We are monitoring his comments right now for any news that breaks. We are on this event for you. Meanwhile, got to look at the markets. Kicking off the first trading day of september with new records for the s p 500 and the nasdaq, and the dow is back in positive territory for the year. We shall see if these numbers hold through the rest of the hour. You know, septembers traditionally the worst month of the year for the stock market. But we are going to ask our floor show traders if they expect september 2020 to follow the usual pattern, because nothing about 2020 has been usual, to be clear. And we will get a view from the farm as harvest season is fast approaching. We will talk to one soybean and corn farmer about how he sees the phase one trade deal playing out in the middle of the coronavirus pandemic. Plus, the state of spacs. A giant in the Media Industry is turning to the world of 3d printing to tell us why he is now taking desktop metal public. Less than an hour to the closing
Day where we can see some real progress. Charles what this means for businesses coming up, what this means for businessing coming up. Plus as more may be needed, a man whose devotion to the constitution sparked a uproar on friday. Kentucky congressman Thomas Massie will be one of my favorite guests today. Food network host guy fieri joins us spores forces with other Celebrity Chefs to create a relief fund for restaurant workers across the country. He will join me at the government of the hour. All that and much more on making money. Charles briefly exited bear market territory. The s p, nasdaq however, remain more than 20 off their alltime highs. Not all bear markets, folks, are the same. In fact according to Goldman Sachs there are three types of bear markets. You have got structural, the ones with the most devastating downsize. Theyre caused by financial imbalances. You have cyclical. These correspond with normal slowing economic cycles. Then event driven. Event driven bear markets a
Cheryl record set for the stock averages ahead of the feds announcement and selling up to 4 trillion bond portfolio. Futures point to a mixed bag. Dow only up by six points in the free market. Lauren said trading across the board in europe. Cheryl as you can see on your screen, a mixed bag for a shed. Most of the market up a little bit. Lauren new retail ice age victim and it is best die. Shares cratering over worries that amazon will crash profit. Fbn am starts right now. Train 25 01 a. M. In new york in wednesday from september 20th. Good morning. Im cheryl casone. Lauren good morning, everyone. Im lauren simonetti. Cheryl Mother Nature is not letting puerto rico get any relief. Lauren weather has been terrific this summer. Train to pass. Hurricane maria about to make landfall in puerto rico as a catastrophic category four storm. Maximum sustained winds right now. 155 Miles Per Hour. The most powerful hurricane to directly hit the u. S. Territory and 85 years. Lauren the governor say
All trading higher by fractions. Lauren in asia, stocks mostly lower. Nikkei down half of 1 . Cheryl big move in oil prices overnight. Saudi arabia say it will cut august exports, oil up almost 2 right now. Lauren wow, look at that move. Is Facebook Killing the message. It wants to put ads on the worlds most popular messaging app. Cheryl amazon on pace to break records for amazon prime sales and that day we are going to have the numbers for you. Lauren who were the highest paid Country Music stars, the list coming up. Cheryl 5 01 a. M. Here in new york. Wednesday july 12th, good morning, everybody. Im good day charlotte. Lauren thank you so much for joining us. Im lauren simonetti. Cheryl as we know about the interview breaking this morning. It was a fox es exclusive. Donald trump, jr. Explaining in detail with russian lawyer last night and also released the email chain. Trump explained that rob gold stone set up the meeting suggesting at the time that the russian lawyer was willing to
Lauren new allegations of collusion. Up 54 points. Train to a new report says bluebirds narrowing choices for its next ceo. View the Packard Enterprises on that list. Lauren 5 01 a. M. In new york. Thank you for joining us. I lauren simonetti. Cheryl so much breaking news overnight. People in communist they appeared out of washington. Lauren breaking out of washington on a republican measure. Train to repealing a place in a major portion of obama kerry of obama kerry is fit to get enough votes to pass in the senate. All of this happening last night. Including ted cruz proposal offering one Affordable Care i plan to also sell other insurance plans. Nine republicans voted against the measure late last night. This comes hours after Vice President penn broke a 50 50 tie allowing the president on the health care bill. John mccain returned to washington to pass as crucial a guest only days after he was diagnosed with brain cancer. I voted the motion to proceed to allow the debate to be conti