Dow hit its alltime high of 29,568, just 16 trading days later its down 3,400 points. Keep a little perspective here. Yeah, thats a big and rapid drop, but were not at this point in a bear market. We are going to open down 700 for the dow, 80 odd for the s p, 270 for the nasdaq. Its a friday. Remember that. Its important. There will be some reluctance to hold stocks over the weekend because you simply dont know what virus headlines will greet you come monday morning. Now, heres some positive news on the economy, which is having no effect on the market. 273,000 new jobs added last month. A blockbuster report. But that report looks backward. The stock market looks forward. Larry kudlow will be addressing this coming up on the show today. And we expect to hear from President Trump shortly. Last night at his town hall on fox, he had a calm demeanor and on the virus he said we have plans for every single possibility. The campaign trail. Elizabeth warren has not yet thrown her support behind
I want to also have a bill on my desk hopefully by thanksgiving if thats possible, kevin and i said everybody in this room standing by me and well add others as we sign. Who are working to give the american poem poem a jiept tax cut for christmas. Were giving a beautiful present. Breaking down what the overall tax plan means for you and your money this morning. Jobs in america the october jobs report is due out 8 30 a. M. This morning were all on it analysts are expecting 310 jobs created in the month o of october with Unemployment Rate Holding Steady 4 and a quarter ahead of the report look at futures right now. Indicating a higher open for broader average the momentum goes on. Dow industrial is expected to be up about 35 points. Nasdaq up about 20 points thats the start third a percent higher on nasdaq. European i understood coos and gains across the board s p up quarter of a percent. Dax index and in paris fractionally higher. Had a pretty good market roongtly and best performer up
Worldwide exchange. Bringing you up to speed on all the latest songs and lets get you up to speed on the latest in the markets. Yesterday we saw slight declines for the s p and the nasdaq. Fractional gains for the dow. But all three markets had been up during the days trade. They lost steam in the afternoon. Today were expected to open down but again only fractionally. The dow called lower by about 15, 16 points now. The s p by 2 points the snaz called lower by about 8. Nasdaq called lower by about 8. The u. S. Bond market t yield has compressed down 1. 745. The range the last few weeks, 1. 7 to 1. 9. So were towards the bottom of that. Risk off sentiment slightly higher than risk on sentiment at the moment. Jobs forecast today. The economy likely added 205,000 non farm payrolls last month. Wages are key. Average Hourly Earnings are expected to rise by. 3 . They dipped a bit in march. 2. 3 is the annual gain. The wages have been sort of stuck in this 2 range. Its been one of the missin
A toss and hell get it. Cj anderson is going to go all the way and the Denver Broncos win the game. Maria yeah, the cheesier, patriots no longer undefeated. Denver broncos handing the loss. The end of an era for the nba, la lakers legend kobe bryant announcing he will retire. This season is all i have left to give, unquote. Turning back to our stop story, president Obama Joining leaders in paris to talk Climate Change, ongoing threat across the country from isis. Lets bring in chairman david. Thank yous very much for joining us. Your thoughts on the president s visit to paris . The president is going to do what hes doing which is be more for not keeping america safe, not putting the tough policies that we need and continue to say World Leaders, really the u. S. Wants to continue to take a step back and not be the strong force that america has always been and as marco rubio points out, the world is always a more dangerous place when america is not strong. Maria its interesting because w
Midwest to the northeast. First, the storm, singledigit temperatures moving in. This from maryland tonight. The power lines turning to icicles. In philadelphia, the state of emergency in pennsylvania tonight. Hundreds of thousands spending this evening in the dark, as those temperatures now plummet. A virtual Obstacle Course for american drivers. Everywhere, power grids pushed to the brink. This sign reads, sorry, power out. Hospitals, in fact, forced to take drastic action. And now, that third storm on the way. Abc meteorologist ginger zee with the forecast. But first, gio benitez, tonight, on the black ice worries. Reporter tonight, the storm after the storm. After that winter blast dumped nearly a foot of snow and ice from kansas to maine. Freezing cold. And a race to restore power. Officials comparing the damage to the aftermath of a hurricane. Trees down for a hundred miles. Nearly 500,000 in the dark and frigid cold. Its slow, painstaking work. Watch as the workers try and pull a