relocated for the time being. she likely will transfer schools. james: mike tobin, thank you. sales declined last month for some of the big automakers. ford took the biggest hit. toyota, fiat chrysler, and honda were also down. general motors, nissan, and volkswagen were up due largely to suv sales. wall street close out the day in the red. dow down 13. s&p 500 lost 4. nasdaq was off 17. president obama s national security advisor linked to the circulation of classified information in the trump surveillance scandal. our all-star panel weighs in when we come
relocated for the time being. she likely will transfer schools. james: mike tobin, thank you. sales declined last month for some of the big automakers. ford took the biggest hit. toyota, fiat chrysler, and honda were also down. general motors, nissan, and volkswagen were up due largely to suv sales. wall street close out the day in the red. dow down 13. s&p 500 lost 4. nasdaq was off 17. president obama s national security advisor linked to the circulation of classified information in the trump surveillance scandal. our all-star panel weighs in when we come back. but all pete needs is scotts turf builder lawn food. it s the fast and easy way to a thick green lawn. it takes grass from hungry - to healthy. this is a scotts yard.
a favorite among jeep fans. especially if you love wood panelling. suv sales have soared thanks to cheap gas prices. the president-elect has not targeted fiat chrysler. this could be proactive to show the company s commitment to u.s. workers. extreme weather hit both coasts this weekend. it turned deadly in california. northern and central california are dealing with intense flooding, mudslides, rock slides and downed trees and power lines. it closed i-80 over the sierra mountains. highway 50 has reopened. the flood closed yosemite val y valley. no word on when the roads will reopen yet. for more on this and the cold snap here in the east, let s get to meteorologist pedram javaheri. pedram. good morning, john. the atmosphere is rich with moisture this morning coming out of the hawaiian islands.
spread to the rest of the globe. on top of that of course you have concerns about the greece economy. their stock market reopened today. it crashed. so there is concerns about europe and there is concerns about what s going to happen if iran is allowed to sell oil on the global market. could that add to deflationary pressures. three major problems really pressuring prices today. jenna: let me ask you a little bit about gas prices as well. we do see lower gas price, on average paying a dollar less than we were last year per gallon of gas on consumer side. what other benefits from the lower oil prices? well there is no doubt that we can get a boost from consumer spending. we ve already seen suv sales go through the roof and truck sales because lower prices allow people to buy bigger cars. they re not so worried about the gasoline prices. but the bad part of this story jenna. we ll see major layoffs across the energy industry. we already heard from the big oil companies whose earnings w
sales were up 44%. walmart.com sold out of xbox one and ps4 consoles by monday afternoon. shifting gears, car sales are expected to rebound after slightly lower numbers in september and october. suv sales could be strong thanks to lower gas prices. and the mystery over those google barges may be solved. the san francisco chronicle reports the company plans to use them as floating retail stores for its new google glass wearable device, and that will be in san francisco, los angeles and new york. so, an early look at some business headlines. back to you and have a great day. good to know. you, too. thanks so much. well, scrambled politics is just ahead, including why new jersey governor chris christie is being called a flip-flopper. and you won t believe who s being compared to crack-smoking mayor rob ford in a new political ad. that s coming up next. [ bells dinging ]