Standing by to tell us what marks could fall by the close today. And were looking at day number seven of the Government Shutdown as President Trump threatens to close the entire southern border if his demands arent met. But forget negotiations in public. Theres no negotiations going on at all. Hillary vaughn has the latest from the white house. And its all systems go in the new year, and the race for space. Well talk to one Business Executive who thinks the final frontier is worth the risk of your investment dollars. The space angel ceo is here in a fox business exclusive. Plus netflixs selfscripted stream. Is this the end of sears . We are less than an hour to the closing bell. Im Kristina Partsinevelos filling in for liz claman. I heard shes skiing right now. Lets start the countdown. Kristina all right. We have breaking news. These are live pictures right now, youre looking at the santa claus county Sheriffs Department in modesto, california, where they are set to hold a press confe
Gerri willis is watching these volatile markets from the new york stock exchange. Phil flynn covering oil from the cme. And Hillary Vaughn is standing by at the white house as the budget battle continues there. First lets head on over to gerri. Hi, gerri. Let me tell you what a week a lot of long faces around here. People are tired. It has been so volatile. 850 point intraday move on the dow yesterday. It has tuckered out traders. Many of them going on vacation. What youre see something low volume here as some of the guests are saying. The dow closing down6 points. We thought it might end positive for third day in a row 76 points. S p 500 down but marginally so. The nasdaq pretty much flatlined as well. The markets for this year down for the week, higher, they would like to see more of that down here as well. Market this is year with only one day left of trading, all three major averages negative for the year. As i said, as youre seeing right here. Dow winners this week, big consumer s
Melissa francis. Blake what a last couple hours weve had. Blake burman for Connell Mcshane this is after the bell. The s p 500 also finishing in the green. Got you covered from wall street to washington. Gerri willis on floor of new york stock exchange. Phil flynn at the cme and well talk with Kevin Hassett about todays market volatility. Well talk to gerri first on the floor. What a day. Late this afternoon, someone told me, gerri if we finish down 100 points on the dow, that would be a hugely successful day. Look what happened, up 256 points on the dow. Amazing turn around from down 611. S p 500 is in positive territory as well. Nearly a full percentage point. Nasdaq ending positive as well. This is not what the markets expected today. A major turn around. Good news, especially standing back, consider the previous trading session was up 1000 points on the dow. So, weve got the dow for the month still down pretty dramatically, about 12 . So, want to see some more turn around in these
Hillary vaughn is standing by at the white house to tell us if a breakthrough is anywhere in sight. And more details on President Trumps surprise visit to iraq. Plus this. A frightening new report says the American Economy could soon feel the real impact of the Trump Trade War with china. Ambassador terry miller here to tell us what else the president should be doing to force beijing to change its ways. Plus, Silicon Valley versus the bears. The retail renaissance and Warren Buffetts spin on the ugly christmas sweater praise. We are less than an hour to the closing bell. Im Lauren Simonetti in for liz claman. Lets start the countdown. Lauren lets get you some breaking news. Elon musk just tweeting out he will be increasing tesla super chargers within cities and will be working with landlords to add Home Charging stations to apartment buildings. This is moving the stock. Tesla is jumping 6. 5 today on this news, and dan ives call saying he sees very Strong Demand for the model 3 in 2019
Do in for connell mcshane. Do we have any reason for the catalyst. I have a producer talking in my ear. Im assuming youre talking to me. But yes, were seeing a 1600 point swing from monday. I was here when it was down 353 points literally today. The traders are way more excited today. There seems to be more, i just hit him, there is a mood. What are we seeing in the markets . Seeing technology on the you swing. Consumer discretionary. Microsoft being up there. Microsoft being up there. Amazon, retail sales moving markets. When you saw strength in consumer confidence. Fact retile is up 5. 1 . Amazon not giving us numbers but tens of millions of new people joining prime. An interesting story with verizon and at t. Sorry, verizon and disney. All the media companies. Verizon and disney. What verizon has done, sent all of their Co Subscribers a letter today. Even one of our producers received it. It warned people they may not have access to disneyowned channels. Think espn. Want to watch th