Military response if we or allies are threatened. The deferred action for childhood arrival Daca Dreamers looks like they get a six month reprieve while congress sorts out a solution. The swamp, there are a lot on its plate with a 7 billion downturn and debate on a budget plus a debt ceiling deal and attaching bigger harvey is request to that debt ceiling. All of this and a 12day period when the house and senate are in session together. Like do you think in here comes irma now a category fife tomorrow on track to arrive florida declared an emergency in all county website the message is clear, be prepared. Well harvey is gone but theres a lot of south texas thats still waterlogged parts of houston still throeded. And about a new estimate suggest that up to 300,000 homes suffered damage. U now, with all of that, you might expect a harkt selloff. Stay right there. Well show you whats happening to your money. Varney and company is about to begin. Here we go. Were going to be down at the op
Facebook said to offer hundreds of millions of dollars to allow users to pay for play. Betty welcome to daybreak asia , i am betty liu at bloombergs Global Headquarters in new york. Yvonne i am yvonne man out of seoul this wednesday morning. Appear in south korea, we are watching what is happening about 30 something miles away from seoul. Our neighbors to the north, so to speak. For the markets, it has been a perfect storm. For not only what is happening in pyongyang, but the hurricane heading to the u. S. Amid debt concerns. Betty we are putting out fires left and right. That was reflected in the markets today. Lets pull up the board. We opened up after the long Labor Day Weekend and went straight down. You can see the dow closing off 234 points. The nasdaq taking it on the chin, as well as the s p. Selling across the board. Asia, whiching into had been reacting the past several sessions this week to the north korean headlines. Lets bring up new zealand, which is just opening up, down
And a tragic exit is more than 120 thousand muslim people have fled the latest violence in myanmar. Plus, at lego, apparently all the pieces do not fit together as they should. The company, famous for its building blocks, suffers a drop in sales. 1000 jobs are now on the chopping block. Brent i am brent goff. It is good to have you with us. Tonight the u. S. Government has announced it was scrapped a program created by former president obama designed to protect illegal Migrant Children from deportation. While making the announcement a short while ago u. S. Attorney general Jeff Sessions said the Trump Administration is ending the program because it is unconstitutional. The deferred action for children arrivals, daca program, was implement to five years ago and effects nearly eight hundred thousand immigrants allowing them to legally work in the u. S. Saracens sessions says this has been unfair to american citizens. It wasnt unconstitutional exercise it was an unconstitutional exercise
Defiant north korea, top north korean diplomat warned his country is ready to send, quote, gift packages to the u. S. Comments come just days after that country tested most powerful nuclear bomb yet. Marking an escalation with standoff with United States and allies. U. S. Ambassador urged the security counsel to impose the strongest possible sanctions to north korea to cut off revenue that lets the nation build Ballistic Missile and war heads. Crisis prompted investors to sell stocks. Dow jones dropped 234 to 21753. Nasdaq was off about 59. Almost 60. S p 500 pulled back 18. Reports tonight from the new york stock exchange. Reporter mounting tensions between the United States and north korea royal Global Markets after north korea conducted most powerful nuclear test to date. Gold prices shot up to one year high in this geo political jitters. In the absence of any major catalyst, earning season winding down, there is a sense of nervousness today. You got a market risen a lot this year.
Across the board with the exception of the italian ftse. A quick look at wti crude right now, wti if youre buying it buy the barrel, you can do it for 48. 91. Hurricane irma one of the most powerful atlantic storms in a century. Its churning its way across the caribbean towards florida. Kalee dionne joins us live from cnbc headquarters. Whats the path . Reporter the path is westnorthwest at this point the question still lies when will it turn to the north . Thats something well be watching throughout the day. The latest update from the National Hurricane center, it maintained its 185mileperhour winds. Its just to the eastsoutheast of st. Marteen, and conditions are deteriorating there. This will continue to move at 16 Miles Per Hour that pressure continues to drop. As that pressure drops, the winds will maintain that speed or continue to increase. Everyone is wanting to know where is the track i dont want a lot of people to focus on where it will go as it moves closer to the u. S. At t