Investors await the final pricing for the asia operation. They hope the Chinese Market will help drive down debt. Shery lets get you started with the quick check of the markets. Close of the thursday session. Reaching record highs with the doubt surpassing 27,000. S p 500 very close to the 3000 level. We have financials and industrials leading the gains. We got the tweet earlier in the session from President Trump saying china is letting us down. Bit. Took markets a little they were able to recover as we are focused on chair powells second day of testimony talking about the fed having room to ease and ties between the Unemployment Rate and inflation. Yields have 10 year reaching one month high as we got u. S. Inflation numbers coming in the hotter than expected. This friday we are facing a modest retreat in asian stocks after a two day gain. Hares flipping at the closing chinese trade headlines the agenda which comes after trump complained. Malaysia,e gdp plus japan, and india. Theill
Dont look now but they might be putting the band back together. Not the mag7. This is fresh tech names seeking the spotlight. As the year goes on, the street betting the 493, the other stocks can deliver particularly when it comes to earnings. One of my favorite Research Houses calling u. S. And zero government bonds worthless. Like turkish bonds. If you want them go buy gold instead. President biden making history with the polls, just the wrong kind. He achieved a rare dubious distinction. Wait until you hear what many thought was impossible. My take on fed polls, fake polling answers. All that and so much more on making money. Baby come back, any kind of fool could see, there was something everything about you charles that is a song, singing to elon musk today, folks, dont look now, you see this, up 2. 3 . Thats all tesla, baby. Stock is crushing it today up 16 , positive developments in china. You know what . It seems like almost every time they count musk out he find as way to come
Charles Hillary Clintons stealth attack on the investor class and corporate Balance Sheets continues. Ii agree with her comment that tyranny is todays earnings reports. The fact of the matter is this as nothing to do with Corporate America creating jobs. It removes the prerogatives of individual investors. The average holding is abysmal. Individual investors on a daytoday basis. The pressure to bail out is unbearable. The averagethe average hold time needs to be six years. Now it is less than six months. As more individual investors have gotten into the market the emotional part has become a reflection of mainstream angst. They can write out waves ups and downs. The average investor does not have the luxury. What higher Capital Gains help or hurt the stock market . Joining us now Hilary Kramer fox news political contributors. On the Hillary Clinton piece today. A rambling, weird. If nothing else she had better talk to donald trump on pumping up the crowd. I almost fell asleep except fo
This is how the social network will wire up the whole world. And how about this . A computer that processes a billion a billion computation, its a very Early Development in america. Varney company is about to begin. First this china has been selected to host the 2022 Winter Olympics beijing will become the first city who host both the summer and the winter games they hosted in the summer of 2008. They narrowly edged out other cities, and boston did not want it in their city. And price of barrel is down. Gas look at this 2. 66 down another penny overnight. Here is the headline triplea says 2 a gallon gas by the winter. Lower in some states. Look who is here. The former president of shell oil. All right, john listen up do not rain on my parade. Do not tell our viewers what you told them six months ago, that gas is going back to 4 a gallon this year. Dont do it. Okay stuart. I know we still have an open bet dont we . Yes, we do we do. So we shall see who collects at the end of the year. S
Mike flynn dominating the White House Press briefing which wrapped up as the commander in chief is considering a major change in afghanistan. Sending more troops to fight the taliban and is there. Former defense official Peter Brookes is with us to tell us if this aboutface is the right battle plan. And is Congress Ready to break up the banks . Congressman blaine is on the House Financial Services committee gives insiders view of americas biggest piggy banks and how they could be shaken up. On wall street, the nasdaq looking for another record close. The dow and the s p slightly to the downside as we are less than an hour to the closing bell on wall street. Im connell mcshane. Good to be with you for liz claman. Lets start the countdown. We look at the markets today. The nasdaq and the s p 500 actually did touch new highs earlier in the trading session. Falling Energy Prices have brought stocks back down to earth as we work our way through the afternoon into the final hour of trading.