Strengthening into a category 2 storm. Well hear from the chief hurricane spags from noaa with the very latest on the mega storms coming up. But lets start with various stories that investors are paying close attention to. President trumps comments on the debt ceiling, the future of the fed, tax reform. Eamon javers still there at the white house and Steve Liesman has a look at gary cohms future and ylan mui has been monitoring the opposition thats growing to tax reform eamon, let start with you. I know they will kick you in that room. Whats the story just saw the press conferenced, very international focused press conference you saw the two leaders talking about the dispute between the israelis and palestinians, the dispute between qatar and the rest of the Gulf Community and dispute between north korea an rest of the world. The president expressing some cautious optimism about all of those disputes being resolved at some point in the future but no real specific tangible signs of prog
Obviously. Waiting for yankees, the first pitch is in two hours. Welcome to the closing bell everybody, we have exactly two hours to get through this whole show before that im kelly evans, im a big rally day here all right, all you folks in houston too by the way the dow on track for its first close above 23,000 now ibm, interestingly is helping drive this nice rally today after those stronger than expected earnings that came out that you guys have last night. We will get more on that move coming up in a little bit here its kind of astonishing to see ibm up 10 today clearly after the dell, more dow components American Express is going to report along with ebay, well tell you what to expect as well. And so the breaking news today, microsoft and amazon are now embroiled in a new patent lawsuit. And i guarantee the plaintiff ll surprise you when you hear who it is. Thats coming up but lets get straight to the one stock giving the dow its biggest boost today that would be shares of ibm jum
Yes. A busy earnings day. Also awaiting whole food reports in a major board shakeup. What to do with the grocery stock. Shares fractionally lower now. And you heard, boeing halted flights of its 737 max jets because of engine issues that surfaced over the weekend. Well have breaking details and the stocks suffering as a result of that anournnouncementannounc we begin with the story the whole country is talking about, fallout from president trumps surprise dismissal of fbi director james comey last night. Eamon javers and amy on capitol hill. Eamon, you first. Sanders here at the white house finishing up a briefing within the past hour or so. She made a number of points including that the president is going to meet with the new acting director of the fbi today. The search for a successor is beginning today. She also said that the president s thinking on this began mucherer than we learned when this news officially broke last night. What she said i think its been an erosion of confidence
Stocks selling up 20 . Nicole retailers such as macys, kohls, nordstroms report today. Lauren Boston Celtics in their series against the Washington Wizards. And in their season. Well show you all the highlights. Nicole could rescind learning. 5 01 a. M. In new york. We welcome new fbn am common your first look at morning markets and breaking news. Lauren us who like to say, one more alarm clock. Fbi director james comey said in a letter to colleagues saying in part im not going to spend time on the decision for the way it was executed. I hope you wont either. It is done. I will be fine. Although this elimination deeply. House speaker palmer and reject calls for a special prosecutor. We have three investigations going on. A House Committee which is the appropriate committee to do that i believe. The Senate Intelligence committee and the fbi investigated the expression. Lauren but permanent the white house with more. President trump had considered firing james comey since the day he was
Look it up i know there are people out there that remember that one i think its kind of hilarious that you and i havent heard this song at all its billions and billions of it zblifl better that you dont know this song either. Okay. Well, there may be see what im going to do here. There may be a slow seduction brewing in the media space, discovery, and scripps reportedly are in merger talks again. Could this ignite a wave of deals in that sector meanwhile, in the competition between morken, stanley, and Goldman Sachs. Gets a point today, Strong Revenue numbers out this morning. Something he struggled with yesterday. Well have the details bill akman using twitter for the first time, giving a vote of confidence for chipotle. Plus what he ordered and what he was listening to. And what he was listening to. Youll see stick around for that at least lets start with breaking news for this hour as President Trump is about to host a made in america round table at the white house after hes had lun