Online at cspan. Org. We will take eli back to u. S. Senate with a couple of judicial nomination both coming up and live coverage here on cspan2. P stepped down, creating two vacancies. These has resulted in increased caseloads for the two judges. Things are almost as bad in tennessees Western District. Fortunately help is on the way. In july of last year chip campbell was elected to serve and tommy parker to serve. Im pleased to see that the president nominated such qualified individuals. I thank tom mccain for working with us. Senator corker recommend both positions. Ee lie richardson and mark norris is also nominated. Todays votes are a good start. Chip campbell and tommy parker will be assets to the federal bench. Tennessee is fortunate to have such wellqualified nominees. They are men of good character, good temperament, and today i encourage my colleagues to support their nominations. I thank the president. The presiding officer under the previous order, all postcloture time is c
Were on that story tonight and much more. The president also holding his first Cabinet Meeting today, of 2018. Immigration reform, infrastructure all on tap and the president is also heading to switzerland where the world global elite gather. Weve got the details, and more news on that controversial anti trump file that the fbi got a hold of it is a packed day for your money and politics and weve got you covered welcome to risk reward im elizabeth macdonald. We have a powerful line up to weigh in including the week le standard fred barns, tennessee representative Marsha Blackburn, former u. S. Ambassador to the u. N. John bolton, and georgia representative doug collins he serves on both the house judiciary and the rules committees. All here all tonight. Lets get to your money the dow closing down 16 points, 25, 369 but the blue chip index still less than 700 points on the 26,000 milestone. Now the market dipped to the downside earlier on news that china may be slowing down its u. S. Tr
Also apple day stocks under pressure because of iphone battery and production cuts for the iphone 10 it is down premarket. Look at this. Facebooks stock is well it is nice higher only Media Company that i can remember that urges its users to use it less. [laughter] but its profits and sales are seller up she goes. All right quickly microsoft Strong Financial performance. But maybe not strong enough. It will open lower to the tune of a buck 26. Overall, this market is headed south at the opening bell. Well be off more than 150 points this thursday morning o. All right. Politics today, dominated by the memo. This make the day when we get to see it. I sure hope we find out what fbi was up to before and after a and during election did they really protect hillary and undermine. Another day for politics and your money and thats what we do. Varney company is about to begin. If Congress Sends me a bill before christmas, the irs this is just out. This is breaking news has just confirmed that am
Heres another factor. The all important Big Tech Companies announced their Financial Performance in the next two days. Theres a few nerves here. Any disappointment would upset the whole a the cart. We should also say that the market is due for a setback after 15 month near straight up rally. Well thats money. Now politics. Tonight, the state of the union speech. The as the is cleared his schedule today to prepare hes likely to sell his growth plan and maybe reach out for a bipartisan immigration deal. And heres the news that is truly rocking the world of politics. The memo, spelling out reportedly deep state goings on before and after the election. We may get to see it. The fbi director read it and promptly got rids are of Andrew Mccabe fbi guy at the center of the memo. Money and politics, what a day. Varney company is about to begin. Have we got a big deal to report right off the bat . And it is moving the whole market. Amazon Berkshire Jpmorgan they are teaming up to create a new co
Plus, infamous short seller andrew has a new target. Why he thinks the bitcoin is one of the most dangerous trades in the market apple making it official sending out invites for the big iphone 8 unveiling with the stock up 10 just in the last month, will it be a news event we start off with drugs and money. Health care, the best forming record, now the second biggest sector of the s p 500. Big pharma, and big biotech, check out moves in the names like pfizer, bristolmyers, eli lily, plus gilead continue their run. So is health care where you want to be right now . Which is the better bet . Big pharma or big biotech . I got myself in trouble last time no, no, i permit you to answer the question open its a is it a plug . Yes i think we sell. Biotech over regular tech. Its proven to be right at least for 24 hours but weve got to whittle it down ill play the whittle it down game with you. At this point in the cycle, i would go big cap pharma. Not to suggest that biotech is done by any stre