tree into train to president donald trump took donald trump took out an ambitious burst your agenda tackling immigration to infrastructure. a live preview from washington on tonight's presidential address. good morning. i am nicole petallides. lauren: good morning i'm lauren simonetti. one for the history book at the dow closes up and making today. that has never happened and it does 120 year history. dow futures are higher by nine points. the other markets lower this morning. nicole: japanese stocks ended
the month of almost half of 1% picked in 1%. then he kept fractionally for the last trading day of february. in china, shanghai composite index that half of 1%. lauren: south korean prosecutors wednesday the sandstone. nicole: snaps as a quarter of the public offering have agreed not to sell their stock for at least a year. lauren: space x ceo elon musk wants to send people to the moon. we will tell you how you can get your ticket for a moon shot appeared nicole: a one-point win over the new york knicks. king james and the cleveland cavaliers and cavaliers on a high note. lauren: happy to say to you. i for 1:00 a.m. welcome to "fbn:am," your first look at morning markets and breaking news. nicole: president donald trump to address a joint session of congress for the first time.
laying out his vision for the country. >> all it can do is pick from the heart and say what i want to do. we have a really terrific i believe health care plan coming out. we have to understand upon the care has become a disaster. way out of control. i'll be talking about the military and the border. on the border and throughout our country, we are getting the bad one of. drug lords in some cases murderers. >> talked about his ambitious but the nation's governors. blake burman at the white house about the details. >> president trend same increase in defense spending would be a top priority in his first budget. vomiting with governors thursday, the president promised in a non-infrastructure enforcement. the budget expected to be fully crafted by mail at the blueprint in the coming weeks.
the department of defense to receive a $54 billion boost. >> this budget will be a public safety and national security budget. plenty of other things, but very strong. it will include an historic increase in defense spending to rebuild the depleted military of the united states of america in a timely most need it. reporter: the unresolved whether entitlement cuts might be on the table. during the campaign ,-com,-com ma the campaign can a president tribe routinely shut down the possibility. back to you in new york. nicole: fox business for less coverage of the president's speech to congress starting at 8:00 p.m. eastern time tonight. lauren: looking forward. also tonight, senate confirming booker prize as commerce secretary. >> the acr 72. the nomination is confirmed.
lauren: bipartisan support for 27 senators joining all except one renegotiating nafta appeared in north american free trade agreement is a top priority. the u.s. should develop harsher penalties for countries that launch attacks against the u.s. nicole: sadness this morning. a small plane crashing into two homes in southern california killing three people and injuring two others. the cell phone video with thick smoke following the explosion. >> we saw a lot of people are panicking. husband, wife and three teenagers were on that plane. they were flying back to san jose after weekend cheerleading event at disneyland. officials say one of the
teenagers was thrown from the backseat of the plane from america but the girl had only minor injuries. lauren: north korean leader kim jong trinh 11. south korea's intelligence agency says the execution was punishment for unspecified ulcer was made to kim jong trinh 11. the report says the death of kim jong sub one was systematically organize. killed by an agent at an airport. two female suspects will be charged with murder today. nicole: let's get you caught up a global market actually been seen overnight. the party had another record again for that doubt. keeping a close eye in the markets in asia taking a use, mostly affairs. shanghai composite index up half of 1%. nikkei up fractionally japan.
hong kong hang seng and speaker. korea's kospi of the quarter of 1%. lauren: you can see the ftse is that just a point. cac is down not even a point in paris done 13 points. you can see global indicates very much an old waiting for the president's speech tonight to a joint session of congress. defense companies in europe but in a nice day after president trump said yesterday he doesn't plan to increase defense spending drastically. nicole: will make a record today? if we do so, the 13th record close straight for the dow. never happened in over 100 years of the dow's history. the 4.2 c. and dow futures, we could make history today. s&p futures lower by one. nasdaq down three this morning. lauren: and he can't stay be history making. oil down 18 cents. 53.88 a barrel. reuters reporting saudi arabia
says the price target of $60 to $70 a barrel by the end of the year is what they're looking for. true to their futures for rate hike in march have been creeping higher to 35%. vice chairman of sam's son and for that company officials have been indicted today. prosecutors announced the indictment of lee jae jean and others as well. lee was arrested february 17th he's charged with bribery, embezzlement of a perjury and concealing profit gains from criminal acts. he could face years in jail. lee is accused of being deeply involved in the corruption scandal. that led to the impeachment of south korea's president. >> a top executive at dover rejoined the company from google just resign. for not disclosing a sexual harassment charge probably works at google.
he denied the allegation which was revealed this week by day tech news outlet rico. he joined uber and cheney to get the maps and marketplace department and the price of driving technology. lugar has been dealing with charges of discriminatory and sexist behavior at the company. nicole: snap, the parent company of snapchat is gearing up for his $3.2 billion ipo on thursday. snape says it expects investors to pay a quarter of the shares to agree not to sell them for one year. the so-called lockup period helped companies to moderate volatility during that period. the initially long-term is seen as a sign the card would expect strong demand for its ipo. snape is targeting a valuation of 19,000,000,023,000,000,000 from the sale at the new york stock exchange. the ipo to be the biggest since
facebook. lauren: at&t is that the ent over unlimited data plans. less than two weeks after offering its unlimited plan to all subscribers, at&t is now offering additional discounts. the unlimited plan will cost $90 a month for one night. drop it 10 bucks. subscribers to choose one of the tv services will get $25 a month credit. sprint, t-mobile and verizon offer limited plans which costs less money. they range from $60 to $80 a month. at&t has a $60 a month plan maxis at certain data speeds. nicole: amazon plans to sell video games on this streaming site. amazon will begin selling the games featured in the coming months. transfer me twitch from the social site to a social commerce site. twitch is currently free to watching its revenue from advertising and subscription. amazon has links and services to the $99 a year prime membership.
lauren: wal-mart is updating it's not you did a feature will allow customers to skip traditional service lines and use the express lanes instead. ballmer will take less than a minute to refill a prescription. >> eventually will offer customers a transparent model or they will refill the prescription on the activity within a push notification telling them when it's ready and exactly how much it is. it will come into the pharmacy. they will skim the qr code in the transaction will be finished. >> cap expect to for those who use money services at the new feature will remove the paperwork involved if you're transferring money at a wal-mart store. enter your information in the act before heading to the store and of course you can use the express line. nicole: spacex wants to send
humans into deep space. the company and bite you company and thank you i must deliver its cargo to the space station for nafta and hopes to begin to give tourists around the moon within two years he has already accepted a significant deposit from two unidentified private citizens who want to fly around in a bid to fight about a week and, after spacex begins taking astronauts to the international space station. lauren: a look at stocks to watch today. auto parts company reported second-quarter earnings. results for the holiday quarter to be soft. the quarterly revenue up almost 4% in the past year. earnings down 5%. retail earnings pour it in the state. best buy and target on tap. best buy tomorrow, target before the opening day. $1.51 a share, currently trading $20 below its record high than 15% in the past year.
weight watchers report after the close of the company expected to post record earnings of 18 cents a share down from 39 cents a year ago during a conference call with investors and executives will discuss the full-year results. weight watchers up 19% in the past year. train to donald trump big point tonight is his address to congress raising defense spending and border security on the agenda as well as this. >> we have a really terrific i believe health care plan coming out. upon the care has been a disaster. nicole: back to washington with a preview of tonight's speech. you are watching transcendent. we'll see you there. ♪
i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. lauren: good morning. 550-nanometer good president tried making his first speech to a joint session of congress tonight. expected to lay out his agenda for the next year. administration officials lasted this defense spending by $54 billion pay for it for sharp cuts in foreign aid. peter burns will join us live from d.c. for a preview in just a moment. billionaire wilbur ross is officially commerce secretary. the senate confirmed him yesterday 22-77. to carry out the plan to overhaul a to overhaul at trade
shows such as the north american free trade agreement. the cell phone wars are heating up. at&t now lowering the price of his data plan by 10 bucks. that drop the cost for a single mind down to $90 a month. the move comes as smaller rivals, t-mobile and sprint to market shares are the two biggest carriers, at&t and verizon pushing lower-priced plans and plans about a data cap it to dallas on the verge of doing something it's never done before announcing 13 record closes in a row could happen today here at dow futures up six points, s&p down fractionally. that's what's happening right now. nicole: president trying to address a joint session of congress for the first time tonight. peter burns live in washington with a preview and an exciting day. good morning, peter. >> good morning, nicole. they say the president talked tonight about his accomplishments in his first month and discuss a wide range of issues including health care, jobs, infrastructure, order
security and foreign policy paid the big initiative of the $54 billion increase in funding for the pentagon for 2018 and the president plans to pay for her petite cut another government spending. >> we are going to do more with less and make the government being accountable to the people. but can you so much more with the money we spend. with a $20 trillion in debt, the government must learn to tighten its belt, something families all across the country have learned to do. they learn to do and they've done it well. >> administration officials said they brought in this renewal of the american spirit and optimistic vision for all americans. they will discuss solving real problems for real people in the daily challenges they face in our hopes to create economic opportunity and jobs will protect them with security.
officials said the first part of the speech will recount promises and promises kept with the president's executive order syntax companies about keeping at creating jobs in america. the cold. >> what about tax cuts, tax reform. a detailed or clarity? >> should talk about tax reform said he will follow congress' lead on matt and wait until its repeal and replace of obamacare done first. that is a huge job in tax reform will come after that. >> some people disappointed about that. one thing at a time. thinking substances got into office. thank you, peter barnes. lauren: toronto raptors escaped madison square garden with a one-point plan. king james and the cleveland cavaliers with a win over milwaukee. we'll have highlights for you.
the accountant in history that led to this. >> is a mistake. moonlight, and you guys won best picture. this is not a joke. i'm afraid they read the wrong name. lauren: behind the scenes to look at what really went down sunday night. history the market today. data features that eight points. any kid today would be 13 record closes in the year. we've never seen that a five night tina clark in the morning and night use. you are watching your first look at morning markets and breaking news.
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>> is a mistake. someone, you guys -- "moonlight" , you guys won best picture. this is not a joke. there was a mistake. "moonlight," you won best picture. the price water has accountant that caused the blender distracted? they gave warren beatty the wrong angle. he treated this picture of best actress winner and the stone backstage. the word mixup happened three minutes after that. tweets were not sanctioned by the academy and he later deleted the tweet along with all others posted during the show. as for the ratings at the oscars come at a tank to the lowest in
nine years. 32.9 million viewers tuning in to the academy awards. a million less than last year. nicole: latest at the look at the world of sports. iran williams. meanwhile, lebron james returned after being out sick with strep throat. he's feeling better with a big dump on the break. fourth quarter and the combat. bucks down to, but lebron james dunks that. the cavs add to their lead and go on to win a 102-95. admits were toronto raptors. kyl lowry out for the next four to six weeks to a wrist injury -- wrist injury. spacious city three to put the raptors on top or second last for the three and he makes the period five seconds remaining
with the following job are. it is good. the raptors when it 92-91. number five, north carolina visiting number 23 virginia. the first half he makes the three. the second half guy on the wing three-pointer. the game-high scorer with 17. virginia beach u.n. be 53-43. two hockey, and over time. escapes from his own blue line with the pilot and beat goalie job done quick with the winning goal is spirit watch it over and over again. 5-4. lauren: markets around the world are a much wait for tonight's address. donald trump to a joint session of congress. u.s. features right now
unchanged for the broader market. that's right down fractionally. we do get a report, revision to first-quarter gdp to come in at 2.1%. nicole: let's check out the key commodities. oil down 13 cents at 53.92. gold done seven bucks at 12.52. trump, the 31% chance according to cme or a fed rate hike in march and of course a couple of shareholder meetings, apple and jpmorgan target. lauren: president donald trump to ask for a big increase in military spending in his speech tonight. that's not all. >> all be talking about the border. remember this, on the border in threat our country, we are getting the bad ones out. live to washington for a preview of tonight's speech. you are watching "fbn:am," your first look at morning markets and breaking news.
lauren: breaking news this morning. president donald nicole: outlined an ambitious bursary agenda tackling everything from innovation to infrastructure. a life preview on tonight's presidential address to good morning. i am lauren simonetti. nicole: good morning. i am nicole petallides. the dow closes up in again today to mark 13 record closes in about. that has never happened in the dallas 120 year history. u.s. stock market futures. of 13. s&p futures up a quarter of one point. nasdaq futures down slightly. japanese stocks ended the month of 1%.
been a cap fractionally for the final trading day of february. and china come to shanghai composite tacking on half of 1% today. nicole: they will invite the leaders of [speaking in spanish] on charges. lauren: they've agreed not to sell stock for at least a year. nicole: spacex ceo elon musk wants to send to them than in the next couple of years. we will tell you how you can get your tickets. lauren: no thank you great toronto raptors gave madison square garden with a one-point win over the next. king james and the cleveland cavaliers on a high note. we'll have the highlights for you. nicole: 5:31 a.m. in new york. tuesday, february 28th. we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: president donald trump with a joint session of congress for the first time.
to bad his vision for the country. >> all i can do is speak from the heart and say what i want to do. we have a really terrific, i believe, health care plan coming out. obamacare has been a disaster. it's way out of control. i'll be talking about the military and the border. on the border and throughout our country, we are getting the bad ones out, the bad people, gang members, drug words, murderers. >> president talked about his ambitious budget plan during a meeting with the nation's governors yesterday. blake burman at the white house with more. reporter: president trump says an increase in defense spending will be a top priority in his first budget. while meeting with governors at the white house, the president promised spending on infrastructure and law enforcement. the budget to be fully crafted by a man with a blueprint in the coming weeks. department of defense to receive a $54 billion news.
>> the budget will be a public safety and national security budget very much based on those two with funny if other things come up with very strong. it will include an historic increase in defense name to rebuild the depleted military of the united states of america at a time when most needed. >> still unresolved whether entitlement cuts might be on the table. during the campaign, president trump retained the shutdown the possibility. back to you in new york. lauren: fox business love live coverage of the president's speech. it all starts at 8:00 p.m. eastern tonight. nicole: don't miss it. the senate confirming billionaire investor wilbur ross as commerce secretary. >> the a's are 72 the naysayer 27. the nomination is confirmed. nicole: the 20 democratic senators joining a republican
senators except one. renegotiating the north american free trade agreement as a top priority for the administration. he's also said the u.s. should develop harsher penalties for countries that launch cyberattacks against our country. lauren: a small plane crashing into two homes in southern california killing at least three people, injuring two others. cell phone video caught the moment of the crash. huge flames, thick smoke following an explosion. >> we saw a lot of people panicking. the neighbors are exiting. firefighters taking people to safety. >> has beencome away than three teenagers on the plane flying back on the santa fe after event type disneyland. one of the teenagers with proud in the backseat of the plane but remarkably the girl suffered only minor injuries. nicole: north korean leader kim
jong on with anti-aircraft machine spits out free intelligence agency says the execution of his punishment for unspecified ulster parts made. the south korean intelligence report also says that dad has came job -- came job mam. he was killed and nerve agent at an airport at the malaysian government says two female suspects will be charged with murder today. nicole: caught up on global market action overnight. the hang seng in hong kong down three quarters of 1%. to shanghai and china 1%. cost in south korea up at quarter of 1% in the nikkei in japan dumps lately. a mixed bag in a very wait-and-see mode here at london's up two points. cac at one point in france. german dax both than a 10th of 1% down.
nicole: consumer confidence in the latest read on gdp today. the president speaking tonight before a joint session of congress. the doubtful record closes in a row. could today be number 13. tough issues of 12 points. nasdaq teachers don't fractionally. s&p unchanged, very much sitting on your hand-painted date waiting for the details of what the president will say tonight. nicole: let's check out oil as they talk about energy. 5397 a barrel. gold than six bucks at 1252 triads. the south korean company south korean company saint-saens and other officials indicted today. prosecutors announced e.j. dionne and the others today. february 17th, charged with bribery, bustamante, perjury and concealing profit gains from criminal acts. he could face years in jail. he's accused of being deeply involved in a corruption scandal
that led to the impeachment of south korea's president. nicole: top executive at bluebird resigned. he resigned from uber for not disclosing a sexual harassment charge that his former employer. he denied the allegation that was revealed this week by tech news outlet. it was that had up a search at google where he worked for the teen years, joined google in january to leave the marketplace department in the bad sense of training technology. huber has been dealing with charges of discriminatory and sexist behavior at the company. lauren: the parent snapchat for his $3 billion ipo on thursday. it expects investors to buy as much as a quarter of shares to agree not to sell them for a year. that is called a lockout. that helps companies moderate during the period. it's initially long as one year
and seen as a sign the company expects strong demand for its ipo. snap is targeting evaluation of $19.522.3 billion from the sale happening on the new york stock exchange the new york stock exchange reportedly doing run to not repeat what happens with a spout. the snap ipo expected to be the biggest one since face up at the nasdaq. nicole: at&t as the dnc and the competition over data plans less than two weeks after offering instead a plan to all subscribers. at&t is offering added discounts. ninety dollars a month. that's a drop of 10 bucks. subscribers to choose one of the television services will get a $25 monthly bill credit. sprint, t-mobile, verizon offering unlimited data plans ranging from $60 to $80 a month.
>> amazon to sell video games and will begin selling games and features in coming months transforming twitch from a social site to a social commerce site. currently free to watching its revenue from selling advertising and subscription. amazon has links and services to its $99 via prime membership program.: wal-mart acted in its upper pharmacy customers at the feature allows customers using the express lane spitball bart says it's not going to take less than one minute to refill your prescription. >> essentially will offer customers a trans parent model or they will refill prescription on the app. the senate push notification telling them when it's ready and exactly how much it is. they will come in the pharmacy. he will present the qr code at the pharmacy counter or validate that to the patient as in the transaction will be finished. that simple. nicole: wal-mart have to create
faster experience for its money services customer. the future is this the hassle of those who transfer money in a wal-mart tour. they now enter information securely in the wal-mart app before heading to this word in use express lanes. we'll see how all of this helps the bottom line. lauren: a look at the headlines in "the wall street journal." fidelity investment drop in its online trading commissions by 30% to $4.95. fidelity to an enemy to the bottom this brokerage firms fight are increasingly cost of its customers. including charles schwab which recently cut it commissions by $2. similar news from the hedge fund industry. low low prices for years. some of the highest fees in the industry. now the billionaire cutting a for the second time in eight months. youtube tops 1 billion hours of video being watched a day. a milestone field by the
aggressive use of artificial intelligence to recommend videos. lauren: donald trump's big night tonight with his first address to congress. defense spending on border security on the agenda as well as this. >> we have a really terrific i believe health care plan coming out. but have to understand obamacare has become a disaster. >> life to washington but previous tonight speech. stocks rose right now. we have seen 12 record closes. will we see a 13th? but never seen that before in its 120 or history. we can make history today with this nine points at dow futures. nasdaq futures are down slightly. checking in on oil which has been trending higher three or four weeks to decide that there's good below 54 bags. 53.97 a barrel for oil. you were watching "fbn:am," your
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nicole: good morning. 5:45 a.m. in new york. president comic disburse speech to congress tonight. he's expected to lay out next year. administration officials say u.s. to boost defense spending by $54 billion in billion dollars and pay for but sharp in foreign aid and government programs. fox business peter barnes will join us from d.c. or the live preview in just a moment. billionaire wilbur ross is officially commerce secretary. the senate to burn him yesterday 72-27. he will carry out the plan to overhaul trade deals such as the north american free trade
agreement. the cell phone were certainly heating up. at&t lowered the price at unlimited data plans by 10 bucks. the cost for a single phone down to $90 a month. the move comes as smaller rivals such as t-mobile and sprint steal market share from the two big u.s. carriers are pushing lower prices and fans of that data cap. let's check in on u.s. stock market futures this morning. 12 records for that. but could they be the third team pick a first-time mother in the 120 year history. the history of day, s&p futures on the futures on the court is on point. that's what's happening now. lauren: investors weighed in on this. set to adjust for the first time tonight. peter burnside at the white house at the preview for us. good morning to you. >> that's right. more details from trumping say the president will review his first month in office and his accomplishments but also talk
about a wide range of issues from health care to foreign policy to immigration and border security. has big initiatives will be the $54 billion increase in spending for the pentagon that he plans to ask congress for any plans to pay for it with deep cut another government spending. listen. >> we are going to do more with less and make the government being accountable to the people. so much fun with the money we spend. but the $20 trillion in debt, the government must learn to tighten its belt. something families all across the country have had to learn to do unfortunately. but they've done it well. >> administration official told reporters last night the broad theme of the speech will be the renewal of the american spirit and optimistic vision for all americans. the president will discuss real problems for the people of the
charges they face and how to hope to create economic jobs will protect them. lauren. >> also asking about taxes. will not be on the agenda? any surprises tonight? a really exciting tonight. >> you will talk about tax cuts and tax reform. he made clear that would be something he and congress are due later. he's now on board with leaders who say they need to get a repeal in the face of obamacare transfers. that is a huge job. tax reform also a huge job, but they will do obamacare reform first and then tax reform. >> it's interesting how it's going to be marked a mistake because he wasn't so optimistic in the inaugural address. >> he was criticized for painting a dark vision about america and the state of america. yes, he wants to look forward.
analysts say this is an opportunity to hit the reset button if you will. lauren: peter barnes, thank you so much. nicole: thanks ,-com,-com ma peter. and sports, toronto raptors escape madison guarded with a one-point win over the new york knicks. king james and on a high note with a win over milwaukee. other sports highlights for you. the accountant and has tweaked that led to this. >> there is a mistake. someone, you guys won best picture. this is not a joke. i'm afraid they read the wrong thing. nicole: behind the scenes, what really happened. we are weighed in on the gdp number. we are going to hear from jpmorgan. the shareholder meeting today. dow futures up six. as in the features down one point. oil at 5396 a barrel. you are watching "fbn:am"
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blunder distracted just minutes before. brian cullen collins gave warren beatty the wrong envelope. he treated this side of the imus on backstage. the word mixup happened three minutes later. they were reportedly not sanctioned by the academy and later deleted trees along with all others have said during the show. the award show's ratings stayed tanked to the lowest in nine years. just 32.9 million viewers tuned in to the academy awards. that is more than a million less than last year. lauren: look at the latest in sports. the new point guard to run millions to the media before the game pit lebron james returned after being out sick with strep throat. first-quarter shows he's feeling better with a big dump on the bright. fourth quarter in the combat. but sudan, but later, lebron james drives and $56.
they go on to win one of 2-95. bad news for toronto raptors. kyl lowry up for the next four to six weeks because of a risk injury to the team facing the next. switches 53 to put the raptors on top of 14 seconds left. he makes it. they mix up one. five seconds left. a father late jumper and it is good that the raptors when it 92-91. number five north carolina visiting number 23 virginia. the first half he makes the three. virginia at three. second half on the wings. his three-pointer. he's he's a game-high scorer with 17. virginia beats umc 63-43. let's go to hockey. the kings in overtime.
his own blue line with the pot. two defenders on a forehand shot for the winning goal. the wild win in 5-4. nicole: snapchat wants to -- spacex delivers cargo to the space station for nasa and now hopes to begin to take tourists around the moon within two years. spacex has already accepted a significant deposit from to identify and private citizens who want to fly around the mid-to the tourist sites would last about a week and what, after spacex becomes taking nasa astronaut to the international space station back of course. lauren: president turned lauren:'s traffic jams in florida. you are watching "fbn:am," your first look at morning markets and breaking news.
maria: listen to this. resident term trying to make us commit to center-right has a little easier or everyone. construction reportedly has begun on the helipad trump wants to build on his estate in florida. the d will be builon the club's last long. right now, marine one has to land at a nearby airport and make our transfers the president and the nearby presidents like the idea. they say the traffic is a nightmare when president trump
visits. thank you so much for watching us on what could be a history making day here on wall street. >> now, "mornings with maria" begins right now. >> life or my nation's capitol, maria bartiromo with special coverage of president trump's address to the congress. maria: good tuesday morning. thanks for joining us. i maria bartiromo. live from washington this morning. this tuesday, february 28th. her top stories right now pays 6:00 a.m. on the east coast. the joint session of congress tonight. the first time since taking office. commander-in-chief to lay out his plans for massive spending on defense and infrastructure. >> we are going to make it easier for states to invest in infrastructure and i will have a big statement tomorrow night and infrastructure. we spent 6 trillion in the middle east and we have potholes all of our highways and roads.