AFN News March 04

 AFN NEWS

Thursday, March 4, 2021

1) From ABC News, I’m Michelle Franzen. Security stepped up at the U.S. Capitol after a joint intelligence brief warned of a possible plot tomorrow by a militia group. It comes as Senate lawmakers are investigating what went wrong with security on January 6th. “It was just before 2:00 p.m. on January 6th when D.C. National Guard commanding General William Walker said he received a frantic call from the Capitol police. ‘His voice cracking with emotion indicated that there was a dire emergency.’ But Walker said approval to deploy did not come for more than three hours. The Defense Department Robert Salesses said the acting Defense Secretary called for all available forces sooner than that. ‘And ordered the full mobilization of the D.C. National Guard at 3:04 p.m.’ By the time the National Guard arrived, the riot was largely over. Aaron Katersky, ABC News, New York.”

 2) One American contractor died after another rocket attack in Iraq at a base housing American and coalition troops. “President Biden says it’s still not certain who launched this latest hit. ‘No one was killed by the rocket. One individual, a contractor, died of a heart attack. But we’re identifying who’s responsible and we’ll make judgments from that point.’ If another Iran-backed group fired that rocket, it will further hurt chances of the U.S. and Iran resuming nuclear talks.” Andy Field, ABC News, Washington.  

 3) Texas and Mississippi moving ahead to roll back mask mandates. The CDC Director Dr. Rochelle Walensky is urging Americans to keep wearing those masks. “Stamina has worn thin. Fatigue is winning, and the exact measures we have taken to stop the pandemic are now too often being flagrantly ignored.”

 4) For the first time since multiple sexual accusations surfaced, New York Governor Andrew Cuomo offered an apology but said he won’t step down. “I’ve never touched anyone inappropriately.” New York Attorney General is investigating the allegation. You’re listening to ABC News.

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I’m Connell McShane. This is the Fox Business Report.

Stocks finished its session low as another pickup in bond yields giving investors pause as the stimulus bill battle continues in Washington. The Nasdaq falling sharply as investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery. Financials, industrials, and energy companies were among the gainers. The Dow winners: Boeing, JPMorgan Chase, Goldman Sachs. The decliners: Apple, Microsoft, and Salesforce. Take a look at Wall Street by the numbers. The Dow down 119 points, the Nasdaq down 361, the S&P down 51. In the best sign yet of a recovery in the ride hailing space, Lyft saying it saw its largest volume of rides last week since March of 2020, even called it in the pandemic when it started to take hold. Walmart making major investment in U.S. manufacturing with the $300 billion commitment.

That’s your Fox Business Report. I’m Tom Graham, invested in you.