Thursdays heady selling. The dow can lost 600 to points thursday, a modest bounceback in the early going today. Dows up 50, nasdaq up about 60. There was one huge winner or thursday, winner for some time now, and thats nvidia. No serious pullback this morning, in fact, its up again, another 9 higher, expect 932 . If 92 . Interest rates, not that much change. The yield on the 10year just below 4. 5 . The yield on the 32year treasury is just below 5, 4. 96. Bitcoin, we have that placed at, lets see now, 67,4 right now. And gold, 2335 at last no, 2363 we have it now. Oil, 76 a barrel. Regular gas averages 3. 60 a gallon, thats down one cent. Diesel, 3. 89, down one cent. Politics. Confusion at the president s press conference. He wasnt sure what question hed been asked. He took only two prearrangeed questions. A well known pollster, nate silver, says bide, quote, needs to consider stepping aside if hes still struggling in august. There is a growing color race of democratchorus of democrat
The how john conyers is responding to claims that he used taxpayer money to settle a complaint overSexual Misconduct. Internal revenue scandal. New fallout after the irs targeted members of the tea party. Why lois lerner doesnt want you to see her testimony. David even though it affects us . Right. David that we can all agree on, a great news day for you if you have any stocks at all, or 401 k in stocks, youre making money today. The dow ending the day with 60th record close under President Trump. Nicole petallides on floor of new york stock exchange. Some of this enthusiasm scares people. Boy, oh, boy, seems like there is no top to this market. Thats right. You cant stop it. For the most part weve seen gain after gains, thousands of points since the election in november. Today we move up 160 points. We have a record alltime high, for the Dow Jones Industrial average and also the others as we noted. Nasdaq, s p and russell. There was a lot of obviously, we came in with a positive stone
The year, will we hit 24,000 on the dow by christmas . The dow up 41 points at this hour. By the way, more bad p. R. For uber, the new ceo knew about that massive data hack for months before disclosing it. So plenty to go at. If youre at home enjoying that postturkey glow, settle in and buckle up for the next three hours. Varney company is about to begin. Ashley its hard to believe, but black friday may no longer be the hottest shopping day of the year. A new study shows only 35 of consumers plan to do their Holiday Shopping today. Amazingly, thats down 24 from just 2015. Interesting. Lets go to jeff flock. Hes live on chicagos Michigan Avenue. Jeff, i know its a little early, and i was going to say a lot of people out there . I dont see anyone behind you. [laughter] reporter you know, i always look to challenge these surveys because i sometimes think they dont make sense. Well, ive got to tell you, if you look at the magnificent mile right now, ashley, there are not throngs out here,
Discuss. And later, Siobhan Hughes on the Senate Tax Bill and potential changes to the legislation. Host good morning, it is wednesday, november 29, 2017. The federal government is 10 days away from a shutdown, and the past for a spending bill is less certain than it was 24 hours ago. Congressional democrats skip the meeting set with President Trump and other members, and now with the december 8 deadline moving closer. President ats and the have said they will both play each other if the government shuts down. Who do you think will shoulder the blame in the event of a shutdown . Give us a call, democrats, 202 7488000. Republicans, 202 7488001. Independents, 202 7488002. And if you are on social media, you can catch up with us on twitter and facebook as well. A very good wednesday morning to you. We are asking your reaction today after what happened yesterday when it comes to this looming budget battle. Here is one of the headlines from todays Washington Post. To start a tense months of
I think its probably not likely, but i think Congress Also is not likely to get work done by december 8th either. So i think what youll see is bipartisan socalled continuing resolution, which continues to Fund Everything at the current levels. But what we really need is a larger deal that will fund the government for all of next year. And frankly the framework of one that could last a couple of years so that honestly there could be a pretty orderly process of appropriating coming to agreements. That has to be by bipartisan. There is no way one can impose their will on the others. And you leave it to both parties. They actually Work Together quite well. Can you explain how much the tax reform debate is overhanging this budget debate . How much one influences the other . Really not. Moving on different tracks. Maybe one of the things that may complicates things, the tax bill is bipartisan exercise. Republicans have a program. Trying to do it largely without democratic votes. So thats tha