this is a cover-up by debbie wasserman-schultz and democrats. lou: tonight's quote of the evening, we'll have it tomorrow night. tonight i join tucker carlson >> trump is trying to fix this broken system. i think the rest of the world agrees with them. >> reckon this morning. investors writing president trump will not jump into a trade war as they get set to meet with leaders from around the world. tracee: on turn tracee: optimism using trade tensions hit another record. cheryl: futures again with a strong pick up to your market. dell 42 in the premarket. s&p up one point i did not up 33

and three quarters. >> optimism lifting stocks also trading at the open has since been fixed. down by five come by five, caci by 24. japan's nikkei up nearly 1%, but shanghai slightly down trading session layer. tracee: in the first bill of its, why lawmakers pass a law on right killing apps. "fbn:am" starts right now. cheryl: 5:01 a.m. in new york had already thursday, june 7th good morning cheryl casone. tracee: good morning, cheryl. i am tracee carrasco and for

lauren simonetti. trained to we cannot forget what is happening with all the news breaking overnight. president trump is now set to meet with japanese prime minister shinto aim today. this is ahead of next week's historic summit with north korean leader kim jong un. aids is coming for the g-7 meeting in canada and that gets underway tomorrow. the leader of the world's third-largest economy said no countries benefit from trade protectionism. tracee: blake berman is at the white house with more. >> when president trump heads to canada for the g-7 meeting from a trade will loom large and be the focus of two bilateral meetings. the president is set to sit down with french president emanuel macron and justin trudeau. a phone call between the president and the french leader recently was tough. a separate court describes the

phone call between president trump and trudeau testy. the president's top economic adviser larry kudlow try to downplay any trade tensions. the meeting of the finance minister where some referred to as the cheesesteaks plus one as in the usb in the outlier. kudlow likens the current environment to one big family that is just having a moment. >> i regard this as much like a family quorum. president trump is very clear with respect to his trade reform efforts that we will do what is necessary to protect the united states and the businesses in workforce. >> kudlow says the u.s. and chinese do not have a deal on zte to both sides agree on. china as it stands at this

moment there is not a trade deal. but to you in new york. >> the president will hold a press conference this afternoon following their meeting. fox business will carry the five starting at 2:00 p.m. eastern. trying to the president's personal lawyer rudy giuliani saying that the white house force kim jong un back to the bargaining table by canceling the summit last month. >> kim jong un got on his hands and knees and beg for it. >> the president and the idea of golfing with the north korean president in singapore are going well. tracee: that's my question. all right. disclosing data sharing agreements with chinese firms for the house energy and commerce committee issuing a statement saying the company's partnership with chinese

technology companies another should have been disclosed before congress and the american people. this comes after facebook said the chinese firms including smartphone maker huawei were 60 companies that have access to user data. the contract with other chinese firms were standard industry is. huawei claims it did not collect or store facebook user data. shares are up about 9% so far this year. cheryl: e.u. preparing to fine google as much as $11 billion over the operating system. the e.u. accusing the company of legally forcing phone makers to use products like roman google search which would harm competition and get consumer. intricacies than 80% smartphones worldwide. the parent alphabetize denied

any wrongdoing. tracee: meanwhile, off of the shareholders at the annual meeting have rejected several proposals including one by employees that ties executive pay to diversity goals. one of the workers and the problem could help off of that competitive edge. listen. >> diversity and inclusion by individual contributors and managers alike including outreach and community building for the disorganized array of responses including formal reprimand. >> the diversity proposal is needed to fix a chilling effect that has impaired company culture. >> let's talk about twitter. during the other technologies and selling debt in the form of bonds. the company plans to sell $1 billion in bonds that convert to start cash or could be a combination of both. twitter taking that as its stock hit a three-year high ahead of

its move to join the s&p 500 today. s&p 500, twitter is there and of course this week. airlines are officially starting to raise ticket prices due to the spike in fuel costs. delta air lines has cut its expectations and could take anywhere from six months for a year. it is also set to raise ticket prices in the last year fuel costs have shot up 60%. tracee: american said that earlier this week. cheryl: let's go over to hawaii. the city council is passing a measure that would cap what looper and lyft can charge during peak demand.

this would provide search pricing is higher than the maximum set by the city and would be the first restriction in the united states. of course not happy about this. the city has not received a single consumer complaint about its pricing model. interesting term. tracee: it's no secret wal-mart is trying to cater to a more upscale market. launching a new section where customers will be able to buy 10 fine wines from california, france and italy. they will retail for $11 a bottle, and the grand scheme of things. the quality will be much higher by wal-mart sales. the move puts wal-mart in direct competition with rival costco which offers private line.

>> we've got a lot more coming up. as a trade war been a burden? president trump with the prime minister of japan as they get set to meet leaders from the group of seven. the g-7 and insubordinate and defined authorities that the new report that slams james comey's leadership at the fbi when he was there. we will talk about that. u.s. stock market futures for days in a row to receive a strong kickoff for your markets. a lot of optimism out there. the dow futures are up 49. s&p up one and three quarters. nasdaq up three quarters. you are watching "fbn:am." we will be right back. ♪ (vo) from day one, we always came through for our customers. it's how we earned your trust.

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cheryl: welcome back. let's get shoe caught up on what's happening. let's look at futures. 40 in a row. with summer sun. the dow is higher by 50 points. s&p up by two. nasdaq up by five. this of course after walk yesterday for the markets. yesterday we'll see if the party continues today. alice marie johnson is now a freed woman. president trump commuted her sentence after she put 21 years

behind bars for nonviolent drug and money-laundering charges. the grandmother ran into the arms of family and friends after kim kardashian and west lobbied last week to have her free. a new report slamming james comey's leadership at the fbi has been released. a draft of the looming inspector general click an e-mail report. we are getting snippets claims that comey went behind the doj's back when reopening the investigation in 2016. the report reportedly also calling out obama era attorney general about the lynch handling of the probe. talkshow host samantha being now apologizing on air for comments about the president daughter. >> i hate that this distracted from more important issues. i hate that i've done something to contribute to the nightmare of 24 hour news cycle that we are all white knuckling through.

i should've known that a potty mouth and so would be inherently more interesting to them than juvenile immigration policy. train to the full frontal host is still facing scrutiny ahead of the reporter cbs is having more oversight of her show and is renting more backlash than other potential than in. but that's happening now but she's still on the air. transfer the dow industrials surging more than 300 points yesterday on a trade war is g-7 leaders get ready to meet tomorrow in canada. the blue-chip jumping to their highest close in nearly three months. can it continue? certified financial planner and cofounder of capital management and investor advisory group. good morning, gentlemen. the risk of a trade war. has the market more confident

that there will be a resolution? >> the same kind of setup that trump does which causes a little bit of a practice right before he's about to do something and then he gets in there and settles things down. this doesn't surprise me just ahead of the summit that is ruffling everybody's others before you go in. get your reaction to that. >> i put it this way. tariffs are a wake-up call. i do want to rule anything in or out that he's making a statement the world trade system has got to be fixed. >> the u.s. is the freest and fairest reader in the world and our goods manufactured your character brought all across the world. so we need to be able to fight fire with fire to show these countries is not good policy.

the point of our tariffs when we open up other markets, not necessarily our allies or enemies. tracee: are these trade wars stifling gains in the market right now given corporate earnings. >> it has more to do with the fact that there are more people working than just about any other point in history in america. everything is moving forward in the economy and will have a lot to do with out. more than people looking for work. a lot doing on in terms of growth and that's the market they are in the opportunities there had. it's not terribly overpriced and looking forward. all of these had the best members who seen in over 10

years. it is another record-setting day for the nasa back. what do you think is behind the rally? >> they are the companies leading the world. what's interesting to look at is not only tech stocks. the argument against that is a few very large companies. if you look at the weekly weighted index, you are breaking out to all-time new highs. we are in a fantastic time to be an american citizen and investor in the market. we added 904,000 new full-time jobs. this is the most on record. part-time jobs workers and close to a million full-time workers came on. when you have deregulatory events in the history of the united state and we passed a tax

cut the last weeks or 2017 which is one of the largest fiscal stimulus as ever. check with the way, financials follow, but that the markets will hit all-time new highs sooner rather than later. tracee: before we go, what kind of reaction will receive for the market heading into the summer with north korea? really quickly wrap it up. >> tax cuts and deregulation are really what is behind this and that continues in all the other stuff is watching the little day-to-day. these are all little pieces onto a higher market. final thoughts. >> i'm very positive on this north korean developments. what's in their best interest? so hopefully donald trump is the lucky one. >> thank you both for joining us.

>> anytime. cheryl: coming up, it may be still technically spring out. the severe weather yesterday is pretty much looking like winter. north texas under assault from this. we will explain. more about weather on the way. fox meteorologist janice dean coming you're going to want to listen to that. u.s. stock market futures again with a strong kickoff on this thursday. investors not worried about g-7 north korea. the dow 53 on the free market. nasdaq up five and a quarter. we'll be right back. ♪ honey look, your old portable cd player. my high school rethainer. oh don't...

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cheryl: welcome back or look at futures. to move into a lot of the big technology names this week up in the nasdaq went to record closes to take a look at what the futures are looking at right now. the tower 58, s&p 500 up three, not echoed by seven. tracee: time is running out of the desperate search for survivors after the guatemala volcano eruption brain hardening the ashes and making it difficult for rescuers to dig through the rubble. 100 people are confirmed dead and 200 missing. brand-new video showing enormous ash cloud surrounding the course after the biggest eruption in four decades. tracee: hawaii county mayor cowing to help residents rebuild their destroyed homes. the kilauea volcano and was also among the 280 homes that have been devoured thus far.

he will work with fema to cut through the red tape. two entire seaside housing tract developments at the eastern tip of a wise big island have now been completely destroyed several miles to the west by the way. another 130 homes have been ruined in and around the leilani estates community. authorities are at this point evacuating residents to safety. the threat and hawaii knauss the looming large. >> absolutely devastating. large hail causing and the massive chunks of hail with the size of baseball measuring up to three inches in diameter. the shattered car windows and damaged roofs about 20,000 structures and 25,000 vehicles were damaged in the storm. >> hopefully you will see back here in the northeast. there could be since i'm

scamming. >> foxy neurologist janice dean here with your forecast. good morning. >> you can do a lot of damage. if you're an era you can see severe thunderstorms, note the possibility as well as damaging winds. isolated tornadoes resigned yesterday across the plains states, high plains so many reports of hail landed a couple tornadoes. same threat today as we had out of the rockies in towards the plains states. the highest risk for the northern plains of the hail and damaging winds may be an isolated tornado. the heat across the south remains on for most of these folks. 90 in atlanta community in kansas city. storms will fire across the northern plains as well as the midwest. we will stick around 70. the cold front will be south of us, so the rain in the forecast for the weekend might not get to us here in new york, but southwest d.c. or philadelphia.

forecasted to become a hurricane. good news out of the area. tomorrow, ladies, we start the belmont festivities, triple crown as states will justify doing. a little bit of rain in the forecast. i think we are not going to see the rain because the front will be south of us. it is if their brains, no big deal. i predict this will be a triple crown. he had won three years ago with american pharaoh. justified to do it on saturday. >> i predict janice dean on hand for all of this. great, great. you've got so much fun. tracee: was at a red riptide or a blue way than this makes

rather a battle and what does it mean for the november amid terms? our political panel weighs in at a big night for country music with the cmt award in nashville. all the night's big winners. you are watching transeven. of growth opportunities... with a level of protection in down markets. so you can be less concerned about your retirement savings. talk with your advisor about shield annuities from brighthouse financial- established by metlife. touch shows how we really feel. but does psoriasis ever get in the way? embrace the chance of 100% clear skin with taltz. up to 90% of those with moderate to severe psoriasis had a significant improvement of their psoriasis plaques.

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>> the dow surging more than 346 points on optimism over easing trade symptoms. the nasdaq hitting another record. train to the rally could continue today. stock market futures pointing upwards right now. we're actually building a little bit. notice the last few moments when a 62 in the premarket. the s&p is up through the nasdaq up 7.5. tracee: optimism lifting stocks at the open. stocks from trading at the opening has the cec up by 20 in the dax up by 34. train to take a delicate issue right now. japan's nikkei up nearly 1% down slightly to market in shanghai. >> major republican momentum building in deep blue california after tuesday's primary. our political panel will join us in a few moments. "fbn:am" continues right now.

5:31 a.m. in new york. good morning, everybody. i'm cheryl casone. tracee: good morning. friday eve. i'm tracee carrasco and for lauren simonetti. let's get right to the latest in washington but the fight over immigration. house republicans with an agreement hours after $50 million to combat gangs like ms came. daca deals are still calling it bad. >> good morning. it's a tough question to answer because immigration devices gop. the only thing we know for sure is there's no clear dealer how senators would be taking things behind closed doors between conservatives for citizenship for a daca recipient of the

chairman of the freedom caucus mark meadows had this to say. >> we had good discussions on how you take a daca population and make sure that they don't have to face deportation. ultimately how did they get a bridge into illegal immigration system? >> republicans work in the democrats appeared closer to reaching the magic number 218 needed for a so-called discharge position that would go around house leadership and force action on separate bills. speaker paul ryan appears optimistic. >> i feel good about the conversations we are having. they are sincere in understanding each other's news. a big swath of views within our conference on this issue and i do believe there's a sweet spot.

$50 million to fight and missed 13 games. the crackdown continues. the latest numbers for may showed nearly 52,000 arrests with the total number on the year to almost 215,000. the government, was asked about bringing up immigration this year now that they have an extra month. he says he didn't see it happening. cheryl: wow, you kind of me both chambers on board for that one. chris jenkins live in d.c. at a lan for control of the house are taking shape. democrats break and a sigh of relief after dodging a disaster in california. the gop is going confident everyone with a debatable topic. the london center for policy research and democratic strategist john summers. good morning, guys.

>> good morning. cheryl: if you look at nationwide, democrats will have a content on the ballot and 84 republican house districts considered competitive. the report, which is we should say a nonpartisan group. so, are republicans staying confident? or are they a little more nervous now on the gop side of what we've seen in california? >> as a californian i would tell them this is not a blue wave. it was a rip role. the seats being contested right now, seven congressional seat and every single one got a republican on the ballot that is phenomenal. it goes to show the voters in california are tired of the high taxes are tired of the high regulation in immigration and they are going with the president message of the america first lady can only be done president trump so long before voters recognize they just came

out of the best jobs report in 18 years. optimism is what they want to know when to that to california. >> that's at the issues are going to be here. we're talking about tax reform, immigration, jobs, the economy. i want to stay there for a second. i want to redo a president trump treated. his voice was certainly be loud and clear in the midterms. he said many more republican voter showed up yesterday and do will be a true fact. then he goes on to say that political pun don't get what's going on out there where they duke it dems are high tax, high crimes, easy to be. do they need to change? >> there we go. i don't know that i would be testing donald trump on anything he talks about is the relief to

turnout numbers. especially in california. but they had a pretty strong turnout and they didn't cancel each other out as many had heard it did. >> that's right. democrats made solid gains in san diego county and orange county at her 42nd street legislature flipped of misery and peanut candidates across the country performed very well. we are excited about what we are seeing, but i don't think either side can sit on their laurels and be comfortable. that is part of what i donald trump into the white house. people assumed he could never be elected. it's important to pay close attention to the issues and vote with their conscience. they've got asked their members of congress and the candidates who want to represent them, how do you feel when you see children being mowed down in schools? how do you see feel when you see

families ripped apart and the president of the united states trashing one person in our justice system. cheryl: the question is do you vote on this issue nationally where do you vote on how you feel and that means your wallet, your job, your 401(k). wicca with the markets are doing. republicans will run on all of that until people, but keep your wallet. but your bank account. >> exactly. politics are local and donald trump is not on the ballots out there. they are looking at economic prosperity. they understand that these issues are critical to their prosperity. in california alone, two democrats were not allowed to make it to the general election for open borders. people don't want to see nancy pelosi as speaker of the house again. she came out sympathetic towards

ms-13 and indicated they would raise taxes. folks don't want to hear that nonsense. do you hate donald trump more than you let the citizens of your state? >> there's a lot to focus on, but one thing i've got a point now from "the wall street journal" this morning. more democrats did vote in 28 teen in california because that seems to be the crux -- that is the story for november voted in 2010 versus 20 for teen even the republicans came out in total. more democrats did hit the poll stations and did vote on twos day than they did four years ago in these primaries. what does that say to you? >> the democratic energy is strong and people are excited. we need to be thinking about and talking about what matters to the american people and the economy. all politics are local. as we talk about electing members of congress, if you're electing a republican you want

to know if they'll support donald trump's radical agenda. to that extent, donald trump is on the ballot. i can understand why republicans want to run for now. when you talk about electing someone to federal office, their position on top of that. train to california and new jersey. there you have it. >> report any% unemployment. cheryl: is going to be something. we've got months to talk about it. thank you very much. great discussion. appreciate it. tracee: coming up, dramatic video of an explosion and how the cameraman narrowly escaped being hit a burning piece of it. and a big night in nashville for country music. all the highlights from the cmt awards. you are watching "fbn:am." ♪ mom? dad? hi!

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tracee: what is happening now checking u.s. futures. david rouzer by 44. s&p 500 up by one and a quarter. nasdaq up by two by five. we will see at the rally can continue on today. u.s. diplomats in china are

being afflict did with the same serious illness that did americans in cuba at a number of them have been evacuated for further testing is starting in 2016, 24 american diplomats and their families became unusually thick in havana and it now appears the sickness had made its way to china. americans in china just like those in havana said their symptoms started to arise after they heard unusual noises. former toys "r" us the io jerry storch may have a plan to save his old company. according to the new york post is working with venture groups considering buying clothing chain remaining assets to possibly bring him unto the management team. chairman and ceo of the company from 2006 until 2013. take a look at this. sending video shows a propane tank flying past the cameraman in sonoma, california after next

lotion. a 1000-gallon propane tank. like a bullet. that is crazy. that is what is happening now, cheryl. cheryl: i can't believe it's a propane tank. you know how large those things are? cheryl: music's biggest stars and their fans came together in nashville for the annual cmt award last night. the fan voted awards show for country music videos and tv performances. host little big town performed a hilarious move of the royal wedding. >> who has appeared in the procession. is that queen? >> i believe it is. [applause] yes, that was darius rocker

dressed up as the queen. florida georgia line playing prince charles dent prince harry. carrie underwood proved that she is still the queen of country with an incredible performance of her newest song, cried pretty. ♪ underwood went on to make cmt history with her eight team to win, claiming best female video with her collaboration with ludicrous. tracee: with blake shelton that took on the ninth highest honor video of the year for his song in which he also won best male video. he said he couldn't believe he was nominated in a category with such talent and new artists and the boy be and to comb their first cmt award for a television performance of their hit song,

everybody, which they sank the florida georgia line. other big winners include little big town. and former middle-school classmate came around for best collaboration on their hit duo. new artists currently appears to comb the award for breakthrough video of the year. cheryl: i still love the little country music. that's for sure. coming up, as justified tries to win the triple crown come a very special sponsorship will tell you about. and kevin durand with lebron james in game three of the nba finals. jared max has sports coming out. a look at futures on this earth day. another strong kickoff to your markets. the dow was up 40 in the premarket. s&p is up one, nasdaq up two and

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tree to the nba finals with a, tracee: jared max is here. good for lebron and the cavs. >> i think at this point it's looking like that. lebron james had a triple double. dirty three points. 11 assists, 10 rebounds as side dishes. does this basket count as points and an assist?

lebron passes to himself off the glass. the same thing with him last year's series and just like the 2017 finals, they fell behind. three games to none. kevin durand making a strong case to repeat the final mvp and carrying the warriors downed her team in the first half. 58 to 44. they would bury the cavaliers with the late dr. 43 points for drew grant. game three goes to kd in accordance the warriors. they go for the sweep friday in cleveland. game five of the stanley cup final tonight. tickets to game six would become as costly as ever for an nhl game which has the game six getting priced at $1981. imagine trying to sing in 295 miles per hour but bright

lights in your face. detroit tigers hitters in boston last night at fenway park to the game had to be delayed because fans use their cell phone like as if they were at a concert. more on this in an hour with morning took maria. bottom of the ninth, comes down to jason heyward. cubs win. the team last night also drafted an nhl player's cubs fan and also a cancer survivor. so where will you be saying in the hamptons next week for the u.s. open? tiger woods and his 20 million-dollar fiat named privacy already.near shinnecock hills. thank you very much.

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tragedy of the recent tense moments of the g-7 summit in canada with president trump not backing down from its top position on trade. wisconsin farmers are caught in a trade dispute over dairy policies that are keeping scott shalit here, managing director. this is what is happening. good morning. what do you make of this, especially with these wisconsin farmers? >> exactly right. rated dairy farmer that had to be mailed three times a day. they don't know when you've got a two-week vacation coming up and they don't know if you've had too many beers the night before, they got to get up and get the milk. will you've got to shut off. we have been suffering from already a very protectionist theory industry in canada. one product we do have a something called ultra filter milk did not qualify under those

tariffs in some new york farmers have been able to export back to canada with the terrorists and they been doing very well. guess what, the party is over. canada stop the tariff on that as well. for mercy milk on the market they get hit with this again. it's not a good time for the protection is that out of canada is unlike anything we've ever seen in something that is to be highlighted because it's not just the u.s. getting all these headlines. other countries are doing things, too. >> antitrust officials finding google up to $11 billion for the android operating system. what is the reaction from european investors? >> quick answer is they've got they will be the ones that will start to regulate u.s. companies doing very well, especially the tech her. a little socialism coming in here and jealousy coming in here. train to thank you so much. good to see you and thanks to

all of you for watching our show this morning. now over to maria bartiromo. >> hey there, ladies. good morning to you. happy thursday, everybody. i am maria bartiromo on thursday june 7th. 6:00 a.m. on the east coast. dow investors set to open up again this morning better than 50 points at the nasdaq and the s&p 500 are also fractionally better in the session. at a quarter of a percent after the index has closed at all-time highs. take a look at yesterdays indices. the dow and s&p 500 finishing up their highest levels in about three months. mix performances this morning was a rough start for london trading on the london stock exchange with a technical issue. the ft 100 is down a fraction of the cac in paris in the dax and germany are fractionally higher in the session. markets mostly higher with the exception of china. shanghai composite down a fraction this morning.

trade tensions. japanese prime minister shinto abe headed to the white house ahead of the g-7 meeting. at odds with the other six nations going into the summit over tariffs and trade policy. the top economic official larry kudlow defending his stance yesterday. >> we should all have a level playing field. i think it is a very damp description. that is the problem. if you bring down the are yours and you equalize the level the playing field, then we will let nature take this. the president has the back ground and he will continue to make the fight. maria: a birds eye view of the devastation in guatemala. footage showing the blanket of bash over towns and villages following top volcanic eruption. sorry, but not really sorry. samantha be returning to her show after her vulgar co