Too glib maybe not glib enough. The dow did snap that five day winning streak to close down 28 points the s p back slid. 04 nasdaq actually advanced. 05 but while most of the country is spell bound by the prospect of the house impeaching President Trump the effect on the market was minimal, why well in part because we know exactly how the trial in the senate will go more on that, much more on that later. From an Economic Perspective though theres just not a lot at stake here the only outstanding issue that really matters to wall street is the negotiation of the new nafta but thats looking like a done deal in congress because Speaker Nancy Pelosi was willing to compromise mexico is rebelling against the notion of u. S. Labor law monitors in their country, issues of sovereignty. Of course theres the trade war with china just got a phase one deal with the chinese and President Trump agreed to reduce the tariffs as long as the prc plays ball anything that levels the Playing Field with chin
A meeting there. House minority leader kevin another big story we are mccarthy, Senate Majority following, federal officers try leader Mitch Mcconnell, to restore order in portland, Vice President pence, treasury secretary Steven Mnuchin and oregon. Mark meadows all talking about those federal officers also the next steps in the coming under fire. Coronavirus bill, what they are working on, what they can get through congress, also a couple of other news elements in there, this marked the 53rd straight we expect taped playback in just night of protest and the rose a few minutes and you will see that live here on city with demonstrations growing Fox News Channel among the items increasingly violent across the Pacific Northwest gray to is that the president is going good morning. To restart the coronavirus welcome to americas newsroom. Im bret baier. Task force briefing by being at that briefing we are told good morning, melissa. Good morning. Tomorrow, 5 00 p. M. Is what he im Melissa Fr
America, midland, texas. You know it well. Lesson, about 25 minutes from where i am standing, that private fundraiser being sponsored by governor greg abbott, rick perry also along with them. They will be here in about an hour an and i have to give a sph on the oil industry. The oil industry has taken a huge hit. Oil prices back in april were actually trading in the negatives. Very, very scary to many people. Now, one of the thousands of companies, and texas struggling. At this morning, dana, eyes and fall this morning not working, just sitting stationary. This unfortunately is the sad reality. He owns the actual rig for later this afternoon. And weve got going back to work in the next couple months, so for our company, things are improving. They have sort of been rough for the whole industry. Dana, he set about five years ago, he had over 1,000 employees. Now, he has laid off over 300 and just the past month or so. It has been incredibly different for the oil industry. Again, Presiden
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