kristina partsinevelos, thank you for breaking that down for us. president of guystone capital management and he joins us now. a lot of folks say it's the computer trading that drives the market down, but could it be driving the market up today with these sizeable gains we're seeing across the board? >> oh, i definitely think that's part of it but recognize this is a very prototypical oversold bounce. we had 50% of the market after monday was trading at 52-week lows and only 10% were trading above their 200 day moving average. that's a tremendously oversold market. it was due for a bounce and i think we've seen a lot of portfolio managers positioning in the year end trying to pretty up their books and i don't know that this is going to carry through for a long period of time, but today it does make sense. lauren: david, the dow was just up -- it is up 1,000 points, 1,006 points. kristina partsinevelos, come back in. no complaints, but these are huge numbers. reporter: they are huge numbers. just the fact it was oversold territory and i agree with t

i'm kristina partsinevelos. let's start the "countdown." >>> what a great time to be in business journalism. the markets well off session lows. we always have something to talk about as we head into the final hour of trading. what looked like a historic turn-around for the final few days of 2018 has led to disappointment once again today, just like on monday, on christmas eve. the nasdaq is on pace for its ninth consecutive 2% or more move. this is the most in a calendar month since august 2011. i want to draw your attention, you are seeing the vix, the volatility index, which is on pace to close above 30 points for its fourth consecutive trading day. it's the longest streak since november 2011 and right now, you are seeing it trading at 32, almost 33 points, and while most sectors are down today, we have been talking about it and will dig in, e-cigarette companies are getting pounded after scott gottlieb tweeted he will be reaching out to e-cig ceos to discuss the epidemic teen use of their products. no more co

the fox business network's kristina partsinevelos reporting on this new information. kristina. >> the nrcc, the campaign arm of the house republicans, were hacked. the nrcc confirmed to fox news that yes, there was a cyber intrusion but an unknown entity. even though politico came out with the news, they revealed it to the public. there was four senior nrcc aides that were hacked. thousands of e-mails that were exposed. this attack was detected back in april. so there's a timeline too in terms of when they decided to come forward with the information. the nrcc was asked why they waited so long. they didn't want to share any confidential information. they say there's one line in the report that stood out stating that party officials would not say when the hack began or who was behind it. although they privately believe it was a foreign agent due to the nature of the attack. if we're speaking about who knew about it, right now many big republicans in the house are unaware, paul ryan, speaker paul ryan was not aware and several others have no idea about the hack. this com

. >> kristina partsinevelos filling in for cheryl casone. no santa rally, but still exciting. lauren: exciting nonetheless. the news that we are following right now has to do with massive search underway for illegal immigrant who allegedly killed california police officer, nationwide debate over border wall funding is intensifying, president trump tweeting, full-scale manhunt for illegal immigrant killing and shooting police officer during traffic stop, time to get tough on traffic stop. >> gunned down the day after christmas, he survived by his wife and 5-month-old son. police say the suspect is considered armed and dangerous. lauren: funding if for wall at the center of partial government shutdown in seventh day, congress closing out the week with no resolution in sight. >> hillary vaughn with the latest. >> good morning, lauren and kristina. they did not hear from one democrat during the first 5 days of shutdown. sarah sanders saying in statement they offered democrats common sense fix but they didn't respond. the and his team stayed over christmas, the democrats decided to

for my insight, let's begin the fox business network correspondent kristina partsinevelos.hank you for coming on to make sense of all this madness. last week was just insane. what are you going to be watching for tomorrow and this last day of trading in 2018? would you expect? >> i wish i could take up my crystal ball and be really accurate. the volatility was really ridiculous and the new york city on the new york stock exchange floor you saw this thing negative 653 points on monday worst christmas eve ever in the most positive thing on the upside down when they appeared as all this confusion and volatility of what's happening and what we should report. investors right now are jittery and that's causing volatility in the market. investors don't see stability they need to not the reason why you see a lot of them buy and sell on to win from certain have nine. algorithms are playing a big role, too. yes we have another trading day on monday. the question is will we have the worst december ever? the expectation right now is that we will see continued volatility. however today

head to kristina partsinevelos and susan li. susan: stocks climbing today after president trump touted trade progress between the u.s. and dow and nasdaq snapping a two year winning streak. i'm susan li in for melissa francis today. 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 ye

kristina partsinevelos is in for liz claman. i'm giving you the c.p. effect. up 220. kristina: i knew you would say that. let's see if it holds, especially in the last 20 minutes. i will take the responsibility. thank you, charles. let's get right into it. markets gaining steam in the final hour of trade after a wild week that left traders and investors with whiplash. telecom, tech, health care leading the way. the dow maybe it's the c.p. effect, 231 points higher. the nasdaq, higher as well, 102 points, wow, that's a jump from this morning. the s&p 500 up 30 points. but it's a week of firsts that has markets aiming for a weekly win following record-setting moves in every session. our floor show traders are standing by to tell us what marks could fall by the close today. >>> and we're looking at day number seven of the government shutdown as president trump threatens to close the entire southern border if his demands aren't met. but forget negotiations in public. there's no negotiations going on at all. hillary vaughn has the latest from the white house. >>> and it's a

kristina: i'm kristina partsinevelo

kristina partsinevelos on the fallout from this. hi, kristina. >> hi, neil. you're right. that's part of the kristina that we're seeing the nasdaq down and the bear market. you saw the s&p touchdown in bear market territory today. let's talk about the dow. we saw it hit a 14-month low. there's so much negative movement in the markets, especially towards the later half of the day, especially in the last 30 minutes. that had to do with the government shut down. it's more uncertainty. i reached out to traders. it was more going into 2019 and the fear of the slow down. i want to focus on this. 10 out of 11 sectors in the red for the s&p 500. let's take a look amount some of those big losers on the dow today. the dow drags. you see walmart down 4%. united health and mcdonalds, those are the big heavyweights on the dow as well. other companies like gopro, snap chat, they hit all-time lows today. technology when many investors are saying overvalued, they're leaving risk. twitter, an example. over 11% today. so what is wrong? many, many factors. you can claim the yield curve is di

in northern california kristina partsinevelos was tragic deals. uman california yesterday morning gunman spotted buying beer at food store that is him on screenb the shooting, the police are asking for the public's help officer ronald, 33 years old was worki ing jovetime on christmas to provide for family before being gunned down brings number of police officer shot and killed in line of duty to 46. >> are reuters reporting latest allegations brolt by japanese prosecutors against ousted nissan chairman carlos ghosn based on use of company funds to pay a saudi businessman that businessplan out of financial difficulties prosecuted arrested ghosn a third time using him aggravated breach of trust, personal investment losses to automaker perhaps christmas miracle for one lucky person winning powerball ticket sold in state nearly 300 million dollars after taxes cash option 1 will 0 million not -- 180 million mega millions 350 million dollars next drawing tomorrow i have reported on this in the past i think rick hooded winning you can say struck by lightn

howie: joining us, kristina partsinevelos, a correspondent for knox business network. it's been a crazy ride. down sharply this month. when media folks say it's trump's fun, it's the shutdown, the uncertainty he creates. is that an oversimplification. chris.kristina: of course. when i am on the air i have 45 seconds or 60 seconds to tell the story. i think i am not doing justice to the viewers. but that's the way the news cycle works. you try to simplify it and say it has to do with the government shutdown, it has to do with pal gore rhythms or the federal interest rate. i can't say it 100% whether it's one or the other. so often media business reporters across the network are doing the same thing. they are trying to simplify it so the viewer can understand there are contributing factors, but we are not sure which is the major one. many of these pundits were not giving president trump credit when the dow soared from 18,000 to 26,000. presidents get more claim and credit than they deserve for the gyrations in the market. kristina: i would agree the president is the targ

lauren: mysterious blue light, kristina partsinevelos what was the light all about?s sparking speculation on social media, some suggested it could be a weather phenomena, some say aliens, yes, it's true, turns out it was a blown transformers in queens that shined. some scattered power outages in the city including at laguardia international airport, resulted in multiple flight delays, thankfully, though, no one was hurt but we love the speculation online. last year's special election in alabama reportedly drawing the attention of the state's attorney general steve marshall telling washington post disinformation campaign targeted gop candidate senate roy moore may have violated state campaign laws and affected the outcome of the race. moore was defeated by doug jones, marshall says is looking for information of project birmingham. hoffman says he was unaware of tactics. sears chairman eddy is the only buyer to keep sears in business is reportedly struggling to come up with finance to go make good on $4.6 billion offer to buy the company. speaking of struggling retaile

kristina partsinevelos, right in the thick of it, fitting right in as usual. kristina.here. it is very exciting. we have independent farmers, greg, won't tell me how long he has been farming, decades through school, generations all throughout your family. walk and talk. everybody is working hard. they're sharing data. that is the point of the conference. you have a lot of technology and a lot of data. i want to get to some topical things like trade and tariffs. how has this affected your crops and sales and exports? you are a farmer of soybeans, grain, wheat as well. >> we're sitting on grain inventories because we lost about two dollars every 10. >> oh, wow. >> in market appreciation. we're waiting for the market to come back based on the trade war. reporter: you're waiting. how do you feel? are you optimistic it will come back? because china did make a promise when it came to soybeans they would be buying more. >> right. reporter: where are you on the scale? >> we're 70% positive. we're hoping for some good news. good news is a selling opportunity. reporter: that's co

joining me now on tonight's party possible, kristina partsinevelos, comedian and head writer of thisis very show -- [laughter] and associate professor of economics at the kings college, brian brenberg. let's dive right in. it's sad, because there's a real issue here with pentagon accounting, and we should be, certainly, concerned about that. but the fact that she thinks there's $21 trillion just sitting around shows how she has so little understanding -- >> well, yeah. and, you know, everyone's calling this a gaffe. it's only a gaffe when you didn't mean to say what you said. she meant this. this went a gaffe, this was honesty. this is the truth about how she thinks we can pay for all these programs. if you look back at all of her comments, there's always some pot of gold at the end of the rainbow whether it's the rich, the pentagon, whoever it is. wall street's going to pay for this. that's not how it works. this is actually her economic theory. it's not a mistake. kennedy: no, it's not a mistake. she tried to walk it back and say, well, there's no oversight at the pentagon, but the

kristina partsinevelos outside of the marriott location in new york.d you half a billion people. could remain time b.c. and a cashier list whole foods in the near future? certainly something its owner, amazon, has been talking about another context. stocks moving today for% is amazon. we'll be right back. . . . hi, i'm joan lunden with a place for mom, the nation's largest senior-living referral service. for the past five years, i've spoken with hundreds of families and visited senior-care communities around the country. and i've got to tell you, today's senior-living communities are better than ever. these days, there are amazing amenities, like movie theaters, exercise rooms and swimming pools, public cafes, bars, and bistros, even pet-care services. and nobody understands your options like the advisers at a place for mom. these are local, expert advisers that will partner with you to find the perfect place and determine the right level of care, whether that's just a helping hand or full-time memory care. best of all, it's a free service. there is ne

more from kristina partsinevelos with what is going on. kristina? >> yeah, you saw this happened in the last ten minutes. this has to do with algorithms that are selling off shares like head funds and et cetera. all markets in negative territory for the day. you have concerns about a recession, slow down, global growth. more specifically for the nasdaq trading lower. you have the world stock on nasdaq. there was a poll from the "wall street journal," nbc, stating a third of americans right now believe the economy is going to be heading worse in 2019. this is about 900 people that were polled. another major reason that you're seeing this downward trend on all markets today is the federal reserve is expected to increase interest rates on wednesday, the big question is what will happen in 2019. will there be a slow down in those height rakes? you're also seeing concerned about global growth slow down. that's been on the menu for quite some time and the trade war. the wto blasted the trump trade responsible said that are responsible for crisis at the wt

kristina partsinevelos is on the ground with the founder and ceo of the farmers business network. fascinating. i love this. reporter: this is great, because normally you would see all kinds of trinkets. it's really about the data which is why you have the ceo of farmers business network which also stands for fbn. lot of people asking about that. your big thing is about price transparency, and showing data mining. let's go for a walk. you can see the background, there's a lot of computers going on. why was that so important for you to change and help change the agricultural industry? >> well, there's an asymmetry around farmers and the environment around them. lack of transparency means limited competition, limited options for farmers. by providing price and formance transparency, that creates a competitive environment. that has the potential to lower costs. reporter: we just stopped over here to show you got some farmers here, yeah, some farmers looking at a screen. you are showing various price notes. if i were in north dakota and wanted to know what the price was in montana, i c

kristina partsinevelos is live in new york. >> you're right with all of that. continue with cheryl sandberg. the post was put out by facebook and they promised today they're going to do a better job in the future to stop meddling in the election. facebook put out a statement and this is from the post today saying we know that we need to do more, to listen, to look deeper and take action to respect fundamental rights. the reason they put this out is you had two reports, one coming from the senate intelligence committee stating that russians were using social media to target and meddle in the elections more and specifically to go after african americans and suppress the democratic vote. what you're seeing on your screen right now is an example of some of the websites they created like black matters, there's reason to love, they went after searches like black panther, malcolm x. and you have the senate report saying out of the 80 pages that the russians created, 30 were directed to african americans. we don't know if that swung the vote but nonetheless, definitely

the fox business network's kristina partsinevelos reporting live in new york. >> the job numbers camelower than expected, but the labor market is still chugging along. 7.1 million job openings with the greatest strength coming from the education and health services, also seeing wage growth at 3.1%. so yes, an increase for november, stayed the same as october but still climbing higher. education and health services up higher, too. overall the state is good. the pace is slowing. that's a concern for the federal reserve going forward. you saw, shep, mentioned the unemployment number at 3.7%. we have not seen that since december. seems like the consensus on wall street is that we will continue with the rate hike in november. four rate hikes this year. the biggest difficulty at the moment is finding the talent. a lot of them are having difficulty with hiring talent. >> shepard: turmoil in the markets. is it related? >> yes, a lot of major factors. you talked about the u.s.-china trade and kudlow this morning, one said they could extend the negotiations past 90 days, one saying not. you hav

kristina partsinevelos joins us to explain what is going on. >> yeah, you're right.. the dow 14 month low. it's a little better than earlier today when it was down 600 points. you're also talking about the s&p 500 having the worst month since february 2009. so a lot of red all across the board as investors are trying to digest the federal hike that we saw yesterday. the fed fund rate that climbed higher. a lot that we're seeing the movement on the market is coming from the tech sector. when markets drop, almost in bear market territory, that's when you see a 20% drop, tech hit because it's risky. some investors are saying it's overvalued. you're seeing apple down 3% today. about 155 or a little over $160. then moving on, some other stocks that are just hitting lows. you have gopro hitting a low, snap chat on your screen hitting an all-time low. twitter's price today, let's take a look at this. twitter's price down earlier before coming on set, down 11% for the day, a little above $30. so ten out of the 11 sectors on the s&p 500 are down. fears of a economic slow down

fox business's kristina partsinevelos is in omaha at the farmer to farmer expo with the latest. r: latest i'm sitting in this massive combine, also known as a harvester. this baby is worth half a million dollars. this is not just worth any type of farm tool. it has gps in here. it has sensors on the side of the truck, you can figure out the moisture of your crop. afterwards, it gathers all the data, that is what the entire conference is all about, gathering data sharing it with farmers. your farm has been around 100 years, this has been vince. i'm straight to the news part, trade, china, tariffs, how has been affecting sales and exports? >> no doubt grain prices are depressed, directly purported to be at the tariff problem and lack of ability to get webbing out into the world. >> you feel like you're caught in the middle after trade war? >> keeps going on as long as tweets keep going out. yeah, it needs to get solved and sooner the better. >> what about the fact china made a promise to purchase more. i know you're not a soybean farmer they made a promise to buy soybeans what do y

with kristina partsinevelos on what has wall street worrying, deidra bolton on whether consumers should be freting and how the white house is responding. kristina? >> a perfect segue with the bears. you had the fed that alluded to a cautious approach. but not drastic enough. you saw drastic swings. more than 600 points on the dow alone. closed down 1.5%. the nasdaq also down over 2% and the s&p 500 over a percentage and a half. so you have these swings that seem to be happening. if you look at the intraday and we'll bring that up, you have the fed already pretty much investors baking in the fact that there was going to be an interest rate hike. that was in the markets. we saw positive territory in the morning. then you hit 2:00 p.m. the fact that there's two more hikes in 2019, a further hike for 2020. that's where you started to see the downward trend. investors are parsing through the details and the q&a with jay powell. that's why the uptook went up. later on, you saw it close down. which sectors are we seeing weakness? you're seeing technology being hit the hardest, energy followed

kristina partsinevelos is in for liz claman. i'm giving you the c.p. effect. up 220. ou would say that. let's see if it holds, especially in the last 20 minutes. i will take the responsibility. thank you, charles. let's get right into it. markets gaining steam in the final hour of trade after a wild week that left traders and investors with whiplash. telecom, tech, health care leading the way. the dow maybe it's the c.p. effect, 231 points higher. the nasdaq, higher as well, 102 points, wow, that's a jump from this morning. the s&p 500 up 30 points. but it's a week of firsts that has markets aiming for a weekly win following record-setting moves in every session. our floor show

i'm kristina partsinevelos. susan li and blake burman for the closing bell. susan: we had been down as much as 611 points earlier in the day. yes volatility continues. new concerns about slowing economic growth, trade tensions with china, political uncertainty in the nation's capitol. guess what? it is all off the table at this point. it is in positive territory, congress back in session this hour. lawmakers are gaveling in at any moment now. partial government shutdown enters the sixth day. the dow closing up 255 points, just one day after the historic 1000 point surge. i'm susan li in for melissa francis. blake: what a last couple hours we've had. 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

blake: kristina partsinevelos on floor of new york stock exchange. thanks. >> thank you.nd pause for a minute, the largest christmas eve drop ever, followed by the largest point gain ever. susan: that is volatility for you, right? blake: that is the definition of it. susan: it is a sign of late-stage bull markets. they're usually up and down. we've been expanding for close to 10 years now. the longest bull market in history. coming back from the brink. lawmakers set to arrive back on capitol hill tomorrow. we latest where negotiations currently stand to reopen the government. that comes your way next. ♪ ♪ there's no place like home for the holidays ♪ ♪ 'cause no matter how far away you roam ♪ ♪ if you want to be happy in a million ways ♪ ♪ for the holidays you can't beat home sweet home ♪ blake: lawmakers back to work, some of them at least in our nation's capitol tomorrow as a the partial government shutdown prepares to enter day six. joining me now to discuss is someone's whose emails randomly get once a month or so, brad blakeman. blake burman, brad blakeman. >> how ar

kristina partsinevelos with more. >> another day, another day of volatility.ening? on the back end, you have this fear of a global economic slow down. you have concern about the federal reserve increasing interest rates on wednesday and close attention to what jay powell says regarding 2019. that will make debt more expensive should we see more interest rate hikes. and then of course, you also have the news -- i know you've been covering this -- the fact that the federal judge in texas ruled that obamacare was unconstitutional. you have stocks like cigna, cvs down. and then point out oil. the price of oil has fallen below $50 a barrel. $49.88. that's a huge drop. we haven't seen it this low in 14 months. you do have concerns that a recession is looming. a study from the "wall street journal" and nbc polled 900 people and felt that a third of americans say the economy will get worse in 2019. that's the highest level in five years. last but not least, another poll from reuters saying economists predict that a recession will happen in the next two years. that's a

kristina partsinevelos joins us. >> what a day here on the new york stock exchange floor. you saw traders happy. you saw quite a rally compared to the worst ever christmas eve plunge on monday. what do i mean by a rally? you saw the dow closed up 1,086 points. that's the largest single day point increase in history. you also saw the s&p 500 higher. you saw the nasdaq closed in positive territory. this rally comes on the heels of a massive sell-off on monday as news surface that treasury secretary steven mnuchin contacted the ceos of several major u.s. banks asking if they had enough liquidity to see them through 2019. president trump added to that market anxiety is well with a tweet blasting the feds saying "the central bank is the only problem for the economy." most of monday's woes were wiped out after one has economic advisor kevin hassett said powell's job is 100% safe and the president has no intention of firing the chairman of the federal reserve. kevin hassett defended mnuchin decision to question the banks. >> secretary mnuchin is in constant contact with the finan

kristina partsinevelos, we barely pick up the mail. worth that much. >> i was going to make that same joke. i don't think mind is valuable because half the time i forget to check it. we have a task force put together by the trump administration to figure out how to stop the bleeding in the united states postal service. they have 12 years of losses. one of the elements in their report they released last week, they stated, as i quote, means of generating more income, the mailbox monopoly could be monetized. what do you mean by monetized? essentially franchise the mailbox, sell it to a third party, that third party can charge everybody to ship stuff to your mailbox. it is illegal to not only get these flyers, to promote a company and put the company flyer in the mailbox, you can't even get packages from your neighbors. that is technically illegal if it is unstamped. there is a mailbox restriction law around that, even though many people don't bother to complain. the task force did say in another quote by franchising the mailbox, the usps

to fbn's kristina partsinevelos with the nasdaq where they're battling a ferocious bear. kristina? >> you're 100% right. it doesn't really have to do with the government shut down. it's the fear in 2019 of a economic slow down. you're seeing a sell off in risky stocks. the tech sector, which is bringing the nasdaq down. so let's start with the names. some of the major waggers on the tech sector that i checked before. facebook down, amazon down 5.2%. 1,372. another big mover is google. google we saw just within the past 24 hours today down 3%. so below $1,000. it has entered bear market territory as well. so you're seeing that on your screen, red across the board when it comes to tech stocks. let's bring some green out there, talk about the positives. i want to mention nike. nike released their earnings. they saw sales go up 10% for the quarter. they talked about a lot of strength in north america and more strength in china. the fact that trade has not hit them. we're seeing their stock up 7% at $72.42. we got to bring it back to oil. that is on a lot of investor's minds. the fact t

kristina partsinevelos is in the newsroom with the latest. >> there is always a latest with facebook.yl sandberg saying two employees say voter suppression is a civil rights challenge. she promised that for future elections facebook will do a better job when it comes to meddling. facebook in their post, i quote, we know we need to do more like they said before, listen, look deeper, take action to respect fundamental rights. this comes like you said. reports coming out from the senate intelligence committee on monday stating that russia did meddle within social media and meddled in the election. but more specifically they targeted african-americans. what do i mean they targeted? according to the report there were 80 facebook pages, out of those 80 facebook pages 30 were directed towards african-americans. they created gmail accounts with american sounding names to get activists to rally and protest what, their propaganda essentially. so you had the senate report stating other distinct ethnic and religious groups were the focus of one or two facebook pages or instagram accounts but blac

we have kristina partsinevelos all over it live in the newsroom. what is happening this time.eporter: i spoke to you yesterday that russia was targeting african-americans on facebook. this is a huge investigation by "the new york times." they went through 200 pages of facebook partnerships and automatic system they have with partners and interviewed 50 ex-employees, to discover most of your information continued to be shared with outsiders and with other companies. facebook denies all of this. they say these partnerships, i will get to what i mean by partnerships, these partnerships are extension of facebook. this is just business. they're not selling your data. this is just a deal that they have in place. what do i mean by that? take an example how facebook had been giving away your data. let's look at first, you have got microsoft. they gave access to bing which is the search, to see user's friends without our consent. netflix, this is the biggest one, netflix, spotify, royal bank of canada were actually able to read your private messages and delete them. amazon was able to

we brought it back a little for kristina partsinevelos. i'm giving you the c.p. effect.going to do with it? >> thank you, charles. as we have history in the rear view mirror as markets plunge following yesterday's record-breaking 1,086 point move in the dow, at this moment, stocks are off session lows, maybe it's the c.p. effect, but investors are still taking profits. the dow down 611 points at its low. now we are seeing it down 351 points. the nasdaq down about 42 points and the s&p 500, almost 137 points and we continue to see oil dragging energy names lower

joining me now, kristina partsinevelos who understands these things. >> seems like every day we havement. yes, you mentioned the government shut down. investors are paying attention to that. there's a lot of concern about 2019 going forward. the fed, the fact that they're reducing their balance sheet and you also have this unwinding of positions that happens in christmas time. you have a lot of investors moving stocks around. that's contributing to the volatility. google a big mover. they hit bear market territory. came off their peak down time 23%. you're seeing less than $1,000. another big mover today is nike. their earnings came out really strong. they had sales came up 10% for the courter, doing well in the it and really well in china. they say trade is not affecting their sales. and then oil. it's affecting a lot of companies. bad for some companies but good for some drivers. gas prices right now on average in the united states are at $2.35. we're going to pull that up in a second. that means you can probably most likely expect an influx of drivers the next several days. >> tha

kristina partsinevelos. >> you say it is not going to happen.i know. >> the president said earlier today chances are very good. he did say that, according to, this is this afternoon. they have seven bills they have to still reach a deal on. that could affect obviously seven agencies ranging from agriculture, commerce department, to homeland security. what does that mean for the rest of america? and especially right before the holidays? let's start with the number of people that could potentially be affected could hit 800,000 workers in the united states. you're seeing on the screen right now, the ones that would get no work, they would have to take a leave of absence, no pay. that could potentially affect 380,000 people. those that have to work, deemed essential services, think of border patrol, correction al officers, those are the people that would have to work without pay. so that is a lot of people. imagine, right before the holidays you have to work with no pay? 420,000 people, so what avenues, what areas are going to be blocked? what depar

well, police officer killed in line of duty, kristina partsinevelos has details. istina. >> unfortunately that's right, lauren, detective deidra died christmas eve after police car hit by impaired driver. 32-year-old officer was conducting a traffic stop on interstate 64, she died at the scene. the 6-year-old driver of truck has been charged and operating vehicle under the influence. and former nissan executive greg kelly released on bail yesterday in tokyo, he was being held on 636,000-dollar bail over charges of misreporting former chairman carlos goshn salary kelly retained for 5 weeks, he was a 30-year-old nissan veteran and top aide to goshn, goshn still remains in jail. and aquaman makes splash with ticket sales and helps set box office record. >> you live in two different worlds. that is is exactly why you are worth it. >> 67 million opening weekend, 2018 all-time best year for north american movie theaters. $11.38 billion for the year. but black panther was the actual biggest contributor in 2018. the film grossed $700 million. and did you guys see any of th

reserve advisor quill intelligence ceo, danielle dimartino booth, from fox business network, kristina partsinevelos is here. point view capital hal lambert joins us and wealth management founder kimberly foss. welcome to all of you. danielle, start with you in studio. anything there that edward reported surprised you? we got quarter-point hike everybody was expecting. the news we get two anticipated rate hikes next year as opposed to three? >> right. the thing that concerns me, the thing markets initially reacting to we're seeing right now, there was no hint of a pause. connell: okay. >> there wasn't that much softening of the language even though they obviously did allude to what is happening out side of the united states. but they left the word gradual in there and gradual is typically interpreted by the market once a quarter. it is a precommitment to continue hiking rates. i could see the markets could interpret that being hawkish. connell: people look at that and parse these words word by word, chris tina. statement further gradual increases, now quote, some gradual increases, is that your poin

kristina partsinevelos, more precautions taken even though the gas tax hike was put off.ter: it was put off. they have a new demands around the cost of living, demand of living, these are the yellow vests protesting past few weeks. there has been hundreds of arrests, even deaths associated with the arrest. violence has erupted. they are continuing their protest. taken to facebook to organize. paris will have 8,000 armed guards. there will be 89,000 total in the entire country. there will be armed vehicles entering paris for the first time in 15 years. what shop owners are doing right now, they are boarding up in the area. some are putting up wooden planks. almost as if preparing for a hurricane. you have, like you mentioned the eiffel tower closing. several museums the champs-elysees and the louvre. who knows what will happen sunday. she said in the surrounding area you can expect a lot to be closed. protesters are asking for new demands. not just a fuel tax hike. they want to see an increase in minimum wage. they want parliament to be dissolved. some are asking for macro

kristina partsinevelos has more with a farmer to farmer event going on in omaha, nebraska. ina. reporter: neil, this is not just any farmer to farmer event. you have farmers sharing data how to improve their crops. tracy farming the past six years. wheat, soybeans, corn. start with the tariff, how that affected your crop in the past year or so. what happened? >> the crop sustained, a great year, growing year, we had this bountiful harvest but no one wants it right now. so we just sit there and hope that something will be resolved. and it hasn't been. so we're looking at a difference of 3 or $4 per bushel from where we were last year. reporter: wow, $10? >> we were 9 and $10 earlier. we have been below 7 because of this whole issue. reporter: that is a huge hit to your bottom line. within the past 24 hours china said they would increase their purchases. they are already done so how do you feel about that? will they follow through, are you skeptical? what are your thoughts? >> there are so many variables and some teasers and so many instigators and tweaks and everything that s

tech analyst russ khristich, kristina partsinevelos and susan li are here with us. of all, kind of a risky time market waste to be issuing an ipo. susan: you have to go because after early investors venture capital money had been in the company for 10 years, they want their money back at some point. if your competitor is also wanting to get the market before you, maybe up some of that investor dollar in the markets come you probably want to run ahead of them. but you should want investors, overvaluation of $70 billion it looks like the underwriters want to get to $100 billion or that's a silly company making losses. one by 5 billion each and every month. david: and also kristina comeau woodcut dimensioned uber has a lot of baggage. a lot of cities around the world that have this relationship with taxi is why you can say lyft has some opportunity because they can gain more market share potentially damp uber. susan mentioned the strength of some of these ipos is the averages 10 years and he used to be about six white nine years before they actually went public. you do

kristina partsinevelos. >> his latest eight approval rating is down to 23%, according to the elab surveyrnment and angry with macron, saying he has forgotten them. many living in rural towns have to spend almost half the income driving into town. so that is why they are protesting. goes beyond the fuel tax hike. the president of france is expected to speak in just a few moments. he has to prove he heard and understood the people. you have a statement from the government spokesman, obviously we underestimated the need of our fellow citizens to express themselves and tell of their difficulties. it is anger that is difficult to understand from an office in paris. so macron has been meeting with unions. he has been meeting with employers, regulators, according from the hill you're expecting tax cuts and possible subsidies for lower income families. look at the damage on the screen that hit a pivotal moment in the year for france. a lot of tourists coming during this time. the france central bank downgrading their economic outlook for the country. the fact that dozens of businesses, small to

price waterhouse cooper metro shall in fbn kristina partsinevelos. thanks for coming in.ving even though it does concern me a little bit. her right now that is translating to really robust sales which is good for the economy right now. >> i still think it -- they are massive. the shirt yesterday for 30 bucks. everything is on sale. margins are a lot smaller. talking about the 5% increase year-over-year. a lot of it could be funded by credit card debt, which we've seen. still a little hesitant. >> i wondered when i walk into these department stores how any of these stores make money. everything is discounted. >> they've got all this overhead in so much of the business is going online making it tougher for these retailers. some of the names are doing well, but overall there is a lot of pressure on retailers to make this work. in general americans love to spend, not so much saving. in terms of retirees coming under financial pressure. they're waiting for the social security check to come in. they're desperate because it's their only source of income for a month. some seniors

especially in light of the mnuchin calls and presidential tweets about the fed, let's bring in kristina partsinevelos from the new york stock exchange. david made an interesting point before wrapping up "varney & company." you usually get a light day on christmas eve but instead, there's fairly aggressive conviction to the downside, volume wise, down 430 points. >> that's because normally right before christmas you don't have headlines like this. any type of major headline, you will cause massive swings due to lower volume. that's part of the reason, even just now, we are talking about the fact mnuchin called on sunday these banks. where was the problem in the first place? people weren't talking about bank liquidity. that's a major issue. literally before going live, one trader handed me this article from "forbes" stating that adding insult to injury, investors dump u.s. stocks and buy china. so clearly, there's a lot going on in this market, lot of headlines and that's adding to the volatility that we are seeing even today. connell: we only have an hour to go, less than that, john. what did you make

kristina partsinevelos, millenial politics founder, nathan ruben. we are the lazy ones, huh?> i know. blake: what about our age, market handed off to us, i think we did pretty good last 10 years. >> we're responsible for absolutely everything out there. all the corporate debt, government debt is millenials fault. realistically we do remember the 2008 recession. we're fully aware of what is going on in the markets. doing things differently than the previous generations. i don't think all the blame has to be put on youngers, especially talking about trading. blake: nathan what about that? a lot of this millenial generation graduated from college and market was crashing, economy was terrible, and since then has run with it. >> i think that is exactly right. i think i agree with what you were saying. essentially, the unemployment rate is low but the under employment rate is high. millenials are going to college. they're getting advanced degrees and they're coming out and finding a very competitive world compared to the world of baby boomers and the silent generation. a lot of tho

soybeans as thousands of farmers are gatheringing in omaha for the annual inventory kristina partsinevelosout people having coffees getting excited for the day nice toys behind me mercedes of the farming industry i've got amazing couple married 32 years! and they work together -- start with two you have a farm for hogs grainy soybeans i want to focus on talking about trade talking about tariffs, how has that at a affected your farm. >> we have seen a 20% dedevaluation of soybeancrop hit in hog industry hog operation. overall not a good way to be going into the winter months when we are looking at refinancing, and looking towards next year. >> how concerned do you find that it is going to benefit you, about what about the subsidies 12 billion dollars president offered in summer? are you feeling at least a little bit concerned or are you do you feel you can tough it out. >> we are concerned, and the money that was set aside through usda helpful piz a fewbills doesn't make-or-break an operation. i mean we would like to have, markets not aid, we are very much involved in the fact that markets

charles: amazon reportedly ramping go up after fedex and ups kristina partsinevelos on the floor. >> ones operated through air transit transport services so that means that amazon, can essentially increase ownership in the air transport services to about 40% big news for amazon, amazon air is only two years old working on, providing that two day shipping with prime services, other news from amazon that they are opening up a new regional hub at cincinnati northern kentucky international aby 2020 so they are going to be taking over, switching gears i want to continue to talk about tesla talked about tesla this morning, charles, now you see share price, for tesla going to bring up in a second, but what they have announced is that you know how this always a delay when you are ordering cars talking about the fact they have been so slow to get those shipments to customers, tesla has promised -- promised customers if they don't get car in time they real rei am burst them tax credit 73500 dollars in october 3750 if you ordered in january promises from tesla get your money back, back to you.