laggards we like people's united financial,pbct, and also afflack, people getting back to work, both of the companies, that's where you want to start rotating your money to. charles: rob, scott, i apologize we don't have more time for you we'll carve out more for sure next time particularly with our hair cuts have a great weekend liz claman landing it over to you, dow is up only 850 points. >> liz: happy friday charles! what a great number and so great to see. i mean look, at one point the dow was up more than 1,000 points, whoa! have a great one. breaking news that may jobs report stunner has investors pouring into the market at this hour, the nasdac is less than 59 minutes away from setting a new all-time record high and the dow which this morning crossed 27,000 for the first time since march 4 is still above it right now at 27, 182. oil prices which just a few weeks ago were negative are now

just eight or nine pennys away from $40 a barrel. markets hit session highs as president trump this morning championed the jobs numbers while standing in the rose garden. he is now in maine meeting with commercial fishermen who were hit hard by the covid lockdowns he will during this hour visit a factory that makes swabs for covid-19 tests. he compared the coronavirus lockdowns to a hurricane and he calls for the reopening of the economy and he shared his desire for additional stimulus including a payroll tax cut. we're following all of his moves in maine ahead of his remarks at the top of the next hour, meanwhile the protests over the death of george floyd in minnesota continue at this hour, you are looking at live pictures of demonstrate or s at the national cathedral in washington d.c., and more marchers in brooklyn, new york who just began their march minutes ago in prospect park. one ceo, is using his power and

influence to make the workplace more kind. bar founder and executive chairman is here in a fox business exclusive on how he's been working for economic in equality well before what happened in minneapolis and what other companies can and must do now. plus, elon musk forces amazon, a major reversal, the death of the waiter and charlie breaks it on a possible bunt in mergers and acquisition activity. we're less than an hour to the closing bell it's friday, folks. let's start the "claman countdown." >> oh, my goodness. breaking news, as if we haven't had so much to deal with take a look at the live radar that we are pulling up on your screen right now this is tropical storm

cristobal, it's on track for the u.s. gulf coast forecast to strike the central louisiana coast sunday night. after passing through the heart of u.s. offshore oil production areas in advance of that, look at what appears to be a monster storm, the eye has not yet form ed into a hurricane but it is a pretty strong tropical storm, oil companies are racing to clear the decks of their offshore platforms, murphy oil, oxidental petroleum has evacuated workers, bp just began shutting down production, they can do it at the drop of a hat and they move everybody off and out but at the moment you see a big move to the upside for just about all energy names a 15% gain for murphy oil, 31% gain for occidental petroleum, why well again we do see oil at the moment moving higher by nearly $40 a barrel to hit that number and so much of that has to do with the fact that if the

economy is indeed not as bad as it appeared, earlier, then people are starting to drive again, and all countries will start using oil once again. to billionaire bill gate's touch boy it is a modest touch when it comes to covid-19 funding. astrazeneca says it will be able to deliver 2 billion doses of its potential coronavirus vaccine when and if that comes to pass for low and middle income countries thanks to two g ates-backed global health organizations, it's about up half a percent, astrazeneca less than a tenth of a percent really but its had a very good move over the past couple of weeks. also, the gates foundation novav ax is getting funding from the u.s. department of defense for its vaccine candidate and it's up 2.75%. so we've been talking about how areas of the country are reopening. the first theme park to reopen in florida is comcast-owned

universal orlando resort it is now open to the public with capacity limits and social distancing protocols that stock is up 2.25% to $42 and change. we got to talk about the lucky number 13. usually it's not lucky, well it's lucky now. a whole host of companies are hitting a 13-week high, in fact they are vaulting over three-month highs athletic wear maker nike that one is moving it's up about 2%, food products giant kraft heinz is up 3% flip it over to medtech company stryker, they make obviously the medical beds hospital beds you are in when you are in the hospital up 5.5% and widening out to not just 13- week highs but all-time highs dow players home depot that is up 2.5% and apple, the iphone giant, receiving not one but two price target hikes today from credit suisse and wedbush in this final hour of trade it's up

2.5%, but you know, just let me call an audible here, auto desk, cisco, stryker, goldman sachs, c vs, applied material, we've got nike as we mentioned, marriott, trip advisor, cigna all at 13-week highs, so no surprise the market is on a terror after the surprise gain of 2.5 million non-farm jobs in may, the most optimistic forecast and it was really an outlier was for a loss of 1.7 million jobs last month in fact most economists were looking for a loss of 8 million jobs, but take a look at, do you know what? i don't think that that is the right chart because you can't really see it. but boy as you looked on the far right there, you would see a precipitous fall in april when the economy shed nearly 20.7 million jobs and then spiked back up to erase that and then add another 2.5 million but we can show you the 10 year

treasury yield. it's above .9 of a percent for the yield, for the first time since march 20, and it hit a high of let's see , .959 this morning, but we'd have to go back to about march 19 to see it move above 1%, so we're not quite there yet, but at the moment, investors are pumping a record $22.5 billion into bond funds over the past week. let's get to our traders tom haze where are you seeing biggest slows right now? >> well, i think the next big trade, liz is going to be banks, okay? the last two times that we felt the yield curve steep en this quickly, was 2003 and 2009 and it had a multi-year rally in banks and they are the laggards and they've moved up a lot off the bottom but they've got a lot more to go, you've got the ccar test coming in in a few weeks they are very

easy to beat with the ppp income that's going to show up in q 2 earnings of over $20 billion in the aggregate, and we're not going to have any negative rate policy. they learned from europe that's how you destroy banks, and in order to get the recovery going we need credit flowing into the economy, and that's exactly what this fed is doing, so we love banks and i remember i was on with you at the lows in march , and i said liz, do you think wells fargo is going to do 50% less loans next year than they did last year? the stock was down over 50% at that point. it's starting to rebound. u.s. bancorp is as well, so we see that as the next big trade to catch up trade for sure. >> liz: yeah, do you know what? i'm glad you brought up negative rates, because a couple weeks ago, we were seeing signals out of the fed funds futures trading that said that by february, we would see negative rates. chris we are not seeing that right now at all.

we are actually seeing that for next week's federal reserve meeting there's just i don't know around a 7% chance that we would see any kind of move because rates are already at 0 of a quarter of a percent but we don't need that right now do we? >> no we don't if you look at the 10 year futures chart, it really shows you, we got through a yield of around .56 and now it looks like we'll normalize what does that mean? we'll come back to maybe 1-1.5% and that's just what the technical is showing if you look at the 10 year chart so remember, remember back in 2018, we're above 3%, and everybody was worried about 4% in 10 years so just goes to show you the market corrects very quickly and sometimes it's mind boggling how quickly it corrects, but certainly with today's number, you have an 11 million-person swing from 8 million unemployed to 2.5 million employed, nobody saw that coming, and you saw it

as it impacted the bond market, so i don't think the negative rate idea has been put to rest. it's probably on the back burner , but if we can get to the next 150 days, which is how long we have for the next election, you know, we may be able to put that negative rate idea to bed. >> liz: scott bower, i don't want to throw any water on this but we're in the business of reality, and if we're given the great part of the numbers we've got to give some worrisome data as well. the cbo, congressional budget office, said that five out of every six workers that received unemployment benefits under the cares act actually are getting more money, okay? they're getting more money than they would if they actually went back to their job, xto me, you have to look deeper on this economy and say everybody was saying it's so strong. it's so wonderful. how strong is the foundation?

i mean the scaffolding and the decor look really good but the foundation is it 5/6 people are getting more on unemployment than they do at their regular jobs what does that say? and yet, we have a very strong stock market. >> liz, you're absolutely right and i am not a pessimist or a glass half empty person, but that is the reality of what is going on, and as good as that jobs number was today and what an upside surprise that that is, to me, the more important number is going to be the continuing claims number, which kind of leads to what you were just talking about, about 5 out of every 6 people potentially remaining unemployed. that continuing claims number the latest one we got was 21 million. it was above expectations. what that means is people that have filed for unemployment are not getting back to work yet. to me, that's what we really need to focus in on, because that is really going to be a sign of is the economy getting back to where we were?

are things reopening, but most importantly, are businesses re hiring or have businesses found a way to hopefully survive we all want every business out there to survive but can they survive maybe by trimming back a little bit? so i think it is imperative to watch that number, to watch what you just said about what the cb o came out with, because that is a very very disturbing statistic. >> liz: yeah, i mean, listen i'm all for a very very stunning and wonderful and dynamic report and to report that, but folks, very important to note that there are a lot of you watching right now who are saying i'm not feeling it right now. i don't have my job back. tom, scott, chris, have a good weekend, and regardless, dow jones industrials up 802 points right now. we can't say anything but amazing things about that, especially if you are a bear. closing bell ringing, a bull

rather 38 minutes away the bears are unhappy at the moment, uber eats launching a new feature, highlighting black-owned restaurants in the united states and canada, this in response to recent worldwide protests demanding real change and racial justice and economic equality. uber technology is up 2.5%, that stock is $37.32. and they also have global call to action inspiring one business and social issue pioneered a challenge leaders and his own employees to be more inclusive and kind across-the-board. kind founder and executive chair daniel labeski is here and the key ingredient he says people believes could bring racial change in society without violence to america. the "claman countdown" is coming right back. just over a year ago, i was drowning in credit card debt.

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>> liz: all right i'm looking at the nasdac right now, it's up 191 points or a full 2 percentage points and so much of this is because the markets are cheering the may jobs report, but one metric shows that african americans have very little to celebrate. report shows that black unemployment actually climbed in

may to 16.8%, the highest in more than a decade while white unemployment fell to 12.4%. this new data comes as protests over the death of george floyd an african american killed in police custody in minneapolis last week continue all across the country. you're looking at pictures from last night, washington d.c., big crowds there. watching all of this is the founder of multi-billion dollar snap company "kind" who wrote this letter to employees last weekend. "even before covid, we were already facing a breakdown of our social fabric. overcoming all these challenges will require every single one of us at kind to lead the way in building bridges, in standing up against solidarity against in justice, and in finding constructive paths to address inequities." born and raised in mexico city, daniel labeski makes all natural

snack bars and is expected to rake in a stunning $1.6 billion in sales this year, after just a few years in existence from the ground-up daniel you've built it. you inspire all of us. it really seems like a lot of companies are right now just waking up to making donations, or statements of support of the black community. how are you different? >> well first liz thank you for having me, and it is for me, a very painful time and when you're doing the introduction earlier i think you were a little complementary in your introduction before the break because i don't think any of us have the answers. i think this is a very tough time when we all need to have more listening than we've been doing and a lot more openness to understand particularly those that we disagree with and to learn more and i would like to think that kind always tries to be empathetic but even at

kind we have a lot of opportunities. for example, we never have had an active effort to recruit team members from historically black colleges, and we i think are underrepresented with fantastic black team members in our leadership team and that i adore and they are super smart and amazing but we don't have enough of a representation so why haven't we taken some of these steps so we did a lot of thinking, a lot of listening on how internally we can improve our policies and practices to really try to ensure that we have an environment that positions everybody for equality and success and when we can do as human beings and leaders outside in our communities. like i said in that note, i really do think from your introduction, you know how much i appreciate being an american citizen and those opportunities that i have, i have not even though i was born in mexico, i have not experienced the challenges and setbacks in

racism that other people have because i've only been given the gift of respect for the most part, most of my life, and i've been benefited from this amazing country. i think it's really important for us to not take for granted the democracy, the freedom, the free market systems, a rule of law, the social fabric of respect that underpins all of this and we need to really work harder to ensure equality and fight harder to defend these things that have made this country so special, and i'm very concerned about this social fabric tearing apart if we don't all try to become better listeners. >> liz: well, it's further shred ded over the past couple of weeks because of the trigger of what has become this national movement and story you just did something that i don't see a lot of ceo's do. you just admitted we haven't

done enough at kind. we haven't actively recruited out of the black colleges like morehouse. i'm thinking about this right now. i think i really really am impressed by that because you're admitting and so i guess i need to know what you're now going to do. what is your process because so much of this is about opportunity. you may get a harvard graduate whose white and a great resume and then you may get an african american who doesn't look as good on paper but maybe that's because they didn't get those same opportunities? so how do we structure it at a company like yours? >> i want to go deeper and then come back to the specifics so i think you pointed to something that i'm a part of in kind and in ourselves we always try to think what we can do better and we're always criticizing ourselves that's been always my personality and i can tell you things i do wrong very very readily, but i think it's ultimately what makes us strong and i think we need to do more of that.

we need to be more interspective what have we done besides ensuring we're not actively recruiting black team members, we haven't done enough listening , like we just started a process in terms of the things you want us to do or that we're doing and we just had a listen ing tool where everybody in the kind leadership is going to do intimate groups of 25 team members to listen to our team members and make sure that we have an active program. we just are in the process of creating a task force with a group within hr led by a black team member that can make sure that we're thinking holistically about things we may take for granted, and i really feel that i'm very blessed that i can open any doors but not everybody has like you said, i had all the opportunities for me.

there's people that just because of the way the system has been structured have not had these opportunities and we need to really be mindful unless we create these opportunities this is going to catch up with everybody and we cannot take for granted that the inequities have been growing over the last 40 years and eventually this system is going to implode if we don't make sure that all boats are rising, that the tax system is also education opportunities and work opportunities and all of us really doing our very best to fight these prejudices. every human being has prejudices whether we're accepted or not. we need to really think about them so we can try to keep them under control, because our brains naturally are wired to short circuit for generalizations so we need to be able to question whether some of the generalizations should be taken out and how can we be more thoughtful and the exercise that i have is what information can they seek that

will not just affirm our beliefs but actually question me and help me think more critically. i don't think we do enough of it across all of society. >> liz: gotcha, daniel of kind, thank you for your thoughts and the way you are operating and the way you're going to proceed. really important. good to see you sir, thank you so much. >> nice to see you. >> liz: opening bell is 36 minutes away elon musk versus amazon. guess who won the latest battle, a complete 180. amazon turns around on a very controversial decision simply because elon tweeted about it. stay tuned. ♪ [shouting] [clapping and shouting] [cymbals clanging] [knocking]

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>> liz: this is a stunning story here. the combination of tesla ceo elon musk and his twitter account is popping the stock at

the moment. twitter up 4.5%. the combo just forced book selling giant amazon to do a very quick u-turn, the billionaire electric vehicle and rocket ship visionary chimed in around 2:00 p.m. eastern yesterday after former new york times reporter tweeted that his booklet called unreported truths about covid-19 had just become banned by amazon for sale. the digital booklet questions the methodology of how scientists counted deaths from the virus. elon immediately took to twitter to tell his 35 million followers "this is insane, and then for good measure he threw in"time to break up amazon monopolies are wrong. amazon by the way dominates some 60% of the book industry, well within hours amazon reversed its decision and lifted the e-booklet for sale. in a statement to the washington post ironically a newspaper owned by bezos, he credited musk

and his tweet for resolving the issue more quickly than he would have expected so they say there's no such thing as bad press and that works both ways. berenson's 22-page booklet is number 2 on amazon, so he wins right and amazon gets 30% of each sale and the stock is up 1% everybody is happy ashley webster, right? ashley: i guess, but well, no, i'd love to see musk and jeff bezos arm wrestle on paper, you know, pay-per-view tv that be worth watching. anyway can't we all get along? thank you, liz great stuff. tiffany shares bouncing back after a rough week sources telling reuters lvmh is no longer seeking to negotiate the terms of its $16 billion purchase of the jewelry chain, and the good news coming just three days after wbd's report that the louis vuitton parent is having second thoughts on the

deal because of the social unrest here in the united states and one of the most high flying stocks of the pandemic having a rough go, slack sinking after pulling its full year forecast and reporting slowing sales growth among paid subscribers. that's not good. and contour brands anything but blue today, the lee jeans parent surging on two bullish upgrades by piper sandler and susquehanna financial and both firms pointing to up-ticks in demand in the second half of the year. all right coming up, next, restaurant saviour or server, liz getting an exclusive look at the technology that could have restaurants go completely contactless in the age of covid-19. the "claman countdown" coming right back. there are times when our need to connect really matters.

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>> liz: investors have been swallowing up beaten down restaurant chain stocks in this final hour of trade but yes , things like mcdonald's and yum are seeing moves to the upside including starbucks and chipotle. take a look at gains in applebees parent, and outbake steakhouse, look at dine , it's up 6%, bloomin brands parent of outback up 2.5% could it be because all three have partnered with presto ahead of reopening? it's the king of contactless dining technology, their system allows guests to order in a socially distant way that involves zero contact with servers, who keep their distance presto is the brain child that joins us in a fox business exclusive. ra j, walk us through how the technology works beyond

ordering off the tablet menu but really ones we've seen in larger airports these days. >> yeah thanks for having me, liz. the way it works is that a guest can go into one of these restaurants and to have a tablet in front of them that they can use to browse the menu, they can use to place orders, modify their order however they like it , send the order to the kitchen, and you know, then wait for their food to come, the food will come relatively quickly after it's sent in fact it's actually one of the fastest ways to send an order, and then when they're done eating, they can pay whatever they want, you know , tap their phone, and then fill out their e-mail address for a receipt and fill out a survey talking about how their experience was so that's one of our products with a tablet on the table and then we have another one which uses the guests own mobile phone to order and pay scanning a qr code so we have multiple different ways to help restaurants take contactless orders and payments.

>> liz: okay, okay. talk about some of these restaurant chains. so chili's are already using it, applebees do they tell you that there is going to be what they anticipate an extreme demand for people who don't want to touch anything and to that end, ra j, i'm looking at a tablet that everybody is touching? i mean, is there a whole built- in system of keeping them clean? >> absolutely. the tablet actually is disinfect ed in front of the guest before every party sits down, so it's fully wiped down and cleaned. in fact it's probably one of the cleanest surfaces there in the restaurant, and having a tablet on the table means that you don't need to handle a menu. that could be more at risk of carrying germs so it's probably the cleanest surface possible and it also prevents a need to share your credit card with a staff member which obviously nobody wants to do. >> liz: oh, yeah, yeah, you always wonder, oh, i've got this

far and then you hand over the credit card and next thing you know you're wondering about germs on that but you've founded this when you were a student at mit back in 2008 long before the coronavirus. what was the driver back then? what made you think oh, we need this? >> yeah, i mean, honestly, i just wanted to solve my own problems which was i always felt that restaurant experiences could be way better. i had the idea when i was sitting around the table trying to split a check between myself and other mit engineers and we just struggled to do it. it was so hard that it became a bad joke, how many of us does it take to get this right? and you know, we've all been there, some people have cash, some have credit cards some get the expensive stuff, some get the cheap stuff and tips are often quite complicated, and we were struggling with this so much i decided right there and then i want to dropout of school and start a company so i actually took a job as a waiter to understand how the business

worked, and 12 years later here we are. several thousand restaurants around the country, and having grown tremendously we've tripled last year, and in this time in this really difficult time for restaurants we're just glad to be able to help them out with a free contactless kit so they can help their own guests and staff stay safe in the pandemic. >> liz: yeah. i love that you took a job as a waiter. that is amazing so that you could really see what the issues were and work it through. give me a sense of that higher- end restaurants. it doesn't seem very as i would say very classy, darling, to hand over a tablet when you're used to a waiter wearing a very nice outfit and saying, well, let me just tell you what is the ingredients within this love ly base, you know? are you hearing from the higher end companies who want to sign up with you? >> yes absolutely. there's a tremendous amount of demand from higher-end companies and one of the reasons is

because their staff members now have to wear masks and if your staff member has to wear a mask is this hard to build that connection with a staff member, and guests actually want a different path to be able to get great food and get in and get out as fast as possible, which is actually in the restaurant staff as well because a lot of them are operating with capacity restrictions. >> liz: yeah, i've got a really quick question. mom and pops have been hit in an out sized way by the lockdown and of course, the subsequent protests where some of them turned violent. how expensive is your system and have you seen orders coming in from single-standing restaurants >> yeah, our contactless dining kit is available for our website absolutely free, presto.com. we can help any restaurant out around the country, even some outside the country and we provide this at zero cost to them in the pandemic as a service. >> liz: gotcha. gosh i like it. i love one day you'll come back

on because i'm dying to hear about your waiter experiences just to see how you were able to formulate this company that is now killing it. great to see you, the company is called presto. star tv chef has opened and run so many restaurants in both good and bad times in my latest everyone talks to liz podcast,ro cco reveals how he had success starting at the age of six and okay here is a teaser he reveals his famous four ingredient recipe for his amazing spaghetti but to get that recipe and his inspirational story you got to download the podcast. everyone talks to liz is on spotify, apple, google, stocks news podcast.com download it and let me know what you think. the closing bell is ringing in 13 minutes the dow still power ing higher by 803 points.

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>> liz: mergers and acquisition attorneys are watching the presidential polls and are now apparently advising clients that if they're thinking about tying the knot on big deals they better act now and fast. why are they putting out this warning? charlie gasparino is here to break it. hi, charlie, charlie: yeah, liz we are getting this from m & a attorneys and advisors on wall street. the word is going out semi- quietly it leaked to us so i guess it's not that quiet, that they're saying they are looking at the poll numbers they are looking at the trump adminitration possibly losing in the 2020 election being replaced by joe biden and being replaced by a joe biden that's not the joe biden of old, the joe biden that is much more influenced and will have to give into sort of more progressive elements in his party namely elizabeth warren, the massachusetts senator which i point out is still on the

short list of vp for his vp. she may not get the vp role but she will play some role in the administration at least helping shape economic policy and as you know she's a big enemy of mergers and acquisition s. she essentially submitted a bill to stop the m & a activity during the pandemic. she'll want to cut back of m & a activity and want to break up companies not putting them together, so what advisors are telling their clients is that if you're going to get deals get them done now, because the biden administration is not going to be an administration that's going to be approving many of these deals. as you know the trump adminitration has approved many large mergers. that's the justice department's anti-trust division made up of headed by a jit pai running the fcc they allowed the t-mobile/sprint deal to go through with conditions and they

somewhat talked uncertain deals, at&t and time-warner but by and large this class been a deregulation administration and the biden administration is a wildcard at best and at worse it could be something that clamps down on these deals. i should point out that i have made calls to various regulators at the fcc and at the anti-trust division of the justice department. there is no up-tick just yet in deal activity. now that's largely, i believe, a function of the pandemic. deal activity has quieted down dramatically during the economic collapse that came amid the pandemic as you'd know, that collapse is starting to receive now so you might, we might be seeing deals coming in the next week in the coming weeks and months but if they do come, if they come in a flurry, you'll no one of the reasons why is that they are worried about corporate america is worried about the uncertainty of a new

administration as donald trump slips in the polls. again donald trump is slipping in the polls in somebody's battleground states he's still within the margin of error but the betting on wall street is starting to be at there's a good chance he's not going to win and we should point outlast time, meaning 2016 they were betting most people on wall street toward hillary clinton was going to win and she didn't but this is what is fueling this talk about increased m & a activity. it is trump's poll numbers, it is some of the issues surround ing the administration right now, and so you could see a major spike in these deals in the weeks and months ahead particularly as we come out of the pandemic from the lockdowns. liz back to you. >> liz: well, i mean, president trump has really swatted out and scratched up some m & a deals that he didn't like so i'm not, maybe six of one and half a dozen of the other charlie great to see you thank you dow is up 804 points folks by the way we need to be up 201 points to hit

an all-time record for the nasdac. we slipped below that right now although we are still powering higher with the nasdac so stay tuned, could happen with the closing bell ringing in nine minutes. up next, who cares about the brewhaha over president trump regulating social media companies not our countdown closer. why he's piling into two specific stocks in the space. the names he's sticking by, despite white house opposition and no, twitter is not one of them. the "claman countdown" is coming right back. dow is up 791.

♪ ♪ liz: we are five minutes away from the closing bell ringing, finishing out the week. we could see a new record on the nasdaq. we're not quite there yet. we're up 188 points which on any given day is great, but we need to be up 201 points to reach the

previous high which was back in february. now, for the week, flip it over, look at what the dow has done. what a great week it's been. by the way, boeing has really contributed 400 points during this entire week to these dow gains. so the dow looks to finish up 6.6%. s&p looks to finish out the week up 4.8% expect nasdaq up three and a third percent. we do have breaking news, can we bring up delta airlines? it is announcing it is going to suspend operations in 11 u.s. markets beginning july 8th. delta says this is due to significantly reduced volume and will help, apparently, lower some costs. some of the affected destinations, dell the that will not be flying anymore to bangor, maine, no more flights to aspen, colorado, santa barbara and others. all right. so delta's up 5.5%. let me go to ashley webster who

is always up more than 5% in my estimation -- [laughter] ashley: i like to think so. i like to think so. hey, liz. others may not but who cares, right? let's take a look at some of these weekly winners. apple, that's been on a tear. if it can finish above -- oh, the s&p first. american airlines is up as more and more people come out and actually dare to fly. occidental, great weight for the oil patch. we have demand picking up and also opec meeting tomorrow, may extend those production cuts through july. simon property group, huge boost perhaps on the retail rebound is going to move faster than expected. if you own a shopping mall or a shopping centering it's been a great week for you, up 53%, liz, not bad at all. very quickly, the dow leaders, boeing, another great week. travelers, hopes of a fact seen is helping that stock. and again, exxonmobil, the oil

pitch finally after being so low for so long, starting to show signs of life as is the economy, liz. back to you. liz: good to see you, ashley. have a good weekend. ashley: you too. liz: thank you very much. it was eight days ago -- time is flying so quickly -- president trump threw down the gauntlet signing an executive order to curtail the legal protections that shield social media company from liability for what gets posted on their platforms. while twitter's ceo jack dorsey stands by the decision to fact check, facebook ceo mark zuckerberg is defending his decision to not flag posts from president bush. president trump. despite all of this drama, hugh johnson, one of our longtime friends and investors says he likes facebook, and he's piling into two social media names. all right, hugh, why?

>> yeah. piling in is a little bit strong, liz. we have bought some, no question about it, but we're not making a big play here. i think that, number one, the stock that we're buying, facebook, mastercard another one and, of course, alphabet, i think the principal reason is what we saw coming is exactly what we saw in the employment numbers today, and that is that the economy's going to do better. it's not just the u.s. economy, it's the global economy. and if you want to participate in the global economy or if you want to benefit from it by owning some stocks, facebook, alphabet, mastercard, those are three that we added to portfolios. but i wouldn't say we're making a real big plunge or a big -- we just want to make sure that everybody understands that we think the bear market has ended, a bull market has started, and you want to position your portfolio to at least participate in a new but a high risk bull market. liz: okay. hugh johnson of hue johnson

advisers -- hugh johnson advisers. and on this friday after a stunner of a may jobs report, the markets were spark plugs to take off and run. the nasdaq is so close, within one point of an all-time record high. let's see where it settles on "after the bell." connell: all right. well, the recovery is on today the, stocks up and surging. remember the expectation for may was for a loss of 8 million. at this hour president trump is on the ground in the state of maine. he's taking a tour of one of the largest medical swab manufacturers in the world, a company that's been experiencing a surge in demand due to the covid-19 pandemic. so we'll keep an eye on that. i'm connell mcshane. melissa: i'm melissa is a francis. this is "after the bell." the dow closing above the 27,000 milestone and up for the fifth straight day, its longest winning streak since january. the s&p 500 is about