earnest ramos is thank you for being here. [closing bell rings] new highs for the nasdaq. you're welcome, america. i didn't completely blow the gains for the day. "after the bell" starts right now. melissa: getting back to work. stocks climbing today as job growth jumped in june crushing expectations. i'm melissa francis. connell: i'm connell mcshane. welcome to "after the bell," everybody as we wrap up a trading week on a high note. major afterrings actually close near the lows of the day. they come off earlier highs. still up across the board. still another record second in a row for the nasdaq. we'll run through all the numbers and top stories for you as we have fox business team coverage set up. blake burman at the white house. jackie deangelis at the newsroom in new york. edward lawrence is in washington. that is where we start reporting on the blowout jobs report.

edward? reporter: connell at no time in american history has the economy created 4.8 million jobs in one month until now. when you look under the numbers, the gains get even more impressive. you have 40% of those gains in the leisure and hospitality sector as hotels started to reopen, states started to reopen, bars restaurants, early part of june there. 2.1 million jobs created in that sector. leisure and hospitality in june alone. the largest increase in history. now some forward-looking indicators are in the report. construction workers are coming back. another 158,000 hired in june, making a two month total of 622,000 when you have them building houses and building buildings. people then feel that. it's a ripple effect in the economy down the road. right now half of the people who lost their jobs in the coronavirus shut down have been rehired. he will not be happy in the

administration until everyone who lost a job has one. >> we can get people back to work safely n the treasury we'll take more people back. we're social distancing. we're checking people's temperature at times. there is a safe way to reopen the economy and we're going to do that carefully. reporter: that reopening has been happening. there was significant job gains in retail and manufacturing with numbers substantially increasing from may to june. the federal reserve chairman says now we have to see if the consumer feels confident to go out and spend. that total confidence may come from control of the coronavirus which now we have spikes in some 32 states, seeing 20% or more in cases. they have got to control the hot spots. back to you. connell: all right. edward, we stay in washington now. head over to blake burman with the white house interpretation of all of this. blake? reporter: connell, within minutes of the stock market opening today, we saw president trump take to the white house

briefing room to tout not only jobs report from june but also the may report as well. the president combining the two, saying that shows that his economic policies are working at this point in time. it is interesting, because we have heard a very consistent theme from the president over the last 24 hours or so, starting with when we interviewed him yesterday up until this morning as well. the president is now starting to buildout the argument that the upward trend will not continue if he is not reelected. >> so these are numbers that are not numbers that other presidents would have and they won't have it. the only thing they can kill is a bad president or a president that wants to raise taxes. you want to raise taxes? this whole thing, your 401(k)s will drop down to nothing and your stock market will drop down to nothing. this is not just luck what is happening. this is a lot of talent. reporter: still now across this country there is 11%

unemployment. another relief package of some form is expected. treasury secretary steve mnuchin suggests that could include money for schools and universities who need to spend on safety measures to insure that children and students can attend in the upcoming weeks and months in a safe manner. >> one much the things we'll look at in cares four if we need to give money to schools, to properly equip their areas, i think that is something that will be -- we want to make sure that kids are safe and that if there is money that schools need to spend, to safely have people in classrooms, social distance, spread things out, change hours, these are all the things we're looking at. reporter: in a statement reacting to this the top democrat in the senate chuck schumer writing in a statement quote, today's jobs report may be a slight peak in a much larger valley. unless president trump demonstrates real leadership in

fighting the health crisis and senate rub republicans finally get off their hands to work with democrats to provide fiscal relief the person from americans will only worsen. that is the take from democrats, clearly connell and melissa, a different picture what they're saying over here at the white house. back to you. connell: blake burman on the north lawn for us. thank you, blake. melissa? melissa: let's go to jack did i dee dee with more on the markets -- jackie deangelis. reporter: melissa, the jobs report that edward mentioned that created momentum. we finished up 92 points higher on the dow jones industrial average but as you guys also pointed out, off the session highs but not on the session lows either. that is because the market is balancing good news on the job front with a spike in coronavirus cases. it worries that we may see some reshutting down as we go through this process but we'll see what happens. let's take a look at the boards for the week because it was a pretty good week for the markets

here. you can see the dow was up more than 3%. the s&p 500 up more than 4%. nasdaq a winner again up 4.6%. i have more for you on the postmates ipo. i'm told by sources that the s-1 for the listing that will be on the nasdaq will be early next week. the ticks kerr symbol will be mate, m-a-t-e. valuations for postmates could be as high as 3.9 billion. postmates the last evaluation when it raised money in 2019 was 2.4 billion. some time has passed since then. i will mention this, new ipo, lemonade, doubling its therapy price showing there is appetite for new issues. melissa: we love it. thankthank you, jackie. connell. connell: you know the news. let's talk about it with douglas

holtz-eakin, former congressional budget office director. this jobs report was terrific considering where we've been, to come back to see this many people coming back to work at once. as jackie and others pointed out concern from the half empty crowd, we're starting to slow down the recovery in some southern states with the spike in the virus. where do you think we are, what is your level of confidence in the recovery? >> i think we learned some important things from today's report. in the past two months the top line jobs number, 2.7 million, 4.8 million, has tracked exactly number of temporary lay offs that have gone away. we're pulling back into work. those people temporarily laid off, that can be really easily employed. that is good news, there were 18 million people classified as temporary layoffs in april there is a big part of the labor force out there prepared to come back, seemingly coming back really quickly. bad news is, about two million

of those were in leisure and hospitalities. if we get the spikes in hot spots those are most easily sent back at home. that will offset gains we had today. this is a strong report. unemployment rate came down dramatically, even though the bureau of labor statistics started counting it correctly. you can't complain what you saw about the numbers because that is just about the future. connell: right. you can't complain about the future, demographics, whatever group you look at, education levels, whatever it is, everybody is getting better. everybody is improving. we have a ways to go, losing 20 plus million jobs in march and april. getting 7 1/2 million thereabouts back. that brings up the next conversation at least people in washington are having. do we push forward with aggressive stimulus? the president talked to blake burman yesterday about supporting direct payments to individuals but it seems like the real sticking point here, between republicans and democrats will be about whether it's a good idea to extend the

enhanced unemployment benefits. what do you think we'll see and what do you think we'll see it? >> i don't think we'll see an extension of $600 unemployment benefit as it is. it's a too big after hurdle to get a vibrant labor market. everybody should want to have a vibrant labor market. that will have to be modified. made smaller, interfering with going back to work, that is inevitable. today's jobs report we saw clues about what might happen going forward. we didn't see continuing job losses in the state and local sector. that is a big concern of democrats. job losses earlier seemed to bottomed out. taking some pressure off of that. what we learned since we got data on the fall, in the crisis, is that the real hit to spending was high income individuals who are unwilling to go to places where they would be physically exposed. that is going to put a premium on making people feel safe when they go out. i think targeting any spending

on making things safe will be a key to being effective. sending stimulus checks to low-income individuals doesn't address that need. they will have to craft this to be effective in the community to get people back to work. connell: almost like the best economic stimulus in some ways is just following the guidelines being healthy as possible. >> yeah. connell: you see more and more public officials maybe weren't promoting wearing masks for example, now starting to do so. the vice president down today in florida, making sure he had a mask on when he wasn't speaking. same thing for the governor of florida. maybe there is something to that, doug, is that if we can stay healthy, that we don't have to shut it down again. nobody wants to go in that direction. >> lockdowns are the most damaging economically and buy us the least in public health. social distancing buys you enourmous amount. masks buy you more. lockdowns doesn't buy you much in reduces infections. but cost us enormously.

we have to not buy the lockdown as the tool we use to address the spikes. connell: are there other stools economically is the final point, other than just avoiding it through the best practice? >> we can, we can. you know, help people buy ppe. make sure people are protected. help businesses modify the workplaces and customer spaces so they are in fact safer for people to work in and to shop in. there are things we can do to work in the presence of this virus as opposed to try to hide from it. the second strategy we tried it, is enormously costly. it didn't solve the problem. connell: right. if we do it right, we keep the momentum that clearly is going in this economy. then we can keep it going. doug, good to see you as always. have a good fourth. douglas holtz-eakin thanks for joining juice if you don't want to get back locked inside, wear a mask. i got it. new york city slower recovery of phase three opening next week as

big apple residents brace for new setbacks amid rising cases. we'll talk to new york city councilman steve 11 on a safe path forward next. we'll talk to one georgia restaurant owner about the hurdles she is facing keeping customers safe ahead of the weekend. power hitting the road. dodge revealing the new muscle car lineup. oh, well give you a sneak-peek. stick around. ♪ i like liberty mutual. they get that no two people are alike and customize your car insurance so you only pay for what you need. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

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♪. jo slowing down progress. new york city preparing to enter phase three of reopening on monday but local officials are halting the go ahead for indoor dining after a spike in coronavirus cases across the country. here is new york city councilman steven levin who has been with us many times to break it all down. councilman, thanks for joining us. >> thank you, melissa. melissa: do you think this is a wise move, and what do you think inspired this? >> i think this is a wise move this is all new and unprecedented. governor cuomo and mayor deblasio made the right decision to put their foot on on the the

on brake a little bit. we've seen astronomical increases around the country. in new york, if you look at our curve, our curve has gone down very significantly. we're at 100, 200 new cases per day in new york city. only about 21 or 25 new hospitalizations per day in new york city. you compare that to 10,000 new cases in florida and in other states around the sunbelt. so we want to protect what we have right now and so slowing down opening up restaurants again is i think a wise decision. one thing i just want to say also about why new york has been able to get finally ahead of this is, new yorkers themselves have worn face masks. they have socially distanced. they continue to do both of those things. if you walk around new york city, any neighborhood in new york city, you will see the vast majority of people wearing masks. that is something that is now

widely accepted around the country as being very effective. and you know, right now the president seems to be the only one that is kind of, he is an island of denial but everyone around him is seeing value and that it -- [inaudible]. melissa: i wonder though -- >> for all your viewers around the country. melissa: from a new york point of view i wonder if, my only thing is, is it possible that who was going to catch it here kind of got it in the sense that it is already swept through? i agree with you, yes, you're right, everybody has a mask on but we did have a massive outbreak, for example, i have been exposed so many times and have never gotten it. i have the antibody test. i had regular test. i had more tests today just to make sure. seems like those who are going to get it, got it, maybe that is why our numbers are so much better? >> when they did antibody tests

back in may, the state did a random sampling of antibody tests in new york, around new york state, concentrated in new york city. showed about 20% of new york city residents had the antibodies. if you've been sick and no longer susceptible to the virus, at least as we know now, we understand right now, that, you will show up with the antibodies. up 20%. now maybe up to a few%, maybe up to 25%. all the epidemiologists say you need 60% of a population or more, 60, 70%, to start to approach the herd immunity. i think we have a long way to go. what worked in new york city, i really do believe it is people wearing masks and socially distancing. you saw tens of thousands of people out protesting in the last five, six weeks, we haven't seen a spike associated with that. almost all the protesters are

wearing masks. and i think that is the main takeaway. melissa: yeah. i don't know, i just, i have encounterd a lot and lot of women like me houses had it, women in their family, taken care of without a mask, have been tested, been tested for antibodies, still haven't got it. i think there are things we don't know. i think everybody should play the mask. i am not downplaying masks at all. what do you think about going back to school? that is the big hurdle here? everyone is really concerned, if you don't send kids back to school. hard for parents to get to work, all that kind of stuff. all the kids are suffering from home. they're learning is going down. they're gaining weight. losing social skills and brain skills. it is not good. there is a reason we send kids to school. what are your thoughts on that? >> we have to take a lot of time in the next two months, beginning of july, as between

july and august, we can't take a summer vacation this summer and not figure this out. this will take a lot of work and a lot of coordination between the department of education here in new york city and the department of health, making sure that, i mean there are different ideas being put out there about alternating days but those are all very difficult. so if you're a working parent, having your kid home one day, at school the next doesn't really work for us. we have to kind of got to have a citywide conversation about how we're going to, how we're going to do this in the fall. i think those conversations are really starting. but it has to happen on a much broader scale with a lot more input. it has to be front and center all summer. again, a lot of it depends on what happens and whether we're able to keep our cases down low for the next two months. and that's why this testing and tracing, contact tracing, hopefully that will be effective. so far right now we're in a

position where we can keep, we can keep it contained if we do it right. melissa: okay. come back to give us an update on that. i have to say i have a child in public school, a child in private school. the private school has a plan. they have masks, tests they have a plan. they laid it out. parents of public school, nothing. got to get the department of education. give us an update. thank you. >> thank you. melissa: connell. connell: melissa, we, in a moment we'll talk about the demand for answers on the u.s. response. top lawmakers receiving their first official briefing from intel officials on the reported russian bounty put on american troops. we'll have the story. we're live from capitol hill in just a moment. plus the pandemic has one busy thing on millions of dollars ahead of a typically busy holiday weekend. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard

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♪.

melissa: "fox business alert." texas governor greg abbott just issuing an executive order requiring all texans to wear face covering in public spaces. and counties with 20 or more positive cases. the governor also issuing a proclamation eliminating outdoor gatherings of over 10 people. connell. connell: let's switch to capitol hill now as congressional leaders get their first briefing on russia bounties on u.s. troops. it comes as the credibility of the intelligence has been questioned by some. chad pergram covering it all live on the hill with the very latest for us. chad. reporter: good afternoon, connell. this briefing broke up, virtually none of the congressional leaders in the briefing said anything. anytime that things go quiet on capitol hill, that was a signal what was said behind closed doors is gravely serious there is question whether or not democrats knew about this some months ago. this is something that tom cotton, republican senator from

arkansas has raised. >> we also know that nancy pelosi and chuck schumer and adam schiff have had access to the same intelligence for months, they haven't been taking action on it, screaming in front of cameras until "the new york times" published this story. reporter: house speaker nancy pelosi said the president should have been briefed on the intelligence. she said it was credible enough. i asked her earlier this afternoon if she knew about the alleged bounties in advance? >> i didn't know about it, but i will say this, it was of a consequence level that the intelligence community should brought it to us in that way. reporter: as you know there is a dispute abouted credibility this intelligence. there is dissenting views in the intelligence, why they're trying to parse through and being so quiet. house speaker nancy pelosi indicated she would like sanctions imposed on russia. you know yesterday in the senate, this deals with troop ins afghanistan, rand paul,

republican senator from kentucky to remove all troops from afghanistan. the senate voted to table the protelephone. con snell? connell: chad pergram on capitol hill. melissa: showing no signs of slow down as they have record bridging number of case. as we than about people headings out for the fourth. a auto maker unveiling what is calls the mouse powerful suv ever. jeffrey epstein's girlfriend, gill lien maxwell. -- ghislaine maxwell. including four charges of conspiracy, enticing, transporting minors for the purpose of illegal sexual acts and two charges of perjury. if convicted she faces up to 30

years in prison.

♪. melissa: vice president mike pence is in florida meeting with governor ron desantis amid rising infections of covid-19. the state is marking a new single day record with more than 10,000 cases right before the 4th of july weekend. fox news's phil keating is live in miami with the details. reporter: hi, melissa.

it's a beautiful day to be out on the beach, typically beginning a very long 4th of july holiday weekend but this is turning out to be the very last day anybody can be on the beach for the entirety of the weekend. the beaches won't open again at earliest until monday here on miami beach until tuesday. fireworks shows are canceled as wells. beaches will be off limits to people. however, that is in south florida. on the west coast, the gulf coast part of the state, there are beaches there where commissioners have voted to keep them open all holiday weekend which is not pleasing to the mayor of fort myers beach. >> they're piled on top of each other in the county pier. they're piled up and down each other on the county parks. so god help us all. reporter: in miami beach old rules are back. south florida surges in new positive test results.

the midnight curfew has returned. mask wearing in public is mandatory for the two counties. they are ordering restaurants to close from midnight to 5:00 because they have basically been turning into bars. >> people need to treat this like a hurricane. hurricane is coming to my community. we don't care what party you are. that is not like we're worried about insulting the family. we do the right thing. and we act responsibly for ourselves, our neighbors. that is what happens. reporter: nationwide, 36 states are reporting increasing covid cases over this past week. that is up from half the states just 10 days ago. florida, california, and texas have been seeing record numbers in the past week. available beds at some houston hospitals now said to be disappearing, alarmingly fast. elective surgeries in south florida are now being canceled and delayed again, to free up resources and bed space

just in case. as for the surge, a lot of elected officials and public health experts reported about two weeks after memorial day weekend, that is when they saw these spiking numbers. they attributed it to everybody getting out of their houses doing something normal, like going beaches, parks, backyard bash excuse, when they had been sheltering home for two two months and likely spreading the virus around. the state health department also announcing that the youngest person now said to have died in the state of florida was an 11-year-old kid. back to you, melissa. melissa: oh, that is heart break. phil, thank you. connell. connell: all right we switch from florida to georgia where restaurant owners are preparing for tourists this holiday weekend. they have also seen a rise in cases there. we're joined on the phone by susan bates. susan the owner of a restaurant

in brunswick, georgia. what do you expect this weekend, susan, to be like? >> well, of course this holiday weekend, 4th of july is busy for the islands and brunswick every year. because of the rise of numbers of covid cases in our community, several restaurants on st. simons and jekyl island closed temporarily or just limited their services to-go orders. we're still up in brunswick but on very limited seating, encouraging people to go on delivery service. connell: so if someone is closed on jekyl island as you say, would that drive business to you and if so, are you in a weird way actually concerned about having too many people? i know you would love it for your business, but having too many people around is that something you have to manage? >> it is something i have to manage for the safety of my team and for the safety of our

customers i can have 85 people in my restaurant. i'm limiting it to 25 people inside. i had bands scheduled this weekend and i have canceled that. i'm just trying to provide a service to the community and trying to walk that balance between wanting to have business and not wanting too much business. i'm just very worried about the spread of this virus. connell: yeah. we've certain it in other states. we've seen it in georgia. just a moment ago the texas governor, governor abbott, issued a mandatory face mask executive order. there are exceptions, for the most part people in texas will have to put the masks on which is reversal of is earlier position. georgia it is still voluntary, right? what is it like in terms of masks? >> it's voluntary but we certainly encourage mask-wearing. at some level it is controversial but not for us.

we feel following cdc guidelines and wearing face masks, we watch our hands all the time. we sanitize every single thing that anybody touches here between guests. and we're taking it, extraordinary measures. i believe other restaurants are doing as well. several restaurants have reopened. they have had, like terminal disinfectant cleaning happened at a awful lot of restaurants here. they're trying to get people back to work, trying to get open for the weekend and holiday season. connell: how are you doing financially, susan? >> not great. it is, you know, since this all started we've been down as much as 85% on our business. it is not that bad at the moment but it was. so we're trying, we're in recovery mode and, so having another hit and another round of this has certainly, is certainly scary to manage and maintain

your business. connell: i bet. boy, how long could you keep going like this? >> i'm fortunate enough to be recipient of some of that ppp money intended for payroll. that certainly kept me afloat for a while. that is not going to last much longer. so, i don't know, i guess you have to sort of rethink your business all together and do the very best you can. i don't want to close the doors, but you know, you have to do what's smart and best financially. connell: well, from what you said, certainly sounds like you're trying it your best to do that, trying to keep everybody safe. also trying to keep your business afloat. we wish you nothing but the best. susan bates in the state of georgia. thanks for being with us today. melissa, back over to you. melissa: sparking a recovery. the fireworks industry under pressure as the pandemic weighs on what is normally of course a very busy season for them.

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♪. connell: you know this 4th of july weekend might end up being a hot quieter than what we're used to as fireworks displays across the country have been called off because of the

coronavirus. jeff flock has more on the story live today in ridge view, illinois. jeff? reporter: i come to you, connell, from the parking lot, middle of the parking lot at seat geek stadium behind me. this is where they have a drive-in fireworks display tomorrow. it is one of the few fireworks displays have not been canceled this year. they changed it to a drive-n. here is the problem, there are typically 100,000 plus fireworks displays across the country, from new york to small towns and most of them have been canceled. the pyrotechnic industry though is getting killed because of that. they already bought the fireworks. a tough situation. i talked to one of the small businesses today. we spent a day with them on fox business, who are setting up this display here. asked him, how many would he do in a typical year on the 4th of july. listen. >> six to seven, seven to eight.

reporter: and this year? >> just one. reporter: this is it here. seat geek stadium outside of chicago. you still bought all of the fireworks for all of the other displays, right? >> absolutely. we have thousands. we have to. we have thousands of dollars sitting in our explosive magazines. and, probably just be sitting there for the rest of the year. reporter: can you survive through this? now we have another potential wave? some of these fireworks displays have been maybe put off. they may be canceled period. >> it is uncertain but we're hopeful. we'll give it a go. reporter: there are 150 countries around the country, connell that do the big fireworks displays. 4th of july, that is jackpot for them. that is christmas morning for them. for most that will not happen. he has a 36,000-dollar annual insurance premium he has to pay. he has to keep it active.

he has virtually no income. good jobs data today, if you're in this industry, there is no joy, connell? connell: no, it's a tough spot. jeff, thank you. melissa has more on all of this. melissa: so our next guest is helping to put on one of the biggest 4th of july events in the country. joining us pyro spectacular, jim souza. i understand you are part of the mount rushmore spectacular. what will it be like? >> it will be great. i'm here at mount rushmore. i climbed up there this morning with my two sons, nephews, nieces. we're all in good shape. coming from multiple locations. there hasn't been a show here in 10 years. we're proud and honored to kick off the independence day weekend tomorrow night here at mount rushmore. melissa: inspite of that though it has been a very tough year as well. i'm sure you heard the story before you.

how many shows would you have generally done and how many have you done? >> well, typically on the 4th of july we would do around 400 shows. this year, as of a few days ago, we were only looking 10%. around 40. overnight we may be in single digits by tomorrow due to the recommendation by governor newsom to cancel all fire works in california. melissa: wow. what will that mean to your business? will you be able to stay in business? what will you do with all the fireworks? >> that are two questions what are we going to do? we're actively working together with the "american pie" protect nick associations and other board members, we're working hard with congress and reaching out to our senators and, getting our message out that we're an industry in crises. we're struggling and we need help. we need help from our government to help fund us in different

ways, much better programs with the ppp and the idle and there is a restart program that looks pretty good. we're hopeful that something like that will happen for us, fire work entertainment industry as well as the overall entertainment industry that has been hit hard by this coronavirus. melissa: so you haven't been able to participate in these programs already? >> i have. we were fortunate to have the ppp program. sadly we have 50 full-time employees. we had to lay off or furlough 25 of them in late march and april. we got our ppp in april which only lasts eight weeks. we were able to bring them all back. they were able to be paid fully, with all the medical benefits t was a wonderful program except that it expired, when i really need it june 15th. now we still have everybody back, we're working off deposits. we did receive an idle loan

which were expecting two million dollars. we only got $150,000 that is enough for one week expenses in my business. melissa: how soon do you think it will be when you're able to resume business and you won't need that help? do you have any idea? >> yeah. i've been thinking about it. i think we'll be on a two, 2 1/2 three-year recovery period. in our business we're a public display company, meaning we do everything outdoors. major league baseball, minor league baseball, concerts, theme parks, even high school graduations. so we rely on outdoor events and public gatherings. until our nation and the world for that matter is allowing that, we get a vaccine i think we'll be struggling for some time. melissa: i'm so sorry. thank you for coming on to share your story because we always want to put human faces to the businesses that struggle. people understand, that real people and families.

best of luck to you. we will certainly be watching mount rushmore. thanks for coming on. connell. >> thank you. connell: all right, melissa, we in a moment have the debut of the world's most powerful suv. dodge has unveiled a family car that apparently can to 180 miles an hour and we have an inside look at it. that is coming up next. ♪ this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.

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♪ ♪ connell: muscling in, dodge unveiling a new muscle car lineup that includes its parent company fiat chrysler as the world's most powerful suv. so we bring in our foxnews.com automotive editor gary gastineau with all the details on this.

gary? >> yeah, so this is the dodge durango srt hellcat. it goes 180 miles an hour, it'll cover a quarter mile in 11.5 seconds, quicker than most sports cars you can buy today. they've introduced a new version of the dodge challenger with 800 horsepower and split the difference between family cars and sports cars, they've got the new dodge charger sedan with 797 horsepower. all these cars share the same motor, it's called the hellcat. dodge introduced it back in 2015 with only 707 horsepower back then, but more power and more models ever since. i talked to dodge -- i'm sorry, the fiat chrysler head of passenger cars brand that includes dodge, asked him why the world needs cars like this. he said it doesn't, but their customers want them, so he's going to build them for them as long as he can. dodge seems to be doing something right, it just became the first american car brand to

top the j.d. power initial quality study. connell: it's interesting to ask somebody why do we need a car like this, we don't, but it's interesting because they're building them because they can, an suv that goes 180 miles an hour, right? >> yeah. the amazing thing is they've been selling on average over 10,000 of these every year since 20 the 15 in all the various models, and the prices start add 60 grand. these are not cheap cars. more importantly, that creates a halo for these models. you see a lot of dodge challengers, they have six-cylinder engines. people buy them because they know this exists. the dodge durango has the sports car hook, you can get it with a powerful v-8, but this pushes it over the top. they're only going to make that one for one year though because it's not going to meet emissions requirements come anything 2022, and, in fact, tim said sooner or

later we're not going to be able to do this anymore, we're going to electrify it, have a supercharged hybrid motor or go all electric. performance is not going away because that's what dodge customers are looking for. connell: you know, i know suvs are made, many of them, like sports cars now whether it's porsche, mercedes and bmw make them, and they drive pretty much like sports cars. this one looked a little higher, maybe i'm seeing it wrong in the video, like a traditional suv. just wonder about safety. the thing's not going to flip over going so fast, but i'm sure they know what they're doing. >> yeah, look, they have very good suspension, and this is designed to go around a racetrack, in fact, they riced it around the 2.1 million road course, and it's got an active suspension and all that. still not going to give you the same handling as the sedan or a sports car, but better than it used to, and it's got all the safety equipment, stability and

traction control, all of that. but really it is about that straight-line power, that quarter mile speed. and if you lived in germany, i guess, that 180 mile-an-hour top speed. connell: all right. we're going to wrap it up here in a minute, gary, but before we let you go, it's interesting in this time, you know, we're talking about something normal for a change, which is nice. but you're connected to this business. how ooh's business? people getting out and shopping, looking at cars? more difficult to do, but -- >> yeah. it was a pretty rough month for a couple brands, not quite as rough as expected. truck sales are actually pretty strong here in the u.s. right now because if the economy's coming back. people need those trucks. consumers, they're holding off their sales a lot, and that's where you're going -- purchases a hot, and that's why you're seeing a lot of these new deals. ford just put out a new plan where they'll buy your car back within a year if you lose your job.

there's a lot of concern, but things may start coming in the later part of the summer. connell: gary, always appreciate your perspective and thanks for joining us. thanks everybody for joining us. have a great fourth of july with your family. melissa and i will see you on the other side of that. thanks a lot. ♪ if. lou: good evening, everybody. president trump's bold decision to encourage recalcitrant governors and liberal mayors a across the country to reopen the nation for business is proving to have been the correct course to begin to restore this nation to normalcy and to trump era prosperity. president trump has been roundly attacked, of course, by the radical dems and the left-wing national media and the ever-questioning rinos for making independent decisions on his own based on his analysis of risk and the desperate need to get americans back to work and to get our great capitalist economy fired up and