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tough. in a few minutes, mr. trump meets face to face with e man yale marrone emanuel macron, the president of france. later he meets the queen at buckingham palace. oh, to be a fly on the wall. the president s negotiating from a position of economic strength. we can wait, china s in trouble, but investors do not like it. the dow s going to be down another 250, 260, maybe 280 points. that would be better than 1%. same loss or almost the same loss on the s&p, down about 27. nasdaq taking it on the chin to a tune of a -1.1%. big deal, big selloff. another big show on its way. varney & company is about to begin. we ll see what happens, but i m doing very well if i want to make a deal. i don t know that i want to make it, you re going to find out pretty soon. in some ways it s better to wait until after the election with china. but i m not going to say that, i just think that. i just tell you in some ways i like the idea of waiting til a after the election for the ....
growth in the april-june quarter. the growth trend is only down very, very slightly. this was a positive gdp report. and here is the market reaction, fairly muted. around 2:00 even this afternoon, we ll find out what the federal reserve is doing with interest rates. a quarter-point cut widely expected, but it s what comes after that, that has invest terse on edge. the dow s up a couple of points, same with the nasdaq. look at these stocks pre-market, facebook and apple. they report at four eastern today. we ll be watching to see how apple forecasts upcoming holiday sales. as for facebook, we want to know how many people droppedded off the platform with all that negative publicity. we also want to know if their ad revenue continues to surge. facebook and apple up pre-market. you ve got to look at this, california faces a real crisis today. the fires are raging, and today the wind picks up bigtime. our heart goes out to the millions without power and the hundreds of tho ....
god to be here. maria: investigation is turning criminal now dagen in terms of the origins to have russia probe, we are seeing more and more evidence of really exactly what went down as we ve been discussing for the last 2 and a half years. dagen: ability to enpanel panel a grand jury and with bob mueller, the way special counsel worked, he couldn t report to congress, technically john durham would be able to report to congress, again, being out like keeping congress and the public informed about what s going on is going to be very important and flies in the face of what the democrats are doing in terms of this process because it s not really impeachment. maria: you re right, we will talk more about that. amazon stock down, profits fell 26% from a year ago, the company s heavy investment in terms of speed up shipment, the stock is off of the lows last night this morning but still looking at decline of 5 and a half percent, set to lose $40 billion in market value at ....
sector, that is a slowdown. one hour from now, we ll know. watch that market. right about the same time, the president will begin his trip to florida, where he will make a speech, i think the title ought to be protecting health care from socialist disruption. it s probably not called that but i m making free rein here. usually when the president leaves the white house, he speaks to reporters. he may address the economy. whatever he says, you ll hear it and it will probably move the markets. there s news on the presidential campaign. bernie sanders is recovering from heart surgery and has canceled campaign events until further notice. obviously, there are questions about a 78-year-old facing another year of grueling campaigning. joe biden is taking a hit in the latest polls from his son hunter biden s business dealings in ukraine and china. here s my opinion. it s now elizabeth warren s nomination to lose. here s another opinion. that should worry wall street and it sh ....
us. we have all got a stake in the action. 55 million 401(k) holders, 35 million i.r.a. holders, union pension plans, government worker pension plans, all benefit from the trump rally. maybe records today. politics. this is the day the democrats define themselves and their party. in a couple of hours, speaker pelosi takes to the podium. she will try to bring a badly divided party together. they are split on impeachment and split on how far left to go on the green new deal and open borders. then tonight, there s the democrat debate. that too will define the party as it goes to the 2020 election. same story. how far left will they go. we ve got a big show for you guaranteed. we are dealing with vaping, guns and the europeans, yes, they are printing money again. varney & company is about to begin. stuart: here it comes. a tweet from the president moments ago. it is, i m going to read it for you, it is expected that china will be buying large amounts of our agricultur ....