Redesign one box. One movie theaters plan to change prices at the box office. Would you pay more . A good thursday morning. We begin with President Trump declaring that the Republican Party is unified despite a scathing public rebuke from two gop senators. The president will need the help of those same lawmakers to pass a sweeping tax overhaul bill. This morning there are mixed mess ones on what that could mean for your 401 k plan. Abcs Serena Marshall has new details. Reporter good morning. Those new details include those tax plans could be up for negotiation and those 401 k plans, excuse me, could be up for negotiation in the tax bill the president wants signed on his desk by the end of the year. Americans Retirement Savings could be the battleground. President trump eager for a legislative win pushing tax reform on fox news. Theyre passing this bill along very rapidly. We have to get tax cuts and just pass it along. This would be the biggest tax cut in history. Reporter its what cou
All going to die before crashing into the building and leaving the scene. Any time a vehicle s traveling at a high rate of speed through a downtown area 10 00 at night, 11 00 at night, there s a lot of traffic and to cut across a median like that where people could be walking or through a parking lot where it smashed into a building, it s always a dangerous situation. Andy Court Records say Martinez Morales told police he was just driving around the speed limit when he simply lost control of the car. His bail was set at 5000. Reporting live, andy hershberger, wmur news 9. Jennifer the Union Cemetery in laconia was hit hard by your recent rainstorm. By a recent rainstorm. Water taking a bite out of a road heading through it, and as wmur s Heather Hamel explains, it puts the remains of those laid to rest there at risk. The south side of the cemetery really got the brunt of the damage. A culvert collapsed and it opened up this gapping sinkhole. And now, they are scrambling to get it fixed
Today alone. Brace yourself for more serious weather. Mudslides possible on the west coast. Rain and snow in the east. Lets go down to sue at the new york stock exchange. And you know we have another triple digit down day for Dow Jones Industrial. Part of that is linked to the drop in oil. Art cashin saying not only the Energy Stocks under pressure but that has spilled over to financial stocks. They are worried about the high yield debt that some banks own concerning energy. Right now the Dow Jones Industrial average off 103 points. The nasdaq is off 31. And the rus russell 2000 is off almost a third of a percent. Followed closely by the dow. Oil tanking hitting new lows of the trading session down almost 4 on wti and thats 3. 5 on brent. Bob pisani joins me on the floor of the new york stock exchange. Just the under pinnings of the market dont feel good today. Look at chevron. 50 of the 150 points in the down side. That is exxon and chevron. There are dozens of new lows in the Energy
As we saw volatile day for oil, bill, as well. One of the days where bad news was bad news. You could have argued once an upon you could have said bad news would mean that the fed would delay raising Interest Rates and the market rally on that. That didnt happen today. And you wonder if thats the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. Volatility bill seems to be here to stay. Yes, maam. It is. Well talk about that. The volatility index is moving up as well today. Theres the dow up 120 as kayla was mentioning. Down about 99 points at the apex of the day. The low of the day. Now down 30 into the final hour of trading and the volatility index. Made a liar out of me. Down to 1831 and rather elevated level when you consider the rest of the market has been doing. S p down 5 points today to start the new year. And the nasdaq down 17 at 4719. Before we sta start our panel discussion, we want to hear from you at home. Log on the to c
Bill theres plenty of attention on what a poorer start this trading year is off to and not just any day or two days to see this kind of pressure but the two days to kick off the year traditionally not a great sign. Two other markets very quickly. Oil, yes, we continued lower again. Big time. Down another almost 4 on wti. We are now at 48. It did touch the 47 range and brent is threatening to go below 50 at this point. Lets show you if we can the 10year yield. It touched 1. 88. At its lowest point today taking us back the lows of last october. Yes. On your screen there, you are seeing the 10year u. S. Treasury note below 2 . The 30year well below 2. 5 . I mean, we are talking about levels we havent seen since the financial crisis and there is a big element perhaps of whats happening overseas but lets talk about it in the exchange. Markets see the dow off 92. Nasdaq off 39 and s p off 11. Joining us in that said exchange today, margie patel, david kudlow jeff reeves Samuel Stovall and Ri