Lots of red on wall street today. Like you said, the wall street closed down 318 points. Good enough for a 2 decline. Same measures of decline on the s p 500 and nasdaq composite. Among the hardesthit sectors were the cyclical stock, the stocks that have the most sensitivities to the ups and downs of the Bigger Picture economy. Material stocks, industrial stocks, financial stocks all fell and they fell by over 3. 5 for the week and that helped send one measure of stock market volatility soaring. Thats the vix and rose by 44 this week. Thats the biggest spike in volatility weekly since june of 2010. And investors are also keeping a close eye on two other important parts of the market here. The russell 2000 index has fallen 6 . The dow transportation index has fallen 4 from its record highs and, remember, a 10 downside move is considered to be a correction. So maybe almost halfway there. Of course, youve got those emerging market stocks, like you said, larry, at the heart of the discussi
Uphold public order ahead of Parliament Election of a new leader. France is on its highest state of alert for extreme temperatures and more than a dozen places. As a heat wave envelops large parts of southwest europe, firefighters are trying to contain to large wildfires near the city of bordeaux. And more than 35, a bony across spain, thousands of people have been forced to flee their homes, especially in the south. The country has been experiencing a week long heat wave with highs of nearly 46 degrees in grains president Vladimir Zalinski is sacked, his prosecutor general, and the states intelligence chief, the president says, 60 officials from the agencies of working against ukraine in russian occupied areas. Allan fisher has more funky oh, what the president said is that they were investigating 651 cases of treason and 60 in the occupied territories where people were actively working for russia. No, theres no suggestion that either the chief prosecutor or the head of internal secur
This is out there, a look at the headlines now. 14000 people have been evacuated in Southern France as wild pause fuel by record breaking temperatures, enjoy conditions or scorching europe. My thoughts regarding the loan, the rest fire, we are dealing with a concerning situation, a critical situation. And now tim knology, the fire is not moving freely because that would mean it is moving as a once. But we are currently able to respond to it, attempting to redirect it and to try to limit its progression and in spain of firefighters are trying to put out dozens of blazes. Rugged terrain is hampering operations. At least 360 feet related deaths had been recorded in the past week. In the u. K. Health authorities are urging people to take precautions as full cost as predict reco temperatures. I think barbara has more from london. Weve heard from some senior voices within the National Health service that theyre worried that simply things like air conditioning and fans and not sufficient in h
Chose. We are 24 hours a way from the announcement. This decision could shake the future of the country for decades. Well have much more with an amazing legal panel. Candace owen will be here for the hour. First political realignment in n america. Are we moving from lift verses right to populous verses legal. Jerry brown recently signed a bill banning local governments from passing soda taxes. Soda taxes are bad and banning them is good. How it happen will disgust you. The American Association represents soft drink company. They funded the ballot measure that would have put a restriction on all taxes asia cross california. They gave them what they really wanted. The ban on soda taxes. This is not about whether you like local taxes or not. Its about the right of local people in trying to make the decision. Those rights were assaulted. Lets be clear, not by the American Beverage Association asiaassociationbut those that hd things like that. People like this man, the ceo of coke james qui
Announcement. This decision could shake the future of the country for decades. Well have much more with an amazing legal panel. Candace owen will be here for the hour. First political realignment in n america. Are we moving from lift verses right to populous verses legal. Jerry brown recently signed a bill banning local governments from passing soda taxes. Soda taxes are bad and banning them is good. How it happen will disgust you. The American Association represents soft drink company. They funded the ballot measure that would have put a restriction on all taxes asia cross california. They gave them what they really wanted. The ban on soda taxes. This is not about whether you like local taxes or not. Its about the right of local people in trying to make the decision. Those rights were assaulted. Lets be clear, not by the American Beverage Association asiaassociationbut those that hd things like that. People like this man, the ceo of coke james quincy who attacked american democracy in