another player trying to make a big at the new york stock exchange how well could spotify do. well and actually everything could happen chua's or rather quickly there is the word out there already by the end of march we could see the i.p.o. here in new york and certainly spotify has quite impressive subscriber numbers but they're also burning cash heavily so they certainly can use some extra money in the past two years each year they more than doubled their losses and it probably will be a very unusual i.p.o. because they're not going with banks to set the price but they will let the market the market decide which price is right and speaking of the markets the end for every is coming to an end and boy it has been a rocky one and well it was a rocky month and it was a rocky ending to the month of february we did see a blue chips trading up by about one hundred sixty points early at the trading session and then by the end of the day the dow jones industrial average lost a good three hundred eighty points meaning for the month of february wall street or the dow jones lost a good

diane king hall at the new york stock exchange. thank you so much. >>> in philadelphia, a celebration nearly 60 years in the making. e-a-g-l-e-s, eagles. >> some 7,000 fans took to the streets to celebrate since 1960. they lined up 20 deep to see the champs. the eagles rode in an open double-decker bus. center jason kelce told how underdogs cam out on top. >> hungry dogs run faster. we wanted it more. >> coach doug pederson walked part of the parade route allowing fans to touch the championship lombardi trophy. >>> well, coming up on the "morning news" now, omarosa breaks her silence. the former white house aide gets emotional as she talks about working for the president. >>> and bubbling out. an amazing soda maker rolls out sparkling water. this is the "cbs morning news." it's starts working hard at hour one. and works twice as hard when you take it again the next day. stick with zyrtec® and muddle no more®. your heart doesn't only belong ♪to you. bye grandpa. and if you have heart failure, entrusting your heart to entresto ma

cbs news' diane king hall is live at the new york stock exchange. hey, there. >> good afternoon, michelle, we're now heading into the final stretch of trading and here's where things stand. the dow is now up 413 points, so talk about a rally from this morning. it's really been all over the place today. the markets haven't really picked a clear path. it's still off in the final half hour of trading where traders make the decision. as one veteran trader puts it, stay alert and be nimble. >>> it is good that we're seeing it bounce back and after yesterday's historic fall, what has the overall mood been like today? >> well, it started out exuberant earlier today. i would say that a measure of calm was really the tone on the floor today. experts tell me that there's no reason to be alarmed, even though the common average person, you look at things like the wild swing yesterday, a wild swing today, and you would feel possibly even panicky, but the general rule of thumb down here has been don't panic, and we're talking about points here, not a percentage b

>> diane king hall at the new york stock exchange. we'll talk to you a little bit >>> ahead on "cbs this morning," we will talk with cbs news financial contributorhoon about markets and what you should do with your 401(k) retirement accounts. >>> whether a democratic memo on the fbi's russia investigati now up to president trump. the house intelligence committee voted to release the mstery. the president gave the okay to declassify the republican last. we report from the white house. >> reporter: president trump s the public should see another classified congressional memo. >> i think hard for the white house like it was hard for republicans on our committee to block release of th tt they make political redactions, not redactions to protect >> reporter: the house intelligence committee voted unanimously to release a democratic rebuttal to the gop t of justice and fbi ofsi the russia investigation. congressman adam schiff autmemo. on twitter monday, president trump called him "little adam schiff," and "one of the biggest liars and leak

>> diane king hall at the new york stock exchange. we'll talk to you a little bit later. >>> ahead on "cbs this morning," we will talk with cbs news financial contributor mellody hobson about the volatile markets and what you should do with your 401(k) retirement accounts. >>> whether a democratic memo on the fbi's russia investigation is released to the public is now up to president trump. the house intelligence committee voted to release the memo yesterday. the president gave the okay to declassify the republican version last week. the report from the white house. >> reporter: president trump will soon weigh whether the public should see another classified congressional memo. >> i think it's going to be very hard for the white house like it was hard for republicans on our committee to block release of this. i am more concerned that they make political redactions, not redactions to protect sources and methods. >> reporter: the house intelligence committee voted unanimously to release a democratic rebuttal to the gop memo that accuses

let's do business the volatility continues on the new york stock exchange wall street opened in positive territory today traders looking to make up for some of the huge losses over the past days but the dow jones industrial average is now back down slightly and choppy trading swings continue and have been severe at times the dow falling twice by more than a thousand points over the past week investors of wide about high interest rates and rising bond yields many analysts believe the volatility is here to stay a while as the market corrects for the bullish trading of recent months. let's bring in now wall street correspondent heads quarters and buy at the new york stock exchange have you seen some very worried faces today. well i mean overall traders still remain a rather calm and again nobody is really talking about a crash at this point what we're seeing is a correction down ten percent from the highs that we saw and off a general but still i mean the losses have been really severe the s. and p. five hundred since this high lost about two and a half trillion dollars in market value and

. >> you're looking live at the new york stock exchange. we're going to take a live look at nasdaq this morning. today could be another rocky ride. of course, we'll be seeing how the markets are swinging this morning and see where we end up in a few minutes. >> futures went down overnight. that's a big concern. we'll see if it drops again. >> we'll be watching. welcome to wednesday, february 7th. now 6:30. alexis is off today. the rest of us never more than seven minutes away from your accuweather forecast. a week now of record highs. >> today marks the 7th of february and seventh day of record high temperatures. you can see how dry it is on live doppler 7. let's jump right into what's going on. you can see the sun just about to pop up. my accuweather 12-hour planner is going to show you that temperatures are mainly in the 40s and 50s this morning. but as we get deeper into the forecast, by noon we'll already be in the upper 60s to low 70s. a great evening.

i've been fizzling let's do business all eyes are on the new york stock exchange it opened. one percent down earlier but has bounced back suggesting relief could be on the way for equity. have a view to days of dramatic losses on wall street have sparked a global sell off investors worried this could be the start of a new stock market crash but analysts point to a healthy correction after such a long rally for stocks the reason for the volatility a concern central banks could start winding down the era of cheap money more quickly than thought. let's go over to the new york stock exchange where your caller is standing by for us is the volatility easing in this. the want to tell it is not really easing and it is a pretty wild ride and we can throw a call in and see where this march good will and today we were down as much as five hundred sixty points we were up by about three hundred fifty so we've seen a trading range of about nine hundred points just was in the first couple of hours here of trading in new york how can you sum up the situation so far is this a correction of t

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herbalife declined comment, new york stock exchange has no comment. nasdaq didn't give a comment, the bill's before the house finance committee, the senate banking committee and what people -- staffers are telling me there's a good shot this is going to get through. at least giving short sale on par with long provides transparency. that's where we are right now. we are now five, eight, six years after ackman went after herbalife. they're still fighting. now they're fighting in washington. liz: unbelievable. >> by the way. i saw you in the "new york times." liz: yeah? >> right. and you were on comedy central? liz: "the daily show." >> that's amazing. i will say this, liz, it kills me to say this, but when the market crashed -- liz: thank you, charlie. >> when the market crashed, you did a great job. you deserve to be on these shows. liz: twitter followers say she needs to calm down. >> calm down, what? liz: read the paper, we're enthusiastic. >> i watch you wild, dude. i thought what was great about what you did is like -- literally, the closing bell h

york stock exchange in two years a u.s. jobs report showed a surge in wage growth sparking inflation fears and worries about an acceleration in interest rate hikes the equities slump spreading to asia where the nikkei took a massive hit europe also losing ground just as the opening bell in new york i spoke with our financial correspondent day ends quarter i asked him how the new week's getting underway. well right now the sale of just continue or when markets is opening here and it's interesting to see because the reason why we're selling off is not because the economy is weak but that because the economy is strong you already mentioned interest rates but we also see them heels increasing and what does that mean that means that it becomes more expensive for corporations to get to adapt to finance their activities so we see some inflationary science and saw right now or the market is dropping again right at the beginning by about two hundred fifty points and by the way the six hundred sixty point drop that we saw on friday a

diane king hall at the new york stock exchange. thank you so much. >>> still ahead, set your alarm, mark your calendar. palace officials tell of new details of the wedding service. the bathroom. when things go wrong here, you remember. quilted northern is designed to work so well, you can forget your bathroom trips. but daddy gator can never forget. "i've got to motor out of here. this is no place to raise a child." "i've got to motor out of here. right. in. your. stomach! watch this!... >>yikes, that ice cream was messing with you, wasn't it? try lactaid, it's real ice cream, without that annoying lactose. lactaid. it's the milk that doesn't mess with you. details on the latest accusations against rueben foster... president trump is expected to roll out his plan to fix the nation's infrastructure today... how the one- and-a-half trillion dollars would be spent... and an accident at a bay area construction site leaves a man walking by with life-threatening injuries... join us for kpix 5 news this morning... beginning at 4:30. good

let's get straight down to the floor of the new york stock exchange where nicole petallides is standing by with more. hey, nicole. >> hey, trish. certainly there has been a lot of anxiety over last several days. i know traders that stepped in to buy. they bought the dips, right around 3:11 p.m. at the lows of the day, down about 1600 points, our biggest point drop ever in history. people were nervous. people who liked stocks and bought in and gotten value. this morning we anticipated there would be a selloff. we got exactly that, down 567 points right at opening bell many within a half hour we actually swung 934 points bottom to top, all by 10 a.m. we moved into positive territory, up 367 points. this is volatile, wild ride of a market. right now i'm excited going into the closing bell to see what we will see. i will tell you why we saw the vix jumping, jumping 115%, we may never see anything like that, the fear index. tell you a lot of people got squeezed on the fear index that it would fall. you know what? it surged. closed at highest level since 2015. right now up to 36.86. traders t

are electronic but the new york stock exchange in lower manhattan you reported there for boom bust before they still have a floor operation they still have people on the floor i spoke with tom farley the president and they're going to keep that contingent of actual floor traders they think having floor traders actually makes trade more efficient a particularly at bottle times the opening of the markets in the closing of the markets but ninety plus percent of trades take place electronically and you know people there are times when they trade at four hundred to five hundred times per second this is just crazy right it's crazy a lot of time. goes on here at the nasdaq and you know it's actually a good thing it is names in the whole world and of course the first one in the new york stock exchange which is and i'm going to be down around there tomorrow and around here in times square for the child as our first one thank you so much for joining us great to see you in person again once. more with bone but they are. i. and we've come off of times square and we're in the archie america studio jus

much more from the floor of the new york stock exchange. you have to see how this day ends. ned your car for four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance. big thinking in the finger lakes is pushing the new new york forward. we're the number one dairy and apple producers in the eastern united states supported by innovative packaging that extends the shelf life of foods and infrastructure upgrades that help us share our produce with the world. all across new york state, we're building the new new york. to grow your business with us in new york state, visit esd.ny.gov >> we have breaking news on the hack that uber suffered. i'll tell you something, they

diane king hall is at the new york stock exchange with that and more. the new fed chair testifies before the house tuesday and the senate, thursday. analysts expect the central bank to continue a gradual approach to interest rate hikes. last week the dow rallied 1123 points. the s&p 500 finish 128 points higher, the nasdaq ended 143 point, again, on a weekly basis. >>> the company founded by now disgraced movie mogul harvey weinstein plans to file for bankruptcy. weinstein is accused by dozens of women of sexual assault and harassment. he denies the allegations. the weinstein company says it's running out of money and has been looking for a buyer, but those talks fell through. >>> meantime samsung unveiled its newest smartphone the galaxy s 9 and is 9 plus. they upgraded the camera and improved the virtual assist and audio. prices start at under $720. >>> "black panther" scored in the box office, the second best week ever. it's only the fourth film toarily just under $100 million. "game night" opened in second place followed by "peter rabbit." >>> and d

need to get back to the floor of the new york stock exchange. nicole, you're there for the business brief, give us a sense of the feel on the floor, if they're concerned if it's orderly, the other day when we had 200-point drop, traders were telling us it's orderly. is it today? reporter: without a doubt, it's orderly. the run-up since the election, when we talk about the run-up, it's okay to take a little off the table here. we have treasury yields running higher. the dow jones industrial average down 582 points right now, that's a loss of 603 points, 2.2% at the moment with the s&p and the nasdaq also selling off. all seeing the worst week since 2016. also with the dow losses accelerating, gopro turning things around in the final hour. take a look at that. they had disappointing earnings, gopro up almost 1%. and the camera company's shares are on the move. and so such luck for bitcoin, everybody watched bitcoin on track for the worst week in almost five years in cryptocurrency, lost $100 billion in value. looking at blue apron, after analysts

go down to the floor of new york stock exchange where liz claman is trying to make sense of it all. look, we've been saying this, we're down 520. you can't go anywhere, liz, because it is changing that rapidly. we've seen it now for several days. >> well, rapidity is the exact word that we should be focusing on here and right now we just were down 480 or so points. now we're down 526. when we crossed, i want to say 513 down on the dow level, some traders said, well, here we go again. we are once again revisiting these issues we started to see in full swing last friday. the dow sound sexy, but seems like a bigger point loss. look at s&p 500. we're down 48 points, well off the lows of the session. we had been down 60 points earlier. you see the divot at 12:54 p.m. eastern time but again you see the trajectory is to the downside once again. if you stretch it out over the last week or so, it has become a pattern where it looks like the s&p is trying to bottom. it comes off the bottom and can't do it. what do we see her today? we see there are no new 52-week highs on all 500 stocks on th

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. january meeting found they believe the outlook for the u.s. and global economy is positive. that raised expectations for more interest rate hikes this year. that ripple sent stocks lower. the dow lost nearly 167 points. the s&p 500 was down 15 points and the nasdaq was down 16 points lower. the annual report was released yesterday. the group praises the effects of tax overhaul and growth rate. the cea says the economic agenda enacted, the nation's growth rate will increase 3%. >>> more toys are us stores will close. they'll also lay off a significant portion of its corporate staff. they recently announced it was closing about 180 stores affecting about 4,500 workers. the journal also reports the company has pulled back on offering service to all. >> a top executive at ford has been fired following allegations of unspecified behavior. raj nair is leaving ford immediately. in a company statement nair said he regretted he's not exhibited

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diane king hall at the new york stock exchange. thank you so much. >>> still ahead, set your alarm, mark your calendar. palace officials tell of new details of the wedding service. the bathroom. when things go wrong here, you remember. quilted northern is designed to work so well, you can forget your bathroom trips. but daddy gator can never forget. "i've got to motor out of here. this is no place to raise a child." "i've got to motor out of here. right. in. your. stomach! watch this!... >>yikes, that ice cream was messing with you, wasn't it? try lactaid, it's real ice cream, without that annoying lactose. lactaid. it's the milk that doesn't mess with you. tonight, get your longhorn favorites. like our outlaw ribeye, parmesan crusted chicken or the longhorn salmon. the feeling. the flavor. the place. longhorn steakhouse. you can't fake steak. >>> here's a look at today's forecast in some cities around the country. shepherd be judged? a german last the competition goats under way today. the 5-year-old will certainly be a crowd favo

anne-marie. >> diane king hall at the new york stock exchange. thank you so much, diane. >> thank you. >>> still to come, winning moments at the olympics. a look back at the memorable images from the winter games from the knitting snowboard coach to the red, white, and blue sports bras. lyrics: things'll get brighter. lyrics: ooh-oo child lyrics: thing's are gonna get easier. lyrics: ooh-oo child, lyrics: things'll get brighter. everyone wants to be (cthe cadbury bunny because only he brings delicious cadbury creme eggs. while others may keep trying, nobunny knows easter better than cadbury!® >>> here's a look at today's forecast in some cities around the country. >>> russian women put on a good show during the women's figure skating competition at the winter olympics finishing first and second. 15-year-old allena zagitova home awards. in the overall count, norway and germany are tied on top with 13 for each country. and canada, 7 >>> president trivanums arrives. she'll lead sunday's olympic closing ceremony skming ceremon >>> dana jacobson is i

diane king hall is at the new york stock exchange with that and more. good morning. >> reporter: good morning, anne-marie. wall street opens for business again after yesterday's holiday hoping to continue last week's recovery. for the week, the dow rallied 1,025 points or 4.5%, recovering more than half the territory it lost earlier in the month. the s&p 500 finished 112 points higher. the nasdaq added 364 points on a weekly basis. >>> billionaire investor warren buffett releases his annual letter to berkshire hathaway shareholders on saturday. his letter is widely anticipated because of his remarkable success. the oracle of omaha explains complicated issues in simple terms as he reviews berkshire's performance and may discuss other topics. berkshire owns more than 90 different companies and a variety of businesses including utilities, retail, and insurance. >>> general motors says it will builds its cadillac xt-4 crossover suv at its plant in kansas city, kansas. gm says that means the fairfax assembly plant will keep about 500 jobs. the plant currentl

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york stock exchange. you see the dow up nearly 300 points. that's 292 points after yesterday's 1,000-point plunge. "good morning america" will have the latest at 7:00 a.m. >>> number 4, we're expecting to hear from jimmy garoppolo today. he will speak at a news conference on the record five-year deal he just made with the 49ers. worth more than $137 million. >>> number 5, calendar getting into mid-february. still feeling like spring today with upper 60s in the city, low 70s inland. >>> number 6, traffic has not been friday light. we've had three earlier stalls on the bay bridge. it is backed up into the maze and some slow rides as well. it continues to be sluggish from highway 4 to the maze. that's almost 40 minutes. >>> number 7, baseball is back. well, kind of. giants fans tomorrow at at&t park. you can get autographs, listen to q and as. walk on the field. plus all the new players are expected to be there. it all starts at 10:00 a.m. and it's free. that's exciting. i've done some walks near at&t park l

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bloomberg has -- spotify has filed for a direct listing on the new york stock exchange. the music company is not following the traditional ipo route, planning to skip a marketing brochure and conventional share price setting process. the price of shares on its opening trading day will be determined by the buy and sell orders collected. joining us now from l.a., our media reporter. lucas, talk to us about how this will impact the $25 billion music streaming industry. lucas: spotify has almost -- is almost a cohead of clear responsible for the recovery of the business over the past several years -- spotify is almost single-handedly responsible. formusic business shrank pretty much 15 years uninterrupted. in 2015, page streaming ticket back up, and spotify is far and away the market leader -- paid back up. ticked it will be really bad for music rights holders if the stock plummets, especially because all three of the major user companies -- universal, sony, userarner companies -- universal, sony, and warner -- own stakes in spotify. sony is listed in the filing. it owns alm

york stock exchange when it opens in just a few hours. and are we there yet talks drag on for a new german government germany's two biggest parties inch towards a coalition deal but they missed deadline after deadline as negotiators clash over key issues. i've seen you so much going to thank you for joining us we start in kenya with allegations of a conspiracy to kill in the slums of nairobi dead bodies of young poor men are turning up on the streets almost every day they're suspected of being criminals and are executed by the police without charges and without trial w. spoke to a whistleblower who revealed an underground war on crime that's believed to have claimed more than three thousand lives last year. october two thousand and seventeen it's been two days since my mom pry own lost her son brian nineteen years old executed by the police. state. for you. brian lived in one of nairobi slum the police suspected him of being a thug and thieves but his mother disagrees. before i make fun. joyce was brian's friend a neighbor here in her com

anne-marie. >> diane king hall at the new york stock exchange. thank you, diane. >> thank you. >>> still to come, a happy tale. the poofy pooch who took the top prize at the country's biggest dog show. country's biggest top show. is fibromyalgia is thought to be caused by overactive nerves. lyrica is believed to calm these nerves. i'm glad my doctor prescribed lyrica. for some, lyrica delivers effective relief for moderate to even severe fibromyalgia pain. and improves function. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior, swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling, or blurry vision. common side effects: dizziness, sleepiness, weight gain, swelling of hands, legs and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who've had a drug or alcohol problem may be more likely to misuse lyrica. with

with the president of the new york stock exchange, tom far it coming up. the nasdac is now positive for the year and that's very good news. melissa: i'm melissa frances that's david asman over there. this is after the bell. these are the big market moves coming as president trump unveils new details of his massive $1.5 trillion infrastructure plan that he says will be the biggest and bold its in history. we've got you covered from washington to wall street up first nicole petallides in the new york stock exchange and nicole what was driving the rally today? nicole: certainly we have an opportunity to bounce back after two weeks we certainly had a tough run over 2400 dow points dropping 9% it was fromming to see the back to back gains gaming over 300 on friday and holding on to a decent gain of over 400 points that's 1.7% the fundamentals are the same. corporate earnings are on the rise, we have beneficial new america's tax plan, we have the budget in place so these are the things and of course the new infrastructure ideas for the two years ahead also help

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. stocks on wall street zig-zagged for most of the session yesterday. industry and tech trades were the most. take a look at the broader market. the dow full 19 points, the s&p dropped 13 and nasdaq dropped nearly 64 points. >>> tesla lost nearly $64 million in the fourth quarter. they've lost $2 billion and never made a profit since they went public in 2010. ceo elon musk says the production of mass market model tesla 3 is improved but wouldn't say whether they would improve it sometime this week. >>> procter & gamble is cut closing its plant in kansas city. 280 people worked there producing hand and dishwashing detergents. 500 workers in iowa city will be affected. they've closed a dozen u.s. factories as part of its ongoing efforts. >>> and in san francisco, a trial. uber is accused of trading secrets from google's self-driving care company waymo. travis kalanick testified for the second day. waymo alleges that kalanick teemed up. he

at the new york stock exchange, thank you very much for that. looking elsewhere, the volatility has hit some exchanges especially hard. tokyo lost close to 5% on the day. the losses are not astro-med it in europe. here is how frankfurt fared, and why. analyst: trade tuesday with a sense of dread, following wall street losses on monday. the fears of flipping new york were in evidence early. although heavy losses were expected, the dax was spared the massive selloffs seen in the u.s. and asia. >> we went up too fast, whether last year or this year. the stock market in the u.s. is still up 21% from a year ago. no one knows when something is coming. one thing is clear. the data is stable. there is no impression it will just keep falling. elsewhere in europe, a similar conclusion. >> i think what has happened in the past couple of days has been a little bit of a hangover from those friday payrolls numbers, and in particular the sharp rise in wage growth. that i think has crystallized concerns that the federal reserve will embark on a much faster tigh

diane king hall at the new york stock exchange. thank you so much, diane. >> thank you. >>> still ahead, no relief from the flu. the number of cases continues to rise. we'll take a look at the best way to protect yourself. way to protect yourself. the bathroom. when things go wrong here, you remember. quilted northern is designed to work so well, you can forget your bathroom trips. but sir froggy can never forget. "i used to be a prince. but no princess would kiss me now." we know that when you're spending time with the grandkids "i used to be a prince. every minute counts. and you don't have time for a cracked windshield. that's why we show you exactly when we'll be there. saving you time, so you can keep saving the world. >> kids: ♪ safelite repair, safelite replace ♪ wrongdoing in washington d-c could soon be released. more on the push to release the democratic- based memo that refutes parts of what the g-o-p released last week. one step closer to finding the cause of the devasating wine country wildfires. for the first time

anne-marie. >> diane king hall at the new york stock exchange. thank you so much, diane. >> thank you. >>> well, still to come, winning moments at the olympics. a look back at the memorable images from the winter games from the knitting snowboard coach to the red, white, and blue sports bras. knitting snowboard coach to the red, white, and blue sports bras. lyrics: things'll get brighter. lyrics: ooh-oo child lyrics: thing's are gonna get easier. lyrics: ooh-oo child, lyrics: things'll get brighter. everyone wants to be (cthe cadbury bunny because only he brings delicious cadbury creme eggs. while others may keep trying, nobunny knows easter better than cadbury!® the mass shooting in florida -- while the school resource officer at parkland high school is under the microscope... one bay area city is seeing a spike in bold, daytime robberies... who the thieves are targeting... and some parts of the bay area saw some wet weather overnight along with freezing cold temps... what to expect for the weekend. join us for kpix 5 news this morning... begin

she's on the floor of the new york stock exchange tonight. and investors are saying this might be here to stay? >> reporter: that's right, david. many telling us this correction is a reality check, that rock bottom interest rates may be over. and when interest rates move higher, stocks can often move in the opposite direction. david? >> we do know that. linzie janis, thank you. >>> there's also developing headline from the hill at this hour. hard to believe, but this country is on the verge of yet another government shutdown, just hours away now. after president trump saw, let's have a shutdown, senate leaders, of course, came one a plan of their own. no daca, no dreamers, no wall. putting that off until later. but tonight, one senator is still talking, standing in the way of the vote, and then, of course, there's the house, too. just hours left for all of this to pass. is this about to happen all over again? mary bruce on the hill tonight. >> reporter: with a possible shutdown just hours away, and a bipartisan budget deal on the table, house

york stock exchange in two years and u.s. jobs report showed a surge in wage growth spunking inflation fears and worries about nick's celebration in interest rate hikes the equities slump spreading around the world today hitting both asia and europe. just after the opening bell in new york i spoke with our financial correspondent begins quarter i asked him how the new week is getting underway. well right now the sell of just continue or when markets is opening here and it's interesting to see because the reason why we're selling off is not because the economy is weak but that because the economy is strong you already mention interest rates but we also see them heels increasing and what does that mean that means that it becomes more expensive for corporations to get to adapt to finance their activities so we see some inflationary signs and saw right now the market is dropping again right at the beginning by about two hundred fifty points and by the way the six hundred sixty point drop that we saw on friday at least point wise

diane king hall is at the new york stock exchange with that and more. good morning. >> reporter: good morning. wall street's rebound continued for a second trading session. apple rallied 4% leading gains in tech companies, while industrials, banks, and consumer-focused companies like retailers also rose. investors are still keeping a close eye on tomorrow's inflation data. the dow rallied 410 points yesterday. the s&p 500 finished 36 points higher. the nasdaq jumped 107. >>> in a rare move, amazon is laying off some employees at its seattle headquarters. the layoffs affect a few hundred people according to the "seattle times." 40,000 people work at amazon's headquarters. keep in mind the e-commerce giant reported a profit of nearly $4 billion last year. the largest in its history and the first time it topped a billion in a quarter. >>> the largest books is sellseller -- bookseller, barnes and noble, reports sales during the shopping season jumped 6.9% and online 4.5%. >>> remington files for bankruptcy protection. the company reached a financial deal to

first let's get back to the roaring stock market down on floor of new york stock exchange where our very own nicole petallides standing by. nicole, once again it seems the market wants to go higher. >> that's right. we had a bumpy week. friday we saw up arrow. that managed to push our numbers into the green for the week netflix and amazon. both of those names hit all-time highs today. amazon crossed 1500 last week. fourth straight record close. look at it. up about 17 bucks. netflix up to 293. general electric on other hand one area we continue to follow. it has been a laggard over the last a weeks. down over 50%. restating numbers for last two years on earnings. the sec looking into revenue practices and internal financial reporting. stock is up after being to the downside. had been as low as july of 2010 with seven 1/2-year low. lastly looking at treasury yields. this is a big story. people seem to be less worrisome about rising rates and inflation. ashley: we have heather zumarriaga here. you will have to be more tactical in this environment. what do you mean? >> i think so, ashley. w

we have a live report from the new york stock exchange next. >>> r. >>> u.s. markets set to open in a little less than an hour, this since the dow's worst day since 2011. futures pointing to losses at the opening. let's get down to the floor of the new york stock exchange. cnn's alison kosik is there. what are you hearing. >> reporter: this could be day three of big losses. it looks like big losses for the opening bell in about an hour. the dow up and down maybe 600 points. if it does, that means the dow will be in a correction. traders i've been talking to here at the new york stock exchange as they prepare for the day ahead, they say they're not sure if the losses would even stop there. what triggered this? friday inside the jobs report, we learned about wages. wage growth grew at its fastest pace in years. for american workers, john, that's great news. for wall street, not so great news. they see a big red sign calling out inflation which could mean the fed could be more aggressive in raising interest rates which could make borrowing money more expensive an

let's go back to new york stock exchange where trader steven guilfoyle. sarge, does it feel like beginning or end of a correction here? >> i think we're in new environment. we all have to adjust to a new environment, adapt to overcome new obstacles. we heard treasury. they will need to borrow a trillion dollars next three years, off of 600 billion last year. how will we get our struck built? how will we spend on military. how will we build the wall? it will be very tough to reach a deal. david: let me correct one thing. that is what the cbo says how much money will be coming into the economy. really a stat, a static analysis. not taking into account the fact we may have huge economic growth that would actually create more revenues. it might not have to borrow a trillion dollars. i take your point. i want to get back to the feeling itself on the floor among traders. do they feel, i know it is very subjective, but this is the beginning or the end of a correction? >> i do think that we are in a long-term bull market. i think most traders feel that way. howev

york stock exchange and you very much for that and looking elsewhere the volatility has hit to some exchanges especially hot tokyo lost close to five percent on the day the loss isn't as dramatic in europe here's how frankfurt and why. traders began tuesday with a sense of dread following wall street losses on monday the fears afflicting new york were in evidence early you know though heavy losses were expected the dax was spared the massive sell offs seen in the u.s. and then asia. risen through should we went up too fast whether last year or this year the stock market the u.s. is still up twenty one percent from a year ago no one ever knows when something's coming but one thing is clear though the data is stable there's no impression it will just keep falling divide to get elsewhere in europe a similar conclusion but i think what's happened in the last couple of days has been a little bit of a hangover from those friday's tyros numbers and in particular the shot brought is in wage growth and that i think has really crystallized concerns the federal reserve will embark on a much fa

let's take a live look from the floor of the new york stock exchange. they are about to ring the opening bell to begin trading for the day. this is not the floor of the new york stock exchange. [ laughter ] >> but this is right outside the building as you can see. there's a big sign there, only make believe. we're looking at the building as we are waiting for the opening bell. investors are hoping for a rebound today following the dow's second quadruple digital loss this week amid ongoing concerns about inflation and rising interest rates. now, this is a live look at the floor here. we are five seconds away from opening bell. let's listen in. [ pause ] [ opening bell ] [ applause and cheers ] >> and there is that opening bell! it's welcomed with cheers and, of course, applause. and we want to see what the market is looking like today. we are going to take a look at the big board in just a couple of seconds because it does take a couple of seconds to get those numbers going. we are going to see how, um, the market has opened up today. but boy, it has bee