Weather Alert

Heavy Snow Storm Expected Sunday Night Through Monday

WINTER STORM WARNING ISSUED from 9pm Sunday through 6pm Monday. A developing winter storm will bring significant snow to the area beginning later Sunday night and continuing through Monday. This will be a particularly cold storm with temperatures in the single digits to lower teens combined with periods of heavy snow with snowfall rates of 1"-2" per hour at times and gusty wind to produce treacherous travel conditions. Widespread heavy snow accumulations in excess of 7" are likely with this storm.

WEATHER ALERT


Weather Alert Radar


October 1, 2013 — 8:30 a.m. ET - 10/01/13

Stock index futures are suggesting a higher open on Tuesday. The Dow and S&P 500 are both up more than 0.1%. The NASDAQ is trading 0.2% above fair value on Globex. The major averages are poised to start the fourth-quarter in positive territory as investors weigh the impact of a partial shutdown of the U.S. government. Attention will now be on whether Congress can reach a deal to raise the federal borrowing limit to avoid a debt default by October 17. Futures are also higher ahead of this mornings economic data releases. Shortly after the open a report may show manufacturing activity expanded at a slower pace in September. Later this afternoon an update on vehicle sales is released. On the earnings front, Walgreens is down $0.25 to $53.55 after its quarterly results matched analyst projections. Shares of Merck are up 3.3% to $49.20 after announcing an additional 8,500 in job cuts and plans to reduce operating expenses by $2.5 billion. European markets are mostly higher at mid-session. The DAX is gaining 0.5% in Frankfurt. The FTSE is down 0.3% in London. Asian stocks advanced in limited trading overnight. The Nikkei finished with a 0.2% gain in Tokyo as Prime Minister Abe raised the national sales tax to 8% from 5%. Chinas markets were closed for holiday. Treasuries are lower this morning with the 10-year note down 9/32 to yield 2.65%.
 

 

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