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s&p, but the nasdaq only down fractionally. we have news on a biting tax proposal that would tax you are again in the stock market every year. that may be one of the negatives hitting the market this morning and so is this, very long lines to get vaccinated. confusion about who can get the shot and when. the vaccination miss would stretch our recovery from the virus. that is money, turning to politics, washington dc is tense with five days till the inauguration. all streets leading to the capital are now blocked national guard troops. president-elect biden train ride has been canceled and the sunday s rehearsal for the inauguration has been postponed until monday. security concerns. then there is this, in a court filing on jacob chamblee, the man in the horned helmet, the filing argues he intended to quote capture and assassinate elected officials including vice president pens. tense indeed. on the show today we will look at petco and poshmark as they went public thursd ....
strikes view on this, come to the conclusion as far as the market is concerned with the runup today, only couple other presidents close to beating him, and they came into power with markets careening. this president came with the bull market very much in hold. we ll get a lot more detail. first to capitol hill. confirmation hearings now for no fewer than five potential joe biden cabinet members. one getting a great deal of scrutiny, his pick for treasury secretary janet yellen. she can move markets. assuming she does become the next treasury secretary, given the weight in the financial community she will be closely monitored and quoted. chad pergram on capitol hill with the latest. hey, chad. reporter: neil this, is one of five confirmation hearings today for yellen. they are looking at lloyd austin secretary of defense. tony blanken secretary of state among others. janet yellen no stranger to capitol hill having been con firmed as chair of the capitol hill. these are r ....
is now dark after it was suspended from amazon web services. we ll break down the fallout coming up. some relief on the way for restaurants at least in california. we ll talk to chef andrew gruel about his push to provide restaurants a lifeline amid the pandemic. . first calls for impeachment once again. nancy pelosi says the president must be held accountable after last week s extraordinary events on capitol hill but republicans are divided on the matter. we go to fox news correspondent mike emanuel in washington desee. reporter: gerry, good afternoon. republicans rejected a push by democrats to push for the 25th amendment. they are accusing president trump of incitement of insurrection. some people are looking in 10 days, let s over look it. we took and oath to defend and protect the constitution and our democracy. that responsibility falls to us. we have no other choice. reporter: that that impeachment vote could come a week after joe biden s inauguration a key ....
row. on deck this hour some of the biggest names in technology set to report quarterly results, apple, facebook, tesla, expected any moment. i m gerry baker. i m in for connell mcshane. welcome to after the bell. time for the news happening at this hour. fox business team coverage. edward lawrence in washington with the latest from jerome powell and the federal reserve, lauren simonetti standing by for earnings this hour, and grady trimble in illinois with new details on the vaccine rollout. today we start with our panel, lance ulanoff, are carlton english from barron s and dion rabouin from axios. let me start with you, if i may. we re waiting for tech giants any minute now. what are you looking out for? i m obviously looking at apple. i m very interesting to hear how the iphone 12 has done. we re all expecting them to have an incredible quarter. this is traditionally their biggest quarter. even with the pandemic and even with shuffling around they developed thei ....
proceed with impeachment we should say that removal from office is highly unlikely given there are only 12 days left in his presidency, however, there s a blockbuster editorial in today s wall street should resign.sting he the president has been denied free speech perhaps for ever from facebook and at this point it s through to say the administration and republican party are in disarray. again, same as yesterday, look at this with stocks moving higher. dow jones, a small gain, maybe i m s&p may be at 10, with nasdaq up. a lot of green on the screen again to this morning. bitcoin extremely volatile, it s now over $42000 a coin. extraordinary. $42000 for bitcoin right now. one more news items that at any other time would be the lead story, unemployment rate 6.7%, unchanged, but the shocker is the economy dropped 140,000 jobs. it s all about lockdowns and in the report the hospitality business lost 498,000 jobs, mostly in food service and bars. participation rate is stil ....