Provide an outright majority but the party more than doubles its seats. The Third Largest in parliament. Saudi announces it will sell up to 0. 5 of shares to Retail Investors and stays mum on what could be the worlds ever largest mistake. Well, good morning and welcome to street signs a check on markets and how they are fairing this morning a wall of red for asia and nikkei down a quarter of a percentage point but a big move for the shanghai currencies. Big mover in the hong kong index here this after Hong Kong Police opened fire on protesters during todays morning commute, leaving one man in critical condition. Now, these latest demonstrations come after prodemocracy lawmakers were arrested on saturday it weighed on stocks in asia, as i have been recounting shanghai actually the lowest, the most its dropped in the last four months for more inform oiation on whata been happening getting sold on rare week day violence as weekend unrest rolls over to the citywide protests on monday drops
Quickly. Now we have to take a different path is a change coming . What will the impact be . It all starts right now. Heres scott wapner. Welcome. Good to have you with us on this monday our Investment Committee at the desk today jim cramer is the host of mad money. We begin with the countdown to the fed beginning its twoday meeting tomorrow amid Great Expectations that it will lay the ground work for an Interest Rate cut in july stocks rising over the past two weeks on those very hopes. Jim cramer, ive made you the chairman of the Investment Committee today. Thank you so much ive given you that title is it all about that its all about the fed i want to see monitoring, vigilance, cognizant concern i get any of those words in the statement, bingo you dont want to see patience thats the word they say will come out that could be wait until september. Did you say monitoring also i love monitoring they may be where you get to. We got those words then were fine s you get the new York Manufac
Rally pause. Futures are flat as investors await further futures from the feds on its interest plans call it the amazon effect. Shares of bed, bath beyond slashes fullyear outlook. The most destructive storm in modern history puerto rico suffering that direct hit from maria. After another day of record highs for stocks, wall street focusing on the fed which wraps up its twoday policy meeting this afternoon the policy Statement Due at 2 00 followed by the News Conference a half hour later. The watch is on to see what the fed will say about reducing its Balance Sheet. This is the head of the journals finance section today and that is markets uneasy over fed action as this treasury slump, jim, is now the longest since march. Yeah, i mean, i think that were all kind of dealing with the idea that the markets, i looked at that headline and i say, if the markets arent easy, why did we hit a high. Dow jones, s p, nasdaq if for once were not beholden to what the fed says i want to know about th
To record high. This morning futures are looking like this. Markets expect today continue to gains with another higher opening at the start of trading, dow industrials expected to be up about 20 minutes, nasdaq also strong today a third of a percent. 32 points higher for the nasdaq. Cac quarante best performer. In asia overnight, gain as cross the board on top of record rally on wall street. Hang seng index best performer up better than 1 . Earthquake strikes near north korea, pentagon says its not as a result of nuclear test. Amazon looks to take another industry, this time real estate. Details on the new report that sent zillow shares to the basement. A new eye to prevent overbooked flights. We have the story as well after turmoil at united all year. All the stories and joining me to talk about it Fox Business Network Dagen Mcdowell, back, former Goldman Sachs partner and Peter Kiernan and andrew peek, good to have you here. Thanks so much. Maria good morning, everybody. I missed you
So what does it mean for all of this . Is health care dead on arrival . We will learn the lawyer. Russian lawyer who met with donald trump, jr. , was well known in dc circles and president obamas ag even extended her visa allowing her to stay in this country. We have all of the entail unthis unraveling mystery thats coming in to us minute by minute. But first we start with adam shapiro in the white house with the latest on health care fight. Adam trish, the law being continues behind the scenes, the Vice President giving speech behind the scenes, he met with remember members of the senate, senate republicans, look at the tweets that President Trump issued this morning. Key one is this right here, quote, republican senators working hard to get their failed obamacare replacement approved. I will be in my desk pen and hand. The question is will the senators be ready to vote yes. Lobbying continues and one of the issues that ted cruz amendment doesnt bring enough to bring moderates togethe