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332 points erasing all of its gains for the year. the s&p 500 also now negative. it sank about 2% yesterday. the surging dollar is what spooked investors here. the greenback at a 12-year high against the euro. the euro slipping even more this morning. it s great news if you re traveling to europe. it is terrible news for u.s. companies that sell their goods overseas. it makes their products more expensive there. slashes the value of their overseas earnings. when earnings are slashed, then stocks don t perform as well and that s what is driving the stock market. can t have it all ways is the problem. you can t. it looks like there s going to be a rebound here today. every time there s been a big selloff, it s been met with buyers. even yesterday a number of people said to me finally a 2% pullback. i can buy more stocks. seriously. so you ll see those people stepping in today and buying stocks. excellent news. more rain set to start in the gulf coast that could spoil our weekend ....
There is more rain set to start in the gulf coast, and it could spoil our weekend here in the northeast. i want to get straight to a dapper pedram javaheri. good morning to you. look at this map, the color contours of yellows, oranges, the 60s, 70s and even 80s. near charleston near record high temperatures in the forecast. just a few days removed of the cold air we had last week. look at the perspective. 20 degrees love average in the plains and the northern states of the country. in fact minneapolis, the place to be. 65 degrees over the next couple of days. this is the warmest weather they ve seen since the week of halloween. it remains mild over the upcoming days. the sun angle considerably higher so the snow melt rapidly depleting. the snow cover went from 60% down to around 20% in a matter of just ten days. a lot of melting taking place across the country. great lakes also about 90% ice covered dropped down to around 70% ice covered in a few days as well. ....
Atmosphere. so we have plenty of fog to go around. nearly 90 million people this morning from chicago towards new york underneath a dense fog advisory. generally through the late morning hours. wet weather still prevalent across the southern states. generally an inch from mississippi into alabama. minimal amounts across interior portions of the country as you work your way towards the northeast. but the temps into the 70s down in the south. the 60s around new york city. upper 60s around d.c. here comes our weekend storm system. timing friday night into saturday a wintry mix possible but nothing as bad as what we ve seen in recent months guys. pedram thanks to you. and looking dapper in the three-piece suit. i don t think he had a tie yesterday. did he have a tie in no he went from no tie to a three-piece suit. a wintry mix, shall we see. the islamist militants enlisting a 13-year-old to carry out the latest killing. we re live in the middle east next. ....
Fox news contributor kevin mccarthy looking dapper. this is my super bowl. i rock the bow tie every time we have the oscars. i have to do it. this is my geek out weekend of the year. i bet you have chuck taylors on. i do. you look like the guy at the valet parking place that i know. that is my side job. we are going through best picture and best actor and actress. let s start with best picture. with best picture two major front runners. you have gravity and 12 years a slave. it is now current to win. it is an incredible film and do think it is deserving of an award but i really feel gravity was the best film of last year. ....