Good morning. Getting right to the top story you can see right now, the dow jones is implied higher by 225 points, nasdaq still showing relative weakness given the technology selloff weve seen. This is coming after that massive selloff from the major averages yesterday the dow closing down more than 800 points slightly off the lows. In this situation, they are all coming off their worst trading day since june 11. Since monday, all are on track from weekly performances since june one sector snaps the heat. Snapping the win streak when it lost nearly 14 apple saw its worst day since the 20th losing that market cap, the largest loss of the biggest oneday record they lost more market cap just yesterday than the individual market caps of 470 of the s p 500 companies. That is how much money was lost by apple microsoft, alphabet, tesla saw market caps sink by 10s of hundreds of dollars. You can see tesla lost millions. Microsoft lost 115 billion. August unemployment report is due out. Expecti
In southwestern louisiana, about 30 miles east as a cat 4 a storm surge forecasters say could be 20 feet deep. Good morning to you. Reporter good morning. The rain is steadily coming down here as hurricane laura moves up the coastline or state line from lake charles up to shreveport where i am the rain is coming down steadily for the past several hours this storm has been downgraded to a category 3. Many concerns remain around heavy rain that could lead to flooding and the possibility of high winds that could impact trees and cause trees to fall and lead to downed power lines and outages much like we are seeing in the southern part of the state. Shreveport is one of the places folks were evacuated to from lake charles we are here along the riverside where folks are staying in hotels to get away from the storm but the businesses here are closed casinos here are closed. The cities in the area, the surrounding area, School Districts all closed for the day as they wait out to see what exac
President. A massive cleanup operation has begun the day off to hundreds of protesters stormed the citys Legislature Monday as violence left baby scattered all over the building at least use tear gas to clear the area of the demonstrators smashed windows and splashed graffiti on its walls all this on the day the government held ceremonies to mount 22 years since the end of british rule and hundreds of thousands joined a peaceful march when hate begins our coverage. After another day of protests in Hong Kong Police ran out of patience with tear gas and battens they moved in to clear the area around the Legislative Council hong kongs parliament its become the focal point of antigovernment rallies over the past 3 weeks because protesters believe its now largely controlled by mainland. China this time they had little choice but to flee and quickly disappeared into the night. The catalyst for the Police Action was a decision by the protesters to seize control of the Legislative Council afte
And abdullah is meeting the family of the pilot who was burnt to death by Islamic State. They say the blood of Muath Al Kaseasbeh will not be shed in plane. Aaron looking at that big highstakes meeting between the greek and german government. Its very likely the germans will just say, nein to greeces wish and things ronlare only getting worse for the new greek government because last night the European Central bank says its cutting off its chief funding for the countrys banks. Its midday in london 7 00 a. M. In washington. And 1 00 p. M. In brussels where nato is expected to announce its biggest reinforcement since the end of the cold war. Up to 5,000 troops will make up a Rapid Reaction force, ready to deploy at two days notice. This is, of course a response to fighting in ukraine, which has killed more than 5,000 people. Nato says russia is sending troops into eastern ukraine. Thats something, though that russia denies. Lets take you straight over to brussels. We can join Jonathan Ma
Several biggests on several different market topics today. And that is trader joe zikerman. Over his shoulder is highfrequency trader minaj narang. He played several trades while he tried to convince minaj that hes being trecheated. First sue whos in the house. Thats right. Thank you, ty. And were going to go directly to the nasdaq because that has seen the most dramatic selloff in todays trading session. The money may be moving into the bond market. Its decidedly, sheila, moving out of the nasdaq today. Over to you. Thats right. A very another ugly day here at the nasdaq. We were down 2. 5 on the composite on the nasdaq 100. At session lows right now. Traders say what is worrying them is how quickly we dropped today. Basically we took only 30 to 40 minutes to erase all of the gains that we saw yesterday. That kind of velocity is something traders dont like to see. As for the why were seeing such a big dropoff, traders saying you dont need a reason. You dont need bad Economic News or b