will be 100 for a barrel of wti. Weve been talking about this it would filter through, but the you know, it depends on how you believe. Theres two sides to everything, it seems like. I could debate either side it does hurt demand. Were going to be about 4 a gallon and that may cause people to rein in spending on other things its deflationary and inflationary i could see both ways. It works its way into every single thing from items that have to be delivered to manufacturing. The one thick we did see from bank of america, remember we had them in and we talked about ....
41 with cloudy skies and some rain at 11 00. And this afternoon, yeah we warm into the 40s, but its never really going to feel warm. Keep in mind the other day we were at 77 degrees in philadelphia. 40s this afternoon and 30s for the lehigh valley. Ill break your forecast down hour by hour and show you most likely when youll need your umbrella during the day. But first lets see whats going on with the roads. Jessica boyington has your first alert traffic. Actually seeing an accident clear within the last ten seconds or so. Watching for some slippery spots just in case but that accident scene has cleared out of the way. Another one eastbound on the roosevelt boulevard off into the inshoulder. Not messing with the drive times right now. Also we were watching for the clearing of that construction on the westbound side near south street. Theres also an opening for the tacony pumira scheduled for 5 35 this morning. You can take the betsey ross as your alternate. Oo south florida is expressi ....
Im mike santoli. Wilfred and sara are off we have futures looking to gains from late last week. We pulled out positive, s p 500 up 0. 5 . In the broad markets continuing that coverage from the sell jot from the january hype. You see what were pointing to, another half a percent gain. The dow looking a bit stronger up, 170 at this hour the nasdaq which has been the performer both before and after the correction is up, looking at about 18 points right now. Taking a look at the tenyear treasury this obviously has been an area of tremendous focus lately in the last month or so although the move last week was very plod defendant. Basically going sideways for four weeks, really its amazing how many people are watching that 3 right now pulling back ever so slightly, 3. 86 you wonder if that 3 mark is the watched pot that everybody is waiting for, seeing if it will boil or not the dollar bounced slightly last week up in the dollar index, about 0. 5 its basically fixed mostly down. The yen, you ....
Liters, not the g8 will meet in brussels. The g7 leaders. Morning president obama met the president elect this morning. You wonder if they will talk about a small bank in paris having trouble in new york. A small fine. Works out to 1. 25 years of earnings. We will talk about that this morning. Yes, we shall. The 25th anniversary of the square, including the photographer who took the iconic image. Amazing. Hard to believe 25 years ago. Tonight there is a hockey game. I have heard of it, called the stanley cup idols. New york rangers and Los Angeles Kings. 8 00. What is your prediction . Of course i want the rangers to win. I wanted to be sixgame so they can win it on home ice. All about mr. Lundqvist. Just that simple. They can win. He was stellar in game six. Yes, he was. A data check. Futures negative four. A little bit off the mark yesterday. Not record highs yesterday. 10 year yields accept. Hydrocarbons 102. Backup one doll ....
Alibaba is setting the stage for what is likely to be the biggest ipo in u. S. History. They are planning a threeconfident roadshow for september 3. They are starting in asia. Barclays might have to pay up to 3 billion to settle claims of misconduct according to sanford bernstein. They have been accused of rigging currency markets lying about dark pools and properly setting Interest Rates. We have breaking news on macys. On whatman has more macys is saying about their earning. Standout has been a for earnings, but looks like this quarter was a misstep. Six centsere . 80, below what analysts were anticipating. Net sales did rise. They came in slightly short investments at 6. 72 billion dollars. The company is still confirming its forecast for the second half of the year and said comparable sales were up by about 4 in the Second Quarter. That is also a relatively strong number. ....