Joining us for the entire hour is dan nathan, founder of risk reversal advisers. Welcome back to you. Sara. So theres something youre looking at about the s p 3000 level and fed meetings if you go pack to july 31st, the last time that the fed met, they cut a quarter basis points Interest Rates the first cut in ten years and the stock market was above 3,000. And and it wasnt until the trump tweet the next day that we broke down and stayed down all of augusts here we are now, expectations are for another cut, and it seems like the s p has really paused again at the same level, about 3,000. Weve got lots to discuss with dan, but lets drill down on the big stories were watching today bob pisani is tracking the big reversal leslie picker has details. Mike santoli has a special market dashboard ahead of fedexs earnings which hit after the bell and well have for you here on closing bell. A big day in oil. Oil dropped right after the open on a reuters story that saudis oil output would be full
With a long rap sheet. Good evening i am jon scott and this is the fox report. Hundreds of people poured into a Long Island Church this morning to pay the final respects to officer Jonathan Diller is hailed a hero but today services after today wake attended by former President Donald Trump who said we need to get back to quote law and order. Diller was on patrol in the new york city neighborhood known as Afar Rockaway Queens on monday pulled up to in illegally parked car. The suspect with 21 prior arrests refused to get out and pulled a gun and fired hitting diller just below his protective vest. Cb cotton live in new york with more. Good evening, jon. Between inside the church and outside it there were thousands. Officers, troopers and Community Members all who gather to say their final goodbyes to follow nypd officer Jonathan Diller his widow stephanie said the father looked gorgeous infants done Reach Milestones and his siblings build their lives. She said her husband did not sugar
Today. President biden traveling to new york city if for a Campaign Fund if raiser with barack obama and bill clinton. Finish bind will once again ignore if the migrant crisis in the big apple, choosing instead to collect cash and take pictures with the elite. So as joe biden focuses on that, were going to focus on this a new fox poll spelling more trouble for the president. Lauren will run through all the numbers in a minute, but heres a preview. When voters were asked what the administrations top accomplishment is, the top answer, yeah, nothing. Let that a sink in. Well check the market. As a maria said, the last trading day of the First Quarter. The markets themselves looking just a little flat. Turning to the upside, but well call it flat if for now. The dow, the s p and the nasdaq, the dow up 45 points, the other if two major exchanges essentially flat. Taking a rook at the 10year yield, up 2 basis points at 4. 21 . Compare that to the 2year yield. Its interesting to keep track th
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