Good morning, im david asman in for stuart the varney today. Meta is bleeding cash. The companys lost 200 billion, thereabouts, in market value since their report after the bell yesterday. Now, Mark Zuckerberg says he plans to spend billions more on artificial intelligence. That had investors a little concerned. Meanwhile, gdp for the First Quarter coming in well below expectations. That accelerated selling. The dow is now down 447 points. The nasdaq is down 276 points, so its going to be a wild day for trading. Lets check the Interest Rates. The 10year just above 4. 6. Its now 4. 7. 2 right now. 4. 72. The 2year is up over 5 . You get a 2year bond for 5 right now. Not Much Movement for bitcoin, trading around 63,000, 63,5. Gold is trading around 2300 an ounce, its up a tick, just 4. Oil trading around 82 a barrel. And now to politics. Wow, what a day. Very busy day for donald trump, and it started early. He made a Campaign Stop this morning. Trump is making a big play for new york. He
European markets in the red take a look at the euros on. We have gains in paris and germany but the s p 100 is negative by 36. In asia overnight and make story as you can see fractional moves across the board. The worst performer is japan done what hopper said. In washington the House Holding the first impeachment inquiry hearing today as the white house goes on attack against congressman james comer after his committee released findings showing a delaware assistant District Attorney kept joe biden free from investigation from a larger probe. House Oversight Committee chairman james comer is here live in the 7 00 a. M. Hour with the shocking Text Messages between hunter biden and his uncle jim biden. More on why beijing sent 260,000 to joe bidens delaware home as he began his 2020 president ial campaign. 20 the conversation already long Strategic Wealth parker entrepreneur mark tapper, Washington Examiner Kaylee Mcghee white in Washington Examiner tn althou. Maria lets get into it seve
John im john roberts. The story with martha starts rights now. Martha that will be on our minds for a while. Good afternoon, everybody. Im martha maccallum. New things happening in several big stories as we get started here at 3 00 eastern. Senator bob menendez in court with his wife, nadine. If convicted on the counts that they face, the couple could face 45 years in prison. Many of his fellow democrats say he needs to go now. They dont want to wait for a trial. Hes not budging for now at this point. And then theres this story. Watch what happened last night in philadelphia. Martha how is this the scene in Downtown Philadelphia . I dont know why that woman was cackling and laughing while she was videotaping that. Only she knows. The answer to that, its complete chaos in Downtown Philadelphia. Police say that these flash mobs have been in a Caravan Riding around the city and ransacking stores. Were going to talk about that today. Its not just in philadelphia. It has happened all across
Former President Trump beating President Biden by ten points. Even the Washington Post is calling its own poll an outlier. Senior National Correspondent kevin corke is live in dc with how the panic is now playing out. Kevin good evening. Reporter dont think you predicted that would happen on a monday. Good to be with you my friend. Every single time trace a gop candidate has a good showing in a poll democrats love to remind folks in washington dont forget republicans led the polls heading into the 2022 midterm elections and that was anything but a red wave so its against that backdrop saying dont make more out of an outlier of a poll than you ought. Talking about their own Washington Post poll. But by any measure lets be honest these numbers dont lie and frankly dont look so good if you are the democrats or President Biden. Ask who youd vote for if election were held today, look at that 5142 pummeling. But wait theres more, you like that . Chances are youll like the other polling, do y
And this is americas late news, fox news and night. I should be in pennsylvania, in florida, in many of the states, north carolina, georgia campaigning. This is all politics coming out of the white house and it makes me campaign locally and thats okay. [ chanting ] [ Simultaneous Talking ] trace breaking tonight, one in the courtroom, one of the Campaign Trail. President Biden Hitting the Campaign Trail in his hometown but the former president tied up in court using a Courtside Microphone as you see to get his Campaign Message out. Meantime seven jurors were seeded today in trumps hush money case but many are questioning how impartial the jury might be. Far left da filing a motion to hold trump in Contempt Of Court for allegedly violating a gag order but Michael Cohen a convicted felon and liar is free to speak to the nation at will. We are live with more on the unusual Jury Selection process. Good evening. Reporter good evening, trace. A busy day in court today. Seven jurors have been