On market movers. Here is what is new at this hour. Firing back at his critics. Mark zuckerberg sitting down with foxs own dana perino sounding off on calls to break up big tech and whether or not billionaires should keep their own money. Were going to bring you the Facebook Ceos response on that one. Plus, a defense of the wealthy, coming from a very unlikely place. Why alec baldwin, social warrior, alec ball win, super left, alec baldwin finding himself on the same side of capitalists. Holding companies responsible for the worst drug crisis in u. S. History, a landmark opioid trial could be averted if a meeting today ends in enormous sell meant. That is going on right now. Connell that is a big story. Fox Business Team coverage of all top stories. Gerri willis on floor of new york stock exchange. Blake burman at the white house. Deirdre bolton in the newsroom with latest on possible opioid settlement. On friday, in the markets gerri, we start with you. Reporter what a day today. The
Think that ill look at just like our call centers. The difference this time being it happened to those who are participating very seamlessly. Those who arent already in the market i would tend to agree with you that maybe it gives them a reason for pause. But i think that those who are already in the market see it as the benefit of technology and a seamless experience. I totally agree. I can just see the headlines in the conventional press. But make it very clear. This is not a flash crash of 2010. By no stretch of the imagination is that what this is, at all coming up on 1 00 eastern time. The halt continues here at the nyse. Has been in place since 11 32 a. M. This morning. Getting close to some other events as well as we get into the afternoon. Fed minutes are about an hour away. Art cashin says the question the longer this lasts, at what point do the mutual funds have to price their Net Asset Value at the end of the day. Cashin says the percentage of orders in limbo is growing. We
Reporter coming up well hear more about what was going on behind the sheriffs back and why the deputies were doing it. Thats the story were working on for 6 00. Reporting from the hall of justice, Mark Matthews nbc bay area news. Thanks mark. The San Francisco Police Officers association issued a strong statement about Kate Steinles murder today, saying quote, bottom line as a young innocent woman has been murdered in cold blood in front of her father, by a fivetime deported illegal alien drug dealer and he was where he belonged mexico this innocent victim would still be alive. Senator Dianne Feinstein also weighing in urged the city to take part in the priority enforcement program. Its Immigration Enforcement focused on convicted criminals. She said i strongly believe an undocumented individual convicted of multiple felonies and with a detainer request from i. C. E. Should not have been released. We should focus on deporting convicted criminals, not setting them loose on our streets.
With the Alameda County jail seeking to have the jail notify i. C. E. Pride to mr. Pedrazas re prior to mr. Pedrazas release so the agency can take him into custody. He will be arraigned at 2 p. M. Kiet do, kpix 5. Some major changes to immigration policy sparked in part by a highprofile bay area murder case. Attorney general Loretta Lynch announced yesterday that in sanctuary cities like San Francisco, i. C. E. Will now detain Illegal Immigrants with pending cases. An illegal immigrant is accused of killing kate steinle on pier last summer. He was deported five times of and let go by the sheriffs department. The new sheriff said last month she wanted to see the citys sanctuary policy revised. I still have not decided what that would be. And my changes have to do with limited notification. Very limited. And im not sure how thats going to work out yet. Attorney lynchs testimony also included stopping the flow of federal granted money that would normally support Community Policing effort
The crisis in the middle east. Usually oil spikeses when that happens. Not today. Thats a great point. Options pit. Com founder Mark Sebastian in the, in the pits of. Ashley webster on floor of the New York Stock Exchange with the selloff. Ashley, what happened . Interesting, melissa, just to davids point. Tells you what kind of day it was when the dow finishes down 270 points. Hey, nice comeback. We were down 400 points several times throughout the session. We knew it was coming. We saw a big selloff in china. Weak Economic Data out of china. That spread to europe. We knew at opening bell today we would kick off the new year on adown note. We were off 300 points literally five minutes into the trading session. Weve been down there throughout the day. At last i would say five to ten minutes we saw some people perhaps jumping back in to to up bargainsselling was broad based across the board. Financials and tech stocks particularly hurting. I want to mention oil, something david mentione