Mornings with maria will maria coming up exclusive interview with kentucky senator Mitch Mcconnell, mill mcb, mcburman. Joining the conversation jackie, and tom beven and pwc partner mitch roschelle. Good morning. Good morning. According to wall street journal it was huwaei and issues that kept talks to a halt. Im not surprised, their only leverage right now so keep bringing it in because if you couple those things together you cant move forward and the president wants to move forward as quick as he can. Maria the president discussing wide range of issues including progressive party, the four congresswoman, he talked about the squad, he talked about 2020 and the economy. Leaders coming from other countries, prime ministers, president s, kings, queens, dictators, sometimes i hate to say it dictators and they all start off by saying, mr. President , id like to congratulate you on the incredible economy that youve created, the greatest anywhere in the world by far. [cheers and applause] t
Otherwise, catch up with us on social media. At x, its. On facebook, it is face good monday morning. Start calling now. The headline from usa today from overnight. The Supreme Court coruuld p colorado ballot eligibility as soon ide ifantiitikick trump off the ballot. Colorado and maine are two of the satesecisions from the high court, and they are among the many States Holding primaries tuesday, super tuesday. The court heard oral arguments february 8 on Donald Trumps challenge to the colorado Supreme Courts decision that he is ineligible to return to the white house because of his role in the january 6 2021 insurrection act attack at the United States capitol. Thatory on usa today. Asking you your level of trust in the Supreme Court when i cases having to do with elections 2024 or rel back to january 6. It was lastle on wednesday that the Supreme Court decided to take up the question of president ial immunity, a claim former President Donald Trump is making when it comes to one of his
World. Im paula newton. Ahead on cnn newsroom, a budget battle brewing on capitol hill. Congress set to return tuesday. It will face the potential of a Government Shutdown if congress cant reach a deal on spending by the end of the month. A major shakeup in kyiv after more than 18 months of war. President zelenskyy announces plans to replace his Defense Minister. Burning man chaos continues. Thousands still trapped in the Nevada Desert after heavy rain turned the Festival Site into a mud pit. It is back to business this week for the u. S. Senate as its august recess comes to an end. Now washington is set to become a Pressure Cooker in the coming weeks as lawmakers attempt to avoid a Government Shutdown yet again. They only have until october 1st to come to an agreement. A little shall we say that it will not be easy. Members of the u. S. House arent back until next week, in fact. Conservative republican hardliners are already pressuring House Speaker Kevin Mccarthy to stick to strict g
Exodus out of stocks. Note the nasdaq in particular, it is getting clocked right now, down 256 points or about 2 . Look at the vix, or volatility index, it is the vaulting much higher right now by 14. 33 . Just off the highs of the session here, it stands at 20. 14. We need to flag you that the dow has turned negative for the year. Now work with me here, a loss of 286 points or more at the close will do it. Right now we are well beyond that. We are losing about 457 points on the Dow Jones Industrials, falling below 33,000 right now. We stand at 32,972. The bears drawing blood from the broader market. The s p point loss stands at 63. Investors diving for cover as the vote this just the last 19 minutes to table florida congressman matt gaetzs motion to remove the speaker of the house failed 208218. 11 gop members voted with all democrats in voting no on this motion the table it or move it aside. Right now, many just a few minutes in just a few minutes, we are going to get all the details
As another formerly highflying ipo files for bankruptcy and its preparing for its Public Offering and what the recent spate of lackluster ipos means for Silicon Valley and beyond and the bullish call on one housing name supposed lead well posi positioned if theyre here to make his case. Lets s lets start with the markets and dom chu. Its carnage for some more than others and Consumer Discretionary and the Media Telecom names are holding up relatively better which is why the nasdaq is outperforming just marginally higher by 0. 1 and the composite 13,239 and where youre seeing the pressure is the dow drindustrials and s p 5. The s p 500 is down 23 points and 4264. At one point today we were up 12 points on the day. Down roughly 28 at the low and tilting towards at or near the lows of the session right now. So losing some steam in that broader measure of the overall kind of stock market. You want to talk about some of the confusing crosscurrents that are happening right now in the macro k