Tyler, we begin with the selloff on the street. A triple digit drop for the dow with the major averages down more than 1 . This is actually we havent seen since late september for the dow and the s p. Weve been sort of a little bit complacent recently after all the volatility of late august and september. The nasdaq is down by just over 1 along with the dow and the s p. Lets get more with bob pisani at the nyse because you have fears, bob, about retailers reporting this week as well as, of course, the rate sensitive stocks in the firing line as well, right . Thats right. A number of different issues here. Six stocks declining for every one advancing. Look whats popped up again, the vix. We havent seen this move double digits since the end of september. Its 16 and change. I dont get concerned until its over 20, but this is a move we havent seen in the last five or six weeks. Why the drop . Mandy is right, a couple reasons here. There is continuing concerns about the reverberations on hi
Up more than. 5 . Relatively Small Economic data this morning. Consumer prices, having the best backtoback monthly gain since the spring. Month in three, although overall, Industrial Production did pull back. All those are pulling stocks. The move,ctors on Consumer Discretionary highs today. Health care, telecom, financials, the biggest rates and utilities. The dollar strengthens today and that is one of the reasons. Bout s trading at a about a six year low. Oil,was looking at the there were only three sessions for the month of november that oil has risen. It pretty abysmal month so far. Analysts are pointing out the snapback can be really fierce. On the upside, retailers like walmart. Change. Y a coming out the highs of the sessions, up 5 after profit beat estimates. The company under the ceo are turning things around particularly in the United States. It held up relatively well versus things like apparel or home depot out with earnings and analysts out with estimates. Were seeing evi
Police have not given as a motive but we are sort of getting a better idea when this all happening according to police that julies were last seen or heard from monday evening and multiple sources tell thirty news now that on monday cameron called the Virginia Beach dive shop where his dad works a retired Police Officer cameron told them that todd would be able to make it into work the next day because his mom had a heart attack after the family essentially fell off the radar Someone Called Police and asked for officers to do a welfare check on that family that was wednesday Afternoon Police found camerons younger brother landon shot to death in the family home on wildwood road that led police to the home cameron shared with his grandma doris a couple blocks away and after a standoff lasting into Early Morning thursday officers found cameron his dad his sister his mom and his grandma all shot to death rocked this community and today we saw many leave tributes for the fam the very most i
Lightning strikes we saw a few isolated thunderstorms from napa county. Be alive look outside his try for now all this activity got pushed into the mountains and has worked its way east bring rain to this year and nevada. Definitely interesting yesterday in the habit pictures like to share senseless and email. We do have low high clouds making for a very gorgeous sunset to sunrise 60 is ahead of the afternoon were looking for the site conditions however temperatures will be on the coarse side. The into tomorrow and then pass that we look for a one trend. The shift in wind direction will actually create concern for fire danger. Look at the the planner heading up the temperatures in the upper 50s by lunchtime with the spectral more Sunshine Center will average again extended forecast thriftiness. but to news this morning we will talk about that weather very bizarre wild weather in the north bay it was a crazy fastmoving storm that was literally. It had restored about mutt development ima
U. S. Equities and we are at this point at this moment the dows down about 3. 3 from its most recent peak. The nasdaq the russell, the s p all down a like amount right now. Lots of key levels to watch today. The fact below 50 in wti crude, some of whats happening in the rate space and waiting to talk about that but again were starting off the year in a trading session that people love to extrapolate for moves from here on a weak note. It goes without saying this final hour will be very instructive. Do they start to buy on the dips . They havent yet. Or do we get even more selling come into the picture in this final hour . As mentioned, as we get into this final hour underway here the dow off 340. Nasdaq off 1. 7 . The s p off almost 2 and biggest decliners in the dow are energy names and also the financials. Theyre also a Big Industrial name like caterpillar and a lot of other companies with international exposure. Last we checked two components of the dow are positive. Merck and cocac