wringly, but it is still alive and well. he'll explain that opinion adam: a wing and a prayer. political and business leaders in north carolina, florida, and texas are maneuvering to stop the department of justice's blocked merger of american and u.s. air ways. ahead, north carolina chamber of commerce with why her state is putting up a fight. lori: donald trump a fraud, why he's sued, and what he calls taking advantage of student, and what legal council is telling fox business. we have more breaking news coming up. adam: expecting winter, cold, what did you think i was going to say? dire predictions, arctic blast expected to return with a vengeance. time for stocks, going to the floor every 15 minutes. lauren is there this morning,

and the dow is up, not dramatically, despite bad news with durable goods order. >> yes, and another four-letter word for you, "slow." that's the volume here at the stock exchange, and the dow's up, s&p's up a quarter percent each. the nasdaq is the out performer here, but you're right, the durable goods trend for the month of july out an hour before the market opened this morning with a huge disappointment, down 7.3%, like a one-two punch when you take intoing the friday's disappointing numbers and nine-month low for new home sales and the durable goods report, people say, all right, maybe the u.s. economy is on less firm footing. nonetheless, we have activity today because we have an mna deal, amgen buys onyx, and the stock's serging 8% on the news hitting the highest level in history, and that's $116.25.

back to you. lori: many thanks. that july durable goods miss latest in the string of disappointing economic data. is it e fed to push back that september tape ire that most are expecting right now? markets moving higher today, and the next guest says the bull market is aging, but there's much more room to run. president of the heritage capital. hi, paul. >> hi, lori. lori: a tumultuous couple of weeks. where do we go from here? >> depends on the time horizon. short term, market's oversold, can support a bounce of one, two, three, four, five percent, probably back towards the old highs would be my best estimate in a short term, but i think this is all part of the topping process, and we're going to have a deeper pullback maybe in even a full-fledgedded correction come end of september into october, and then i think we're going right back to all-time highs again late fourth quarter, early first quarter next year.

lori: how do all the fundamental risk factors add up to you? obviously, watching the tense situation in syria with u.s. involvement, potentially imminent, the u.s. fiscal situation, the same old woes coming next year as well. the list goes on and on with government and economic fundamentals, the second quarter read on gdp coming up as well. how's that factor in? will the head winds sort of outweigh the tail wands, if you will? >> so, listen, you could pick almost year in the last five, 10 ten, 15, or 50 years, there's always geopolitical risks, but with the 24/7 media flow, it's tragic. what's going on in syria is hard to watch, but as far as the market's concerned, it's not even a tiny bit of a market concern. the market will be much more concerned about iran, and maybe even egypt, but they are not concerned about syria. regarding what's going on in washington, this is -- this would not be part one.

we already saw this in 2011, and what would spook the market is some kind of -- some new fight in washington that is not already being discussed. that's why what happened in august of 11 was dramatic. you had the debt ceiling debate and downgrade all at once out of the blue. lori: what's the best advice? what sectors right now? >> well, listen, as i said, as you said, the bull market is aging and wringly, but it's not over yet. i think you got to stick with what's working. we like financials still. it's amazing. financials melted up from the 2009 lows, still up loved, room left in financials. we love the transportation index, the dow trannies, and we still -- biotech is the winner this year. i want to play biotechs. i think, after this next pullback, correction, whatever, it's going to work out to be, i think then the market cycles into the real late stage sectors like industrials and energy, but we're not there yet.

lori: paul, what do you think of the interest rates market? despite volatility last week, rates are basically, today where they were a week ago, so what's your forecast there? >> i'm going to go out and take a really contrarian play right now, and that is i think the last three to three and a half months of this year, i think the bond market rallies. i think all -- the rise in rates from may to recent to, you know, above 28 # on -- 280 on the ten-year, they are selling ahead of the fed taper. we saw the bad news with the durable goods and friday, the fed wants a taper. we know that. they have tremendous amount of anxiety and in-fighting. there will be a taper. i argue that when they announce the taper, the bond market rallies, not just for a day or week, but an extended period of time. lori: take advantage of the cheap -- a nice sale to take advantage of the interest rates; right? >> yes. lori: thank you, paul. >> thanks, lori. adam: gold up $1400 an ounce for

the first time since early june. the precious metal leapt to a high of 1407 before pulling back and topping 1400 again after the durable goods report missed expectations. they are trading lower despite signs investors move back to gold. where are we now? around 1393. analysts said gold etfs reported the biggest inflow year to date friday. gold is down 17% year to date. now, someone who is word is good as gold, talking about oil. lori: mine! adam: that's right. lori: i think we're going to sandra, who i have the opportunity to welcome back. great to see you. crude oil around 106 bucks a barrel, world awaiting word on intervention in syria. what else is influuncing the commodities trade today? >> good to see you. oil markets watched closely

because there could be armed involvement, arms involvement from the u.s. if it's confirmed that syria did use chemical weapons, so as we await that, many analysts say that that is what's providing support in the energy market with crude at the elevated levels at about $106 a barrel. that being said, we are down on the session. commerce bank put out a note saying they will be very limited upside, even with the conflicts in the middle east. they are saying until we have any con confirmation this affecs any of the major producing regions of the middle east, which syria is not, there's, obviously, concern it could spread, but until we have any proof of that, we're going to see limited upside in crude prices. today, what's impacting the downside in the crude market is a couple big pieces of u.s. economic data. friday, of course, weaker than expected new home sales, and data, and moving on to today, we have that very bearish durable goods report indicating we are not seeing a lot of spending on the big ticket items like the

dishwashers, refrigerators, and automobiles, weighing on economic sentiment as you know, adam and lori, that weighs on crude prices, and handing it back to you guys, talking about weather and winter coming, there's still hint that hurricanes could be coming through the gulf, and that's why natural gas is the only winner in the energy complex as the cme today. back to you guys. lori: hurricane season over overlapping blizzards. interesting. thank you. adam: problems in the middle east can affect oil. kerry speaks in an hour as the united states weighs military action in the middle east. fox news jennifer griffin at the pentagon with the latest. jennifer? >> well, adam, the pentagon is not prepositioning an aircraft carrier at this time off the coast of damascus. you would think there would be a sustained air campaign, but that's not happening at this point. u.s. officials confirmed the four u.s. navy destroyers in the

mediterranean right now, the uss gravely, uss mayhan, berry, and ramage in position and could launch tomahawks at any point in time, waiting for the decision from the president. the administration is opting to work through nato. >> if there's any action taken, it will be in concert with the international community and within the framework of legal justification. >> the united states stands by and doesn't take very serious action, not just launching some cruise missiles, then, again, our credibility in the world is diminishishedded -- diminished more if there's any left. >> the chairman in jordan today meeting the chiefs of defense of the region, and he talked just how costly it would be for the u.s. to attempt regime change in

syria. billions of dollars, more than 500,000 u.s. troops on the ground, but the institute of war here in washington says there are other options. >> what this leaves us is a limited standoff attack using surface ships, cruise missiles, submarines, cruise missile, and similar missiles from airplanes, all flying below the radar and air defense systems at targeting inside of syria of military value. >> in the meantime, the gulf states spent four tons of light arms in convoys from turkey into syria to the opposition inside syria since last week's apparent chemical weapons attack. adam? adam: thank you very much. lori: not one fight to back down -- not one to back down from a fight, trump squaring against new york's attorney general. we have the breaking new details from trump's legal counsel next. adam: go big or go home.

jpmorgan's call on retail chains' loss that has shares spiking. lori: more fun from the u.s. open, and cheryl casone is doubling up with tracy austin. she was number one in the world and a two-time u.s. open champ. ♪ [ male announcer ] imagine this cute blob is metamucil.

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♪ it's not rocket science. it's just common sense. from td ameritrade. ♪ adam: making money, charles is taking a look at an old-school business doing new things to survive and thrive. part seems like the old ups slogan, logistics 37 >> logistics is helping. arkansas' best. i'm doing this all week from 6-7, doing making your market, and what i'll talk about is, like, four things, forget about pe ratios, all that, forget about it. how a company does in the domestic economy, global economy, innovation, and execution. this company on the execution side is horrific. they missed the street last four of the last four quarters. good news, innovation. you wouldn't think a trucking company is innovative, but the last earnings report, nonasset business, up 63%, emergency

prevention maintenance up 9%, 17% in operating income, household goods incomes surged. old company around since 1923, series of acquisition, and they are reinventing themselves. think ever not just innovation and technology, but look at the lining around the city, shake shack? i mean, that's innovative burger, and people wait an hour to get one. adam: it's greasy though. >> it's good enough to wait an hour in line, but there's forms of innovation, and in the trucking industry -- lori: despite worker regulations on the hours they drive? >> doesn't help, but they have to work around that stuff, and that makes them -- at the end of the day, more competitive. adam: sensing a takeover? >> glad you said that. they have been in the rumor mill on and off for a long time, and hammered in part because of poor excuse, oversold despite the fact it's coming back. feel like they are chasing breakouts, and the new ceo is a

woman, i think, the first woman to run the company in a long time. womenning the -- woman of a trucking company. innovation; right? these old-schoolboys from ors, okay, thinking out of the box. i like it. earnings estimates for the fiscal year this year and next year rocket to the upside. wall street expects big things from the company and could be a harbor for the economy. we'll see. adam: thank you. keep it here on fox business to make more money as he hosts a special called "making your market" at 6 p.m. eastern time here on the fox business network. lori: it's been 15 minutes since checking in with lauren, so let's do that again. joining us from the floor of the new york stock exchange watching big lots. >> hi, lori. a big win for big lots. up 6%, a nice one-year chart as well. an upgrade today at jpmorgan, raising neutral to underweight

giving it a $32 price target, and it's above that right now. we're also seeing some rivals in the space like dollar tree and family dollar and five below, all trading with green arrows today, so those are some of your winners. back to you. >> eric filing a $40 # million lawsuit against donald trump and for-profit investment school. the claim is he is defrauding consumers. we have the latest from the legal team in the bottom line. liz, what is trump's team telling you now? >> here's the news. saying the ag, the attorney general of new york state, eric sneiderman, asked for a $5 million settlement over six months, but the organization refused saying we have a 98% approval rating from the students, not settling for $5 million. they said ag told the trump organization that, quote, the case -- his case was weak, and

he's also, essentially, the trump organization is also saying that the attorney general told the trump team that trump, quote, is 5 billionaire, he's a rich man. he's a wealthy man, what is $5 million to him? he'll write the check because he doesn't want bad press, and the trump team says, quote, we don't respond to extortion or threats and this suit is a big mistake by the new york attorney general. what the suit says is as the housing market near the peak in 2005, he opened a for-profit school to teach students how to make money in real estate. ag is saying it was an unlicensed school, didn't provide mentorship as it advertised, african-american essentially, trump did not hand pick teachers in the institute. boy, they are going at it on twitter. you can see the charges. quickly to the donald trump's tweets against attorney general

schneiderman, why not go after the fraud on wall street stealing billions of dollars, calling the ag a lightweight, go of jon corzine for the hundreds of millions of dollars missing on the part of investors there. it's a huge fight. trump and ag going at it big time. it's being played out in the media. this would be a lawsuit that maybe will take a long time to settle. back to you guys. lori: playing out in the court of twitter, the twitter verse. >> that's right. lori: thank you much. adam: when bigger benefits, officials in three states fighting back against the government's attempt to stop the merger between u.s. air and american, north carolina chamber of commerce ceo with why her state is pushing for a deal to create the world's largest airline. adam: latest on massive wildfire raising through the yosmite national park, the threat to san fransisco's water supply, next.

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>> 20 minutes past the hour, i'm lauren green with the fox nws minute. a massive wildfire continues to rage in california, but officials say fire crews are making progress. the fire now more than 230

square miles in size, threatening san fransisco's water supply, and several towns near the park, and historic giant sectors coy yas. two mill at that particular time groups proposing a plan in which ousted morsi will stop the protest if the government stops the crackdown on them. the hope is the deal leads to talks between the military and the muslim brotherhood. the military jurors who convicted hasan for the 2009 shooting rampage at fort hood are now asked to sentence him to death. the punishment phase of the trial began today, three days after he was convicted of killing 13 people and wounding more than 30 others at the texas military base. those are your news headlines on the fox business network. now, back to adam. adam: thank you very much. the proposed merger between american and u.s. airways could create the world's biggest airline, but the department of justice is concerned about higher airline fares. forget the possibility of slightly higher fares for north

carolina. this merger represents 9,000 jobs, pushing to make it happen is connie, the wilmington, north carolina chamber of commerce. are these new jobs or jobbedded save the because air is important in the north carolina region? >> i can answer two ways. one, we want to save the jobs connected to the airlines themselves, but for us, connectivity to the world is important. look at the companies in wilmington like ge williams, aircraft, veer roon soy, huge users of the airports, 70% of the passengers are business passengers. better connectivity they ae beerabl hy cado ter busessexpa busine, n atact ne job. adam: the department of justice says the two airlines can succeed without merging, and, actually, american has a note this morning, you know, something like $2 billion in revenue, and whereas a year ago, 125 million. they reorganized taking steps,

and couldn't you continue as is? >> well, we would be fine in wilmington as is, but we think the merger would give us opportunity for other direct flights. we had an american-chicago route lost. we think we would be better, but looking at all of north carolina, we're dependent on both airlines, both big servers of us, almost 800 routes, 9800 employees, and so we really believe that from financial stability and viability, the merger needs to go through. adam: you know, one thing you're well aware, when mergers take place, code word is "efficiency," and that does not mean job creation, but usually means elimination of positions which are replicated across the new organization and no longer serve a purpose. isn't there a fear that if the merger goes through, that could happen? >> well, if you -- i think i provide d y'all a chart. if you look at it, there's little duplication in north carolina. we think we'll maintain what we have. >> okay. what do you think are the chances of succeeding? the three states fighting the

department of justice? a lot of people, we had frank lorenzo on the program who could not understand why doj was doing this because for american and u.s. air to compete against delta northwest, united continental, which could go through, and now they won't, seems hypocritical. >> yeah, we don't understand the change in the playing field. americans depended on this merger, and we will support as hard as we can helping the merger go through. adam: okay, connie, we appreciate your joining us. thank you very much, and good luck. >> thank you for having us. lori: i was out last week, but the flash freeze was something else. will it ice the chances with a twitter debut and fewer tech ipos? a warning sign in the health of the bull rally. adam: hits just keep coming, oncoming for the nasdaq. a new number two in town, the second largest exchange after a deal today.

lori: markets higher, who is up and down on the dow, a split picture. back after a short break. ♪ [ male announcer ] how do you get your boce?

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lori: stocks now as we do every 15 minutes. let's head back to the floor of the new york stock exchange with lauren simonetti checking action today. you're keeping an eye on the tech movers, lauren. >> i am, lori. facebook is trying to show us $42 today, hitting a new high. let's wait to see if we get to 45. a lot of people bought facebook last may when they debuted at 45. i wonder what they're doing now. ibm is one of the worst performing stocks on the dow industrials and s&p 500 --

microsoft. they were up on friday when ballmer, ceo was retiring. departure is faster than the company let and and it wasn't as smooth as we thought on friday. other stocks are in the 3d printing phase. the other is 3d systems. it is up more than 10%, hitting historic high. citi, hitting this company with strata gist with buy ratings saying the companies are on the cusp of, much broader adoption. we could see this market, trillion pip, triple within the next five years. both are winners. back to you. adam: lauren, thank you. the fallout from nasdaq's three-hour fault last week, continues. one major concern, how will it impact future ipos? we have david menlow. >> great to be here. adam: the big question is twitter. 2014, both the exchanges are all bidding to get this. does nasdaq suffer because of

this? or can twitter use it to their advantage? >> i think if you get hit in the face enough times as nasdaq has, with the what happened in facebook 15 months ago and what happened last week, at some point you will leave a little black ring that will not go away for a long time. twitter's issue the deal is not coming probably until at the earliest, first, maybe second quarter of next year. so there will be a lot of time going on but twitter is not the real big story. it is all the other ipos that are out there in the tech space from the jobs act, smaller deals, those are deals might sit there with board of directors saying, do we do this or not? lori: if you look at nasdaq ipo volume compared to what the nyse has done, in terms of ipo volume, the new york stock exchange has virtually doubled the nasdaq since the facebook debacle. do you see the gap widening? >> i don't see the gap widening until we see these established nasdaq companies saying i think we're better off if we go over

to the new york stock exchange. but i think there is a good ol' boys club for lack of a better description where the tech guys really want to be in the same universe, same neighborhood and they would rather be on nasdaq now until there is a real reason why they shouldn't be. adam: is there a real reason why they shouldn't be? no one is talking about delisting? >> not that heard. i would be the last person probably to hear about it except for your network. the key here you have nasdaq being the primary and pioneer exchange where all the new technology from the '70s, '80s all the way on, they were the ones getting slammed with it. you have so many other legacy systems trying to talk to one another. while each one wants to say they are the preeminent in their field, getting everybody together is where the problems lie. lori: the number of new tech listings, initial public offerings is down to about 16%, according to dealogic. do you see this as a blip or trend of technology companies listing publicly declineing?

>> i think that is a wonderful question, lori, only from the standpoint we have a balanced market what is in the pipeline. if you start to talk about what happened earlier this year we were going with real estate investment trusts. we were looking at master limited partnerships out there. one worked. the other one worked and they were coming in right after the other. so now it is a balance across the board. i wouldn't say tech filings are coming down is necessarily an indication that the tech market is softening. adam: nyse end upbeating them as they are now in the ipo world? we have efficiencies or layoffs at nyse, charlie gasparino was reporting all last week because of merger there they would be a stronger competitor to nasdaq going forward? >> certainly capital base will make it more attractive for companies to go over to the new york. but overall i think we'll get balancing, equalization to the marketplace. when everything settles down and it doesn't become quite issue it is. adam: it will slow down.

lori: it is embarrassing that the tech-heavy nasdaq, had the facebook debacle and the "flash freeze" last week. what does the nasdaq need to do to rehabilitate its image? >> i don't know it can really rehabilitate its image because i think bob greifeld's interview was disgraceful and passed it off, patronized everybody, talked about defensive driving. i think that is very poor for ceo. if i could put my stethoscope on play doctor for a second? adam: sure. >> nasdaq, facebook they thought was singular issue. the shutdown last week is a systemically issue and arteries in the patient are clogging up and i think they might need a stent. adam: no lipitor to fix it. >> that's true. from a -- adam: cholesterol earlier. all right. david, thank you very much. >> thank you. lori: well, another hit to the nasdaq. maybe the fact that bats global markets and direct edge holdings are going to announce, they have announced they will indeed merge. so this deal will make the new company the second largest american exchange.

that surpasses the nasdaq. the new company will continue to operate the two exchanges, bats and direct edge, currently run and will wait under the bats name. financial terms have not been disclosed but the deal is expected to close bit first half of next year. adam: coming up the direction of sac capital, charlie gasparino announce joins us to discuss what the future holds for the troubled hedge fund. lori: share casone with the best assignment of the day. she is back in flushing, new york, for the u.s. open. hi, cheryl. >> hi, guys. 76 -- 756 million is the economic impact as fans come through the southgate at the u.s. even. never before i tried to use a racket. turns out i'm not that good with tennis. talking a little bit with tracy austin, '79, '81, she won the u.s. open. she will continue on "markets now." live coverage of the opening day on fox business. we'll be right back. say hello.

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officials are meeting with members of the bitcoin foundation trade group. a treasury spokesman tells fox business is part of our ongoing dialogue with virtual currency operators in the u.s. coming up at 5:00 p.m. eastern on "money," we'll have a exclusive interview with legendary analyst dick bove on why he thinks housing market will be okay in a rising interest rate environment. that is latest from fox business, giving you the power to prosper.

adam: are the wheels coming off here? not here, at sac the investigation continues to weigh on the future of the giant hedge fund. charlie gasparino, author of the circle of friends joins with us more exclusive details. before we get there we had a comment in the last segment from

david menlow. >> i thought that was excellent interview. laid out the issues facing nasdaq. adam: with the discussion with greifeld he called it disgraceful. >> a lot of people are. i'm not going to call it that. there are two things bob greifeld had to do, to fix the problem. there is reason why you don't have duncan neiderauer and other exchanges pointing fingers but there for the grace of god go i because of technology. three days best nasdaq blew up, the goldman sachs had a technology snafu. adam: right. >> a year ago, knight capital had huge technology snafu it, wasn't the new york stock exchange fault but it occurred on the new york stock exchange. you had flash crash where was a new york stock exchange issue where the market imploded in seconds. nobody pointed to fingers at him with the technology snafu. what we have is bizarre market. it is not just one market of the it is many markets. it is 40 markets with stuff like bats and direct edge and black

markets. pools. think about it, nasdaq and its stocks is responsible for pricing mechanism, the feed, which is the sip which we'll not get into here but it is responsible for that. it is getting it from all different sources. this is very complicated. i would direct people to holman jenkins column in the "wall street journal" how difficult it is and all computer operated. bob greifeld did a good job getting nasdaq back in order. he did a lousy job communicating that. is that what he is paid to do? yes, he is paid to somewhat communicate. i spoke to him afterwards, he acknowledges that, it is not my fault. i think more, lucid moment when he is not before the cameras easier to say we'll look at that and how we communicate. he did the best he could do under those circumstances. i'm telling you i talked to a lot of people they're not putting guns to him on technology because everybody knows this can happen. it is a problem of the market.

securities regulators have to figure out why we have 40 markets. we have 40 different places and people bob greifeld is getting pricing from. adam: standardize the communication and connectivity. >> maery jo white, has to do this. back to my story, sac capital. this is what i'm hearing from brokers. sac is still mum about the future whether it will be a family office and collect 3 in 40 fees or 3 in 50 fees it has been doing. we have a call to sac capital. they have not responded yet. what brokers have seen is decline in business they do with sac. sac is a huge -- lori: is that surpriseing? >> at first they take steve cohen's $9 billion in fortune and be the same sac capital even though outside investors are pulling money out left and right. that is not happening. we're a couple months into the indictment, a fairly significant decline in the amount of business that brokers do at sac. remember, brokers generate huge

commissions from these guys with trading sac does and it is declining. it is declining around 20% from where it was post or pre-indictment. you do see sac subtly at least at this point changing its stripes. it is trading less. maybe a function of the calendar. meaning we're in the dog days of august. in the past that didn't seem to matter too much at zach, from what we understand that is going on. we'll see where the structure of zach, i brought this up earlier. we were the first to report on fox business network that steve cohen was thinking doing family office. that means no other outside money, just his own family money. at that point, sac a international company, a hedge fund would shrink and lay people off. there are a lot of resume's out there from sac brokers which kind of foreshadows that. one other thing that is interesting, matthew mart tome marks the indicted sac trader on the two drug stocks who the feds wanted to flip with steve cohen

because they had a conversation before one of his trades, he was hit with superseding indictment. we talked about this in the past. superseding indictment didn't additional charges but forfeiture. they want him to give altman any back. adam: family, to turn up the heat. >> good point. what they're saying if you want to go the full distance with us, you don't want to cooperate we'll bankrupt your family. that may be another inducement to get him to flip on steve cohen. it remains to be seen. hasn't done it yet. >> charlie gasparino, thank you. adam: thank you, charlie. lori: let's check the markets here. alan valdez on the floor of the new york stock exchange. alan, we're seeing some gains evaporate. what is the tone of the market today? >> lori, that durable good orders, bad for main street, good for wall street. that number was so bad, maybe the fed will ease up on the tapering talk maybe until 2014. we had nice gains early this morning. slow holiday week basically down here volume eyes. -- volumewise. trading back and forth.

nothing major going on. lori: any particular sectors or particular stocks that you're seeing alan, today? >> volume is light in line with everything. what is good, the psychologically number in the dow holding above 15,000. s&p holding above 1650. those are good numbers. keeping the market up. lori: i would imagine the stock market is calmed by what seems to at least for today a stabilization in interest rates? >> yeah. i mean the interest rates saw popped down a little bit on the durable goods number. everybody is basically waiting for next friday, that big non-farm payroll number. that is the other big number shoe to drop. we'll see how that kicks out next week and waiting for the fed early sent. this week we're holding our heads above water. lori: we'll get a print on second quarter gdp i would imagine there is lot of calm before the storm, wait and see ahead of that as well? >> yeah. all the numbers play into it. the big number that everybody will wait for is the non-payroll next friday. they're looking for 160.

they need a real strong number. if you get a number 200 that's a game-changer but we're looking for 160 right now. lori: alan valdez, thanks for your take. >> thanks, lori. adam: we want to take a moment to acknowledge the passing after wall street legend. muriel siebert was pioneer as first female member of the new york stock exchange. she was sphereless in her efforts to break up the boys club on the exchange. she bought her seat in 1967. only then women were allowed as clerks and pages so fill shortages during the korean war. siebert remained only member for a decade. siebert died from cancer, yesterday. she was 80 years old. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy.

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lori: big breaking news especially if you're a fan or investor in soybeans. back to the cme to highlight soybeans apparently on a tear. sandra smith, what's going on? >> on a tear. beans in the teens right now, above $13 a bushel. there is hot, hot weather forecast for the next seven to 10 days. that has soybeans hitting an 11-month high. at one point hitting limit up, trading up by the most allowed in a single trading day, closes in about 20 minutes. exciting day in the grain pits. we'll see if we close limit up. that could mean a big day tomorrow. back to you. lori: sandra, thank you. soybeans hitting limit up right now. adam: the biggest names in tennis are descending on new york this week as the u.s. open quick kicks off in queens. cheryl casone is live with all the action. what have you got for us, cheryl? >> adam, lori i'm standing at court of champions, martina nafta loaf have and pete

sampras, arthur ashe. someone in the history books when it comes to tennis, former number one champ herself, tracy austin. hello. how are you? >> i'm good. let's talk tennis. >> your broadcaster from tennis legend to broadcaster. what do you see here especially on the men's side? >> i think it is pretty wide open. we're talking about top three. rafael nidal and novak djokovic and andy murray. last couple of years it has been a big four with roger federer in there. roger federer is surprisingly ranked 7th in the world. it has been a decade since he was that low. federer has 17 grand slams, the most from anybody on the men's side. that is surprise he is not in the top three. nidal has played fantastic tennis. he won nine titles. won the 8th french open. was out two months. didn't play the u.s. open last year. andy murray won the u.s. open

last year, won wimbledon this year. which is huge for england and british which was a drought of 77 years. >> he unbroke the hearts of the british if you will. >> the country was in celebration. went crazy. then you have novak djokovic has won a couple years ago. this is three people along with federer would play nidal in the quarters, that is crazy. those guys five years ago are at the top of their game. >> millions of people around the world will be watching. you yourself was here, single's champion, 1979, 1981 what is it like when you're a player and dealing with the sponsors, fans, agents, managers, business people? all of that extra pressure comes in with these players who the other day i'm sure focusing on -- >> playing tennis. >> playing tennis. what was it like, changed from that much when you were playing

tennis. >> i was young. played the u.s. open for first time at 14. it can be overwhelming. you really need people around you, whether your parents, your entourage, agents to help make that adjustment. >> tracy austin, champion, yourself, tennis hall of fame. tracy thank you very much. >> thank you. >> we'll take a quick break. when we come back the next hour we'll talk all about, oh, i don't know, what sells the most. it would be beer. we'll talking with heineken in the next hour of "markets now." live from the u.s. open. thank you, guys. lori: can't wait, cheryl, thank you so much. >> you bet. lori: a gorgeous day out there at flushing with cheryl but looks like anything but cold out at, well as we just said. looks like it will be winter though and a cold one this year especially if you look at the 2013 farmer's almanac which is predicting a bitterly cold winter and a blizzard that should hit the northeast just in time for the outdoor super bowl

in new jersey. it is the first outdoor super bowl held in years and folks at almanac say it might be a storm bowl. how fun though. the almanac claims the forecasts are correct about 80% of the time and they're based on planetary predictions, lunar cycles and sun spots. what do you think? adam: i think they were drinking some. vodka cheryl was talking about at the u.s. open. 80% correct. lori: laugh my almanacs. coming up serious stuff the sequester. and syria. greg valliere said any problems in syria will have a big impact on budget negotiations. [ male announcer ] imagine this cute blob is metamucil.

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see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some cholesterol. metacil. 3 amazing benefits in 1 super fiber. >> good afternoon, i'm lori rothman. too weak to taper. new economic data raising doubts fed can taper in three weeks. that plus merger news boosting stocks. stiffle nicholas strategist

kevin can rohn tells us what it means for your money. on alert in syria, the united states and allies weighing how to respond to a deadly chemical attack there while u.n. inspectors come under sniper fire. we have potomac research strategist greg valliere says an attack may come sooner than you think. he is with just ahead. >> giving hope to americans out of work for far too long. we'll meet a founder after landmark program spreading around the country. first we do have full coverage of today's market action. lauren zimmmerman on floor of the new york stock exchange. sandra smith watches commodities in the pits of cme. lauren, you first, stocks hedging higher and drifting some on this first day of the week. >> we're certainly seeing green

durable goods casting a shadow on this market. amgen is buying onyx for their blood cancer pipeline of drugs, for $10.4 billion. this is considered the 5th biggest deal in the biotech space in history. both stocks are up on this news, i want to point out amgen. it is up nearly 8%. it is the number one stock in the s&p 500 today. it hit a new high of $115.25. back to you. lori: many thanks, loren. western countries debate what course of action to take in syria, potential hot weather heatings up the grain market as well. one of the united states's top exports. sandra smith in the pits of the cme with all that and more. hi, sandra. >> no drifting in the cme group. lots of action in several of the different pits.

oil is down about 35 cents on the session cutting its earlier losses in half. there is certainly still a premium being built into the price of a barrel of crude oil right now because of those conflicts in the middle east. it is being debated what the western response will be if it is indeed confirmed there was chemical weapons being used by syria forces. as we continue to watch that, there is put into those prices. also weak new home sales last week. also weak news on the economy this morning in the form of economic data on durable goods orders. so all of that playing out in the oil market. meanwhile guys, just next door in the grain trading room things are rocking over there. just 15 minutes left in trading there. you have a soybean and corn market and a wheat market that are heating up thanks to calls for very warm temperatures across the midwest over the next seven to 10 days. traders taking that very seriously. of course there was a big

pro-farmer report on friday that called for a record harvest this year for the corn market. well looks like that being called into question if we get the hot weather over the next week or so, that could certainly damage yields coming out of the midwest states, the biggest growing regions. that is why we see prices spike across the board. soybeans at 11-month high. soybeans jumping more than 7% into final minutes of trading into the grain room. back to you guys. lori: global population exploding so much demand on those crops for obvious reasons. sandra, many thanks. >> yep. lori: the dow coming off the longest weekly losing streak as stocks pushed higher despite sour economic news. my first guest says the market has gotten ahead of itself and fundamentals need to catch up. kevin caron, stiffle nicolaus. always good to see you. markets taking a pause here. how do you see the balance of the year unfolding? >> i think we could digest a

little bit. after all earnings are up 3%. including financials, strip out financials you will have a even weaker picture in terms of underlying fundamentals in terms of earnings although you have equity markets up 15% or some it is good to see investors willing to take on more rick. nothing really happens that is very positive in the economy unless you have some underlying confidence. a big move in stock prices at least not this year supported entirely by earnings. we need a pickup in earnings in order for the bull market to go on to the next phase. lori: is the economy strong enough to support a pickup in earnings is the obvious follow-up, right, kevin? especially when you look at the durable goods orders disappointed on weak housing starts and new home sales from last week. >> i think we'll get growth in the economy. just a question of how strong. we do have, we do have some taxes that are come on this year. we had a cut back in government spending. overall, the investment picture, you mentioned the durable goods number this morning. it isn't all that robust. maybe 5%, growth in investment

spending. kind of hard to see where the pickup in profit growth is going to come domestically. there is encouraging news coming out of europe, for example, where things look like they're bottoming and starting to get better if we saw improvement in emerging markets, where things have been pretty weak, we could get a source of growth there. but today's durable goods number, it is a volatile number. it was a negative number. doesn't speak to very rambunctious growth in the near term, certainly. lori: given the three down weeks for the dow, the market pause we're seeing here, doldrums of summer, yet people are managing their portfolios, what advice would you give with people with average risk profile right now? >> we have a portfolio that we manage that is based upon asset allocation and in that portfolio we've got back duration in the bond portfolio. we're focusing on domestic equities here in the united states. we cut back some of our commodities exposure there. i think overall patience really does play a role in this. i think when you look broadly at the equity side of things, i

think you want to focus on those companies that have very good balance sheets, very little debt. if you can focus on consistency and recognize that maybe, consistency is going to be what, you're going to have to focus on in a world where earnings growth is slowing. focus on consistency and quality. of course price on the equity side. as far as bonds are concerned, we like a shorter duration at this time. lori: do you have any industries or even an individual stock or stocks that you prefer more than others at this point? >> i think when you go to look at the,. when you look at virus industries health care is area where valuations are still attractive. , balance sheets are good. you have decent demographic trends. there is regulatory risk in the near term as we see that play up. think a lot of that is discounted into stock prices. consumers continue to be strong so i look for consumer names. if you look at a bit after discount, energy is nice place

to look to things to buy. >> talk about regulatory risk, kevin you mentioned financials without them you think the market wouldn't be as strong as tonight. that is something you have to consider. health care ands ifals, that is the risk, regulatory issue. >> there you go. lori: kevin, thanks. we always learn something from you. >> thank you. lori: jeff flock is live at one company building heavy equipment for amusement parks and more next. a new legal battle pitting two of new york's biggest figures against each other. it is getting ugly fast. liz macdonald is here next. oil is down by a couple of cents. you know throughout history,

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surrounded by durable goods and the pop is this. have you ever seen the world's largest popcorn popping machine? there it is right there. it is made by a company called kreteors. andrew is the fifth generation of the company. it is huge. in the "guinness book of world records." >> it was in the "guinness book of world records" in 2006. >> walk around the plant and why business is so good for you even though durable goods orders was down over all last month. >> the reason business is so good for us, popularity largely of popcorn is worldwide and, you know with the advent or growth of the gore may popcorn, carmel corn and thinks like that. >> you make the huge machines. your great, great-grandfather. >> that's right. >> invented the first popcorn popping machine. this is industrial popper that makes popcorn for frito-lay for crackerjacks. >> for those companies interested for producing corn

for retail shelves, they will have a automatic line like this. >> look at economy. i got to ask you about that. durable goods this month, we said down 7.3%. on the heels of new home sales down 13%. the fill any fed says gdp growth will be low. how do you feel about the economy right now? >> for us the economy is really quite good. we're in the obviously the food equipment business and people always have to eat. so we're fortunate that we're in that field right now. >> lori, fascinating to see the machines. they do everything from the machines that you see at the, you know, movie theaters all the way, popcorn-popping machines. they make cotton candy machines and these great hotdogs. if you ever go to a truck stop by god you see these hotdogs, i love them. i, love to -- lori: we know. we know what you like to do with the hotdogs. >> too much time on the road. lori: can i buy one of the popcorn machines for my house?

are they just for theme parks and carnivals? >> if you have enough kids, you can. if you can -- lori: i guess answer is no. jeff, thanks so much. see you again. let's make a little more money. two of big 3d printing stocks hitting new highs. 3d printing we saw you guys demonstrating this on "varney." >> ironically the one we demonstrated on "varney" was upgraded at citigroup. i v been talking 3d all year loaning. i can't understand people are not as excited about it as i am. lori: because you have to be see it to believe it. >> you really do. this is not farfetched in your imagination how this will revolutionize every aspect of our lives. when they get biological materials like ears and organs people will be shocked. that is years down the road. kenneth wong, the analyst over at citigroup that said, i like it as a buy. i bust their chops. the low on the stock was 20 bucks.

a little late but that's okay. strata gist, was better that i like at 3d. doesn't matter. they do real well. margins, are 70%. printers have heavy at this margin -- 40%. exciting special i will be hosting. >> i heard about the special. tell me more about it. >> i want to bust some of the problems and myths like p-e ratio thing. a lot of our viewers or investors want to buy stocks at low pe. this stock has pe of 122. so a lot of people would have missed this particular stock and missed one, two, possibly 3, 400% move. tesla, by the way hottest stock on the market, maybe the year has a p-e ratio of 98. facebook has p-e ratio to 117. that leads me to 401(k) myth. you will not be rich with 401(k)s. you might be okay but people don't have a lot of options.

i will talk about that, most people in 401(k), what is offered at work won't be a tesla, won't be a facebook, won't be 3d until they are old and stodgy they will be a not have the sizzling growth. lori: you compare one stock to its pier to get a means where it is at. >> yeah. lori: what is other way to do it? looking at basically fundamentals to be a futurist? >> a real peer-to-peer review with would be taking both spaces and companies and looking at organic growth, gross margins, operating margins, pricing power. you're right peer-to-peer review is perfect. that is what you are supposed to do. i don't think you can do it effectively just using valuation metrics. lori: you put up 3d printing companies, the technology is so new how else do you know the difference? >> same thing. every company has a presentation or one or two presentations on website. read the presentations.

see what they're doing. l all buying little ones. thrill will be lee or four big ones left and big boys like ge will buy some of them out. you're right about people doing their homework. anyone who won't buy a stock because of quote, unquote, high p-e might do themselves a disfavor. lori: they're investing in 1999 when that strategy blew up. let me read your promo? lori: charles hosts a can't-miss special, making your market. >> popcorn machines are available. i have one at home in our family room. many ours is about six feet tall. we don't have to have one. lori: eye-to-eye for you. >> yeah. lori: that looks like a lot of fun. >> it is. lori: quarter past. let's get an update on the markets with lauren standing by on the floor of the new york stock exchange. you are watching winners in technology for us? >> you got it, two tech stocks, two highs, lori. on friday, facebook showed us a

$40 a share. that was a key level. today it is trying to show us $42, hitting an annual high of 41.94. of course this is on momentum that started last week on the note from jpmorgan essentially saying mobile usage is offsetting declines in desktop. that is where microsoft kind of fallerred. the other stock we're talking about in tesla. did you know out in california tesla holds 12% market share out of all luxury cars? that is unbelievable. they have one model of one car, the model s the good news keeps flowing for the company. the stock is up 400% in the past year. up almost 4% at a new high as well. back to you. lori: lauren, we'll check back in with you, if you're cool with it, in 15 minutes. >> sounds good. see you soon. lori: coming up military action against syria could be days or even hours away. potomac research strategist greg valliere says it will have a critical impact on spending in

washington. check the dollar how the dollar is moving against the world trading partners for the greenback. dollar is strong across the board. right now, 7 years of music is being streamed. a quarter million tweeters are tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build a better enterprise. together.

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>> 21 minutes past the hour.

i'm lauren green with your fox news minute. the obama administration is expected to toughen its criticism of syria's alleged use of chemical weapons against its own people. secretary of state john kerry is due to make a statement from the state department in the next several minutes as the uggs considers possible military actions. it comes hours after united nations on the ground in syria were fired on from unidentified snipers on the way to investigate last week's alleged attack. the president says there is little doubt that president assad's troops used chemical weapons which activists say killed hundreds of people. more than 100,000 people have decide in syria's incivil war international action calls are growing. shimon peres is talking on the u.n. to take steps to stop the blood shed in the country. those are the headlines on the fox business network. now back to lori. lori: fox's lauren green, thank you. my next guest says action into

syria is imminent. joining to us discuss the conflict in syria and implications for the ongoing budget battle, is greg valliere, chief political strategist at potomac research. good see you, greg. >> good to see you lori. lori: americans are war-weary too. we're expected to hear from the secretary of state momentarily, how do you see this unfolding? >> you have to ask the question what are we waiting for? i think the evidence is overwhelming, when the french of all people say it is time to attack and we still wait you have to wonder why the u.s. is being this hesitant. you have to wonder what kind of message we're sending to the russians and iranians if we are still waiting. >> why are we waiting? is there financial implication because everybody is anticipating yet another budget battle? >> it's a factor. we're waiting just to get last minute details ironed out with our allies. i do think we'll move in the next 48 hours. as far as the budget battle, it

is a really interesting angle to this story, lori. because we've got sequester, probably continuing for still another year. i think is going to be the result of the debt ceiling fight late this year. sequester is really starting to hurt the pentagon. if the pentagon is going to spend millions or maybe even a couple of billion on cruise missiles, keeping ships in the region, how do they pay for it? they're hamstrung. i think sequester once again gets really tough scrutiny this town. lori: you have to imagine, pressure because of the sequester, defense budgets even further. such a tough situation because as we said, this is a catastrophic situation in syria. the human death toll is just horrible and, you have to just say, what is the right response, given our own problems domestically. we also want to, greg, have a coalition with our allies to help improve the situation in syria. >> yeah, we can't say we can't afford it. i think that would make people

mock us. we do have money. which do have resources and you have to acknowledge there are some really bad crises potentially in the world right now. the u.s. has to be ready to use cruise missiles to intervene. in order to do that we'll have to spend money. i think somehow this will get tied into the huge fight later this year, whether you keep sequester or not. lori: let me get your take on what you would expect from the secretary of state. john kerry will speak at 2:30 eastern time. we know the u.s. navy has warships right off the coast of syria. they could fire imminently. they're just waiting for commands from the president, correct? >> frankly i don't know what kerry can say. i think the evidence is overwhelming. i think we have to go in. the president of course rhetorically boxed himself in a corner, drawing lines in the sand, these red lines he calls them. for obama to say, never mind, we're not going to move, that is not on option at this point. lori: is there an issue with the

fact globally oil prices have stablized the domestic energy independent story for the united states is really coming along? maybe this is adding to the apathy and their delay in responding to syria? >> you hear that and the country obviously is weary of war, kids coming home without limbs i understand that. but no, i don't think that our energy independence which is getting closer and closer is the big factor. i think the two big factors are israel. we have to have a presence there because israel is a strong ally and the iranians. if we were to not have a strong presence i think that would send a signal to the iranians just as they're getting close to developing a nuclear bomb. lori: so you don't think a ripple effect through the region is a foregone conclusion? you think we can curb it still? >> yes. the problem is, if assad is forced out in damascus, who% replaces him? who are the good guys? it is very hard to say. is it hezbollah? is it al qaeda? more traditional opponents of

assad? it will be very difficult to figure out who the good guys are in this horrible, horrible war. lori: you pack it up against the crisis in egypt that is very ongoing. it is troubling. really, really troubling. one last comment? >> final real quick point. where this i think will not affect the markets. if egypt spins really out of control, people may worry about getting oil through the suez canal. lori: that has been an ongoing concern as well. greg valliere, many thanks for your analysis. >> you bet. lori: coming up new weak signals on the economy but is it enough to delay the long-expected september tapering of bond purchases by the federal reserve? guy labat weighs in. a multimillion-dollar lawsuit with donald trump. liz macdonald is all over this story. now to look at some winners and losers in today's action.

lori: the date is flying by 90 minutes until the closing bell. it is up 20 points but said chart breaks down the component there are a few more repeater's at the moment. catching the action at the new york stock exchange of the session high but not down. >> correct. in degree most of the day. so of course, in the weeks ahead of labor day weekend so the last monday for the stock market. with the big loser this is

the worst talk in the s&p 500 down 6.6% bankamerica and merrill lynch cut the company to neutral also the price dogged -- started down a $5. is big right now but what happens movie into fall it will start to come down a little better. so tyson is the biggest loser -- loser. back to you. lori: the yield on the 10 year treasurys hitting a 3% for the end of the year right now, great to see you guy. with the yields back at where it started today? >> pretty close. despite the volatility last week we seem to have come of the full circle. we did modeling over the

last couple weeks and with our expectations copy with the 10 year yield is about the 280 range so a little bit above that level by no to what what about the federal reserve tapering? >> we think it is. the markets are acting as if they would take into account short-term interest rates and inflation expectations but not priced for a change of the federal reserve or any support from the fed. they're not pricing data and so the tapering is already built in. ashley: for september? the economy is not as in good of a shape. will that go beyond september? >> our expectation is for

november but it doesn't seem to make a difference. with that mechanism of what we're talking about recently in their real power of qe3 was open-ended now it no longer is sold that power is not in the market anymore. but we can expect volatility lori: what will trigger that volatility? i know market treasury auctions will that dilutes the price? >> this week we have the two, five, seven your treasuries there is pretty good demand but what concerns me is we get the 30 year bond in the issue is not that the bond is reflecting better economic conditions but greater liquidity risk so that the markets are likely to reprice an those options are

coming next week. lori: new shoes totaling $5 billion that you point out is a lot with that time of year. deal like that as the investment tool? >> we seek the municipal bonds are cheap compared to treasurys although there are too much price into them with the detroit bankruptcy although that is a unique event but on the heaviside before the holiday week but on average we're looking at 6 billion a of think it is that far out. lori: any other fixed-income tools we should look at? >> we have been encouraging customers to look at one market that i mentioned before is the fluting note rates issued by corporations and start with a fixed-rate but then five years convert

to the floating rate but the benefit is the risk of the 5 yards -- five-year bond defensed does start to hike down the road. lori: i do remember that discussion. thank you. breaking news will closing down $0.5,105.92 a barrel. so with the decline in oil prices that is it today decline for the price of crude. donald trump is being sued $40 million for full profits of trump university for deceiving customers at every stage. his legal team has responded in rehab the details. >> they said the new york attorney general allegedly tried to settle the case but at just $5 million was

pushing to settle. allegedly he told the trump organization his case is weekend he has said he doesn't have the case but that he needs to move forward but it is like clash of the titans now trump is sticking to the twitter feeds saying the new york attorney general says he is a rich man. what is $5 million to him? this is the trump attorney with the new york attorney general has told him. you can also say -- a season he will write the check because he does not want the bad press and then the response was we don't respond to extortion or threats this will be judged and this is a tremendous mistake according to the attorney general and the twitter feed is blasting the

new york attorney general calling him a lightweight, why a did he come to my office looking for campaign donations? lori: no way. >> why does he go after jon corzine for the money that is still missing? what does he go after the billions of dollars were lost all over wall street? this will be the ugly battle lori: it is being fought out on twitter on the twitter feed it. lori: the site of the times. trump university is not around anymore? >> inactive since 2010 this is 2005 through 2011 but he said we have refunded students there many and we asked the new york attorney general of apollyon's made. lori: how did they get out 40 million? biddmckee said essentially those of the statements he

was making in the media already otherwise it is the destruction is what trump says. lori: elizabeth macdonald. chock full wheel to the next fed meeting in austria pays close attention we will check-in next. sponsors are geared up for the u.s. open and cheryl cassone has the previous. >> you mention sponsorships what about a sponsor 22 years straight? but you know, it is all about the beer and a food. we'll be joined by the director of defense in do not believe how much this costs. you will be surprised. a better deal than you may imagine in. opening day. fox business is life. [ male announcer ] imine this cute blob is metamucil.

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member of that new york stock exchange has died. she bought a seat in 1967 after months through struggling with the males initially resisted her joining she died of complications of cancer and was 80 years old. coming up in exclusive interview with dick bovet on by rising interest rates will not kill the housing market. that is the latest from fox business network giving you the power prosper.

lori: heineken in getting into the game kicking off the u.s. open and offering additional ways to connect with attendees. we are live up from the open with all the action. did you have to be on site

to take advantage? >> certainly. a lot of things happening on the ground of the u.s. open. when added 7,000 fans will grace here over the next 15 days. very wealthy individuals they want the best of the best weather food or t-shirts and of course, a good year. one company has sponsored 22 years may be one of the longest partnerships ever. we have the director of the events for heineken and this is very important. >> is. an opportunity to engage with our fans and our consumers as well and we have had a great partneeship 22 years and we can meet one on one. >> but those coming to the gates average income $115,000 for the average attendee. that is a high net worth individual.

you feel you are connecting with them? >> they loved beer we want to connect with everyone and engage with them at a level that they can watch. >> you have paid new instagram program explain to me the contest i know it is social media. >> one of the things is it puts instagram on its side so you have to find clues so the people have to wait until the men's final. >> you have the beer and also the heineken house it is a gigantic. >> it is a food court the first time we have done it one of the only places consumers can come to hang out. >> hi ken does a lot of the

fence around the country not just the u.s. open. >> and the heineken house will be at all events moving forward. >> it is new for the company as well. >> yes. >> besides the sports fan's this is a commemoratives class that is $9.50? that is a good deal. >> you can keep it. >> also celebrity chefs so what is going on the? >> here the for sale which which is a combination but this is a cuban vegetarian sandwich that we have made. this is $15 and this is $13. >> but it is very high end. >> you can only get it at that heineken house. >> also $25 and shares between 32 or 35 this is

just for the u.s. open and make your own apparel? >> we have partnered with a company out of los angeles. >> thank you for joining us and we have to say when it comes to the u.s. open with a consumer, as some of the wealthiest people across the country coming here this is why major sponsors want to be at the u.s. open with a big economic activity just for the 15 day tournament we will be talking about tennis rackets. talk about a sweet story you know the racket size but the company was in jeopardy facing bankruptcy and they turned it around they will be back at the u.s. open and the president will join me coming up on fox business. for now we will send it back

to you. i am collecting souvenirs i promise. lori: you better make a good on that promise. forget the guys on the core of the food alone would bring me there. [laughter] was connected on the market's every $15 -- every 15 minutes at the new york stock exchange. it is the end of summer but there is a lot of information and for investors with the highlight of the next big jaws reports in a couple of weeks and you told me that could be a game changer. what do we need to know for the week ahead? >> everyone is at the heineken house but this will trade sideways this is the

main number of the day. but basically we will trade sideways and then over the 15,000 levels holding steady all good indications. lori: many thanks. so finding jobs for the long term unemployed around the country we have a special guest next the first look at the stock market winners.now, back in a moment. changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big.

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lori: more than 3 million americans have een out of work wander their aunt when

your son have given up looking for a job. one site helps job-seekers try out new jobs. see zero of the workplace also the platform to employment program. please explain more about what you aim to do. >> we will provide remedies that people can overcome the effect of long-term unemployment that is more difficult than before sova with the project to do some research and testing ideas we found ways to rescue the sense of opportunity. lori: what can you tell might viewers right now? >> it is not about job training. it is about the mind and long-term unemployment to

take away a person's self confidence in working on the entirely new prospect. this has been a terrible recession and leaving millions of americans that in essence that has been shed from the work force. lori: can anyone signed up? >> we are trying to extend to different locations around the nation. so far in four different cities and go around next month and hope to do 10 may be 25 next year. moving at a slow pace not $0.1 of public dollars. lori: day you need to push the financing further? >> so in the vicinity of

$3 million for every location to do a write you need $600,000. i am spending most of my time with many and it is doing okay but we do need a greater push tea when you're trying to expand the program but many times they are stuck in their home they cannot sell their hall although it is improving some people are still under water cannot get all to where the jobs are located. >> that is also the emotionally fact eventually it will make its way into the festivities having a car repaired with the entirely new dimension we frankly never had to deal with this.

lori: faq for the work you do see zero of platform to employment. best of luck to you. a very special ceremony at the white house the president towards the middle of the honor to staff sergeant carter for bravery during one of afghanistan's at the biggest battles in 2009. he risked his life to save a fellow soldier while under heavy enemy fire. eight americans were killed in the battle lasted six hours. countdown to the closing bell facebook kids of 52 week high talking to a professor who is an expert and we will talk about his formula if facebook is still a buy.

♪ adam: i'm adam in for liz claman, the last hour of trading, and negative news on the economy appears to have put investors in a positive mood. major indexes rising for a third straight session. it follows a 7.3% drop in other- in orders for durable goods. why are investors upbeat? they believe the number could persuade the fed to delay reducing the bond buying program, and in big merger monday news, shares of biotech firm, amgen, up dray dramaticaly after buying pharmaceuticals, and they lead the sch at one point today. investors like this deal, and shares of onyx up, not bad, for a stock that has questions regarding the cancer drugs delving into this as the hour p