Weather Alert

FROST - FREEZE ADVISORIES UP FOR PARTS OF THE REGION TONIGHT

Some higher elevated areas have already seen frost in the past week, but tonight will likely be the coolest so far this season, and frost is expected to be more widespread, including some lower elevations. Frost is not expected in the Capital Region, or southern Hudson Valley, but will be likely in cooler locations. Delicate plants should be protected or brought inside where possible.

WEATHER ALERT


Weather Alert Radar


April 10, 2014 -- 8:30 a.m. - 04/10/14

U.S. stock index futures are suggesting a lower open. The Dow, S&P 500 and NASDAQ are all at least 0.2% below fair value.

Stocks are under pressure as investors digest economic data and earnings results. On our shores, jobless claims declined more than expected to the lowest level since May 2007 as filings fell by 32,000 last week to 300,000.

A separate report showed import prices increased 0.6% in March which was above the consensus estimate for a gain of 0.2%. Fears of a slowdown in China returned to the surface as the nations exports and imports unexpectedly fell last month.

On the earnings front, Bed Bath & Beyond is losing more than 6% in pre-market trading after its fiscal fourth-quarter earnings fell more than anticipated and the retailer delivered a profit forecast below analyst expectations. Shares of Chevron are declining 1.2% before the open after the company said it expects its first-quarter income to slip due to high currency conversion costs and environmental charges in its mining unit. On the upside, Costco Wholesale reported better-than-expected same-store sales in March and its shares are gaining 1.3% in early action.

In fixed-income, Treasury prices are paring yesterdays retreat before a government auction of 30-year bonds. The 10-year note is up 4/32 to yield 2.68% and the 30-year bond is higher by 8/32 to yield 3.56%.

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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