Also tonight, donald trump is wasting his time in the bronx, following a Head Spinning week as a criminal defendant. Purveyor of nazi rhetoric, and bald faced liar that he was a target for assassination. Plus, how ron desantis fresh from his humiliating president ial campaign, is coopting the Civil Rights Era term Freedom Summer, to push his hateful agenda. We begin tonight with a very stark reality in america. Elections have consequences. And because this country elected donald trump in 2016, we have the most Extremist Supreme Court in modern history. Yesterday, the niemsz reported that Justice Samuel alito didnt just fly an upside down flag outside his virginia home, he also proudly displayed a flag that has become a symbol of Christian Nationalism outside his new jersey summer home. The flag seen here is called the appeal to heaven flag, which like the inverted u. S. Flag was carried by the Rioting Insurrectionists at the capitol on january 6th. Now, some will claim its a Revolution
But appetites to own are another. New home buyers, first timers, new lows, enormous ramifications for the housing economy. Lets check in with sue at the new york stock exchange. Kind of a mixed day here. We had mixed Economic Data so perhaps mixed trading session should not be a surprise. Dow, s p 500 and dow utilities. Dow negative by about three points or so. Some of the big integrated oils are moving. Chevron and then home depot the biggest drag on the index. Nasdaq up for the 11th time in 1 sessions. The middle of october we all remember how brutal that was. It ended with a pretty big bang. Which are riding the market the best . The index funds or actively Management Funds . Dominic chu is back at hq. If you look at active versus passive discussion it is about whether or not it is better off to pick stocks and time markets as opposed to do what everybody wants to do which is stick with one fund that marks the s p 500 and go from there. According to the analysts at morning star tell
Of strength following the best twoweek run in nearly three years. Apple reportedly set to hold an investor call today ahead of a potential bond sale that could be priced in euros for the first time. And two big deals. Well get more details on that. But we begin november after a halloween rally which saw the dow and s p set some record closing highs each with gains of more than 2 for october. The nasdaq outperforming them up 3 and this week more earnings reports, Midterm Elections tomorrow and big october jobs report comes up on friday. Really, jim, getting through october some consider a success. Its the biggest mid month comeback for stocks since 09. You had a couple of things. You had people betting that ebola was going to become a very big issue because people felt that the late mr. Duncan was going to make it so that there were multiple infections. There were a lot of people who were shorting restaurants, retail, theme parks, airlines. Turns out that none of them had a downturn. Th
Biggest annual drop in dollar terms. Industry group api will release its data today. And in global news petro bass could be declared in technical default on some of its foreign debt. Some bondholders want petro bass to speed up its losses in that giant corruption scandal. So a lot going on this morning. Mr. Kernen. It was down yesterday. In the second place. Here it is. In Corporate News the shares of civio today. The small Market Cap Company about to get smaller. The Oil Field Services provider warning the First Quarter and full year revenue numbers will fall well below analyst estimates. The company suspending its dividend and announcing plans to cut its workforce by 45 in the United States and 30 in canada. The ceo blames big cuts in Capital Spending by major oil companies. The first time weve ever led with it, but thats why. Because we are going to be watching. It doesnt matter the size at this point. Well be watching it for any of the ripple effects from whats happened. The crude
How low might oil go in 2015. Tyler is off today. Simon joins me. We have a developing story that we are watching closely this hour. Let me take you live to moscow where it is early evening, about 7 00 there. Thousands of people are rallying in an unsanctioned protest. One of the main opposition leaders in russia was this morning convicted of Money Laundering although he was released on bail. His brother was convicted on the same charges and imprisoned for 3 1 2 years. As he left that courthouse he called for protests across russia this evening. The critic was under house arrest. He intended to attend the rally. Protests of this nature are unusual and it is not sanctioned by the state. These scenes are flanked by riot police. It is quite tense. We will keep people informed of exactly what happens cht they have warned people that it is an unsanctioned demonstration and without a permit they are not allowed to be there. You will be aware of the background with the russian economy in some