Skeet to hit nearly the same time. Moon while a white house shakeup Kellyanne Conway giving up post starting next month her husband george step wage from antitrump organization as they both put the focus back on their family. They say. Markets this morning are rallying take a look at futuring with a triple digit move the fda announce emergency for plasma to treat covid19 and dow is up 370 points and s p 500 up 25. Markets finish in the green on friday, certainly the s p 500 seeing its longst winning streak this year with the s p friday up 11 points nasdaq up 46 and dow industrials finish out the week up 190 points on friday. Ticktock troubles continue Facebook Ceo Mark Zuckerberg reportedly still confused in washington about the chinese social media app. Missing these warnings months ago and it is the gops turn. The Republican National convention kicking off today. Housing urban Development Secretary ben carson will join me in the next hour with breaking news on his speech as well as o
Technology specifically. We have investors and traders coming back and attack after that rotation out of it, a couple of times notably in the past week, most recently yesterday. The dow, not much changed, hitting a bit lower. Thats a different picture than we saw yesterday. Heres another way to look at it. You can look at it as value versus growth in this market. Heres a way to compare. The s p 500 pure value index and the pure growth index. In the gap between the two in terms of their percentage performance. And what we saw yesterday was the gap between the two, value beating growth by the most since the election. Its come down a little bit today, but still beating it by a fairly wide margin. Since again reflective of this rotation that weve been seeing again out of technology and into financials has been the trade. In terms of other groups on the move today, we are watching telecom and a number of executives are presenting at ubs conference today. Sprint, one of the sprint comments c
Good morning and welcome to news4 midday im chris lawrence. And im erika gonzalez. National Weather Service says Dulles Airport hit a record low temperature of one degree early this morning. Right now you are looking at the current temperatures. Big improvement from the one degree. Dont get too 457happy thoug. We have nor snow. Lets get the latest from the meteorologist sheena parveen. Hit a record low this morning about zero degrees. So, yes, its very cold weather. Locally very cold weather in florida wintry mix and snow moving into parts of georgia and carolina as well. This is our next weather system. Heading out into the atlantic, and tonight part of the area start to see snow falling. Ill show you how much coming up in a minute. But temperature wise low to mid20s. Well be breaking 30 degrees this afternoon for some of the area. Big improvement compared to what we have seen over the past few days. In the suburb there you see 31 degrees, then well see the snow moving in. For some of
Announcer its 10 00 p. M. Do you know where your children are . Right now on fox 5 news at 10 00 p. M. Steve waiting on an overcrowded subway platform. It doesnt look like things are going to get better anytime soon. Why the delays appear to be getting worse. We are talking more than half a million train delays over the course of the past year. Dari it appears that the mtas respond is to lower its own standards. Arthur has more tonight in the village with reaction to a new on it. Reporter thats right, if you are unfamiliar with the goalpost, its when your kicker isnt Strong Enough to reach it end you move closer. And perhaps that is what is going on here. You never know. That is the trick, leaving early. Subway rides are probably a lot less stressful especially considering underground delays are becoming more common. The numbers that we just got show that its not quite nearly 92 or 90 . Mta trains are running on time 74 of the time and now it wants to change to 75 . Dont you want to im
Made a sharp turn in like a nose dive right into the ground. Witnesses describing a terrifying moment when a small plane plunges from the sky leaving one person dead. Good evening, ntsb investigators have arrived at the scene in west new jersey where that single engine cessna crashed killing the pilot. The plane was flying when something went terribly wrong. The latest on the investigation. The ntsb is already on scene here tonight. Now, Essex County Airport is just down the road here. It was 10 00 this morning that the flight took off with one person on board. He noticed something immediately and tried to turn around to get back to the airport but ended up crashing. We would like to offer our condolences to the friends and family of this accident. A Flight Instructor took off heading to pick up a student for a class but ran into trouble after minutes of taking off. According to witness statements, it appears that the aircraft may have lost engine power and thats something were looking