Growth in the apriljune quarter. The growth trend is only down very, very slightly. This was a positive gdp report. And here is the market reaction, fairly muted. Around 2 00 even this afternoon, well find out what the Federal Reserve is doing with Interest Rates. A quarterpoint cut widely expected, but its what comes after that, that has invest terse on edge. The dows up a couple of points, same with the nasdaq. Look at these stocks premarket, facebook and apple. They report at four eastern today. Well be watching to see how apple forecasts upcoming holiday sales. As for facebook, we want to know how many people droppedded off the platform with all that negative publicity. We also want to know if their ad revenue continues to surge. Facebook and apple up premarket. Youve got to look at this, california faces a real crisis today. The fires are raging, and today the wind picks up bigtime. Our heart goes out to the millions without power and the hundreds of thousands evacuated. Californi
Bit, there you go, we turned around, we are up about a point. Remember, please, big rally yesterday, big rally friday. The dows going to open virtually flat. It is almost completely recovered from last weeks losses. Its only tuesday. The s p will be down maybe a point. The nasdaq down maybe a point. I will call it flat at the opening bell. In politics, its all about the boycott, divest and Sanction Movement known as bds and designed to destroy israel. The visit by Rashida Tlaib and ilhan omar, both muslim women in congress, is off. The ball is now in the democrats court. Will the party try to sanction israeli diplomats in america . Or scale back the tenyear, 38 billion aid package for israel which was signed by president obama . Its a dilemma for democrats. The party now has an active antiisrael wing that is clashing with democrats who support the jewish state. Great to be back, by the way. Varney company is about to begin. Stuart again, let me show you the futures. This is how we are
Nation. People who as the president says believe in the beautiful words, made in the usa. In addition to the 14 workers the president hosted in the oval office during todays proclamation signing, more than half a Million People around the country are participating in thousands of events related to manufacturing day. Among them will be numerous members of the president s cabinet and other senior officials. Our tax plan would lead to a Great American manufacturing boom. We will cut taxes on american manufacturers and businesses of all sizes and restore their Competitive Edge so they can create more jobs and higher wages for our workers. Our plan will encourage them to bring back trillions of dollars parked overseas. The president will be back out on the road next week Building Support for this plan which is really a jobs bill. Hell be visiting hamburg, pennsylvania wednesday and well have more details on that trip coming soon. And with that, well kick off friday with questions and well s
The Justice Department appointed this comes as the president tweeted 62 say the president has not been truthful about the russia information. So for more we go to the white house and check in. Giuliani has been very vocal this morning. Yes. In full cleanup mode following the snansing of Michael Cohen sentencing of Michael Cohen. It is to give testimony that the president didnt try to effect the campaign by arranging those payments. Further he says that the president didnt actually know about the payments about until much later on in the process. Keep in mind that two of the charges that cohen pled guilty were specifically for those payments. Further he is trying to make the case that cohen cannot be trusted. He explains it is all false including this idea that theres only taking cohens word to the fact that the rest of his claims about the president are true. It is simply not the case. We know that the Southern District has some of those independently and further that the company that