Its back to 32 a share. Down 6. 58. Overall, the markets holding pretty steady as the profit reports roll in. In fact, id say stock prices are real solid and some of the profit reports, thats keeping the market at very high levels. No big pullback at this point. The dow industrials will open up about 40 this morning, s p up 6. By the way, the s p is only 22 points away from the alltime high. Whats that, just one big rally . The nasdaq, look at it go, up a half percentage point premarket. Big deal. Now let me lay out what we have for you. An important speech from Vice President pence on china. He may take a hard line. That could affect the market. And here comes amazon, perhaps the most important Earnings Report of them all. How strong is Consumer Online buying . Very important and we are going to find out today. Of course, we are going to watch apple hit new highs and unless something dramatic happens, we are hardly even going to mention impeachment. Here we go. Varney company is about
Rate of growth is slowing. Now, this hour, im going to ask the president s top economic adviser, larry kudlow, two questions. Are we going into recession in the next 12 months and secondly, what reverses this slowdown . Larry kudlow coming up on this show this hour. Heres the market reaction. Not bad. The dow industrials going to be on the upside to the tune of about 50, 60 points but its early going. You never know how we will close. The s p up about six. Look at the nasdaq, thats going to be up about. 33 . Nice gain. Interest rates virtually unchanged. The yield on the tenyear treasury, 1. 54 . By the way, a rate cut by the fed this month considered a probability. Another cut in december considered a strong possibility. All right. Time to take a look at the latest attack on facebook. Roll tape. What we need is a president with the courage to enforce the antitrust laws. Break them up. And yes, Mark Zuckerberg, im looking at you. Stuart all right. There you have it. Elizabeth warren, n
Welcome to news asia its good to have you with us. On the streets of hong kong has forced its government to sit up and listen the government has been drawn a controversial extradition bill thats bought months of protests in the chinese started 3 chief executive cathy made the announcement today 1st the government will formally with shoulder bill in order to fully allay public concerns the secretary for security will move a motion according to the rules of procedure when the Legislative Council recently. That though doesnt seem to have made much of a difference but prodemocracy activists yes how they reacted. To candy land that confession is still calling to thank you and you too late the damage is done to god and who still believe that he will call it a shooting fish he can use is from god the impulse to pretend and hell find it thats not again to be the sceptical 5 p. Models that we. 3 months ago operate the clear event paradigm a step one of them on which i showed that with the power
Cash is pouring into this country from all over the world. Its pouring into american treasuries, its pouring into our stock market, safety and growth, thats what we are offering, thats what you are getting. Look what its doing. Its pushing Interest Rates all the way down, 2. 03 on the tenyear treasury. By the way, its so bad in europe now that when you lend to the government there, you dont get it all back. You lend them a million, they will keep 3,000. No wonder its coming over here. Then we have facebook. Looks like the stock of the day. Today they introduce libra, a new Digital Currency. They claim it makes sending money around the world as easy as sending a photo. Its a Payment System with a potential base of 2. 5 billion people buying from 90 million businesses. Investors love it. The stock is up four bucks premarket. This is going to be a very big day in politics and money. Stocks are going straight up and moments from now, a visit from Gary Woodland, the brand new u. S. Open cha
Democratic efforts to destroy President Trump more than they support winning back republican support in 2022, end quote. At this surreal headline in todays paper, the party of lincoln and reagan now formally and publicly holds the position that the deadly mob of people trying to overthrow the u. S. Government consisted of, quote, ordinary citizens engaged in legitimate political discourse. In case you missed that. The official position of the rnc now is that legitimate political discourse is what happened on january 6th. A day in which resulted in the deaths of at least five Police Officers and multiple insurrectionists including one who was shot and died while attempting to forcibly breach a barricaded area of the capitol building. According to the rnc, legitimate political discourse now includes publicly chanting a desire to hang the former Vice President mike pence. It also includes bringing a preconstructed gallows along. Ive never seen a gallows in my life, not in america. The rnc