Two people. A tense situation outside the Turkish Embassy in washington. Protest turned violent and at least nine people injured. The details ahead. The Retail Sector remained in focus. Target set to report earnings ahead of the opening bell. The numbers you need to know. Markets under pressure after a record close for the nasdaq. Features most across the board. Dow futures down triple digits at the moment. The big question should be our investors watching washington . The lack of action on the progrowth agenda. In europe come to see how the markets are faring there. If i can, barely again on the ftse 100. It was declined across the board in asia overnight. Although modest in japan, hong kong, shanghai and the cost in south korea be the biggest loser down half of 1 . And this, a memorable night for cubs manager joe matt merkin is 1000 plan. He celebrated during a supposed kidneys cant print. All of that and so much more coming ahead. Political analyst kirsten happens here. Chief Invest
I think the horrible attack in manchester reminded all of us why we have to do this. The president said that in remarks today. It just reminds us why we have to win this fight and we have to do it. We cant leave it for someone else to do. Maria very latest developments this morning. Airport lines may be getting longer. Transportation Security Administration testing procedures including separating all electronics and food. Obamacare on the brink. The Congressional Budget Office now with a score in the Gop Health Care bill say that will lower premiums than the deficit. This after another insurer said it will pull out of the exchanges next year. Weve got the latest. Earnings season wraps. If i had to be uanabout giving us the latest book. Overall earnings have been strong. Futures indicated they will open like this trademark is right now pretty strong opening this but we expect that 77point. Nasdaq, s p 500 also in the plus power. European indices. Take a look, higher across the board. Ca
Our viewers, who face a very tough weekend in that part of the country. This, too, is breaking as we speak, a barnstorming tour for President Trump. Hes on the stump for tax cuts just like ron reagan. He starts next wednesday in springfield, missouri. Its now a handson, allout push for the centerpiece of the trump growth agenda. Varney company is about to begin. Stuart well, youre looking at a happen of the race in the gulf of mexico that may be affected by the storm. Theres a lot of them, as you can see. Perhaps more important, onshore in Corpus Christi alone there are five refineries, some of which have shut. That will affect the supply and price of gasoline over a very wide area. But, you know, look, i dont want to make this a financial story, because its not. No. Stuart this is a human story. Our viewers are facing this thing. Yeah, this is of biblical proportions. When you talk about 20 inches, some computer models say up to 40 inches. Tremendous amounts of rain stuck over the sam
Update. China threatening to smackdown a u. S. Automaker. Is this retaliation for trumps taiwan call . Well ask trump Economic Advisor steve moore how the president elect will respond. Melissa back to the markets. The dow snapping a sevenday record winning streak, ending down 117 points. Were down more than 200 point away from 20,000. Exxon, caterpillar, dupont are among todays biggest drags. Oil plummeting as well. Phil flynn, Price Futures Group has what you need to know from the cme. Ashley webster is on the floor of the new york stock exchange. And, ashley, everyone expected the fed to raise rates so what was it that janet yellen said later you think spooked these markets the most . Thats a good question. Put away the 20k hats for now. I think the fact they recognized that more stimulus to the economy may require more rate hikes. We put two next year. Fed saying three an possibly more. That was kind of threw cold water on the rally. If you look at the chart, it went up a little bit
Japan down ever so slightly. Dagen investors waiting to see if Oil Producers will deliver on pledges to cut production. Oil right now up 27 cents a barrel. Lauren the 10 year treasury yield now at 2. 55 . Dagen japans Prime Minister visiting pearl harbor. President obama saying shows the power of reconciliation. Lauren msn this Holiday Season its been seven. Whats behind the recordbreaking sales . Dagen in minnesota, the golden gophers winning that the touchdown. Lauren 5 01 a. M. In new york. Happy wednesday to you. Welcome to fbn am, your first look at morning markets and breaking news. Dagen president elect, donald trump everybody cannot seem his appointment. Thomas bossert as his assistant for Homeland Security and counterterrorism. A onetime Trump Organization official who also served under president george w. Bush. Trump also appointed jason greenblatt, one of his main visors and u. S. Israeli relations during the campaign and transition a special representative for international