Cut wall streets Immediate Reaction was pure suspicion. Oh, he doesnt have the heart in the rate cut hes not as worried as he should be hes being dragged kicking and screaming to this rate cut because things are weaker overseas, not here thats why the averages initially got hammered before the market peoplely came to its senses later in the afternoon. Dow only closing up 36 s p advancing 0. 03 and nasdaq declining 0. 11 . The u. S. Economy does have a lot of strength. It does. The rest of the world does have a lot of weakness so we got what pundits were calling a hawkish cut. Theyre so clever, meaning its the last rate cut or maybe the penultimate rate cut apparently that wasnt enough for some money managers. What do they want they were so disappointed they wanted to be surprised and wanted powell to tell us hes enthusiastic about easing and it will find a way to strongarm the others the bulls wanted Bill Belichick fed chief, okay. Lets get this done. Do your job chairman who wont let
it is good to be back with you in this second hour of chris jansing reports. we start with that breaking news out of fulton county, georgia, a major admission from the lawyer for one of donald trump s codefendants in that sweeping rico case. nbc s blayne alexander is following that. for folks who weren t here, setting the stage, fani willis, the d.a. went to the judge after some videos were linked of people who had turned evidence and said, i need a protective order. but we didn t know who might have leaked those videos. what just happened in court? reporter: well, we now know at least one of the people who leaked the videos. it was an attorney for one of the 15 remains codefendants. jonathan miller, he represents misty hanson, one of the 15 codefendants, just said during this open hearing, during this virtual hearing in open court that he did leak the videos to at least one media outlet, and so he kind of gave a small preamble said that in order to make sure he can sleep
Now expected to jump 116 . David oh. Will this issue tip the scales in a state where the candidates are now neckandneck . Ballot troubles, problems in voting booths are popping up across america. The latest details and whats being done to fix it. David 118 for insurance. That is inflation. First to the markets. Dow ending the day up about 30 points. It did actually kind of lose a little in the last half hour of trading. Driven higher earlier by shares of boeing, nike, Goldman Sachs but apple pulling it down. Oil moving in the opposite direction. Phil flynn, price futures and fox business contributor has all the details from the cme. Lori rothman on floor of the new york stock exchange. Lori, apple the biggest loser in the dow. Were hearing airpod will be deplayed, right . Just breaking last hour, david. Tech blog, techcrunch. Early response to airpods has been incredible this is apple spokesperson talking to tech crutch. They will need a little more time to get the wireless ear buds ou
The dow gains 67 points, closing over 19,000 for the first time ever. The s p advancing. 22 and the nasdaq climbing. 33. We always hear about beats but what do they really mean . Whats a great one . What really impacts the stock . What moves it. Take out a pen and paper and lets do some learning. The best kind of beat, the quarter we got today from Burlington Stores. Here is a discount clothing chain that has a track record of blowing the numbers and raising its forecast with the analysts aggressively following along. These kind of situations can be dangerous. After a while, the analysts want to get ahead of the up side surprises to make sure the company isnt manufacturing the goodness, the expectations. When burling reported this morning, it was astonishing. Wall street was expecting them to earn 33 cents. They earned 51 cents. They had a fan it is tick same store sales number. The ceo said our consistent performance continues to demonstrate the on going success of our initiatives to
To attack an assad checkpoint or kurdish patrol, no one will notice it, really. Maybe a Youtube Video can be generated that gets barely any attention. But if they are able to carry out an attack in paris or brussels or istanbul the world takes notice. And as they lose territory at home, those kind of attacks become more and more important. And we close this evening with the remember ans and preeshes of the great pat summitt, a coach of the lady balls at the university of tennessee who died at age 64. Charlie, the thing that i like so much about coaching is that i get to teach on a daily basis. I get to influence. I get to listen. No two days are ever alike. So i love the fact that i am working with different individuals and personalities and now im trying to mold them into a team. Its a challenge but what great rewards when you see little girls become young women. When you see them go from being shy, nonaggressive to being really strong and aggressive and just really, they gain a lot o