Self driving cars, driver using autopilot in a tesla model s. Not only big for travel but the big friendly giant among movies hitting theaters, a preview of the weekends top movies. So much for the selloff in the weeks of the british vote to leave the European Union. The tao and the s p 500 have recovered nearly all the losses from that vote. Look at the action this morning, futures in the us point to a slightly lower open off one 4 , futures down 39 points. In europe we are watching markets trade in positive territory although mixed trading we have seen for most of the session. The cac quarante in france, the for the in london up 3 10 of 1 . Markets are higher and the hang seng closed for trading today. Green arrows across the board. All of that coming up and there she is, foxbusiness networks Dagan Mcdowell is here, professor of business and economics and radio talkshow host daniel webb. This is going to be good stuff. Good to have you here. You see richard and david next to each oth
Her meeting with bill tainted that investigation with conflict of interest. Damage control time this friday morning. Big problem for tesla. The feds launch an investigation of a fatality of an accident involving a tesla car being driven on autopilot. That stock will be down today. Lady and gentlemen, my message to america, get out there and drive july the 4th, gas prices the lowest in a decade. Varney company is about to begin. All right, everybody, this is where the dow closed yesterday. 17,929, one week after brexit. Armageddon, you know, the big selloff, it lasted precisely two trading sessions. Were now only 70 points from 18,000 and the dow is actually positive for the year. Thats how we start this friday morning. How about the s p . Yesterday, it closed right there at 2098, it, too, is now positive for the the year despite brexit. The price of oil down a bit. 47. 99. The individual stock story, the culprit story of the day is tesla. And theres a report of a fatal crash for model
Loretta lynch says she will accept the bureaus recommendations regarding Hillary Clintons email investigation, but, did she leave herself a little wiggle room . Steve forbes will join us this hour how this will play out on the campaign trail. Donald trump facing possible revolt in the battleground state of colorado. Last minute behind of scenes effort currently underway to block trumps nomination. Cheryl back to the markets, just closing right now, the dow up for the fourth straight day, wiping out nearly all the losses following the uk exit vote. What a week we have. Phil flynn, price futures group, watching action in oil and gold from the cme. And lori rothman from the floor of the new york stock exchange. Lori, hi is . Great to be with you. We did not completely make up all the brexit losses but for the week the dow is up 3. 2 . That is tremendous considering where we were exactly one week ago. Talk on the floor, central bank stimulus, Global Central Bank stepping forward if we see
Rerun for the top election, citing voting irregularities. The countrys right have a Second Chance at the countrys top office. Im sarah kelly, welcome to the program. We begin with a developing story. Two Police Officers have been killed in a gun battle between Law Enforcement and possibly nine gun men in dhaka. Several hostages have been taken in a popular tourist restaurant in a diplomatic corner of the bangladeshi capital. Several people are injured, according to police. The Islamic State has claimed responsibility for the attack. The cafe is frequented by expats, diplomats and local middle class families. Our correspondent, lionel islam kahn, is in dhaka and joins us. Gunfire, we hear a hostage situation there. What more do we know . Until now, we know two policemen are involved and the gunmen are still inside. Staff of the restaurant who managed to escape the restaurant said that they saw several bodies lying in the restaurant and more than 20 people, customers who are in the resta
Florida. The online site identified the driver as joshua brown of ohio. Brown was drivine ining on a ha s sen on a highway in Central Florida and a tractortrailer turned in front of him and autopilot failed to swerve. He even tweeted a link to this video. The national highway traffic board opened and investigation into the deadly crash and pilot system on the cars. Tesla extended sympathy to browns family and called it a rare circumstance saying neither autopilot for the driver noticed the white side of the tractortrailer against a bri t brightly lit sky so the brake was not applied. Every time that autopilot is engaged, the car reminds the driver to always keep your hands on the wheel and be prepared to take over at any time. A contra costa sheriffs deputy under investigation in a widening sexual scandal with a teenage girl stepped down. Perez stepped down, he was involved with as many as 30 officers for allegedly having n inappropriate sexual relations with celeste, a selfdescribed t