irfour storm could -- a category four storm is moving towardsed the carolina and virginia coast. that's it for us. see you tomorrow. we are totally prepared. we are ready. lauren: ready or not, here comes a hurricane florence with the storm packing extreme wind and heavy rain. residence being told to pack up and leave. cheryl: storm the stocks moved yesterday, but investors again treated not trade tensions with the dow guinea 113 points. lauren: futures this morning. cheryl: we are keeping a close eye on rising oil prices as us

oil inventories fell and the sanctions on iran are looming. lauren: the opening in europe was to the upside and still higher. cheryl: different story in asia. talks continue to slump. in hong kong the hang seng joining the. lauren: it's the most important in the year for apple and apple fans, but a week about the new lineup stole their thunder. "fbn:am" starts right now. lauren: it is wednesday, september 12. good morning. i'm lauren simonetti. cheryl: good morning. i'm cheryl casone. mass evacuations underway in the carolinas and virginia as hurricane florence approaches the east coast. states of emergency for all three of those states.

lauren: that's because florence is a monster category four storm right now maximum sustained winds of 130 miles an hour. jonathan is live in north carolina with the latest. we were just looking at video people leaving. is that what you were seeing and hearing from residence? reporter: it is. most people say they plan to get out this barrier island community it will be very exposed when the storm made landfall. other than a few sprinkles right now it's calm giving people their last couple of hours before mandatory evacuations going place at 8:00 a.m. on this island community. governor laurie cooper of north carolina is urging people to make-- take the warning seriously. >> the waves in the wind this storm may bring us nothing like you have ever seen. even if you have ridden out storms before this is difference.

don't bet your life on writing out a monster. reporter: longtime residents are likening the storm to hurricane hazel which devastated the community in 1954 in wrightsville beach of the nearby city of wilmington on the mainland. residents and business owners are boarding up when it does in securing up loose items in hopes of minimizing the damage. many folks i normally stay put during hurricanes plan to evacuate this time. >> it's about a 50/50 mix this time. most of the time my friends are pretty tough i think most of us are, but i think this time they got a little worried and it's about 50/50. >> i know of more people living because i live in a college a living apartment and a lot of people are not from here and they decided to leave because they are not used it to this and they're getting freaked out. reporter: by karen wrightsville

beach beach, mandatory evacuation takes affected 8:00 a.m. this evening beginning this evening to predict water system town officials plan to begin shutting down the water system and also say when the storm comes ashore the power will most likely go out so for the few staying on the island conditions will become very primitive. lauren: thank you. we are looking at storm related stocks also gaining yesterday. home depot and lows gained at least one half percent. general act holdings which makes generators gained more than 1% and then insurance stocks that we watch when we have major disasters. you can see all state and travelers and progressive gaining ground with aig down two thirds of 1%. cheryl: unfortunately and jonathan mentioned this some people in the area say they are not leaving. >> we were going to evacuate, but now, we

are deciding to stay in doubt. feel like i don't want to get trapped in gridlock. a little worried about that. we got generator to net type stuff, so it was really about boarding up last-minute windows. cheryl: charlie joins us now. good morning. >> good morning. cheryl: we have the 5:00 a.m. update. 130 miles an hour sustained wind, but the storm is described as a triple threat, something we have maybe not seen in a lifetime yet people stay they want-- as anyone estate. what you say the intent-- to them? >> in many cases in the past when storm major hurricanes that hit they have said i'm going to write it out where i am. by the time they hit they wish they had not. this will be one of the storms that is not like a storm in recent memory for the carolinas. we will see incredible storm surge or wherever

it comes ashore between about wilmington and myrtle beach we will see storm surge of piling up the water about to 13 feet, that's over a story i and with low lying areas along the coast much of the coast where it hits will be inundated with potentially category for wind, 140-mile an hour so about what its forecast to hit with now and on top of that you will have up to 25 to make 30 inches of rain as it slowly moves inland. that will lead to incredible numbers of power outages. the folks that survived the scare of the storm hitting along the coast than have to deal with many days of power outages. cheryl: i want to show our viewers. you were going through some of those numbers but i want to bring this to our viewers 15 to 25 inches of rain that can be isolated up to 35 inches. no electricity for weeks and also again when they describe this as a triple threat even the

governor said it looks like you love storm surge along the coast line and sitting basically stalling of the states of north and south carolina. that is a harvey type of storm we are talking about and then the wind as well. what type of damage do you think we are looking at here? >> along the coast there could be some areas where the storm i affects there will be level and we could have substantial area along the coast that are completely inundated with water perhaps for the first time ever in some locations and after that much of north carolina now with this more southerly turn after it hits going into south carolina we see a wider area with that way 5-inch rainfall perhaps higher in some spots, so significant perhaps record-breaking flooding will occur after the hurricane hits. cheryl: we are out of time, but do you think we will see loss of life? >> i do think people who choose to stay definite

threat of loss of life and the flooding after. cheryl: charlie, thank you for being here. see too many people are trying to get out of harm's way and they need gasoline. north carolina unfortunately already experiencing gas shortages with the state preparing for hurricane florence. cheryl: we have some headlines making news this morning. reporter: oilless-- oil analysts say there is panic buying in some places in the carolinas as drivers rush to fill up before the storm. the website gas buddy reports about a percent of the stations in wilmington and 4% in raleigh-durham have already run out of gas by midday tuesday. there is concern about flooding and the potential impact the colonial pipeline which carries more than 1 million barrels of gasoline from texas to louisiana to the east coast. most of that pipeline is inland. cheryl: how our wireless providers preparing?

>> kind of like utilities they are staging in getting ready for the aftermath wireless providers like verizon, at&t are staging repair support crews to move in after the storm. the high-tech emergency gear has animal related names like cows, colts cells on trucks, crows and goats generators on trailers this is designed to replace cell towers and the wi-fi infrastructure which may be damaged by the storm. lauren: the other big story today's apple with a major event what products you may expect? >> talk about a storm with excitement. you can expect a major overhaul. apple's iphone, the website reports the new iphones will have cutting-edge technology and there will be a new larger 6.5-inch version of the apple access called the iphone excess , almost a person with access. it will be more expensive than the

website reports prices may be cut on the other phones as had been reported by other news organizations. apple's big event. it's hard to get excited with this storm barreling down on the east coast. lauren: and the fact that our current iphones work just fine. we will continue talking about apple with our next guest. editor-in-chief of the pc magazine. good morning. >> good morning. lauren: supersize me is basically the message apple is ascending. >> apple has been a little behind the time having a large format film like this, but they are popular with users. said sampson has done it with the galaxy note series for a while and apple wants to get into that market. lauren: we will show our viewers a full-screen-- these are all rumors, but what we think the new iphones will be. one, the x max, six and half inch screen. that's tremendous. my iphone x is 58 inches

, so six the half is like carrying a pop tart on your ear or something. >> tremendous size and a price. lauren: hundred is the rumor. >> this is the phone that you really want your get your hands on before you buy it because it will be too large for a lot of user. lauren: isn't the point to get you to do more with your phone. morgan stanley ran through the numbers and they said basically when you have a bigger phone you will watch more videos, connect more with apple services and in the and apple makes more money. >> 100% of these are not phones were talking to people any more. they portals to our digital lives and if you look at this generationally anyone under 25 has no problem sending an e-mail on a phone, use a virtual keyboard or getting work done on a five or 6-inch screen so they are already using these as productivity tools. lauren: we are talking about the most expensive new iphone

causing potentially $1200 to start. do you think customers will pay that and also we are getting reports of other versions released might be as cheap as $600. >> which is $600 used to be the high-end of the smartphone and now it's somewhere in the middle. with iphone x came out last year i thought it was a little overpriced and would be slow to rollout. sales have not been stellar. @to the same time the iphone x has driven up the average selling price of the iphone to over $700 with the huge financial success for apple and we will just see more of that going forward took a lot of people can afford a thousand dollars for an iphone and i think they will be in the market this holiday season. lauren: potential buyers, good luck remembering the name of all these new devices. is getting confusing. thank you. cheryl: still ahead, new hampshire not feeling the little burn. the latest results in the march to the midterm

and jimmy buffett may want to hold onto that cheeseburger in paradise for his latest business venture. he's going from margaritaville to the machines-- munchies. tao of 28 the free market-- dow jones is up 28 in the premarket. you are watching "fbn:am" what do you mean it's not working out, craig? i just introduced you to my parents. psst! craig and sheila broke up. what, really? craig and shelia broke up!? no, craig!? what happened? i don't know. is she okay? ♪ craig and sheila broke up! craig and sheila!? ♪ as long as office gossip travels fast, you can count on geico saving folks money. craig and sheila broke up! what!? fifteen minutes could save you fifteen percent or more on car insurance.

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lauren: good morning. let's get caught up. we will show you market activity display with futures modestly higher than the nasdaq gaining one quarter of 1%. president trump could sign an executive order as early as today giving him the power to impose sanctions on foreigners that attempt to interfere in us elections. "wall street journal" is reporting interference would include attempts to leak, hack political information or spread propaganda to sway public opinion. levi's standard, the son of man-- senator bernie's sanders was flat yesterday in the primary receiving less than 2% of the boat while allstate exec council member got 70% of the vote. conservative candidate eddie edwards who is back primary to giuliani won the republican

nomination. former president george w. bush hits the campaign trail today headline in several events for the gop in florida and texas. cheryl, you know the date, but it's four/20 somewhere for jimmy buffett and his fantasies license even name of his brand coral reef are for light a medical marijuana product for the week cubby-- the marijuana company-- he will not take a stake in business cheryl: hit will probably be a great success. of air can businesses are success going public this week with their fight against president trump's trade tariffs. farmers, retailers and dozens of industry groups are set to lobby against the tariffs today in washington. jason is a cofounder of investing this morning. this is a 60 industry

group forming this coalition launching today with a massive amount of lobbying dollars spent against what the president wants to do p do you think they will really have some sway against the president's fight was china, canada and europe >> of course. i think they represent a lot of different industries so they will have the presidency or, but at the end of the day the president will do what he wants and so far it's been working having if you look at the concessions europe has given in the chinese stock market and the chinese wooing of american corporations yesterday the president's policies have paid off. cheryl: not working for chinese markets, though. may be especially with the shanghai and the hang saying in bear market terror-- territory it will help the president, possibly. canadian negotiations happening this week.

the candidate-- canada foreign minister. >> nothing is done until everything is done. we have been working extremely intensively over the past few weeks and as i said to you on friday we feel both sides that are in a continuous negotiation phase even when we are not meeting face-to-face cheryl: what you make of her comments there? she sounds like she's actually bullish? >> i think they have to be. canada not in this mexico united states trade deal, just doesn't make a lot of sense for them especially when the vast majority of their economy is made up of exports that go to the united states. they will have to give concessions on dairy and other trade agreements, so the big stick the-- sticking point in this chapter 19 which i don't

think they will have a lot of sway to negotiate. cheryl: jason, listen to a president trump had to say about where we are canada. listen. >> with canada they want to make a deal very much me? if we make it that's good and if we don't make it that's okay. canada wants to make a deal. we will see if we can get them in the deal. we already have it with mexico. i think the deal with canada is coming along very well. we have been dealing in good faith. cheryl: we know president trump doesn't always stick with what he has to say in particular with these negotiations. he may change his mind and say i don't care canada is part of the agreement. >> i mean, we have seen that before, but again so far it has paid off, i mean, look at what europe has come into the united states and said they were knocking to give concessions on autos and look what happened. i do think that this will be broader or part of a broader economic trade package, which

could negatively impact china. china is now-- cheryl: he's all about the art of the deal. they are on their toes, that's for sure jason, thank you. good to have you. >> thank you. lauren: we are on our toes with hurricane florence on the crash course towards the carolinas where millions are being urged to leave. >> this storm is a monster. it's big and it's a vicious. lauren: the new warnings for those on the east coast. plus, janice dean has been tracking the storm and she will be here with what you need to know. you are watching "fbn:am"

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lauren: it's being called a storm of a lifetime with hurricane florence barreling towards the carolinas and millions are being urged to leave. cheryl: fox mere out just janice dean has been tracking the storm you are the one i heard say storm of a lifetime. janice: the wilmington office, north carolina put out their bulletin last night and called it potentially the storm of a lifetime, so category four, 130-mile an hour sustained wind. there is some uncertainty as we go through the next couple of days, so listen to your local officials if you live in the carolinas. even george eight, you need to pay attention. the storm will slow down when will it make landfall? who will get the most impact? still to be too determined. as you see we know pre-much what will happen thursday, friday. high-pressure that is

anchored across the atlantic steering is now will weekend. it will slow down. will it make landfall? will it move inland? will this area get a prolonged event of storm surge and hurricane force wind and rain? read will be the legacy of the storm and again we have a good agreement on all the forecast models as we go through tomorrow afternoon, tomorrow evening and then we are not quite sure. unfortunately, because we don't have the steering mechanism the potential for stalling along coast could be potentially devastating for these areas along the coast. will it make its way inland in the install and then dump of feet of rain across these various? that is also likely. the bottom line is a lot of uncertainty. i wish i could give you an ironclad forecast. bottom line is the carolinas need to watch this spirit georgia needs to watch this. tennessee river valley needs to watch this.

we will continue to monitor it and bring you the latest. lauren: dangerous and what few days i had. thank you. cheryl: despite these hurricane warnings many are still refusing to leave. >> is accurate, but now, we are deciding to stay it out. >> this is everything we have. >> i don't want to get stuck on the interstate. cheryl: next why they are hunkering down. of the company that brought you do-it-yourself furniture showrooms and sweetest meatballs want you to stay overnight. lauren: okay. ikea's latest venture. cheryl: looking at futures, markets are in the green right now with the dow jones up 25 in the premarket. you are watching "fbn:am" ♪ hawaii is in the middle of the pacific ocean. we're the most isolated population on the planet.

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>> the safety of american people is my absolute highest priority. we are sparing no expense. we are totally prepared. we are ready. cheryl: ready or not, here comes hurricane florence with the category storm-- category four storm packing extreme rain and wind. lauren: storm stocks are moving, but investors shrugging off trade concerns with the dow gaining 113-point yesterday. cheryl: looking at futures the dow is up 24. lauren: oil prices also in focus as 69, 62 a barrel. cheryl: in europe stocks opening fire, but now. lauren: different story in asia where stocks were lower continuing the slump in hong song-- hong kong.

cheryl: how about spending the night and a ikea hotel. "fbn:am" continues right now. lauren: 5:32 a.m. wednesday, september 12. good morning i'm lauren simonetti. cheryl: good morning i'm cheryl casone. lauren: hurricane florence is inching closer to the east coast they are trying to clear people from the coastal areas. amid the new warning, shelters might not be strong enough to stand the wrath of florence. cheryl: many still refuse to lead. todd talked to some of them and he is live this morning in myrtle beach, south carolina. todd? reporter: good morning. as you see a lot of the folks here taken a mandatory evacuation

orders extremely seriously boarding up their homes and businesses like we see here. also, look at the road behind me. we have seen a handful of cars, but not a lot of car so far on this wednesday morning. that said, despite the warnings about the storm of a lifetime as they are calling it a lot of people we spoke to said they are not going anywhere. >> i'm going to stay at my dads house and see what happens. this is home. this is where i feel comfortable and right now i don't see me reason to leave. >> we are staying here. we stayed here at matthew wood had a ball right here. i think it will wipe out we will stay right here until it washes the building away. we are not scared to leave. reporter: those that heeded the advice to leave hit the road yesterday with major backups along the south carolina coast. around noon they

reversed the direction of many roads allowing all direction to move out of the area. the sheer size of florence is the reason why appeared the size of wind a life-threatening storm surge ranging from two to 9 feet along the coast is a huge concern plus with an exact path still uncertain officials say people here need to stay on high alert. >> the information about this storm changes hourly and daily and we will continue to track that for our emergency management centers. reporter: people in charleston county have another reason to worry. storm shelters there are rated for category three storm's but all indications show we are expecting a category four storm so a lot of those individuals are going to shelters in neighboring counties. just another layer of borate or folks he appeared to you. cheryl: thank you.

lauren: we are looking at the storm related stocks this morning with many hitting record highs including lows and home depot. generous holdings make electric generators and not more than 1% yesterday. mixed performance, allstate, travelers and progressive insurance of slightly with aig following fight the. cheryl: we are monitoring the potential impact of hurricane florence on commodities. we always talk a lot about oil prices when we have these gulf coast storms and their eggs are threatened. this storm is on a different track. what does that mean for commodities? >> it will knock out power from north carolina probably down to georgia. that is one consideration before we get to that i want to say my company has changed our track. we had the same track for seven days to cape fear so from last

wednesday we had it hitting cape fear alert late thursday night friday and i think i will still happen almost on top but keep fear friday morning, but instead of continuing inland it will turn southwest and come down the coast with unprecedented track. instead of like matthew which came up the coast of this is coming down the coast tickets bought by high-pressure system which means the entire coastline all the way perhaps to savannah could get hurricane force wind. the good news is that it will weaken as it does it. instead of a category for near cape fear late friday night saturday by the time he gets to savannah-- cheryl: you are forecasting-- i want to make clear because we have a lot of different models and we hope this sleep have a meteorologist with different models, but you are saying georgia and maybe some of florida? >> lets me say something about model apology.

the models are only as good as their weaknesses and they have the specific biases. the us model is usually bias too far north and what we have seen now is the european that has shifted his track in line with the building ridge of high pressure that will develop over the great lakes this weekend because that's the first building bridge. folks, what happens is a gets to the coast and then there is a handout to the second line i have seen storms move southwestward offshore. the yankee storm and 35 wound up in florida. so they've done that before. if you look at the track of jenny and 63 she did three loops of the carolinas, so that has happened before, but further offshore so we believe that this will stop right near cape fear. we always thought it would try to stop and start in the coast. if you notice that hurricane center track has been pushed southwest. every time they update

you see a further southwest, so with our track i'm taking it a step further and saying you folks in south carolina all the way to georgia-- cheryl: need to be ready. we are out of time, but even janice said earlier that you just don't know. you really don't know until the storm makes landfall and that's the scariest part. it's always great to have you on your could this is your arena. appreciate your time this morning. >> i appreciate you having me. lauren: us regulators are reportedly unsatisfied with the repayment plan from wells fargo. adam shapiro has that story. reporter: good morning. unsatisfied is putting it nicely. regulators rejected the plan to repay customers that it allegedly cheated and told the bank try again. wells fargo has to do more to prove it's found every single car owner and driver, about 600,000 people who were pushed by the bank into

buying a necessary auto insurance. wells fargo's $1 billion settlement with the federal government requires the bank to repay its car loan customers who were forced to purchase that insurance. another scandal for wells fargo. cheryl: another hit your quest going on with the fcc's review of teen mobile and sprint merger? >> slowdown, but not dead. the federal can medication commission said it needs more time to conduct a thorough review of the informal review to analyze the information from both companies and those companies responded and said we appreciate the fcc taking its time. i have a bridge in brooklyn to sell you. the merger is expected to close sometime in 2018. a formal analysis as opposed to an informal analysis kind of like language in spanish. lauren: like putting together ikea furniture.

>> this is a great story. if you have ever driven near new haven connecticut there is this ugly building that's been abandoned and ikea plans to turn this almost 60-year old concrete office building into a state-of-the-art hotel. the old building, there it is. lauren: it is ugly. reporter: it was designed by marcel brewer not that i have any idea who this architect is. the 20th century architect designed this saying that building was spot 2003 and they have been using it as you see as a giant billboard. in defense of architects in all that we think of it with that cruel-- cool chrome picture that people still buy today. cheryl: i think it will be great and i love that last story. thank you. reporter: you got it. cheryl: we will see you tomorrow we have a lot more coming up. a lot of news breaking.

in a few hours apple will unveil its new iphone. will they bring it closer to the 2 trillion-dollar mark for the company? lauren: then there is this. >> toes are numb. >> this is what our forefathers did seem a can't feel my legs. >> walked out in the woods and picked up a special treat and cut it down with their hands. cheryl: if you want to avoid this christmas season, amazon may have a quick fix for you. oh, chevy chase, love him. lauren: merry christmas, everyone, that's all i can say. . and butch. and tank. and tiny. and this is laura's mobile dog grooming palace. laura can clean up a retriever that rolled in foxtails, but she's not much on "articles of organization." articles of what? so, she turned to legalzoom. they helped me out. she means we helped with her llc, trademark, and a lot of other legal stuff that's a part of running a business.

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cheryl: welcome back. lets get caught up on what's happening with the look at futures. and they are looking hire with the dow jones up 25. nasdaq up 17. the "wall street journal" is reporting president trump is leaning towards the next white house counsel. serves as part of the counsel. the news comes after rumors are out there that he is planning to leave his role as a top white house attorney stomach according to the labor department job openings reached a record 6.9 million mark in july since the start of the year the number of job openings have increased by nearly 12% and a study shows small business owners are more optimistic.

economic indicators reflecting the president's tax cut that rate-- deregulation efforts. if you want to save yourself that trip to buy the christmas tree this year amazon has the solution. for the first time the company will sell and deliver 7-foot christmas trees and yes, they will be available for prime shipping it will cost a little bit, the $115, of the more expensive than a regular treat. lauren: so you don't get sap in the car that's a game changer for a lot of people. a big day for apple fans out there has been avail their new products. stock is up 20% in the past six months, 32% this year and the very first company to reach the 1 trillion-dollar mark. we want to know if the new product news today will get the stock prices even higher. we bring in doug flynn to discuss. .com. are you buying on the iphone is that we may or may not know based on

the rumors or are you selling the stock because you're not a fan of that news or you're worried about trade fears? >> i'm definitely not selling those stocks. most is in existing home because it's already such a large percentage of so many portfolios and everyone knows it if you think about it. its 4 cents of every dollar. if you own tech index is probably an eighth of what you own. it's hard to fight that trend and i think the average cost of an iphone is what's driving the price today. that's what apple's hopeful for, but i'm encouraged by some things behind the pricing in the new model. lauren: when you say the average cost of an iphone i assume you mean apple could still sell them in some instances for starting price of the more expensive model, $1200. you were saying they can still do that and customers will still pay that? >> in a way. as they bring out new models and potentially

rise the price and retiring the older model that is less expensive even the new bottle that will be the cheaper version that comes out let's say the 10c which they think it may be, it might come in at $849 and the regular will be 999 and the upper models while over at thousands of that drives the average price for iphone that people buy across the board and there in drives revenue and some earnings which drives stock prices. lauren: what about the struggles for apple? in india they slap a 20% tariff on companies that don't manufacture locally so an iphone is about $1700 there. how does apple get around instances like that particularly coming from asia? >> even in the chinese market there is low-cost alternatives to it, but apple's margins are 38 to may 309%. in my opinion maybe they need to tighten those a little bit if they will have a situation.

they don't pass 100% of any tariff cost down to consumers, but in the local markets they are considered a premium provider so there's a little bit of cash eight here when you look around no one says you have an iphone like it's exciting. they say oh, you don't have an iphone. over there it's oh kevin iphone. you are paying more for an average earnings people make is much lower. lauren: we have to end it here, but if you follow apple stock your all show following the china's trade for story. cheryl: coming up in sports the boston red sox had a lot more to celebrate than just their 99th win last night, but the texas longhorns not so much. why they are no longer the most valuable college football team. you are watching "fbn:am" o cold for camping?

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lauren: seventeen years after the terror attacks of 9/11 major league baseball continues to remember. cheryl: jared max is here the story. reporter: we shall not forget and in the days, weeks and months after not-- 9/11 here in new york the first taste of normalcy came from baseball and the new york mets to 10 days after the attacks returned and electrified new york and even yankee fans with an eighth inning home run to beat the braves. last night the mets led major league baseball lied-- wide tribute before their game against the miami marlins. all players, coaches, managers, umpires work ribbons on their caps that read: we shall not forget.

moment of silence before the red sox secured their 99th win in the red sox begin the first team this year to clinch the playoffs every action has an equal and opposite reaction. umpires according to the times in london considering the boycott of any future matches with serena williams. one former umpire said they are fearful they could be the next umpire that saturday night they feel no one has their backs when they make unpopular calls. they say everything's bigger in texas. cheryl: it is. reporter: in college football it is according to forbes texas a&m the most profitable college football in america, $107 million in profits last year with revenue amid higher rounding out the top five after texas, michigan, alabama and then ohio. let's have a little fun. you know when a song comes on from the band "rush" people tend to

lose themselves. did you see the baltimore ravens guys sunday at the game? watch this. ♪ [laughter] stephen he has no idea he's on. reporter: this video has gone viral and has been seen like five and a half million times. the unbelievable drummer of rush, happy 66th birthday today. if you ever see me driving in the car, i'm doing the same thing. cheryl: your karaoke by itself is awesome. thank you. lauren: thank you. spew and catch jared's sports reports on fox sports. lauren: we are talking about why some major march-- marketing asia are falling into bear market territory and we will look at the potential fallout and who could be next week come back.

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lure lawyer trade tensions are helping to draw hong kong stocks to a bear market. michael, the shanghai composite, the hang seng, what's going on with chinese indices, it's all trade? >> yeah, trade concerns are on the forefront, the hang seng

dropped over 20% before rebounding quite strongly and that was over similar scares, slowdown in chinese growth which was changing economies. the big question is where we go from home, the moment confine today asian markets, the big concern is if we have to see spillover to europe. cheryl: michael, great to see you, sir. >> thank you. cheryl: once again we are looking at futures, at least we are having positive start to wednesday, of course, stocks in high focus. lauren: and tech stocks, we have weather and we will send it over to mornings with maria. hey, maria bartiromo. maria: good to see you, we have a big show ahead, good morning, everybody, i'm maria bartiromo, happy wednesday to you, it's wednesday september 12th top

stories before 6:00 a.m. on the east coast. the storm of a lifetime we are being told, hurricane florence on track to be the most devastating storm to hit the carolinas in decades, millions of americans are in florence's bath and president trump is promising full support. >> the safety of american people is my absolute highest priority, we are sparing no expense, we are totally prepared, we are ready. maria: tracking the storm's path this morning coming up. businesses are ramping up efforts to fight the administration's tariff plans, the new announcement expected as companies are being impacted. futures indicating higher opening for the broader averages, s&p up 1 and a half and nasdaq up 14 points, fractional moves across the board after gains across the board yesterday nonetheless. dow industrials picking up 114 points at the close, nearly 1

half of 1%. 48 points higher on nasdaq. in europe ftse is pulling back to tune of third of a percent. cac quarante is up a half percent and dax in index up a quarter percent right now. in asia overnight modest declines. apple to reveal new sleight of iphones and what to expect on event and iphone. maybe able to get christmas there. plus the c is for cookie and good enough for one baseball star who wore cleats like sesame street residents. morgan ortagus, james