Since 97. The apple surge on track for what will be the best yearly stock rally in a decade. The company is in talks to buy japans displays primary smartphone screen factory. And tesla on a tear shares climb to above 430. The automaker expecting a rollout the first china made model 3s on monday there seems to be no stopping the year end rally stocks are on track to hit new record highs nasdaq as we said in the midst of the longest daily win streak since 09 after closing above 9,000 for First Time Ever. Watching 3249 as we said but 3259 would give you 30 for the year we only had two years in the past three decades with a 30 gain. Yeah, i mean the pace in the last i would say past couple of weeks has been relentless, sellers staying out of the way that has created this incremental move day by day. I do think we have this unusual situation where the year to date numbers are i dont want to say skewed, they are what they are, but it gives a little bit of a different impression if you look a
The senate. She says she doubts there will be a fair trial, as if the hearings in the house were fair. Senate leader mcconnell speaks to this at 9 30 eastern this morning. Speaker pelosi holds a News Conference at 10 45. Now, the markets, thats already passed judgment. Impeachment is of no consequence to investors. Its irrelevant. Maybe they actually believe it helps the president in the 2020 election. Look at this. The day after the Impeachment Vote, the dow is going to go up just a fraction at the opening bell, and down a fraction on the s p, down a fraction on the nasdaq. In other words, no selloff at all. Stocks remain right at record levels. Well, it is going to be a fascinating day for politics and money. Statements coming from the speaker and the Senate Leader. Tonight, the sixth democrat debate and throughout the show, you will see the president in fine form at his rally. Varney company is about to begin. After three years of sinister witch hunts, hoaxes, scams, tonight the Hou
Republican party like weve never had before. We didnt lose one republican vote and and 3 democrats voted for us. This was just an excuse. You are the ones obstructing justice. You are the ones bringing pain and suffering to our republic for your own selfish personal political and partisan gain. Its cheapened up, its exactly what our Founding Fathers didnt want and they said it could happen and its happening. Maria yeah, historic night last, joining the conversation from new york, fox business dagen mcdowell, republican pollster Kristin Anderson is here and former wall street journal editor stephen moore. It was a historic night last night, dagen, i was able to watch the proceedings from the gallery last night and it was something to see, the third president in our history to get impeached. Dagen Andy Mccarthy writes in the New York Post that this count will likely pick up because theres a new bar, a lower bar for impeaching a president not one criminal act alleged in the 2 earlies of a
The polls, we will take you live on highstakes election, could decide the fate of britain leaving the european. The war on wealth, new Study Reveals Senators Elizabeth Warren to tax the rich, falls short bringing in a trillion dollars less than what she expected, mornings with maria begins right now. Joining the conversation fox business dagen mcdowell, liz peek and forbes media chairman former republican president ial candidate steve jobs. What a hearing yesterday, testimony of Michael Horowitz in capitol hill, i personally think it was damning and incredible, Inspector General testified in Senate Judiciary committee on offices findings in regards to alleged surveillance abuse during 2016 election, horowitz calling out the fbi highlighting longstanding issues within the fbi, watch. Basic and fundamental errors were made by 3 teams on sensitive fbi investigations after matter had been briefed in the highest level of the fbi, paid central and essential role in order to seek fisa order.
These are pretty important questions. They showcase the different standard between how we treat heads of corporations versus heads of government agencies. They should be held to similar standards but government gets a free pass, and 2001, there was a ceo of a very big energy company, a company youll recall called enron, enron filed for one of the biggest bankruptcies in history thanks to accounting sham. The ceo who wiggled his way out of trouble by saying he was unaware of fraudulent activity of his company. His name was jeffrey, and 2006 he was sentenced to 24 years in federal prison because his subordinates falsified accounting records. His excuse, he was not aware, watch. I did not believe the company was in financial peril and i have no knowledge of any wrongdoing of the employee. Does that sound familiar . I was wrong, i was overconfident in the procedures that the fbi and justice had built over 20 years. I thought they were robust enough, its incredibly hard to get a fisa and re