The two largest economieses prepare for high level trade talks. Adam silver is standing his ground refusing to apologize for a general managers tweet about a protest in hong kong but will his decision backfire on the global brand . Tracking space. Nasa confirming a group of astronauts are expected to fly past earth at incredible speeds. We will talk to astrophysicist Neil Degrasse tyson about this looming phenomenon this hour. Connell wow. Now were talking. Fox Business Team coverage of this market selloff. Edward lawrence, busy day as usual following trade in d. C. Gerri willis on the floor of the New York Stock Exchange with all the back and forth and blake burman at the white house as well. Edward, on that trade beat, the trade restrictions seemed to help the market or hurt the market. Lets start with you. Reporter it help the market turn down a little bit further. Today and tomorrow or today and yesterday, two days of deputy level talks concluded and the real talks will happen thur
Lawmakers renewing calls to split up a few of the biggest names in tech. The Senate Hearing just finished. Well bring all the headlines from capitol hill. Apples investment in the u. S. The Company Unveiling a quarter after billion dollar commitment to american jobs and american manufacturing. Well have an exclusive interview with apples chief operating officer. That will come up later in the hour. Benjamin netanyahus career on the line. The polls just closed in israel. The Prime Minister is fighting to hold on to power. Very, very close according to the exits. Were live in tel aviv with the latest on the race. Melissa fox Business Team coverage, blake burman at white house, gerri willis on the floor of the new york stock exchange, phil flynn watching oil, very important at the cme. Grady trimble at a gm plant in detroit. Lots to get to. Lets kick it off with blake. Reporter President Trump early today that tapping the Strategic Oil reserve will not be needed as a result of the oil att
Hour, sticking by his actions, labor secretary alex acosta speaking out for the first time this afternoon since the news broke that he played a part in cutting that lenient plea deal for Jeffrey Epstein, a wellknown billionaire and convicted sex offender. We have the breaking headlines from acostas defense. White house officials will try to revive stalled budget talks. Were live on capitol hill with a preview. In new york city, look at that tens of thousands of fans cheering on the usa womens world cup champions today. What is next for the team and their fight for equal pay . Connell Fox Team Coverage of all big stories. Edward lawrence covering the fed chair admits his testimony. Gerri willis at the new york stock exchange. Edward lets start with you. Reporter connell, jay powell laid the groundwork for a fed rate cut and pegged it to undershooting inflation. He outlined the weakness in the economy centers around uncertainty with trade tension as well as Global Economic slowdown but t
as it settles in. that is record for the s&p. definitely a record for the nasdaq up 47 points. if you want a stat for the nasdaq melissa: i do. connell: 149th record close for nasdaq composite since election day 2016. melissa: love it. connell: fox team coverage. it will be a busy hour. edward lawrence on capitol hill where the vote will be taking place. kristina partsinevelos on the floor where the rally has been taking place. phil flynn in chicago and edward, let s start with you. reporter: 2 1/2 weeks in the making. at the moment the senate stan in recess. they re waiting for that vote to start. senate majority leader mitch mcconnell just spoke. one republican senator at least will break ranks. we learned senator mitt romney had an appalling abuse of power. he says he will vote to convict on abuse of power article of impeachment. in an emotional statement. listen to this. i am profoundly religious. my faith is at the heart of who i am. does anyone seriously believe tha
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