Were going to be speaking with larry kudlow about this and a lot more coming up. Hi everybody. This is bulls bears. Im david asman. Joining me is the panel today. First, lets bring in National Economic Council Director larry kudlow who is live from the white house in a fox business exclusive. Larry, great to see you. Thanks for coming on. Larry, you know the media. You were part of the media for goodness sakes. Are you really surprised that a trumphating media wont give the president credit for the economy . Well, david asman, yeah, ive been in the media for a long time. Let me just say this, theres some really good reporters out there, and then theres some that not so much. You happen to be one of the really good ones, so you cover the beat. Thats all i will say. And i think the president is right. I think that actually you know what . After kind of a dull winter and government shutdowns and this and that, looks to me like were getting the new life into the economy. David yeah. Im hop
Just moments before takeoff. Latest on white house stunning response. Speaker pelosis call for the president to delay the state of the Union Address until the government reopens. President trump putting nations enemies on notice at the pentagon earlier today. Announcing a first sweeping review of Missile Defense systems in nearly a decade. Will the advance system help defend america against threats from north korea and iran . Plan b for brex it. Were live in london with theresa mays new strategy. Connell back with the markets, with the dow hitting session highs, with a report the u. S. Will ease back on chinese tariffs. Lets get straight to Edward Lawrence in d. C. , with details on that. Edward. Reporter a new report, the treasury secretary starting to debate about removing tariffs as incentive for china to make deeper concessions. The dow jones says the idea was proposed by treasury secretary Steve Mnuchin at a series of meetings. Officially the Treasury Department pushing back. A sp
Worse, there are things that i follow in the years, when you have semiconductors in new yearly lows, and Goldman Sachs multiyear low and Growth Stocks be oobliterated the, i think tht market is saying well have a slowdown, the globe worse than us, but i think were doing catching up, you have to stay on the sidelines, that is where i am at. We could point to apple, they had a supplier who said we need to calm down. That the magic number is 2 , thigh used to the pay 0 , on its way to 3 percent, it has people saying i have made great money in stocks maybe time to take money off the table. David not so much they dont like stock but interest with bonds more. They are providing competition. I agree with that. I hope you are wrong gary cr, ku have scared me into buying dry foods and building a bunker. When jack talks about competition, the world gives me hope. In europe. There is not a brexit plan right now, it is still eye u. S. Market. David it was interesting sec chairman, usually does not
Second that could be big mover in terms of markets tomorrow. Lets get to it. We have a lot to cover. Im connell mcshane. Melissa dont go anywhere he is trying to say. Im Melissa Francis this is after the bell. Gerri willis live on the floor of the new york stock exchange. Wow, wow, what a day. We end up 401 point up on the Dow Jones Industrial average. Up 1. 6 . As you mentioned it was higher earlier. We started to go in the wrong direction. Im glad the market closed. Subpoena 500 up 1. 87 and the nasdaq on fire. Talk about some winners today. These are stocks reporting. Microsoft leading the dow today. This stock reported last night. A really great earnings report, topping wall street expectations on bottom and top line. Their azure cloud results, this is their cloud results doing very well indeed. The business up 76 . The rate of growth is actually slowing because it is so high it is hard for it to keep growing at that level. Other sector, intel, this company reporting later today. W
one of the americans waking up this morning to a bump in your paycheck? tax cuts hitting the bank account as three more corporate giants join the ranks of companies sharing tax cuts with employees. and t-minus three days before kickoff of the king of all football games. super bowl lii, defending champs new england patriots taking on the philadelphia eagles. by the way, if you re watching the big game sunday. the company that says heck, why not win a pile of cash in the process? win view chairman and former tivo ceo tom rogers how your ability to predict football and fan behavior during a game can bring you as much as $25,000 and make you richer monday morning. plus a preview what analysts are calling the super bowl of tech earnings and charlie says twitter is surging today. he knows why, we re less than an hour to the closing bell. let s start the countdown. . for breaking news for those of you waiting for one of the biggest unicorn ipos in recent history. hold your hors