Concerns about Rising Interest Rates and some nitpicking about selected corporate profit reports. The Dow Jones Industrial average plunged 665 points to 25,520 or about 2. 5 . The nasdaq dropped 145. And the s p 500 dipped 59. All 30 of the dow components were lower. A day of rumrs. And of all the 500 stocks in the s p 500, only a handful were in the green and higher. Today concluded the worst week for the major afternoons since 2016nd selling starting with the release of the january jobs report. Employers added 200,000 jobs last month, which was more than expected. E remainedoyment r steady at 4. 1 . And wage growth accelerated. Average Hourly Earnings jumped 2. 9 from a year earlier, the y strongestr over year gain since 2009. Investors are concerned veho that that could trigger higher inflation, and so bond yields a rose stocks fell. Bob pisani has more on the selloff from the new york stock exchange. Reporter stocks gave up about one third of januarys strong gains. The dow and the
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
And former Intelligence Agency officials provide recommendations to attract women, minorities and foreign students to the fiber security industry, the discussion is 90 minutes. Welcome and good morning. Thank you. We are happy to see you, i work on Workforce Development issues at new America Cyber Security Initiative was my pleasure to thank you for hearing it this morning. We are thrilled to see this level, it speaks for itself the level of interest in this topic and i want to say to palo alto, the idea for this event and provided the breakfast that is critical to success, here is new america we spent time thinking of Workforce Development and how to increase the pipeline, workers coming into the industry. A critical part of that is expanding the number of people and types of people we think of who fit in the industry. The Cyber Security project we will find online that incorporate stories of people who work in the industry telling their stories and putting into evidence the fact ther
That can reliably fill the 65,000 seat stadium. A feat that will depends on thousands flying or driving to las vegas for the pricey games. The legislature divided with many saying the legislature needs to concentrate on the states real needs better schools, safer streets and improving infrastructure needed to serve las vegas 2 million residents plus 350,000 daily visitors. Im very concerned about thinking that theres 10 to 22,000 people in the nation going to fly here to see raiders game. If you look at most nevadans they dont want a stadium. They dont want a stadium paid by taxpayers. Its a tough call. Very, very tough call. Reporter no vote is expected today. But one could come sometime this week and just in, mega casino owner Steve Winsted theres no single thing in his entire career that could transform las vegas as much as the arrival of professional sports. Tom vacar ktvu fox 2 news. Tom we know that shell nadle son this carson city pushing for the raiders to come putting up his o
Still firmly in the red. We begin with what this 130 billion chemical bid will mean for the markets and the sector as a whole. The ceos of dow chemical and dupont are coming up. Iae expects the blunt to be worse next year. And trouble brewing for shippers this Holiday Season as higher than expected online ordering volumes causing some delays. But first up, dupont and dow chemical agreeing to merge. The combined company will be called dow dupont. It plans a threeway breakup. Well have that interview with liveris and ed breen in just a few moments. Well get your thoughts as details are coming in. An enormous deal that weve talked about for a number of days and seen the marketplace adjust to a certain extent. You may see dupont shares down a bit. Maybe an expectation that Exchange Rate would have been a bit higher. I dont know that was widely held but perhaps thats why dupont is down a bit today. Both stocks up dramatically on wednesday. That was the first trading day if i recall the week