Up, big tech. Theyre made the running theyve made the running all year, they are still leading the charge even higher. Abc news in deep trouble. Friday they put out a false report that sent the dow plunging 350 points. The reporter, brian ross, has been suspended, but many investors lost money. The president thinks abc should be sued. The Mueller Investigation, thats in trouble. Now we find a trumphating fbi agent on the mueller teamc plad a key role in hillarys email probe. Peter strock played a key role in the russia investigation. Can you say politicized . Can you spell bogus . It is monday morning, and trump is winning. Varney and company is about to begin. The stock market, i think, is going to have a very big day based on the massive tax cuts that were very much in the process of getting approved. But based on the vote we had last week, the stock market has been reacting unbelievably well. The only to thing that hurts it is the fake news. [laughter] stuart bomb righthand corner
Futures up 50 points before the incident, then we dropped to a minus 35 minus 10, now pretty much a recovery, we are up 40 points at the opening bell, there was no impact at all on bitcoin, that is about as volatile market you can get no impact, futures trading began yesterday on cbo global marketplace started 15,000 as there are now the price is around 16,000 dollars. Of them bitcoin perhaps gained some respectability now that traded on established Exchange Price action huge up and down moves, it is i believe you the latest highly Disruptive Technology vote alabama tomorrow pols suggest roy moore has small lead active sport of President Trump if elected faces immediate ethics investigation by senate but cannot be denied his seat. Yes, it is a very big day, two weeks before christmas, Varney Company is about to begin. Explosion in Port Authority, are a of new york city, earlier today and liz following it. Around one of a. M. , the incident possible pipe bomb strapped to suspect now in
This calendar year. 27 of the s p 500s gains many this year alone 2018 come from amazon and it touched 1500 dollars share right now 1496 were also talking that truly remarkable emotional event at the white house where President Trump listened to people directly impacted by School Shootings and hes responding with his actual policy this morning. Well get into that as well and the president will be holding another event at the 11 30 eastern discussing School Safety state and local officials. Well, of course, take you there live. As always a jampacked three hours for you Varney Company about to begin. Because my daughter had no voice. She was murdered last week and she was taken from us. Shot nine times on the third floor. We as a country failed or children. This shouldnt happen. We protect airports, we protect concerts, stadiums, embassies, the department of education that i walked in today that has a Security Guard in the elevator. How do you think that makes me feel . In the elevator t
Interview Steve Mnuchin. When he talks about a 1year delay in the business taxcut investors sold. That was the dip in stock price and. Are you buying it . Apparently not yet. The dow will open lower again. Where it closes we dont know but as of now the buyers have yet to return insignificant force. Donald trump is in vietnam, trade is the focus, tough talk, america will not enter large agreements the tie our hands. He wants fair and equal trade deals. Friday, november 10th, we honor our veterans, varney and company is about to begin. Oh oh, slacks for the tax reform vote. Allegations of Sexual Assault against roy moore, the republican nominee for senate seat in alabama under a cloud before the december 12th special election. Jury deliberations in the trial of new jersey senator Robert Mendez will have to start over keeping them away from the senate for a long time. It really complicates the tax reform vote or seems to me it does. Liz the senate could invoke a constitutional section tha
Store chain. And to that notion that amazon is taking over the world and now people are getting afraid that not only has it taken over the technology world, but its going into the traditional food world and how you get your groceries and buying whole foods in a roughly 13. 7 billion deal, if you dont think that this is sort of creating a bit of a selling Twilight Zone for competitive retailers, look whats happening to walmart, costco and target. All of them taking a big hit right now on the idea that maybe amazons hopes to serve man means that its going to serve all of his competitors. That is, jeff bezos competitors on a platter. You see how i worked that in there with a little rod sellerring . [laughter] okay, fine. This is basic cable. You just have to deal. In the meantime, lets take a look at the implications of this deal, because it is a dramatic alternative for jeff bezos and company. Its one thing to go into rockets, but to go into food and Grocery Stores and into organic food