Percent. Nasdaq down 53. Major Market Indices falling better than 1 yesterday, the selloff coming after surprise decline in Manufacturing Activity after the World Trade Organization cut global trade forecast for the year, we told you about that yesterday, joining us hodges capital manager, craig hodge. What did you make of manufacturing data and what do you think that tells us about the economy and the markets. Its obviously not positive, we put all the manufacturing, its only ahird of the economy, we are a service economy, consumer is over 70 , one data p, as we go, the consumer what youre talking about the jobs and payroll, that would be more important as we go along. Maria look at the reaction, we have been talking about manufacturing weakening for a little while, dagen, but the market was sizable decline on this news. Dagen because this index contracted in august and expect today rebound above 50 plus and came much worse than expected, worse than literally every estimate that was o
Our team is following it all. George new overnight. Former President Trump makes bond, coming up with 175 million in his civil fraud case. Plus how the judge in his hush money case is responding to trumps repeated attacks on his daughter. And as he seeks the white house again, trump repeat false claims about the 2020 election during new interviews. Michael the fbis gate rammed. The investigation after this car plowed into the barrier. Authorities searching for a motive. George abortion rights fight. Florida Supreme Court clears the way for one of the strictest abortion bans in the country. The impact in the south. And now whats on the ballot for voters in november . Michael cliff hanger. Dont let go, man. Dont let go, okay . Michael how helicopter teams hoisted this hiker to safety, and why Officials Say these rescues happen more often than you might think. George dream vacation turned nightmare for some cruise passengers left behind in africa. We hear from one of the couples. This is
The way. Liz you are watching history in the making today. The house passing the republican tax cuts. It is the biggest overhaul of the u. S. Tax code in three decades. The vote, 227203. Now a lastminute snafu, that means the house may have to vote on it again tomorrow. Well explain. The dow closing down 37 points, still less than 300 points away from 25,000. Stocks have rocketed up by about 6 trillion since the president was elected. And the senate will likely vote on the tax cuts tonight. The Vice President mike pence will preside over that vote. The president could sign it as early as tomorrow. Weve got the breaking news on this vote throughout the hour. Now protesters have already hit the senate chamber. Well bring you updates on that. Plus new and curious historic parallels with the reagan tax reform of 1986. Thats coming up. Were monitoring this breaking news story. The fbis number two guy, Andrew Mccabe, facing a grilling behind closed doors on capitol hill over antitrump fbi te
And russians are close, we are still the best at this. Offense, ato go on whole bunch of countries would have some significant problems. See theont want to internet weaponize in that way. That requires, i think, some tough negotiations. We would like to see if we and the chinese are able to foresce around a process negotiations, that i think we can bring a lot of other countries along. And we will work with you on that. Thank you. President obama thank you. Thank you for being here. It is also good to be reminded occasionally of some of the progress we have made. Thank you for that. When to be a is good, even the iran deal, Health Care Setting up, all good. The place we havent made a lot of progress, but is really important for businesses, is on tax and tax reform. What we are getting to now is a think the most like kind of being backed in a corner. We are starting to talk about some deals. And the sub deals are destructive in this roundtables view to the total tax reform. Can you help
Closed up some 8 . And then the tenyear yield still below 17. Six more weeks of winter but a Second Chance for the markets this year. Investors looking to kick off february in the green after closing out of january. Represented the worst month in a year. Lower oil prices pushing exxon mobils Fourth Quarter down, 21 . But thats still better than wall street thought it might have been. And a controversial call on super bowl xlix rivalled by some controversial calls by advertisers. For two ceos, it gets personal. But first up hoping to get their mojo back up. They posted their biggest monthly losses in a year. Blue chips down about 37. Nasdaq down about 21. January was good for socalled safe havens. Treasuries, their best monthly performance since 2011. Gold an 8 gain. Interesting month. Things like netflix, merck, unh still working, jim. Yeah, it was one of those market where is the domestic stocks did well. A smattering of high growth did well. A couple of big caps. But in the end, it w