merry christmas, happy new year, happy holidays, lauren simonetti, connell mcshane, don't go anywhereer this. the world is alive as you can see, this time of the year is so much more than a bow and a tree. (morgan vo) those who give their best, deserve the best. get up to a $1,250 credit on select models now during the season of audi sales event. ♪ maria: next weekend on the program hope you'll join us, we have a titan in venture capital world, alan is my special guest, investment ceo john walks us through what he's expecting in 2019 and i will see you sunday morning this weekend on the fox news channel for sunday morning futures, big show coming up. cardinal timothy dolan along with john ratcliffe and congressman david joining the program. smart weekend days on fox business 6:00 a.m. eastern mornings with maria, that will do it for us today, happy holidays from all of us fox business family to yours, merry christmas. see you again next time. ♪ >> hello, and welcome to "wall street journal" at large. now, from the moment the last vote was cast in november's midterms, the speculation r

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melissa: thanks i signed on to my phone as connell mcshane. connell: i wouldn't do that.sa: especially when i do something illegal, i tell my phone i'm you. connell: i was thinking that. that chik-fil-a story sounded very believable. melissa: not using your phone to pay, none of that. three times this week, this phone number went into this pitch them kfc. did you notice the way you get pitched ads shockingly similar what you're doing even though you haven't typed anything in about it? connell: i hear people denying that is true. look at instagram. i don't know why this ad is for me. well you did look up -- face aing leadership challenge. prime minister theresa may triggering a potential confidence vote. that is another big thing over "brexit." where do we go from here? we'll tell you we go to london and ashley webster next. so lionel, what does being able to trade 24/5 mean to you? well, it means i can trade after the market closes. it's true. so all... evening long. ooh, so close. yes, but also all... night through its entirety. come on, all... the time from sunset to su

connell mcshane is in for neil cavuto. have a wonderful christmas. connell: you, too, merry christmas. thank you for this market you have given us today. what a mess. thank you very much. welcome you to "coast to coast." i'm connell mcshane filling in for neil with an hour left in the trading day. this brutal december continues for stocks. treasury secretary steve mnuchin appears to maybe spark some new fears in his attempt to calm investors over the weekend with calls that he made to bank ceos. the dow down 400 points. you also have the president going after the fed again. that brings us to blake burman to start off our two hours here from the white house with what ordinarily would be a nice calm day, the day before christmas, blake, but that never seems to be the case anymore. take us through first of all the treasury secretary's call with these ceos. reporter: christmas eve should be a nice day where you roll up the computer, kind of see where the day takes us. not today, though. the president once again going after the federal reserve. he sent out

i'm connell mcshane filling in for neil cavuto.y. what was your observation of what we have all watched over the last two and a half hours or so? >> well, this was a special man. this was a man with incredible coura courage. look, he loved his country, he adored his family, he did what he thought was right. what else can you ask of a man? he reminds me -- my father was a little bit younger than george bush, but my father at age 17 enlisted in the navy to fight the japanese in the pacific, and when i learned about that, i thought wow, my father did something special but it turned out that's what that generation did. george bush did it, bob dole did it, alvin buchholz, my father, did it. it was part of what tom brokaw called the greatest generation. there was something about devotion and about giving, and i don't know that i've seen a more emotional moment or a photograph that captured so much of american history than the photograph of bob dole standing up to salute his former colleague, his former rival, his fellow soldier. so it's

connell mcshane and melissa francis pick it up now. the "after the bell" starts right now. e're dealing with selloff on wall street on this friday. major averages deeply in the red. third day in a road. government shutdown fears play into it. melissa: i don't know about that. connell: well, well the uncertainty created maybe? i'm with you. i don't think it is the top concern. melissa: okay. connell: china trade concerns came into the market late in the day. we'll talk about peter navarro. dow settling in here 422 points to the downside. extending a week of losses. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." s&p 500 also ending in the negative but the tech-heavy nasdaq the biggest loser, ending in bear market territory. all three major

connell mcshane is here to take you through the next hour the looks we'll not avoid that. connell: after those paul ryan comments looks like we have a mess or messes. i'm connell mcshane filling in for charles payne. we're jam-packed the next hour. we talkstocks falling near session lows. down almost 500 points on the dow seemingly because investors seem to have no idea what to expect next on a number of different fronts. the dow and s&p are currently on track to put up the worst numbers in december since the great depression days, 1931. have we officially said good buy to the santa claus rally? seems that way. shutdown fears, one of the factors investors are worried about to some degree at least. government shutdown to neil's point, appears more likely by the minute. president trump tells republican leaders he won't sign a stopgap funding bill passed in the senate. we'll go live to capitol hill to get the very latest for you coming up. a new report finds top drug make remembers getting ready to raise their prices. all that and more coming up on this jam-packed hour on maki

neil: connell mcshane likes pumpkin lattes. connell: we don't get half of gasparrino's jokes. >> it's a thriller. connell: thank you one and all. good afternoon. i'm connell mcshane filling in for charles payne. we're on "making money." tough environment to make any money. 10 hours until the government shut down timeline. at this point seems all but certain the shutdown is colling. president will not give democrats border funding he wants. the question now, if the government shuts down, how long will that shutdown last? certainly that is one factor at play in markets today. stocks are down again after a early rally on hopes for a flexible fed. only five trading days left now in 2018. if you do want good news, how about online holiday shopping surpassing records over $100 billion. we'll talk about that and a whole lot more on this hour of "making money." ♪ connell: down 200 points on the dow, two hours away from partial government shut down. the house approved a package with president trump's $5.7 billion request for border fundi

connell mcshane and melissa francis pick it up now. the "after the bell" starts right now. connell: we're dealing with selloff on wall street on this friday. major averages deeply in the red. third day in a road. government shutdown fears play into it. melissa: i don't know about that. connell: well, well the uncertainty created maybe? i'm with you. i don't think it is the top concern. melissa: okay. connell: china trade concerns came into the market late in the day. we'll talk about peter navarro. dow settling in here 422 points to the downside. extending a week of losses. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." s&p 500 also ending in the negative but the tech-heavy nasdaq the biggest loser, ending in bear market territory. all three major averages seeing the worst week since 2011. that's not good. connell: no. melissa: more on big market movers. here is what is new this hour. scrambling to strike a deal. the deadline to avert a partial government shutdown just hours away as the senate struggles to bring the house approved spending bill

connell mcshane in for charles payne. this market took course of its own, bud. connell: i'm connell mcshane in for charles this week. say let's get through the next few days. the old santa claus rally could be around the corner in. that is the glass half full view. we'll talk about coming up. with less than five days to go before the government would shut down. the white house holding firm on the border wall. we have new reporting on that subject from our own blake burman. reaction from congressman tom reed. there is ruling from texas that could give the supreme court a chance to pull the plug on obamacare once and for all but will this end up backfiring politically on republicans? we have all that and more coming up what will be a busy hour, "making money." we're down almost 400 points for the dow jones industrial average. global concerns. uncertainty what the fed might do, more importantly might say later this week. so it does bring up that question, will investors get the santa rally that they seem to be waiting for and hoping for? we have s&p investment advis

lauren simonetti and the host of after the bell, connell mcshane. love talking to my colleagues. you think about the year ahead? it's been a great year in terms of the economy, but now there's all these worries that things are going to slow down. >> we started 2018 so strong. remember the world economic forum? i thought the buzzword of davos was synchronized global growth. maria: you're right, exactly right. >> and then it became, well, the u.s. is stronger than the rest of the world, and now it's a synchronized global slowdown, and i think that goes into at least the first half of 2019, because we have big issues that don't have results, and we've got three new issues handed on our plates this week; the pullout of syria, the fed hiking interest rates, two more next year, and what happens with spending and the government shutdown and the border wall. maria: you're absolutely right. >> i think it's, if you think about the difference between when president trump took office and now just in terms of the overall environment, when he came in, one of the first things he did -- a lot of

let's get the rate from john lonski, connell mcshane and not least, deirdre bolton.ve a rhyme for you. we can think of something. deirdre, what do you make of this now sudden concern the fed doesn't hike. >> i know, darned if you do, darned if you don't. a lot of the worries we saw were trade worries are worries about the fed raising more aggressively for quicker than previously thought. now a lot of other things going wrong in the world. the fed has said we are concerned in monitoring global growth and we're beginning to see chinese trade and inflation data, japan's economy surprisingly contract did. germany we export data. in france is a hotbed. so there is a lot to monitor now for the fed and maybe that's even more pressing at them before. i could worry investors because her stainless end, the underpinnings are strong. the global growth is slowing but the growth looks pretty good. however, all the rest of this dimension begins to affect u.s. growth at the problem. >> it's clear they're watching markets. >> they very much are. the last rate hike, the 10 year treasu

steel ceo david on after the bell for exclusive interview with connell mcshane praising the president's trade moves. >> we actually see these tariffs as being enduring for the foreseeable future. look at what the results have been with this president. he's getting a lot of things right here certainly for steel, it's a very good thing, taken courageous president a lot of support from a lot of people to do the right thing, get us a level playing field so we can have fairer trade. lauren: domestic steel production has risen 5% this year alone. cheryl: well, is morgan stanley getting special treatment from the new york stock exchange? lauren: tracee carrasco joins us more on that and the other headlines making news this morning, this could go to sec, tracee? tracee: new york post report that is the new york stock exchange gave special treatment to morgan stanley broker who asked to trade large blocks of stocks for several minutes after the markets closed according to post last friday exchange officials looked the other way and gave the broker until 4:08 to complete last-minute transactions,

i'm connell mcshane in for neil cavuto. now charles payne. charles: thank you very much. we're looking at joint base andrews where the bush family is gathered. this is the final journey for george herbert walker bush aboard air force one renamed for this one particular moment, back to his home state of texas after more than a two-hour service both moving, fun, it was just really, i thought, had the right tone and sort of was the right sentiment, the ultimate sendoff if you will for a husband, father and former president of the united states. very touching, very moving. also brought back memories perhaps of a bygone era. maybe more partisanship, certainly more, more reaching across the aisle, in a whole different world, not just in washington but perhaps in the united states of america, in general. you can see the motorcade now, proceeding toward, towards the plane. there is the hearse carrying the former president, president 41, george herbert walker bush. as we watch these images we're joined by jay lefkowitz. he worked for both bushes. director of cabinet affairs for ge

connell mcshane in for charles payne. this market took course of its own, bud. ll mcshane in for charles this week. say let's get through the next few days. the old santa claus rally could be around the corner in. that is the glass half full view. we'll talk about coming up. with less than five days to go before the government would shut down. the white house holding firm on the border wall. we have new reporting on that subject from our own blake burman. reaction from

i'm connell mcshane. >> i'm charles payne. in for melissa francis. this is after the bell. rket movers. first is here is news this hour. connell: he wants the

i'm connell mcshane. >> i'm charles payne. in for melissa francis. this is after the bell. more on big market movers. first is here is news this hour. connell: he wants the wall top democrat says republicans don't have enough votes for the wall. >>> punishing saudi arabia for the murder of "washington post" columnist, jamal khashoggi. the saudis about to defy president trump on another issue we'll talk about. >>> facebook opening a pop-up location trying to teach users about privacy. so "after the bell" decided to pop over and ask tough questions ourselves. charles. charles: markets ending in the green. another volatile day. not as volatile. gerri willis on floor of new york stock exchange. hey, gerri. >> this is boring day, right? dow up 69 points, s&p basically flat. once you get under the surface real interesting stuff going on. look at the leaders an laggards. industrial, consumers leading. mcdonald's, proctor, 3m look at those. laggards, nike, visa, goldman sachs, home depot, travelers, a mix of stocks on these two lists. want to get you to general electric. big headlin

connell mcshane to get ready for the fed announcement one way or the other. money," i'm connell mcshane filling in for charles payne. the breaking news as i'm sure you know we are seconds is away from the highly anticipated decision for the federal reserve. they are expected to raise rates fourth time this year. what we are looking for is the statement. what they say about the future. at bottom fed chairman news conference with jay powell. here is the decision with edward lawrence. reporter: the federal reserve raises interest rates a quarter%. we're in the target range of 2.25 to 2.50%. the federal reserve sees two rate hikes next year, down from three. one more in the year 2020. the fed changed one word in the federal open market committee statement. the one word is some, gradual rate hikes. they will see later on. federal reserve sees long term newt tall 2.8%, down from 3%. federal reserve expects to reach neutral by end of 2019. during the meeting, three federal reserve members moved their projections down. that is changes some of these. the federal reserv

connell: i'm connell mcshane. the good news it is friday. melissa: there you go. is is "after the bell." we have team coverage of all going on the crazy markets. gerri will

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." gerri willis on floor of new york stock exchange. phil flynn at cme and our own hillary vaughn is at the white house. we'll start with you, hillary. reporter: good afternoon. president trump really declaring a 90-day trade truce with china during a heart to heart at g20 in argentina, with chinese president xi xinping. the trading partners agreed essentially to relationship reset. top white house economic advisor larry kudlow saying this at the white house lawn just moments ago. >> ambassador lighthizer will be in charge of shall we say enforcement, monitoring and timetables. there is nobody better than him in the business and i'm sure he will keep, try to keep china on track. they literally can start today. president trump made very clear he is our lead negotiator. nothing will happen without president trump -- president trump by the way has been very involved in the details of this. reporter: kudlow saying he is cautiously optimistic and really saying that a lot of the push for this

neil: connell mcshane likes pumpkin lattes. half of gasparrino's jokes. >> it's a thriller. connell: thank you one and all. good afternoon. i'm connell mcshane filling in for charles payne. we're on "making money." tough environment to make any money. 10 hours until the government shut down timeline. at this point seems all but certain the shutdown is colling. president will not give democrats border funding he wants. the question now, if the government shuts down, how long will that shutdown last? certainly that is one factor at play in markets today. stocks are down again after a early rally on hopes for a flexible fed. only five trading days left now in 2018. if you do want good

connell mcshane is here to take you through the next hour the looks we'll not avoid that. s looks like we have a mess or messes. i'm connell mcshane filling in for charles payne. we're jam-packed the next hour. we talkstocks falling near session lows. down almost 500 points on the dow seemingly because investors seem to have no idea what to expect next on a number of different fronts. the dow and s&p are currently on track to put up the worst numbers in december since the great depression days, 1931. have we officially said good buy to the santa claus rally? seems that way. shutdown fears, one of the factors investors are worried about to some degree at least. government shutdown to neil's point, appears more

connell mcshane for the next hour. nders, respond to crosscurrents, possibility of a government shutdown. interest rates could go up tomorrow. the president made it clear, if you think about it, connell, don't even touch that dial. if they do, can you imagine? connell: we're on empty podium watch. very good for ratings. that's why i'm happy to be on. good to see you. talk to you more. i'm connell mcshane filling in for charles payne. we welcome you at this hour to "making money." we're waiting for sarah sanders. the white house was holding a press briefing. we thought it was half an hour ago. you should know these things get delayed. today's has been delayed. uncertainty over government shut down, investigations, michael flynn sentencing or lack thereof. sure to come up. we'll bring you the briefing with sarah sanders live when it happens. could be any second now. >>> plus, bounceback today on wall street. we see green all over the screen. dow mounting a comeback of what was

connell: i'm connell mcshane. the good news it is friday. melissa: there you go. connell: this is "after the bell." we have team coverage of all going on the crazy markets. gerri willis on the floor of the new york stock exchange. susan li in the news room. edward lawrence in washington. phil flynn watching all the action at the cme. gerri, you get to go first. >> i tell you the traders are happy to close out the week. the dow down 559 points. as you just said, that will be down 4.5% for the week. markets across the board. index is down 4% and change. take a look what dragged this lower. financials people are focusing on right now. in the dow, jpmorgan chase down. american express down. financials a big drag. this is reaction to flattening yield curve. other sectors, nowhere to run, nowhere to hide. industrials, technology, also dragging on the dow. look at worst performing stocks from today. united health, boeing, 3m apple, ibm. what is going on here? it is all about china trade. that was the biggest issue today i can certainly tell you that not just traders but i

blake burman for connell mcshane this is "after the bell." the s&p 500 also finishing in the green. got you covered from wall street to washington. gerri willis on floor of new york stock exchange. phil flynn at the cme and we'll talk with kevin hassett about today's market volatility. we'll talk to gerri first on the floor. >> what a day. late this afternoon, someone told me, gerri if we finish down 100 points on the dow, that would be a hugely successful day. look what happened, up 256 points on the dow. amazing turn around from down 611. s&p 500 is in positive territory as well. nearly a full percentage point. nasdaq ending positive as well. this is not what the markets expected today. a major turn around. good news, especially standing back, consider the previous trading session was up 1000 points on the dow. so, we've got the dow for the month still down pretty dramatically, about 12%. so, want to see some more turn around in these stocks for folks. but i wanted to step back to look at sectors for the year, what has gone on there. we've seen energy down 31%. materials down 19.

i'm connell mcshane. lauren: i'm lauren simonetti, this is "after the bell." the

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the s&p 500 down about 2%. with the downturn bringing the tech-heavy nasdaq into negative for the year. russell 2000 closing in bear market territory as liz said. go straight to gerri willis on floor of the new york stock exchange. gerri, did oil play a big role? >> absolutely. it is a big role here, let me tell you why. west texas intermediate went below 50 bucks a barrel. at new york stock exchange people are worried about a global economic slowdown. that seemed to confirm their fears. they didn't like that. stocks in the category having a heck of a time, the energy stocks down. market as you say down 2% across the board. the dow, s&p, nasdaq, even russell 2000 down that much. one stock we watched today, twitter down 7%. and why? because they accidentally exposed the ability to pull an account phone number country code this could actually hurt people who may have been whistle-blowers or political dissidents. the company saying that they fixed the problem. but the stocks really sold

ohio senator rob portman spoke to connell mcshane yesterday. he's looking for from mary barra. listen. >> this is a huge plant that produces the cruz vehicle. i understand the cruz is not selling well. that's a market condition. what i don't understand, why this plant, an award-winning plant, got a j.d. power award this year for being effective, competitive, why they can't be used for other products. that's what i'm talking to them about. let's not save the cruz. that's up to the consumer. let's bring in another product that can be made there. >> the retooled plant, do something different. that's what he's asking for. sherrod brown, the democratic senator from ohio tweeting a video that g.m. had of a plant in mexico they're building. he said instead of celebrating the ground breaking of their new plant, g.m. should use the tax break to retool their lordstown plant in ohio and save the jobs of 4,500 workers. now that he wrote would be worth celebrating. >> shepard: anything new from g.m.? >> they said they would lay off 14,500 folks. they said m

i'm connell mcshane, this is "after the bell." we have you covered from washington to wall street on this crazy day. first, gerri willis on floor of new york stock exchange. >> what a day today, you guys have it right, we're down 791 on the dow companies doing a lot of business in china falling. 3m down 2.9. apple here interesting. because they fell dramatically as well, down 4%. they had some stocks specific news. their shares downgraded today. financials, also doing horribly as well. jpmorgan down 4.3%. citi down 4.6. bank of america down 5.8%. so big trouble in financial land as well. you can see the regional banks here having trouble as well. their selloffs bigger in fact than the big money center banks. i want to talk about treasurys and the flight to quality. we saw people piling into bonds, specifically treasurys, government debt. spread between the three and five-year yield inverting the first time in a decade. 10-year yield at a 3-month low. this was unnerving for traders all day as they were watching that very closely. a

connell mcshane. melissa: i'm

kristina: i'm kristina partsinevelos in for connell mcshane. this is "after the bell." we do have session highs for the day, ending what you saw was pretty green monday. this is final coverage on final trading day of 2018. gerri willis on floor of new york stock exchange. phil flynn watching action in oil. edward lawrence, don't worry we'll get to you in washington, d.c. start with gerri. tell me what is going on. there how is everybody feeling today? >> everybody is feeling great. i can't remember a day where we start higher and ended higher. that is happened with 268 points on the dow. the dow for the month down 10%. the dow had the worst december since 1931. that is 87 years. very difficult time. dow this year, bad performance for entire year. largest one year point and percentage decline since year-end 2018. we were down 1566 points for the dow. that is 6.%. that is the biggest drop since the financial crash. the dow down 6.7% for the year. s&p 500 down 7%. nasdaq down 4.%. hope springs eternal though. traders called it a day we would end higher. that is exactly wha

connell mcshane. melissa: i'm melissa francis. we have president trump on the hunt for new chief of staff as congress races against the clock to avoid a government shutdown. there is no deal in sight. ahead of high stakes sit down between the president, nancy pelosi and chuck schumer tomorrow. chuck and nancy. we're live with the white house with the latest on that one. protests shut down the eiffel tower. nearly 1000 arrests during violent riots in paris. french president emannuel macron is breaking his silence. addressing the nation this afternoon. little, too little too late there, maybe? google's turn in the hot seat. tech giant ceo will face lawmakers tomorrow amid a series of scandals, including alleged bias against conservatives. what to expect on capitol hill. connell: a lot going on today. in the market as lot going on intraday with the dow recovering after being down more than 500 points early. follows british prime minister theresa may's decision to postpone a key vote on "brexit." fox business team coverage of all this

do in for connell mcshane. do we have any reason for the catalyst. >> i have a producer talking in my ear. i'm assuming you're talking to me. but yes, we're seeing a 1600 point swing from monday. i was here when it was down 353 points literally today. the traders are way more excited today. there seems to be more, i just hit him, there is a mood. what are we seeing in the markets? seeing technology on the you swing. consumer discretionary. microsoft being up there. microsoft being up there. amazon, retail sales moving markets. when you saw strength in consumer confidence. fact retile is up 5.1%. amazon not giving us numbers but tens of millions of new people joining prime. an interesting story with verizon and at&t. sorry, verizon and disney. all the media companies. verizon and disney. what verizon has done, sent all of their co subscribers a letter today. even one of our producers received it. it warned people they may not have access to disney-owned channels. think espn. want to watch the rose bowl? want to

in connell mcshane and for neil cavuto. great to be with you. have a great chris ms. you live back here on monday. sure into a good sunday morning, everyone. thanks so much for joining us. i maria bartiromo. join us i had exclusively on "sunday morning futures." mark meadows this year. he told president trump as members that have the president's back partial government shutdown. senator david perdue on when the stalemate might end. plus also coming up, congressman on his pending investigations into the trump administration. republican john ratcliffe on what happened now to the gop probes into the fbi and the doj. plus general jack keane is here on the fallout from the modest recognition. my conversation with new york archbishop timothy dolan as we look ahead on "sunday morning futures" right now. americans getting partial government shutdown for christmas spirit will continue until at least thursday of this upcoming week when the senate has its next session. a big stumbling block in negotiations is putting the president to border walls with demanding $5 million to fun

i'm connell mcshane this is "after the bell." s&p 500 touched a 16-month low today. tech-heavy nasdaq lower, came back and dipped earlier in the day into bear market territory. we got you covered washington to wall street. we'll get a live report on the trading day from gerri willis on the floor of the new york stock exchange but blake burman at the white house with all that was happening or not happening there. you first. take us through it. reporter: hi there, connell. think you're coming to me. we just heard from president trump there a little while ago saying some principles are worth fighting for and because of that, he is following through on his threat to potentially have a post shutdown here come tomorrow night at midnight. that would involve 25% of the government. here is the issue at play. the president wants $5 billion at least for border wall, border security, somewhat modifying that it could even be for steel slats, considering those things are steel and see-through. there was a bill up that was passed by the senate last night. but the president saying t

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell. we have you covered from washington to wall street. a live report from outside of the federal reserve. start with gerri willis on the floor of the new york stock exchange. gerri, take it away. >> okay, frowning faces down here absolutely. an intraday swing as connell said, 894 points t was all about the federal reserve today. traders down here did not like the rate hike, not one little bit. exactly anything that the federal reserve had to say. let me show you though the dow laggards right now. apple, nike, intel. these stocks are down and down hard as we come into the close here. you can see these stocks down 2% and more. take a look at apple down 3% and oil, that is the good news today, after falling for three days, oil is actually higher today and that after the energy information administration said that domestic crude supplies were down 500,000 barrels. that's good news in thatmarketp. 47.44 for crude. i want to tell you a little bit what was going on the equity side. six of left

i'm connell mcshane. this is "after the bell." the s&p 500 kind of fighting for gains. it is up higher. nasdaq in positive territory snapping what was a three three of 3 day down streak. much more on the big market movers. here is what else is new this hour. we're looking at washington intense negotiations underway on capitol hill. lawmakers are still not able to reach a deal to avoid a government shutdown. now the trump administration is looking into other ways to possibly fund the president's border wall. we're live with the latest from the white house. >>> plus new calls to boycott facebook. the tech giant is under fire once again for its response to russian interference in the 2016 election. we have the latest defense from the company. >>> targeting your tax cut. the democrats plan to roll back the president's signature achievements. melissa: back to the markets. the dow snapping a two-day massive is losing streak. go to gerri willis on the floor of the new york stock exchange. gerri. >> let me tell you, what a day, back and forth over the break. we've been open for

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."ri willis on floor of the new york stock

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." gerri willis on floor of the new york stock exchange. we wan to go right to her, gerri >> down 500 points on the dow jones industrial average. this started first thing this morning. negative economic news for china and europe. that started markets trading across the board. j&j, johnson & johnson, story from reuters that the company knew all about asbestos in its talcum powder for decades and did nothing about it. the stock is losing 47 billion in value down 10%. j&j telling fox business it is an absurd conspiracy so they're fighting story big time. their stock is down dramatically here. want to go back to market levels. nasdaq turning negative for the week. that is a very big selloff. it joins the dow jones industrial average and s&p 500 are already there. guys, back to you. connell: go to the market panel on all of this. lindsey bell and jack hough is here. you hear from professional investors saying things like liquidity drying up. you heard algorithms taking over the market for cou

connell: what a day, i'm connell mcshane reporting today from a u.s. steel plant just outside of pittsburgh. in many ways the perfect place to be as global trade remains front and center for these markets. while the president's tariffs may bring tension to some, we're told only bringing higher profits here. we have the ceo of u.s. steel live from here, his very own plant coming up on a special edition of "after the bell." melissa: wow, great stuff. back to that huge move in the markets today, the dow ending the day in the red but just barely. i mean we were down all day long. we saw this massive swingback on the final hours of trading on the back of that news of the federal reserve potentially taking a break from the rate hikes. that's where we saw the market really sky market almost to positive territory, down 77 points. we have gerri willis on the floor of the new york stock exchange. phil flynn is watching the action in oil at the cme. blake burman is live at white house but first let's start with deirdre bolton who is live in the newsroom with the

as she said i'm blake burman in for connell mcshane and this is "after the bell." we have got you covered from washington to wall street. only one more day of market trading for the year. that's it. as we enter as well day seven of the partial government shutdown. gerri willis is watching these volatile markets from the new york stock exchange. phil flynn covering oil from the cme. and hillary vaughn is standing by at the white house as the budget battle continues there. first let's head on over to gerri. hi, gerri. >> let me tell you what a week a lot of long faces around here. people are tired. it has been so volatile. 850 point intraday move on the dow yesterday. it has tuckered out traders. many of them going on vacation. what you're see something low volume here as some of the guests are saying. the dow closing down6 points. we thought it might end positive for third day in a row -- 76 points. s&p 500 down but marginally so. the nasdaq pretty much flat-lined as well. the markets for this year down for the week, higher, they would like to see more of that down

i'm connell mcshane filling in for charles payne. we welcome you at this hour to "making money." we're waiting for sarah sanders. the white house was holding a press briefing. we thought it was half an hour ago. you should know these things get delayed. today's has been delayed. uncertainty over government shut down, investigations, michael flynn sentencing or lack thereof. sure to come up. we'll bring you the briefing with sarah sanders live when it happens. could be any second now. >>> plus, bounceback today on wall street. we see green all over the screen. dow mounting a comeback of what was a two-day drop of more than 1000 points, up 179 at this hour. the question is, one of the questions, will the fed put an end to all the volatility we've been seeing in the markets or just add to it? the fed is underway as we speak. analysis coming up on that. >>> oil prices have been tumbling, they're down again today to $47 a barrel, gas prices awe he no are down as well. the debate is on good news or bad news? economic slowdown or maybe a tax cut for the consumer? a little bit of both? w