Announcer this is cnbc breaking news. Im Courtney Reagan in this morning. We begin with breaking news. A Global Market sell off under way. Dow futures pointing to a drop of 1300 points at the open but futures have hit their daily limit down across the board. That means stocks could open much lower than whats indicated right now here on the screen you can see the s p 500 is indicated lower by 151 points and the dow by 1300. Bond spark is hitting again. The ten year yield is sitting above half a percent this new record lows were hitting here nearly across the board this morning hovering maybe just above the record lows but look at the 30year bond, under 1 thats happening for the First Time Ever. At 0. 925 . Now all of this is happening as theprice of crude oil has crashed. And that is not an ap exaggeration oil is hitting its lowest levels since 2014 as saudi arabia announces a massive production ramp up and price cut. Crude is now on pace for its worst day since the start of the first g
Acted upon the recommendation of mr. Rosenstine and mr. Sessions with whom he had met on monday evening, who then put their recommendations in writing. He said that he had made up his mind to fire mr. Comey before those gentlemen had met, number one. And number two, that he was basically not following their recommendations. He was acting on his own, so that raises some questions. The question of turmoil in the ranks of the fbi, something that has been raised several times and the president raised right there, was knocked down today on capitol hill by acting director mccabe who said that mr. Comey had the very strong support of the majority of the rank in file at the fbi. He certainly painted a very different picture of that. Reasonable minds obviously can disagree and from where the president the attorney general and the Deputy Attorney general sat they may have come to different conclusions on that but certainly that would be another sort of series of questions that i expect youll hea
We have 31 degrees as our wind chill in philadelphia, 27 is what it feels like in wilmington, and as far as the pocono mountains are concerned , yeah it feels like 22. So the number as promised is an eight out of ten. We have buddy bundled up appropriately and it turns out today is National Cocoa day. If you were with us yesterday you thought it was yesterday but we fixed it. The seasonal temperature high of 43 degrees, today. Polar plunge is coming, bob kelly but we will tell you when. So nice we will to it twice we have a couple accidents here, this one here westbound, schuylkill expressway, right here at vare avenue, these guys, kind of bumper to bumper here, in what would be the right lane. Police are not even on the scene just yet on the vine street expressway across town westbound as we go for a ride coming off i95 into broad street this truck off to what would be the right shoulder, so that is causing delays, on broad street and coming off of i95. An accident tree came down, car
Intelligence. One official told nbc that, quote, American Service members died as a result of russian payments to the taliban. But other officials said the intelligence has not been corroborated. The New York Times, which broke the story late friday, also reported that, quote, the intelligence finding was briefed to President Trump, and one official said that it was, quote, included in the president s daily brief. Thats a topsecret document that is prepared for trump each morning. According to the times, the white house has not authorized any action in response to moscow. Now, nbc has not confirmed whether the president was briefed on this matter. Trump this weekend claimed that he was never told of these reported russian bounties. He did indicate that intelligence related to this does exist but tweeted last night, quote, intel just reported to me that they did not find this info credible and therefore did not report it to me or the Vice President. Possibly another fabricated russia ho
Attacked the American Embassy on new years eve said to be reacting to air strikes on outposts in iraq and syria which they said were responsible for the death of an american contractor. He was asked about iran as he was about to walk into his new years party at maralago. Mr. President i dont think it would be a good idea for iran. I like peace and iran should want peace more than anybody. It would go very quickly. Before we begin our discussion lets get the latest on tonights developments from ali who joins us from london. Thank you for joining us. Obviously this caught a lot of folks in the media off guard. This news tonight trying to play catch up. Take us through what we know at this hour about this killing. They have confirmed that he was killed in iraq on the way to the airport. He is a revered figure in iran and it wouldnt be an exaggeration to say that he is the second most powerful person in iran after ayatollah khomeini, the Supreme Leader and developed a huge network of milit