historic deal with the mexican president. the caravan of migrants won't be permitted to move through mexico. congressman matt gaetz is among our guests tomorrow. >> certainly looks that way to me. very sad. we will be making statement, severe. cheryl: severe indicate deed, rising tensions over death of washington post columnist has weighed on financial markets. lauren: global war fears hitting stocks worldwide, the dow sinking yesterday however up slightly on the week. cheryl: we will see what happens today and if we can hold on numbers. we will be getting earnings from

procter & gamble and honeywell. futures are positive dow futures up 34, nasdaq up 15 and 3 quarters. lauren: flipping screen to europe, stock trade to go downside. cheryl: taking a look at asia, big news out of there, china reported poor economic growth bf a downward slide for china stocks there was jump, government taking big steps to reassure investors shanghai composite ended up 2 and a half percent. lauren: look at that. the lotto grips the nation $1.4 billion up for grabs, you do have a chance but you better know the odds before you buy tickets, fbn:am starts right now ♪

cheryl: we are coming at 5:01 a.m. in new york, friday october 19th, good morning, cheryl casone. lauren: always good to say it's friday. i'm lauren simonetti. pressure on china's economy, beijing is out with worst than expected read for third quarter, second biggest economy expanding 6 and a half percent, however, slowest rate of expansion since financial crisis back in 2009. cheryl: exports rose despite china's trade dispute with the united states, chinese officials try to calm investors saying the fluctuations and chinese stocks don't reflect fundamentals. shanghai come po -- composite down 25% over the last year. lauren: trump administration toughening response of alleged killing of columnist jamal khashoggi after secretary mike pompeo briefed the president.

cheryl: blake berman with the details. >> you can add the treasury secretary to the list, steve mnuchin announcing on thursday he will not be heading to investor conference, writing, quote, just met with president trump and secretary pompeo and we have decided i will not be participating in future investment summit in saudi arabia. tweet came after secretary of state briefed the president on visit from saudi arabia and turkey. the secretary of state would not address report that is jamal khashoggi was murdered and dismembered in istanbul. >> a lot of stories of what has happened. we are going to allow the process to move forward, allow the facts to unfold. blake: pompeo told the president that the saudis should have a few more days to finish up the investigation. when the president was asked whether he believes jamal khashoggi is head, he said,

certainly looks that way and asked about consequences, the president said there could be severe punishment. back to you in new york. cheryl: fox business has canceled sponsorship and participation in the future investment initiative conference in saudi arabia we continue to seek interview with crown prince mohamed. lauren: turkish newspaper reporting that one of the 15 saudis arrived the same day yam jam has disappeared, died in suspicious car accident, 31-year-old man died in crash in saudi arabia's capital, paper says role in alleged killing of jamal khashoggi is not clear. cheryl: president trump is firing up republicans over the issue of immigration ahead of the midterm elections on campaign stop in montana last night, the president accused democrats of wanting open borders, this as migrant caravan making its way up from central america. >> it's going to be election of the caravan, you know what i'm

talking about. all because of illegal immigration onslaught. lauren: u.s. and méxico agreed on plan to stop the caravan. edward lawrence in washington with more. >> good morning, cheryl, lauren, u.s. and méxico developed plan over the past few months to deal with immigrant caravans, under the agreement méxico asked the united nations high commission for refugees to set up shelters along the border of méxico and central america. >> that will allow us to have a process by which in our border we will make sure that observing human rights, respecting international law, if there are legitimate claims to refugee, those can be processed in a very clear way. >> the president tweeting tonight thanking méxico for their help allude to go this plan unfolding now as mexican federal officers arrive at the border.

now as someone in the caravan has proven not to have legitimate claims as refugee they will be sent back, if they have the proper papers for claims for that status, then they'll be allowed to pass through the un shelter, former acting director of ice says this is a step méxico had to take. >> people from central america cannot travel through méxico without transit visa issued by the country of méxico, i'm hoping the mexican officials, law enforcement officers going down southern border are waiting for caravan to arrive and either turn them back and not issue transit visas. >> the president still threatened to cut funding, they are fleeing violence in honduras but also coming from guatemala and el salvador, senior state partner officials say u.s. giving $2.6 billion over the past years and this morning aid may still be cut if the countries can't stop caravan. lauren: secretary of state mike pompeo will be in méxico today and president trump in arizona

today. cheryl: investors looking over two dow components that were out after closing bell, shares of american express rising 1% and company's results beat expectations and raised 4-year guidance. lauren: another dow stock coming in better than expected as losses from catastrophes fell from a year ago, doesn't include the latest disasters that we have seen. take a look at paypal, shares jumping over 7% after the company topped the streets forecast. cheryl: well, if you own funds in 401(k), the story will apply to you, invesco buying from rival, largest stock holder, invesco managed $1.2 trillion in assets. lauren: strong earnings from unilever giving pricing power.

cheryl: tracee carrasco with that story and other, good morning, tracee. >> both reported stronger quarter sales even having to raise prices. it was charging more for beauty and chemical products, nestle raised more on bottled water. procter & gamble raised prices on consumer goods, we will see how that plays out when p&g announces today. it is a little less, tesla taking orders for a 45,000-dollar mid-range battery model 3 that goes 260 miles between charges, that's compared to 54,000-dollar starting price for sedans with the long-range batteries, however, we've yet to see 35,000-dollar model 3 elon

musk first unveiled and promised back in march 2016. lauren: long time ago, anybody feeling lucky, nearly a billion dollars are up for grabs? tracee: if you are not here monday, we know why. mega million jackpot has grown in largest jackpot $970 million that drawing is tonight, tomorrow night's powerball jackpot at 430 million combined total, $1.4 billion up for grabs but before you quit your job, guys, the odds of winning both 1 in 88quadrillion, 15 zeros behind it. lauren: that was my question. tracee: a lot. lauren: good luck. cheryl: sharp losses on wall street yesterday, dow industrial closing more than 300 points in broad sell ah, what is driving

stocks lower. let's ask gary b. smith. >> good morning, cheryl. cheryl: we were down in the session 471, the volatility index, fair gauge we call it at fox business jumped 15% that was the major move, suggesting that investors are climbing the wall of worry, what do you make of what we isn't that true. >> well, i think you that right, it is a wall of worry but, you know, when you get to numbers, cheryl, i don't understand the worry. let's just take saudi arabia, for example, we are all worried about, you know, something, you know, the tensions escalate, there's a major fracture, oil prices go up above $100 a barrel. cheryl: you're doubting this. you're not buying this. [laughter] >> gary b. smith's doubt cultivated over 50 odd years of being in the market. cheryl: okay. >> we only import 9% of oil from

saudi arabia. the other worry is the defense stray crumbles, let's see, we -- they account for about .05% of the entire defense industry, so when you get -- the worry in this case is kind of sell on the news, the old adage, especially true here. i'm looking -- yeah, i'm looking to the numbers, though, and i see when it is selling on the news, when this is overinflated, like worries about italy like we had worries years ago about greece collapsing the world economy, seems there's always a time to buy rather than sell. cheryl: i think you're right. it was brexit and now it's saudi arabia. >> exactly. cheryl: take a look at what happened with some of the bigger industrial names and earnings are being affected.

some u.s. companies, gary, are coming out and saying we are going to be affected by the trade war, that still continues to be a threat, xi jinping and president trump are not going to see each other until the end of november, will we be watching industrials, big-tech consumer stocks still under pressure? >> well, let's talk about the trade, for example, even if every tariff on china is imposed and collected and, remember, a lot of these haven't hit yet. it's only .2% of gdp. right now companies are trying to use that as cover in case earnings aren't good but you said it yourself, you and lauren at the top of the segment, we have earnings for american express, earnings from unilever, paypal, these are all exceeding expectations. we just saw netflix subscriber growth go through the roof and we have new technologies coming, i was just reading about 5g which is starting to be rolled out to major cities, 100 times

faster than 4g, it's exciting to me. cheryl: a lot is going on, gary, the dow is up for the week barely .16%, hopefully we will maintain that. great to see you, thank you. >> thanks, cheryl. lauren: don't go anywhere socialist love story in the making. >> alexandria ocasio-cortez, she's one of the great young political leaders in our country. lauren: is she now turning her back on the burn, latest political snub and what it means for bernie's potential run. nebraska not playing nice at least in next tourism campaign how the state is taking on honesty to a whole new level. the markets are up slightly this morning, dow futures gaining 39, s&p up 4, nasdaq up 18 but expect big swing today like we've seen all week, we will be

right back. winner! that's a win. but it's not the only reason i switched. hi! geico has licensed agents who i can reach 24/7. great savings and round the clock service? now that's a win-win. winner. winner. yay me! oh, hi! good luck. switch to geico®. it's a win-win.

lauren: 5:16 friday morning, futures pointing up after pretty volatile week. nasdaq could be down 3 weeks in a row if it opportunity reverse losses, dow up 39. top u.s. general has escaped an assassination attempt in

afghanistan, scott miller was attending high-level security when armed guard started shooting, at least 3 afghan officials were killed including the police chief, key player in helping u.s. fight war on terror. two americans were also hurt in that attack. alexandria ocasio-cortez, democratic socialist congressional candidate who has spent weeks campaigning with fellow socialist bernie sanders refusing to endorse him in 2020 presidential race. ocasio-cortez says she wants to see what the playing field looks like, okay. and finally, nebraska taking the phrase honesty is the best policy a bit too literally, check this out, the state's tourism commission releasing brand-new slogan, nebraska honestly it's not for everyone, they've also released a bunch of sarcastic ads like these ones showing people enjoying the outdoors where there's nothing to do and we are famous for flat landscape, cheryl, at least they

know how to have fun. cheryl: they certainly do, well, somebody is having fun from good to bad, how activist investor dan lobe is turning up the heat on campbells, he has his own commercial, we will show it to you and kleenix cleaning up its name, rebrand one of the products that's been on the shelves over 60 years, take a look at futures after yesterday's market selloff, another rough day for the markets, we have a positive kickoff the friday, dow up 37, s&p up 4, nasdaq 18 and a quarter. you're watching fbn:am

comcast business built the nation's largest gig-speed network.

then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast.

cheryl, well, looks like they won't get a break, more heavy in texas. lauren: janice dean with the latest, janice, good friday morning. janice: good morning, ladies, unfortunately not a lot of relief for our friends in texas, the rain will shift more to south texas so we will get a bit of break across central texas and hill country but we are getting moisture from the gulf of mexico flood advisories posted especially across central texas and the rain shift towards more extreme west texas and south texas through the weekend, you know, i wish i had better news here, cold front will march through and push most of that moisture out of texas and across the mississippi river valley, also looking at unsettled weekend for parts of great lakes, northeast and ohio river valley, cooler than average across much of northeast and

great lakes where we have freeze advisories, feels below freezing in areas and it's going to be a chilly weekend for much of the northeast, the potential for snow over the great lakes and the midwest including chicago. back to you, ladies. cheryl: that was pretty quick, winter is here. janice: it is, truly. cheryl: thank you very much, janice. lauren: secretary pompeo back in the united states and urging more time of investigation of missing journalist. >> we have long strategic relationship with saudi arabia, they continue to be important counterterrorism partners and we need to be mindful ff that as well. lauren: president trump threatening severe consequences, how alliances with saudi arabia play into the consequences? neighbors to the north, are they more american than us? at least according to democrat cory booker but you will not

believe his reasoning behind this. well the reasoning behind the stock markets small jump this morning is volatility that we see in the month of october, dow futures higher by 30 points, s&p 3 and a quarter after severe losses yesterday, you're watching fbn:am so, they say that ai is the building block of the future. super. but today you're building wind turbines. morning sir. chief, the blade isn't passing quality gate. that's why you work with watson. i detect frictional loss on the midspan. it can detect the tiniest defects from just a few images to help production stay on time and on budget. i optimized the fiberglass finish to reduce frictional loss and maximize airflow. i was also part of the maximizing. for ai that can do more with your data, choose watson. hello. the best ai for the job.

(guard) whacontrolled fury.... freakish intelligence. wicked seduction. these endeavors will rattle your soul... and challenge the contents of your stomach. if that sounds dramatic... it is.

[inaudible] >> certainly looks that way to me, it's very sad, we will be making statement,. >> strong statement, it'll have to be severe. lauren: how severe? rising tensions between the united states and saudi arabia over death of washington post journalist weigh on markets? cheryl: worries about global growth hitting stocks all of it tied together. the dow seeking 27 points

yesterday. lauren: futures in the green, dow up 34, earnings from procter & gamble and honeywell among others. cheryl: taking a look at futures, green right now, europe different story, the ftse, all in the red. lauren: just turned lower. in asia china reporting disappointing growth, jumped 2 and a half percent after beijing took steps to calm investors. cheryl: what are -- what are man-size tissues, why did kleenex change the name? fbn:am continues right now. ♪ cheryl: coming up at 5:30 a.m. in new york, good morning, i'm

cheryl casone. lauren: happy friday, good morning, everybody, i'm lauren simonetti. cheryl: do i need a small tissue or large tissue? lauren: maybe soft tissue because you'll be crying a lot. trade war between u.s. and china is really starting to bite china, beijing reporting that the economy grew 6 and a half percent in the third quarter, sounds like a great number but actually the slowest pace of growth for china in nearly a decade. and the slowdown expected to continue as full effects from u.s. tariffs start to hit domestic economy. we bring in matt, economist at wells fargo, happy friday, mark. >> good morning. lauren: we've got gdp numbers, consumption down, does this weaken china's ability to negotiate with the u.s. in trade war? >> well, command and control economy, they have a lot of negotiating space because

they're not a democratic system like we have here and this certainly -- it does increase urgency. i think that china wants to come to a deal. it also puts -- opens window in how it's likely to impact the global economy, we've never really been in a position since world war ii where we've had another economy this large other than the united states and with china slowing that's likely to reburberate. lauren: some rhetoric is interesting is this including this from vice premier, frankly psychological impact is bigger than the actual impact. do you think chinese investors believe words like this coming from the government as they try to sway the situation? >> well, he's probably accurate but but they are both pretty big impacts, psychological impact is

always larger than actual impact because psychological takes not only information that you've given it but extends it forward. and so that's what his statement was aimed at was trying to tap down those diminished expectations going forward. he's right the psychological impact is larger than economic impact. china is state-owned industries that are incredibly insufficient, they make half of all the world's steel and some of it made with modern technology but a lot of it is made with most antiquated technology that pollutes the heck out of the environment. those types of adjustments will be difficult. lauren: do you think the u.s. has to watch how we play hardball with china, i'm say if you look at big multinationals, tiffany, former coach, when

china slows, consumption is down, we are affected too. >> well, that's all very true, if you look at state economies even it's not uncommon, west coast, of course, the ties with china are very strong but even on the east coast, fastest growing export market for south carolina, north carolina, for georgia is china and so certainly a slowdown in china is going to be felt in those economies but also a price to be paid if we don't modernize our trade relationship with china. our trade relationships, current rules that we are operating under were largely put in place back at the turn of the century and china was much smaller economy, impact on the economy was much less and the current system is not working right. lauren: modernize is a good word, mark vitner, have a good weekend. cheryl: a lot going on this morning, shift in tone towards saudi arabia, president trump for the first time saying he believes jamal khashoggi is dead. and he is warning of severe

punishment if turns out the saudi arabia government was behind murder. jonathan, good morning. >> good morning, cheryl. cheryl: lots of questions for you, first, i want you to listen and get your opinion on the tone from president trump when he spoke about what to do with the saudis, listen to this. >> what are you considering for possible consequences for saudi based on those -- >> well, it'll have to be very severe. i mean, it's bad, bad tough. but we will see what happens. cheryl: do you think that the president seems committed to dealing with the saudis if, indeed, the investigation shows he was murdered by them in. >> this whole situation is so visible, cheryl, world wide that is not as if the president can ignore what's going on. he understands what's happening, treasury secretary mnuchin pulled out of the economic summit coming up in rhiyad because he understood that the gravity of the situation.

so, you know, from here on out the investigation by the saudis and the turks needs to play out and the united states needs to take the right decision in terms of how to address what the outcome is, wherever the chips may fall. cheryl: chips to be falling toward salman, bs, for short, he is aide to prince, now photograph of him in turkey at the same time walking into the consulate, this seems to really point towards the fact that the crown prince knew what was going on. >> yeah, cheryl, the evidence is coming in and some of the stuff is looking pretty darn damming and really what has to happen here is calmer minds need to prevail. for instance, yesterday a bunch of human rights organizations were holding press conference at the united nations calling for the un to begin an investigation

into this matter right away because the saudis are white-washing the situation. well, that may be the case that we will discover that saudis have not done enough to figure out what has really happened here, to implicate those, but we need to allow, you know, sensible minds to come together here because the consequences are huge here. cheryl: jonathan, let me interrupt you, even folks in president trump's own party are saying enough is enough, they want action, listen to mike from texas. >> whether the crown prince had a role i think is a key question here and i agree that we shouldn't just rely on saudi investigation, we should have our intelligence community and fbi intlook this. cheryl: the fbi, jonathan, what do you make of that? >> i think it's important that the united states understand, i'm not saying at all that we should back off and not keep

maximum scrutiny on what's happened here and actually move to do an investigation ourselves if we are not happy that the truth has not been revealed here. absolutely. in fact, maybe even the united nations investigation will be necessary to -- to exert pressure on saudi arabia if they are found to be white-washing, but the ramifications of the outcome here, you know, what happens, what happens to the saudi government as a result of this, all this impacts on many things that affect international geopolitics here in a huge way, everything from israeli-palestinian peace process, containing iran, international trade to the world. cheryl: i know, there's so much. there's so much and in relationship they have been key strategic ally with unrest in the middle east, thank you so much for being with us this morning. >> pleasure. lauren: activist investor dan lobe taking fight with campbell

soup to next level. tracee: we talked a little bit yesterday, activist dan lobe continuing to get campbell shareholders to overhaul board and company, this time with 4-minute video moving from the iconic good slogan to saying that campbell's treatment of shareholders is bad. >> change the board, not a member or two, all of the people. tracee: look at that, wow, the last-ditch effort comes after four descendants, early owner of campbell representing more than 40% of shares say they plan to back the current board. cheryl: it's getting intense how is siriusxm teaming up?

tracee: subscription packages when you buy echo speaker, to listen at homes and not just in cars, in return echo dots to customers who sign up for subscriptions through sirius website. lauren: we were talking about this earlier, how are kleenex tissue sexist? [laughter] tracee: this is a head-scratcher to me. rebrand man-size tissue after rise complaints that that's the product was sexist this after being on shelves with more than 60 years in the uk, tissues will be called kleenex extra large reaction, some people support the change while others argue that political correctness has gone too far. i just want to know they've been

on the shelter for 60 years, why now? cheryl: great marketing tool, i need man-size kleenex. tracee: they are bigger, when they put them on the shelves. cheryl: tracee, thank you very much. lauren: softer side. cheryl: we have a lot more coming up, folks, 18 days away from midterms but tight race for minnesota isn't fazing. >> i was so darn popular, lauren, i doubled margin. cheryl: we will here more from congressman lewis on plans to keeping district red. you won't believe what she's saying now and right now futures looking higher, dow up 53, s&p 5 and a half, nasdaq up 24 and a

half. you're watching fbn:am. your car, what good is it?lace you'd be better off just taking your money and throwing it right into the harbor. i'm gonna regret that. with new car replacement, if your brand new car gets totaled, liberty mutual will pay the entire value plus depreciation. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪

cheryl: welcome back, let's get you caught up on what's happening now, take a look at futures on your friday, big selloff yesterday, let's see if we can reverse that, dow up 62 in premarket, nasdaq 27 and a half. lawmakers will question deputy

attorney general rod rosenstein on october 24th over the special counsel's russia probe in new york times report that claims that he we wanted to secretly record president trump. transcripts of the meeting will be made public. rosie o'donnell on the offensive again, she says she wants to have the u.s. military remove him from the white house, comments coming after the president says he wants to station the military close to u.s.-méxico border as honduras migrant caravan inches closer. cory booker had harsh words for his country. >> i can't stand how american they are up in canada, trudeau -- [laughter] cheryl: potential 2020 presidential candidate claims the u.s. doesn't want to have

better economy by lower tuition. most competitive economy for the first time in 10 years. there you go, lauren. lauren: minnesota most competitive state in the u.s., four are toss-up, congressman jason lewis, i had a chance to speak with him about his neck and neck race. >> congressman lewis, welcome to the program. >> good to be here, lauren. lauren: your race is a lot tighter than you might have thought. >> it's been tight for quite some time. my predecessor won 3 times before he won, in 2016 the president won by 1%, i was so darn popular i doubled margin, i won by 1.7%, we expected tight race in first midterm, all of the money democrats are raising from various special interest is

astounding, this is the party running on citizens united and setting record after record for money and politics, so the hypocrisy there is something to be hold. lauren: speaking of money, let's talk about the economy, national economy is strong and it is in minnesota. you many big companies there, 3m, target, but you have a democratic governor. >> there's concern in minnesota that we don't have the companies and headquarters that we used to, capital is leaving and that is a consistent problem and if you take a look at the growth and parts of country that are not in upper midwest, certainly the south and the areas that have a better tax climate are getting capital and labor, investment so we are concerned in minnesota even though things are good and even though the tax cut and job's act did refund about $3,000 for a family of 4 in minnesota, so it will get measurably worse if we run around and tell people that we will raise taxes which of course

my opponent is doing and i'm not. lauren: you have the farmer support back in 2016 when you won, with looming trade war do you think you have farmer support? >> this is the art of the deal in fairness to the president, if you look at the pending agreement with the eu, if you look at what we have done with united states-méxico-canada agreement, we are making progress. the dairy farmers will have some access to canadian dairy markets, i think that's progress. the farmers are sticking with us. remember, when you talk about doubling the estate tax that is huge, estate tax exemption i should say, that's huge for farmers who wanted pass on farms to kids and estate tax which is bigger problem for estate tax thankfully with the bill that we have allows them to do that in many circumstances. i'm counting on support from agriculture and i think we will

get. lauren: finally health care, senate majority leader mitch mcconnell says if republican keep congress they will go again at trying to repeal and replace obamacare, you say in your district premiums have gone up 3 times, so what would you do, would you vote if you are elected again to reveal obamacare or would you try to fix the current system that we have to bring premiums down? >> no one thinks health care is better under obamacare which we are still under in minnesota. do you want to go medicare for all, socialize medicine, 32 trillion-dollar scheme, doubling payroll and income taxes won't come close to covering costs, eliminate employer-base coverage, medicare as we know it. that's where the democrats are going, socialized medicine. market-base reform that allows prices to float so we can get the young and healthy back in insurance pools to subsidize the sick, that's what need to do and we will stick with that. lauren: congressman lewis, thank you for your time.

cheryl: all right, we have a lot more coming up this morning, the boston red sox and houston astros duke it out for trip to the world series. and lebron james debuts at the los angeles lakers and starts off with slam dunk but it was downhill from there. you're watching fbn:am. whenever they need it nextera energy.

cheryl: welcome back, well, it was a must-win for the defending world series champions. lauren: did they do it? jared max gave 5 last night. jared: am i giving anything away? lauren: you are. jared: won win to get back to world series, 11 playoff career

start, 0-90 record, last night the price was right, 6 innings shut out astros line-up, 9 strikeouts, red sox leading 1-0 in sixth and rafael will go deep against justin verlander, 4-0 boston lead. red sox would go to craig, close things out, final store 4 to 1, they win the series 4-1, red sox in the world series since 204. look at this little guy going, exciting in houston. rooky manager, first puerto rican manager serenated by players. >> happy birthday to you. [cheers and applause] jared: tuesday against either dodgers or brewers, milwaukee

must win, game 5 at fox sports 1. lebron james came flying out of the gate last night in lakers debut, lebron won it and watch lebron comes back, first two dunks with lakers, slam dunks, he had 13 rebounds, but the lakers who were underdogs showed it was going to take some time, lost by 9. cardinals quarterback, rough night, intercepted return for two touchdowns in the first quarter, lost 3 fumbles. it was a fun-flipping night for denver broncos. 45 to 10 final score. [laughter] jared: denver picks up third win of the season. cheryl: full-body flip in the end zone.

lauren: too bad he couldn't landed on his feet. jared: kind of cool. this summer -- i was in new jersey, now you can bet legally and 10 bucks i put it on the astros to win world series and that's all done. lauren: all right, jared, thank you. jared: congratulations red sox fans. lauren: fox news headlines 14/7, siriusxm 115. cheryl: we will get reaction on that one from our good trader in london we always talk to, we will be right back.

cheryl: internal opec report seen by the wall street journal says that rising oil inventories and higher u.s. productions can send oil prices lower in the next few weeks, scott shellady joins us now. hey, scott, what do you make of this report in the journal, pretty explosive? >> listen, i'm not a democrat or a republican, i'm a sensicrat, trade 80 to $100, sometimes you have to take a step back.

energy dominance number one, number two, i don't think the saudi arabia thing would have impact because of dominance, we have the chinese tariffs and what we can do to slowing growth, downgraded gdp, everything is telling you that maybe things aren't as great as they are globally, we won't have the demand we thought we might, we are supplying with great deal of it, if the world is going to slow down, what do you think will happen to oil prices. lauren: scott shellady, enjoy your weekend, appreciate you. cheryl: hopefully he will stay out of trouble. good morning. maria: you never know, ladies, what will happen on the program. thank you for joining us, i'm maria bartiromo, tgif, it is friday, october 19th, before 6:00 a.m. on the east coast,

fighting for gaining, futures showing the markets are up fractionally after yesterday's selloff, dow industrials up 20 points, s&p 2 and a quarter and nasdaq 12 and quarter point this after concerns pressuring markets. all said and done down 327 points, nasdaq worse, better than 2% lower on nasdaq at the close yesterday, in europe this morning italian budget really the story weighing on the region this morning, take a look at the indices there with dax index in germany down 3 quarters of 1% and the cac quarante better than 1%. in asia overnight, mixed performances with the best performer china, up 2 and a half percent, the composite posting strong gains despite report that shows china's growth slowing to 6 and a half percent and lowest

level since financial crisis ended in 2009, breaking news overnight, military helicopter crash, chopper slamming into the uss reagan, several sailors injured, latest on condition this morning. border battle heats up, president trump to stop massive caravan from reaching u.s. border and méxico on board sending police officers to intercept the caravan, two countries working together, plus the lighter side of politics, u.s. ambassador to the un nikki haley taking the stage last night at annual al smith dinner with jokes aimed at both sides of the aisle. >> so this year you want to spice things up again, right? i get it, you wanted indian woman but elizabeth warren failed her dna test. [cheers and applause] maria: more highlights from last night's events, it was fun, that's coming up. tesla