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tv   FBN AM  FOX Business  February 6, 2019 5:00am-6:00am EST

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we must choose between greatness or gridlock, results or resistance, vision or vengeance, incredible progress or pointless destruction. tonight, i ask you to choose greatness. [ cheering and applause ] gerri: president trump delivering a unifying message in a state of the union address last night, extending an olive branch across the aisle. will critics grab on and will the speech rally markets. lauren: all eyes on general motors, will it deliver on the high hopes it gave investors in early january and how is gm trying to turn things around following a round of layoffs.
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cheryl: remember this, the famous egg that dethroned kiley jenner. we're finally getting a crack at what it's all about. lauren: the s&p 500 is giving back 4 points this morning, dow futures are down 42. cheryl: taking a look at europe this morning, you've got red arrows, all three indexes are down. lauren: most asian markets are closed for the lunar new year. the p japanese market is open, the nikkei gaining a tenth of 1%. "fbn: a.m." starts right now. cheryl: it's 5:01 a.m. in new york, it is wednesday, february 6th. good morning. i'm cheryl casone. lauren: welcome back, cheryl. great stuff at the super bowl and now we have the super bowl of speeches happening last night. i'm lauren simonetti. thank you for joining us. cheryl: it's the super bowl of
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washington, president trump delivering his state of the union address last night. he called for unity and he touted a strong economy with house speaker nancy pelosi seated right behind him. lauren: the president urging congress to provide funding for a border wall. >> an economic miracle is taking place in the united states and the only thing that can stop it are foolish wars, politics, or ridiculous partisan investigations. [ cheering and applause ] we are now making it clear to china that after years of targeting our industries and stealing our intellectual property, the theft of american jobs and wealth has come to an end. [clapping] >> in the past, most of the people in this room voted for a
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wall but the proper wall never got built. i will get it built. [ cheering and applause ] >> america was founded on liberty and independence and not government coercion, domination and control. we are born free and we will stay free. [ cheering and applause ] >> all americans can be proud that we have more women in the workforce than ever before. [ cheering and applause ] >> we also have more women serving in congress than at any time before. [ cheering and applause ] >> usa! usa!
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usa! usa! >> not only did judah narrowly escape death last fall, more than seven decades ago, he narrowly survived the nazi concentration camps. today is judah's 81st birthday. [clapping] ♪ happy birthday to you. ♪ happy birthday to you. ♪ [clapping] >> thank you! >> we must always keep faith in america's destiny, that one nation under god must be the hope and the promise and the light and the glory among all the nations of the world.
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thank you. god bless you. and god bless america. thank you he ver very much. lauren: president trump standing firm on immigration, but he did not repeat threats to declare a national emergency as many thought he would last night. cheryl: yeah, about the border wall. let's go to the democratic response. former georgia house minority leader stacy abrams strongly criticizing the president's speech. >> making livelihoods of our federal workers, a pawn for political games is a disgrace. the shutdown was a stunt, engineered by the president of the united states, one that defieded every tenant of fairness and abandoned not just our people but our values. under the current administration, far too many hard working americans are falling behind, living paycheck to paycheck, most without labor unions to protect them from even
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worse harm. the republican tax bill rigged the system against working people. this administration chooses to cage children and tear families apart. compassionate treatment at the border is not the same as open borders. president reagan understood this. president obama understood this. americans understand this. and rather than suing to dismantle the affordable care act as republican attorneys general have, our leaders must protect the progress we've made and commit to expanding healthcare and lowering costs for everyone. so even as i am very disappointed by the president's approach to our problems, i still don't want him to fail. but we need him to tell the truth and to respect his duties and respect the extraordinary diversity that defines america. lauren: bernie sanders delivered his own response last night.
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>> when you're president, you bring our people together but in an unprecedented way, that is not what this president is doing. in fact, he is trying to divide us up. lauren: the vermont senator also said the president didn't mention climate change, medicare or social security. cheryl: for more on all this, let's bring in raul alviar and genevieve wood. genevieve, a former rnc spokesperson and senior advisor at the heritage foundation. good morning. >> good morning. >> good morning, cheryl. lauren:.cheryl: the president a big call for unity. >> we must reject the politics of revenge, resistance and retribution and embrace the boundless potential of cooperation, compromise, and the common good. [ cheering and applause ]
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cheryl: raul, take a look at nancy pelosi there. she actually pointedly cleveland her hands in president trump's face. is this the beginning of unity? >> look, i think at the beginning his speech started off in the right tone and was going in the right direction but then as the meat of the speech went in the wrong direction and i think it was extremely divisive and i don't think it was a speech that is looking to unify folks. i think he missed an town actually talk to -- missed an opportunity to actually talk to everyday americans. cheryl: i don't know, raul. a new cbs poll that was done after the speech said that 76% of americans actually approved and 80% of those that were independents actually said they approved of the president. maybe this is the one night we get a little bit of
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bipartisanship. let's talk about the issue of immigration. it was an hour of 22 address. 15 minutes of that he talked about immigration. listen to what he said about the working class in the middle of this. >> no issue better illustrates the divide between america's working class and america's political class than illegal immigration. wealthy politicians and donors push for open borders while living their lives behind walls and gates and guards. cheryl: did he move the needle? >> i think that he did. i'll tell you why. the poll numbers you mentioned, it wasn't just cbs, i saw a cnn poll found that over 60% of folks thought it was a good speech as well. the president was right to point out that when it comes to immigration, many of the people in that room are folks who do have security around their homes but there are lot of middle class americans and working class americans that can't
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afford that and they deserve, the whole country deserves a secure border. this is a divided house. we had an election. democrats control the house. nancy pelosi was sitting behind him. he talked about compromise. he didn't just talk about a wall. he referenced that. he talked about the importance of that factor. he also talked about increasing law enforcement. he talked about making sure we had humanitarian aid. he pointed out that all the things he was talking about were the very thing the people in that room, including democrats, voted for previous. cheryl: nancy pelosi knocked him afterwards and said he didn't talk about gun violence. one of his guests was a police officer from pittsburgh that was shot several times at that synagogue. do the democrats miss the mark that the president was trying to reach across the aisle? >> no, i think -- that's a very good point. there were also people in there that were affected by gun
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shootings and mass shootings like the kid from parkland and so i think it's a valid point to make that point to say hey, look, there was something that was missed and that wasn't talked about and this is an important issue that people care about. cheryl: we care about jobs. we care about the economy, genevieve. he didn't talk about the fact that we're sitting on $22 trillion in debt. do you think that was a missed opportunity? >> well, look, no president, whether republican or democrat, likes to talk about the debt. most state of the union speeches are laundry lists of new programs. i was glad to see the president didn't do that. there wasn't one program after another that we never talk about how we're going to pay for. he didn't mention we have a $22 trillion debt. that breaks out to $68,000 for every man, woman and child in the country. we're going to have a fight coming up on the debt limit. the president needs to tell congress, members of both parties, we're not going to
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increase the debt limit. if you guys don't get serious about budget reforms and actually get spending under control. cheryl: he did mention 5.3 million new jobs created under the administration. there are tax cuts that are helping many americans. so much to unpack with this, guys. thank you for getting up early. >> thank you. lauren: apple's retail chief unexpectedly leaving the p company. hillary vaughn joins us with more on that. hillary: angela aarons will be saying good-bye to the company in april to pursue what they call new and professional pursuits. deirdre o'brien will take aaron's place and also stay at her current role. she will oversee 500 retail stores in five continents and their online retail presence as well. cheryl: android users
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discovered a fake at&t 5g icon. are iphone users seeing the same thing? hillary: a lot of people are saying this is a little bit misleading. iphone users on at&t will now also see a 5g icon when checking how many bars they have on their phone. the company confirming that they are changing their 4g lte indicatoindicator to 5g. users are saying it's not really being upfront about what's happening. no users have access to 5g networks and the change doesn't make your phone faster or give you better cell phone reception. the change will affect anyone running the new apple update, ios 12.2 beta released on monday. lauren: the record-breaking instagram egg is back. hillary: h yes. it finally cracked open to spread awareness for mental
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health and suicide prevention. the egg went viral and grabbed more likes than kiley jenner's most liked instagram photo, gaining more than 18 million to beat jenner's record. images showed cracks on the shell and cracked open and the website links to mental health awareness websites and suicide prevention sites as well. lauren: we'll see you in a bit. thank you so much. cheryl: we'll be right back. [cell phone rings] where are you? well the squirrels are back in the attic. mom? your dad won't call an exterminator... can i call you back, mom? he says it's personal this time... if you're a mom, you call at the worst time. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. where are you? it's very loud there. are you taking a zumba class?
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cheryl: we are halfway through earnings season. we'll get another round this morning. the list of companies reporting includes general motors, 21st century fox, the parent of the fox business network, human that and eli -- humana and eli lilly also reporting. watch "mornings with maria" for the results from both gm and 21st century fox. lauren: snap surprising analysts last night, reporting record high revenue after the closing bell.
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that has shares soaring, 22% in the premarket. let's write in the tech analyst ian wishengrad to unpack snap and the pretty good results. the loss narrower than expected, record revenue of $389 million. is snap out of the woods? >> it's hard to fall off the floor, truthfully. [ laughter ] >> these numbers would be like rounding errors for facebook. i think we need to remember that the snapchat that we were originally focusing on that was meant to be one of these tremendous unicorns was one zuckerberg wanted to grab for $3 billion and spiegel said no and the minute that instagram copied their stories he feature, it's never been the same for them. they didn't grow their users. they've been penalized so harshly to date. notice they have incredible --
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unless they have incredible innovation, this is not a new segment. if you're an investor, there's not anything there for you. if you're a trader, there's something there but i don't focus on those items. lauren: let's pull out the one year chart. this tells the story that you can't fall further than the floor. the shares lost half of their val glue the past year. kiley jenner, she no longer uses snapchat. did they totally lose their niche cool factors? is there nothing left for the country? >> when have you a loyal user base, you can extract more from them, you can serve them more ads, i'm not doubting their ability to monday ties 186. >> dan: 1 -- monetize 186 million people. kiley just kind of buried it with a death nail last year. they were always known as the guys that blow you away with
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incredible product innovation. they said we're a camera company, we have glasses. if evan spiegel could muster up a hail mary and come up with something that we couldn't imagine that brings people to the platform, that changes everything, maybe. but it seems like it's not possible. lauren: despite the 22% pop the shares are getting right now, this is an ouch of a company. they have 186 million active users. disney reported last night. espn, the subscriber unit, had more than 2 million paid subscribers in just under a year and that's just going to be one of three streaming services that they're going to have. talk about that a little bit. >> sure. espn sports, make the entire cable bundle work and sports are the one thing that you can't dvr and save for later. it's a big live tv driver. the news for them is disney plus. the real thing there is they have an incredible library you can't get anywhere else.
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when they pull their content off other platforms, you find yourself buying movies all the time and watch these. this will be like the ott package for every kind of disney and superhero movie and everything you want to do i think the economics will just at justify. they're not combining espn with disney. they've done a really good job executing. i'm a big believer in bob iger. i think he'll find a smart way to land this business. lauren: the cost is $136 million, that was the quarterly loss. dyou think this isgoing to pan a spending item that will pay off for investors in the future. >> i think that's to be determined. i think disney is one of those incredible brands and disney is a brand and owning pixar and marvel are the ones that you will see the movie and look at
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it, it's a seal of quality and they have a brand that has not lost trust along the way. you need to invest in technology and do this to make a bet in the you future. if they lose, it's not a killer. they have a smart organization that has business that provides real revenues. they're not just trying to make advertising dollars. they have licensing and subscription fee as well. lauren: thank you very much. cheryl: taking a look at futures the day after the state of the union address by the president. actually a little red right now, dow down 38, s&p down 4, nasdaq down 7.5. still ahead, the president called out socialism last night in his state of the union and democratic congresswoman alexandria ocasio-cortez not happy about it. >> tonight, we renew our resolve that america will never be a socialist country. >> he needs to grasp at a time in the past and this is his way of doing it. cheryl: more on how the left is reeling this morning.
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cheryl: welcome back. let's get you caught up on what's happening now. taking a look at futures the morning after the state of the union, slightly lower, s&p down 3 3/4. russia has announced it will build new missile systems after its new clunker pac nuclear pac. scrapped. mike pompeo said the u.s. would withdraw from the treaty signed in 1997. amy klobuchar will make a
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decision on a 2020 presidential run. she teased a sunday announcement. she is visiting iowa later this month, a common trip for presidential hopefuls. beto o'rourke spoke with oprah winfrey yesterday, saying he would make a decision about a possible presidential run by the end of the month. he would be facing an uphill battle, though. according to a recent poll, he's near the bottom of the democratic pack, he polled at 6%. joe biden led the field. elizabeth warren at 11% in that poll and she is apologizing again to the cherokee nation for calling herself native american and taking a dna test to try to provprove it. she label herself american indian on a texas bar card in
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1986. krispy kreme is giving away he free valentine's day donuts, that's today. they're inspired by sweetheart candies. the donuts come with the purchase of any menu item. lauren: i'll be lining up for those, cheryl. cheryl: those look good. lauren: the state of the trump economy -- >> we are considered far and away the hottest economy he anywhere in the world, not even close. lauren: is the hottest economy about to cool off? and tesla opens up an amazon store. but wait until you see what it's selling. you're watching "fbn: a.m.." >> don't sit yet. you're going to like this. we also have more women serving in congress than at any time before. [ cheering and applause ] >> usa!
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cheryl: taking a look at your money the morning after the state of the union address, a little bit of pressure on your markets, dow down 32, nasdaq is down 5 1/2. taking a look at europe, red arrows there as well. the ftse, the cac and dax in the red and then finally to asia, most of those markets still closed because of the lunar new year but the nikkei gaining a fraction of a percent. lauren: all right. let's talk about the state of the union as well as the state of the economy. president trump talking up the state and the strength of the economy during his state of the union address last night. >> the u.s. economy is growing almost twice as fast today as when i took office and we are considered far and away the hottest economy anywhere in the world. not even close. lauren: let's get investors'
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reaction to trump's assessment. we bring in dominic divela, and doug flynn, certified financial planner and co-founder of flynn zito capital management. let's show you numbers. we have futures down this morning and if you look at the president's first state of the union address, in 2016, the market was up, and to his address to a joint congress in 2017 it was up 1.5%. why are we down this morning? doug? >> sorry. lauren: doug, that was for you. >> thank you very much. lauren: how would you know that if i didn't say your name. >> it's fine. it's fine. i don't pay too much attention to the short-term of what happens after a kind of like a rah, rah speech for him, preempting his get me rehe'll lengthed next year -- reelected next year speech.
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he does have good numbers. we've had 100 straight months of job growth, we've averaged many jobs each month since he's taken office. after the run we had in january, the market may be taking a he breather. that's to be expected. lauren: 5 million people off of food stamps, record low unemployment for certain minority groups, cutting the red tape for businesses, yet bernie sanders had this to say. >> yes, the economy may be great for those folks but it is absolutely not booming for the nearly 80% of american workers who live paycheck to paycheck. desperately hoping that their child doesn't get sick, praying that their car doesn't break down or that they don't lose their job. lauren: dominic, what do you make of that?
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>> well, look, we've gone now through 24 months of unbelievable growth, growth that brain surgeon economists said wouldn't be possible any longer. at this point in the game, the democrats do not want to give trump any credit whatsoever. does he deserve credit? we can argue back and forth all day long. the reality is, the economy has been fantastic the last 24 months. the democrats have to argue that he doesn't get any of that credit. and this is clearly an opportunity for them to say hey, things are great but maybe not all that great. lauren: they might get greater or worse, depending on your perspective and it has a lot to do with trade. listen to the president here. >> -- lauren: do we have the sound? it's sound on the reciprocal trade act. essentially this is what the president wants and this question is for you, doug, wants to make it easier for him to impose tariffs. he's getting pushback from even many republicans, saying tariffs
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increase the cost for consumers. i was curious your thoughts on the reciprocal trade act. >> my thoughts are that consumers have more aftertax income than they've had in a long time and it's increased substantially. the amount of debt they have is the lowest in 35 years. the personal economy of people is quite good. there's room for him to play with china and get a better deal which is what they'r what he's . they're feeling the i'm papght of the tariffs. they -- impact of the tariffs. they have more to lose than we do. he has wiggle room. he's trying to t get u get us ar term, better deal. that will be much better for everybody. people are unwilling to take a little bit of pain to better long-term solution but as a business owner, you get that. i think that's what he's trying to get across while he still can. lauren: dominic, goldman sachs said yesterday that the gains that they saw for all of 2019 kind of happened already in the
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month of january. what do you make of that, being flat now for the rest of the year. >> i don't want to be disagreeable with them. the gains we've gotten so far in january i think is the realization that the economy is not going to go into a recession, that we're not going to have this global synchronized recession. some of the negativeness is coming out of the market and we're recovering. going forward it's going to be about earnings and growth. we haven't got of gotten off toa stellar start. lauren: the fed is where we need them to be, right? >> we've taken that risk off the table. that helps a lot. maria.lauren: dominic, doug, tk you for coming on. cheryl: get ready, tesla and amazon have teamed up for a very unique retail experience. lauren: hillary vaughn joins us with more on that. hillary: good morning. tesla launching their amazon store to sell branded merchandise for super fans or
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anyone who wants to flaunt their logo. the electric car maker launched the store this week, offering tons of flag options from iphone cases to sweatshirts and model cars. they already sell accessories. the move could signal more products coming from tesla to amazon soon. prices range from $25 for a snap back hat to $250 to a model car. cheryl: you can now unsend a message on facebook. sometimes you didn't mean to hit send. hillary: exactly. so now you have the option to go back in time at least for 10 minutes. you've got to make a jump on it. facebook users have a 10 minute window to change their mind about a message. they can click the unsend feature that's going to roll out in the messaging app. it deletes the message from a thread but it does let the recipient know you did send a message. it will save the message for a
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period of time to make sure it's not reported. lauren: kfc sometimes sells consumer products, a log, a candle, and now a creepy rug, hillary. hillary: this is out of control. so chicken lovers now have a chance to win essentially a bear rug but instead of a bear face and paws that you normally see spread out in front of a fire, it has the head of colonel sanders at the front with hands and feet at the sides and it's really a life-like rendition as if he was hunted and skinned alive. so if that gets you in the mood for valentine's day, you can enter the online contest on reddit. you also get fried chicken pajama onesies, a gift card and a subscription to an online streaming service. there's a few other perks along with the colonel sanders rug. lauren: and the bottom of
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champagne chilled in a bucket of ice. cheryl: they have a great marketing department, hillary. you've got to give them that. hillary: it's so creepy, i kind of want it. lauren: i'm with you, in a weird way. cheryl: let's take a look at futures, the morning after the state of the union. right now, little bit of a loss, dow down 44, s&p down 5, nasdaq down 9 1/2. general motors set to report their latest quarterly results this morning. but thousands of its workers are being handed pink slips. how the president of gm is trying to turn things around. ♪ you live you for your pink cadillac. ♪ crushed velvet seats.
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lauren: general more tosser will report fourth quarter earnings before the opening bell tonight. analysts expecting earnings per share of $1.22. it is the first report since gm announced they will lay off up to 14,000 workers and close up to five major plants. jeff flock spoke to the gm president at the flint plant that is not closing. >> this is the heavy duty, right? >> it is. it's the sil silverado with a gt snowplow that i kind of wish i had. we have two new powertrains. we have a 6.6-liter gas engine, 20% more torque. we've got a new allison 10 speed transmission with the dura max.
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legendary combination. >> this is a huge money maker for you. >> it is. these are taken about 40% of the buyers here will use these to make a living and work which is really important. that's why we have five different versions of it. a lot of people have dual use with recreation, campers, whatever they're towing, which is very important. we've got to be able to have a great truck that's refined to drive every day too. >> made in the u.s., in this plant here in flint which you invested over $1 billion. >> $1.2 billion since 2009. new paint shop, new body shop, 1,000 new people coming to work. >> some of those coming from plants which you decided to what you call unallocate. >> unallocated. >> nothing will be going on there. >> we haven't decided what's going to happen there yet. those people will have the first opportunity to come work in flint. cheryl: let's bring in jeff bastien to talk about that. they are adding 1 you thousand
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jobs at the flint -- 1,000 jobs at the flint plant but they're cutting 4,000 white collar jobs. is this what wall street wants for the new direction of gm? >> it most definitely does. wall street definitely wants this for general motors. they want gm to be rationalize their best, most profitable assets, that means the heavy he focus into suvs and pickup trucks and moving completely away from sedans, which is an ongoing trend in the u.s. industry in general. and the other part of it as you mentioned, white collar workers being laid off, it's the focus on profitability and making sure gm can stay up with having lots of cash flow to support the dividend of the stock as well as to reinvest back into the business. if there's anything about the car business, it requires a lot of capital to keep coming up with these updated models and what have you every year. cheryl: u.s. sales were down a little more than 2-point a 5% in the fourth quarter -- 2.5% in the fourth quarter.
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they had a problem in china which is something they're going to address this morning when the earnings come out. china sales down 25% in the fourth quarter. are you expecting more bad news for china? >> i think we will see more of that in the gm call. as far as the impact on the stock, i don't think we're going to see that much. i think investors are largely sort of looking beyond these sorts of problems. we all know that china's economy has been slowing down and of course there have been fears so far unfounded about our own economy doing that. all that's been factored into the decline that we saw in u.s. stocks and with gm stock going into the end of the year and a big rebound, 17%, 18% that we've seen in gm shares since the start of the year. no, i don't see much impact where it counts in the stock price. cheryl: dealers are saying that they've got unsold cars. you mentioned the sedans. but people love their trucks. they love diesel trucks.
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that seems to be powering the numbers for gm, even the electric vehicle production they've been ramping, it's the cash from the diesel cars that seems to be helping the bottom line. >> and in some ways you can look at that and it's a virtuous cycle so far. if our economy does slow at some point, it's going to mean a big hit for general motors and of course there's also an ongoing situation we see in the electrical -- in electric vehicle situation, as far as there's a huge number of new electric vehicles coming onto the market, not just from general motors but from a range of international automakers and that's going to be a situation they're going to have to deal with. cheryl: no matter how much the administration or the republicans complain about job losss in the auto industry, it's what you want to buy and it may not be an american car. thank you for being here.
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appreciate it, jeff. >> thank you. lauren: let's take a look at futures. the dow is down by 47, the s&p is down 5, nasdaq down 10. at yesterday's close all three major averages at the highest level since december 3rd. still ahead, a brutal scene as patriots fans in boston take to the streets to celebrate the team's big super bowl win. what happened there, just ahead. and can you picture this? wedding guests are waiting for the happy couple to cut -- that's not a cake. it's a giant cheese wheel. that's next. cheryl: i like cheese. ♪ take another little piece of my heart, now, baby. ♪ break it. ♪ brea take another little piecf my heart.
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lauren: let's get you caught up
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on what's happening now. futures to the downside this morning. the dow is off 40 points. it would be down if it closes lower, the first lower close in six days. the federal reserve is adding a new element to the next stress test for big banks. how they would handle a 6% increase in unemployment to 10%. the banks will have to prove to the fed that they can survive this scenario and if they fail they face restrictions on payouts to shareholders. test submissions are due in april. a 24-year-old texas man was killed after his vape pen exploded as he was using it. a metal piece came off the device and severed one of his arteries. he had bought the vape pen moments before and he was trying it out in a parking lot. the new england patriots celebrating their sixth super bowl win in the streets of boston. more than a million fans came to see tom brady and the team. but it was not all positive. an all-out brawl broke out
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between the patriots fans. you see punches flying, multiple knockouts. no word yet on what led to the massive fight. everyone in the studio is looking at this fight. what caused this. we want to know. calling all cheese fans out there. yes, costco is selling this, a 24-pound wedding cake that's made out of cheese. it features five different types from around the world like danish blue and spanish goat cheese aged in wine. the cost, about $440. cheryl: you know, that fight in boston and people wonder why everybody hates the patriots. there you go. you won. lauren: and you're still fighting. cheryl: you're still fighting. coming up, how did president trump's state of the union address play out overseas? we're going to get market reaction from across the pond. we'll be right back. ♪ we were singing bye, bye, miss
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cheryl: reaction to the president's state of the union last night, michael houston chief market analyst, well, sir, what did you think? >> slightly underwhelmed. let's not forget with just over 3 weeks away from potentially tariffs going up on chinese $200 billion worth of chinese goods by extra 15%, there was expectation we might hear something on that, we didn't. the markets responded well for the underwhelmed. lauren: michael, opec are trying to formalize a partnership with
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russia, does this give russia too much power? >> well, it doesn't chime with what we are hearing from russian oil companies this morning suggested that they we wanted to ramp up production to record levels in 201 t. so that suggests to me that ultimately russia will do what it want and as long as they can keep oil prices between 50 and $65 a barrel i think they would be broadly happy. lauren: thank you for joining us right here on fbn:am, special edition of mornings with maria starts now. ♪ ♪ >> you're watching a special edition of mornings with maria. maria: good morning, everyone, live from washington, thanks for joining us, i'm maria bartiromo, happy wednesday to you, wednesday february 6th, top
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stories before 6:00 a.m. on the east coast. striving for unity, standing his ground president trump puts agenda last night in second state of the union address, we have all the highlights as the poll shows americans gave him a good review. earnings are in focus this morning, disney posted better than expected results for the first quarter, that was after the close last night. more on that and plus look at general motors later this morning. broader markets this morning ahead of open this morning, we are expecting a lower opening with dow jones industrial average currently down 30 points, s&p 500 lower by 4 and nasdaq down almost 10 points right now. hit unsend, now you can recall messages on facebook, how it works coming up. celebrating the super bowl win, more than 1 million people filling the streets of boston to honor patriots, the moment that is went viral coming up. mornings with maria begins right now. ♪
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♪ maria: we kick it off this morning with state of the union address, laying out some of his administration major accomplishments as well as future policy objectives, watch. >> there is a new opportunity in american politics if only we have the courage together to seize it. [applause] >> victory is not winning for our party, victory is winning for our country. the u.s. economy is growing almost twice as fast today as when i took office and we are considered far and away the hottest economy anywhere in the world, the

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