Weather Alert

Bitter Cold Through Today With Snow Storm Chances Increasing For Sunday Night Into Monday

A very cold air mass combined with gusty winds through today will continue to lead to wind chills as low as -5 to -15 through this afternoon.  Then, tomorrow night through Monday, a large storm will track to the region's south, passing through the Tennessee valley and the Mid Atlantic region, then south of New England.  Storm track, as is typical, is not certain, but the latest signals continue to point to a storm track far enough north to bring accumulating snow to the region with a possibility for moderate to heavy amounts.  Keep up to date on the forecast through the weekend for more information on this developing snow storm.

WEATHER ALERT

Friday, December 20, 2013 4:39 PM - 12/20/13

Stocks gained on Fridays session. The Dow climbed 42 points to close at a record level of 16221. The S&P 500 hit a new all-time high, rising 9 points to 1818. The NASDAQ rallied 47 points to end the week at 4104. The major averages finished in positive territory after a report showed the U.S economy expanded at faster-than-expected pace. Before the open, third-quarter GDP was revised to 4.1% annualized rate from a previous projection of 3.6%. Todays market advance was led by the technology and industrial sectors. Red Hat jumped 14.5% to $56.10 after the software company raised its full-year earnings and revenue forecasts above analyst estimates. Shares of Textron surged 14.5% to $37.29 following reports the maker of Cessna planes was close to a deal to acquire aircraft manufacturer Beechcraft. Telecom was the lone sector down on the session. CenturyLink fell 1% to $31.04. AT&T slipped 0.4% to $34.30. Breadth was positive on issues by a 3-1 margin on the NYSE and 13-5 on the NASDAQ. Composite volume on the NYSE totaled more than 4.9 billion shares. Treasuries were higher at the long end of the yield curve. The 10-year note rose 11/32 to yield 2.89%. The price of the 30-year bond was up a point and 16/32 to yield 3.82%. With todays advance, the Dow was up 3% for week. The S&P 500 rose 2.4% and the NASDAQ gained 2.6%.

 

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