To go in february. Jim dow has been in another big ring 600 points today the worst week shaping up since 08. You told us yesterday stocks were going to go down another 3 right on the money what happens now let me be careful, scott. I dont want to pretend that i can tell you whats going to happen today or tomorrow but you asked a question and ill answer it i think this is going to be like a typical correction where we bounce along for a couple of weeks then people real the Profit Growth picture is still in tact. Economic expansion is still in tact and Interest Rates at the tenyear is at 3 . Yes, its higher, but thats not nosebleed territory. So youre correct. We talked yesterday that i had sold stocks last week. Im taking a stand today putting a stake in the ground and b ive nibbled at one of my favorite companies, gbx. Added 2 to the portfolio. Not saying this is the bottom. Not what im saying. Im saying i liked it a month ago and now, its 12 off. Over the next two week, ill be lagging
Welcome to the second session of evidence today. We heard in the previous session and weretech companies joined by people who were leading the investigation and the search into the issues we were discussing in the first session. As the session goes on, we would certainly welcome any observations you have on the evidence we received from tech companies. I wonder if i could start first with david carol. In the session with facebook, there was a reference to the investigation the u. K. Investigation commission conducted. This is your case. I thought perhaps you could tell us something about it. My understanding is that you made an application to Cambridge Analytica for information they hold about you that is linked to the election period in america in 2016. Because at some point that data must have been in u. K. U. K. Office ishe looking into that. Area i am interesting sure will be interested in following up with the commissioner when we are back in the u. K. We welcome any insight you c
Fbis radar. He came out of nowhere to kill four marines in chattanooga, tennessee. This is new terrorism, the lone wolf going after the biggest body count. Were all targets now. That is terror. Get to money. Google is set for a big gain. The stock will be up 70 maybe more. To politics. Two new polls. The first shows trump still leading the republican pack. The second shows tillry taking a hit. Trust in the Clinton Campaign is sliding. Sports the big story, jordan speith looking good very good in the british open. Oh what a day. Varney company is about to begin. Stuart we begin with terror in chattanooga tennessee. Tony shaffer is here an expert on this subject. Welcome to the program. Thank you, stuart. Stuart this is social media story. This kind of terror is bred on social media and to some degree turned on by social media and i suggest to you there is not much we can do about it. There is not at this point. Think about where this happened, middle america. This wasnt new york. This w
The first officers heard the gunshots and they still ran through that theater. They do an amazing job protecting us every single day. Im grateful for their heroism and i think well hear other stories from folks inside the theaters as details come out. Were switching gears this morning. We have breaking news right now. It is now official anthem is buying cigna for 188 in cash and stocks. The transaction valued at 54. 2 billion on an enterprise basis. This of course, a transaction thats been long in the making. Weve talked about it over and over as other deals have come and gone. Weve seen etna now merge with humana. There will be issues and questions in washington about regulatory questions, about consolidation. Just to give you a couple quick breakdowns, its 143 per share in cash 0. 5152 shares in anthem stock. You might remember this deal was held up for at least a bit because of questions about the roles of the different ceos in this. Questions about what was going to happen to David
And many crash overnight. Maybe theyre bursting bubble is hurting us. One last one. Food police joined the president ial debate. Varney company is about to begin. Dont look now but it looks like we are in for triple digit selloff at the opening bell. We should be down 120 points. Chinas stock market was down 2. 5 overnight. The worries over there will affect their money over here. Full story coming up. Oil also down on the china selloff now 47 per barrel. Is that good for the economy . Good debate later. It is getting fairly close to 100 a share. Very much in focus this week they report earnings on wednesday. Some talk maybe they will have this urge we saw for amazon and google last week. We shall see. President obama in ethiopia this morning defending the Administration Deal with iran specifically citing Mike Huckabees criticism of the administration. If youre asking me how the arguments are going, its great. If youre asking me how the arguments are going, its great. If you ask me abo