they are gone. >> we agree on that. lou: stop right here. mark, you get the right word. >> i hope the upcoming meeting in singapore represents bright new future for north korea and, indeed, a bright new future for the world. cheryl: breaking this morning, donald trump against the world. the president set to meeting canada but leaving early to meet with singapore to meet with kim jong un. >> political issues will be resolved, pushed dow to highest level in three months yesterday but falling tech stocks dragged down the nasdaq and s&p 500. cheryl: but we could be set for lower open this morning, first day we have seen this with future, investors are word about

a weekend that's filled with big events that could be market moving. take a look at market futures. down 159 points. s&p 16 and 3 quarters. the nasdaq is 69 and a quarter. tracee: in europe stocks opened sharply lower on worry of tensions and higher interest rates, right now taking a look at europe across the board. the cac down 25 and dax down 167. cheryl: taking a look at asia, stocks also sinking, shanghai composite down about 1 and a quarter percent. hong kong hang seng sinking nearly 2%. tracee: new black eye for facebook ceo mark zuckerberg, you know the posts you thought were private, think again, fbn:am starts right now.

cheryl: well, it is -- most important friday. tracee: we made it. cheryl: 5:01 a.m. in new york, friday june 8th, good morning and i'm cheryl casone. tracee: good morning i'm tracee casual -- carrasco for lauren simonetti. cheryl: but first, breaking this morning, president trump is expected now to clash with canadian prime minister justin trudeau and french president emmanuel macron at g7 summit in quebec today. the president tweeting last night. why is it the european union and canada informing the public that for years they have the massive trade tariffs and nonmonetary trade barriers against the u.s. totally unfair to our farmers, workers and companies, take down your tariffs and barriers or we will more than match you.

canadian leader gearing up for meeting with the u.s. president. >> i is certainly speak personally that i have consistently stood up for canadian interests and consistently demonstrated where we disagree. tracee: french president tweeting, the american president may not mind being isolated but neither do we mind signing a six-country agreement if need be because these six countries represent values, they represent an economic market which has the weight of history behind it and which is now a true international force. meanwhile the white house says the president will leave the g7 summit earlier than planned. he's now schedule today leave canada for singapore tomorrow morning. cheryl: they are calling this the g6 plus 1 now. the hashtag going around. prime minister shinzo abe visited the white house to

discuss trade and north korea. >> good morning, tracee and cheryl. seems like a successful visit for prime minister and president trump, the japanese got a promise from the president that he would talk to north korean leader about hostages that were taken in 70's and 80's. the president got an ally that's in lock-step for his plan with north korea, plus an agreement to work on trade issues. >> prime minister abe and i are are working to improve the trading relationship between the united states and japan. something we have to do. the united states seeks a bilateral deal with japan that is based on the principal of fairness and reciprocity. we are working hard to reduce our trade imbalance which is very substantial, remove barriers to u.s. exports and to achieve a fair and mutually beneficial economic partnership. >> very different language than when president talks about

canada, for example, a hint that there might be bilateral deal in the works, japan and the u.s. are working on a greater negotiation for trade deal. that's what the u.s. trade representatives office. that could be removing tariffs on steel and aluminum. abe wants to u.s. to include medium-range missiles as well as i didn't -- intercontinental missiles. the prime minister wants to make sure that he was heard and seems like he was. >> the steadfast alliance between japan and the united states is enduring force of peace and stability in the pacific region and around the world. from the dwinning -- beginning of my administration the prime minister and i have been working to expand cooperation in range of areas including defense and commerce. >> both leaders head this morning to g7 summit and then the president as you know goes onto summit in singapore on

june 12th and with everything goes well, president trump says there could be a visit by the north korean leader here to the white house, back to you. cheryl: meanwhile the president also speaking about u.s. sanctions on north korea. >> maximum pressure is in effect. we don't use term anymore because we are going into a friendly negotiation perhaps after the negotiation i will be using it again. you will know how well we do in the negotiation. if you hear me saying we are going use maximum pressure, you'll know the negotiation did not do well. tracee: new fox news poll finds optimism is increasing on north korea, 28% of voters think kim jong un will give up his nuclear weapons, that's up from 16% back in march, fox business special live coverage of the historic u.s.-north korea summit begins at 7:00 p.m. earn monday, fbn:am

will be live starting at 3:00 a.m. eastern. cheryl: we will be up all night should all of you and many of you are up all night. china's zte securing a lifeline from the trump administration after agreeing to pay 1 billion-dollar fine to overhaul the company's leadership. this lift will ban and chairman of zte apologized to customers, shareholders and business partners saying there will be no further compliance violations but u.s. lawmakers including republican senator marco rubio are not happy with this agreement. >> i assure you it's a bigger -- zte is bigger security threat and furthermore it's an industry which china is trying to steal its way in dominance at expense. we should be putting -- we shouldn't be telling things to

these guys without the sanctions. cheryl: well, senate democratic leader chuck schumer also calling the agreement, quote, a 180-degree turn away from the president's promise to be tough on china. tracee: another blow to obamacare, the department of justice now says it will stop defending key parts of the law including the one that guaranties coverage for people with preexisting health conditions. doj which backs federal law, crucial provisions of obamacare are unconstitutional, the move threatens to shake up insurance companies which are setting rates for 2019. cheryl: well, a critical warning from tesla's auto pilot system to a driver involved in a fatal crash earlier this year. apparently was ignored. according to preliminary report from the national transportation safety board, the auto pilot told the driver to put his hands on the wheel more than 15 minutes before the suv sped up and crashed in california.

this happened back in march, the ntsb report says the auto pilot was on the time of the accident and the family plans to sue tesla and claiming auto pilot was effective in leading to death. tracee: another black eye for facebook, the company says postings for about 14 billion users that were supposed to be private were actually made public. facebook blaming the problem on a software bug which it says has now been fixed. the incident occurred over several days in may. one tech investor discussing facebook series of privacy scandals with maria bartiromo on mornings with maria. here is what they had to say. >> the company had this motto for years, move fast and break things, the notion was don't let anything get in the way of growth. the reality is it was really move fast, break things, apologize and then move on as though nothing has happened. and that's really where markets are -- tracee: we will take a

closer look at facebook's latest problem with our guest later in the show. facebook shares are lower in the premarket. cheryl: down more than 1% there. well, the washington capitals capture their first ever stanley cup last night. the caps came back to tie the game in third period and eller scored the goal. look at this. loose puck to send his team 4-3 on vegas golden knights, they would hang onto that and they would win. long-time capital talked about finally winning the stanley cup. >> i don't know what to say. it's unbelievable. i'm so happy for my teammates, for our fans to watch and go back to washington. cheryl: stanley cup play ahs most valuable player, congratulations caps. tracee: district of champions. all right, coming up, president

trump facing a chilly reception from g7 world leaders, can he salvage the summit and get a trade view in a bombshell, leaked crack-down security director heading to court over leaking information to a new york times reporter. u.s. stock index few chiefs right now, let's take a look at the board, get you numbers, dow futures down 146, nasdaq down by 66, could be a rough friday, you're watching fbn:am. [music playing] (vo) from day one, we always came through for our customers. it's how we earned your trust. until... we lost it. today, we're renewing our commitment to you.

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♪it's a beautiful mornin' thank you ♪it's a beautiful mornin' ♪ahhh ♪each bird keeps singin' his own song♪ ♪so long ♪i've got to be tracee: welcome back, let's check u.s. stock futures this friday morning. take a look at the board, duh chuirs down 150, s&p 16 and a half, nasdaq down by 68 and a half, looks like we are heading into red ahead of g7 summit. the senate intel committee's former head of security has been indicted for leaking classified information to reporter and lying to the fbi about it. james wolf is a veteran of the committee serving as security director for 29 years. was arrested thursday and to

appear in court today. the original investigation concerning clinton's use of private e-mail serve -- while secretary of state. finally country time lemonade is speaking out about a different type of legal issue. >> if you have a problem with lemonade stand, the offices of country time legal aid are ready to take a stand for you. >> tastes like justice. [laughter] tracee: that's right, kids who are fined for running a lemonade stand can apply for legal aid this summer. it will cover any lemonade stand-related fees and that is what happened -- it's what's happening now. can you believe that? poor kids. let them have lemonade stands. >> nice job country time. it's going to be a job this

weekend for the president but could be pretty tense meeting at g7 summit in canada ahead of historic summit with kim jong un leader in singapore. let's bring david nelson, he is here, david, we are looking at stock market futures right now, dow down 156 in premarket. i think investors are pretty nervous about going into the weekend holding onto positions that may look completely different on monday because the news may look completely different on monday. >> you know, the markets are sliding right now this morning and futures are down in advance of this meeting and the calendar is pretty light right now at least until the end of the month when the fed weighs in on interest rates, we will probably bounce around with any headline that comes out of the meeting and maybe even next week with north korean summit as well. >> fomc is next week to your point. the start of g7, the talk about trade, this really has become a trade war of words between trump and macron and justin trudeau,

in fact, i want to show you -- one of the tweets from president trump, there's so many to pick from. look at this one, please tell prime minister trudeau and macron that they are charging tariffs and the surplus 150 billion. canada keeps farmers and others out, look forward to seeing them tomorrow. >> the truth is a lot of the countries have tariffs in effect, in the case of carry, 275% and -- cheryl: 300% according to president trump. >> it's still a big number, it wasn't that long ago that canada was using promise doctrine to take intellectual property to hand it over to generic counterparts. the rhetoric is pretty harsh. cheryl: listen to what macron just tweeted.

the american president may not mind being isolated but neither do we mind signing a six-country agreement if need be because the countries represent values, represent economic market which has history behind it and it is now a true international force. they are ready to go without the united states. >> it's harsh rhetoric and not surprising that the countries are trying to defend their turf. look, i agree with what larry kudlow white house adviser said in the past. the system is broken and really needs a complete reset. my concern is that with the focus on the g7 right now we may lose our focus on the real egregious party out there and that's china because they are 2025 doctrine is all about taking our intellectual property. so i hope we don't lose sight of that. the president has had success on being part tough in the past. even after he canceled that --

the north korean summit which is now back on, you know, we have a statement from north korea. he's playing tough and it's a tough game throughout. cheryl: it is a game and gym that investors are watching closely. thank you very much, david. >> thank you. tracee: coming up this weekend opening up at box office playful all-female cast. >> in 3 and a half the met will be hosting annual ball. we are going to rob it. tracee: film critic joins us with his review, when is 100 million-dollar opening a bomb when it's part of star wars franchise, index few chiefs right now, let's take a look at the board. s&p 500 down by 15 and 3 quarters, nasdaq down by 68 and

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>> in three and a half weeks the met will be hosting annual ball. we are going to rob it. not the ball itself. >> the neck of daphne. >> that's $100 million. >> 150 million actually. >> the clip from the new movie ocean's 8. all-female spin-off of the trilogy, joining us to talk about it critic mike sergeant,

pike, good morning. >> good morning, how are you? >> good morning. cheryl: is this a crowd pleaser, what did you think of the movie? >> it's fun, the cast is fantastic. unfortunately it doesn't ever quite take off, if you know what i mean. it's a fun movie but the premise, let's do all-female version to have ocean's movie. you really expect a little more about female empowerment, the dresses are great and hathaway steals the show but with the cast that they have, you kind of -- you keep waiting for it to kick in to high gear, so it's definitely fun, but, you know, not quite there. tracee: all right, i want to get to really quickly han solo, new star wars movie. now what do you think of lackluster at the box office, do you think this might have something to do with the fact

that there was star wars movie just six months ago? >> yes, i think part of it is franchise fatigue, i think part of it the fact that new han solo movie is fun and unnecessary, do you really need to know how he got his name, do we really need to know how he met chewbacca, some things about it that are fun but ultimately it did not need to be made and it doesn't really, if you know what the word cannon means, it didn't add to cannon, it supported what's there. so there aren't really any big surprises. cheryl: real quick, star wars installment in september, do you think it's time to get people interested in the next installment in. >> everybody wants to know what are they going to do, luke is gone, we know princess lea, we know han solo is gone, what's going to happen? it's a bigger curiosity factor.

cheryl: is luke gone, though? i don't know. maybe not. tracee: we will find out. all right, thank you, mike, for joining us. cheryl: we have a lot more coming up, it is a busy weekend for president trump as he talks with the g7 and there might be a few arguments there and then he's going head the singapore for a historic summit. >> much more than photo op, i think it's a process, i've told you that many times before. it's not a one-meeting deal. cheryl: we will talk with senior white house adviser brad blakeman. and the latest black eye for facebook ceo mark zuckerberg, a bug that turned 14 million users private setting public, that's always fun. taking a look at what is not fun this morning, futures are pointing to first negative kickoff of the week after four strong days, dow down 152, s&p

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>> i think i'm very well prepared. i don't think i have to prepare very much. it's about attitude. it's about willingness to get things done. cheryl: breaking this morning, president trump leaving washington today to attend two crucial summits, first in canada for g7 meeting and then over to singapore for historic summit with north korean leader kim jong un. we've got our live report coming up. tracee: dow push today highest level over three months optimism that trade and geopolitical issues will be resolved. cheryl: we could be set for lower open this morning. traders are worried about big events during the weekend.

s&p down 16 and a quarter, nasdaq down 68 and three quarters. race trace in europe stocks opened lower, taking a look at the board, ftse down by 58, dax down by 135. cheryl: same story in asia, stocks sinking there. shanghai composite fell, hong kong hang seng sinking nearly 2%. tracee: taco bell launching a new interesting drink for the summer called berry froze, twisted, what exactly is that? fbn:am continues right now. ♪ ♪ cheryl: 5:31 a.m. in new york. friday june 8th, good morning, everybody, i'm cheryl casone. tracee: good morning, i'm tracee carrasco, the anticipation, cheryl, is growing as final

preparations are underway for the historic summit between president trump and kim jong un. cheryl: let's bring in brad blakeman as we talk about it, of course, and we have been talking about it all morning. brad, good morning to you. thanks for being here. as we have talked several times, you've organized several of these summits, let's talk about the strategy and what we are seeing right now which is let's be hear here, the g6 plus 1. president trump is walking into a fire storm with world leaders. >> sometimes your toughest meetings are with your friends, a relationship has good days and bad days and those in between days and this will be a tough time for allies, they've been taking advantage of the united states, the president has called them out on it, he did it before with nato and what did they do, they complained about it but stepped up to the plate and continue today upgrade contributions. same thing with trade. we shouldn't be mad at the president, we should be glad

with the president because he's sticking up with america and playing points. cheryl: he's definitely sticking up on twitter to make several of his points. so many tweets to choose from, one of the things he talked about trudeau, talked about how president trudeau has been indignant in bringing the relationship with canada and also bring up the fact that they charge us up to 300% on dairy killing farmers and agriculture. let me show you the specific tariffs, maybe the president has a point. 270% on dairy. we are should go viewers. 270% on dairy, 69% on sausage. seed 67%, wheat, meat,, i -- li, maybe the president has something here. >> the president has something here. he's putting america first and allies have to realize that we

can't be taken advantage of anymore. we are the first one called when anything bad happens and then we are taking advantage in trade. no, that's not the way it should be, a friendship is only as good as it is for both parties that respect each other. we are not, you know, going to have worst relations with canada, no, that's not in the cards for the president when he leaves to the summit is have parity and have good relationships with canada and méxico and others not only in our hemisphere but all over the world provided that they treat us right. cheryl: the language he's using and the language that trudeau and macron in particular has been pretty harsh, the president approval's rate lg specifically when it comes to international trade. his approval rating right now in international trade, how he's handling international trade is at 41%, but those that disapprove how he's handling it is 49%. what do you make of that, blake?

>> one thing is for sure, i've served throe presidents, great leaders are never appreciated in their time. it's only after time that people can take full stock of what they've done and what they've done it. that's why they are leaders, it's because they see things that others don't see and they stand on principle. so i am convinced that president trump is doing the right thing by america. maybe it's not appreciated but, you know, you take that with a job. cheryl: all right, we will see how this goes, he is going to be leaving early. by the way, i can't wait for class photo out of g7, no one smiling in that, it's my prediction. we shall see. let's talk about the fact that he's leaving early. he's going to be heading straight to singapore for the summit with north korea's kim jong un. there's a lot of pressure on the president and, i think, a lot of pressure on kim jong un to at least come up with something if you were advising the president right now as he heads to singapore, what would you tell him? >> donald trump, be donald trump. stand on principle, we are going

to consiliatory, it has to be done, the question is how, i see two deliverables out of the summit, one hopefully end to korean war once and for all, two, would be a pathway to the denuclear station of the peninsula and which means that there are certain deliverables that must be met. i see if the deliverables if met, would be fantastic result not only for america but allies in the world. cheryl: new fox poll 28% believe that north korea will give up their nukes but 60% say that they won't. i don't know, we will see. that's how the american people see it today anyway. brad blakeman, thank you very much. good to have you on this. i'm sure we will talk to you next week about it. tracee: all right, coming up the

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cheryl: welcome back let's get you caught up on what's happening now. taking a look at futures, the fifth day not a charm now. dow is pointing lower the premarket, trade tensions, g7 summit. s&p down 13 and a half, nasdaq is down by 62 and a quarter. well, the house narrowly approving a white house plan to claw back $15 billion in previously allocated spending, conservatives calling the move a step in right direction following $1.3 trillion spending the president signed earlier this year. according to fox new poll, 51% of americans say president trump is handling the economy well.

record high for the president. optimism in the economy also sits at 59%. well, taco bell is testing out a new drink that's perfect for a day at the beach, frose is a version version of frose and yes, it does have alcohol, just so you know, it's debuted in california and chicago, you can also have it made without the alcohol, i don't know why you would do that, a few bucks less in chicago, there you go, trace, frose. >> yes way frose. privacy scandal for facebook after the company said problem with software made private post public for as many 14 million users in may. melissa joins house, good morning, melissa. >> good morning, how? tracee: good, how serious is this latest facebook bug? >> i don't think it's as serious as the initial bug which came out earlier in march simply

because it only affected 14 million viewers or subscribers where as back in march it was like 84 million, but the problem is and why i think this is concerning they said they were going to fix the problems and all of a sudden another problem, they came out and said, well, we are sorry, it did happen again. the stocks did not react as poorly as they did in march, it did sell off, it sold off from making highs, back in previous highs at 195 and probably would have gone over to new knew if it weren't for negative data. all in all, people don't seem to really much care. they are still using facebook. tracee: so will anything affect facebook stock in is it bullet proof? >> oh, gosh, tracee, that's a good one. i don't know. i mean, it does seem like almost nothing can, but it did affect the stock really this year. i want to point that out, it did. it had a huge selloff. it was short for a while but when earnings came out for facebook it turned around and since it's in the tech sector

where the stocks keep making new highs like am done, google near the highs, all of the stocks are rallying so much. people can't live without facebook, they love it. they want to get on facebook every day and want to connect with friends and family, what people need to know, anything that you put out on facebook or any of the sites, youtube, any of the internet, consider it public, consider it's out to the world, don't think that your privacy isn't being breached. assume that you don't have the privacy that you have public information out there, your birth date, pictures, assume that because you can't trust the people to do what they are going to say obviously. tracee: do you think this will send mark zuckerberg to capitol hill, but maybe not this but what happened with huawei? >> not necessarily. another negative against it. when you hear the kind of news, remember when wells fargo scandal after scandal, seems like facebook is getting like that that too. you're not surprised anymore. well, there's another one check,

you read it and read the news and go on. could something happen in the future, maybe, possibly, they are trying to fix the problems, it's just whether or not it's going to last. tracee: thank you melissa for joining us. >> thanks. cheryl: all right, it is party time in dc. the capitals bringing the stanley cap back to the nation's capital. [cheers and applause] cheryl: jared max has all the highlights just ahead and justify is going for a triple crown. janice dean live at belmont park for a preview of tomorrow's big race, taking a look at futures, well, not so big, we are looking at down market on this market, dow pointing lower in premarket by 121, nasdaq down by 63, a lot of big news over the weekend, traders saying, no, we are going to hold off. we will be right back.

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cheryl: all right, here we go, the final race in the triple crown kicks off tomorrow. justify won the race for the roses and took home first place but can he keep the momentum going? tracee: we will find out today at the 150th belmont where we find janice dean, she's live there right now, good morning, janice. janice: good morning, ladies, it is happening, the sun is coming up. we are expecting a beautiful friday here, 150 years, not only could we see a triple crown but this is a big anniversary for the belmont stakes, so the last

time we saw triple-crown winner was 3 years ago, bob bafford is back here with justify and the odds are that the horse is one to beat. apparently justify was on the track, this is by the way, the longest track of all three races, derby, and now the belmont, 1.5 miles long. it's the most difficult. they call it big sandi because the sand is different from all the other tracks, justify was here yesterday and from what i hear, he owned it, he loved the feeling of this track and the forecast is big because over the last couple of days we were forecasting this frontal boundary that was going to sit over long island new york and bring potential of perhaps some heavy rain but the good news is today the forecast looks like that front is going to be a little more southward of area so better chance of clear skies and this horse, by the way, justify, we've never really seen him run

on dry sand or dry track because two other races, derby, were mudders, it was like flooding rainfall all day for the kentucky derby and so this is going to be pretty amazing, this horse is really one to beat, very large horse, i mean, bob bafford is the training. before that it was 37 years, so this is going to be quite an interesting race, we are all very excited for this horse. i'm very excited. we are going to talk to bob bafford later on at fox&friends and we will be talking to park owners, live from belmont. ladies, this is one of my favorite events of the year. everybody will be wearing fascinators and to be we will have the big hats. cheryl: i love the hat, tennis. turn to the side, i want to get a shot of that.

gorgeous. tracee: like a flower bouquet. janice: feel like a flow e plate and looks good. cheryl: it looks fabulous. tracee: in other sporting news, one team was going to win the stanley cup for the first time ever. cheryl: jared max celebrating like never before. jared: in my head i'm celebrating seeing the hat on janice. triple crown, love it. not since 1992 when the ced since won super bowl. game 5 cup final in vegas, ellers scored the goal, hockey fans into a frenzy. the dc fans have been waiting to hear since 1974 the washington capitals are the 2018 stanley cup champions.

jared: wow, congratulations to the washington capitals, first stanley cup title, but they're champs now. alex, 13 seasons in the making, best active player to never won the cup. how about the golden knights? vegas strong, indeed. ovechkin, 15 goals, ove not the only emotional player. listen, got to celebrate on the ice last night. >> he doesn't remember a lot of stuff these days, this one will stick with him forever. you can guaranty that. cheryl: oh. jared: congratulations to the capitals, what a season. nba season end tonight if the cavaliers beat the cavaliers is over and so could lebron james'

career as free agent. will terrell owens be remembered as catching more than rice. seriously to is not going this summer. tiger woods is playing with the world number one and world number 2, what a group, justin thomas, dustin johnson. cheryl: and yacht to rest on during the evening. tracee: sleep well. cheryl: jared, catch jared sports report fox news channel 24/7, siriusxm 115. tracee: european stocks are trading lower ahead of summit in canada, we will get a preview of meeting in london when fbn:am continues right now.

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♪brother let me be your shelter♪ ♪never leave you all alone that was the moment when i realized that i needed to do something about this. i needed to make a difference in his life. go! and i knew that if i could help him find a friend, i could help teach other people that including people with differences is the right thing to do. ♪bring it home ♪brother let me be your shelter♪ that was the inspiration behind my non-profit "score a friend" educating people to include the people with differences is so important because when jacob's included he feels like he can succeed in life and he feels like he actually has a purpose. ♪..home cheryl: breaking this morning, shares of apple are trading sharply lower the premarket, down a little more than 2 quarter percent right now. japanese newspaper, the nikkei reporting that apple is warning

suppliers of a 20% drop in new orders for iphone parts, 20% drop, so definitely want to keep eye on apple today see how it trades. tracee: well, president trump under fire over controversial paris expected to expect tense meetings in canada. chief market analyst at ig group joins us now, good morning, chris, do you think anything will get accomplished at this summit? >> good morning, we are at the risk of chess-beating from all sides of the summit. we know how tense this is, reports that even trump won't even speak to the uk prime minister. this is a big worry. doesn't mean expectations are quite low, perhaps commitment negotiations further down the line, the thing that we need, hope that the talks will continue even if there's no direct progress at this weekend 's big summit. cheryl: can't wait to see the class photo. we have breaking news of apple

we want to talk about. stock is sharply lower the premarket. warning suppliers according to japanese newspaper of 20% drop in new orders for iphone parts. what do you make of that? >> a concern and maybe trade war discussions, people are being more cautious, worried that this will hit and nasdaq down and this pullback in apple is always the kind of thing that could start weakness in the market even if it's raising toward the 1 trillion-dollar mark. tracee: thank you, chris, and thank you for joining us, let's send it over to maria bartiromo. maria, good morning. maria: hello there, ladies, good morning to you, tgif, happy friday, everybody, thanks for joining us. i'm maria bartiromo and it is friday june 8th, your top stories right now 6:00 a.m. on the east coast. trade tensions running high this morning, president trump and french president emmanuel macron

ramping up their rhetoric on twitter before president trump leaves for quebec next hour. we will bring you all of that coming up live this morning. tough talk on trade ahead of g7 meeting for sure. that's weighing on investors, take a look at futures indicating decline at the start of trading, dow industrials down two-thirds of 1%, s&p 500 down 16 points, that's also two-thirds of a percent and nasdaq down almost 1%, 70 points lower on the nasdaq right now. this after a mixed performance yesterday, the dow climbed to its highest level in nearly 3 months yesterday closing off 95 points, gains in energy, that certainly offset weakness in technology with the nasdaq, down 3 quarter offense a percent yesterday, 64 points lower. in europe this morning, looking at decline across the board. take a look. cac quarante in paris and a third of a percent. in asia overnight, weakness across the board. as you can see hang seng index

in hong kong worst performer. shanghai composite in china down one and a third percent. the defense rest, the justice department announcing it will no longer stand up for may joe provisions in the affordable care act, what that means for obama's signature legislation. 14 million users affected after some of the private posts were made public. backlash this morning coming up. a vintage ferrari selling at auction, we will tell you the eye-popping price tag. big weekend at box office, ocean's 8 hitting theaters, we are looking at trend of sequels and remakes into the long weekend this weekend and we will check out ocean's 8, all the stories coming up friday morning and joining know talk about it fox business dagen mcdowell, fox news contributor rachel campos duffy and fox business contributor gary b. s