You as well. It is friday, july 12th. Fbn a. M. Starts right now. Hands on your waist and go. Get up, get up. Hands on your waist and go. Get up, get up. Lauren welcome to fbn a. M. Good morning to you. Happy friday. Im lauren simonetti. Cheryl good morning, everybody. Im cheryl casone. Lauren lets take a look at how your money is moving. U. S. Futures moving to the upside. The dow record close yesterday, above 27,000 for the first time. Futures gaining 86. S p up 7, nasdaq up 22. Cheryl optimism on wall street has been showing up in rising bond yields and right now as you can see the 10 year is actually down. They were at 2. 12 . So a little bit of caution today with the 10 year. Lauren a storm in the gulf of mexico boosting the price of oil, 60. 68 a barrel, thats a gain of almost 50cents. Cheryl we just learned chinas june trade surplus with the u. S. Rose to 29. 92 l billion dollars, that could add another layer of tension in the ongoing talks. Asian markets across the board were i
Carrying over 230 million worth of coke. A busyahea and early today starts right now. Good friday morning. Im Frances Rivera and im marlie hall we are starting with breaking news out of chicago. R b singer r. Kelly has been arrestedon federal sex crimes charges in both new york and chicago. The 52yearold was taken into custody by Homeland Security investigation agents and n. Y. P. D. Detectives. That is according to two Law Enforcement officials. A spokesperson for kelly spoke about the singers arrest. Mr. Kelly was arrested at 9 30 he was walking his dogs by the fdi, and he was taken in and thats all we have right now we dont know what the charges are. Well know more in the next couple days. Further details on the case are expected to be announced later today. Morbrg has been po a President Trump has approved an emergency declaration. Now the big question, will the levees hold up to the storm surge on the way especially when the Mississippi River is already at flood stage. Here is nbc
Maria we have breaking news this morning, we will take you for a live look out of new orleans, look at this, we are tracking tropical form barry this morning, making its way toward expected landfall in louisiana, we are bringing you the very latest developments this morning and live updates all morning, stay with us on the developing story, joining the conversation, Fox Business Network dagen mcdowell, the American Conservative Union chairman mat sclapp and michael block, great to see everybody this morning. Great to be here. Great to be here, im glad its dry. Maria im glad its dry too. We have a storm that we will be tracking, look at the markets, michael, another record high yesterday. Record territory once again, dow industrials up 95 and nasdaq up 24, to what do you attribute strength once again in consistency . Dow jumping above the 27,000 mark for the First Time Ever yesterday. A couple of weeks ago jay powell was waffling on path to rate cut later this month and he came out this
Only, to kill him. The officer in the drivers seat jesse hartnett. Im shot im bleeding heavily shot 3 times in the arm. Richard ross Police Commissioner, Philadelphia Police Department Im absoultely amazed officer hartnett is with us today despite his serious injuries hartnett managed to get out of the car. Follow the suspect, and fire back other officers soon arrested the injured suspect identified according to our abc station wpvi as 30year old edward archer. Police saying the suspect gave an alarming confession. Captain james clark homicide unit, Philadelphia Police department he said that he follows the islamic state. Religious teachings of allah, and he was called upon to do this. Police defend laws that are contrary to the teachings of the koran. Investigators now trying to determine how he was radicalized. As officer hartnett. Recovers in the hospital. Sot Robert Hartnett father i see his is waking up. Its going to be a tough road. He is a tough guy. i love him. Im very proud of
Then this. When you walk out the door, first thing in the morning you may be stunned by how cool it is or if you had your windows opened last night as it might have been a routine for you, im sure you closed them. Look the at the temperature in reading right now. We have 38 degrees. Temperatures in the 30s in the area this morning. There is a frost advisory and that is going on up through poconos and scranton for temperatures getting in the middle 30s this morning and that is until 8 00 oclock this morning up through that area. Otherwise were dealing with lots of sunshine today and we will hang on to that sunshine throughout the entire day basically very few clouds even if you see any at all. Things are looking nice there. But boy, is it cold . Look at that in the poconos three, 2 degrees. Thirtyeight in allentown. Fortytwo in trenton. 38 degrees in lancaster. We have temperatures in the 40s in south jersey, lower 40s and 52 is the the mildest temperature in wildwood. It is a 25degree