Photo of the day:

Former President Bill Clinton joins the Bloomberg/Secunda USVI Response Team in St. John yesterday.

Most Read on the Terminal (Last 8 Hours):
Stocks Slump Worldwide; Dow Futures Fall Sharply (Bloomberg)

Welcome to the Fed Jerome Powell. Powell’s First Day Brings Stock Rout (Bloomberg)

More Market Headlines from the Bloomberg:
What On Earth Happened to Stocks? Here’s Where to Cast the Blame
Ex-Goldman Volatility Trader Sees More Blood Before Rout Ends
Strategist Who Called Stock Slump Says It Will Be Short Lived
The Daily Prophet: ‘The Godfather’ Holds Lessons for Markets
Machines Had Fingerprints All Over a Dow Rout for the Ages

Pro Tip: Follow the Markets Live blog on the terminal at MLIV <GO> for the latest.

Raising the specter of a monthslong court battle over whether President Trump must answer questions under oath, Trump’s Lawyers Want Him to Refuse an Interview in Russia Inquiry (New York Times)

Meanwhile in Venezuela, Colombia and Brazil: Almost 96,000 Venezuelan migrants crossed into Colombia in November alone. As Venezuelans Flee, Refugee Camp Springs Up Across Border (Bloomberg)

Bloomberg Benefits: Columbia Journalism Review Finds Bloomberg Has Among the Most Generous Parental Leave Policies at Major U.S. News Organizations

Bloomberg Technology anchor Emily Chang is featured in today’s New York Times. Her book, Brotopia, is out today. How Silicon Valley Came to Be a Land of ‘Bros’ (New York Times)

100 Years Ago Today in the UK: On February 6, 1918, the Representation of People Act of 1918 passed allowing women to vote for the very first time. It also allowed all men over the age of 21 to vote too. Women Get the Vote for the First Time (BBC)

Tweet of the day:

@MikeBloomberg: A special thanks to @BillClinton for coming to St. John today to meet with community leaders on #USVI long-term recovery efforts with @BloombergDotOrg Recovery Team and @Bloomberg co-founder Tom Secunda.

Best of Late Night:

“President Trump and first lady Melania traveled to Cincinnati today. Said Melania, ‘Of course they seat me next to a crying baby.’”
— Seth Meyers

“Remember when Donald Trump told us we would be tired of winning? Well, evidently the stock market is exhausted.”
— Stephen Colbert

“The stock market is just like the rest of us: It spent January working on improving itself, then in February said, ‘[expletive] it.’”
— Stephen Colbert