House is set to vote on 1. 2 trillion usmca deal any minute now. One day after their historic vote to impeach President Trump. Connell Fox Team Coverage on all of this. Gerri willis on floor of the new york stock exchange. Chad pergram covering all things capitol hill including that vote. Kristina partsinevelos in newsroom. Edward lawrence is in the white house. Chad, start with you, we talked about impeachment and usmca is a big deal this hour as well. Absolutely. We think the vote starts in ten minutes on the house floor. Theyre about to vote on salt, democratic provision to get rid of the element in the tax law from couple years ago that prohibited the deductions on state and local taxes here. This was a big issue in hightaxed states like new york and new jersey. That is a place where a lot of republicans didnt fare too well in the house races. That vote is up first in the house of representatives. That should start imminently. If you hear bells ringing behind me here, that is the v
Melissa we havema r blake burman at white house. Edward lawrence at capitol and gerri willis at the floor of the new york stock exchange. What powered this index higher . Why did all indexes finish record territory today . It had a lot to do with trade, positive sentiment on that. Also trump comments and president s comments from the white house on health care. You would have thought more transpare criminal was bad for stocks. Traders said not so. J j trading higher, unitedhealth group, pfizer doing well. Unitedhealth group up 5. 3 . Very good news for the stock. For the week it was boeing, walgreens and disney higher. Disney as you know, saying they have 10 million subscribers for their new disney plus service. Walgreens, weve got lots of folks interested in taking that company private. Now kkr offering to do it. Boeing saying theyre getting the max back into service. So big news there for the dow. I love wearing this hat. Hopefully we can stay above the level. Right, ladies . Neil ge
Phil flynn has his eye on oil and gold at cme. Hillary vaughn is live in dallas today at a google roundtable event. Gerri to you first on the rollercoaster session. Reporter wow, wow. You said it at one point during the day we dropped 336 point on the dow the within that hour we turned green. Maybe expectation after rate cut, maybe two by the end of the year. Traders like that idea even though the Services Sector appeared anemic here. Dow, one week. We were down 840 points combined tuesday an wednesday. Now we are in the green today. But on the week, the dow is down more than 2 . S p down more than 2 . Nasdaq down 1 . We have got a ways to go to see our way through this thicket. Dow laggards this week, 3m, one of the industrials stocks getting killed bit manufacturing report earlier in the week. Price target cut by barclays and credit suisse. Bad news for 3m. Theyre down 5. 63 . Caterpillar same story. Industrial stock getting hammered by this bat news on manufacturing. Goldman sachs,
The president meeting right now with congressional leaders at the white house amid on going crisis in syria. Well bring you any headlines from the president this hour. We mentioned we are waiting for netflix now. Wee bring in our panel, gary b. Smith, kadena group president. Also a fox business contributor. Jack hough, barons associate editor. What are you looking for on they netflix. We call it earnings report, how many new customers you bring in who are willing to pay. Last quarter was a disappointment. The stock plunged. I think in this report they dont really have to beat the estimate. I think they do have to meet it. You cant go into this later part of the year without melissa hold on right there. We have numbers. Connell revenue is right in line. 5. 25 billion was exactly what we were expecting. Deirdre will have more details what you see. Stock is selling off there. I dont have a comparable earnings per share number that i can give you yet. Im not sure if it is earnings per shar
Pentagon officials at the white house after slapping sanctions on Irans Central Bank, calling them the highest ever i am imposed on country. Well bring all the headlines from the white house. Flood from texas. A Tropical Storm overwhelming the area. They fear it may become worse than Hurricane Harvey in some spots. Were live on the ground as residents are trying to pick up the pieces. Tim cook greeting apple fans at the store here in new york. Were looking at reopened flagship store. Were live on the scene later in the hour. Melissa fox Business Team coverage keeping track of todays coverage. Blake burman live at white house. Gerri willis on the floor at the new york stock exchange. Phil flynn is watching oil and bold gold from the cme in chicago and Edward Lawrence from the newsroom. Reporter it was deputy level chinese negotiators, canceling or not going a trip to u. S. Farms got the market turning down. One thing to keep in mind all of this, this is deputy level negotiators below th