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Breaking news. markets just opened for the day after the dow dropped 800 points. my friend ali velshi back with me from the new york stock exchange. ali, you seeing green? yes, bells just rang. just waiting for the first trade. looks like we ll see about a 150-point increase at the open. that is my guess. that is a very change from what we were looking at overnight which was futures indicating another really bad day after a really bad day yesterday. a 3% loss on the market. the fourth worst point drop for the dow ever yesterday on fears combined, stephanie, of the problems with the trade war that president trump is engaged in and some signals that a recession might be ten to 20 months away. we are now seeing trading open ....
Pore than 2%. the same in france and italy, down almost 2%. if we look at some of the reasons behind that, the volatility index, the vix is a very good indication as to how mixed this trading has been. you can see that number rising there at the very ends of this chart here. this is a strong indication of quite how much that volatility has spiked and that is making a lot of people in the market very nervous this morning. if we look ahead to the trading open in new york in the next few hours time, we can see here nasdaq looking like it will open very slightly positively. s&p 500 with about a third of a percent down expected and the dow, in particular, down to open around 1% lower than yesterday. so not nearly as bad as it was a few hours ago, but still not a very pretty picture, either. all right. willem marx breaking it all down for us. thank you very much. let s try to dig into this the deeper with former treasury official steve ratner. great to have you on set. we appreciate you ....
Unemployment, 25%. bill: that is remarkable. gerri, thank you. gerri willis. we ll be in contact, okay? thank you. bill: trading open. see you at 5:00, no, 6:00, sorry. 9:00 later tonight. 6:00 and 9:00 on the willis report , fox business network. back to politics now and governor romney is expanding his campaign in the final days into several traditionally democratic-leaning states hoping to gain some ground in the path to 270 electoral votes which sfk what you need to win the presidency. so among those states where we are now seeing a push by the romney campaign, minnesota, which has 10 electoral votes, pennsylvania, which has been blue in the last three presidential elections, 20 electoral votes there. what is the strategy here? let s bring a man who knows because he has been there. ed rollins former deputy chief of staff to president reagan. also managed a campaign for mr. reagan s re-election in 1984. he has had major roles in ....
President s speech before congress where there was clearly people knew there was a republican debate that night and nobody was being listened to and somebody wasn t being listened to in those meetings who made the warning, the warning signs were there and they weren t made last week and they weren t made a year and a half ago with seoul i saidra and that raises a red flag as a democrat who s been in the room, saying okay, how could this hurt us if we go down this path and i want to know who is making those decisions and why people aren t being listened to. martha: we got to leave it there, thank you very much. brad blakeman, chris han, thank you for coming on. thank you for having me. bill: are you losing or winning today, america? right now we re doing okay, up 77 points on wall street, trading open for 11 minutes. apparently europe, the central bank over there is going to start departmenting helping out with the deep, deep debts. how deep is the hole over there, huh? we do not ....
rockaways. in addition, you should know that mta service, including subways, buses and railroads will begin to shut down tomorrow at noon. we ll discuss that and other measures in a moment depending on the effect of the storm, let me caution you in regards to the mta that service may or may not be restored in time for rush hour monday morning. i would urge employees checking with their employers regarding business openings on monday. cnn s reporters are showing us some of the stormy surf in florida. video shot by sheterly, don off new smyrna beach. amazing how rough the ocean is there. janet napolitano telling people not to mess around with this storm. she briefed president obama by phone earlier today and the president is going to leave marthas vineyard a short and return day short and return from his vacation. he s urging americans to prepare for the worst. i cannot stress this highly enough. if you are in the projected path of this hurricane, you have to take p ....