Off in San Francisco. Salesforce Ceo Marc Benioff started speaking about an hour ago. Why the annual event that brings millions into the city could be up in the air. Im laura garcia. More on dreamforce in just moments, but first that breaking news out of washington surrounding the impeachment inquiry of the president. Speaker mccarthy made the announcement just after 8 00 this morning our time. It comes after tremendous pressure on the speaker from the right wing of the republican party. Scott mcgrew continues with the next steps. Good morning. The next step may be to find something specific to impeach biden for. That is presumably the point of this inquiry. Heres the speaker a short time ago. I am directing our House Committee to open a formal impeachment inquiry into president joe biden. This logical next step will give our committees the full power to gather all the facts and answers for the american public. Thats exactly what we want to know the answers. I believe the president wou
Today, tuesday, september 12th, 2023. Armed and dangerous. Police now say the escaped killer in pennsylvania has a gun. Neighbors are told to stay vigilant. Five former Memphis Police officers have been indicted in the beating death of tyre nigh nichols following a traffic stop earlier this year, why the doj is getting involved. Backing impeachment, House Republicans are one step closer to opening an impeachment inquiry of President Biden. Apple unveils a brand new iphone, the huge change thats coming that will impact all apple users. I dont know if i can handle another iphone change, kate. Its the charger, hint, hint. Were going to start now with this tra Dramatic New Development in the massive and urgent search for that escaped prisoner. It has been 13 days since Danelo Cavalcante escaped from prison. Before that shootout there was a new sighting of cavalcante about 20 miles north of the prison where he escaped from. Hundreds of officers swarmed that area and still were not able to l
Today. Its the pull back in small caps that got our attention earlier they, too, now, josh, have moved off of their low so should we be focusing today on this comeback for stocks intraday or the fact that for the fourth day in five both the dow and the s p are negative well, so its a really its a really outlying year just overall. We havent really even challenged the rising 200 day. The entire day in the s p. Not even the 50 day for most of the year so i think if we are to have a 5 or a 10 pullback from the highs, i just dont feel like anyone should think that thats out of ordinary or that it signals some kind of a shift in the broader trend which is higher just to reiterate. Were in a secular bull market that began in the spring of 2013 the move from the lows off of 01 is not relevant to this discussion and the secular bull markets can go on for yeefrms the Biggest Issue have you is the valuation issue, but youve had it now for most of the last three years, and the stocks that are the
Stocks are taking a hit again. However, were off the session lows the dow was down 166 points at one time now they are off by 91 points. The s p is on pace to close at about a threeweek low as for the nasdaq on pace for its lowest close in two weeks. The russell 2,000 is down for Third Straight day that index is down about 2. 5 for november thank you very much welcome, everybody the annual advisor out here well talk to some of the smartest minds about investing to the record rally, to the trump agenda to this low volatility market. Its high energy here. Were get the advisors take on the gop tax plan and some best ideas for the new year well hear from the ceo of schwab lots to get to from the windy city back to ireland bound bryan at hq thank you bow tie it is what most of you watch its less obvious but equally important. There are some potential warning signs flashing from one big part of fixed income. Its called the yield curve. Lets get straight to the trading action lets get to what
Evans. And im bill griffin. Weak day for stocks again. Off the lows, but not by as much as weve been lately weve seen a sell off each day this week and then weve come back come back a little bit but still down triple digits on the dow right now. Whats behind the move and whether this pullback is worth buying plus a top money manager from aria investments will give us her pick right now. Youll to want hear that coming up new developments for the at t time warner deal, including talk of a potential complaint coming from the Justice Department david favor will have the latest for us shortly plus you probably heard President Trump set to speak at the white house in the next half hour or so after returning from that 12 day trip to asia well bring that to you live as soon as it gets under way. Going to talk about a number of things including taxes and trade and other things as well lets start though with this sell off day, the dow down more than 160 points at its low this morning, bob has mo