Dangerous. Im sorry to anybody who had Money Riding on Fat Bear Foro to the news continues On Cnn with Wolf Blitzer right next door. In the Situation Room News whos a federal judge has just unsealed the huge trove of new evidence from Donald Trumps federal Election Subversion Case prosecutors outlining in green they detail trumps alleged crimes as he schemed to quote, perpetuate himself in power. The Special Counsels filing is already becoming a major issue in the race for the White House with Trumps Team claiming the u. S Justice Department is trying to interfere in the election on the heels of last Nights Vice President ial debate between Jd Vance and tim walz were also keeping a very close eye on the Middle East one day after a runs unprecedented ballistic Missile Barrage against israel amid Israels Incursion into Southern Lebanon our Cnn Team is in the lebanese capital of beirut which has just heard three loud explosions following an apparent israeli strike, will have a live report
I will talk about that with rnc chair ronna mcdaniel. All that and more coming up on making money. Charles well you could call todays session a random walk down main street. This as the biggest percentage winners include auto dealers like carmax, casinos like m gm, retailers like roth stores and furniture makers leggett and platt. This as looks like economy will open across the country. Wall street experts say the move is too early and far too optimistic. Lets get what our market pros see what they think. Shah gilani and erin gibbs. Erin, let me start with you. The idea maybe this is too much optimism. Wall street hates it but the more hate it the more the market seems to rally. We are, many of us are cautiously optimistic. But im definitely concerned at how stretched some of the valuations are looking forward though. It is very hard when you talk about value because you really have very little visibility on what the actual earnings will be. But certainly there have been a lot of predi
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.
President ial candidate steve forbes, great to see everybody this morning. Good to be with you. Maria a lot to talk about, dagen, missed you, wanted to get your take on complaints and whistleblower complaint that we will be declassified. Dagen right, acting in front of Congress Later this morning, declassified last night. Again. Let the American People see it in. I will leave it at this. Will democrats try to leave the. , the intent is to essentially destroy the economy and prevent everything from getting done that would benefit the American People like the canadamexico trade agreement. It looks like they are not maybe even impeach him but just destroy the economy because of it. Uncertainty they maria theres no u. S. Mca, nothing gets done legislatively and its amazing to me that they could stand there and pursue the moves when, in fact, at tend markets, investors, voters are going to blame them for that, steve forbes, what do you say . Its going to be a thin excuse when you have 6 or
Through to the open. The s p up about. 87 . Nice gain. The nasdaq up better than 1 . It is a rally. Please note, the market has completely reversed, the selling that greeted the inverted yield curve scare and the china trade scho scare even though that is a threat. The Hong Kong Police have banned the giant demonstration planned for this saturday and beijing has brought in fresh troops. The scene is set for a crackdown. If that happens, it would likely affect china trade talks. By the way, monday, the hong kong protesters have called a general strike when our market is closed. Watch out Tuesday Morning. Heres what we have for you. The markets rallying bigtime. Interest rates are falling. The president speaks to Brian Kilmeade and here comes dorian. Likely a cat 3 hurricane when it hits florida. Varney company about to begin. Stuart ive got to say this. The market just seems like it just wants to go up, bearing in mind yesterdays rally and what weve got coming at us first thing this mor