Wiped out. Were back to where we were right after the financial metdown. A lot of people are wondering how many arrows are left in the feds quiver. The president is taking Emergency Action of his own. He is already Restricted International travel. Of course for School Systems across the country, comprising now better than 11 million kids, theyre closed and a lot of kids sort of have to, technologywise do their classes on their home computers. I can tell you as a parent of a couple teenagers good luck with that. Meantime the Global Impact is clear, as one market after another sells well off into bear territory. Deirdre bolton following all of that. Bolton, we are jolten. A tough start to the trading day. The fed seemed to make more traders anxious than not. The fed, neil, you know this, basically what the fed has done in credit crisis over seven or eight month period t was done within hours this weekend markets reacted in the first 10 seconds. We dropped on the s p 500. We had a 15 minu
Daybreak asia. Thisr top stories wednesday, new questions about President Trumps many deal that says chinas higher purchases of agricultural goods depend on a reduction in u. S. Tariffs. The imf cuts its outlook for the fourth straight time. And sterling reaches a new high on high optimism about a new brexit deal. Shery breaking news out of south korea. The jobless rate ticked up to 3. 4 in september. The estimate was to gain from 3. 1 , so the Unemployment Rate higher than expected. We have seen weakness in the private sector, south korea very exposed to trade tensions and slowing global demand, although we have seen passage of that extra budget in august, which could provide support for labor markets, but so far september unemployment at three point 4 . Australian markets just open. Lets turn to sophie. Sophie. Sophie sherri, shares in sydney are breaking ground, advancing fifth straight day, in tokyo the nikkei 225 open. It fresh 2019 high with valuations below the fiveyear average.
Earnings. Michael kors go shopping. The retailer will acquire jimmy choo for 1. 2 billion. Big deal in retail. A mixed opening for broader average. Dow industrial opened a 20point. Nasdaq in negative territory. Take a look in germany. Investors eyeing a report on Business Sentiment that hit a record high. One half of 1 . In asia overnight, artist and the flatline as you see there very much fractional move. Korea was the big mover down one half of 1 . Justin bieber says sorry to his fans. While the singer can serve the remaining dates on his tour. Journey to talk about it, fox business upper dagen mcdowell, Jon Hilsenrath of real killer Politics National political reporter, Caitlin Harry burns is here. Great to see you. Dagen amnesty appeared maria amnesty appeared dagen great to see you. I was searching the data listening to the coverage when i was driving around southern virginia. Listening to the Democrat News network. It is amazing how all of these other media outlet cover the presi
This is what it looks like right now in without snow on record. But there is a possibility of some flakes today. Especially in the high country. We sent 9News Reporter Andrew Sorensen up i70. In search of those first flakes. Andrew. Hows it looking up there . Elect donald trump planning some strict immigration laws the mayor of denver has a message to undocumented immigrants you are safe in our city. Trump is threatening to cut federal funding to any city that ignores his immigration law. But mayor Michael Hancock says its the federal governments job undocuments immigrants not local government. And says that would not be in the denver spirit anyways. The mayor did say though he would not support a declaration like one made in san francisco. It ordered city workers to not cooperate with immigration agents. An emt is getting attention from police not for saving a life, but nearly ending one prosecutors say fort collins emt Jason Schneider shook his nine monthold son causing head trauma.
Bloomberg. Com. Lets check markets in asia pacific. In new zealand, down a quarter of a percent, the new zealand. Ollar at . 70 the strength of the kiwi weighing on equities and exports. Over to japan, futures trading in chicago, and it is pointing to a much lower open from fridays close, the japanese yen continuing to rise. No trading inket, australia, a Public Holiday for the queens birthday. Morning,tory this president obama says a massacre at a gay nightclub in florida is an attack on all americans. It is being investigated as an act of terrorism. By a lone 53 wounded gunman in the worst mass shooting in u. S. History. We have yvonne man with the latest on this. Asnne the attack happened 300 people were dancing and drinking. People described chaos and horror with dozens dead and injured as survivors rush to escape. Ae assault was followed by threehour standoff with people trapped inside becoming hostages. Teams form thelt ves tosetting off explosio distract the gun man. We are deal