In addition to the markets with fox Business Team coverage and our reporter stated by blake burman on the white house northline and Lauren Simonetti and Edward Lawrence from washington, we begin with you, this is been a choppy session. Her reaction was key and i think its going to continue at least through the election as volatility, we had another session of pretty severe swings, over 300 points from high to low, not only on theyre down but also on the nasdaq. And the rally that we had at the open its baited the close once again because tech reverse gains once again so wayne on theyre down, salesforce and apple and the other mega caps stock that has such outsize market caps, they were done today and this week, look at this apple down 7. 5 on the week and netflix down 7 . Their losses were pretty severe and as for the major averages overall selling offer week number two, the nasdaq worst week since march right before the pandemic down 4 , the dow and s p 500 finish today in the green b
And defended the words he used to explain that decision in the report he sent to merrick garland, the attorney general. I said President Biden was old and he had a poor memory because thats what i saw when i interviewed him, hur keeps on saying. Anticipating that testimony, the white house released a transcript of that interview between President Biden and Special Counsel hur hoping to refute those findings. So lets get into it. Find out exactly what that transcript says. Also what democrats and republicans got out of todays testimony. Joining us now, nbc News White House correspondent, mike memoli and lisa rubin. First off to you, mike. You read the whole transcript. I tried to get you on the show yesterday, you couldnt come on. You said you were doing Something Special in secret. Now we know what it was. You were reading the transcript. Does it line up with the way hur described the interview . Certainly in the mind of democrats, no. Thats part of what the reaction was and what we sa
investigation and the response to lawmakers in just a moment. plus, president joe biden defends his division to send troupes to the southern border as the covid restrictions are set to end this week and the polls are sinking. and now on the wrong side of a potential rematch with donald trump in 2024. good morning and welcome to way too early on this monday, may 8th. i m jonathan lemire. thanks for starting your day and week with us. we begin this morning with a second deadliest mass shooting in the united states this year. eight people were killed and several others injured on saturday when a gunman opened fire at an outlet mall in allen, texas, which is a suburb of dallas. we want to warn viewers that some of the footage you re about to see is disturbing. dash cam video, which police confirm is authentic, shows the moment the alleged gunman got out of his car and began firing. police have identified him as a 33-year-old suspected neo-nazi sympathizer. he was wearing
fighters will withdraw from a high profile battle in ukraine next week. the major blow to russian president vladimir putin and what it could mean for the war if they do retreat. our nbc news reporters are following all of the latest developments here. i want to begin in ukraine with the latest commenting from the leader of russia s wagner group, threatening to withdraw from bakhmut if he s not supplied with more ammunition. this graphic video with the bodies of russian soldiers, he would draw as soon as next wednesday, significantly after victory day celebrations in russia. this is a guy trying to earn putin s good graces, the latest declaration is shocking. reporter: the words in the declaration are not necessarily so surprising because we have heard him in recent days since last week make this claim that he says russia s ministry of defense is not providing his group with enough ammunition in bakhmut. what is surprising here is the tone that he has in these videos and the
that does it for us on this friday morning, ana cabrera picks up the coverage right now. happy friday. so glad you are with us. it s 10:00 eastern. i m ana cabrera reporting from new york, and it may be friday, but there s still a lot of news this morning, including big economic shifts. we just got the april jobs report, and instead of the decline economists expected, unemployment numbers ticked down. the unemployment rate is 3.4%. jobs were added, many more than expected. that is some good news, but with interest rate hikes, banking turmoil, layoffs, and store closures, how do you assess the state of the u.s. economy? former new orleans mayor mitch landrieu who s also a senior adviser to president biden will join us. plus, a judge could hand down a record sentence for a january 6th rioter today. how long that defendant could spend behind bars. and we re following reaction to the historic verdicts against members of the proud boys. what does it all reveal about the