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S p down 1. 1 , and the russell down 1. 05 . Why . One main reason is china. China devaluing its currency. The dollar strengthening significantly. Oil is down big time, look at that, dollar strength, it takes fewer dollars now to buy a gallon of a barrel of oil at 43. 2, down almost 4 . Brent down almost 3 , gold up just a little bit as you see there about a half percent. Mandy is out but sarah eisen who knows a lot about currencies and china is with us today. Thank goodness youre here. I live for days like this, watching the dow and the impact of china spread across the globe. Bob pisani, anything with any china or Commodity Exposure is getting pummeled. Dow up 240 yesterday, down 240 now. Its a wasted week so far. Put them up, Materials Energy and industrials to the downside. Thats the big losers. Some of the obvious names and their impact from china. We always talk a ....
There are chances that some people will get wet a little later. Lets check in with storm team 4 a Amelia Siegel to find out about the weather. Mostly cloudy skies across the area and mainly dry. There is a chaps of scattered rain showers. Wet snow mixing in. It will favor Northern Virginia. Those of new Southern Maryland and the Northern Neck. Only 20 chance that washington sees any light rain today. Most of maryland north of Southern Maryland remains dry. Light rain and welt snow showers. But really nothing look we saw yesterday. I am tracking fog across the area back over the mountains. Petersburg, stanton, winchester, visibility around a quarter mile. This remains an issue until 9 00 a. M. Slick spots ....
Most everybody is below the freezing mark. Downtown locations are just above it. There is enough of a breeze that everybody is going to be miserable out there this morning. Lots of cold heir and close by, too. Lakeeffect snow extremers across pennsylvania. Bright sunshine, but cold, indeed. Temperatures right now are in the upper 20s and low 30s. Were at 33 at National Airport. So youre going out for an Early Morning. Run. . Bundle up, everybody. 20s and 30s on your way out the door this morning. Plenty of sunshine. Temperatures will make it up into the low and mid 40s today. On your way out the door, first thing, youre going to need to bundle up. Hat, gloves and a warm jacket out there. Hat and gloves. Low to mid 40s. I have all your College Football forecasts coming up in just a minute. D. C. Crews gearing up for th ....
Warrant an increase in the target federal funds rate for at least the next couple meetings. Cory yellen also strongly criticized congressional efforts toward monetary policies say it would put aside the process the politicize the process. David kelly jpmorgan chief global strategist is not optimistic about the outlook. Correct given the state of the grexit given the state of the Greek Economy and the strategy in the last few years, bring greece along long enough for the rest of the periphery and the european economy to get healthy and for the european banks to get healthy. And we are moving a good deal along that road right now. Cory meanwhile, Christine Lagarde and ecb president mario draghi both say that more is needed more strength is need for great reforms. Ukraine accuses the progression rebels of using the truce to reinforce other lines of attack on the ukrainian troo ....
The fomc is it that it can begin to normalize policy means that it is unlikely the Economic Conditions will warrant an increase in the target federal funds rate for at least the next couple meetings. Cory yellen also strongly criticized congressional efforts toward monetary policies say it would politicize the process. Cory meanwhile, Christine Lagarde and ecb president mario draghi both say that more strength is needed for great reforms. President obama has vetoed a bill approving the production of the keystone pipeline. The senate will vote to override it the veto. Votes are needed to override in both houses. The pipeline would go through oklahoma, and nebraska. The fbi is offering a reward for the fugitives related to the hacking. He is the hacker known for the game over zeus virus that got over 100 million from victims. Olbermann has been it taken off air from ees ....