Hell be here to explain why and what it could mean for the markets, as well. Speaking of the markets, 24 hours from now much of the country in the grip of a winter storm that could literally hitting at the worst possible time. For anyone trying to get home for thanksgiving. Guys down here thinking it may be affecting volumes. Well have the latest on how bad the storm will be, how long to last and where exactly it will hit. Also, the other story were all keeping an eye on at this hour. Law enforcement officials in missouri are bracing for what many fear could be a second night of violent protests. Property and businesses ransacked and burned in the wake of that grand jury decision not to indict Police Officer who shot Michael Brown in august. We will be speaking with the owners of one particular local Family Business there in ferguson who watched their livelihood completely destroyed overnight. And they want to know why it was allowed to happen. And those are questions that are being as
This is. Is continue arab springlike movement under way . How hard will china crack down . The white house also weighing in. We are on the ground live in hong kong with the latest on this tense and developing story. Most stocks are down recently. Not this one. Look at that. From 626, up. Gopro shares on fire. All time high today 260 since i mentioned it went public back this june. The Company Unveiling its latest camera. We will have some of them here. Will it help fuel sales higher. Gopro in join us live. Its a volatile day. Stocks off their lows not by all that much, though. We started the day with a triple digit loss. Clawing our way back. We moved up to about negative 42 and now down 80 again. So volatility definitely intact today. Down 80 1 2 on the dow jones. Nasdaq up almost 12. S p 500 off 7. 75. So an interesting way to start the week. Bob pisani joins me now. We had a lot of weakness in some emerging markets. You heard about the demonstrations in hong kong. But look at the s
U. S. Equities and we are at this point at this moment the dows down about 3. 3 from its most recent peak. The nasdaq the russell, the s p all down a like amount right now. Lots of key levels to watch today. The fact below 50 in wti crude, some of whats happening in the rate space and waiting to talk about that but again were starting off the year in a trading session that people love to extrapolate for moves from here on a weak note. It goes without saying this final hour will be very instructive. Do they start to buy on the dips . They havent yet. Or do we get even more selling come into the picture in this final hour . As mentioned, as we get into this final hour underway here the dow off 340. Nasdaq off 1. 7 . The s p off almost 2 and biggest decliners in the dow are energy names and also the financials. Theyre also a Big Industrial name like caterpillar and a lot of other companies with international exposure. Last we checked two components of the dow are positive. Merck and cocac
Energy actually is the Leadership Group with oil touching that fiveyear low and then getting a little bit of a bounce and energy names with it. Lets talk about the markets. Joining us now is dani hughes and kenny pulcari, diane gartnick and our own rick santelli. Dani, what do you make of todays move . It occurred to me months now we have one story of the stock market. Its great. Commodity and bond market tells us theres manager to worry about. What does today tell you about where we come down on the question . We dont know. We have seen the market fall off dramatically today and come back dramatically, as well. The underlying issue of oil and oil prices is big one and you see the dichotomy, as well. Consumers are benefitting and you see housing prices rising, as well, so they have a lot of juice in that and then the job recovery, as well. But then you see Oil Producers getting hit very hard and the concern about the price of oil and domestic Oil Producers and how to make money going f
Of the last 12 sessions. Were keeping an eye on oil. You saw that a moment ago on power lunch down to 48. 80. Its been the worst performing sector on wall street so far today, kelly. Meanwhile, huge news. The fcc voting to regulate the internet like a public utility. Well hear about the opposing views on this controversial ruling. Plus, a big lineup from d. C. Alan greenspan and sheila bair and Richard Trumka. Well get you caught up on the dow. Its down and s p is down 9 and theres the nasdaq. Yesterday, the first minus sign that weve seen in a couple of weeks but up three points. Joining me at the New York Stock Exchange kathy jones from charles schwab. We have Heather Hughes and jim lowell is with us today without a bowtie i dont recognize you. Doug gordon and welcome back Rick Santelli there in chicago. Ill start with you, mr. Market. While you were gone we had the testimony from janet yellen the yields continued lower, oil continued lower. What is the market telling you as you come