Lori rothman has Market Movers from the floor in the nyse. First to the cme and trader Scott Shellady. Many analysts blaming the drop in oil prices for the market loss, scott. Weve seen other days with 3 oil drop that didnt lead to 250 point drop in the dow. So what else, what else is going on besides oil . Well, i think the underlying problem here is the fact that weve got equity prices overstretched because of free money. I have said before, you know, we dont have Interest Rate problem here in the u. S. But the fed has an Interest Rate problem, right this they have pushed us out the risk curve looking for yield. That is the big problem. No, we dont have a problem with our Interest Rates as a country but the fed has to find a way town wind this thats why this little hiccup here sent things tumbling down. Bearish news in oil sent us lower didnt help things. But it is still the fed with Interest Rate problem, not the economy. David almost an impossible problem. Scott, you will join us a
John kasich, melissa is one of the last ones here campaigning in michigan he may or is making three stops. Gross point woods, a private high school, suburbs of detroit. Kasich wrapped up a little while ago. He says he wants to get some momentum out of michigan before he heads on to his home state of ohio. The polling suggests that just might be happening. I want to show awe poll out today from Monmouth University. It shows donald trump leading here in michigan by 13 points. You might be asking, blake, what momentum are you talking about, as you see cruz and kasich in the lower 20s. When you look at the poll break it down to the last two days, saturday, sunday, it showed john kasich for those asked on those two days appeared much better than he did on thursday and friday. Just six points behind trump in that case, 322. Well see if that 32it 6. Well see if momentum carries. Trump still has his lead in michigan. Same story in florida, Monmouth University poll shows trump leading. Kind of
Reporter thats right, melissa, keeping Nuclear Weapons and materials out of the hands of terrorists is especially hoon at agenda here for the summit of 56 leaders that have come here because of recent isis attacks in paris an brussels. Which have shown isis is capable of launching mass attacks in large urban areas. Last week leaders agreed to add to the last minute, a special meeting here tomorrow on fighting isis including keeping it from obtaining Nuclear Weapons. We are committed to working together on combating isil. At the end of this Nuclear Security summit, there will be International Focus what additional steps need to be taken in light of the terrible tragedy that took place in brussels. Reporter and there are new warnings about isiss efforts to get Nuclear Weapons and materials coming out of belgium where investigators found a videotape of a highranking Belgian Nuclear official that had been taped by isis operatives. Leaders want tighter control on materials for one thing. Th
White house coming right up. Spacex is gearing up to launch its dragon rocket bound for International Space station. It is packed with science experiments and the first expandable room to be used by hypes in orbit. Well bring you details and the launch live when that happens. Melissa back to breaking news developing right now, appears the third suspect in the Brussels Airport bombing, socalled man in the hat, may have been arrested today. Fox newss greg palkot has the latest developments on this one. Greg . Reporter melissa, literally in the last half hour we got information from belgian authorities after major terror arrest. Lets underscore that. A major terror arrest. They confirmed they arrested a man named mohamed abrini. Here is what we know about him. He played a significant role in the paris terrorist attacks last november which left 130 people dead. He is seen in Surveillance Video bringing salah abdeslam, one of the key logisticians down from brussels to paris two days before
Tension between the two countries. Jennifer. Reporter the radar contacts validate turkish claims that the russian plane entered turkish airspace. Authorities released the map showing path of the russian plane. U. S. Pilots heard the warnings on the guard frequency, mandatory radio frequency in all aircraft. We were able to hear everything that was going on. Obviously these are on open channels. Im sure there are others who heard it all as well. Reporter tushes say they issued 10 warnings in matter of five minutes. Military sources i spoke to after the plane went down, told me two turkish f16s were involved. One fired an aim 9 sidewinder a heatseeking missile, normally fired at close range. Russian state media confirms a russian marine was killed trying to rescue downed pilots that parachuted out of the plane. They are shooting a u. S. Toe antitaping missile as they tried to rescue pilots at scene of the crash north of syria. They confirmed one. Russian pilots is dead following crash. R