Maria we have breaking news this morning, we will take you for a live look out of new orleans, look at this, we are tracking tropical form barry this morning, making its way toward expected landfall in louisiana, we are bringing you the very latest developments this morning and live updates all morning, stay with us on the developing story, joining the conversation, Fox Business Network dagen mcdowell, the American Conservative Union chairman mat sclapp and michael block, great to see everybody this morning. Great to be here. Great to be here, im glad its dry. Maria im glad its dry too. We have a storm that we will be tracking, look at the markets, michael, another record high yesterday. Record territory once again, dow industrials up 95 and nasdaq up 24, to what do you attribute strength once again in consistency . Dow jumping above the 27,000 mark for the First Time Ever yesterday. A couple of weeks ago jay powell was waffling on path to rate cut later this month and he came out this
the following is a cnn special report. multiple capitol injuries. multiple capitol injuries. an assault on democracy. the capitol has been breached. an attack on the capitol, fueled by a president s lies. this election was stolen. trump wanted the crowd to turn into a mob. inspired by a delusion, an enraged mob of true believers attempting insurrection. you are a traitor. we were in a medieval battle. trump s soldiers. there is a sea of nothing but red, white, and blue. patriots of trump. trump s true believers. i feel like he was anointed by god. i don t think joe biden is the president. new exclusive interviews. the sound surrounded us but then once they started banging on the door, that s all i heard. new details. overran the capitol. i never dreamed that he would ever do anything like that. new denials. you call january 6th a peaceful protest? i do. and why it s not over. in fact, it is just getting started. tonigh
Because his entire speech seemed like one giant subtweet. Democracy does roar a basic sense of. When we sit back and blame the leaders we elect, without examining our own role in electing them. It falls to each of us to be those anxious, jealous guardians of our democracy. If something needs fixing, then lace up your shoes and do some organizing. If youre tired of arguing with strangers on the internet, try talking with one of them in real life. laughter . Trevor okay, this guy has clearly never been catfished before. Look i dont say this often, but i do not agree with the president. Do not meet people that youve argued with on the internet. It will end with you bleeding in an alley. Dont do it. Dont do it. You know, last nights speech felt leslike a farewell address and more like a parent going on vacation tell his kids how to behave while theyre away. American kids, race relations, youll find those in the fridge. Make sure you know the Supreme Court justice before you let him in. And
Because his entire speech seemed like one giant subtweet. Democracy does roar a basic sense of. When we sit back and blame the leaders we elect, without examining our own role in electing them. It falls to each of us to be those anxious, jealous guardians of our democracy. If something needs fixing, then lace up your shoes and do some organizing. If youre tired of arguing with strangers on the internet, try talking with one of them in real life. laughter . Trevor okay, this guy has clearly never been catfished before. Look i dont say this often, but i do not agree with the president. Do not meet people that youve argued with on the internet. It will end with you bleeding in an alley. Dont do it. Dont do it. You know, last nights speech felt leslike a farewell address and more like a parent going on vacation tell his kids how to behave while theyre away. American kids, race relations, youll find those in the fridge. Make sure you know the Supreme Court justice before you let him in. And
Big day for retail. Walmart announcing the best quarter in more than four years. Home depot beating estimates. Kraft drops its 134 billion takeover bid. Irene rosenfeld will join us later. New records. The dow up more than 4 since Inauguration Day. How long can the trump rally last . First up, walmart reporting a better than expected quarterly profit. Revenue just shy of consensus. Online sales up 29. Home depot beat its Quarterly Results. Boost the dividend. Macys posting a revenue miss earlier on squawk today. The ceo addressed speculation the company is up for sale. First of all, youve heard it talked about, rumors of the Company Buying us. Yes. Youve also probably heard the rumors that were buying them. Yeah. So what i can tell you is this, that were going to do the right thing for our shareholders and were not going to be a highly leveraged retailer. Those movies never turn out well, and weve seen that before. A lot to chew on here. A lot of discussion as far as macys goes as far