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Weve got it in the studio this morning. It is wednesday, february 26th and fbn a. M. Starts right now. Feel the rain on your skin. No one else can feel it for you. Only you can let it in. No one else, no one else can see the words on your lips. Treat yourself in words unspoken. Lauren good morning welcome to fbn a. M. Im lauren simonetti. Cheryl good morning, everybody. Im cheryl casone. Another wild ride for everybody today. Lauren lets take a look at how your money is moving this morning and we have more selling. The s p has lost for perspective 1. 7 trillion in value this week, dow is down 221 this morning, s p is down 18, nasdaq is down 66. Fears of the coronavirus spreading, really making investors nervous. Cheryl oil and gold right now, oil we see the selloff continuing this morning. That contract is down 1. 5 . Again, think about consumption in china and now other countries. That is affecting oil. Gold is the opposite, a little bit of a bump here. That safety play continues. Lau ....
Maria big show this morning, joining the conversation fox business Dagen Mcdowell, the host of the secrets of wealthy women podcast veronica is here and entrepreneur kevin oleary. Do you want to take money to the sidelines until a deal is done . I come to the conclusion the market wont care because whats really occurring here is we have back tax, valueadded tax on chinese goods and they have been absorbed quite efficiently in the u. S. Economy, every other g7 has a back tax, we have one just on china. I dont care if they continue to ratchet up the tariffs because i think its the right way to get a deal done. Maria youre in on this. People were expecting recession or some sort of recession in 2020, not hearing that nearly as much anymore. Maria absolutely. Whats predicated on that is theres a trade deal, we will see a pullback in market in 2020. Dagen market has told you that the ....
cities and towns, this after severe storms ripped across oklahoma and parts of the central u.s. this morning, more than 50,000 without power in the region. at least nine tornadoes touching down in oklahoma and kansas. wind gusts equivalent to a category 3 hurricane about 120 miles an hour battering texas. ahead, the latest on the storm s and what s to come. plus, at least two people are dead, three others wounded after a drone attack in ukraine. this as the u.s. is now warning that china will face penalties if beijing provides russia with drones and ammunition, as u.s. intelligence indicates, to aid russia s ongoing invasion of ukraine. we do begin this hour with the latest on those severe storms and tornadoes. cnn s senior national correspondent, ed lavendera is in norman, oklahoma. cnn meteorologist chad myers standing by with the latest forecast. we want to begin with you, ed. some pictures there, just alarming. tell us what you re seeing on the ground. reporte ....
alex murdaugh the disgraced former south carolina attorney will be sentenced after a jury found him guilty of killing his wife maggie and 22-year-old son paul. the jury deliberating less than three hours thursday afternoon, this follows more than a month of testimony. the convicted murdaugh on two counts of murder, two counts of possessing a weapon while committing a crime. one of those jurors speaking out on abc this morning. about 45 minutes later we after all our deliberating, we figured it out. that s really fast. the evidence was clear. the state says it is not seeking the death penalty, instead prosecutors are pushing for life in prison without the possibility of parole. the judge denied a defense motion to declare a mistrial saying there was overwhelming evidence to convict murdaugh. the main prosecutor also spoke after the verdict was read. justice was done today. it doesn t matter who your family is, it doesn t matter how much money you have or peop ....
we ll leave that at that. before announcing sentence on these cases with regard to all of the other pending cases, are any of them here in kco collite? i believe some of them are, and have been in buford and other places. we may have worn out our welcome here. and i will thank all of the sheriff s office, and i know that mr. harpootlian has sacrificed many, many things, and to have the attorney general here, mr. alan wilson, to be here along with everyone else, it has been quite a sacrifice, but there are other victims whose cases deserve to be heard. and this case has jumped some of those other cases, perhaps jumped it because of the case assaulting the integrity of the judicial integrity of our state, and even in this trial, the law enforcement have been maligned for the past five or six weeks by one who had access to the wheel of justice to be able to deflect the investigation and as the evidence has pointed out in this case, looming storm that mr. waters talked ....