About how trading does and should work. Stocks were significantly up today after the biggest selloff in three months wednesday. The dow surging 300. S p 500 up 37. Nasdaq gained 67. Lets find out what this means for you and your money. The story of gamestop is a story about Institutional Investors versus a lot of little guys all making similar trades. Kristina partsinevelos of fox business joins us from new york. Good evening. Good evening. Its a rebellion between the Retail Investors and wall street. Its got a lot of people worried. Congress, sec, treasury secretary janet yellen. They are going to be monitoring the stock swings as well as trade restrictions. You have Companies Like gamestop that are used as a weapon. You have large, big hedge funds that noticed things werent going so well with gamestop. People werent going to stores to buy a lot of these video games so the big hedge funds shorted the stock. They bet the stocks would fall. Smaller retail guys banded together in online
I wish now to welcome our like toanel we would remind them to survive to the atest expense possible in less than five minutes possible. They will be made part of the record. Our second panel consists of general james c condo c onville, vice chief of staff , vice army, moynahan chief of Naval Operations general stephen w wilson, vice chief of staff of the air force. Assistant, dont of the marine corps. That, you may now make europe and statement, general. Thank you. Ranking in the spirit, distinguished members of the subcommittee. Thank you for the opportunity to testify. The United States military is trusted in the world. We have to wake up and earn that trust. The armies down 51 . We know that one act breaks that trust of the American People. Senior misconduct in the United States army has no place. Our Senior Officers have developed, decades of relationships of leadership and character. We have provided additional training for those leaders elected to serve. The vast majority of us S
I wish now to welcome our like toanel we would remind them to survive to the atest expense possible in less than five minutes possible. They will be made part of the record. Our second panel consists of general james c condo c onville, vice chief of staff , vice army, moynahan chief of Naval Operations general stephen w wilson, vice chief of staff of the air force. Assistant, dont of the marine corps. That, you may now make europe and statement, general. Thank you. Ranking in the spirit, distinguished members of the subcommittee. Thank you for the opportunity to testify. The United States military is trusted in the world. We have to wake up and earn that trust. The armies down 51 . We know that one act breaks that trust of the American People. Senior misconduct in the United States army has no place. Our Senior Officers have developed, decades of relationships of leadership and character. We have provided additional training for those leaders elected to serve. The vast majority of us S
Has been earned through the service and sacrifice of millions of brave men and women. One byproduct of this reputation is that the military and its leaders are held to a much higher standard than almost any other institution. Standard than almost any other institution. I know that you would never have it any other way. Consequently, the misconduct of a few can greatly impact the reputation of the military. The negative effects are greater. These incidences of senior misconduct, even though relatively rare, not only hurt the victims but can have a Lasting Impact on the readiness of a unit. Of seniorincident leader misconduct is too many, it is important to acknowledge that the vast majority of Senior Leaders serve with distinction. It is also important to a knowledge that some of the acts that the military , would not be investigated or punished in the civilian world. We need to ensure that our Senior Leaders uphold the highest standard of ethical conduct. We will hear from two panels t
Washout like weve seen the last two days, but the clouds, theyre intact, and theyre going to stay pretty consistent across Northern Ohio throughout your saturday afternoon to evening. So, folks, this is great sleeping weather. Relax a little bit, enjoy the news here. Right now overcast skies across downtown cleveland, but the temperatures, folks, we are still on the mild side, mid50s to lower 60s. Do want to show you on the accutrack radar gh the clouds, theyre taking over, but you can see a little bit of clearing thats starting to make its way through erie and huron county. We did see that wet weather start to move offshore for ashtabula and lake counties. So out towards kentucky right now we have that upper level low that continues to make its way north. What im saying here, its bringing in dryer air, and thats going to allow us to dry out throughout your afternoon. For downtown cleveland. Good morning, strongville, 60 degrees, even for sheltered and inland locations. Were off to a p