Friday, October 15, 2010

Strong Low Hugs Northeast;Yankees Stumble Early,Then Recover

A powerful low pressure system gave the Northeast coast a bear hug Friday night,bringing gusty and even snowy conditions to residents.Vermont received up to a foot of snow-not unusual for October,one skier remarked.Meteorologist Jim Cantore reported for The Weather Channel in the snow,predicting a cold,snowy winter for the Northeast.
Pitcher CC Sabathia was feeling pretty cold himself,being slammed with five runs in the early innings by the Texas Rangers as the American League Championship Series got underway in Arlington,Texas.Former President George W. Bush,who now lives on his Texas ranch permanently,was on hand to applaud his favorite team.The Yankees later came back strongly to win the game 65.
The stock market registered its sixth weekly gain in seven weeks,with the S&P 500 index up 0.95.The Dow edged 0.51 higher,and the NASDAQ gained 2.78,cheered by Google's strong Q3 earnings.The latter trend continued in the futures market Friday evening,with the NASDAQ futures up 33.0,while the Dow futures fell 28.0 and the S&P futures were flat.Bond futures climbed.
Companies reporting earnings next week include Citigroup,Apple,Caterpillar,Bank of America and IBM.
Google(GOOG),Apple(AAPL),International Business Machines(IBM),Caterpillar(CAT),Bank of America(BAC)

No comments:

Post a Comment