question. is that it? done with the dips so buy the dip? it s going to be another very big day. it was certainly a big night. the president upbeat. positive. reaching out for bipartisan deals on immigration and infrastructure. much of his state of the union speech outlined the economy s success. and a cbs poll showed 75% of the tv audience approved of that speech. the democrats, angry and and silent throughout. nancy pelosi and schumer sat on their hands and looked frankly resentful. how will the american policy look storming out of the chamber when the crowd chanted usa, usa? the president looked good. the democrats did not. by the way, moments from now on this program the treasury secretary steven mnuchin varney & company is about to begin. trump: since we passed tax cuts, roughly 3 million workers have already gotten tax cut bonuses. many of them thousands and thousands of dollars per worker. as tax cuts create new jobs, let s invest in workforce development and let
nicole, what is fueling the selloff? we were down almost 700 points. biggest selloff for stocks we ve seen for stocks since 2016. traders are taking this one in stride. tough to stomach a 2 1/2% selloff on washington. that being said, the dow is weighed down by many energy names, exxon, chevron, that missed on their profits. all 30 dow stocks going into the closing bell are down. energy taking a break. we re still up 37% since the election. traders are okay with a little bit of a pullback. apple is an interesting one. it is now in correction territory, closing at 160.37. that means 10% off its recent highs. so the january 18 close of 179.26. we re more than 10% beneath that. netflix is in pullback territory. not quite correction territory. what is happening? great jobs report, 200,000 added. 4.1% number. this is all great, with wage growth and treasury yields on the rise, 2.842% as the bond. equities are selling it off and we re seeing inverse relationship all week long. so
let us seek to build a more just and peaceful world where every child can grow up without violence, worship without fear and reach their god-giving potential. as long as we are true to america s founding and the example that all of these great founders have set, we can all be heros to everybody and they can be heros to us as long as we open our eyes to god s grace and open our hearts to god s love, then america will be the land of the free and the home of the brave and the light onto all nations. [applause] thank you for this incredible event and to our wonderful hosts and thank you to all of our heros for serving, protecting and inspiring america each and every day, god bless you and god bless america. thank you very much. thank you. [applause] stuart: president trump right there, a religious speech, he quoted matthew in speaking to steve scalise, he used jesus name and the theme of short speech was faith is central to american life and liberty. now this, let s get on wit
health treatment center, and he was obsessed with guns. this morning, nicolas cruz sits that jail cell. how could someone do something like this? and how could someone like this clearly disturbed on the police radar, why wasn t he stopped? he had legally obtained a gun. whatever reiterant the law imposes on gun ownership by mentally disturbed people, in this case, did not work. president trump will address the nation two hours from now. 11:00 eastern. good thing the door is locked. the shooter shot a couple of people next to me. i was sitting behind a cabinet and it got a girl next to me. he went up and down the hallway just banging. he shot through my door and broke the window. i was in a classroom and all i heard were the gunshots. the police cleared us to go outside, and i see dead people on the floor. all you can think of is, oh, my god my family, my friends. you never think it would happen to you, but it does. and we have seen this so many times before. 17 dead
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 we re also talking that truly remarkable emotional event at the white house where president trump listened to people directly impacted by school shootings and he s responding with his actual policy this morning. we ll 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. we ll, of course, take you there live. as always a jam-packed 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 shouldn t 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