You can talk about a world softening and fast but thats not it. What is going on is a sense of order. Get out of the way before more sell orders come in. That has the nasdaq in bear market territory. Slided better than 20 from highs last august. A significant development. It follows the likes of transportation stocks, the dow transports, which tends to show how the economy will do and follows what is happening with an average following Small Company stocks. You have three averages in bear market territory. The s p 500 and the dow even with their incredible skids today are still a couple Percentage Points away. What is doing it . Who will reverse it . Forget about a santa claus rally. Investors are saying santa, really . To fbns Kristina Partsinevelos with the nasdaq where theyre battling a ferocious bear. Kristina . Youre 100 right. It doesnt really have to do with the government shut down. Its the fear in 2019 of a economic slow down. Youre seeing a sell off in risky stocks. The tech
Washington with what lawmakers can do to strike a deal, ellison barber at the white house on what donald trump is planning to do and christina in new york city. Despite a market meltdown, christmas shoppers with lastminute deals. We begin with doug mikell way. Reporter we were number one powerful Committee Chairman leaders on both sides of the aisle were able to look at a situation like this, 1. 3 billion the democrats want for Border Security, 5. 7 billion the republicans ones for border wall and strike a deal. Split the difference, shake hands, call it a day and go home for christmas and spare the country this unnecessary ordeal, but that is not where we are in the 21st century. Weve seen it many times. Both houses will convene at noon today but they have nothing to do. A Skeleton Crew. Many members of left for the holidays, to the frustration of many including this one republican senator. If we stay in session everyone has to stay here and debate, keep everyone in the room, they fin
Get folks shopping and why wall street got to buying and greg palkot in hong kong. Grady what is the latest . Its like a seesaw lately. The markets going up and down based on whatever the trade war update is that day. Today its good news for investors. The trump administration, as you mentioned, announcing theyre delaying tariffs on certain made in china products. The tariffs were supposed to go into effect in about two weeks for the products that you see on your screen right now. Were talking about things that we buy and use on a regular basis. Everything from cell phones to laptops. Other Electronics Like game consoles and toys and shoes. Now the tariffs being pushed back until december 15. The president says part of the reason hes doing this is to provide some relief for holiday shoppers. Were doing this for christmas season. Just in case some of the tariffs would have an impact on u. S. Customers. So far theyve had virtually none. The only impact, weve collected 60 billion from chi
Some indications people are still there. Heeding the Evacuation Orders. While a category four now, its barely budging. The shelters are filling up. Thats the worry. Im reasonably confident that just how slow is this monster . People are taking this try 1 miles per hour. Seriously. I hope so. Neil now, for folks there thats slower than more people who, you know, resist the voluntary evacuation calls, can walk but more than most people check in on them, right . States can take. There is a requirement that if the governor declaring states of you list in a condo community, emergency one by one, florida, georgia, North Carolina, South Carolina have all prepared high rise, the people that run them are have to check up on residents for the worst. The trouble is nobody knows what dorian will do next. Everybody and pass along to authorities those that refuse to welcome. Im neil cavuto. Go, right . This is your world. Well, yes. What to make of a storm that listen, we have our public wont quit a
Mike, what is the latest there . Well, the latest is that were in the outer bands of the hurricanes. Comes and goes right now. We get some rain, we get some wind gusts that increase and decrease. Were in a lull right now. Were about two hours out of high tide or even more. As you look back to the water, the high tide just hasnt gone down much in several hours since we were at its peak. That may have to do with the fact that the eye of the hurricane is south and east of here. Its going to come closer and bring the rain, bring the Tropical Storm force winds in this direction and dump rain on everything in this area and bring with it the storm surge. That is key because the roads that connect where we are on the mainland to the Barrier Islands are very likely going to be under water in the middle of the night. People have elected to ride out the storm on the Barrier Islands close to the beach, those people will be stranded. In tybee island, the police force is down to a skeleton crew. Onc