David asman. He announced he was yes earlier melissa youre not doing anything . Go straight to Nicole Petallides on floor of new york stock exchange. Nicole what is the mood on the floor. Is it like 24k . Theyre dancing for the mccain rally, mcshane rally, whatever you want to call it. We broke through 24,000. The dow gained 331 points. We now have closed here well above that 24,000 mark. It has been quite a run. This is our fifth 1000 milestone of 2017, all on tax relief ideas and thinking that this is going through, and brings optimism it wall street. Take a look. We have 1000 points. What drove us to this point. Best performers since 23,000. That would be nike, walmart, cisco system, intel and 3m. Those are the best of the best. Names that came under pressure. Ge with a dividend cut and restructuring, that came under major pressure. That is down, merck, ibm were laggards. The night of the election we dropped over 800 points. We all reported on it. We were at 17,000 and change. We br
That sent wall street into a tailspin. But the dow came roaring back. The other thing we have been watching is the price of oil. The largest one in the nation had it production cut. Now that area is in the line of fire as harvey moves to the east. Switching now to pictures of wingwood, texas. The houston mayor called kingwood a focal point of the rescue operation. Well bring you there in just a minute. In Brazoria County a levee breached. Some of the people, just normal people in the neighborhood built a makeshift levee of their own in that county. The floodwaters, they went over the top of a 108foot spillway. Something that never happened before. Jeff flock was there as it happened. And sent us these pictures you are seeing as the water started flowing into the nearby neighborhoods. A number those neighborhood were already flooded. Jeff and his crew moved into those neighborhoods where people are losing just about everything they have. This is the first time well get a look inside one
Beaumont with the coast guard as they performed live rescues. Well take you to that area. But first we bring you breaking political news. President trumps newest Approval Rating. 41 . Thats a brandnew number. Its also a brandnew low for this president. The number of voters satisfied with how things are going is down 10 point. The majority of americans is telling us they believe the president is tearing the country apart. He wants to lower the corporate rate to 15 . Do the new poll numbers complicate things in those questions are being asked in just a few minutes. Lets get to hillary vaughn. This picture on the monitor behind you. Hillary sent us these pictures earlier in the day as she was reporting on the situation. People in dump trucks piling in, driven away from their homes flooded out by any means possible. Reporter rescues are still coming in, and its babies, children, elderly. Everyone needed to be rescued. Its not that they have gotten to be everyone who needed to be rescues ou
Beautiful new Health Care Bill, fully approved, ready to go. Lets start with that. Well move to taxes as well. Fbns adam shapiro here in new york making a guest appearance. He spent a lot of time in washington in recent weeks. Charlie gasparino here to break it down. On this health care thing doesnt look like a lot of confidence, huh . Depends who you talk to. Newt gingrich thinks mcconnell will twist armies and get it done. If there is anybody good at twisting arms, getting something through, a face saving way coming out of this it will be mcconnell. Maybe what you will see not the deal but the repeal, right . You get the repeal and deal, you work to fix later. It miss them sort of semiface saving way and get to tax cuts. Connell rand paul brought it up and president the problem with repealing not replacing down the road you set up for the midterms an attack that the democrats can say you repealed health care and actually the cbo scored this in january. You would be throwing Something
The Health Care Bill though seems to be at this point happening on by a thread with growing number of holdouts ahead of the vote next week. We have live update from capitol hill where things stand right now. It has been exactly two years, meantime, since the Iran Nuclear Deal went into effect. What changed between now and then . Well hear from the state department on that. Jpmorgan Ceo Jamie Dimon is fed up with the government gridlock. He is not going to take it anymore says jamie dimon a heated Conference Call this morning and reaction to it, from forbes media chairman, steve forbes. Melissa back to record new highs. Dow with a the third record in a row. Nicole petallides on floor of the new york stock exchange. What is fueling these new records . Everyone is loving it, 401 k s, iras, new records go for it. Up 86 points. What fueled reports on retail sales and inflation. It said the fed may or may not raise those rates at end of the year. It may hold, not raise them. That ultimately