Plus it is round two astrumps cabinet appointees are taking the hot seat on capitol hill. The hearing for interior secretary is currently underway. In just one hour, Senate Democrat are expected to grill betsy devos, trumps choice for education secretary. Fox business will be bringing that hearing from stem to stern live. Coming upjohn stossel will join on after the bell to sound off on all this. Melissa dow plunging as dollar slides to onemonth low as president elect donald trump described the currency as too strong in an interview with the wall street journal. Phil flynn, Price Futures Group is fox business contributor. Watching action on gold from floor of the cme. Lori rothman on the floor of the new york stock exchange. Lori, start with you. What was driving the trade here. Dollars was a big theme throughout the session. What is wrong with a strong dollar . Multinationals that do a whole lot of business like nike, mcdonalds, makes it more expensive for them to do that business. Si
Immediate construction of a border wall. [applause]. It is is so badly needed. You know how badly it is needed. This will also help mexico by deterring illegal immigration from Central America and by disrupting Violent Cartel networks. As i said repeatedly the country we are going to get the bad ones out the criminals and of the drug deals and gangs and gang members and cartel leaders the day is over where they can stay in our country and wreak havoc. Were going to get them out and were going to get them out fast and john kelly is going to leave lead that wave. [applause]. Our order also does the following. Ends the policy of catch and release at the border. It requires other countries to take back their criminals. They will take them back. Cracks down on sanctuary cities empowers ice officers to target and remove those who pose a threat to Public Safety. Calls for the hiring of another 5,000 Border Patrol officers. Calls for the tripling in the number of ice officers. [applause]. And
Bait. We will monitor for the moments he gets up on stage. They want to know if mike pence will help his running mate prepare for the president ial debate on Hillary Clinton uses a day to do her own preparations. Preparation is the key word in this hour. There up and down the eastern seaboard. Also the carolinas are very concerned at this moment that the deadly Hurricane Matthew is taking aim at the bahamas and there are alarming reports of price gouging on water here in the u. S. We will get that story to you and plus the space race heats up. They take up with a painful hit. And Charlie Gasper in a guess bring out without warning for the tech giants. Where less than an hour to the closing bell. It starts the count on. Just as we thought. It would be the norm they have managed to bust through the clouds. Trading near session highs. S p up at 12. And as i mentioned they are turned turning have by nearly hundred 40 points. What is fueling this energy. Thats what were really seen today as
Momentum heading into his own debate on sunday. Melissa back to the markets. The dow ending the day up triple digits, led higher by shares of goldman sachs, caterpillar and jpmorgan. Oil also moving big as Hurricane Matthew closes in on the u. S. Phil flynn of the Price Futures Group is a fox business contributor. He is watching the action from the cme. Lori rothman is on the floor of the New York Stock Exchange. Lori, retailers getting a big boost today. I think it is fair to say, melissa, that the positive tone was set earlier with finally good news on the u. S. Economy. Ism nonmanufacturing survey, into things that comprise a lot of consumerbased names came in much better than expected. It was the best month for the Services Industry in the last 11. And there you can see some. Jewelers did phenomenally well today. Signet jewelers up 4. 6 . Fossil, sears, gap, range of retailers with pretty significant moves to the upside today. Lets talk about twitter because the wall street journal
Youre looking at live pictures inside the Theodore Gibson center on the kendall campus of miamidade. Why is this significant . Because al gore is making his firstever Campaign Appearance with Hillary Clinton. Were going to take you there live as soon as the two appear. Meanwhile, after two morning fundraisers in the lone star state, mr. Trump is also headed to florida for a rally this evening. It comes on a day where fox news has just changed its projections on the race in that battleground state of florida. Mercedes schlapp dives into these developments and more. Plus, samsung was hoping its highend galaxy note 7 would light9 the world on fire . Unfortunately, it did. Youre looking at pictures of what happened to many of those phones. The company now killing production overall. Is samsungs pain not just apples, but googles gain . Wereless than an hour to the closing bell, folks. Weve got a lot of breaking news here, stay with me. Lets start the countdown. Liz so as you look at the Dow