Could be easier than you think. In the heartland. Food prices are falling, farmers are not making money, and now one rancher says donald trump owes them. Those stories and more tonight on nightly Business Report for wednesday, december 21st. Good evening, everyone. And welcome. Thanks for joining us. Dow 20,000, uhuh. Remains elusive. The blue chip index started the session just about 25 points away from that landmark level. But today is not meant to be. Real estate stocks dragged the market lower as the post election rally took a bit of a timeout. The Dow Jones Industrial average fell 32 points to 19,941. Nasdaq off a dozen and the s p 500 dropped 5. But despite todays drop, the dow has come a long way, and you might be surprised at whats driven the market from dow 10,000 to almost 20,000. Bob pisani takes a look. Reporter the dow is on the verge of passing 20,000. The dow crossed 10,000 but moved above that in mid 2010. What got us to 10,000 to 20,000 . The number one reason the dow
Strength and technology overall. For the moment, we are not seeing an improvement in stocks based on these numbers. Im going to take a look at the bloomberg, as well. A looks like we are not updating the dow. Ticking very slightly into the green, actually. It is up by about two points. The s p is up off by about 0. 5 points. Still a little changed. Still of 0. 25 on the nasdaq. 0. 25 on the nasdaq. The focus continues to be on retailer. Strengthen some of the Retail Stocks yesterday and today, we are going decidedly in the opposite direction. Consumer discretionary down only 0. 25 . There is strength in media stocks. Real estate is one of the worst performing groups today because some of the mall wreaths are trading lower. Individually, macys and kohls are leading the declines. Kohls is down 17. 5 . As theys down 13 announced plans to cut another 6200 jobs, bringing total cuts to around nearly 10,000. They already talked about plans to shut 100 stores. Saw a decline on a samestore basi
Outlook avenue. Oakland police say the 22monthold toddler was shot once while in a car with her mother. Investigators dont know yet whether it was unprovoked or an exchange of gunfire between two cars. From what neighbors tell us, there were many shots fired in rapid succession. It was about maybe four or five and then there was a pause and then there was another probably four. To me it sounded like it was probably nine or ten total. The mother and the child were in a vehicle at the time of the shooting, and again, the child did sustain a gunshot wound, 22monthold little girl. Now Police Confirm they are investigating to see whether todays shooting of the little girl was in some way related to the murder of a man on myrtle near 16th in oakland yesterday afternoon, perhaps some kind of retaliation, but they do not think the toddler was the intended target. Those who live here say this neighborhood known ads millsmont is relatively quiet. At this point, police are not releasing any suspe
Just arrived on scene and is being briefed. She will share that information with us as soon as she gets briefed from the officers here who are here on scene. This is what we know so far. It happened around 4 00 this morning. San Francisco Police officers arrived on scene trying to apprehend a suspect. Now, we have heard and we have seen video of two officers being treated. Weve heard that the officers were treated for pepper spray related injuries that may have occurred in the process of trying to apprehend the suspect. We also heard that the suspect was somehow shot during the scuffle. The suspect made his way into a nearby home and barricaded himself inside for some time. Later giving himself up to police. Were hearing also that the suspect was transported for injuries that he received in the course of that scuffle with Police Officers and that officerinvolved shooting. At this point, no update on his condition. No word on his identity either. So coming back to our live shot, you can
The snow falls west to east. Between 10 00 p. M. And 2 00 a. M. The steadiest snow is falling and the crews can get a handle on the roadways with the majority of the cars off the roads and in between 4 00 and 6 00 the snow is ending from the west to the east. And again just cleanup during the morning rush hour for the side roads as well as the sidewalks and of course your car and driveways. Overnight snowfall for philadelphia you see all the four different models, the projection is 1 to 2 inches for philadelphia and that is the case for most of the area picking up 1 to 2 inches with pockets of 3, in and around the heart of the delaware valley. Morning rush breaks of sun, if it breaks out there will be intense sun glare refracturing off the fresh snow and look for residual slick spots. 29 at 8 00 in the morning and with the road impans minor on the major roadways, not a lot of snow and stopping fairly early but the jove passes, the secondary roads and sidewalks impact tomorrow morning b