Pounce on the remarks an hour after he made them seems like a little bit of a leap here. It mixed into the selling sauce. The markets dont need to hear much to sell or trigger something. If they dont know what is happening on the fed front and certainly dont know what is happening on the virus front. As i often say they sell first ask questions later. Well see. Jackie deangelis on the new york stock exchange. With the dow down 265 points. An update. Jackie . Reporter were off session lows. It was interesting around 11 30 the market dropped the first 100 points. People were scratching their heads, asking if there were any headlines crossing the tape, what was causing this and there wasnt a clear explanation. When the second 100 point drop came, one gentleman said there were rumors floating around, chatter, that the markets were too complacent when it came to the coronavirus. There were concerns china is not forthright with all the information. Maybe the numbers are not accurate. Maybe t
You can see 87 points. Bernie sanders is the front runner for the dems, does that mean that chance of broken convention are going up, democratic insider robert wolf will be here to game it all out for us, the deadly coronavirus playing havoc as the consumer economy chugs right along, oh, yeah, less than an hour to closing bell, im Ashley Webster in for liz claman; lets start the claman countdown. Ashley well, lets get some breaking news right at the top here, u. S. Jury on friday has found Michael Avenatti guilty in criminal trial accusing the celebrity lawyer of trying to extort nike out of millions of dollars and to defraud a youth basketball coach that he represented. The lawyer was all but unknown until 2 years ago when he began representing the adult film actress Stormy Daniels in lawsuits against President Trump and making hundreds of television appearances. Lets get back to stock news, smile direct club by the way plunging after an nbc news story that ran that listed complaints
It is not right. They want to go to france. They want to go to determine germany, go to the uk where they came from. That is hair home. U. S. Is not their home. It is not fair were holding these people and that other countries arent taking because were bearing the cost. So i think that nato should be expanded. We should include the middle east, absolutely. We pay for a big percentage of nato. By the way, if you look at, speak to secretarygeneral stoltenberg, who is doing a terrific job by the way, he will tell you that i raised 130 billion more than they were getting. It was going down from past administrations every single year. It was down to a very low number. I came in. Got to pay folks, got to pay. Were working with you. Were protecting you. Were part of this. We dont want to be the fools like weve been some years. We raised 130 billion almost immediately. We had a meeting with the countries say you got to pay. I imagine they dont like me as much as obama and other people but you
Growth. Late on the program, ill be asking larry kudlow why is this happening in a fullyemployed economy. Thats jobs and now the markets. Here it comes, 29,000, the dow may hit that mark today. Yes, the astonishing market rally has taken us up 11,000 points on the dow, since the election, of donald j. Trump and the value of American Business has gone up 12. 8 trillion since he was elected. A few minutes from now the market opens and well see the dow go up just a little bit more , maybe 20 points up, s p up maybe 6 and a 30 point gain for the nasdac composite. One more story and its dramatic satellite and intelligence reports show the plane that crashed into iran was taken down by a missile. It was not mechanical failure or engine trouble. The plane was shot down. Canadas trudeau says it may have been done accidentally. 63 canadians were on board. Varney company, the friday edition, is about to begin. President trump when im thrilled to hold the first rally of 2020 right here, in the gr
Earlier today, then pulled back from that. We have a lot going on. Were awaiting results from this hour that can shake up markets tomorrow with the netflix numbers coming out. First of tech titans to report Quarterly Earnings this season. First time for a company that will have numbers where we can compare it to disney plus. A lot of people looking at that. Melissa thats a big story. Then overseas President Trump sitting down with Global Leaders at the World Economic forum at davos praising his economic record while back on capitol hill the Senate Impeachment trial is officially underway. Well bring all the breaking headlines this hour. Connell as we go into the netflix numbers, just starting to cross right now, lets bring our panel in to talk about them. Scott martin joins us from Kingsview Asset Management out of chicago. Liz peek columnist here in new york, both liz and scott are fox news contributors. The numbers as they cross, netflix revenue 5. 7 billion in most recent quarter is