equity markets led by energy stocks. that happened today as well. [closing bell ringing] david: bells ringing on wall street. glad to see this one end. enthusiastic crowd always there at opening and ringing for the close. but all indices are down, directly in relation to what is happening to our neighbors to the north. liz has been covering past hour. we'll continue that coverage in this hour. very close. you see exactly how much further the negative effect on the markets will affect things. we had all of canada covered. they had a lot of economic news. it wasn't all good either. their central bank making moves. interestingly in the opposite direction. dow, almost full percent drop. russell 2000, small and ms. sided caps. 1 1/2%. you know they have been hit hard over the past year. today was no exception. very busy day on "after the bell" starts right now.

liz: 10 a.m. eastern when things began to change much. a deadly shooting in. scott wren says this type of behavior scan ever -- can be opportunity for investors. but we stress the tragic end of it. scott wren tells us why he thinks the u.s. is place for money especially right now. todd horowitz from the pits of cme i want to begin with you, todd. how the markets and pits started to receive the news of the shooting. then reaction that you saw. >> hi, liz, hi, david. i think what you saw a little bit of fear strike out. we saw fairly get selling as you mentioned. midday we had a little bit of an attempt at a rally. after that we had one rally back

up and we sold off. we were down at lows but come up a bit here. there is some fear but traders are not quite convinced yet. i think if it was isis we would be down a lot farther and volatility index only up 10%. really only 17 is not reacting as fearful as you might think. more concern for a market right now is the action in oil which nicole pointed out as well. oil being weak here we like to talk about a possible tax cuts for consumer but it is really not. oil coming down here is weak for the economy and shows how weak the economy really is. that is more important. as bad as we feel for people shot and the problems, we don't want anything to happen, oil coming down is very scary, we'll talk about oil coming down. scott wren, i want to talk about the fear effect in today's market. clearly connection between events up in canada and what happened in the markket.

a couple of months ago this market would climb walls of worry. today when there is attack in canada or ebola outbreak somewhere, immediately the market is affected. the market went from climbing walls of worry to slipping on walls of worry. is that a problem? >> well, david, i think in the short term it can be. i think trigger for me in this selloff that we've had, german growth. german numbers backed. the fact that europe is doing worse than what a lot of people thought it was. to me that was the trigger. ebola added to it. today's trading we have a selloff late in the day because people don't want to go home too long and then find out that these canadian shooters were terrorists that could have been related to, whatever group. so, today, i think, you know we had a good bounce off the bottom. we gave up a little bit there. but i think a lot of this late-day selling you saw, they don't want to be exposed to overnight news. overall though.

as liz mentioned earlier, any of these pullbacks in my book are a buy. we want our clients in here buying on the way down because i think this market will set some new record highs before the end of this year. david: gotcha. liz: ron, when scott talks like that, it does make some sense, especially when you look back at the near past. on wednesday, at one point we were down 400 points. that might have been the buying opportunity. to remove all the noise of the then, 100 plus point swings since then, very hard thing to do. what is your best advice right now with all the unknowns out there? >> i think we're supposed to buy low and sell high. if that is the question, you know, that we're fronted with, this terrorist attack, or attack, whatever it is, if it creates opportunity, and i certainly don't want to be heartless about this -- liz: of course. >> you look where opportunities are. i don't see this event as impacting ibm's earnings or eaton's earnings. i'm not quite sure why oil

prices went down the way they did. i'm on my way here. liz: inventory numbers. bigger than expected build in ininventories, more supply, less demand. >> again, short-term stuff. you get too caught up in the weed. as far as i can tell, it is still that the spot price will follow the stock earnings. so there are still companies. you still have to look at companies. still have to look at their earnings, look at their prospects and i like the previous speaker. these are all buying opportunities, or being prepared to have, to buy in this market. i don't see a problem. david: we'll go back to our perennial bear here, todd horowitz. todd, there was some canadian financial news today. i want to talk about that. before the shooting the bank of canada came out and would suggest it would raise rates in light of weaker retail numbers. canada came out with weaker retail numbers in september than they had in august. it is kind of interesting when our numbers are weak, we talk about delaying rate hikes.

when their numbers are weak, they talk about rate hikes. different approach. >> and i think their approach is much better. you know, i believe, as you know, i believe rates should be higher here. i think we have to set the bar say, janet yellen, what are you afraid of? let's go go. let's move it up. we want to bring everybody into play here. in canada they didn't use qe with trouble in '08. they came out of it. you know what? the best way out of this is not to create and inflate assets but put money out on the street. when you raise interest rates, makes more likely the banks will want to loan to the average guy because they make a wider spread. that i think is a much better opportunity which i would think in the long run if we would do that here, would cure a lot of ales. that would make me a lot less bearish. until we do something, i don't see a lot of great earnings. i don't see a lot of things happening. i want to be well. i live here.

i want to own stocks. looks like this market in short term want to go lower. stocks like 3d printing, they're getting hammered. nobody paying attention but eventually it will crawl its way up. david: that is the question, scott. whether our economy is strong enough to get slipped down as a result of what is happening overseas? or maybe our economy is so strong that it could boost what's happening overseas. what do you think? >> david, i think we're in modest growth, modest inflation economy. that is what we've been living with four years. our growth is slow. we'll see 2.1% gdp this year. probably 2.8 is our number for next year. that is below the long-term trend. i think it is pretty dependable. not a lot will derail. that the world knows it. i think our stock market is going to go higher. we'll be buying these pullbacks. >> we have breaking news. the gunman who was killed inside the parliament from canada has been identified by can madian police. they are not yet his identity.

however they have released it to u.s. authorities. fox is confirming that a government source is saying canadian sources have the name of the gunman who was killed inside. they are sharing it with the fbi and u.s. intelligence communities. so that they can then run that name through databases and watch lists. the name is apparently shared through an attache and shared through through a special bulletin. once again the suspect killed inside of canada's parliament has been identified. as soon as we get the identity we'll let you know but we're not getting information. david: this information comes from catherine herridge at fox news. if you know anything about catherine, you know she is the best reporter on issues of homeland security. she will be with us in the next ten minutes. we will have catherine herridge to talk about that late-breaking news and also other breaking news that hits about what happened in canada today. liz: ron, as we finish up, let's quickly talk about what you see for markets as we move forward

to get closer to the start of 2015. do you think the fed tightennings halfway through 2015. and if so, what is the best way to position the portfolio tore for that. >> we talked about this before. the fed is data dependent. rather than guess where they will be we'll tell them by virtue how the markets are, whether they should be raising rates or holding off their repurchase program ceasing. i think what we're looking at. we've had five straight years of going up. we wrote in january, boy, if we had a six or eight, god willing, a 10% gain after 32% gain last year, we should all be overjoyed. if we get 3, 4, even if we're flat, i things are fine. u.s. is not an island. we can't, can be successful but we need europe and asia to be a little bit okay. they don't have to be great okay. they have to be a little okay and u.s. is the place to be. and i think we'll end up positive at the end of the year. david: ron weiner, a positive

guy if there ever was one. scott wren, thank you very much. todd horowitz, see you in a couple minutes when s&p 500 futures close. >> thanks, guys. liz: we want to hear from all of you. will the canadian shootings keep the market on edge. send us a on facebook or tweet us @fbnatb. david: before the shooting in ottawa, canada raised its terrorist threat level yesterday after two soldiers were run over on monday, killing one. just how closely related are all these events? catherine herridge in a moment. liz: plus amazon and microsoft set to report earnings tomorrow after the bell. right this hour, tomorrow, will the results give the stock the jolt they need? and should you buy or sell ahead of the numbers? david: also morning storestar releasing the list of top 529 college tuition savings plans all over the country. who made the top of the list if saving for your kid's education. you want to stay tuned for this. we have you will at details

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versus 33.24 billion. with that a miss as well but the key number here also, not only did they miss in the current quarter, but giving total revenue growth projections of 3 to 4%. that is less than the prior projection they have given of 5% growth. the good news here they did add subscribers, nearly 1.2 million new postpaid smartphones added in the third quarter. record low churn rate which is good news, where the period of time participants discon 10 service. that is divided by the current people receiving service. that churn rate to the downside. that was good. >> thanks, nicole. >> s&p futures are closing in 30 seconds. let's head back to todd horowitz in the pits of cme. todd? >> we, as we look at it the market is selling us it wasn't terrorists. we hope it wasn't terrorists. in fact we're rallying a little bit at close. 1940 in the s&p or 1960.

watch the price of oil, if oil continues to go lower, that is not bullish for economy and hopefully at best it was not a terrorist attack. liz: thank you, todd. david: the deadly shooting that took place in canada's highest chambers this morning, could have been a lot worse particularly after we saw the horrific video of the shooting right in canada's parliament. take a look. [shouting] [gunfire] unbelievable. by the way we should mention on both side of that corridor, on one side you had liberal chambers. on one side you had conservative chambers. that guy could have done a lot more damage. for details and analysis we turn to catherine herridge, fox news chief intelligence correspondent. catherine i hope i'm not revealing too much. you're canadian. >> that's correct. david: you know canada very well. you know those hallways extremely well. parliament was a pretty open place. this changes everything, doesn't it? >> it does.

that parliament hill is very much like the capitol hill area very much like washington, d.c. for those who visited us here in the region. what i also say it is very wide open with the idea that it is supposed to be the people's, not so much marketplace but, where they can really voice their opinion in an open way about politics. what we've been able to learn separately here this afternoon at fox news from a counterterrorism source is that there was a spike in isis-related chatter targeting canada in the five days leading up to this incident. the chatter focused on canada's decision to join the coalition including threats that quote, a day of reckon something coming. now to be clear, there has been no claim of responsibility for today's shooting, nor is there confirmation that the shooter or suspects are linked to any recognized terror group but earlier today the secretary of homeland security jeh johnson was given a full briefing on the shooting with an emphasis on what may be a level of coordination with more than a

single suspect as well as a chain of events a law enforcement source also confirmed to fox news that the fbi is helping canadian authorities in ottawa. in addition the fbi field offices were told to raise their level of vigilance today's shooting and last week's joint intelligence bulletin that warned the military and law enforcement of this spike in isis chatter. and in the last two minutes, we have confirmed that the canadian authorities have provided the name of a 22-year-old individual to the fbi as well as the national counterterrorism center here in washington, d.c. to run through our watch lists as well as our databases and that's, that's significant, david, because it does suggest that this is someone who was not on the canadians radar and they're trying to see whether this individual was in fact on our radar for any terrorism reason. david: well, catherine that is the thing that frightens a lot of people. that the fbi and others say

look, we're charting individual who have gone over to syria to fight. we know who they are. we can track them when they come back. but there are a lot of potential lone wolfs off the radar, correct? >> well, you know these ideas are not mutually exclusive in the sense that the fbi here in the united states has really ramped up its ability, social media had helped in this way to track individual who have gone overseas. would i emphasize we don't know that is the case with the suspect in the canadian shooting. at the same time, the definition of a lone wolf has really evolved since 9/11. a lone wolf plainly means now someone who has become radicalized, either working by themselves or in a small cell with two or three other individuals. they become sort of self-starters. they initiate attacks themselves. they don't have to have specific direction from a terror leadership overseas, or from a terrorist group overseas. david: yeah.

>> they can see what they want on the web and they can act. one of the headlines out of that news conference in ottawa today, was that the canadian authorities were taken by surprise, by this event, even given the fact that two days earlier there had been this targeted attack on members of the canadian military as well. david: catherine, i have to get in a final question, very quickly. they're giving me a wrap but how is this going to change our security, particularly at places like malls, and dare i sea say the white house where they had a couple of intruders? >> what i would say without compromising what our contacts have been telling us over the course of the day is that there are clearly going to be changes in the security posture, at least here in washington, d.c. they won't go so far to say there is a change in the alert level, they're certainly going to be an intensification of the existing security around

high-profile sites. david: catherine herridge, good information, catherine. thank you very much. >> thank you, david. david: tonight starting at 8:00 p.m. do not miss neil cavuto's special report. he will bring you the latest live coverage on the attack in ottawa. liz: meantime to microsoft and amazon. they're both set to report quarterly results after the bell tomorrow. the stocks have not exactly impressed anybody over past few months. we're talking about three months, the quarter. should you get in ahead of results or will their less than stellar performance continue. mortgage applications posting their biggest weekly gain since january as rates drop and refi's finally jumped, a big jump, 23%. will rates stay this low as qe comes to an end? is now the time to buy or refi? stay tuned. we'll answer that with barry habib.

david: president obama moments ago talking about ebola and the attack in canada. take a listen. >> killed in an attack. we now know that another young man was killed today and i expressed on behalf of the american people our condolences to the family and to the canadian people as a whole. we don't yet have all the information about what motivated the shooting. we don't yet have all the information about whether this was part of a broader network or plan or whether this was an individual or series of individuals who decided to take these actions but it emphasizes the degree we have to remain vigilant when it comes to

dealing with these kinds of acts of senseless violence or terrorism and i pledged as always to make sure that our national security teams are coordinating very closely, given not only is canada one of our closest allies in the world but they're our neighbors and our friend and obviously there is a lot of interaction between canadians and the united states where we have such a long border and it is, you know, very important, i think for us to recognize that when it comes to dealing with terrorist activity, that canada and the united states has to be entirely in sync. we have been in the past. i'm confident we will do show in the future and prime minister harper was very appreciate tougher of the expressions of concern by the american people. i had a chance to travel to the parliament in ottawa.

i'm very familiar with that area and, and am reminded how warmly i was received and how wonderful the people there were. and so, obviously we're all shaken by it, but, we're going to do everything we can to make sure that we're standing side by side with canada during this difficult time. >> [inaudible] >> we don't have enough information yet. so as we understand better exactly what happened, this obviously something that we'll make sure to factor in the ongoing efforts that we have to counter terrorist attacks in our country. you know, every single day we have a whole lot of really smart, really dedicated, really hard-working people, including a couple in this room, who are monitoring risks and making sure that we're doing everything we need to do to protect the

american people and they don't get a lot of fanfare, they don't get a lot of attention. there are a lot of possible threats that are foiled or disrupted that don't always get reported on. and the work of our military, our intelligence teams, you know, central intelligence agency, the intelligence community more broadly, our local law enforcement and state law enforcement officials who coordinate closely with us, you know, we owe them all a great deal of thanks. all right? thank you, guys. appreciate it. david: once again the president talking about an attack today on probably fair to say the closest ally we have in the entire world, the canadians, right in their parliament, led to two deaths including the shooter. joining us, peter brookes, former u.s. deputy assistant

secretary of defense. peter, good to see you. thanks for coming in. >> good to be here. david: we are closer to canada than any other ally i can think of, despite their peaceful emimagine, canada has a very strong, very sophisticated defense system, does it not? >> absolutely. they have a capable intelligence service but they're involved in a very dangerous world just like we are. and in fact they just recently decided to provide some fighter aircraft to our efforts against isis in syria and in iraq. they are also in the cross-hairs of these violent islamic extremists. we don't know what this is now, david. we hope, that we're not looking at something newer than we already faced in the past. we're obviously very concerned about what has happened up there, whether it is criminal, whether it is terrorism and there is obviously a lot we need to learn in the coming hours. liz: exactly, peter, in of itself it could be a random

shooting. >> that's right. liz: when you pair it with increased chatter over networks that we know defense officials have heard about attacks on al lease, plus, what happened just a few days ago about two montreal police officers who were run down by a newly-converted islamic militant in canada, it just, pieces come together. malala, the nobel-prize winning young girl who was supposed to receive canadian citizenship in a ceremony tonight, that has been canceled. when you peace these together, you as an expert, what does it look like to you? >> i'm afraid that is my concern. i don't want to jump to conclusions here obviously because there is still a lot to learn but the dots that are on the table right now, if you start to connect them, i'm concerned about either a copycat crime based on what happened in que beck on monday because a -- quebec. because a soldier was targeted. this could be a political

terrorism where somebody has an issue with canadian government policy and decided to go after government officials in government buildings. so it is not really clear right now. but we also, we're living in very dangerous time. we're living in increasingly dangerous world and we can't ignore what is going on overseas in places like syria, iraq and somalia and north africa and afghanistan and pakistan. so we're all sitting on -- go ahead. david: i was just going to say, we don't yet know, we don't, in the media know the exact identity of the sheeter, they do. the intelligence forces in canada and u.s. know the name of that person. 22-year-old. he was not on the watch list. does that indicate to you that perhaps this is not somebody that, may be it was a lone wolf, not somebody affiliated directly with a terror group? >> yes. david, in this case, it may not be but once again, there are people that are on these watch lists. there are a lot of people out

there. some of them can slip through the cracks. once again it is very important for john q. public, or jane q public if they see or hear something. people may not fit a certain terrorist profile to get on the list. they may not have traveled overseas to places of concern. it is not quite clear who the individual is and if there should be terrorist concerns about it. or if this is criminal act or something all together different. david: we'll know soon who the person was. peter brookes, former assistant secretary of defense. >> thanks. good to be with you. liz: we guaranty you bought products from these two behemoth of tech you about should you own the stocks, amazon, microsoft, coming up with numbers tomorrow after the bell? we'll get you caught up today whether you should buy or sell. david: also housing, mortgage applications soared last week as a plunge in borrowing costs led to the biggest gain in home

refinancing since january. where are rates heading from now and is now the time to buy? barry habib joining us in a moment to anticipates the question. y ♪ traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the most on-time flights are nothing if we can't get your things there too. it's no wonder more people choose delta than any other airline. hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles

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partners senior analyst, covered both names for years and years. >> very different stories, right? liz: who will have better story after the bell tomorrow? >> where do we start, microsoft? liz: sure. >> value company, pays 2.8% yield. now key thing to remember, march quarter, new ceo generated excitement and brought in new investors that disliked old ceo, steel ballmer. june quarter is strong quarter at end of fiscal year. sales guys get paid off full year numbers. it is first quarter of full impact of nokia acquisition. given the rise in the stock there, is still lots of problems in microsoft, right? there are booed things with the cloud and enterprise business but boy, the hardware business

is really lackluster. liz: we're take about surface. that is hardware business. said i'm not dying to wake in there. but the nokia purchase, which was not cheap, what will come from that. >> what will come from that is a lot of headcount reductions. they will reduce headcount by 18,000 people. 14% of total. that is a material reduction. that ask coming from the newly acquired nokia acquisition. you hate people getting switched out but windows phone doesn't have traction. here is the interesting stat. world's largest operating system would be windows but on units shipped, we'll ship over billion android smartphones. that is more than three times as many pc's sold. google is overtaking this business.

look at amazon, the top 13 laptop sellers five of those are chrome books. google is chasing after core of microsoft's business. >> amazon, you have a hold and price target. closed at 312 today. what will we hear about the fire phone? is that gone? >> i would say that is not best effort. liz: finest moment. will they show a profit? that's a dumb question, right? no. >> no. that is the thing. amazon is down 21% year-to-date because investors are finally getting a little tired of promise of profits tomorrow, not today. liz: i love the p-e ratio. five billion? >> this is the deepened of the pool here. there are great things going on at amazon. i love service if you're amazon prime customer. liz: bought something yesterday. >> bam, bam, bam. it is easy. i love my kindle tablet and i like their ecosystem of entertainment. they are investing in a much

bigger ecosystem chasing before with e-commerce. they want you to consume lots of media. they want to get your groceries to you. that takes money. boy, when you have 21 billion in revenue, not making profit, that upsets people. liz: hold on microsoft, hold on amazon. so you're holding on stocks. good to see you. >> thank you. liz: colin gill list of gbc with the best research on these names. david: when will amazon turn a profit? you just wonder. liz: i love the service. david: it is great and bezos is genius no doubt. one company making great strides against ebola. they may have 250,000 vaccines available. details straight ahead. liz: mortgage rates tumbling. refinancing applications on the rise as people rush to take advantage. is now the time? is your window closing to refi? you've got to hear barry habib coming up next. [ male announcer ] some come here

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$200 million. 43 was up front and investment in the nordic, to make sure we achieve the kind of capacity and scale goals that we put in place. we're going to continue to invest, frankly much of it at risk before we know whether or not this is actually going to work in exactly the way we're hoping to make sure that ultimately we've got enough vaccine available to get to as many patients as possible. >> shares of johnson & johnson ending the session just up under 1%. with interest rates very low, mortgage refinancing, this was encouraging, jumped 23% in the weekending in october 17th. so is now the time to refinance and should homeowners do it before the fed ends qe next week? david: joining us now, mortgage expert, mbs highway founder barry habib, a good friend of the program. barry, jamie dimon, one of the smartest bankers in the world clearly, says that mortgage credit is tighter now than ever. so if mortgage credit is tighter than ever, how is it that the

refi's are going up and the mortgages are going up? >> a couple of things. one is applications. david: do you agree with jamie dimon by the way? >> i agree it is definitely too tight. there are reasons for this, because first of all, you have fannie and freddie at certain levels but then lenders are afraid that they're going to have to buy back loans. so they impose something called overlays. which means they actually self-inflict tighter underwriting standard because they're fearful that they might have to buy back a loan. mel watt at the mba conference said over next couple weeks there would be some clarity as to what's going to constitute that obligation to buy back a loan on the reps and warranties. this could really help things out. it could loosen it up. what you really need, you need the first-time home buyer. we're talking about reducing down payment from 5% to 3% on fannie mae and freddie mac loans. again we still have dodd-frank to deal with. that says if a borrower puts 20%

down the lender has to put skin in the game. they put up all the roadblocks for people to obtain mortgages especially at the entry level. liz: talk about mortgage rates right now. everybody plays the game, i want to catch the bottom. do you think they go lower? where are we right now for jumbo loans? what are the best possible rates to be able to get? >> you're around 4% a little beneath on 4% on fixed rates. liz: that is amazing historically. >> great time to do it. we said we anticipated this might happen. remember with qe ending stocks tend to act adversely interest rates improve. this is great opportunity for people to take action. , if you took out a mortgage 15 months ago you're at significantly higher rate, a half or 3/4. why not reduce a to a lower rate. david: you predicted pull back came in october. you're right on all counts. let me talk about dodd-frank.

it seems to be so screwy. on one hand the government says we want to make it easier for subprimers to get into the market which caused problems in 2008. on the other hand you have guy like ben bernanke who is not able to refinance because the lending or refinancing standard are so tight on the high-end of the market. seems like they're tightening on high-end, loosening on the low end which is exactly opposite of what you should be doing. >> the bernanke example is very interesting because they took away those no income verification loans because they got out of hand. no income loans would be perfect for him. he is in a commission kind of industry where he is getting a lot of money per speech but doesn't have the basalry anymore. a lot of people fall into that. investors, a smaller portion of what is going on. by the way when we see people talk about new home sales and existing home sales being at slower pace, a lot of an inventor we want to get rid of we have. they're representing smaller and smaller portion. sales being made are good sales being made.

liz: sound encouraging. great to see you. david: barry hab beeb, mbs highway founder. >> it's a good time. you should refinance right now. david: listen to barry. he knows what he is talking about. liz: he sure does. are you looking to put away tax-free money for your child's tuition but don't know where to start? that is what we'll tell you the top college savings plan, top 529 ranked by "morningstar." david: back to canada. how will the u.s. respond to shootings in canada? will we raise our own terror threat level? answers are coming up. (receptionist) gunderman group. gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. i just talked to ups. they got expert advise, special discounts, new technologies. like smart pick ups. they'll only show up when you print a label and it's automatic. we save time and money.

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liz: break being news. more on coverage of deadly situation in ottawa. david: peter barnes is live in d.c. and ashley webster on the story. start with ashley, with the latest. ashley. >> david we actually have a name now of the gunman fatally shot inside the canadian parliament building this morning. he is identified as 32-year-old michael safabo. believed to be canadian born. sharing the name with u.s. authorities putting that name into their databases and watch lists to see if he comes up were a flag.

he is fatally accused of shooting a soldier standing guard at a war memorial across from the main parliament building, going into the parliament building where he was fatally shot. we have reports shots heard at nearby shopping center were proven to be false but parts of the city center are still in lockdown. the perhaps the biggest issue it is still unclear if other suspects are at large. also very quickly, guys, i wanted to mention the situation that happened on monday where two canadian soldiers were run over, one fatally by a suspect who himself was then killed. turns out this particular individual involved in that situation was known to anti-terrorism units and had been briefly stopped at an airport in canada last year as he was trying to fly to turkey. eventually they had to release him because they didn't have enough ground to charge him. there was not enough evidence. he was known to authorities. will be interesting to see

whether this individual has shown up on any watch lists here in canada and across the world. back to you. david: thank you very interesting stuff. ashley webster. thank you. liz: now to peter barnes. he is looking how the u.s. is responding. we heard about the fbi. what else, peteer? >> liz and david, the president made remarks about shooting in canada. i believe you played them out live a few minutes ago. he called the shootings tragic but he was not ready to call them an act of terrorism just yet. he said quote, we don't yet know, we don't have all the information about what motivated the shooting. we don't have all the information whether this was part of a broader network or a plan or this was individual or series of individuals who decided to take these actions. he was asked specifically, is this a threat to u.s. national security? and again he said, we don't have enough information. and, as for preparation and threat levels, we know there have been some, at least some

small moves at, for example, arlington national cemetery, the tomb of the unknown soldiers, our own war memorial. security there was beefed up. an official at department of homeland security did not talk specifically about raising the general threat level in the u.s. here but he did say, quote, our security posture which always includes number of measures seen and unseen will adapt appropriately to protect the american people. david and liz. liz: peter barnes, thank you very much, live from the white house. we all know how expensive sending your kids to college is. tuitions have skyrocketed. up next we'll give you the best 529 college savings plans for your money. it will help make your children's education more affordable. david: will all this volatility on wall street continue into tomorrow? we're going to he will tu the key things to watch. tomorrow's trades today, next.

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david: "morningstar" just released its list of best 529 college savings plans for 2014. the top plans were considered most appealing to college savers with reasonable fees, strong investment options and capable oversight. 29 plans earning medals from the analysts. top four plan, maryland college investment plan, t. rowe price college savings plan in alaska, vanguard 529 college plan in nevada and the utah educational savings plan. there were three plans that were given negative ratings. the firm said a negative rating was indication of plans have one more significant flaws and likely to them back over long term. negative rated plans. college access 529 in south dakota. ivy fund invested plan in arizona. and schwab 529 plan in kansas. for the full list of rankings, visit the facebook page, facebook.com/afterthebell. >> i'm going there after the

show i'm going to look at that, definitely. the number three thing to watch tomorrow, initial jobless claims. economists expect claims to rise by 1,000 to 282,000. david: number two thing to watch tomorrow will be results from the two tech giants "after the bell." liz talked about that that. analysts expect microsoft of revenue of 22 billion. amazon as usual will pose a loss per share of 74 cents. revenue of 20.8 billion. we'll bring you numbers as soon as they break right here on "after the bell." liz: number one thing to watch tomorrow will be the situation and developments in canada. news of a shooter after 10 a.m. eastern in ottawa, spooked the markets with the major indices closing near session lows. the president commented. everyone waiting to hear more details but shooter has been identified as a 32-year-old canadian. david: he has indeed. tonight 8:00 p.m. eastern time, do not miss a fox business special report hosted by our

good friend neil cavuto. he will bring you latest developments on the deadly shooting in at washings the aftermath there and how it might affect all our lives and our market right here. liz: thank you so much for joining us and sticking with us. "the willis report" is next. gerri: breaking news tonight. a manhunt underway in canada as we speak after series of shootings in the country capital of ottawa. two people confirmed dead. one a canadian soldier. the other who shot him. the shooting started at national war memorial just before 10:00 a.m. this morning where the soldier who was on duty was shot dead. shots rang out at the parliament building where as many as 30 shots were reportedly fired. here is what the seen was like. [shouting]