Ends up control gun sales if washington wont power lunch starts right now welcome back, melissa. Its been a volatile section the dow was done, its not just getting hit by walmart, though thats a big chunk most of the consumers staples space getting taken down today bitcoin breaking through 11,000. Theres a lot of news out on bitcoin. Were going to break it down for you. Rates rising again yields for the twoyear hitting the highest level, and the financial crisis, and by the way, results of the twoyear note auction are moments ago. Guess what normal boring tyler, but this one could certainly by a market mover. Qualcomm raising is price for purchase of nxp. And reports that the super market chain winndixie will file for bankruptcy and plans to close at least 100 stores. General electric reportedly exploring the sale of its gas engine business. I am Michelle Carusocabrera lets get straight to the traden action this morning. Seema has more dow was down as much as 230 points, but we are off
Train 25 01 a. M. In new york. Wednesday, february 21st. Good morning and Cheryl Casone. Ashley lowcarb 1 00 p. M. Could have Ashley Webster in for lauren simonetti. I had a shirt and jeans on when i came in this morning. It is like early spring, early summer. Beautiful. Crazy. Cheryl we had the open of the markets yesterday and of course we went down. And down. A nice little selloff yesterday afternoon. Another day of volatile trading. The dow jones more than 260 points and snapped a six session winning streak for the dow and s p 500. It is just the appetizer or main course of falling stocks. Cofounder flynns Capital Management is here. Jason garcia met, cofounder of hail investing. Good morning. Good morning. Train to another rough day for the markets. The name of the game right now is inflation and what the Federal Reserve will do. We look at the market of clarity do you think . I think elegant clarity as he talked about on this program at the beginning of the year. Inflation and In
Has to amend the covid19 relief part of a spending bill saying 600 to most americans should jump to is through 2,000 cash payment but many members are worried the whole thing could fall apart after weeks of complex negotiations that included the president s treasury secretary Steve Mnuchin. The possibility of amending the stimulus but we begin with Mark Meredith on the president s surprise announcement. Donald trump will be landing in florida for a holiday vacation. He didnt stop for reporters that is made plenty of news the last several hours making it clear congress has to rewrite the massive economic stimulus package within days. What about covid19 age. Reporter before leaving for his holiday vacation donald trump surprised lawmakers, staff in washington when he announced at the white house produced video hes not happy with the 900 billion stimulus bill negotiated by his own treasury secretary. It is called the covid19 relief bill that has nothing to do with covid19. Im asking congr
Covid19 relief part of a spending bill saying instead of 600 to most americans come up that jump to a 2,000 cash payment. Many lawmakers are worried that the whole thing could fall apart after weeks of complex w negotiations that included the president s treasury secretary Steven Mnuchin. With Fox Team Coverage tonight, correspondent david spent with the possibility of amending that stimulus, where that stands, and would begin with correspondent Mark Meredith with the surprise announcement today. Ng within the houroo President Trump will be landing in florida to kick off his holiday vacation. He didnt stop to talk to supporters on his way out of washington, d. C. , but hes made plenty of news the last two hours also making it clear that congress will have to rewrite that stimulus package within days. Kan mr. President , what aboup covert aid . President trump surprise lawmakers, his staff at all of washington when he announced tuesday in the white house produced video that hes not happ
Las vegas shooting, not florida. But the move could either be a signal by this president of more things to come or a move to just do something ahead of meetings this week about the next steps after a long string of mass shootings. Chief White House Correspondent john roberts starts us off from the north lawn with an announcement no one really saw coming. Its been more than 140 days and we have heard nothing from the president. His big event today which we saw over your shoulder was to honor First Responders who risked their lives to save others. The Florida Shooting in the issue of how to keep guns out of the hands of killers front and center. In the wake of the Douglas High School massacre, President Trump reached back to the last mass shooting, las vegas, announcing he was sick of ban on socalled bump stocks that allow the shooter to fire off so many around so quickly. A few moments ago i signed a memorandum directing the attorney general to propose regulations to ban all devices tha