Negative territory for the day. This is the last trading day for the month. All three major averages end in the green for the second month in a row. Fox Team Coverage with Edward Lawrence at the Federal Reserve. Jackie deangelis on the floor of the New York Stock Exchange and blake burman of course at the white house but edward we start with you. Reporter a quarter point percentage what they cut off the federal funds rate. Not everyone in the room believed that should happen. There were two dissenters, boston Federal Reserve president and kansas city Federal Reserve president said they would like to see the fund where they were. Jerome powell said this will not start a lengthy process of fed cuts but it will not be a one and done. He says as we see more accommodative Federal Reserve here moving in that direction, he is almost taking credit there for the economy, economic expansion continuing. What he says were seeing low unemployment, wages rising, consumer spending. So i wanted to kno
Federal investigation now setting sights on a powerful democratic lobbiest. Who he is and why. What happened to those four american soldiers killed in an ambush in niger. Were expecting a News Conference from chairman of the joint chiefs of staff, general Joseph Dunford from the pentagon. Any moment well take you there live. Look at markets. Nicole on floor of new york stock exchange. Well it is almost like we need a little bit of a breather, right, nicole . What are traders saying. They think it is quite okay we have a little bit of a breather. They are impressed we tested thresholds and moved higher. Scott ressler on us last hour said exactly that we pull back hold levels on bottom, only moving higher to the up side. You saw every sector to the downside, energy, materials, telecom, utilities, those dividendpaying stocks those did okay. Were trying to hold on to the green. Everything finished to the downside. The dow down 53 points after the 70th record close on friday under, since el
The tax plan as a new report says the the plan from the senate could be very different and delay in the Corporate Tax cut for a year. What . Congressman tom rice from the house ways and Means Committee will respond. President trump in china issue issuing a stern message for north cree. Dont mess at usa. Ambassador john bolton with that. New accusations from chairwoman donna pray seal, brazile, comparing the Clinton Campaign to a cult. Another good day for Nicole Petallides to follow. She joins us from the floor from the new york stock exchange. Hi connell. 401 k or ira. It crossed the 900 billion mark for market cap. Largest company in the world. So that was a pretty big deal. Well watch for the next stop. That would be one trillion. That would be 194. 77 a share according Senior Editor charlie brady. You can watch for that. We had big breaking news on time warner, at t. This is story going on all day. Time warner down 6 1 2 . At t, actually started lower, moved higher on the news but
Going from here. Michael bloch and of course the Nicole Petallides done at the new york stock exchange. Why dont you start us off. We talk all the time about resistance in markets that the reference to the s p 500. It does seem to be some resistance anonymous 20 k. Number. Its true. Well it easy to get to remember, you dont have that. You have to breakthrough. You need a catalyst to push you through that number. But the lack of Trading Volume about 60 under a trading average and the headlines are not really giving the boost spirit 16 year high of 21point. One is optimism on trumps policies with some better earnings. The idea is the consent is a 20,000 is coming in the near term. Connell exactly. Hovering around for quite some time. We spend so much time having conversation about what happens afterwards. Thats kind of what we do this time of year. What is item one would he think the most about. The backbone driving the market lady it is kind of a positive they think we are moving from l