Stimulus and higher bonld yields as well which reversed and went the other way. Dows down almost 300 points is this art of the deal or do traders really need to pare back their bets over stimulus lets get right to maike santol for the market reaction. What stands out to you right now . First of all, its an incredibly clean test of where the market was and what it was trying to bake in over the course of this rally which as will fred said was whats really fascinating too is the news came as the s p 500 was just hitting these levels that everyone has been saying oh were going to give room to this rally to get to 3425 and then well see what happens we were just above that in the afternoon and then we had this little reflex. I would caution everybody to keep in mind that we dropped to where we were trading yesterday morning right after the close. So there has been a little bit of a head of steam and builtup gains in this market this doesnt necessarily completely alter the premise of what w
China the stock set to add 100 points to the dow in todays session. There is a countdown to election day 41 days to go, former Vice President joe biden heading to North Carolina today, meanwhile President Trump also getting ready to announce his pick for Justice Ginsburg Supreme Court seat, democrats threatening for pack the court if it is filled before election day. Justice ginsburg will lie in her pose at the Supreme Court building and then on friday she will become the first women in history to lie in state at the u. S. Capitol building, also happening on capitol hill, dr. Fauci will testify before the senate at 10 00 a. M. Eastern and Jerome Powell will testify before the house select subcommittee on the pandemic. And the president expected to speak to veterans and their love and a coward. It is a live action show today and Varney Company starts right now. With your help, your devotion and your drive, we will keep on working, we are going to keep on fighting and we are going to kee
1. 4 in the fourth quarter. Still looking at recession in japan. We will bring you all the latest developments out of the ecb president. Stock markets closed in the u. S. , of course, but futures are trading higher, take a look. 228 points the market closed all day in observance of president s day. A scare in sky from a flight traveling from london to new york, laser forcing pilot to turn with more than 200 passengers on board. Authorities are still working to find the source of the laser. Kobe bryant with final appearance in allstar game yesterday. Hes retiring after 19 years in the league. Two Video Tributes in his honor before the game began. Death of Supreme Court Justice Scalia sent shock waves over dc in the weekend, major issue to name replacement. Peter barnes is following the latest in washington. Peter, good morning to you. Peter politics of all this pretty simple, president obama should template the next president who might be republican, of course, appoint a replacement. Th
The iowa caucus. And look at this, isis retreats in ramadi liberated, thats without american boots on the ground. How about that . Oil down, stocks down, gas a buck 99, amazons stock of the year . Maybe. Varney company about to begin. All right. Severe weather in the south, tell you about it, this is sad news indeed. Tornados in the dallas area and east texas killed at least 11 people overnight. Homes leveled, power lines down across much of dallas county. Meanwhile, blizzard conditions are forecast, heavy winds gusting over 50 miles per hour, snow accumulations up to 13 inches drifts to ten feet and very likely in some areas of north texas, southeast new mexico and the oklahoma panhandle today. Thats the weather and how about those markets . This is how were going to open on monday morning right after christmas. Were down about 80 odd points for the Dow Jones Industrial average. The price of oil is down, were back to 37 a barrel, so that same relationship holds this morning. Oil down,
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