Roughly 328point drop this is a market we havent seen in a while bryn, maybe well start with you on whether or not this is the beginning of something great or just the pullback to cool off the jets for the time being. I think now we can say its a pullback technicals were saying we were overbought, which we had been in july august, as you have talked about all week, has not been a good month typically for stocks i think this is a breather i want to say talking about the debt down grade, thank you fitch, thank you finally someone says what needed to be said is that, you know, dom, in 2021 Interest Payments were about a third of what we pay on social security, which is around 1. 2 trillion as we know today Interest Payments on the debt are at a trillion dollars and growing i think whats been what needs to be said, and although it hasnt reflected the market today, a lot of this inflationary pressure, the fed will not say any of it has to do with Government Spending i think we all know it h
710ths green arrows for major in deksz. Ftse up. Germany, dax up. Gains in france after the French Election there one of the biggest majorities theyve seen in post war france. You can see crude oil markets up slightly still below 45 a barrel following developing story from london, a van plowed into a group of pedestrians outside a mosque injuring ten people it happened as worshippers were leaving evening prayers. Metropolitan police say the driver of the van was taken into custody and theyre treating the incident as potential act of terrorism. Almost one year since britain voted to leave European Union. Formal brexit talks begin today. David davis is meeting with eu chief negotiator in brussels that kicks off the process that must be completed by march, 2019 discussions come less than two weeks after Prime Minister theresa may and her conservative party lost the majority in parliament, adding to further uncertainty when it comes to these talks. And becky alluded to this in other politi
Fake name and also illegally. He was is here for four to five months working a as a laborer nearby but sometime during that Period Police says tack a woman at this bus stop at eighth and race, and then dragged her right over there by the broad ridge spur and raped her. Now, four years later he is across the street at Police Headquarters in jail. Back from mexico and with a new mug shot Alberto Isaac suarez, a mexican national, wanted for rape, now in the city of one of his alleged crimes. Returned by the agencies that spent years trying to find him. We thought it was very fitting that a Philadelphia Police officer, a accompanied by an fbi agent, traveled to mexico city, put the handcuffs on Alberto Suarez, and brought him back to philadelphia. Reporter in april 2012, Mexican Police jailed him, acting on a fbi unlawful flight arrest warrant. From suarez own Family Police learned he fled philadelphia and then went to texas before crossing the board tore mexico in september 2010. Delibera
Captioning sponso the miner is grappling with lower iron ore prices and rising costs. Todays drop drove the stock down to a twomonth low. Then after the bell, we also got earnings news from zillow. The real estate website posted a 73 jump in quarterly revenue as it added more subscribers. The shares gained 8 in the regular session, and tacked on another 10 afterhours. This follows strong Fourth Quarter results yesterday from rival trulia. Today, its stock jumped more than 20 . And finally, four of the five most active Exchange Traded products rose in todays trading. And thats tonights market focus. Susie gold ended todays susie gold ended todays session at 1,640 an ounce, it hasnt been that low since august. The move south, comes ahead of this weekends g20 meeting in moscow. Investors are watching for hints at currency policy, which could be a clue to whether they should be buying or selling gold. But as Ruben Ramirez reports no matter what comes out of this weekends meetings, it looks
Both made gains on better than expected manufacurting numbers coming from the midwest. The nasdaq however, lost ground falling 5 points. Gold dropped 8 dollars and oil 73 cents. Valeant pharamaceuticals plumps up its offer for botox maker allergan from 49 billion to 55 billion. Allergan shares shot up 6 , the ftc rules mens wearhouse and joseph a bank are suited for their proposed merger. A new low cost Airline People express is ready for takeoff with service that begins this month. Trader scott shellady, ceo of bull reef brokerage, tjm investments is here to tell us what is on his plate, good morning scott. Good morning. Is the stock market going to be doomed in june . You will probably have some pundits calling for that and that is sell in may and go away or sell in the summer and go away, so far it has not done you very well. Both the bond market rallied and the stock market is rallied and i think because theres nowhere else to put the cash right now and the state of the economy, yo