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
politicsnation. tonight s lead, a christmas blizzard. right now, americans are preparing to celebrate christmas in the midst of a blizzard of legal developments surrounding donald trump. in just the last five days, the supreme has blocked special counsel jack smith s request to expedite a ruling on whether trump has legal immunity over his january 6th conduct. earlier, new recordings published by the detroit news reportedly showed trump pressing republican electors in michigan not to certify joe biden s victory in the state. three years ago. the state supreme court justices in colorado have been reporting death threats all week since they ruled that trump could not run for office in the state. all that plus what to expect when the senate comes back to washington next month. in new york governor kathy hochul joins me shortly as the empire state officially takes up the question of reparations for its black residents. i had a firsthand view this week as head of the national acti
against pre trial detention. after six months of bird flu restrictions, poultry will shortly be allowed out again heralding the return of free range eggs. and coming up on bbc news, after protesters disrupted play last night, the world snooker championships resumed today but with heightened security checks at the crucible. good afternoon and welcome to the bbc news at one. the treasurer of the scottish national party, colin beattie, has been arrested by police investigating the party s funding and finances. it comes two weeks after peter murrell, the snp s former chief executive who s married to nicola sturgeon, was arrested by officers who searched his home in glasgow and the party s headquarters in edinburgh. mr murrell was later released without charge, pending further investigation. our scotland correspondent lorna gordon has the latest. colin beattie has been the snp s treasure for almost the entire duration of his party s climb to dominance in scottish politics. its r
with less tha 48 hours until us midterm elections, president biden and donald trump continue on the campaign trail, in the push to win crucial votes. and elon musk threatens a permanent ban for twitter users who create false orfake profiles. we will tell you all you need to know. a very warm welcome to the programme. at the cop 27 climate conference in egypt, world leaders will highlight the steps they are taking to tackle global warming, as developing countries hope for reforms of the climate finance system. richer nations are to outline their programmes for reducing carbon emissions. poorer countries have welcomed the prospect of a debate on setting up a compensation fund. our climate editor, justin rowlatt, has the latest from the conference in sharm el sheikh. cyclones ripped through madagascar earlier this year. floods displaced more than a million people in nigeria last month, while another year of low rainfall pushed parts of somalia and elsewhere in east africa even c
so let s now get down to business and, as you ve been hearing, a stark warning has come from the head of the united nations that the world is sending out a distress signal and our planet is changing at a catastrophic rate. antonio guterres was speaking at the cop27 summit in egypt, where over 100 world leaders are gathering. last year, many economies pledged to reach net zero by 2050. but then things changed, europe s energy market was hit by russia s invasion of ukraine, and now countries face the prospect of blackouts and rationing of energy supplies. in response, germany, italy, the netherlands, greece and hungary have all extended production of coal and have re opened previously closed facilities. so can european countries still meet their net zero pledges? tim mcphie is spokesperson for climate and energy at the european commission. we have very dramatic challenges before us but we have written into law legislation that all member states have to follow. 0ur net zero ta