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FOXNEWS Special Report With Bret Baier July 7, 2024

us now from new york. good evening, connell. good evening, bret. the dow after four downed days in a row now finds itself at lowest level since november of 2020. now, investors have pretty much concluded at this point as interest rates rise that the economy will have trouble growing. not just here in the u.s. but all around the world. one of those days on wall street where it was sell first and ask questions later in a friday session. all the worries seem to be magnified right now in the minds of investors from the war in ukraine to the energy crisis in europe. but, really more than anything, it s the higher interest rates that we are seeing in the u.s. but also in places like britain, sweden, switzerland and norway. the day started with a report showing a sharp decline in european economic activity, which raises the risk of recession over there and the new government in the u.k. led by prime minister liz truss now unveiled a plan for tax cuts that really was not well ....

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FOXNEWS Special Report With Bret Baier June 4, 2024 22:02:00

Expressed concern about the impact on inflation and interest rates. here in new york, the dow dropped into what would have been considered a bear market during of the session. that s a 20% drop from a recent high. buff it did barely manage to avoid that distinction by bouncing back a bit before the close. energy related companies, the likes of x on noble halliburton those were among the worst performers today. that s because oil prices continue to fall on concerns about demand. which, when you think about it is really concern about recession. and more than anything else, that s what s hanging over this market right now. bret? bret: connell, thank you. with just 46 days to go until the november midterm elections. making the case to take control of their chamber of commerce. their leader outlined the agenda today and it is a throw back to a successful campaign from almost 30 years ago. correspondent alexandria hoff is in pennsylvania with what the g.o.p. is calling its commitment to am ....

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