Elias top five this morning. Elias the overnight cold weather and rain lead to a build up of icy on trees and powerlines in central iowa. Due to the ice, Power Outages were reported around the metro, local five even had its power flicker off for a few minutes late last night. There were a couple reports of broken limbs falling as well. Elias in the number two spot this morning. Elias the west glen towncenter super target had to shut down last night due to a fire. The flames came from a fryer in a kitchen area for employees. Most of the fire was put out by the time fire crews arrived on scene. The entire store filled with smoke though. So all the Holiday Shoppers and employees had to go outside. Elias the third thing you need to know before you walk out the door. Elias during his trip through africa, pope francis delivered a stern environmental warning just days ahead of a key Climate Change conference in paris. During a historic mass in kenya, the pointiff urged politicians to Work Tog
The men involved with the investigation who says the missouri water patrol killed the West Des Moines valley grad. Local 5 news midday in hd starts now. We are iowa elias good morning and thanks for joining us for good morning and thanks for joining us for local 5 news midday. Im elias johnson. This thanksgivingtak ing place less than 2 weeks after those deadly attacks in parishas the nation on a heightened state of alert. Elias but Security Officials are all saying that they are working to keep america safe during this time of thanks. Abcs lana zak has todays top story. Thanksgiving traditions. gobble gobble nats from turkey pardons in dc. Sot obama it is hard to believe that this is my seventh year of pardoning a turkey. Time flies, even if turkeys dont. laughter . To the macys thanksgiving day parade. parade nats and through it all an extra emphasis on security. Number of officers we will have the largest number of them weve ever had d this event, over 2500 among the thousands of ny
The dow plunging through. S p 50 plunging 3. 27 . Nasdaq diving 3. 03 . Thats the worst start for the dow ever. You can go back to 1928. Dow has never been down more than 5 until now. It is the worst trading days for the s p as well at the beginning of the year. Throughout tonights show im going to talk about the proximate causes of going down. I do not like this market. I said from the moment that the fed started tightening that from now on we will be fighting the fed. Theyre not our friend. Theyre not our mortal enemy but theyre not our friend. Ever since the bottom in 2009 the fed was there to help us, or at least not hinder us. Were down 6 and we would finally be free of the chatter about what would be their next move but no sooner did they raise rates than they began to tell everyone that their job is many as four times this year. Since then this horrendous sell off in china. Its similar to the Destructive Force that descended upon our markets last august. Back then if you recall
Nasdaq diving 3. 03 . Thats the worst start for the dow ever. You can go back to 1928. Dow has never been down more than 5 until now. It is the worst trading days for the s p as well at the beginning of the year. Throughout tonights show im going to talk about the proximate causes of going down. I do not like this market. I said from the moment that the fed started tightening that from now on we will be fighting the fed. Theyre not our friend. Theyre not our mortal enemy but theyre not our friend. Ever since the bottom in 2009 the fed was there to help us, or at least not hinder us. Were down 6 and we would finally be free of the chatter about what would be their next move but no sooner did they raise rates than they began to tell everyone that their job is beginning and might tighten as many as four times this year. Since then this horrendous sell off in china. Its similar to the Destructive Force that descended upon our markets last august. Back then if you recall the fed was about t
Proximate causes of going down. I do not like this market. I said from the moment that the fed started tightening that from now on we will be fighting the fed. Theyre not our friend. Theyre not our mortal enemy but theyre not our friend. Ever since the bottom in 2009 the fed was there to help us, or at least not hinder us. Were down 6 and we would finally be free of the chatter about what would be their next move but no sooner did they raise rates than they began to tell everyone that their job is beginning and might tighten as many as four times this year. Since then this horrendous sell off in china. Its similar to the Destructive Force that descended upon our markets last august. Back then if you recall the fed was about to pull the trigger on rate hike but they thought better of it. Now then theyre buying. They have chosen to make one input matter more than any other rates and thats the only input. Its not that noise is plummeting and easing inflation. Its that hiring is good which