S p, also slightly down but the nasdaq showing essentially flat to slightly higher. Remember, were just about 15 points away, by the way, on the s ps alltime closing record. We will keep an eye on that. How about this. One of the largest malls in the world opens today in new jersey. Its called the American Dream mall. It will have hundreds of stores, restaurants and indoor Amusement Park with roller coasters, and a 16story ski slope. All sorts of experiences. But it comes at a 1 billion cost to taxpayers. It will likely be a traffic nightmare. Wait until you hear how much it will cost to park there. Yikes meanwhile, President Trump heads to South Carolina later this morning. Hes going to an event on criminal Justice Reform. If the president speaks to reporters, which he likes to do before leaving the white house, you will of course see it right here. Got a lot of news to go at this morning, including those rapidly spreading wildfires in california, and Charles Barkley going after Vice
Making money. Charles its a huge day for markets. The s p on pace for record close. Were officially halfway through earnings season. Guess what, folks. We are enjoying life. People are buying stuff they dont but what they want. Check out some huge winners from earnings season. Recreational vehicles. Snowmobiles. Motorcycles, electric sportscaster. These stocks have made gigantic moves last couple weeks. People sprucing up inside of their homes, rather than the kind of projects weve seen more recently if recent years, where people were making house easier to sell. Were buying furniture stocks. Check that out. They made mon store moves, Mohawk Carpet maker. If youre worried this looks like 2007. This time were not buying stuff refinancing our hours three or four times and using the credit card. Scott, im loving the action. Forget about how Many Companies missed a beat. Im looking companies react. Mohawk through the roof. Winnebago through the roof. The stocks dont move unless people have
Planned to ask the u. S. Not to impose tariffs on december 15th, 15 tariffs. Not seeing the Vice President s speech Strong Enough to stop the trade progress. Still chinese saying the speech was full of arrogance, hypocrisy as well as lies. Spokesperson for the Chinese Foreign ministry pushing back on the human rights accusations. Turning it around on the u. S. , highlighting income gap between rich and poor, pulling back from treaties and mass shootings. We advice people in the night to take a good look at themselves in the mirror to recognize their own problems, manage their own affairs. Vice president chief of staff made a point directly, to talk plainly to the chinese government, plus tell them that the u. S. Is willing to work with them. I think the Vice President extend ad hand to say we do not want to decouple from china. Were anxious to have a trade deal. At same time, what i think we have seen administrations do, republican, democrat alike. Once we allow china in the world trad
See reporting live from Nationals Park in washington, washington, the site of game three of the world series with the hometown nationals leading the astros two games to none. They bring the world series to our nations capitol. It marks the first time the series has been played here in 86 years. Could be the first time this team has ever won it, the first victory for the city since the senators won the world series way back in 1924. In a moment i will speak with Ken Rosenthal from pox sports. First we begin with fox Business Team coverage of top stories on a friday. Gerri willis on the floor of the new york stock exchange. We have Edward Lawrence live at the white house. Susan li with the latest on Mark Zuckerbergs fireside chat. Grady trimble in chicago on the looming United Auto Workers decision but first, to the white house, a man who has a big nationals fan wishes he was here. Edward, first to you. Reporter that is true. Im very jealous of that assignment. You can see what the marke
Indeed we will. Lets get a check on the markets which are looking a little better than they did earlier. Were narrowed the gap trying to turn green again like we were briefly were at the top of the session. The dow is down seven points and the s p 47. The nasdaq is down 22. Shares of gm moving lower this afternoon on reports from the wall street journal. Its not about the strike. Its that at least 20 million vehicles potentially have dangerous airbag parts. Those shares off the lows down 2. 5 . On to another automaker in the red, how about rivian down nearly 20 now after announcing 1. 5 billion convertible bobbed sale and issuing disappointing guidance. Those shares have been steadily moving lower. They are under 20 today, and clorox also lower after weak guidance. Much more on this companys woes ahead. 6 drop. This one, tyler, moving a little bit off the session lows. Finally, a new study revealing weight loss drugs like wegovy and osemipick may lead to stomach paralysis. They could b