The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, abov
Is Bloomberg Markets asia. It was a day for the record books. We have been constantly saying records for higher and higher. Pullback thathe everyone has been inspected but this is due to the aggressiveness. This is second only to the selloff of the top Credit Rating. This is the severity of the cell up when it comes to what we saw after brexit. It is worse than what we saw after china devalued its currency unexpectedly. David you hit the now on the head. We are not used to seeing days like this. Ground, thek at the we had consistent declines of over 1 , were looking that in the asiapacific. Look at the boards here. It took place in august of 2015. That is when china devalued its counties. These things dont happen to often. Is this a bear market . No it is not, it is a healthy correction. Do those conditions involved . Were watching the long end of the year curve. Watch what we are seeing across the measure of volatility. A lot of people were talking about but not a lot of people were p
Worth almost 4. 5 billion. Shares jumped the most in seven years. Singapore airshow, with the future of asian air travel and the cream of the aviation world in attendance, we are live at the airport. Let us know what you think about that top stories by following me on twitter. Dont forget to include trending business. Breaking news out of south korea, the central bank has kept its key Interest Rates on hold at a record low of 1. 5 . That is after cutting four times since 2014. Surveyed werests not expecting a cut, however in ars have been pricing rate cut very soon after japan adopted a negative Interest Rate, which kicks off today. Again, the central bank of korea keeping rates on hold at a record low of 1. 5 . Lets take a quick look at the korean trading. Down half a percent. The china and hong kong markets get underway in about 80 minutes. Singapore, taiwan and malaysia have just come online. Heres a look at what is happening so far. We werent expecting much of a change in terms of
Scott low in northern and eastern siouxland with some light fog which has spread through the region. Temperatures are in the 30s throughout the area and most spots are above freezing. The planner displays highs getting into the lower 50s. Lukas scott its time now to check on your forecast. Lukas the nasty war of words among the republican president ial candidates is getting even nastier. Now donald trump is t teatening to take senator ted cruz to court. And cruz is daring mogul to do just here is the latest trail. donald trump r president ial candidate you cant lie about people like that, its it is a dramatic escalation. Donald trump d ted cruzs fight. Boiling over. Their war of words now being dominated by legal threats. sen. Ted cruz r presididtial candidate one of the things i look forwawa to most of all is posing donald trump. Cruz. Outright daring donald trump today. Sing go ahead sue me. sen. Ted cruz r president ial candidate so donald, i would encourage you, if you want to file
Against her husband later this morning. The comedians attorneys are still fighting to stop it. But at this point, the deposition is expected to go ahead at nine am eastern in springfield, massachusetts. Eight women have sued bill cosby for defamation. They claim h h portrayed them as liars, after they publicly accused him of sexually assaulting them. Theyre among 50 women who have raised Sexual Misconduct allegations against cosby. He denies any wrongdoing. Lukas should gun manufacturers be held responsible for victims of gun violence . The families of the children who lost their lives in the sandy hook shooting believe so. And are taking gun makers to court. A judge will consider that argument later today when the lawswst brought by sandy hook families goes to court. Reporter Deborah Feyerick has details. It lasted less than five minutes. But when the shooting at sandy hook elementary finally stopped 20 children and 6 educators lay dead. One was david wheelers seven year old son benny