Red after bopping when bob iger said he is confident Disney Streaming offerings refer profitable by the end of the year. Target shares jumping but still some areas of concern. Were going to discuss that coming up. But lets start with todays declines in the broader markets. Mike santoli joining us from the new york stock exchange. Mike, a day like this kind of expected after the rally that weve seen . For sure, court. In fact, maybe multiple days like this just because the s p 500 managed about a 25 gain off the october low. We have only had two down weeks in 4. 5 months. All those things suggest theres room for relatively routine backing up of the indexes. What is going on below the surface is a fit full rotation happening. The big winners in the nasdaq 100 in tech have been giving back some of those outsized gains youve been mentioning. You still have a 50 50 updown split on the new york stock exchange. Its not like everything is for sale. The s p 500 is back to levels we first got to
Leaders, stepping up diplomatic pressure for a space find deal in gaza. And at least well see people are killed off at the best its buying some can yet. Another is at risk of of, of slowing the we begin in the United States way, University Students. Some of them teaches local activists or ignoring the schools leadership and all standing up against the wall in goss. This was the scene at the university of texas austin, in the past hour or so. Sometimes of students have been arrested across the country. State troop is detained. Several students who refuse to move University Administrations have grown increasing in this is a nationwide protest movements where stevens have been demanding an end to the jet assembly in guns. Meanwhile, steven protest is at Columbia University, have been given an ultimatum. Leave that encampments or face suspension that were given a 2 pm deadline, which has now passed that demanding educational institutions withdrawal, the investments and companies they say,
We have a lot of breaking news. We need to literature treasuries and the markets. Im interested in what japanese treasuries are doing today. Oil stockpiles rose in the First Quarter despite the opec cuts. Lets see of its having an impact on the price of crude. You can see its unchanged at 52. 96. We have that report that is extremely important. I am trying to filter through what we know and what we dont know. Despiteles are rising the opec cut. Thats the one significant thing. The Oil Market Needs time to rebalance as january stockpiles rose. There is little affect on the market so far. It. Will be looking at in the broader market, the dollar is slumping a little bit. Talking, he was said the dollar was getting too strong and shares in europe. Lets get straight to the bloomberg first word news. Rex tillerson and his russian counterpart vented their disagreement after hours of talks. They did signal that neither side is given up on improving relations soured by russian hacking and syria
Chill advisory has been issued for the cape and islands now. Temperatures running now in the we taunton. Hour by hour forecast this afternoon, you see maybe flurry or two. Partly sunny skies and temperatures in the Single Digits or teens later this evening with your real feel forecast fall together 15 below or 30 degrees below zero by 11 00. Thats why we have the wind chill warnings in place. Dangerously cold. Well go through the valentines day and when we see a warm up. This doesnt last forever. 40s on the way soon. Chris. 40s sound good. Thank you. Heres a friendly remind er you can stay up to date at the cbs wbz boston weather alert. You can the app is free in google play and the apple app store. Work crews are finishing inspections of Manhole Covers on 90. These inspections are the result of a tragic accident where a manhole cover came loose during in oneill tunnel killing a woman. Katy brace has the coverage. Inspectors spanned out aacross the state highways in boston making sure
The car has never looked cleaner. And we may get break from pollen in the air today. Thats really the only positive change that probably came out of those thunderstorms yesterday. Because it didnt give us too much relief at all from the mugginess. In fact, the relative humidity reading right now higher than it was at this time yesterday. We are 87 relative humidity right now 71 degrees, and 8mile per hour breeze out of the south. And your sunrise time, 5 37. Your other issue this morning with all of the moisture in the air, could be fog. Not necessarily south and east every us, not even at the airport, where we have 10 miles visibility, but north and west, 4 miles reduced visibility in lancaster half mile in allentown so we will watch the situation north and west of philadelphia to see if fog becomes a real problem this morning. No advisories are out yet. Well see what happenings with that, as well. Little area every rain to the north it, will continue moving north. So just clouds arou