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jenkins is at a migrant camp across the border in mexico. david spunt is in virginia where undocumented immigrants are expected to be sent very soon, but we start up tonight with white house correspondent peter doocy live on the north lawn. good evening, peter. biko good evening, bret. it has now been six days since president biden said anything about what s going on at the border. members of the administration have been down there gathering facts but officials are trying to get the president s official events more focused on covid-19. president biden: i learned from the recovery act you ve got to be hands on. that was during the visit to a va facility giving a covert shot. no plan right now for a visit to the southern border. a trip for the president as many of you know includes air force one, extensive security, includes all of you of course. a small white house delegation just got back from border patrol and hhs facility for migrants in the first to quit from ....
State anthony blinken. when there are key visits by u.s. officials, such as secretary of treasury janet yellen as well as john kerry, he was out of public view. so, as to what happened, no clear narrative at this point. but, this is a very bold change in the foreign policy force, if you will, for china, erica. yeah, certainly is. mark stewart, appreciate it. good to see you this morning. stock is doing well. dow hit its longest winning streak in six years after it closed higher yesterday. the rally comes as federal reserve kicks off two day meeting. they expect the fed will raise rates once again after pausing in june. christine romans is here, our chief business correspondent. what will happen? probably 25 bases points. the fed has really watched inflation cool but still too high for the fed s 2% target is still at 3%. so we think they re going to do another one here. when you just look at the extent of all these rate hikes it s ....
Markets are worried the fed is going to slow the economy right into a recession. either accidentally or on purpose because that s what s required to get inflation under control. these recession fears are playing out on wall street today, the dow down 620 points about 2% as we speak. earlier today the dow hit its lowest point of the year and is flirting with closing in a bear market for the first time since march, 2020. a bear market is a 20% decline from previous highs. even some optimists are throwing in the towel. goldman sachs today sharply cutting its outlook for the u.s. stock market because of these concerns about the fed and high inflation. one of the worries here is the fed is moving so quickly even though it takes time. it takes months for the full impact of the interest rate hikes to be felt in the economy. bank of america put out this great report summing this up. they said, the fed is hiking at the fastest pace in recent ....
Have a fox news update on facebook watch. it s a minute s long news cast online with unique content that streams live on the facebook watch home page a few minutes from now. once it s over, it s available on demand. neil cavuto, your world next. neil: it s happening again. more violent protests in hong kong as riot police were using tear gas to clubs to disperse crowds upset with china s growing dominance. all of this as the president is trying to jump start trade talks with china. the two go a long way deciding whether the talks succeed or china erupts. welcome. i m neil cavuto, this is your confusing world food. none of this we should stress impacting the markets. the dow hit its highest level ever. the s&p closing out at a record as well believing that cooler heads will prevail, this ....