Us, im ama daetz. And im dan ashley this, after airport workers were caught bringing drugs onto the planes. Vic lee is live with the story. Vic . Reporter the airport says there are seven new security measures and they wont go into detail on each one, but a spokesperson for the airport did talk to us about the mostimportant one. A Congress Person tells us that its not enough. There are new signs posted on doors in the terminals leading to secured areas of the airport, not here when abc7 news shot the story in july. The signs say there are new restrictions on what airport workers with carry on. Theyre limited to two small items like a purse, a computer bag. Reporter also airport officials tell us they have increased random screenings of workers and background checks they say, are more thorough. This as a result of the breeches here. Three in four months. Keith mayfield, seen here leaving court, were arrested in may and charged with smuggling drugs. Two other cases were discovered involv
Volatility is up 10 alone. The tenyear is sitting at 2. 036 . Were seeing if it gets to that key 2 or even below. Thats a very key level. As for wti, crude is down by 3 , currently hitting shy of 40 even. Gold is a winner. A little bit of a safe haven, currently sitting at 1159. Well bring you more on the gains weve been seeing recently in gold and the dollar is lower today. That is also helping gold. Who would have thunk that the tenyear note would have been right there at 2 and crude might dip into the 30s this summer . Im tyler math sin. Mandy drury here as well. Lets get right to the nyse and bob pisani. We had a very modest attempt at a rally mid morning and its basically failed. Were sitting at the lows pour the day. The s p 500, a bit of aa surprise at the open. We got down about ten points. Suddenly we were much weaker. Heavy selling at the open. Many people thought this was probably european sellers that were unhappy with what was going on over there as well. We attempt add br
And chinas economy bottomed out. Brent and wti climb back gains after settling at the lowest level in 2009. It was a rough session overnight. Housing a big part of the story. Were just hearing from one of the luxury Home Builders reporting q3 earnings of 36 cents. Thats well below the analyst expectations of 49 cents. Revenue was to come in around 1. 03 billion and revenue coming in line with expectations. We should point out the stock closing lower yesterday following the Broader Market sell off losing about 4. 7 but year to date up about 5. 7 . Responding to the housing data over the past couple of months but back to the market sell off. The dow seeing a 4,000 point move in one session. We just captured the highs, lows and where the dow closed. At one point in the beginning of trade we saw the dow down by around 1,000 points. Some traders sending me pictures just showing traders clued so their screens and cnbc saying what kind of ride are we in for . We saw the dow coming off the low
,ere talking about the unity the risk is they will alienate some republicans. To what extent does he make an to print try and bring democrats in case they need them at some point in the future . I think what you will hear from the president is him say that democrats should get on board. Those are just words. When you look at what is coming out of democrats, you heard this on Bloomberg Television earlier today, there is not much you can see from them in order to get on board in terms of policy. Or two,ght be a line but altogether, this is smart. How they have come together for the new tax framework. Onent trump on stage stage in indianapolis with his tax. Lets listen. [applause] pres. Trump thank you very much. You just want massive tax cuts. That is the only reason that you are going so wild. It is wonderful to be back in the great weight of indiana. What a place. [applause] pres. Trump i want to thank senator todd young, senator joe donnelly, representative jackie larson, representati
Dovish fed, the spread continues to steepen. That is more on tax reform, 78 basis points is the difference. The pound just turning positive. A macronmerkelmay lovefest over the past few days. I do want to bring in breaking news over the last half hour from ge, a huge mess on earnings at . 29 a share versus estimates that . 50 a share, and it cut its fullyear forecast. The oil and gas environment remains challenging for its spinoff of the baker hughes ge business. What was the huge mess on earnings and revenue came in stronger miss on earnings one revenue came in stronger . Typically on an earnings day it moves just about 2. 8 . What doesions about it do to flannery, the ceo . David it is typical for a new ceo to clean things out, but this is really a big one. Jonathan it says a lot what was going on and maybe for John Flannery, he has the appropriate whipping boy to drive things forward. It gets a decent position because these are just numbers and got his. David he has got to come up w