russia's proposal to turn over its chemical weapons. ashley: many prices selling off on that news as traders try to hedge what will happen next ahead of the president's address to the nation tonight. in the meantime it is time for stocks every 15 minutes, the dow up triple digits, let's head to the new york stock exchange, nicole petallides. what about the dow shake up? nicole: this is a big deal because we haven't seen this kind of shake up on the dow jones industrials in over a decade. we are talking about three dow components that are on the move. here are the names that are moving off of the dow jones industrial average at the close of trading next friday september 20th including aluminummaker alcazar, a hewlett-packard and banc of america. those three are out. what is going in? goldman sachs, nike and visa. the that the name is joining the dow jones industrials. this is a big deal, haven't seen this in over a decade but also the fact the one of the reasons

the three names that were chosen to be removed are underperformers over the last several years of hewlett-packard is a great performer but the other thing is their price, they are among the lower prices than you can see the dow jones industrials is the price weighted index of bringing in goldman sachs, nike and visa and you may remember the other recent moves, united healthcare replace kraft, city was replaced by chalmers and gm was replaced by cisco systems. lori: apple's latest event about to get underway and expectations are it will announce not one but two new versions of the iphone. never done that before. our reporter robert gray is that the event in california with the latest. >> right behind me apple headquarters, and a tightly then this should bring everything, and inside, luminaries in there.

and jack dorsey. and 52 iphone is this time around. not necessarily upgraded, the iphone 5s and less-expensive model the press dubbed iphone 5 c for cheese, and expected later today. and later today, and after years of negotiations for china and mobil, and the largest mobile market where apple has been not only share but revenue declining as well. and clear to us at this stage until we see how much they will charge for these funds whether a chance of regaining market share here and build on that in the states versus the android operating system or keep the

more expensive than some people are thinking to protect the margins which is why we see the stock take a hit. keep in mind stock crashing $700 a share, the most valuable company ever, the friday pretty much ten days after they unveiled the i phone 5 when the iphone 5 went on sale and the prologue will see the current version on sale week from this friday until people are already lining up. connell mcshane left the studio to jump in line and we also get one final detail, talking about the buzz about of fingerprint scanner on the home button which could not only know that it was you for secure log in but secure payment options as well. and we are waiting to see what they're going to unveil but we will be outside at apple headquarters with the latest as soon as it breaks. cheryl: we will point out that apple shares are carrying losses as we and the stand ceo tim cook has taken the stage inside the auditorium and we should be hearing eminently what the new

iphone is will look like and some of the features they will have so joining us a little later in the show to break down this announcement david cohen, founder of the tech website the unlock her. ashley: big changes for the dow, goldman sachs, 90, these are all moving into the dow september 23rd so who is out? alcoa. laurie is devastated. and bank of america. elizabeth macdonald with the bottom line. these are the big exchanges nine years or so. liz: laurie is having separation anxiety. lori: can i take a moment? i need a moment because alcoa is the symbol of american capitalism, the symbol of our industrial strength in this country, the company kicks off quarterly earnings season four times the year, it is a bellwether, a symbol. ashley: used to be. liz: levels it was creating and if it moves 50%, at most 50%

higher, 50% move in and out cowell swing the dow, 38 or 40 points. liz: you're just saying. and also, i hear exactly what you are saying but the committee didn't agree so what is angeles's saying, it was the low stock price. and the desire to diversify to the dow is behind the decision. and changes won't affect the dow 15%. and those stocks that coming in the beginning of the year the dow would be up 560 points. and they considered eight changes to the dow jones, and

they felt they would completely distorts the dow given the size of the market and why nike? they wanted consumer goods company. and i tell you something the fact they considered eight changes. and intel, ge and cisco. lori: the index for 50 something years. ashley: new beginnings. lori: syria and the white house and the u.n. resolution, and they're learning the u.n. security council will hold an emergency closed-door session at 4:00 eastern as president obama is currently on capitol hill speaking with senators. here is peter barnes joining us live from the white house.

peter: the president is having meetings with senate democrats and republicans. he will be briefing them on his decision to begin discussions at the u.n. security council to as the white house puts it seriously explore the viability of a russian proposal to secure syria's chemical weapons that could lead to a u.n. resolution to put syriac's chemical arms under international control to, quote, ensure they are verifiable and enforceable destruction. for now an american military strike on syria appears to be on hold to give diplomacy another chance and as you mentioned the security council will be meeting in closed door emergency session at 4:00 this afternoon but the administration is continuing to lobby congress to make sure a strike remains a credible option and its congressional resolution on syria. >> a lot of people say nothing focuses the mind like the prospect of a hanging. it is the credible threat of force that has been on the table

for these last weeks that for the first time brought this regime to even acknowledge that they have are chemical weapons arsenal. >> the white house hopes the president's speech will rally public and congressional support for his serious strategy. is on shaky ground and the senate looks like it would be voted down if it were held today. on a bipartisan basis despite support from speaker john bain. >> clearly members reflect their constituents. the american people have not been supportive. he has not made the sale to the american people. that is why tonight is so important. >> to show how import it is here's the latest fox news poll what the u.s. should do in syria. 68% of those polled say stay out of syria, it is a civil war. 23% say help because it is a humanitarian crisis. the president's polling numbers

on his handling of syria just 29% approve of it, 60% disapprove. lori: thank you for that. we get more reaction from russia. vladimir putin says syrian chemical weapons handover the plan, will only work if the united states rejects these use of force, developing story, the latest as the day wears on. dennis: how has the president backed himself into a corner? many would say yes. my next guest says while agreeing to syria's proposal to turn over its chemical weapons may not be the best option, at this point president obama has no better choice. joining me now brian gardner, senior vice president of washington research investment bank and broker dealer k. b w. thank you for joining us. if you look at this it was clear the president was struggling to get any backing for military use in syria, not only from congress but all the national polls showed that the people

overwhelmingly did not support these military strikes. did mr. obama get an out from assad? >> in the short term he has gotten an out. this was not going in a good direction. this goes back to the votes in the u.k. parliament where they rejected use of force that precipitated the decline in support in the u.s. and the administration candidly has not done a good sales job to lead the american people to a place where they would agree with use of force in serious though he was left with the prospect of a humiliating defeat in the house and the senate some of this is the out that he needed in the short term. doesn't solve all the problems because the secretary just mentioned in the clip that you just played this is a regime that hasn't even acknowledge they had chemical weapons and now they are saying they're going to turn them over to some kind of international peacekeeping group to monitor, take possession and monitor them. it is not perfect solution by

any stretch but the administration has a little more time in tonight's >> still has to sell the public of why the use of force in syria might be needed. ashley: they have thrown out the original versions of the original, regretting it as we speak but i am sure -- john kerry kind of alluded to is this, the threat of a hanging. the president will say it took my stand, my administration's stand of the threat of force to finally get the syrian regime to admit they have chemical weapons although i don't know whether i have seen that officially and we brought them to this point because of we didn't have that read they wouldn't have done anything. >> you start to get into an important point. tonight in a speech if the administration tries to take a victory lap and claim their stance, their toughness has led us to displace the speech has been a failure. if the president takes it from there you can take a short

victory lap but lays out a case of why it is in america's interest to intervene in syria not just for syria but brodeur in the middle east because of what it means as a proxy with our battle with iran and the north koreans not to mention a more global platform. if he lays out a strategy and the message of why it is in u.s. national security interest to intervene in syria than the speech can be a success but a simple victory lap, the speech is a failure. ashley: how does the president come out of this assuming the plan gets un approved lender everyone says that is the way to handle that how does he come out of this? he has been called many things, the reluctant commander-in-chief, then he finally decides to take a stand and doesn't have anyone to stand with him. how does he come out of this? >> in the near-term i think he is a bit weakened at least domestically. you will go into some domestic battles on the budget, the fed,

the debt ceiling, and he has left people in his own party scratching their heads, people who supported him over the last week to elections that are perplexed, one of his fans in syria don't know what his stance on syria is and they fought their getting an anti-war president who is leading them into another confrontation in syria. without much of a strategy. he is going to have to do some damage control that is going on right now, and it is on the senate side today to get his supporters, he needs to work on his base to get behind him in a domestic flight that he faces over the next month or so. ashley: very good, thanks for joining us, we appreciate it. don't forget to tune in to fox business at 8:00 eastern, neil cavuto will be covering the lead up to the president's address to the nation which comes at 9:00 p.m. eastern and is right here on the fox business network. tracy: we are all over apple's

big event with ceo tim cook on stage unveiling the new operating system. we will bring you all the detail from the big unveiling next. ashley: analysis of the coolest features, we will tell you why today's announcement is the first for apple. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. congratulations you are our one millionth customer.

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lori: gadget freaks out there the appleby event is under way, two new iphone and new operating systems and a deal with china mobile, and in the newsroom with the latest detail. >> iowa 7, the software engine underneath the hood. coming out with new fancy features and things like that

but an important number. the seven hundred millionth device at the early ipods. and that means apple in recent years has shipped seven hundred million gadgets. and they are announcing multiple valises, these will be high quality voices and they will improve other details coming in. get them as we get them. lori: the seven hundred millionth device has been slipped to. ashley: seven hundred million subscribers for china mobile. take a look at apple's stock as will get this company. and dow is down a little bit, 50225 hanging on $500 a share.

taking action after the infamous nasdaq flash freeze coming up charlie gasparino with the latest as the sec review is exactly what happened that day. ashley: and technology really smart. lori: the founder of the web site devoted to getting the most out of your smart phone ways in next. my mantra?

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>> 23 minutes past the hour your fox news minute. a white house official says president obama has agreed to discussions at the u.n. security council on a proposal from russia to secure syria's chemical weapons stockpiles but the president is still pushing the idea of u.s. air strikes across president assad at regina as a fallback. wildfire in north carolina has damaged 30 buildings many of them homes and threatened another 350 structures. the wind whipped clover fire near happy valley has grown to 11 square miles with fire

officials saying the containment increase to 40% from 5%. george zimmerman's estranged wife is not going to press charges after a domestic dispute. chilly zimmerman place the 911 call yesterday saying george was threatening her and her father with a gun. she later changed her story after talking to attorneys. police say video from her i had made the crucial evidence in determining whether any charges are filed in those news headlines. d-backs to lori. lori: the apple ceo tim cook making several announcements about the iowa 7 operating system as well as fireworks software but so far we have yet to hear about a new iphone or two new iphones. the founder and editor and chief of technology website which specializes in helping folks find the real potential in their smart phone. great to have you with us. you are at the event as far we still let me get your initial

impressions. >> my next question regarding what is being announced is what we think is going to happen is there a two rumors, the rumor of the i phone 5 c and 5s, being the run-of-the-mill iphone new upgrade we are used to seeing, processors, may be a better camera, new hardware features and the 5 see is something we have never done before which is kind of we will paula lower model. lori: we have an announcement of two iphones, you can check the blog with me, the cheaper version with multiple colors, green and blue, dennis kneale made it interesting point, when you go to color as a way to advance your product it shows the company may be showing weakness, nothing new, no real technology to advance so the

aesthetic of it, and -- >> i disagree with that little bit. and get bored with two, options. and so many elaborate colors and designs and people want to customize their devices and to represent them. lori: is this enough? are these features many of them are rumored ahead of the announcement today to entice smart phone buyers who now have a choice of smart phones on the markets right now to upgrade and iphone. >> if we are honest most iphone users use iphone now so embedded in the operating system, same for android, is a rare you have someone with and android device that switches to an iphone or iphone to android so really people they are competing against today is themselves. they need enough features to justify someone who already has an iphone to upgrade to the new one. a small percentage will switch but that is a small percentage.

they have been doing this for a while now. the last few years, they always seem to have just seen a features to justify getting rid of the old one and buying the new one. lori: fingerprint technology, is that worthwhile security? is that enough in and of itself to entice a buyer especially, answering my own questions with new security and privacy concerns we have to think about. >> is more secure, harder to guess, you can't guess someone's fingerprint so that is nice. it does offer more security levels, also kind of neat, as the cool factor the remind us of the james bond movies and all that stuff so i think that is a good factor for a lot of people because all so that is one of the few new features of the device that doesn't come with i was 7 little phones that because that is software. this is a hardware features so this is something you have to buy the new phone in order to use. lori: another bit of breaking news out of the conference, tim cook saying apple won't cut the

price of the previous iphone apple is replacing. why is that interesting? >> i am not sure. it sounds like they are going to get rid of it which makes sense because if they are launching this 5 see it will probably replace the level, the price point they were going to sell the old i phone for so they will get rid of that replace the 5 sea and the new 5s will be the top tier. lori: apple shares briefly turned positive and reversed and still lower, hovering around $505 a share so we're still getting news and we will bring it to you in checking with you later this hour, thanks so much for now. ashley: the new iphone 5 c will feature an 8 mega pixel cameras, one of the new features people were looking for powered by and a 6 chip with photo filters so the camera -- lori: better camera. ashley: supersize surprises for mcdonald's. not just shining today. lori: three days in the valley

coverage, liz claman with the apps desire that would make any mom proud. how extensive to correct your posture. [ male announcer ] sheets or bar? how do you get your bounce? bounce keeps my clothes fresh for weeks, even when they've been sitting in the drawer a long time. like those jeans you can't fit into anymore. uh...by that, i mean... [ male announcer ] how do you get your bounce? long-lasting freshness.

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lori: okay. update on the stock market as we do every fifth teen minutes, another edition of stocks now. let's head to the floor of the new york stock exchange with nicole petallides who is watching dow component, mcdonald's. nicole. >> there is a lot to say on dow component mcdonald's, lori. same-store sales up 9%. they did better in europe. that surprised some folks. i will bring you over to see the stock. it is up just under half of 1%

at 96.81. look at the stock while i tell you tidbits pertaining to mcdonald's. how about steak and eggs? that is something mcdonald's is working on. they started to launch a steak egg and cheese, 540 calories. that is less than a big mack. and a blitz box, which is 99 supposed to bring on value. they have a dollar menu. this will be a value type thing. back to you. ashley: nicole, thank you very much. silicon valley is the hotbed of jobs creation that we all can't live without, right? the pc, the laptop and the smartphone and startup companies that make it all happen. liz claman is there for her first day coverage of three days in the valley coverage. liz?

liz: standing up and taking notice. you can only imagine, right? leave it to silicon valley by the way here at the intel developers conference. everybody has their smartphones and laptops. how many do this, you hunch over, right? leave it to silicon valley not only to invent devices and surrounded by solutions. i'm surrounded by people slouched over their laptops and device, right? you realize how bad this is is for your posture? she has fixed the problem. she will be your mother's next friend. you're the cofounder and see i don't. >> that is correct. >> what is lumivac. >> it's a posture and activity sedges sore. you wear this discrete sensor on around your waist. >> i have it underneath my dress. it is very comfortable.

>> when you slouch the sensor vibrates in real time to straighten up. it connects to blue tube with an app. >> i have the app right here. yours is connected to yours and there is avatar. i'm slouching a little bit i'm standing up. >> when i slouch it will turn orange. i got the vibration on my sensor. i straighten up. >> right now, i'm getting a good score here by the way. and i would like to make a revelation. i was born with scoliosis, curvature of the spine. i've always had very bad posture. i've been totally harassed by my mother every single day of my life. this vibrates and reminds me. yesterday i was 50%. i would like to say i'm in the 74% because lumoback is helping. what happens when you walk? >> it will track your steps. >> okay. >> as we walk it will track, it will show us walking. >> can you see this, clancy? now you see the avatar is starting to walk. and -- >> we also do track steps.

so you will see, this is how much i walked today. this is my mileage. this is how many calories i burned. >> you know what? nike, which by the way just joined the dow 30, has that nike steel bands. i love nike products. i bought it. i returned it. because all it did was measure my steps. i felt like it didn't do that much more than that and calories. this is calories plus the posture issue which has become a huge problem for health situation, right? >> that's right. posture is very, it is correlated to back pain as well as to core strength and confidence and appearance. we also focus on sitting. sitting is the new smoking. there is research that shows that everyone hour that you sit, you're shaving 11 minutes off your life. >> i want to let people know that wearables obviously are the hot new thing. here at intel they just announced they're coming out with a tiny chip that will be in wearables but, she didn't need to wait for that. she got eric schmidt for google who has his own venture capital

fund, jerry yang, one of the founders of yahoo! is invested in this company. but kick-starter, you raised how much money? >> $200,000. >> $200,000 on kick-starter which is crowd funding site. what is it about this product that people say, wow, it will do something for our lives and save us money in back surgery which is often unsuccessful? >> posture is something that affects everyone, especially in today's society. we really devolved into sedentary culture. sitting -- >> i'm slouching. i'm busted. okay. >> and sitting has become an epidemic. we are exclusive, we're uniquely positioned not only help you sit less but stand taller. >> she is the ceo. it is lumoback. about $150. my producer, catherine and i have been in big competition. she has hers, right? she thinks she is winning. she already accused me of cheating. can i just say. i'm not cheating standing up

straight. this is amazing invention. we'll watch the wearable technology. back to you guys in new york. ashley: your mother will be very proud 6 you standing up straight and as she watches you in beverly hills, liz. markets now, liz claman will have a live demo of conceptual computing. voice recognition, gesture recognition. i have a few gestures, you name it with the president of intel israel. interesting stuff. on "countdown to the closing bell" at 3:00 p.m. eastern, liz will have the first ever broadcast interview with intel's new ceo. needless to say you don't want to miss those interviews. that will be interesting. lori: do they vibrate, those gestures? ashley: that's extra. lori: breaking news for you. so we're following apple's big up unveil going on right now. they unveiled the second iphone, iphone 5s. as rumored it will come in a gold color as well as in gray and in silver. so apple's big reveal.

new details on the pricing and colors. we're hearing about it all now. it is coming out as you're learning bit as we learn about the details from apple. investors not sure what to make of it with shares swinging up and down since the announcement. ashley: all right. how about charlie gasparino? he will be here next as the sec hunts for answers after the, as i say, infamous nasdaq "flash freeze." don't go away. ♪ no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪

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>> i'm cheryl casone with your fox business brief. toyota is recalling more than 780,000 vehicles for a second time. the recall involves a suspension problem in the rav models built from 2006 through 2011 and the lexus hs 250-h sedans from 2005 through 2010. some dealers learned that dealer mechanics doesn't perform the fix after a recall that happened last august. recession cost each u.s. household between 50,000 and $120,000. that is according to a dallas fed study. they found the financial crisis impacted americans with the combination of lost wealth, like a a lot of value of a house and wage income. twitter is buying this company that calls itself the world's largest mobile ad

server, with two billion ad as day. that is the latest.

ashley: apple is is unveiling two new iphones. let's get to robert gray in cupertino. robert. >> they unveiled the new 5s. they will not lower the 5s. they will get rid of them and replace them with the 5s. not the rainbows, expensive once. slate, silver and gold. maybe nod to bono. they will have a 64-bit processor, the first one in a smartphone according to apple. they say the graphics by the way are console level. a little shot across the bow to other console makers, namely microsoft, sony and nintendo there we'll keep an eye on more details coming your way. we'll get them on pricing and other details coming out. by the way with the gold color,

phil schiller could not resist. they have now set the gold standard in smartphones. back to you. ashley: even naming one of the colors after you, robert. i'm very impressed. meanwhile, the sec continues to search for answers following nasdaq's "flash freeze" just a few weeks ago now. the exchange itself is scrambling to find a way to prevent such an event from happening again. ah-ha. charlie gasparino now with the exclusive details. charlie. >> mary jo white is clearly putting the gun to nasdaq chief bob greifeld. she is demanding forward-looking answer to the "flash freeze." what the forward-looking answers are? i have no idea. thursday the sec will present some sort of a press release on the whole thing and we'll get more detail. this is game time for greifeld. he will essentially have to fest up. how will we prevent this in the future. did i make that exciting enough for you? lori: frankly, no. what excites me is the trouble-shooting angle.

what will they do to prevent it again or trading glitches as a whole whether it's a "flash freeze" or flash crash? >> it is never ending it seems like. we'll have to accept this as a way of life so to speak but mary jo white, a pretty tough person. former u.s. attorney for the sound district. she has been around for a while. everybody thought regulation, they regulate the stock markets would not be her forte. cracking down and putting people, helping bring enforcement actions be her forte. she is faced with a dylan maher. the markets look like they're dysfunctional to the average investor. greifeld is particularly in the cross-hairs coming out with a facebook ipo and some other things and now this, i think he's got a real problem. he has both a business problem i think, a business model problem i think. the facebook thing hurt him i think with potential customers to get listings. i think this thing hurts him a little bit and now he has regulators breathing down his

throat. ashley: you need credibility. >> yes. it has hurt the nasdaq. would i say this, bob greifeld is a really smart guy. he is a good manager. he did not cause the flash crash or "flash freeze." there is a little too much fingerpointing. clearly if you're mary jo white you have to hold people responsible. whether he deserves it or not he is on the hot seat. there will be 13 other people there i should point out. lori: who is advocating for investors, who are not so confident investing? >> i think mary jo white would say she is. that is why she is demanding solutions. we should point out there will be 13 other people there. duncan neiderauer from the new york stock exchange and others. it is a confab. clearly all eyes will be on greifeld. what is he going to do? remember this whole pricing mechanism that screwed up, sip, secured information processor, that is his responsibility and he is going to be on the hot seat. ashley: will be interesting, charlie. >> that forward-looking answer. lori: we have to split because -- >> are you excited? ashley: i don't think she is. lori: take as lot these days.

i'm depressed about alcoa being booted from the dow. ashley: we come back to that? >> do you think i need an iphone? lori: apple -- >> you think i need an iphone? ashley: that was the original blackberry. >> this is not blackberry. this is cell phone. lori: you guys keep talking. i will talk to the trader to get his take on the dow rebalancing. jonathan corpina on the floor of the new york stock exchange. we have apple making headlines. the dow shuffle, jonathan, it really why i get why they're doing it of course. what is the sentiment on the floor about that? >> it is very cosmetic the changes that are occurring here. if you look at the dow, and the components of the dow they need to start to mainstream it a little bit. traders down here don't really focus on the dow and movements in the dow. we want s&p 500. that is really our main focus there. this is more of a main street, conforming to main street. walk down main street to ask what alcoa does. they will start to stutter and not know what they do. ask them, visa, goldman sachs,

nike, yes, household names this is something optically will look better for the mainstream investors. those same investors you were just talking about who probably aren't getting their voice heard in washington, d.c. right now. lori: so that said, the companies that are being added to the dow according to liz macdonald and her calculations would have added several hundred points -- ashley: 500. lori: to the industrial average performance itself. i understand most people use the broad market average, s&p as benchmark, if the market could have been stronger, that much higher with those, it has to cause some interest and reshuffling invests obviously with index funds and the like? >> exactly. we're going to see a lot of mutual funds start shifting in and out of certain names and in and out of sectors to make sure they're properly weighted. yes, volatility in those stocks when they're added would have add ad lot more points to the dow than where we are. that is the fun bit. if we look back and inserted these names what the performance would have done. it is important to see how we wrap up here moving forward once

we get these names involved. lori: jonathan, thanks so much. >> great, thank you. ashley: so well, maybe an apple letdown? two new iphones but so far no big surprises but we say so far. we'll get the final word from our apple all-stars next. lori: speaking of technology, the tech-heavy nasdaq, there are some downward performers today. apple one of them, down big. as it reveals the new iphones with the new operating systems. we'll be right back. ♪ you know throughout history,

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ashley: we've been following all the latest details coming out of cupertino of course, the apple event. we know we have two new iphones as predicted, an expanded operating system, ios

7. let's go to robert guy. are you out there right now or should we go up to dennis kneale? what do you think? let's go up to dennis. get your thoughts what we heard. david kogan is following us. >> okay. ashley: dennis, we said at the top, no big surprises so. >> two main issues here. one is showmanship. the other is the content of the announcement. on showmanship, they announced itunes radio. that is a big streaming service. the market has been waiting for it. pandora is the company most directly hurt by it maybe. pandora trading up. as if they're not playing up the announcement enough. in terms of content, steve jobs give gave you extra surprise, you didn't expect. maybe apple tv. where is it? apple tv not here. no surprises, ashley. lori: thanks, dennis. david kogan, get your impression as details about the new apple devices unfolds. anything impress you the most,

david? >> not really. this is how these things go everywhere. just enough feettures to justify an upgrade for the most part. one thing i'm waiting for them to announce is still the fingerprint scanner which everybody keeps talking about. that is a real hardware difference that will push people to buy the new device. i'm waiting for that. we'll see how that goes. other than, there is bunch of, nice upgrades but like you guys are saying not just anything terribly exciting yet. ashley: is there a little bit, david, of device fatigue, not only for apple but the industry as a whole? making these adjustments, these news, i guess, expandings things these devices can do, is there a little bit of fatigue about this stuff? >> fatigue in what way? kind of we're bored by it? ashley: is it that exciteing? you don't seem to be very excited. the average consumer may not be excited either. >> i'm a little jaded, in all fairness. i run a website that does this. i mean i guess it is harder, getting harder and harder to

kind of surprise people with these things. listening to us talk about it we're oh, not that great. that is what is happening. all these devices, and they are, they're all starting to look like each other. they're starting to have similar features. they're not just competing with each other about -- >> but guys? lori: see that reflected in the share price, right, dennis? >> you can. apple seems to be drifting down here. the point is up to gadget makers to make us not feel fatigued. if they give us stuff they love, look at buzz samsung got with screen follows your eyes when you look up and down. samsung is getting more accolades for its new tech. the other thing while your other guest doubted by questions about the colors, because he wasn't born the last time apple had to do this. apple is in trouble. lori: got to leave it there. >> very fair. ashley: dennis and david, thank you so much. as we just -- lori: thanks, guys. ashley: david just mentioned, still waiting on the rumored

fingerprint technology. so we'll keep up-to-date on that. of course in the next hour plus market guru jim bianco, said the dow 30 changes might be coming at the wrong time he says for all the stocks involved. he explains why coming up. tracy byrnes and i will take you through the next hour on fox business. she is walking in the studio, ready to go! stick around. with the spark miles card from capital one, bjorn earns unlimited rewas for his small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button?

ashley: welcome back, everybody, i'm ashley webster. tracy: i'm tracy byrnes. apple delivers on two new iphones with multiple colors and one with a two-digit price tag of $99. the stock bouncing back. will the tech giant have anymore big announcements this hour? of course we'll bring them to you live from cupertino. ashley: well, president obama visiting capitol hill just hours before taking his syria plan to the american people. the white house now says the diplomacy is the preferred path.

new developments from capitol hill straight ahead. tracy: america's shale boom, pioneer natural resources shares are up more than 80% from their 52-week low as oil and gas exployer shifted its focus to domestic shale. we have chairman and ceo scott sheffield here in a fox business exclusive this hour. but first, top of the hour. stocks are surging. the dow heading for its second straight triple-digit gain. changes are many coulding to the dow 30 though. nicole petallides on the floor of the new york stock exchange. we've been talking about this but the dow is up 105 points. >> we'll get to the major market averages in a moment. you mentioned the changes coming to the dow. there will be serious changes. three names will be on the move. let's start with three and three. on september 20th at the close of trading we have the names that will be joining the dow jones industrial average. goldman sachs, visa, your credit card company, and nike. all three are jumping, portfolio

managers are already looking at these that are likely to be winners as portfolio managers do have to mimic the dow 30 exactly. let's talk about names that are out of the dow on september 20th at the close of trading. that would be bank of america, aluminum-maker alcoa and hewlett-packard. they have been underperformers and also the fact that they have lower stock prices. how about the major market averages for you? great day on wall street tacking on to yesterday's 144-point gain. dow is now up 10. back to you. tracy: nicole, we'll see you in 15 minutes. ashley: continuing to follow breaking news from apple out in california, the event out there, just announced touch i.d. fingerprint technology on the new phone 5s. it is rumored and now officially announced. robert gray at the event in california with the very latest. robert. >> that's right, ashley. touch i.d. will basically be the home button. instead of pushing this, if you have a code that locks it and punch in the four digits whatever to unlock it, you

simply put your finger there, it will recognize you. not only do that but allow you to make payment, secure payment online. not only that of course, apple being apple, making it very easy or at least trying to buy more things from who else, apple. you will be able to use the touch i.d. to buy itunes purchases. you hear a song. i'm sure you will by it at touch after button instead of touching a couple of buttons at once. it will make it easy to get you to check texts in traffic. we don't want to see that. nonetheless came out -- 5s will come tout to replace the 5. you see the banner up there with the colors. tag line was, brighten every one's day. three colors that are new from the break from black and white, with space gray, silver and gold. they will have a new less expensive iphone for first time t will replace the 5. it is 5c. a lot of people say it will stand for cheap. they haven't explained what it stands for.

it will be much less expensive at top of the hour. as exact same inards as the 5 but have a plastic casing. it will have a more memory. 64-bit processor. some of the specs for first time in a smart phone. high resolution camera. catching up to some rivals with the burst capture. you take a bunch and it will choose the best one and don't have to take 15 pictures of the kids to come up with one you like. the battery life is supposed to be a little bit better like this. as far as siri goes, they have male and female voices. tracy you can choose a guy to give you directions. maybe you shouldn't because he won't stop and ask. search twitter feeds. with siri if you need to do it, you should be able to. tracy: i should have the male voice because my kids programmed my phone to call me sexy. it says, hello, sexy. it would be better if it was a male voice. >> by the way, tracy? beware. it can recognize more than one

finger. make sure the kids don't get in there to authorize their own finger in there. tracy: yeah. ashley: robert, we're still waiting, what about the china angle to this story? >> yeah, that's right, ashley. apple for the first time holding simultaneous almost events. they have gathered or they're going to gather journalists in bejing on wednesday local time for announcement, widely expected to be in agreement with china mobile. of course the world's largest mobile operator and world's largest mobile market. so that is certain live something people are waiting on for years. that is another reason for the lower price to go into china and other emerging markets where apple is clearly losing revenue and market share to their rivals who have less expensive phones using the android operating civil. ashley: china mobile, 700 million subscribers. twice as many people than in the united states. robert, thank you so much. great reporting. >> you're welcome. ashley: also coming up, we'll get analyst reaction from tom forte and bring you the very latest on the apple event as we get more details. tracy: but more now, nicole

petallides talking about the dow 30 shake-up. alcoa, bank of america, hewlett-packard, out. visa, nike, goldman sachs in. we're joined by jim bianco, president of bianco reserve. hey, jim, what do you think of this move? part of it has to do with, it is very formulaic on one hand but on the other hand there is cachet to being in the dow, right? >> it is formulaic, in one respect. the dow is has unwritten rule doesn't like stocks under $10. so good-bye alcoa which was $8 lars stock. other stocks thrown out, bank of america and hewlett-packard were the next lowest stocks in the dow. we brought in visa, goldman sachs and nike. absolutely there is a lot of cachet for being in the dow 30. it says you're one of the premier companies in the united states. tracy: they usually do two in and two out. interesting they decided to do three. you said in your notes, actually

coming out. dow is good for the stock price. how so? >> yeah, usually, remember now, it's a committee of people that decide when the stocks go in or out and usually the committee will pick stocks that have underperformed poorly like alcoa, they go down to $8. after a massive period of underperformance, they say you're out. they look around and find companies like goldman sachs or visa that have done very well. they say you're in. over the next year or so, the underperformers bottom and rebound and outperformers tend to peak and underperformers thrown out of the index actually wind up doing better over the ones that come in over the next year. tracy: we did a little legwork on your point there. really smart people in our brain room found that when bank of america was added to the dow back in february 19th, 2008 it has actually been down 16%. honeywell, altria pulled out the same day. those stocks are up 10% and almost 15% respectively. so your point is well-taken here. maybe it ain't all that being in the dow at the end of the day.

>> right. and also there ace also some sector ramifications of it too. we put in a high price, remember it's a price index. so the higher the price the more influence it has. high-priced goldman sachs, high-priced visa. they will be the second and third most highested priced stocks in the index so the financial will get a big overweighting this is lot like november '99 when microsoft and intel came into the index. four months later was tech peak and all over at that point. the dow got those in just at the top. tracy: absolutely right about that. plays around with the market cap. clearly blowing it out of the water now with these new companies. >> that's right. we have a much heavier market cap. it's a much bigger index than before. >> i want to also call everyone's attention to your taper point. you do not believe the fed will taper in september. how come? >> fed believes in forward guidance. the fed believes in telling us what they're going to do before

they do it. they have given us tons of foreign guidance when they will raise rates. they have given us how the taper is supposed to work. i think before they start tapering they have to tell us why they're doing it, how it will work. how they go from 85 to zero. what circumstances would cause them to increase purchases. there is still a whole lot there they have to do. remember the fed believes this idea. tell them first what you are going to do and then do it. we need a step one before we get a tapeer. >> that is interesting. a lot of people think step one happened already. jim, thank you so much for your thoughts. >> thank you. ashley: more breaking news. apple just announcing that the pricing on the 5s starting at $199. we'll have latest on the new iphones next. plus analyst tom forte tells us what it could mean for the stock. tracy: plus america's shale boomoneer natural resources is one company leading the way in domestic drilling. its chairman, scott sheffield is here in a fox business exclusive

coming up first as we head out to break we have to look at oil. we've been talking about it. it is down $2.33, $107.16 a barrel. gold of course tumbling on syria as well. we'll be right back. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪

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tracy: we have break news from apple. prices announced for the iphone 5s. robert gray standing by with the latest. hey, robert. >> tracy exact same. no price increase from the five there, starting at 199 bucks for the 16 gigabyte but you're doubling down getting twice as much as memory, rather processing speed, going up to 64 megabytes. 400 bucks there. so you will get that faster processing speed. we talked about the touch i.d. you will be able to get these pretty much the same as we've seen in the past, a week from friday, september 20th. both the 5c, and 5s available in both countries including china. there is a little bit of a tip. china mobile maybe finally signing on them. ntt docomo coming into the fold

a big wireless carrier out of japan. we'll talk at top of the event al gore and jack dorsey is inside. they have elvis cost tell owe on stage. last year you may recall they had the too fighters. we'll see if apple's aim is true, guys. tracy: robert gray, see you in a bit, nice reference, robert gray. will the products be enough to justify the stock's recent rally? our next guest brings 10 years of tech sector experience to help answer that question. tom forte, managing director of. tom, you're a great man to have here on a day like this. get your thoughts overall. what do you think? >> i would say at love news is pretty much as expected. ashley: yeah. >> two devices, more expensive one and less expensive one. ability to use fingerprint for authentication of purchases. interesting they're rolling out in china at the same time as u.s. that is new data point. otherwise i don't think there's a lot of surprises in today's

announcement. ashley: not much of a game chinker then? what does it do for the company? >> is very big are they're offering a lower priced device. ashley: $995c. >> ipad mini, equivalent for the iphone line. this is very important announcement. this should make it easier for apple to penetrate emerging markets. would be interesting to find out what the prices without a contract. ashley: what about some other features? new operating system offer as lot. what stands out for you? >> well the new operating system was something they discussed before. it will include the apple radio streaming service which think is interesting. and they're now including five different apps that used to have to pay for if you buy a new ios product, be it a smartphone or other ios product. ashley: what about fingerprint technology? >> well the fingerprint technology i think was low-hanging fruit to the extent they have give or take 525 million accounts. and basically they're going to make it much easier for you to make purchases on that smartphone which is a good product. ashley: sites such as banks will

be very interested in this. i kind of surprised they haven't made announcement along those lines as well. basically pointing toward being able to buy on itunes and unlock your phone. >> think of it as authentication, making much more secure, for smartphone purchases which is important for mobile payments. ashley: you mentioned china, do you think we'll get some sort of announcement from china mobile, the big humongous carrier? >> that is the expectation. they announced they will have two events. one in the u.s. and one tomorrow in china. ashley: that is critical for apple that that part of the world. >> that would be excellent new distribution for the company and another potential catalyst for the stock. ashley: so, were you expecting any surprises today? and i'm assuming we haven't seen anything new come out. could there have been something, an i-watch, or something you thought may have been a wildcard? >> glad you asked me about the iwatch. they talked about having element in the next generation phone somewhat of a motion sensor and

used like nike fuel band or fit of that nature. ashley: right. >> suggestions to me they have technology in place to do an iwatch and they're including technology in the next generation phone. ashley: still a big fight against the android devices though, isn't it? obviously apple comes with the cachet. everyone loves their products but android has loyal customers as well. >> you could argue there are very much parallels between motorola's strategy and apple. motorola has higher end with the droid and and apple doing the same thing with the 5s, and 5c. ashley: assuming this is over and we pretty much got the highlights. what kind of reaction will we get? eh, or good? >> historically not unusual for stock to trade up on speculation after big announcement such as today and the stock to pull back after announcement. it will be interesting to see how well the stock holds up after today and tomorrow's news. ashley: tom, great stuff. thanks for being here. >> my pleasure.

tracy: so the event is over although, elvis costello was invited to sing. he sung, what is so funny about peace, love and understanding. i would have loved to see that. ashley: he is a character year. tracy: he is is, wife is amazing singer, diana crawl. tracy: look at you, fun. it is quarter past. time to check the markets. nicole petallides on floor of the new york stock exchange. you're watching major movers, aren't you? >> i am. it is a big week on wall street. the dow is rockin' and roll inch up 250 points this week. look at netflix hitting new all-time high. right now 310 and change. but it traded above $311. don't forget with the new all-time high comes with a new deal with virgin media. starting this week, 40,000 homes will get access in part to pilots. it will be available to some cable subscribing customers. they spend half of their revenue on programing and new programing for their subscribers.

more subscribers, more revenue, more content. that is how their wheel works and working well. urban outfitters, on the other hand week outlook. they're doing well but same-store sales were disappointing. january any cut their numbers going forward but in the barron's log they say this may be a time to get in on this one. urban outfitters and three people you should buy on the dip they were saying. back to you. >> retail is struggling, right? nicole see you in 15 minutes again although other consumer discretionary -- ashley: doing okay. tracy: no one is buying jeans. coming up rapid fire developments on the syria crisis. with will the president say tonight? we have a preview head. ashley: three days in the valley. liz claman with a president of israel intel. what he thinks could revolutionize mobile next. first, there is liz claman there. saw a little bit of it. the dow is up 105 points.

a little bit of a mixed day. the dow is down against the pound, dollar and peso. moving slightly lower against the dollar. we'll be right back.

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>> at 22 minutes past the hour i'm arthel neville with your fox

news minute. the u.n. security council is due to meet today to consider a proposal from russia aimed at securing and destroying syria's chemical weapons. the meeting is set for 4:00 p.m. eastern time. the white house says the u.s., britain and france have agreed to work closely together in a consultation with russia and china to explore the russian proposal. a wildfire in northern california has destroyed '80 structures, damaged 30 others and forced more than 500 residents of a small community to evacuate. officials say the clover fire has burned about 3200-acres. containment has increased to 45%. those are your news headlines on the fox business network. get you back to tracy. tracy: thank you, arthel. see you in a bit. so now our special report, america's shale boom, technological advances in fracking and horizontal drill having been a game-changer for pioneer resources allowing the company to uncover untapped oil reserves mainly in west texas.

shares are up a whopping 75% over the past year, near an all-time high. joining news a fox business exclusive, scott sheffield, chairman and ceo of pioneer natural resources. sir, i have to point out, you had your, like, second, second quarter profit was the biggest in company history. >> yes, tracy yes. tracy: how come? >> we're focused on a, probably the second largest oil field in the world today. it is the wolf camp field. we had tremendous results in at that field. it is a field we've been drilling for the past 30 to 40 years. we're transforming it from a drilling vertical play to horizontal play. instead of coming vertically, they're coming on 1700 barrels horizontally. there is enough drilling there to last the company another 100 years. tracy: wow. you could focus there and stay there and seven operating rigs.

12 horizontal, 15 vertical and 700,000 producing wells. >> we have 7,000 wells. tracy: excuse me. 700,000. i'm propelling you into the future. >> yes. we have thousands of loafcations. we are ramping up to 50 horizontals and 15 verticals. we'll be up to 65 rigs the next five years. the company has plenty of capital, a great balance sheet. so we're very excited about doing something to an old field that has been around for 40 or 50 years. tracy: this was a game-changer for you, wasn't it, when you figure out what you could get out of it? >> it's a game-changer for us and also a game-changer for the company. tracy: right. >> the permanent me an basin, this will get up to 2 1/2 million barrels next 20 years. permanent mean basin will five million barrels a day for the. tracy: the global oil report that by 2020 the u.s. could become the world's largest oil producer. do you believe that?

>> yes, i believe what happened in the bakken and eagleford and what is happening in the permean basin, all these key areas will allow us to pass saudi arabia and russia, 2020 and 2022. -- permian. tracy: you have to talk about exporting it. we could get to the point where we have extra to give away. there will be an underground exporting business for you here as well, wouldn't there be? >> there was an export ban and the administration and congress in 1975 and 1979. today we're exporting coal. we'll be exporting lng. we're exporting 3.2 million barrels a day of products coming out of refineries. so only thing we're not exporting is crude. at some point in time we'll be asking the administration to allowing some exports of crude. tracy: you and in break were talking about how the government in general is very slow to understand this. this process could take a few years. natural gas exports are having a tough time right now this could

take awe while before this happens. >> that's why we have to start early and start now. the gas started several years ago. they have approved three projection. they will approve several more projection we think overtime. we have to start now for something that may happen in the next five to seven years. tracy: amazing what you're doing to the texas economy, let alone the economy of the united states. >> yes, i think oil and gas industry has been the biggest creator of jobs in the u.s. the last four years and we should be one of the biggest creators of jobs over the next five to seven years. tracy: yeah, they should cut you a break when it comes to all the rules and regulations the scott sheffield. thank you for being here. >> thank you, traysy, thank you very much. ashley: president obama on capitol hill just hours before he speaks live from the oval office about syria, the push for military action, well, seems to change bit minute. the very latest plus reaction from capitol hill. tracy: don't blink. they change their minds. first a look at some of today's winners and losers on s&p 500. as we head out to break we're talking about netflix.

look at that, up almost 5.5%. we'll be right back. [ male announcer ] imagine this cute blob is metamucil.

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they said they spent nearly $3 million in order to do their launch to showcase their product. the preparation for this one -- the question is who is next? who else is annoyed and upset that jcpenney did not come through. ashley: very good point. intel, the world's largest semi conductor company gave away a major head when it recently gave some information. liz claman has the latest.

liz: it is israel, of all nations. we have research and development happening. we have moved over to the new and advanced technologies area. you guys made and accusation from an israeli company. can you do find not for the average viewer? >> it is trying to redefine the interface so when you leave to work with a computer, your communication will be similar to the way you communicate with me. natural caught intuitive and aversive.

i want it to communicate with your own natural things that you have. intuitive, i do not want you to use any instruction book. liz: i am one of those people that does not read the manual. here is the camera that will be a top what could eventually be the box of the future. i will not push you on that. here it is right here. let's demonstrate it. >> this is only the first version. first of all, something is broken over here. liz: there it goes.

>> this is something i want to show you. if you look at my hand, see what is happening. look at my hand. left, up, down, 360 degrees. liz: oh, cool. >> this is a very simple way to play with games. liz: can you show us the universe? >> i believe that you want to pretend to be a god or. let me show you how simple it

is. it is as simple as that. you can extend the universe in, out. liz: i am going to try it. there it is. this is such an educational tool. >> you will be able to manipulate objects and learn about them. liz: we will be watching as you use this computing. >> thank you very much. liz: it will be reading your face and maybe figuring out what kind of program you are wanting. intel ceo. he is brand new since may. he has never done a television interview. he is speaking with us first.

we will be asking him about everything. this is a teeny tiny chip that will be wearable and ingestible. great things happening at intel. back to you. ashley: liz claman, queen of the universe. thank you very much. [laughter] tracy: now on to syria. president obama on capitol hill. peter barnes at the white house with the latest. peter: the president is wrapping up his meeting with senate republicans. this morning, as we have been reporting, he decided to begin discussions. seriously exploring the viability of the russian proposal. it could lead to a un resolution

for now, and american military strike on syria is on hold to give diplomacy another chance. russian president says that in order for this plan to succeed, the u.s. must renounce its plans for a strike on syria. a strike remains a credible option in any congressional resolutionnwith syria. harry reid spoke to reporters after the president met with senate democrats. take a listen. >> if we will have any success diplomatically in the future on this issue, we have to make sure that the credible threat of military action remains.

the only reason russia is seeking alternative to military action is that the president of the united states has made it very clear that we will act. peter: just to show you how important this is, the network asked what should the u.s. do in syria. 68% said stay out. it is a civil war. 23% said help, humanitarian crisis. 11% are unsure. tracy: thank you so much, sir.

ashley: urging congress to keep pressure on syria over its chemical weapons. joining me now is a congresswoman of indiana. what was your impression after that hearing? you heard about the situation in syria. >> he needs to make the case to the people. i left indiana about 24 hours ago. i have been in d.c. for about seven hours. i have more questions right now than i did before i got here 24 hours ago. i think that the water continues to get murkier.

i am hoping that we see the president make some clear statements to the american people. they need to have a clear understanding of what has been going on. ashley: there are those that say maybe he will use it as an opportunity for a little bit of a victory lap. it was his strong stand that has got us to the point where the country may be willing to have their chemical weapons taken over. >> let's not forget the skeptics in this situation are the american people. i think one of the eyes of skepticism that remains and for me, look at who the players are. russia has been an ally to syria. i think given their historical

past, i think we have got to stand by. i think the job of the commander in chief, let's not forget, is to come out and make a clear and decisive message about how this affects us. i have more questions than i came here with because of conflicting messages that have come out because of this administration. they told us all diplomacy efforts have failed. here we are today talking about a diplomatic effort. ashley: very good. hopefully, you can get some rest

soon. thank you for joining us. do not miss the president speech tonight. it all begins at 8:00 p.m. eastern. it is right here on fox business. tracy: the dow jones industrial average polling a little switch. ashley: apple announcing two new versions of its iphone. dennis kneale will have all of the colorful details coming up. first, take a look at the ten and 30 year treasuries. we will be right back. ♪ @??

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tracy: a quarter to. time for stocks. all right, john, i know this dow 30 switch is kind of a sleeper for you. did you have apple and syria and we started the day with china. >> apple the most recent. i do not think it is having a major of fact. i think it comes down to syria. it comes down to the president speech tonight. some of the aggressiveness is

getting rained in a little bit. i think we will see a little more of a passive approach on what is going on in syria. i think that is giving investors the benefit of the dow that this will not escalate to something we do not want to go to. the market is as fragile as it can be right now. putting this circumstance in their will not help our market. we have gone through a relatively quiet summer. we were talking about tapering. that will come back up in another few. tracy: amazing. john, thank you very much. >> thank you, tracy. ashley: the national federation of independent says it fell slightly.

some measures did improve, including hiring plans for the future that hip prerecession levels. bill dunkelberg says obamacare, stalled tax reform and budget concerns continue to weigh on america's job creators. it is still the uncertainty that is pulling them back. tracy: we have a rainbow of new iphones. gold, red, blue, oh, my goodness. ashley: purrs, take a look at the losers on the nasdaq. apple's announcement, of course, today. shares down more than 2%. we will be right back. ♪ capital to make it happen? without the thinking that makes it real?

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ashley: apple finally announcing its long awaited sequel to the iphone5. the stock, well, welcoming that news with a thud. dennis kneale covering that story. dennis: i think the markets are underwhelmed. apple traded up a bit in the days preceding the announcement. these are all little refinements. nice cute little things. look at this, a question of cannibalization. apple has never before introduced to phones out once. the five c and the 5s.

would you pay twice as much for the upper model? if you have a 5s for $200, you only have to pay 50% extra for twice the memory. these are going to kind of go to war with each other. tracy: was the idea to compete with samsung? the reason we have a samsung phone is because they are cheaper. now they have it all. dennis: i think that reason people have samsung phones is because they like the features better. the reason samsung's share is now better than apples is because it does sell cheap phones in the developing world. i thought the five c would be into the developing world. it is not cheap enough for those

people. in china, they may sell lots of those five c. i do not see why i should buy a 32. 5s for 50% more than what i pay for a five c. dennis: what about the fingerprint id stuff? dennis: is it revolutionary? is it really that big of a burden? plus, what if it does not work right. how do we know that they will get this right. the first technical problem could show up with the fingerprint and then that would be a big embarrassment for apple. tracy: dennis, you are right. coming up on "countdown to the closing bell."

the first broadcast interview. he will be joined by the ceo of adobe. you do not want to miss this. do not go anywhere. ♪

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♪ liz: live from downtown san fransisco, we are right here in the heart of tech world for the united states of america. good afternoon, everybody. i'm liz claman, the last hour of trading, as you can see, and as we watch markets all day long, major indexes jump for a second straight day. conversely, oil prices fall precipitously. why? we can trace this to the fact that syria's foreign minister said his country would accept, would accept russia's proposal

to turn over syria's stockpile of chemical weapons to international inspectors. russia is the good guy here. there's so much more to delve into. major news from intel developer forum here in san fransisco. the largest company in the world just revealed a line of ultra small chips called quark to be used in what now arguably are the hottest sort of move into technology of the future, and that's wearable devices. they are saying they can even be put into devices that are swallowed to gather medical data, called ingestibles. it's happening here, and i'll be joined by the ceo for an exclusive interview in a moment. i'll ask about the chips as well as the plans to penetrate all kinds of new markets. it's brian's first broadcast interview since being ceo, something you'll only see here on fox business. it is, of course, a dow component. we saw the big changes throughout