It right here live. And we are looking for more market records today. The dow and s p and the nasdaq, all expected to make records. It was a year ago today that the market was in freefall. Remember that . It was about 6,000 points lower on the dow. That is very much not the case today. Varney company is about to begin. David and there is news overseas. We are watching hong kong this morning. Monthslong protests are flaring up once again. Riot police fired tear gas at protesters this morning. We are going to be monitoring this throughout the morning right here. But lets focus on some positive news at home. A brand new sales record, Super Saturday sales hit 34. 4 billion, the biggest single day of retail sales in u. S. History. The figures coming from Customer Growth partners. Joining us is retail watcher michael zacore. Ive got to think this is all about the economy. We have fatter wallets because people are making more. Weve had increase in wages and we have jobs galore. Is that why pe
S p, also slightly down but the nasdaq showing essentially flat to slightly higher. Remember, were just about 15 points away, by the way, on the s ps alltime closing record. We will keep an eye on that. How about this. One of the largest malls in the world opens today in new jersey. Its called the American Dream mall. It will have hundreds of stores, restaurants and indoor Amusement Park with roller coasters, and a 16story ski slope. All sorts of experiences. But it comes at a 1 billion cost to taxpayers. It will likely be a traffic nightmare. Wait until you hear how much it will cost to park there. Yikes meanwhile, President Trump heads to South Carolina later this morning. Hes going to an event on criminal Justice Reform. If the president speaks to reporters, which he likes to do before leaving the white house, you will of course see it right here. Got a lot of news to go at this morning, including those rapidly spreading wildfires in california, and Charles Barkley going after Vice
Partner Mitch Roschelle and jessica and chief strategist david, welcome one and all. Good morning. Jeff, already on the way to the polls. [laughter] dagen we got another poll the quinnipiac comes out. Fantastic, bring it on. Dagen we talk about polls because its interesting, thats why. Also on deck attorney general from the state of North Carolina jack to talk about the states concerns over vaping and what North Carolina is doing, partner to talk china, pennsylvania congressman and member of house labor to veteran affairs and chief of staff to Vice President mike pence marc short on trade and former fed official wrote the resistance among former fed officials, i will leave it at that. Lets look at futures, 44point gain, gains across at the moment amid more uncertainty of any trade deal between United States and china, the Chinese Foreign ministry not aware of any weekend phone calls between china and u. S. Trade representatives, President Trump said there were two calls at the g7 summi
And with utter disdain for the people whose lives they want to run. Good stuff. Thats a blast right at the elites. Thats the president s theme for 2020. They dont care about you but i do. In the last 24 hours, the president s campaign brought in a record 24. 8 million, almost entirely from small donations. In new york city, joe biden raised 20 million entirely from the elites. I think its time we got to the fed, shall we . Five hours from now the Interest Rate decision and more importantly, the outlook for rate cuts later this year. That arrives at 2 00 p. M. Eastern. We will also see if chairman powell responds to the intense pressure for a rate cut that hes getting from the president. A flat market in advance of that. The Interest Rate news from around the world this morning is grim. Not here, no, over there. In four European Countries and japan, things are so bad that when you buy a Government Bond, you dont get any interest. In fact, they keep some of your money. No wonder the mone
And coming up look at the sport with gavin. We are awaiting an update on the condition of chris froome the time time Tour De France champion badly injured after a crash in france, more on the story and what it means for him and his team later on. Thanks gavin. Good weather for that duck . Yes, another day with heavy rain in june. Further localised flooding today with whether staying on the rubbish side as we head into the weekend. Well also look further afield in india for we are watching carefully for the arrival of a cyclone about to hit the north west of the country. Also coming up, the critically endangered bermuda snails released into the wild with the help of the british zoo. Boris johnson has emerged as the clear frontrunner in the conservative leadership election to determine the next Prime Minister, with more than a third of the votes cast by tory mps in the first ballot of the contest. The field of ten conservative mps has been narrowed to seven with the former cabinet minist