Decelerate a wild week on wall street and all the major indices in jeopardy we take a look at whats to expect next week. Amazon falling in premarkets. And we lost a title after a few hours when the stock of course did drop after that report also star bucks shares falling on earnings receiving two analyst downgrades well talk to johnson later in the hour first up stocks were on a record run. The nasdaq sliding mid yesterday and it comes in about where economists were looking and big Energy Earnings today. Exxon shares are down. Profits double and chevron flat of revenue beat. Royal dutch shell made comments as if theyre preparing for lower forever. He wants to get down to the oil business lower forever on going to buy an electric car yeah it would be fabulous if they switched to first solar and you cant do that. They basically said listen our business is coal they did that was the only way to understand it and the coal business other than President Trump very much involved in coal was a
Board, pretty much all morning long. We talked to National Economic counsel director gary cohn first on msnbc and got his take on the numbers and the president s policies. Theres clearly a good februarys part of the numbers. Im not going to deny that. But on the other hand, when you look at what weve been doing here at the white house and all the ceos we brought in, whether it be exxon or sprint or intel, theyve promised an enormous amount of jobs and job creation in the United States. Those hirings have not been done yet. Those are future hirings. Were still living on the hire tgs from the normalized Economic Growth thats built into the system here. Lets bring in michael forruely. Guys, good morning to you both. Michael, walk me through. What carl just said and the degree to which expectations of a proBusiness Environment is feeding the jobs number now. So i think the jobs number now were seeing is probably just a continuation of the general trends in the business cycle. It was a very
Birthday to brian. Ill let you guys celebrate among yourselves in these first 50 days, the president has taken many key steps toward delivering on the pledges he made to the American People as a candidate. Hes jump started job creation, in the only because of his executive actions, but through the surge of Economic Confidence and optimism that has been inspired since his election. President trump knows exactly what businesses need to thrive and grow, and therefore adding well paying and steady jobs so the market. Obviously were pleased to seat jobs report. It is great news you for american workers. During the first full month of the trump presidency, the economy added 235,000 new jobs on the Unemployment Rate ticked down to 4. 7 . Notably, we also saw Significant Growth in the construction, manufacturing, and mining sectors. The Unemployment Rate ticked down and Labor Force Participation rate ticked up showing that even as more peopl businesses are continuing to grow and create new job
This is just under one hour. Mr. Spicer happy friday. Good to see you all. Good afternoon. Two more days until the workweek is over. Full attribution to rahm emanuel for that one. As many of you know, today is day 50 of President Trumps administration. A lot to talk about and a lot has gotten done. I want to acknowledge today is also brians birthday, so happy birthday to brian. Ill let you guys celebrate among yourselves. In these first 50 days, the president has taken many key steps toward delivering on the pledges he made to the American People as a candidate. Hes jumpstarted job creation, and not only because of his executive actions, but through the surge of Economic Confidence and optimism that has been inspired since his election. President trump knows exactly what businesses need to thrive and grow, and therefore adding well paying and steady jobs so the market. Obviously, were pleased to seat jobs report. It is great news you for american workers. Hes jumpstarted job creation,
Ridiculous standard. We want to get your assessment of his achievements. Is our line for republicans. Or democrats, 202 7488000 if you are an independent, 202 7488002. A lot of you are already giving comments are facebook page. We will take your tweets at cspanwj. Thanks for being with us. Lets get this headline. The front page of the Washington Post. A new abc News Washington post poll showing 42 of those surveyed approve of the president , 53 disapprove. The headline, holes at record lows for the approaching 100 day mark. The Washington Post taking a Historical Perspective on what this means. The headline, historians say the useless0 days is a benchmark. Frank when roosevelt talking about the achievements of his young presidency, the first 100 days devoted to spinning the wheels of the new deal. The first 100 days has taken on a life of its own. Some tried to gauge the success or failure of the administration by actions conducted in the first few months while others view it as a time