AFN
NEWS
Thursday, January 16, 2020
1)
From ABC News, I’m Michelle Franzen.
This hour House Speaker Nancy Pelosi
and seven impeachment managers are expected to walk over articles of impeachment
against President Trump to the Senate, the form of process and handoff for the
trial. The House approving the final resolution of the articles earlier along
party lines that vote. Representative Diana DeGette reading the tally. “On this vote, the yeas are 228, the nays
are 193. The resolution is adopted and without objection. The motion to
reconsider is laid on the table.” ABC News senior Congressional correspondent Mary Bruce tells us that the speaker picked
a number of experienced litigators to handle the case including Judiciary Chair
Jerry Nadler and House Intel Chief Adam Schiff. “This team is going to
have to get to work, and quickly some of these members were just informed. They’re
gonna be having this position in the last 24 hours. They’re now going to have
to strategize, maybe do a little cramming and prepare for this historical trial.
That starts in earnest on Tuesday.” Senate Leader Mitch McConnell tweeting after the vote, criticizing Democrats over
weeks of delays, saying the House prosecutors have, quote, finally overcome their cold feet.”
2)
President Trump signing a preliminary trade deal with China today at the White
House. There are still concerns over what’s next ongoing trade talks. “Against the
backdrop of U.S. and Chinese flags, President Trump today signed what the White
House is calling phase one of a trade deal with China. “Today we take a momentous
step, one that has never been taken before with China, toward a future of fair
and reciprocal trade as we sign phase one of the historic trade deal.” The Trump
Administration has said China has agreed to purchase billions of dollars of
American farm products. This agreement doesn’t end nearly two-year trade war
between the U.S. and China, but it does mark a significance de-escalation. Karen Travers, ABC News, the White
House.
3)
And on Wall Street, the Dow reaching a new milestone today, closing about
29,000 for the first time.
…………………………………………..
“I’m
Maria Bartiromo and this is the Fox Business Report.” On Wall Street,
the major averages closing in the green with record closes for the Dow and
S&P 500, and the Dow making history today closing above the 29,000 mark for
the first time, following the signing of the phase one trade deal. Among the
gainers today, tech and healthcare companies, while energy and financial lagged.
The Dow winners; UnitedHealth, Home Depot and MacDonald’s. The Dow decliners;
Boeing, 3M and J.P. Morgan. The Dow rising 91 points, the NASDAQ up 7, S&P
500 up 6. // And not a good day on Wall Street, for shares of Target tumbling
7% after reporting a rare holiday sales miss, dragged down by weakness in toys
and electronics. Sales of Target have been robust in the past couple of years
aided by a turnaround plan that included adding more in-house brands, remodeling
stores and cutting prices. That’s your Fox Business Report, I’m Hilarie
Barsky,
invested in you.
