From dow 20,000. The dow industrials have 91 points, thats a session highs than an hour ago, touched 19,700 for the first time ever. Were at 19,706 and climbing. Russell is slightly negative, the s p is jumping, too. Can the stock market flex muscle and dow flex real muscle to break 20,000 . Were in the middle of all the action, were going to break it down for you tickbytick, have you got to stay with me right here. To the budget showdown that is happening this hour, the Senate Democrats right now and the republicans for a nail tooth and nail battle behind closed doors over the Government Spending bill. We are less than nine hours until a very significant midnight deadline and the stakes could not be higher. It could maybe affect the markets today on monday. We have a fox business exclusive with the man in the senate whos been in the chambers all day. All day long, republican senator from mississippi roger wicker with me in a firsthand recap of the battle inside the senate going on rig
Speaker paul ryan for a second term. Hes in the Trump Transition Team working on tackling Economic Issues that matter for and you wallet from taxes to trade to National Security. In the next couple of minutes we will get to exclusive inside look from three major sources at how the Trump Administration could upend the status quo . Ceos fighting back against the trump rhetoric. Jeff flock has ceo mark fields at the l. A. Auto show. Adena friedman about to be the first woman to run a major stock exchange, she will tell us how Financial Institutions trump has attacked should change . And former congressman Pete Hoekstra advised donald trump on isis to russia, now his name is floated to fill a very big role. The former house intelligence chairman live with me exclusively. The dow is on track for fourth Straight Record close but the real story may just be not just the nasdaq but oil hitting a bottom as we told you it would, it is spiking up 5. 75 , were less than an hour to the closing bell,
President tearing up talking about executive action. Tighten criminal background checks and claims hes moved theyre legal under the constitution. Critic, including many gop candidates disagree. Well have live reports from the white house on that story. Ted cruz is one of the critics saying the president s orders are not worth the paper theyre written on. Hes in the middle of a six day barnstorming tour in iowa. Our Political Panel tells us if its a strategy that can actually work. This, the bickering between the sunni and the shia states in the middle east is only getting worse as kuwait holds diplomats from iran. Could the bad blood over the execution of a shia cleric and attack in tehran pose a danger to us, to the United States . Were going to take the question up with ambassador james smith, former u. S. Ambassador to saudi arabia. Big news today, record auto sales, we saw more deadly flooding and, of course, were going to have the latest from ces in las vegas. Less than an hour to
Apple moving beautifully today at 12. 77 per share. Tomorrow is the day, october 22, where we will be getting new ipads. Expected to be thinner, faster processors. In the meantime talking about shipments of computers and tablets and mobile phones and how that will increase year over year. Shipments of tablets expected to rise 53 , 184 million. Overall seeing strong competition, certainly plenty of desire, and the stock tomorrow is getting a nice jump. This year still to the downside, has not even into moving into positive territory. They are hoping for the new ipads tomorrow. Liz is it an updated. Mac upgrade or a refresh . Nicole i saw some new ipad mini and ipad. You will see some new product coming out and they will be thinner and sleeker and faster processor. Liz they are already thin and sleek. Nicole and the Holiday Season is coming up. And apple product will be on the list. Liz the s p 1800. Have you heard people talking about that lately . Were seeing serious resistance way low
Group. Why is this happening . Well, you know you get the home Builder Sentiment in, and that came in at 54, so that continues to show strength, above that 50 number means that more Home Builders view conditions as good rather than poor. Anything below 50 would be bad. So it was slightly less than what some of the analysts were expecting that 55 number, however, you are seeing the group do well. Why is the group doing well overall . Points right over to the ted and low more to the fed and the low more gauge rates. Assuming the fed continues its bond buying, youre going to see mortgages remain at low rates and desirable, so thats why were seeing this Group Continuing to do well today. Back to you. Lori well see you soon, nicole petallides. It is another recordbreaking day for the markets. The stocks continue to climb. So will the momentum continue . Straight to our floor show, weve got traders at the New York Stock Exchange, the cme group and the nymex group. First to the New York Stock