Been pushing the stock markets to higher levels too. Its huchl nature, but you know you cant scott, you can confirm this for me. Youre on half time report and youre our market watcher. You have a bunch of smart guys, staide traders and stuff. You cant hit new highs unless youre very close to the high. Yes. If youre 2,000 points below the old high, you cant make thats awfully difficult. Is this your insight for the dwa . No, im trytology give it to the market people that come on whenever we get close to the old highs and say this isov overdon they get used to a tlad ugh range. When it breaks out. Its probably a reason that it breaks through old highs that its got some momentum. How many times did it get close before and fail. In the last two years, but. It failed almost every time. If it did all this turning and rotations, all these if its already built a firmer, nonfed induced base, based on 4. 9 unemployment and jobs growth, weve been through the earnings recession. Maybe were startin
The 100 billion beer deal has been brewing for months is closer now to being a done deal, sabmillers board will recommend that Shareholders Approve a take overby anheuserbusch inbev, boosted initial offer to the postbrexit drop in the british pound. Facebook could you up to an extra billion dollars, a transfer of assets to ireland in 2010 and new york fed is asking the Philippine Central Bank to help recover 81 million stolen by hackers back in february. That 81 million belonged to the bank of bangladesh. Roeuters reports the money was mostly laundered through the casino industry. All right. Tyler, im brian sullivan. Check on your friday, the s p 500 despite that disappointing gdp print briefly hitting yet another new intraday high, it has since pulled back. The magic number to watch for a closing high 2175. In the meantime the nasdaq is trading at a 52week high itself up by big gains in google, amazon, and much more on those names ahead. We are also all over this oil slide. Crude oil
Also we have some earnings. Chevron, exxon mobile, murk. U. S. Equity futures at this hour, little bit of a mixed picture. More the most part down. S p 500 down 2. 5 points. Nasdaq is looking up. Were going to talk about some of the tech earnings last night. Markets had trouble all week. Remember the herald ham remember during that convention. Right. Just about the trump rally. Just about seems like every day we went up. The more that comes out of phil philly, the more the market is running. Maybe its coincidence. There were earnings. They were good except for ford. Other real things that happened in the world. The greatest thing about the market. The dacaterpillar. You can come up with any explanation you like. Just not for nothing, but i dont know. What its worth, its raining out today. Maybe thats it. I dont want this tournament to get rained out today. Hate that when they have to play 36 holes on a saturday. Maybe not. Its early. People arent teeing off yet. Youre talking about the
Roseanne bar is back with a big political announcement. Fox friends starts right now. That hurt. Snoe talking about freedom im talking about freedom hey, friends. Good morning on a fourth of july. Thank you so much for waking up with us here on fox friends. Weve been asking you for the last several days what makes you a proud american. We want you to use the hashtag this morning. Were going to be sharing some of your pictures. Proudamerican. Anna kooiman is here. Good morning. Were in for brian, steve and ainsley. Im clayton morris. Sixth avenue, theres no traffic. Look at that. The uber i had to take in this morning was on search prices. Casey sent this picture in this morning of her 8monthold son kip doing his best Bruce Springstein impression. The boss. This is from cindy pictured with her son who just came home from his third deployment. Welcome home. She says, he makes her a proud american. This one is from lee who says in our house everyone is proud to be an american, even our be
We are following the latest news as its coming into our newsroom. Police have now detained three people who may have been involved in a shooting. Shots were fired in a parking lot of a nightclub that was hosting a teen party in ft. Myers, florida. This happened at a club called club blu. 17 people in total have been shot and two of them are dead. Theyve not been identified at this hour. Were watching that part of the story as well. Multiple people, we are told, are fighting lifethreatening injuries right now inside the hospital. Some inside the club were as young as 13 years old. Witnesses on the scene describing it as mad house with others saying they heard around 30 gunshots that bystanders say may have come from multial guns. They say the shooting may have lasted as long as ten minutes. A woman who was at the club when the gunman opened fire used Facebook Live to talk about the chilling events. Listen to this. They running behind but you dont know who they shooting. They just runnin