Weather Alert

Snowstorm Well Underway - Periods of Heavy Snow and Difficult Travel into Tonight

Snowfall rates of 1" to at times 2" per hour are likely this afternoon and this evening across most of the area as low pressure passes to the region's south.  This will cause rapid accumulations and low visibility producing hazardous travel conditions.  The storm will begin winding down after 10-11pm with accumulating snow ending from west to east between 1am and 4am Thursday. Click Here for the CBS6 Weather Forecast Page

WEATHER ALERT


Weather Alert Radar


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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