Since june. We are looking at a pullback this tuesday morning. Dow industrials down 150 right now, nasdaq down 63, and s p 500 lower by 19. Markets on the move as they await key inflation data, the july cpi is out on thursday, the pp be i out on friday. Congress remains on recess this week. Oil prices, the big story in markets this morning, take a look. Prices jumping to 10 week highs yesterday after saudi arabia extended production cuts for moanother month, setting off investor alarms over when a rescission might hit. Crude oil sits at 81. 71, down 1. 5 this morning. European markets also in the red, take a look. Weve got the european indices down across the board, italy announcing a surprise windfall tax, the ft 100 down 32, cac quarante down 50. Asia overnight markets finished mostly lower, hong kong was down about 1. 8 overnight. That the biggest mover on the averages. The nikkei average in japan eeking out a gain. The hang sang down better than 1 andahalf percent. The judge in Pre
Britains border force. Could Northern Ireland become the new asylum capital of the United Kingdom after the high court there rejected the rwanda deportation plan . Deportation plan . Yes. Problems piling up for the Prime Minister. He made a big speech on security yesterday, but now people working for border force and immigration have been charged with spying for china. Meanwhile, his safety of rwanda bill coming unstuck in Northern Ireland. Ill bring you the details shortly after, the Prime Minister is set to welcome farmers to downing street as he announces new support for agriculture. Agriculture. And as britain entering a new era of naval ship building. Well be asking the defence secretary, grant shapps , at 645, secretary, grant shapps, at 645, ahead of the first sea lords sea power conference. Later today. Power conference. Later today. And it is sport this morning, late come back from aston villa, gives them a33 draw with liverpool and puts them one point away from qualifying for
Is more than fifty years old and has deteriorated significantly because of all the storms. Transportation officials have even close the bridge completely in the past and cdot release a simulation of how the bridge will look it will actually run parallel to the old one the project is expected to take three years to complete viewing noon we now know it was a mother and child were struck by a car in norfolk this morning thirty news not only about the incident during the eight fifty six update on Good Morning America mother and child recovering this afternoon in the hospital. Police say two cars crashed at the intersection of hampton boulevard and twenty six street this morning he was heading northbound on hampton boulevard when a nissan making a left turn didnt yield the cars crashed and the nissan spun out hitting the mother and her young child who are trying to cross a street officer say this accident could have been much worse than nissan collided with the mother the impact of the niss
Scene of a threealarm blaze at penn station. When the call went out before 2 30 this morning, more than 100 firefighters responded. No injuries reported. Fdny, though, says the fire is under control. The fire is not expected to impact Amtrak Service along northeast corridor. There is word that the impact will be limited to local subway lines in new york. The National Transportation safety board is working to figure out why smoke filled the metro tunnel killing one person and sending dozens of others to hospitals. It is going to affect the commute this morning. Delia goncalves is live at Lenfant Metro station with more on how all this is going to unfold this morning. Delia. Reporter talked to a few folks coming out of Lenfant Plaza metro station a short time ago. They report so far so good on the train this morning. They said there is some shifting around of people on different trains and different lines but they are getting clear instruction by train operators so that is definitely som
First alert meteorologist Howard Bernstein is tracking the Winter Weather that is headed our way and some really cold temperatures too. High howie. Thats right. Were almost comfortable. Single digits and a few below zero. Now were up to 20s and Lance Corporal 30s but that is is and low 30s but that is setting the stage for snow showers. This is an arctic front producing snow showers down towards knoxville and asheville. Get teeth roanoke area now. It looks getting to the roanoke area, it looks like this is the mountains. This will be here in a few hours. 48 00 p. M. Will be the critical time for the general range from north to east. Slick spots will develop and the arctic blast follows. Here is the futurecast for the afternoon. We have the snow showers, well still be in the low 30s here. This approaches though, washington 5 36, really frshgs fredrick to fredericksburg. Charles county, heavy snow showers coming through. This will pass dc towards 78 00 p. M. And head over to the Eastern