The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, abov
But the 52 billion man, Mike Bloomberg, was not in the debate. All in all, it was rather subdued affair, especially sense it came just hours after another day of impeachment hearings. Oh, how different from the highly rated Republican Debate four years ago that featured donald j. Trump. Thats that. The debate. Lets get to the money. Macys profit went up, sales went down. The retailers very much in focus as the Holiday Season gears up. So far, Department Stores like macys have been struggling. They are largely based in malls and malls are getting clobbered by online shopping, amazon in particular. Macys stock will be down about 4 . Look at this. Charles schwab, number one discount broker, talking about a merger with number two, ameritrade. Looks like they will become a very big bank that offers free stock trading. The whole brokerage world, really shaken up. Both of those stocks up significantly. Overall, the market is still yanked around by trade headlines. The president says this, the
What, what have we got here, 8. Revenue up, ad sales up, profits up, and there are now 2. 45 billion active monthly users. It was a spectacular report. Stocks up. These two stocks are helping the market but a statement from china has put a damper on things. Beijing says its doubtful that a longterm trade deal can be reached. China concerned about the impulsive nature of President Trump. Where did they get that from . The dow industrials down about 50 at the opening bell. S p down six, a fractional loss for the nasdaq. Then theres politics. Namely, the vote in the house this morning, starting the impeachment process. This has consumed the congress. It has not consumed the market. It seems to be ignoring d. C. Entirely. We will follow it and pay special attention to votes of moderate democrats from trum trumpleaning districts. Will they approve removing the president from office because of a phone call to ukraine . Cant wait to see. Stay right there. Varney company is about to begin. The
[ laughter ] our dance card this time around includes the former bachelorette hannah b. , former l. A. Laker lamar odom, former nfl star ray lewis. A lot of formers. Perhaps most notably former White House Press Secretary Sean Spicer is dancing this year. He will be paired up with lindsay arnold. Sometimes i feel bad for the dance partners on the show because you know they grow up working and practicing, working hard, dreaming of one day becoming a professional dancer, and then they wind up having to do it with Donald Trumps dopey press secretary. [ laughter ] you think theres going to be one of their categories like they always have an nfl player, they always have an olympic athlete, a grown justin chiup. Now maybe theyll always have a sad former member of the trump administration. [ laughter ] if i was in charge of the show i would have paired sean spicer up with stormy daniels. That to me was a big miss. We get to see the president s three favorite boobs on one show together. [ laug
New plan of attack. Lauren do you catch yourself using work lingo in your daily conversations . Is your job center stage in your dreams . Are your social invitations nonexistent . These could be signs your job is taking over your identity. It is tuesday, september 17th. Fbn a. M. Starts right now. More than a feeling. More than a feeling. When i hear that old song, babe. More than a feeling. Lauren welcome to fbn a. M. Good morning. Ill lauren lash. Cheryl good morning, everybody. Im cheryl cheryl. Lauren im cheryl casone. Laurent day winning strea winning strea. This morning, the dow is down 27, the nasdaq giving up 13. Cheryl were seeing a slight loss this morning, this is wti right there, 62, 52, down 38cents. Brent opened up slightly lower as well. Traders are waiting for a press conference from the saudis to give us an update on output. Lauren lets take a look at the yield on the 10 year treasury, its down 2 basis points. Cheryl keep an eye on china. The nikkei and kospi slightly