Weather Alert

POTENTIAL WINTER STORM WEDNESDAY INTO THANKGIVING

There remains considerable uncertainty in the track and intensity of an anticipated coastal storm from Wednesday afternoon through early Thanksgiving morning, but confidence is increasing for a storm to bring accumulating snow to much of the region which would cause travel difficulty.  Details on amounts and timing will become more clear over the next twelve to twenty four hours.  Keep up to date on the forecast.
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WEATHER ALERT


Weather Alert Radar


March 10, 2014 -- 8:30 a.m. - 03/10/14

Stock index futures are pointing to a quiet open in New York. The Dow and the S&P are down just 0.2% on Globex. The NASDAQ is trading 0.1% below fair value.

Investors are cautious heading into the opening bell following some disappointing economic reports out of Japan and China.

Energy stocks could be active in the session as crude oil prices decline 1.2% to $101.36 per barrel. Exxon is down 0.3% in pre-market action. Shares of McDonalds are off 0.1% as the fast-food chain reported a larger-than-anticipated decline in global sales. FMC Corp is advancing 2.7% following reports that the firm will separate into two independent public companies.

On the M&A Front, United Rentals is up 1% after announcing plans to buy privately held National Pump in a $780 million deal. Chiquita Brands is also higher, rallying over 15% on reports that the company is expanding its global banana business by acquiring Irish competitor Fyffes for $526 million in stock.

Turning to fixed income markets, Treasuries are modestly lower along the curve. The benchmark 10-year note is down 3/32 to yield 2.80% and the 30-year bond is off 7/32 to yield 3.73%.

This information is obtained from sources and data considered to be reliable, but its accuracy and completeness is not guaranteed by Wells Fargo Advisors.Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company.

 

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