And conservative forecast. General elec profit in the co industrial u low crude prices could restrain overall growth. All that and more tonight on nightly Business Report for tuesday, december 16th. Welcome, everybody and good evening. Susie gharib has the night off. But if you like market action, then you loved today. Volatility was everywhere. In stocks, in oil, in bonds, and most especially, in russias battered currency. Lets start with stocks though. The dow was of and then up 247 point, it jumped 155 points in 30 minutes. Then came a slow fade that quickened in the final hour. Heres what the dow looked like in graphic form today. Kind of an ekg in desperate need of a betablocker. At the close, the dow was off 112 points, nasdaq down 57, a drop of 1. 25 and s p lost 16. Now down 1. 4 fo far. As for oil, it was a wood blast job too. At todays finish, west domestic texas crude snapped a four day losing streak. It ended a whopping 2 cents higher to close at 55. 93 and traded above 57
Occurrences afternoon and expect rainy windy weather and women up the mid60s but rain that will be along and joining but terribly tired bay area stocks sunday airs at the plaza. Completely backed up on the 800 across a lot of shuffling for the fasttrack plan to now. And if he Kasper Newton Kennelly meet sure they like conditions having to macarthur ms. Lifetime 15 minutes from the man is heading to the city to watch show for foggy conditions if there is continued for consensus to Richmond District 20 by 20 ft. Sinkhole opened up in the middle and jackie is left with an update on this big repair job is now just writing any to see the gaping hole you can see some of the Construction Material from this area to be working on since wednesday for as it happens video from yesterday when crews were out here working away on the vehicles. The uncertainty is going by right now this happened wednesday when an intense rain storm 8 in. Main over a hundred years old. An assembly could not handle the
Most important religious days of the calendar year, coming up, his eminence, Timothy Cardinal do lan will be here to talk about the real reason for this day. Of course, we will do celebrating as well, idina menzel will be here with a special holiday performance. Plus our special christmas tradition, eating, drinking, good morning, snacks, easy to prepare before the day gets too hectic and the perfect beverages to prepare with them. We started with the eggnog here. The program will get more interesting. We have a check of the top stories of the morning, it seems we have hit the egg thing, channel, Merry Christmas. Merry christmas to you, good morning. It has been a tense night in berkeley, missouri. Vigils and protests over the deadly ploigs Police Shooting over an 18yearold man. Activity was centered on the gas station where Antonio Martin was shot. Thats the under surveillanced with video, where he was shot. Former president george h. W. Bush remained hospitalized overnight. They say
Speeches for about an hour. This is where they have been. Earlier today, protesters hit the streets. The protests started bright and early and brought morning rush hour to a standstill, snarling busy roadways into northwest downtown d. C. Title 22. Seize yourot unlawful behavior and disperse, you will be arrested. They blocked the streets from southeast to chinatown as commuters tried to make it to work. Amountink that a small has something that is a larger change reagan and the protesters tied things up for nearly an hour. Very disruptive to the workers who are trying to work. Workers say they are sympathetic about the grand jury berdych not to indent the officer who shot 18yearold michael brown, but tying up traffic, they say, punishes the wrong people. I am sorry, like i am a federal worker. I dont care about the political issues. I just want to come in and do my job in the morning. Still, the protests went on. The protest this afternoon came to the justice department, according to
Discrimination act, which has been on the books since 1978. Here is the big question, should a pregnant worker be treated the same as any employee injured off the job . She explained she was a Delivery Driver for ups when she became pregnant. She claims her employer refused to let her go on light duty, even though the doctor told her she should not live more than 20 pounds during her pregnancy. She was ultimately fired. She lost her health insurance. Issueon both sides of the demonstrated here while the cases being heard by justices at the Supreme Court. Tonight at 5 00 we will hear from lawyers who represent ups. We will also hear from the plaintiff in this case, ms. Sherry jones. Horace holmes, abc 7 news. Facing a new political landscape, president obama hosted a prime it private meeting with Mitch Mcconnell at the white house today. It was the first one on one meeting since the republicans took control of the gop took control of the senate in the midterm elections. We will watch an