The year, will we hit 24,000 on the dow by christmas . The dow up 41 points at this hour. By the way, more bad p. R. For uber, the new ceo knew about that massive data hack for months before disclosing it. So plenty to go at. If youre at home enjoying that postturkey glow, settle in and buckle up for the next three hours. Varney company is about to begin. Ashley its hard to believe, but black friday may no longer be the hottest shopping day of the year. A new study shows only 35 of consumers plan to do their Holiday Shopping today. Amazingly, thats down 24 from just 2015. Interesting. Lets go to jeff flock. Hes live on chicagos Michigan Avenue. Jeff, i know its a little early, and i was going to say a lot of people out there . I dont see anyone behind you. [laughter] reporter you know, i always look to challenge these surveys because i sometimes think they dont make sense. Well, ive got to tell you, if you look at the magnificent mile right now, ashley, there are not throngs out here,
Doubledigit lead if elections were today. The president will say get it done or expect defeat next year. Markets open higher again today and, yes, we are again at or near record stock price levels and as amazon powers ahead, we will pose the question, jeff bezos, 100 billiondollar guy, is he also the new steve jobs . Varney company is about to begin. Stuart this is the face of the retail revolution. Online is on the march like never before. Adobe says yesterday was the Largest Online sale history, 6. 9 billion worth of sale online and the revenue often driven by smartphones that hit alltime high, 1. 59 billion worth of sales, that, again, just from phone purchases. Lets bring in mike murphy, hes with rosecliff capital, im going overboard on this. Wait for it. The revolution is now, we are in the middle of it. Are you going to take me on . Mike im with you. People know that they can shop with convenience, people are willing to spend money but on their terms. The only way brick and morta
Its the latest runup or the least runup is as a result of strong growth strong profit and until last night it looked like a sure fire yes on tax cuts. Theres new momentum begun this morning, however, on the tax plan. And ron johnson and both smart and both republicans they are now a yes. Add that to the news from kevin earlier and we could see history unfold again on this program this morning. Now this it was not murder. It was not manslaughter. The jury has decide that when jose shot and killed kate steinly it an accident now wera Financial Program but we deal in politics and we will be covering extensively sanctuary cities in my opinion allow this outrage to happen. Varney company is about to begin. Im going to start with the markets because thats the all important factor on todays program and looks at them down 2 points for the dow industrial. Clearly off their lows down over 100 much earlier on this morning but remember were following a huge record close yesterday. Way over 24,000.
There is separate rumor out there, not necessarily one to be believed, the house would simply vote on what the gnat came up, rubberstamp that, get it to the president s desk pronto. To congressman from north carolina, mark walker. Thanks, neil, good to be with you. Neil would you be open to that, there is rumor circulating that the house would simply not on what the senate came up with . Not at all. Republican Study Committee we did a survey last week, we didnt have a single one who supported that. 3 were maybe or depends. 97 said absolutely not. Were going to conference. Im pretty sure leadership confirmed that over and over again. Neil i fest theyre concerned about something potentially breaking down in this process. Rarely does that happen when it gets this far but you are a part on some key issues like Corporate Taxes or cuts going. Sure. The senate favorsc waiting until 2019. You and your colleagues prefer 2018. There is a lot of math built into that forfirst year and other thing
Today. I lost count of number of record hit since trump took oval office. Got to mention bitcoin. Talk about volatility . Up and down thousands of dollars per hour, right now the price top of the screen in the middle, 15,575,000 per bitcoin. Got it. Politics, you will hear the words due process a lot. Two highprofile departures for alleged sexual misconduct. Trent franks, arizona republican, he asked two female staffers about being surrogate mothers. He is out. Harold ford, high level wall street guy. He denies harassing a woman but he has been fired. Well update the disasterous california fires for you in just a moment. Varney company is just about to bin. To begin. Stuart more on the solid jobs report. Look at this, the Southern California wildfires. Wild indeed, ashley. Ashley six large wildfires burning 140,000acres. We had a new one break out near the san diego area. It ripped through a retirement community. These are like trailers. Golf course there. Dozens of homes burning. Peop