Good evening, everyone. Welcome. Well, the stage is set and investors cheered. Federal reserve chair Jerome Powell bolstered the case for a possible Interest Rate cut when policymakers meet at the end of he suggested that lowering the benchmark rate would bolster growth and cited a number of uncertainties here and around the globe. Thatd lif optimism on wall street, sending the nasdaq to new highs and the s p 500 ble l briefly through the 3,000 mark before it pulled back. The downd jonestrial average rose 26 points to 26,860. Theasdaq was up 60 and the s p 500 gained 13. We have two reports tonight. Bob pisani is at the New York Stock Exchange, but we begin with Steve Liesman and the fed. Fed chairman Jerome Powell all but guaranteed thel fed w be cutting rates probably as soon a this month, from the testimony in the house today. While he said the u. S. Economy is in a good place he emphasized globalncertaint economic weakness and low inflation as the things guiding policy. Would it be
you were like 1 year old at the time. coy, you are trolling me. i was hoping we would get syracuse orange highlights, we got the wrong orange, the tennessee volunteers. this is the longest tease ever. next week. next week against clemson. you got it. we better win. i don t want highlights of a loss. thank you so much. the next hour of new day starts right now. good morning and welcome to your new day. i m boris sanchez good morning. i m amara walker. this morning an alleged serial kill killer is off the streets. the suspect s reign of terror in our community has come to an end. how police were able to track him down as they say he was on the hunt for his next victim. plus, the rising cost of inflation. how the skyrocketing price of all the essentials is pushing more people to seek help and how the organizations tasked with helping them are now straining. new york city has seen a surge of migrants in recent months. how the city is handling the influx
accused serial killer ends with a suspect behind bars and now authorities are looking for motive. the police chief in stockton, california, says 44-year-old wesley brownlee was out hunting for a new victim when they arrested him. as officers made contact with him, he was wearing dark clothing and had a mask around his neck. he was also armed with a firearm when he was taken into custody. we are sure we stopped another killing. cnn s ka mill la bernal joining us live with the latest. police had surveillance teams on brownlee after the shooting deaths of six men, so how did they narrow in their search and then make an arrest? hey, fred. yeah, they were watching him. according to police, two things contributed to this arrest. the first one being all the tips, the help from the community, because everyone was watching the surveillance video that police had put out and calling police trying to help them in any way they could and the other aspect was old-fashioned police work
Recipients of daca, the deferred action for childhood arrivals. Weve indicated to them led by chairman gracely, chairman of the Judiciary Committee were willing to enter into good faith negotiations but it simply does not advance the interest of these Daca Recipients to try to force us into a shutdown narrative. Liz but its not just the democrats it was President Trump who said to congress, get this daca deal done by the end of 2017, but lets go back to all of this when it comes to what the house and the senate have to do wednesday is now the key date for the meeting which means a floor vote could come thursday, pushing it all very close to the big lights out deadline which is 11 59 p. M. This friday night. That is sure to be a hot topic at the White House Press briefing. Sarah sanders is expected to take the podium at any moment. Will tax reform progress take a back seat to the governments near empty pockets and what about the Mueller Probe . Its about to breach the president s financ
Christmastime. Well bring you all of the details tonight and Deputy Attorney general rod rosen stein testifying today that he will not fire special Council Robert mueller as republicans ripped into the 375 texts many of which ripped into President Trump, from two fbi officials assigned to muellers russia probe that would be peter strzok and lisa page. Their texts are viral against President Trump and they call him an idiot and they are supportive of Hillary Clinton at the time when the fbi was investigating her private email server. The texts began as early as december 2015. Strzok has been reassigned in the fbi but now these texts are drawing the attention of congressional investigators plus its official in terms of the seed of its rocket ship rise on the term bitcoin now surpassing the infamous 17th century mania, one analyst says and we will break it all down for you, so is it time to buy or sell . Were watching your money weve got an allstar guest line up including former Senior Ad