Maria rally name tax overhaul closing that yet another record high yesterday. That is the 64th record this year. Feature showing a mixed opening this morning. Dow industrials up 25 points but the s p and nasdaq are lower. Much of the rally yesterday have been really the first. We have been up 200 points this session. Close up, but not as much big markets are lower. Flat on the session, the cac down two thirds of a percent as of the dx in germany. Markets are mostly lower the exception of korea up a third of a percent. Hong kong, hang seng up to 1 . The Supreme Court President Trump justices will love the white house to fully enforce the ban on the travel to the United States the United States for six mostly muslim countries now. We break that down coming out. California residents on alert this morning. Details of a Massive Wildfire north of los angeles explodes overnight. All the details. Terrifying moments, Pittsburgh Steelers linebacker taken to the hospital following a scary collisi
Closely. Features indicating the markets a lower open this morning. The dow industrials down a quarter of a percent. 56 points lower. 34 points lower. Technology continued to roll over. Ft 100 tiny fraction. Cacm two thirds of a percent. In asia overnight, sharply lower across the board and major averages are down 2 in japan, better than 2 in hong kong. 1. 5 lower in korea. Devastation in california. Thousands of people to evacuate as the Massive Wildfire grows out of control. It is a huge hit. Ive been an honor for 40 years here is and its crazy what is going on. At this point in time, it makes things very much difficult because we are chasing the fire. We are trying to get out ahead of it, trying to get it right to provide structure defense. Trade to the tragedy taking a toll on hollywood. Several talk shows including hbo westworld forces suspends. The latest as firefighters struggled to battle the blaze. Google taking aim at amazon comment youtube from several retailers devices incl
Over a tweet deemed anti muslim the reprimands comes as germany begins and forcing tougher laws concerning hate speech on social media. Plus saudi arabia embarks on a pivotal year as it introduces reforms among them lifting a ban on women driving we will hear from saudi women about the change of the call for deeper reforms. Im sorry kelly it is great to have you with us clashes overnight in iran have left at least nine people dead the antigovernment protests have been raging for nearly a week in tehran and around the country in total several hundred people have been arrested and things twenty have been killed according to state media irans Supreme Leader ayatollah ali khamenei. He appeared to condemn the unrest in a post on his official website in which he accused irans enemies of meddling in the country. And lets talk a little bit more about that crackdown we are joined by a. F. P. Correspondent Eric Randolph who is joining us with the latest from tehran and eric as weve heard Iranian
To what we were seeing november and part of december as we saw some rotation. On a relative basis the dow having a much smaller gain than the nasdaq. Leadership in largecap technology. Its a bit broader. We see Consumer Discretionary also helping lead gains. I want to talk about the weather affect. Take a look at whats going on with some of the commodities. Gas rising to its highest in about a month. A 14 surge. Its quite chilly in the northeast. Temperatures hover well below normal. Coffee is also seeing a boost. Things that are hot. Some crop issues in columbia. Slowing brazilian exports also helping and cocoa also seeing a boost. Shirts are hitting a record in london. The u. S. Actually burned the most natural gas ever on record on monday. Natural gas consumption surpassing even the socalled polar vortex. 143 billion cubic feet was mondays usage in the United States and this is having a Ripple Effect within stocks so out Gas Producers are outperforming. Retail generally is seeing a
Xpectations. Still, a majority of the committee were clearly in favor of the rate hike that the fed went ahead within december, and the majority of the committee are still expressing some confidence that inflation in the mediumterm is going to move back to 2 . But there is a sense that confidence in that is slipping a bit. That matches up with the feds forecast, the dots that we saw last month. The median for rate hike projections asked year is three, but their worst next year is three, but there were Six Committee members below that meeting. Ledave a more hawkish group by people like Loretta Mester in cleveland, and they are more concerned about a severe undershoot of unemployment in 2018, possibly leading to a bump in inflation. And here is another interesting quote i found in the minutes. Participants discussed several couldthat, if realized, result in a steeper path of increases in the target rate. They mentioned those risks include the economy expanding well beyond its maximum sus