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Why it is taking down the markets and white finding an answer, it always seems to come down to the last minute. The storm hitting the midwest and it is now hitting the northeast. Oh canada, out of work americans are heading north to find jobs. Top of the hour. Time now for stocks. Nicole petallides on the floor of the new york stock exchange. Nicole we are down about 72 points. The vix, the fear index, has an up arrow today. Commodities are pulling back a little bit. I want to take a look at a name that is on the move. It is deckers. You may not necessarily know that you know what it is all about. You know uggs. It turns out they are quite popular. While that chatter has been around, they will give decker a pop. Could merge with timberland. We will be back at you in 15 minutes. For the first time in nearly 40 years, between christmas and new years, it comes as lawmakers continue to scramble to get a fiscal cliff deal done. Rich edson has the latest. Rich they are considering legislatio ....
it took longer than anyone wanted bud tonight for the first time in almost three months, bp is saying it has stopped the flow of oil from its well. video from an underwater camera shows the oil has stopped flowing. allie rasmus in our news tonight. reporter: from bp to the president, the reaction to the room was one of cautious optimism. while pp was successful in capping the well for now. they emphasize that this is only a temporary fix. large spots of oil continue to flow, but under the water, these cameras were a common sight. i can t say it s not an exciting day, because it s been a long time, it s been 86 day i think since since we ve had oil flowing in the ocean. reporter: bp successfully stopped flowing crude. bp had been testing a cap on the well and had in the last few days gradually stopped the oil. we ve been slowing using mechanisms to try and close the flow. reporter: over the next few days, bp will test the well to see if it can with stand. presi ....