what's at work with the nasdac? well semiconductor stocks, the chips are weighing on the nasdac because one name, taiwan semiconductor which is an apple supplier cut its out look for global chip growth saying do you know what? we're seeing weak demand for the iphone 8. well of course, you know, you get the domino effect here specifically hitting apple shares which are tumbling about 2 2/3% on the news currently apple is one of the worst performers on the dow shaving off nearly 30 points from the blue chip index but another tech a-lister is rolling in the green at this hour looking at amazon jumping about 1 2/3% although actually off its earlier highs after announcing for the first time ever a stunning milestone. 100 million prime subscribers. i'm one of them, so i guess i'm one of 100 million but they've never broken out that number before and now, jeff bezos, the ceo said there are 100 million of you. that news putting netflix shares under pressure as some analysts raise concerns about amazon's increased spending o

let's look at the s&p 500 and nasdac both rallying into the close as well the nasdac the best performer on a percentage basis hi, i'm lauren simonetti. i'm in for melissa francis. david: i'm david asman a very important day to watch fox business news because this is the news network that started the ball rolling with that extraordinary interview with larry kudlow, the chief economic advisor for the president. that is what turned this around. such an amazing turnaround. we haven't seen anything like this before. this after the bell stocks starting their big climb a little after 10 a.m. eastern this morning that is when larry kudlow spoke with our own stuart varney here is a taste of what he had to say. >> i think that at the end of this whole process, the end of the rainbow, there's a pot of gold and if you open up that pot , you'll see better economic growth, more trading going on, improved wages for both sides. david: anything in particular that larry kudlow said that changed this market around we're going to share that to you in just a few moments but first to gerri willis at the new

let's look at the s&p 500 and nasdac both rallying into the close as well the nasdac the best performers hi, i'm lauren simonetti. i'm in for melissa francis. david: i'm david asman a very important day to watch fox business news because this is the news network that started the ball rolling with that ex

. >> listen thanks trish and thanks to your co-anchors if they stick around the nasdac is about to breaksession losing streak the longest we've seen in two and a half years, facebook and its friends are what's driving an earnings- inspired rally on wall street, overall we've got lots of green on the screen, the nasdac is up 135 points high this session up 136 we're almost there. the dow charging ahead by nearly 300 points on the busiest earnings day of the first quarter. but wells fargo under

tough day for investors market breadth was obviously lopsided both the new york stock exchange and nasdac 580 advancing stocks this against more than 2400 declining stocks, volume was even more worrisome down volume outpaced up volume 10:1 on the new york stock exchange more than 5:1 on nasdac. so, rough start to the second quarter the dow down 107 points before the crowd finally emerged still the selling carnage was felt in every sector of the market and key themes were uncertainty and negative speculation over things that may or may not happen and headlines triumphed over real life developments and trends amazon taking the biggest one day point dropping in its history after president trump weighed in on its uneven deal with the u.s. postal service which is the notion that there's little the white house can do about the retailing giant. i mean the stock wouldn't have been down much if maybe the white house didn't have leverage but that being said i still think the stock is over sold and i don't think a lot will be done including even a big internet sales tax. meanwhile, facebook continue

the bull certainly we do now have the dow jones industrials down 209 points the s&p lower by 15, nasdache dow three names, pretty much representing more than 65% of the dow's losses here goldman sachs, boeing and jpmorgan, two financials and of course boeing because russia says maybe we're going to slap tariffs on boeing equipment so listen we're watching all of it for you at the moment it's not a great picture, but we need to show tesla because apparently there's a better picture if you listen to the ceo don't throw shade at tesla or you might find yourself on the receiving end of ceo elon musk's wrath after the economist ran an article about an analyst 's call on the electric car manufacturer, elon musk tweeted the economist used to be boring but smart with a dry witt. now it's just boring. tesla will be profitable and cash flow positive in the third and fourth quarter so obviously no need to raise money. that's why the stock is looking as good as it is take that tesla shorts let's go to nicole on the floor of the new york stock exchange for our business brief. nicole: well liz elon m

. >> listen thanks trish and thanks to your co-anchors if they stick around the nasdac is about to break a five-session losing streak the longest we've seen in two and a half years, facebook and its friends are what's driving an earnings- inspired rally on wall street, overall we've got lots of green on the screen, the nasdac is up 135 points high this session up 136 we're almost there. the dow charging ahead by nearly 300 points on the busiest earnings day of the first quarter. but wells fargo under the gun again? new revelations again that this time it may have been pushing its clients out of less expensive 401 (k) plans into more expensive bank-run ira's. connell mcshane tracking the latest outrageous accusation hurled at the banks that was fined just a week ago a billion dollars for other inappropriate but unrelated behavior. what is going on at wells fargo? the french president headed home after trying to persuade president trump to change his mind on trade, steel tariffs and iran all issues causing big business to slam on the brakes but companies navigating the global uncertainties

plunging on friday by the close the dow was down 572 points, the s&p 500 was down 58 points and the nasdaclunged 161 points in step with the massive volatility and for now it's still just a lot of tough talk on both sides of the pacific so the markets have it wrong. is there hope washington and beijing can negotiate? gordon chang is the author of the coming collapse of china. one of the experts on china and it's good to see you this morning. >> thanks maria. maria: is this the right attack the president is taking? >> it's absolutely true. you've got to remember that what china is doing especially for the last six or seven years especially under the current ruler has become especially closing off their markets attacking foreign companies and also attacking domestic private companies so you know this is really the emphasis on state enterprizes and this is completely unsustainable as the president said on friday if he could ignore it but he wouldn't be doing his job so he's doing absolutely the right thing. maria: but the markets are getting nervous about this and think this is going to resul

liz: the markets closing the day mixed the dow down 11 points to end the day at 24, 311 the nasdac endinghigher tech stocks getting back gains amazon for the market high more on what all this means for you and your money

average into the green for the month of april up about a quarter percent much like the s&p 500 the nasdac squeezes out a small gain, and a quick comment here on disney and twitter. well disney is actually going to create live sports, entertainment shows for twitter. back to you. liz: thank you, nicole now to this story israel's prime minister benjamin netanyahu revealing documents he says proves lies to the world about its nuclear program was cheating for years on obama's 2015 nuclear deal but did the obama administration know about iran's cheating we're on it the details are next. >> so these files conclusively prove that iran is brazenly lying when it said it never had a nuclear weapons program. it's easy to think that all money managers are pretty much the same. but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better.

and the quarter, the dow dropping more than 700 points before shaving nearly half those losses, the nasdac turning

, as that has happened, we've seen that sell-off continued to in the big tech sector, charles the nasdacy as we know down about half a percent now for the year has wiped out all of its gains if you look at some of those big movers amazon down 4.5% although i should point out up 24% for the year still remarkably, facebook down nearly 3% netflix also down 5% and as you can see tesla has a world of bad headlines out there also down 5% now the question is what do we do from here? with the tech sector let's not forget that led us into record territory up significantly over the last eight months because so much money went into these big tech companies now that money is coming out i spoke to one trader who says maybe the valuations are correcting themselves. let's not forget we mentioned the facebook data scandal we have amazon in a twitter battle with the president, we have tesla with a multitude of bad headlines including that fatal crash of a tesla vehicle, so individual stories are bringing these stocks down but it's just one big downward drop, charles and once that gets going, it's hard to