The wall street journal calculates that icahn will make 400 million if hes right. More on that in a moment. Lets get to the market. Down yesterday, and probably opening a little lower this morning. President trump says if china doesnt make a trade deal, he might raise tariffs even more. He also said hes very happy with china because the treasury has taken in almost 100 billion from tariffs. All right. The dow is going to open down about 80, s p down about 9, nasdaq down about 32. But all of them still right at record highs. In a couple of hours, really big meeting in texas. Apple meets the president. Tim cook meets donald trump. This is at the new mac pro factory in austin. Pivotal meeting. Its about building apple products in america. Its about tariffs on apple products. Its about china trade negotiations. It is a big deal meeting. Just as important, what will the president say to reporters when he leaves the white house . We will certainly tell you. Varney company is about to begin.
The pundits are questioning whether he has the stamina and the focus to go the distance. If he doesnt, the democrats are left with two way out there, far left frontrunners. Just wait until you hear the details on Bernie Sanders 16 trillion climate plan. Stocks, they are going up again this morning. The Chinese Foreign ministry, cool to the president s statements on china trade, and we have been in and out of that inversion of the yield curve all morning. It doesnt seem to have been a big negative. The dows going to be up about 80 odd points, 10 for s p, 43, 40 odd points for the nasdaq. Thats about a half percentage point. All right, everyone. Stay there, please. We are going to show you the latest biden gaffe and a closer look at the poll thats really set him back. Varney company is about to begin. I just spoke at dartmouth on health care at the medical school or i guess it wasnt actually on the campus but the people from the medical school were i want to be clear, im not going nuts.
Nicery. Were on top of that decision shortly here that could be others are saying consumers it could cut a number of different ways. Were on top of that. Were on top after market rally that knows no bounds. It would be 69th record of the year, go back to bill clinton president , 1995, for the most records achieved in single calendar year. A lot depends on tax reform getting done. Speaker paul ryan, a lot of that depends on my friends in the United States senate. Take a look. It is all about timing and managing absences in the senate. So, were basically being flexible for the majority leader. I talked to mitch a couple times about this were simply being flexible to honor their concerns about managing their schedule and possibly absences. Neil how will that sort out . Were talking about senators cochran and john mccain who might be too ill to be there for the big vote. That could make a big difference. To fox news capitol hill producer chad pergram. What do they do in that event . Here i
Tree into markets in asia Labor Day Holiday. European markets closed for mayday. Stocks in japan trading in the nikkei finished up by half a percent. Lauren hacker releases episode from the new season orange is the new black and crimson release more from other networks of its ransom request is not met. We will have the story. Nicole utah jazz eliminated in game seven of their series a day after his sisters funeral, Isaiah Thomas leads the celtics to victory over the washington wizards. Newline of the highlights. Lauren good morning. 5 01 a. M. In new york on monday, may 1st. Your first look at todays markets in the latest breaking news. Train to republican and democratic negotiators reaching a 1 trillion spending bill to keep the government running through september. Republicans have 1. 5 billion for Border Security measures and 15 billion payment to strengthen the military peer lauren Senate Minority leader Chuck Schumer issued a statement saying there those are not used for an ineffe
Dagen asian stocks reopening after slipping one third of 1 in china. The shanghai composite ended up a third of a percent. Lauren oil prices lost about 1 . They are rebounding today. Talk about tech expanding reduction cuts up 1 . 48. 73 a barrel. Train to the yield on the 10 year treasury continuing to fall. Just a little bit holding at 2. 5 mark. Lauren also busy day for earnings. Well hear from nike, fedex and General Mills throughout the morning. Dagen in sports, tempers flair and the golden state gets the last laugh as they thought the vendor. Oklahoma city and tom brady super bowl jersey reportedly stolen by a former mexican newspaper executives. We are going to have the very latest on that story. Lauren the fbi was involved on that one. Good morning, everyone. Five of 1 00 a. M. Your watching fbn am, your first look at morning markets and breaking news. Good to see you, dagen. Dagen good to see you. Lauren House Republican leaders making changes ahead of a full house vote on thu