Buybacks. New york stock markets are poised to recover from it was the biggest drop on a first day of trading year for the Dow Jones Industrial average in eight years. Both the dow and the s p 500 were off about 1. 5 . Abcs Rebecca Jarvis has more. Reporter it was bad but it could have been so much worse. Veteran traders here on the them by surprise. It started with a sharp selloff in china, very weak matching manufacturing data there, indicating that the worlds second largest economy is slowing, the fears here that there could be a Ripple Effect on the economy in the United States and around the world. Been tanking since last year even. And now there are big concerns about what that means for the energy space. Jobs here in the United States. While its great news for consumers, its not great news for Energy Companies or the people that they employ. And historically speaking, 70 of the time, what happens in january is what sets the tone for the rest of the year. Theres an old saying her
To the hardware she owns. 86 major awards including an oscar, golden globe, four amas, 13 billboard awards and 10 grammys. She can probably expect a few more grammys for her new album 25. The hello singer selling 900,000 copies on the first day alone, making it the fastest selling album in itunes history. With a net worth of 75 million, were sure she could afford a few copies of her own. And thats adele by the numbers. From the heart of new york city, im sonia isabel. Thanks so much for watching. Well see you next time. Agenda and theyre bringing it forward with arms. We havent had a normal life trying to intimidate us. Reporter meantime dwight and Steven Hammond says they dont support the militias methods and their family insists these gunmen do not speak for them. The federal government is suing volkswagen for environmental violations. Software in millions of vehicles wagon diesel vehicles gave false readings on emissions. Half a mill of those cars in the u. S. And the automaker is g
Our Senior Analyst is here with us with his expert insight on this tuesday, january 5th. Announcer from abc news, this is world news now. Good morning, everybody. Its not monday anymore. Its tuesday. It is tuesday. Im kayna whitworth. Im kendis gibson. Arent you happy to be here on a bachelor post morning . I am so excited about that in particular. Absolutely. Yes. Ben, our Senior Analyst is fired up about it. Jack, is that just because there were twins involved . Its even better than the real thing. No doubt. We cant wait to get his expert analysis. Whats in store for you. Hes been watching it over and over in slow mo. I think he came in just for this. He had other stuff to do. Be tuned in for it. Lets get started though with a familiar face who is back on the stump. Of course, were talking about bill clinton making his first solo appearances on behalf of his wifes president ial campaign. But the former president comes with his own baggage, too. Abcs cecilia vega is covering the campa
Pressure from activist hedge funds for increased stock buy backs. Stock markets are poised to recover from yesterdays selloff. It was the biggest drop on a first day of trading year for the Dow Jones Industrial average in eight years. Both the dow and the s p 500 were off about 1. 5 . Abcs Rebecca Jarvis has more. Reporter it was bad but it could have been so much worse. It started with a sharp selloff in china, very weak matching data indicating the worlds second largest economy is slowing, the fears here there could be a Ripple Effect on the economy in the United States and around the world. Second oil prices have been tanking since last year even, and now there are big concerns about what that means for the energy space. Jobs here in the United States. While its great news for consumers, its not great news for Energy Companies or the people that they employ. And historically speaking, 70 january is what sets the tone for the rest of the year. Theres an old saying here on wall street
Took him more than a year to build. So hes been working on this. I love that it looks like the original. Yeah, it even got some street credit. An autograph from luke skywalker. Thats so cool. Himself. But it was 15 seconds of fantastic fame in that first movie. New colors, old design, right . Yes. Coming up a warning from a mother of a sick little girl about magnets on your refrigerator. Oh, my gosh. Its terrifying. Also ahead, the jumping powerball jacket pot worth 400 million. What would you do with that kind of money. And later nuns selling cannabis. Could their products help their customers find a spiritual experience . Youre watching world news now. Announcer world news now weather, brought to you by ridx septic cleaner. Lous garden party for her birthday. So i mowed the lawn, put up all the decorations. I thought i got everything. Almost everything you know, 1 in 10 houses could get hit by a septic disaster, and a bill of up to 13,000. But for only 7 a month, ridx is scientifical