About how trading does and should work. Stocks were significantly up today after the biggest selloff in three months wednesday. The dow surging 300. S p 500 up 37. Nasdaq gained 67. Lets find out what this means for you and your money. The story of gamestop is a story about Institutional Investors versus a lot of little guys all making similar trades. Kristina partsinevelos of fox business joins us from new york. Good evening. Good evening. Its a rebellion between the Retail Investors and wall street. Its got a lot of people worried. Congress, sec, treasury secretary janet yellen. They are going to be monitoring the stock swings as well as trade restrictions. You have Companies Like gamestop that are used as a weapon. You have large, big hedge funds that noticed things werent going so well with gamestop. People werent going to stores to buy a lot of these video games so the big hedge funds shorted the stock. They bet the stocks would fall. Smaller retail guys banded together in online
Brief so a lot more to come on that front. Also on capitol hill, democrats are moving ready to move ahead with the 1. 9 Trillion Covid Relief Package with or without republicans. President biden sat down with a group of republican senators last night for two hours to break the ice it appears on a potential bipartisan agreement. You see video from the Photo Opportunity in the oval office right there. But both sides level the room saying there wasnt a deal and no clear path really to what happens next. At the very same time, President Biden is pushing ahead today with more Executive Orders focusing this afternoon on reversing some trump era Immigration Policies. Well have more on that In A Momentch but let us start with the Impeachment Trial and donald trump and the breaking news coming from capitol hill. Manu raju has been combing through this brief, coming from the house Impeachment Managers and joining us right now. Manu, what is the case that theyre laying out against donald trump .
Hur and also a letter to Merrick Garland . Objection. And with that, mr. Chairman, i see my time has expired and i yield back gentlelady yields back the chair is recognized. Mr. Her, why do you do it . Why did joe biden your words willfully retained and disclosed, classified materials . I mean, he knew the law in an office like 50 years five decades in the United States senate, chairman of the Senate Foreign relations committee, eight years as Vice President , he got briefed every day as Vice President. Hes been in the situation room. In fact, you know, he knew the rules because you said so on page 226 President Biden was deeply familiar with the measures taken to safeguard Classified Documents and joe biden told us he knew the rules mr. Armstrong said this earlier. Joe biden was deeply familiar with it. Youre exactly right because he told us when jack smith goes after President Trump, joe biden says, how could this happen . What data was in those documents that could compromise source
Welcome back to the weekend. We start the hour with possibilities for donald trump. Just hours after posting a 91 million bond that does allow the defamation of e. Jean carroll. He may have defamed e. Jean carroll again. Too listen to what he just said said. I just posted a 91 million on a fake story, totally made up story. Think of it. none million. I could say things about what it would cost normally. 91 million. Based on accusations made about me about a woman, i didnt know. I knew nothing of her. She wrote a book. And when i denied it, i said, its so crazy, its false. I got sued for defamation. It is remarkable. Lisa ruben is here. It is remarkable because donald trump is donald trump. I want to start with this 91 million, which i think is pretty interesting. Andrew weisman, or friend noted in a tweet. 90 million down, 400 million to go, and the public has no idea who may have put up the money or provided a guarantee to support the bond. But one thing is sure. Trump is beholden to
Its time to wake up because shingles could wake up in, you solomon in new york cnn coming out swinging President Biden, hammering donald trump on the Campaign Trail while his republican rival returns the favor with insults as the race heats up following last weeks state of the Union Address. Meantime, the rebuttal to that speech leading to controversy of its own. Senator katie britt wanted to focus on which she describes as President Bidens failures, but now the spotlight is on one of her own mistakes we have more fallout from britts response as she denies misleading the country with a story she told in her speech and out of the public eye, but very much on their minds, people in britain and really the whole world want to know what is going on with the princess of wales as an edited photo only fuels concerns about her health were following these major developing stories and many more all coming in right here to Cnn News Central were going to be hearing from President Biden soon from th