This hour. What about Mortgage Rates in where do they go from here . Theyve been rising on the fears about the fell pulling back, so where next . My partner, sue, is at the nyse. Hi, sue. Reporter and the markets euphoria not to scale back on qe is farding a bit. The Dow Jones Industrial average off about 31 points. The nasdaq has remained positive, up about 5. 25 point p the s p off 2 points. The threat of a Government Shutdown becoming a possibility less than two weeks from that deadline. Fed chairman pbernanke talked about it during his News Conference yesterday. A Government Shutdown and perhaps even more so a failure to raise the debt limit could have very serious consequences for the Financial Markets and for the economy. And the Federal Reserves policy is to do whatever we can to keep the economy on course. Reporter and House Speaker boehner making some comments today as well. Our chief washington correspondent, john harwood, is here with the very latest on what is turning into
European business. Tire sales dont look like they will pop up anytime soon. Dave sometimes a few big moving stocks can affect the market. These ones were the drag in the dow, not all of the down today, but dupont, boeing, travelers and chevron all pulling down the dow bigtime this week. If it wasnt for them we would have pretty much a better market but these are the big dow losers. Liz what about inflation . The fed set aside from a little inflation uptick for gasoline prices they didnt see it long term many times in but we have a money manager who says dont wait for anybody to call it. Make sure your portfolio is protected. Michael wall, three ways to play information. Dave some say this form will be the worst in a hundred years, who knows, but theres a serious question. Will Hurricane Sandy become the perfect storm . Another storm moving from the west, coming from the north as well. We have details on the megastorms hat and potential billion dollar impact. Liz a mixed day on wall str
And progress on this issue would also help to secure another of this nations priorities. To reduce irans malign influence in the middle east. This is a priority for the u. K. , too. We support our allies in the gulf states to push back against irans aggressive efforts, to build an arc of influence from tehran through to the mediterranean. The nuclear deal with iran was controversial. But it has neutralized the possibility of the iranians providing Nuclear Weapons for more than a decade. It has seen iran remove 13,000 centrifuges together with associated infrastructure and eliminate its stock of 20 enriched uranium. That was vitally important for regional security. But the agreement must now be carefully and rigorously fleeced and any breaches should be dealt with firmly and immediately. To deal with the threats of the modern world, we need to rebuild confidence in the institutions upon which we all rely. In part, that means multinational institutions because we know that so many of the
Around the world. Im wolf blitzer. Youre in the the situation room. Tonight President Trump and the white house are basking in the mostly positive reviews of the president s speech to congress. Trump met with key people in congress. In an effort to keep the spotlight on what people say was President Trumps best speech, the white house delays the executive order on travel ban, and as top executives to remove iraq from the ban. Cnn is learning there is discussion of the way Counterterrorism Missions are approved. President trump praised the operation if yemen that lefd the u. S. Navy s. E. A. L. Saying it yielded valuable information. The fbi reimbursed some of the expenses behind the dossier containing ties between President Trump and russia. Were covering that and much more this hour, with our guest including senator langua ford. Jeff zeleny, the white house is trying to pivot on the heels of the president s speech. Theyre trying to get republicans in line and behind his agenda on heal
We will be talking with house ways and means chairman texas republican kevin grady in a moment as well as the one who run c. D. Ameritrade. The guy breaking the news on what is changing, Fox Business Networks charlie gasparino. Heres what were hearing the white house and congress that the gop is planning for a pivot to taxes by getting healthcare out of the way pretty quick disposing of it. Here is the plan that mcconnell has on the table to somehow push as weve been talking about a repeal of obamacare and not a replacement. By doing, at the earliest tomorrow, pushing for a motion to proceed. That gets the ball rolling to repeal obamacare. Not replace it. But once that gets done, whether it gets repealed or doesnt get repealed, the movement is quickly to tax cuts which they feel both in the white house and congress theres much more unanimity, much more agreement. Theres an easier lift although will be a lot of horse trading over what exemption stay in and stay out, state and local Tax