I dont know of if you saw this but he gives President Trumps Overall Health an excellent grade in a crazy News Conference reporters just didnt seem satisfied so he answered questions, a lot of questions. We have a member of the trump team here to react to that. Its an allstar 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 weve got you covered on all fronts. Im 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 steam. We will have a
Sara isen. Great to have you here. Its been a tight setup this morning. Thanks for the team getting us on air just about in time. Lets check in on the markets. This time yesterday we were looking at a 250point 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 lets look at bitcoin. Today its down again. Its 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 threeyear lows. The euro level right now is 1. 22 the u. S. Yen, 110. 73 the p
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. Well take a deeper dive into the numbers in a few moment. Thank you. Welcome, im 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. Powells 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 18year high melissa. The dow back on the upswing after yesterdays selloff. Bob is at the New York Stock Exchange tracking the action so bob, is it back volatility i mean . There are a lot of
It was like five sessions between 25,000 and the zeseventh trading sessio. From january 4th to yesterday is when we saw the 1,000 point move in the dow oil breaking, which is a weird Reason Energy stocks came down as a result just the idea lets hold off for a second nevertheless, with all of that, the s p 500 still remains on pace for its biggest monthly gains since march of 2016. The nasdaq is still on its biggest monthly gain since july of 2016. Look at what happened overnight in asia, you will see the nikkei was down by a third of a percentage point back to this morning sorry, flipflop back to this morning, you are look at double digit gains or triple digit gains once again for the dow. This comes after last night the nikkei down by a third of a percentage point hang seng and shanghai stocks both ended higher bay quarter percentage point in europe, where you see the early trading this morning, you will see at this hour theres a bit of weakness. Dax is down by 0. 2 . Ftse down about
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 oconnell. 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 dont 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 isnt that much money to them. But its 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 whos going to get credit. Right now, ironically a lot of people think it was the previous administration. If im republicans running campaigns ill run that nancy pelosi cli