Eight in a row for nasdaq. The longest string of records in 21 years. We have fox Business Team coverage. Grady trimble is in chicago with the latest on the bowing shake up. Boeing shake up. Phil flynn at cme. Grady, kick it off with you. Reporter no doubt, boeing new ceo, David Calhoun will have his work cut out for him. Having to get the 737 max plane back into the air. Also winning back confidence of people who might have lost it in the companys 737 max. All of this comes after the now former ceo, Dennis Muilenburg has been under fire for his handling of the 737 max crisis. A lot of people say the company under his leadership was too cozy with regular regulators getting the plane to market. Families of the victims said the company wasnt transparent enough after the two crashes and how boeing played at least a partial role in the clashes. Boeing halted production of the plane last week while it works with the faa to get it recertified. The company says the new ceo will bring new comm
Well. President trump will make his way to austin, he will tour mac pro manufacturing facility with tim cook. Impeachment hearings in washington, was billed as the most crucial day. The morning session many ways appeared to live up to that billing. Ambassador to the European Union, Gordon Sondland retreed new details about dealings with ukraine. President trump reacted to all of that. Blake burman was on the lawn of the white house. He joins us from the north lawn with the very latest, blake. Reporter what a morning in washington. Started with explosive testimony from Gordon Sondland, current ambassador to the European Union up on capitol hill as part of the impeachment hearing. Son land in his written testimony today he laid out an entire section he described in his words a quid pro quo. According to sondland in order for the newlyelected ukrainian president Vladmir Zelensky to have a meeting with President Trump, ukraine had to announce it would have investigations into the 2016 serv
The final tax bill on the president s desk by christmas, pass a measure to keep the government funded before midnight on friday. The president meeting with key members this afternoon. The latest from capitol hill. New examples of antitrump bias at the fbi. One of Robert Muellers deputies reportedly praising a doj official for defying President Trumps travel ban. This as were learning more about that agent fired for sending antitrump texts. Connell the deep state. Meanwhile reversing course. Markets ending in the red. Lets go so Nicole Petallides on floor of the new york stock exchange. There was never a lot of conviction in the market but there was green earlier in the session. You want to say what happened, right . The truth of the matter triggers why did we see a basically 200 point swing from top to bottom, we cant have every day an up arrow. Down day of 11 points. Take it a lot of high hopes for the nasdaq. Tech has been a big, big story. We watched home billers today. Homebuilders
Mark short revealing the president plans to sit down with paul ryan and mitch mcconnellc at camp david next month. After that, roll out this big bill. I think you will see the president roll out infrastructure plan in january. And the president has already invited leader mcconnell and speaker ruane to camp david officers weekend in january to make sure what our priorities are in 2018. Not a lot of details with this one, david. But we sort of know the general themes, a trillion dollars. When you break undo the numbers the administration wants 200 billion in federal money. The other 800 billion trying to incentivize local governments to build up Public Private partnerships as well. They think they can bet democratic support with this because infrastructure is normally bipartisan. Democrats look at different prism as well. They want some, a trillion dollars in federal money. There is a bit of a gap there. When they roll this out come 2018. We well see how the politics shake out. A lot of
The bottom of the list. Also, antitrump publication, now under pressure from democrats. Vanity fair apologizing for a video posting mocking Hillary Clinton. Now the president is weighing in on this. Wait until you hear what he has to say. Winter weather walloping midwest and the east with arctic weather. It will get a lot worse before it gets any better. The latest on this, a lot more coming up this hour. Lea the dow hitting new highs, led my shares of United Health and caterpillar and travelers. The ninth month in the green, the longest monthly winning streak since 1959. Lets go straight to gerri willis on floor of new york stock exchange. For more what is driving markets today. Hey, gerri. The dow up wow, you heard cheer behind me at the close. That is a record close, the 71st for this year. Also the 71st for trumps administration. Behind these gains unitedhealth, caterpillar. Were keeping eye on banking stocks. Look at this. Goldman sachs, bank of america, all these banks doing much