Things look very different than in years past. It is a Virtual Convention. Speaks come in from across the country. Former first Lady Michelle obama, senator Bernie Sanders will speak there is a republican on the list, speaking at the Democratic Convention former Ohio Governor john kasich. President trump in person will make his way to wisconsin. He will be in oshkosh trying to rally supporters ahead of the Republican National convention which begins virtually next week. The real reason we are here to speak to the voters, trying to get a pulse of the people if you will. You will hear from some of those voters in just a few moments. First our top stories with fox Business Team coverage. Blake burman is at the white house. We start with Lauren Simonetti on the markets. Lauren. Lauren connell, good to see you. The markets are closing the session out mixed. We have a new record close for the nasdaq. Apple shares, where do they end the day . They are within striking that two trillion dollar
Miss the mark. Joining us for the hour, stephanie link from nuvine what do you think is driving the action right now, if the calendar is so devoid of data points so much for a slow day today, right . You had boeing you had over the weekend, china, small stimulus, which i dont think got a lot of press, it should have. And the data was okay. Durable goods can be explained away from boeing for the most part new home sales, up 17 year over year i think thats good. Chicago fed at a twoyear high i think theres enough momentum between now and the end of the year to kind of continue to see green days maybe we tail off a little bit at the end of the year, but i think well continue to see green days into the end of the year were on a nice streak so far. Lets dive into the biggest story of the year, that is boeing our phil lebeau has the latest on that. Hi again, phil hey, carl Dennis Muilenburg was fired after the board met over the weekend. The decision was made sunday night. And this was not h
Agriculture industry and rural economy. Well bring you his speech that will begin in just moments. We have full coverage and analysis from our panel this whole hour. Dan henninger. Liz peek from fiscal times. Gop strategist, ned ryun, town halls guy benson. David we used all our brown any points to get a guests like that. Dow is showing just shy of a record but longer term moves are looking good. Nicole petallides on floor of the new york stock exchange. It is sad, nicole, so go january pose the year of first five days are not bad, right. We had one record after another. Only the Dow Jones Industrial average pulled back ever so slightly at 14 points. Dow, nasdaq, s p, russell, transportation average hit record highs today. As you noted so goes january. Dow and s p up 2 . Nasdaq is up 3. 7 right now. Great start for a few days in. Of course dow 25,000 was a lot of fun. Optimism from the tax overhaul. You can see technology, a group that did so well in 2017 continues to flourish here. In
Talking about the closing bell. Welcome. Im kelly evans and the new york stock exchange. Im bill griffeth. Eight years ago today the s p hit its low point, 666. Discuss that for a while. Diabolical. The market of course has come a long way since then. The s p right now is around 2375. Well look at whats behind the pause going on now. Travel stocks are getting hit as President Trump signed a revised executive order temporarily banning travel into the u. S. From six countries. Snapping its win streak we have the first down day for the hot ipo of last week snap. We have more of whats behind that move today down 8 and 3 4 now. Td ameritrade clients have been selling for eight straight months. Well debate if this is the time to sell as the iphone 8 leaks trickle out. Havent even seen the 7 yet. Well talk about it coming up. Lets start with President Trump. Eamon is at the white house. Reporter this is a buttoned up white house in light of the signing of the executive order. The president si