In for alicia menendez. American voices will be back tomorrow. Welcome back to a Special Edition of velshi. We begin this hour with dysfunction in the house of representatives. The federal government will shut down one week from tonight, if House Republicans cannot figure out a path forward to perform their basic constitutionally assigned duties. This chaos and disorder is 100 avoidable in congress if they just do their job. Shut down now seems all but certain if speaker Kevin Mccarthy cannot find convince a faction of farright republicans to sign off on a deal from the government. Today on capitol hill, members of the Roads Committee discussed the path forward for Appropriation Bills that mccarthy plans to put on the house floor on tuesday. Speaker mccarthy is not relying on hope to somehow pull a rabbit out of a head for a solution. I always believe, when you get to the final deadlines, thats when the real crunch. Comes on believing in Human Behavior furthest that have been holding o
Shut down one week from tonight, if House Republicans cannot figure out a path forward to perform their basic constitutionally assigned duties. This chaos and disorder is 100 avoidable in congress if they just do their job. Shut down now seems all but certain if speaker Kevin Mccarthy cannot find convince a faction of farright republicans to sign off on a deal from the government. Today on capitol hill, members of the Roads Committee discussed the path forward for Appropriation Bills that mccarthy plans to put on the house floor on tuesday. Speaker mccarthy is not relying on hope to somehow pull a rabbit out of a head for a solution. I always believe, when you get to the final deadlines, thats when the real crunch. Comes on believing in Human Behavior furthest that have been holding out, no one that crunch time is coming. Even if they say, why didnt all this happen sooner . They are the ones that held it up. Maybe theyll see the pressure and do something differently. Hes relying on Hum
In for alicia menendez. American voices will be back tomorrow. Welcome back to a Special Edition of velshi. We begin this hour with dysfunction in the house of representatives. The federal government will shut down one week from tonight, if House Republicans cannot figure out a path forward to perform their basic constitutionally assigned duties. This chaos and disorder is 100 avoidable in congress if they just do their job. Shut down now seems all but certain if speaker Kevin Mccarthy cannot find convince a faction of farright republicans to sign off on a deal from the government. Today on capitol hill, members of the Roads Committee discussed the path forward for Appropriation Bills that mccarthy plans to put on the house floor on tuesday. Speaker mccarthy is not relying on hope to somehow pull a rabbit out of a head for a solution. I always believe, when you get to the final deadlines, thats when the real crunch. Comes on believing in Human Behavior furthest that have been holding o
Higher by 0. 3 or greater. Look at the nasdaq. It has been a little more beatendown but today up more than 0. 5 . The best day from the nasdaq since november 30. Perhaps investors are feeling a little more certain around tax reform, d. C. Drama and more. One stock that is helping the indexes today we will be getting to in a moment. This seems to be a continuation of the trump trade. Here is this stock, General Electric is up nearly 0. 9 . This is after the Industrial Company announced they are cutting 12,000 jobs within their power unit. That is the biggest unit within their business, about 30 of the business. It is also the most troubled unit. The fact that they are flushing out the plan they gave back on november 13 to cut 1 billion in cost by cutting these jobs, investors seem to be cheering it to some degree thinking it is a solid first step in the turnaround plan. Shares on the year down more for theiron peak worst year since 2008. The industrial sector is the top on the day. Ge,
Glad you could join us on this after the bell particularly after yesterday. We got you covered this hour. All the big news moving markets today, what you can expect tomorrow. Lets go straight to Nicole Petallides on the floor of the New York Stock Exchange because, nicole, last night you and i were on together covering what happened at the end of the lou dobbs show. In fact you said the market will start lower, end higher. You were spot on. Thank you, david asman. Youre too kind. I will use ted weisbergs saying, a clock is always right twice a day. In this case, yes, im happy to report that i did get that correct this morning. We opened down 567 points. Just moments ago we were up 600 points on the Dow Jones Industrial average, closing up 568. So this is a much better position here for people who like to see their money going higher in their 401 k s and iras. There is no doubt this was a wailed swing today. It only adds to what weve been seeing over the last several days. We also saw t