Palestine 7 months later. Johnson leading a congressional field hearing into what happened there plus markets in a slump with oil, inflation, global uncertainty, all that and more rattling stocks, telling you what is going on with your money. The Biden Administration floating the idea of using Atlantic City International Airport in new jersey to house migrants. The mayor of where that airport is located is not on board. We will talk to her life coming up. I am david asman in for neil cavuto and you are watching coasttocoast. Our top story, money dump at the pump. Us gas prices soaring to the highest seasonal level in a decade, second highest level while cuts are driving global diesel prices higher. Right into the is this with chuck devore and Senior Analyst phil flynn. Good to see you. The price of regular is up 0. 07 in august, the price of diesel was up 0. 42 in august. Diesel expects the price of everything. Wise diesel up so much . Combination of factors. The main reason is lack of
Stuart i always like to sing along. The microphone is closed. Good morning, everyone. It is 10 00 eastern. Straight to your money. I see some red. The dow was up one hundred 50, the nasdaq down 75 points. The bottom righthand corner, six winners of 30 dow stocks, the 10 year treasury yield, where is it . It is up a little bit at 4. 29 , the nasdaq upset. The price of oil going up a fraction lower today, just hit 87 a barrel. Watch out gas prices down the road. Bitcoin 25,700 as we speak. Latest read on the Service Sector. What do you have, ash . Ashley 54. 5, the other estimate was 52. 5, the Service Sector has expanded now, one dollar and 0. 50, 8 months in a row, interestingly the manufacturing side of things has contracted 10 months in a row but a solid result on the service side. Check the markets, now this. You could, if you tried really hard make the case that things are not so bad in america. If you look on the bright side the unemployment rate, bring up job openings nearly 9 mi
Stocks right now are moving mixed, the dow and s p lower, the dow down 87 points, but the nasdaq is up 27 s. And what do we have . We have this month which has a very bad reputation. For the last 77 years, the s p has averaged a threequarters of a percent loss during september. Now, historically it is known as the worst month for the index. And if you go back to 1928, that loss worsens to an average fall of 1. 1 . Yes, the stats back with up that bad reputation, but its not necessarily predictive, folks. And if the last two weeks are any indication like you see on your screen, that big run iup we saw runup we saw could mean the bulls are emboldened this time around. When we keep an eye on this holidayshortened trading week, air travelers are keeping an eye on the flight monitors. We have this breaking news, United Airline shares are moving lower by 2. 5 at this hour after a temporary but pretty serious or nationwide ground stop. Weve got matt finn joining us now from los angeles with t
The temperature may go up to 94. The summers supposed to be over but not quite yet. Its 11 00 eastern time. It is tuesday morning. Straight to the markets, please. The dow is now down a mere 60 points, s p down 9, nasdaq down 16. So were coming back a little. Show me big tech, please. Weve got a mixed picture earlier, same again now. Microsoft and meta are up. Apple, alphabet, amazon are down. Lets check out the 10year treasury. Earlier it started to move up significantly, its still moving up significantly. 4. 25 on the 10year treasury. Not necessarily that good for the nasdaq. Now this. The open border has been a headlinemistaking story for two years. The president has escaped serious political damage. Thats changing. As the migrants move into our cities and towns in very large are numbers, the political fallout is growing. Democrats are getting the blame. Democrats are turning on each other. New york city Public Schools are bracing for opening day this thursday. 19,000 children in te
From a nowlikely partial shutdown which could affect everything from Student Loan Repayment assistance to Mortgage Loan applications, to air travel. Hillary vaughn is live from capitol hill with the details. Everythings changing. Whats the latest, hillary . Reporter hey, david. Well, were looking at the impact that a possible Government Shutdown might have on the stock market. Historically, a short or long shutdown does not have a major impact on the stock market. Research shows during the last 20 shutdowns dating back to the 70s, stocks have been up 50 of the time during the actual shutdown, and a year after the shutdown of ten days or more, other Research Shows the s p 500 gain on average 18 . But a shutdown, long or short, certainly devastating to the individuals who are temporarily without pay and also the Small Businesses that a rely on people showing up to work in government buildings for tear customer bas. Immediately, any federal worker that is deemed not essential will stay ho