Mcshane. Didnt quite get there on the s p. Were live from joe bidens hometown. Scranton, pennsylvania. Ahead of the presumptive nominees speech tonight at the Democratic National convention. I spent a lot of the day speaking to owners and Business Leaders in the area. You will hear a lot of that throughout the hour. First the top stories. Fox Team Business could have with gerri willis keeping an eye on markets blake burman at the white house as usual gerri, we start with you. What a difference in the markets and what a difference the a day makes. They are shrugging off recovery concerns. The dow powering ahead. The dow on pace to snap a threeday losing streak. It did just that. S p up three of the last four sessions. Nasdaq was the star here. You remember back in march we were under 7,000 . Closing at 11,264 to be exact. Apple, guess what, they have the two trillion dollar crown. That is new market cap for apple. Shares hitting alltime high. Unbelievable at 2,012,000,000,000. Apple is
A live update. Yeah, cheryl was right, markets are losing a bit of steam late in the session. The s p as i said, kind of straddling that line. Its up two points right now but the nasdaq which had been up, is now in the red, negative by 13 points. It was headed toward a second Straight Record close. Dont worry. Thats not necessarily in the rear view mirror. Weve got again, now its 59 minutes, we will see. Are we witnessing the start, though, or at least the original sounds of a correction . Our floor show traders are about to play defense for your portfolio. From white claw to bud light seltzer, now the seltzer wars, those hard seltzer wars are really bubbling up as a new competitor joins the battle. In a fox business exclusive, we have the president and ceo of Anheuser Busch north america to respond to cokes new challenge. And we will take you for a ride. This is so cool. On the new socalled fun utility vehicle. The ceo is here to show it to you but also to talk about how everyone from
President trump on his way back from utah, announcing a major roll back in regulations of two National Monuments. Well take you live to Salt Lake City for more on the historic move. President also calling into credibility of the fbi into question, after new reports surfaces on key age sent caught sending antitrumpc texts. Latest on this story from the white house. Among our guests this hour, mike huckabee, dan henninger, liz peek, Grover Norquist and general jack keane. Go to the markets first. That abc didnt work out for brian ross as planned. Oops. Connell and the trump campaign. With all of that we close higher on the dow. Nicole petallides on floor of new york stock exchange. We were up a lot earlier earlier in the day. Who are big winners or which companies are big winners . We were up over 300 points at one point. You have to take what you can get here. Over the last two weeks, up arrows for the dow. 837 points during that time. Tacking on another 58 points. So basically 1000 po
Looking to close stores wants to shut down another 400 locations, on on the of the 400 it already in the process of closing. Which stores may be affected. Uber making return to austin after a year of being out of that city, how the company is making the comeback, futures showing this happening in the markets slight losses across the board, but the s p and the nasdaq starting this day at record highs. Later this morning we will get the second reading on our Economic Growth gdp for the First Quarter. In europe to look at action there, we have mixed markets with sizable lost cac quarante france down 3 4 of 1 , in asia overnight, market already closed we have gains except nikkei in japan plus Summer Box Office season kicking off this weekend the bay watch remove he movie we have a preview show you what we can all that so much more Politics National political reporter is here, rosecliff ceo mike murphy Lea Gabrielle joining us. Too long great to be here. A 10 minute reprieve then i give you
Well take you live to the white house for details. Also Hurricane Harvey gaining strength and speed as it barrels down the gulf coast. Were tracking the storm from the Weather Center and well have the very latest when and where it is expected to make landfall. Cheryl get back what were looking at with regards to the markets. Losses accelerating into the close. Were down 29 points, 21,872 782. Gerri willis standing by on floor of the New York Stock Exchange looking at bigger movers, movers to the downside, gerri. Not a pretty day today with a lot of red on the board. Let me tell you about winners. Cisco and merck doing well up marginally. United technologies big loser. Big name losing today, walmart down. Why . This is a fascinating story. Amazon is going to cut prices on supermarket staples, everything from bananas to beef. Once they buy whole foods they expect to drop those prices and let me tell you the entire sector, supermarket stocks down, kroger, costco, supervalu, target. Take a