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Years. And lots to come on the show. Two big ceo interviews on the back of earnings in a few minutes well speck to the owner of Outback Steakhouse blooking brands and later the ceo of boston beer will join us that stock surging after the truly hard seltzer brand helped boost sales. Looking forward to both of those interviews were down. 6 lets get to the big stories were watching meg tirell has more on the signing. And mike san totoli is joining s meg, let aers start with youen that executive order news. Hi. Drug pricing hasnt been in the conversation as much this year as the drug industry has been racing to develop vaccines and drugs for covid19 but the president reportedly planning to sign an executive order with a few different aspects on drug price this is afternoon. One could be allowing importation of drugs from canada where theyre price moored cheaply. Another could focus on tying prices to basket of prices from other we ....
Earnings. Michael kors go shopping. The retailer will acquire jimmy choo for 1. 2 billion. Big deal in retail. A mixed opening for broader average. Dow industrial opened a 20point. Nasdaq in negative territory. Take a look in germany. Investors eyeing a report on Business Sentiment that hit a record high. One half of 1 . In asia overnight, artist and the flatline as you see there very much fractional move. Korea was the big mover down one half of 1 . Justin bieber says sorry to his fans. While the singer can serve the remaining dates on his tour. Journey to talk about it, fox business upper dagen mcdowell, Jon Hilsenrath of real killer Politics National political reporter, Caitlin Harry burns is here. Great to see you. Dagen amnesty appeared maria amnesty appe ....
Financials hitting its high of nine years, bank of mek, citi, goldman, morgan stanley. Up a full percentage point qqq. And this rally is reaching all corners of the market with more than a fifth of the entire s p 500 hitting new 52week highs. Brian . Melissa, thank you very much. Im Brian Sullivan down in washington, d. C. What a day to be here. The good feeling after the speech certainly has investors feeling good. But speech aside, is the gop more likely to really get what they want . What are the democrats likely to give up to help the gop get to their goals . All that stuff from here. Great guests lined up from the Russell Senate building rotunda here in washington, d. C. Ill send it back to michelle. Actually, ill pick it up from there. Tyler. Welcome, everybody, im tyler mathisen. What a day we are witnessing. Record move for stocks, president s comments before a joint ....
Melissa back to the markets. The dow ending the day down more than 50 points. It had been down nearly double that. Todays big drag, nike, proctor gamble, apple as well. Trader Scott Shellady at the cme, watching oil and gold fall. Lori rothman is on the floor of the new york stock exchange. Lori you have your eyes on two consumer stocks with doubledigit losses today. Reporter no surprise on hershey. They were doing a flirtation with mondelese, maker of cadbury eggs. Mondelez said no deal there. 125 per share. They could really not come to terms on proper valuation. So you see hersheys stock really getting slammed, interesting down below 100 a share with a 10 and 3 4 decline today. D and w, Discount Shoe retailer after disappointing earnings. Dsw disappointing numbers, down by a third. That has got to hurt. Apple is the surprise story of the day, slapped with a back tax bill of ....
Its numbers were not necessarily going to be up to snuff. It said it would be doing some reorganizing. Out withit is coming the actual numbers, they are ahead of estimates. 217 is what analysts had been anticipating. In the fourth quarter. The estimate was for a gain of 2. 5 . Heres what seems to have gone on at macys. During the Holiday Season, the retailer was stronger than many of its competitors at time when most retailers were struggling. Because of the still struggling consumer and because of the weather. That weather affecting in january. Macys appears to have had a stronger Holiday Season but the fact that those same store sales are missing estimates is likely because of the weaker january. I january that most retailers had. That weather affect really hitting many of these companies. If its snowing outside and the roads are bad, people were simply staying home. How is ....