Road map begins with the global stock rally, tech futures pointing to a higher open ahead of the holiday. Ceo meg whitman saying she will step down early next year shes going to join us in a live exclusive and perhaps final interview in a few minutes. And President Trump weighin in on the at t time warner merger saying the deal is not good for the country. Stocks looking to continue their upward momentum, technology was tuesdays Top Performing sector along with apple. The first time thats happened since july of 2015 q guys i think its 25 times weve had the dow and s p and nasdaq 28 times set records on the same day surpassing the record we got back in 1995. Which just sort of shows you that the dips have been so shallow, that any time you get the three indexes rising this year, chances are they are going to be in new record territory. It was are the everything rally yesterday. After last weeks little backup in the indexes and high yield didnt open up any cracks, people felt lets try fo
It will have erased the gains of the year. Courtney reagan has more on whats exactly happening. One trader i talked to said there is no one sudden catalyst. Just a lot of things were seeing thats making this a be generally riskoff trade. If weve broken through sew key Technical Levels. Specifically on the s p 500. The next level we are looking for is 2,067. Well see if we break through or hold above it. Consumer discretionary, health care, telecom are the biggest drags. Energy is actually higher and crude oil which continues to fall. Despite all the retail news and movers in the Consumer Discretionary names weve been uk talking about it all today, 7 of the 15 performing stocks in the s p 500 are media stocks. It is kind of due to this reinvigorateing talk about cord cutting. If you look at the s p media industry, a subsector group here, having its week since october of 2008 when it lost almost 22 . You can see by that chart was level, then the steep falloff. One consumer discretion yae
Be. Our first floor is flooded. Its crazy. Its been 40 years since the water has been this high. Reporter the number of rescues numbers in the thousands. The coast guard is been bringing up residence in buckets, people who could no longer risk staying in their homes. The rescue effort by boat is massive as summer volunteers who wanted to use their boats. Several people needed to be rescued. I dont know where to go. Water rushed into a nursing home but everyone was brought to safety. Houston residence are used to rain and hurricanes but nothing like this. We spoke by phone with lindsay hendry from fox 26 who spent much of the day driving. Earlier, i saw somebody pushing a shopping cart with the baby in it. They are obviously looking for Higher Ground and going through water. I see other sites as well. It included pets scared and wet. I heard there could be more water coming. In galveston, 50 miles from houston, so many people had to evacuate it needed a temporary shelter at the airport.
Reservoir about 20 miles west of the downtown area. Southwest of houston officials alerted residents just before eight warning them to get out because one of the levees was breached near a neighborhood. Evacuations and rescues are underway in that area. The president and first lady met with texas Emergency Responders and the states governor this morning to talk about the continuing rescue and relief effort and the work ahead for local and federal officials. We want to be looked at in five years, ten years from now is this is the way to do it. Not turning turning anyone away but we need to expand our capacity. In that railroaded we have made the official request to fema. We need additional help and so we have asked them to provide supplies and cots, food, for another 10,000 people. Reporter that was the houston mayor talking about the need for more space. There is 30,000 people in shelters in the houston area. The city of dallas already opened the doors to its Convention Center and we a
And amazon completing a takeover of whole foods. New details how the internet giant plans to revolutionize the entire grocery business. We begin with a look at todays eye opener, your world in 90 seconds. Rainfall predictions are as astronomical. Get e to higher ground. This is a serious situation. It engulfs the entire coastline. Hurricane harvey roars towards the texas gulf coast. Powerful winds expected to bring widespread flooding. Millions are preparing for a potential devastation. Officials warning folks this morning that time is running out to get out. Hes dead serious about building a wall. The white house will not rule out a Government Shutdown if Congress Wont bay v pay for the border wall. Over and over again, mexicos going to pay for the wall. Once again the president is committed to making sure this happens and were going to push forward. The weapon used in cuba now believed to attack more men e mrn diplomats. At least 16 employees experienced some kind of symptom. Wait a