[ ] that s what i want neil: a good thing i cover money because it s all about the money especially right now. money that s what the biotin and trump campaign s want and they re hoping to hole in lots of it. president biden fresh of european trip, planning to sweep into los angeles los angeles tomorrow for star-studded hollywood fundraiser. former president barack obama julia roberts and george clooney among the big headliners. donald trump for his part attending a big birthday bash tonight at club 47 west palm beach with about 5,000 of his closest supporters possibly more. we have fox team coverage with danamarie mcnicholl on the trump event expected to kickoff in 3 hours, and then los angeles big money president biden is banking on right now. welcome everybody you re watching your world right now. i m neil cavuto. glad to have you. first west palm beach where you will find annamarie on this big trump event tonight. with the breast they bash started about an hour
Enjoying all of the beauty that Mother Nature has to offer. Whatever youre doing this friday, the day after thanksgiving, im thankful that youre with us. Excited to be working with my dear friend of Maureen Naylor of ktvu. We usually see in you the south bay, which is where you grow up. Yes. Normally i see you on tv at this desk. Youre here. Mike is enjoying the day off. Sal technically isnt off. He is down in your stomping grounds, the south bay, kicking off the one warm coat drive. We have four dropoff locations. He is at santana row this morning. Sal, how is the coat drive going this morning . Reporter it is going well. In fact, the girl scouts have already had some coats delivered. They have collected some. This these troops have been collected coats for one warm coat. It started 25 years ago. Ktvu joined the effort 15 years ago. This is a big year for us and them. I want to bring in paige leslie which is the troop leader for one of the troops. You are collecting coats and other th
Business less likely to expand yet, thats what happened today. Dow gaining 81 points. S p tipping. 0. 5 . After the fed gave us its long expected quarterpoint rate hike so the answer is, yes, but yes for a reason the departing fed chief has followed the footsteps of her predecessor telegraphing her actions months ahead of time her transparency which i hope will continue under incoming chairman jay powell is the reason why the market didnt get slugged when we got the hike now, there is a whole generation of investors out there who dont know the way these fed meetings used to be back in the day when they were edge of your seat occasions. Everything was cloaked in secrecy. We never knew what they were going to do. Never had anybody to figure out why they did it beyond the boilerplate statement that was g gobbledygo gobbledygook why does the market or dow seem to like this, enjoy a rate hike . A couple of reasons. First not so much that we like it, as that investors realize rates cant stay
13 points. The nikkei was down. Closed down by a half percentage point. You did see that stocks were higher in china. Hang seng up by 1. 5 then this morning in early trading in europe, take a look things are mixed stocks are slightly low ner germager lower in germany and france. Stocks in italy down by 0. 6 then you have crude oil. Crude Oil Yesterday ended up down back below 58. This morning its up, but still below 58, trading at 57. 57 to the story of the morning the closely watched senate race in alabama, Democrat Doug Jones is the apparent winner there, though republican roy moore is not conceding just yet john harwood joins us from birmingham he has that story. Good morning good morning. This was a very big victory for the Democratic Party first time they won a United States senate race in alabama in 25 years a big defeat for President Trump and his party. Look at the numbers. Twopoint lead for doug jones. Roy moore has not yet conceded he said gods in control were still waiting f
Have an exogenous event that drags down the whole mark and always say this could be the opportunity to get your toe in the water if youve got some spare money lying around yet after senator marco rubio said he couldnt vote for the tax bill the market took a hit and dow ultimately dipping 77 points s p declining 0. 41 and nasdaq edging down 0. 28 . How many took this moment and treated it as a buy, buy, buy im betting most of you didnt i dont want to get in front of this d rail freight train. Not after weve rallied hundreds of points based on the idea this tax bill will pass yet, the risk of being a pollyanna, id like to point out this is precisely the kind of event that brings out mass sellers, especially in the s p 500 stocks, well, and then creates the momentarily proverbial sale. Sell, sell, sell. On coveted merchandise you would otherwise have to chase to own and always say, look, theres a store that throwing a sale in the mall and, hey, lets get mothballs and im a buyer. Same kind