AFN NEWS
Thursday, January 7, 2021
1) From ABC News, I’m Michelle Franzen. The U.S. Capitol under siege; Trump supporters storming the halls and chambers earlier today at the capitol as the certification of the electoral results from each state was taking place. A formal step in the democratic process disrupted with violence. President-elect Joe Biden, “This is not dissent, it’s disorder. It’s chaos and it borders on sedition and it must end now.” Biden says it’s an assault on democracy and called on the President to do his job and stop fanning the flames. The President earlier spoke at the rally urging supporters to march to the Capitol, even suggesting he would too. Then, he tweeted for remaining peaceful until Republican leaders told him that’s not enough. The President putting out video messages past hour continuing unfounded claims that he won the election and told people to leave. “You have to go home now. We have to have peace. We have to have law and order. We have to respect our great people in law and order.” Republican leaders also speaking out. House Minority Leader Kevin McCarthy, one of the lawmakers, rushed to safety during the breach said it was the saddest day in the office. “I condemn any of this. This is appalling. This is un-American. This should never happen in our nation and whatever is going on right now has got to stop.” At one point, shots were fired in the chamber. D.C. police say one civilian woman was shot. Her identity and details of how she was shot unknown.
2) The session today is a ceremonial step before chaos broke out. Senate Leader Mitch McConnel taking a stand against the President and Republican, saying it would move the country into dangerous and uncharted waters. “If this election were overturned by mere allegations from the losing side, our democracy would enter a death spiral.” Washington’s Mayor now issuing curfew set to begin in the next hour as the sun sets at the nation’s capital. You’re listening to ABC News.
……………………………………………………………..
I’m Connell McShane. This is the Fox Business Report.
Stocks closing mixed and pared back from
bigger gains the wild unrest forces the U.S. Capitol into lockdown. The
major averages gaining on investment. Democratic sweeping Georgia could lead to
more fiscal stimulus and infrastructure spending. Stocks were hurt by the pandemic.
Such as banks, industrials and small companies
gained today. Internet and tech-heavy Nasdaq failed as investors worried that
the Democrat-controlled Congress could lead to higher taxes and a whole lot more
regulations. In the bond market the yield on benchmarks 10-year U.S. Treasury rose
1% for the first time since March. The Dow winners Goldman Sachs, Caterpillar, JPMorgan.
The Dow decliners; Apple, Microsoft and Salesforce. Take a look at Wall Street
by the numbers. The Dow up 438 points for a record high, the Nasdaq finishing off
78. The S&P added 31.
That’s your Fox Business Report. I’m Tom Graham,
invested in you.
