AFN NEWS
Thursday, January 28, 2021
1) From ABC News, I’m Michelle Franzen.
For the first time in the year, Homeland Security issuing a
terrorism alert. This time warning domestic extremist groups are plotting more
attacks. The public bulletin warned of ideologically motivated violent
extremists who object to President Biden’s victory, inciting or committing
violence. The Department of Homeland Security issued the warning through the
public National Terrorism Advisory System that replaced the color-coded alerts
after 9/11. The bulletin said the extremists are motivated by anger over
coronavirus restrictions, the 2020 election or police use of force. The same
drivers to violence, the bulletin said, will remain through early 2021. Aaron
Katersky, ABC News, New York.
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I’m Connell
McShane. This is the Fox Business Report.
It’s bad, a selloff on Wall Street with stocks
closing sharply lower. The Dow suffering the fifth straight session of losses,
and valuation worries that the Federal Reserve Chairman Jerome Powell
offered a sobering outlook for the U.S. economy amid the pandemic. And the Central
Bank is keeping short-term interest rates near zero, and Federal keeps stimulus
measures in place until its goal of lower unemployment and 2% of inflation are
achieved. The Dow winners today; 3M, Walgreens and Cisco. The decliners; Home
Depot, Caterpillar and Boeing. Take a look at Wall Street by the numbers. The
Dow down whopping 634 points, the Nasdaq off 355, while the S&P 500 dropped
99. There was no stopping for GameStop. Shares of the video-game
retailer’s surging more than 133%.
That’s your Fox Business Report. I’m Tom
Graham invested in you.