Registering 5. 8 . 2 1 2 year high. The road map begins with President Trump going to congress in his First Official address to the nation. Asking for billions in military spending along with cuts in other programs. Target tumbles after an earnings miss. The retailer sinking more than 13 in the premarket in what would be its biggest decline since it went public in 1972. Could it be lucky number 13 for the dow . The record run for markets continues. The president will address a joint session of congress tonight. The theme will be the renewal of the american spirit, focusing on Public Safety as well as Economic Issues like job training, health care and tax reform. The president expected to call for an increase in military spending by 54 billion. Large cuts in other programs. Heres what he told fox and friends about where that spending money will come from. I think the money is going to come from a revved up economy. I mean, you look at the numbers were doing, we were probably gdp of a li
Laser focus on washington today as President Trump gears up for his first address to a joint session to congress tonight. What you can expect from the big speech straight ahead. Im melissa lee. The battle for your trades. Fidelity cutting fees. Take a snapshot of that, schwab, etrade, tdameritrade firmly in the red this hour. What every investor wants to see, exclusive of the ceo of target. Courtney reagan is live with Brian Cornell in new york city. Courtney . Hi there, brian. Thank you very much. Thats right, target just wrapped up its 2017 financial meeting. Im here with ceo Brian Cornell thank you so much for joining us. Your stock price is down 13 . Worst day in 18 years. Do you have a confidence problem with wall street . Courtney, were really confident about the direction were setting. Today was about taking our shareholders through the new direction of the company. The investments were going to make, both from an operating margin standpoint but importantly from a capital standp
Yields are higher as well today. There you see the twoyear note at its highest level since january 14th. But we begin with a bombshell of a story in the energy world. Former Chesapeake Energy ceo Aubrey Mcclendon charged by the Justice Department with conspireing to rig bids. Chesapeake putting out a statement saying it has been actively cooperating in the investigation, end quote, and does not expect to face criminal prosecution or fines related to the matter. Mcclendon responding on his own behalf saying, quote, the charge that has been filed against me today is wrong and unprecedented. But mcclendon left chesapeake three years ago and is one of the owners of the Oklahoma City thunder basketball team. Joining us, the reuters reporter who is part of a team that first broke the story, hes been working on it for a number of years and joins us now. Josh, thank you very much for joining us. Get to heart of the matter and what i find most interesting peculiar about this, that generally in