Action was yesterday. 10 year yields going down the touch after yesterday selloff and yields rising yesterday the most since september. German tenyear yields continuing their assent. The selloff is the biggest since the end of june. Dollar gaining today against currencies stacking up ahead of the open. David lets find out whats happening with first word news. Emma in the u. K. , theresa may is facing questions from lawmakers in the latest eu moves on brexit. These are live pictures from the house of commons. The eu brexit negotiator says the transition will in in 2020 and says there will not be anaa la cart transition. President trump is on the verge of his first major victory in congress. Earlier today, the Senate Approved the biggest overhaul of the nations tax code. The bill must go back to the house for another vote. Budgetdemocrats invoked rules to remove minor provisions. It slashes the corporate rate from 35 to 21 . South korea made delay or with the u. S. Until after the olympi
Accident was on the freeway. Traffic investigators have been going back and forth between the two cars. One of them was a chp car that was destroyed by the impact. We have called them several times. They are not providing details on the officers conditions. Two officers have been injured. The conditions of the driver of the red car is not known. We do not know what led to the accident. We have confirmed that around 11 45 on Christmas Eve, the cars collided near winston avenue. It appears that the driver of the red car crash into the chp vehicle from behind. After that it went across the freeway and across the offramp. We called chp a few minutes ago, they said they would not provide updates on the investigation or those injured until a News Conference, plan this morning at 9 00, takes place. As it gets later in the morning and more cars get on the road, many people will wonder about the freeway closure. We are at 880 s. Near southland mall. Both cars are still here. It will be a while
Patrol is mourning the loss of one of their own. Good evening, i am cristina rendon. Good evening, i am alex savidge. This happened on southbound 88 zero, 880, the officer was working to keep the road safe when his patrol car was hit at high speed. We know that that driver left a Holiday Party before he got behind the wheel and the officer leaves behind a wife and three children. Joining us live from oakland. Here is henry. Reporter the body is now here at the coroners office. He was killed by a motorist who was under the influence of drugs and alcohol. The same type of driver that he and his partner were trying to stop. Today is a tragic loss of one of our own. Reporter they were parked in their patrol vehicle on southbound 880 and they were rear ended by our red cadillac. There was an officer hit southbound 880. Officer down. Reporter the 22yearold driver was under the influence of alcohol and drugs. It is irresponsible and senseless in these acts need to stop. The officer that was i
Meanwhile flames shooting out of an antique market in Fairfax County. The popular shot left in ashes. The neighbors await to hear if the owner will rebuild. Tom roussey is live in alexandria with the story. Tom the Fire Department appears to have finished the investigation for the night. The crews put up a fence around the prompt. To protect the evidence. This is an investigation scene at this point. This is a place that meant a lot to a lot of people. We found that out. Throughout the day folks come by who worked here or have been a customer here for many, many years. It just stuck out. The yellow building stuck out. Folks cant imagine route 1 without the mouth vernon antique center. Its one of the unique things in the community. The building that burned christmas night dates to 1946. It started as a lumberyard. Former owner tells me opened as an antique pal in 1961. Becoming well known enough that elvis and liberace shopped here. After becoming a Furniture Store it reopened as an ant
Antigovernment protests rage in iran this morning is that continues to the present intriguing this report for demonstrations saying in part the great iranian people have been repressed for many years. Time for change. Let change. Let us on the escalating tensions for the country this morning. Investors hoping for a record year in wall street but the markets opening higher after 2017 produced to 25 rally for the dow, s p 500, 25 . Nasdaq up 20 . Features in what we look at in terms of stock market performance. All the major averages in europe right now lower. 5100 down half a percent. Overnight in asia, stocks were higher. Japan closed for a holiday. Majors as you can see trending up. Hang seng in hong kong a few . Holiday travel nightmare. U. S. Customs computers suffered an outage causing long delays in airports across the country. Watch. A huge line. The guy said it would take three hours. We lost our connection. I went to check my bags back here from the First American flight so i c