Its first threeday decline since early march. I wanted to focus on that. Month since 1987 in the month of april. Abigail something that can be so tricky, we have that huge decline down, a bear market, and then a rebound rally. Many thinking it is a bear market reflex rally. Not just these three down days, the worst since march 24. In the rally we have had recently, we are in the worst stretch, the longest stretch. When these turns happen, it is subtle. On top of these three down days is the fact we are headed to the thirddown week in a row. Last week and the week before, two down weeks. Inflection points and what can be a volatile sideways range is what we are setting up for this year given the uncertainty out there. Right now, there are some signals that we may be heading back down toward this years low. David thank you to Abigail Doolittle. For that report on markets do little for that report on markets. Abigail doolittle for that report on markets. We welcome libby control, head of
Morning, congressman and Ranking Member doug collins here to talk about all things mueller after yesterday. Ohio congressman house intelligence and weighs Means Committee member joining us and house energy and commerce manager debbie plus tennessee congressman and Committee Member is here on israel boycott bill, and c op of Raymond James paul riley on company fernings but ceo of ups will weigh in on earns and brotdzer economy. Dont miss a moment of it and top story this hour more than six hours on the hot seat yesterday former special counsel answering to lawmakers for first time leading dmets with little hope for impeachment mueller taking heated questions concerning the wording of his report and the conclusions. Watch. The president claimed your report found no obstruction and that exonerated him but that is not what your report said is it . Correct that is not what the reported said. Report did not include that he did not commit obstruction of justice is . Is that correct . Thats co
Wall street still trying to get a read on the situation, on the first trading day of summer which is today. Okay. We are off session highs at this very moment. The s p 500, though, any gain is a record close. It would be the second record close in a row. The dow is up 45 points at 26,798. The nasdaq hanging on by just a thread. Actually, its lower. Nasdaq down 11 points. Plus, its unique but successful, direct listing of slack for the next Silicon Valley unicorn, airbnb, wework could follow. And the banks getting a checkup in about 90 minutes. Raymond james ceo is here exclusively to tell us if hes stressing about the stress test. We are less than an hour to the closing bell on wall street. The end of a pretty good week for the stock market. Lots of news this week. Im Lauren Simonetti in for liz claman. Lets start the countdown. Lauren we need the show you these images from earlier today. Firefighters are still on the scene of a fire at the Largest Oil Refinery on the east coast. After
Retailer slashing prices on thousands of items what this could be signaling about the company and its rivals power lunch starts right now im brian sullivan, stocks are mixed this hour but on track for first losing week in three weeks. The dow is the only major average that is higher meantime the u. S. Dollar, the greenback weakening against most of the world major currencies, the dollar index now at its lowest level since january of 2015 kroger beating estimates but the shares getting pounded apparently because of aggressive discounting, chipotle taking another hit. Zumi sext. Soaring, a smaller than expected loss and beating sales estimates. Good afternoon, thank you, brian. Lets get you caught up on Hurricane Irma the white house set to hold a briefing in about 30 minutes from now the latest on the emergency efforts, well carry that briefing live. Meantime the president tweeting, warning everyone in the storms path to be vigilant and heed all recommendations from government officials
In being asked to reduce this not on the opposite side with President Trump but the first sentence is this is not a book about donald trump. How the right lost its mind is the title. You are taking a stand immediate the with the title but you want to know your background as chevrotain other books, as a conservative who supports trump they would find a of a lot in common but yet some tweets payback why are you doing that . First since everybody has an idea of conservatism and also talking about your own background explain what conservatism means to you. Guest that is an interesting question because that is being redefined on a regular basis but it was about limited government and individual responsibility and respect for the constitution with the inclusive aspirations that was captured by Ronald Reagan. I think i come from a brand that deals with problems as they exist in the real world but a what i think was defeated in the republican primaries. Host that is the clear part of your book