To go around. Crisis, crisis, ladies and gentlemen, thats giving everyone a giant hangover. Well explain as power lunch begins now. Welcome to power lunch. The dow moving lower again today. Take a look. The Dow Jones Industrial arch now, its lower by 34 points and we were roughly 95 points away from the dow 20,000 level. There are still some notable standouts in the broader market. Nvidia, microsoft hitting record highs, melissa. Heres what else is happening at the hour. Freddie mac says the average rate is 4. 3 . Boeing says it delivered its 500 dream liner jet and a major winter storm is closing in on the plains. It could bring blizzard like conditions by christmas day. A busy two hours as we kick it off with a news alert. What were watching, shares of Energy Transfer partners. The big pipeline operator. They are moving higher. The brief spike just about now. On heels of dow jones headline, saying private equity firm blackstone is possibly in talks to take a stake in assets. Not the
To myrtle beach, they could see Severe Weather. There is the lowpressure system and we continue to get rain through 7 00 this evening and gusty wind. Taken a look at live super doppler 4 hd, nothing severe right now across the area. This linebacker the west we are watching this line back in the wet we are watching this line back in the west. We are putting a track on it. It should be in toccoa at around 6 38 and walhalla before 7 00. Allyson thank you. Taking a look at the roads, flashing lights on the righthand side of the screen with a roadway washout. Water on the road that i85 south of you gets a highway 14. We are looking at that. It is from our deity camera from spartanburg into greenville. An accident in greenville on in lawrences Laurens County also at that accident. Watch out for wet roads. We have mark lyons driving on i385 and headed into downtown greenville. Not even using wind chill diapers so not to have the in the area. Lets not even using the windshield wipers so not to
The dax in germany, up 2 . The cac up by 2. 5 . The ftse up by over 1 . Greece is the lone decliner here, but they have their own issues. U. S. Equities are coming off their best day of the year yesterday. The vix dropping 18 just on yesterday alone. That socalled fear gauge, its the biggest drop of 2014 for us. Among the catalysts and bulls charged with the fed decision to sound much more dovish than anyone expected. Also, falling oil prices. In fact, things stabilized a bit yesterday. Oil moved higher yesterday and that did help out some of the Energy Sector stocks in particular. Lets listen in to janet yellen talking about the Central Banks pledge to be patient on rates. The number of Committee Participants have indicated that in their view conditions could be appropriate by the middle of next year. But there is no preset time and there are a range of views as to when the appropriate conditions will likely fall in place. So that is something we will be watching closely as the year u
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