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New claims actually rose. And 17 Million People are still drawing Unemployment Benefits. I believe thats a negative for the overall market. Get to that in a second. Look at this. Amazon, apple, google, facebook, the day after the top executives took a pounding from the politicians, these stocks went up during those hearings. They are down in preMarket Action this morning. Hold on. All four of these giants will report their earnings later this afternoon. This is big techs big day. My opinion, these Companies Need blowout numbers to sustain their very lofty stock prices. Watch it unfold at 4 00 this afternoon on this network. Overall, i got a lot of red ink to show you. The dow is looking for a loss of over 300 points, down maybe 40 for the s p and off 131 on th ....
The broader context is that Global Equities are headed for a third month of gains, so a fair amount of optimism priced in in terms of the prospects of a deal. Stock and bond markets were closed for thanksgiving and we trade for a half day today futures are lower in the 10 year yield is is no indication of sentiment. Oil on the back foot today but we are heading to a fourth week of gains ahead of opec plus a survey saying we are not likely to get a deepening of those cuts. Lets get first word news in new york. Breaking impartiality rules, that accusation launched against channel four news after the broadcaster used an Ice Sculpture to replace Boris Johnson. He failed to attend the live Climate Change debates featuring leaders from other parties. Donald made a surprise ....
Accident was on the freeway. Traffic investigators have been going back and forth between the two cars. One of them was a chp car that was destroyed by the impact. We have called them several times. They are not providing details on the officers conditions. Two officers have been injured. The conditions of the driver of the red car is not known. We do not know what led to the accident. We have confirmed that around 11 45 on Christmas Eve, the cars collided near winston avenue. It appears that the driver of the red car crash into the chp vehicle from behind. After that it went across the freeway and across the offramp. We called chp a few minutes ago, they said they would not provide updates on the investigation or those injured until a News Conference, plan this morning at 9 00, takes place. As it gets later in the morning and more cars get on the road, many people will wonde ....
Least ideas being discussed to address this. Meantime, blake burman with the latest from the white house. Blake . Reporter hi, there, neil, the white house within the last minute releasing the economic report of the president. This is a pretty lengthy, 500 plus page document put together by the president s council of economic advisors. Weve gone through it t paints a fairly rosie picture coming out of obama administration. Tax cuts, the president talked about the need and the want and how he feels potentially we could get to 4 gdp growth. However when you look at 10year span as the Administration Economic advisors are projecting out, theyre projecting gdp growth over 3 . When you get to the back end of this 10year term, dropping just under 3 . They do warn though of some headwind in both near and long term and this is it. They write, quote, challenges remain for 2018 and the longer term including increased opioid dependen ....
He took off running the officer in pursuit the spun around and fired a 40 caliber semiautomatic at the officer. That officer returned fire hitting and killing the suspect. Police commissioner Charles Ramsay credits a longer and more protective vest and patrol officers wear with saving the 17 year Police Veterans live. Right in the lower abdomen and very fortunate because they have a special vest that also has an extension plate on it, and thats what caught the round. Reporter the man was wanted for the murder of 25yearold meghan dot tow and her unborn child. Dot tow was an innocent victim shot and killed on a sunday morning in september by a bullet fired a block away as she sat outside her frankford home on the 1500 block of adams avenue. Police say the gunman had been hiding out in this apartment in the northeast. Neighbors there watching on in gives disbelief this morning. ....