What is going on with this market, you have seen selling since the election basically. We are down six of the last eight weeks. Majority of the dow opponents have come under pressure. The vix, the fear index, to the upside. I cannot tell you how many people were asking me about todays jobs numbers. Obviously, we have had Hurricane Sandy to contend with. We have our bed numbers then and they were also disappointing. We are still remaining under pressure. Lori the fiscal cliff front and center this week. Rich edson is in washington with the latest. Rich since the election, they have been staking out their opening fiscal cliff positions. For the president and democrats, increase taxes on those earning more than 250,000 a year. Opposing republicans who want no increases. It is politically unsustainable and the policy makes no sense for them to say that nobody in the country gets extended tax relief unless higher income individuals get a bonus tax break. An opening bid of 1. 6 trillion in n
Good morning, america. We have breaking news just as we come on the air. Sirens wailing across southern israel and tel aviv right now. Palestinian rockets targeting tel aviv just exploded. Were right on the edge of war in the middle east right now. Theres no injuries reported from this latest shell explosion. But this is a serious escalation. We have our eye on all of the developments there. And we also have the latest on the millionaire software titan on the run. Police could be closing in on him right now. And abc news has learned, he may never have left his house. We have the exclusive photo showing the bunker where he may have been hiding out. And get ready to meet the heaviest triplets in the world. Little sidney, elliott, and jensen. All the details on the big delivery and how mom got ready for their birth. It was a big one. Such a nice story. We have a lot to get to. We want to get to the deadly and horrifying crash in texas. Federal officials are heading to texas to join invest
Good evening. As we come on the air, the entire globe is focused on this question. Are we on the brink of a new war in the middle east . All day long, we have seen rockets firing back and forth, taking a very real human toll. Look at this picture, from the gaza strip in the middle east. A father weeping, his 11monthold son dead in his arms. At the same time, the terrifying sound of an air raid siren. Listen. And there is panic and fear in the streets of israel tonight. Were going to talk to abcs Global Affairs correspondent christiane amanpouamanpour. But we go first to the front lines, where israel meeflts the gaza strip, and abcs Alex Marquardt is there, in the middle, in gaza city. Alex . Reporter good evening, diane. Weve heard some very loud explosions all around us tonight as israeli missiles land. Weve heard the disting woosh of outgoing rockets at hamas returns fire. Tonight, it sees this burst of violence is only getting worse. All day long, rockets filled the bright blue sky,
Good evening. As we come on the air, the entire globe is focused on this question. Are we on the brink of a new war in the middle east . All day long, we have seen rockets firing back and forth, taking a very real human toll. Look at this picture, from the gaza strip in the middle east. A father weeping, his 11monthold son dead in his arms. At the same time, the terrifying sound of an air raid siren. Listen. And there is panic and fear in the streets of israel tonight. Were going to talk to abcs Global Affairs correspondent christiane amanpouamanpour. But we go first to the front lines, where israel meeflts the gaza strip, and abcs Alex Marquardt is there, in the middle, in gaza city. Alex . Reporter good evening, diane. Weve heard some very loud explosions all around us tonight as israeli missiles land. Weve heard the disting woosh of outgoing rockets at hamas returns fire. Tonight, it sees this burst of violence is only getting worse. All day long, rockets filled the bright blue sky,
11monthold son dead in his arms. At the same time, the terrifying sound of an air raid siren. Listen. And there is panic and fear in the streets of israel tonight. And were going to talk to abcs Global Affairs correspondent Christiane Amanpour about what this war, if it happens, could mean to the United States. But we go first to the front lines, where israel meets the gaza strip, and abcs Alex Marquardt is there, in the middle, in gaza city. Alex . Reporter good evening, diane. Weve heard some very loud explosions all around us tonight as israeli missiles land. Weve also heard the distinct whoosh of outgoing rockets as hamas and other militant groups return fire. Tonight, it seems this burst of violence is only getting worse. All day long, rockets filled the bright blue sky, gaza militants firing on israel. At least one rocket landed tonight in tel aviv, israels commercial capital. Sirens blared as residents hit the ground. Three israelis were killed earlier when a rocket hit their ap