Weather Alert

Bitter Cold Through Today With Snow Storm Chances Increasing For Sunday Night Into Monday

A very cold air mass combined with gusty winds through today will continue to lead to wind chills as low as -5 to -15 through this afternoon.  Then, tomorrow night through Monday, a large storm will track to the region's south, passing through the Tennessee valley and the Mid Atlantic region, then south of New England.  Storm track, as is typical, is not certain, but the latest signals continue to point to a storm track far enough north to bring accumulating snow to the region with a possibility for moderate to heavy amounts.  Keep up to date on the forecast through the weekend for more information on this developing snow storm.

WEATHER ALERT

October 28, 2013 -- 8:30 a.m. ET - 10/28/13

U.S. stock futures are suggesting a higher open. The Dow and S&P 500 Index are 0.1% above fair value. The NASDAQ is nearly up 0.2% in pre-market action. The major averages are poised to extend last weeks advance ahead of economic data. Industrial production is due out at 9:15 a.m. ET and is expected to be unchanged in September from the prior months reading of 0.4%. The pending home sales report is scheduled for release at 10:00 a.m. ET which is anticipated to rebound in September after a 1.6% decline in August. In addition, the Dallas Feds manufacturing outlook is projected to fall this month after reaching its highest level since February 2012. Investors are also digesting a batch of earnings results. Merck delivered better-than-expected third-quarter earnings, but its shares are down 1.8% ahead of the open after narrowing its 2013 profit outlook. Biogens shares are up 3.3% in early action after posting a 22% jump in profit and raising its full-year outlook. In tech, Apple is higher by 0.4% ahead of the companys earnings report after the close tonight. Treasuries are little changed before this weeks auctions totaling $96 billion in government issuance. The 10-year note is flat to yield 2.51% and the 30-year bond is up 1/32 to yield 3.60%.
 


 

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