And an auto workers strike just revving up. Tox on top of twin jolts that could have consumers hitting the brakes. Sellers on wall street, well, hitting in mass. First to capitol hill where the clock is running out and now fear of a prolonged shut down is beginning to set in. Is there anything that d. C. Can do to stop it . South Carolina Republican senator president ial candidate tim scott is here. Bipartisan texas duo, mike mccaul and henry cuellar. Your world is now. Welcome, everybody. Im neil cavuto. We begin with chad pergram on capitol hill on a countdown to a shut down. I guess right now, chad, is looking more and more likely. What can you tell us . Neil, good afternoon. The government is all that shut down right now. Theres no rescue plan out of this culdesac. The house cant approve its own bill to fund the government for a month and bolster Border Security. The vote 232 to 198 with 21 gop nos. One group wants to be more extreme than the other group. So even their effort to pa
Though it was never reported to police. Now, she hopes her story helps investigators. This is my way of getting justice for everybody. Reporter that includes shawn melton. He was wrongfully accused of murdering Jeremy Stoner in 1987. What was most important to him is that people accepted the fact that he was innocent. Reporter peter ford was meltons defense attorney. He was ultimately acquitted after two trials and two hung juries. I know shawn would be elated if you were here. Unfortunately, he is not. He died with this cloud hanging over him. Reporter advances in dsa technology, exonerating melton decades after his death, and leading police to the man they say is Jeremy Stoners true killer. What his family went through, and on top of it, shawn lived his life, being treated the way he was, makes me so angry, i hate this man so much more than i did before, for causing for so many people. Reporter Martinez Police say they are also in contact with the d. A. s office about the killing of
As consumer spending. Brace for furloughs as the Government Shutdown looms with a lastminute deal looking unlikely. Shares of carmakers gaining again and the Auto Workers Union is dialing back its push for a 40 pay rise. That report said u. S. Stocks slightly higher in the new york session, we saw stocks rebounding and we also had to contend with technicals where we were nearing that oversold territory for the s p 500. Right now, 14 to april tip strength index around the 35 level, you could see u. S. Futures extending those gains as well. We saw the treasury selloff cooling down a little bit, the 10 year yield backbone hope 4. 6 . We have data that we were trying to digest, including consumer spending, rising at the weakest pace in about a year last quarter, not to mention comments from a couple of fed officials that took it more devilishly. We have the dollar index also falling for the first time in seven sessions and oil in the Asian Session you can see the wti up. 2 . That massive r
This year for the u. S. Benchmark , the oil rally in the treasury selloff taking a breather. Paul white house staff told to brace for the furloughs as a Government Shutdown looms with a lastminute deal unlikely. Shery plus evergrande is saying their chairman is suspected of crimes as it enters a new phase. U. S. Futures coming online after stocks rebounding in the new york session and we are seeing those extensions with the gains of up to 1 10 of 1 in the s p 500 so close to that oversold territory. The 14day rsi around 35 and stocks getting a boost from the uaw report that it was set to dial back the pay hikes they were requesting from the carmakers. Still, treasuries, the selloff today, the 10year below 4. 6 and data showing Consumer Spending rose at the weakest pace in a year or less quarter and we had some comments from fed officials that were perceived as a little bit more dovish, so we have the dollar falling for the first time in seven sessions. Take a look accrued, wti above 91
Yesterday because as you remember yesterday morning we had the wet roads the Early Morning sprinkles this morning. None of it is Crystal Clear and dry out there and were going to stay that way all day long today. Embarcadero. Nice and still no breeze there on the flag of up here, 15 bay bridge looking nice and bright as well. There are showers to our north, but thats where theyre going to stay up along the north coast near the oregon border. So here locally, weve got the sun and all the way out to the coastline, too. Temperatures in the 50s and 60s right now. We started the morning. Pretty chilly spots like redwood city petaluma and santa rosa were down in the upper 40s. But now temperatures are climbing well into the 50s. If not 60s later on today, its going to be 70s to 80s for daytime highs of more of those numbers. Still to come rain. All right, john, thank you for that. Well, you would think that 9 oclock tlings are supposed to be much lighter. However, traffic is still pretty bus