[closing bell rings] liz: erin gibbs, from s&p global. always great to see you. fox business just broke during this hour that chinese president xi xinping had a trip to the u.s. removed from his calendar. melissa: delete that from the calendar. stocks fighting for gains in the final seconds but not making it. the dow closing down 25 points. we were down 225 points earlier in the day. all three major averages down for five straight days. this first time it happened since november 4th, 2016, the time before the election. i'm melissa francis. >> i'm connell mcshane that was a long time ago. melissa: did you delete anything from your calendar? connell: a trip to mar-a-lago to cover the summit. melissa: oh, well. connell: here is what is knew at

this hour. ♪ connell: president trump is making his way to mar-a-lago for the weekend after he visited alabama today. the president meeting with survivors and first-responders following one of the nation's deadliest tornadoes in years. we'll meet with a local official who met with president trump earlier today. the area needs all the help they can get. plus breaking up big tech. senator elizabeth warren with new plan for silicon valley if she is able to move to the white house. not socialism but capitalism? there is another 2020 contender out today defending his call for a universal basic income. melissa: what a great idea. back to the markets, fox business team coverage, keeping track of biggest stories in the day. gerri willis watching all the action from the floor of the new york stock exchange. blake burman is getting reaction

from the white house on today's jobs report. edward lawrence following latest developments on china trade. gerri, we'll kick it off with you. >> these are the best levels of the day if you're an investor. the dow finished down only 23 points. but it is five days in a row the dow recorded losses. weak jobs growth, wow, out of the gate, 20,000 jobs created in the month of february that was punk, puky, you name the p word, that is what it was. we saw jobless rates tick to 3.8%. that started the selloff. best levels of the day, it was a swing of 208 points on the dow. for the week the dow down five days. on pace for its longest losing streak since june 21st. i want to look at the 10-year. the bull market run for a decade. see the numbers because they will inspire you to invest my friends. take a look at the dow, up 289%.

where was it 10 years ago? 6543. think about that from where we are now. s&p up 306%. nasdaq up 484%. nasdaq 100 was the best performer. supercharged high-tech stocks led the way. back to you guys. melissa: gerri, thank you. connell: let's get to that breaking news we referred to at the top. china removing a trip to mar-a-lago from president xi xinping's official calendar, calling into question how close a trade deal is with the united states and china. to the man who broke the news edward lawrence live in washington. edward. reporter: an hour ago chinese removed the trip to mar-a-lago from president xi xinping's calendar. the chinese president will not come to the u.s. at least in march. the government officials are concerned that president trump will walk away from a deal causing president xi to lose face. there is talk of sending a another trade delegation. there was a big step forward.

economic advisor larry kudlow said the chinese had to make the step to stop stealing company's intellectual property. today the chinese national peoples congress introduced a law barring government agencies and employees demanding company secrets. it also sets up a legal system in accordance with international rules to enforce the new law. the new foreign investment act was formally introduced today and expected to pass in the next week. kudlow also confirmed in the last meeting in washington the chinese agreed to enforcement. listen. >> we will get an enforcement procedure which basically says, if you play by these rules, we're fine, but if it is reported you don't play by these rules, then we will have to take action. that will surely revolve around tariffs. the other side will have to sit by and not use tariffs. reporter: the final deal has not been signed yet.

this could ease fears among trade negotiators that china will break this agreement without repercussion. there is calls for the chinese to finish a deal. as it stands president xi xinping not coming at the end of march, possibly working towards an april date. they need to get a deal finished first, according to the chinese. connell: edward lawrence breaking the news in washington. we have michelle gerard and care roth, creator of future file legacy planning system. on the final news that he broke, carol, doesn't mean there is no summit, no deal, the idea maybe the meeting takes place in april or march or is pushed back. it does say maybe this isn't as easy as some people were starting to assume. what is your take? >> first of all i have not removed anything from my calendar. i want to verify that, connell. connell: fair enough. >> we've been saying all along this is a very difficult process and something that is going to take a long time and as long as

we're making strides in the right direction, that should be good for the market. it is interesting on the back of really bad export news out of china today, exports down more than 20% that they wouldn't be looking to do something but maybe that is a negotiating point. maybe president xi xinping wants to put a little breathing space so that is not being held over him. maybe something could move from march to april but in terms of listening to larry kudlow, the fact we are still marching forward in certain places, maybe at least part of the trade provisions can move forward. i don't think it would be concerning to the market. connell: comments on enforcement are whether the chinese agree what he said they talked about, michelle. what carol brought up, those were weak numbers out of china. so the logical kind of conclusion there, people start to say, hey, they need a deal more than us. how do you read it? >> i will say from those who look closely at numbers i think there some question about the

results and timing of the lunar holiday, whether these are just exaggerated by perhaps that factor. i think carol's right, it does perhaps make sense, he doesn't want those to be kind of thrown in his face, to give the impression, or to go into these negotiations appearing to be from a weaker negotiating standpoint, the impression they need it more than we do. the one thing i would say in general my feeling is the markets are taking a lot of this in stride. we do not see the violent reactions to every headline that we had been seeing in prior months. it feels to me like the markets understand it is a difficult process, it is going to take a while to play out but there is confidence that eventually this is going to get worked out and i just take note of the fact we don't seem to be whipsawed now by every word that comes out of a policy is maker's mouth about the latest trade development. melissa: that's a great point.

despite the sluggish job growth in february president trump is remaining optimistic about the economy. fox business's blake burman is at the white house with more details. blake. reporter: melissa, as you know it was a miss on the jobs number earlier today, the second is lowest of the job -- of the trump presidency. 20,000 jobs were created. economists predicted 180,000 jobs. good news the unemployment rate dropped to 3.8%. average hourly earnings rose 3.4% over the last year. president trump pointing to the final two numbers. >> well it's a step. i think you probably find out it averages out. the unemployment rate went lower. we're down to 3.8%. we had very good news on that. i think big news that wages went up. that is great for the american worker. that is something people, i don't they if they ever expected

to see it. reporter: the president made the comments before he left for alabama where he surveyed damage left behind by a deadly tornado outbreak. before his departure, president trump reacted to the numbers, touted the stock market and that investors eyeing the prospect of a trade deal. >> as soon as these trade deals are done, if they get done, we'll work with china, we will see what happens, you will see a very big spike. a lot of people are waiting to see what happens with the china deal. reporter: back to that 20,000 jobs number, melissa, the president's top economic advisor larry kudlow earlier today described that as a fluke. melissa? melissa: blake burman, thank you for that. let's bring our experts back in. michelle, why do you think there was such a huge miss on the estimate? >> melissa i felt the same way at 8:30 i felt retail sales number printed in december, so with odds with most other indicators how the holiday shopping season went. this morning's numbers, i don't

want to tell you what my miss was in terms of the forecast, so at odds with what we have heard and seen in other labor market indicators do not suggest that the labor market fell off a cliff in the month of february. melissa: do you think it was a mistake? >> i don't think it's a mistake but we did, we did see a gain of over 300,000. we had 311,000 in january. like the president says, in this case he is right, we all know better to be looking at trends in these numbers, averages in these numbers. there, if you're looking at 165 odd thousand over last couple months that is level of employment growth that is consistent with an economy growing two or 2.25% which is, this is where we think we are at this moment in time. melissa: oral, carol, could it be that we've we have run out of people? you saw wage growth go up. all i'm ever hearing from employers who say they absolutely cannot find people. like there is something is else

afoot here? we're look at the end of the road. we totally run out of people to employ? >> it is the charles dickens of jobs reports. it is a tale of two jobs reports. on one hand, great wage growth, all the jobs available more than people available. you have bottom unemployment number going down. you have the headline number which was absolutely horrible. i don't know, melissa. certainly we've got a wage, a skills gap issue which is creating a big issue, but it could have been weather. it could have been furloughed employees. it could have been a misprint. there are a lot of things it could have been. it is such and a anomaly. we have to wait until the next month to see what the trend line is. the whole skis ban issue is a -- skills gap issue. whether trades, manufacturing, engineering, we don't have people with the right skills. at some point that will come home to roost. melissa: it is totally perplexing. i bet steve forbes will know a

little bit the later. michelle, carol, you guys are fantastic. >> thanks. connell: he always has a way, that steve forbes. melissa: i bet he knows the answer. connell: it is kind of confusing, or perplexing. we'll dive into when steve forbes comes up we'll get his take on the perplexing jobs report coming up. melissa: bizarre. president trump touring the hardest hit areas in alabama following the tornadoes that destroyed lives. our next guest is the mayor of smith station, alabama. he just met with the commander-in-chief. we'll bring you that after the break. connell: triggering a highest avalanche danger level. we'll tell you what officials are saying now. whoa. ♪

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connell: president trump visiting lee county, alabama, surveying damage and meeting with local officials and victims of a deadly tornado. fox news correspondent jonathan serrie on the ground in beauregard, alabama, on the ground and join us from there. reporter: after taking a helicopter tour of the damage across lee county, the president and first lady took a walking tour of one of the neighborhoods that suffered some of the most devastating damage during sunday's tornado. they met with some of the families who lost loved ones during that sunday night or afternoon twister. it included the family of sheila creech and martha lynn grimes who died in the story. mr. grimes's 10-year-old daughter remains hospitalizes. she was not well enough to attend her parents funeral. the daughter's 10, taylor thornton, who was over for a visit, and died in the storm,

family and friends held a funeral service for taylor this morning. after touring the devastation, president trump visited a church serving as staging area for releft efforts. he met with volunteers and first-responders, thanked them for hard work following the hours and days of tornado of the he praised governor kay ivey for her and link of disaster. we have live shot from smith's station, 20 miles away from us, still in lee county, you can see recovery efforts are well underway. the president's visit is receiving praise from the other side of the aisle in alabama. alabama senator doug jones, a democrat, said such visits have a way connecting washington politicians with communities in need on more intimate and enduring level. as we come back to the live shot in beauregard. you can see the debris on the ground, the concern is more severe weather predicted this

weekend. although the worst storms are expected to pass to the north of us, even moderate winds could scatter much of this debris, hampering recovery efforts. back to you. connell: awful stuff. jonathan serrie live for us. melissa: joining us on the phone bubba copeland, the mayor of smith station, a alabama. he just met with president trump there. first and foremost, how is your town doing? >> we're still in recovery efforts right now. we have the alabama forestry division here. organizing them one day. 700 one day, 300 one, 500 day people cleaning up roads, top of people's houses in front of people's houses. we have long way to go. we need a lot of volunteers, especially experienced volunteers with heavy equipment and chainsaws around the area to

help us dig out. melissa: what was it like to have the president there? >> it is very nice. he was very personable man. with his wife and brought a bunch of staffers with him. senators were here. ben carson was here. alongwith senator shelby, senator doug jones, congressman mike rogers and the governor was here. so were other dignitaries. very nice for them to come by, to bring attention to it. that is what got us on the radar to declaring a national emergency. that is what we really needed. we have, smith station alone, we have 40 people displaced. we have 70 homes that are damaged. these funds and then coming brought attention to that. it will in turn bring us a lot of help. melissa: at times like this some people say that, you know, they don't necessarily think it's a great idea for the president to come because of resources involved in safe guarding him and welcoming him. as somebody who is there trying

to clean up and pick up, is it better to have him come by? >> well you got to understand too, with alabama we're very red state and by him coming it was encouraging to a lot of the people and for him to come and spend time with the people. it was just kind of, way i looked at it, it was like a father figure. a lot of people looked at father figure to come, spend time with each one of us, that i care. i have done everything i can. i will continue to do everything i can. i love you. i love you, alabama. i love you, lee county. ii love you smiths station and beauregard. it didn't feel like a distraction. of course it was an inconvenient a short period of time. he was in and out, i would say a fatherly gesture. melissa: where do you guys go from here? what has to be done? >> for the next weeks and months digging out, putting debris on the side of the roads, getting it cleaned up.

helping people that are displaced find hopes until their homes are fixed or rebuilt. some homes are beyond repair, a lot of them are. so as these people come, i mean, over next couple weeks an months it will be day by day as we try to help people recover. melissa: mayor, what do you need from everybody else who may be watching. >> if you're able to get here i understand that, go to donations. city of smiths station to donate or united way of east alabama or lee county tornado fund and go there to donate. however you can donate to the people of east alabama recover from this storm will be greatly appreciated. a lot of these people have lost everything, including clothes, shoes, medications, glasses, every single thing, cell phones can't be found. so they will need a lot to make themselves whole again. what we're asking people from all over the nation to help with. melissa: mayor, we're looking at

pictures of the devastation. our thoughts and prayers are with you. we wish you the best. thanks for coming on. >> thank you so very much. thank you. connell: some devastation, really is. starting from scratch literally for many people. melissa: yeah. connell: taking on big tech. senator elizabeth warren looking in her view level the playing field breaking up biggest companies in the world. huge technology companies. we'll have fallout from that next. the white house continuing its push to denuclearization north korea. a former president offering to help. ♪ ♪ ♪ move to the enterprise-grade cloud that's built to handle all your apps. ♪ ♪ the ibm cloud.

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their favor. time to break up the companies so they don't have so much power over everyone else. to talk about it deirdre bolton and "axios" reporter david mccabe. deirdre, give us some nuts and bolts what the senator wants to do. >> the difference senator warren is proposing a how-to plan. she is complaining about big tech for sure. others have done the same. senators klobuchar and also senator sanders but the difference between senator sanders, excuse me, senator warren, she is saying first of all step one undoing all mergers she is saying we'll separate facebook from what's app. facebook from instagram. she is saying amazon whole foods deal should be undone. the google-nest deal should be undone. she is saying you can't be a market place and sell products on the same site. that is obviously targeting amazon. and the third point she is making companies should not be able to share user data and

certainly not sell user data. that last point, i think everybody is moving in that direction anyway, but the undoing of mergers that's really the headline. connell: she has a rally in long island city, queens in all place which may ring a bell for amazon fans. david, you wrote about this on "axios" today and called it the most significant technology proposal that has been thrown out there so far in the campaign. so talk about it from that perspective a little bit. >> well that is exactly right. i think as deirdre alluded to, there is movement towards cracking down on the power of tech giants for some time, but that is in the content debate. antitrust regulation, break up power of these companies, using the power of the government to do that always been the furthest away because it is really, really hard to do what she is proposing for several structural reasons. that is why this is so significant. connell: anyone on the industry

side, david, i will ask deirdre similar question, anyone on the industry side who there is chance to happen? >> many people are still figuring it out. we're a long way away from the first primaries and caucuses let alone the election. so there is a lot that can happen but i think absolutely people are noticing it for one particular reason. it may become a litmus test for the people in the democratic field. the simple test, should you break up amazon, should you break up google, should you break up facebook? is that a new window of debate -- connell: that is the point, deirdre, all these other candidates will be asked about it, elizabeth warren, whatever you think about her does set trends in this regard. >> also the most extreme statement out there, right? no matter how many other people are complaining from either side of the aisle how tech is not responsible all the time with our data, nobody is coming out right saying these companies need to be broken up. we do have nyu professor, scott

galloway, for example, he is saying it, he will tell everybody, he was a hedge fund manager. he made a lot of money in the stocks, with a little bit more perspective thinks it should be broken up. his reason something slightly different. there is overlap on one point. he says it is very difficult for example, connell, if you wanted to start the next facebook or next amazon right now he is saying that the environment is such where you couldn't do it. that all of these big companies have really sucked up all the oxygen in the room. most people that i have spoken with say, highly unlikely to the extent that these companies would be forced to undo mergers but a lot more people saying that you could see the u.s. moving towards the same kind of regulations that europe has imposed, gdpr, those have been in place since may of last year. that essentially sets up punitive fines if the companies are found to misuse data. connell: we'll be talking a lot about this as the campaign continues as david alludes to. deirdre thanks. good to have you on again. thanks. >> sure. melissa: the bull market turning

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alabama and tornado damage there, exiting air force one moments ago with first lady melania trump to spend the weekend at his resort, mar-a-lago. melissa: american employers adding fewer jobs than expected in february. larry kudlow, president trump's top economic advisor says there is one important story not to be missed. >> in the wage story is very promising. up .4 of a percent. now 12 month change in worker wages. 3.4%. those are all kind of break-through numbers. melissa: here now is steve forbes, forbes media chairman. what do you make of this number? first of all, why were the estimates so far off you think? >> because you get thesesnal adjustments. also too, you have the small businesses hiring. there are two numbers to look at, melissa. you have the headline number, that was the 20,000 but there is another thing and only government could be this convoluted called the household survey is where you unemployment

number is based. the household survey said the job creation headline was big, the household number was disappointing. you have to look two tore three months where this will sort out. it is true businesses are having a hard time hiring people which is why wages are beginning to inch up. i look at both numbers. both numbers say, wait a couple months to get a real trend. melissa: household survey, don't they use a landline for that? i haven't had a landline for that in 12 years. >> they do but do whatever they can to get ahold of you. but it is much more volatile. when you call a business, they can tell you how many they have laid off or hired sort of thing. household a little dicey. households are better at new businesses because the new businesses are not on the government radar yet. so they didn't called or surveyed from the bureau of labor statistics in same way. in the last year household

survey shown job increase of about 1.7, 1.8 million, pretty good at this stage of the expansion. again we have to see what happens ahead. the fact that small business surveys show in the last month confidence is extremely high, that many more businesses are going to be hiring rather than not hiring, i think it is a good indicator for the future. connell: while we're here, steve, hit you up on couple other topics. we have the longest bull market in the u.s. history. we celebrating a birthday tomorrow. gerri put the numbers up in the last hour. ridiculous how much money made in stocks the last 10 years. >> that is something very important, a lot of people, millions of people missed much of this bull market precisely because they let emotions rule. the real axiom for the stock market, if you feel good, don't, if you feel bad do it in terms

of investing. emotions are your enemy. most people miss that because they took money off the table n march, 2009, people were very pessimistic. so they missed the real turn. but the key thing is, in looking at the future, if we get a trade deal with china, despite awe the hoopla whether xi is coming here or not i do think there is going to be deal. when you get the deal, people know what the rules of the game are you have much more confidence in investing when you know the landscape than uncertainty we have now. connell: edward lawrence, reported that xi xinping, president of china will not come here in march. maybe it will be april. the point is things are delayed a little bit. we're not 100% what the holdup is. they want president trump to get up and walk out on a deal. you say they will get one done. did you hear what larry kudlow said about enforcement today? that is interesting to me the idea if the chinese break whatever deal is in place, there will be enforcement mechanism

where we put tariffs back on, that is what the u.s. says. that china won't or can't retaliate. can you see them agreeing to something like that. >> no. what i see chinese pass laws for what they're worth, we will pass a law that we said we never did in the first place. connell: that is exactly right. >> you don't need enforcement mechanism, you need u.s. to enforce rules already there which we have done inconsistently over the years. if they know we'll go after individuals like huawei, companies, bad banks, actually do it, knock some of them out of the ring, that means enforcement. that is better than putting sales taxes, tariffs on each other. connell: you've been trying to convince everybody of that at the start. thank you, steve forbes. melissa: always brilliant. we love it. a push for universal basic income. democratic presidential candidate andrew yang proposing to give $1000 to every american

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>> i'm ceo and business person and i'll tell you putting money into people as hands good for businesses good for the economy, good for markets this is not socialism. this is where capitalism where income doesn't start at zero. all things we taken for granted about capitalism are changing. we have to evolve with the

times. connell: capitalism versus cap tillism, something like that. entrepreneur andrew yang. one of dozen candidates vying for the democratic 2020 nomination at least. trying to differentiate idea of universal basic income or concept of or theory of socialism. bring in civic forum pac chair ford o'connell, former obama campaign regional director robin biro. ford looks angry already. i was going to start with robin. no. he is smiling. you heard what he said. capitalism or income doesn't start at zero. go ahead. >> there are two types of economies, market driven, aka, capitalism, and government directed aka, socialism. what he is proposing a prong of socialism because providing disincentive to work. this universal basic income comes from his belief automation will displace american workers f he was truly worried about the disemployment of american workers what he would be talking

about providing credit to send people back to school to retrain them. for him to say capitalism is not working that is nonsense. in 191940% of the americans worked in agriculture. today 1 1/2%. we're at full employment. jobs are changing, jobs will be there, only question where they are in the economy. connell: you bring up a good point, what are the skills for the job, debate and discussion we should be having. whole idea after program that gives people money. give them $1000, say it is not socialism. now i guess, we do have programs like that, that help people her, that for for people. we have food stamps. if you get rid of the programs, replace it with this, is it much different than we have now? what do you think? >> you bring up a great point, connell this, worked in some countries, european countries. we have this right now in alaska, but that is paid for by

the oil reserves on federal properties. if you ask the question, is it socialism, who is paying for this? if we divide this up among everyone in the united states we would be paying it out of our taxes. connell: we could probably debate all this stuff. there is what the whole thing would cost but i wonder if your party, the democratic party wants to do that? is this what they want? they want whole debate how much of a socialist are you? are you really a socialist? do they really want that? >> andrew yang, i never heard that name before honesty but doing himself a service here setting apart from the crowd by talking about this. we're talking about it now, getting his motive across. but no, i don't think that majority of democrats want this right now. it is something we're just now discussing, but look, this didn't pass in switzerland by almost 77%. do you honestly think it stands a fighting chance here in the united states? connell: probably not. i bet the president, ford loves

this idea this keeps coming up. this idea we're for socialism, are we really? is this socialism? that is playing right into his hands in many ways, don't you think? >> the president loves idea of capitalism versus socialism debate. let's understand why. the reason is very simple. the brand of socialism as robin points out is extremely toxic. in latest fox poll, only 25% find it favorable. that said what the democrats are pushing individual socialist policies, whether free government-run health care or free colleges, regulating banks basically into obsecurity. they are trying to duck, dodge, tackle that term of socialism, yet that is exactly the policies they are pushing. republicans doesn't understand that if they don't find a better way to message this, this could creep up on them really quickly. connell: some of the individual programs are quite popular. >> popular. connell: ford, thanks. robin, good to see you as wells. thanks, guys. >> thanks, connell. melissa: new reports surfacing that north korea is rebuilding a

rocket launch site. now president trump is responding. we're bringing us his comments. that's next. but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. to be nobody but yourself in a world which is doing it's best to make you everybody else... ♪ ♪ means to fight the hardest battle, which any human being can fight and never stop. does this sound dismal? it isn't.

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>> time will tell but i have a feeling that our relationship with north korea, kim jong-un and myself, chairman kim i think it's a very good one, i think it remains good but i would be very disappointed if i saw testing. melissa: president trump commenting on relationship with north krien leader kim jong-un amid new reports that the rogue regime is rebuilding a missile launch site. joining us lieutenant colonel daniel davis. military expert. thanks for joining us. what do you make of these reports? >> i think it is unfortunate.

that they're having any activity there at all. and i certainly agree with the president it would be very disappointing if they started getting into more testing. we need to communicate the united states is in the drivers seat. our conventional military keeps the united states safe no matter what kim jong-un does. kim jong-un will eventually need sanctions lifted far more than we do. so time is on our side. we still have the cards because as the president correctly said recently, we're not in a wash to do this. melissa: how much credibility to do you put on that work is going on a rocket facility. >> that is open intelligence sources that something is going on. there we don't know what it is, what the intent is. quite a bit of debate what the

message they are trying to send. because they know firmly satellites are watching this. so they intend for this to be seen. not clear what their purpose is. melissa: let's explore that a little bit. could they, could this be sort of a threatening posture? maybe it is going on or it isn't. but the whole idea is to create this attention and get this conversation going so they look, like, forget it, we're not that involved in this conversation? >> see they don't have the luxury of doing that. i'm sure they're trying to send a message for us to possibly give more sanctions relief or something else they want but what they are not really taking into consideration we don't have to have a deal because our deterrents keeps us safe for a long -- indefinitely. and they have to have sanctions relief if they will want to go develop their economy the way that they desire to do that. the only way they're going to do that, if they continue moving towards the direction of peace. that's what the united states

needs to do. our es about policy keep pursuing things that move towards peace and lowering tensions. if that takes longer to do, that is fine, we remain safe. kim has to come across, to at least move in our direction, if he wants sanctions to be considered to be released. melissa: but at the end of the day the real question is, can the kim regime keep a death grip on power if they give up their nuclear powers? they say you can't spend if you're dead. do they think they can retain power? >> that is so far down the line, because they're not giving it up anytime soon. that should be very clear. anybody who has expectations that -- this will happen in the near term i don't think that is realistic f we work towards possibly normalization of relations, you know the lower of tensions and possibly even, possibly like exchanging diplomatic liaisons because everything that communicates that we're working towards peace

and we're moving towards diplomatic areas lowers the tension because the bottom line we need to keep us safe. melissa: colonel davis, thank you for your time. we appreciate it. >> always my pleasure. connell: they're in high alert in colorado, the state declaring the highest level of avalanche danger as conditions become more and more extreme. we're live in denver after the break. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade.

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>> officials to increase the avalanche gauge that they have to the highest possible level. fox news correspondent alicia acuña live in denver with the latest, alicia. reporter: colorado avalanche information center has elevated danger level to extreme. that's very rare. so far this season, there have been 2,000 avalanches and the average per season is 3,000, interstate 70 and highways have been closed off and on and even tow trucks bringing out to help are getting stuck. the snow gets so compacted it's like cement. avalanche mitigation which is crew setting explosives to release snow pack, avalanches are triggered mostly by people on snow mobiles and people who have moved to ski lines into backed areas. meteorologist chris tomar say it is recipe for avalanche has to

do with snow layers and recent storms. >> there are different temperatures the snow consistency is different. one storm can bring wet snow and another colder with snow, the bonding to have layers is going to be different and each storm puts additional pressure on the existing snow pack. >> the colorado department of transportation says this highway was shut down after avalanche covered it. the department tweeting, this has never happened, earlier this week, a family caught in avalanche in interstate 70, they were all okay, what a shock to them. connell, more snow is on the way and considering the danger, asking folks to reconsider heading to mountains this weekend, a lot of colorado folks may hear new snow, they don't hear the message that it's dangerous. connell: man, that video is unbelievable. >> really is.

connell: it it actually happene. melissa: on that note. connell: that's right, thanks for joining us, have a great weekend. >> taking a sledge hammer to silicon valley, presidential hopeful elizabeth warren unveiling her plan to break up the biggest names in american technology. hi, everybody, this is bulls and bear, so glad that you can join us, david asman, adam and gary b. smith, senator warren issuing a threat to the tech giants in a statement that reads in part, today's big-tech companies have too much power over economy, over society and democracy, they have bulldozed competition and used private information to profit and playing field against everyone