The mooch, what he thinks about president ial candidates calling President Trump, his former boss, a white supremacist. All that and more on making money. Charles it has been one heck of a week for the markets, right . This is an impressive rebound. The question are professional investors trading momentum . Could the major averages retest the lows . I want to head down to the New York Stock Exchange to our own Jackie Deangelis what ask going on the floor. Jackie. Reporter one heck of a week indeed, charles payne. I lived it. We have a little bit of a relief rally on our hands. The dow is up 295 points. It is just off the session highs. There is strong momentum to the upside. A strong combination of positive earnings. Lyft after the bell, yesterday, high hopes for uber after the bell today. Also the fact that investors, traders alike are looking at the market, saying are there buying opportunities . Something has been beaten down a lot t could be a good time to pick some up. Meantime i
Making money. Charles President Trump kicking off the week by signing the longawaited Victims Compensation fund bill. This came ahead after roller coaster week nominating a new intelligence director and taking shots at congressman Elijah Cummings over the conditions in baltimore. All this before his trade team heads to shanghai for more talks with china. Blake burman at the white house with more. Blake . Reporter a lot there. Just 2 00 on monday afternoon as we begin our week over here at the white house. For the third consecutive day in a row that the president continues to take to twitter to attack the head of the House Oversight committee, the democratic congressman from baltimore, Elijah Cummings. The president , for example, saying on twitter earlier today, of baltimore and cummings at one point, 25 years of all talk, no action. So tired of listening to the same old bull. But the president hasnt stopped there. He is also taking issue today with the reverend al sharpton who is also
Down slightly snapping a twoweek winning streak. The dow, s p, nasdaq hit alltime highs on monday. Were close to the record territory. Connell still a little bit of a pullback from that perspective. Boeing and microsoft jumping on the news we brought you here first on yesterdays program, the plane maker will take a 5 billiondollar hit because of 737 max crisis. Investors were happy that number was not higher than it was. Microsoft the only Company Worth a trillion dollars in the market. It is up hitting an alltime high from the earnings beat. Leads the dow for the year, microsoft up 34 in 2019. Melissa President Trump in morristown, new jersey, with a meeting with supporters and a fundraiser. He spoke a short time ago. Well have some of that as well. Connell fox Business Team coverage. Blake burman on top of all that from the white house. Wills wells on floor of new york stock exchange. We will get to phil flynn on the iran news, watching reaction with oil in the cme. Start with you, b
Department through the commerce secretary wilbur ross put out a statement essentially saying that the 2020 census would go forward without the Citizenship Question, even though they dont agree with it, even though they dont like it, the census is being printed. Here is what the commerce secretary said yesterday, quote, the, he said he respect the Supreme Court but strongly disagree with its ruling regarding my decision to reinstate a Citizenship Question on the 2020 census. The Census Bureau started process printing the questionnaires without the census. My focus, that of the bureau and entire department is to conduct a complete and accurate census. Seems pretty straightforward, right . Just a while ago we got the tweet from the president. The news reports about the department of commerce dropping the quest to put the Citizenship Question on the sin ses is indirect, state differently, fake. We are absolutely moving forward as we must because of the importance of the answer to this ques
All that and much more on making money. Charles so the question are our hopes really starting to fade for a china trade deal . Commerce secretary wilbur ross actually downplaying a deal between President Trump and xi xinping at the g20 summit next week. With hearings kicking off today on new tariffs where exactly do we go from here . Joining Us Hudson Institute senior fellow, author of, the 100 year marathon, michael pillsbury. Michael, you were saying for a long time, that wall street was getting over its skis, anticipating a deal. It was far too early. You were 100 correct. Thank you. Charles i think wall street is adjusting to a deal may not happen or happen overnight . I wouldnt be overly pessimistic. It is quite possible the two president s will have a very serious talk in private and then come out and Say Something like, we have instructed our negotiators to get back together again based on our consensus that weve achieved in our conversation here. I think the chances of that hap