And change, the nasdaq up 224. Investors are hoping we have already hit that bottom from the coronavirus outbreak. Were not saying were hitting the bottom at fox business but were hopeful. All of this as the medical world is searching for solutions to limit the viruss deadly effects. Northwell health turning to 3d printing to churn out test swabs. They are going to be here to explain exactly what this means. Pretty exciting stuff. And the elf beauty ceo is here exclusively to tell us how his company is faring after the coronavirus has shut down another outlet that sells his products. Plus, liz claman wraps up her final day on selfquarantine focusing on workers as some amazon employees walk off the job and other businesses have the help wanted signs hanging on their front door. We are less than an hour to the closing bell. Im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl we begin with some breaking news right now. We are just learning American Express ceo is s
That were sure of. Fox team coverage. A lot going on, gerri willis on floor of new york stock exchange. Edward lawrence at President Trumps speech at the Economic Club of new york. Christina partsinevelos in the newsroom. Edward we start with you in new york. Reporter connell, President Donald Trump taking credit for the booming economy. He says deregulation and tax policies that created in economic expansion. He calls the greatest economic recovery in u. S. History. Now within that, the president says that his economy is booming despite the fact that he says that the Federal Reserve raised rates too fast and is cutting them too slow. The president also taking on leveling the trade playing field. He is unapologetic how he is doing that. With tariffs and power of the u. S. Economy. Listen. My goal to ensure that this power works for americas favor and for americas workers and for americas companies. We want the incentives created by our tax trade, regulatory and Energy Policies to be pr
This calendar year 2019, the nasdaq composite has gone up a shocking 27 , that reflects the money flowing into americas giant Technology Companies that dominate worldwide. The average gains of the s ps 500 companies this year, 23 , the 500 Biggest Companies with an average stock price gained 23 in less then 11 months. Look at how stocks open this tuesday morning. The dow will be up 40 points, it will be up much more than that if it were not for home depot which is a dow stock, down sharply. The s p up another 7 points. Look at the nasdaq up 27 for the year going up another 1 2 , 35 points higher. What a day, what i year. Make no mistake, we think the enrichment of america is more important than the charade called impeachment and todays show will reflect that. We are asking dow 30,000, lets get on with it. Varney and company is about to begin. Lets get to home depot. It will drag on the dow today. It is a dow stock, reported its earnings earlier and the stock freemarket down 8, 3 . Ashl
Dark about those allimportant trade talks with china. Top level negotiations start now. Where are they going, we dont know. But we can tell you that apple has removed an app which had been used to track the movement of Police Forces in hong kong. We can tell you that nba events in china have been disrupted because chinas bullying american basketball teams. And we can tell you that after being dropped in china for supporting hong kong protesters, south park has fired back with an obscenity. We can also tell you that todays market activity hinges almost entirely on any headline that emerges from the trade talks. In the absence of any hard news, its a virtual stalemate. The dow is going to be down maybe 30. Two down for the s p, maybe five points lower for the nasdaq. I will call that a standoff. Heres the stock of the day and its a big winner. Bed, bath beyond is up 19 free market. They have hired a top guy from target to turn around the ailing bed, bath beyond. Looks like that could be