career. dierdre: that is sad final note, considering that is not your team. >> got to love the yankees. why not? dierdre: ashley webster joining knee 8 me there. thanks for joining us. melissa francis is here. "money" starts now. melissa: it sure does. selloff on wall street. all three major averages down 1 1/2% in the worst one-day route since july. stopping flow of oil. america's news plan to hit isis where it hurts. lieutenant colonel oliver north on our strategy against isis and the new threats uncovered back here at home. have you heard about t attorney general eric holder stepping down. we get word after possible replacement from charlie gasparino. liveliftoff. are our friends overseas making delivers with drones happen? don't be jealous amazon. you know what they say it is always about money.

melissa: stocks seeing red. the dow plunging more than 200 points with a mixed bag of economic reports. leading some to fear that interest rates may soon be on the rise. investors also skiddish following a report that isis is plotting imminent attacks on subways here in the u.s. and in paris. let's bring in today's panel. fox business as own charlie gasparino. we have dan schaefer also from schaefer asset management. todd schoenberger of jay striker asset management. thanks to all three of you joining us. what do you think has the markets on edge today? >> i think it is interest rate fears. one of the fed governors, i forget which one, because of strong dollar. melissa: dudley, right. >> new york fed president. one of the governors or president of a branch of the fed. melissa: anyway. >> because of the strong dollar, inflation will be subdued therefore the fed won't have to raise interest its. that sent the market up. people are looking at strong dollar news as potential for

deflation. where you might have to raise rates anyway. melissa: apple a drag. news out of russia. dan? >> on technical basis it is clear that the federal reserve created this rally. dallas fisher said it on maria's show on friday morning. at this point the deflationary issue, which st. louis fed wrote a report december 1st is the biggest concern. interest rate on 2 year treasury in germany is negative .05. the japanese 2-year is .05. melissa: todd is shaking his head. >> i came from wall street and our traders are scared to death what is taking place geopolitically. the threats with isis. subway imminent attacks we're hearing b that is really hitting. melissa: for those who don't know, iraq prime minister is saying on the sidelines of the u.n. meeting going on here in the u.s. right now, saying that there was an imminent attack. that they heard about. when asked by a reporter, has it been thwarted, the prime minister said no. >> right. melissa: this is really has a

lot of people on edge. >> the they are worrying about the iraq prime minister is saying. >> charlie, i love what you're saying. >> here's the thing. i'm not saying it won't. thank god we have a great new york city police commissioner. we have the fbi here. think about it. this market is so on edge because of interest rate policy. >> get out of here. >> that a whisper from the iraq prime minister, iraq prime minister -- >> charlie, you're isolated, charlie. you're isolating yourself. 6th and 48th you're completely isolated. here is what is going on. melissa: let him speak. let him speak. >> you are. melissa: todd, go ahead. >> i don't go down -- i don't go down to wall street where you and three people work? >>ee man. ba boom. >> you know it. >> here is the thing, guys. we went through a brutal first quarter this year. we have yet to see that 10% correction in the s&p 500. over the last five trading days,

the s&p is down 2 1/2%. this may be that selloff but still don't have the catalyst. >> maybe? maybe? >> only thing that will make the catalyst happen is world war iii. alternate violent conflict. and -- >> this is excuse to bring the market lower. these stocks are overinflated because of induced money by federal reserve, banks buying. stocks in index -- it is about to come to and end. charlie will let everybody know. >> i will say this okay. you're right, i'm isolated from the three guys who still work there but i will say this, this market is on edge because it is artificially inflated. looks for reasons to sell off. >> that is been going on all year, charlie. melissa: meanwhile u.s. launching a new round of airstrikes against isis, this time targeting about a dozen oil refineries in syria. u.s. department of defense official says the terrorist group makes roughly $2 million a day from refineries. i was waiting for them to do

something this clever. let's specifically target the money machine on isis. they're more well funded from any terrorist organization. so much comes from the fact they have taken over various oil installations in syria. 60% in iraq as well. these are modular oil refineries. they buy pieces. put them together above-ground. they are temporary. but they can get struck and hit. this makes sense, yeah. yeah. you have to question, one of the problems with the obama administration that they have complete lightweights in sort of key positions and why, when they do have good people -- melissa: that's rough. >> when they do have good people you don't listen to them. go from jack lew to other people that are smart. let me tell you something, president obama's military advisors have been talking about striking these guys down for months and months. melissa: they went after the oil refineries. they went after a financial center, digital financial center. >> is it too late? melissa: i don't know. we have to do something at some

point. what do you guys think? todd? >> here is the thing. enviable business model when geopolitical events take place. oil prices go up. you know what happens with people control the oil, they see more money that comes in. i get it. we have to strike while we can and where we can and have to go after their financial centers, like kt mcfarland says, they're making $2 million off of this they're making money elsewhere. they have so many weapons they took over from iraqi army they're making money on the black market anyhow. >> if they hit the supply they have nothing to sell. >> nice if we found out who they are selling it too. melissa: oil is fungible. that is tough thing to do. in los angeles the city council backing a law that would establish a minimum hourly wage for $15.37 for workers at large hotels f approved, it would be one of the nation's highest minimum wages. for hotels with 125 guests or

more. which means big hotels raise the rack rate at their rooms and people go to smaller hotels, no. >> or lay people off. melissa: or lay people off. >> unionization of politics is what it is. the state delegating the amount, instead of negotiating between the unions and the hotels. melissa: picking winners and losers. >> shows how naive people are. you will have higher wages which translates to higher costs. melissa: or fewer hours. if i pay you more i will not pay overtime. if you they do that right away, hotel will say, you know what? we won't do overtime. >> do what they have to do and show the world what happens. getting to the point where economics this are so against raising minimum wage particularly to these levels, if no one will believe you. you throw up your hand. let it happen and watch unemployment rates go up in those cities. >> right. melissa: shut the front door literally. many auto lenders are shutting off a car if you miss a paint. they're installing a trip switch, an ignition cutoff, that

they can activate remotely. if you pace your payment, your car doesn't start. how long does it take people to get it off the car? aren't there three guys in new jersey and don't you know them. >> i'm sure there are three guys down on wall street. >> wow. >> i can't help it. melissa: you want in the middle of this? >> going with the story, this is the problem there are subprime loans in auto industry. melissa: again. >> which are going to start to hit. i read the article and story. i feel bad for these people having cars shut off. they can't pay the bills. economy -- melissa: why do you feel sorry for people who bought cars they couldn't afford. >> they shouldn't have been lent the money. >> just committed heresy at fox. >> i did? melissa: i don't know. buyer beware. no. no it is not feeling sorry. it is facing the person who got into debt that they couldn't afford as the victim.

>> right. melissa: they're not victim. they took on the debt. >> i'm not saying they're the victim. i'm not saying they're a victim. melissa: come on, charlie. >> i like old-fashioned way. send charlie's boys to get the car. don't shut it off going doesn't highway. >> i feel sorry for nicole petallides on floor having to explain charlie's actions here, talking about those three people. >> i've been saying new york stock exchange is superfluous for years? melissa: are you ready jack ma the movie? a feature film is currently in development about the rags to riches story of the alibaba founder. i don't know. if they could make the facebook thing interesting, although i didn't see that. >> facebook movie was pretty good. listen, i like rags to riches story. he is that. a guy came up with something. melissa: did he kill anybody? how harrowing is it. >> who did zuckerberg kill? >> how do you know the story is true? coming out of china. melissa: how do you know anything in hollywood is true? that doesn't account for

anything. >> here we go. melissa: what is going on over here. thank you, gentlemen. very lively today. familiar face edges back into the political limelight. dust off the mitt romney gear because the run in 2016 is looking more likely by the minute. mother nature must be a red sox fan. how foul weather could cost der he can jeter his grand finale. smart money is on the way. ♪

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melissa: attorney general eric holder will announce today that he is stepping down after nearly six years in the role. charlie is back with his own idea who might replace him. also joining us is byron york from the "washington examiner." he is a fox news contributor. charlie, what are you hearing. >> lots of talk on wall street and elsewhere in circles, political circles preet bharara, the u.s. attorney for the southern district is one of the potential candidates. i will say this, if preet, if eric holder has a major say in this thing it will not be preet. it will be camilla harris. melissa: does he have a say? >> i don't know who has the

president's ear on his replacement. he might. he and the president are very close. they're friend. what is kind of interesting is what the business community thinks about eric holder. i will give you a quote from none other than your friend jamie dimon. who basically said dealing with the justice department under eric holder during all these settlement negotiations is this. they're relentless, just like the mafia. that is what wall street thinks of eric holder. melissa: wall street did not have a great time with eric holder. >> jamie did not in negotiating $13 billion settlement. marginally if wall street had its way, they would like preet. he is very centrist. melissa: very tough. >> very ambitious. will do whatever the president -- melissa: that is key point. byron i want to i but in on this. the got to be one of the things the president will be looking for, someone who will be wing man for him, someone to deaf fuse the problem and do a lot of what he wants. is that a fair assessment? >> absolutely.

the president really wants an ally in the attorney general's office, there is no doubt about it. because he often does some tough guy things the president really doesn't want to do. remember holder has has had enormously contentious relationships with congress over"fast & furious," over the irs. he sued the state of air southern to enforce the federal government's right not to enforce immigration laws. on the other hand he has taken a very activist role in many things. obviously his involvement in the whole affair in ferguson, missouri has been very, very high-profile. acted in ways perhaps the president didn't want to get involved himself. he has been a very, very close ally for the president. melissa: political intrigue of a different kind. speculation heating that up mitt romney will enter the 2016 presidential race. following a bold prediction by romney backer anthony scaramucci here on "money." >> i think governor romney would be running again. i could be talking my book

because i'm so close to governor romney. i think the governor is probably the best bet for us. melissa: romney is still playing coy about a bid for the white house his wife ann left the door wide open while speaking to our own neil cavuto. >> you have the reagan example of third time was the charm for him. that it has been done before. and that would be appealing. >> well, we will see, won't we, nee? melissa: hmmm, charlie and byron are back to discuss this one. do you think there is a real chance romney would run? >> there is. it doesn't mean he will do it. it is not zero. i think a lot of republicans assumed since he lost, remember he ran in 2008 as well, didn't win the nomination. got it in 2012. lost the general election. i think most people thought that was it for him. as far as we can tell he is somewhat happen the way the gop has been field so far. what is -- field has been unfolding so far.

a lot of his donors and supporters want him to are run and keeping their powder dry and not committing to other candidates until they hear affirmatively from mitt romney. >> what do you think -- >> catfight in the country club. melissa: catfight in the country club. >> i said that in the past. melissa: i'm not familiar. >> mitt romney runs, jeb bush runs that is not going to happen. i think if jeb runs i don't think mitt romney will run. what is interesting here, romney's people goes out on fox news, i heard what he said to chris wallace the other day. basically said i'm not running. but then his supporters talked to his advisors, hold your powder. don't commit to jeb just yet. that is what we have going on. interesting juxtaposition between the public romney and what is going on behind the scenes. melissa: byron, is that the catfight in the country club or hadn't you heard that phrase either?

>> that is news to me. that is true romney doesn't want to run against jeb bush. he sees himself, if he were to enter at awe, coming into sort of rescue a gop field that really hasn't gotten itself together. melissa: gentlemen, thanks to both of you. >> thank you. melissa: ebola sees it as one of the biggest threats to mankind right now. he is asking the world for help in stopping it in its tracks. tech stocks powering way down. apple a big loser. latest in string of bad news for iphone maker. do you have too much money or too much charlie gasparino? that is not possible. ♪ "hello. you can go ahead and put your bag right here."

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melissa: steen selloff on wall street. all three major averages down 1 1/2% on the day. look at that, nasdaq hit the hardest on percentage basis. tech, and let's go to nicole petallides on floor of new york stock exchange. what is driving the selling. >> we don't see selling like this too often and what is driving the selloff and how does it stick. >> we hit trifecta of bad news. apple a big component in major index. interest rate fears particularly with richard fisher, interest rate increases might go sooner than june of 2015 even though he is not a voter on the fomc next year. the dollar is punishing market. hitting three sectors, materials, industrials and energy. >> i heard a lot of news about russia. pertaining to what they may do in retaliation of recent sanctions. you hear anything about that? >> the only thing you hear about

russia, they're getting playful shall we say with flight incursions over baltic states. anybody that thought vladmir putin would take up his ball and go home because we slapped sanctions on him they're fooling themselves. that is a story that has legs. we'll keep eye on it. i think things pointed out earlier are buffeting the market. >> we've broken through ski support levels. that is it. we'll toss it back to you guys. down 242 points. melissa: nicole, thank you very much. president obama back at united nations urging a global response to the ebola outbreak that has now killed 2900 people. >> if ever there were a public health emergency deserving an urgent, strong and coordinated international response, this is it. but this is also more than a health crisis. this is a growing threat to regional and global security. >> joining me now from the fox news medical a-team, dr. manny

alvarez. you've been saying that forever. >> a long, long time. do you have to wait for u.n. security council meeting to talk about the global crisis of ebola? give me a break. these are talking points from the president. he wants to make points to whoever. but there is a global crisis. we deep saying it. the cdc, at very beginning, was not very transparent in giving us all the data. the head of the cdc, who i know. i think that listen, this is a job that you did a terrible job at this present time. rushed to get there. sent people from the cdc. nothing has happened. now, it is 3,000. now -- >> they say by end of the year, 1.4 million. >> could be. this is without even transformation of the virus. i don't think it will happen. scientists are saying no. the virus has stability. it will continue to be a direct contact. melissa: if there were mutation which is what everyone is so afraid of. >> that is not even an issue for me receipt now. it is that there is nothing, no infrastructure.

basically, i read somebody described this as fighting a forest fire with a little hose. nothing. you can't do this. and every nation should be very careful about this. especially nations, you know i worry about the middle east. i worry about asia. if you, here this virus coming to america, whether we had a patient or two, yes, we can take care of it immediately, as long as the virus does not mutate. can you imagine a ebola outbreak with india a billion people? they don't have the infrastructure. can you imagine a outoutbreak in the middle east? no infrastructure and we have american troops there. this is getting out of control and appealing to countries, you have got to take the bull by the horns. you just go -- melissa: don't go to the u.n. to make a speech. >> send to saudi arabia, give me a check for billion dollars, have a nice day. here is the receipt. take leadership. you can't convince people, people in their own countries start dying. that's when they're going to do something. melissa: dr. manny, thank you

very much. very fired up about this. the threat at home. new report from iraq's prime minister warning isis may be targeting americans commutes. plus markets continuing to dive right now. we're still managing to find some green on the screen. we'll tell you where it is. "piles of money" coming right up. you know what my business philosophy is, reynolds? no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ sighs ] honey, haven't i asked you to please use the -- we don't have a reception entrance. [ male announcer ] ship a pak via fedex express saver®

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melissa: new york city on high alert following a report that isis could be targeting >> reporter: security is always tight this time of year in new york and especially this week with the combination of the u.n. general assembly, the jewish new year and now possible threats coming from isis. even more security measures have been put in place according to law enforcement, and the nypd has been stepping up security and its presence around times square and across the city as it evaluates those internet threats calling for lone wolves to bring

harm to the u.s. tom ruskin says the country is living in a very dangerous time right now. >> we know that there are people out there who do not like americans just because of what we stand for. it makes us a target. more so in new york city because it's the capital of finance and economic and capitalism as foreign people see us. but it's also the mecca of the united states. >> reporter: as for theup, officials have said they will be giving greater security attention to delegations from countries where there are continuing conflicts. new york's police commissioner, william bratton, has also promised more security at area synagogues, telling jewish clergy and community leaders his department will be deploying tactical squads during the high holy days. bratton says people traveling to the big apple should feel

protected. >> one of the reasons why these 56 million tourists keep coming here despite all of the chatter is the fact that the city is safe, and we are confident t that we can continue to keep it safe. >> reporter: and just yesterday the governors of both new jersey and new york issued a joint agreement to substantially increase security, increasing visibility inspections and surveillance on trains, landmark bridges and tunnels. back to you. melissa: laura, thanks so much of for more on the threat at home and overseas, we are joined by hue tent colonel aler north, and he -- oliver north. thank you so much for joining us. >> not good news, but good to be with you. melissa: yeah. let me ask you your reaction to this latest story and, you know, some people are making a lot of the fact that we learned it on the sidelines of the u.n. from iraq's prime minister. what do you make of that? >> well, there's several things. one, if this was information we had passed to him, i think we'd

have known it before, and there's no one quite so good as we are at getting what we call technical intelligence. it is possible that he's getting this from a human source that is being fed to him from back in baghdad. but i think it's a very simple thing to say that he could also be doing that to insure that the united states doesn't walk away from his problem. he's got some big problems. we do too. the attack on our infrastructure could very well be imminent. it could well be being plotted by khorasan organization. about 50 professional bomb makers from the afpak, the afghanistan/pakistan border region. they have learned from the madrid and london attacks how very effective those visuals are as a recruiting mechanism. it's a commercial, if you will, for radical islamists. a high visibility attack on the homeland, and this does not have to be complicated. this could be as simple as two brothers in boston building two

bombs in their kitchen and carrying it aboard a sub in new york, particularly one out of the ground and visible. melissa: it does seem very logical. it seems like especially what we're doing over there now. do you feel like we're doing everything we can here at home to protect everyone, or is it one of those things that, unfortunately, is very hard to protect ourselves against? >> well, you know, if we would accept the idea of profiling, it would be a lot easier. but the last time i rode the train from washington down here to where i am -- from where i am to where you are in new york, there were two dogs out there sniffing everybody that walked by. i think we're doing what we can to preserve civil liberties in this country. the bottom line is this administration gave radical islamists a two-year-long safe haven to plot and plan attacks like in this syria. melissa: yeah. >> the answer to that is ramping up airstrikes onal news rah and corps zahn and -- khorasan and

plotting and planning. melissa: let's talk about what we're doing on that front. so the latest intelligence is that we're attacking isis' money machine. we have made so much about the fact that they are so incredibly well funded through all kinds of illegal activities. one of them is taking over oilfields and refining and selling that oil. what do you think of the idea that we're attacking those refineries? >> i think it's wonderful. these are kinds of things you can put on the backs of trucks and move from point a to point b, and that's what they've been doing. and if the numbers are right, a million to a million plus a day in revenue through the black market. the idea that they could ship that stuff through by trucks and pipelines through turkey, hopefully, has now been fixed. melissa: yeah. >> and the idea that we've taken on a dozen of these, probably only the 12 we've, good idea. melissa: we are strengthening assad, he's on the sidelines cheering, al-qaeda's cheering as we take out isis. how do you respond to that? >> that is the problem.

no, it's absolutely true. the fact is this idea that we're going to take 5,000 moderate syrian rebels, the so-called free syrian army, take them to saudi arabia, train them for ten months to a year and bring them back, isis has over 30,000 now, by the time they come back, isis could well be 100,000. and they're supposed to fight both against the assad regime and isis. mission impossible. someone has got to wake up to the fact that there's going to have to be a significant ground component to a successful strategy of destroying not only isis, but alsoal of these -- all of these other organizations like khorasan. otherwise you're never going to be able to get rid of the man we started out -- melissa: you are far from alone in saying that. colonel north, thank you. >> thank you. melissa: let's get back to the markets which are suffering the worst day since july. larry shover is at the cme. what's driving the selloff in your opinion, larry? >> right now just one more big

and inexplicable move like we have seen the last few days. and what's funny or ironic is traders are looking at every move we had, up, down, whatever, and trying to assign some old or hollow headline to it. right now the fact is we're chasing, we're preserving, it's end of month, it's end of quarter. we had a big runup on the 16th after that hilsenrath webinar, and in my mind it was weak hands chasing the market. right now we're consolidating, it's healthy to do. 1950-1985 is a great area to be until we get through this third quarter earnings starting pretty soon. melissa: and, larry, we promised people we were going to tell them where the green was. gold trading higher, arbob and nat gas trading higher. a lot of this is that safe haven play in gold. right, larry? real quick. >> yeah, i think it is, but also it's a snapback rally.

gold has dropped the last few months. to me, it's a buyback, a bounceback. i still think the short or intermediate term is down for gold. melissa: larry shover, thanks so much. the united states postal service got a taste of the grocery game, and now they are hungry for more. and leave it to peta. the animal rights group is leading the charge against the running of the bulls. seriously? just a slight little change to the spanish tradition. at the end of the day, it's all about "money." ♪ ♪ [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace

new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. a research tool on thinkorswim. can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves. how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor

so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ ♪ ♪ melissa: i'm melissa francis with your fox business brief. the u.s. postal service wants approval to expand a grocery delivery business to big cities all across the country with amazon fresh in the san francisco bay area, tests have proven successful, and they think a wider service could bring in an extra $50 million a year. they are trying! jimmy john's has suffered a data breach at more than 200 outlets. the company says customer information is at risk if cards were swiped within stores. it's believed an intruder stole log-in details to gain access to the cash register system. and gm has announced it will

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rights activists want people to drop the annual running of the bulls for something a little less dangerous. peta has suggested a ball run. where energetic spaniards can run from a 220-pound foam ball. peta has been inspired by a small town near madrid where this has been adopted as a cheaper and more animal-friendly alternative. that is so dumb, i can't even believe it. apple proving a huge drag on the nasdaq today, probably longing for its days when youtube backlash was its biggest problem. a botched software rollout causing apple to back pedal, pulling its latest ios update. customers are still bent out of shape about unwanted curves in their iphone 6 plus. here to discuss all of it, tech expert rob enderle of the enderly group and todd schoenberger is back with us as well. rob, i'm going to start with you.

that ios thing, a huge flop. now the phones are bending? maybe you shouldn't sit on them. >> well, that's true, you probably shouldn't sit on them, but recognize people have been sitting on their phones for a long time. most of the phonemakers have either magnesium or steel frames so this doesn't happen. they did a test with a samsung phone, and it wouldn't bend -- melissa: this is a big problem. okay, simon, do you sit on your phone on a regular basis? >> i'm afraid i do. melissa: really? >> i'm afraid i do. it's in the back pocket, it's useful -- melissa: so you think this is a disaster, and apple deserves to get hammered? i don't know that it's a disaster. they keep having botches. remember when the phone came out and people were accidentally hanging up because their cheek was against the screen -- melissa: and they still sold millions of phones out of the gate. >> doesn't matter. melissa: doesn't matter. >> there's a ramp-up process, guys. and here's the thing, when you have margins as great as apple

does can, north of 30% on the iphones, they can clearly have a recall. it's a great buying opportunity. melissa: okay. well, with apple a little on the ropes, it seems like a perfect time for blackberry to rise there the ashes. let's see how things are going with that new square phone. >> i feel like my vision's getting distorted. like it's square, it's very square. >> i don't know what this is. >> don't know where i would put it. >> why is it square though? that's the weirdest thing in the world. [laughter] melissa: well, then again, maybe blackberry's day's just never going to come. >> yeah. melissa: what do you think, todd? >> look, this is a joke company, it's a joke product. melissa: come on! >> these blackberries are worthless. even a coaster is worth more. >> ooh! >> they're trying something unique, they're trying to be a category killer, and they're a joke, stay away from hem. melissa: mike, do you have anything nice to say about blackberry? no. [laughter]

>> recognize they're building a phone for professionals. they're trying to come out with a product that deals with people that want to learn how to do stuff faster, better and in a more secure fashion, and this phone isn't for everybody. this isn't for your apple user, probably not for most of the folks on the panel, and i've had it for a couple weeks, and if you spend the time learning how to use it, it is faster -- melissa: you have the little square thing? you're the one that has one? [laughter] i think you're pretty much the only guy out there. >> i'll say something nice about blackberry. they were the people that pioneered the smartphone, and they really -- melissa: a long time ago. well, maybe that's why the "wall street journal" said back to square one, simon. >> yes. maybe that's why they did. what i find really sad though is that they were top of the castle for a long while, and they're sort of nowhere now, and i don't think -- >> upper management. melissa: yeah. before you guys go anywhere -- >> apple did. melissa: okay. that's a -- at one point. i want to show you guys there

before you go. phones keep getting bigger, but our fingers and our thumbs stay the same. some cell phone users are having such a hard time navigating, they've turned to the thumb extender. that's what that is on your scream. it is made out of silicone and expands the reach of your thumb by nearly an inch. look at that. >> it's stupid. melissa: she's all thumbs. >> if you have square hands like i do, a bigger screen is good because the stubby fingers on the little phone were too much. i couldn't do it. melissa: isn't the problem that our fingers are too big? that's why i don't have an iphone, because i can't manage the keys. >> there's a business here, guys, it's called customize smartphones. you're going to see apple do this down the line, probably a half dozen years, where you'll actually be able to design the phone to the size of your happened. melissa: i like the sound of that much better than the giant thumb. thanks, guys. we have our very own cheryl casone filling in for liz claman

today. huge day for the markets. cheryl: and we are looking at what's happening with the markets. first to the nasdaq, you were talking about apple just a few moments ago. certainly a big draw right now on the nasdaq. as you can see, we're down about 78 points. we're going to see to how the next hour and 13 minutes trades for all of us. and then looking at the dow, of course, the low is 16,947. david asman and i have somebody coming up on "after the bell" that actually says, you know, don't worry about days like today. also we're going to be talking about a little bit about ford. you had that big chrysler recall today, but it's all about jobs and ford, and that company certainly is hiring like crazy down at their new plant in missouri. i just like saying that over and over. anyway, hendricks is going to be joining me -- joe hendricks -- creating those jobs down in missouri. big show coming up, and i'll try to turn the markets around. melissa: all right.

we'll keep an eye on it, cheryl. drones get the go ahead to be used on set, and plus jeter's final home game. did you just spend thousands of dollars on a ticket you may not get to use? i hope not. you can never have too much rain. ♪ ♪ [cheers and applause] health can change in a minute. so cvs health is changing healthcare. making it more accessible and affordable, with over 900 locations for walk-in medical care. and more on the way. minuteclinic. another innovation from cvs health. because health is everything.

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♪ ♪ >> i've never heard a negative word about it, ever. and all i have ever heard is what a wonderful man he is as well as being an outstanding player. he will go out not only the way he came in, but the way he maintained himself all years, one after the other. he is a class act. melissa: start spreading the

news, derek jeter's final home game is tonight. tickets for the big event currently listed for as much as $15,000. will it rain on the captain's parade though? fox news' brian kill immediate joins me now. >> the answer is, yes, but it's light rain, and i believe there is no dome at yankee stadium, looking for a second source on that -- it's not. [laughter] there's no way they're canceling this. they walk -- melissa: do you actually know people in the weather business? >> yes, in the business and write children's books. and derek jeter's final game will get you wet, but you won't be stuck with the tickets. they're going to play some way, somehow. melissa: it will disguise your tears, so you can look like a real man that you're crying. >> in baseball, there's no tears left. it's been the longest farewell in history. if you saw the gatorade commercial, if you see the way the opponents treat him, if it was just his teammates and new york, it would have been done, but it's to appointments, they're actually -- the opponents -- melissa: can you believe people

are paying $15,000 for the privilege to go? >> yes. because there's very few icons who are in our lifetime in our generation x he's one of them who is 39, 40 years old, played with one team, for the most famous -- melissa: do you think he'll finally get married? >> yes, i do. i think without the pressure of baseball, i think he'll look to score off the field for the first time. [laughter] melissa: okay. on that note -- >> that's a question i wasn't ready for. will he get married. melissa: congratulations to me. brian, thank you so much. [laughter] as if there's not enough to worry about, delivery by drone now a reality across the pond, and the big boys of american tech are nowhere in sight. a run for your "money" up next. ♪ ♪ when fixed income experts work with equity experts

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>> sorry amamazon. dhl is rolling out supplies to people, its drone, the personal copter can fly up to 40 miles per hour. brian, simon and todd are back with us. what do you think of this? >> it's going to get caught on speeding. >> brian? >> watch out above. watch out for your head. >> drones are coming, i like them to deliver my packages. shocking accusation against new york mayor bill de blasio. days after de blasio dropped the famed groundhog, staten island chuck. he dropped it! that's evil. the critter met his demise afterward. brian? >> february 2nd, the drop happens. he falls to the ground. we know he's not the same. we don't know what's wrong. on february 19th, passes away on injuries sustained from the

fall. a couple of things come to mind. it turns out he's posing as a male, it's a female. >> chuck is actually charlotte! can we see the drop again. can you rerack that for us? >> oh! oh! >> awful. >> this is a 6'9" mayor, that's a huge drop. had mayor bloomberg dropped, 4'11". he would have survived. >> i don't want to judge, but i would say like this, why are we fighting about it eight months later, if a groundhog dies, we should know about it. >> instantly. maybe we need a special investigator. >> if i were punxsutawney right now. i'd be quite concerned. i understand he's taking a trip. >> on groundhog day, hold onto me. >> so sad. it is so sad. >> very sad, i don't know how we're going to know whether spring is coming or not.

i wonder if there will be a massive cover-up. i wonder if the groundhog wasn't paying enough taxes? [ laughter ]. >> i'm just saying, it could have been meant as an example to the rest of us. >> we know groundhogs seeing their shadow is how long winter does not last or does last. why not use the same groundhog again. >> very good. >> brilliant idea. >> i don't know about that one. all right, from all of us groundhog intrigue, and i'm sure there will be an investigation. i want to draw your attention to the markets in the red on the day. dow is trading down 233 points. it's off the lows of the session, but still down about a percent and a third. the nasdaq is driving the sell-off. a big sell-off in tech, a lot of the themes in apple are driving that. the nasdaq is down about a percent and three quarters. big sell-off on wall street. something we're watching closely and no doubt cheryl will be all over it in the last

hour of trading. that is all we have for you right now. hope you are finding a way to make money. gold is up. "countdown" with cheryl casone starts right now.. cheryl: and she said it! we're off the session lows. we shall see how the next hour shapes up for the markets. i'm cheryl casone in for liz claman. stocks are selling off all day, anything could happen. we're going to be right on top of it for you. dow, 16,977. down triple digits, more than 1.25% loss and below the 17,000 mark, hovering back and forth for a few seconds. nasdaq, all about apple, the biggest loser, nasdaq down about 1.75%. a lot of tech names. we're going to talk about that by the way. not all bad