The senate currently is in 30hour debate period before voting on Supreme Court nominee neil gorsuch. Melissa back to the markets, the dow pulling back in the final hours of trading. Lori rothman is on the floor of the new york stock exchange. Lori, what is behind the downturn . Reporter politics, melissa, summing it up. Markets broke 2 30 p. M. Eastern that steps are underway to remove Bashar Alassad in syria, in response to the chemical attack earlier this week. That changed sentiment. We saw a pretty significant reversal. The dow gave up 200 points. Today it was about 85 points. The dow managed to hold on to 15 of those points. Some of the gainers were the banks also. Politics, the chief Economic Advisor gary cohn says that he does back the separation of the big wall street banks and commercial banking from investment banking, socalled glasssteagall which was originally repeal in 1999. He is in favor of doing that but no real Firm Commitments to it, so banks did hold on to the gains
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After two years of receiving federal subsidies, 220,000 child care programs across the country lost funding. The funding that expired in October stabilized the industry during the pandemic but now millions of children and families lack support they need.