Pelosi helping a little bit. She was sounding a little more optimistic on stimulus in the united states, the s p trading down by 0. 9 . Tech is underperforming a little bit, but we saw a lot of call buying yesterday. The pound is recently is reasonably well bid. Big day tomorrow, as Boris Johnson speaks to ursula von der leyen. We are expecting a u. K. Briefing after the eu briefing this afternoon. Crude off of its earlier lows. Now down only 4 . Alix part of that may be, as nancy pelosi speaking earlier, says the trump diagnosis changes the dynamic in the stimulus talk. Stephanie kelly joins us from Aberdeen Standard Life investments, their senior political economist. How does it change the dynamic in stimulus talks . Stephanie it is kind of tricky because if you look at the nature of these negotiations, it hasnt is been republicans debating with the democrats. It is much more around President Trumps desire to get fiscal stimulus, and certainly in light , this diagnosis could shift th
Is its been a broadening out. Now, the question is is there enough money to go around to buy 3m today and also buy lets just use lets just pick nvidia, okay and the answer is thats to be determined there is a lot of newer money coming into the market, we will be talking about splits later today and the nature of the alchemy of it all but the thing that im most excited about, david, is there are industrials doing better than expected we have to stay focused on that because when we think about 3m making a come back, think about where they were and that is the you know, that is the and theyre having some good numbers this morning, thats what stood out to me and it makes me think nat industrial leg must be included in any portfolio. Its only up 2 are you kidding me youre referencing yeah, thats the stock youre referencing 3m. We should just tell people theyre giving us Monthly Sales numbers, july was up i think 6 year over year, 2. 8 billion, organic local currency sales up 3 because dont
In the green, dow up 185 points earlier. Seventh straight day of gains. Hanging in the balance up by 16 points and up by 8 and energy and communication services, best performing sectors at this hour happening right now in washington, the House Judiciary Committee holding a hearing on the dominance of big tech. Ylan mui with that story for us. Ylan reporter this is the first of the antitrust investigation. How far will they go i spoke earlier today with the chairman of the House Democratic caucus of new york and he told me that subpoenas are not off the table. To the extent that we dont receive full and comprehensive cooperation from the big tech companies, then the subpoenas are one tool at our disposal that we may be compelled to use. Reporter but a word of caution from the ranking republican on the committee, congressman doug collins will say in the hearing today that big is not necessarily bad and proposals to break up big tech risk throwing the baby out with the bath water so the h
Party has to end but when . Okay, of course, its going to be a pullback but is that all youve got to say after the most explosive rally in modern history. Next story, the economy, in december 148,000 new jobs created, that is not strong, big job losses in retailing, big job gains in manufacturing and construction. Big show as usual. New probe of Clinton Foundation, were donors playing to play . Varney company is about to begin. Stuart here is another big story, look at that. Much of the east coast is still under a very deep freeze. Roughly 13,000 homes out of power. Thats serious. Here is a look at the latest weather map with windchill, by the way, frigid temperatures continue across the northeast for the entire weekend, will you look at the minus signs there . Chicago, minneapolis, my thatsg story. The other big story remain it is market. I have a tweet, the latest from the president. Here it is. Dow goes from 18,500 to 25,075 for new time record. Jumped a thousand points in the last
Going to a socialist, live in nevada and of tomorrows caucus. Fox and friends first continues. Everybody is working for the weekend everybody works a little hard rob okay. Happy friday. Long week. What is going on this week . Jillian so much going on. Very busy week. Rob you are watching fox and friends first. Jillian thank you for starting the day with us. Doomsday called mother hours from facing a judge after finally being arrested in the disappearance of her children. Rob Joshua Vallow has not been seen since november. Reporter we will see lori a vallow in and hawaii courtroom. She was arrested in hawaii late thursday, facing extradition back to idaho where the Madison County prosecutor hit her with multiple felonies for abandoning her kids and encouraging another person to delay lawenforcement efforts to find the kids. 7yearold Joshua Vallow and tyree have not been seen since september. Police believe their lives are in danger. Vallow and her husband have been on the run since nove