Weather Alert

Widespread Frost & Freezing Conditions Likely Late Tonight

Between midnight tonight through 8am Saturday morning temperatures are expected to drop into the upper 20s to lower 30s in most areas outside of the immediate Capital Region and mid Hudson valley promoting widespread damaging frost conditions.  In the Capital Region and mid Hudson valley temperatures are more likely to drop into the mid 30s promoting the potential for scattered pockets of frost.  Cover sensitive plants overnight to protect them from the cold.

WEATHER ALERT

September 25, 2013 -- 8:30 a.m. ET - 09/25/13

U.S. stock futures are suggesting a flat open. The Dow and S&P 500 Index are trading less than 0.1% below fair value. The NASDAQ is essentially unchanged on Globex. The major averages are poised to open little changed amid growing concerns of a potential government shutdown on October 1. This comes as the Senate prepares to vote on a stopgap measure that would defund Obamacare. Economic data is also garnering attention. Demand for durable goods recovered in August as orders rose 0.1% following a 8.1% drop in July. Excluding transportation orders fell 0.1% last month. Shortly after the open, a report may show new home sales increased 6.6% to an annual rate of 420,000 in August after dropping in July by the most in three years. On the earnings front, AutoZone posted fiscal fourth-quarter profits and revenues above analyst estimates. Earnings will stay in focus after the closing bell with Bed Bath & Beyonds profit tally scheduled for release. European markets are slightly negative at mid-session. The FTSE is down 0.3% in London. The DAX is off less than 0.1% in Frankfurt. Asia markets were mostly lower overnight. The Nikkei declined 0.8% in Tokyo. Chinas Shanghai Composite index fell 0.6%. Treasuries are little changed before the government sells $35 billion of five-year notes this afternoon. The 10-year note is up 1/32 to yield 2.65% and the 30-year bond is unchanged to yield 3.67%.

 

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