Lets dive deeper, get a read of stories beneath numbers without reporters. Abigail scarlett, talking about the boy start to the year. The nasdaq up for a fifth week in a row. The top sector for the s p 500 technology up. Pretty incredible, last year having its best year since 2009. That is the degree of eying interest we saw in 2019. It is continuing. He also have Communication Services with some of those Communication Companies along with big internet names and then health care. The top sectors this week up more than 1 . Tech really leading the charge. At this point there may be reason to think that tech could cool off a bit. This is a one year chart. We see that the tech sector clearly going in the right direction. The tech sector in white. That the tech sector has been well above that 200 day moving average, rising. The tech sector is 16 above that 200 day moving average. The most at any point over the last year. A series of lower highs, all of this may suggest that we could see a l
Im walking on sunshine. Im walking on sunshine. Whoa. Im walking on sunshine whoa. And dont it feel good. Cheryl a little sunshine on his rainy new york day. Lauren we kind of need some. Cheryl welcome to fbn a. M. Good morning. Many im cheryl casone. Lauren good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving this morning. Weve got red arrows this morning as this looming deadline on the u. S. Levyin levy levyingn china, investors seem skittish today. Lauren the deadline on sunday. Asian markets mixed, up arrow in china, up a tenth of 1 . The nikkei and hang seng both lower. Cheryl in europe, as election day fast approaches in britain, markets are in the red. Remember the ftse was in the green yesterday. That is gone. Weve got red arrows across the board. Lauren the top story this morning, hours from now democrats are expected to unveil at least two articles of impeachment against President Trump, after 10 hours of heated and partisan hearings of capit
Nasdaq, back up there another 11point gain. Now, Interest Rates, that was the trigger this week. The market is predicting three rate cuts this year. Up goes the market. Picture this. Speaker pelosi addresses a closed door meeting of House Democrats. She comes down hard on the young radicals. You got a problem, bring it to me, she says. That did not go down well. Aoc fired back. The speaker is quote, outright disrespectful to singling out women of color. Its a fight with race and gender thrown into the democrat divide. Action in the gulf. Iranian gun boats try to take over a British Oil Tanker. A British Navy Ship stopped it. The price of oil, i believe right now its back at, yes it is, 60 a barrel, 60. 59 per barrel. Lots of factors pushing oil up today. Records on wall street and an intruder at Buckingham Palace . You get it all on Varney Company which is about to begin. Stuart watch out in new orleans. Heavy rain, flash flood, emergency in new orleans. There might be a hurricane on t
christi paul. president biden meets with the president of south korea, to strengthen their alliance. back at home, his domestic challenges are mounting. one of them includes the baby formula shortage. we have parents this morning that share their story as they struggle to find a supply for their premature baby. and the january 6th committee zeros in on a gop congressman over a tour he gave of the capital complex the day before the insurrection. plus, a scorcher of a weekend. over 35 million people bracing for record hot temperatures. we re going to break down your forecast and tell you what you can expect. we begin with a crucial overseas trip for president biden. the president in seoul, south korea, on a visit aimed at shoring up u.s. alliances and strengthening economic ties. mr. biden arrived at the state dinner in seoul just moments ago, giving a toast. this is his first trip to asia as president. he met with south korea s newly elected president yoon suk-yeol e
receive around the clock security as the department of homeland security warns of murder threats escalating. welcome to our viewers in the united states and all around the world. it is thursday, may 19th. and shortly, the 18-year-old suspect in the racist attack on a buffalo supermarket is due to appear in court after pleading not guilty to first degree murder. we re also learning this morning that a 911 dispatcher has been placed on administrative leave for what officials describe as a, quote, completely inappropriate response to a whispering caller during the mass shooting that left ten people dead. we re hearing stories from those who survived the massacre, including one hero who risked his life to save co-workers and customers. he spoke with cnn s shimon prokupecz. shimon joins us live from buffalo. it is an incredibly moving story, shimon. reporter: it is. what a remarkable man, jerome bridges, he works at the store, describing to us and really just great detail, a