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Since february. Chinas main index shanghai closed down 7 in a fourth straight day of declines. Again, well keep you updated on the u. S. Stock exchange. This morning, Philadelphia Police are still looking for the man who gunned down three people in north philadelphia. Several neighbors called 911 after hearing gunshots just after 6 00 last night. Police got there to find three victims, including a woman shot several times in the stomach. A man was shot in the foot, another man in the leg. Nine shots were fired from two dimpktd guns and the shooter was standing up with his upper body out of a mini van sun roof. All i was hearing like, gunfire back to back. Somebody needs to do something about this. This is crazy. All the victims are expected to survive. As of now, police are looking for those involved. What witnesses describe as a gold van. Police have witnesses and are reviewing surveillance video. Take a look at this. This i ....
We have the sound from the cockpit on several near disasters. Also today, is best buy back . The company reporting big numbers today. Profit doubling from a year ago. And look at this stock. It is up 62 since february. Not bad for a company that many people thought was about to go away a couple of years ago. And a brandnew report on housing for homes 1 million and up. First, though, lets check in with sue at the nyse. Hi, ty. And we will get to the story about those minivans in just a second. But first, to todays hearing on takata air bags on capitol hill. These bags are in millions of cars in the u. S. , and Safety Advocates say they are deadly. Phil lebeau is live in chicago with some of the details on that. Hi, phil. Hi, sue. Takata air bag hearing just wrapped up on capitol hill. Really it raised more questions than it answered. First of all, takatas executive, the one who is he said when they were asked by senators, look, y ....
The indices ahead of the feds. Dia is down. You have the qqq, the qs down. 5 . The spy that tracks the s p 500 and that is lower. The iwm that tracks the russell 2,000 and that is down. There is the tenyear note, the yield at 2. 02. Gold up at 11. 53 an ounce. The euro is down i guess the euro is up against the dollar at 1. 06 and west texas crude is down another 2 . Look at that 42 quote on west texas crude. Lets get right to our senior economics reporter Steve Liesman on a roof somewhere in washington. On the feds roof. And i want to spend a minute because certainly someone just tuned in and said why are people spending all this time on the wort patient and why does it matter . And the reason why it matters so much is it gives the fed flexibility to hike Interest Rates. That word meant they would not hike Interest Rates ....
Nasdaq was strong. Technology, one of the better performers on the day. Investors betting lawmakers will reach a deal on the debt ceiling and avoid default dont. John harwood with the latest developments out of washington. Down to the wire, what can you tell us . It is down to the wire, but they are going to reach a deal. The senate expects to vote within the next few hours on that deal. Expect an overwhelming bipartisan vote in favor of the deal struck between harry reid, democratic leader, mitch mcconnell, that would reopen the government, extend funding through january 15th, lift the debt ceiling through february 7th. And that deal is expected, as i said, to go some time between 5 00 and 8 00. The house will take it up. They could be done in the range of 10 00 to 11 00. The bill would then go to the president. I just spoke to a House Republican who said that the at the L ....
Hey a Christmas Morning surprise brings a grandfather to tears. So what was in that hat . The answer today, wednesday, december 26th, 2012. Announcer from nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on a wednesday morning. Im sav annah guthrie. And im willie geist in this morning for matt. Interestingly enough that reaction we just saw from that man, the same reaction you had when you opened that set of one direction dolls. Funny, i was going to say that was your reaction when i gave you that fruitcake. Little tough but nice nonetheless. Record number of Christmas Day tornadoes. Part of the system thats being blamed for at least three deaths. Now its heading our way. Well have the latest straight ahead. Also this morni ....