. >> fox business team coverage jackie deangelis is on the floor of the new york stock exchange and blake burman is at the white house and hillary vaughn is in vegas. let's kick it off with hillary. >> president trump wrapping up her rally with supporters in las vegas, he is spending his time taking shots at democrats were fighting for a shot to take him on in general election. >> why did you bring that up when you were screaming at me, why. he was gasping for breath. i can't rea brief breathe. pocahontas won that debate but i cannot respond. >> instead of campaigning here in las vegas, mike bloomberg is focused on trolling trump instead he put up these ads around the airport so president trump will see one of them on his way in or out of the rally, today the ads are not political, they say things like donald trump cheats at golf and to get under trump skin the focus is about president trump and it's turning to fundraising, a lot of candidates campaigning here are trying up. elizabeth warren's campaign had to take out a 3 million-dollar loan even though they say february has been the best

let's go live to jackie deangelis at the new york stock exchange with daytona's latest back-to-back winnerver denny hamlin. take it away. jackie: good afternoon, ash. thank you so much. congratulations to you. what a w got to tell me how it . >> feels pretty good. i need some time for it to sink in. everything is so new and fresh. i haven't really had too much of an opportunity to sit back and enjoy it and kind of think about how things went down. but obviously it's a great feeling to be here celebrating it. jackie: speaking of how things went down, it was a very dramatic end to the race. ryan newman, not life-threatening condition right now, thank goodness. your thoughts on that and your reflections on how it ended? >> it was tough. he was so close, he was in a three-way battle with myself and blaney and you know, it ended up bad for him, obviously, but those two battling down there, you know, things can happen and we know in our sport, things can get dangerous. sometimes we take for granted how safe these cars have been over the last few years. but certainly, you got to think about it, w

jackie deangelis on floor of the new york stock exchange. blake burman at white house, susan li awaiting uber's quarterly results. let's start out with jackie. reporter: good afternoon, to you, melissa. a great day across the board. dow closing up 88 points. looks like it will settle out. let me go through these. the dow on pace for the 114th record close under president trump. just gives you a sense after the state of the union, after like connell said, impeachment stuff has been settled, investors feel more confident. that china news helping. that china is implementing phase one deal. that is what markets wanted to see. steve mnuchin was on "mornings with maria" earlier and he said would china roll back more tariffs. he said we're holding it in our back pocket, as we do the phase two negotiations. something to watch for for sure. things propelling the dow higher. boeing was a big problem. a software problem identified here. the faa thinks it could be resolved rather quickly. boeing shares were up 3.6%. microsoft doing well, up better than 2

jackie deangelis is at the big board with more of today's action. reporter: good evening, the coronavirus rattling the market, seven straight days of selling and all three ending and correction. many declines of more than 10% from record highs. it was the worst week on wall street since the financial crisis and the dow closed down 357-point but for the week, the iconic index lost 3580 points. rushing out of equities and oil, the riskier assets, moving into the safe haven of u.s. treasuries. the ten year note seen record lows under one point to percent in terms of the yield. the volatility today unnerving traders on the floor and investors alike was back-and-forth at session lot, 1085 before the market was able to less painful flow. the federal reserve weighed in and jerome powell saying the fed will use the tool and act as appropriate to support the economy. liz: thank you jackie. remember we've had a pretty complacent called market. volatility has been historically low. let's get to kelli, the spokesperson for the super pack. america first, it is g

lauren: all right, jackie deangelis, maybe i will give it a shot. i should.op of it. kind of weird. looks good. capitalizing on presidents' day, today is presidents' day after all, holiday users use the holidays as biggest promotions. what is behind the special incentives we're seeing, grady trimble at elm hurst, illinois. reporter: better deals than a 18-dollar milkshake, i will tell you that much. we're at a toyota dealership. over the past years auto sales are down and cars are more expensive but as a result dealers are offering more incentives than they ever before. j.d. power says the average incentive on a car purchased was $4600 in december. here are the top presidents' day deals. chevy bolt, if you're looking for something electric. chevy equinox and toyota avalon are anywhere from 14 to 25% off. let's go over the biggest sales months. people want to know, is february one of them at least in terms of how many cars dealerships sell? as you might expect december is the biggest month for sales with christmas and dealerships trying to sell the end of the

jackie deangelis, bright spots, please? jackie: monster beverage, this is a company that reported good earnings, showing some margin improvement and recently it got some price target upgrades. it's a little bit higher this morning. i also want to bring your attention to take 2 interactive software. the idea here could possibly be on the virus that people will stay home, doing more gaming, more indoor home-based activities, so we are seeing it up a little more than 1%. even these bright spots are pretty slim. back to you. stuart: thank you, jackie. pretty slim, as you would expect when you are down 700. i need to clarify something here. the fed's robert kaplan told maria earlier today quote, it's too soon to make a judgment when asked if the fed will cut rates this year. let's get that real clear. jeff flock is with us, is that correct? jeff's there? reporter: yes, i am. stuart: what have you got on the fed funds rate? reporter: we essentially now have priced in, it's not a question on the floor of the cme now if there will b

let's go to jackie deangelis at the new york stock exchange with more. jackie. reporter: good afternoon to you. you mentioned the s&p 500 and nasdaq hitting new records today. for record watchers out there that was nasdaq third consecutive record close although yesterday was point 1/2. today a little stronger in terms of gains. also the 16th record close for the nasdaq in 2020. pretty impressive. meantime i want to draw your attention to tesla's stock. we've been talking about it all day, jumping over $900 a share there, almost 7% gain on the day. this is a biggest gain in fact in two weeks. it is tripled in the last 12 months. there has been some tesla fever out there, if you will. piper sandler raising its price target to 928 from 729. not that far away. piper may have to think about raising it a little bit more. i want to end on the housing stocks today because it was positive sentiment in housing that helped boost the market a little bit. building permits near a 13-year high. housing starts falling less than expected. you can see green across the board down

jackie deangelis how the virus is affecting the stock market again, but kiersten fisher at the white house. >> good evening, bret. announcing this news conference as soon as he landed back in soil. the purpose of tonight's conference is radical transparency with the american people. health and human services secretary alex azar says that he spoke with the president this morning and said when you come over to meet this briefing, let's open it up to the press bear that's what this news conference really is. members of the cdc, center of disease control, they are also going to be here just one day after saying that the spread of the coronavirus in the u.s. is inevitable, it's not a question of if the virus will spread in the u.s. but when. we now know that president trump was frustrated with that messaging according to a source familiar with the matter. yesterday, the president had said the coronavirus was under control. another type of administration official called it contained. here, health secretary as azar describe the situation today. >> the immediate risk remains low but there is

we begin with jackie deangelis with another grisly day on the markets. >> the dow and the s&p 500 closing in correction, which means down more than 10% from the record highs. all on coronavirus concerns. it took six down days to get here. all three indices suffering their worse point declines ever. the yield on the ten-year u.s. treasury note sinking to a new low, under 1.3% for the first time as well. investors flocking to the bond market when they seek safety. when money pours in, that yield falls, which is what you're seeing now. a warning also coming from goldman sachs. they said the coronavirus could negate earnings growth for the entire year. the chief strategist saying our reduced profit forecast reflects the severe decline in chinese economic activity in the first quarter, lower demand for u.s. exporte exporters, a slow down in u.s. economic activity and elevated business uncertainty. now, a whole lot of sectors have seen their share prices decline, airlines, hotels, casinos, healthcare, technology. but there's some bright spots in the market. they're related to the virus itself.

ii want check in with jackie deangelis to get a sneak peek what we can expect. jackie.nings barrage, after the bell. disney, eps of $1.44, on revenue of 20.79 billion. behind these numbers will want to know how disney plus is doing in terms of subscribers that could move the needle even more. the service debuted on november 12th. it had a very strong start out of gate. the company reported 10 million signups after the launch. seeing a range of 20 million to 25 million subscribers expected for this quarter. there is also the fox integration. that could be a little bit of a drag on the bottom line. but the stock is trading up today. so are competitors as you guys mentioned. we're watching net flex and amazon. overall momentum at play in the market here too. the next one i want to talk about is ford. expecting earnings of 15 cents on 36.4 billion in revenue. that eps would be down 50% from a year ago. reported for the fourth quarter an full year. it has been tough for them in general. drop of sales in china. sales numbers are expected down about 5%. china is where investor

but jackie deangelis has been adding up those with problems and those not, and she joins us from the new york stock exchange. >> reporter: good afternoon, neil. definitely a flight to safety today and for the entire week when it comes to stocks in general. let's take a look at this ten-year note, the yield on that, because it continues to move lower as investors are buying bonds, the yield moves lower. we haven't seen the inverted yield curve with the three month this low since september. the concern from investors here, what they'll read into it, is that the coronavirus impact could potentially, potentially cause a recession, and so we're getting that talk circulating back on the floor again. meantime, we're seeing a big move in gold today too, another $25, supporting the idea that people are worried about the virus, the notion that the chinese may not be telling us the whole entire story and that it's moving outside of china quicker than we thought. the final point i'll make about this is, yes, apple said it was going to have a big impact on its first quarter, but coke saying it's

let's get analysis from fox business correspondent jackie deangelis. >> the stock market losing 879 points today wiping out more than 1900 points in two days. if that is the steepest two day point loss in history. the notion that the coronavirus is spreading outside china faster than expected is likely to hit here at home and some greater degree as well. that had investors hitting the sell button, the dow is now less than 500 points away from what people on wall street call correction territory. with respect to the virus and the stock markets, larry kudlow director of the u.s. national economic council said this. >> our economy is in good shape, this virus won't last forever, we have contained it -- long term investors should a good hard look as to whether they want to add to positions in their stock market. >> investors are anticipating slowing global economic activity which would be directly caused by the virus, that is where investors seek shelter. it raised a very big red flag today, investors have bought so heavily into treasuries the yield on the 10-year note fell to an all-time low.

i want to go to jackie deangelis. reporter: good afternoon, charles.ing from most traders down here. the market was at record levels. you had the fear of the coronavirus, that maybe it's spreading faster across the globe than expected and that maybe the chinese are not being forthright about what they are revealing in terms of the numbers of people who have it. this could have a real chilling effect, impact on the global economy. that's why stocks are selling off. people are going into the weekend saying off these records, yeah, it wouldn't be too bad to take off some positions and feel a little safer as we head in. the other thing is, you can see the flight to safety in treasury notes. the ten-year yield falling under 1.5%. then you've got a run into gold as well. it was up 25 bucks the last time i checked. those are the trades right now that are favored on a day like this that's risk off. let's look at some of the sectors that are being impacted. the airlines are hard to miss because with the coronavirus fears, people are scared to travel. they don't

jackie deangelis has the numbers on disney. as i'm watching them cross right here, go ahead, jackie. reporter: good afternoon, guys. a beat on the top and bottom line, expected 27.9 billion. eps came in 1.53 adjusted. that was well above the $1.44 expectation. this is a big deet. the stock was on a tear before the close today. it is up 3% in the after-hours. of course that subscriber number for disney plus. that is what i'm waiting for. when i have it, i will come back to you. melissa: great. we'll keep our eyes peeled for that one. kurt, what do you think about the subscriber number is going to be? they all right started blowing the blowing the doors off it, i think that heightened expectations? >> disney the very next day came out and said we had 10 million signups the first day and then they went quiet we have status exout there. analysts believe they have gone up to 30 million. the number is still an estimate at this point if you talk to any parent of children in this country they signed up for this. i'm looking for number t

more details with jackie deangelis. reporter: good evening liz. can it work?will tell you right where we are right now. bloomberg will spend $90 million in super tuesday states this is four times what steyer spent, 23 million. 13 times than the rest of candidates combined. look at breakdown, sanders, biden, mayor pete, elizabeth warren they spent the bulk of their money on new hampshire, iowa, nevada, south carolina. bloomberg and trump are spending on super tuesday. bloomberg has aired twice number of tv ads trump did than the entire 2016 campaign. since bloomberg joined the race since november he spent more than $344 million on the ads. majority on tv. also 57 million on facebook and google. to compare senator sanders spent less than 26 million in the same time period. he seems the most popular. with respect to facebook trump harnessed the platform in a groundbreaking way in the 2016 race. that is not wasted on mayor bloomberg. his facebook spend was 1.6 million a today. trump's peak was 400,000 doll a day. most of his days were closer to 200,000. for super

fox business's jackie deangelis is live at jfk airport with the latest. jackie?rnoon, to you, melissa, and that's right f you come to jfk for an appointment to renew or apply for global entry and you are a resident of new york state you will find that they will turn you away. a lot of people did show up today who had appointments. they didn't receive email notice. they didn't know it was happening or applied to them. they were very angry about it. what it all stems from is the green light law in new york that was enacted at the end of last year. there are a couple of pieces to this. part of that law allows immigrants in this country that are not legal to apply for drivers licenses. house democrats are actually saying that what the trump administration is doing by freezing global entry is aimed at retaliating against that part of the law. dhs says, no, no, that is not the case at all. there is another part of this law that doesn't allow the dmv to give pertinent information to customs and border patrol when doing screenings and interview processes. that they say c

above the line, fox business team coverage to give you perspective on this day and week with jackie deangelis on the fourth the new york stock exchange. phil has been a busy man watching all the action. in chicago at the cme. jackie for steve. reporter: liz said, she was leading into trader fear taken a sigh of relief that the day is over and the week is over. it was a steep and volatile session for the dow today, 1085 we were down on the session low closing lower by 352 points. that was actually positive when it came to the action that we have seen but the dow, s&p 500, nasdaq were down more than 11% this week well into correction territory, more than 10% lower from their highs and down for two weeks in a row for a matter of fact. it was pretty steep selling for the last seven days and traders just said this was unprecedented. you mentioned the workweek for the financial crisis. i want to draw your attention to the ten year yield because in addition to that, that perhaps was the most troubling. new record low set for the yield pretty much for the last three days and trading at 1.149. pretty

happy valentines, i'm david as my pre-joining me on the panel jackie deangelis, jonas ferris, capri cafarond gary b smith. charlie gasparino is reporting behind the scenes that they want biden to drop out in favor of michael bloomberg. he even said he feels sorry for biden but he has no chance. joe is not letting go telling the ladies on the view that he still has the edge on bloomberg. >> i don't think you can buy an election. everybody thinks that. one of the advantages and disadvantage, i've been only got to the process who has been totally vetted. i've had a target on my back since i got in, i'm still standing. and i will get a chance to debate their bluebird, get a chance to debate him from redlining to stop and frisk and whole list of other things. david: does joe biden have enough political mojo left to reverse the mode known to him of sanders and bloomberg. >> i think that the wall street folks are onto something. i put into context, wall street likes to invest in what they are seeing, joe biden is not necessarily a good investment. he has performed poorly in the last two contest a

we have jackie deangelis on wall street. kristin fisher at the white house where the president is preparing. jeff flock is in chicago where shoppers so far not panicking. florida republican senate eric scott in washington what he wants airports to be doing. we begin with jackie. hi, jackie. >> good afternoon. session was not for the feint of heart. the dow was up 400 points. 461 to be exact and then the fda issued a warning on the coronavirus and that's when the selling started. so there was a pause and breath of fresh air this morning and investors got nervous again. we closed down 119 under the 27,000 mark. that is significant. this is a market that really is headline driven. investors have been looking back and forth at these headlines. this volatility is expected to continue. remember, two crazy days of selling before this and a negative session today. still waiting to see if before the weekends we head the correction territory. we're not that far off. the cdc has been sounding the alarm on the coronavirus, also issuing

blake burman live at white house, jackie deangelis on the floor of the new york stock exchange. edward lawrence in washington. jackie, you first to wrap up well, the nail biting day for us. >> looks like we have the record on the nasdaq. i hold my breath this time of day to see how it shakes out. any gain on the nasdaq, any green territory would be a new record. markets had a pretty rough day. we're closing down around 165 points on the dow. one of the big reasons for that of course is apple. apple warning about its first quarter revenue guidance. worried about the coronavirus epidemic in china, how that will have impact on its suppliers and its supplies in general. not necessarily saying it is a huge demand issue but more specific issue. remember, for example, chip suppliers like broadcom supply about 20% of apple's chips. so this is something to think about. it wasn't just apple took a hit today. those chip-makers all down the line took a hit as well. the previous forecast for apple was 63 to 67 billion in revenues. the company didn't give this new range. it said it may not be

liz: jackie deangelis. for the state of the union, blake burman at the white house. blake.eporter: 2 1/2 hours the president will make the short drive up to the capitol hill for the third state of the union address. state of the union addresses look forward what you want to get done. the white house says a lot will look backwards at the 1000 plus days of the president's first three years in office with a specific focus on the economy. you can expect a heavy dose of the economy tonight. the president will talk about the china trade deal, usmca trade deal, opportunity zones set up because of the tax cut package passed in 2017. here is the president's economic advisor, larry kudlow earlier today. >> the president will get out there this evening and talk about the blue-collar boom. he will talk about the fact actually the biggest whenners in this economy the past three years are middle, middle income people, lower wage people. i want to say, those are facts. reporter: president trump says his beach will be both optimistic and low-key. it also comes the night before he expected

jackie deangelis with me now on this.o see you. >> bill: a meme is something online, you put words on it and shoot it out like a picture. that's what he's doing. explain the strategy. >> he's doing this on instagram. meme 2020 is the company. they have a reached of 15 million followers. he's spending $350 million on political ads. he's not letting that slip through. he realizes how important facebook was to donald trump in 2016. so he's going argument this market. he was trying to be self-deprecating here. donald trump called him out for not being cool, being too short. he's doing that in a way here. he wants to be able to go viral. i have to be honest with you. i looked at this meme and another one where he talks about trying to go viral like the ice bucket challenge. i don't think they're that funny. you're smiling. one of your producers said it's the dad humor. so i kind of get that. at the same time -- >> bill: give me a meme. what is another one. >> there's the one that he's asking buddha if he could go viral. >> bil

skyrocketing earlier, coca-cola, they say the virus outbreak will take a bite of sales in earnings, jackie deangelisore on this, jackie. >> they are watching the virus closely and could impact first-quarter earnings, but company reaffirming year guidance and remains highest priority, the stock is margin marginally down this morning. stuart: what's the problem? >> full year guidance, that's all that matters, coca-cola proctor&gamble are fine. stuart: down day on the market, i want to bring up what may be a bright spot and that is housing, home builders etf close to all-time high, existing home sales numbers at the top of 10:00 o'clock hour. ashley: lots of positive signs, lit us not forget, another really key aspect, stu, that the mortgage applications have been surging up 7 to 8%, finally low interest rates of under 3 and a half percent are finally giving traction. stuart: housing boom that helps the economy by the spring? >> considering that the stocks are almost always leading indicators and housing data would be excellent, stuart. for me it's a should have, could have would have, etf with $10, 59

in manchester covering famously fiercely independent voters in the live free or die state and jackie deangelistanding by ready to break down the latest analysis. it is pouring into the studios now. exactly what new hampshire voters want. it is literally coming into fox business at this minute. it could point the direction who could be the winner. let's speak with molly on the ground in new hampshire. molly, what are you hearing? reporter: liz, you seem to be enjoying the suspense. what i'm hearing today only polls that matter are those folks that go to the polls to cast their ballot. the granite state electorate are notoriously late-breaking. candidates thanking the supporters. some holding signs in the dripping cold weather. what candidates hope tonight is the big wins and victory parties. senator bernie sanders bragged about his rally size on the trail at the polling locations but by far he was bragging about having the biggest rally of all the candidates this cycle. >> do you expect a resound being victory here tonight. >> i'm not going to speculate. all i can say, is we have worked really

jackie: i'm jackie deangelis with today's fox business brief.t shares stumbling after a surprise loss in its latest quarter. investors less than impressed by the fitness tracker maker's 8% sales drop in holiday quarter as lower prices tripped up revenue to the tune of 12% year over year. this as european regulators are pouring cold water on alphabet's $2.1 billion bid to buy the wearable giant, saying it could pose privacy risks to consumers. both shares in the red right now. >>> online auto marketplace true car crashing after trimming full year revenue outlook, shares sinking to their lowest point in a year as multiple analysts slash their price targets on the firm. >>> solar finding itself in a dark place. the solar panel manufacturer swinging to a loss in the fourth quarter. shares heading to their largest single day percentage loss since november 2016. coming up next, just as the spring wedding season arrives, will the deadly coronavirus force couples to say i don't? the luxury travel company dealing with that very issue right now talks excl

jackie deangelis on the floor at the new york stock exchange and speaking of amazon, grady trimble is on the ground in the state of illinois. we'll get to all three but first to yaki. >> good afternoon to you, connell. while the dow ending down 130 points, after a bigger drop earlier in the session, roughly 300 points. that was after on rumors, some chatter was circulating on the floor here that look, maybe the coronavirus complacency on wall street isn't exactly right when it comes to this situation? maybe china is not exactly telling us what's happening. maybe this can become a pandemic. that is really what spurred a lot of the selling. then one fed governor pouring coal -- cold water we would see more rate cuts this year and that was why the market dropped. the big story of the day was morgan stanley buying e-trade for $13 billion in an all-stock deal. you can see e-trade's stock was trading higher by more than 20% on the news. it's been a target since we saw charles schwab and td ameritrade merge at the end of the year. what they are going to get? five million retail customers. mo

maria: jackie thank you so much, jackie deangelis wall street still ahead is your cash becoming trashets are you one of them? we check it out next up. as someone with hearing loss i know what a confusing and frustrating experience getting hearing aids can be. that's why i founded lively. affordable, high-quality hearing aids with all of the features you need, and none of the hassle. i use lively hearing aids and it's been wonderful. it's so light and so small but it's a fraction of the cost of the other devices. they cost thousands less. it's insanely user friendly. you take the hearing test online, the doctor programs in the settings. you don't even need to go into an office. they're delivered to your door in a few days and you're up and running in no time. it connects via bluetooth to my phone. you can stream music and you can answer phone calls. the audiologist was so incredible she's full of all kinds of little helpful hints i feel like i can take on anything. it feels great to be in control of my hearing. better hearing has never been this easy. try lively risk-free for 100 days.

trade 13 billion dollars in stock largest acquisition by a big bank consistency financial crisis jackie deangelistanley picking up about 5 million retail consumers, 3 0 billion dollars in assets -- ssets going to run that business at morgan stanley what is interesting here is that it is the largest wall street deal since 2008 crisis, i am talking to a lot of traders on the floor about it what they are saying there was more competition, consolidation in wake of schwab merging late last year unintended consequence every regulation right you cut into bank profits they try to find other ways, to add revenue streams you force consolidation, what happens in the end the consumer has less choices, this is going to be something, really to watch especially in wake of last night's debate, i want to switch gears though and move over to talk about virgin galactic this is a stock absolutely soaring wall street's new speculative danger if you will more than tripled since ipo last year same way tesla betting on future so is virgin galactic with space tourism up another one and a half percent this morning back to

maria: for sure, we see that in markets that is for sure thank you jackie deangelis floor of nyse, alliancetor in face of all this. >> i think you wait maria. there's two distinct dynamics one fundamentals unfortunately getting worse economic sudden stops where economic activity come to standstill around the world. but the other technical as you noted, trying to form a technical bottom the california news came out took it out, hopefully, we can establish a technical bottom until er he the personals approve be carefully. >> jpmorgan chase goldman sachs protecting zero earnings growth for u.s. companies this year, mohamed we were expecting profit growth doesn't look like it is happening. >> we were, along came coronavirus that hit companies in so many different ways maria. it means lower demand so revenue goes down, it means higher cost, it means you can't even move inventory funding will become more difficult profit margin squeezed suj you can sure supply lines an economic hit in terms of lower global economic growth and directly to companies on both sides of the balance sheet. >> what is yo

jackie deangelis following all of it now. >> reporter: good afternoon, neil. well, you said it when you set this up at the top. the conversation here on the floor has surpassed this notion of correction which the markets have gone straight through, but now traders are talking about bear market territory. that would be a 20% decline from all-time highs. they're saying they hope it doesn't happen, they hope maybe a bottom is set here today. the problem is there's just so much uncertainty, and we don't know where this whole situation is going to go. you know, the comparison has been made to the financial crisis, but there was an orderly process, right, between the government and the banks that stepped in to try to work on things. there was some uncertainty, but people were working on it. with this, we're not sure how bad it can get, and that's what's spooking investors. now, the s&p 500 entering correction territory, it only took six days to get there. that is pretty staggering. the last high that we saw was on february 19th. it's been the worst trading week sinc

jackie deangelis, why is the stock up so much?de better than expected in the fourth quarter. this is sign housing recovery is here to say. people are buying homes. they feel come fatherrable enough to move. indicators after strong economy. this is one of the strongest recoveries on record but it needs to be supported by housing to improve. this is coming off the housing numbers yesterday, near 13-year high on building permits. zillow stock up 17%. stuart: that is a very nice gain. thanks, jackie. new this hour, sentencing for roger stone will get underway. close associate of president trump. he was convicted last year of lying to congress about his attempts to get details from hillary clinton's private emails. edward lawrence at the federal district courthouse following this. set the scene please. left handside of the screen. reporter: stu, this starts in a matter of minutes. the judge will read seven counts that roger stone was found guilty on. stone will have the chance to address the court. then the judge will impose sentence.

all right, folks, we want to go down to the floor of the new york stock exchange where jackie deangelis is. ing what's the mood down there? it can't be shock and awe anymore. >> reporter: not shock and awe, charles. i will say this, the market clawed its way back a little bit. there was a little bit of a sigh of relief on the floor, and now we're down another 900 points. just shows how volatile this market is. and just when you want to breathe that sigh of relief, it's not necessarily time to pause. what's interesting about the moves that are being made in stocks today, it's not exactly what you would expect. grady put out some of those vaccine makers, and they were all lower, but novavax was up. i'm watching the chipmakers very closely, and we're seeing modest gains, gains across the board. these are companies that have exposure to china. the thought is that some of these will benefit from the fact that people will stay home maybe and not be traveling as much and using some of these products with chips in them. the other thought is they got beaten down so much that investors are starti

jackie deangelis has details what the mayor might be planning. jackie. reporter: good afternoon, neil. here is what we know so far. the numbers are staggering. bloomberg has spent more than $90 million in super tuesday states. that is four times what steyer has spent, roughly 23 million. and more than 13 types what the rest of the candidates have spent combined so that gives you a sense. since bloomberg joined the race in mid-november he has spent more than 344 million overall on ads with the majority being tv, about 282 million. 57 million goes to facebook and google. he wanted to make sure he had a presence there. just to compare, senator sanders has spent less than 26 million in the same period. he seems to be first in terms of popularity right now. for super tuesday, bloomberg set something his sights on california. he has 800 staffers there. he has spent 36 million on ads in the state. he wants those 415 delegates that state has to offer. mike bloomberg is holding first rally in chattanooga, tennessee, another super tuesday state. trump campaign str

jackie deangelis is here. good afternoon, jackie.ter: good afternoon, neil, one of the issues with bernie sanders he never answers the question how he will pay for it. sanders releasing detail on his website for all. let's look at them. canceling student loans, costs 2.2 trillion. raises it from a modest tax on wall street speculation what he calls it. expanding social security, if you make over 2 a thousand dollars, you will pay for that. housing overall, 2.5 trillion, for knows net worth over $32 million. remember that is money that people already paid tax on. then there is eliminating medical debt that will, 79 million americans actually owe $81 billion in outstanding bills. higher taxes on corporations, that will fund this one. "green new deal," 16.3, trillion. most comes straight from corporations in his plans and a cut in defense spending. "medicare for all," corporate tax reform, taxes on extreme wealth, return to higher estate tax, higher tax on capital gains, the plan looks like it will cost individuals and companies a littl

stuart: jackie deangelis joins us. i think you have been studying what happens to the market after previous whopping great big selloffs. jackie: good morning. that's exactly right. you know, we have seen people come back into this market after larry kudlow's gaggle yesterday and said the long-term investor should be looking at this. the president tweeted something similar the other day. people get back in and they buy stocks because they want to be invested in this market and there are deals to be had. stuart: but in previous occasions, the market has rebounded. relatively quickly. jackie: it rebounds relatively quickly. people feel confident and they do feel confident. that's what this is really all about. stuart: the assumption is there's a way out of this. at the far end, whenever that is, the economy comes back. the virus recedes. jackie: if fundamentals are strong. remember, the virus is a black swan event. nobody can control this. you want to blame anybody, blame china. stuart: do the fundamentals, jack hough. rem

jackie deangelis with more. $18? reporter: you saw the size of that thing. it is gigantic.his is quite tasty. this is about black tap saying we're inclusive. we are a burger place. we have vegan burgers and a vegan shake. you can have the entire experience. this is part of a bigger trend. $4 billion the plant-based foods market. it is expected to grow to 26 billion by 2026. that is not a lot of time. people ask is the trend here to say sore is this here today gone tomorrow type of things? stocks are holding on to pretty substantial gains like beyond meat. this is interesting. i tasted it. no dairy or butter or milk. it was vegan based shake. the whipped cream was made from rice. the cake had apple sauce in it. it was pretty delicious if you ask me. neil: i am told you have a package to spell it out? reporter: yes. neil: let's take a look at that. reporter: consumer tastes are changing. the old days of meat and potatoes might be over. planned-based meat, vegan options is peopling business. black tap is the latest to tap into the trend. you've seen the shakes on social media.

jackie deangelis has the latest on that front. >> good afternoon.uit over assault of new york travelers. what is really going on at jfk, if you are a new york resident and you came for global entry appointment, a new application or a renewal, they will tell you inside that you cannot proceed and a lot of people are very angry about it. they say not adequate notice was given to them. they did not even get an e-mail to tell them that their appointments were canceled. the agent just said don't you watch the news. what is at issue here is the greenlight law. it was passed in new york at the end of last year. part of it allows people who are in new york illegally to get a drivers license. the democrats are saying that this is a retaliation act as a result of that part of the law. department of homeland security, they say not at all. listen. >> new york is the only state, that bears repeating, the only state that restricts access to their dmv data across the board. not only for immigration purposes, but for law enforcement purposes, custom purposes, but a

jackie deangelis on the new york stock exchange. with the dow down 265 points. an update. jackie? reporter: we're off session lows. it was interesting around 11:30 the market dropped the first 100 points. people were scratching their heads, asking if there were any headlines crossing the tape, what was causing this and there wasn't a clear explanation. when the second 100 point drop came, one gentleman said there were rumors floating around, chatter, that the markets were too complacent when it came to the coronavirus. there were concerns china is not forthright with all the information. maybe the numbers are not accurate. maybe this could be worse than expected? sort of fear building on that, it is spreading to other countries maybe more quickly than previously thought. the drops like this, you see market impacts here, when a rumor like that starts to circulate and algorithm starts to kick in, that is when the selling starts and that could explain what is happening here. there was commentary about the comments about the fed earlier. those came out earlier in the morning. it would

jackie deangelis is with us, did a stellar job last night with our coverage. chor brett larson. welcome to both of you. doesn't mean they won't use some technology, right? jackie: you need some sort of technology to streamline the process, right? the problem here is the big backfire situation that occurred last night. they wanted to make it more transparent, they wanted to make it more fair and now you've got a situation where we still don't have a result and joking that it's groundhog day, we keep saying we have nothing and at 4:00, whatever the result ends up being, all the candidates are probably going to challenge it or going to spin it some way and say that it wasn't accurate. so at the end of the day, you have to ask yourself if the technology does really help here. neil: right. it's 4:00 iowa time. i'm beginning to wonder whether they rethink these technologies, because for a caucus, they are inherently problematic, right? >> if anything we should rethink the concept of a caucus. it seems convoluted and old school. neil: they have had no problems. iowa h

jackie deangelis with the latest from the new york stock exchange.ter: good afternoon to you, neil, that's right. walmart missing on its fourth quarter earnings and revenue. revenue was 141.7 billion. it was a little bit light and the eps was a 5% miss. the company reported same-store sales, grew only 1.9% that was less than the 2.3% that was expected. these were things that were negative. says toy sales, apparel sales impacted quarter. it expects weaker guidance because of slowing growth in the e-commerce. that grew 35% in this quarter. but the expectation it will slow a little. on the coronavirus, it is tempering its outlook obviously has huge china exposure. one of the executives said majority of stores in china reduced their hours. could be negative impacts in the first quarter. not all bad news. three points you need to think about. as a bright spot it raised the dividend up four cents to $2.16. grocery sales on two year basis is the best they have seen in 10 years. despite the weakness in the holiday season they said the year got off to a good

jackie deangelis is looking at that and some historical parallels. reporter: neil, thank you. the dow rebounds off session lows fausting with a relief after more than 1hundred points lost in just two days. investors are getting back into this market and they're bargain hunting because the bottom line, yes, there is fear about the coronavirus but no one really knows what is going to happen. we've seen a page from this kind of playbook before. markets do tend to claw their way back. when ebola was a threat of july 2014 to march of 2016, there was a lot of volatility but the dow only lost half a percent overall. for sars, november 2002 to july 2003 the dow gained. from september 2001 to october october 2002 the dow lost a little more than 17%. you look at history, get a sense how investors reacted to all kind of different events, ebola, sars cases, they say that they tend to be blips, not events that define the market. major corona headlines breaking today, the cdc confirming 14 cases of coronavirus and a u.s. soldier in south korea testing positive as well. that is not to say th

jackie deangelis with a quick update on today's trading at nyse before we listen to the president. what is focus, jackie? reporter: good afternoon to you, connell. focus is seesaw action in the markets. positive news from china, slashing 75 billion in u.s. tariffs on imports. apparently there was an event in london and faa chief steve dixon mentioned an issue that was identified as a new software problem on the grounded 737s. as a result of that, he said, identified they could possibly get this plane back in the air in a few weeks. stock went up, market went up when boeing went up. of course this report spooked investors a little bit. you have this back and forth connell, that investors are grappling with. connell: the clapping you're hearing east room of the white house, you may figure this out for yourself, president's defense team from the impeachment proceedings. white house counsel pat cipollone, jay sekulow to his left. just entered east room. as they did, supporters of the president stood up to clap for extended period of time. we didn't hear that from any other members of ca

jackie deangelis has more on all of that. reporter: good afternoon to you, neil.is win in nevada bernie sanders seems to be the front-runner for the democrats here. he calls himself a democratic socialist. in an interview with "60 minutes" last night he laid some things out. he wants to promote more social programs. he wants to copy the scandinavian companies. he calls president trump a pathological liar and a fraud. that president trump benefited from corporate socialism. what would be wrong with democratic socialism? there is the issue of russia, with reports trying to meddle the election again getting sanders the nomination because he would be easier for donald trump to beat. sanders said a very clear message, russia you will not interfere in the election a comment on cuba has drawn attention. listen. >> we're very opposed to the authoritarian nature of cuba. it is unfair to simply say everything is unfair. you know when fidel castro came into office, you know what he did? he had a massive literacy program. is that a bad thing because fidel castro did it? repor

i want to bring jackie deangelis into this. at is this about venezuela that has taken oil down? reporter: good morning, stuart. these headlines just crossing the tape moments ago which caused the last leg lower. dow jones reporting that u.s. is placing sanctions on subsidiary of russia's rosneft over alleged venezuela oil exports. they say firms doing biz with rose -- rose nest being at risk of being blacklisted by the united states. they quote that the u.s. is at 60% of its maximum pressure campaign. military option is still on the table. that is what caused the market to drop from there. oil prices are down half a percent right now, trading a little bit under $52. stuart: jackie, i misunderstood. i thought it was a reference to the oil market. it is not. a reference to the stock market coming down. make that very clear. jackie, all good stuff. thanks. >>> tokyo marathon canceled because of the virus. 38,000 people were expected to run. next, i'm talking to one of those runners who was going to japan for the event. not now. mor

jackie deangelis on how all of this is playing out. reporter: good afternoon to you, neil. bernie sanders has been very clear on his reactions to big tech. apple, microsoft, facebook, they're too big, need to be regulated and need to be split up. might surprise you the democrat on the debate stage is not being funded by billionaires received money from most five largest valuable tech companies. the federal election commission raised more than a million dollars from these folks. what is interesting, not tim cook, bill gates, jeff bezos, but from the blue-collar workers in the companies. sanders will rally in san jose before super tuesday to rally before the primary. elizabeth warren is getting 800,000 from employees of big five. she keeps pushing idea of breaking big tech up. san jose where sanders will rally is 10th largest city in the country. it is also where a lot of tech workers live. sanders praised smaller tech companies for unionizing and championing job security and better wages. jay carney, former press secretary under president obama, senior vice president of glob

jackie deangelis is here with the details. jackie, 18 bucks? >> special all vegan shake.non in it? all vegan? >> no dairy in it. no eggs in it. not anything animal related so what is special about this shake it was in development for about two years. they have a creative director at black tap. you have scene the shakes on instagram. they taste it. they tried. tried it all different ways to get this right. this is testament to the trend towards plant-based foods, right? you can't be a restaurant or food provider in this city or a lot of other cities not provide this option to your consumers. actually a lot of consumers were asking them to make a shake like this because they didn't want to be left out in terms of the black tap experience. they wanted to go to the restaurant to be able to have it. black tap has other vegan burgers, other things you can have. they wanted to throw the dessert in. there is picture of me eating it. charles: that is a monstrosity. >> that is the price. feeds whole table for dessert, $18 is not a lot. plant-based foods association expect the marke

jackie deangelis joins us. she is the at new york stock exchange. tell me more. it is up 12%.ter: good morning, stuart. this is one of wall street's new speculative darlings alongside tesla, for example this is a the about on future technology. with tesla you have the electric vehicles. with virgin galactic you have space tourism. wow, since the stock ipo'd last october, it actually moved. it tripled in the last three months. it is up 323% which is pretty massive. wall street is looking for the next big thing. sometimes it can sour on that as well. one to watch. back to you. stuart: thank you, jackie. next case, los angeles taking center stage in the illegal immigration battle. the mayor there giving illegals advice on how to avoid arrest. we'll show you the tape and the president's reaction. >>> produce democrat congressman james clip burn made an explosive comment about black unemployment on this network yesterday. we'll play it for you. after this. ♪ let's get down to business. the business of road trips... ...adventure... ...and reconnecting. modernized comfort inn's and s

we will watch of jackie deangelis wall street, over to studio b, stuart varney preparing who is on deckn it reported it i think a big deal the firing rate jobless claims down to what 200,000202000 i see that as a very positive indicator for the economy, the firing rate nearly historic loss on deck i am going to walk towards the president trump's victory lap at 12:00 noon today, president just won impeachment won on economy, hands-down, won on immigration in my opinion going to be king of the hill here he is 12:00 noon, riding high, he is in control at peak power i am going to walk our show up to that 12:00 noon performance. big deal! maria: a lot of winning going on thank you, about "varney & company" top of the hour 9:00 a.m. eastern after "mornings with maria" join stuart tables turning i answer questions to social media right after this send me your questions. we'll be right back. ♪ how do i even begin to tell you how you're my rock. my diamond. for the diamond in your life, there's only one diamond store. it's the valentine's day sale. get 25% off everything. including these special

watching shares of deer this morning you surged on strong earnings optimistic outlook for farmers jackie deangelisrofits, now, deer one of the companies struggling because the ongoing trade war with china, but the company is optimistic that things will get better now that phase one deal is in place, chief executive may said farmer confidence is still subdued has improved due in part to hopes for relaxation of trade tensions higher agricultural exports attention to dropbox this morning, a big earnings beat for that company, bottom line two cent beat paying 14.3 million higher than expected, and ceo houston said company will be profitable aim to be profitable by end of 2020. that stock up 14% this morning back to you. maria: jackie thank you. we will watch that for sure coming up first cabbage patch crazy of the 80s now we are showing you the hottest toy of 2020 one the parents fighting to get hands on we will tell you when hitting he shelves and if you are lucky enough to snag one. >> ♪ can't help myself i love you and nobody else ♪ ♪ i am totally blind. and non-24 can make me show up too early...