tv FBN AM FOX Business June 8, 2017 5:00am-6:01am EDT
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>> i any there are a number of pieces that need further investigation. lou: we are going to investigate that further tomorrow and we'll be talking with you sososososo cheryl: breaking news this morning. hours away from fired fbi dirt james comey getting grilled. what questions need to be answered today and what you can expect. donald trump focusing on infrastructure with the white house. good morning, everybody. i'm cheryl casone. lauren: high commissioner of. good morning, everybody. i'm lauren simonetti. if it to report theresa may is no longer after the terror attacks that will have the latest reaction analysis. true to all of this by market participants close.
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yesterday the dow rose 37 points after two daysf losses looking to see the comey testimony will affect the trump economic agenda. futures pointing higher. dow, nasdaq off slightly in the dream. lauren: the british vote, even after a new north korean missile test in the suspension of south korea's u.s. antimissile defense system. indicate that a 31%. shanghai composite of a third of a percent. trade to britain's tax opening slightly higher. as well as the ecb meeting today as well. all european markets are slightly in the previous morning. lauren: we are watching oil prices for you. they sank 5% yesterday on the increase in oil supply in the u.s. up 39 cents. traded to the golden state
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warriors is one win away from perfection. we will have the highlights for you. lauren: 5:01 a.m. in new york. welcome to "fbn:am," your first look at morning markets and breaking news. a lot of it. cheryl: have a lot of breaking news. the big store in washington d.c. former fbi director james comey's opening statements really sad of his testimony before the senate intelligence committee. when he talks about his meeting with president trump on january 27, comey says he then said i need loyalty. i replied you always get honesty from me. he paused and said that's what i want, honest loyalty. talking about his conversation on february 14th. comey wrote in his nose, he then said i hope you can see your way clear to letting this go. he is a good guy. i hope you can let this go.
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i replied only that he is a good guy. meanwhile, the private attorney has decided to postpone the so-called war on komi because he feels vindicated after reviewing the chief soap in a statement. lauren: it may well come of national intelligence dan coates was asked whether the president asked him to downplay the russian investigation. here's what he said. >> a nighttime of surveys, which is interact in with the president of the united states or any of the administration, i have never been pressured. i have never felt pressure to intervene or interfere in any way with shaping intelligence in a political way. >> national security agency or mike rogers said he's never been
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directed to do anything illegal, immoral, unethical or inappropriate. cheryl: well, fox news exclusive robert mueller's role in today's testimony by james comey. >> said for joining us now good morning. comey and mueller were longtime colleagues at the justice department. the doj recently appointed to lead the russian investigation. senator lindsey graham weighed in on fox news story. here's what he said. >> in the minds of special counsel mueller, there is no obstruction of justice case to be made because louisiana casey wouldn't let comey common is chief and only witness god in the public and get beat up. i'm convinced mueller has looked at the facts, tell your side of the story but if you believe
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there is obstruction of justice case really begins the president, he wouldn't let it start only witness. >> a source told fox news that can be seen in the opening statement, the fbi director will not come to any legal conclusions about whether there is obstruction of justice on the president. since i let the facts surrounding his interaction with the president. comey did make a legal judgment on whether he thought hillary clinton should be charged during the 2016 presidential election campaign when he said she was extremely careless about her conduct did not rise to the level of criminal charges. lauren: is this type of coordination with a special counsel in the witness is that common? >> it is common that the investigators, the special counsel with those involved in the investigation. it does happen.
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cheryl: great reporting from u.s. allies gasparino. stay with fox business for live coverage of james comey testimony starting at 10:00 a.m. eastern time. get out the popcorn. lauren: china status attorney and legal analysts misty merry spirit is your popcorn ready? >> countdown to comey. lauren: based on the testimony release, do you believe that the left is trying to say that there is a case for obstruction of justice because it seems to me this is a lesson in semantics of interpretation. >> the obstruction of justice is a complete stretch. the president intended to interfere with this investigation. you're looking into making the statements. these statements are a far, far cry from showing intent to
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interfere. let's talk about the fact comey said three times that he told president trump that he was not the subject individually of an investigation. that just does not fit with the narrative this is obstruction of justice. the controversial part when you talk about the whole thing with loyalty and i expect loyalty. his own statement, he's confused about what that means. they have an investigation if you don't support me that i'm going to fire you. >> was obstruction of justice are being naïve when they were new to washington. from what you've now read his prepared remarks from a legal disk, do you think conversations with the president and mr. comey put pressure or was this more they trump just didn't know the
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rules of the road in washington and he was being naïve. >> exactly. perhaps their inappropriate because there is political situation between the fbi director and the president. that does not mean criminal. when i read this and think about the way drop my talk in the boardroom. what speaks volumes is comey had that feeling that this bordered on criminal conduct was required to report that and he did not report it. when i read this report he didn't believe obstruction of justice was an issue here. >> did you feel donald trump was vindicated? >> less is more. obviously donald trump likes to get on twitter. this is his own account. even from his own account, this
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testifies to the level of obstruction of justice. bush's leave it at that. cheryl: whited comey takes scrupulous notes with president trump but never with president obama. he's got to answer that as well. cheryl: he was known to take no-space he never took them with obama, what was the motive? cheryl: another big story. voters in the united kingdom heading to the polls to choose a new government. the first election since the u.k. voted to leave the european union. lauren: joining us from london, craig or lump in the senior market analyst. hi, craig. what is the early market response you were seen on election day? >> we don't see too much too far. if anything a little bit of caution. there's a long way to go in this election as they expected the possible outcome on what we've
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learned from brexit. the road salts can be catastrophic. cheryl: the town has been showing that and the impact of zero does go sideways for her. the lead by teresa ms. purdy and the main opposition is narrowing. who to market participants expect to win? the british people make a bet on safety. >> where the markets are perceiving it as the pulsar slightly extending her majority. that'll be just enough around the highest level we've seen for the past few months. >> the other big market movement is the ecb on race. what are you expecting better?
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>> the interesting thing also the gdp forecasts if they reduce their inflation knuckles the possibility going forward. cheryl: and the u.s. we're focused on former fbi dirt james comey in his testimony today. are you watching that at all? >> out of watching it closely but don't expect market impact based on what we saw the release from yesterday. cheryl: will have a political impact. that's for sure. craig, thank you very much. >> sure. cheryl: fox business will have coverage today. lou dobbs at 7:00 p.m. tonight and kudo coast-to-coast 9:00 p.m. eastern time. you could do in the house coveng everything. hours from now, fired fbi direct your james comey will be in the hot seat on capitol hill one day after officials say they were
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not pressured by the president to interfere in any investigation. >> i've never felt pressure to intervene or interfere in any way with shaping intelligence via >> resident trampled and infrastructure summit to push his $1 trillion rebuilding program. we'll tell you all about it when we come back. you are watching "fbn:am," your first look at morning market and man, so much breaking news. ♪ i am totally blind. i lost my sight in afghanistan. if you're totally blind, you may also be struggling with non-24. calling 844-844-2424. or visit my24info.com.
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delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. lauren: good morning. 5:15 a.m. in new york. former fbi director james comey makes them the most highly anticipated appearances in your son l. some five hours a he will testify at 10:00 a.m. eastern time and prepared statements saying he assured the president he was not personally under investigation just as trump has claimed. earlier today, north korea launched several project does believe to be short range cruise missiles from the east coast and responses out korean military has beefed a preparedness against the possibility of additional provocation. president john continued campaigning for his $1 trillion
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infrastructure plan. he will hold a summit with the mayors and governors to discuss the proposal in a speech in cincinnati repeated his call to privatize the air traffic control system and repair bridges, roads and waterways. the market cautious ahead of several market moving events today. we do have a higher open what looks like the market will open higher. 27 look and features. nasdaq up six. cheryl: will be watching that take photos course today. voters now heading to the polls to choose a new government. ryan gordon, chair and public understanding. good morning. polls have narrowed, but kind of l over the map. if you look at the conservative party, they are still in the lead. pulling up a victory today, but she might have overplayed her hand.
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how big of a risk do you think teresa made to to hold this thought and can she hold onto power? >> it was essential for a couple of reasons. first of all with a mandate from the electorate for that type of brexit she wanted to achieve, but also because she wanted to win it. the polls have narrowed they've heard it tries to fix than seven percentage point lead. they have more room to maneuver in parliament. >> a lot of criticism of the recent terror attacks. the labour party, are they better handling terror in your view? >> there's two different views. the labour party managed to make someone suggesting teresa mays when she was home secretary somehow responsible for
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terrorism. the labour party under the leadership of jeremy corbyn have caught some links with terrorist parties. jeremy corbyn once invited hamas and hezbollah to parliament. on the terror issue it is still teresa mays strong suit as opposed to something a positive for the labour party. gasparino glad you brought that up your jeremy corbyn has a record of voting against anti-terror legislation in effect three terror attacks in britain in the last several months. i think that's fascinating. with regard to brexit, how important you think it is and how they will handle brexit and who is better perceived to handle the exit plan for the british people? >> this is absolute is crucial. i voted for brexit and campaigned for brexit. teresa may set up with the negotiation and european union.
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she wants to be outside of that customs union said the tariff around the e.u. appears she wants control of our borders and the u.k. to make its own laws. jeremy corbyn's position on this says he wants to stay in a singlearket but also control gration. something the european union has dirty said is incompatible. so we are really unclear as to what jeremy corbyn would do. voters are really concerned about getting brexit. cheryl: no clarity. ryan henry thank you so much. lauren: a big night in nashville is keith urban wins big and carrie underwood makes history at the country music awards. ♪ lauren: in sports, golden state warriors are one win away from
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