parts here today. some are literal. the princess cruise ship is one. they re watching throughout the day as it makes its way to the port of oakland. it is supposed to dock around 3:00 this afternoon. we ll talk about that, oil off the bat with our buddy phil flynn out in chicago, price futures group, senior strategist at cme. we talked about it last week, phil. you and i were going back and forth about russia and saudi arabia. now we have the true price war breaking out that has consequences in places like texas and north dakota. take us through what you re thinking about today? what i m thinking about is we re learning today, not always is a low price for oil good for everything. there is concerns for banks, oil producers, the general overall market. having said that, there is some hope, you know, right now with the talks of stimulus. maybe we can pull off the lows right now. there are old saying in the business low prices cure low prices but this breakup of opec and russi
2nd, fbn:am starts right now. cheryl: we re feeling good welcome to fbn:am good morning i m cheryl casone. lauren: i m lauren simonetti and we have green i m free. cheryl: how your money is moving because it might be time to get back on the bull. dow futures jumping more than 212 points right now. we were up over 500 points overis night despite a second death here in the u.s. from the coronavirus right right now dowp and now 17 nasdaq up 73 and a half right now all three indices trying to recover from worst week from the financial crisis. lauren: there s hope for coordinated central bank action to mitigate financial impact and take a look at this pushing tenure treasury yield down to . % and it did hit a record low of .1.3 earlier. cheryl: worries below 50 this week and look at oil below 50 but we re excuse me still below 50 but gaining about 79 cents right now 4555 on oil interesting here gases prices are down and safety gold play still in play. look at that gold is up 3
monday, january 13. fbn a.m. starts right now. welcome and good morning everyone. i m deidre bolton in for lauren simonetti. we may not need breakfast after all. we will get to that one later on. let s take a look at how your money is moving this morning. could today be the tao the day the tao closes above. as for oil into gold we are holding steady you can see this. investors are pretty optimistic about the u.s. china trade deal. for the moment they are selling safe haven assets. as they prepare to cite in phase one. they are arriving today in this country and in japan. green arrows across the board. the stocks are relatively unchanged. you see them moving a slightly higher. now to a foxbusiness alert. i ran in a police shooting at protesters with tear gas in life emma overnight. president trump is now warning iran the u.s. is watching. rick, germanic developments from iran over the weekend. they finally admit they shut down the passenger plane. people taking to the street
welcome to new york. it s been waiting for you. welcome to new york. welcome to new york. welcome to new york. it s been waiting for you. welcome to new york. welcome to new york. lauren: welcome to fbn: a.m.. what a shot of times square, getting ready for the big ball drop today. thank you for joining us, i m lauren simonetti. cheryl: good morning, i m cheryl casone. lauren: final trading day of the year e investors are looking at what could be the best year in six, even after yesterday s selling, dow up 17, nasdaq up 4 and-a-half, volume expected to be light today. cheryl: asian markets, they have closed the books on 2019. thanks to progress in the u.s.-china trade war, the shanghai index had the best year since 2014. the nikkei, kospi are closed. the shanghai, slightly higher. hang seng under pressure. lauren: in europe we have red on the screen. the ftse is down 1.1%, the german market is closed. cheryl: let s take a look at how the major averages perf
good. varney & company is about to begin. david: let s get right to your money and there is more of it. markets expected to open higher as china cuts tariffs on 850 products. come in, market watcher keith fitz-gerald. will we hit 29k or even 30k before the new year? what do you think? that is not as outrageous as it sounds. we are within striking distance of that. we got to have a good broad session, but the lack of headlines that are going to interfere with that is key. i think we will get there. david: you think of what has happened in the past year and again, a lot of it had to do with the fed, wasn t necessarily because of trade policy, the fed was pushing up rates, that was pushing down the market, but 6,000 points since a year ago, and i think the bottom was actually more than 6,000 points, when you look at it today. what was happening then that s not happening now besides the fed? well, i tell you what, this is a real testimony to the faith and inspiration and in