Percent right now. Almost 30 points higher in the premarket. In europe stocks were mixed. You see the ft 100 other fraction as the dax index is down. Gains across the board to report on the heels of the record around wall street yesterday. Hong kong, hang seng index and three quarters of 1 . The Health Care Debate rages on. Lawmakers rejected a claim repeal of obamacare yesterday. Details of the smaller version of the bill begins to pick up steam. Tragedy in ohio to report. One person was killed, several others injured after an attraction at the state fair malfunction. Governor john k. Sake ordered alright shut down following the incident. It is a very, very tense situation when you go somewhere to celebrate and you are with friends and sometimes with family. The fare is about the best things in life and tonight but this accident, it becomes a terrible, terrible tragedy. Trade to three people remained in Critical Condition this morning. A dire warning of her travel to mexico. At least
Welcome. The dows record run is over. The blue chip index fell today on rising tensions with north korea. There were reports today that u. S. Intelligence analysts assess that north korea has produced a miniaturized nuclear warhead. Though it is not believed the capability has been tested, but in response, the president said north korea better not make any more threats against the united. They will be met with fire and fury like the world has never seen. He has been very threatening beyond a normal state and as i said, they will be met with fire, fury and frankly, power th the likes of which this world has never seen before. And that sent the sock market lower today. The dow snapping its string of record closes falling to 22,085. John harwood is following the story from washington. What prompted the president to issue his Statement Today . Tyler, after the United Statesed nations voted sanctions unanimously over the weekend including support from china and russia, this was a victory fo
Good morning, everyone. Welcome to news4 midday. Today is Martin Luther king jr. Day and people across the area taking the time to remember the civil rights icon and honor his legacy. We learned that Vice President elect mike pence just arrived at the memorial. A wreath laying ceremony wrapped up a few minutes ago at the memorial. Thats where we find justin finch. Good morning. Reporter good morning. Of course a surprise visit here from vpelect mike pence right by the wreath laid a short time ago. Perhaps you can see him. Hes just behind us. A lots of surprise in the crowd out here today hes taking in the memorial as we speak here and wreath laid just moments ago. Of course the legacy of dr. King on hearts and minds of many here today at this site. Many lean on his example as they mark this moment. That wreath in his honor. Well take you now to video of that ceremony led by a line of young people. The King Memorial Foundation laid a wreath for a sixth year and featured on todays progra
Good morning, a very warm welcome to Worldwide Exchange on cnbc. Im will fred frost along with Courtney Reagan whos in for sara. Lets get straight to the Global Action for record highs. All three of the major indices plus the russell as well. We had about 0. 4 of gains for the s p. The nasdaq a little behind that. The dow a little ahead of that. And a record in today share price not market cap high for apple, but the rally was really clearly led by financials. We had the bank of america up around 3 . The broader financials index up 1. 25. The spark was janet yellen being a little more hawkish than expected and that pushed yields higher which benefitted banks. Futures expected to open higher once again to new records. The dow higher by shy of 50 points. The tenyear treasury note, as i said, that move in yields that fed chair janet yellen sparked did help the bank stocks in particular. We crossed 2. 5 as march seemed to be back on the table with some of the comments, albeit investors rea
First to our lead. Potential investors are scrutinizing snap financials. According to the filing, the maker of snapchat is offering 200 million shares. That is for 14 to 16 each. At the top end of the range, snap would have a market value of 18. 5 billion. That means the snap cofounders could each take him a check for as much as 256 million. We spoke with David Kirkpatrick and editor at large cory johnson for more. Cory what becomes of this, i dont know. It is a high valuation. On the positive side, they have big Growth Numbers on a yearoveryear basis. We all know these story of who they are reaching and how valuable they are to advertisers. But this is an extraordinarily high price for any company of any kind with any kind of growth metrics, but for one with negative gross margins, with growth that is slowing so much, where there are Big Questions raised, this roadshow will be an interesting one because theres excitement around the deal but , there are some strange things in the filin