charles: all right. well, the bond vigilantes, i think they went to retirement. i don't think we will later from them in a long time, to your point. always appreciate it. fantastic insight particularly with millenials. well, liz claman, yesterday i used the term meandering. it might be more appropriate today. liz: i know. can't really decide. the dow is kind of draying up, down. it just turned negative again. but the nasdaq, the nasdaq is making another run at history in this final hour of trade. 10,000 is again in sight. the first and only time it's closed above 10,000 was seven days ago but then it lost its hold. right now, we stand at 9,946, a gain of 50 points, but as for the dow, we got a little bit of chop in the action. the dow is down 69 points. that's for the blue chips. s&p is down just about a quarter

of a point, call that flat. the gains in the tech-heavy nasdaq are way more interesting in this final hour because they come about an hour and a half after the department of justice hoisted a sword of damocles over the social media sector. the doj has proposed new legislation that would make silicon valley giants from twitter to facebook to google liable for content that's posted online that violates federal law. our floor show traders are here to tell us if doj danger is now the cue for you to take your tech profits and run. the housing market in full bloom as states reopen and would-be homeowners resume their quest to fulfill part of the american dream. the ceo of mortgage lending software giant reveals what he's seeing in the mortgage market as rates remain at historic lows. time to refi? we'll ask. general motors flips the script from making cars to

transmissions to medical supplies needed to fight the coronavirus pandemic. how about that. well, the chief engineer running gm's production lines now making masks, gowns and ventilators is here to reveal how successful the project has been and when it will be time to retool and get back to the business of making cars. plus the netflix ceo's jaw-dropping donation, new dividend aristocrat stocks and charlie breaks it. less than an hour to the closing bell, let's start "the claman countdown." liz: breaking news out of atlanta. let me just tell you why we are showing an empty podium. at any moment now, fulton county district attorney paul howard will announce his decision on whether to charge two atlanta police officers in that fatal shooting of rayshard brooks. the public has been waiting to hear the charges in the friday

night shooting which has been deemed a homicide. the 27-year-old african-american died after a struggle with atlanta police officers outside a wendy's drive-through, where he grabbed an officer's taser after failing a sobriety test. nearby stores have been forced to shutter as the killing fuels more protests in the city and rioters did set fire to that wendy's restaurant where brooks was killed. police are searching for two arson suspects in the case. vice president mike pence, he just told charles payne in the last hour that the u.s. will not suffer a second wave of coronavirus infections but china appears to be witnessing one right now. china has just canceled more than 60% of commercial flights in and out of beijing's capital airport. that's the world's second busiest when it comes to passenger volume. shares of chinese carriers which trade on u.s. exchanges are moving lower. some of these are partners. we saw delta down, hawaiian

airlines down. here are the chinese carriers. air china unchanged. china southern down .33%. china eastern airlines down 1%. the chinese capital raising its alert level today against the backdrop of a new coronavirus outbreak. speaking of coronavirus, and all that's come with it over the past couple months, the fda giveth and now it's taking away. remember all those emergency approvals of covid testing kits? chem biodiagnostics down 63% this hour after the fda yanked the emergency use it had granted them back in april for its covid antibody test, because independent data apparently show a higher than expected rate of both false negatives and false positives. chembioat $3.65 but it had been trading around $12 a share back when the test was approved mid-april. electric vehicle truck maker

nikola is moving at this hour once again. it is up 5.33% after cowan initiated coverage with an outperform as preorders of its badger truck start on june 29th. what does that mean? i said they start june 29th. they don't have any right now. but nikola has been just on a tear here. it's up a stunning 556% year to date. nintendo investors have plenty to smile about right now. the company announcing new gains and refreshed versions for its pokemon franchise including pokemon smile. this is a free play mobile game meant to encourage toothbrushing habits in children. well, good, because that's certainly helping the stock. it's up 3.25% right now. tech stocks have been flying high and the nasdaq as we just mentioned is just about less than 1% away from a new record close and what are we talking

about? take a look at how social media names have performed since the beginning of the quarter. when we look at everybody from facebook which is up 41%, we have twitter up 39%, snap and google have also been performing rather well. in fact, alphabet is up 25%. of course, this is quarter to date, reminder. snap up 83%. but in just the last hour and a half, the justice department has proposed that congress roll back legal immunities for social media companies if they censor content or fail to police criminal content on their respective sites. i know that sounds a little bit like a contradiction but we will explain in a second. if the doj, is it now the biggest danger to your portfolio social media stocks? to the floor show. teddy, right now, these platforms have broad immunity from lawsuits over hate speech or other content that may appear on their sites but these proposed changes would remove legal protections when twitter

and the like allow third party content that violates federal law. we are talking about fraud, scams, trafficking. but the proposals also would lift those broad immunity protections if the sites remove or censor content that doesn't break the law. do you think it is way too dangerous either way to stay in these companies? would you cash out and go? >> i would not. listen, we have been dealing with the heavy hand of a government intervention in various sectors for as long as i can remember. i have been in the business for 50 plus years. it was the steel stocks with kennedy and the drug stocks with clinton, so forth and so on. listen, it's not a positive but these companies are huge companies. they will figure out how to deal with it. if they need to make changes, they will make the changes. i would think any short-term weakness would probably be a better buying opportunity than a selling opportunity.

liz: phil, regulatory reach has been coming from the government for a long time around the entire tech sector. but what about the fact that they have all just run up incredibly strongly over the past quarter and would you want to take profits and are you pushed a little closer doing that because the doj is hanging that sword of damocles over these names? >> i think you need to reduce your exposure. i think there's some extreme risk in these stocks and i don't think this is going to be the first shoe shathat's going to f on these companies. let's face it, they brought it on by their bad behavior. look at what google has done in the last couple days, trying to silence conservative voices, promoting views to them and the thing i always ask, if viewers has to style eilence conservati voices, obviously there are arguments against those conservative voices might not be very good, right? only reason you need to silence them, if the conservative side didn't have a good argument,

what's the point in silencing them. i think this is a much bigger issue. i think some of these companies, google mainly, twitter, have become big, i think they have a large power to control the media, and now they are actually working with the media to become a political organization. listen, they said hey, we are not going to hold you out to be a publisher but when you start looking at content and you start saying what content is good, what content isn't good, you are now a publisher. you are not a free purveyor of information. i think there's going to be more lawsuits, maybe even a breakup coming with some of these companies down the road. liz: well, facebook is up about .25%. twitter is slightly down. we are watching all of this. the one thing that's missing, i want our viewers to know this, is all of these protections that they want to remove and make sure if there's criminal intent, do not mention the doj does not

mention child pornography. it's got to get off these sites. it has to get off. teddy, phil, thank you very much. all right. we are looking at the dow down 49 points. we've got the closing bell ringing in about 51 minutes. ford caught in a traffic jam on reports the automaker could be closing up shop at its midsized suv plant in oakville, where it makes the edge. yeah. the canadian plant there. ford not commenting on closure rumors but it has denied it's exiting the midsized suv segment. ford down about 2.7%. this as the crossover unit at general motors prepares to shift gears again. up next, the engineer who turned gm's transmission factories into ventilator makers to save the nation from covid-19 is here. what she's doing now to get back into drive on auto making for general motors. "the claman countdown" is coming right back.

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liz: i've got a question for you. what if you're in the business of making door locks and suddenly you're told quick, switch, you have to make transistor radios? how hard would that be? very hard, right?

well, car companies from gm to ford to toyota began changing factories from cranking out transmissions and chassis to cranking out medical supplies back in march as the demand for medical equipment spiked due to the coronavirus. but listen to this. it took general motors just 11 daigl days of construction and training to get their employees ready, but have since made and donated more than three and a half million ventilators, face masks, face shields and more to nurses and doctors who desperately needed them to help the patients who were dying of coronavirus. jj shaheen is the chief engineer for global crossovers at general motors and was part of this effort to i guess to actually convert an assembly line from making parts for automobiles to making hospital gowns. you've got to tell us because you were very successful at it, how it went and what was the first order of business now that

it's in a bit of the rear view mirror here. >> okay. i will certainly try to do that. our work stream, we were project o because we had ventilators and masks and we really leveraged our design center resources at the warren tech center and we used their 3d printing to help us do some early prototypes, i'm talking specifically about our face shields. we took an open source design and started doing 3d printing of that. we had some of the design workers had friends and family in the medical field so we started sharing some of our prototypes with them and getting feedback, then we modified the design, then we were able to actually 3d print about 19,000 face shields of our initial design. then we went into production mode per se.

so you know, we were able to do that fairly quickly and really make a difference for the people that needed that type of equipment. liz: jj, did you get any sleep during those 11 days before you got it up and running? >> it was really busy. liz: this is such an incredible sort of manhattan project. >> it was. it moved very quickly. i got a call on friday morning at like 9:00 after our staff meeting and was asked to lead one of the projects, and i had two subsequent meetings that afternoon. i had a very small team assembled on saturday as like a meet and greet. quite frankly, most of the people on the team didn't know each other so we were meeting each other virtually, then we slowly pulled in more people. but yeah, we were able to move and mobilize and really leverage talent of the people in our organization. i was able to work with the team at the design center. those are the people that are normally used to building show

cars for general motors. so they are very creative and very motivated to make a difference. liz: well, make a difference, you all did. the kokomo plant in indiana turned out 30,000 ventilators. you are talking about a work force at general motors that to us looks passionate and heroic. i just want to say that. let me now ask you, when are you going to sort of shift back to retooling the plants to make what they were originally intended for? >> actually, our plants started running in the middle of may. so we started our plants back up and running. we have nearly 80% of our assembly workers back to work and we are accelerating in a very safe way. we had, you know, a safety protocol that we followed as a company. we wanted to make sure that we could keep the virus out so we have protocols around, you know,

asking certain questions, taking people's temperatures before they can enter the facility. we want to minimize the spread so we really beefed up our cleaning routine at our sites, then for any cases that potentially could present, we have very specific protocols for how we handle them. so we laid that out very clearly. we communicated it with our partners and our work force to make sure that everybody knew coming back what the situation was going to be. we worked with the cdc and the world health organization to make sure that we had all the right protocols in place. so you know, we received very favorable feedback from our work force with what we've done so far. liz: well, i remember back when the president tweeted come on, auto executives, go for it, let's see how good you are, and you proved just how good you

are. congratulations. we do really appreciate you coming on, jj, because to us, this is certainly showing the genetics of a company and that matters to our investor audience. jj shaheen, chief engineer at general motors. thank you. >> thank you. thanks for the opportunity. liz: closing bell ringing -- of course, absolutely -- 41 minutes away. the mlb, major league baseball, still hoping to make it out of the bottom of the ninth. up next, charlie breaks it on the league's newest pitch to get america's pasttime back in the game. will the players take a swing at it? charlie breaks it next on "the claman countdown."

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liz: you want those live sports, don't you? could major league baseball finally have the pitch that the players union has been waiting for to restart the season? charlie gasparino here with exclusive details on mlb's latest counter proposal. what's in it, charlie? charlie: i don't know exactly what's in it, liz. but here's what i know what's happening and you know, i started following this as soon as i woke up this morning. i just had a feeling that they were going to do something. the reason why is because there's been a tremendous amount of criticism, particularly aimed at rob manfred, the baseball commissioner, that he at one point said he was 100% sure there would be a season, then he

came back and said there wasn't going to be a season. the players got some pressure put on them because rob manfred basically felt like we need to negotiate the health protocol given covid that's still -- we're still in phase one of covid. so there was a lot to be said. there was pressure on both sides. and i was right, you know. i got beaten to the punch by about three or four, maybe five minutes by some dude at espn but from what we understand is this. listen, i don't cover sports all the time. it's not my -- it's not where my wheelhouse is but i do get involved in sports business and i think i kept our viewers up pretty much on this story. here's what i know. yesterday rob manfred met with tony clark of the players union. they hammered out some sort of broad agreement. both sides are locked into meetings right now. manfred apparently is not going to simply impose a 50-game schedule, as is his right under

the latest bargaining agreement between the two sides. so they clearly negotiated something. this is something more than 50 games and it looks like it's a little bit of movement towards the players and their demands which is more than 50 games and full salaries, obviously pro rated by how many games are played. what we -- there's lots of rumors around that it's 60 games, maybe 65 games. i'm just going to say this. based on my reporting, it's more than 50 games. it's -- it looks like this will be a negotiated settlement. if it's accepted by the players. now, i do know this. the players have been meeting and talking about this proposal for hours. i would say all day. i think there's a good shot they're going to have a response to it today. both sides are going dark on me which means something is coming down the pike. we are going to know exactly what it is probably today, maybe you will see headlines on your

show later on, keep an eye on that. but it looks like it's more than 50 games which a lot of people thought was why even have a baseball season that's more than 50 games. the owners are saying they don't have any money because they don't have fans in stadiums. they can't play 80 games at full salary. it looks like what they are talking about now is a 60-game season. it looks like they are also negotiating some of the health protocols. i mean, obviously there's not going to be fans in the stadium but there's other issues that you have to hammer out, make sure people don't get sick and we still are amid the pandemic and there's a shot that it's going to come out -- there's going to be a second wave. oh, liz, i just got confirmation that it is a 60-game season that's being proposed. so it is more than 50 games. it is a negotiated settlement here that's in the works. never say this thing is done, because we have been here before. until you see the press release. one thing i can tell you is that

they are, both sides, like feverishly going through this and negotiating this right now. they are on zoom calls negotiating this thing. this thing is being negotiated. now, it could fall apart. some guy could, tony clark might get mad at manfred. they have done that in the past. but it looks like this thing is going to happen. it's fascinating that it happened when it looked like it wasn't going to happen. usually that's what laphappens. when deals look like they're not going to happen, someone turns around and breaks the impasse. liz: well, what -- charlie: by the looks of it, we will probably have baseball. wait until the press release, though. again -- liz: oh, my -- charlie! i was going to say, here i thought they had gone dark on you because they just didn't want to hear from you. thanks, charlie.

got to go to atlanta right now and listen in. this is the fulton county district attorney announcing charges in the fatal shooting of rayshard brooks at a wendy's on friday night. >> so i want to explain that we have already had an opportunity to speak with three of the witnesses in this case and those are the three witnesses who are from west memphis, tennessee. we have had an opportunity to conduct interviews with seven other witnesses other than the three witnesses from tennessee. we have also had an opportunity to view -- let's see.

so we have had an opportunity to review eight videotapes, two atlanta body cam tapes, two atlanta police department dash cam tapes. we have also had an opportunity to review a wendy's surveillance tape. we have also viewed three citizens' cell phone videos. with many of the videos, we had the opportunity to enhance the videos so that we could get a better look. the other thing that we have had an opportunity to do is to view some of the physical evidence, the chevrolet trailblazer was a vehicle that was in the line at

wendy's on the night of this incident and it received a shot from officer ross' gun. we had an opportunity along with the gbi now to view that trailblazer. my office has had an opportunity to inspect the crime scene. we have conducted a canvass of the area. we started our investigation at about 1:15 a.m. on saturday morning and we have been working on this case around the clock since that time. next slide. we have spent some time examining the taser evidence in this case. we have actually examined and possessed the two tasers that were used. we have also had an opportunity to examine the taser logs that are prepared as the tasers are used, and we have also consulted

with a taser expert from the company that manufactures the tasers. we received a preliminary medical autopsy, we have received a preliminary ballistics report and in reaching our conclusions today, we have worked with both the bur as the atlanta police department. liz: all right. fulton county district attorney has announced that they have issued warrants for both officers, as we understand it. officer garrett rolfe who shot 27-year-old rayshard brooks friday night after he failed a sobriety test and began struggling with the two officers, and for the second officer, devin brosnan who is now on administrative duty. we are going to continue to monitor this. we will bring it right back. we have a volatile day. dow jones industrials have crossed the unchanged line more

than 106 times. right now, we are down 149 points. we'll be right back. any other announcements in this case, we will get them to you. stay tuned. with decisions focused on the long-term. and crucial when circumstances become difficult. that continued emphasis on people - our advisors, associates, clients and communities gives us purpose, strength and a way forward. today. and always.

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liz: we just want to let you know right now the fulton county district attorney is still continuing to discuss the case. this is paul howard on your screen. he has yet to announce specific charges against the two atlanta police officers who were involved in the fatal shooting of rayshard brooks. this was last friday night at a wendy's restaurant. right now, they have issued warrants for both of these officers and we are continuing to monitor this. the minute we hear what the actual charges are, we will get them to you. we will update you. i can promise you that. quick check of the markets. dow is down 150 points. all right. but between record low rates and this fanatical need to nest during the lockdown during the

coronavirus, according to the mortgage bankers association, home buyer mortgage applications spiked to an 11-year high last week. at what rate? the average contract interest rate for a 30-year fixed mortgage fell to 3.30%. with an avalanche of loan volumes because everybody was just piling in, enter ellie mae and its loan processing platform. 40% of mortgages written by lenders are processed through ellie mae's technology. the privately held fintech doesn't deal directly with consumers. it works with the mortgage finance industry to ensure a seamless closing of a mortgage. joining us now is ellie mae's ceo. jonathan, we are dying to know what the volume looks like right now. i want to know because is it too late? you've got a lot of fence sitters who wanted to refi or jump in and get a mortgage.

are y you are the guy who probably sees all the movement, right? >> yeah, i do. great to be here, liz. fact is, i don't think it's too late. the volume continues. it's true both on the refinance side which obviously started back in february and march before we went into shelter in place, but it has definitely picked up on the purchase side as folks have come out of some of the lockdowns and are looking to get into a home. so we are at historically low rates and the application rates we are seeing, you know, across the platform, are higher right now than they were at this time last year. both for refi and for purchase. liz: wow. you know, i remember it was march, about, where we were at about 3.36%, just as the lockdowns began. people were flipping out of their minds, they were so, so nervous and then they said wait, while i'm sitting here, why not apply for a refi.

i remember that even bank of america at one point was so overwhelmed with applications, they said no more, we got to put a halt on this. but we talked to quicken, they had thousands of people diving in and saying we want to reapply. how was that all put through the system? at any point, did you start to see some creaking in the wiring, so to speak? >> the system held up incredibly well. we saw the volume spiking across the industry. i think the industry as a whole did a wonderful job moving to [ inaudible ] folks on our technology but in general, across the board, this industry adapted so that they could do the refis to provide stimulus as we started to hit the economic downturn. as you just mentioned, rates are

continuing to be down and i think they will be down for awhile given, you know, what the fed has signaled and where the ten-year treasury is which you tie the 30-year fixed rate mortgage to that. liz: i'm glad you brought up the fed. the fed was very concerned and wanted to be stimulative during the early stages of the coronavirus lockdown. tell me, when you were looking specifically at purchase loans, who were they generated by? were they first time home buyers, second time home buyers? were they people who had been just waiting for that great moment? >> predominantly right now, what you are seeing is 60% of first time home buyers. i think coming into march, it was an expectation that we were going to see a robust market, you know, the demographics of the millenials, the population

is getting ready to move into homes and they are a big driver of it. then obviously, you went into a bit of a lockdown and folks went out looking, folks were afraid to show their homes and volumes came down. it spiked right back up in the last few weeks as people have come out of that lockdown and i think have had time to think about what they want. a lot of them don't want to be in the city anymore. they are worried about what happened with the first wave. they are worried about potentially a second wave. and i think people that have been in small spaces, in apartments, with their family, realize if they are going to have to be in place, they would like a little more space. not only are we seeing the spike, but we are seeing a spike out to the suburbs as well. i think it's that combination. inventory is still holding back but that's happening, we are

seeing it in home buyer sentiment as well. liz: jonathan core, helping lenders from wells fargo and chase and beyond get people out of hiding in their closets from their husbands during the lockdown. we know that happened. good to see you. thank you for letting us know all the hard work ellie mae and your employees were doing during this time. closing bell ringing in 17 minutes. the dow right now is at session lows. we just blew through the lows earlier. we are now down 212 points. s&p and the dow and the nasdaq are all in negative territory right now. we are coming right back.

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liz: we have breaking news. a bombshell has just been presented by fulton county district attorney paul howard, who announced charges against only one of the atlanta officers involved in the fatal shooting of rayshard brooks. this would be officer garrett rolfe. he has been charged with felony murder and aggravated assault with a deadly weapon. the bombshell really comes with the fact that the second officer, devin brosnan, has turned state's witness. he will testify against officer rolfe. warrants have been issued. we will follow up and update the story when we get the news. once again, officer garrett rolfe has been charged with felony murder and aggravated assault with a deadly weapon in the death of 27-year-old rayshard brooks last friday night at a wendy's restaurant. okay. let us make a pretty you. trade representative robert

lighthizer. he is testifying live in front of the senate finance committee on president trump's trade policies. obviously, we are very focused on what's going on here, knowing what the past trade wars have engendered. edward lawrence anies washingisn with the latest. they talking about china, or everybody? reporter: he's getting a lot of questions about china. u.s. trade representative robert lighthizer is telling them china is on track to fulfill their promises under the agreement for the phase one trade deal. he said china has done scores of things. he's saying scores of things to protecting intellectual property, saying they bought $10 billion worth of agriculture so far including a $500 million purchase of soybeans last week. >> every contact i've had with the chinese, they have reaffirmed their commitment to living up to the agreement. reporter: on the united kingdom,

he says that the two trade teams are talking literally as we speak. representatives this morning wanted to know exactly why we were doing a trade deal with united kingdom before the european union. listen to his answer here. >> why are we dealing with the uk before europe? because the uk wants to deal with us. reporter: that tells you exactly where they are with the european union. he went on to say it takes two to tango. lighthizer says it will be lo unlikely we will have a trade deal to announce by november but he's confident we will get a deal. he says the second round of talks will end next week. that's what they are in right now. he hopes to close out a few chapters of the trade agreement with the uk by next week. back to you. liz: edward lawrence, thank you so much. we are looking at a dow that has crossed the unchanged line 107 times but it doesn't look like in the next nine minutes, we will get back up to the flat line. we are down 186 points.

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♪. liz: we are now about six minutes away from the closing bell. a split decision on wall street. we're down 143. nasdaq is still positive up 22 but it does not look like in the next four 1/2 minutes we'll hit nasdaq 1000. all right, i told you, showed you at the top of the show that airlines were a big drag today on the stock market. but they're not the only travel and hospitality sector taking a pretty significant hit in the last couple minutes before the bell rings. to cheryl casone in the fox

business newsroom with a closer look what is going on today. reporter: that's right, liz. cruise line sector is in the spotlight. norwegian is suspending all of its voyages to the end of september. two month extension from the original date. this is norwegian, seven seas cruises. only alaska voyage at end of the september will be sailing. they canceled october sails from new england and canada. thinking that won't be too long before the other lines follow suit. royal caribbean, all in the red right now. if coronavirus cases rise will the cdc extend their no sale orders? there is no answer to that question. real quick to the hotel sector. more than 60% of commercial flights in and out of beijing canceled as appears there is a new coronavirus cluster. that is concern for marriott in

particular whose market share in china high priority for shareholders despite morgan stanley saying a second wave of coronavirus will not derail the asian economic recovery. a lot of red right there. still the group one to watch, not just for china story but if there is uptick in u.s. cases which could hamper the reopening process. liz, hospitality, leisure one of the final sectors to come back in all of this. liz: yeah. jerome powell has warned over the past 48 hours there has been long-term damage done that needs a lot of time to heal. certainly a wounded situation here. cheryl, thank you, cheryl casone. a czechoslovakia of the dow, we're down. 144 points. according to jeffries the hunt for yield and yield trade is set to revive. dividend are alive again. with some companies, 60 in the s&p 500 either cutting or suspending their dividends due

to coronavirus. where should you be looking? our "countdown" closer has done the homework, he has three names in the portfolio. we have clear bridge's investment portfolio manager. you have 120 business in assets under managements. i figure you know what you're doing. give us the names first off. >> we're trying to find companies whether we have v-shaped recovery or less positive that companies will endure or thrive. we're focusing on companies with predictable revenues, less economic sensitivity an strong balance sheets. things like comcast, american tower, next era. liz: ticker symbol nee. comcast, american tower, is there common thread? we're looking at dividends, not anything above 4% but they're

aristocrats, right? they are the ones that are sustainable and reliable, correct? >> that is exactly right. the importance of being a dividend investor in equities not just about the current yield but the ability to maintain the dividend in down markets like we're down today and growth rates over time. all the companies yield between 1 and 3/4 and 2 1/2% which is not bad, or eye-popping but all the companies we think we can grow the dividend at double-digit rate as far as the eye can see. whether there is second wave or things get much worse in the economy or things get much better, these companies will do very well. the recurrent theme, they provide utility-like businesses. comcast, obviously cable, people are watching more tv than ever. using their high-speed data. next era is actually an utility. american tower provides towers for wireless phones which nobody can live without. companies with recurrent

revenues, companies that will do well no matter what happens. [closing bell rings] lid michael kors sew, clear bridge investments portfolio. thanks for joining us. loss for s&p. gain for the nasdaq. you can concur equity markets still fragile. time for "after the bell." melissa: snapping a three-day winning streak on wall street as the dow end the down in a choppy session. i'm melissa francis. connell: i'm connell mcshane. good to be with you on "after the bell." it was choppy. the dow and s&p in the red, actually for the first time this week. the nasdaq ends up in positive territory and is now 1% away from its record close. so that story continues. we have fox business team coverage of our top stories today. blake burman is at the white house, jackie deangelis in our new york newsroom. we'll start on the north lawn where blake is looking at explosive new allegations surfacing late this afternoon from john bolton how president trump dealt with china. what is the latest.