About five points. Looking here it is actually interesting to see where we are. The dow going negative earlier. China suggesting it could add more stimulus and metal stocks, but Energy Stocks are following as oil is falling. Lets take a look at the s p year to date. We are looking for a loss for the year right now at least. We are down by about two and one third percent with eight trading days left. The index has finished higher in the past three years but we are at least for now on track to break that. Alix we typically see what people call a santa claus rally into the end of the year. At looks like right now we are not on track for that. Your denny research coming out with that us saying that a yearend rally for the s p is actually in doubt. We do have eight trading days left this year and the s p has only done that in the last eight days of the year just five times since the year 1928. In that time, the last eight days of the s p were positive, and it was negative 72 times, 83 . Let
Court today. Accused of killing three people, including a police officer. Those are your first word stories. More at bloomberg. Com. I am emily chang. This is bloomberg west. Coming up, cyber monday sales surge. Targeting Neiman Marcus and even paypal. Plus, amazon reveals a new drone prototype for its planned 30minute Delivery Service and here is the man behind 30 billion startups. First, what is shaping up to be a recordbreaking day for Online Shopping. Sales this cyber monday expected event hit 3 billion, capping weekend,sive Holiday Consumer spending 8 billion online. This morning, targets website was overwhelmed by demand and shoppers were greeted with this message, apologizing for delays. At the impacting paypal. Neiman marcus, its website crashed twice and was down almost all friday. Joining us now, shannon pettypiece, our correspondent. Ontributor i was one of the shoppers who tried to buy something from Neiman Marcus on friday. I did not go back. Break it down for us. What wen
This is typically an interesting trading week. You get some moves. The european markets were in the red last time i looked. London not open. Boxing day, right . Yes. Boxing day. Whatever that is. Thats where you give the staff money. Its called a christmas box. Thank you, that helped me. And the tenyear note yield. Crude oil which has been such a key to the markets is down thats the biggest move down in a few weeks. We rallied strongly. Rallied strong last week in wti and in brent. Brent fall beg low ing below wt. Amazon said it added 3 million prime members in just the week before christmas. Amazon had a great week what about the other brickandmortar stores . Where are all those return gift items going this year . Potentially important story moving forward, valeant ceo is taking medical leave. The stock is down 6 on that news. Well have the latest. Futures moving lower as we head into the final trading week of the year. Crude oil down 3 following last weeks rally. Overnight in china,
November 25th. Announcer from abc news, this is world news now. Well, good morning on this wednesday. Im reena ninan. And im kendis gibson. Were still having that dancing with the stars hangover. It was a great night. Of course were going to get into all of that excitement shortly. But we do have to get to the breaking news of the day, and its coming out of chicago where protesters rallying into the night after the release of dash cam video showing the Fatal Police Shooting of a black teen. The demonstrators blocked traffic and chanted 16 shots, the number of times 17yearold Laquan Mcdonald was struck as a white Police Officer opened fire. Abcs alex perez is in chicago where that officer has been charged with firstdegree murder. Reporter this newly released dash cam video shows the chilling moments chicago Police Officer Jason Van Dyke unloads his gun on 17yearold Laquan Mcdonald. We will freeze the video here. It is graphic. It is violent. It is chilling. Reporter van dyke from cop to
Spspked by another racially charged police shooting. Angry protesters spilled into the streets of chicago last night blocking traffic, clashing with police over the death of a black teenager at the hands of a white officer. Take a look. This is the dramatic dash cam video that was released hours after that officer was charged with first degree murder. You can see 17yearold Laquan Mcdonald walking away as the officer opens fire. Mcdonald was shot 16 times, all of that in a matter of secon. We get the latest from abcs stepnie ramos right now. Reporter the windy city on edge as hundreds of protesters walk the streets of chicago overnight. Protests after the city released this dash cam videde which Officials Say shows 17yearold Laquan Mcdonald walking away from officers befe shot 16 times by Police Officer Jason Van Dyke. It is graphic. It is violent. It is chilling to watch a 17yearold young man die in disturbing. Reporter the video tearing at the hearts of chicagoans after a yearlong inv