Being forced to leave and leave right now. All of this as President Trump tours the devastation beginning in corporate us krity Vice President pence will head to texas later this week Contessa Brewer will get the latest on relief and recovery earnings there lets go to john kern an, pretty dramatic scenes in dickinson, a lot of water between here and houston, turned into a bayou. I wish i could say that was the end but apparently not after opening down triple digits, the dow is positive. And investors brushing aside fears about north koreas latest Missile Launch United Technologies and caterpillar and apple leading gains and financial and material stocks the biggest laggards right now. Lets get you caught up on the latest on harvey the storm setting a rainfall record for tropical cyclones in texas. The National Weather service just over 49 inches of rain has been observed at locations southeast of houston flash flood warnings remain in effect throughout houston, about 300,000 people by
When people feel fear, they rush for safety. We had the yield on the tenyear below 2130 earlier today. Selling of stocks across the board. The dow down 117 points off just slightly yesterday. That is half of 1 . The biggest and hardest it is then not back down almost 1 this hour. In europe, losses across the board as well. Heavy selling in england, france, germany being the hardest hit, 1. 5 right now. Asia overnight, markets mostly lower. All of that and so much more coming up this morning. With me all morning long, fox news correspondent lee gabriel. Wall street economics editor Jon Hilsenrath and democratic strategist michael star hopkins. Welcome one and all. To you first come of this missile test is not the first time north korea has shot a missile over japan, but again, this is a different situation given the fact we know that its nukes have been miniaturized. Absolutely. The last time was in 2009. They said it was a satellite they are launching them. This basically into three pi
This is the way to do it. An additional 20 to 30,000 soldiers and airmen that if requested could be brought in. Devastated. Liz President Trump and the first lady in texas serving firsthand the destruction from Hurricane Harvey. Theyre scheduled to depart austin texas this hour. We will bring that to you and now this, a death toll mounting, 15 now dead including a Houston Police officer drowned in his car while on the way to work and an estimated 50 billion in damage, 30,000 people now in shelters. The downpour only half way over. Words like unprecedented do not capture the severity of the situation and harvey is now heading towards louisiana and to north korea the white house says all options now on the table after north korea shot a missle over japan late yesterday. The safe haven trade, the russia safety trade now on in the market. Welcome to risk reward im elizabeth macdonald. President trump now in austin, texas with the first lady after surveying the damage in southeast texas. Th
This 20 the Southeast Texas just looks like a lake. As we have seen, homes are underwater and cars have water over the top. Im concerned because this morning the Houston Police chief that he is preparing for finding bodies inside homes, once the water is reaching it. Known we do not know who is stuck in an attic. These are known adopt. Sector elderly people who cannot move. A lot of people with disabilities. The water is rising. Unfortunately, we are seeing the beginning of this. A we are in the state of texas. We left washington a few hours ago. The rain continues to fall over Houston Texas where many streets resemble lakes and rivers. Like you simply chief said the officers arrested more than 3400 people since the flooding started started. Back harvey is expected to make landfall tomorrow morning east the texas and louisiana about it. The American Red Cross says there are more than 70,000 people in texas seeking refuge in shelters. More than 9000 people are staying at the Convention
The president will bring a promise of money, manpower and the military. The gold coast needs at all. North koreas blatant provocation. Japanese people woken up by a red alert from broadcasters. Take cover at the north korean Ballistic Missile flew up ahead. The south Korean Military has responded with a live fire precision bombing run close to the north. No military response from america at this point. The president has not taken it off the table. I mistake on either side risks were. Investors dont like to hear that. Today they are selling. The dow opened sharply lower. But it is the human catastrophe unfolding in houston that is great the attention of the nation. Earlier in unthinkable forecast to 50 inches of rain, the still rising floodwaters and directly from people who have lost everything. Varney company is about to begin. Lets get right at it. The flood of biblical proportions. Jeff flock on the ground in houston. Am i right in saying the water levels are still rising . Reporter