The country. Runway scare. A passenger jet catches fire at jfk airport just moments before taking off. Fire crews scrambling to the scene. This morning, the investigation into what went wong. And double feature. George and amal clooney expecting twins. Their friend, matt damon, tells natalie he was among the first to know. He didnt know the 12week rule. The thoughts pouring in from friends and fans today, friday, february 10th, 2017. This is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. Plea. Good morning. Marias last after the news about George Clooney and amal clooney. He didnt know the 12week rule. Well have more on that later. Lets start on a friday morning with our top story. President trump vowing to keep fighting for the controversial travel ban, after a panel of judges ruled unanimously against reinstating it. Our team has it all covered, beginning with peter alexander. Peter, good morning to you. Reporter good morning to you. Another bus
And the major averages today, we continue to see some small the kleins and small movement, overall as we are on track for the 55th straight session for the s p 500 without a move of at least 1 . The dow not quite making a 13th street winning session winning streak. It is very little changed, either way. All three major averages down just a bit as investors await more details of President Trumps tax plans and economic policy. We do have some earnings news that came out that is depressing several individual stocks pretty sharply, targets down 13 a half percent. 13. 5 . Out,ompany numbers coming missing estimates by a wide margin and the Company Announcing a change of strategy that is really caught investors off guard and says it is going to go more in the walmart direction and offer lower prices than it has in the past. Investors trying to get around that change in strategy. Submitted torrigo some urging to sell royalty rights on its multiple sclerosis drug. At the same time, the company
I think if the weather continues to cooperate, we have a little bit lower temperature today, relative humidity was a little higher, well continue to make progress. Reporter all righty. So were seeing similar conditions to yesterday as far as the wind is concerned. You see how the smoke just hovers the north side. Its not blowing away. Its basically fueldriven. Its dry out here. Well be talking about that in the next hour in the 6 00 hour. The Evacuation Order has been lifted for rancho prieta way and several other roads. Again, a very tough couple of days for these firefighters out here. Liz . It sounds like they are making progress. When do crews think they will have this thing contained . Reporter we spoke with the pio around 1 30. He said they would contain it october 3. That was well before the fire blew up on the north side so well have to check with him to see if that alters that containment date. Thank you. In petaluma we are learning the cost of a devastating grass fire off 101
Futures seem to be negative. In a repeat of yesterday, down in the european session about dow. Points on the then we come back up as things start to unwind. Be interesting to see. Kicked back nicely yesterday. Pause or are we seeing a rotation or minitemper tantrum . That. Ll be dissecting we have some great guests for tabckling the feds. Scott e joined with minors. He will reveal his big call on year note. Plus, later were going to head buenes ares. But first, youre standing by to market. The it felt a little bit down this morning but except you look at commodities. Governors brainards speech. Struck by her. Ne they were. Wasfollow through to europe as follows. Three days of losses. We snap that up. Yesterday, a softer dollar session. Little reverted just a bit with the bloomberg dollar index up by quarter of 1 . Happening on the cable rate. Down by half of 1 . Inflation in the United Kingdom came below estimates. Downside surprise potentially the door if they so wish to cut rates aga
Closed up 22 points. S p. 18 . That is resilience. Im going to tick off how much bad news this market takes on a given day after very big run the last four weeks and the darn thing just keeps fighting. It can take a jab. It can absorb multiple upper cuts and simply wont stay down. Lay flat on the campus. First, former market darling. Aggressive Pharmaceutical Company punching back for months now, share price got cut in half today. Here is the stock that had come down from 263 seven months ago to 69 yesterday but it still managed to plunge another 35 in this one session. A sound is worth 1,000 words. Valeant including Hedge Fund Billionaire bill ackman. A year ago it was one of the best performing of all time but an astonishing tail spin since last august. You would think that valeant could shake up the whole market with the gigantic stunning decline, but hillarys wrath against the company hasnt resonated beyond this one poster child. Dont ever believe, by the way, anyone that says you