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Losing streak to finish on a positive. In the meantime though, more fallout from the swiss currency mess. Now some Retail Investors may be getting hit hard with no safety net. Well explain whats going on and show you how the impact there is much wider than the swiss franc. Oil rallying today but still solidly below 50 a barrel. Though you might not want to get comfortable with that too much. We have chris with us today from moodys. He says he sees oil back at 80 again and soon. What would drive it back to that point . You dont want to miss this interview later on the closing bell. Consider me dubious. I want to hear what he has to say. Nobody thought wed be this low in the first place but thats how markets work. We are up 101 points on the dow in the final hour of trade. The s p bouncing back nicely as well, up 16 points. Back above the 2,000 mark. And that nasdaq take a look. You have similar gains across the s p and nasdaq. Th ....
Hi, don. Hi, suzanne. Thank you very much. Im don lemon. Brooke is off today. The eyes of the world are focusing now on the white house. Within the next hour, congressional leaders will begin to arrive for what is likely to be a very tense meeting with the president. This is perhaps the final effort to avert the tax increase that is expected to cost the average family several thousand dollars a year. Four days remain to reach an agreement, get it passed by the house and the senate and signed into law by the president. Were talking a long shot here. Now, want to show you the players. President , there in the middle, democrats nancy pelosi and harry reid. Republicans Mitch Mcconnell and john boehner. Those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. And we expect them to enter through a side door on the west si ....
But we begin with this breaking news. Historic and deadly flood waters in West Virginia, at least 23 are dead including two children. Thousands remain without power after a heavy rainfall which lasted up to eight hours. The threat of popup showers remain a concern this morning. Meanwhile, the hot weather pattern continues this weekend across parts of the state. The weather channels kelly cass has the forecast. What are we in for . Hey there, alex, were looking at a very hot and sticky day. Its our last weekend of june so you tend to expect that this time of year. Much of the south temperatures well into the 90s, but you factor in the humidity, its going to feel more like the triple digits. There is a chance we could see popup showers and storms in texas and florida. You are loving life in the northeast, though, beautiful weather from philly, new york on up to boston. Plenty of sunshine here. We are going to have to watch for severe ....
Happens fast. Would you like to testify to special Counsel Robert Mueller . Thank you. I would like to, i would like to, he says, as hes walking out the door. Dowds departure comes 11 days after this tweet from the president , complimentary tweet. Failing New York Times falsely wrote a story saying im unhappy with my legal team on the russia case and im going to add another lawyer to help out. Wrong, he says. Im very happy with my lawyers, john dowd, ty cobb and jay sekulow. They are doing a great job and dot dot d dot, dot, dot. It comes at a crucial moment. Im told by sources inside the white house the president simply grew frustrated with john dowd in recent days, questioning his ability to lead the legal team as they deal with this response to the special counsels investigation. But this isnt just about john dowd. What this speaks to is a larger frustration from t ....
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