There is a tumble on the growing u. S. Industries. Decade, asore than a the pandemic rages on. It is also slashing its final dividends. Big tech is a warned that it may lose Legal Protection over user content. Lawmakers are accusing tech shery lets get you started with a quick check of the markets. We are saying u. S. Futures, online higher at the moment. This is after u. S. Stocks tumbled by the most since june. Check is leading all of the sectors. Tech is not really acting like a haven today. Lets see how things are shaping up for the asian markets. Heres Sophie Kamaruddin in hong kong. Sophie after that steep drop that we saw for u. S. And european shares, expect losses to continue. In asia. It is the busiest day of earnings for china. In australia, we have all of these futures falling to the lowest since october 5. This is after a report of a 40 a 42 slump in profit. S may be facing a tumble. Bullion fell. Is picking up steam. We may see some slight tweaks to its quarterly forecast
Arrows dow futures indicated down by about 260. Weve seen down 300 this morning. Nasdaq also down sharply down by 200 points and the s p 500 down by about 37 so significant declines after two other days of losses also playing out in the treasury markets as well. If you want to take a look at what is happening there, yields have gone down, right now the ten year is yield iing below 0. a lot of this has to do with renewed lockdowns in europe. Lets get to karen cho who has more on what is happening there. Thank you very much we are witnessing losses across the markets as we contend with more news flow around more severe restrictions. Weve been hearing the last couple hour 24s that there may moves announced later on today, reports from various Media Outlets suggesting that london will move to a tier two restrictions the london mayor has spoken suggesting that the Health Secretary will reveal the changes in the house of commons. No mingling between households currently there is a rule of si
Of something wrong came mid morning. We had the report of 16 firefighters that were possibly exposed to Carbon Monoxide. Reporter the firefighters were assigned to the glass fire, but werent actively fighting flames when they fell ill. At an offsite location from the base camp unrelated to the fire area. Reporter they were taken to the fair grounds and were examined on site. Of those 16 firefighters, one firefighter was transferred to a local hospital for further evaluation, and all of the other firefighters have been released back to duty. Reporter investigators are trying to determine what sickened the firefighters including the source of any Carbon Monoxide. The victims were part of the same group of firefighters. It was an Engine Strike Team assigned to the incident. So a group of five fire engines with 16 personnel on it. Reporter firefighters are usually the ones responding to Carbon Monoxide which is known as the silent kill person symptoms include nausea, headache, and confusio
This company will capsize. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2010, Justin Romines started rayjus with his fishing buddy, ray odom. Justin if you take the graphic stuff out of there, i bet you its almost. Lemonis as 50 50 partners, their goal is to bring professionallooking sports shirts to amateur fishermen. Katie we only need five small. Justin okay. But were short this material for all this . Katie correct. Lemonis with little experience in the apparel industry, they set up a fullservice operation in lawrence, illinois, where they cut, sew, and print customizable garments. Katie i expect at least two to three more of these today. Justin we
The president s message threw cold water on wall street which was positive in the early going today. The dow ended the day down 375 points, just over 1 . Nasdaq lost 177 points and the s p fell 47. House Speaker Pelosi blasted the president s move saying President Trump is putting himself ahead of the country. The coronavirus continues to impact the United States at the highest levels of government. Today the joint chiefs of staff and top u. S. Military leaders went into quarantine. This after coast guard admiral charles ray tested positive for covid19. General mark milay and the chivas the army, navy, and air force have tested negative for the virus. They attended meetings with admiral ray last week. Its not clear how the admiral contracted the virus, but its not believed to be related to the outbreak at the white house. President trumps Senior Advisor Stephen Miller has tested positive for the virus now. Miller has reportedly been working remotely for the last five days. This comes a