Weather Alert

Accumulating snow ends between midnight and 2-3am as the Snow Storm Winds Down

Some additional bursts of moderate snowfall are likely through midnight with additional snow accumulations of 1"-3" through 2am.  Snowfall rates will rapidly diminish through early Thursday morning as the snowfall becomes light and intermittent with only a bit of patchy light snow or snow grains persisting beyond daybreak on Thanksgiving.
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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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