Just a moment. And bond yields rose t a near fouryear high and that was enough to batter stocks. Falling the most since august. The Dow Jones Industrial averag dropped362 points to 26,076. The nasdaq was off 64. S p 500 was down 31. Babb pass any has more on todays selloff from the new york stock he can change. The steep selloff continued today on wall street bringing the dow down 4100s after session lows. We havent seen that for a long time. Energy sem i conductors, industrials, key economic benchmarks wdae all down toy. Whats going on . Er there are s risks to the market right now. Call it a stew. Ri ng Interest Rates continue to be a big story. Bond yields are hovering aund fouryear highs. And with a potentially more aggressivehi Federal Reserve year, investors are starting to get a little bit nervous. Second there is the earngs question. Some would argue that the acceleration in Earnings Growth thatowered the markets higher will slow down the market next year. Finally sentiment lel
Reasons. We are here today to talk about the challenges that the Defense Industry and our Government Faces as a result of the pressure from wall street. How does that Quarterly Earnings report affect the ability of our government to innovate and protect us . He its a big question and its an important question with lots of ramifications for years to come. We have mr. Michael leskinen executive director of aerospace and defense. He is the wall street guy that is demanding all these things so he will have good insight for us. We have the managing director of ti u. S. Hes part of the 200 million fund that the government has with Silicon Valley to go out and require new technology and find the coolest things on the horizon that can really help us. We have secretary of the Navy Honorable Richard Spencer right here next to me and behalf mr. Mr. Michael strianese ceo of l3 technology who also is looking for a lot of this technology that he can then present to the secretary to see what it is th
Reporter in spite of the heavy rain, down pouring at times, more than 100 High School Students stood for an hour in a bus stop across the street here in palo alto. They chanted and persuaded drivers to honk their horns in support of gun control and a ban on assault weapons like the ar 15 which was used to kill 17 people at Stoneman Douglas in florida. Enough is enough. It could have been any school and it is not necessarily going to be a school but any place. It is up to us as generation, to change that and to change the way people think about this and it is not okay and it should never happen ever again. Do you think this will really happen . I think so. I think a lot of teenagers will say i participated in this before i could vote. Gun control isnt on the the answer. We need more than gun control. More security or some other way of adding more security. That was pj singh. A 14yearold freshman who wore his make America Great again ball cap. The raging nannies throughout the country. A
Up showers and thunderstorms for the afternoon. I will detail that coming up. Mike, you were saying the lanes u9 two separate incidents over here, that occurred÷ coming dow toward fremont. Looking at most of the roadways they also look well, getting wetter as kari showed that rain coming in. Westbound 21u i did hear abou tunnel. Reports are its in this area where the arrow is, but chp has to confirm any lanes blocked. No slowing as you see on the sensors heading toward highway 13 or that bay bridge toll plaza. You see slowing here and also that rain the highlighted green stuff over here in the north bay, its coming around so be careful. The bay bridge the live shot does show the backup for the cash lanes, looks like all the cash lanes have opened up so were starting to see that compressing toward the toll plaza. Again, fast track, good deal. Back to you. Back to breaking news on the peninsula. Overnight chase is finally over, but it started in sunnyvale and led to a neighborhood nea
This panel will look to what we can and are doing at home and internationally to counter those threats. Specifically, the panel will explore questions the rise of these threats and the parallel rise of the new world of ubiquitous connectedness and the internet of everything raise for policymakers. How do we protect connected societies . Whos responsible for what . What are the rules of the road . What are the ways where we think it a place where normative behavior is agreed upon internationally . Moderating the session we have john, probably the longest and oldest reporter covering this, going back to the 1970s. Writing the same stories until most recently. A reporter in the science section of the new york times. Part of a group of reporters who won the Pulitzer Prize for explanatory reporting in 2013. He has a book coming. Request for Common Ground between humans and machines. [applause] thank you, everyone. My panelists to my left, the director of the National Security agency. Suzann