Weather Alert

MODERATE TO HEAVY SNOW STORM WED. AM THROUGH WED. NIGHT

Low pressure developing off the Southeast coast will quickly move northeast tracking south of New England through Wednesday night as colder air arrives to produce a moderate to heavy snow storm for much of the region.  Snow will develop quickly Wednesday morning and fall heavily at times through the afternoon and evening before tapering off and ending before daybreak on Thursday.  Expect difficult travel conditions with snow packed roads and low visibility through the duration of this storm.  Click Here for the CBS6 Weather Forecast Page

WEATHER ALERT


Weather Alert Radar


September 27, 2013 -- 8:30 a.m. ET - 09/27/13

U.S. stock futures are suggesting a flat open. The Dow, S&P 500 Index and NASDAQ are all at least 0.4% below fair value. The major averages are down ahead of the opening bell as the political gridlock in Washington continues. Speaker Boehner said the House will not accept a spending bill that is likely to emerge from the Senate today. Meanwhile, President Obama stands firm that he will not negotiate the debt ceiling or sign any bill that defunds the health care law. On the economic front, updates on the consumer are in focus. Consumer spending rose for the fourth consecutive month, rising 0.3% in August, and incomes increased 0.4%, which was the most in six months. In addition, the final September reading on the University of Michigans consumer confidence survey is due out at 9:55 a.m. ET and is expected to improve to 78 after falling to 76.8. Across the pond, euro zone economic confidence rose for the fifth straight month, rising to a two-year high. Earnings results are also garnering attention. Nike is up 6% in pre-market trading after posting a stronger-than-expected quarterly profit. On the downside, BlackBerry reported a large second-quarter loss as sales dropped in the Americas. In fixed-income, Treasuries are gaining ground amid demand for the relative safety of government paper. The 10-year note is up 5/32 to yield 2.63% and the 30-year bond is higher by 7/32 to yield 3.68%.
 

 

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