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i don t know of if you saw this but he gives president trump s overall health an excellent grade in a crazy news conference reporters just didn t seem satisfied so he answered questions, a lot of questions. we have a member of the trump team here to react to that. it s an all-star guest lineup tonight reacting to all of the above including economist ben stein, the former trump deputy campaign manager david vo ssey, republican south carolina congressman ralph norman and retired lieutenant general tom mcinerney. all here all tonight politics and money we ve got you covered on all fronts. i m connell mcshane good to be with you this morning now the dow did erase those gains it was quite a market day turning negative at the end of the day a possible government shutdown indeed is looming and certainly something some investors might be concerned about. earlier today, the average broke through 26,000 first time we had ever seen that it was up more than 250 points and then lost ....
welcome to power lunch. i m melissa lee. the bulls are in charge firmly today. the index up triple did you get right now, up about a half percent. we are off session highs s&p also hitting 2800 for the first time ever. it s a broad-based rally also hitting record highs. here s what s moving this hour ge is down about 3%, teak a 6 billion hit related to the reinsurance biggs. fellow dow member, unitedhealth going in the opposite direction. the stock is rallies and amazon take a look at that, trading at all-time highs. that is the highest on the street brian? thanks, mel here is what else is happen, a big hedge fund eyeing twitter. greenlight s taken a small position in twitter. it s not helping the stock, though we have called the energizer bunny. now they re getting into the rally, buying ray ovac with specter and we re going to head live to the detroit auto show later this houring to a look at the cool car stuff. roberto pisani is down at the stock exchange. seven ....
sara isen. great to have you here. it s been a tight setup this morning. thanks for the team getting us on air just about in time. let s check in on the markets. this time yesterday we were looking at a 250-point gain in the premarket. indeed we were up around a percent at the hoopen for the dw the dow was up 283 points at one point but ended the day lower. around lunch time we went from up about a percent on the dow to end the day lower. a massive intraday selloff 6.5 billion shares traded. the average is around 5 billion. a big intraday turnaround this morning up 176 markets on the premarket for the dow, 34 for the nasdaq it will be fornt see those gains maintained throughout the course of today let s look at bitcoin. today it s down again. it s around the 10,000 mark once again. sticking with traditional currencies, we have some strength in the dollar today keep in mind that dollar index is still hovering near three-year lows. the euro level right now is 1.22 the ....
and welcome to power lunch. the dow is up above the 25803, holding on to 26,000, up by .9 of a percent and big games in ibm and boeing. more ahead and goldman sachs shares taking a hit on the back of the earning. we ll take a deeper dive into the numbers in a few moment. thank you. welcome, i m tyler mathisen. and here is what else is happening at this hour facebook, google and twitter fold up to capitol hill and are telling congress they are going beyond screening and removing extremist content from their services they are actively fighting against that content and terror. senate banking panel voting again to approve j. powell s nomination for the next fed chairman the vote advances his nomination to the full senate floor and home builder confidence slipping this past month but still hovering near an 18-year high melissa. the dow back on the upswing after yesterday s selloff. bob is at the new york stock exchange tracking the action so bob, is it back volatility ....
and create 20,000 jobs. it expects repatriation tax of $38 million. that mines they are bringing back $350 billion all. american workers clearly benefiting from the new tax cut but president obama still not getting the credit he deserves. liz peak, gina loudon, and ford o connell. president trump not getting any credit. yesterday there was an article in the new york times that the americans are warming up to the new tax laws but they don t give trump the credit. i think they will when they see the actual money and it makes an actual difference in their lives. $1,000 isn t that much money to them. but it s a lot of money to most of americans. when they see it in their paychecks, it will make a big difference. charles: we have seen enough footage of nancy pelosi touting the virtues of $40. i think the big fight going forward is who s going to get credit. right now, ironically a lot of people think it was the previous administration. if i m republicans running campai ....