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tv   After the Bell  FOX Business  April 24, 2018 4:00pm-5:00pm EDT

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short-sighted right now and trade and sell and buy and sell, think about three to five years out. we think the market will hit higher because of good economic growth and vitality. that's my -- >> chad, we gotta run. chad and george, our thanks to you and all of our traders with a 750-point swing. that will do it for the claman "countdown." dow loses 442. melissa: wall street rocks, the dow ending down 426 points, well off session lows. had been down 620 points. the nasdaq and the s&p 500 tumbling as well, now negative territory for the month. i'm melissa francis. david: as you heard, this might be a buying opportunity. i'm david asman. good to see you. this is "after the bell." not all of the dow 30 stocks ending in the red. a couple of greens, verizon, general electric closing up more than a percent. here to take us through today's big movers, there are a lot of them to talk about. phil flynn from the cme in
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chicago and nicole petallides on the floor of the new york stock exchange. nicole, it all started to fall down at about 11:45. what happened? reporter: yeah, that was one certain just another piece of news we heard from president trump that secretary steven mnuchin would be heading to china to discuss trade. that's something that spooks investors generally. obviously that is something that moved the markets over the last month or so. every time we started to get worried about trade wars, when you know it's a negotiating tactic, but that was something so that may have spooked the market on top of all the other news we've gotten. here's a look at dow, the nasdaq, the s&p. the dow dropped 423 points, off the earlier lows of 620. but caterpillar, a big loser on the dow jones industrial average, when you have the company, it came out with numbers for the quarter that were beat but on the conference call giving a cautionary tone saying that it was the
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high-water mark of the year in talking about rising steel prices and costs they're going to face. that was down 6%. 3m, down 6.8%. cut the guidance, travelers 3%, boeing 3%. when you put boeing and 3m and caterpillar together, that was 275 negative dow points at the lowest part of the day. did i not mention the 10-year yield, that huge. when the 10-year yield hits 3%, that weighs also. that starts to spook everybody as well. when that hit 3%, that was a big factor. we haven't seen that since 2014. i saw the tech titans slash. google came out with quarterly numbers after the bell. it was a beat but the costs are on the rise. alphabet is the proper name down 4.8%. facebook and google both negative for 2018. amazon, netflix, microsoft on the move and we'll watch for more earnings tomorrow.
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melissa: that's going to be big, the earnings tomorrow. thank you. phil, talk to me about oil and gold today. >> man, we had an incredible day today. at one point, melissa, crude oil futures above $69. the highest price in 3 1/2 years and changed later in the day. part of this is a sell-off in the stock market and the concerns by companies, the concerns about rising commodity prices but a lot had to do with president trump and president emmanuel macron's statements about the potential iranian deal. you know, president trump was very swift and hard against iran that they better not restart their nuclear program or there will be consequences, but then at the same time, he seemed to suggest we haven't made a final decision. president emmanuel macron said wait a second, there might be a plan b. gold '40s are nervous, they're seeing the stock market fall. it's risk on after a badly it days for gold is coming back. back to you. melissa: interesting stuff,
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phil, thank you. david: stocks plummeting as the 10-year treasury yield hit 3% for the first time in four years. gary kaltbaum from kaltbaum capital management, heather and james freeman from the "wall street journal," and he is also a fox news contributor. gary, to you first, because we knew interest rates were high right at beginning, before the market opened at 9:30 this morning. we knew this. so why did it wait until 11:45 before the bottom fell out from this market? >> i think once the earnings report companies started getting hit, it set on itself, and nicole petallides said something brilliant. she used the words high-water mark when it comes to some earnings here. i think that's what the market is flushing out here. that it got so good, it cannot get any better, and i think this is what you are seeing at this point in time. remember, markets look forward, not backwards and they're
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flushing out slower economy, lower earnings as we move forward and if interest rates go higher, nothing good happens, combined with the fact oil prices have gone up markedly in the last few weeks. david: heather, i don't know about a slow economy, people look at 3%. it ended at 3%, the 10-year yield. some people think that is a sign of growth. >> that is a sign of growth, i'd rather see interest rates go higher than lower on signs of weakening economy. so i think i'll point out the positives in the economy that earnings growth is over 18% year-over-year. 7% up in terms of revenue growth across the board. so yes, we may be slowing down but the future is still very optimistic, the markets are volatile, the technology sector is rolling over and there isn't leadership from any other sectors, so that's why it's worrisome in the short run. in the long run, i'm optimistic. david: i sound like fiddler on the roof, on one hand it's
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good. on the other hand -- [laughter] >> the federal reserve was hoping for higher inflation and you got to be careful what you hope for. sometimes it has a mind of its own. >> it's a concern. as far as the yield on the ten year, not incompatible with a good economy, good markets. as far as inflation, a lot of it driven by oil, betting that the characters in opec and russian partner are going to stop cheating on each other or not cheating on each other over the long term, that's a strange bet. i think you look at some of the reasons we're not producing more in the u.s., temporary bottlenecks in pipelines and so forth. i don't think that's a permanent condition and the frackers want to frack so it does put a ceiling on that oil price. david: gary, there's another problem with higher interest rates. that's obvious in home sales. seen the home stocks go way down since the beginning of the year. >> not just home stocks but
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anything home related at this point in time. as i said, nothing good goes when interest rates go higher. i have to make the point all the talk about interest rates are higher because of better economy. interest rates can go higher because of massive amounts of debt both here and around the globe. david: that's true. >> and when republicans had a chance to do something about it, they punted and raised spending 300 billion. i think that's part of the component here that we have trillion dollar deficits as far as the eyes can see. david: heather, to that point, when you have higher interest rates, you pay more for the money you borrow and the government is borrowing a lot of money? >> that's the fear and the caveat why the markets are selling off. the cost of borrowing, to finance debt for corporations as well as the government go up and that is a major problem especially when we're looking at trade tariffs with china. china being one of our biggest debtholders. we definitely don't want interest rates to go up at the cost of our debt. melissa: president trump
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revealing the treasury secretary steven mnuchin will travel to china to negotiate a trade deal. >> we're going to have a delegation at their request go to china. they came here recently, and we're going there, and that will be good. european union, by the way, we are going back to that. we're negotiating with the european union. they had their representatives come here, and i think we're negotiating very, very seriously. melissa: james, if you look at the timeline today, this is one of the announcements that made the market nervous. but that doesn't make a lot of sense to me. steven mnuchin is a very rational negotiator. he's somebody who doesn't like tariffs, who understands economics. the fact that you're sending him makes me feel like he's the good cop to trump's bad cop. >> i hope so, you can expect today, tonight, until he flies back to france, president macron is spending a lot of time saying let's focus on
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china and intellectual property cheating, let's not have broad trade fights with the world. general trend is that the president is going in, i look at that as a positive one. melissa: heather, what do you think of the mnuchin development? it should be positive for the markets and it wasn't. >> i do. i think i'm cautiously optimistic with steve mnuchin going to china. it is good cop/bad cop with trump leading the charge and the tariff talk. the main issue is theft of intellectual property, 16 cases filed with the wto under president obama before he left office against chinese unfair trading practices, so this is a bipartisan issue here. and it's going to be dealt with. melissa: and gary, that's good for companies, that's good for the economy. that's good for the stock market. and can you hear steve mnuchin sitting down and saying look, i know it doesn't make sense, he's going to do it, he's crazy. help me help you. help me help you. can't you hear it? >> i love that line.
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melissa: it is so much better than waking up in the morning and seeing a tweet about another $50 billion tariffs or 100 billion. this is the way it's supposed to be done, you get your best people in a room and negotiate it out and hopefully mnuchin is good at it and they do the right thing. no doubt there is inequalities throughout the year. anything they get towards us is a good thing, i'm not so sure it's the biggest of market movers right now. a lot of other things going on. certainly it's one heck of a positive if they can get things done. melissa: james, do you know how you say help me help you in mandarin? >> i haven't gotten to that part in the lesson yet. the idea this is a high-water mark, that's fine. ceos on conference calls have to make forward looking statements and be careful about them. none of the research says that the benefits in this tax cut are one quarter wonder. melissa: no, that's true. heather, your thoughts on that? >> i think the tax cut is going
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to still filter the gains into this market and the stock market will move higher. pretty much flat if not down since the tax cuts and jobs act was implemented in mid-december, so i think the markets can move higher on higher profits from these tax cuts that corporations are getting. melissa: gary, real quick before we go, your thought on that? >> the markets are ten times smarter than all of us put together. and if we continue to get reactions to earnings, it's speaking something. and we're very smart by the way. melissa: okay, all right, on that note. thank you. all three of you. >> over time, over time. our next guest would agree with that. markets selling off as we head deeper into earnings season with big tech names reporting. facebook and twitter, that's tomorrow. amazon and microsoft, that's thursday. let's go back to the stock exchange with teddy weisberg of seaport securities. teddy, when we get nervous, when everybody gets scared. we come to you, because you've seen it all.
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one thing you've seen is market psychology. i want to put up the ticker for today. the dow jones ticker, the minute-by-minute, everything seemed to be going along okay at about flatline until about 11:45. what happened to the psychology of trades at that time? >> well, i don't know, if i had to describe today, i'd say stocks priced to perfection. on the upside, you know, the earnings starting last night with google and today. the earnings on balance were pretty good. yes, if you got into the weeds, you could find something obviously that you didn't like, and the stocks reflected that. but this is just a sign, david, where have you stocks that literally are priced to perfection. and the flipside of this, and this is the stock that we along with a lot of your viewers have suffered with for a long, long time is general electric, which was up today, reported earnings a couple of days ago, they weren't terrific but weren't terrible. all the bad news pretty much as
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far as we know sort of was priced into the stocks so there's the case where a stock has done better in a very difficult market environment because the news is priced in, priced to perfection, if you will, and the flipside are stocks like 3m and caterpillar that had decent earnings and google last night. david: focus on google for a second, teddy. google is an interesting example it. beat on one of the points, but it turned out that they're spending a lot of money trying place themselves in sights. in other words, they're spending money to make money and spending a lot more money than people thought they should be spending. there is a maturing process with the social media. they have more problems, more regulations, they're spending more money. it's not the place for a fast buck anymore, am i right or wrong on that? >> well, i don't know about that. david, you don't like to reduce things to sound bites. when it comes to earnings, there's a trifecta. the trifecta is topline growth,
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bottom line growth and good guidance. if you miss on any of the three, perhaps the guidance being the worst of the three, you get punished. when you have stocks more or less priced to perfection. this fang group has been leading the market for years now. you know, there's not much room for anything that resembles imperfection. if you miss on the trifecta, you're going to suffer. i would think quite frankly and i don't have my crystal ball with me, i left it in the office, but you know, at the end of the day, the tech sector is where the earnings growth is. it's where the revenue growth is and quite frankly as an investor, that's where i want to be. david: teddy, also where problems are and as i was talking about the maturing of the market. hold on one second. you got a lot of questions about whether there's going to be if not censorship, some attempt to pull back on the freedom that you in the
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internet. that might slow up the workings of the internet. you also have questions about what's going to happen with amazon. you see the fight between the president and amazon, charges of monopoly practices, et cetera. there are problems here. >> no question, but it gets back to pricing to perfection. these stocks, you know, they have been market leaders for years, trees don't grow to the sky. everything you say is correct, david. all flags, everything you should pay attention to. if you bought facebook at 190 and here it is at 158, you have a problem. if you bought in the 20s, 30s, 40s and 50s a couple of years ago, you've given a little money back but the premises valid. i don't want to pick on facebook, that's a stock we own. the flipside is looking at a dog like ge, it has been terrible. you know, perhaps that's where you want to be. you want to own stocks where the bad news is priced in, and
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stocks that react negatively to good news in a short sense simply have no room, and they suffer from that. david: priced into ge, no doubt about that. there's a question whether it will go down to zero. >> well, you know. david: the sell-off is at least going to get you to where it is now. quickly, only ten seconds. go ahead, teddy. >> say again. >> go ahead, you got ten seconds to wrap. >> to wrap. i would say listen, stocks aren't going to zero and not going to the sky. there is no end zone in this game. we just trade for a lower price. david: by the way, i had people express, i watched it go all the way down to zero. stocks can go zero probably won't happen with ge. teddy, wonder to see you. melissa: a meeting of the minds, president trump hosting french president of emmanuel
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macron to talk about the iran nuclear deal and north korea among other things. blake burman is live at the white house with the latest, blake? reporter: there were warnings for president trump and iranian leaders today as it relates to the fate of the iran nuclear deal. president trump has a little bit more than two weeks up to march -- may 12 to decide whether or not the u.s. will stay in or exit the iran nuclear deal. iran's president today saying that there would be grave consequences, should the president decide to leave? president trump said if iran were to restart the nuclear program, they would have bigger problems than they've had before and he took it a step further than that as well. listen. >> should have never been made, and we're going to see what happens on the 12th. but i will say if iran threatens us in anyway, they will pay a price like few countries have ever paid. reporter: the president's tough stance game as emmanuel macron
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visits the white house for a state invest. president was asked to clarify comments he made earlier in the day which he described kim jong-un in the north korea discussions as honorable. >> i hope to that we will be able to deal in a very open and honorable fashion with north korea. i started a process, when i, did everybody thought i was doing it absolutely wrong. for 25 years, people have been dealing and nothing happened and a lot's happening right now. i can tell you that. reporter: host of international issues, the president's choice to lead the veterans affairs department dr. ronny jackson is facing resistance to nomination after allegations of misconduct on the job. president said that jackson's future is for jackson himself to decide. melissa? melissa: lot swirls around there. blake, thank you. here is dan henigger "wall street journal" deputy page editor and fox news contributor. let's start with
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macron and everything that happened there today. what progress did you seeing made, if anything? . >> melissa, i did not see a lot of progress going on. you used the phrase and everything else going on. i've been sitting here listening to the commentary on the markets and looks to me that maybe the circuits are getting overloaded. just consider what is going on right now. you got emmanuel macron here in washington talking to the president about the iranian nuclear deal, whether that should be continued or withdraw. simultaneously. there is the issue of trade with europeans and steel and aluminum tariffs where they are exempted. steve mnuchin is going to china to talk to them about trade. if we're going to do anything with china on trade, we need the european allies, arguing with their own trade agreements. president suggested earlier, the white house did, he might pull out of nafta.
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finally the negotiations with north korea. melissa, the president has five big things up in the air, all of which are undetermined. we don't know how they're going to turn out. that say lot for the system to absorb at one time, but that's what it's asked to do. melissa: i like your thesis. you are saying you put all those things together and gives you the insecurity in the market and that totally makes sense. at the same time, this is the washington that has done nothing forever. it is exactly the opposite of everything we've seen in the past. sort of nothing gets done, there is the wringing of the hands as iran charges full speed ahead with their nuclear program and pretends they're not doing, that sign the treaty and pretend everything is fine. they say that china is cheating on the intellectual property and do nothing about that. north korea moves ahead with its missile program and its nuclear program. no one does anything about that. while there's a lot of
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uncertainty, there is the potential to fix at least some of the problems that we have in front of us. >> well, that's right, melissa. i would say in response to all that, if you were trying to find an explanation or rationalization for president trump's method. that would be it. he's threatening iran with retaliation if they try anything, the same thing against north korea. what he is attempting to do here is force the system to react because normally as you were describing, it simply does not, and i think donald trump's method is to just throw these things out, there make them respond, try to respond to deadlines. deadline on north korea and nafta, and he's concluded the system will never react, never respond unless he does these sort of things. i think he would say something like this going on in the market is the price we have to pay for make anything progress
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on the difficult political issues. melissa: which could make sense, the market is only down today, if you cash out today, you know? you have to actualize your losses in order to be real on this day. it can go up and down, and all the problems we described are predicated on the u.s. doing nothing. that's what all the actors and all the things whether it's chinese stealing intellectual property, north korea or iran being aggressive with nuclear programs. all of these is based on the u.s. is pushed around on these fronts and not done anything about it. it's too scary. he's the bull in the china shop that's saying i'm crazy enough to do something about it. >> whether it's the diplomatic process or the trade negotiations, there is always a way to find an excuse to kick the can down the road, but in all of these areas, there is a moment when they have to be dealt with.
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to my mind, melissa, the big question is how do we prioritize them. i think at the top of the list is the north korean negotiation. that is the one that counts the most because of the imminent threat from them, and the white house at some point is going to have to decide whether something like iran has to go on i wouldn't say the back burner but the middle burner while dealing with north korea. melissa: might be on the middle burner. any time we're talking about china, whether it's trade, tariff, intellectual property, that we're also talking to them about north korea. show you what kind of pressure we can put on. i think those things are inextricably linked. do you agree or no? >> i completely agree with that. that's what's going to make secretary mnuchin's conversation difficult because china is holding that card. without china, no deal on north korea, that is the thing we're trying to get done right now and the same thing is true with emmanuel macron. we need help with them on
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chinsa and i'm sure president macron is making that argument to president trump this evening. melissa: dan heninger, thank you for coming on, we appreciate it. >> good to be with both of you. david: we're getting stuff done, finally things are moving, whether it's with regard to north korea or iran, no more of the status quo that is unacceptable. meanwhile, president trump is fighting to fill his cabinet. he's pushing to confirm two prominent roles in the cabinet but how long will it take? melissa: will north korea cave in and actually get rid of nuclear program? president trump is responding. we'll tell you what he's saying after the break. >> kim jong-un was -- he really has been very open, and i think very honorable from everything we're seeing.
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melissa: controversy surrounding confirmations. another president trump nominee dr. ronny jackson facing scrutiny as the commander in chief's pick to head the va as all signs point to cia director mike pompeo ultimately securing his post as the new secretary of state. here now from washington is edward lawrence, edward? reporter: melissa, good afternoon, let's talk about the va secretary position. that position is up in the air at the moment as the senate veterans affairs committee has postponed the hearing for admiral ronny jackson for that post because of background issues what they're calling it. we caught up with ronny jackson in the halls of the senate today. >> i can answer the question, i'm looking forward to rescheduling the hearing and answering everyone's question. reporter: he will not withdraw his name for consideration of this post. now senate republicans would like to hear a little bit more information about what this background hiccup is. the president saying he'll
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leave it all up to jackson. >> i would definitely stand behind him. he's a fine man. i'll always stand behind him. i'll let it be his choice. but he's a man who has just been an extraordinary person. his family extraordinary success. great doctor, great everything, and he has to listen to the abuse? i wouldn't, if i were him. reporter: president trump having a different issue with his secretary of state pick, and that's a challenge of facing time. the white house would like mike pompeo to be cleared through the senate by friday. so he can attend a nato meeting, the annual meeting in brussels. as it looks now senate majority leader mitch mcconnell says he will have the debate ended and likely vote on thursday and likely no democrats will vote for him. >> i'm going to oppose the nomination of secretary pompeo, i haven't said anything until today. reporter: and democrats have
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tried to hold up the nominees, specifically mike pompeo to drag out the process. appears thursday is the day for him to get confirmed. melissa: the swamp in full effect. edward, thank you. david: indeed. president trump was asked today what he means when he says north korea has to denuclearize? here's his response. >> it means they get rid of their nukes, very simple. get rid of the nukes, nobody else would say it. be simple to make a deal and claim victory. i want them to get rid of their nukes. david: can president trump pull off what nobody else? could here is harry kazianis. can he do it? >> i think he can. the president needs to be leery about north korean trojan horse or a huge trap. north koreans have a playbook. well worn, utilized throughout history and when they do is simple, they offer a lot of concessions, they offer a lot
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of potential incentives. they drag us into negotiations for months and years, they pocket all the concessions they can. quick example. north koreans demanded $10 billion to have a summit with the south koreans, we know this playbook. i think the president does have incentives and things he can do to get a deal. going to be tough. david: you are right, they have pulled off the maneuvers in the past. weak administrations, whether republican or democrats, they gave far too much to the north. i'm thinking that finally we have a president who is not overblowing. yes, they have nuclear weapons, they're a threat not only to south korean neighbors but also to the rest of the world, but at the same time, this guy's a punk dictator. if you are tough with him and find a way of getting the chinese to work in your favor against them, not like pulling down the soviet union, right? >> right. here's what you need do, david. this is what i beg the president to do. he needs to go to kim jong-un and say look, i am not going to sit down in a room with you and
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have a summit with you unless you put on the table very concrete preconditions of how you're going to denuclearize. you need to put a time table, whether it's months, whether it's a year, 18 months of what the steps are going to look like. if the north koreans will not put that timetable on the table, president trump needs to walk away. but then you will know it's a trap. david: it's not just president trump, he's got mike pompeo with him, john bolton, general mattis. this is the strongest defense team i've seen since perhaps the reagan era and with a team like that backing him, they have a lot to handle, these north koreans? >> they do. the president has with him an a-team. people have little different perspectives. mike pompeo who believes kim jong-un is rash. he said that a couple of times. john bolton, i don't think is going to allow the president to walk into any trap. david: no. >> and lay out a strong message to the north koreans, they have to lay out a blueprint how
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they're going to denuclearize. if they want to leave it to a summit and the leaders to work it out, you know it's a trap and have to walk away. david: harry, you wrote a piece, getting back to mike pompeo, he could be the best secretary of state we've had in a long time. no matter what the democrats say, why were the dems willing to go to the mat and lose in their fight to keep them out of that position. >> simple, because they want to politically wound the president. david: they end up wounding themselves. they failed, they failed to do it. >> it backfired, i'm glad it backfired. we are in such tough negotiations with the north koreans, if mike pompeo's nomination had been torpedoed. i bet kim jong-un would have walked away. they could have put somebody else in there who is well qualified. david: what you are sath democrats care more about a political win against mike pompeo than they do against denuclearizing north korea?
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>> very hard thing for me to say, absolutely, i think that's 100% correct. david: harry kazianis, thank you for being here, melissa? melissa: the dow closing down 424 points. that is lower for the fifth day in a row and the longest losing streak in 15 months. the biggest drag on the dow, 3m, responsible for shaving 101 points off the finish with boeing and caterpillar cutting 60 point each, yikes. david: not backing down, homeland security blocking caravan of illegal immigrants expected at the southern border. so what happens once the caravan actually gets here? we're talking to paul babeu coming up. melissa: the deadly van attack in toronto. what we now know about the suspect? that's next. >> our deepest sympathies to the canadian people following the horrendous tragedy in toronto that claimed so many
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after his wife, former first lady barbara bush was laid to rest. jonathan hunt is outside the hospital where the former president is recovering. jonathan, what do we know right now? reporter: well, melissa, the former president spokesman jim mcgrath offered no new details on president george h.w. bush's condition this afternoon, but he did say he would, quote, happily reaffirm what he previously said, that the former president is, quote, responding and recovering. it is, of course more than 48 hours now since the former president was brought here to methodist hospital, just hours after attending the funeral of his wife of 73 years, barbara bush. that obviously would have been an emotional and physically draining experience. the president was, of course, supported at the funeral by former presidents clinton, obama and president
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george w. bush. president trump did not attend but today he sent his best wishes from the white house. listen here. >> this morning, we all send our prayers to the bush family as we wish former president george h.w. bush, a very speedy recovery. reporter: now president bush has an infection that has spread to his blood. sepsis, in other words, that is obviously a very serious condition in a 93-year-old man who has suffered a series of health problems over the last few years. but his spokesman jim mcgrath struck an optimistic note in one of his statements saying, quote, the 41st president wants to go to maine this summer, the most goal oriented person on the planet and i would not bet against him, and todaysa the grave site of his wife barbara bush opens officially to the public, i think it's safe to say we all hope that president
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george h.w. bush will make that summer trip to maine. melissa? melissa: the flowers were beautiful. jonathan hunt, thank you. david: i still remember his parachuting trip. remember that, his 75th birthday. melissa: i think he did it more than once. david: he doesn't quit. bizarre details of the man behind the wheel of the van that struck and killed at least 10 people in toronto. local police wrapping up a news conference. we'll bring you the latest, next.
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today, we're out here with some surprising facts about type 2 diabetes. so you have type 2 diabetes, right? yeah. yes i do. okay so you diet, you exercise, you manage your a1c? that's the plan. what about your heart? what do you mean my heart? the truth is, type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. but wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2 diabetes pill
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with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease alower your a1c. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. so-you still just thinking about your a1c? well no, i'm also thinking about my heart. now it's your turn to ask the serious questions. ask your doctor about jardiance. and get to the heart of what matters.
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dray, when he was younger, he loved to smile; and we knew he would need braces because his teeth were coming in funny. this is the picture that was on the front page of the newspaper. all you can notice is the braces! then, once he got to michigan state, he broke the retainer! my bottom teeth, they were really crooked, and i just wasn't getting braces again. then i discovered smiledirectclub. it's easy to just grab it and go and i can change it on the road. i did photoshoots with my aligners in and you can't see them. a smile is a first impression, that's why i think having a great smile is so important. . melissa: tragedy in toronto. the driver in the deadly van attack charged with 10 counts of first-degree murder and 13 counts of attempted murder today. to rick leventhal live in toronto with the latest. reporter: melissa, the mayor and police commissioner holding a news conference this afternoon. they called this a complex and very challenging investigation, said they still haven't identified all the victims, that could take several days.
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they did confirm most of them were women, and they also wouldn't discuss the suspect's bizarre possible motive but did discuss he posted on facebook just before yesterday's attack, and that confirms information we got from a law enforcement source who says that after the suspect was taken into custody, they scrubbed his social media and found disturbing references to a california mass killer named elliot rodger, who shot, stabbed and ran over 20 people near the university of california santa barbara back in 2014, killing 6 before taking his own life. rodger in california left behind a manifesto expressing anger at women for rejecting him. melissa: all right, that was rick lef thought. obviously, having technical problems. >> we have other stuff to report on. the father of the man accused of killing four people at a
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nashville waffle house may face criminal charges himself. jeffrey reinking admitted to authorities he gave four guns back to his son including the ar-15 rifle used to carry out the attack after they were seized by authorities last year. so the father could be in trouble. melissa: wow. a caravan marches on. the new warning from the department of homeland security to hundreds of migrants making their way to the u.s.-mexico border next. former sheriff paul babeu sounds off. we just got married.
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we're all under one roof now. congratulations. thank you. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice?
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yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management.
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. david: a caravan of 600 or more south american migrants heading towards the u.s.-mexico border. secretary of homeland security
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kirstjen nielsen giving this warning -- so what needs to be done once the caravan reaches the border? joining me to discuss is sheriff paul babeu, former pinal county sheriff, i'm going to still call him sheriff. 50 people at the border, doesn't sound like a lot, if they were allowed in and called refugees in contradiction to the existing status what a refugee is according to statutes in the united states, wouldn't thereby a flood of refugee or so-called refugees coming in? >> sends a message to everyone watching, people are watching carefully not just in honduras but guatemala and el salvador,
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everyone can make the case legitimately if these 50 or 100 or 600 are accepted. in sounds like a small number. we're going to see hundreds and hundreds of thousand. david: case in point, we have laws concerning refugee status. >> correct. david: and these people don't qualify. number one eligibility for being a refugee is that you're located outside the united states. these folks have come here, they haven't applied for the position of political refugees, they've come here so they're violating the first statute as what qualifies as a refugee? >> not just that, traveling through a couple countries. one, the biggest being mexico, so mexico first was allowing them to parade through mexico until trump properly put pressure on them, called them out. mexico stopped them and offered them asylum, refugee status, many accepted it. these people coached by human rights attorneys, that have been sent to mexico to do this,
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they're continuing to march on. they have that opportunity, they refused it. these should be treated appropriately as illegals try to enter the u.s. >> you mentioned the groups that are supporting them, again, there are reasons to support refugees in this world. lord knows the tragedy that's happened generation after generation, but turning away people at our border who don't qualify as refugees is now being called illegal. that is, turning away people who come here illegally is being called illegal. >> it's not illegal. look at mexico, mexico with the cartel violence, 140, 150,000 people have been killed in the last decade. all of these mexicans in the certain parts of the country with make the case of gang violence, cartel violence and drug activity and murder to make this application. and we have a sovereign right to secure our border, and the flip of this is how ironic, we're the most generous,
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welcoming nation in the world with a million legal immigrants each and every year, far outpacing any other nation. david: i want to put out the word coming from one of the groups, a woman called alex mensing, she said there have already been cases of people being illegally turned away by border officials when trying to request asylum at the border. so again, they're talking about the ilillegality. if you can put that up again, i want to focus on the name. organization, if you don't speak spanish, it means people without borders. that is to say, they're totally open. they don't want any borders. that's what this is all about. >> they are the open border folks, and funded by extreme liberal left groups here in the united states, and they're sending attorneys down to coach these individuals to exploit our legal system. and this is what it should not be, and we already accept so
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many. enough is enough. there's a limit to our generosity and kindness here in the united states, and we should put americans and our families and those poor individuals in our country. what about our military veterans who have all kinds of issues dealing with addiction and pts and homelessness, we should prioritize our own citizens first. david: as a former sheriff who worked on the border, what happened? take these folks at their word, no borders. people without borders. if there were no borders between mexico and the united states, what would happen? >> there's absolute lawlessness, and that we cannot have. rule of law must stand, any sovereign nation must be able to secure and protect its own borders. david: sheriff paul babeu, i wish you would run for sheriff again, by the way. you've been out of office for too long. you can do that, right? . >> of course, you bet. david: we'll see. >> thank you. melissa: a night remember to, the white house preparing for the president's first state dinner. david has special insights on this, coming up.
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i love that hat.
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melissa: tonight we have president trump's first state dip dinner, guests arriving honors french president emmanuel macron. david: that hat we love that hat. melissa: i love the jacket too. i think it is fabulous, twitter of the alivis. david: jealous. melissa: true. tonight a activities been managed almost exclusively by melania trump. david: i have to tell you in 1991, i went through an experience. that is president of argentina to the left. >> look at that. david: and great president george h.w. bush his days of
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president in 1991. i did a series of articles in "wall street journal" on argentina. i was invited. i was kind of high-handed, i was a young punch journalist. i thought odinner at white house. it is okay, the guy said, you can afford to be blase about some things but not a white house dinner. you get all this stuff, thankfully my wife had the good sense to send it. this is the invitation. and entry passes and name tags. melissa: what was for dinner? what was for dinner? david: smokes salmon mousse. duck orange. and acorn ice cream. it is a great event. everyone should have one chance to eat at the white house for dinner. melissa: i'm sure everyone will have a chance. have you a passing to get in the
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side door there. david: there is no date on this, maybe you can see this, this is a past to eastern transof the white house. melissa: we love it, let's get on the train. that does it for us, good stuff, "risk & reward" starts right n now. liz: dow tanks over 620. at intraday low, it settled down 424 at finish. we disappointing forecasts from central giant, and 10-year treasury yele topping 3%, but not armageddon, coming up, common sensoriality check that you will need to make money. not the end of the world, we'll show you the stocks being taken to the wood shed. >> we have a boat load of debt going up. common sense advice for you on that. >> and deal maker in chief, president trump met with president of

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