Can you see. T the Housing Market continues to thrive in the u. S. , Manufacturing Activity is recovering it jumped to a 19month high comparable data out of the eurozone and japan. Familiar names leading us up apple is up 5 market cap just hit 2 trillion earlier in the week. Its more than onetenth of the way to three trillion already. Incredible move for that stock with 59 minutes left in the trading day. S p 500 as we just showed you, up 0. 4 on pace for a record closing high speaking of apple, by the way, we have breaking news this hour on the companys fight with epic games. Josh so apple just responding with a legal filing the two epics charges. They alleged exactly the same things will all of the legal theories apple is saying here will fail as a matter of competition the motion will fail because they need to show the balance of equities and Public Interest are in its favor in fact, the factors favor apple. Apple goes on to say that epic knew full well that in circumventing the pro
S p 500 essentially flat year to date nasdaq up some 19 59 minutes left in the session, sara coming up on this friday afternoon, weve got a series of great gifts for you. Red finns stock was on fire the stock selling to have day on the companys cautious outlook as the ceo says the bottom codrp out on the economy were going to talk to glenn kelman in a few minutes. And then apple once again, the Biggest Public Company in the world, surpassing saudi ramco. Continuing the historic run. The market cap now sitting above 1. 8 trillion. Its up over 8. 25 well talk about what an investor should do with this stock next lets focus in on the big stories that were watching. Mike santoli looking at the market and the tech stocks surging to day kayla is looking over the next stimulus package first to you, mike. The story from the morning was that Great Results from the big four of tech did not really lift all votes did you have weakness. Sold a strong open the market firmed up in the last hour or so
Good morning. Its 9am in singapore, 1am in london, and 8pm in washington dc, where the impeachment inquiry continued to unfold on thursday and President Trump went on the attack. Hes furious about reports that he asked attorney general william barr to hold a press conference clearing him of any wrongdoing in that phone call with ukraines leader, in which mr trump asked for an investigation into his political rivaljoe biden. At the time, military aid to ukraine was on hold. Mr barr refused to hold a news conference. This, as highly anticipated public impeachment hearings are due to begin next week. Vice president mike pence accused the democrats of using the inquiry as a way of overturning the 2016 election result. What is going on in washington, dc today is a disgrace. Behind closed doors, there is a so called impeachment enquiry that i think the American People know is nothing more than a partisan impeachment, the latest effort by democrats to try and overturn the results of the 2016
The Ranking Member and i will be recognized for five minutes during the question and answer sessions. Without objections ordered we will both be recognized for three minutes and they will now yield myself threeminute but once again thank you for being here its been seven years since the chair of the Federal Reserve has appeared before this committee and we are very grateful for your being willing to do that i want to make sure that we support the independence and the repeated attacks are unacceptable and dangerous. I look forward to hearing the testimony and discussing Opportunities Congress and the fed have to support the workers and to foster a healthy sustainable economy that works for all americans and with that i will yield to the Ranking Member. It is an honor to have you before this committee as the chairman of the committee has said its been many years since the researcher man has been here and now we are delighted to have you. I will submit my opening comment for the record so
Good afternoon. This hearing will come to order. I want to thank our witnesses for your service to our country. 13 people lost their lives, 30 people were injured. It underscores what we are dealing with here in terms of a threat environment. This is my ninth annual threat hearing that i have either chaired or participated in. I often say im not the most uplifting character. Those i could say that in nine years, i have seen tremendous progress being made and we have reduced these threats and all is well. Unfortunately, we face the same threats. If anything, the threats are growing. Nine years ago, we were talking about the blind use of drive drones or the use of social media. We face the same threats. They are evolving. Terrorist groups are metastasizing. They are spreading around the world. , it has happened is grown more complex and difficult. You have tremendous responsibilities on your shoulders. Really, i will turn it over to my Ranking Member and we will get to witness testimony.