Murders. Those are events in which four or more people are killed. And nearly 9500 Gun Violence Deaths already this year. The president is using this moment to announce new Executive Action to tamp down, to try to tamp down gun crime. Hes also once again calling on congress to act on gun legislation. Lets begin this hour at the white house. Our Jeremy Diamond joins us. What is to come from biden today . Reporter listen, were going to see the president Layout A Comprehensive Gun Prevention Violence Strategy to address the surge in Violent Crime that happened over 2020 and appears to be continuing into 2021, with experts warning of a potentially dangerous and violent summer. Were going to hear the president sign some new Executive Actions on gun reforms. Hes also going to Push Congress once again to enact gun control laws. Press for the confirmation of his atf director. This will all follow a meeting between the president , his attorney general, and several mayors and chiefs of police as
Offshore this morning. Great news. Meteorologist shiri spear joins us from the fox25 stormtracker weather center. Shiri since the fox25 morning news came on air, sprinkles over nantucket and thats where it continues, rest is clouds, boston at 34, but the suburbs are in the lower 30s, so it is going to be a little bit cool, but this is actually kind of mild for a january start fog is problem going to be a bigger thing and visibility down to quarter mile, qualifies as dense fog and actually seeing things thicken up in lawrence and norwood and providence, rhode island, and straight down to the southcoast and the cape, so foggy situation actually getting thicker here in the last hour, and it is going to last with us for about an hour longer that means by 9 00 a. M. , most of the fog is lifting, still have low clouds, temperatures in the low to mid30s by lunchtime today and mostly cloud and he key time here is it is mostly afternoon and evening and patch rain showers at the coast and snow s
Seen in the dow just since yesterdays highs. We talked yesterday about the outside reversal we had and what that meant technically. Art cashin among others really focused on what this has looked like from a trading point of view even as people are arguing about the fundamentals and speaking of which, lets talk about a couple wacky things going on in this marnth. Ket. Well get you all angles covered. Why are mining stocks being routed . How come retail sales look so weak when gas prices are so low . Will europe come to the rescue next week with their version of quantitative easing . And does all of this add up to a global economy, bill thats healthy or in trouble . Let me show you the stock market and then we can talk about oil as well. The dow industrials as we said down 258 right now, a decline of almost 1. 5 . S p down 21 points. Decline of more than 1 at this hour. The nasdaq is doing better than the three. Down 39 points or about 0. 85 at 4622. Show you oil very quickly. Late today
What is typically a pretty tough time of the year for the stock market. We have a scary moment for facebook. Its cfo offering up the fact that teens may be losing interest in the site. I could have told you that. In my household, we call it fogey book. The stock has since recovered after that bombshell. Noted Technology Investor dan niles now out of facebook. Remember, he told you. So smart on this stock. He bought it below 20 a share. This week he sold all of his holdings in facebook. Why . And should you be out of facebook as well . Whats he fwoigoing to do with money . Well talk about it. Two big ceo interviews coming your way. Bob benmosche. Lots to get into including how it may be adjusting to the new Health Care Law with its thousands of employees. Also sprint ceo, dan hesse. Mobility a huge issue. If there may be more consolidation in the telecom industry. Softbank acquired 80 of sprint. Trying to upgrade the spectrum for them. Then on this halloween, easily the scariest, most h
Masters, golfs first major tournament of the year, its been postponed. The Boston Marathon has been postponed until september. Those moves following moves by major league baseball, the nba, even broadway, all taking their own precautions because of the outbreak. People understandably have a lot of questions this morning about their health, about their safety, about how their government is handling this pandemic. Were going to do our absolute best to answer those questions this hour. We have a team of doctors. We have the mayors of two of americas largest cities, los angeles and atlanta, but we start right now with the markets. Right now, as you can see, markets are up just a day after suffering the worst day in more than 30 years. Nbcs david gura is on the floor of the new york stock exchange. David, what are we seeing right now . Craig, markets are up, they surged when the market opened. Weve seen them fall back a bit as the morning has wornd up. Paying close attention to the secretar