Im jim axelrod. We begin tonight in lafayette, louisiana, where investigators are learning more about john russell houser, the man who opened fire in a Movie Theater thursday night killing two and wounding nine before killing himself. The portrait of houser thats emerging an angry and mentally disturbed man who had a swastika outside his business and praised hitler on extremist web sites. Reporter a Law Enforcement source familiar with the investigation tells cbs news houser had been staying at a nearby motel for at least a month. They found writings in his room that said he wanted to target Law Enforcement, governor agencies abortion clinics and anyone else will do. He had even written the name of the movie and show time he planned to attack. The source also said when police found housers body in the theater, he smelled of alcohol. Thursday nights shooting shocked the 59yearolds family. The Baton Rouge Advocate intervood the shooters brother. Were trying to get our arms around that an
This week with George Stephanopoulos begins now. Good morning, all of the news from the campaign trail coming up. Donald trump and Hillary Clinton dominating the headlines. But we begin with the brandnew front in the fight against isis. Abcs Alex Marquardt brings us the latest from beirut. Reporter good morning, george. Turkey has been accused of standing by as weapons cross their long border into turfsyria. Now, turkey has suddenly and dramatically stepped up its role in a way that could have big consequences for isis and itself. For the first time, wave of air strikes pounding isis in northern syria. Turkey, a nato ally, now also agreeing to let the u. S. Use an air base in the south, to launch drones and fighter jets against isis. Turkey jumping into the isis fight just days after a suicide bombing in Southern Turkey blamed on isis that left over 30 dead. This is probably more than the u. S. Ever expected to gain, we were only asking for basing rights. But now were getting basing ri
Axelrod good evening. Im jim axelrod. We begin tonight in lafayette, louisiana, where investigators are learning more about john russell houser, the man who opened fire in a Movie Theater thursday night killing two and wounding nine before killing himself. The portrait of houser thats emerging an angry and mentally disturbed man who had a swastika outside his business and praised hitler on extremist web sites. Reporter a Law Enforcement source familiar with the investigation tells cbs news houser had been staying at a nearby motel for at least a month. They found writings in his room that said he wanted to target Law Enforcement, governor agencies abortion clinics and anyone else will do. He had even written the name of the movie and show time he planned to attack. The source also said when police found housers body in the theater, he smelled of alcohol. Thursday nights shooting shocked the 59yearolds family. The Baton Rouge Advocate intervood the shooters brother. Were trying to get o
Welcome to squawk alley. The founder of aol ventures is with us. John, its good to have you back. Jon fortt is out today but Kayla Tausche is here. The dow is down about triple digits. A few select companies are driving whatever gains we have in the nasdaq composite this year. Six companies, amazon, google, apple and gillian account for more than half of the 64 billion in value added to the nasdaq composite in 2015. The concentrated gain in a few stocks is boosting concerns of dwindling leadership, a market top, some say. The nasdaq itself is up about 7 so far this year. And i think if you take out amazon and google, john, even the s p is negative year to date. People say classic sign of an aging bull market. Is that legit . Certainly a ton of consolidation and thats reason for concern in a business that is concerned. Youd rather have more diversification of broadening. Im not sure if its a causation or a warning sign. Im not ready to show impending doom yet. Jim cramer, of course, coi
Another big asian selloff. China losing 8. 5 in overnight trade and the hang seng in hong kong also dropping 3 . Japan a more muted drop but i think you get the picture. Europe falling as well. Germany and france bearing the brunt of the selling and the drop continues through the usa. We are off the lows of the day but as you can see the dow is moving to the downside by 133 points right now. The nasdaq is off by 46 points. The s p down by 11. The russell 2000 is down by nearly 1 folks, or 11 points. My old colleague now joins us with more on why china dropped so far, so fast. Reporter volatility returning with a vengeance to the Mainland China stock markets. Equities plunging more than 8 . The biggest oneday drop in more than eight years on signs beijing might be backing away from supporting the markets. Concerns over Economic Health soured sentiment further. Data show chinas industrial firms dropped 3 from a year earlier reversing a. 6 rise in may. Index heavyweights including china u