Weather Alert

Severe T'Storms Possible Wednesday Afternoon and Evening

A line of downpours and heavy thunderstorms will likely develop across the region Wednesday afternoon and evening producing some much needed and beneficial rainfall.  A few of the thunderstorms, however, could become severe producing localized damaging wind gusts and large hail as well as frequent lightning with the severe weather potential threat period running roughly from 2pm - 9pm. Be Weather Aware on Wednesday

WEATHER ALERT

February 14, 2014 -- 4:15 p.m. ET - 02/14/14

Stocks finished the week on a positive note. The Dow gained 126 points to 16154. The S&P 500 Index increased 8 points to 1838. The NASDAQ rose for the seventh consecutivesession as it added 3 points to 4244. A stronger than anticipated reading on consumer sentiment overshadowed the biggest drop in factory production since May 2009. A rally in the energy sector also helpedstocks advance. Occidental Petroleum increased both its quarterly dividend and stock buyback program which pushed its shares up 3.6% to $95.60. Meanwhile, index-heavyweight Exxon Mobil rose 2.8% to $934.01. Encouraging earnings results provided an additional boost. Campbell Soup led consumer stocks higher with a 4.9% gain to $42.98 after the company posted sales and earningsabove expectations. Meanwhile, the materials sector staged a rally. Cliffs Natural Resources jumped 5.8% to $23.16 after easily topping profit estimates thanks to lower costs and higher iron ore prices. Telecommunication stocks lagged behind. Verizon fell 1.7%to $46.49. AT&T lost 1.1% to $33.11. Overall, the major averages climbed higher for a second week. The NASDAQ led the way with a weekly advance of 2.9%. Both the Dow and S&P 500 finished with gains of 2.3% on the week. NYSE Composite volume totaled more than 3 billion shares. On the NYSE, advancers beat decliners by 2-1 on issues and on volume. The NASDAQ was 10-9 positive on issuesand 10-7 positive on volume. Treasury prices declined with the 10-year note losing 2/32 to yield 2.74%.

 

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