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The dow is now negative for the year. Its accelerated throughout the day and the major averages closed at the lows of the session. All 40 dow stocks finished in the red yesterday. 97 of the s p 500 and 96 of the nasdaq closed lower. All ten of the sectors were down at least 6 . Heavy volume throughout this. We saw 4. 3 billion sharls that were traded on the nyse. More than a billion more than the average. And as for volatility, take a look at the vision. Youre going to see right now that the vision is up about 27 . 16, almost to 17 at this point after these incredibly low volatility rates. We knew that when things changed, they would change in a hurry. Yesterdays selloff means that the dow and the s p had their first monthly decline since january. The dow and the s p dropped nearly 2 in month of july and it doesnt end there, folks. If you take a look at the futures this morning, youll see there are more red arrows. The dow is now indicated to open down by triple digits. A decline of 11 ....
Its debt. We are three days from potentially hitting the debt ceiling, a move one bank ceo says would be a very rapidly spreading, fatal disease. We are on the grown in washington with the latest details. The deadlock in washington is weighing on stocks today. We are counting you down to the market open 30 minutes from now. Netflix coming to a cable box near you. A new report says the streaming Video Service is in talk with cable providers and shares of netflix are higher in the premarket. Still, no agreement on ending the Government Shutdown. Now in the 14th day. Nor on raising the debt ceiling. The biggest leaders in banking sounding the alarm at the International Institute of finan finance conference in washington. I was a moderator at that event. Jamie dimon painted a pretty bleak picture of what could h ....
Businesses. Another twister hit Pearl River County in mississippi. Blowing insulation into trees and peeling back walls of homes. There were some injuries reported there. But no deaths. Judging from some of the damage we witnessed today, its a miracle that no one was hurt any worse than they were. In this truck. And kept us from being sucked up in the tornado. Reporter further east in the state, in stone county, Theresa Mason and her boyfriend took shelter from a tornado inside their truck. It started jerking us and spinning us. Reporter the same fastmoving storms brought blizzard conditions to parts of the countrys midsection. Causing a 21vehicle pileup in Oklahoma City. And the system is heading east, bringing with it treacherous conditions on the day after christmas, often a busy travel day. Enough of a threat for s ....