Now. Maria we want to check Global Markets this morning, european indices all over the place this morning following the u. S. Central Bank Stimulus package. London shut down, some of the mass transit lines in an effort to contain virus. Ftse 100 is down 12 points right now. Dax index in germany right now up 21. In asia overnight it was red across the board. Take a look. Korea getting hard hit down better than 8 overnight in korea hitting levels not seen since 2009 even as coronavirus cases are dropping in korea. As you see the other majors are also weaker. Lets check the oil markets now. Seeing a rebound this morning after 18year low. As you see oil prices bouncing 250 a barrel at 22. 87 a barrel. Yield on the 10year treasury hovering above 1 . Yields are bouncing once again 1. 92 on 10year. Investors certainly gearing up for another wild day this morning in terms of volatility. Lets check futures. We are expecting another tripledigit decline. The nasdaq is down 35 and s p 500 weaker b
Pentagon officials at the white house after slapping sanctions on Irans Central Bank, calling them the highest ever i am imposed on country. Well bring all the headlines from the white house. Flood from texas. A Tropical Storm overwhelming the area. They fear it may become worse than Hurricane Harvey in some spots. Were live on the ground as residents are trying to pick up the pieces. Tim cook greeting apple fans at the store here in new york. Were looking at reopened flagship store. Were live on the scene later in the hour. Melissa fox Business Team coverage keeping track of todays coverage. Blake burman live at white house. Gerri willis on the floor at the new york stock exchange. Phil flynn is watching oil and bold gold from the cme in chicago and Edward Lawrence from the newsroom. Reporter it was deputy level chinese negotiators, canceling or not going a trip to u. S. Farms got the market turning down. One thing to keep in mind all of this, this is deputy level negotiators below th
Im david asman, glad you could join us. This is busy day on the beltway and wall and board. The big story of the day the house clearing a major hurdle on health care, seven years in the making. Esident trump taking a victory lap at the wte house just moments ago. What is in the bill that just passed . How does it different from obamacare . And what will it look like when the senate gets ahold of it . What you need to know, for your business and for your wallet. Meanwhile President Trump Marking National day of prayer with an executive order on religious freedom. Tony perkins what this means for religious groups all over the country. What new Health Care Means for religion. The president headed to new york in just moments, returning to his hometown. This is the first time he has done so since the inauguration. He will speak at the Intrepid Museum in honor of an historic battle. Well full you about that coming up. Cheryl so much happened. Taking a victory lap on health care. President tr
President trump telling Law Enforcement he has their back. Speaking this afternoon how he plans to crack down on illegal criminal immigrants and the deadly ms13 gang. What hes calling for now . And tensions in the west wing boiling over in a very public way. The new white house coms director inadvertently telling the world how he really feels about Top White House staffer Reince Priebus and steve bannon. New developments and reaction to his colorful comments. David we heard all the colorful comments when he worked here. The dow closing up about 33 points, 33. 25 to a new record high. Straight to Nicole Petallides on the floor of the New York Stock Exchange for todays big market movers. Happy friday, nicole. Reporter happy friday, dow record. Right . People are loving. That they like that for the 401 k s and iras. The dow at 21,829. A gain there. The s p 5002472. Missed it by a fraction of a point for a winning week. Four weeks of gains for the s p 500. And were watching the nasdaq clos
Want to show you this. I think i am going to show show it to the media. Both real an fake media by the way. This is what it took takes to get something approved today. Elaines you see that. This is what it takes. Permitting process. That is a flow chartc. Seven teen years. I could have built it 4 or 5 million without the permitting process. It costs hundreds of millions of dollars but it took 1years, to get it approved and many, many, many, many, pages are Environmental Impact studies. This is what we will bring it down to. This is less than two years. This is going to happen quickly. That is what im signing today. This will be less than two years for highway. It is going to be quick. It is going to be very streamlined process, and by the way, if it doesnt meet not going to approve it, very simple. Were not going to approve it. This is maybe, this one will say lets throw other one away. Would anybody like it from the media . Would anybody like the long beautiful chart . You can have i