York have been discharged. Meantime, italy seeing its lowest number of deaths in more than two weeks and that is helping the market this morning. A strong rally in store as investors begin this holiday shortened week with some optimism. As you can see, the futures up, the dow up 788 points, the nasdaq and s p all well above 3 . It is a different story, though, for oil. Even with hopes of a deal between the russians and saudis, we still have a glut of oil because, well, no one is using it. Oil down, as you can see, down nearly 5 at 26. 94. Meanwhile, questions begin over whether to reopen the economy, when exactly. That will be a political decision as well as a medical one. And President Trump warming to the idea of a second task force whose job would be reopening the economy. All of this while the need and scope of a fourth stimulus package is also being discussed. Hello, everyone. Im Ashley Webster in today for stuart. We begin with your money. Joining us now, economist john lonski. J
34 days out now until the Iowa Caucuses who will emerge from a crowded group of candidates . A lot of people asking that. Were also of course following the developing news out of baghdad. Hundreds of protesters storming the u. S. Embassy there and they are protesting recent air strike against an iranbacked malitia were following that story. Were also expecting more protests out of hang kong, they are now just two hours away from ringing in the new year, and mass demonstrations are planned as well. Well take you there. Im Ashley Webster in today for stuart, Varney Company about to begin. Ashley and on this last day of 2019 why not start with breaking Economic News for you right now, were getting the latest numbers on home prices. Especially when its positive right to end this decade this year, so were up monthovermonth 1 for the year for the last year were up over 2 and weve been talking all year long about slow down taking places in housing especially with existing home sales which rep
Hour. President trump in texas at this hour, looking at that apple facility. Impeachment hearings up on capitol hill. The president out of town, taking a tour of a apple manufacturing plant in austin, texas, with tim cook. Now back in washington, one of the more highly anticipated witnesses testifying before lawmakers just wrapped up. We have all breaking headlines from the Lone Star State to the nations capitol. The Vice President taking a road trip through the swing state economy, visiting first of states with after the bell there a few weeks ago. Democratic hopefuls taking the stage for a debate in atlanta. More on the race for the white house. You might want to be careful what you say on the next uber ride. Melissa uhoh. Connell a new safety move sparking a fair bit of controversy. Melissa i have to hear about that. Percent fox Business Team coverage. Jackie deangelis on the floor of the new york stock exchange. Susan li is with the president in texas. Edward lawrence is in washing
86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We are on that all morning long. And we have a lot to go at this morning, including Mark Zuckerberg meeting with some big name conservatives, walmart delivering groceries right to your fridge. That and so much more. Varney company starts right now. Charles hey, go happy birthday to you ashley go, baby, go. Charles stevie wonder, folks. Classic happy birthday in honor of fox business. Its our twelfth anniversary. The Network Launched 12 years ago today. Golly, time flies. We are of course thankful
E. J. good morning, everyone. Thank you for coming. Thank you to those who are joining us online. The hashtag for this event for those who want to quot the very distinguished panel or make any comment is impeachment101. I want to thank john allen for those remarks. I think it would show the seriousness of the think tank if john allens remarks alone could make federalist 65 go viral. Perhaps we can publish federalist cyst i5 as a brookings policy brief and turn Alexander Hamilton into a temporary senior fellow but think you so much. We have become almost accustomed to impeachment but this doesnt make it any less serious or complicated. It involves constitutional issues related to accusations of abuse of power and that loaded but illdefined phrase high crimes and misdemeanors our panel will try to define those for us or talk about how they have been defined at different moments in our history. It is also inevitably political in the high sense of that word and there is a high sense of the