The president s campaign, and any russia relations to it. The commander in chief holding a customs and Border Protection roundtable in this hour, set to begin in just a few minutes. Immigration reform agenda will take center stage at this hour, but you can bet if there is any opportunity for reporters to ask questions, they will ask about that fisa memo, and the concerns that it brings about the fbi and quite frankly about security in this nation. Well bring you the president s comments from the event as soon as we have them. I promise you that. But in the meantime, fear, yeah, you could say its crippling wall street at this now hour. Not entirely. The vix is surging, this is the socalled fear index. That level of 17. 14 is the highest level since august. The higher it goes, the more fears in the markets. Spiking 26 . The dow meanwhile sitting near session lows, shedding 500 points, call it 563. 95 right now and, of course weve got 59 more minutes to turn this around, keep it static or
Things happening . And then i real off the positives even though the averages are spending most of the time in the red lately. Unlike today the dow dropped 100 points. S p declined 0. 63 . Nasdaq fell 0. 4 . Give it a try beginning with pet smart. Why on earth is someone paying 8. 3 billion to buy a pet store chain for 83 per share, the biggest leverage buyout of the year. 28 bucks above where the stock was seven months ago. Its not like its an amazing company. This chain is problematic. In nature frankly. It has been viewed as total amazon prey for several years as it missed quarter after quarter starting in 2012 and considered and also ran with slowing samestore sales, second rate omni channel falling by the wayside. It had been downgraded and downgraded and downgraded more. It became the butt of many jokes. Including that if amazon could ship pets, pet smart would have no more business. And in the meantime pet smart was starting to turn around but the brilliant web acquisition. An i
Markets, we are issuing general licenses permitting transactions that were otherwise be prohibited under the executive order. These include a 30 day wind down. Certain dealings in specified debt instruments that trade on secondary markets and certain dealings with u. S. Entities owned or controlled by the government of venezuela. Also, the executive order carves out shortterm financing for most commercial trade, including the export and import of petroleum. This executive order builds on a number of actions taken by the u. S. Government to prevent the flow of funds to maduros regime. In my first day in office, i was with you here at this podium when the Treasury Department designated the venezuelan Vice President under the kingpin act and this year alone, we have sanctioned 30 venezuelan officials including maduro himself. We urge those within the regime, including those who have been sanctioned, to distance themselves from the violence in the dictatorship. President trump made it clea
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