It has dipped in and out of negative territory, the nasdaq hitting yet another record high. It is up again. The dow and s p up for a Third Straight day. We are on pace for our best weekly gains of the year. Wynn resorts is the best performing stock in the s p 500. Perrigo, edwards, united tech. Lets party again, baby. Youve got it, brian. Im tyler mathisen. Welcome, everybody. Here is what else is happening at this very busy hour. Shares of twitter soaring more than 10 . The strongest growth in monthly active users in more than a year. Much better than expected earnings. After reports the white house is preparing an order to withdraw from nafta. More on this in a moment. And didi raising between 5 billion and 6 billion valuing the chinese taxi hailing service at about 50 billion making it the second largest vcbacked startup behind uber. We begin with President Trumps big tax plan. We will get the details or at least the outlines of it. From what we can expect to how it will impact your
Alphabet parent to google up better than 4 right now. Set the action right here and the nasdaq composite is up a fraction as the s p 500 and the Dow Jones Industrial average. I would have expected a bigger move there so we will take a look at markets coming up. In Europe Markets are mixed right now, the cac quarante and dax index up fractionally. In asia overnight, markets closed like this as you see, shanghai composite scweaked out a gain. The airline settling with that person and his lawyer is now praising United Airlines, we will tell you why. Airlines comes into fire, southwest is getting proactive, it will no longer overbook flights. Populist site was down for several hours, what caused that crash coming up and mobile ordering a boom for starbucks, nearly onethird of sales were made online but popularity actually backfired, we will bring you the stories and joining me to talk about independent voice and president heather is with us the king of College Professor Brian Brendberg is
And investors totally shrugging it off. Especially when news came after a possible deal on taxes. Look at this, the dow will open way up about a half hour from know you and that will put it about what, 100 points, roughly 100 points away from the roughly alltime high. Janet yellen had something to do with the rally. Now look at this, too, amazon, the prime day sale ended early this morning on pace for a billion dollars worth of sales in 30 hours. The echo speaker, one of the top sellers, along with dna tests. The stock will open above 1,000 a share. All the big tech names on the way up again. And especially facebook. Keep an eye there, close to a record high. All of them on the upside. So there you have it. A political mess. And a wall street rally, oh, weve seen this before. Varney company about to begin. In retrospect, i probably would have done things different. Again, this is before the russia mania and building it up in the press. For me it was opposition research, they had someth
Mainstream media, seldom mentions. President makes a valid point. Is liberal media obsessed with socalled chaos in the white house . There has been a lot of revolving doors. Are they so obsessed with chaos, forgetting to report on things that actually matter to the American People . We have not forgotten right here. Jobs, economy. All of this as we wait for the press briefing. Youre looking at the screen. The press briefing will get underway any minute. We bring in the panel. David nelson on set with me right now. Fox news contributor mercedes schlapp. Former president of Young Democrats of america, atima amaro, editorial director for washington examioner, bill gergen. Thank you for joining us. Great to be here. Lauren this is the First Official full day of the new chief of staff at the white house general i dont know kelly. Stocks flirting with 22,000 in record territory yet again. Fifth potential record close in a row. You have a big push by the president to sell tax reform. Is any o
America and thats widely considered to be the main driver of julys gains which were the best since february. Today the market was mixed. The Dow Jones Industrial average advanced 60 points to 21,895. Nasdaq fell 26. The s p 500 was off just slightly. For the month, all the major indexes were up. The nasdaq was the big winner. Bob pisani takes a look at what worked for investors and what didnt in july. Reporter was a good month overall. S p up about 2 . Up nearly 11 for the year. Techs been the leader and it was again in july. The demand for semiconductors to power cell phones and appliances keeps going up. Oil had a big rally going from 44 to nearly 50, but didnt help a lot of oil stocks. Exxonmobil hit a 52 week low on friday. Banks were mostly down for the knot. They benefit when Interest Rates are higher and traders have been surprised rates have not been rising despite the improving economy. Inflation, for example, remains below the Federal Reserves target levels. One major issue,