Today. Certainly peppered with questions about the president s meeting tomorrow with students from parkland high school, and, of course, his thoughts on strengthening gun laws in america, something the gop and the president are seemingly open to changing gun laws in this country. Also, the issue of russian meddling in the 2016 election. The mueller investigation. Those issues are likely to come up with the press corps. Were going to take you there as soon as sanders takes to that microphone. Were going to leave both of the shots up on the screen. I would like to say hello to you. Im Cheryl Casone in for liz claman today. You know, the long Holiday Weekend not enough to erase investor fears over the issue of the month. The rising Interest Rates, the yield at 2. 9 this morning. Stocks mixed right now. The dow at lows of the session, barely off of them now, 228. 241 was the low a couple of seconds ago. We are on track for the dow to snap the sixday winning streak at the close. Another vol
One death now confirmed after a train carrying hundreds of House Republicans and families to a retreat slammed into a dump truck in a highspeed collision. We have a live update from the crash site. President caught on camera saying he will be releasing fisa memo allegedly detailing improper surveillance of his campaign but the fbi says it has concerns on its accuracy. But can the fbi investigate itself . Judge napolitano is here to weigh in. Big hour for facebook, microsoft, out with Quarterly Results any moments. Expectations are high. Investors are closely watching for clues how the new tax system will affect companys bottom lines. We will bring you headlines as soon as they come out. Melissa dow surging triple digits in just the past hour. Lets go to straight to gerri willis in past hour on the floor of new york stock exchange. What was the responsible for the last minute recovery . 288 point intraday situation in stocks. What caused downdraft in the middle of the afternoon . Why th
Department with the details on phase two of his investigation with zeros on the state department. Remembering Edwin Jackson, Funeral Services held today. The Indianapolis Colts linebacker whose life was tragically cut short. The latest on that Illegal Immigrants charged in his death. Shocking discovery meanwhile Flights Canceled at the London City Airport after an unexploded world war ii bomb was discovered in the river near the runway. Details as they work to dismantle that device. The u. S. Figure skater becoming the First American woman to land a triple axel on the olympics. Weve got all the highlights from the first weekend at the Winter Olympics coming up this morning. All the stories coming out. Junior talk about a coming day can make doll, risk with ceo managing partner mike murphy and pollster, lee carter. Great to see you. Great to be here. Dagen where do we begin . I cant wait to see your devin nunes interview again. Maria it was interesting because he took us through what he
The impact on the markets. Fed chair jay powell steeping out on cap hill. He signals the fed will keep raising rates. On that note lets go to senior economics reporter Steve Liesman for more highlights. Thanks very much. Yeah, fed chairman Jerome Powell in his first testimony before Congress Says that he doesnt believe this is going to happen, but one of the risks out there is an overheating of the economy. And he opened the door in a very subtle way to a possible fourth rate hike. Saying, you know what, the economy is strong. Weve had fiscal stimulus. His view on the economy strengthening as well. Heres what he said. Weve seen fiscal policy become more stimulative. So, i think each of us is going to be taking the developments between since the december meeting into account and writing down our new rate path as we go into the march meeting i wouldnt want to prejudge that. Heres what jpmorgan says about that economy todays comments appear to open the door for others on the committee to
Started, last friday we had the talk of inflationary pressures in the jobs report had people worried including the sky. The market was down 666 and you started to think about a new environment that might include inflation Rising Interest Rates and we got the week ending up back to monday. Thats when we saw the word volatility really spike to the top of your word search and people not only had volatility but they were betting against it. Those bets became unwound in these comp located Financial Products that neil has talked about so much that were created after the crisis and i got ugly as those anti volatility bats were unwound. Wednesday the volatility, the upanddown was still there but the market was down by only 19 points on the dow at the of today. Yesterday was interesting. People on wall street said a lot of people lost money in the portfolio because none of their trades were wor working. We were down a 18 in 2008. We ended where we are will probably have our worst we can the dow