That dow ever close above 26,000 came after eight trading sessions youve seen four days this year where you have seen the dow going up 200 points or more. It only had six days like that last year. This morning futures are relatively flat. Dow indicated up 2. 5 points. Overnight in asia, china reporting Fourth Quarter gdp of 6. 6. 8 , bringing the 2007 gdp to 6. 9 we will get china bay book data at 6 30 a. M. Eastern time, independent Data Collected from businesses from china. Check out europe, where early trading is already underwa way the dax is up. In france, trading up by 0. 10 the treasury yield which we have been watching so closely, pushing above 2. 6 for the tenyear 2. 603 so we were at 25,000 and 1,000 points in eight trading sessions 1,000 on 25,000 is 4 think about 4 . What is every person say, sell side guy say coming on here. Mid Single Digits 4 . So either its more than that or there will be a lot of reversion of the mean. We did 4 already. I get a bit annoyed because its
See that the traffic is finally flowing many hours after this accident happened. The southbound lanes just ago. The northbound lanes here on 275 near mile marker 57 remain closed though at this hour. We have some video of that nasty crash to show you right now. We are told by the florida Highway Patrol that it happened around 11 45 last night. A van was stalled in the center lane of southbound 275 with its lights off for some reason. Thats when a tractortrailer truck came barreling down the roadway and slammed into that van in the center lane. The tractortrailer truck ended up in the northbound lanes. The van caught fire in the southbound lanes and an fhp spokesman told us that the driver of the van was pronounced dead at the scene. Again, if we can come back live here. Another live look at 275 flowing freely at this point. We will keep you posted and let you know when the northbound lanes reopen. But im looking probably a mile this way. Back to you though for now. Thank you, ryan. Goo
Im Richard Jordan at the live desk. New on news4 midday, president obama signs an executive order that offers new protection to members of the lbgt community. Its an executive order that prohibits discrimination on the basis of Sexual Orientation and gender identity. This is for federal workers and federal contractors. President clinton already offered federal employees protection and president obamain colluding gender identity and extending it to include federal contractors, just federal workers. Thats the latest here at the live desk. Back to you. Now to the developing story, the israelgaza conflict is in its bloodiest days now. Israeli air strikes pounded gaza this morning. The New York Times is reporting the Israeli Military stopped two advances into its territory via tunnels from the gaza strip. Gaza returned rocket fire in southern israel. Air raid sirens blaired over tel aviv as people on the street ran for cover. More than 500 palestinians and 20 israelis, including two civilia
Personal life looked like a train right wreck this year. I am stephanie ruhle. It is Christmas Eve. I would like to say that the breaking news is that it is my birthday. The real breaking news is the november home sales report. Michael mckee is in the newsroom with the headline. What is the real deal here . It would be a lot easier to talk about your birthday. I agree. We beat expectations and still declined 2. 1 . The prior month was revised higher. Sales are up to 464,000. 10,000crease makes for a decrease on a monthtomonth basis. You want to look at the annual sales rate. 464,000 is still better than we have seen for quite some time. The overall numbers improving and we are seeing a decline in the number of homes out there for sale. We are starting to see inventories get tight and that should incentivize builders to build home next year and that is good for jobs. Even though we are down by 2. 1 it is good news. The Richmond Fed Manufacturing index comes in a 13 . We are still seeing
Said a considerable period of time might be Something Like six months and what people wanted to know is a reflective discussion that the fed had, and it looks like not necessarily. Janet yellen gave a week or so ago what some people describe as the most dovish speech by a fed chair possibly ever. Right. So it took maybe a little bit longer for the message to get through to the markets. Well see how long this lasts, but its a pretty decent reaction to the stock market. And to your point she had already walked back in laying the framework for why the unemployment situation in this country is still weak, saying its still cyclical, saying the fed needs to do more until its healed more. Made the case. The minutes would seem to suggest more members wanted to make sure they didnt process jumping to any tightening before they were ready for it, before the economy was ready for it. Is this something to build on, the last couple of days or just a dead cat balance a momentarily blast of enjoyment