Dow hit its alltime high of 29,568, just 16 trading days later its down 3,400 points. Keep a little perspective here. Yeah, thats a big and rapid drop, but were not at this point in a bear market. We are going to open down 700 for the dow, 80 odd for the s p, 270 for the nasdaq. Its a friday. Remember that. Its important. There will be some reluctance to hold stocks over the weekend because you simply dont know what virus headlines will greet you come monday morning. Now, heres some positive news on the economy, which is having no effect on the market. 273,000 new jobs added last month. A blockbuster report. But that report looks backward. The stock market looks forward. Larry kudlow will be addressing this coming up on the show today. And we expect to hear from President Trump shortly. Last night at his town hall on fox, he had a calm demeanor and on the virus he said we have plans for every single possibility. The campaign trail. Elizabeth warren has not yet thrown her support behind
Speak to consumers, expected to spend a whopping 7. 4 billion today according to a dopey analytics. Jackie deangelis joins us from a mall and edison, new jersey. What is it look like right now . Well, its starting to heat up. Behind me, macys was open from 5 00 p. M. Last night in the mall is just opening inside in the concourse now so you can see h and m is still closed the people are lining up outside. Down here we have an Urban Outfitters with people getting ready to go in as well and as you said the projection is for over 7 billion this year hoping to set new records last year black friday spending was about 6. 2 billion. The average consumer that comes out today is expected to spend about 400, but the question is, is at the same kind of black friday we are used to to maybe five years ago or 10 years ago . People would line up and storm the stores for deals. You can get a lot of deals online in the deals in the stores, the discounts have been active pretty much all this week. From
Well start with Raphael Miranda. Raphael, we havent had a triple digit day in the summer, have we . No. Havent had a heat wave. Its like 89, raphi. Kept saying 89. That was the third day of the heat wave. Never happened. Weve had a string of 90degree days, though. Were going to get close again today and tomorrow. Flirting with 90. Youll see in the weather headlines, the heat does continue. Were turning up the humidity hey bit. It was comfortable over the weekend. That is ending a little bit. Chance for storms later tonight, especially north and west of the city. Then a cooldown is coming. No 90s towards the end of the week. Mostly clear right now. A quiet start in Westchester County and Rockland County. This is our weather maker later this afternoon. If you live well north and west of new york city, this cold front approaches, sparking off a few showers and thunderstorms. Probably just in time for the evening commute. Thats well north and west. Sullivan county, pike county, pennsylvani
A deadly wreck overnight a car slams into a truck that had stopped on the Grand Central parkway. Today in new yorks Tracie Strahan just arrived at the scene. Be reporter were just getting official details from the nypd about exactly what has traffic stopped here on the Grand Central heading eastbound. This involved a box truck that remains on the right shoulder where it was when a 2014 Hyundai Elantra plowed into it just before 3 00 this morning. I want to show you video now of the scene that has things blocked off in this area right after the rfk bridge. Two men who were inside that hyundai Hyundai Elantra were killed as a result of what happened here. They were pronounced dead at the scene. As for the driver of that box truck that for some reason was parked on the shoulder of the road when it was hit, hes at elmhurst hospital in stable condition. No word yet as to why he was parked on the shoulder. Again, this is an accident that has the eastbound Grand Central right about 31st stree
First look at weather this morning. Lets check in with emily, who is in with us this morning. So hi, good morning. You mentioned very foggy. Definitely take it easy. Very serious crash in queens. We have Tracie Strahan there to give you the latest coming up. Grand central is closed stbound after rft bridge. Also, another accident on the garden state parkway in new jersey southbound. The ramp is closed at exit 143. Well have more weather and traffic coming up on the 4s. Now to that breaking news you just mentioned in queens. A deadly wreck overnight. A car slamming into a truck that had stopped on the Grand Central parkway in ast terror oria. Tracie strahan is there. Reporter as people approached accident site, theyr tibeing detoured away from it. All involved the box truck you e m rucknder the overpass. Suffered a minor injury. A black hyundai that slammed into it, the two people inside of that car both killed. Its unknown why the driver of that box truck was pulled over on the side of