Points all over the place. S p futures on the disorder by 13 points in the nasdaq 100 futures up 49 points. Lauren all of this is playing out in the vix measure to its biggest percentage came in history up 116 . Volatility off the hook. Connell meanwhile, look at rons after falling yesterday on the yield on the 10 year treasury yield up a little more to just under 2759 is what we have this morning. A lot of people talking about the Computer Trading whether bonds, stocks and how quickly these have come over the last couple days. Lauren can gauge the sentiment of a computer. It opened down 3 , but as you can see now, the sea in london done close to 2 as are the other major averages. Trained to asia had our good indicating japan down by four and three quarters of a percent. Almost 5 . The shanghai composite down by more than 3 overnight. Lauren investors also unnerved out for the website us for discount brokers and mutual funds went down after the market sells off fiercely. We will tell you exactly what the fact day. Fbn am starts right now. Connell 5 02 in the morning february 6th. Thats like all the certainty we have right now. Its been a crazy day already. Connell mcshane filling in one more day for cheryl casone. Lauren this is america doing one second doing one thing in the next second doing another thing. Connell in the Conference Call and we had a two hours ago come at 3 00 in the morning. Crazy time for a Conference Call. The dow futures down 500 points for never getting to do the show, they are up 150 points and now they are back down or flat. And its only 5 00 in the morning. Who knows what the rest that they will bring. Lauren strap on the seat belt. This crazy hour one of the biggest markets stocks recover soon yesterday. A harrowing day for investors is the dow posted down 1175 points, closing while below 25,000 the volatility in may not be over today. Restore some days. Tracee carrasco joins us missing details. Monday 523,923 down almost 1600 points. The most points ever dropped on the basis. All 30 dow yesterday for a second day in a row. The last time that happened was in 2015. The dow and the s p 500 have erased the gains for the year print the dow was down one point higher for the year in the s p 500 down 29 . The nasdaq still hanging in there,. 9 . All this calling the website in the blocks of rogue regimes such as Charles Schwab and ameritrade mutual funds and it shows visors to suffer outages and slowdowns. Unnerving individual investors to access their account during the market draw. Meanwhile, the vix and the s p 500 jumped 175 to 37. 3 to come the largest oneday percentage gain in her come a 10 year average for the First Time Since november 4, 2016. The white house remains optimistic. Here is what are Huckabee Sanders had to say about yesterdays market move. The president s focus is on a longterm economic fundamentals which remain exceptionally strong with u. S. Economic growth historically low unemployment and increasing wages for american workers. The president s tax cut in Regulatory Reform will further enhance the us economy and could she need to increase prosperity for the american people. The dow was up almost 33 from election day and 183,321 a lot to digest today. Lauren as youre speaking down almost 200 points on the dow. Turn into just in a couple minutes. We are flat and we are down. Obviously searching for some sort of bottom. Connell something is going on. Lets bring on our next guest says we discussed this overnight trading that is just unbelievable. Jonathan hoenig with capitalistpig. Com and Investment Advisory group. Gentleman, as we monitor this company do you have a word to define what is going on . Is it freefall . Is it whiplash . Opportunity to define a dip . Normalcy. Weve gone so long without any volatility that we forget the stock market go down as well. Weve been due for some type of a correction. Five, 6 of the alltime high. When elephants are dancing, mice get trampled. Massive swings than one is the last time you saw a 1200. Swing in the Dow Jones Industrial average. A good time for most investors to sit on their hands. Lauren seems like its happening out of nowhere. What is the real capitalist for the volatility were seeing . What i think it is as Interest Rates. Really smart people thinking longterm Interest Rates would never go up again in the u. S. Had become japan. What youve seen over the last couple months with the passage of the tax cut and they go from 20522 a. D. , 290 in a short period of time, the reorganization of asset entered a new volatility regime. Im a buyer in any weakness because as you look out the economy is strong, getting stronger and the speed continues to increase. The dow fell 200 points into thai Interest Rates in puncher brohm powells first day essentially leaving the central bank. Do you think because do you see any change, the market moves affecting the change in leadership in the change of direction perhaps if the fed . About the question marks about investing, the biggest wild card because its a lot easier to determine how many huggies walmart is going to sell rather than what the Federal Reserve is going to do. The bigger reason to worry beyond Interest Rate and then just the nature of the market. Yesterday we saw 10 times more new 52 week lows and 52 week highs. Connell mentions volatility. Some of these linked eps are now starting to blow up. I dont see any indication that the carnage for stocks is over just yet. Lauren so we are not in an oversold can issue just yet, michael. I dont know. Im not here to call a bottom or top. If you look at 12th of may 18 through 24 months, its getting stronger. People like stocks a week ago, two weeks ago, now theyre much cheaper than they were. If you are trying to day trade, your trading against sophisticated computers in the world and that is what is pushing the market around where and market around we were and had highvolume yesterday. If you have a one to three year time horizon and come anything like this with a great chance to get in come everybody and their brother uninvested since the election. Dow futures now done 246 points. Nasdaq futures are higher. As we wrap this up coming to get the stock werent get the stockmarket is trying to tell us something about the economy many people might not be seeing . The market is a great forwardlooking indicator. Its gone up for the better part of eight years. A lot about the market news wasnt so great. The glass halfempty, like the tax cuts, record low unemployment, maybe the market is starting to realize in the future isnt as rosy as this in the previous couple years. Lauren stick with us. Michael coming thank you so much. Connell thats a big question in terms of what jonathan brings up on the underlying economy and what it all means. In the midst of all the volatility of the markets in ohio for an event and he touted the growing economy in the wage growth we are now seeing for workers. Your paychecks are now going way up. Your taxes are going way down and right now for the first time in a long time and youve seen it, factories are coming back. Trying to meanwhile, treasury secretary steedman itching mnuchin set to testify. Anything else closely watched today. Lauren when we come back on the trading already well underway in london stocks opening down 3 . Now down 2 live across the pond and ask scott bush shellady what is sell off poisonous. Google has added the other headlines making news this morning. Right now coming dow futures after falling 1175 points yesterday. The dow and s p negative for the year. Dow futures are down almost 1 . Well be right back. Emporary ma. Then, use the ultimate power handshake, the upper hander with a double palm grab. Who has the upper hand now . Start winning today. Book now at lq. Com. nadia white the moment a fish is pulled out from the water, its a race against time. And keeping it in the right conditions is the best way to get that fish to your plate safely. dane chauvel sometimes the product arrives, and the cold chain has been interrupted, and we need to be able to identify where in the cold chain that occurred. tom villa we took our world class network, and we developed devices to track environmental conditions. This device allows people to understand whats happening with the location, but also if its too hot, if its too cold, if its been dropped. Its completely unique. dennis woloshuck if you have a sensor that can keep track of your product, it keeps everybody kind of honest that way. Who knew a tiny sensor could help keep the food chain safe . Good morning and welcome back. We have to take a look at futures this morning. Dow futures 186. Up 100 points coming down 500 throughout the morning. Nasdaq futures gaining 21. The House Intelligence Committee has improved the democratic response detailing fbi surveillance on carter page. The democratic mumble makes the case for surveillance is paid onetime Trump Campaign advisor. The white house has five days to either allow or reject disclosure. Lulu lemon ceo residing after leaving the company for four years. We have a statement provides little detail in it expects all employees to exemplify the highest levels of integrity and respect for one another and he fell short. That cannot lulu lemon shares down more than 3 after hours. Set to launch today, google kerry a cherry red roadster had. The most powerful spaceship that blasted apollo astronauts to the moon way back when. About a billion dollars to build so its going to be cool. Go into outer space hopefully. Connell hopefully. Back to our top story. A quarter past the hour. The market selloff such as it is continues. The futures down as lauren mentioned a moment ago. 500 points was about two hours ago. The dow futures down 130 even though the s ps are up by five. The kind of morning authority then. Another view on things across the pond this time. Trustworthy man, white rimmed glasses on, nothing to fear. Scott shellady, managing director t. Jay m. , varney company, knows his markets as well as anybody working here. Are you here to scare us this morning or reinsurer investors . I wouldnt scare you, but i would say fast in your seatbelts. For the last seven or eight years. Everythings going to be fine. Though volatility except for the equity market. Thats not the case and weve got a bad case of shortterm as them. When things unwind and by the way they are going in for a good reason. Weve seen grow grave at 524 . These are good reasons, but now level make Interest Rates rise a little bit. We can go up in the stock market and go down on good reason for that is just part of this unwind. We need to see investors unwind where they expect low volatility trying to tell us what we should be looking for. Percentagewise the average in what theyve done here today. Kingstown 120. 5 , the dow 32 , 33 since election day. The selloff in the two sessions, 7 lower than the dow sinks in the s p, Something Like that. Woodward for a brief period into technical correction, 10 from a high. After we presumably get there if we do, is that it . You look for Something Else . How do you see a play now . This is going to go on for a few days. The fighter he is the head. It will be a few days or free rounds to get underneath us. When you put in perspective not for a good reason or bad reason but to give everybody pause for thought. We were up 6 at the end of january thomas was given by january plus another . That puts us in on the end of november, beginning of december last year. One more slowdown. Connell we are a little for time, and the governments tell us all the time and they tell us again the underlying fundamentals are strong. Sometimes it is a line. That is true this time. A fanfare the economy itself is strong . Yeah, the economy itself is getting stronger, numbers in the right direction. Weve pulled forward a lot of the good news enough for the market did what it did already. Keep that in mind. Connell that is what jonathan was saying. Thanks a lot. Appreciate it. Lauren a day all about it. Dont worry be happy. Thats advice from billionaire direct to your mark cuban on the market selloff. If youve got cash on the sidelines, yet it is okay. But i do think the market will be okay over the long haul. Lauren more for the interview with mark cuban including exactly where hes putting his money. Donald trump stockmarkets major rise since the election, but now that is falling. Will he take blame for that as well . The saudi Government Shutdown affect these markets . Our Political Panel will weigh in. A whiplash type of day on wall street. Dow futures down 181 points. S p said three, nasdaq futures at 31. You are watching fbn am. Volatile markets. Something we all think about as we head into retirement. Its why Brighthouse Financial is committed to help protect what youve earned and ensure it lasts. Introducing shield annuities, a line of products that allow you to take advantage of growth opportunities. While maintaining a level of protection in down markets. So you can head into retirement with confidence. Talk with your advisor about shield annuities from Brighthouse Financial established by metlife. Today, a focus on innovation in the Southern Tier is helping build the new new york. Starting with advanced manufacturing that brings big ideas to life. And cuttingedge Transportation Development to connect those ideas to the world. Along with urban redevelopment projects worthy of the worlds top talent. All across new york state, were building the new new york. To grow your business with us in new york state visit esd. Ny. Gov. Yea, you can be the greatest you can be the best you can be the king kong bangin on your chest you can beat the world you can beat the war you can talk to god while bangin on his door you can throw your hands up you can beat the clock you can move a mountain you can break rocks you can be a master dont wait for luck dedicate yourself and you can find yourself standin in the hall of fame and the worlds gonna know your name lauren submarkets cratered yesterday. So it had dow yesterday suffering its biggest one point drop in history. Billionaire investor mark cuban on your world with neil cavuto. Are you nervous after today . Im not nervous that i think is necessary. There is unnecessary about what the market does next. When you have a runup liquid had the election, markets dont go in a Straight Line forever. There is just a question of what, when and how much. A lot of this trying to find an opportunity to catch a falling knife. Would you be dabbling in any sector stocks, groups, aggregates based on today . My two Biggest Holdings are netflix and amazon and theyve both done really well. If they fall anymore i will find some calls. Im a longtime holder. Part of the problem today in why we had the biggest selloff ever when markets go straight up like we have for the past 14 or so most people get overconfident and is the same everybodys a genius in the bull market and when they get overconfident they start buying on margin and not worked until it doesnt. I think i saw something recently that there were a Record Number of retail accounts set up, coming in from individual investors and a lot of that was being borrowed. If all of a sudden you get an alert on your phone or a call from your broker in your stocks are down significantly in you bought on margin, youre pretty much forced to sell. That contributed a lot to todays decline. The white house of course has attached much of its success to the markets. I know you might slightly disagree that the media doesnt give them a fair shake when it comes to the market runup. Now the argument is if you own it on the way out, you own it on the way down. Now, they should have owned it on the way up and they dont own it on the way down. When people are excited about their situation or companies, the tax benefits certainly accelerated games, got companies excited. That is all good. Markets dont look at the current quarter. They look further into the future. The thing i try to remind everybody of when you buy something, and the Company Selling to you, they are not selling to you thinking they will lose money. They sell it because they think theyve got a good reason. If you go into the market coming to you homework and understand all the risk. Connell watching the dizzying board of what the dow did yesterday. The dow in the s p 500 wiped out every single game theyve had so far this year. Connell yes, we thought this morning we would get it all back. The volatility is here to stay. Is right about a lot about in terms of the blame too much on politicians. In a moment, after that historic day not percentagewise which is worth pointing out. We are set up today for some more selling but well take a look at what investors should think about the whether there bright opportunities out there. 237 to the downside which is 1 after a volatile overnight. How close are we to a government shut down . Another good question for our Political Panel. You are watching fbn am. Oh theres one. Manatees in novelty ts . Surprising. Whats come at me bro . Its something you say to a friend. Whats not surprising . How much money matt saved by switching to geico. Fifteen minutes could save you fifteen percent or more. Hey. Pass please. Im here to fix the elevator. Nothings wrong with the elevator. Right. But you want to fix it. Right. So who sent you . New guy. What new guy . Watson. My analysis of sensor and Maintenance Data indicates elevator 3 will malfunction in 2 days. There you go. You still need a pass. Is today represents what is very likely simply the ebb and flow of our stop market. Lauren avenue flowing the. Mike pride in alaska on his way to a share after the biggest dow point decline in history. A wild night in one Early Morning of trade in dow futures. Connell dow 500 a couple hours ago then turned positive right before going on the air this morning and down at 262 points. Big stocks moving in the selloff for the rally before the s p 500 broader measure more stably down by abou