melissa: absolutely. ebola scare, two infected american aid workers back in the states. a possible new case in new york. we'll have the very latest on that. plus the experimental serum that could save them. morphinger pointing at top 1%. america's wealthiest are to blame for the struggling u.s. economy. less bunk beds and more mediterranean sea views. google's exclusive summer camp drawing who's of business to sicily. unbelievable airport perks to make your next fly more tolerable. even when they say it is not, it is always about money. melissa: start with the markets which are suddenly dropping sharply. joining me, charlie gasparino, "wall street journal." spencer ante. "barron's" editor jack hough. the dow is down 155.

this is the session low. look what is hit the hardest, energy stocks and exxon dragging down the dow. chevron as well. some technology, intel. look at that drop-off. what do you think, charlie? >> well i wrote a column earlier in the week in the "new york post" i said this will be the new norm for the markets. listen, here's the problem that janet yellen. melissa: you mean volatility. >> volatility and steep drops. here is the problem janet yellen has. there are pockets of inflation out there. we've been keeping interest rates at near zero for what, five years now? we are tapering, but that is not, we're still printing a lot of money. it really hasn't helped the economy. at some point you have to rely on the underlying economy for the markets to keep going up. when traders look at underlying economy, it is not that great. melissa: yeah. >> i don't know if it is merits 17,000 on the dow. melissa: jack what do you think? look at that drop-off. we saw a spike in the vix. >> investors will drive themselves crazy if they keep

asking themselves, what is the next big 10% drop coming? much better to say, what will returns look like next 10 years? the answer to that valuations are a little bit high right now, which means returns will be a little lower than average throughout history but still better than what you get in bonds right now. melissa: we're seeing more of a reaction to things going around the world. we're more immune right now. traders talk about ukraine related reports as reason for this precipitous drop-off. energy is getting hit the hardest. this is, i mean in the past, we were shrugging off these kind of things. >> that's a great point. after the financial crisis, macro level global economic shocks drove the economy. the financial crisis. then federal reserve response around the world. that receded in last year or two as economy and fundamentals took over. but those threats are always there. putin is becoming increasingly unpredictable in his actions. "new york times" reported other day, that russian army is amassing troops on border of

ukraine. melissa: yeah. >> in preparation for potential another assault. that is making people jittery. >> listen, if the gdp print of 4% in the second quarter is an aberration, should the market be at 17,000? i'm just, in the face of, you're going to have rising interest rates no matter which way you put it. you have to have some rising interest rates. >> eventually. they could stay low a long time. melissa: we have seen tremendous run. we're seeing some traders take money off the table. meanwhile hot spots around the world on fire. u.s. no longer immune to panic surrounding deadliest ebola outbreak on record. if you saw papers this morning, killer virus, dominating the tabloids as suspected ebola patient is tested in new york city. but health officials claim it is quote, unlikely the patient is actually infected. we have a lot going on. jack what do you think? >> i like a good "new york post" headline as much as next guy. melissa: of course. >> i'm not sure it is helpful for the broader public. we have a couple patients

returned to be treated down south near the cdc at hospital that specializes this sort of thing. >> a man was tested in new york. you don't think that is a story? >> my understanding is that test didn't pan out. >> but he was tested. the fact is, that, this virus -- melissa: upper east side nonetheless. >> this virus has crossed ocean. >> crossed ocean in two cases. >> i'm for that. these are american citizens we need to help. let's be clear here. a third man was tested. melissa: spencer, jump in there. >> we're talking about unpredictable threats. this is like unpredictable threat. melissa: right. >> doesn't seem like it's a real issue in the u.s. yet but the thing that struck me -- melissa: i don't know. it is getting closer every second. we've been saying, just in west africa. oh, there are no americans involved. it is getting closer and closer. >> staff is not dealing with this? why doesn't state department send humanitarian in e mission over there. >> why was the guy was fessed

because he was potentially exposed. -- tested. >> basic hygiene things, basic precautions are lacking in west africa. people with the disease can be treated. just that close supervision in modern hospital don't have that. >> okay, i agree with that. did you see the precautions we took with the gentleman we brought over here. melissa: yeah. >> this wasn't like put him in stretcher. like suit him him up. this stuff is nasty. melissa: turn you back to the markets. because the dow is down 164. dollar general started climbing amid reports considering a bid for family dollar might be a day late or dollar short. >> we reported this, didn't i? melissa: family dollar accepted -- >> dollar tree. melissa: the offer from dollar tree last month this is the back and forth dollar store war. >> just so you know the fox business network was first to report this this is the one carl wanted. carl icahn when he took his position, getting all dollars

mixed up. what was the first one? >> three dollars. >> family dollar. melissa: dollar dollar, dollar. >> family dollar. at that point we first report is that he was advocating for dollar general or some merger but he mentioned dollar general. dollar tree came in between. >> dollar sign on this deal i think is too high because i think family dollar is expensive relative to its rivals and underperforms. i think there is way too much store overlap which points to high costs for closing stores. >> you're talking rational here. talking rational. like insanity of this. if you're an investor and listen to carl, i think he made a few bucks. he got two of them to bid on him. melissa: show markets again. we're down 170 points now. we're sinking precipitously here as we're talking about this. i mean, what are the signposts you see in the road, spencer? >> people are looking for a reason to sell now.

there has been so much -- melissa: that's true. >> any little thing, you know, will just make people, sort of like push that sell button. >> ebola? i don't think so. melissa: not just ebola. >> whole combination of things. it is palestine. it is russia. it is ebola. melissa: the fed really signaled a change in stance last week. >> that's it. melissa: they really came out and said look, this is the end of the road. we're sounding more hawkish. the end is near. easy money has been made. >> so what is on investor say? the investor says we have to rely now on the obama economy, on earnings. reflecting 17,000. >> measures of the support value for stocks, they look pretty good right now. dierdre: yeah. >> second quarter numbers, 7% earnings growth. more important you've got 4% sales growth. we lacked sales growth a long time. shows some consumer demand is coming back. early signs of recovery in europe. >> if that 4% gdp print is aberration, if it is not aberration, it is absolutely right. if it is we have problems. melissa: look at some of the

other relationships out there. i don't know if we have oil chart. oil getting hammered. we had supply data out earlier today. oil getting hammered to six-month low. at the same time you're seeing oil stocks within the dow trading lower here. look at that chart. that is one of the ones, gold, also turning positive as we're watching selloff, indicating that people are getting nervous. look at treasury market as well. it feels like, there is a sea change going on. >> talk about problems for putin, that decline in the oil price is the biggest problem he could possibly have right now, the costs for them drilling oil in siberia, is higher than what it costs other folks to pull oil out of the ground. they can't compete if oil falls below0 bucks, closer to 75. big problems. melissa: same 6 at the same time, i don't know if you guys saw this, s&p said a wealth gap is growing around u.s. never miss a chance to blame the wealthy going company missed fil crisis and orange county's

bankruptcy. they don't have greatest track report record. and they are under investigations by doj for misleading people on stocks. melissa: i was trying to drill down what the reason would be. you seldom hear the wealth gap may be a lot of things. doesn't necessarily spur a slowing economy. trying to say, having lower income folks lower on credit, makes us more susceptible to swings in the economy. >> this is big part of the population. lower income folks are shoppers. they shop at stores, but shop at big companies. melissa: you buy it? >> i buy it. melissa: come on, charlie. what are you doing sitting there while he buys it. >> walmart is struggling to grow sales. melissa: spencer, you agree. >> i buy it too. here is what scares me about the obama economy, the rich have gotten richer at feverish pace. the poor have barely kept up in terms of their wages. i don't care what anybody says. i'm a conservative. i'm a compassionate conservative. when poor people can't make a living that is not a good thing.

melissa: we're bumping up 200 points as we move lower. spencer. >> the thing that struck me about that report, the prescription for this is actually, there is no easy fix to this problem. melissa: no. >> the long-term fix is actually investing more in education because unemployment rate -- melissa: we always say that. so irritating. >> but we don't do it. [all talking at once] melissa: that will fix it. >> "wall street journal" right? journal wrote this really good story how about all the jobs out there that pay that people are not being trained for. welders. melissa: right. >> carpenters, whatever. blue-collar jobs where you don't have to go to college. >> there is skill involved. >> i agree. my dad was iron worker. okay, made a few bucks. melissa: all right. we're keeping close eye on the market. meantime be there or be square. blackberry's square smartphone raises to get a leg up on iphone 6. longevity for the golden

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melissa: stocks decline accelerating. nicole petroleum on the floor of new york stock exchange. we've seen a real drop-off, nicole. all reports saying there are more tensions out of russia. poland's foreign minister that russian troops are ready to invade ukraine. is that what traders are talking about there. >> they're definitely talking about that. they're talking about pressure from russia. but russia has been absolutely talk that i have seen over the last hour. you know, i get to see sometimes instant messaging from different traders in their booths and such and definitely seen some of that. there was also concern about how they may be restricting airspace. you know, i'm not really sure what is actually, you know, then you would have u.s. planes having to go way around, use more fuel. just the fact that tensions are building does not poise well. the market overall has been to the downside. we dropped 600 points in the

last two trading weeks. yesterday we had a little bit of a bounce-back. i was talking to mark newton at gray wolf partners. look, nicole, bounce back yesterday after losing 600 points last two weeks, felt like a blip. it didn't feel solid. didn't have volume behind it. you have now basically selling across the board here. you tried to give it a go. tried to break through some keytek calls. not able to do it. look at a name like halliburton. energy is the biggest losing sector. all 10 sectors we follow by the way are all red. energy, look at intraday of halliburton or any of them see them dropping. health care, aetna would be a great example of that. tossing it back to you, with the s&p 500. 461 names, melissa, out of 500 are red. melissa: nicole petallides, thank you so much. i want to go to jason rotman, he is on the phone. with a big drop like this you want to get as much perspective as we possibly can.

jason, we fell off a cliff at top of the hour. in your mind what cued it? >> as i've been saying past couple weeks ago, melissa, i really believe the reason why we're entering simply the normal market much the market is looking major, at major company earnings. if earnings aren't good, there will not be anymore buyers, he especially with the tapering in full effect. motorola solutions, target is down 4%, so on and so forth. we're not seeing positive earnings. that really what started the whole downfall last week. ups, kraft, whole foods. so if earnings aren't good, we'll see momentum continue to favor the downside. melissa: jason, when they blame tensions around the world or latest comments out of poland, ukraine, russia, do you buy that or do you think it is just an excuse? >> well it is not necessarily an excuse, it is definitely real but i think the markets are made of people and people are emotional and i think when you get depressing, kind of fear-based news out, hey, maybe the whole world isn't albright and rosy you will get some

protective measures, taking tremendous amount of profits that have been made by the longs over past several years off the table. we're still above 1900. so we could still go a little further down. melissa: yeah. we saw a big selloff on friday. we bounced back, yesterday. a lot of people felt relief based on that. was that a dead-cat bounce? >> i believe so. we're making new lows today. anytime you make a new low, that is an obvious sign of momentum favoring that direction. in this case, we're making a new low, not a new high. and so therefore i still believe again, we're above 1900. melissa: yeah. >> my next key level from a trading technical standpoint comes in about 1860. melissa: so are you selling? >> well, we do have some recommendations out for some bearish s&p positions. we deal in the futures. so we just look at indexes and again we are saying that the markets have topped out. and we think they're going lower. melissa: yeah. let me ask my panel, what do you think of what he just said? >> i think he makes a good point

but you can't underestimate this russian thing because russia as europe by the cajones. >> i don't speak spanish. >> they can squeeze them pretty hard. 30% of the natural gas being exported into europe from russia. so the u.s. can talk a big game here but they don't have a lot of room to move. and if something does happen, the price of energy is going to skyrocket in europe and it could hurt the recovery in europe. melissa: jason, is there anything that looks like opportunity right now? >> it does. you literally read my mind. good for you. the major thing i see is great opportunity is natural gas. natural gas is below $4 for the first time in the many months. it is still hovering near clearly lows, 2014 lows. when there was whole polar vortex craziness back in february, i know you guys in new york remember that, natural gas was above $6. it is now debow $4. everything you read whether warren buffett invests to qatar,

world's energy, everything is moving towards lng, liquified natural gas. so i think natural gas has a tremendous future. technically the fact it is below four i think it's a great buy. melissa: jason, do you think the fed signals a change in course last week? are you reading it that way as a lot of folks are? >> no, not at all. the thing is, there are 1,000 different interpretations for every letter that the fed says. melissa: always. >> but i think the fed is very, i actually applaud the fed and here's why. the fed has not paused the taper. if the fed were to pause the taper, people would have been jeez, man, how can you trust anything they say. i applaud the fed because they keep tapering every single meeting and i think they are very consistent. the next question when will they raise rates and that is to be told. melissa: don't move. we'll be right back. we'll squeeze in another break. ebola headlines just keep coming. the second sufferer arrives in atlanta as patients are tested for virus everywhere from new york to ohio. we're discussing the chances of

an outbreak. that is coming up next. plus calm returns to gaza but for how long? we'll be going live to the border with israel. a lot more money. a lot happening today. don't go anywhere. we'll be right back. ♪ we never thought we'd be farming wind out here.

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that's enough time to record a memo. idea for sales giveaway. return a call. sign a contract. pick a tie. take a break with mr. duck. practice up for the business trip. fly to florida. win an award. close a deal. hire an intern. and still have time to spare. go to comcastbusiness.com/ checkyourspeed if we can't offer faster speeds - or save you money - we'll give you $150. comcast business. built for business. melissa: just a short while ago the second american patient infected with the deadly ebola virus arrived at emory university hospital in georgia. dr. kent brantly and nancy writebol both contracted ebola while doing missionary work in liberia. they're receiving treatment the of experimental serum that appears to work incredibly well. meanwhile a new york city man being tested with the disease. are we at risk for an outbreak? fox news's medical a-team,

dr. manny joins me now. talk to me about the serum. >> we don't know a lot about it, but what it is basically is the antibodies, when you have any kind of viral infection, your body makes antibodies to fight it off, and if you survive the infection the antibodies remain and they're able to duplicate them and being used in these people. these are basically ebola antibodies that have been eadvised. -- devised. these were devised for animal models. now this is for human use with antibody serum. it appears to be working. all anecdotal reports within hours receiving they began to change their vital signs. melissa: we were warned yesterday, that is something that happens with ebola. looks like someone is getting better and they get much sicker. >> right. melissa: how do you know this isn't that. >> they were already in bad shape to begin with. there is incubation period. they have mild degree of mild

infection, flu, diarrhea, fever, generalized aches and pains. you get into organ shutdown where more and more cells in the body are epbedded with the virus and begins to break up. that is when you get the he policies and syndrome which puts you in a deathbed. melissa: we're reaching panic. >> very unfortunate. melissa: well, i mean they say it can be transmitted through fluids. people are wondering about, serious question, if it can be transferred through sweat if i get in taxi and someone, getting sweat on me, can you catch it that way? you. >> can catch it with direct contact. melissa: with the sweat? >> with fluids. more of a direct contact. the problem that is happening in africa is that the bodies of people infected with this virus are not being properly disposed of. second, the hospitals don't have the quarantines. melissa: yeah. >> to me, people say what are you afraid with these two american patients that came? i'm more afraid for the people that are working in a hospital.

melissa: can sweat live on independent surface and infect you? can it -- >> depending on virus, depending on virus the answer is yes, depending on virus. but it is bodily fluid. but i'm more afraid of, hospitals doing the right thing. i know we have a patient here in new york city who doesn't seem to have ebola but they're working him up or her up, not sure if it is boy or girl. melissa: yes. >> the question is, people are saying rightfully so, this patient came through the e.r., sat through the e.r. for x-amount of time f it were to turn out the patient had ebola you have to go after the people that were sitting in that waiting room. listen i think they have it under control. i don't think we -- melissa: from your lips to god's ears that. >> we need a big panic bit. melissa: dr. manny, thank you so much. >> you're welcome. melissa: steep decline for stocks. the dow down triple digits, 114 points. not below the session but near it. we're hitting the trading floors with the news that impacts your money. a lot going on. you can't afford to leave.

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♪ melissa: the big sell-off going on in the markets right now. let's bring in traders marked noon and stop shelling the. give me your take. what is spurring the market right now? >> well, obviously the latest news with russia, and a totally we have heard everything from winter jackets to amassing more troops on the border to looking to invade. we have seen some halfway decent numbers come through economically. a lot of folks don't believe them or see scary things on the horizon. we will see a market spooked to the down side. melissa: do you agree, mark? >> it is important to remember that a lot of this started in the month of june before russia and ukraine and much of the

geopolitical threats got wrapped up. if you remember, industrials started to sell-off and were joined by semiconductors. a lot of other groups really started to fall before a lot of the crisis began. if anything it is a short-term catalyst. the volume was much lower than the prior week. acceleration yet again. i don't think that you can make too much of this. longer-term time line still have not been breached. this is still just a short-term correction. part of this longer-term upside. melissa: we are moving back, way off of lows, down about 200 points. scott, i will ask you because you are a commodities guy. one of the things that is leading is energy. if you look within the dowel and within the sectors, energy is getting hit the hardest. your take? >> well, it is a bigger picture. i am in the camp that i don't

think the economy is doing well at all. oil is a harbinger. we are not doing as well. more supplies. we make more than we ever had before. it is still a harbinger for the economy. if things were doing that well we would be at 105 per barrel. we could be entering an inflationary cycle. i do not believe the 4 percent gdp number. the economy is still up. plus, we would not be at 247. melissa: and that oil chart, one of the things leading the market lower. a little bit of bounce back on the bottom. my panelists here as well. >> i could not hear what he was saying, but economic news and the market. cut earnings forecasts. that shows you that in this data breach it is continuing to hurt the company. a lot of discounts and offers to get people to come back. their information getting stolen and it is hurting earnings.

the good news for the market is that is more of a target specific issue. melissa: markets more sensitive to these things. it was being pumped up by the fed and is now actually responding to real news. jack, you know, he just does not believe in the fundamentals of the economy. he does not believe it has gotten that much stronger. that is what he thinks is weighing on the market. >> i disagree. i see a lot of signs of improvement. i don't think investors should be running away from stocks good deals to be found among manufacturers with exposure to the rebound in europe and so forth. a good part of the cycle for rising earnings. companies that make cranes, aerial work platforms and heavy equipment. rising expectations for sales. i wrote a column just this morning. in desperate output manager. you know, drug distributor.

there are good deals out there. that is with a proven fundamentals are. melissa: after 29 days and more than 3,000 rockets and thousands of strikes things in the middle east at least are starting to calmed down for now. a 72 hour cease-fire is in effect, and israeli forces are starting a withdrawal. joining us now live is fox news. set the scene for us there. >> well, it is quiet. it remains quiet. we are in our 13. when it went into effect while we remain quiet now we have not heard outgoing artillery fire. when it started at 8:00 this morning local time right before that melissa there was incoming rocket and mortar fire, constant damage, no injuries. we had a look at that. the troops getting ready to pull out and go home. take a look.

we are in a community right along the border that just seconds before the cease-fire was hit by mortar attacks. a mortar landed here. you can see the junk taken out of the concrete. so much shrapnel. you can see the ash right there. all of the chunks of shrapnel that went through. this is the inside of the home. just everywhere. the israeli air force also attacked targets in gaza. at this point israel has pulled all of its troops out after destroying the 32 cross border tunnels. to give you an idea how things are being scaled back in this army right here was cobbled with tens, hundreds of soldiers. now everything is being packed up, broken down, and moved out. and while israeli troops are

returning home, so are the people in gaza, back to what is left of their homes and their neighborhoods to salvage and collect whatever they can. as i mentioned, we are in our number 13. it is holding, it is column. if that remains the case, an israeli delegation is planning to head to cairo, egypt to talk about a more long-term cease-fire agreement. melissa: thank you so much. stay safe. this is one of the main things that markets are watching. the dow down 145 points. down almost 200. watching a market responding in real time. we had been immune to that for a while. we have seen a lot of volatility in the last few days, especially on friday. bounced back yesterday. down today. a lot more market coverage on the other side of this break. don't go away. [bell rings]

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also watching a lot of news out of russia and ukraine, comments. that is one of the things that cause a precipitous drop. we really fell off the cliff at

2:00. we have come back a little bit

>> putin as a lot of leverage. they cannot bring the hammer down on russia five. if they do one response to that, putin could turn off the energy valve on western europe. melissa: that would hurt him as

. he is it is not over for

junk bonds, you've got to hear what he says, where is he putting his money right now? plus here's a stop story. holding the gains check. this is the textbook rental company up 21% because results for the quarter surprised, they came breakeven instead of losing. plus they are turning way more digital when it comes to renting out textbooks. this is one of those let's help the world kind of companies. and rosa swieg is with the company jumping 21%. we're going to talk to dan about the future of text, stay tuned. >> look forward to that hour. in the meantime, let me show you the big board. we're down 152 points. oil very much driving this trade. west texas intermediate trading in a six-month low. we're looking at chevron, down about 2.3%.

energy names really getting hit very hard. want to keep your eye on the market, you can't afford to look away. we'll be right back. i'm only in my 60's.

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and could save you in out-of-pocket medical costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. melissa: okay, we've got a big market day going on here, the dow down 151 points, we had been down about 200, so a little bit of a bounceback but still down triple digits. the vixx really spiking, the s&p down better than 1%. the nasdaq trading lower as well. if you look at individual stock, you've got disney coming up with earnings after the bell, trading down by about 1.1%. a lot of what's getting hit here, a lot of energy names. chevron right now one of the biggest losers on the dow if not the biggest, down about 2.3% on the day. intel getting hit really hard,

it's down about 3%. let's bring in mark newton. what are people talking about on the floor right now? what are they reacting to the most? >> i think people are surprised the bounce didn't last more than a day. the volume was quite light, and we barely had more stocks going up than down yesterday, so a far cry from last week when we had almost 10 to 1 to the downside and really today at 4 to 1. you starting to see stabilization in the industrials and particularly like things like aerospace and defense hitting multiday highs today which is sort of interesting. energy, obviously, being down today and was up yesterday. this group, remember, had a huge move into the first quarter, so it's logical you'd see some sort of pullback in that group given it was so strong as it was initially. other than that, you know, it's just mainly sector rotation. melissa: yeah. so, mark, take that one step further. how do you position yourself right here? is this -- are you getting

defensive? do you protect yourself or see this as an opportunity in serb places -- in certain places? >> i think in perspective it should be a trading opportunity and getting down below 1800 would make me look at buying. this bigger area we can probably stabilize. i think for most longer-term investors, though, the period between may and october typically is subpar. you often times experience declines, and the short-term trend is definitely down, and you're starting to see a lot of longer-term momentum. so that's a little bit of can concern considering this is the third longest s&p rally on record without a 20% correction, and it's been over a thousand days as we've been talking about without a 10% correction since 2011. so a few things to think about. melissa: staying right on top of us, we appreciate it. >> my pressure. thank you. melissa: blackberry preparing to square off with apple, this is according to crackberry, the

company's new square-shaped phone has received the all clear from the fcc sparking speculation it could be released as soon as september. that would mean it would beat apple's new i phobe to market. -- iphone to market. do we believe that? back now, jack and spencer. you laugh. >> yes, i chuckle. so what? nobody's going to buy it, you know? that's the point. melissa: you don't want a nice square phone from blackberry? >> how much does it weigh? is it like a brick? no, seriously, john -- i'll give him credit, he's done an admirable job of restructuring this company and making some massive cuts that were unfortunately needed because they just lost way with the technology industry, and it's like the edsel of smartphones. it's outdated, and i don't think it's ever going to come back because it missed too many technology shifts. >> there's businesses where a little guy can make a run at the big guy, smartphones -- melissa: it's ubiquitous. blackberry was the phone that

the government used because it was safer, it was harder to hack, and there's still some businesses that focus on it in that sense. nothing. >> in this business today you need a gigantic research and development line on your income statement. you need a lot of financial firepower to spend on the next big features. apple has that, samsung has that, and it's becoming a duopoly at the top of the market. it's very difficult for other players. melissa: no chance in your mind. >> i don't see -- not no chance -- >> they're not going away, they're not going to become a bankrupt company, but they've become increasinglier relevant, and they have to shift, they have to transform the company out of hardware and make it more of a software -- >> and they can price for share on cheaper phones, they can certainly do that. at the top end of the market, they're going to struggle. melissa: okay. coming up, the happiest place on earth looking to make investors cheer. what to expect when disney reports after the bell, and, of course, we're keeping a close eye on the markets today. at the end of the day, it is all

about "money."

we never thought we'd be farming wind out here. it's not just building jobs here, it's helping our community. siemens location here has just received a major order of wind turbines. it puts a huge smile on my face. cause i'm like, 'this is what we do.' the fact that iowa is leading the way in wind energy, i'm so proud, like, it's just amazing.

melissa: let me give you a stock alert on a big market day, walgreens shares diving by more than 7% following a report the company plans to remain in the u.s. rather than pursuing a tax break by moving overseas. the drugstore chain plans to buy a remaining 55% of alliance booths that it doesn't already own. look at the selloff in that stock. disney shares down with the broader markets, but the widespread success of "frozen" should provide comfort. the global phenomenon expected to boost the revenue for the third straight quarter when it reports after the bell today. jack howe is here with me, "frozen," such a phenomenal success. >> can i think i own one of everything -- melissa: everything. it's just like -- it's a phenomenon. >> disney is really killing it in every area of its business right now, tv, the studios, and the key with the merchandise even when a company has a hit on the same level as disney, they

can't push the merchandise as fast as disney because it has more relationships with -- melissa: great point. >> -- the stores and merchandising companies all around the world. so it's able to push a lot more gear faster and make a lot more money. melissa: yeah. you have to have the movie that everybody wants, and when the kids are screaming for the merchandise, but then you have to be able to capitalize. >> yeah. you have to have the deals in place for the parties, the balloons, the plush toys -- melissa: yeah. i've been to so many frozen parties this year. it's everywhere. >> i hosted with children, mind you -- melissa: yeah, i bet. >> although that might be -- melissa: speaking of which, before we go we have to give a very worm congratulations to jack -- warm congratulations on quarterback howe on his new baby boy! who couldn't love -- look at that face! yes, i love it. yes, i'm surprised. and i bet this is the lovely girl who had the frozen party. >> that's my daughter, she had the "frozen" party, and she was

a little mad not having the spotlight to herself. melissa: you know, i hate sharing the spotlight myself, but thank you for coming on anyway. yes, thank you. that's all we have for you. i hope you're making money. big market day. "countdown" starts right now. ♪ ♪ liz: the middle east, ukraine, the possibility of earlier-than-expected u.s. interest rate hikes. with these clouds hovering overhead, what should you, the investor, do? one of the smartest minds in the world when it comes to fixed income, blackrock's james kennan with us in a fox business exclusive to guide you. got a kid in college or one who recently graduated or you're in college? then you've probably heard of the checkbook rental business. now they have a new partner and new emphasis on digital books. will it be a teachable moment for wall street and your portfolio? cheg's ceo and president is our guest in another fox business exclusive.