Everybody is holding back waiting for the fed decisions, we will hear from fedspeakers all week. The fed chair herself speaking friday morning. We saw low volume today. One of the lowest, lightest volume days so far, stocks in a narrow range, one of the narrowest that weve seen this year. That said there were some fascinating moves, and people did make money. However, utilities were a big drain. In this expectation of higher Interest Rate environment, utility, pay dividends, classic dividend players, you might say, if you get a higher yield as a saver, maybe utilities are not as attractive. So some of the big utilities lost ground. On other hand, basic materials, led s p 500 index today, leader there monsanto. As you know german drug, and crop company, buyer, made a 6bayer made a offer for monsanto. Dukmonsanto. Wisdom tree i think this is an error. Lets look at other commodities, oil and gold. Apple shares were up north of 1 today, there was a report out of a singapore paper that said
Precipitously, tech and telecom have been in trouble all day. Verizon cut its rating on the stock, verizon was down, the others followed in sympathy but it is a tough day all around. We are on the story, why are markets moving . We will take you to the nice he nyse in a second. The next 14 days it will be the center of the political universe as the president ial candidates descend on n new york to make their case. Hillary clininton in an empire state of mind, a l little t of trouble to use their metro card toto enter the subway, trying t be like the regular joes, turn the card o over and slide it through, she got it. She also blasts Bernie Sanders for thinking new yorkers still use tokens. They both had a little trtroubl with the subway but o Ohio Governor john kasich havining n trouble in the bronx, the italian cuisine on arthur avenue. On an event in brooklyn this evening, ted cruz got out of the bronx yesterday, scheduled to visit brooklyn in the next hour. Earlier hehe held a rally
You, on radar, at all, and then it will be a lot more milder today then it was yesterday. We will be a few degrees warmer. Some sun with increasing cloud. We will get to a high of 55 degrees, later on today but sunset time is at the 4 39. Talk about the winter solstice tonight and what happens after that, as we head into the holiday week. Now we will talk traffic as bob kelly a had has a three day weekend and it is, i95 northbound at 420 where we start in delaware county, and pretty crowded there but the roads are getting busier but moving along okay, traffic coming in over ben franklin bridge from new jersey, picking up volume as well and as we look around the region at our traffic travel speed our slow spots are that i95 area around cottman avenue where it always slow down and the the entire schuylkill expressway, moving slowly, alex, this morning. It is a monday, sue. Coming up on 7 02. Eagles lost last night, puts them a game behind, in the nfc east standing. They are still having
We will look back at 2014 and world of politics and advertising. Well look ahead to 2015 with some trend in alcohol adult beverages. What can we expect . Good times. But we begin with travel in 2015. A true story. Its a david versus goliath tale. 22yearold entrepreneur and computer whiz kid figured out a way to help you buy cheap plane tickets. Airlines and travel websites theyre trying to shut them down. You probably heard about this. The website is skip lags. Com. It takes advantage of what it is called hidden city ticketing t has been around for a while but he makes it easy to do. With us is that 22yearold whiz kid. Thank you very much for joining us. Your website we should point out if youre trying to get on skiplag. Com right now he is getting Record Number of hits. The web suite is kind of clogged. Not a denial of service. If you want to fly use this example, fly new york to los angeles and a roundtrip ticket, without a stop, would cost 500. If i go new york Atlanta Los Angeles,
Previous says it is time to move away from electric cars because of the shortcomings it is not a viable replacement for most conventional conventional cars. Thank you dr. Obvious. Coming up tomorrow, get ready for something exciting a weekly segment with icons, a top designers, a fashion trend comic entertainment i will sit down with a fox business exclusive interview with super model iman. Be here for that. We will see you tomorrow. Good evening for defense secretary leon panetta and joint chiefs chairman and did to the Senate Armed Services committee that they talked with president obama exactly once during the terrorist attack on the american consulate, said deadly super winter storm to bring historic snowfall, coastal flooding, while conditions and 3 feet of snow are expected. What is the department of homelands security doing with all of the ammunition in its buying . Another enormous ammunition purchase. Agenda paula talk now about one point 6 billion crowns over the past 10 mont