The headlines you can find out more details on all the stories by heading to a website. And stay with us for the big picture next here on all to international. On this weeks show dateline north pole again this year tech will be under the tree what to expect and will batteries be included but 1st is big tech. And should big brother crack down on amazon Facebook Google and you tube or should all call sam just bought out holland cook in washington this is the big picture on our to america. Why do we love the Internet Things are free there want to know anything google it google is now a verb want to tell the world do what the president does tweet it no charge want to tell your story with pictures or video facebook and you can broadcast live video free. Or is it the buzzword thats emerged is surveillance capitalism controversy about how social media is being used to influence the political narrative president ial candidates and others concerned about privacy are calling for regulators to re
Talking about raising rates. In the end the dow hit the skids falling 89 points, the nasdaq 35 and the s p 12. Gold edged down 13 dollars and oil bounced 94 cents. Bloomberg news reports. Walmart is considering supporting a minimum wage hike. The retailer had no comment. Facebook is buying whatsapp for 16 billion dollars. Whats app allows for free texting on most smartphones. Facebook shares fell 4 in heavy trading last night on the news. After hitting a new high wednesday of 69 dollars. Trader Mark Sebastian of swan Wealth Advisors joins us now. I want to talk about that turn for the worse that happened in the stock market yesterday on comments from the fed. Will we see follow through today mark . I think so. We saw a huge move in the vix along with the s p 500 selloff. When the vix makes a big move relative to the s p it almost always points toward some continued weakness. I would be steering clear of the broad market indexes right now. Id be waiting until we hit that 100 Day Moving