First here is what is brand new at this hour. Wooing the heartland. Democratic 2020 candidates in iowa today, making their pitch to americans including farmers who have been hit very hard by the trade war. Were live in des moines taking the pulse of voters. White house hopeful, new york city mayor, bill de blasio calling for corporations to pay their fair share. Where have i heard that before . Vowing to tax the hell out of the wealthy, what he said during a heated interview with fox newss sean hannity. The highlights you have to see. Outrage on the left, outrage a growing boycott for a fundraiser for President Trump. Outrage on both sides of the oil. Ashley fox Business Team coverage and Edward Lawrence from the white house, phil flynn from the cme and Jackie Deangelis from the New York Stock Exchange. Well begin with the latest from the white house and edward. Reporter china actually rebounded in exports, 3. 3 , growing from june to july. That was good news for the market. The defici
Big news from washington to wall street, the Senate Voting right now on a straight repeal of obamacare with a twoyear window to replace with a new health care plan. Well be following all of the action from the senate floor and bring you the results of this key vote. And social media behemoth facebook out with report any minute. Will Mark Zuckerberg deliver . Well bring you the numbers the moment they come out. David back to the market records. Nicole petallides on the floor of the new york stock exchange. Nicole, we havent always had the dow go along, now the dow setting the pace. Reporter right, we havent seen that since the 14th of july. This is great news here. Youre getting not tired of winning. Youre right, absolutely right now, we are to the upside. Off 96 points at the closing best. Record high for the Dow Jones Industrial average. Boeing, thank you, boeing, adding 112 positive dow points. That was a winner. The s p 500, another record there, off almost 16 since election day in
A is diplomat has been working behind the scenes with north korea for months. President trump will get an update when he meets with u. N. Ambassador nikki haley. That is about an hour from now. The president issuing Harsh Criticism for Senate Majority leader Mitch Mcconnell over his inability to repeal and replace obamacare. But members of the house are keeping the fight alive, even if it means going behind House Speaker paul ryan. Pennsylvania congressman scott perry is helping to lead the charge. He is going to join us coming up. David the dow snapping a twoweek winning streak, ending this turbulent week down about 1 . Lets go straight to nicole petallides. She is on the floor of the new york stock exchange. Nicole, it has been a wild week but it was nice to see it end in the green at least for the dow. Those are the weak averages down a percent but it was positive today. We see all three of them down more than 1 for the week. As you noted, the dow right now, up 15 point as we heard
Vowing to take his campaign all the way to the convention as another major media outlet warns reporters to be aware of violence from disgruntled supporters. David the dow ending up 18,000 for the First Time Since april 27th. Scott shellady of tjm investments is watching action in oil and gold. A lot of action in gold from the cme. Lori rothman from the floor of the New York Stock Exchange. The dow making it happen. What were the bilge drivers . Not a lot of confidence, david, not a lot of conviction. As you know the dow traded in narrow range, crossing epsychological milestone, 18,000, almost 60 times. Yesterday hitting 18,000 crossing above and below 32 times. You have to question investor confidence. First time we have the dow closings above 18,000 for many months. Alltime high for s p is 2130. That puts large cap index, broad market averages within 1 of s ps alltime high. Story of a weaker dollar today, that powered oil prices above the 51 handle today. It also gave a nice lift to s
Anthony scare my think from skybridge capital. You hate when i do this, dont you. Melissa you are the tweeting or texting breaking news. Im telling them im on the show. Melissa people are right there out in front of you. You dont need to weet to them. Sometimes i wann them to know. You know. It does work on occasion. Melissa okay. So the combination, republicans controlling both houses, the presidency and democratic hands, that historically generally. You know, statistically that has been the best. I would say one caveat to that is, in this case because it looks like republicans are going to win. We dont know how much, and say they have a decent mandate. They pick up seven seats. You would think that president obama would play ball with them on some degree of regulatory reform, on some degree of tax reform and Obama Melissa maybe it is not that. Maybe like true deadlock with a president and congress with true deadlock. Is in the president goes on the offensive, grants massive amnesty f