>> on his dealing with china and dealing with russia, no way

in you what what he's going to be softer. he'll be the donald trump that america needs. >> he's trying to defend his record and justify his comments and i don't think it was very effective. >> the strategy of trying to create a false narrative that donald trump is somehow a crook. that's all failed and backfired miserably. >> this man is a fighter and leader. i wouldn't say softer because he's laser focused on what matters to the american people. >> jd vance can go out there and do interviews and speak on his own behalf and he's very well spoken and articulate and energetic and passionate. stuart: what are the producers trying to tell us with that change of heart? lauren: not going to go there. stuart: maybe it's trump. i think he's a new guy.

that headline last night. lauren: a young, strong apprentice as no. 2. >> he walked in with a facial expression i don't remember seeing before. stuart: i agree entirely. we'll get to that in a second. maybe that's what the song is about, change of heart for trump. they're getting me out of this. look at market. it is tuesday, july 16th. and the dow is up 577 points. three stops in -- stocks are moving that index sharply higher. up 1.5%. nice gain. show me big tech, please. they're not all in sync and not all moving higher. only one is. amazon's up $1.37u apple, alphabet, meta, microsoft down. the 10-year treasury yield was well below 4.25, it's 4.20 to p precise. donald trump walks into the republican convention just two days after the assassination attempt.

it was not the normal trump walk on. very little fist pump and not much striving across the stage. ? fact, he seemed subdued and almost overwhelmed by the emotion sweeping through the convention hall and republicans have their guy, and they wanted to cheer on the man that survived the assassins bullet and trump was almost brought to tears and choked up it seemed like a new trump. now look at media's reaction. how wrong can you be? >> >> i love that the republican ticket is a real estate venturer and a capitalist. >> he's now pick ago vice president that's pledged 100% loyalty to the cult of donald trump. >> he would never stand for the constitution before he would stand for donald trump. stuart: i guess they don't like

him. they suggest that had trump vance ticket cannot connect or relate to voters. i think the new trump joined by the youthful jd vance will relate very well, especially with independents who may have been put off by trump's aggressive style and insulting language. he's already pledged to rewrite his acceptance speech to call for unity. by the looks of trump last night, he wants to lower the political temperature. he's become a seasoned politician. he's figured out how to keep his base and win over democrats turned off by biden's decline and inspired by that iconic picture of resilience and spirit. over on nbc, president biden was busy raising the political temperature. he was doing it, raising the temperature insisting again and again that trump is just a liar and doesn't seem to realize his lawfare strategy failed and basement strategy won't work, and his jabs at trump mack him look like an angry old man. meanwhile the new trump uncharacteristically chokes up

as he accepts the nomination of united and adoring party. third hour of varney starts now. stuart: martha maccallum joining us from the convention itself. martha, is this the new trump more subdued and focusing on unity, the new trump? what do you think? >> well, there's no way that being shot at two days ago can't deeply impact your psyche. in many ways the former president is the same man that he has always been, but it just -- there's an added layer of the experience that happened to him. i think you clearly saw it last night and described it perfectly, stuart, in terms of what it felt like here in this crowd. we were up in the booth, which is just up behind me, and near the area where trump entered last night, the former president trump entered last night. you just see him in this moment

taking in the room and it was like a rumble or roar that swept across the floor when we first got a glimpse of him on the jumbotron walking the halls behind the area. in politics at a conventions, a lot of times there's an effort to gin up enthusiasm and room is full of delegates and all obvious supporters, be you cannot manufacture, you cannot create with any special effects or anything else the feeling and the genuine love that people had for him in this room last night. they were overwhelmed when he walked in, and he was too, stuart. i do think that it's a layer to former president trump that will not go away. you're not going to -- it doesn't erase the president trump that everyone has known and that the people in this room deeply love, but adds a new

layer and deeply nuanced one that will help him and it's clearly helping his support right now and gavellizing the republican party around him. stuart: sure looked like it. interview with nbc, biden rejected the idea that he used heated rhetoric against donald trump. watch this and roll the tape, please. >> >> have you taken a step back and done a little soul searching on things you may have said that could incite people who are not balanced? >> well, i don't think -- look, do you just not say anything because it may ins incite someb? >> i'm not engaged in that rhetoric. my opponent is engaged in that rhetoric. stuart: martha, he also -- the president also defended his use of the word bullseye saying at least he didn't use cross hairs. how's that going to go over as a

response to donald trump after the assassination attempt? >> well, look, president trump has had a tragic, difficult few days but these images that we're seeing are so powerful and it's what i was saying before, stuart, you can't create these sorts of things. sometimes in history they happen and they animate the population and i think that in that moment for president biden, he had a opportunity and he's the president of the united states. he has that bully pulpit, which is such a strong force as well. and in that moment, he could have said, look, you know, lester, let's talk about it and we all know the rhetoric and country on both sides has gotten out of control. he could have use that had opportunity but instead he went on dens and i think that it's been a really, really difficult

few weeks for president biden and increasing pressure and it's not diminishing and the pressure sin creasing on him to potentially step down. stuart: actually, listen to this, the new york times has just reporting that democrat congressman adam schiff warned of a wipe out if biden stays in the race. that's a significant move away from biden. it's going to be quite telling i think. last word to you. you. reporter: california, he's not sewing up his support and it's diminishing and on saturday, we were in a moment as a country and there was a possibility we might have no nominees on either side. think about where we would be right now and thank god for all americans whether they support or don't support president trump that that didn't happen and our hearts break for the loss of life that did happen on that day and we need to remember that. we were in a situation where potentially there's one side pushing nominee out and another lost to a bullet at a rally.

it's a take stock moment across the board and see where this goes. stuart: martha maccallum, thank you very much. we'll be sure to watch you on the story live from the republican national convention at 3:00 p.m. eastern on fox news today. special coverage of the convention continues tonight at 7:00 p.m. eastern and here we are at fox business and the dow is up over 582 points and the gain is restrictive and four or five stocks higher. modest gain for s&p and modest for the nasdaq. mike murphy with us this morning for the hour. will the trump rally continues he asks? >> the trump rally will continue. i thought you were going to ask me about dow 50,000 closing in on 41,000 and i thought we were going to go there as the catch up trade in the dow. when is 50,000? stuart: i want to hear it. >> it's coming. it's coming. from where we are right now.

stuart: that doesn't mean much. >> lauren, come in. lauren: first we have to get to 41, 42. >> we do. president biden and looking in movements and markets and how they're moving and understanding that the dow underperformed s&p in the first six months of this year by over 10 percentage points, 10% moven o the dow from here and brings us to roughly 45,000 and 50,000 within our grasp and not in a straight line but what the market is telling you right now, we're going higher. interest rates showing us a 100% likelihood of rate cut in september. so the market likes the rate cuts. trump victory would probably mean lower interest rates for longer and we talked about it and the market likes that. so right now the dow's having a bit of a catchup but it's funny, you led in with being driven by a few stocks. it's been the knock on the nasdaq and s&p being driven by a

few spots that are moving the markets and that's the way it goes. stuart: your position is over here ands market goes up and not going down. >> 75% of the time more throughout history and going here and betting that we should bet that the markets is going higher and the concern i have is people at home and making moves to sell something or move into small caps and hearing people talk about rotating them and that sometimes works for a professional trader and long term people should have investment plan and they should stick to it and not be coaxed into moving from one investment to another just because of a day or week or even a month's moving the market. stuart: they've certainly done well over the past 12 or 13 years and taken and gotten in and stayed in but i did. looking at movers and one of the

movers is norbegan stanley. morgan stanley. lauren: at 190 hit a new high and this is down and we've reported at the open and it's turned higher and up 41% in the quarter and investment banking revenue and more market sensitive up more than 50% despite weakness in their wealth business, which is their key business. stuart: ibm. biden now ahead of earnings report and they say they'll be strong and have added ibm to their tactical outperform list because of $215 price target. lauren: the paris olympics and had it with youtube and content creator is out and around paris and giving you lots of fresh content and getting young sports fans is more excited about never before seen coverage. stuart: that bottom right hand corner, dow up 623 and it's having its best day and i think of the entire year, 2024.

dnc reportedly trying to formalize biden's nomination by next week and ignoring a large number of democrats that want him to drop out. secret service admitting that the trump shooter was identified as a person of interest before the attack. listen to this. >> the shooter was actually identified as potential person of suspicion. by the time they were eventually located, they were on the rooftop and able to fire off at the former president. stuart: lawmakers want more answers than that. hillary vaughn has the reaction from capitol hill and trump document's case dismissed bay federal judge and some people on the left think it's the end of the rule of law. trump's surrogate mike davis responds to that next. ♪

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stuart: congress demanding answers from the secret service after assassination attempt and hillary vaughn on capitol hill for us. who does the secret service director blame >> i'm director of secret service and unacceptable and should happen. >> try and stay on absolutely. >> i plan to stay on.

>> it's members of congress doing oversight speedometer and ask those tough questions and the american people deserve answers and there needs to be accountability when there are law enforcement failures to immove to make sure it never happens again. >> she's expected to be here on the hill testifying under oath in front of the house oversight committee on monday and not one and done for her. fox business learning that the house homeland security chairman mark green is requesting her presence at a hearing on tuesday, the next day along with fbi director ch christopher wray and he wants them all showing up with mayorkas on tuesday and chairman green announcing request and saying it's imperative we partner to ups what went wrong and going to ensure this never happens again and the american people and

individuals and families who receive protective services deserve nothing less but the house oversight committee and the homeland security committee are expecting to have a briefing either today or over the next few days with director cheatle and everything at the moment is really fluid. stuart: hillary vaughn, thank you very much indeed. you know by now that florida dices missed classified documents case and mike davis joining me now. this is a win for you against biden's lawfare. i got it. is there any way this case comes back and goes to trial before the election. >> it's very doubtful the case gets resolved before the election and going to the eleventh circuit court of appeals and depending on how that court rules, it could go to the supreme court of the unit. i would say that's judge cannon's ruling was correct.

if they want to appoint a special council, congress can pass a statute creating a special council office. congress did not do that. congress let the old office of independent council office lapse and so the justice department tried to do an enroute. stuart: in your view, is this lawfare tactic by the biden administration, has it failed completely? >> it has backfired and backfired spectacular reigns leading on president biden. the attorney general, merrick garland, jack smith and the biden democrat prosecutors around the country. the american people not biden democrats get to pick our next president. stuart: what about the new york, the new york criminal case. i know that's being delayed and will that ever be thrown out completely? >> judge merchan must declare a

mistrial in that case because he admitted evidence that was subject to presidential immunity in the supreme court and they've made it clear he's not allowed to do that and that's why he delayed the sentencing in the case and if he does not rule that way, president trump will be able to get that before the supreme court and get a favorable ruling very quickly. stuart: i just want to put the quote back up on the screen, will you please. right after the judge threw out the documents case, the left came in saying all kinds of things about the judgment. rob ryaner says we're seeing the beginning of end of rule of law in america. that's going a little far, isn't it, mike? >> he's a clown. what judge cannon did is follow the constitution and appointment clause and appropriations clause and if president biden wants to continue this lawfare he has to

follow the constitution to do it. stuart: got it. mr. davis, i should look into this. mike davis, thank you for joining us this morning. we'll see you soon. >> thank you. stuart: back to the markets. look at that. dow jones industrial average up 600 points and we've got only a fractional loss for the nasdaq and it's come back nicely. s&p still up 23 points. it's the best day for the dow since november of last year. take a look at cryptos too. they've been doing reasonably well recently. bitcoin back up to 64,000, small loss for ethereum right there. how about crypto plays, the is to bees that move in line with crypto currencies. coin base, cray scale and that's ethereum background and digital and block chain, they're all up today. coming up, the mayor of milwaukee doesn't believe donald trump is actually making enoutside with black voters. listen to this. >> people across the united states know that president joe

biden's agenda has been delivering, not just for the united states but specifically for black people. stuart: later on we'll deal with that one. that's coming up on the show. president biden got testy in his interview with lester holt and tried to down play concerns about age and cognitive decline. gerry baker is here to straighten that one out and gerry is next. ♪ what does a good investment opportunity look like? at t. rowe price we let curiosity light the way. asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible.

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stuart: best day for the dow since november of last year. mike murphy bringing along stock picks and got this one today and sofi. >> we've talked about this before and two or three weeks ago down in the mid sixes and announcing earnings in a week or two and i think the stock is finally making a move breaking out above that critical $7.50 level. i think they've got great management. they've got a business that's growing and the ceo and top line businesses gro growing in a bigy and it's under a lot of pressure and one thing is student loans

and the governments forgiving student loans and this is a big thing with a bank or think of it as e trader or charles schwab for younger generation and a lot of upside in the stock and they've bought it recently. stuart: going up today and we're talking united healthcare and it's at 545. >> i do like it. the highest it's been is about 15 points higher than where it is right now, when's the last time your health insurance premiums got cut? probably never. these guys keep delivering and they keep increasing earnings and great earnings report this morning and stock continues to react. i'd say this is potential stock split and keep an eye on him. their business is humming. stuart: good stocks help. seems to help. stuart: jd vance is trump's

running mate. alexis is in milwaukee. what's the reaction to trump's pick? reporter: hey, stuart, people we talk to before this came out and they liked jd vance specifically because he's from the midwest and jd vance with the first term in the senate and he could be on the path to the white house and trump picked him as his vice president and president trump got 20 minutes before this and trump said the voters. >> i think you're the guy who can help me in the best way. you can help me govern and win and in the midwestern states like pennsylvania and michigan and so forth. reporter: former president donald trump and ohio senator jd vance and critic turned loyal

ally and 39-year-old, is pretty young for the job and youngest vps picked in the country ever. he was with a 2016 book he called hillbilly elegy and growing umm in appalachia and raised by his grandma and dad left at 6 years old and his mom battled severe addiction and tries to connect with people across the country about that. he was elected in the senate in 2022 and one of the biggest advocates of the former president's make america great again agenda. despite being in the senate for a short time, there's a list of policy positions and we want to go through a few and doesn't support giving more money to ukraine and wants to close that boarder and finish building the wall and increase tariffs on china. the view on abortion is going to dominate this party going forward, watch. >> the views are very simple,

sean, believe in reasonable exceptions because that's where the american people are and you've got to let individual states make this decision. i want since this announcement, democrat haves been slamming vance that he was a former critic of the president and they paused some attack ads after trump was nearly assassinated and they're back on here in milwaukee and dems are going after this duo. listen. >> i think he's a ruth lestly ambitious politician and say and do whatever he has touchdown pass get ahead. we saw that all through 2022. reporter: jd vance has a speech at rnc but he'll be on the campaign trail for the former president in the coming days and a big fundraiser in oklahoma scheduled. stuart. stuart: alexis, thank you very much indeed. dnc reportedly pushing to formally nominate president biden as their candidate next week. that's a month ahead of

convention. wall street editor at large gerri baker joins me -- gerry baker joins me now. adam schiff, california democrat, he says with biden at the top of the ticket u the democrats will face a total wipe out in the election. so democrats continue to drift away from biden precisely at the time when he desperately needs them to stay on board. >> yeah, i think the democrats are trapped, stuart. they had a opportunity perhaps a couple of weeks ago after the disastrous debate performance getting joe biden off the ticket to persuade him or force him off the ticket if they could. i think that opportunity is basically gone. you've said they're going to move to try and nominate him virtually in the next week or so why which they'll be too late and of course the assassination attempt by the weekend has changed the whole context of the debate and look for the

democrats now to change the president in the current circumstances and supposedly the whole tone of debate is scheduled to change and i'm skeptical about that. it's going to be hard and they're trapped and they're stuck with joe biden is refused to go despite all the claims that donald trump is an existential threat to democracy and continued to stay on the ticket and looks likely he'll lose to donald trump and i think adam schiff is right. stuart: think he stays on the ticket despite that and stays on that and that's the way it'll be? >> it's still possible and more polls coming in and more today and you know virginia trump ahead in virginia and trump winning all of the swing states and the sienna poll and may well be more demands for him to go, but what we know, stuart, very well is it's very hard to remove the president. he's won his primaries and he's very difficult to remove an

incumbent president unless he wants to go. if you're determined to stick it out and deputy haves to dbrox through a terrible, terrible fight to get him off the ticket and alienate a lot of supporters and particularly african americans that were strongly supportive of joe biden is the democratic party. it'll be an incredible mess. if biden wants to stay, yeah, he stays. stuart: he's stuck, they're stuck and we're stuck. president biden tried to defend his mental age and fitness during that interview. watch this. >> the idea i'm the old guy. i am. i'm old. i'm only three years older than trump number one. and number two my mental acuity is pretty damn good. i understand why people say god, he's 81 years old. what's he going to be at 38 years old or 84. that's a legitimate question to ask. what i'm doing is going out and democrat stating to the american people that i'm in command of all my faculties and don't need notes or telepromter and can go

onto answer any questions at all. stuart: okay, last word to you, gerry, does anyone believe he can be president for another four years? >> no. no. plainly nobody believes that. look, we've managed to find one bit of interview, stuart and congratulations to you where biden was reasonable and most of the time he isn't and many times he says things that make no sense and everybody that knows and spends any time with biden in the last year in particular, he's deteriorated, we're talking about another four and a half years, stuart. nobody think asman of his -- it's not true of all men of 81. it's particularly true in his case he's faced cognitive decline and the idea he's not going to face further cognitive decline in the next four and a half years is utterly absurd. of course nobody believes he can do that for another four years except the most die hard of democrats and they dent believe it either. stuart: gerry baker, thanks for being with us this morning. always good stuff. programming the note, fox

business with special coverage of republican convention. our full noor coverage continues at 7:00 p.m. eastern. tonight is also the major league baseball all star game and being hosted in arlington, texas .x temperatures expected to hit 100 degrees, ouch, how has that affected the game and what is the expected turnout? gary tenny has the story after this. ♪

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my wife making me take relief factor literally changed my life. stuart: dow still up significantically 45 points hihigher and nasdaq down just a traction. mixed market today. price of gold should bring that to your attention. just hit all time record high,

$2,468 an ounce and up $40 today. then major league baseball all star game and tonight texas temperatures are expected to go over 100 degrees. well, garret tenny is at the stadium. will the weather keep the fans away tonight? reporter: stu, it is going to be a scorcher out here today. the good news though is that tonight the game is going to be indoors and they are closing the roof of globe life field and the ac will be blasting for the 40,000+ fans that are in attendance. there's a lot going on outside today though. just next to the ballpark at the all star village. more than a million square feet that's been turned into any baseball fan's dream play and they've got batting cages, coaching clinics, meet and greet with some of the all time greats and a virtual reality and home run derby and the mlb is doing everything it can to keep folks safe.

hydration stations, misting fans, sunscreen and lots of shade tents set up throughout the all star village for tens of thousands of fans and excited to come out. >> going for the all star game in 1995 and going to bring that in for tonight. he was just born. i looked into his eyes and i said we will go to that, i promise. reporter: the los angeles dodgers blasted 14 home runs in the final round and going with bobby whit jr. and tonight at 8:00 p.m. eastern and catch it on fox sports. stu. stuart: got t thank you, garret. garret going to a baseball game in 100 degree weather.

>> i brought one of my sons to the all star game in los angeles two years ago and not 100 but pretty hot. we had a great time and really a great event and the game of the all star game and 100 degrees here and i walk that to you. stuart: you walked here? >> i did. stuart: we'll believe that. lauren: it's quicker. stuart: don't walk the streets of new york in 100 degree temperature. the two biggest names in soccer right now and they met back in 2007 and he was a baby at that time. what got them together? lauren: the picture is going viral. memessi was 20 at the time and e other was six months old and they were photographed together and in spain for the picture and a team charity photo shoot in the town where yamal was born.

there's messi with long hair and yamal at six months old and he's in a bathtub and i don't think messi muay what to do with him. there were two stars together and no one knew this would happen. one wins copa and the other the european championship. stuart: pure coincidence and i kind of like that. it's good stuff. it's that time, show me the dow 30, sense of the market and i expect to see a lot of green. there it is. we have six losers and 24 winners. the dow is up 500 points. 40,723. president biden is going to speak at ncaa event today, and he's also recording an interview for bet, black bernards entertat television. cause jd vance help with the black vote? we'll ask the former intern for obama who's now a trump surrogate. ♪

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the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title. stuart: this just coming at us and learning more about nikki haley's convention speech tonight by the way and source tells fox she'll address voters who are uncertain about voting for president trump and make the case for why she is voting for

him. that's the speech from nikki haley. what does the bidened a menstruation think about trump's pick? reporter: stu, president biden himself is trying to create a rift about the new running mate and bringing up past criticism of trump and specifics. >> this is something that he said about trump. look, the point i'm making is that jd vance has adopted the same policies, no exceptions on abortion, making sure that he supports the new $5 trillion tax cut and trump wants to give the next administration. reporter: warning about democracy here and they're clear and and undermine them and to our future and president trump advertising is back and only minor tweaks to the language and

he's explaining why. >> what's important is that we draw contrast and going with 25 agenda is dangerous and it's harmful to americans. reporter: campaign saying kamala harris is ready to debate senator vance. dhs says they're ready to protect him. >> by the time you've been here, the former president selected jd vance. what can you tell us about the security for the running mate? >> the united states secret service when the selection is made will provide the appropriate level of security. reporter: we'll find out how much senate xx vance's selection and addition to the ticket factors into president biden's new stump speech and delivers remarks to naacp ask tries to improve his position with black voters out in las vegas this afternoon. stu. stuart: thanks, peter. i've got more on that right now.

joining us is the former chicago area dj who was fired for her conservative views. she's also once interned for barack obama and now she is a trump surrogate. p ray, welcome back to the program. always good to have you with us. >> thank you. stuart: in what way will jd vance as vice president help trump with black voters? >> i think that jd vance has a story of overcoming adversity that transcends race in this country. he's a hillbilly and american hillbilly culture is the same as american ghetto culture. it is american poverty. so he's a shining example of how one can overcome their circumstances with great choices, and i think that his story is going to resinate very well with americans. stuart: it really is a remarkable story. he was raised essentially by his grandmother and mother was an addict but she got off the drugs and is being clean for ten

years, that's a great story. another one for you p rae. president biden is the clear winner when it cops to reducing violence. watch this. >> we're seeing crime trend down year over year in milwaukee. i don't think there's much to touch in terms of public safety when you compare the policies, when you compare the records of donald trump and joe biden. joe biden is the clear winner in terms of reducing violent crime in the united states in his presidency. stuart: okay, the clear winner in reducing violent crime is joe biden. you're from chicago. has biden cut crime in chicago? >> absolutely not. he's actually sent more violence to us through his open border. now we have criminals here that cannot be prosecuted, we don't have their names, we don't have their ids, we don't have their fingerprints so he's actually

compromised our health safety and secure much more than any other president in my lifetime. stuart: p rae, thank you for being on the show. do not be a stranger and would love to have you back again soon. >> thank you, and support us at chicagored.org as we rapidly turn the city red. thank you, sir. stuart: i wish you the best of luck with that. come back soon. thank you, p rae. reminder, special coverage of republican national convention tonight at 7:00 p.m. eastern on fox business. yes, it's that time. tuesday trivia question. good one. when was indict coke introduced? 1978, 82, 86, or 1990? put your thinking caps on, people. we'll be back. ♪ can i have another pancake? from full house... ...to empty nest... ...to free birds.

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stuart: we did ask one was diet coke introduced, 1978, 1982, 1990, we are talking about diet coke cannot to be confused with new coke which came out much later in the 1990s and was abandoned. what was diet coke introduced? lauren: 1982.

you are making me make 1990s too late by your commentary and i remember the 80s. 82. i wasn't born. stuart: murphy. >> 1982. i was married with two children in 1978. what did you say? >> 1982. stuart: the definitive answer is 1982. lauren: you weren't really right. coca-cola has actually had a low-calorie option since 1963. was called to but it didn't sell well. they theorized it was because it lacked the coke branding. a new formula but developed and diet coke was launched for the taste of it.