mixing in good ballots with bad ones. that's it for us tonight. tomorrow night please be with us. we'll see you then. >> america is survive and thrives on trade including trade with china. so you know americans are having to deal with this. we know companies have to deal request tariffs i think many of the business community is just a matter of time before this policy is put aside. >> well it is not put to the side just yet as u.s. china trade concern and selloff in big tech drove the dow down more than 500 points at one point yesterday, closing down about 400 and futures down 171 this morning. nasdaq futures giving up 1%. and fallout continues this morning after the arrest of nissan chairman carlos francis finance minister weighing in on

the the future at rano u.s. senate war sending down and 2% losses in choin and hong kong. on your tuesday, also losses the cac 40 and dax saw pressure in the red. thjts holiday season would you boycott gift giving altogether? how some americans are getting around this santa spending stress. fbn:am starts right now. [laughter] >> santa spending stress that's a new term we night need to use over next five weeks lauren. i don't know. >> difficult to say but i certainly have it. and spending stress. >> a lot of people do good morning everybody. it is 5:01 a.m. new york november 20th. >> good morning everybody i'm

lauren simonetti. >> we start with breaking news out of europe a police officer has been stacked in brussels. the suspect described only at this point as male and that man was shot by responders on scene. injured officer is in the hospital with nonlife-threatening injuries. police there say they don't have a motive but they're not as of now calling it terrorism. a belgium newspaper, however, is reporting that man shouted allahu akbar at time and been under tight security since the 2016 terror attacks that killed 32 people and get more details we'll bring them to you this morning. a selloff this morning for futureses and we have a setoff yesterday drag downed by renewed concern about apple and tech stocks an trade tenses between pus and china. take a look here dow closing down 395 points yesterday we bring in david nicholas president of nicholas ian wish grad to discuss. good morning, gentlemen. all right trades and tech are two head wins for this market. what's the bigger headwind in

your opinion, ian? >> i guess for a l they're talking about cut thing some orders from the suppliers but i think that what apple and tim did last earnings call saying please don't judge us on sales like this but they want to move it a different model to get money from wealthier consumers to spend on their phones so they want to not be valued in that sense but everyone manufactures in china so it is hitting everyone the sail so that's hit everyone equally. >> so you're more concerned about tech and tech wreck that we've seen on wall street. the past few months. >> well i think there's a little bit of a difference, though, they hold platform facebook twitter snapchat all to the starngd of growing users per month. but they're not able to charge more for their service per se. apple has a premium product almost a luxury brand so they can charge more money and have a terrific business and make money in their services so altogether is unfair. >> i'm looking at this tech brk

and asking because some of the techs are in bare market territory will morgan stanley david came out with a reality check in note to clients yesterday they said e we're already in a bare market. do you think that? david -- >> well i think for tech, i mean there's a triple threat facing tech you've got global slowdown you've got rising rates and trade tensions with china that is all boated horribly for they can this year. but i think that the future still bright for tech. i just think we have to get pasted headwinds namely trade and get a deal with china i think it will rally to all time high over next six months so i think we're undervaluing the effect that this trade issue has on u.s. tech company companies but like apple a lot of upside for the stock. i just think we have to get past headwinds that we've seen namely related to trade. fnght trade deal with china would turn around this market ian but if we don't get that

what else could turn around this market? >> i kind of focus on the tech sector and believed that it is future of the world and i do want to separate these companies because facebook is not affected by the trade so much. they're more of a company that makes their money off alphabet and apple makes hard goods so technology but everything in the world is becoming a technology so i wouldn't necessarily, you know, where to look from here but that's why exciting growth was coming from so i think through some m and a something else to get excitement in the sector. >> looking for that new leadership and i wonder as we look down the pipe and we see regulation coming for these tech companies was that regulation looks like and how investors would feel about that. david. >> and i think that's actually one of the reasons we saw facebook stock that hit so much. the issues they've had with cambridge analytica with russian meddling they're asking what is the cost going to be to a company like facebook to

actually police these afnghts on their platform so i think it is a very real question for investors facebook is trying to get ahead of it as much as they can but there's cost to that. i think you see that drag on overall stock price. >> we are today. many of the stocks still down and premarket trading another rough day fasten your are seat belts thank you for your perpghtive this morning. >> thank you. well also this morning -- the fallout continues on the heals of arrest of carlos scone in japan for allegedly underreport aring a salary and financial misconduct and go to chairman until yesterday but led french car maker rano and he should no longer leave that company as company ceo an chairman. his border meets today to discuss an interim replacement for him with nissan set to fire him later this week. his arrest also raise aring questions about future of the nissan alliance which sells more than 10 million vehicles a year.

and word of the arrest in jap hitting asian stocks pretty hard shares of nissan closed down nearly 6% today, in fact. yesterday, in fact. well china taking another shot at the u.s. and this ongoing trade dispute the foreign ministry blaming the u.s. for failure of age of pacific summit to reach a communique u.s. tell gats attended apec and blaze of anger vice president mike pence said u.s. would not back down from the trade dispute. and might even double tariffs unless beijing vowed to u.s. demanding so harsh rhetoric out of the administration it was first time in 25-year history of apec that the summit ended without that formal joint statement. >> so it is affecting markets as well and also in the markets, maybe folks aren't looking for risk are anymore. because of value of bitcoin fallen below 5,000 for first time since october of 2017 this is seen as a risky investment.

selloff cools amid speculation that increased regulatory scriewtny will prompt issues of coin offerings to liquidate bitcoin is a volatile cryptocurrency last september and nearly hit 20,000 bucks that means price has ul paen by 75%. >> you can buy stuff with bit kin and we're going to get earnings this morning from some big retailers with black friday days away. as is the start of the critical holiday shopping season so this is who is reporting this morning lohse, target best buy, tjx, and kohl's they released their latest numbers analysts are looking for target, tjx and kohl's to post double digit increases from a year ago. after the close we're going to hear from gaap as well as foot locker to set the tone for trading today. >> big day for retail earn orings also we're going to be hearing today from campbells soup they're reporting. tracee carrasco joins us with that story and other headlines making news hey tracee. >> while number lbs important

the focus will be on any comments made about a whole or a partial sale of the company. as campbell and billionaire investor danielle have been at odds about the future of the company. analysts expect earnings per share to be lower and earnings projected to decline by 15% year over year and revenue is expected to rise. shares of campbell soup are down 19% so far this year. >> and, obviously, they had a big ceo change this year as well a lot of turmoil at campbell soup where is john rice returning to ge. >> one the top executives returning to oversee restructure of its troubled power division and help provide a little bit of stability to the company. rice who spent some four decades at ge retired last year after rice are new role will be as chairman of the ge gas power business. shares of ge are down 54% so far

this year. ouch. >> okay. apparently spending money as we do holiday shopping stresses us out. ening that's right almost half of all americans about 45% have felt pressure to spend more money on holiday gifts than what they are comfortable with that's according to a new survey by bank rate.com. survey also found that 22% regifting something they would do to save money while 13% said they would rather boycott gift exchanges altogether those feels most pressure around holidays women and parents. >> of course. yeah, well -- the gift exchanges can be annoying because it is hard to sometimes find something appropriate in the set amount of money that you're supposed to spend they stress me out. they can be very is stressful i agree with you. thank you. thank you very much. well let's stay on holiday theme bauds holiday season officially kicks off at -- kicked off excuse me at the white house yesterday.

as president trump and first lady melania receive a national christmas tree. today trumps are going to welcome peas and carrots to lucky turkeys to take part in the thanksgiving pardoning ceremony following tradition peas and carrots spent night in presidential suite in luxury d.c. hotel with their favorite foods and they got spa treatments. president trump will pardon turkey before they head off to live out rest of their lives in a sanctuary in virginia. the president then heads to mar-a-lago to spend thanks giving with his family. >> those are are pretty birds i have to say. let's attack a look at how stock futures are selling off this morning after the steep selloff we saw yesterday technology taking the brungt here. nasdaq down 3% yesterday, and it is down 1.1% this morning. dow futures down 3 quarter of one percent that's a 181 point decline. coming up a federal judge there's a major wrench in president trump asylum order as reports of criminals are traveling with that caravan.

>> this caravan has been -- has been different not only just because of its size but because of the violence that criminal element in the caravan. the use of force. we're going ask what administration move is to secure our border and if there weren't enough problems facing house hoing industry well new york city mayor bill de blasio says he wants his city to rule the roost fbn:am continues after this. insurance that won't replace the full value of your new car? you'd be better off throwing your money right into the harbor. i'm gonna regret that. with liberty mutual new car replacement, we'll replace the full value of your car. ♪ liberty. liberty. liberty. liberty. ♪ (tonand all thro' the house. 'twas the night before christma, not a creature was stirring, but everywhere else... there are performers, dancers, designers the dads and the drivers.

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let's get you caught up on what's happening right now. futures significantly to downside and nasdaq 74 points dow down 173. three people are dead after gunman opened fire at a chicago hospital the juan lopez shooting and killing ex-girlfriend in the parking lot before running inside and shooting two others. responding officer as samuel is one of the victims killed he was to chicago police department after 18 months. he leaves behind a wife and three children and killed unclear who pulled that trigger. well white house is preparing to add venezuela to state sponsor of tourism list and internal government e-mails sited in washington post. the move could limit u.s. assistance to the nation ruled by associatist leader and sear

why also on that list. ivanka trump lawyer slamming a report that she used her private e-mail for government business. the post claims the white house advisor may have violated federal rule the by using her personal account to communicate with white house or cabinet officials. spokes spokesperson for trump lawyer emphasizing to the hillary clinton e-mail scandal saying that with ivanka there was never any classified information transmitted and know mails were ever deleted. and nancy pelosi bid to reclaim her title as house speaker could be far from secure in a new letter 16 house democrats promised to oppose pelosi run. the letter honors pelosi political legacy but says it is time for new leadership and vowing to vote against her in a democratic caucus meeting and own house floor but we don't know who wants to replace her as house leader. at least one or two names

floating around would be a good idea at this point just a thought. all right lauren thank you very much and to this now, on the housing market. fresh da it out today the congress department going to be releasing october housing start. the economist forecasting construction crew broke ground on 1.23 million home last month a slight improvement from september. when stocks fell more than 5% but builders are taking a precautious approach these days for on the health of the market bring in housing and not a lot of it good but let's start with really the nahb survey that knocked market down yesterday and i wonder if they overreacted in your opinion. >> stock market overreact ared to it and there's this belief that housing drives the economy which isn't really that true if you look at the last recovery we have that ended '08 houses played a big role but this did not and if there aren't new housing started it won't cripple the economy. >> regulation politic always play into housing as and here in

new york state our bill de blasio came out and said he believes this is his socialist tendency he admitted more government control and he would love it if city controlled all property out there. >> yeah that kind of shock you a little bit that he said that? >> it didn't shock me that he said it but it is, in fact, shocking. but taking all of the property in new york and making it public i don't think i don't think so that's the way our society works but one thing that is interesting there's a lot of land that cities own, and one of the big things that's holding back housing market is fact that land prices are high so cities actually took that land and actually gave it to private sector to build housing that would create more houses so i think -- mayor has to back way around -- other way around. it has be backwards believer me i know developers that could do a lot. let's talk about holidays they have a new holiday survey out that talks about thanksgiving and there's a big jump from 2016 on amount of people shopping for

thanksgiving you guys found. >> shopping on thanksgiving did i and 50% of the people doing it on their mobile phones. so instead of watching your dallas cowboys tomorrow or on thursday, well it shall [laughter] they could be shopping what is interesting is why because there's so many deals now that deals are starting earlier normally it was black friday. it is actually been black november. and the reason is it is all trade related because all of the the retails pulled it forward buzz they're worried about paying tariffs on it if it was imported so they don't want to be stuck with it so starting sales earlier so door buster dealing available last week or on thanksgiving day. >> also they're dealing with higher wages folks have brick-and-mortar store that's a real estate story there that is still not playing out so well. it is a lot. tied together mitch thank you very much. that was good to see you. >> we'll be watching cowboys lawn over you.

>> well hopefully investors will spend, spend this morning on wall street we need to turn red arrows around dow futures are sinking 175 points and s&p down 21 nasdaq down 75. don't go anywhere. buzz we have more news ahead, the wildfires they continue to devastate state of california. as millions are still trying to get out of the harms way. >> she got me out in front just barely got tail feathers burnt but barely jot run those flames they came from all four sides at once. latest on relief and lighter note, when you hit the road to get your thanksgiving dinner on wednesday, you may have more than traffic to worry about. a warning that you need to hear, coming up.

>> now to california's dever stating wildfire 79 people have been killed 700 are still listed as missing as camp fire continues to burn in northern california. and rain storms are expected to hit the region starting tomorrow. senior meteorologist janice live in fox weather center with details. janice they rain but that could be dangerous right? >> absolutely so yeah short-term is great because it is going to help firefighters bring some moisture into areas that are still burning. the bad news is, a lot of rain could cause the potential for flash flooding and mudslides especially across the burn area. because the water can't get into the ground so that's the being issue and we're talking about quite a bit of rain are especially for northern california central california, and the mountain snow. so a good news bad news situation for california. we'll watch that story. our other big story is the cold air that's going to sink

southward towards the nest and new york city could have the coldest thanksgiving in 20 years. here's the radar right now, we do have potential for a little bit of snow across the great lakes and interior northeast, and as we head into thursday, temperatures in the teens and 20s and windy conditions as well for macy's thanksgiving day parade so watching that weather as well. ladies back to you. >> janice thank you very much. you can watch it on television in your living room. all rightlet fake a look at u.s. future this is morning after, of course, yesterday big selloff. dow futures pointing to another negative opening down 148 s&p down 18 nasdaq down 66 and a quarter. still ahead this morning, president trump never misses a chance to tout his booming economy. >> maybe it's best economy we've ever had. america now has hottest economy on earth. make america wealthy again. but between trade concerns and another stock market selloff as

assigned highs could be changing. and a parent aren't stressed out enough trying to get their thanksgiving plans in order now their teenages are adding fuel to fire with a new viral turkey challenge. you're watching fbn:am. today, there are more sensors on our planet than people. we're putting ai into everything, and everything into the cloud. it's all so... smart. but how do you work with it? ask this farmer. he's using satellite data to help increase crop yields. that's smart for the food we eat. at this port, supply chains are becoming more transparent with blockchain. that's smart for millions of shipments. in this lab, researchers are working with watson to help them find new treatments. that's smart for medicine.

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apple really is the economy, you can't understatement how big, how important this company is to the stock market certainly but just the economy at a large. these are stocks that led market up they're leading market down, and at this point i still think they're falling knives to be avoided. >> those falling knives cutting any chance for a quiet shot holiday week for traders is apple's weakening iphone demand help drive yesterday's big selloff. no relief this morning futures

down across are the board. dow is down half of one percent nasdaq down 1%. chtion trade concerns in fallout from nissan ceo carlos arrest hitting stocks in asia all of the major averages there in the negative. no relief in europeing to turning to downside as well worst performer is german market down 1.8%. if you're too scared to brave chaos of the grocery store or forgot one ingredient for the gravy or stuffing, have no fear. amazon is here. >> of course they are. fbn:am continues right now. ♪ it is 5:30 in the morning in new york tuesday november 20th gorng to you i'm lauren simonetti. >> good morning everybody i'm cheryl casone. well you saw it on your screens yesterday. technology stock took a big beating once again as investors dumped apple facebook and other

former market and nasdaq composite tumbling 3% yesterday. big worry, of course, is apple which nearly nearly went in bare market territory let's bring in michael lee wealth portfolio and lee, owner chief analyst of disruptive tech research. guys, good morning. >> good morning. okay lew it was a lot about apple yesterday. their suppliers as well taking a hit them pulling become on production it's about iphone what's going on with apple and do you think that this pressure is like kind of a sign of things to come for rest of the year? >> look, i think this is all a lot of anticipation of what might happen in december. but december hasn't happened yet riewght, the iphone all about holiday quarter and we haven't gotten sales numbers yet so intro with swrawn thon saying economy is all about iphone that i think might be a stretch. this bull market is all about iphone so how stock performs is influencing her markets. >> apple is down so far 15% for month of november and it wasn't

with just apple we're talking about -- you know, forecast and we're talking about the fang stocks in general this whole sector which really had been a big piece of the bull market, folks are really starting to get nervous about riskier conditions and hitting technology stocks hard why? >> what we've done is entered a new volatility regime that means what we've been having is likely to continue going forward. when you have more volatility like this traders and institutional investors have a -- have a lower bar value at recognize to play with. so their pocketbooks are smaller and less likely to be able to ride waves in and out and quote unquote buy the dip so i don't think this is going to stop and what i just say about apple is -- we've been hearing supplier concerns for year and years now. what feels different this time is that -- apple is going to stop giving us specific iphone unit sales. so that lock of transparency combined with these concern combine with lack of growth

we've seen them for last in quarters make them difference. lew is right we'll see. but i don't know. >> you have core those are suppliers all under pressure, you know what lew i want to ask you about something else a big story here is trade concerns between the united states and china. and that what happened in and tension frankly between u.s. and china. you know if you look like a chip maker sure they have a strog hold in presence in the united states. but china is really safe for them that's the biggest market you've got intel sells big in china. these technology companies could be really at risk if we get -- don't get anywhere with the the chinese and things get worse not better. >> no i agree with with you especially for chip manufactures we're in a pressure cooker right now as trade tensions continue to mount. we need the relief valve to be released to see these stocks come back into favor. i mean you look and mention it is off 50% from its high so you know that's a description for as

a tech wreck and seeing slowdown in a l but starting to get to a point where some evaluations get attractive apple -- below 15 times earnings and starting to come in line below 20 tiles earn physician this continues much longer i think you see value investors step up into the tech sock sector. >> you can't say supply in china michael because -- look they want to overtake us when it comes to artificial intelligence they've got a big long-term plan, and these companies are saying look at this market isn't the u.s. it has to be oversees. ivelgt look trade tensions with china they're not going anywhere for a very long time there's a lot more gong on here than a tariff here and there i so expect that to be a factor here on this, and to touch on lew's point see valuation of some of these are are getting quite reasonable so google we're looking at 20 plus% revenue growth so top line growth. you know trading and roughly 20 times earning so they'll get

cheap. i don't know if it will ever be cheap but some of the other -- >> i'm glad you brought it up because it is about opportunity if they fall to certain level a lot of folks like you were saying time to look at buy. michael and lee leave it on positive note after that selloff yesterday. thank you very much. >> thank you, cheryl. i hate to ruin are party trying to end on positive but i have a headwind for market to discuss right now. trade tensions between washington and beijing mark is wells fargo security director and senior economist. good morning. >> good morning we're seeing harsh rhetoric from both sides making investors so nervous here what calms nervous is, of course, a teal and in short-term what if president trump pulled become on increasing already existing tariffs in january expected to go up to 25% what are chances he says let's leave them the way they are? >> i think there's -- a decent chance that they do that. but they would have to get along at the -- at the g20 and come off with --

come out with an groament they don't have to iron everything out. i really don't think that the traitd tensions are going to go away that we cannily because -- we have to do something on intellectual property the chinese and all of this inefficient industrial capacity that really needs to be shutdown because it is booming out of the world and all state subsidized it wouldn't stand on its own no oh country in the world has that. >> you're sayingover hang of the trade are issue even though we have the meeting next week between the two lead percent of both countries in this dispute this overhang is here to stay for foreseeable touch because issues we're negotiating are so large and difficult how do invests force play in the meantime? >> i don't know that it is going to be as -- as heavy a burden as it is right now. i think that -- that we can -- there's plenty of room for both sides to back off a little bit. that chinese can commit to doing a lot more of the things that

were jot lined when they were admitted to wto and shutting down some of this insufficient capacity so there are steps that both sides can take that would have markets in a significant way, and we can still get a -- still get a santa claus rally of poem worried about that but trade tensions weigh on the the economy. and -- dges do you think fed can placate market here. we've heard from many fed officials, kind of suggesting that fed might back off its course of three interest rate hikes next year maybe dial that down to 2. what are your expectations for this fed? >> they've already dialed back their tightening because the tightening is not just raising interest rates it is also that are rhetoric and their rhetoric after the september meeting wases -- hey, we've got a lot more -- a lot more rate hikes ahead of us. and we may raise rates even more than we have they were trying to sell their strategy to the bond market to get yields up and they

overdid it and backed off of that. they said there's data and with economy softening i don't know rate are hikes that right now are a sure thing. >> but flocking into treasury we have seen yields go up six days in a row so yeah we'll see. thank you very much for joining us. good to be with you. well consumers -- continue to cut the cord ditching their cable subscriptions. tracee carrasco has that story and into headlines making news this morning. not surprised tracee but this number is pretty big. >> in the past quarter more than one million consumers canceled their cable tv or satellite subscriptions that's one of the largest seasonal drops ever increasing pressure, even more on those paid tv providers to make money in other ways. however, it may be a lost cause according to new figures from roku number of hour streamed in 2018 jumped 63.to 6.2 billion

hour roku reported nearly 24 million active accounts up 43% year over year. share of roku are 14% so far this year. >> surprising what streaming revolution that like roku is getting hit like that. how did taylor swift help fellow knew cigs? signed a music group and republic records and with it she used her star power to lobby for more money for other artists under her new label in instagram post who shared that as part of her new deal she asked for one condition. that would help ensure artist are paid fairly for their spot if i presence she was really stuck on that and wanted to make sure that was happening. >> amazon wants to help you make your thanksgiving dinner help in a lot of ways but yeah amazon is ready to help with thanksgiving dinner until that last minute amazon is offering quick grocery

deliver fry from whole food store in chicago and other cities until 2 p.m. on thursday. and new survey shows that about 16% of people preparing holiday meals will order their groceries online half of them for the first time i'm cooking this year so it is good to know. good luck. you forget thing that's the problem and that's where amazon can help. tracee thank you so much. thank you. well we've got a lot more coming up, the game lived up to the hype. the faceoff between l.a. rams and kansas city chiefs leads to highest scoring "monday night football" game ever -- you've got two possible super bowl teams on the field there, and curlers are sometimes known to grb a cold one before a tournament to loosen their elbows but one gold medalist and teammate took it too far. jared max has all of your sports coming up. you're watching fbn:am. ♪

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so there's a new prank going viral ahead a of thanksgiving driving mothers crazy. the challenge says that, quote, texture mom -- [laughter] makes a sound effect ask how long it takes to microwave a 25 pound turkey and then folks have to post results one twitter users said after she asked her mother called her idiot three time that's what i would hear. one mom responded wrap it in

foil put to feed the the fire department they spontdzed to challenge saying that microwaving a turkey is actually possible but you might want to find a small turkey if you want to do that. >> i can't they asked her mother but her mother didn't fall for the trick. all right "monday night football" game for the ages jared max who was hyped up as possible super bowl preview. >> it lived up to that jared wow what a game. i hope everybody stayed up late for this one. a whole lot of scores not much defense like last super bowl right no team had ever scored 50 pontes in a game and lost. until last night -- fourth quarter nla rams up 40-47 jared strips that halen bring it is 43-40 chiefs but rams come right back. jared goff and touchdown since jared 47-44 ram still nearly 10 minutes to go. patrick mahomes six touchdowns

and also five turnovers first ever with number luke that but rams come back and it would be a 54-51 win for los angeles on that touchdown pass gerald everett what unbelievable night 54-55105 points in the nfl game first time they score 50 in the game four and fourth quarter. we saw history last night. baseball trade, the new york yankees inquire left handed starting pitcher james big maple from british columbia they get a trio of prospects say good-bye to chief long time logo now gone from all indian uniforms team revealed new alternatives yesterday. speaking of rebranding, colorado spring sky socks rookie league affiliate for milwaukee brewer's have being a vibe complete with a smores mascot. canadian gold metal winner ryan

fry e jengted from red classic in alberta this weekend for allegedly being extremely drunk. >> yeah. they posted that photo before with their team corona 2.0. not smartest move on twitter guy. jared thank you, though. smart sports with jared on fox news headlines 24/7. siriusxm channel 115. don't go anywhere we have a selloff on our handle dow futureses are down. s&p down 17 and nays dock down 66 coming up democrats taking bite to ask ag matt whitaker to course do they have a case? while you were sleeping a federal judge throw a major wrench in president trump's asylum order what it means for the battle at the border, next. [ phone rings ] what?!

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welcome back let's get you caught up on what's happening right now. futures after big sell you have another one is coming today dow is down 138 and premarket and s&p down 16.57 nasdaq down 64 point. three senate democrats are suing to block matt whitaker appointment as acting attorney general. assignment is unconstitutional, since whitaker was not confirm bid senate they want a federal judge to remove hl from post immediately but justice department says the appointment is legal despite democrats suggesting otherwise whitaker appointment does not alter his authority. well the white house has new rules for the press after the dispute involving cnn white house cor spongt and journalists allowed one question each and only given a follow-up as a discretion of the official if

the white house also dropping efforts to revoke a press pass cnn says its lawsuit against administration is no longer necessary. well massachusetts is now the 7th state to permit sale of regular rational marijuana and hoping their doors to public for first tile today. town and store officials expect historic day to be met with historic crowds and estimating thousands are going to come in to get in on the action that's just what's happening now. >> well federal judge has stocks and trump administration from refusing asylum to this as new poll indicate most americans think migrants should be given opportunity to enter the u.s. for more on what all of this means, we bring in jesse jane duff for policy research, jesse, good morning. >> good morning. >> so after the district judge

john ruling what happens now? >> well i expect that trump administration will take it further. i wouldn't be surprised if this goes to the supreme court. this goes to show you that your appointments matter this is an obama aa pointed judge and i feel that this is going to be something that trump administration is beginning to challenge vigorously. >> in the the meantime we are seeing, obviously, the number of my immigrants trying to come into the u.s. that number is going down we toangt have official numbers just yet after most recent numbers buts most people at the border are saying numbers are lessening. ling well maybe they are because of a serious threat that we have imposed upon them now by having our military base at the beard and also a lot of americans although that poll says that many want to see them give the fact is that -- it was only a poll of 802 people. i don't know that we give us a good senate shot of what americans feel 09% of the fentanyl confiscated in 2017 was over 2,000 pounds that was an

enough for every american to overdose. 98% of the drugs heroin, and cocaine comes from that southern border. so we're looking at a massive amount of criminal activity we also know that over 10,000 children were coming over the border for human trafficking in 2017 so this is a threat not only to those that are coming over but the children that they're bringing with them. >> and their fears like that and also fears that this caravan of my immigrants could rush border is the reason why in san diego biggest border crossing they closed all traffic lanes coming into the country. >> yes. they also have a red light system there that you can press a button and it will stop all ports of entry that are down there. there's not they can only process 100 people a day. so many of these people will be put in some type of detention fill. this is not the way you want to come into the united states. you want it come in legally, not illegally and when you're rush aring a border and then you demand special treatment it is like you're trying to have your kick and eat it too. it doesn't work that way with

u.s. law. white house is sending that message jesse sorry we have to cut it short but we appreciate you as always. good morning. >> thank you. >> well we have a lot more municipal this morning, british prime minister theresa may fighting to save the brexit deal on the table with the eu and she's also fighting for her job. we're going to ask a trader in london if may will stay. (toni vo) 'twas the night before christmas, and all thro' the house. not a creature was stirring, but everywhere else... there are chefs, bakers and food order takers. doctors and surgeons and all the life savers. the world is alive as you can see, this time of the year is so much more than a bow and a tree. (morgan vo) those who give their best, deserve the best. get up to a $1,000 credit on select models now during the season of audi sales event.

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cheryl: british prim mine -- minister theresa may vowing to move forward. especially for her can she get the deal through or would she stay or go at this point? >> the answer to your first question is not at this moment, it doesn't look like she will get the deal through given the parliamentary arithmetic. weekend meeting of euro finance ministers to talk about the deal and actually putting mp's, what they said what they are prepared to vote for. in a moment we are in a standstill, almost like a phoney

wall while both stake out relative position. the big question is where do we go from here and at the moment it's all up in the air. lauren: i want to talk about carlos goshn, formed major global alliance, nissan, mitsubishi, is it up for grabs? >> i think so. this fall from grace if we can tall -- call it that is repercussions for the company of renault but also nissan. the press conference from ceo, he was critical of the governance of nissan and the whole group and i think overall there need to be significant

investigation as to how he was able to get away with this for so long. cheryl: michael, great perspective. >> thank you. lauren: thank you for joining us, we will say good morning to maria. maria: happy tuesday to you, good morning, thanks for joining us, i'm maria bartiromo, it is tuesday november 20th, top stories right now just before 6:00 a.m. on the east coast. global markets in selloff mode once again. take a look at futures, pointing to day of wall street, down 164 right now, two-thirds of 1%, s&p 500 down 3 quarters, 19 points lower and nasdaq down 77 points, better than 1% lower on the nasdaq this morning. take a look at sharp decline yesterday, this wasn't the worse, the market closed off of the louse of the day, dow and s&p 500 falling roughly 1% on the session. the real weakness was in technology, the nasdaq was better than 3% on the session,

320 points lower yesterday. check out declines in biggest technology stocks yesterday, the leadership on the downside facebook was down almost 6%, netflix down 4%, i'm sorry, almost 6% as well. those are the worst performers on the day, apple, amazon as well as alphabet all very low. sharply lower yesterday. global markets following the u.s. this morning, $42 on the financial times, cac quarante 45 points lower and dax in germany down 104 points lower about 1% right now. china was down better than 2% on shanghai composite and hong kong hang seng. leader from france to japan are looking to take action following the shocking arrest of carlos goshn retail earn negotiation focus this morning, target,