Trish were going to get to all of that. But the president is telling mr. Lou dobbs, that well have the biggest tax cuts ever in our countrys history. And two new probes into the 2010 russian uranium deal. A shady deal that went through while Hillary Clinton was secretary of state, and while president obama was in office. Why did they allow a foreign country to control 20 of our uranium supply . President trump saying just a short time ago, this is a modernage watergate. Wow. And House Majority leader Kevin Mccarthy is here to talk tax reform, the russian deal and a whole lot more. But first, lets bo to blake burman, he is outside the white house with the latest on the dossier. The president giving rather impromptu press conference, mentioning the dossier. Reporter impromptu, what were getting used to, trish, the president speaking while leaves the white house. Of the his first react to the revelation that it was Hillary Clinton campaign and Democratic National committee that had funded
Out. What a senior white house official is telling fox now. Suspicious story. The u. S. Vowing to tighten the screws as north korea test as missile they claim is capable of carrying a Nuclear Warhead. Well examine the latest thread coming up. David back to these markets, shares of record markets. Shares of johnson johnson, cisco and caterpillar driving the dow higher. Oil adding fuel to the rally as well. Phil flynn watching action from the cme in chicago. First to Ashley Webster on the floor of the New York Stock Exchange where the tech titans are just unbelievable. It is going through the roof look at even though amazon ended down, my god, 957 a share . Ashley they hit highs every session it appears. Record highs, david, intraday highs at least. As you say, apple, amazon, Alphabet Google same story with netflix. These are the drivers. This is pushing nasdaq to record high or record closing i should say. 32nd record close for the year becoming hohum. S p finishing in record territory
Mixed bag with the and s p higher. Lauren a scandal at the vatican after being charged with sexual assault. Training to new rules for Airport Security. Now you can hold onto your laptop that you may have to wait longer in the security line. Happy fourth of july. Lauren it gets very confusing. L. A. Clippers star Chris Wallace heading to houston and extraordinary night for the u. S. Entree new york yankees. Cheryl 5 01 a. M. Thursday, june 29th. Good morning, everyone. Im cheryl casone. Lauren and lauren simonetti. This is fbn am, your first look at morning markets and breaking news. Cheryl great news for investors. The first time all of the u. S. Things have passed the feds annual stress test. Investors could be reaping rewards. Lets get details from our own adam shapiro. Good morning, cheryl. Good morning, lauren. The headline has to do with the fact that the banks right now seeing huge dividend increases hezbollah Share Buyback programs. The senior Federal Reserve official said that
To reset expectations on tax reform. Well produce a much better tax code, it will make a huge difference for our country. It will be done during this congress. Trish this congress . Could still be a long time. The message, hang on everyone. Just wait. It will be better if we wait. You know what . That is not good enough, senator mcconnell. Americans elected you to help the president , help get things done. Repeal and replace. Theyre are upping out of patience, republicans risk getting voted out before anything happens. Kellyanne con sway joins me with her reaction. Blake burman from the white house with latest whether we see tax reform anytime soon. Reporter trish, competing timelines between Mitch Mcconnell and House Speaker paul ryan. Mcconnell played earlier today it would happen during this congress. Congress end 2018, leaving possibility it might not be until 2018. Speaking at bowing plant, House Speaker paul ryan was optimistic tax reform would happen this calendar year. Folks wo
And nfl legend jim brown. Well tell you why. Donald trump adding two big texans to his team. We love texas. Exxon Ceo Rex Tillerson as secretary of state. Sources telling fox news that former Texas Governor rick perry will head up energy. Were live at trump tower with the latest. David before we get to all that, lets go back to wall street for a recordmaking day. The dow up 110 points. Less than 100 points away from a major milestone, 20,000 for the dow. It has only been three weeks since we hit 19,000. Looks like its a trump rally, folks. It has been a rocky day for oil. Trader Scott Shellady is here to tell us why and lori rothman on floor. New york stock exchange. So the biggest movers, lori, who were there . Hi, david. Look at the dow and break it down. Intel up with two and 1 3 . Exxonmobil wishing Rex Tillerson sending him off. Ibm up as well. Microsoft alltime high. Bill gates went up the golden elevators to meet president elect trump. The news about ear pods, wireless ear buds,