the how john conyers is responding to claims that he used taxpayer money to settle a complaint oversexual misconduct. internal revenue scandal. new fallout after the irs targeted members of the tea party. why lois lerner doesn t want you to see her testimony. david: even though it affects us? right. david: that we can all agree on, a great news day for you if you have any stocks at all, or 401(k) in stocks, you re making money today. the dow ending the day with 60th record close under president trump. nicole petallides on floor of new york stock exchange. some of this enthusiasm scares people. boy, oh, boy, seems like there is no top to this market. that s right. you can t stop it. for the most part we ve seen gain after gains, thousands of points since the election in november. today we move up 160 points. we have a record all-time high, for the dow jones industrial average and also the others as we noted. nasdaq, s&p and russell. there was a lot of obviously, we came in
u.n. ambassador nikki haley issuing a new warning to the u.n., announcing a major budget cut. former u.n. ambassador to the u.n. john bolton says taxpayers shouldn t fit the bill for the u.n. s ineffective bureaucracies. he will coin join us coming up. border wall backlash. they re facing growing boycott from democratic cities across the country. california lawmakers pushing for pension funds to end investments with these companies. how they are fighting back รง apple today pulling back. there were concerns on heels of a report from taiwan economic daily, a report that basically said shipments for the iphone x will not be as many as expected. some who were bullish hey, the shipments are going to continue into the spring. so don t slow down but in the meantime we did see apple get a little spooked. that was down 2 1/2%. all suppliers went along with it were also to the down side. oil, 59 . 76 right now. that got to the $60 a barrel mark. that is a big deal. we have not se
dealing getting to us this point. democrats passing the measure to get legislation to help the so-called dreamers. the house will vote after the senate sometime this evening. we have you covered from both sides of capitol hill. joining us from the house, congresswoman martha mcsally from arizona. let s go to montana senator steve daines. thanks for coming in. clear senator schumer and democrats are painting this as some kind of a win or draw the a any rate this bill was very different from the last bill s there any truth to that? i ll tell you what, if you want to talk about winners and losers, the losers were the american people. this is ridiculous. it was a pointless exercise to shut the government down. the losers were the american people. i would argue the schumer shutdown it didn t work. chuck schumer lost that. david: by the way mick mulvaney coined term or came out with it first. it seemed to stick, didn t it? it has nice alliteration but you know what? it is t
good news for mr. trump. that s his base. and the market just crossed a milestone. stock values have gone up a full $8 trillion since the election. so here we are. government shut down because a major political party supports illegals and not the legal government of the united states. there really ought to be hell to pay. varney & company is about to begin. . stuart: now, we re going to go down over the opening bell today off about 50 points. i don t think that s a reaction to the three-day old government shut down. i don t think there s been any impact thus far. but we will open ever so slightly lower this monday morning. there will be a vote today. it s a vote on keeping reopening the government or shutting it down. so what s in this bill today? ashley: all right. in a nutshell, this is what it boils down to is that the proposal would reopen the government until february 8th. in other words, get the light switch back on until february 8th. however, the democrats wan
is this about the treasury market? it s a little bit about everything. i mean volatility is bark. we ve seen that since late last week into this beak. it has been a most wild ride yesterday and the day before. the biggest number one and two point swings ever in history. so the volatility in equities is back. some has a correlation to what we ve seen in treasury yields. we ve saw them pull back a couple days today, moving higher. we had the budget approval. that brought uncertainty, billions of dollars to be spent over the years ahead. took us off the earlier highs. in the morning just like yesterday we started off to the downside. less dramatic. same pattern. we re down 12points 127 points at open. in the end we flat-lined. we re down 19 points. we nearly lost 400 points of gains. that s too bad because we obviously seen a run-up. the big picture volume is here, volatility is here. we have to digest some moving parts. treasury yields don t always have inverse relationship