market keeps going up. we keep spending. we're borrowing it but we're still spending and the market is nice for now and go out and enjoy yourself because again, you don't know when you might be locked down again. liz claman, i can't wait for the last hour of trading. elizabeth: hey, you know that tim mcgraw song live like you were dying? charles: yes, absolutely. i love that song. elizabeth: so do i. we never know, let's have a great time. we're not saying live beyond your means but that said, happy friday charles. thank you so much. so much. charles: you too. elizabeth: while charles was talking, the dow punched into positive territory for the moment. it's down at the moment but there's a big movement, fox market alert and one fascinating friday kicking off the final hour of trade and normally, we don't start with fed funds future and we kind of have to. considering in the wake of the blow out july jobs report, the

markets are putting the odds of a 75 basis point interest rate hike at in september here. 69.5%. just yesterday that number was 34%. more people had thought, it'll be 50 basis points. now everybody thinks it'll be at least 50. nearly 70% think it'll be 75 basis points. you can see the stock market is working through the futures of this morning's july jobs report. that was nothing short of explosive. dow is up five points. so see it's there. s&p, down 19 and the nasdaq down 111. we have green for the russell. the u.s. economy haded 528,000 jobs during the month. that is more than double the expectations. then the unemployment rate kicked down one tenth to three , the lowest in more than five years. real muscle in the private sector also. the s&p opened at the lows of the session and you can see in

the intraday picture and fell about 44 points as investors fretted the fed will be forced to use a heavier rate hike hammer but right now you can see it's paired those losses down 19 and almost made a go of it. it was pretty much flat on the session. you can see just after 10:30 a.m., but we're watching all of this and as investors absorb the meaning within that job report, president biden spoke this afternoon on surprisingly robust number, that bolsters his belief the economy is slowing but not per happens in a traditional recession. even though we have now seen two consecutive quarters of gdp contraction. he pointed to gasoline prices, which have retreated from an average of $5 a gallon to what are we looking at today? $4.11. a week ago $4.25. a month ago, $4.80. that's not the only commodity rolling over. last night tesla cyber roundup event, elon musk declared it looks to him that inflation has

peaked for now. >> have some insight into where prices are headed over time and interesting thing that we're seeing now is that most of our commodities, most of the things that go into a tesla, not all but, i don't know, more than half, the prices are trending down in six months, six months from now. elizabeth: he said that could still change but the message from falling prices and the jobs report was translated immediately to treasuries. bond yields soared and see the 10 year yield up 13.9 basis points to 2.836%. by the way, the 10 year on wednesday was at 2.75. there's still a marked inversion between the 2 and the 10. this gap has widened. between the 2 year hoovering at 3.23% and the 10 year looking at a minus 40, 41 basis gap point

now. in the 46 days between today and the september fed meeting, how do you position your for the stock picking guessing game ahead of the decision? right to the floor show, here to tackle the federal reserve side, senior writer jonathan and on stocks trader scott bower. happy friday, you both. the fed path can shift next week, john. we know we're getting -- what's become one of the most anticipated inflation gauges, the monthly consumer price index report. that's out on wednesday. headline number expected to duck below 9% from june but for now, if the meeting were today, and the fomc fed heads were getting together, give us the fed's thinking and what they feel they must do. >> if they were sitting around today, they'd say thank goodness we don't have to make a decision today because the next meeting is in september. you were exactly right, liz, these cpi numbers, the inflation

numbers, in my mind, everything hangs in the next, say, 8 to 12 weeks on what happens to inflation. you know, if we start seeing some relief on the inflation front, we're seeing some signs of it, then the fed can maybe hard and the market might not be ready for that. right now we see some signs, gasoline prices coming down and i'm not convinced by it yet and i think the fed will need a lot more before they decide that they should pull back a little bit from this rate hike campaign they're on. elizabeth: john, i think that's an interesting point because you were the guy who just about a week and a half ago or so, you coined this term jobful recession. could you explain. >> well, you know, one of my

analogies for the economy right now, imagine you got a big fish tank and you drop a bunch of rocks into it. even after those rocks settle down, the water will still be flying all over the place, and that's what's going on in the economy. we had covid, we had the russia invasion, we had massive stimulus from the fed and the federal government, and there's still a lot of splashing going on. gdp output, economic output, contracted in the first half of the year, but the job market is still going strong, and that's the kind of turbulence you see in the economy. output actually got above pre-covid levels last year and the job market is only now catching up to it. there's just a lot of turbulence and the fed needs to see the things play out. that's why we have output contracting and jobs rising, jobful downturn as i called it. elizabeth: jobful -- okay, jobful downturn. >> call it a recession. elizabeth: scott bower, guide us

please because when it comes to investing in stocks, how can you look at this as some type of who horrificically flagging economy and some commodity prices are rolling over and it's not just oil, wheat has come down and corn has come down. there's very expensive things out there and i'm looking at the dower leadership at this very moment, jp morgan is popping dramatically along with goldman sachs and cvs and interpret this higher bond rates, is that good for the financial s? >> it absolutely is. jon said it perfectly if the fed had to make a decision today, they couldn't. they're in a corner. they are absolutely sandwiched into a box. fortunately they're going to get not only two cpi reports before their next meeting in september, they'll get another jobs report. it is really tough, liz, and to

just pick a sector, to just pick a sector and say, you know what, this is going to be where you want to be for the next month, next six months based on inflation or based on recession. almost impossible to do because we see the landscape changing on a daily basis. there are two stocks however that i think regardless of what happened going forward in the next quarter, next two quarters, i think can stand out. the first one is avis, c-a-r, stock is in the same place as last november. the results they just had, eye popping. summer travel the busiest we've seen in a long time. they have a billion dollars cash in hand and just in the second quarter bought back $2 billion worth of stock. yes, used car market is cooling down a little bit, but what they do to supplement income is settle off their used cars to make room for a new fleet.

i love avis. second one is energy. energy stocks are getting hit lately. i love this, devn energy, d-v-n. they've benefited from a massive run up in the energy space on this pullback here, they pay a huge dividend, over a 10% dividend, and they are expecting free cash flow this year, liz, of over $6 billion. so those are two stocks in completely different sectors, which is why i'm pointing that out because i don't think you can just say, i got to be long energy, i got to be long whatever it is. those are ones that i like. elizabeth: tech or something like that. >> liz, can i jump in on what scott said about energy, which i find so fascinating because the energy sector right now is booming, you know, europe is scrambling for resources, and they're getting from the u.s., natural gas exports proudly supports the u.s. are record levels, rich counts are rising again, and if you look at our

latest trade numbers, our export situation is improving because of energy. no one would have expected joe biden to preside over a fossil fuel boom but seems to be win to this because europe is desperate for our energy resources right now. elizabeth: yeah, and natural gas is pulling back today by 1.25% but still, you know, $8. we've seen a lot higher recently, same with oil. gentlemen, thank you very much for weighing in on this freaky friday; right. it is really interesting. can we see the dow make a run for the border? the green border; right? it's been positive throughout at least part of this session, but what a comeback after having been down 237. when we come back, all right, here we go. we've got much more ahead. top gun maverick giving the king silverback ammunition as theaters turn on the after

burners and people are beating their chests. a stunning reversal in the stock at this hour. amc ceo joining us live next. after plummeting to the depths this morning, amc shares are shooting for the moon. the "claman countdown" is just turning on its after burners. you've got to stay with us, we're coming right back.

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elizabeth: this isn't even the highest of the session. we're just off the highs of the session. look at amc. forget the mouse that aaron aaronrodgers and robert -- moust

roared, it's the dinosaurs and punching the stock higher nearly 20% forcing an epic turn around in the stock from just this morning. shares of the world's largest movie theater chain badly stumbled this morning at the open hitting session lows of $16.50 but right now stand at $22.36. this inter-day picture really tells the story, but earnings are just part of the story. amc did report a wider than expected loss of 24-cents per share in the second quarter, but that was way narrower than the $344 billion loss a year ago, and then revenue, sales saw a 14 2% jump year over year to $1 $1.17 billion. props to tom cruise and dinosaurs that gave the theater as boost. ramping up amc's attendance by 168% year over year to $59 million globally in q2. but the big announcement came when amc said it will issue

preferred stock with a 1 cent dividend, ticker symbol 8 to repay investors and reddit rebels that shoved the stock into the means spotlight and kept the theater giant afloat during the pandemic. the man granting this gift offering amc ceo adam aron. it's easy to nod the ticker symbol a and stands for amc preferred equity. why was there a delay in investors embracing this listing down about 9% this morning and now up 20%? >> well, thank you for the introduction, liz, and, yes, yesterday we did post terrific earnings for this company, but as you say the big story -- the big news is the creation of a whole new class of securities, preferred equiany units, preferred stock and we'll trade on the new york stock exchange under its own symbol. like a two for one stock split,

except instead of getting two common shares for one old share, you're getting one new ape of the preferred equity unit and one common share, but it was a complicated transaction and i'm not surprised it's taking the market a little time to figure it out. we do think that the creation of this preferred stock is extraordinarily important for amc. the reason is that when you look back, we survived this pandemic because we were able to raise over $2 billion of equity, but we literally ran out of shares. we had none left. now with this new currency, this new preferred stock, we have an enormous amount of shares that we could use to strengthsen this company to build shareholder value and raise equity, pay down debt, use for mna and makes amc a fundamentally stronger company to have this tool at our disposal.

elizabeth: well, it feels like you almost refilled the rainy day coffer so you are able, if needed, to be able to go and issue some of this. you'll be issuing, i would imagine a very small slice if people want to buy it. what kind of response do you think you'll get when you issue -- is it april 10 in when will people be able to buy these preferred? >> the preferred will go on the new york stock exchange august 22, just a few weeks from now. we can use this new currency to strengthen the company, but that doesn't mean that we will. we will always be prudent, we'll always be judicious and how we treat our shares, they're precious things. but as i said, the fact that we can do it if we want to do it, that in itself is powerful. there's a lot of people out there who think that amc not necessarily will survive this whole pandemic that we're still in the midst of.

we're well in our long path out of it, but we're not out of it all the way yet, and when you can raise equity at will, that takes near term survival risk and takes it completely off the table. that by itself makes amc a much stronger company, and i think you're seeing that reflected in the trading in our stock today. elizabeth: you know, you guys in the end, stick to your at least knitting when it comes to theaters. you opened your theaters -- i remember a year ago we would sit and talk and say when? water torture drip by drip and like we can open some but not all. now it must be so freeing but you got to fill them with great movies. what will be the replacement to the jurassic world and maverick for this current quarter? >> actually, we're still in the joy of the second quarter.

that was a big one and important one for us cause it reminded people that when hollywood releases good movies, people are going to come out to theaters in droves to see them, and july actually, which is the start of the third quarter, it was our most heavily attended month at the company in the united states at the theaters in the last two and a half years. but as we looked ahead, by the way, august and september might be a little slow by oh my goodness, when you see the movies coming out october, november, and december, it's one hit after another. the sequel to black panther, wakonda forever is coming out. avatar was the most popular movie ever and the sequel opens at christmas. i've seen footage of avatar 26789 it's mag sitsent.

i can't -- magnificent. i can't begin to describe the world that was created in that movie. that's two of a dozen big ones in the fourth quarter, as we look ahead, it's not only the fourth quarter that'll be strong this year, but our internal forecast for 2023 is that the box office this, is the whole sighs of the industry now, it'll be billions ahead of the box office. there's a lot of big movies. elizabeth: this is really interesting to me because theatrical releases were sort of the redheaded stepchild as streaming got so big. now you see what warner bros discovery did, they threw batgirl, already shot into the circular file and they're not releasing that and will take the tax loss. what does this lagger for live silver screen theatrical movies coming out and people will put

more umph into it perhaps? >> well, let's all take ourselves back in time a year, year and a half ago. all of us were imprisoned in our homes and apartments for like a year. we couldn't see people, we couldn't go out and, you know, the conventional wisdom back in 2018 way before the pandemic, which i always thought was ridiculous, was that theaters were an inacroany of them and people would stay home and watch movies on sofa or small tv or tablet or even smaller telephone. we said, no, they want to get out of their house. they want to get out of their apartments, and that that is what we've all learned really since spiderman no way home was released in december. then the batman in march, dr. strange in may, top gun, jurassic world. people want to get out and go to the theater. going to a movie theater is at the center of the cultural fabric-over the united states for more than a century. we're as relevant today as we've

ever been, and i do believe that when studios started counting their dollars that showed up in may and june, they agreed with us, the future ophtheti reigns leading cal exhibition is very bright. >> yeah, warner bros is certainly making that clear. warner bros shares down 16% right now. amc having a much better day and looks like we're up 18%. great to see you, adam. vang very much. >> thank you, liz. nice sunny, friday afternoon. elizabeth: depends where you are. kansas. we're in new york. a few clouds but we'll take it. adam aron. high inflation take ago bite out of some summertime favorites down on the board walk this year. we'll take you live for the jersey shore for a look at how high costs are taking some of the fun out of the dog days of summer. closing bell, 36 minutes away. take a look at the dow, black.

will it turn positive again? we've crossed the line several times. s&p down 19 and nasdaq lower by 111.

elizabeth: okay, as we take a look at the markets, the dow is now up just a little bit. we just checked, the dow has crossed the unchanged line 88 times. s&p down about half a percent

and nasdaq down nearly 1%. we have to take another look if we can at warner bros dis-covid i have shares -- discovery shares and look at bottom of s&p and media conglomerate down 16% after missing second quarter results and the company lowered full year targets for 2022 and 2023. company also confirmed what charlie gaspier reno was reporting, h bo mocks and discovery -- hbo max and discovery will roll into one and wbd will develop a free ad supported tier for that. ceo david zaslav is moving away from a streams first mindset to focus on boosting wdb theatrical and paid tv businesses. as zaslav puts cash flow over

subscribers, paramount saying challenges will affect the media company. the streamers are not doing well. i would argue that's much more on the message that david zaslav put out saying, yeah, with so much competition, the whole streaming picture is being diluted with the ability to monetize it and disney down, netflix down as well. couple of gig economy stocks reporting earnings. door dash shares reversed and much higher earlier and they're down about 2.25% after the food delivery services lost for the second quarter widened due to heavy investments and san francisco based company raise add key annual forecast saying the total value of all app orders and subscriptions will be about $51 billion to $54 billion and stocks are down at the moment. shares of lyft revving higher by 15% after the ride hailing service reported an unexpected quarterly profit and said its ridership is at the highest level since before the pandemic.

the company also targeting adjusted operating profit of $1 billion by 2024. alexa, send roomba stock higher. amazon is sucking up the maker of robotic vacuum cleaner irobot and they're paying $61 a share and they also own nest and want to own your whole home. this values irobot at a premium of 2 2%. look at this though, irobot is getting up there and $59.60 and a gain of 19.25% and the deal comes at a time when analysts expect cash rich technology companies to go on an acquisition spree and the fourth largest for amazon behind purchases of whole foods, mgm, and medical provider one medical. beyond meat stock, sizzling as some of the message boards are talking about a short squeeze that hammed -- well, happening right now before our eyes. look at this gain, 19% higher

for the plant based meat maker. last month short interest on this stock meaning people betting against it hit a new high as analysts anticipating a bearish earning report. new constructs warned that the stock could go down to zero. we're not at zero now but at $37.49. yesterday the company did cut its revenue guidance and said inflation made it pricier to buy the plant based meat. and actually they want to see it become more affordable for consumers so they're working on that. speaking of inflation and higher prices, americans looking to spend the remaining -- i know. what happened to june and july? we're already in august. there are a few remaining days of summer by the beach. if you're going, it's going to cost you a pretty penny and inflation rages across the country, seasonal business owners are being forced to increase board walk treats like

ice cream by as much as 15%. despite the skyrocketing crisis, summer hot spots like the jersey shore still seeing strong tourist numbers, but how are rising prices impacking the local -- impacting the local businesses. madison allworth down there from point pleasant, new jersey, with the scoop. madison. >> reporter: hey, liz. we're seeing it across the board in terms of the increases but interesting about the businesses i've spoken to, a lot of them are not increasing adds much as they need touchdown pass make up the difference -- to to make up the business and it's a season mall business and they need to toe the line of making a profit and bringing customers back. perfect example, fried oreos. if you've been to the jersey shore, this is a staple. last year it was $6.95 and this year it's $7.25 and that's below what it should be with the cost of cooking oil and dough going up and it should be $8.25. but he said this is a family favorite and they don't want to charge more for that and they

want to create an environment that families want to come to and families are paying more for everything. we have melty ice cream over here. this is up about 12%, over 12% in costs. it's very hot here today, liz. then the hot dogs as well. those are up 16% in cost. the good thing is when it comes to customers, the ones still coming out here, they expect the increase. they're seeing it everywhere, at the grocery store, gas pumps, really everywhere they turn. what i've heard from everyone, all the business owners is they're worried about what happens if this continues. >> luckily they understand the price increases and don't hammer the little kids and they're doing their job and don't have a choice, but it is tough some dais when people get upset but we're just trying to do the best we can. >> this is my future. this business is what my -- i'm going to provide for my family so it makes me wonder how high is it going to go and how much longer are we going to be able to do this before, you know, it

kicks us down and we can't get back up again. >> reporter: liz, we've covered so many inflation angles and with inflation is the supply chain issues. again, back to the fried oreos, new jersey girl favorite, oreos have been very difficult to get this year so jenkinsson telling me they pick it up whenever they can and last week they went to the store and there were no oreos available. i mean, they're delicious treats and you understand why people are paying for them, but you're paying more out of your budget this year compared to last year. liz. elizabeth: yeah. i don't see any fried dough there, that's my indulgence. those big slabs of dough. >> reporter: fried dough right here. fried oreos, fried dough. elizabeth: well, i'm a purist and i need the beaver tails. madison, thank you very much. great to see you. you want fried dough, you'll have to pay. wal-mart says prices are so high, it's watching as its

customers are forgoing clothes and shoe purchases for food but what does the company that sold more than 720 million pairs of the unique foam clogs think about the current economy? is the other shoe about to drop or could recession for crocs be avoided? the ceo coming up in just a moment. the closing bell, 23 minutes away and now the dow is more comfortably above the flat line here up 26 points, 24, 22 and changes as we speak and they've got to stay with us and see what happens. we're coming right back.

elizabeth: we are just getting this breaking news. the wall street journal is reporting that oracle might right now be letting employees know, hundreds of them, they are being laid off. the playoffs primarily according to the journal are hitting

oracle'stizing and customer experience group as the company puts an emphasis on cloud and healthcare it services. the stock is off the lows of the session, which hit around, i want to say noon, when it was at 7636 and we're at 7710 right now but still down about a third of a percent. we should look at sales force if we can because they are competitors, and 23 f you talk about customer relations management and software, sales force down about 1% at the moment. we are watching these stocks very, very closely. oracle is definitely a huge, large cap tech stock. flip it over to crocs. take a look at these shares. they are upright now, yeah, about by 5.9% reversing from the nose dive yesterday after the company reported second quarter earnings before the bell. the stock plummeted 11% over the foot ware company cut the full year forecast and crocs reported a strong q2 beating on the top and bottom panel toll line. and july was an excellent line

for crocs stock jumping 47% just in the 30 days of july. joining us now to discuss the company's performance and what's coming for fall and winter crocs. company director and ceo andrew rees. andrew, i don't know, i never thought of crocs as a company that fit into consumer staples category, but knowing that nurses and doctors wear them and every kid in america gets them and recycles them every single year, is that wrong to look at them as a staple stock in a way? >> no, i don't think it's wrong at all, liz. crocs' 20 year an verse i have is this year and -- anniversary is this year and it's a young company and we've done a lot over the last several years to real really make sure we're current and really making product that's season right, current right, and the consumers can buy it any time. we're a tremendous value. you can buy the classic clog for $50 and personalize it with

jibbets and tell a story and food wokes and kids and everybody wearing them and it's a broad base and a consumer value and it's fun and times are tough and everything is more expensive, people tend to look for something that's approachable, that's democratic in terms of price, and it's fun. elizabeth: andrew, you did cut the guidance for the current quarter. what is it, if you could articulate, that you are seeing that led you to do that? >> yeah, i think, look, we're just trying to be prudent. as you said in your opening remarks, we had a record second quarter. highest ever quarter for the crocs brand. late last year we bought a second brand, hey dude, which is also doing exceptionally well. they almost doubled their sales in the second quarter over the same period last year. so -- we've produced close to $1 billion in revenue in the second quarter so i think the company is performing very well and extraordinarily profitable.

as we look forward, i think it makes a lot of sense just to be more cautious and prudent. we're certainly seeing slow down in the consumers. we can talk to consumers and things that are essential, food or gas or rent, higher consumers travels and prioritizing entertainment and services, and we think they continue to spend, but you have to entice them to spend and give them something new and great. we're seeing quite a strong back to school and talked about that extensively and during a compressed consumer economy, the consumer tends to prioritize their kids so that makes sense to us. as we can anticipate the rest of the year playing out, we want to be cautious and we don't want to overplan the business. yeah. elizabeth: well, you want short notnecessarily underpromise but

great to overdeliver and you talked about the trends and what's coming for back to school. can you talk about fall and winter because people tend to believe that crocs might just sometimes be a summer-type of shoe. you've got to tell us because there's always that lovely crocs with socks look, but what's coming for fall and winter? >> yeah, that's a really big look these days, i have to tell you, liz. as you think about -- one thing that's happened to our business over the last couple of years is a lot of seasonality has come out of the business. we used to have a very big summer, spring summer, and a much softer or smaller q4. so couple of things have happened. one is -- and you joked about it but it's through crocs and socks. people are wearing a clog with holes in it in the winter with their socks because they're wearing it as a slipper or a short distance. but we also have lined products so we have a lot of product that's lined and fuzz lined, whether it be fuzz lined clog or

sandal, and those sell extraordinarily well in that time period. a lot of seasonality has come out of the business, and it's also pretty big gift giving item getting to the holidays and get to thanksgiving and the holidays here in the u.s., we get a lot of gift giving, and really the other thing that's important to us is we're an international business and we sell across the whole globe. it's summer somewhere. elizabeth: yeah, i can remember when we were in france and my son was very young and he kicked off his orange croc and freaked out because he lost it had and we got some in france but that was a while ago because he's 18 now. andrew, great to see you. >> thank you, liz. have a great weekend. elizabeth: crocs up 6.25% at the moment and gained as he was giving his stock story. twitter out with a softy response to elon musk counter suit and now the court released the tesla ceo's entire argument against paying what he had

originally offered, $54.20 a share. closing well about 11.5 minutes away and the dow is up 55 points. can we see it hold there before the closing bell on this friday? nasdaq and s&p are still down.

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ask your dermatologist liz: we got to show you tesla shares. they are down 6% after the stock was downgraded to neutral in the wake of its 3-1 stock plate last night. elon musk through shade at easy rival lupid. elon taking to twitter saying quote, i have more kids in q-2 than they made cars. be careful, be careful, my friend. but upstarts can beat the big boys. david did beat goliath. the delaware court of chancery.

>> i thought that interview with adam aaron was fascinating. what you should have probably pressed him on. amc does not have earnings. it has losses. he said earnings. i heard him say it. he said we had wonderful earnings. he had better than expected, lower losses. the box office is still behind 2019. weeked delusion on these preferred. it's the same plan or a poor man's version of what was

pitched him. liz: now it's up 20%. >> he's a good salesman. i think he's a capable ceo. liz: investors aren't stupid. >> some of them are. liz: this twitter thing is newsy. >> i read some of the suit. i wasn't look at every single word and line. it bears nothing more in this counter argument than he already said. the big kernel for him would be what is new that you discovered and when you discovered it. what was the tipping point and whether the judge believes that was a tipping point. the judge is looking at that,

and i was ready to buy twitter, and then it popped into my head, they are making argument. i think that will be his problem. the market is still thinking there is going to be a deal. he will be compelled to buy or they are going to reach a negotiation and it will be lower than the $54.20. that's what you see right there. twitter is off its low. i don't know if you can say one day i was sitting on the john thinking maybe there is a bot problem they are not disclosing. it's pretty remarkable. liz: you see the counter response from twitter.

it's contradicted by the evidence and common sense. >> common sense was -- what was the -- and he still hasn't gotten there. what was the spark in his head that said they were lying. was it the fact that my tesla stock is going down so they must be lying? i'm sure the judge is going to press him on that. that said, this could get locked up for a year. it could screw around with twitter stock price. a lot of people still think they will come to the table with a deal. liz: the dow is on pace to snap a two-week winning streak. let's bring in our countdown closer brad mcmillan of commonwealth. what do you make of these markets? >> when you look at the interest rates and the economy, you have

earnings fighting it out with where the rates are going. i think earnings will win. we are seeing turbulence, but this could can the spark that moves us higher. >> which sector runs here. with the jobs number i think we'll see faster growth. second it's a play on the fact that companies still can't hire. so those two things are unique to the sector. i think we'll see gains going forward. liz: you worried about the fed? it looks like they are considering a .75 basis point hike. >> is that really news what's going on out there? the fed said they are going to keep hiking, and guess what, they are going to keep hiking. that's not new news. liz: the dow has own resilience

up 74 points. it's been a busy day, glad to have you back. the dow closes positive but lower for the week. look at at nasdaq down 59. the s&p down 5. russell and dow give us some green on the screen. odlow."rry:♪el hello,lo,ks f fwc i' l kw.udloud rererererereme w. i i unauo a goo ad g g thing. corporate payroll is up 171,000 in july. 5.2% per year, you are on your wage increase. the unemployment rate down to 3.5%. the small business