resurgence like we would like to see. charles: i got just ten seconds. >> we have talked about -- charles: okay. got to keep it there. got to keep it there. thanks a lot. appreciate it. always love the idea. liz, everyone's watching this zoom. it's been remarkable and they report after the bell. liz: yeah. yeah. what is it, triple digit jumps for revenue? it has been a real unbelievably strong stock. we will all be watching zoom because commerce continues, charles, does it not. right? charles: yes, it does. absolutely. liz: protesters are beginning to, i know you have been watching this, charles, they are amassing for an eighth day at this hour following the memorial day death of george floyd at the hands of a minneapolis police officer. what you are looking at right now are pictures taken moments ago of protesters in washington, d.c. you can see them facing off against police officers and they are chanting to take a knee. we flip it over to protesters

taking their claims of economic injustice straight to the financial district. they are marching past wall street and the famed bull statue. just moments ago, we got video of this to ensure that their miss ja message is heard loudly and clearly. here are live pictures of groups gathering at this hour in los angeles. st. paul, minnesota. and right now, the protests do appear to be peaceful at the moment. that, of course, is the way many of the protests around the nation actually began yesterday before descending into chaos in cities from new york to louisville to washington, d.c. macy's flagship store in herald square among the businesses attacked by looters. today, businesses are bracing for another night of unrest. lands' end ceo is here to tell us how he's protecting his retail outlets while juggling the coronavirus crisis over the past couple of months. images of looters attacking rodeo drive, one of the world's top luxury destinations, has

beverly hills just one hour away from a city-wide curfew. beverly hills councilman and former mayor joins us in a fox business exclusive to reveal his city's plans to maintain order and safety. markets are sizing up all this political unrest and choosing to focus instead on the prospects of increasing economic activity. an asset which has been down earlier is now joining the dow and s&p 500 in positive territory. the dow up 159. it and the s&p near three-month highs. what the looters didn't know about those iphones they stole from apple stores and how it might come back to bite them. plus charlie breaks it on the billionaire who has both wall street and main street watching and listening during this time of crisis. less than an hour to the closing bell, let's start "the claman countdown."

liz: all right. i know that we are looking at green on the screen and that is certainly a good feeling when it comes to investors and we are going to be going to our traders in just a moment. but we are looking at the looting in the wake of protests over the death of george floyd. it has spread across major swaths of retail but look at macy's stock. it was already up 42% this quarter and it is showing real resilience, up another 9% right now despite looters last night, you see on your screen, ripping off the plywood that had boarded up this iconic flagship store in new york city's herald square. the looters did swarm in, stole merchandise, many of them were promptly arrested. pharmacies were not spared. walgreens boots alliance owned duane reade had to shut down a number of stores that were damaged. these are stores, by the way, that had worked so hard to remain open in all kinds of neighborhoods during the

coronavirus crisis to fill people's prescriptions and make sure they could serve their communities. the stock is up about .25%. in the luxury end of the market, a rolex store located in manhattan's soho shopping district got hit and hit badly. police say looters stole nearly $2.5 million worth of the swiss brand's very high end watches. simply made away with it. well, as you see the shattered glass there and stolen rolexs, maybe rolex should consider this. you see this picture of an allegedly looted iphone? apple has attached software to the stolen phones and electronics that not only disable and track the devices, but they also alert authorities. you can say it says please return to apple's walnut street store, this device has been disabled and an alarm has been sounded. apple, which had just begun to reopen stores post-coronavirus,

now forced to close the majority of its u.s. stores across the country including here in new york city because they have become targets of looters. the stock is flat on the session, standing at $321.89 a share. all right. now we take you to midtown manhattan's diamond district. the "countdown" producer just shot footage of these major retailers such as the nhl store, gap and starbucks along with some of the other mom and pop stores, many of the jewelry stores on 47th street are independently owned. windows boarded up and of course, that is there to protect against looters. 700 of whom were arrested last night alone in new york city. retailers everywhere worried their stores might fall victim to a second night of looting. lands' end has 26 brick and mortar locations across the u.s. which were already really struggling by multiple pandemic related closures like the rest of retail in this nation. lands' end ceo jerome griffith

joins us live. welcome. thank you so much for being here. as if coronavirus crisis hadn't done enough damage, as the leader of a company with storefronts across america, how are you now working to get ahead of the possibility that violence and looting could come to your doorsteps? >> first of all, thanks for having me today. i really appreciate it. it's just a shame right now coming on the back of the coronavirus epidemic, now this for retailers. one of the things which is a little bit unique for us is most of our business is transacted online. luckily we only have a very small amount of stores. but we have also been in areas that have not been majorly affected so far. we have been very lucky. liz: thankfully. yeah. yeah. i would think so. but clearly, as the leader of a company that has some two dozen or so storefronts and then you have your major part of your business that is online, is there anything in particular that you are doing as the ceo of a company that, like many other retailers that we are seeing on the screen right now, were

probably not expecting to be hit and they were in a very very difficult way? >> the biggest thing is keeping our people safe. that's number one. our thoughts, our employees have gone through a lot in the last few months between furloughs, not being at work, they had to work remotely, now this. our number one thing has been making sure our employees are safe, not just from the violence but also from the virus that's been out there. liz: you know, you were not only hit when it comes to the coronavirus by people who suddenly were worried if they had lost their jobs, they weren't going to shop online for anything unless it was a necessity, but also, you provide at lands' end the uniforms for many airlines. can you talk about that business? because the airlines have been down for the count certainly as we went from basically 180 to zero when it came to people flying for quite some time. >> it's pretty interesting. you've gone from a very strong economy as we were coming out of 2019, then going into the beginning of fiscal 2020, our

business was up in double digits. however, once march hit, it was a complete changeover, whereas before you would say oh, we had done a great job by being close to the travel industry and providing uniforms to the top airlines in the world, now you have gone to a situation where we are working with them to make it through to the other side. liz: i'm very very focused certainly on partnerships because we have talked to some companies, for example, realogy had a plan to partner with amazon and that kind of went up in smoke for a couple of reasons, but of course, the coronavirus shutdown did not help. are you still on track for the partnership that you were expected to forge with kohl's? >> yes, we are. it's interesting, if you look a few years ago, you can only buy lands' end product on our website or at sears. as we wound down the sears relationship which was worth about $300 million to us, we have looked at other places in order to gain that money back which has been through organic growth on our website through a

partnership with amazon and through a few stores of our own. now with kohl's it's opened us up to a much larger audience that has the same demographics. we will have our full assortment at kohl's.com and with about 150 stores we will have a smaller seasonal assortment. liz: i was looking at your stock, up 42% quarter to date. it is obviously slightly down today because of numbers that have come out that show you guys were affected certainly by coronavirus, but what's your message to investors and shareholders at this point as we look forward to what we hope is a better year? >> many people talk about the apparel industry and have talked about some of the lows that's been in the apparel industry over the last two years. my opinion is it's such a great time to be in the business. there's so much new technology out there and so much innovation that if you are thinking forward and thinking of what's going to happen with consumer demand over the course of the next 12 to 18 months, there's a lot of opportunity out there. you just have to take ahold of it. we went into this quarter, you

know, we had a lot of optimism. then coronavirus very quickly brought that optimism down. as we work our way through april and the back half of april where we started to see lower double digit demand increases, then through may, where we saw higher double digit demand increases, then going into june, i think potentially, the economy has a very good opportunity to get right back on track. liz: do you believe in brick and mortar in the future? >> i think there's a percentage of customers out there that want to interact with a brand in brick and mortar or in a tactile way. i think the problem today is many retailers have overstored or oversized and they are in a bad way. i think for us, luckily, we really started out as an e-commerce company and the brick and mortar stores were really kuft mocustomer service centers. you have to figure out what's the right size, where should they be and how many do you need. we will always have to have them but we are taking a pause until we see what consumer demand will look like over the next year. liz: jerome, thanks for joining us.

it's great to see leaders like you with measured messages and a good stock story, at least certainly as we look forward. thank you for being with us. >> thanks rgs liz. . liz: any time. the closing bell ringing in 50 minutes. civil disobedience hitting the social network. facebook employees staging a virtual walkout in response to the president's order to regulate social media companies, including facebook and as well as twitter. some staffers also taking issue with ceo mark zuckerberg's decision to leave a controversial post by the president that they say violates facebook's rules on inciting violence. shares are down half a percent. once again, wall street climbing that wall of worry. up, up and away. the country may be in crisis but markets are not. our floor show traders are expert in how to separate the frightening images on your tv screen from actions you really ought to take when it comes to your portfolio. they will advise you on how to

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is a protest that appears to be very peaceful at the moment. there are police cars. there are police who are facing the actual protesters who are holding signs. again, this does appear to be very peaceful at the moment. lots of people with signs. you know, the thing about the looters that all the experts and law enforcement have noticed is they come in cars, not by foot. they are coming in cars with the license plates of those cars covered. in los angeles alone, they had multiple cars, 19 vehicles of looters that were connected to the looting that were impounded. that was just in one area. you have the national guardsmen in los angeles as mayor eric garcetti requested their presence. but you look at the markets. dow jones industrials up 145 points. both the dow and the s&p look to close at their highest levels in three months. for the past few sessions, markets have pretty much ignored the chaos all around the globe,

not just in los angeles, and of course, in america. cities around the country are preparing for another night of protesting and potential riots. superimpose that over investors' emotion and how do they separate what's happening on the streets and on their television sets to what their portfolio is doing and what they should do for their portfolio? let's bring in our traders. phil, you guys are experts certainly and tim as well, on how to separate the emotion from the actual moves when it comes to people's money. what advice do you have for investors watching right now? >> you know, sometimes it's very difficult, but what i always tell people is always try to drive looking through the front windshield. don't try to look in the rear view mirror or get too impacted about what's happening right now. because you have to look back in history. we have been through these type of uprisings before. we have been through this turmoil before. what we found out on the back end of it, you know, we usually come out to be okay.

that's not to minimize at all the emotional stress and the economic stress that's going to hit a lot of people over the next couple weeks and months, but generally speaking, we believe that once these protests stop, these businesses are going to rebuild and it's going to have a minimal impact on the economy. that's what the stock market is telling you. it's telling you to look at the big picture. we are going to get through this. i really believe in americans. people are angry, they are hurt, i understand that. but i think at the end of the day, we will come back together. we are going to be a better country after this is over and i think the stock market investors can see that and that's why i think we are performing so well. liz: that's a possibility, tim anderson. you have been down at the nyse for many many years. as you have watched different situations unfold, whether they be terrorist attacks or natural disasters, you've got to look at these things and then separate those emotions.

what tricks do you have? what advice do you have for the viewers right now who are kind of concerned after having been through the ringer with the coronavirus? >> well, i just couldn't agree with phil any more. i think he put it perfectly. this is really a text book example of the stock market and the economy or in this case, the news headlines being two totally different dynamics. i think that with all of the protests and much of what has turned into rioting has shown people is that we are pretty much done with the lockdown from the coronavirus. i mean, we're not really hearing anything about it for the last few days and most the states are moving now, a lot more rapidly than they were a week ago to get back to normal business environment. now, businesses have another big

challenge to deal with also, the potential looting, if they have big operations in major urban areas. but let's be realistic. this is not -- this is probably going to be going on for a few more days, not a few more weeks. so i think that the market is discounting where we're going to be down the road. >> i would agree, too. liz: we see some real winners here. we also see a few losers. tiffany and company, coty. when you start to look at the overall picture, i think you're right. i think the market is always a couple months ahead of what is in the here and now. s&p 500 as we say on pace to close at the highest level since march. when we know what was going on in march, gentlemen. it's certainly a sigh of relief in that regard. thank you so much, tim and phil. see you next time. we do have that closing bell ringing in about 40 minutes. we have our eyes, of course, on

all that's happening but specifically the numbers. financial markets are lifting the stock market. specific financial stocks. why is all of these except for jpmorgan down slightly are higher? the yield on the ten-year treasury rising, higher long-term rates usually benefit the big banks and so we have 2% gains for citi and morgan stanley. goldman bringing up the rear, up 1.5%. bank of america up .33%. up next, the world's largest asset manager jumping feet-first into the inequality debate. charlie gasparino has exclusive details on what blackrock chairman and ceo larry fink plans to do and say next. charlie breaks it when "the claman countdown" comes right back.

liz: breaking news. we want to take you back to los angeles, because that previous protest that we showed you from the helicopter shot of kttv courtesy, you can see that it continues to be peaceful but they are now on the move and marching. police are on the scene. what is rather stunning is that, you know, in just the area of hollywood alone, the precinct in hollywood broke their record for the largest number of arrests in a single day, 585. now, many of them, we're told, were curfew violations but some were for suspicion of looting. they impounded dozens and dozens of cars. that's just one individual area. here we have this protest and there are many across the city and across the county from venice to burbank. as americans face what could be depending on the area another night of potential unrest, one of the largest investment houses on wall street is looking to open up a real dialogue on the racial tensions that ignited both the violence as well as the

many peaceful protests. charlie gasparino has the story right now of blackrock and larry fink, who is lately unafraid to take on big issues. charlie? charlie: yeah. they're not just one of the biggest money managers, they are one of the world's largest, i believe $6 trillion under management. a big firm, larry fink built it from zero. today, employees received an e-mail alert that fink and several other executives will hold a global town hall to address racial equality and that town hall will occur on thursday between 10:00 and 11:00 a.m. again, it's interesting, a lot of ceos have put out statements about what's going on right now with the racial strife, the protests, the rioting and essentially, you know, saying that we need more diversity in the work force, that there are some underlying economic issues.

as far as i know, larry fink is the first ceo essentially to do something like this. it's interesting in lot of ways. you can say it's much-needed dialogue. i would agree with that. but it's interesting because i have been speaking with some blackrock executives and they are a little more cynical on this whole thing. they point out a couple things. larry fink is a long-time democrat. larry fink has always wanted to be treasury secretary, is what they're telling me. they see this as a way to enhance his standing within the democratic party to get his name out there and they say he still wants to be treasury secretary if joe biden wins and this could be a possible springboard, a way to enhance his profile if that happens. again, there are two ways of looking at this. a lot of people saying this is larry, larry believes in this stuff, believes in dialogue, he's been leading an effort internally for inclusion and to appoint more women and minorities to senior posts.

but others are very cynical and they say, you know, it's just a little -- it's a step too far. it's beyond just trying to appoint people of color to various positions in executive ranks. this is taking another step. it's coming at this time, it's coming during an election. most people who know him say he would like a role in a biden administration so they take a cynical view of it. the other cynical view is, you know, larry's a smart guy but he's good at running money. how much more is he bringing to this debate. it's an interesting dialogue that's going on behind the scenes at blackrock when they got this e-mail. i'm not saying i agree with either side. i have known larry for a long time. decent guy. he does have a social conscience, i will say. but that's what people are saying internally. we'll see, if he's the first, the only or if other ceos take the tact. some people are also internally

saying listen, we are having -- these protests and riots, these protests are going beyond protests, they are going into riots. this is a law enforcement issue right now. so maybe now's not the right time. listen, there's a vibrant debate inside blackrock over this. liz: what is the right time? that's the thing. i applaud larry fink, i really do applaud larry fink for being a voice on wall street just like tracy maitland yesterday with advent capital. at what point do these guys make their money and do well which is fine, we are capitalists here, we are all for profits, but also, be part of the solution versus the problem. i think what larry's doing -- charlie: let me ask you this. liz: it's very valuable. charlie: let me ask you this. blackrock is very good at running money. we know that. this is the cynical view. what is larry fink really going to do to add to this debate? what? liz: that is so cynical.

what, he's not allowed? it's like saying that hollywood stars aren't allowed to make a comment. you know, they are citizens, too. charlie: there's something known, this is the cynical view. not saying i ascribe to it. there's something that was very cynical. everybody is for racial equality. you know, find some people, find anybody that's against it, i will buy you dinner. it just, it's -- liz: they won't admit it. charlie: there's debate whether this is just a little too cute on larry's part as he's trying -- as he's obviously, as they say, he obviously wants to have a role, political role in the new administration if biden does get elected. i'm just giving you both views here. i know larry pretty well. liz: i get it. charlie: he does have a social conscience. liz: well, i will say this. consider the alternative. part of the problem with the occupy wall street situation that was sparked is this wealth gap where people take the money

and run. listen, again, we are pro-capitalist here but i think -- you can't just have inaction. charlie: just be real clear here. when wall street was digging itself out of 2008, who do you think made all that money helping the fed manage its balance sheet? it was larry fink at blackrock. liz: i get it. of course. hence, that makes it even better that he is also trying to be part of a solution to a burning, open wound. charlie: the skeptical view is that larry fink is virtue signaling. there's a degree of limousine liberalism here. we are all for racial equality. the question is, this bad situation, do you use it to enhance yourself politically. that is a debate inside that firm. i'm telling you people are saying it. i don't think it's an absurd debate. i'm telling you personally, i know larry does have a social conscience. although i will say, you know, how much is he really going to add to this debate?

i mean, you know -- liz: all right. i'm glad it's a debate. charlie: i do, too. liz: you know what, despair doesn't work if people are also indifferent. good on larry fink. charlie, great story. thank you very much. charlie gasparino. again, we still hold on to triple digit gains, paring back a bit for the dow jones industrials. still up about 112 points. when we come back, beverly hills is 28 minutes away from a full curfew. 1:00 p.m. pacific. we are going to beverly hills and the former mayor and current city councilman. don't go away. my name is trisha.

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makes its way into los angeles county. the "l.a. times" reports that mayor eric garcetti requested 1,000 troops, half to assist the lapd and the other to help the sheriff's department. so we understand that national guardsmen have actually arrived in beverly hills as well after rodeo drive retailers from alexander mcqueen to gucci to rite-aid were ransacked by looters and rioters who took over after peaceful protesters had finished. john mirish is a beverly hills council member and former mayor of beverly hills and a four-generation beverly hills resident. john, thank you for joining us. explain how the curfew will work and whether you feel that beverly hills is prepared for what may come tonight. >> well, i certainly hope we are and i think we are, as last night proved the curfew is a precautionary measure, very simply, because of what happened as you mentioned, the looting on saturday. and it takes effect as you

correctly mentioned at 1:00 and that just means that everyone should stay home. nobody should go out. people who are out are in violation of the curfew and of course, that allows the police and the, you know, to take advantage of that to be able to ensure that there isn't any rioting or any illegal activity going on. liz: sure. you know, that was what was so shocking and what we're looking at right now, rodeo drive stores from cartier to alexander mcqueen to rite-aid. let's just be honest. it's not specifically the luxury names, but to see one of the world's sort of most famous renowned shopping areas attacked in pretty much broad daylight, shocked a lot of people outside of beverly hills. what was going through the council's mind? i know you guys had an emergency meeting today. >> we had an emergency meeting before and to be quite honest, i'd say we weren't well enough

prepared. this is something that shouldn't have happened. you know, we obviously want to distinguish between legitimate peaceful protesters who are making a point and i think that the beverly hills council, but the whole community, stands in solidarity with the african-american community because of what happened to george floyd and their unique history of suffering, and i think there's no doubt about that, but the problem is you've got a few people who seem to almost strategically be able to take advantage of peaceful protests in order to commit crimes such as looting. they are almost using the protesters as human shields to follow through with their crimes. i think we were not well enough prepared. i think to me, there was graffiti and you know, to me it's not good but it's acceptable, i suppose. i think the line is crossed when it's looting.

it's not because it's gucci, not because it's rite-aid, not because of the individual stores. but that creates a sort of atmosphere in which people don't feel safe in their own homes. that's really the larger issue. unfortunately, you've got a few bad eggs who are taking the tragedy of the george floyd murder and who are twisting it. liz: you get the sense that the residents are feeling safe at this point, because nightfall may come, we know what happened over the weekend on sunday, where peaceful protesters were amassing along beverly boulevard, fairfax, and as i understand it, they tried some of them to breach beverly hills, they were turned back, but later were able to somehow get in. >> i think the residents were shocked by those images and frankly, so am i. i never would have thought i would see that sort of violence in our city.

and you know, without going into all of the specifics of it, i think that the goal has to be to avoid that kind of violence while allowing peaceful protest. the problem is now, of course, because of that, and because some of the looters and criminals are using the peaceful legitimate protesters as human shields, we have to institute a curfew. it ruins things for everybody in so many ways. i think that the residents did not feel safe when they saw those images. clearly the next day, what we saw in santa monica and long beach was even worse. that did not add to anybody's feeling of, you know, security in their own homes. and everybody should feel safe within their own homes. of course, that's a problem in parts of the country where people, including african americans, don't feel safe in their homes and these are societal problems that we need to address. but everybody deserves to feel safe in their own home.

i'm guessing since they saw pictures of the national guard that were deployed yesterday and as said, you know, they wouldn't have seen this but i saw them walking, you know, beverly drive in the evening, but we did send out images of the national guard and we did send out images of the national guard, so i think people feel safe but i think everyone, it's a little bit like a tinderbox. everyone is still sort of reeling from not the curfew but from the stay-at-home orders for covid, everyone is reeling from what happened on saturday. people are a little bit on tinterhooks and i really hope and think we need a period of calming down and of healing so we can, you know, there's not going to be -- we're not going back to the normal that was before. one, from a covid perspective, there's a pre and post-covid world. i think it's fair to say there's also a pre and post-george floyd world as well. i hope we are going to learn

something from it and i hope we are going to collectively do something about it. liz: john mirisch, old friend of mine and we much appreciate you joining us, john. thank you so much. beverly hills is now 17 minutes away from a full curfew, 1:00 p.m. eastern. something that is really, really shocking for somebody like me who, yeah, that's my hometown. closing bell, 17 minutes away as well. up next, one of the business world's big winners during the pandemic is about to reveal its quarterly results. zoom video communications looks to up its security to cut down on those zoom bombings. remember those? that's straight ahead on "the claman countdown." we are also watching the dow. don't go away. (vo) since our beginning, our business has been people. and their financial well-being. it's evident in good times, with decisions focused on the long-term.

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liz: folks, we're about 11 minutes away from hearing that closing bell ring, but what i want to do right now is wind back the clock to this morning's opening bell, which in case you missed it, was out of this world. astronauts robert behnken and doug hurley, who left our planet on saturday, via spacex's crew dragon capsule, joined by the commander of the international space station, christopher cassidy, in ringing the nasdaq's opening bell this morning. nasdaq's president called their journey a quote, pivotal moment in the development of the space economy and the new era of private human space flight. good for them. let's get to a company showing, well, call it out of this world gains during the pandemic. video conferencing platform zoom, its stock popped to an all-time high yesterday and is

adding another 2% on it today. hitting $208.48 at the moment. ahead of quarterly earnings which are set to be released after the bell, we are waiting on this company, because it has been the king of stay-at-home and work-at-home stocks. investors are expecting a hefty beat from the company that practically everybody has been using since the coronavirus closed businesses and schools across the nation. to cheryl casone in the fox business newsroom. i was looking at this, they are expecting earnings growth of 200% plus. amazing. cheryl: the stock has rallied about the same. it really is incredible. yep, they report after the bell. these are first quarter numbers for the fiscal year. the question, though, here is this a one-off earnings win for this company. analysts say they are likely going to beat but by how much? investors expect a big jump in paid subscribers and did they convert, here's the question, free users to paid users. goldman sachs in a note said that is the biggest point to

watch when these numbers come out. they are set to report earnings per share of nine cents and revenue of 66 cent% surge. the stock has exploded this year, rallying 200%. the u.s. going into lockdown in mid-march. they did reveal their user base had reached 300 million back in april and even though all 50 states have begun to relax their lockdown restrictions, not all workers are going to go back to the office. some not for months, some next year, maybe, some never. that is definite work-from-home scenario could be the icing on the zoom's earning cupcake later today. facebook just to adhere, say they expect half their employees to telecommute for the next several years. there you go. average target price on the stock as of now, about $128 a share. it's at $208 right now. i think you will get that. you've got nine buy ratings, 15 holds, five sells on this one. not everybody is so convinced that zoom is like the stock to

own but at least today, if you own it, you are probably going to have a good, well, opening bell tomorrow, to your point. back to you. liz: yeah. i don't know, though. outdoing today's opening bell would be very very tough. good to see you, cheryl. did you notice this? we are now up 225. just a moment ago we were up 175. looking very good, very strong. we are now at 25,695 for the dow jones industrials. nasdaq, which had been down more than let's call it 79 points, now up 38. with the closing bell ringing in eight minutes, coming up, we will play a lightning round of if then, when it comes to the u.s. greenback. our "countdown" closer has his best buys that he says will keep your portfolio strong even if the u.s. dollar continues to weaken. that's next on "the claman countdown."

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♪. liz: all right, folks, take your attention from whatever you're doing and better be on the screen and me. two of the numbers here, we do have the dow up 223 points. the s&p better by 20. the nasdaq 44. i want to quickly check the vix before we take you to heuston because houston right now has a protest at the moment. we do have courtesy of ktrk houston a shot of this. the volatility index is looking at the moment we have fear coming out of the markets. it is not really a bad picture at all. we're seeing on our screen, compared with no fear, down 4% for the volatility index, a very large crowd in houston appears to be very peaceful at the moments. markets are perhaps playing at the moment what has been happening during the day where protests progress without violence, just that when the sun goes down and you start to

secure fuse instituted. santa monica, 1:00 p.m. curfew, you will see the arrests happen and ramps up the violence markets have shrugged off the wave of protests but one thing that is going on the u.s. green back which is under pressure. when we look at a staggering chart we put together for you, the u.s. dollar index, which is the u.s. dollar compared to a basket of major currencies is at its weakest level since march 13th. we know what happened around march 13th, right? the whole country started to shut down. our countdown closer guest is here, he says if the dollar is weak, listen to his top etf sector picks. ryan advisors, chief investment officer joins us live. let's do, if the dollar is weak don't fight that. what companies, what etfs

actually benefit from a flagging greenback at this moment? >> well, nice to be back, liz, good to see you. i think it could be an important inflection point. we have seen u.s. outperformance of the international markets for years, mostly driven by the dollar. i think relative performance will reverse. you have to like international markets. play etf, value based emerging markets. the favorite etf which we like pfh, invest core emerging market. it is stokes in the -- pxh. liz: we can put in top holdings. emerging markets, i keep hearing it is their turn, it us their turn. it hasn't been their turn. that is kind of a weak trade. what makes you think emerging

markets will flex muscle around the globe that has real problems still? >> i think the dollar is part of the key. the relative evaluation argument has been in place for years. emerging market value stocks have single digit pes. the u.s. market with pes in the 20s. you have discounts, 60% to the u.s. you have similar growth rate. that argument has been in place for a while. the missing link has been the dollar. it appears the dollar could be rolling over. i think the dollar has a lot of different factors working against it. the technicals short term has been overvalued. it has been overvalued for a while. if you get the sentiment more risk-on for investors, they're definitely wall of worry still in place. we have to wait for that inflection point too. when that happens, the dollar gets weaker, i think you will see international outperformance. liz: yes or no, have we hit the absolute bottom of the markets? is it now behind us? >> i think so, yes.

i do. [closing bell rings] liz: i like that short answer because there is the bell, rusty. we have hit the bottom and it is behind us according to rusty. there is the closing bell. we closed here session highs for 261 for the dow and a gain of 25 for the s&p. connell: cities across the country preparing for a possible 8th night of unrest. wall street is looking past it all. whether the peaceful protests we've seen during the day or riots and looting at night, stocks continue to move higher. investors focus on the recovery efforts for the economy. we have another rally. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the major averages closing at or near the highs of the day plus. at the white house, president trump is getting ready to sit down with the secretary of health and human services. fox business team coverage for you now. kristina partsinevelos is following the