out with a bang as we prepare to ring in the new year in times square. the marketst posting big gains for 2023. the dow up 14%. the nasdaq surging more than 40% and the s&p 500 up more than 24%. but will it continue in 2024? our market experts will weigh-in. with stocks soaring despite high interest rates to bring down inflation, what impact will that have on the 2024 presidential race? we ll ask presidential candidate ron desantis. he s here. a busy your world starts right now. edward: welcome. i m edward lawrence in for neil cavuto. this is your world. first to madison alworth with a banner year for stocks. madison? the last trading day of 2023 has come to a close. the end of the year saw a strong rally. major indices were up business. s&p finishing up 24%. the dow joins up 13% and the nasdaq also seeing those big gains up over 43%. a huge success there. the nasdaq soaring thanks to artificial intelligence. that boom really had an impact on that sector. big tech sto
tightened too much. indeed, suggests that we still have work to do. if you ever find an airline pilot said it worked with the federal reserve, get off that aircraft. the 16th largest u.s. bank chanced today and took a nervous stock market with it. the latest talk is that this might pause the federal reserve in this latest interest rate hike cycle. the betting seems to be when they gather next week, maybe no rate hike, period. neil: one year, can you believe it? a year ago today it all started. eight interest rate hikes later, the federal reserve must decide whether next week it should make it a ninth. even as credit swiss is receiving a $54 billion life line to keep it going. news hoff a $30 billion rescue for a bank, first republic. that helped stocks rebound. we re tracking it all, this incrediblier and where we stand now from main street to wall street, from the federal reserve to capitol hill to the white house as well. with rich and robert on what could be the ne
ipsos out just a short time ago shows that 58% told thinks that trump should be charged with a trump crime for his 16 involvement. well 30 60% of the poll think that the committee is doing a fair investigation. 38% says it is not. also, today the economy saying that inflation is a high, and that tackling it is the president s number one priority. . when you go to the pump and see the prices were today great some certainty, it creates real economic hardship. but at the same, time it is important as americans that we are recognize the unique strengths that we have in this economy. the strongest labor market since world war ii. unemployment at 3.6%. house in balance sheets that have occurred over the coals of the last year. so we now have the lowest mortgage delinquencies in years. lewis credit card colin delinquencies in 40 years. those are unique to the american economy, we have a stronger and by the better position to track all inflation than almost any other country in t
breakdown. plus, live on the campaign trail where the economy is on the minds of voters in four states holding primaries today. some of these elections the latest tests of the power of the trump endorsement. a lot to get to. we start with that breaking news from capitol hill. mitch mcconnell making some of his first comments on that bipartisan deal on gun reform. our team there as the republican leader gave his blessing to the framework, right, the framework of the deal in the last hour. watch. for myself, i am comfortable with the framework. and if the legislation ends up reflecting what the framework indicates, i ll be supportive. so listen, that is good news for the democrats who need at least ten republicans to vote for the bill. with the senators working on this, hoping to get language, our congressional correspondent joining us, get this thing passed as soon as possible. a lot of people are waiting to to hear what mcconnell said. here is a bit more of what he said
Good evening i am jon scott and this is the fox report. The mayor of el paso, texas think resources are strained as his city continues to be overwhelmed. Migrants per day are crossing into el paso. A new spike coming from venezuela is that country remains rattled by crime and severely unstable economy. President biden facing fresh scrutiny for his Border Policies just this past week he approved work permits and deportation protections for nearly 500,000 venezuelan migrants. Fox dues Team Coverage david spunt has the latest from the White House Former acting dhs secretary chad wolf is standing by with his analysis and Griff Jenkins is on the ground in the border. Lets begin with griff in eagle pass, texas. Good evening jon. It is indeed a never ending stream of migrants. More than 2000 migrants had just passed our cameras. In fact a group are passing just behind my camera man now. But jon, as we take a look at our drone the flight team more migrants are trying to cross this Dangerous Ri