President. His support among independents gone straight up despite the intense opposition of the media and the democrats. More positives. At the president ial town hall, mr. Trump suggested a vaccine is possible by december. Dr. Fauci says january, if everything goes well. That would be a major step towards a fullscale return to work. However, the president also said he could impose fresh tariffs on china. He called that the ultimate punishment. We should point out that there is a new report this morning suggesting china deliberately manipulated the virus for its own advantage. Lets get to the market. It will be opening lower this morning. In part because of the threat of tariffs. Look at the dow, down maybe 200 points. Nasdaq down about 55. S p down about 20. And then theres Warren Buffett. Big news there. He has sold all his Airline Stocks, all of them. He no longer has any money in that industry. However, he did lay out a big positive. He said this economy will come back, quote, not
Experts like to see but for most of the 14 days that has been the case. He did posit in these remarks to reporters we dont want to make the same flu mistake made in some parts of this country more than a century ago where parts were reopening a little early and things got worse and the flu hit all over again, in fact worse than the first go round. Were following that. Following what happens to airline stocks, taking it on the chin as one of the most biggest, prized investors says im out of here. These things dont look promising. Jackie deangelis with latest on the wall street front and how it is all connecting to the main street front. Reporter well talk with roche. Talking about a new Antibody Test approved by the fda to be used in the United States. The ceo of roche said this test is 99. 8 effective. You and i discussed the Antibody Testing how that will help get people back to work. The ceo of roche was on fox business this morning with maria bartiromo. He says there is high likelih
2,255 points. Right now we are down 2,003 points. At 1 00 p. M. , money started fluttering down, the Federal Reserve making a move to support the bond market amid the coronavirus collapse. The s p 500, by the way, had been down 240 points and of course, we had 689 points getting slashed off the nasdaq. Right now the s p is down 219 and as we look at the nasdaq its down 619. Despite the feds move, the s p and nasdaq joined the Dow Jones Industrials in a bear market. This as the 11year bull market is officially about to come to an end. The selloff kicked in pretty much right at the open and five minutes in, triggered once again for the second time this week the Circuit Breakers that halted trading for 15 minutes. Lets show you some metrics here. The oil patch. Take a look at this. It is playing a huge role in this selloff once again. Oil is crashing, folks. We do have it down to 31. 32. Thats a loss of 5 today. Much of this comes after President Trump announced a travel ban on flights fr
One famous wall street name. We will get the very latest from the white house. And the daytona 500 overshadowed by a final lap crash that sent ryan newman to the hospital right there. There goes his car. Also sent denny hamlin to victory lane. The man of the hour himself will join us in moments on his second straight victory in the Great American race. Incredible stuff. Less than an hour now to the closing bell, im Ashley Webster in for liz claman. Lets start the claman countdown. Ashley all right. We have this fox business alert. The jury has just returned from recess during day one of deliberations in the Harvey Weinstein case. The jury made up of seven men, five women. Weinstein is accused by two women of rape and criminal sexual acts. Weinstein also facing two aggravating counts which could keep him in prison for life and of course, we will bring you all the latest developments in this case if the jury returns a verdict. Thats going on right now. Well, as the markets search for dir
We asked you if you plan to shop in a physical store, go to the store today, and were revealing the results as Worldwide Exchange begins right now perfect. Good morning, good afternoon, good evening, welcome from wherever in the world you may be watching it is friday, november 29th. Hope everybody had a wonderful thanksgiving to the rest of you, i hope you had a good thursday. Im Brian Sullivan before we get started into the show, we got a mystery chart for you. That is your chart of the day. Now, this retail stock is the best performing retail stock in the past three months. Past 90 days it is a rather unlikely name well reveal it in todays rbi, random but interesting, thats it keep it here for the answer. The stock markets here close at 1 00 p. M. Eastern time the bond market closes at 2 00 eastern time today how generous of them stock futures, theyre down 50 points on the nose right now, again. This will be a very thin day but with lighter volume can often come bigger pricing swings