Going anywhere, pretty flat. And Hillary Clintons big plan for the economy. Big fanfare, buried this morning. The media utterly ignoring it . Why . The left may be embarrassed by their socialist candidate . There are give aways, galore, spend big on everything, and this morning, the media again is just bashing trump. The clinton plan, awol. Its friday morning, however, lets join the celebration of american excellence. Phelps at 31, runs away with the 200 individual meter medley. Simone biles, poised and brilliant, crowned the worlds best. Nbc should give them a special medal for salvaging, the salvage job theyve done on their ratings. Have you ever seen anything like this . American olympic gold, a totally skewed media and the stock market goes to the loon. Varney company about to begin. The stock market goes to the moon. Have you looked at your 401 k lately . You are giddy, mr. Varney. Stuart yes, i am. American gold, the stock market, fantastic stuff. Yeehaw. The dow, the nasdaq, s p
The bluechips higher. Oil also soaring today. Phil flynn, price futures group, Fox News Contributor watching all of that action from the cme. Lets start with lori rothman on the floor of the new york stock exchange. Lori, i was expecting to see champagne bottles being opened. There was no confetti. Reporter they were cheering a little louder than i heard recently. These are the dog days of summer but stocks are determined to grind higher. You guys pointed out, there is still a rush. A lot of settling out here. Stocks here, all three benchmark averages closing into report territory. The dow for its part making new intraday high as well. Yeartodate the dow is up about 7 . S p up 7 . And nasdaq is up 4 1 2 . As for the dow, the last time it closed at a record was pretty recently. It was july 20th. As you know the nasdaq was just a couple sessions ago, hitting its last record. Also hitting lifetime highs individual names. You had amazon. This is the second time this week amazon has hit a r
Has turned around a failing campaign. Hillary clinton in trouble. Shes constantly pushed on the defense. She had been insulting millions of voters with her deplorable comment, had her medical condition is concerned. All of that is reflected in the ohio poll. Shes resting, recovering from pneumonia and gets back on the campaign trail tomorrow. This, too, is a big shift. Four weeks ago, she was way out front. Now, shes not. President obama doing what he does best, bashing republicans. Hes stumping by hillary by boasting about his own legacy. No shift there. Varney company about to begin. Ive got to bring you this, a shocking video indeed. A driver plowed into Police Officers outside a gas station in phoenix and this was early yesterday morning. It was the first day on the job for one of those officers. A complete rookie. The police chief said it was intentional. The driver under arrest, hes an africanamerican man who has a record of attacking police. Brutal stuff. Well have more on this
Maybe we can put it to rest. We have new details on the pay for play scandal surrounding the Clinton Foundation. How millions in donations reportedly bought donors coveted trips to the white house. David that is an expensive dinner right there. The dow was driven lower by shares of united technology, chevron and cisco. Some bright spots though. For the first time this week apple wasnt one of them. Oil tumbling as well today. Phil flynn of price futures and fox business contributor watching action from the cme. Lori rothman on the floor of the new york stock exchange. Lori, how did the major averages end the week . We were up, david. Despite all the volatility and triple digit moves in the dow, looks like were going to end on an up note. There is the averages on an up week. Apple did account for a lot of gain on nasdaq as well as companies that supply parts to the iphone. Iphone 7 was a huge story. Let me move to the banking news, in particular the bank scandal news of the week, startin
Saying they will have a major impact who they vote for in november. Take you out to hempstead, long island, for a live preview of tonights big event. We have an allstar lineup including steve hayes, ron paul and david walker. David first back to the markets. Whether it is politics or earnings recession, the dow tumbling for the second straight day. Ending down 160 points. Looks like 164 right now. Goldman sachs, jpmorgan, home depot among todays biggest drags. Oil a bright spot. Phil flynn, of price futures watching energy climb from the cme. Lori rothman from the floor of the new york stock exchange. Often times oil is up but do it is going in different direction. Wall street doesnt like uncertainty, with the big debate coming up, a lot of anxiety ahead of that. I think it is fair to say played into pressure we saw on u. S. Stocks. The other factor was Deutsche Bank weekend report saying German Government will not offer aid to Deutsche Bank to help it cover its 14 billiondollar fines