Service will be in pitston they will short term if Straight Line wind damaged several homes. No injuries were reported. The storms caused Property Damage in Lancaster County, too. Action news viewers sent us pictures of a playground in the path of the storm. Meteorologist chris sowers warned us some of the storms could get nasty and they did. Reporter they brought a big change to our temperatures. Lets get you outside anticipate show you whats going on this morning and show you whats going on this morning. Its a little quiet breezy, but quiet. We dont have clouds upstairs, we have temperatures that popped into the 30s. To put this in prospective for the last three days weve seen temperatures in the 70s, we want from 73 degrees to 25 in reading. 25 in allentown. 14 in the poconos close to 30 in philadelphia and trenton. Satellite and radar showing some clouds and even a few snow showers across western pennsylvania this morning. If you saw the flyers pen penguins game outdoors it started
Narrowest trading range since september that we have seen. David it is nice to see nasdaq back in the green. Many people thought if president obama won reelection they would pummel. It hasnt happened today. Call is on fire. Up significantly with almost a 10 increase. A good day for coal stocks. Liz longtime priceline and Deutsche Bank pushed the shares could hold from buy. Saying they believe a cold war is brewing among the travel sites. Really bitter competition. But in these two deals and the moves coming out o in the next couple of months and that might affect the company negatively. Wall street counting down the hours the fiscal cliff deadline, we have somebody who says this isnt the real fiscal cliff at december 31 isnt the real deadline to watch. We will tell you what it isnt how you might want to play it. David how do i go flyfishing with paul volcker . Or maybe lunch with business titans. How you can do those experiences with some of the top minds. Liz what drove the market wit
European business. Tire sales dont look like they will pop up anytime soon. Dave sometimes a few big moving stocks can affect the market. These ones were the drag in the dow, not all of the down today, but dupont, boeing, travelers and chevron all pulling down the dow bigtime this week. If it wasnt for them we would have pretty much a better market but these are the big dow losers. Liz what about inflation . The fed set aside from a little inflation uptick for gasoline prices they didnt see it long term many times in but we have a money manager who says dont wait for anybody to call it. Make sure your portfolio is protected. Michael wall, three ways to play information. Dave some say this form will be the worst in a hundred years, who knows, but theres a serious question. Will Hurricane Sandy become the perfect storm . Another storm moving from the west, coming from the north as well. We have details on the megastorms hat and potential billion dollar impact. Liz a mixed day on wall str
Russian military convoy. It is causing a major move in the 10year which hit lowest yield since june of last year. Look at that uranium president claiming his forces attacked Armed Russian vehicles that moved across the border. Nato is stopping short of calling it an invasion but confirming that there was a breach into ukraine. Here now to discuss all of this, veronica daguerre with the wall street journal we have larry shover of fsg alternatives. Liza benson from star vest partners. Thanks to all of you for joining us. Liza, what do you think of the markets reaction . I think type of instability will affect the markets. Anytime you have this type of military action going on you will see the markets react. Melissa especially when we have so little clarity on this we dont know if this is big convoy of white trucks we saw go in. It is totally separate from that or related to it. This is what was feared, it would get reaction. There is a lot of fears here. We dont know how far it is going
Issues such as revamping the tax code and reducing deficits, but he signalled split decisions in an era of divided government. Progress does not compel us to settle. Centuries long debates about the role of government for all time, but it does require us to act in our time. [applause] for now decisions are upon us. And we cannot afford to wait. We cannot mistake absolutism for principle or substitute spectacle for politics or treat name calling as reasoned debate. [applause] we must act. We must act knowing that our work will be unperfect. We must act knowing that todays victories will be only partial. Peter Top Republicans issued bipartisan statements in the spirit of the day, but mitch mcconnell, the Senate Republican leader called federal spending and the debt the transcendent challenge of the great challenges of our day. David was it president harrison who had a two hour speech at his inauguration that he caught pneumonia. This was one of the quickest speeches i have ever seen befo