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watch the c-span cities tour of trenton, new jersey, saturday at 5:00 p.m. eastern and sunday at 2:00 p.m. on c-span3. working with our cable affiliates and visiting cities across the country. transportation secretary elaine chao gave her first testimony before congress on the trump administration s plan to address the nation s infrastructure challenges. the senate environment and public works hearing runs about two hours. i call this hearing to order. today we are welcoming the secretary of transportation, the honorable elaine chao, to testify before the senate committee on environment and public works on our nation s infrastructure needs. madam secretary, welcome to the committee. the senate environment and public works committee has always taken the lead on infrastructure issues in the senate. when unveiled, other committees infrastructure proposals will increase funding and provide streamlining requirements for the construction of pipelines, rail, housing, and ....
133 points from its all-time high. how about that? the markets continue their march. meanwhile, disney refusing to pay ransom after hackers get ahold of the new pirates of the caribbean movie. the pirates aimed at his daughter sarah on saturday night live. we cover it all on varney and pane for you varney & company for yous which is about to given. ashley: and a quick look at the dow futures for you with. how about that? more green arrows. the dow showing it will be up 42 points or thereabouts at the opening, the s&p and nasdaq also up again after record closing highs yesterday. it just goes on and on. higher profit, by the way, in sales at home depot helped by a strong housing market. premarket up over 1%. nice quarter for home depot. a few more retailers reporting this morning, tjx and marshalls and home goods, weak sales and guidance. weak sales also at dick s sporting goods but encouraging sales at staples. up nearly 2%. all right, let s stay on the econom ....
sunday on american history tv on c-span3. working with our cable affiliates and visiting cities across the country. transportation secretary elaine chao was on capitol hill today to talk about the administration s $1 trillion infrastructure plan, which would airportsways, produce and transit projects over a 10 year period. the public works committee hearing runs for two hours. or all this hearing to order and we are calling for the honorable elaine chao to testify on our nations infrastructure need. welcome to the committee. the senate environment and public works committee has always taken the lead on infrastructure issues in the senate. committeesed, other infrastructure proposals will increase funding and provide streamlining requirements for the construction of pipelines, rail, housing and large urban projects of various kinds that maybe privately financed through public-private partnerships to name a few of the issues. however, our highways, roads and bridges shou ....
futures indicating a higher opening, take a look. dow industrials up 28 points right now and nasdaq also higher about 13. global markets look like this. sizable moves but we are seeing markets stabilize this morning. european indices are higher across the board as you see half a percent on average. onto asia we go, asian markets looking like this this morning. nikkei average up a fraction. hang seng as well. all the major averages, but just fractionally. take a look at oil prices, briefly hitting $50 a barrel. the move higher ahead of next week s opec meeting. oil at 49.84, up 1%. a horror in the heart of new york city to report. a car plowing into crowd. ibm getting remote workers ult ultimatum. launched an app to disrupt the trucking business. how that works coming up. record-breaking option, painting by john michelle becoming becoming the most expensive ever sold by an american artist. the eye-popping price tag, what it says about the art market and the rest of the m ....
also raised. very interesting cutting edge, we ll talk about that. an fda panel backed an experimental breast cancer drug. shares of the company soaring, it was up 50% on monday in anticipation of this. the news came out now, another 26%. meg tirrell will have details in a little while. puma is good jumpers, we know they re fast and can get up a tree. the name of the km is puma biotech, not a totally non-sec ter. treasury secretary mnuchen making comments on the debt ceiling. reporter: that s right, he was testifying before the house ways and means committee and called on lawmakers to raise the debt ceiling before the august recess. i urge you to raise the debt limit before you leave for the summer. it is absolutely critical that where we spent money, that we keep the credit of the united states as the most critical issue. reporter: he said that he believes congress should pass a clean bill, meaning that nothing else should be attached to it. that s already ....