Train to rise in yields working yesterdays selloff. Now back above 2. 9 . Are we going to see three . Lauren in europe comes tax filing on worries about those higher rates. The ftse down 1 in london and the dax and germany down on muslim . Cheryl stocks caught up in the selling overnight at the nikkei up 1 . Investors in china back from a weeklong holiday in their bullish. Shanghai composite of 2 . Meanwhile, an emotional day yesterday at the white house. I lost a best friend, practically a brother. I am here to use my voice because i know he cant. Lauren President Trump begin an emotional listening session to families who are touched by school gun violence. The highlights of what they said until you what came out of that session yesterday. Another one set for today. Fbn am starts right now. Cheryl 5 01 a. M. Here in new york. Thursday, february 22nd. Good morning, and cheryl casone. Lauren and lauren simonetti. Thanks for joining us. Cheryl so Many Americans reacting in saying theyve
Nation in the world. Our rate is the least competitive rate there is. Our business tax rate is 60 higher than our average economic competitor. Think of that. And then you say, how do you compete . Well, in many cases you dont. Our companies leave. They go to other countries. Its a massive tax on every product made in america, giving countries like germany, canada, japan, south korea, china, and mexico, not to mention so many others, a massive head start over american industry. It is time to go from dead last to pretty much the front of the pack. [applause] pretty much. We wont be the lowest but well be getting pretty close. Under your framework, we will dramatically cut the business tax rate so that American Companies and workers can beat our foreign competitors. [applause] we will cut the business tax rate from 35 all the way down to 20 below our average competition by far, and this is a revolutionary change and the biggest winners will be everyday working families as jobs start pouri
Will we see a vote tomorrow . A live update from capitol hill. One of the biggest match ups in boxing this year. Head lines are coming from outside the ring. Boxing legend oscar de la hoya take be jabs at President Trump in new tv ad. David he has a left hook we worry about. As we await the big earnings, take a look at the dow, barely in the green as chevron, exxon, merck. Apple reporting disappointing iphone sales yesterday. The dow had been in the red all morning. That changed at about 2 00 p. M. When the Federal Reserve announced it would hold off a rate hike until the economy really started to grow more. Financials climbing though as investors do seem to be betting on the slow growth being shortlived. Melissa. Melissa breaking earnings. Facebook set to release First Quarter results any minute. Investors keeping a close eye on user growth and video ads as the tech giant tries to curb recent scrutiny on handling of live video content on live screen. We shanna glenzer, make offices ch
With the very latest this morning. Checking market action. Its been a tough week for oil. We are seeing a gain of about one half of 1 . Still below 50 per barrel. They seem to be up. Seventy points at the opening of trading. He heard from the ecd yesterday. Two thirds of a in paris. In asia overnight. Markets were mostly higher. Political unrest in south korea. Deadly protests overnight erupting after the countries as it was removed from office. A 4yearold girl blown away by extreme winds amazing pictures here. Look at this. Wow. We will bring you the latest there. Making a cart for mans best friend. We like that. All of the stories are coming up. In joining me to talk about it. Happy friday. They could be a big number. I take it might be huge. The first jobs report under President Trump. We know the expectations are out there but does that market trade up. On a huge number or does the market trade down because they start raising Interest Rates next week. I think it is baked in. Unless
New National Polls show here with a fivepoint lead. Team fox business in place and Political Panel ready to react for the latest fiery rhetoric. Plus its been 68 years since the Cleveland Indians won the world series. My Cleveland Indians. Were going to take you live to cleveland for a game one, on the ground preview. On wall street, on the ground here, digging a little lower than that. Down 54 points for the dow industrials as the earnings barrage continues. Apple comes out after the bell. Were watching the dow, nasdaq and s p with the nasdaq down 28 points. That could change when apple comes out. Were less than an hour to the closing bell. Lets start the countdown. Heres a question, will christmas come early for apple or will the grinch steal the Holiday Cheer . Investors waiting for apples quarterly report. If you dont own apple, apple is a huge chunk of the s p 500. What apple reports after the bell may affect the markets tomorrow after the opening bell. About an hour away from the