A SEVERE THUNDERSTORM WATCH is in effect for Austin, Burleson, Lee, and Washington Counties until 10am, and Montgomery & Waller Counties until 1pm. Damaging winds in excess of 60mph is the main concern.
The stock market's strong performance in January is continuing into February.
Today's gains have brought the Dow Jones industrial average above 14,000 for the first time in more than five years.
Market watchers are divided over what today's stock market milestone means.
Peter Cardillo, chief market economist at Rockwell Global Capital, says the 14,000 mark will have a psychological impact, and will attract smaller investors.
Until the past few weeks, those investors had been shying away from stocks. But now, billions of dollars have been flowing into mutual funds targeting U.S. stocks.
But Joe Gordon, an asset manager in North Carolina, isn't celebrating. He thinks the gains won't last. Gordon says the fact that small investors are finally piling back in the stock market is a sign that it's getting overhyped and ready to fall.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.