Market closes lower after fed minutes hit wall street. Bob pisani here with all this action. Not the market doesnt know the fed is going to taper at some point, bob, any time its faced with that reality, we see sellers come out of the woodwork. Yeah. Were parsing every comment and cynical in here. You could prove almost anything reading these minutes. Heres the sense, let me put it up for you, that got people talking. Participants considered scenarios under which it might be appropriate to begin to wind down the program before an unambiguous further improvement in the outlook was apparent. Some people were talking about tapering sooner rather than later. I think thats the key sentence in the whole record. The tenyear, which had been moving up prior to this announcement, moved up even further. We were at 2. 71 at the start of the day. Closing right near 2. 8 . The dow drop the a little more than 100 points but ended off its lows. Still a decline on the day. Not surprisingly, Interest Ra
Lori a very good monday afternoon. I am lori rothman. Melissa i am melissa francis. The dow and the s p and the green. Lori it is a tough sell. Is it time to take another look into bonds . Please say if you blend it, they will come. Ethanol gas is squeezing refiners. How you may be forced to pay for it at the pump. Lori the ryan budget plan. Lets get you set up with the first market check. It is time for markets now. Nicole petallides. Nicole what a day on wall street. Another day and another intraday record highs for the Dow Jones Industrials. You would think the market is overbought. A little too nervous to short the market. Celebration for the polls out there with record highs for the dow. I wanted to also take a look at the vix, the fear index. 1176. Obviously, this fear gauge is a barometer of what people think will be likely over the next 30 days. I wanted to take a look at dow component general electric. Now we are hearing about the nominations for a board member. That would be
Back for a vote next week. Tuesday, republican senators met with President Trump at the white house to strategize just a short time ago, the president talked about the chances of passage. I think we are going to get at least very close and i think were going to get it over the line. There was a great, great feeling in that room yesterday. Passage is going to require assistance from the top down. Executive to legislative which might be tough. As republican senators in public, what they think of President Trumps efforts, most today have had kind words. In private, however, heres what they tell the media. Politico, a widespread sense of exasperation with the president. The Washington Post they have come to regard some of his threats as empty. Also according to the post they are tired of his pithy and provocative tweets. As if on cue, the president today chose to emphasize personal vendetta over policy agenda on twitter, complaining yet again about fake news in a series of missives. Ha Hal
Reporter ice and the kkk have a lot in common. Growing outrage after a 2020 democratic contender draws that parallel. Fox and friends first starts right now. Good morning, you are watching fox and friends first this friday morning. A very snowy one in parts of the northeast including new york city. We got dumped on yesterday. The clouds over the empire state building, a beautiful want to start your friday and we begin with this. The first ever statewide hand recount just ordering floridas hobby contested senate race. The decision comes after Broward County missed the deadline by two minutes. Rick scott accusing brenda snipes of doing it intentionally. Griff jenkins live with what happens next. One thing that is not going to happen, remember coming home apparently. Reporter nobody was more stunned than the people in the building behind me. The guy that did the counting saying off camera, i went through hell for nothing. Brenda snipes, the election supervisor took responsibility for it.