The month of july. The month earlier, jim, was 99. 8. It was at the second highest level since the recession. 100 was the economists estimate. 90. 9. We are seeing Consumer Confidence worse than estimated. Im looking at the s p 500 on the screen behind me. It looks like we are not seeing a huge effect. If anything, stocks have rallied off of the lows of this early session. We will continue to watch the reactions, and the read through to the fed which begins its meeting today. Matt thank you. Lets go to the market. Right behind julie you saw the market rallying from a low. It was coming down a little after the Consumer Confidence number. He s p is up one third of 1 earnings surprises helped the market. The dow added. The nasdaq is unchanged at 5000 43 at 5043. Saying i rally that we have seen in treasury. It is being interrupted with a selloff in chinese equities. The treasury is a little bit weaker on your screen, the yield on the 10 year is up for basis points. The meeting begins toda
Streak since january but are rising on better than forecasted earnings and we have lots of earnings to go through. Andre talking about china how it stabilized one chinese plunged after lower sales, trading almost 20 lower from yesterdays close. Its the biggest loss since 2009 for the company. Moving onto oil and gold we have seen a commodities route. Oil prices are rebounding and oil is trading near a fourmonth low. Down 19 still trading near the bear market of 20 territory from its may peak. Pimm lets take it check of the treasury market. There is little bit of selng on bonds. The 10 year is 2. 25 . This is over the past week and we can see a decline in the yield meaning the prices were a bit up. The intraday is moving a little bit higher with selling in the 10 year coming as the Federal Reserve began to two day meeting to consider raising Interest Rates. Lets take a look at the dollar and major currencies the euro is losing ground against the dollar. Poundn is stable and the sterling
Thunder especially south jersey and delaware. Most of you will be dry, though. 75 degrees right now in philadelphia, warm certainly. 68 in allentown, 71 in trenton and low 70s in millville. Mid 70s down along the coast. I got to show you dewpoints because the humidity which started to come up yesterday is even worse this morning. Weve got some dewpoints up over 70 in some spots. And that is oppressive humidity and of course it will feel worse as the sun gets up over the horizon and temperatures are going up today, too. 87 by noon. 3 oclock is your high today 92 degrees and 87 by 6 00 but you can probably add about three, four, maybe 5 degrees to the temperature at any given moment through the day to get the heat index value how it actually feels out there. A little worse on the heat and humidity tomorrow, matt pelman and then were going to go for a heat wave on thursday. Details coming up in that seven day. We just keep adding those degrees. I know. But on the other end of the spectrum
An air quality alert in effect in new jersey as new Jersey Health officials are sensing that the ground level ozone is going to be bad enough where a code orange ozone hack alert day is necessitated and that means those of you who fence sieve groups including Senior Citizens real young kids and those who suffer from respiratory and heart ailments need to limit your Outdoor Activity especially during the afternoon up around dinner hour. Those of us in pennsylvania and delaware might want to think about that as well. A lack of real significant cloud cover on satellite and it is warm as the sun gets ready to come up over the horizon. 75 degrees in philadelphia, 68 in allentown, 70 in millville. Also want to show you dewpoints. Yesterday we had them in the 60s. Now weve got some areas including philadelphia popping up into the low 70s and that is oppressive humidity. As we roll through the day nice in the morning. Well nicer i guess. Its still going to be humid but the temperature wont be
The Capital Region another shot at the olympics. And trending online tonight, the nfl team that just hired a woman as part of its coaching staff. First tonight, its effective immediately. Boy scouts of america lifting the ban on gay adults serving as scout leaders. It was a landslides vote to prevent criticism and future lawsuits. Darcy . Reporter er with live outside the Council Offices of the boy scouts here along rossville pike. Its important to note that this policy change does have a religious exemption and one advocate told me tonight, this is a monumental decision. The boy scouts lifting the ban on openly gay and dults. The National President , former secretary of defense, bob gates, continuing to fight legal challenges to the policy would result in staggering cost. Due to special, political and legal changes taking place in our country and in our movement i did not believe the adult leadership policy could be sustained. The vote means gays can serve as employees and in troop le