Aside the white house momentum. What we can expect when attorney general Jeff Sessions taking hot seat. A wellknown new york play is under fire. Why bigname advertisers are cutting ties. Among our guests this hour, byron york, Dan Henninger, ralph nader. David ralph fade e nader, havent seen him for a while. The dow sinking into the close after hitting a record high on friday. Take a look at the tech heavy nasdaq. The months long rally has stalled. The index closing down nearly 1 , this after dropping 97 points on friday. We have you covered with Nicole Petallides at new york stock exchange. But first to Lauren Simonetti at the nasdaq. Lauren, what is driving tech lower . Reporter because its a crowded space and it is really highpriced at this point but maybe not so, david, with the capacity two days of incense selling for nasdaq. 1. 8 drop on friday and modest half a percent drop today for the nasdaq. It is still up this year by about 15 . This still has been a successful trade but we
Average in the park. New york city plague uses a President Trump lookalike for the role of the assassinated Julius Caesar. The fallout as delta and bank of america will hold their sponsorship. Uber under fire. The board of directors to unveil a massive shakeup followed an investigation into Sexual Harassment scandal. Sever part of a Ceo Travis Kalanick could take a leave of absence while another executive could be out of a job. Details ahead. Future showing the start of a week. The dow closed at a record high on friday. The nasdaq stocks, facebook, amazon, netflix and google were in the dumps on friday. We will dig into that later this hour. Europe stocks lower across the board. France and germany to and germany to take a slower speed the cac courant. Markets were all in the red as well. A one and a quarter loss on the hang seng. You see right across your screen to start this week. A massive heat wave strike in the u. S. Recordbreaking temperatures from omaha to new york city. What you
Treat the selloff as a buying opportunity or is this a signal that the whole market is due for a drop and big tech was just the start . We will watch this unfold. Now, here is a dilemma for democrats. Is it time to rein in the extreme and now obscene criticism of President Trump . Outrageous examples of both this weekend. At taxpayer expense, shakespeare in the park, showed a trump look alike being stabbed to death. Two pulled back and one did not. And gillibrant used an fbomb as she described the poles. And so welcome to the show. Are you buying the dip or the increasingly vicious attacks on our president . Varney company is about to begin. I can see people selling at those very high prices on the fabulous five and rolling some money into lower technology companies, which havent yet had the pop. Well, that was me on friday, suggesting that maybe the big name tech stocks would be big selling point, as people moved their money into other stocks. That did happen. Big tech names, they too
Work. I have been dragged down in the where we met with the oecd and wto both and the message was similar to wilburs. Deficits do matter and are they coming down . I know they are. Mr. President , thank you for the opportunity to serve in sb a. I can tell you i have not been traveling internationally. What i continue to hear optimism for Small Businesses higher than it has been in 16 years. People returning to the workforce, a lot of them are because Small Businesses are creating new jobs. Portfolios are up. Machine toring and our outreach with score and other programs are so successful. Were on a good trajectory, and still a lot of work to do. Thank you. On behalf of the entire senior staff around you, mr. President , we thank you for the opportunity and blessing you have given us to serve your agenda and the American People. Well continue to work very hard every day to accomplish those goals. Honor to serve the cia director. Incredible to lead and men and women to lead the National S
Tomorrow at 2 30 p. M. Eastern time right before the show, fox business will bring it to you live, as the economy is emerging as a bright spot for President Trump. Unemployment hitting 16 year low, Economic Growth in coming year is expected to hit 2. 3 . Bigger than one. 6 of last year 1. 6 of last year. President signing most bills into law of any president in last 70s years. From little to big items, more than a dozen measures rolling back obama era regulations. And president , announcing in two weeks time he will have a new plan on fighting terror including isis. Senate democrats just want their hearing with attorney general jeff session tomorrow. You heard a sad trombone noise. Rnc chair saying there is lack of evidence. I dont think that should continue. We need to figure out what russia did with regards to the election, the president has said that but do not have a single senator saying there has been definitive evidence. We have former House Speaker Newt Gingrich calling for con