it s all right. stephanie ruhle takes over the coverage. boy, that is a tough, tough answer. wow. andrea s i hope your insights on market are kinder. all right, stephanie. yes, look at andrea here. i m sorry, we re on television. we re still on. yes, we are still on. andrea knows i m speaking truth. it s okay. we re not going to be like that. stephanie, is it going to be a bad day today? you know, we ll see, we ll see. who knows. the market is irrational. president trump is the only one who disagrees with that. good morning, everybody, i am stephanie ruhle. why is it dark where i am? because i am live in san francisco for what is shaping up to be a monumental day. and you know what i m going to start with. an historic plunge. after months and months of calm, fear on wall street, as the dow hit its largest one-day drop in history, where many traders are preaching stay calm. for the long-term investor,
Desperate they are. they have nothing to run on. they are desperate. pete: i think it s skeptical as some conservatives may be there has been some resistance to this. give it some time and see how it develops. the president is a deal maker. rachel: art of the deal. pete: one of the topics the left doesn t want to be talking about. they are happy to talk about russia investigations and different topics. not the big boon in our economy. president trump was in davos in switzerland over the last couple of days esm took it by storm. so while he is there, the dow hit yet another record. i don t know how many records it s set at this point. and fedex up 200 points yesterday now at 26.6 in the stock market. and fedex also announcing wage increases and bonuses amid tax reform. i have lost track of how many records we have set with the dow and how many companies now are giving away these unexpected bonuses. nancy pelosi calls them bread crumbs. there is the screen. you can t even read all the
Launch missiles. and the hope is that these initial discussions about the olympics to lead to bigger talks about things like inter-korean relations, divided families in the north and south and the big issue, north korea s nuclear program even as kim jong-un has said he s going to continue developing nuclear weapons in 2018, leaders are saying they need to stay on guard even if they re willing to engage in talks. and the president taking credit for these talks of course on twitter because he is strong and firm. of the that yesterday. live for us in seoul. it s that time of the morning, check on cnn money stre stream. fastest thousand-point gain in h history. dow hit 24,000 barely one month ago. thanks to a strong economy and of course tax cuts. wall street hope this will mean even fatter profits in 2018.
His street made again, new york stock exchange with no apparent end in sight. for the very first time, not only did the dow hit 25000 points, it stayed there. closing above that extraordinary market, the excitement palpable at the start of trading. standby for glory, ladies and gentlemen, a mere 30 seconds away from what we think could be the opening bell ringing on what could be 25,000. there it is. that graphic goes fast. dow, 25,000, halfway between 20k and 30k. a little less than a year. sandra: stocks are higher due to the release of stronger-than-expected jobs data. sandra: and at 4:00 p.m. eastern time today, it became official. they dow making history once again, closing above 25,000 for the first time ever. one report noting the
Near-meteoric rise since president trump took office noting, consider it took the dow 14 years to climb, and three and half years to reach 20,000. the rise from 20,000 to 25,000, not even 12 months. don t blink or you ll miss another landmark. the news of the dow surged not missed on president trump who has now set a brand-new goal. we broke a barrier, and there were others that said that we wouldn t break 25,000 by the end of the eighth year. and we are in the 11th month. we did, in fact, brakes 25,000, very substantially break it, very easily. i guess our new number 30,000. what it means is, every time you see that number goes up, it means jobs, immense success, means 401(k)s that are flourishing. sandra: here now, the white house director of legislative affairs. next stop, 30,000?