From dow 20,000. The dow industrials have 91 points, thats a session highs than an hour ago, touched 19,700 for the first time ever. Were at 19,706 and climbing. Russell is slightly negative, the s p is jumping, too. Can the stock market flex muscle and dow flex real muscle to break 20,000 . Were in the middle of all the action, were going to break it down for you tickbytick, have you got to stay with me right here. To the budget showdown that is happening this hour, the Senate Democrats right now and the republicans for a nail tooth and nail battle behind closed doors over the Government Spending bill. We are less than nine hours until a very significant midnight deadline and the stakes could not be higher. It could maybe affect the markets today on monday. We have a fox business exclusive with the man in the senate whos been in the chambers all day. All day long, republican senator from mississippi roger wicker with me in a firsthand recap of the battle inside the senate going on rig
Quh chair and keep acts as a chil. The question is, what happens now . With us for the hour today josh brown, jim, courtney gibson, Carrie Firestone is here as well, ceo of arius asset management. From toronto, kevin oleary. Josh, i go to you. While some are calling this first week chaotic. S p is up 1 . Dow is up better than that. Closed over 20,000 for the first time ever. Yeah. Investors seem to like what theyre getting. Its so much more than the u. S. Market story. Youve got just incredible performance around the world. You have global pmis, surprising routinely to the upside. The best ratio of positive to negive the surprises. You have to go whack to before the financial crisis. All of this is happening in concert. And so i think when you look beyond just u. S. Stocks and you say is there optimism around the world about the economy . Even if were not all thrilled with evenry political headline, i think you would have to conclude that, yes, people feel like there are some things th
Before we get to markets and , President Trump talking about airlines doing a amazing job under foreign pressure. Spoke with executives which does not include the ceo of American Airlines. He says Foreign Airlines are supported by the government and he is telling airlines and airports that we want to take care of you, reiterating his critique of obsolete, in other news he also says he will announce something on taxes in the next two to three weeks and he says airlines are related as much as anybody. We will bring you that meeting playback as soon as we get it. 30 minutes into the trading day. Julie hyman is here, with the latest. Julie there has not been any reaction in Airline Stocks to some of these headlines coming out from the meeting. We are seeing a bit of a bounce back in u. S. Stocks. All three major averages up between a fifth and a quarter of 1 . Lets talk about what is driving of the driving those gains. We are still in the midst of earning season. If you look at some of the
First round of president ial elections in france. Been ringingua has as the news throughout the weekend. We see her in paris. I watched the special yesterday. The question i came back to was how could we get to a world where the two established parties in france did not even make it to the second round . Francine this is significant. There will be a lot of introspection and navelgazing today from the candidates who did not make it. There are two lines of thought. First is that france is ready to reform. They want growth and a more market friendly economy. That is why they voted for a 39yearold the wants to shake things up but is not too scary. How does that explain 40 of the votes going to extreme candidates, Marine Le Pen and jeanluc melenchon. There were four candidates. You can see the old school, the republicans almost had a clear win until january when we had Francois Fillon immersed in a scandal about paying his family without work being done. Macron won because he was the most p
Welcome to squawk alley this morning on an important day. Got our top story, obviously, less than a day to go until the polls open. The markets are in rally mode. Were looking at almost a 300point increase on the dow after fbi director james comey said the agency will not reopen its investigation into Hillary Clinton and her private email server. Watching the Market Reaction here at the nysc, john, lets start with you. We have less than a day left before this election is wrapped up. A lot of americans going to breathe a sigh of relief over that. Take a look at the battleground map by nbc news, shows Hillary Clinton has enough states either safely or leaning her way to get over the 270 electoral votes, so Donald Trumps got to figure out how to tip those undecided and pull some back from Hillary Clinton. Thats the logic of his closing blitz. Lets take a look at his travel schedule today. While this is Hillary Clintons, first of all, shes going to be in north carolina, thats a state mitt