Race which is heating up as a big Rate Cut is set to bring Borrowing Costs down. With high prices and the economy still at the top of americas minds, which candidates plan will get voters or fired up at the polls in after a second attempt on President Trumps life, the bipartisan Push Congress is making to keep making president ial candidates safe. The Task Force Member,. Pat fallon, and Democrat House Intel Community Member Ami Bera are here. I am David Asman in for Neil Cavuto, this is cavuto live. Kamala harris and Donald Trump are talking up the top issue which, of course, is the economy. Alexandria hoff is in wilmington, north carolina, where trump is set the speak later today. Hey, alexandria. Reporter hey, david, good to be with you. Yeah, Cost Of Living, Housing Prices are at the the fore if front of the former president s remarks here today. But with this Rate Cut, you know, just recently happening its kind of resumed some of the criticism that the former president has had of C
It seems it was the outperformance of the small caps. Joe abigail, what are you watching . Abigail s p 500, possibility of new record highs ahead. The chart you have been watching for many, many weeks is starting to turn more bullish than it was last week erie of this years big rally out of the downtrend, and around may with trade concerns around the fed, this range everyone has been talking about making it bullish is the lows, each one is higher. Equidistant highs telling you the sellers are about as confident as they have been before. An rsit together with that appears to be ready to break out to the upside, it suggests that not only are we likely to stay above 3000, but we may have new record highs ahead, there are so many factors to take into account. Well, abigail, i wanted to dive into tech. Some of the big names are really underperforming. Things are only up 20 year to date, as you can see, relative to the others that are up 30 to 40 . Why is this . Miller said the group was und
Higher opening. In europe stocks are higher across the board. Take a look at the indices. The dax index and the cac quarante are up half a percent a piece. The british pound dropping sharply showing the conservatives will fall short of winning majority in parliament. It has since stabilize slightly but still lower. In asia overnight, stocks mostly higher. Worst performer was hong kong. Nikkei average in japan 1 half of one percent. Chaos across the pond in turmoil in capitol hill. James comey slammed President Trump saying that the commander in chief fired him to undermine the probe into russias influence in the 2016 election. Comey also addressed the president s request to let the investigation into former National Security adviser Michael Flynn let it go. I dont think its for me to say whether the conversation i had with the president was an effort to obstruct, i took it as a very disturbing thick, very concerning but thats the conclusion the special counsel will work towards to try
Biggest amount in seven years. Largely because of President Trumps pro business agenda. We have the full details on how it could impact your business coming up. Meeting with saudi Arabias Deputy Crown prince. This is on the heels of opecs new report showing conflicting data on saudis Oil Production. Saudi arabia directly reported to opec it increased Oil Production in feb to 10 Million Barrels a day. This conflicts with the secondary sources that saudi Oil Production decreased. Lets bring in brenda shav schaeffer from georgetown, university. An issue thats hurt oil prices before we go on to saudi and opecs impact and that, of course, is u. S. Inventory levels. Is that a genuine fear for oil prices . I think we have to look at the short term and the long term. The short term, obviously were seeing this is having a huge impact on the oil price, a very big dip down to november 2016 levels. So its the saudi data, the confusion about the saudi data and also the u. S. Inventories. If we look
Funding from School Nutrition programs to a variety of welfare programs and in their place of budget that might mix those sequestration cuts but promises to make up for in domestic cuts everywhere else. Democrats already cried foul and even republicans to get their shot to morrow saved me very careful. But what i like about the house approach is the recognition of what we face bottomless using a play scrooge consider theyre still asking congress to spend 43 trillion over the next 10 years about 6 trillion less than we are slated to spend now. That is still a lot of money and the cuts are really just cut in the growth of spending not our right cuts in aggregate spending for any year. It is braver but i would not go out on a whim to say it is pray for foolhardy. Is an important step in the important direction that offers a path to entitlement cents a not servitude but a budget that recognizes map that understands the addition and subtraction. Last night at this time i was deboning republ