The crisis in the middle east. Usually oil spikeses when that happens. Not today. Thats a great point. Options pit. Com founder Mark Sebastian in the, in the pits of. Ashley webster on floor of the New York Stock Exchange with the selloff. Ashley, what happened . Interesting, melissa, just to davids point. Tells you what kind of day it was when the dow finishes down 270 points. Hey, nice comeback. We were down 400 points several times throughout the session. We knew it was coming. We saw a big selloff in china. Weak Economic Data out of china. That spread to europe. We knew at opening bell today we would kick off the new year on adown note. We were off 300 points literally five minutes into the trading session. Weve been down there throughout the day. At last i would say five to ten minutes we saw some people perhaps jumping back in to to up bargainsselling was broad based across the board. Financials and tech stocks particularly hurting. I want to mention oil, something david mentione
Best of this report, taking a victory lap, calling the u. S. The strongest, most durable economy in the world, pointing to slight gains in wage and Income Growth, low oil prices and an increasing number of americans with health insurance. Our experts will put it all in perspective for you. The president s surprise appearance at the white house very political in nature, no big surprise, taking aim at gop president ial candidates in New Hampshire for what he says peddling doom and gloom on the campaign trail. The republican contenders are preparing for tomorrows debate. Meantime, Hillary Clinton and Bernie Sanders already got their licks in last night. Sanders again trying to tie clinton to wall street. Well go live to New Hampshire while our Political Panel will analyze both parties from every angle. Miss, is the american tax plus, is the american taxpayer supporting the assad regime . Also the latest on the new york city crane collapse and, oh, yeah, were live from San Francisco at the
Es always about money. Melissa president obamas bipartisan rhetoric after the midterms apparently just lip service. Fox news is learning that the president is firing up his mighty person unveiling an executive order on immigration order next friday. As senate prepares for a vote on Keystone Pipeline the white house already hinting at veto. Here to discuss were waiting on very own charlie gasparino. We have empty seat on the set. Im sure he will power in her any second. Veronica daguerre from wall street journal. Jack otter from barrons. Thanks for you two guys being on time. Veronica, the president is doubling down on policies that got his party kicked out of washington. He seems to be committed to that and America Melissa thanks for joining us, charlie. A seat right here. Im sorry i was on the phone. Keystone to go through. Both sides of the aisle look forge that. Looking to make that happen. Because they want jobs created from that. They want that policy and they want cooperation in
We have breaking news right now on the sony hack. Cyber criminals behind the breach escalating threats invoking images of terrorism. A new online warning states quote, the world will be full of fear. Remember the 11th of september, 2001. The message is urging people to stay away from theaters showing sony film, the interview. Lets bring in Senior Correspondent Charlie Gasparino and barrons Senior Editor jack hough and we have deputy editorial director of wall street journal i think this is serious. Part of me wants to say screw you. We have a lot of cops out there. To whoever is doing this. Melissa those making threats. I dont know if theyre terrorists or whatever. Melissa the hackers. Maybe theyre not the hackers. Maybe someone that is a copycat but when you think about terrorism, yes, a human life is also involved but also an economic impact. They want to scare us into not doing what we do every day. Go to work, go to the movies and this is where it gets really scary for me as an ame
Poll a majority of americans are feeling good about 2014 but what economic threats are on the horizon for the new year . Lets bring in todays panel. Pete hegseth concerned veterans of america and fox news contributor, jack hough from barons and simon constable from the wall street journal. Pete start with you, was this a good year for your family . 67 said yes and highest number going back since 2009. It is good to hear. But surprising as supposed recovery has not hit middle america. Interest rates have to go up at some point. The economy is addicted to them. Debt ceiling fight in march. Where will that go with emboldened conference. Adam i tell you where it will go . Jack we have the debt ceiling problem in march. Oil will go up eventually in price. Could it happen before march . Oil could go back up. I dont think it will go anywhere near where its with. This many looking fed rate hike will be less of a exciting event than investors think. Adam could be a minimal hike even if they do