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You can talk about a world softening and fast but that s not it. what is going on is a sense of order. get out of the way before more sell orders come in. that has the nasdaq in bear market territory. slided better than 20% from highs last august. a significant development. it follows the likes of transportation stocks, the dow transports, which tends to show how the economy will do and follows what is happening with an average following small company stocks. you have three averages in bear market territory. the s&p 500 and the dow even with their incredible skids today are still a couple percentage points away. what is doing it? who will reverse it? forget about a santa claus rally. investors are saying santa, really? to fbn s kristina partsinevelos with the nasdaq where they re ....
The popstar setting up official recognition kiosk during her rose bowl performance in may that scans people s faces as they walk through the california venue. authorities would then compare the pictures to hundreds of swift stockers to make sure they were not at the show. golden state warrior star stefan kerry walking back these comments about the moon landing. we ever been to the moon? we got of course he was kidding. he tells fbn he was, quote, 1000 president choking during the interview. i believe him but he will take nasa up on their offer to have him tour the lunar lab. here s a live look outside our fox news headquarters because fox news is the most-watched cable network of the year, third consecutive year on top after averaging 2.5 million primetime ....
Politics. steve: indeed. a way to get a movement going really really fast. steve: it looks like europe sun raveling. it is. the brits are leaving europe with this brexit. germany is leaderless. its solid almost bankrupt and in a huge fight over money with the rest of europe. and france, an open revolt. i call that unraveling. what is really unraveling is their idea of socialism. it s not sustainable. ainsley: is he going to fix it? change the lower taxes? brian: so far he is not budging. that would be an interesting speculation. we actually back down on this? steve: where would the money come from? we do that? he is in between a rock and hard place. brian: didn t bring up the other element. immigration. they are not happy with the open borders of people coming from other cultures. europe sun raveling. can t handle it. brian: watch from you 9 to noon on fbn. glad to hear it. ....
We ll still stay on top of this. recounts going on in a number of other states and what will be a fresh count going on in particularly states where it was close to begin with. arizona and georgia comes to mind. more on that in a second. the big development today, not just the sell-off but the idea that energy prices are collapsing, oil is collapsing. the flip side of that means that if oil is in a bear market, down 20% or more, that means you will soon be paying less at the pump and less for heating oil this winter and that frees up more of your dough for other things like christmas shopping, that sort of thing. fbn s ashley webster on the implications of that. hi, neil. the markets are very skittish place these days. we have factors on the markets and the psyche of the investors. one is a dramatic fall in oil prices. the price of crude has fallen to ten consecutive sessions. ....
Strong start on wall street. 316 point gain on the dow. charles payne, host of making money with charles payne seen on fbn. all right. here we go, monday morning an hour into trading. why shufp a move? now we re so browbeat en in the month of october we don t want to embrace upward. you get a ham sandwich and come back it could be down 300 and what the heck happened? we don t want to get too excited. a couple things playing out right now. the big news is ibm made a huge acquisition, $34 billion which is interesting. they re part of the dow and it s down. if it was up the dow would be up more. i think it was a good deal for ibm. they should have done it years ago. they ve spent billions on their own stock. the largest build, they want to get in the software cloud race. the good news, it also sort of reminds us that a lot of stocks ....