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 right this second. And corporate heavyweights from ford and rex nordand carrier and for whatever else he doesnt like he sees, one man says why isnt the Business World battling back . Enough is enough. Peterson institute for International Economic senior fellow on why he thinks Companies Must stand up and fight the president elect right now. Its a fox business exclusive. As i said, were less than an hour to the closing bell. 58 minutes from the floor of the new york stock exchange. Were live. Youre in the right place. Lets start the countdown. Okay, breaking news, were going to split screen the show pretty much all day long with, just less than an hour to the closing bell, the breaking news is were awaiting president elect donald trump, he will be speaking in baton rouge, louisiana. Getoutthevote rally. But we are going to jump to that and listen to what he says in case of anything, you know hes been speaking quite a bit and quite often and what he says sometimes definitely affects the markets. Try the last six sessions or since election day where we have seen the record rally run, and to the market, boy, is it considering, the market is continuing to stretch like a rubber band. Were on the edge of our seats watching everything from the dow to the russell 2000 which is one index slightly lagging at the moment. Barely. The transports, the choochoos and the airlines, doing unbelievably well, both major averages are getting tinged slightly in red after hitting lifetime highs earlier in the session. If these close lower, the russell will snap third record close streak and the transports snapping the two Straight Record close, to the dow, s p and the nasdaq, all in the green at the moment. What do we have here . Expected to close at record highs, they have hit lifetime highs at i said they were climbing with the Dow Jones Industrials, this index is on a tear, 19,710 with just 711. If the dow manages to close at a new record, that will be the fifth record close and longest stretch of records since july 20th when the blue chip index knocked seven consecutive lifetime finishes. The volatility index, the socalled fear index, folks, it is expected to close at a fourmonth low. Level, 11. 3. We saw that yesterday. But guess what . These levels havent really been seen in the 26 years that the vix has been in existence. So lets pick apart the names were watching. Media giant fox business Parent Company twentyfirst century fox struck a deal to acquire sky tv, at least the shares it does not own. 13. 50 for the 60 stake that is out there right now. The deal values sky at 12. 3 billion. While shares of sky shot up more than 25 , quickly check, twentyfirst century fox, the acquiror down just under 2 . Thats par for the course when it comes to the acquiror pulling back slightly. Minute i walked on the floor of the new york stock exchange, i started looking for the famed dow 20,000 hat. Let me show you something. All i had was a dow 19,000 hat with the tags still on. Why . Because that just happened five or six sessions ago. Dow 20,000 has almost snuck up on a lot of investors, even the pros, considering we just hit 19,000 last week. The dow 20,000 hats have been ordered. Where is peter, Peter Tuchman ordered the dow 20,000 the has, mayor coming monday. Peter, youre okay, one of the traders put in the big order. Traders at the new york stock exchange, cme group and the nymex talking about all this rally and the moves. Tim anderson here. Tim, we keep asking this and i dont want to be that negative, you know the one whos saying yeah, but, again were seeing significant moves and doesnt look like the rally loses steam . Were very close to the point where were too close to the end of the year to expect a significant pullback. Lot of performance driven portfolio managers, might want to go home at the end of the year with as little cash on books as possible. Liz you mean tile it in. Sure. Liz chris robinson, what are you seeing on the floor of the cme right now . Were going to get the 20,000 print thats coming. What to you do . What do you protect . In 22 days rallied over 13 . This is the time everybody is buying 20,000 hats, you got to be worried if we drop down to 18, 17, so now is when you need to get your protection, when this corrects, its going to be scary. Everybody is happy, we are going to have a correction sometime would. You be hedging . Explain. You guys at the cme are brilliant at buying hedges, how are you hedging . Please advise our viewers as a little downside protection. Yeah, well, one mini contract, one mini s p contract, you can protect 100,000 worth of stock. So one contract. We trade hundreds of thousands of contracts every day. You buy that, put option, that protections you in case we go from 20,000 to 16,000. Thats the protection. Liz whats a mini hedge costing. If you divvy up the money, you will spend between 3,000 and 4,000. But you dont have to spend that much. Liz okay. You do have the ability to protect yourself if youre worried about the stock market falling out of bed. Okay, let me say right now, the dow is up 109 points. We are continuing to climb. With 52 minutes before the closing bell rings, what do you see as a real opportunity, a buying opportunity right now, tim . I think the Energy Sector has a tremendous amount of potential to go higher. Oil held a lot of the gains from the opec agreement a week and a half ago, whats really intriguing about it is that the dollar has also been very strong. Liz so we have both which is rare, right . It is rare. Liz that brings me to Jeff Grossman trading oil at nymex. Tomorrow we have an opec and nonopec meeting in vienna. Does that have the potential to move oil higher than it already is right now. We see light sweet crude moving higher, 51. 47 in the aftermarket. Definitely. This is a very important meeting, if they do not shoot themselves in the foot and fight with each other, this market is working its way higher, whether you like it or not, liz, im sorry, we could be at the end of this year, i would say being reasonable could be in the mid 50s. Granted, everything has to fall in line and has to be a good consensus out of the meeting, which is always debatable, there is always the unlikely factor that there will be grumbling among some of the members, and well see that maybe change things, but right now im positive, ive been positive, contrary to popular opinion from you, but needless to say, were working our way higher. Liz right, i dont want to get our viewers thinking i got to watch this opec meeting. Remember i told you a couple days ago only five nonopec members made reservations to attend, now its nine. Tim, great to see you, chris, have a good weekend, and Jeff Grossman watching the oil markets for us. We love our traders. Guess what . We have the dow up 108 points, slightly off the alltime record here. 19,726 or so. Weve got 50 minutes before the closing bell rings, we want to get back into baton rouge, louisiana. We have live cameras trained on that stage, donald trump is about to address the crowd at this rally and actually a rally in support of Republican Senate candidate john kennedy. Lets go Connell Mcshane for a preview of what we can expect. Connell, youre at trump tower. Well split the screen and keep an eye whats going on. If we interrupt you it will mean the president elect is coming onto the stage. Reporter i know, liz, with Steve Scalise getting on the stage, we must be getting closer to the president elects appearance which was pushed back after meetings at trump towers. The thank you tour continues later on in grand rapids, michigan. Hes stumping for another political candidate today but also a chance to give thanks to some who supported him in the election. As he does that, he continues to put together this administration. We have a couple of developments to get you up to speed. By early next week, were hoping to have announcement made by the president elect as to his pick to be the next secretary of state. Weve been told that fox, from a person close to mr. Trump, Rex Tillerson stock on the rise, the ceo of exxonmobil and given serious consideration. Doesnt necessarily mean he would get the job, his stock on the rise. The likes of rudy giuliani, stocks on the decline. Mitt romney among others in consideration. That decision next week. A highly placed transition source told fox another big name for the Business World, gary cohn of Goldman Sachs is the selection to head up the National Economic council. Nec. Giving the president economic advice once in office. That was interesting. So all of that is happening. As we wait flower trump today moments ago at trump tower, local members of the new york delegation of the Congress Stop by and the security, we talked about it, so tight here at trump tower and costing so much money, these folks are pushing for more federal money to pay for it. Listen. It is an unprecedented challenge to protect the president elect and his family. We are at the busiest. Two of the busiest one of the busiest intersections in the entire country. Over 10,000 people walk past this site every hour. Reporter all right, liz, congresswoman Carol Maloney points out it is very, very expensive. They would like to see 35 million in federal money and the government allocated 7 million. One of the many stories were following. Back to you at exchange. Liz a lot is going on here. Youve been down here before. There is a little electricity on the floor as we watch this dow charge higher. We just got a new high, folks, up 119. Had been up 118. 19,734 with about 47 minutes before the closing bell rings, you could very well call that the continuing trump rally. Be sure to keep it right here for special coverage of all of the president elects movements beyond baton rouge, he is heading to grand rapids, michigan right after he leaves baton rouge. Hes not on the stage yet, but as soon as hes done, he will go grand rapids. Lou is working hard on this friday night, live, 7 00 to 9 00 p. M. Eastern, covering every step of this. Speaking of steps, how about a bunch of runs with the bull run so much up today. Easier to talk about what is down, the metals and miners. Whats up . One dow name that is jumping is pfizer, one of the fastest runners on the dow 30. Great news for people suffering from alzheimers and families. Pfizers alzheimers drug showing promise and early data. The next step will be testing patients with the disease. So were looking at pfizer right now. The leader on the Dow Jones Industrials all the way at the top. And have you how many times do i have to beat you guys up . Listen to charlie gasparino. A week ago, you would have known whats happening today. He flagged you the hot question today could Goldman Sachs president gary cohn be now the third Goldman Sachs alum to join Donald Trumps administration . Charlie broke it, and now hes got more on it next on countdown. Before we go to a break and were focusing on money and the markets, but need to give you a live look at the white house where moments ago president obama ordered all flags lowered halfstaff in honor of legendary former astronaut and senator john glenn and died yesterday at the age of 95. A true american hero. Well be right back. Whats with the dogsized horse . Im stressed trying to figure out this complex trade so i brought in my comfort pony. Well, you could get support from thinkorswims inapp chat. So you dont need a comfort pony. So what about my motivational meerkat . Inapp chat on thinkorswim. Only at td ameritrade. Liz breaking news. Donald trump has just now arrived and is speaking in baton rouge, louisiana at the getoutthevote rally, as the dow is up 130 points. Lets listen in to donald trump, the president elect. This one . But it was a big hangar. Bigger, and we have a hell of a crowd today but ill tell you, we have something. So what happens, i win, and then a week later im going over the count and it says louisiana, and it had names ahead of me for delegates. I said wait a minute, so i won the state. I got more votes than anybody by far, it wasnt even close, and the system is rigged i said, so you taught me and after that, we didnt let that happen anymore. We didnt let that happen. We cut it off. We cut it off. Its the past. But i want to thank you, this is an amazing, amazing state and tomorrow we need to you go to the polls and send john kennedy to the United States senate, and thats why im down here. [ cheers ] thats why im here, hes a great guy, hes a good guy, number one. Hes a good person, and somebody that id known over the years and somebody thats worked hard for you over the years, and now the big thing we have to get to people to go to the polls, if you go to the polls hes going to win. If you dont go to the polls, hes not going to win, if he doesnt win, ive got myself a problem in washington. You know we have, its pretty close, its pretty close, we need john in washington, not only for the vote, but leadership and everything else. If you go there, were going to win. Kennedy is a proven leader whose balance, which is amazing, 16 budgets, returned millions of dollars to taxpayers. Hes a tax cutter, and hell be a true fighter for louisiana in washington. He will be a fighter for you. So important. We need john kennedy in the senate to help enact our agenda, and we have to do it. Our agenda on behalf of the people of this state and for this country. That includes protecting the second amendment. Repealing and replacing obamacare [ cheers ] securing our southern border. [ cheers ] well build a wall. Thats right. Were going to build the wall. Well, if johns not, there we cant build the wall. Now i know youre going to come out. Were going to build the wall. Build that wall build that wall build that wall build that wall [cheers] this is louisiana. We dont need coats, right . We dont need the coat. And by the way, i dont need the hat either. Right . Who wants a hat . [cheers] all right, nice looking tall guy. Give it to that kid, come on. [ cheers ] were going to bring back our manufacturing jobs, reduce taxes big league, were going to confirm our nominee to the United StatesSupreme Court. [cheers] electing john kennedy will help ensure that government stops listening to the special interests and starts delivering for the National Interests for our country, the people, the people that showed up to vote. People that were forgotten people. You know what im talking about. Folks, youre not forgotten anymore, believe me. Nobody is forgotten. [ cheers ] i think the democrats are going to change their game plan next time. What do you think . The forgotten men and the forgotep women are not forgotten anymore, its time to deliver for you, the American People, to help me do that, i also need to you elect mike johnson in the 4th district. Another fighter for louisiana. Mikes father just passed away. Just passed away, so hes in our thoughts and hes in our prayers. Very amazing, horrible timing in a sense, just passed away, and he loves his father. I will tell you that, and his father was a great guy. So get through the and vote for johnson and vote for kennedy. Get out and vote. Working with these great louisiana leaders, were going to do Amazing Things for our country. Our plan begins with bold structural reform to create millions of good paying jobs, we lost our great jobs. Theres going to be a big part because youre in the energy business, more than most plac. [ cheers ] and were going to see refineries and were going to see pipelines and were going to see lots of things happening. [ cheers ] so get out there and vote. First on taxes, were going to undertake one of the great tax reforms and simplifications in american history. At the center of our plan is massive tax relief for the american middle class. Were also strikers, all right. You Better Believe it. Were also going lower our business tax rate from 35 all the way down to 15 so we can start hiring again. [ cheers ] and we are going to make it not so easy when Companies Want to leave louisiana and go to other states. Go to other countries. Go to other states, you know what . If you do, im sorry, you got to fight for yourself, right . But they go out, they go other countries, they make their product, they sell it back through a weak border, we have a very weak border, probably the weakest border, does it get weaker in the world than this . We fight for other countries so they can have a border, but we dont fight for our own borders, isnt it incredible . Its incredible. On regulations were going to eliminate every single wasteful regulation that undermines the ability of workers and companies to compete. On energy, you more than any other state, almost, we will cancel the job killing restrictions on the production of American Energy including shale, oil, natural gas and clean coal. [ cheers ] and you know we havent had refineries built in decades, right . Right were going to have refineries built again, folks. [ cheers ] we use refineries