maria: all right. i want to thank everybody for joining us this morning. dagen, jon, gianna, good to be with you this morning. thank you so much. have a great day, everybody. compassion, kindness, respect. see you tomorrow. "varney & company" begins right now. stu, take it away. stuart: law and order, maria. good morning to you. good morning, everyone. there is no peace this tuesday, june 2nd, despite a heartfelt appeal from george floyd's brother, the rioting and looting continued overnight. one police officer, shot in las vegas. he's fighting for his life. four shot in st. louis. they will survive. a sergeant shot in new york city, another one run over. roving gangs got inside the iconic macy's store in herald square, new york city. that's the store featured in "miracle on 34th street." there's broken glass in city centers all across this country and you hate to say it, but there is now a riot fence right

in front of the white house. curfews did not stop the rioting. four days in, the violence is not under control. now, in a couple of hours, two hours, to be precise, the president and first lady will leave the white house and motorcade to the shrine of st. john paul ii. yesterday, he walked to the fire-damaged st. john's church. he was taking back the city but was criticized heavily for taking a hard line on the rioters and the use of tear gas to ensure the president's safety. the president said security, not anarchy. the nation remains on edge. the anger is building. america surely does not look kindly on anarchy. now look at this. the market, up again. evidently investors do not believe that widespread urban unrest will hurt the economic recovery. the dow looks towards a gain of well over 100 points, up 10 on the s&p, up 18 on the nasdaq. now, we have not forgotten the reopening of the economy.

it's actually speeding up and we are going to cover it for you. "varney & company" is about to begin. stuart: there you have it. that is the president taking back the streets of washington, d.c. as he and his top aides, including his daughter ivanka, son-in-law jared kushner and attorney general bill barr, walked from the white house across lafayette park to the historic st. john's church. parts of it, burned by rioters the night before. park rangers and military police surrounding the president as he walked. president trump then held up a bible and made brief remarks to the press calling looting and riots acts of domestic terror. he vowed to put a stop to the violence immediately and call in the military if necessary. into the night, protests regained steam in the district,

past the 7:00 p.m. curfew. the majority, though, peaceful. as for the media reaction to the president's actions this morning, i want to bring in ashley webster to cover it all for us. ashley? ashley: yeah. good morning, stu. well, the "new york times" and "washington post" both were very scornful, calling this visit to the church last night just shameful photo op. let's look at the headlines. "the washington post," inside the push to tear gas protesters ahead of a trump photo op. the "new york times" saying tear gas clears path for trump to visit church. it's clear what these articles are about. "the washington post" said the president favors brute strength and fears looking weak. they say that that photo op that they call it last night just poured accelerant on a raging fire. all it says for just a very awkward photo opportunity holding a bible in front of a fire-damaged church. now, while this was going on, george floyd's younger brother

terrence, who lives in brooklyn, by the way, traveled to minneapolis to the site of his brother's death. obviously a very emotional time for him. but when he went on television, he called the violence unacceptable and not worthy of his brother's memory. take a listen. >> if i'm not over here wilding out, if i'm not over here blowing up stuff, if i'm not over here messing up my community, what are y'all doing? what are y'all doing? y'all are doing nothing because that's not going to bring my brother back at all. ashley: yeah. he says if i'm not doing this protesting, why on earth should you be doing it. all of this overshadowing the memory of his brother, he says his brother was all about peace and called him a gentle giant. so much going on but there you have the reaction to the president's visit to that church and also george floyd's brother

calling the violence unacceptable. stuart: got it. ashley, thank you very much. now, the markets clearly so far today ignoring the overnight rioting. stocks are going to open higher again this morning. look on the left-hand side of the screen. plenty of green. now look at the airlines. talk about reopening the economy and the economy coming back. the airlines are bouncing back one more time. all of them in the green again today. they had a terrific week and are up again a bit more this tuesday morning. you could say exactly the same thing for the cruise lines. beaten down, beaten way into the ground in march and april, bouncing back now. you've got carnival back to $17 a share, up 2%. 3% up for norwegian and up 1% for royal caribbean. mike murphy is here. come on in, mike. this rally suggests, the one we are seeing today, the one we saw yesterday, suggests the riots have little impact on the economic recovery. you buying into that? >> stuart, i'm completely buying

into that. you know, you look at these riots, we have a real issue in this country and there are deaths that happen that are very negative, obviously, but how that impacts the overall economy, this is a couple of nights. the president will get this under control with the help of governors and mayors. the rioting like it has in the past will stop, and the market is focusing out next week, next month, next quarter, and the backdrop of all this is we have stopped talking about the coronavirus pandemic. we stopped talking about cities being closed. cities across the country appear to be opening. that's what the market likes. the market likes the fact that we are going to start -- after this recovery which we will get, we are going to start talking about reopening the economy, in the face of all this horrible activity that's taking place in the riots. stuart: well said about the horrible activity. as i was coming into new york city this morning there was broken glass everywhere. streets were blocked. it was very difficult to get around. you are a new yorker.

tell us, how do you feel? this is a personal thing. how do you feel about what's going on in this great city, new york? >> yeah. so i'm a new yorker, i have lived here my whole life. my parents immigrated to new york. i'm raising six children in new york. i feel like we have two very separate issues at hand. when you talk about police brutality, i'm completely against that and i stand with anybody who is against that. but when you talk about mobs rioters, gangs, ganging up on our new york city police or police across the country, i'm completely against that, too. i teach my children that i want them to be good to all people, whether they are black or brown or purple or green or white. they should treat everyone the way they want to be treated. what's happening to new york city's police right now is just absolutely a disgrace. i have never seen anything this bad in 47 years -- 48, sorry, 48

years in this city and it's really heartbreaking to me but i think we need leadership to help bring people together and we have to call out the negative on both sides of this argument. there's a lot of negatives out there. beating up, dragging, killing, robbing, stealing, lawlessness, all of that has no place in the united states of america or new york city. stuart: well said. stay there for a second, mike. i will get back to you in just a moment. i want to look ahead to friday's jobs report. this is something else the market at this moment seems to be ignoring, because lauren, come into this, the numbers when we get them on friday are going to be absolutely terrible, aren't they? lauren: awful. eight million jobs expected to have been shed in the month of may, while the unemployment rate will surge to 19.7% but stuart, if there is good news, it's this. that could be the peak, the 19.7 unemployment rate. the data was calculated until

the middle of march and since then, we have seen these lockdowns ease. evidence that this could be the worst is in the manufacturing sector. look, in april, 1.3 million manufacturing jobs were shut but as the country reopens and lockdowns are lifted, we are expecting, still a bad number, but only 400,000 manufacturing jobs to have been shut. so as we come out of this downturn, goods producing sectors and companies will likely lead the way. i don't want to overstate it. i do know that factories are still shut and they are not producing as much, but this could be the worst of the data that we get on friday. stuart: got that. let's go back to mike murphy. why isn't a near 20% unemployment rate that we expect to see on friday, why isn't that hurting the market? explain. >> well, i think it did hurt the market, stuart. we got a massive correction of 35% a few months ago, because we saw the market looked forward

and saw what the coronavirus pandemic could do to the market. but now as we are getting past that, we are going to look back to this, i'm talking strictly markets here, not lives lost and effects on humans but from a market standpoint, we are going to be back open, up and running sooner than a lot of the negative projections gave us. so that gets companies back to earning money, to making profits, and that's why the markets, we talk about it a lot, you and i, markets are going to new highs in q3. the reason is the administration's going to put the pandemic behind us, we are going to put the looting behind us and we are going to get back to the united states of america building a strong economy. stuart: i can't wait. mike murphy, thank you very much indeed. i just have to check a couple stocks quickly for you. dick's sporting goods reported earnings earlier. kind of a mixed bag. same store sales down 30%. online sales, more than doubled. the stock is up 3.7%. land's end, i will call this a lockdown loser. they reported a 17% drop in

revenue compared to last year. their online sales were down as well. the stock is up 3%. look at this. gun makers, way up again. gun sales usually surge when you've got this kind of urban disturbance going on. all of them on the upside again. they were up yesterday as well. here's another winner. axon enterprises. susan, come into this, please. they were way up yesterday. they make tasers, don't they? susan: they were called taser until 2017 and they are up some 20% since last thursday. the rise has added about $1.2 billion to its value, its market capitalization so it's now worth over $5 billion. they still get 50% of their sales from the stun guns and the other 50% comes from sensory sales. think of the body cameras you see on police. this company makes those cameras and a lot of people are getting bullish on this stock. that includes oppenheimer. they say the company is one company that could benefit from

any efforts to reform police forces across the country. they expect sales to rise and analysts expect sales to rise up 30% they say over the next two years. stuart: by the way, coming up in our 11:00 hour this morning, the man who cofounded axon, he put taser on the map, basically, he's got a new company. that gentleman there, tom smith, will be on the show today. he's got a new product which could help the police in their current situation. futures still show a gain, triple digits for the dow, up about 100. you know it's been quite the busy month for tesla's chief elon musk. so he's taking a break from twitter. we will explain. look at facebook and twitter together. facebook has a virtual walkout by some employees on its hands. they want zuckerberg to censor the president. and twitter, they fact-checked the president but they gave a pass to antifa. they cracked down on the president but not violent anarchists. what planet are we living on?

police officers under attack across the country, rioters ignore curfew orders, looters continue to target businesses. we've got reporters on the ground looking at the devastation left behind. we will bring them to you after this. save hundreds on your wireless bill

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stuart: the news is grim. the riots continue but i want to focus on what happened here in new york city. looters targeted the iconic flagship macy's store in herald square. now the city has changed the curfew hour. last night it was 11:00. tonight it's going to be 8:00 at night. now take a look at the shocking video, an nypd officer in the bronx attacked by several men. onlookers recorded the incident. they yelled obscenities. they encouraged the attackers. not far away, another officer run over by a speeding suv.

he is now in serious but stable condition. that's new york city, this is getting a lot of attention. bricks, pallets of bricks appearing out of nowhere near the protest. this was in new york city. we have seen this across the country. there are theories that outside groups stockpiled weapons to stoke the violence. let's go back to macy's, the flagship store in new york city. kristina partsinevelos there. what are you seeing this morning? reporter: stu, i'm at herald square. we will go to macy's in a second. i wanted to show how quickly, a lot of this is being boarded up. this is sunglass hut. you mentioned bricks, stones, hammers. that's the only way you can break this type of glass. it's not even the glass, they are breaking through all of these planks. across the city, it's very very depressing. i have spoken to several people about it, depressing, can't believe it, disgusting, because they are taking advantage, loot ers attaching themselves on to

the protest. i'm at the iconic macy's. it is boarded up. hopefully we have that video of actual looters inside and then one of them getting arrested on camera. we caught that from our sister station fox news. that video just happened last night. i'm just going to shift a little bit now so we can start to see some of the other area. it's not just macy's. everywhere, to set the tone for our viewers that are thinking okay, it's new york city, small or big cities. everywhere is boarded up. last night, police officers had to go from location to location just to stop the looters and thieves that are trying to break into the stores. now they are being boarded up once again. i will throw it back to you. stuart: thank you very much indeed. that's new york. let's move on to the chicago area. peaceful protests there, largely, last night. it was a different story in the suburbs. that's where grady trimble joins us. what are you seeing this morning? reporter: well, stuart, there

kwer concerns that the looting would spill into the suburbs. that's what we are seeing. this clothing store, the windows are smashed in. i will say compared to some looting we saw in the actual city of chicago, they are not taking as much stuff from these stores, mostly damaged windows. what we are also seeing this morning is dozens and dozens of volunteers from this suburb of naperville coming out to clean up. this is lou malinotti's, one of chicago's iconic deep dish pizza places. their window was busted in. you can see how many people they have helping with the cleanup this morning. there was some violence in another suburb. 60 people arrested, two people killed. we are heading there next to see what the damage is like there. stuart: we will catch up with you later. thanks, grady. now, prosecutors in d.c. dropping felony riot charges against dozens who were charged over the weekend. they dropped the charges. judge napolitano is with us. was this political, judge?

i can't believe they would drop felony riot charges. >> well, you are going to get even angrier when i tell you who made the decision to drop the charges. there is no u.s. attorney for the district of columbia confirmed by the united states senate so a doj and attorney general bill barr appointee is the acting interim u.s. attorney for the district of columbia. she decided to drop the charges. so i'm going to speculate that her decision was not based on politics, since her mindset would be like the person who appointed her, the attorney general. i'm going to suggest to you that there was an absence of evidence that caused her to drop the charges. look, at the scene of a riot, police have to make life and death instantaneous decisions. they first want to protect themselves. they second want to protect those who are lawfully there like the press and people who are peaceably assembling.

third, they want to stop the violence. fourth, they want to gather evidence. now, if they stop the violence but don't gather evidence, these people will be arrested for 24 hours and then back on the streets to do their violence again. stuart: you know what this looks like, judge. >> they dismiss these cases for lack of evidence. it looks terrible. it looks horrible. stuart: it looks like you can get away with it. >> and to continue what you are doing. stuart: yes, it looks absolutely terrible. how do you stop the rioting if the rioters are arrested but not charged and set free? how do you do that? deary me. >> well, the police need to, again, it's difficult to do, they have to do it consistent with the constitution, meaning they should take pictures. their body cameras should be on continuously so there is some recording of what the human beings that they're arresting did, and they give those recordings to the prosecutors. now, if the decision to let them

go was political, if it was made by the mayor of washington, a notorious opponent of the president, in order to embarrass the president, that of course would be reprehensible. that would be malfeasance in office, the refusal to do your job. the 106 people you are talking about were in federal court. the mayor has no say there. that decision could only be made by the acting interim u.s. attorney but it's a head scratcher. the police are experienced in d.c. there are federal cops there as well. they all know that an arrest without credible lawfully acquired evidence is meaningless because it will only last for 24 hours. stuart: i got it. judge, always a pleasure. thanks for joining us. appreciate it indeed. the market opens in three, four minutes. we will be on the upside. we will take you there after this.

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stuart: two and a half minutes to the opening of the market this tuesday morning. we're going up at the opening bell all across the board. check the stock price of apple, please. we brought you the story yesterday. they are going to be producing in volume their new iphone come july or august. dan ives is with us. are you expecting big sales this year of the new apple iphone?

>> yeah, we do. this is really the drum roll into what's going to be a linchpin product cycle for apple, especially as we go into holiday season next year. just to put some numbers around it, 350,925 th,000 worldwide. china ironically continues to be a very big [ inaudible ] for apple despite some of the dark storm clouds. stuart: have they cut the price of iphones in china? >> they have. that's important because when you think about some of the numbers, they have 60 or 70 million iphones in china that are in the window of an upgrade opportunity. that's going to be about 20% of overall upgrades for apple. that's why right now, it's starting to see a rebound into the second half, not just in the u.s. but especially in china. you put all that together, some of the parts, $350 is just the

first stop. i could make the case you could have a $400 stock even though many of the haters continue to hate and yell as this thing continues to go higher. stuart: we hear you. please stay there. i want to talk to you about tesla in just a couple minutes' time. apple premarket down a fraction, $1.30 at $320 per share. we open up this market in less than a minute. it's tuesday morning. we are going to go up at the opening bell despite the appalling backdrop of our great cities which are still in riot mode, i regret to tell you this morning. all across the country, we've got broken glass all over the place and we have showed you the pictures from herald square in new york city, where the iconic macy's store used in "miracle on 34th street" all boarded up today, was looted last night. picked clean. that's macy's of herald square. it's come to that. nonetheless, we are going up at

the opening bell. we are going to see later on this morning the president will go across d.c., he's going to the shrine of john paul ii. we will take you there, we will show you what he's doing and what he's saying. here we go. it is 9:30 eastern on a tuesday morning and we have opened this market. right now, right from the very very start, we are up 120 points. that's about half of 1%. look at that level. 25,600. it's not exactly a sea of green but about two-thirds to three-quarters of the dow 30 are on the upside. dow is up a half percentage point. the s&p 500, what's the percentage gain there? up about .33%. so a broader indicator, up but not as much as the dow. as for the nasdaq composite, i'm looking at a gain of a fraction, just .12%. so techs not doing that great so far this morning. look at the level again, 9,500 on the nasdaq composite. we are showing you tesla on your

screens. susan, you know about this. elon musk is taking a break from twitter. what's the reason? susan: he's had a busy month, hasn't he. he launched two astronauts into space for the first time that a private company has done that. he's had a baby and now he's made $800 million extra because the market cap of tesla has held above $100 billion for about six months' time. yesterday we saw tesla's stock rocket up 8% and this is because of the success of his other company, spacex, over the weekend with that successful launch. google trends shows there's been a spike in interest of people in tesla. people are looking into tesla and hence buying the stock. this has also been a rotation back into growth names like tesla, like the technology names, and as a value play we saw that was a trend last week. so really, don't you think it's just elon's world and we just live in it? stuart: it sure looks like it. the stock close to $900 a share. dan ives is with us. he covers or follows tesla.

is the stock, i mean, yesterday it was up 63 bucks. it's pulled back a little this morning. is it up so much because of the success of spacex? >> it is. i think it just speaks to the musk brand permeates not just spacex but in tesla. it's really starting to become synonymous from a consumer perspective and when you look at the ev market, as competitive as it is, musk continues to have that teflon-like brand and now it's another shot in the arm with what we saw with spacex, further elevating that tesla brand awareness when more consumers want them, the other side of the dark valley, it continues to be an ev, electric vehicle stock that i think many are looking to play for the coming years. stuart: i'm still amazed. dan ives, thank you for being with us. always appreciate it. look at zoom, please. that stock has been on fire. they are a lockdown winner, basically. tell me, lauren, how much is it up this year? i mean, since the virus hit us, put it like that?

lauren: it's up 200% this year. so it's essentially tripled. this is a new high that you are looking at, just under $210 a share. the moment of truth is after the bell today, when zoom reports its latest earnings. here's the thing. we know 300 million people worldwide are using zoom, as they are under lockdown and will likely continue to use zoom because look, when we start to go back to the office, not everyone's going back. we will still use zoom, many people will be at home. but what investors want to know is a few things. can this growth that has been astronomical continue, can they monetize from their users and they have competition, ring, facebook, but also security concerns. so that's what investors are going to want to know today. this stock has been the stay-at-home winner. stuart: watch fox business and you will find out what they're up to. lauren, thank you. as we have been showing you all morning, the regrettable video of stores across the country hit by rioting again overnight. some of them are staying closed.

that's store chains staying closed. ashley, can you give me a list of who is closing the doors and where they are closing the doors? ashley: yeah. if you give me the next three hours. there's a lot of stores, stu. let's start with cvs, stores closed in more than 20 states now, 60 locations. i will say that these are locations generally in the largest cities, washington, d.c., philadelphia, san francisco, los angeles, as you can imagine where some of the most -- the activity with regard to lootings and damage has been reported. but there are many, many stores that some chains that were hoping to reopen over covid-19. you remember that? apple is one of those that's not going to be reopening some stores just right now. we also have that with walmart, amazon saying it is now rerouting its drivers in many cases and limiting deliveries in those areas hit hardest by the

violence. we have target closing 175 stores in 13 states. it goes on and on. some of these stores were opened and now closed because of the threat of violence. others were scheduled to reopen after being shut down in the lockdown for the virus. it's a combination of both. but it's a sad sight in as much as we were celebrating the reopening of our economy and now, because of the violence that we have seen, the protesters are one thing but the violence and looting is a whole other. stuart: you got that right. by the way, we showed video of the rolex store in lower manhattan, that was looted. did we find out how much they lost from that store? ashley: yeah. $2.4 million worth of these high end watches. throngs of people running in, grabbing as many as they could and running out. they absolutely emptied the rolex store. $2.4 million is one estimate. that's just another example of how disgusting this thing has become. stuart: yeah.

maybe organized, too. thanks, ash. show me starbucks stock, please. i believe they are down. not that much. but down a little bit. have we got news on them, susan? susan: look, starbucks is reducing worker hours and that's to reflect the pared-back operations. 90% of the stores have been reopened across the country but with limited operations so nothing is dine-in, it's only takeout, drive-through mobile orders. as a result, starbucks, the world's largest coffee company, is encouraging its workers to take unpaid leave until september. we know starbucks told us at the end of last month that sales are still down 30% to 40% from what they were just about a year ago. the concern is if you trim employee hours, workers are expressing concerns at starbucks if you do that, that means we drop below the threshold to qualify for health insurance and wellness benefits which is a draw to working at the coffee chain. so starbucks is actually encouraging some of those that are taking unpaid leave to apply for unemployment benefits. as you know, that line is long,

it takes a long time to get that authorized and there are concerns from some of the thousands that work at starbucks across the country. stuart: got that, susan. thank you. the dow is holding on to a triple digit gain. just over just 100 points. the level nearly 25,600. the ten-year treasury yield, haven't seen much change in that. the same story today, .67%. the price of gold just above $1700. yeah, $1753. gaining a little ground. up three bucks. the price of oil, there you go, almost $36 a barrel. that's a sign the economy's coming back. we are driving more, maybe flying a bit more, too. $35.97 on oil. take a look at this. here's a throwback. that's 1968 riots in america, 1968. a similar scene to what we are witnessing now across our

country again. both tumultuous years, 2020, 1968. there are parallels between those two years. i will break that down for you in my take at the top of the next hour. one new york city lawmaker demands the full reopening of all businesses. he says if rioters can cause mayhem in the streets, then law-abiding residents can safely earn a living. he will join us on the show. did you hear about this. a gun store owner in philadelphia had to take matters into his own hands. armed looters broke into his business. we will tell you what happened to them and him. live report in the next hour on that. jam-packed show for you. keep it here. this is "varney & company." i was born in '37... it was a very struggling period of time. up and down.

depression to exuberance. and you could name many, many cycles like that over the years. my generation, having come through so many wars and so many things... persistence. it's the heartbeat of this country. stick with it. ♪

stuart: the modest rally holds this morning, except on the nasdaq, where tech stocks are down a little this morning. i want to show you the boston beer company, sam adams. you know? they make truly hard seltzer. ubs raised the target price to

$630 per share. that's where they think it's going to go. this is a reopening play because if the bars reopen, sam adams is big in bars, they've got a sam adams tap thing in just about every bar, and they are expecting big things when we reopen the bars. at the moment, though, the stock is down but ubs thinks it's going to $630 from $567 now. then we have pfizer, a shortage of the antidepressant drug zoloft. i think i know why, ash. but spell it out for us. ashley: yeah. isolation and anxiety have seen a real spike in the number of prescriptions for zoloft, the generic name, it's used to treat depression, ocd, ptsd and because of what we have just been going through with the covid-19, those prescriptions were up 12% year over year in march to nearly five million in

the united states. that's the most ever recorded in this country so the correlation there is very clear. because of that hike in demand, we are now starting to see a little bit of shortage. nothing to panic about, but those orders will take a little bit longer to fulfill because of the demand. again, zoloft, widely prescribed antidepressa antidepressant. if you need to order it, it may take a little longer than normal to be filled. stuart: but in a three-month lockdown i can understand the attraction. i entirely understand it. staying on pfizer, their virus vaccine could be ready by october. our next guest received the vaccine in clinical trials. andrew ruben is with us from the nyu langone health clinical affairs area. andrew, welcome to the program. if all goes well, you think you can have a real vaccine on the market by october? >> well, i'm not actually the

person who can tell you the timeline when pfizer is going to be able to push this drug out. i can just tell you based on my experience and the speed with which they have been moving these trials through, it certainly seems like a possibility to me. i'm certainly hopeful. stuart: what's the difference between the vaccine that you are working on and others which other companies are working on? >> well, again, i'm a recipient. i'm not a researcher. stuart: okay. so what are you going to do, you've received the vaccine. what do you do? >> okay. you receive the vaccine, it was given to me, they take a lot of blood, they make sure you are in the right cohort, meaning you are healthy. you have to be a certain age to get it. this is a phase one trial so they are looking at the safety of the vaccine. phase one, you know, they are looking at dosages, safety, assuming you come through the vaccine as i have done successfully, then they will move into phase two which i believe, you know, talks more

about how widely it can be used in a broader population. stuart: did you say you have been through it? >> i have been through it. i'm the guy who has been through it. i volunteered myself. i work for nyu langone health. i'm not a front line worker, i'm a businessman, an administrator. i was tired of being referenced as a health care hero. i thought it would be important for me to do something to give back so i volunteered myself for this first phase trial. stuart: did it work? >> well, i don't know if it worked yet. i'm in the middle of it now. i received my first shot about three weeks ago of the vaccine. it's a blinded study. i didn't know if i was actually getting a placebo or the real thing. but i got the shot at about 1:00 and by 10:00 p.m. that evening, i was a little sick. i had a fever, i had some aches and pains. they went away quickly after about 24 hours but i knew i got the real thing. they again monitor you, they monitor your blood and then i

have a second dose tomorrow afternoon. stuart: this is fascinating. did they actually give you covid-19? did they give you a case of it to organize a vaccine against it? is that how it worked? >> that is not how this vaccine works. again, not a scientist but i have done a lot of reading on this. most vaccine for viruses is an attenuated virus, weakened virus. this is using a new technology. the pfizer vaccine using something similar to what this moderna company has done, where they are giving you messenger rna, essentially teaching your own rna on how to fight the virus, building antibodies in yourself. i actually did not get an actual covid virus in my body. i got something quite different. it's a relatively new science. stuart: is this a competition? i don't know whether you can answer this or not. is this a competition between you and moderna and other drug companies working on a vaccine? do you share information? >> so again, i'm just -- i'm not

the research team here, but what i know is that based on my conversations with the researchers, this is both a competition and a collaboration on unprecedented scale and speed. so i think that you will hear a lot about multiple players in the market coming out with a vaccine. moderna has their trials going on. i read this morning they started phase two this morning. pfizer is in the middle of phase one. nyu will be involved in other studies going forward. i'm just a guinea pig. stuart: i was just going to say, thank you for your service as a guinea pig but i didn't want to say those words because it sounds real bad. andrew ruben, thank you very much for joining us. love to keep in touch with you and see how you're doing with this thing. >> absolutely. have a good day. stuart: you got it. thanks very much. see you later. all right. the trump administration plans to expel chinese graduate students with ties to china's military schools.

how are they going to do that? do they know who these people are? we have the state department spokesperson on the show to explain it all. big tech, check it. president trump's new executive order cracks down on social media platforms. my next guest thinks this makes way for a big opportunity for startups. he will make his case in a moment. you turn 40 and everything goes. tell me about it. you know, it's made me think, i'm closer to my retirement days than i am my college days. hm. i'm thinking... will i have enough? should i change something? well, you're asking the right questions. i just want to know, am i gonna be okay? i know people who specialize in "am i going to be okay." i like that. you may need glasses though. yeah. guidance to help you stay on track, no matter what comes next. ♪ lively hearing aids have been a game changer for me. the process with lively. is insanely easy, you take a hearing test

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stuart: we are still showing a gain of 100 points for the dow industrials. tiny gain for the s&p. very small slippage on the nasdaq. we have a reopening story for you. check planet fitness. they say that as of june 1st, 800 of their gyms have been reopened in 30 states. another 200 open by the middle of this month. the stock is up 3.5%. facebook, their employees staged i think it was a virtual walkout over mark zuckerberg's stance on the president's posts. what more do you have, susan? susan: public criticism by the employee and staff at facebook. they have never staged a walkout, unlike what happened at google. so this was pretty rare. i think it was a loud signal to mark zuckerberg that facebook founder and ceo. hundreds of employees walking out, virtual walkout, since people are still working from home in these covid times, and don't forget, 100 out of 48,000 that work at facebook so it's a

small minority. they called in sick and what they are upset about is the fact that facebook has stayed silent. last week we had twitter labeling, fact-checking some of president trump's tweets, whereas facebook says and facebook founder mark zuckerberg says they shouldn't be the arbiter of truth. so they have not done anything to president trump's facebook posts, haven't shielded it, labeled it and it's still up for everyone to judge for themselves. the reporting last night, facebook founder mark zuckerberg said he was disgusted at first by what he saw from president trump's tweets but decided to leave it up there for free speech and first amendment protection. stuart: okay. i understand. thank you, susan. now, look at big tech, please. president trump's new executive order does indeed crack down on social media platforms. i want to bring in bradley tusk, joining us on the phone now. bradley tusk has a lot to do with technology. he brought uber into new york city. bradley, welcome to the program. now, you are saying that -- are you proposing an alternative to

a competitor for facebook and twitter? you think that opens the door for competition? >> i think it does. i'm not sure that that's what motivated the executive order, but if you just look at it as a venture capitalist, it is really almost impossible for a brand new startup in the social networking stage to compete with facebook or twitter, because when you go through the analysis of hey, should i invest in this company, the minute you ask yourself why can't facebook just do this, your analysis ends, right, because they can. so right now, you are seeing, i would argue, a lot of new ideas, new innovation, not really coming to light because facebook and twitter have such a monopoly. if section 230 didn't exist, the value proposition on those platforms couldn't just be giving people a quick emotional dolt and dopamine hit. they would have to give people more than that. that would force them to compete and create an opening.

stuart: it just doesn't seem like facebook or twitter have taken a hit at all. >> no. and i don't think that they will, until there actually is a repeal of section 230 but you have both candidates for president supporting it. it's going to go to the ninth circuit, most likely it will go to the supreme court and i mean, there seems to be strong bipartisan support for eliminating section 230. even if that takes awhile, it's really interrelated with antitrust investigation and the more that facebook is facing pressure from the federal trade commission and state attorney generals, the harder it is for them to squash competition. stuart: got a hard-out. got to go. thanks for being with us. more "varney" after this.

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stuart: all right, half hour into the session, here's where we are. moving up a little bit more now. the dow is close up to 150 points. stocks really ignoring another night of violent riots across the country. what you're looking at is the scene from new york city where the historic macy's flagship store on herald square targeted by looters, just about cleaned out. law enforcement increasing its presence in d.c. a military helicopter hovered over the protesters as the president vowed to crack down. thatket them in place.

you can feel the winddown draft. we got words prosecutors in d.c. are dropping charges against arrested protesters. here was judge andrew napolitano's response to that last hour. roll tape. >> i'm going to suggest to you there was an absence of evidence that caused her to drop the charges. they want to stop the violence, fourth, they want to gather evidence. if they stop the violence but don't gather evidence, these people will be arrested for 24 hours, back on the streets to do their violence again. stuart: that is exactly what happened, back on the streets a philadelphia store owner took matters into his own hands. he shot an armed looter, killed him. we'll take you live to philadelphia on that. about an hour away, president trump visiting the st. john's national shrine in d.c. he is going across town. he is taking back the nation's

capitol. you will see it here. now this. 2020, clearly a tumultuous year an we're only halfway through. still to come the summer, the end of the lockdown and the presidential election and who knows what else. there are parallels with another tumultuous year, 1968. it is on your screen right now. that was a tough year for america. assassination, vietnam, and urban riots. it was a presidential election year too and republican richard nixon won. he campaigned as the law and order president. you see the parallel emerging here with 2020? the media hated nixon. they mocked him. they sympathized with the protesters, even as they were burning and looting america's cities. nixon received the support of what he called, the silent majority and he won both the popular vote and the electoral college. fast forward to today. the media hates trump. they mock him.

they support protests but say little about rioting and looting. they seem to have no idea about what the rest of america is really thinking. last night police officers were shot in st. louis, las vegas, and new york city but that doesn't make the headlines. they must think we're stupid. actually that is exactly what the elites think. they should remember the lessons of 1968. burning down cities does long-term damage. rioting and looting doesn't go down well. and presidents who pledge to bring back the rule of law win. listen to this. >> the biggest victims of the rioting are peace-loving citizens in our poorest communities and as their president i will fight to keep them safe. i will fight to protect you. i am your president of law and order and an ally of all peaceful protesters.

stuart: we're joined now by "wall street journal" editorial board guy bill mcgurn. bill, do you see a parallel between nixon's '68 and trump 2020. >> action absolutely. look, nixon wasn't the most charismatic figure. a lot of people hated him but in the end people do want law and order and you alluded to it at the end. it is not just the rich on the upper east side that want it. people, when i was at the "new york post" we got surveys of the public all the time and in the poorest neighborhoods always wanted more policing rather than less. it is a myth that minority communities want riots and want crime and so forth. i think it is a very popular appeal the president is doing to make. stuart: i just don't believe the rest of america outside the big cities and outside the northeast, i just don't believe that the rest of america looks kindly on what we've seen for the last four days.

i think they're mad as hell quite frankly, although you don't hear much about it. what do you think? >> i think people watching this in their living rooms are pretty free with their comments. i one measure what you're saying my guess gun sales are way up. i know a lot of people, i'm out in the suburbs who are thinking about buying guns or have bought guns. people that never owned guns in their life before and now thinking they need it to protect themselves. that's one, one indicator of the kind of dysfunction. the other big thing, a little difference with 1968 is, our leaders are in a worse position in some ways. in the cities especially we have all those democratic mayors that simply can't crack down. they can't bring themselves to do it. they criticize looting and rioting in general but in specifics, the identity politics makes it very hard for them to hold these people to account. you know i looked at governor newsom, remember the federal

officer who was killed guarding the building out there. no one knows his name, dave patrick underwood. he said, we shouldn't rush to connect his killing. was standing guard, with the rioters and meanwhile when he spoke of the protest he, all he could talk about is systemic racism and so forth. people need to stop to the violence. that's what they want. stuart: they're out of touch, they are totally out of touch. it is a political necessity that they're out of touch. it is extraordinary thing. bill mcgurn, thanks as always for joining us. see you soon. >> thanks, stuart. stuart: let me get to that philadelphia gun shop owner who shot and killed someone looting his store last night. steve keeley from wtxf is with us on the scene. take me through this, steve. reporter: stuart, this just happened at 4:00 a.m. today. here is the store. it is oldest gun store in philadelphia. you see that fading billboard t

has been up there for 36 years, stuart. i am under i-95 the main highway that runs along the east coast past ten minutes where you're sitting right now, across 95, that whole strip mall there, the main convenience store, cell phone store next to it both looted last night. looters came to the gun store the night before. you can see how it is big. it has the big garage looking building here. but on the side of this building here, you will see a steel door. this is what the looters attempted to get into the night before. they didn't have any luck. in fact this door looks like it was hit with a shotgun out of frustration after they hammered away at the lock. used a crowbar trying to wedge themselves in. could not get n. look at video. they came back last night, early this morning. they had bolt-cutters. they cut the lock on the gate. [inaudible]. completely on the other side.

the door how it looked earlier with glass. before it was shattered. they shaderred the glass. the owner is inside armed expecting them to make another return visit. he sees on surveillance coming up the steps, three three or for guys. he has an ar-15 at top of the stairs. they point a gun at him which is wrong move. he is training police officers here, stuart. he knows every gun on the market. snows how to use every gun on the market. as they point a gun at him, he fires the ar-15 from 15 feet away. blows an armed guy away. police find him with gun between his legs. we have state police, philadelphia police, they are worried that somebody might try to get him. stuart. stuart: steve keeley, on the scene, telling us how it was. thank you, steve. rioters using social media to organize. are these companies, the social media companies, susan, doing

anything about it? susan: they say this is in line with their operations and policies. they're trying to remove as much misinformation as they can. there has been a ton of it. signal labs which filters through broadcasts television, also online and social media on twitter and facebook, there has been so much noise around the nationwide protests more than any other event in the past year. 8.8 million pieces of information on the george floyd protest shared the past few days, compare that to 1 1/2 million when it comes to the hong kong protest and less than a million for the yellow vest movement last year. we have president trump labeling antifa a terrorist organization. some are saying they have been using social media to organize. bill barr says that the rioting occurring in many of our cities across the country, saying voices of peaceful protest have been hijacked by violent radical elements. we got a tweet by andy gno the

reporter attacked last year during antifa protests. the accounts like this one are telling far less rioters are told to brawl against mega scum in philadelphia. there are people who want to transfer the violence and destruction we've seen from property to people. we some say are on a propaganda campaign as well. both sides using elements on facebook and twitter. stuart: yes, they are, susan. thank you. we moved a little higher for the dow industrials at least. we're up 170 points. nasdaq up 11 s&p is up ten points. reportedly they will begin volume production of the new flagship iphone later this summer. apple is at 321 this morning. apple watcher dan ives, says the company should see big sales of the new iphone.

the stock is up a bit. tesla, dan ives says it is getting a boost from muskie, not muskie, musk's spacex. he is all-in on the musk brand. it was up 63 bucks a share yesterday. down three this morning. scott shellady is with us. welcome back, good to see you again. we're seeing, we're seeing the market go up again despite the riots. i mean, i'm, can you explain this for us? >> well, these markets two things, markets do like to climb a wall of worry. that is not uncommon. that has been something happening for probably the last 50 years, but number two, you know, stuart, we still have the fed backstop and there is a lot of money has been on the sidelines after that big sell-off we've had. you have a recipe here for some strength regardless of the negative news. but, if i can add another thing on top of the negative news. first of all, we should celebrate that rocket launch. boy, that was the greatest thing we had all weekend to celebrate.

it has been really brushed under the rug, but number two, you know what? this is, what we're seeing on our television screens right now, this is direct result of a three-month lockdown where you lose 25% or more of your restaurants, 33% or more of your small business. 40 million people file for unemployment. god knows what the unemployment rate will be this friday. when you have these, this flash, or some sort of powderkeg, god rest his soul for george floyd, if it wasn't him it would be something else, you can't do this to civilization expect orderly conduct to come out of it. this is something i think the direct result of this failing economy and having this problem kind of man necessary itself in a civil disobedience way. i don't know what the answer is going to be, having seen what we had with the mayors across the country not really clamp down hard at first, embowl inned everybody and -- emboldened and

here we sit. markets can go epeven during hard times. stuart: exactly, you got that right, scott shell lady. thanks for being with us. i want to backtrack. it was another right of looting in new york city. this macy's's herald square iconic storm after a night of looting that store in manhattan, was cleaned out, windows mashed, cleaned out. a dreadful scene. one of the strictest stay-at-home orders is being lifted. we'll tell you where they are opening up after weeks of lockdown and protests. we'll tell you where that is. administration cracking down on china, plan to expel chinese graduate students who have ties to china's military. we're talking to the state department about that after this. when you say what you're in the mood for,

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stuart: rally hold this is tuesday morning. there is green for the dow, s&p and nasdaq. 25,600 on the dow. the administration says it will expel chinese graduate students with ties to china military schools. joining us now state department spokesperson morgan ortagus. welcome back to the program. great to see you again. >> great to see you again. thanks for having me back. stuart: how do you know which chinese graduate students do have ties to the chinese military? >> well, that is a great question. we have a very extensive system vetting process when students around the world come to the united states to study. that is something we encourage. we know these students tied to the pla are just a subset of many chinese students that come to the united states but i think what's incredibly important, stu, about the president's announcement last week on this

is that we know that the pla and the prc are on a campaign. they have been for years, to steal sensitive technology, to steal intellectual property from the united states. that is a campaign that they continue and so we are no longer going to allow students that are tied to the pla, and that may be here for nefarious purposes, quite expressly to steal our technology, to steal our intellectual property especially from a military perspective. we're not going to allow them to get a education here in the united states. they will have to be a little bit more crafty. stuart: just a few seconds ago we put up on the green, 3,000 chinese grad students could have their visas canceled. that sounds like a very, very large number. is this just a plan, or are you actually going to do this? >> no. i mean, the president announced it last friday, i believe it was last friday at the rose garden and our job at the state department is to implement those plans. so this is among many things

that the president has announced actions he is taking to hold the chinese communist party, the ccp accountable. stuart: there is a downside to this, a lot of chinese students at american colleges will now be considered spies and they're not, and that is a problem, isn't it? >> well, that is certainly a challenge. i agree with you there. as i said at the beginning we know there was only a subset of chinese students who are affiliated with the pla who are coming here. that is why we are going through extensive vetting to make sure we're only going after students tied to the chinese military, which as this u.s. government has said many times, is guilt citi of stealing our most sensitive technology. this is a threat to american national security. this administration will do everything we can to protect american national security and our intellectual property. stuart: what's your pushback against iran and turkey which are really taking advantage of america's, the unrest in america at the moment? what is the pushback? >> well, listen i think that no

one suffers more from the iranian regime than the iranian people this is a country has seen at least 20, if not 30 of senior leadership that died from covid. this is a country spent billions of dollars giving to hezbollah and giving to other terrorist groups around the region, instead of building a global public health infrastructure, world class health infrastructure in iran, they're blowing money creating terrorism, wrecking havoc around the region. their leadership is in crisis. the iranian are often peacefully protesting against them. we know that while zarif and other mouthpieces from the iranian regime try to make statements, as secretary mike pompeo reminded everybody, i think it was just on sunday, that the iranian regime is the one that hangs its l lgbtq citizens, it calls for destruction of the jews there, is no religious freedom in iran. for zarif to lecture the united

states is nothing but a utter joke. stuart: morgan ortegas, great to see you on the program. hope to see you real soon. >> anytime, soon. stuart, still on china and the virus, the ap did some digging on china's response to the virus and they found that even the w.h.o. was not happy with china. give us more on the story, susan. susan: publicly in january the w.h.o. may have been out praising china for what they called a speedy response for the new coronavirus and thanked the chinese government for sharing the genetic information and the genome for the try russ, behind closed doors they were upset and china. whole different story. frustrated by significant delays and forth coming with information that the chinese government were holding back. that inconclude ad two-week delay with wuhan reporting some of the new infections. officials actually censored doctors according to the ap report in china. so outwardly the w.h.o. may have

seemed to be china centric according to president trump but behind closed doors they also have the same produce stations the u.s. government and government had as well. they were delayed getting access to borders, getting into china to see what was happening, the spread of this vie us russ. this goes against, behind closed doors at least, some of the cajoling that the w.h.o. had to do in order to get more information from china. we know trump has cut ties with the w.h.o., $450 million, is how much the government sent to the w.h.o. last year. so that's gone. and w.h.o. says that they are doing some internal investigations themselves. stuart: they will be bought by china bit looks of it. susan, thank you. get to the effort to trace the virus through apps. the senate concerned about protecting privacy. tell me more, ash. ashley: these apps, you would download on your smartphone. they use bluetooth to track, basically map where you're going

who you come in close contact with. if someone is it positive for the virus, you have had exposure, you will get a warning and suggesting you self-isolate. you know, that is a lot of data being collected not only by big tech companies but by governments as well. congress, the senate bipartisan group now looking at legislation to try and obviously protect us if we download these apps. it would keep collected data from being used for commercial purposes. it would basically protect the data. it would also prevent this type of technology of being forced on people, which brings to the second points of the issue with these apps, stu. it would take 50 do 60% of the population by estimates for that number of people to use the apps for it to be effective in the first place and a lot of people do not want to be tracked and i think that is the problem, not only in the united states but eu is having a problem with this type of technology. everywhere around the world. they tried in austria, and only

5% of the population signed up for the app which essentially makes it useless. a lot of issues to consider but privacy a big one. stuart: got it right, ash, thank you very much. ashley: sure. stuart: new jersey's governor, phil murphy, he is taking heat from small businesses. the governor said he is okay with floyd, george floyd's protesters but not those who protest the lockdown. we'll play you his comments shortly. las vegas casinos set to reopen this week, partially, that is. "bar rescue"'s jon taffer is a says the stakes are high. how do people come to a casino when you have to social distance. i will ask jon taffer. ♪

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stuart: the rioting continued all across the country but look at this, new high for the dow as of right now. it is up 211 points, 25,683. you're close to 25,700 on a day like this, green across the board. michigan taking what is described as a big step towards reopening. lauren, tell me how big a step this is. lauren: well today you can gather outside with 100 people

as long as you maintain six feet of distance. you can go to the office if you really need to, if it is something you can't do at home, a luxury, you can get your house cleaned. house cleaners can come back in. on thursday, guess what, stuart, you can go to a store without an appointment. you can go into a store. on monday, the 8th, you can eat inside of a restaurant. day cares will open. pools will open. of course with limited capacity and social distancing respected. what is still closed? this always fascinates me, how in some states that have reopened, hair salons are open, what is closed in michigan, hair salons, movie theaters and gyms. stuart: okay. i guess it is a reopening of sorts, i will put it like that. lauren: yeah. the goal is, by july 4th. to have most of the state, if not most of the country open. that would be very appropriate, right? stuart: only four or five weeks away. that's all. thanks very much, lauren.

i'm going to stay on the reopening theme. big week coming up for las vegas. protests may put a damper on the reopening moves there. remember, please, a police officer was shot in las vegas last night. he is fighting for his life. jon taffer, host of "bar rescue," joins us now. jon, you got extreme distancing, you got these protests. they are going to open up the casinos with very, very limited attendance. do you think people will come for that? >> well you know, stuart, we talked on this show in the past, i think if you wait a few weeks to see what happens as surge in illness and casinos and restaurants operate. i think that last third doesn't go anywhere until there is vaccine. i call them the certain third. so the way the first third acts, what happens in the first third of exposure will drive the second third of business but, stuart, they have done everything here in las vegas to make it safe. temperatures are going to be

tested when you walk into casinos automatically. there is contactless check-in. you will go through the cleanest casino to the cleanest guest room in your life. everything is on the phone, stuart. make reservations for table games. reservations for pool can ba thats. reservations for restaurants, all through the virtual concierge. they will have plex sy glass between the machines and sanitation. push a button, somebody wipes it down in your presence. another casino, after a slot machine pays it shuts down and a lights until they sanitize it. so nobody can play that machine until it is sanitized for the next player. table games, stuart, are halved. they're spreading guests apart. stuart: they're doing everything they can. i applaud that vigorously. but i got a survey here that says 1/3 of the people, even when the lockdowns are lifted

completely, 1/3, only 1/3 will go back and eat and sit down in a restaurant and eat. my question is, that's a very low number. are we looking at a permanent shift in customer behavior here? >> well, here in las vegas we think it will be a rough summer. we think that there is some adaptation if you will, but stuart, i think these numbers change. you know, let's remember after 9/11 when tsa was implemented, we never thought we had a volume of flying we had a few months ago. i think america adapts. casinos do right thing. on demand sanitation. these little steps will provide a lot of comfort. when it gets out to the that second third of the population, how well things are going, i think we'll start to open the second third and it will flow that way. stuart: jon, it is that atmosphere, i've been to casinos, i'm not much of a gambler, hive been there.

the atmosphere of life, a crowd, everybody in it together, i don't know how you retain that atmosphere with all these restriction. >> i completely pay agree, stuart. so the energy is going to be gone. the density of people is going to be gone. sort of like nightclubs and bar industry as well. people there to gamble, people there to be with each other, i think they will get past that. certainly we'll not have the crowds and energy we used to have. that will take some time. stuart: it is a disaster really, isn't it for your industry? >> oh, it is, stuart. here is what we're hoeing. even destinations like miami and myrtle beach will have same issues. we will not have fly-in traffic through the airlines. it will be more of a drive-in destination for a while. southern california can feed las vegas really well. so can arizona. so can texas. i think we'll see a drive-in destination until we evolve back into a fly-in destination. stuart: real fast, jon. did you see news on sam adams.

boston beer, the stock has gone straight up. it is up five bucks. it is not up that much. it has gone up recently. the theory is when the bars reopen we'll be back to the tap and sam adams beer, you always got a tap with pouring sam adams beer. what do you make of that? >> i think it is promising because the beer segment has been down for two years as you know, stuart. so very few beer brands except mexican brands have had sales growth this year. companies like sam adams are saying okay, in the new environment, you get a pitcher of beer, draft beer, you sit for a while in this new environment, consume more product. we'll see if they're right. stuart: all right, jon. another fine performance and we wish you very well in las vegas because we know how much you guys are under pressure. jon taffer everyone, good man. >> take care, stuart. stuart: look at the markets, up close to the high of the day, up

207 points. got anything to add to this, susan? susan: we're looking for a vaccine, president trump tweeted that vaccines are coming long very well including therapeutics. we got the information from gilead's remdesivir positive this week so it is moving faster than anticipated. i think that helped lift sentiment for the stock market since we are hitting session highs. there are hopes maybe we get a vaccine, some sort of a cure by the end of this year, hopefully get back to normal for the economy. there are positives taken from the comments by the president. stuart: plenty of negatives in the background. positive stuff for the vaccine. up goes the market. up 22 points as we speak. you're about to hit 25,700. extraordinary. about a half hour from now the president trump will visit st. john's national shrine in washington, d.c. he will crosstown, take back the capitol. we'll bring it to you. who knows what we'll see.

one lawmaker demanding full reopening of businesses, if rioters can cause mayhem in the streets then law-abiding residents can make a living. we'll let him make his case and it is a good one. then this, new jersey governor demeaning small businesses in the state. >> if you own a nail salon. they will come at me. nothing personnel. i have the power to lower my blood sugar and a1c. because i can still make my own insulin.

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stuart: here is the presidential tweet which appears to be helping the stock market, i will read it for you. vaccines are coming along real well. likewise therapeutics, moving faster than anticipated, good news ahead in many ways, end quote. dow is up 219. overnight we'll bring you the story again. rioters hit high-end stores in manhattan. kristina partsinevelos right in the middle of it now. what do you have for me? reporter: i want to show you an

iconic building first, empire state building literally boarded up, like prepare forge a hurricane. the entire city looks like this. why? they're preparing for the worst. why? every morning, 7th morning in a row waiting for damage. this is foot locker on 34th facing empire state building. pedestrians keep watching to in the all the damage. a block away there is big pile of kanye west weezie shoes. these are stolen merchandise. i picked them up off the street. these shoes are worth $200. can't speak on camera, but one is on 27th hour straight. the other one said he went home and slept at 3:00 and back out at 5:00 in the morning. they're working double shifts. speaking to a lot of pedestrians. people are saying how disgusting, discouraging, disappointing. listen to one woman, what she thinks about all these riots.

>> we got to do better than this. the sad part is, i know this is not only black people doing this, but by the time it all gets out this will be black kids. we got to do better than this. this is not going to solve anything. reporter: we got to do better than this. i asked the police officers if there was any additional preparation or changing this evening? seems like 8,000 police officers around the city. the curfew shifted to 8:00 p.m. we saw yesterday at 11:00 p.m., there were still hundreds and hundreds of people. i will end on this, there is difference in new york. those are looting and taking cars and scooters to steal goods versus all the protesters. stuart: we hear you, kristina. thank you very much indeed. now some governors who refuse to fully reopen their states or partially reopen them, they seem to have no problem with protests. here is new jersey governor phil murphy. roll tape.

>> we're not out protesting if the nail salon opens. if you own a nail salon, don't come at me. nothing personal, compared to the death, tragic death in full daylight, a life lost that did not need to be any measure lost. so we, i think we have to respect the right for folks to peacefully protest. stuart: okay. i am going to interpret what the governor is saying there. seems it is okay to protest about the death of george floyd and definitely it is but it doesn't seem to have much time for those who protest their ability to make a living and open up their stores, and barbershops again. seems to me that people should be allowed to dine out, if you get protesters on the streets, seems to me you should be able to dine out. that is what our guest says, new york state assemblyman mike la pietri is with us. he is a republican. talking about new york city

right now. you're saying look, if you have the mayhem on the streets, people should be allowed to open up their businesses again, is that what you're saying? >> throughout all of new york state, frankly. if thousands can cause mayhem in our streets, then our special needs children can get services they deserve. families can go out to restaurants to enjoy food with their children. you can have those who are trying to develop a living, to be able to put food on their table, doesn't make sense we can allow certain viewpoint discrimination to occur. we can have thousands gather out without masks or social distancing to do what they want and loot and destroy our businesses, yet our businesses cannot be open to provide for the communities? i don't get that. stuart: what do you make of what is going on in new york city for the last five or six days? where is the national guard? they're not protecting -- the police can't do the job. they're overwhelmed. where is the guard? where is somebody protecting

businesses here? >> absolutely disheartening to see. you saw what happened in minnesota was a disgrace and what, they had the opportunity here to do, you can do peaceful protests but when it leads to he have devastation and chaos that is all out difference. where our police should be given authority to do their jobs, quell the riots, prevent arsonists destroying our community and allow those that wish to protest do it peacefully. law-abiding americans who are locked up at home because of our governors orders we can't go out into the communities, you can't go out into work, allow them to live their lives too then. stuart: no worries about he had having the virus or a second wave? >> apparently people don't care about spreading the virus or second wave. quarantine is effectively over as i see it, because if you will have all these people gather out there, not care, you can't have one day, you're saying oh we have to be concerned about the virus and next day completely ignored. either all or nothing.

frankly had this point in time we flatenned curve, hospitals managed capacity, people are suffering. they can't put food on tables and operate their biggs. that is why i'm running for congress. tough restore common sense in new york state. allowing people to desecrate our churches rather than open up for prayer, doesn't make sense to me. stuart: mike, new york state assemblyman, always great to have you here. >> thank you. stuart: we lost a little ground on the market but not that much. we were up 200, now we're up 150. s&p is holding up to a gain. media criticizing president's hard-line on the rioters. brian kilmeade sounds off on that next.

stuart: you might be surprised to see so much green on the screen. that means stocks are up. nasdaq is in the red. nasdaq is up 150 as well. backdrop is mayhem in our city streets. new york, parts of chicago, los angeles, you name it. i think in 26 cities, rioting continues overnight. police officer was shot in las vegas. four police officers are shot in st. louis, one police officer, a sergeant shot in new york city. another one run down by a

speeding suv. that is the backdrop, yet the dow industrials going straight up. the feeling must be, this rioting situation does not affect the pace of our economic recovery. on your screens, the price of crude oil, 36 bucks a barrel. what have we got on this, lauren? lauren: oil at 12 week high. meeting next week from major oil producers. that is pushed up through thursday. will they extend through september supply cuts. taking more oil off the market as economies reopen. look at that oil up, 45 cents, but when it was at 36, it was a 12 week high, stuart. stuart: we'll take $36 a share, a barrel, i'm sorry, a barrel. i think it is indicator a economy is coming back, demand for gasoline and oil, even jet fuel is on the rise. so is the price. 35.96 as we speak? now about 10, 15 minutes from

now, the president will leave the white house with the first lady and motorcade across town to go visit the shrine of saint john paul the second. we'll take you there when he is on his way. i want to bring in "brian kilmeade show" on the radio. we join him regularly. i'm absolutely appalled what the media is doing to our president after taking a walk to st. paul church and they said it was photo on. i'm appalled at this. i think the media is absolutely a disgrace. >> it is. i was looking at one, who said you're looking to the rise after dictator ho wants to take total control, pledges to use military

despite the law, insists pulling out peaceful protesterss to walk, he doesn't know where he was going. there were protests and there was vandalism and there were threats and arrests and people were hurt. i will not be stuck in the white house. i will go over to the historic church. i will show you we'll live life as usual. the attorney general walked the streets. mark melly walked the streets. guess what, the streets in d.c. were a lot better as they were in indianapolis, because the brother terrence floyd made it clear, when you riot, create violence you're not doing it in my brother's name. the president made it clear. this country goes on. secret service may have kept him back over the weekend but they cleared it out to go over there showed the country will still stand up. these are extremely perilous times, stuart. stuart: where is the guard? where is the national guard? here in new york city, you know the story, brian, we have had rioting for at least five nights in a row.

vandalism all over the place. broken windows. when i walked into the building this morning, 4:00 in the morn, broken glass everywhere, sixth avenue, middle of manhattan. where is the guard? where is the mayor? where are the big city governors and mayors who have failed to get a grip on this anarchy? where are they? >> how about the clowns, the mayor of this city and the governor, who hate each other and we're paying the price for it. how about the governor deciding a curfew first time in 43 years at 11:00. why not make it 2:00 in the morning? it is useless. it is already dark for three hours? how about a mayor sits there hamstringing, handcuffing his own police department, more concerned about their behavior, then behavior of the many who destroying, okay, let's be callous, his tax base that provides his ability to finance all his services throughout manhattan. he doesn't care. he said he is in control. he is out of control. howard safir, just told me,

former commissioner of police, with 35,000 police they should not need the national guard. i was shocked at that it is all about the leadership and what they're allowed to do. they had hadhundred 700 have to be debriefed and interrogated who is buying bricks put in the middle of our streets, they are using as weapons? who is bringing ghost cars in without plates, stop in the middle of the street. they are filled with material to allow these militants to fill up our streets. they're not protesters who want racial justice. they are anti-american activists looking to take down the country and refurbish it in their own twisted image. they're from 18 to 25. they need to be taken down. stuart: i just don't think we quite understand what the rest of america really feels. i think the rest of america, middle america, if you like, richard nixon's silent majority, looking at what is going on in our cities and our sickened and angered.

that is what i think they feel. now you're in touch with a lot of people all across the country. is that the feedback that you're getting? >> two things, you're right on that. i will give you that. there are people that don't mind having a giving next generation hope from the previous generation. that is conversation i hope to be having. that is a conversation i'm getting in phone callers in the next block. i'm having a tough conversation with my daughter about law, justice equality. we're talking about this. but i can't talk about that. that was six days ago. since that time this is all about damage to major, to major cities. and i think dan hoffman, former cia guy said it best, in america right now. we have the 1918 pandemic. we have the 1929 depression, with 40 million out of work. and now we got 1968. vet vietnam, rfk, mlk, chaos

right now. we have all three things in once. we have to get ahold, address it straight on. the most perilous thing what is happening from 11 to 4:00 in the morning, places like santa monica, san diego, and new york city and many others. 39 cities overall. we got to do whatever we can to restore some type of security. stuart: yes. >> and get these people off the streets, find out the organization behind it. stuart: yes. well-said. brian, good stuff. thanks for joining us this morning. i'm with you 100%. thank you, sir. appreciate it. could we see permanent damage to our cities from continuing riots? i'll ask nobel prize-winning economist coming up. there will be more on "varney & company" after this. just for healthcare workers fighting covid-19. learn more at massmutual.com/healthbridge ♪

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stuart: 11:00 eastern. i'm going to set the scene for you. after another night of rioting, looting and the shooting of police officers in three cities, the market shrugs. a dreadful jobless number expected friday. the unemployment rate should approach about 19% but we've got another stock market rally. look at this. the dow industrials are up 159. the s&p is up about 7 points. a loss of 37 points for the nasdaq. overall, lots of green. the president and first lady are about to leave the white house. they will travel across d.c. to

the national shrine of st. john paul ii. yesterday the president walked from the white house to st. john's church known as the church of presidents. he was, in fact, taking back the city. it was dramatic. as with any president, the secret service had to clear the way for him. they used tear gas and that's what the media picked up on. the president and first lady will travel by motorcade to john paul's shrine and we will be following. while we are waiting for that, stephen moore joins us. he's freedom works economist. always good to see you again. now, do the riots slow down the economic recovery? >> well, stuart, believe it or not, it's kind of a mixed bag because obviously, these riots are horrific and causing significant damage to our economy. but i have been asked about 25 times in the last couple days why is the market rallying when you've got these riots going on. i think if there's any silver lining here, it is that the

lockdowns are over. the greatest mistake in american history or at least one of the top three of our entire history, the lockdown of our economy in the coronavirus era, it's over, stuart. there is no more lockdown. there is no way that mayors and governors will be able to lock down citizens and keep stores closed now that you've had, you know, tens of thousands of people marching in the streets. i think that's the silver lining here. the recovery, let's hope when these riots end, starts to proceed at a very rapid pace. we are all hoping for a v-shaped recovery. i'm more in the u-shaped recovery camp. i think it's going to be a long, hot summer with high unemployment. we will probably see 20% unemployment on friday. but then i think by the end of the summer, you start to see a real recovery. that's what the market is betting on. stuart: let me throw this comment in. i think that the biggest loser from the virus lockdown and these riots are our nation's biggest cities. they are going to lose ground on

this and i don't think there's any way round it. it's just a question of how bad is it going to be. >> so great minds think alike. there's no question about it. it could take ten years for manhattan to recover. it could take years from my favorite city in america, i'm from there, chicago. it's just a disgrace what's happening. this is really a failure of leadership in our big cities, whether it's st. louis or minneapolis or chicago or los angeles or san francisco or new york or newark. all of these cities are horribly managed. they have racial problems with their police departments. by the way, how did that happen when all these cities have been run by democratic mayors and democratic police chiefs for the last 50 years. so you're right, i think the big loser here are these big cities which by the way, the tragedy is over the last 20 years, big cities have been making a comeback. people have been moving back to cities. now you're going to see a flight out of cities, not just white flight. you are going to see middle class minorities moving out of

cities as well, unfortunately. stuart: i think that's exactly right. stephen, thank you for joining us on an important day. appreciate it. george floyd's brother condemned the riots. listen to this. roll some tape, please. >> if i'm not over here wilding out, if i'm not over here blowing up stuff, if i'm not over here messing up my community, what are y'all doing? what are y'all doing? y'all are doing nothing because that's not going to bring my brother back at all. stuart: you know, lawrence jones joining us now. i wanted to see that trumpeted all across the nation because i think that man was absolutely right. you agree? >> it's amazing how you can call for the end of police brutality and still call for peace and a lack of anarchy.

that's what he's doing. he's honoring his brother as well because if you look at the past videos from mr. floyd, he talked about our community being destroyed. look, the message of law and order is very simple and i think most people would agree. bad actors of the state should be held accountable. people that law enforcement officers that invoke police brutality and abuse their authority should be held accountable. anarchists and people that want to set things on fire should be held accountable. that is law and order. whether you are the state abusing your power, and forces of the state or a private citizen that breaks the law, you should be held accountable. until all of those things are achieved, we won't have peace. we've got to do it. we've got to do it and i think we can. stuart: the president used the expression law and order. the president suggested he could

use the military if we can't get a grip on these riots. the president took a hard line. what do you make of that? >> don't send in the military. i understand the national guard but here's my fear. i believe the president is being baited to send the military in because if that happens, we know the things and the images that are going to be displayed on the tv. right now, it's in the people that are the leaders of the community. the governors, the mayors, they are responsible for keeping these cities safe. it is their job. the reality is that they had already lost the faith and confidence of their communities, right. the employment numbers, the way they handled the coronavirus epidemic, the fact that there's poverty and crime in these communities. people have been frustrated. so they got to do their job.

it is very simple. if you go online, you can see what these antifa people are planning, right. i have been very balanced on this, i have told people my story when it comes to police brutality and how my community feels. so you're not getting this right wing talking point that it doesn't happen but at the same time, we cannot have anarchy. i mean, you cannot put all cops in the same category. i don't want all cops judging me based on the people that commit crimes and i don't think all cops should be accused of being people that don't love their communities and abuse their power. we got to have some balance on this. something has to give or this country is going to be destroyed. stuart: i just want to say, i think the president did exactly the right thing yesterday, walking out of the white house, walking to st. john's church. i interpreted that as taking back that part of the city. last word to you, lawrence. >> i believe that the president

had a strong powerful message by doing that. if i had one critique of the president because he's already said that he stands with 90% of the protesters, not the anarchists, he believes the majority of the people are peaceful, but if the secret service could stage this right, for him to stand with the peaceful people against brutality, it would be good for america and it would show look, i don't stand with the antifa people but the people that are peacefully protesting, i am with you and i stand with you, too. stuart: that would have been good. that would have been perfect. hard to pull that off. >> it's hard to pull off. stuart: that would have been a good move. sure. hey, lawrence jones, thanks for joining us. see you again real soon. thank you, sir. president trump got a lot of criticism for visiting that church last night. the bishop of the episcopal diocese of washington said this. i'm quoting here. he, the president, took the symbols sacred to our tradition and stood in front of a house of

prayer in full expectation that would be a celebratory moment. there was nothing i could do but speak out against that. jonathan morris joins us. jonathan, look, i'm he pai episn but i disagree with what the bishop said. i think the president did exactly the right thing, used the bible and went to the church. where am i going wrong here? >> yeah. well, you know, my training is in theology. i would agree with you, on one hand, there's nothing wrong, there's something very good about the president showing -- going to a church. a lot of people are saying that's mixing church and state. no, it's not. not in a bad way, at least. but i think he missed an opportunity. i think the president missed an opportunity. he should have had the rector of that cathedral take down a board, it was all boarded up because it had been destroyed or

at least had been defaced, and walked into that church and said a prayer, together with other people of all faiths. what an opportunity missed. i don't understand it. the people who are advising him just didn't tell him to do that. but holding up a bible and then walking away after the crowd had just been dispersed, not a wise image and i think he just missed an opportunity. stuart: i disagree. i think the president took back -- >> okay. stuart: -- that part of the nation's capital. just because he didn't manage to get to speak personally with the peaceful demonstrators or he didn't take down a board from the boarded-up church, i don't think that's a reason to say the man did the wrong thing. >> let me tell you why. let me tell you why i think you're wrong, stuart. so many people right now are only seeing part of the story and it is he holding up a bible in front of a church, without any explanation. that's what much of the nation

is saying and they are saying he's using [ inaudible ]. i have nothing [ inaudible ] images to portray a message. but make sure your messages [ inaudible ]. he missed an opportunity. coha he could have said i'm here to unite with all of you in prayer and we are going to take this city back and take this nation back but we're going to do it as a family. the law and order speech. but he missed an opportunity to talk about the grievances at that moment, together with the law and order, the grievances of the community that were froeft i protesting. i think joe biden missed the opportunity today. he didn't mention riots once. what's wrong with our leadership saying it's this and that instead of one or the other? we need leadership right now and we need smart leadership. stuart: okay. now, the president and first lady are on their way shortly, i believe, to the shrine of john paul ii, st. john paul ii.

i don't know whether he's going to make any kind of statement or say anything but rest assured, we will follow it to the end. please stay with us. i will need your commentary later if and when we hear from the president. all right. thanks very much, sir. now, the dow industrials and most of the market still on the upside. i'm going to pick out one particular stock and that is bank of america. they just announced they will commit $1 billion over the next four years to help local communities deal with economic and racial inequality. that's in the wake of the virus outbreak and the riots, no doubt. the stock is up 1.6% on that news. dick's sporting goods say they are bringing back the lion's share of furloughed employees as their stores reopen. the stock's barely changed, up five cents. pepper spray sales surging on amazon. lauren, i didn't know you could buy that on amazon but tell me more. lauren: well, it's the number one item in the sports and

outdoor category, pepper spray, as protests turn violent people are looking to protect themselves. one other thing. in the book category, guess what the number one bestselling book right now is? "white fragility." this is the time when we should be talking about what's going on in our country and it's very hard to do right now as you also look at the looting. also, how do you talk to your kids about stuff like that? books that address these issues, all top sellers on amazon. stuart: got that. amazon's stock is down just 23 bucks. that's all it's down. .9%. look at the white house. a few moments from now, the president will be leaving to visit the john paul ii national shrine. that's cross-town in washington. we will bring it to you when it happens. rioters forced the city of miami to close all beaches on the day they were supposed to reopen. we are talking about how the chaos is slowing the recovery coming up.

an emotional plea after four police officers are shot in st. louis overnight. watch this. >> some coward fired shots at officers and now we have four in the hospital. thank god they're alive. but can we say something about this? stuart: emotional indeed. the man is near tears. the opposition to police is mounting, of course. what kind of changes will law enforcement need to make going forwa forward? we are on it and will deal with it next. [ sigh ] not gonna happen.

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into riots and looting. all four expected to survive. now look at this. i'm going to call this disturbing. this video shows a group of men attacking a police officer. this is in the bronx, new york. you can see several people stopped to watch and record it. looks like nobody tried to help. then there's this video. shows a group of suspected looters using an suv to run into and run over a police officer who was trying to stop them. again, that's new york city. that officer is now in stable condition. let's bring in richard ross, the former philadelphia police commissioner. sir, it seems to me that the mayors and police chiefs of big cities have lost control even after four or five days of rioting, they're not in control of the situation. you think that's accurate? >> well, i think the whole circumstance is troubling. my heart first of all goes out to the floyd family.

that was a circumstance that i can't even get my brain around. with regard to your question, it's a very daunting task for law enforcement and it speaks to the issues that we're having in this country and have had for a lot of years with race relations. so i hope that, you know, they will be able to get their arms around this but they are going to need some help, not just from national guard and any other forces, but they need it from those community members that they are going to have to step up for them and give them some assistance. stuart: are those mayors strong enough to get a grip? >> you know, i think that's probably a city by city case and it's difficult to assess that if you're not in any particular jurisdiction. i just think that, you know, this has been a hot button issue for a long time in this country and it's become a powder keg. this has been a tipping point. stuart: are they afraid to take control? >> i don't want to say they are afraid because you know, i can't speak for what's in their heads. i do know that you've got some brave men and women on the front line, you know, who are being

faced with some significant challenges that are unlike anything they have seen in decades, for sure, and you know, they are out there working very hard and in some very troubling times but we've got to acknowledge that there are things out there, you know, that people want to see change. i hate to see it happen this way and it's unfortunate that all those legitimate protesters are out there and in many instances, there are others that are causing trouble that are overtaking this whole george floyd incident and it's just creating havoc out there for so many people. stuart: just hold on for us for one second, please. i want to bring in another guest, tom smith, the taser company co-founder and he's also with rap technologies, the president of rap technologies. tom, i want you to describe this bola rap wrawrap. it's this rope that wraps people -- there, i'm showing the

video right now. so tom, could this be used in a riot situation? >> yes, it can. it can be used to select the individuals that are really instigating the rioters, because they will usually step away from the group and give you that opportunity to hopefully get them wrapped. it's the only tool available to police that doesn't hurt them and as commissioner ross mentioned, people want change and to change the culture of policing, to get the change they want, you can't ask them to do the same job with the same tools. so new tools that can be provided that don't hurt people that allow them to be restrained to end these situations peacefully is one of the steps in the right direction. stuart: have you got any interest from police chiefs or police departments around the country? >> oh, yes. we are already on the streets in many cities. minneapolis actually is testing it. chicago, houston. we have seen a huge increase in that because police are looking for ways to change, to help de-escalate the situations to not have to hurt people to do

their job safely and again, that's why we are seeing a big increase on interest in especially the major cities not only here in the u.s. but around the world. stuart: that's interest and you say it's being tested in places. has any police department actually bought it and deployed it? >> yes, sir. they are in the streets in lapd. we have over 1,000 officers using it. we had record revenue in the first quarter almost equivalent to all of last year. we are seeing a huge increase in not only interest but in sales. 150 departments here domestically, 26 countries internationally. stuart: hold on for a second. let me go back to commissioner richard ross. is this the kind of thing that you think would be a useful new device in controlling riots? >> i think it's going to be useful in a myriad of ways in policing. i think it's going to change the way law enforcement does things. as tom indicated, there is certainly going to be incidences where you can utilize this product, when you isolate an individual. i have seen video footage around the country where one or two people were isolated and

officers were relegated to tackling that person to gain compliance, and get them under control. this enables them to do this safely. for both the subject as well as for the police officer and i really believe it's going to change the face of policing going forward, because as you are dealing with people in crisis, you know, the sanctity of life is one of the things we talk about all the time. protecting the subject and the police officer. they can do their job safer as well. as you look at what's happening in law enforcement, particularly in the last decade or so, people are demanding more of their law enforcement. they want to come to the table, they want to talk about policy changes but they want to talk abo about, and this is one of those products that will change the game going forward. stuart: very interesting. both of you gentlemen, thank you very much for joining us today. thank you. >> thank you. >> thank you. stuart: next, take a look at this. a police car set on fire in washington. amid riots in the city.

similar scenes playing out across the country. we will take you to the streets of d.c. as the president drives around the city. george floyd's family holds a peaceful prayer vigil in his memory. they say stop the violence. is anybody listening to that message? we will bring you the full story after this break.

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stuart: as you're looking at the market, i see plenty of green except for the nasdaq which is down. two headlines from new york city mayor bill deblasio. one, he is extending the city's 8:00 p.m. curfew all the way through sunday. second, he says he does not think it's wise for the national guard to be in new york city. that's a direct response to president trump's tweet of a few minutes ago where he was urging the city to bring in the guard. fox alert. live look at the white house, president trump and the first lady are on their way to st. john paul ii's national shrine in washington. they are expected to lay a wreath in honor of the anniversary of st. john paul ii's 100th birthday. we will bring you that live. back to jonathan morris. all right. as we wait for the president's arrival, jonathan, george floyd was -- this is something which is i think completely overlooked and missed in all the reports

about george floyd. he was a christian. he was a practicing christian. he had a ministry in houston and it helped innumerable youngsters in difficult situations. why isn't there ever brought out? >> one great thing is that his siblings, his brother, is bringing out a lot more about what we know about george, that is he's speaking out saying what you are doing, looting and rioting, is not something my brother would want you to do. he really is speaking to george floyd's christian values. i think we need to hear more from his brother. so far it's been really good. he was really yelling it out yesterday, saying stop, in the name of my brother, stop, and i love to hear it. stuart: i just want to know why we didn't hear more about george floyd's christianity, his faith and his good works. because i didn't. i only found out about this just the other day.

>> well, i do hope that president trump now that he's going to the st. john paul shrine, is able to bring to the forefront the values that george floyd believed in and that we should be imitating now as a nation. values of faith, of love, of unity. certainly we need law and order from president trump right now. i think we also need the other side and i think it's a great idea that he used the christian faith of george floyd as a unifying voice. stuart: tell me, what do you think is the status of christianity in america today? i think it's under attack. i think it's being undermined by the secular humanists. what do you say? >> the secular humanists have really had a huge impact. we see that in church attendance, not that other people's activism should change what we do ourselves.

in the last 20 years, we have seen a drop in church attendance of up to 20%. that is unheard of. there's been a slow decline, i would say, since the '50s. the pew poll research tells us. in the last 20 years it has just plummeted. a lot of it has to do with concerted efforts by certain activis activists, i would say movement of saying one, there should be no public expression of faith because that would be a violation of the principle of church and state, which is just a ridiculous interpretation of our founding documents, but i think it has had an effect. stuart: secular humanists dominate our culture. they have for a long time. hold on a second, jonathan. i will get back to you in a moment. i want to go back to the streets of d.c. hillary vaughn is there for us. surveying the damage. it's 11:30 eastern time. what are you seeing this morning? reporter: to put this into context, we are about two blocks away from the white house and

this office and retail building behind me was attacked on all sides last night by protesters. i want to give you a closer look at some of the damage done to bank of america right here. you can see cleanup is under way but we will just squeeze through for a moment and show you there is atms vandalized over here. you also had some people leave a half-burned trash can behind with some spray paint cans and some other paint cans as well. they tried to get access to the main part of the bank. you can see that part of it is locked up here so the protesters actually came around this corner, you can see they are trying to put some plywood barriers up to prevent more damage being done tonight but they also smashed one window over here. they tried to make twhar through the second layer of the window pane. they weren't able to make it through. you can see they did try to get access to the main bank. this same office building has sweet green, there's a coffee shop. one part of the window pane was smashed. the coffee shop, they did get access to, they looted it.

i talked to the building manager. he says about 20 to 30 protesters were essentially attacking all sides of this building and they also did tell us on the seventh floor window, it's a little too high for us to show you, there was a projectile that was fired through that seventh floor window. they don't know what exactly it was or who fired it, but just to give you a context, all of this destruction happened just two blocks away from the white house. stuart? stuart: two blocks from the white house. goodness me. hillary, thank you very much. fine report. apple has a warning for looters. i have not heard of this. you've got the story, susan? susan: apple stores were attacked or damaged in a number of cities, talking about los angeles, d.c., san francisco, new york, philadelphia, and looters were stealing whatever products that were available. remember, though, apple has very little inventory in these stores. just talking to apple right now, i asked how many stores have reopened today. they said 20 more stores reopened yesterday from sunday.

today, more stores have reopened for business but as you see, there's a lot of looting taking place. one note here is that, you know, we know that apple operates a form of some proximity software that actually disables a device when it is taken illegally from a store. so when the looters actually try to turn on these devices, you get a message saying that you have to return this to the apple store, this device is disabled and local authorities have been alerted. we have technology at play here and apple has block phone availability and those type of apps so in order to steal a phone, it can be disabled. stuart: apple's stock has fallen. $319 is your price. happening now, president trump and first lady have arrived at the st. john paul ii national shrine in washington, d.c. they are laying a wreath, observing a moment of silence in honor of the anniversary of john

paul ii's 100th birthday. if we hear from the president when he comes out, we will take you there real fast. that is a promise. coming up next, we will take you back to chicago. the suburbs of chicago, actually. that's where the riots spread last night. lots of damage. we will show it to you. miami issues a curfew after days of unrest. the county was slated to reopen their beaches and get back to business this week. now what's the plan? we will find out after the break.

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stuart: two hours and ten minutes into the trading session, and the dow is up 150, up 6 on the s&p, minor loss for the nasdaq. i want to go back to illinois, where the riots spread out from chicago and hit the suburbs. grady trimble is right there. show me what happened, grady. reporter: we are in another

suburb to the south and west of the city. this liquor store, it's actually very calm now. tell you what, they do clean up quickly in these suburbs. last night, we have some video and even during broad daylight, it was pretty much a free-for-all, looters breaking into the windows that are all boarded up now and pretty much stealing whatever they wanted. it actually turned violent as well in this area. there were two people shot and killed, several people shot in total, and police made 60 arrests. what's interesting about what happened here is police are specifically noting that it was outside agitators that caused the violence here in the suburbs of chicago. what we've seen today and yesterday as well is they have locked down the city center, the downtown business strict, where we saw a lot of looting and rioting on saturday. so now it's spread to these areas that hadn't seen violence up until yesterday and into the night last night. stu? stuart: we got it. we hear the message. grady trimble right there, thank you. i want to now head stoouth.

let's go to miami where attorney general barr, william barr, is deploying riot teams to help get that city back under control. the mayor of miami joins us now. your honor, what exactly are riot teams and what will they do? >> we have not received any word but i can tell you we have been talking to the governor of the state of florida every single day. he's had the national guard stand by. we haven't needed to use the national guard. yesterday we had three arrests, no property damage, no citizen was hurt. i think we had one minor incident at a cvs, protesters themselves tried to prevent looters. on saturday, we had a couple of cars that were burned and five stores in one of our malls that were vandalized. other than that, the protests have been extremely peaceful for two consecutive days, and we

have [ inaudible ] ourselves. stuart: bring me up to speed. i believe the beaches were supposed to reopen yesterday. the riots, i'm told, delayed the reopening. now there's a curfew in place. i think i'm accurate on all this. tell me, when will the beaches reopen? >> it's a little confusing because there's a difference in miami-dade county and the city of miami. people get confused with that. we lifted our curfew yesterday. there was no rioting in the city. the county maintained the curfew. we have 34 cities and the county has jurisdiction over the beaches, not the city. the mayor decided to extend the closure of the beaches because my understanding is his words were that his officers were tired from the weekend and he wanted to give them some time to recuperate before opening the beaches in terms of the enforcement that they would have to do for social distancing and things of that nature. but in the city, there were no

incidents last night. on sunday, like i said, it was very very peaceful, very little arrests, no confrontation and no one hurt which was the most important thing. stuart: your honor, this show is called "varney & company." it's a three-hour show. we are almost at the end of it. so far, we have barely mentioned the virus or the lockdown. what's the status of new cases in your city and the lockdown? >> you know, what's interesting, we are progressing in opening the city and that has continued pretty much unabated. you know, having thousands of demonstrators on your streets over the last two days is not exactly the kind of social distancing that we have been preaching for the last few weeks and months, and so -- and on saturday, we did have to deploy tear gas which obviously means that there were people that were coughing and sneezing in close proximity and potentially people who were not wearing a mask.

it's not exactly a great recipe. we don't know what the effects of all that will be. we will know in the next couple of weeks. until now, i think people are desperate to get back to work, det pr desperate for the economy to get going and we are continuing along that path. stuart: good. mayor, thank you very much for joining us, sir. we do appreciate it. here's a headline for you. food service -- food delivery service suspended in some cities. tell me more, ash. ashley: well, as you can imagine, with everything we have seen happen over the last several days and nights, it is difficult for these delivery services, uber, lyft, door dash, for instance. uber is suspending its service where they say in some cities, los angeles, oakland, san francisco, sections of minneapol minneapolis. look, the company says we will abide by what local officials say. however, some city officials around the country have stayed to uber please do not suspend

your service. we have essential workers who don't have access to any transportation. we would much appreciate it if you would continue your service. not easy to do. lyft says it's following the directions of local authorities as well. door dash says what it can do is abide by the curfews. so these are three different companies, obviously affected, trying to do their business, trying to get people around, trying to deliver food, but in this backdrop, very difficult indeed. stuart: all right, ashley. on the screens right now, the president and the first lady, they are at the shrine of st. john paul ii. that's in washington, d.c., of course. he's about to lay a wreath. now, he's been inside for some minutes conferring, no doubt, and he's about to lay that wreath. there you see the president and the first lady. now, this is not quite a reprise of what we saw yesterday when

the president walked out of the white house and literally walked, i don't know how far, but it wasn't that far, a few hundred yards, i believe, across lafayette park which as you know is opposite the white house, and he went to st. john's church, parts of which had been burned by rioters. that caused a sensation because the president was taking back that part of d.c. there was a great deal of press coverage because they cleared demonstrators out of the way as you would have to do with any president, and that's what the media latched on to. but my bottom line is the president was out there, he went to the church and i keep using the expression, he took back that part of the city. now he's gone with his motorcade across town, he's gone to this shrine of st. john paul ii, he's gone inside, a moment of prayer and contemplation, now outside at the statute of john paul ii and he's about to lay a wreath right there.

father jonathan morris stills wi with us. in case our viewers don't know, john paul ii was the great pope in the 1970s, '80s and into the '90s. >> yeah, stuart, he was a great pope in so many ways. he really transformed the papacy by going out to the people and being with them. another thing he did so many of us remember him for, solidarity movement in which freed poland from communism and worked with gorbachev and president reagan to end communism as we knew it in the eastern bloc. he was -- he did it, though, through the solidarity movement which was a peaceful protest of abusive government. i think it would be a great opportunity for the president to invoke john paul ii's name and say as a country we need to come together in unity and in peace.

john paul ii had to [ inaudible ] a lot of other movements were trying to use violence to obtain their motives or their end, their objective. john paul ii said no to that, that through solidarity we can have victory. i hope president trump invokes that same message. stuart: very good point there, jonathan, because you're quite right. essentially, pope john paul ii had a huge role in defeating communism. certainly in the soviet union and certainly in his native poland. as you say, he did it peacefully. john paul ii was not a man to -- he wasn't anybody to sort of shout and scream about violence and end it now and burn it down. he was the exact opposite. yet the man was wildly successful. good point, jonathan. good point. now, i'm not sure if the president's going to make any overt remarks there. i know the media is there. i'm not sure what he's -- if he

says anything, but again, i agree with you entirely. it would be a good idea for the president to stand up and say we can beat this peacefully. you expect it? >> yeah, and i -- yeah, well, you know, a lot of people criticized the president for raising up the bible in front of the church yesterday without communicating a real message so it looked like to some people, and i think especially some parts of the media, it was just a prop. as i mentioned earlier in the hour, i think the president could have done a better job in communicating his message. i think he could have gone into that church, even though it was boarded up, he's the president of the united states, they could have figured it up and prayed together with other people and say we are in a moment of crisis. just given that law and order speech which was very good as law and order, but there needed to be a second message and that is we are listening to you, we hear you, to the protesters, the peaceful protesters, and we are now going to work together as a nation, as one, to attain the

unity and the peace that we so desire. i hope he's able to do that today. at least -- stuart: look, on the one hand you've got the peaceful protesters who are supporting the family and memory of george floyd. i think there is almost universal approval of that, without question. that is taken as a given and a good thing by all americans. the other side of the coin is the riotous looters, the anarchists who are out there destroying property and shooting at police officers. that's where i differ with you, jonathan. i don't think the president of the united states should stand up and offer some message of peace to the anarchists. they will laugh at him. i think you offer a message of knock it off and if you don't, we're coming after you and we're going to stop you. that's not peace. that's not peaceful. no. that's knock it off. >> yes, he had done that with his law and order speech in the rose garden but i think there's another message not to the

anarchists and all of those who are looting because they are not listening to him, but a message of peace to the country, to say i am listening to your grievances, to you peaceful protesters. now, we should also mention that joe biden gave a speech today in which he made no mention whatsoever of looters. i'm here in new york city, as you are, stuart, and how is it that we cannot protect madison avenue from getting looted? i would have liked to have heard joe biden, former vice president joe biden, also speak to that. it's got to be both from our leaders. we need to call our leaders, i think, to greatness and they need to hear it from us as a country, we need balance and we need strength but we need to do it together. stuart: hold on for a second, jonathan. i've got this coming at me right now. i want everybody to take a look at it. this is video and it's out of los angeles. the national guard is staging a massive presence in the city. more than 20,000 guardsmen have been activated across 28 states,

that is, okay, not just in california. this is across 28 states. 20,000. and in d.c. as well. ashley, are we going to see them in new york city? do you know? ashley: well, not according to the mayor, bill deblasio. earlier this morning, you know, president trump said look, new york city, call up the national guard in a tweet, he said the lowlifes and losers are ripping you apart, act fast. bill deblasio was asked about that, whether he would bring in the national guard and he said no. take a listen. >> we do not need nor do we think it's wise for the national guard to be in new york city. nor any armed forces. i'm going to tell you why. this is really important we have this out right now. someone needs a history lesson. when outside armed forces go into communities, no good comes of it. ashley: well, i can tell you also the governor, andrew cuomo of new york, just saying a few

minutes ago that the police in new york city are not doing a very effective job and he said the fact that they did not protect properties from looters, he says he's outraged by what wasn't done to stop this happening in new york city. so the mayor and the governor at each other's throats again. stuart: no surprises there. that happens all the time. ashley: yeah. stuart: ashley, we i believe will take a short break. we will be back with a great deal more for you. have we got macy's stock up there? yeah. just show me macy's stock for a second. the dow is up 120. can you show me macy's? i'm showing you macy's -- all right. i would like to. because macy's iconic store on herald square in new york city, you know "miracle on 34th street"? windows were broken, it was looted last night and the stock this morning is up 1%. go figure. back after this.

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stuart: we're told later this week the president's going to meet with his top economic advisors. they will be looking at the next relief package. we are told that it is likely to contain, this is a wish-list for the president, very different from the wish-list coming from the democrats. but they want liability protection. my personal opinion is, that is it absolutely vital if you want to bring this economy back and open up the economy again. also, a payroll tax cut. that offers incentives and immediate amount of money in your pocket. that is what they're going to be discussing. i do want to tell you on friday

of this week we'll be joined by larry kudlow as the president's top economic advisor, we'll get more on what this new package may contain, also, the all-important jobs numbers, reported on friday. could see 19% unemployment. neil, sir, it's yours. neil: incredible. stuart, thank you very, very much. let's see where we are. right now we have the dow up 116 1/2 points so continuing on the advance the market saw yesterday. by the way my thanks to david asman filling in my absence here. again the same issues. firms of all we were concentrated what is going to happen right now with the virus, getting people back to work. this is another reason why that could be delayed here. also, growing talk about whether national guard troops will be wanted in the area or not. let's get the latest from christina part -- kristina partsinevelos with