Despite okay earnings and positive reports on the economy. The Dow Jones Industrial average dropped 112 points to 23,329. The nasdaq was off 34. And the s p 500 fell 12. Bob pisani has more on what drove todays decl reporter a momentum selloff on wall street today. U. S. Stocks suffered their worst trading day in two months. The market is very concerned about a sudden spike in Interest Rates and it has a couple of reasons to be concerned. First, durable goods was much more than expected, a good thing for the economy but it raised questions about inflation. John taylor may be the frontrunner for the fed chair, spooking investors since taylor is known to want to raise rates faster than the fed is doing so far. That caused some investors to take money off the table, particularly in stocks that had strong gains this year like semiconductors. Even stocks like boeing sold off after monster profits, up 60 . Then uncertainty on tax reform. The market has priced in good news but its not clear i
They made connect and shortly thereafter the struggle ensued and at this time one of the two suspects exits the vehicle and proceeded to fire several rounds striking the trooper. He pushed off and ran. Pushed him and ran. I didnt understand it because i thought he was trying to push him to get away and he pushed him and started shooting. And there were several people here at the wawa parking lot that rendered aid to the downed state trooper but unsuccessfully he was pronounced dead. I am told he is a trooper at troop 2 and relatively new to the troop. But one suspect remains hold up at the neighborhood in brick mills. And he continues to fire on police. Im live in bear, delaware, chad pradelli, channel 6 action news. All right thank you. The neighborhood where the suspect is hiding out as chad mentioned is 15 miles away from the location where the state trooper was shot. Police believe that the gunman jumped into a car and drove to polanski highway to Saint Michaels drive. Annie mccorm
That, its a tongue twister. Took a while to get the bay bridge toll plaza to fill in, and lights on later than average at about 5 29 this morning. No blocking issues and drive times are friday light for the most part. 80, highway 4 to the maze, 19 minutes. And in the green at just ten minutes, San Francisco to sfo. We will talk about ace coming up next. And then the owners of a school are trying to figure out what is next after somebody ransacked it. In the meantime police are trying to figure out who did this. This. Abc7 news matt keller is live reporter look at this, a broken window in the front of the school. Somebody has been staying here all night. I just talked with the janitor, and he said that they are waiting to find out if the school is going to be open today. They are waiting for the owners to arrive on campus, and they were cleaning up all day yesterday and a big mess inside and outside, and he stayed here, the janitor stayed here all night to make sure the vandalism doesnt
She is Senior Health correspondence and she tweets. Thank you for having me. The stock wrote the first Republican Senate bill and the new version, where the big differences . One is the amendment by senator ted cruz, republicans in texas talking about allowing insurers to sell plans that are not necessarily as comprehensive as the coverage under the Affordable Care act. If you have 18 can require benefits and things like maternity healthcare they can offer plans that are not us, prehensile. Theres a lot of concern about that in a particular people who are healthier will go to the less generous plants and people who are sicker will go to the comprehensive plans and drive prices up. Theres more money, about 70 billion more in the bill to help insurers deal with some of the higher cost cases. Thats a big issue with the Affordable Care act. E e are coditional money for that, a lot of senators wanted that to help drive down costs. That is one of the changes. The major medicaid changes remai
She is Senior Health correspondence and she tweets. Thank you for having me. The stock wrote the first Republican Senate bill and the new version, where the big differences . One is the amendment by senator ted cruz, republicans in texas talking about allowing insurers to sell plans that are not necessarily as comprehensive as the coverage under the Affordable Care act. If you have 18 can require benefits and things like maternity healthcare they can offer plans that are not us, prehensile. Theres a lot of concern about that in a particular people who are healthier will go to the less generous plants and people who are sicker will go to the comprehensive plans and drive prices up. Theres more money, about 70 billion more in the bill to help insurers deal with some of the higher cost cases. Thats a big issue with the Affordable Care act. E e are coditional money for that, a lot of senators wanted that to help drive down costs. That is one of the changes. The major medicaid changes remai