Subscriber login

Business
School Closings
ARC of Delaware County: Delayed 2 HrsAcademy at Rensselaer Education Ctr: Delayed 2 HrsAchievements & Kids Express Mplwood: Delayed 2 Hrs, no before careAchievements St Kateri Tekakwitha: Delayed 2 HrsAchievements and Kids Express TBGC: Delayed 2 HrsAesthetic Science Institute: Delayed 2 Hrs, Classes will begin at 11 amAlbany Law School: Delayed 2 Hrs, All classes starting before 11 am are cancelled Staff report at 10:30 amAlbany Leadership Charter High: Delayed 2 HrsAlbany Pine Bush Discovery Center: Delayed 1 Hr, No AM Pre-K, Classes will still run, The Discovery Center will open at 10 am to the public. Morning classes scheduled to start at 10 will still start at 10.Albany Public Library: Delayed, No Morning Classes, All locations open at noonAmbleside School: Delayed 2 Hrs, All School Luncheon remains on scheduleAmsterdam City SD: Delayed 2 Hrs, No AM BOCES, No BreakfastAmsterdam Head Start: Delayed 2 Hrs, Staff ReportAn Nur Islamic School: Delayed 2 Hrs, Building opens at 8:30.Andes CSD: Delayed 3 HrsArlington SD: Delayed 2 Hrs, Delay 2 Hours ALL JISP CANCELLEDBArT Charter Public School: Closed, Full-year staff reportBallston Spa CSD: Delayed 2 HrsBattenkill Community Services: ClosedBennington College: Delayed Until 10a, Essential staff report as normalBerkshire County Head Start@Conte: Closed, No AM Head StartBerkshire Hills Regional SD: Delayed 2 HrsBerne-Knox-Westerlo CSD: Delayed 2 Hrs, No AM Pre-K, No AM BOCES, No BreakfastBethlehem CSD: Delayed 2 Hrs, No AM BOCESBlessed Sacrament School: Delayed 2 Hrs, No After-School Programs, No After School Events, Regular DismissalBoght Montessori: Delayed 2 HrsBrite Beginnings Day Care & Dev Ctr: Delayed 2 HrsBrown School: Delayed 2 Hrs, No Morning PLUS ProgramBrunswick Center Services: Open, Buses on Snow RoutesBrunswick Community Library: ClosedBurnt Hills-Ballston Lake CSD: Delayed 2 Hrs, No AM BOCES, 2-hr delay (Final) HS students check email for exam scheduleBurr & Burton Academy: Delayed 2 HrsButterfly Dreams Daycare: Delayed 2 Hrs, Daycare will open at 9;30amCEO Head Start (Rensselaer County): Delayed, All CEO programs and sites delayed until 10:00amCOARC Adult Transportation: Open, Staff Rpt, No TransCap Dist Ctr for Indp (Albany): ClosedCap Dist Ctr for Indp (Schenectady): ClosedCapital Milestones Child Care: Delayed 2 HrsCapital Reg Career & Tech (Albany): Delayed 2 Hrs, No AM BOCES, No AM BOCES, No AM classesCatholic Schools Office: Delayed 2 Hrs, Principals Meeting at 10:30Chatham CSD: Closed, Pops Concert Pstpnd to 1-18Childhood Friends Inc.: Delayed 2 Hrs, We will open at 9amChrist the King Church: Closed, No morning Daily Mass. Parish Office opens at 11 a.m.Christ the King Early Childhood Ctr: Delayed 2 HrsCircle Of Friends (Delmar): Delayed 2 Hrs, Wrap around two hour delayClifton Park Nursery School: Delayed 1 HrCobleskill-Richmondville CSD: Delayed 2 Hrs, No AM Pre-K, No AM BOCESCohoes City SD: Delayed 2 Hrs, No AM K, No AM BOCES, No Breakfast, CDTA buses running on Delay schedule - 9:30 amCohoes Community Center, Inc.: Delayed Until 9a, /Day Care delayed until 9am /No AM care at elem schoolsColonie Youth Centers: Open, No AM ProgramColumbia Co Nutrition Pg (Philmont): Closed, Staff ReportColumbia-Greene Comm College: Delayed, No Day Classes, The College will open at 4:00 pm.Columbia-Greene FCU: Delayed 3 Hrs, Opening at NoonCongregation Gates of Heaven: Open, Senior Moments Cancelled Rescheduled for Jan. 24Corinth CSD: Delayed 2 Hrs, No AM BOCESCrossFit Schenectady: Delayed, No morning classesCrossroads Center for Children: Delayed 2 HrsDiscovery Place Learning Center: ClosedDoane Stuart School: Closed, NO Snow CampDoors of Hope: ClosedDuanesburg CSD: Delayed 2 Hrs, No AM BOCESDutchess Community College: Delayed Until 5p, No Day Classes, Opening at 5 pm for evening classes. Student Services offices open 5 - 7 pm.EOC (Capital District): Delayed 2 Hrs, School closed until 10 a.m. staff/sudents report at 10Early Childhood Learning Ctr: ClosedEarly Childhood Education Center: Delayed 2 HrsEast Greenbush Community Library: Delayed Until 11a, Storytimes cancelledEco Baby Daycare & Preschool: Delayed Until 9aEddy Senior Care: Open, Schenectady Center is open Buses may be lateEmma Willard School: Delayed 2 HrsExcelsior College: Delayed 1 HrFirst Friends Nursery School: Delayed, No AM Program, Enrichment program begins at 11:30amGalway CSD: Delayed 2 Hrs, No BreakfastGateway Community Industries: Open, No Transportation, GCI open,trans cancelled SNP meals/cong.sites cancel PROS cancelled,Staff report, GCI is open but transportation is cancelled. Staff report., The Ulster County Office of the aging home delivered meals service and congregated sites are cancelled for today. , PROS is cancelled. Staff report. , Germantown CSD: Closed, Office staff report at noonGood Ground Christian School: Delayed 2 Hrs, Opening at 9:30Grace Chapel of Clifton Park: Open, All groups cancelled.Grand Gorge Head Start: ClosedGreen Island UFSD: Delayed 2 Hrs, No Breakfast, School opens at 9:40Green Tech High Charter School: Delayed 2 HrsGreenbush Child Caring: ClosedGreene County Nutrition Program: Closed, No TransportationGreene County Transit: Closed, No Transportation, all buses cancelledGreenwich CSD: Delayed 2 Hrs, No AM BOCESGrowing Up Right at the C.D.C.: ClosedGuilderland CSD: Delayed 2 Hrs, No AM BOCESHVCC: Delayed 2 Hrs, School closed until 10 am. staff and students report at 10 amHappy Kids Day Care Center: ClosedHead Start - Adams: Closed, No AM Head StartHead Start - Lee: Delayed 2 Hrs, No TransHead Start @ Becket/Washington: Closed, No AM Head StartHead Start @ Johnson - North Adams: Open, No AM Head Start, No Transportation, Childcare OpenHead Start @ Meadow Lane Pittsfield: Open, No AM Head Start, No Transportation, Childcare OpenHead Start @ Muddy Brook - GB: Open, No AM Head Start, No Transportation, Childcare OpenHebrew Academy - Capital District: Delayed 2 HrsHelping Hands Pre-School: Delayed, No AM Pre-SchoolHenry Johnson Charter School: Open, No Aft-Sch PgmHoosic Valley CSD: Delayed 2 HrsHope 7 Community Center: Open, for after school, Food Pantry Open 9:30-11:45aHopeClub: Delayed 3 Hrs, No Morning Classes, Opening at noon, Opens at noon. Hudson City SD: Closed, Offices now cosed Board Meeting as scheduledHudson Day Care Center: ClosedHunter-Tannersville CSD: Closed, No AM BOCESJefferson CSD: Delayed 2 HrsJohn Paolo's-Ballston Spa: ClosedJubilee Child Day Care Center: ClosedKIPP: Tech Valley Charter School: Closed, Both the primary and middleKid Kampus: Delayed 2 Hrs, Opening at 8:30AMKiddie Academy II: Delayed 2 HrsKiddie Academy of Albany: Delayed 2 HrsKidsFirst Childcare Center: Delayed 2 HrsKinderhook Memorial Library: Delayed 2 Hrs, Library will open at noon.Latham Christian Academy: Delayed 2 Hrs, No AM KLee Public Schools: Delayed 2 HrsLenox Public Schools: Delayed 2 HrsLife Kids Before/ After School: Open, No AM ProgramLifeSong Inc (Saratoga): Delayed 2 Hrs, Staff ReportLifeSong Inc (Schenectady): Delayed 2 Hrs, Staff ReportLifeSong Inc. (Albany): Delayed 2 Hrs, Staff ReportLifeSong Inc. (Rensselaer): Delayed 2 Hrs, Staff ReportLil Peeps Preschool: Open, 10am-2pm No TransportationLil' Lambs Christian Daycare Inc.: Delayed 2 HrsLittle Feet Daycare Center: ClosedLittle Tot Nursery School: ClosedLiving Res DCOP (Albany): Delayed 1 HrLiving Res DCOP (Rensselaer): Delayed 1 HrLiving Res DCOP (Saratoga): Delayed 1 HrLiving Res DCOP (Schenectady): Delayed 1 HrLiving Resources DCOP (Columbia): Delayed 1 HrLong Trail School: Delayed 2 HrsLoudonville Christian School: Delayed 2 HrsMacedonia Baptist Church (Albany): Closed, No Adult Education, Bible Study is CanceledMalta Montessori School: Delayed 2 Hrs, No AM Pre-K, No toddler programMargaretville CSD: Delayed 3 HrsMass. College of Liberal Arts: Delayed Until 10aMechanicville City SD: Delayed 2 HrsMekeel Christian Academy: Delayed 2 Hrs, No AM Pre-SchoolMenands UFSD: Delayed 2 Hrs, No BreakfastMetropolitan NTM Baptist Church: Closed, All activities cancelled.Mid-America Baptist Seminary: Delayed 2 HrsMiddleburgh CSD: Delayed 2 Hrs, No AM Pre-K, No AM BOCES, No Breakfast, One Hour Early DismissalMilford CSD: Delayed 2 HrsMohonasen CSD: Delayed 2 Hrs, No AM BOCESMontessori School (Schenectady): Delayed, No AM Program, Early care open at 11.Morning Star Baptist Church: Closed, 6pm Bible Study is cancelledMother Teresa Academy: Delayed 2 Hrs, No AM Pgm, No morning care Doors open at 9:45Mrs. Puddle Duck's Childcare: Delayed 2 Hrs, Opening at 9:00 amMyers Education Center: Delayed 2 HrsN. Greenbush Little Red School: ClosedNassau Free Library: Delayed Until 2p, No AM Pgm, No Morning Classes, No Story TimeNewmeadow at Clifton Park: Delayed 2 HrsNewmeadow at Fort Edward: Open, Upstate Trans delayed 2 hrsNiskayuna CSD: Delayed 2 Hrs, No AM BOCESNorth Colonie CSD: Delayed 2 Hrs, Check website/email for SHS exam scheduleNortheast Parent & Child Society: Open, Staff Rpt, No TransNortheastern Baptist College: ClosedNorthern Berkshire Voc SD: Closed, No After Sch EventsNotre Dame-Bishop Gibbons: Delayed 2 HrsOak Hill School: Delayed 2 HrsOakwood Christian School: Delayed 2 HrsOhav Shalom Nursery School: Delayed, No AM Pre-School, No AM Program, opening at 9:30 all staff report at 9:00One Love Preschool: Delayed 2 HrsOrlo School of Hair Design: ClosedOtego-Unadilla CSD: Delayed 2 HrsOur Lady of Victory Early Childhood: ClosedOur Savior's Lutheran School: Delayed 2 Hrs, No AM K, No AM Pre-School, No LaunchpadOur World Montessori: Delayed 2 Hrs, Open at 10:45 a.m.Parsons Early Head Start Day Care: Delayed 2 Hrs, Staff report by 9Parsons Early Learning Center: Delayed 2 Hrs, Staff in by 9Pine Cobble School: Delayed 2 HrsPineview Comm Church Pre-School: Delayed 2 Hrs, No Breakfast, opening at 9:30Pumpkin Patch (Albany): Delayed 2 HrsQuestar III BOCES - Sarah's Sisters: Delayed 2 HrsQuestar III Catskill Academy: ClosedQuestar III Columbia-Green Ed Ctr: Closed, New Visions open house will be rescheduled to tomorrow night, Thursday, 1/18.Questar III Rensselaer Academy: Delayed 2 HrsQuestar III Rensselaer Edu Ctr: Delayed 2 Hrs, No AM BOCES, Q3 New Vision is closedQuestar III Sackett Educational Ctr: ClosedReadsboro Central School: Delayed 2 HrsRed Hook CSD: ClosedRedemption Christian Academy: Delayed 2 HrsRensselaer City SD: Delayed 2 HrsRensselaer Public Library: Delayed 1 HrRichmond Consolidated: Delayed 2 HrsRiverRun Community Montessori: ClosedRiverside Enterprises: Open, Buses on Snow RoutesRobert C. Parker School: ClosedRoeliff Jansen Community Library: ClosedRoots and Wings Montessori: Delayed 1-1/2 Hrs, Open at 9am no before careRosa Venerini Early Childhood Cente: Delayed 2 Hrs, Before Care Cancelled Doors Open at 9Roxbury CSD: Delayed 2 HrsSUNY New Paltz: Delayed 3 Hrs, Offices will open at 10:45, Offices will open at 10:45 a.m.SW Vermont Career Dev Ctr: ClosedSacred Heart School (Bennington): ClosedSacred Heart School (Troy): Closed, TSL is opens at 2pmSage Colleges (Troy & Albany): Delayed 2 Hrs, Classes begin at 11 amSaratoga Central Catholic HS: Delayed 2 HrsSaratoga County Senior Meals: ClosedSaratoga Independent School: Delayed 2 Hrs, No Before Care or AM Pre-KSaratoga Springs City SD: Delayed 2 Hrs, No AM BOCESSaugerties CSD: ClosedSchalmont CSD: Delayed 2 Hrs, No AM BOCES, No BreakfastSchenectady City SD: Delayed 2 Hrs, No AM Pre-K, No AM BOCESSchenectady County ARC: Open, Buses on Snow RoutesSchenectady InnerCtyMin Food Pantry: Closed, Staff Report, Food Pantry is closed. Will reopen Thurs, Jan 18.Schenectady Jewish CC: Delayed, Early Childhood Education will open at 8:30 amSchenevus CSD: ClosedSchodack CSD: ClosedSchoharie CSD: Delayed 2 HrsSchoharie Career and Technical Scho: Delayed 2 Hrs, No AM BOCESSchoharie County Com. Action Prg.: Delayed 2 Hrs, Opening at 10:00 AM.Schoharie Cty Child Dvp Cobleskill: Delayed 2 HrsSchoharie Cty HeadStart (Schoharie): Delayed 2 HrsSchool's Out, Inc.: Closed, No AM ProgramSchools Out Childrens Center LLC: Open, 6am - 2pm no transportationSchuylerville CSD: Delayed 2 Hrs, No AM BOCES, No BreakfastScotia-Glenville CSD: Delayed 2 Hrs, No AM BOCES, No BreakfastShaftsbury Early Childhood Center: Open, 10am-2pm No TransportationSharon Springs CSD: Delayed 2 Hrs, No AM BOCES, No BreakfastShenendehowa CSD: Delayed 2 Hrs, No AM K, No AM BOCESShooting Stars Nursery & After Sch.: Delayed 2 Hrs, No AM Pre-SchoolSkidmore Early Childhood Center: Delayed, No AM Pre-SchoolSouth Colonie CSD: Delayed 2 Hrs, No AM Pre-K, No AM BOCESSouthern Berkshire Regional SD: Closed, No Aft-Sch Pgm, No PM Activities, No After School EventsSouthern Vermont College: ClosedSouthwest Vermont SU: ClosedSpa Christian School: Delayed 2 Hrs, No AM K, No AM Pre-SchoolSpotted Zebra Learning Center: Delayed 2 HrsSt Ambrose School: Delayed 2 Hrs, No AM PgmSt Catherine's May School: Delayed 2 Hrs, No BreakfastSt Clement's Regional Catholic Sch: Delayed 2 HrsSt Edward's Church: Closed, No 9am Mass No daytime eventsSt George's School: Delayed 2 Hrs, No AM Pre-School, AEP begins at 11:30 amSt Kateri Tekakwitha School: Delayed 2 Hrs, No Breakfast, No Before Care. School doors open at 10:00 am.St Madeleine Sophie Pre-School: Delayed 2 HrsSt Madeleine Sophie School: Delayed 2 HrsSt Mary's Institute ES (Amsterdam): Delayed 2 Hrs, No AM Pre-K, No BreakfastSt Mary's School (Ballston Spa): Delayed 2 Hrs, No AM Pre-School, Before Care Opens at 8:00amSt Pius X School: Delayed 2 Hrs, No AM Pre-KSt Stephen's Pre-K Acad (Delmar): Closed, No AM Pre-K, No AM Pre-K; Enrichments still on in the afternoonSt Thomas the Apostle School: Delayed 2 Hrs, No AM Pre-KStepping Stone Pre & DCC (Albany): Delayed 2 Hrs, Open at 9:00Stillwater CSD: Delayed 2 Hrs, FinalSullivan BOCES: Closed, All facilities are closedSunnyside Center Day Care: Delayed 2 Hrs, Day Care open at 9am. All staff report at 9am.Sunshine Kids Corner: Delayed 2 Hrs, Opening at 9 amSusan Odell Taylor School: Delayed 2 HrsTLC Christian Day Care: ClosedTech Valley High School: Delayed 2 HrsThe Albany Academies (AA & AAG): Closed, Check web later for athleticsThe Beagle School: Delayed, No AM Program, PM Class OpenThe Children's Museum at Saratoga: Delayed 2 HrsTiny Tots Early Learning Center: ClosedTown of Ballston Community Library: Delayed 2 Hrs, Library will open at 12pm; Morning programs canceledTroy City SD: Delayed 2 HrsTroy Prep: Delayed 2 HrsTroy Public Library: Delayed 3 Hrs, The library will open at 12:00 pm today. Twin County Recovery Services, Inc.: Closed, No groups or appointmentsTwin Valley Elementary School: Delayed 2 HrsTwin Valley Middle High School: Delayed 2 HrsUlster County Community College: Delayed 2 Hrs, Employee code orangeUlster-Greene ARC (Catskill): Open, No Transportation, transportation cancelledUlster-Greene ARC (Kingston): Open, No Transportation, All Classes Cancelled, Kingston Transportation Cancelled Training Center Cancelled, Kingston Transportation Canceled., Rosendale Training Center classes Cancelled. , , Unity Sunshine Program: Delayed 2 Hrs, No AM Pgm, Day Care Open, Special Ed delayed 2 hours. UPK delayed 2 hours. at A Child's PlaceUpstate Transit: Delayed 2 Hrs, School DivisionVillage Of Colonie Senior Center: ClosedVoorheesville CSD: Delayed 2 Hrs, No AM BOCES No BreakfastWWAARC—Albany & Queensbury: Open, Albany Location on Snow Routes; Queensbury Location normal routineWaldorf School (Saratoga Springs): Delayed 2 Hrs, 2 Day PreK begins at 10:30Warrensburg CSD: Delayed 2 Hrs, No AM Pre-K, No AM BOCES, No AM Head Start, No BrkfstWashington County EOC: Open, Cambridge HeadStart delayed 2 hours, No AM transportWaterford-Halfmoon UFSD: Delayed 2 Hrs, No BreakfastWatervliet City SD: Delayed 2 HrsWhispering Pines (Cobleskill): Delayed 2 HrsWhispering Pines - Schoharie UPK: Delayed 2 HrsWhispering Pines Pre Sc (Amsterdam): Delayed 2 Hrs, No AM Pre-School, No morning Toddler Program No morning wrap aroundWhispering Pines Pre-sch (Delanson): Delayed 2 Hrs, No AM Pre-School, No Toddler ProgramWildwood Adult Day Services: ClosedWilton Baptist Academy: Delayed 2 Hrs, No AM KWonderland Nursery School: ClosedYMCA (Bethlehem): Open, No Morning ClassesYMCA (East Greenbush): Open, No Morning Classes, Or programs, Child watch Opens at 9am, Snow Day Program opens at 8amYMCA (Greater Glenville): Open, No programs until noon. No AM Childwatch.YMCA (Guilderland): Open, No AM Pre-School, No Morning Classes, No AM branch childwatchYMCA (Schenectady): Open, No Morning Classes, Child Watch Closed for AM Classes Cancelled til NoonYMCA (Troy): Open, No Morning Classes, Or programs, No Child WatchYMCA Duanesburg: Open, No Morning Classes, No morning child watchYMCA Greene County Branch: Open, No Morning ClassesYMCA Southern Saratoga: Open, No Morning Classes

Stock selling accelerates into afternoon trading

Stock selling accelerates into afternoon trading

U.S. stocks extended declines from earlier this week in late-afternoon trading Friday, hurt by weak

NEW YORK — U.S. stocks extended declines from earlier this week in late-afternoon trading Friday, hurt by weak performances from retailers and companies sensitive to higher interest rates.

The Standard & Poor's 500 index was down eight points, or 0.5 percent, to 1,653 at 2:15 p.m. Eastern Daylight Times. The Dow Jones industrial average fell 48 points, or 0.3 percent, to 15,064. The Nasdaq composite lost 3 points, or 0.1 percent, to 3,603. Friday's losses added to the triple-digit declines in the Dow the previous two day.

A bleak sales outlook from Nordstrom late Thursday followed similar forecasts from Wal-Mart and Macy's earlier this week. The outlooks have raised worries that U.S. shoppers might be pulling back on spending. T

Nordstrom's stock fell $2.13, or 3.7 percent, to $57.20, making it the second-biggest decliner in the S&P 500.

The retail industry is a closely-watched part of the U.S. economy as consumer spending makes up roughly 70 percent of economic activity. The disappointing outlooks are worrisome because they take into account the back-to-school shopping season, typically the second-biggest shopping period for U.S. retailers.

"It's left us scratching our heads," said John Fox, who oversees $873 million in assets as co-manager of the FAM Value Fund. "It really forces you to ask the question: 'is the consumer slowing down?'"

The benchmark U.S. 10-year Treasury note rose to 2.85 percent, its highest level since July 2011. Late Thursday, the yield was 2.77 percent.

Interest rates have been climbing sharply for the last two weeks as investors anticipate that the Federal Reserve will cut back on its big bond-buying program as early as September.

"Very few investors have wanted to buy stocks ahead of the Federal Reserve's (possible) tapering in September," said Brian Reynolds, chief market strategist at Rosenblatt Securities. "Now it's a late summer Friday in August coming off a couple hard days, making people even more scared to be a buyer in this market."

Shares of utilities and telecommunications companies, which typically perform poorly in a higher interest-rate environment, were all broadly lower. Northeast utility Consolidated Edison Inc. was down 81 cents, or 1.4 percent, to $56.57 while California-based PG&E was down 83 cents, or 2 percent, to $42.52. Dow components Verizon Communications Inc. and AT&T Inc. were down 2.3 percent and 1 percent, respectively.

Investors have been concerned about what will happen to the stock market — and the U.S. economy — if the Fed begins winding down its $85 billion-a-month bond-buying program next month. Some investors think that the Fed's program has been a large contributor to the stock market's record run.

"The big question is will the Fed eliminate the bond-buying program in September and, if so, how they will they remove the bond buying," said Frank Davis, director of sales and trading for LEK Securities.

The Dow has dropped more than 300 points, or roughly 3 percent, this week. The S&P 500, which is a broader gauge of the market, is down almost 40 points, or 2 percent. The market is on pace for its third-worst week this year.

Reynolds said investors should expect more selling ahead of the Fed's decision.

"Expect a correction, but a shallower correction than the one that happened in June," he said.

In other news, personal computer maker Dell Inc. reported a 72-percent drop in its fiscal second-quarter earnings. That may help convince Dell shareholders to approve the $24.8 billion buyout proposed by founder Michael Dell. and private-equity firm Silver Lake.

Shares of Dell rose 5 cents, or 0.5 percent, to $13.77 - below the proposed buyout price of $13.88 per share.

View Comments
Hide Comments
0 premium 1 premium 2 premium 3 premium 4 premium 5 premium article articles remaining SUBSCRIBE TODAY

You have reached your monthly premium content limit.

Continue to enjoy Daily Gazette premium content by becoming a subscriber.
Already a subscriber? Log In