is been a bad month for stocks overall the month of august people argue to be happy to say goodbye to that. >> this is would be an important week for the stock market, the stock market needs to establish some direction if you go back to last week, nvidia blowout earnings of the a.i. frenzy that the stock market kind of fizzled on thursday and friday i would've expected better. it'll be interesting to see what happens this week. maria: you are right then you have evergrande problem. we will see about that. >> final word, you been so great at highlighting all the stories from the border, what i would like to see someone from the department of homeland security, that's not true they never respond. >> have a great day. "varney & company" picks it up right now, david asman interest due. >> thank you very much, good morning i am david asman and for

stuart varney. he is back from another long vacation, what is on the presidents agenda this week, not that much, you might not be surprised to hear, working to talk about that the migrant crisis spirals out of control with no solution at site. where does it make sense that new york politicians have been drawling migrants to new york that was just des designated ase most expensive country in staten the country. free housing, free meals a day free medical care. when will liberal politicians finally wake up to the problems that they continue to create. it is a final trading week in august let's take a look at the future, they're all at the dow is up 156 points. the s&p 500 up 21 in premarket activity. the nasdaq up three quarters of a percentage .13 points. with all important jobs numbers on friday in the core inflation

numbers out the day before, the ten year treasury if we can switch to that it looks like it's down a couple of basis points, the yield is down, commerce secretary gina raimondo kicking off three days of talks in china, she is the fourth high level official from the biden administration in recent months, what is a recent administration up to in china. ron desantis declaring a state of emergency in florida as tropical storm and dalia is likely to become a hurricane. it is monday august 28, 2023, "varney & company" is about to begin ♪ ♪. david: just getting started i think that took that phrase from stuart varney, he's always

saying just getting started. he is right were just getting started. a big week ahead for the mar markets. good morning lauren, take is what's on deck. lauren: final week of the month of the summer read about is going on, today you have gina raimondo in china and their talking trade relations, tomorrow earnings best buy, the latest on home prices and how many jobs were open in the month of july, that number expected to hover near 10 million. on wednesday the fed's preferred pce does not start to take backup, thursday, earnings from dollar general as well as campbell soup and others and more americans buying basics at the dollar store does that hurt the package food companies like campbell and our folks dealing. friday is the big day the all important jobs report for auguso have been created or restored and that would be the lowest since december of 2020.

david: we will see how they do. jeff sica is here with me we have jobs in core inflation numbers, what is a more important index. >> i think it is important to think about what jerome powell said last week, what he said, he believed that inflation was not cooling as much as people think and he cited the housing numbers he said there was some resiliency in the housing numbers but what it really is is a labor market, the labor market is extremely tight, we've seen a little bit of a takedown in past months but what i think we will see on friday, we will see the labor market take up even higher than it anticipated and i think we will see when you have companies like ups that approve 49, 50 an hour for their drivers and then united airlines who approved a 40% raise over three years, the labor markets are

tight and you will see wages increase somewhat and that's going to be a cause for concern. >> it's not what's happening, china has a lot of problems right now how do their problems affect us. >> china is in a complete disaster right now, they have become a disaster. everybody knows about the aging population, everybody knows about the youth unemployment, really what's going on in china, where all the chaos is coming from is the commercial real estate market, s&p global downgraded 50 developers, chinese developers who were not making interest payments and defaulting on their loans. anyone who does not think that china who is now our third largest trading partner they were once our first trading partner. canada and mexico are ahead of

them. you have investment in china crashing to an all-time 20 year low so they are in deep trouble and because were in the global economy. david: talk about commercial real estate, we have big problems of commercial real estate they are still in new york city, san francisco and office buildings at 50% occupancy. and that affects banks, a lot of banks with big investments in commercial real estate. >> the regional bank s&p global downgraded a lot of the regional banks last week and the reason why they downgraded is because there is an omnibus number, that number is 1.5 trillion, that is the amount every finances of loans that need to be done by 2025, 70 - 80% of the loans are sitting on the balance sheets of regional banks and if they involve office, a lot of those are going to default or already

in default and that's going to hurt the economy. david: a weary jeff sica. thank you for kicking it off. lauren what is elon musk driving palo alto looking for mark zuckerberg's house. lauren: this is one of the many elon musk headlines. he did this raw 45 minute videotape drive of him in a tesla with a beta version of full self driving working and he narrated what one. it worked well in terms of the fst but along the way he started joking, let's google where mark zuckerberg lives in palo alto and i'll knock on his door and have a cage match here in his backyard were zuckerberg has an octagon. that never happened, i'm not 100% sure that they say google doesn't even have the right address. david: a lot more stories about

elon musk coming the next couple of hours. you want to stick around for that. 2024 can enter president and trinket enter presidential candidate deeply concerned of kamala harris presidency. >> my concern we cannot have kamala harris as president. we cannot chances. we have to make sure we have a new generational leader that's going to bring it not only republicans but were going to pull back the independence, working to bring back in the suburban women and were to bring in hispanics in the asian community, we have to make sure that we when this because the thought of kamala harris should send a chill up everybody american spying. david: byron york joined me. i know all is fair in war and politics but is it fair to bring up kamala harris as the key in this coming election for republicans? >> absolutely i think what governor haley was saying is a concern shared by millions of americans most republicans and a lot of democrats. i think the underlying fact you

have to begin with is joe biden is the nation's oldest president, he has been deteriorating and front of our eyes, majorities of americans are concerned that he does not have the mental and physical ability to do the job and next year he is running for reelection in turn that would take him in the white house until 86 years old. the vice presidency is self-evidently important here. david: then you also have a connection, hunters business whatever was going on there and meanwhile concerning not a top prosecutor from the ukraine general viktor shokin is going after the biden family for their ties directly to what was going on with marie's man, watch this. >> i've no doubt that legal activities engaged by burisma and the founder started bringing in people to provide protection for him.

hunter biden was among that. but my personal conviction is that yes, this was the case, they were being bribed, the fact that joe biden gave away $1 billion in u.s. money in exchange for my dismissal, is that alone i case of corruption. david: this comes after john solomon is reported that vice president biden overrode the support from viktor shokin from the treasury, state department and d.o.j. career officials by demanding more from the firing of viktor shokin, what do you make of all this? >> it is astonishing, donald trump was impeached partly over this in 2019 and we have never heard from viktor shokin in a real public forum thanks to brian kilmeade at fox for doing this. clearly what we need is for

shokin's entire story to be aired and tested. democrats are saying shokin himself is corrupt, that's what he and a lot of other vice president biden, a lot of people wanted to get rid of shokin. it is very easy for an american to believe that they were all corrupt in this so what we need is shokin story to be fully aired and republicans on capitol hill who were the only ones interested in investigating this to see what ties there were, the full story behind the american move to get rid of shokin. david: it makes it more wary of what might happen in a second term of president biden and make you worry a little bit about kamala harris. great to see you on this monday, thank you for being here. but check the futures, very strong beginning, the dow was up 157 premarket activity, nasdaq it is up 110 points in premarket

activity that is three quarters of a percentage point. last thursday is started out like gangbusters and ended deeply in the red, anything can happen from morning until the time the market closes. coming up set a bernie sanders fed up with the democrat party losing support among minority and working-class voters. >> frankly it is absolutely certain that given the anti-work ideology and policies of the republican party that that party now has more working-class support than democrats. david: anti-work among republicans, we will get into all of that. we could learn when trouble go to trial over his attempts to overturn the 2020 election as soon today. we are live outside of the courthouse right after this.

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we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. david: disagreements between donald trump's attorney and special counsel jack smith's team over a trial date. that will be the center of the hearing this morning. david spunt outside of the courthouse in d.c., when are both sides pushing for the child to begin? >> david can you hear me now, i'm sorry about that. >> he just started his report, go to david. >> 's attorneys will be in federal court today and we may get a trial court today, to give you an idea what's going on, trump's attorneys want this to

happen in april 2026 whereas the government wanted to happen in just a few months, the beginning of 2024. this is the case involving the former president alleged efforts to overturn the results of the 2020 election and similar to the state case in georgia, this is brought by jack smith, the special counsel in washington, d.c. trump's team wants this to go on an april 2026, little more than two and half years from now the decision rests with tanya, she said she would likely set a trial to unlikely to allow it in april 2026 with what the trump team wants, it's possible she'll give leeway and delay the government motion and have the trial next spring or next summer, also we learned in this case, the government has 11 million pages of discovery to

share with trump's attorneys, discovery means evidence that they're using and the defendant's right to see that many donald trump as a defendant in this case will have a right to see the evidence, he just cannot make public comments or talk about the evidence at least in public, a lot of evidence includes examples from transcripts, interview transcripts and we know jack smith the special counsel subpoenaed donald trump's twitter accounts so expected a lot of pages, this happens at 10:00 o'clock today. david: thank you very much, house judiciary congressman russell fry joins me now. i am smiling, how do you get through 11 million documents? >> i was thinking the same thing, members of congress it used to be that you get thousands of pages dropped on your desk and have to vote in 24 hours, 11 million pages is staggering. as a former lawyer, the preparation has to go into that is insane where every single page could be a great win for

your client and the courtroom. the prep work on this is astronomical. david: it sounds like what they are doing is throwing the whole can of paint at the wall and seeing what colors looks the best. it's really not supposed to be done, i'm curious i know the judges inside of the district are more liberal and therefore more likely to be against donald trump but what if the judge say this is ridiculous you have to hold it down some? >> i would hope so, just in general on a routine trial where you might have a scintilla of that you look at a year or year end a half minimum in the state court case, i cannot imagine from a federal perspective with the sheer amount of documents that the prosecution allegedly has, i cannot imagine them doing this within the next year, i think it would be unconscionable and reckless for a defendant

right to look at the evidence and prepare for trial for their defense. david: trump attorney alina habana is calling for special prosecutor jack smith to be investigated himself. >> there is very much according they did effort a if you ever doubted it think about how fani willis when she was asked when she was quite made with jack smith and the government could not give us a yes or no. that says it all, i tell you that it is to tie him up and political and the motivation is now under investigation by jim jordan for fani willis and i believe jack smith should be investigated as well. david: fani willis the local prosecutor bringing the case in georgia, do you think there was any unethical coordination between jack smith and fani willis? >> it remains to be seen and what we done in house judiciary

and what we intend to do is the same with alvin bragg to look at the federal coordination and federal assets that were used, how are these used and to what extent, i think this is a legitimate question that the taxpayers have from an oversight perspective could help color a policy change in something that were going to do. i think this invites a larger discussion about the state prosecutions in my mind which is why they should not be happening at all. i have a bill for that occasion for president and former presidents. david: i want to get this in before we have to break. is it conceivable that fani willis indictment in georgia will be put into the mix of jack smith's indictment? that they will be combined and go totally to jack smith? >> i don't know if they will be combined but what i would like to see is a move to the federal side. quite frankly i don't know if i trust the state court or the jury pool, pulling the jury in that jurisdiction is a disaster for the president. so removing that is really key

and she's made reckless steps early in the way that she's conducted the case and this really helps in my mind our argument for judicious oversight over her prosecution of donald trump. david: congressman fry, good to see you. we appreciate it. loren come in, what is abide in the administration think about trump's legal battles? lauren: nothing. watch. >> the president has said from the beginning that he wanted an independent justice department and we have to just that sober knocker, or focus on donald trump legal problems. lauren: biden sent a request for donations for his reelection campaign at the exact same time on thursday when trump was surrendering to authorities in georgia for his election case. cedric richmond dismissed this as coincidence and says the campaign will center not around trump or hunter but their

strategy is focused on the economy. is that a winning strategy? it is risky. even martha and others if you listen to the new shows over the weekend were saying americans are buying bidenomics. david: working to talk to joe concha about that specifically. martha raddatz did push back. we have the tape, do you want to stick around. let's check the futures, the opening bell is next on what looks to be a very green day, futures are up all over the board, the dow is up 156, nasdaq 110. more to come, the opening bell is next. ♪ ♪

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so if you have this and want less out-of-pocket costs... and more peace of mind... consider adding this. an aarp medicare supplement plan. take charge of your health care today. just use this...or this to call unitedhealthcare about an aarp medicare supplement plan. david: futures are strongly in the green. i hearken back to last thursday when they had a very strong day right out of the gate. that turned about about midday and tremendously gone. keith fitz-gerald joined me now. i don't want to be a downer on what looks to be a good day but last thursday was an example of how that could turn around quickly. >> it is, don't forget how games

are played, not necessarily the humans that cause problem it is the big highly leveraged traders using computers that cause things to go up and down. if you stick to the knitting and the great companies i argue you will be okay. david: let's stick to your knitting, tesla is one that you knitting together. elon musk being driven around in one of his autopilot cars. i think we can bring up the video, at the same time i think they are having a legal case in which somebody died in an autopilot tesla and or take it to court. it is a mixed bag, the whole autopilot. >> it is the nexus of autonomous driving, big data, a.i. but also it shows how unprepared our legal system is for challenges like this. what you going to say the car did it, the software was updated, manufactures fault. i don't think our legal system is ready for that. all of that aside the company is

making great moves into power generation. i think they will get into the insurance market. there's a lot of things that the company will do and as long as people think it just about cars they're not on plot. david: very quickly, nvidia had great numbers last week everybody was worrying about their numbers but it wasn't strong enough to pull up the whole market, might that change or will the market bring nvidia down a little bit. >> i think it's going to go the other way, i think nvidia will bring them up, what happened the market decided that that was irrelevant. as long as that is true we will power higher. david: keith fitz-gerald, what a pleasure to see you. thank you for coming in on this monday. the opening bell is ringing. it looks like a very strong start. we had futures of 160 for the dow and traded about that right out of the gate. 168, 160. losing a little bit of steam. we have time to look at the big board, 30 stocks on the big

board and they're all in the green except one, ibm, now johnson & johnson in the red, 29 out of 38 bad for the green, trading up at 167 points, let's take a look at the s&p up 20 points almost a half a percentage point gain for the s&p and on the tech heavy nasdaq, we have again of 104 right now that is up over three quarters of a percentage point to 13695. let's take a look at the big tech stocks, alphabet alden the green, microsoft, apple, stuart must be happy about micro soft, amazon as well, let's start with x pong, the chinese electric vehicle maker, why are they up so much. lauren: then a $740 million deal with the right healing app in china to produce an ev that cost $20000. it's affordable, first the going to sell it to dd there to use it

in their fleet into retail customers. david: 60000. >> competition is so intense and china for who has the best and cheapest electric vehicle they plan to produce 10000 of these cars per year in the ghetto brandon mona it won't be x pong or dd it will be mona. in a few years ago they hit a deal with volkswagen. so they are branching out in the trying to be profitable again, this stock is up 5%. david: i did not know netflix had the dvd rental business. lauren: 25 years, people still getting the dvd with the red envelope in the mail. this is what put netflix on the map you used to go to brock under blockbuster in the brick-and-mortar and netflix gave you the dvd and you didn't have to go to the store you could open your mailbox. effective on september 29 that

program ends if you still have a dvd from netflix, netflix, keep it. they have nothing to do with it. david: the next story makes me very sad and nostalgic. hostess twinkies, the two words that came together so beautifully that we may be at the end of hostess twinkies. lauren: they are reporting that hostess wants to sell itself. i think the twinkies day but they have a new owner. lauren: who would buy twinkies? maybe general mills, they own häagen-dazs, baby häagen-dazs twinkie, maybe oreo with twinkie, pepsico, frito-lay or hershey, they all sound delicious. here is the deal, they are iconic but they have had a fresh new product in decades. so they are struggling with debt even though they raise prices. we will see. david: i have not had one in 30 or 40 years but i still have wonderful memories of licking the inside of the twinkie. lauren: it's the memory review said you have about what in 30

or 40 years. david: i've not been a kid not long. a sad story hawaiian electric is being sued by maui county over the wildfires that they have responded. lauren: investors like it, the stock is up 43%. the utility is saying that maui's county lawsuit accusing them of being the source of the massive wildfires was irresponsible. hawaiian electric says the county rushed to court before this is the own investigation and they said the fire which started on august 8 was caused by down power lines, data been reported 100% contained and extinguished by maui county by the fire department, then they said another fire started after its own lines had been deenergized, this is good to be decided in a court of law but look at the investor reaction right now, hawaiian electric coming up forcefully saying it's not her fault stock is up 45% and is been hammered this month. david: a court of law, a good

start for 3m there is a lawsuit behind this. lauren: a five and a half billion dollars settlement over allegedly defective earplugs used by the military. i know five and half billion dollars sounds like a lot of money but is half what was expected. 3m is expecting 300,000 lawsuits over 12 years of complaints of defects in their earplugs causing service members to lose their hearing, 3m reached a tentative settlement over forever chemicals in public drinking water at a 12 at half billion dollar cost to the company. the stock is up because this is getting all of that behind them starting fresh in the reported five enough billion-dollar earplugs settlement was half of what the anticipated. david: the stock is up 6.5% or six in the third anyway. let's look at the big board we started out with a huge success, i think they are all winners all

30 stocks. up 245 points right now, here are the winners for the dow, 3m is up over 6%, salesforce, honeywell, intel, nike are all up. lauren: johnson & johnson is down. david: we have one down but they are mostly winners here is the s&p 500, 3m, boston scientific moderna, micron and zimmer biomet. lauren: the worst year is september, keep that in mind as were about to wrap up august. david: nasdaq winners, medina, micron, dextran. doing very well. let's check the tenure it was down were talking about the yield not the value of the bond itself. the yields are down 2.6 basis points on a ten year, that is usually good news for nasdaq. let's check gold moving over to the solid stock that people own

and kaput in the pocket. it's up slightly 70% to 1940. bitcoin is up you cannot put in your pocket but a lot of people see it as a nice alternative to the dollar. it is up $89 right now. crude oil is up over the 80-dollar mark. that has become the mark which has remained the memes for the past couple of weeks, it is just up $80.23 a barrel. natural gas is up, the average guy gas is now $3.81 for diesel. look at this $4.37 a gallon for diesel energy. coming up gen z maybe the most social generation but don't ask them to pick up a phone call they have phone phobia. we will tell you about it. the left cannot get over the love of harmful lockdowns. stephen moore wrote that with the covid mania that does not seem to be going away.

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david: president biden keeps pushing the green agenda even as we learn foreign adversaries are the ones benefiting. edward lawrence is at the white house. tell us about the plan for more oil imports from venezuela. >> exactly. gas hovering around $4 a gallon, close to $4 a gallon as kids are going back to school. but the budget administration is in talks with nicolas maduro the dictator from venezuela to increase oil and allow chevron to expand operations in venezuela and lift sanctions in exchange for free elections. meanwhile the writ president refusing to budge in the u.s.

>> electricity deployed to the u.s. power grid is expected to be powered by 81% clean energy, hear me, 81%. that has an impact on climate in the air we breathe. it can help although the climate goals by cutting in half by 2030. the president as they engage in venezuela the department of interior asked to reduce the gulf of mexico. the america petroleum institute says despite congress is clear intention and the inflation reduction act, the budget administration has announced a least sale in name the remove 6 million acres of the gulf of mexico from the sale and adds new unjustified restrictions on oil and natural gas vessels operating in the area ignoring all other vessel traffic. to boost energy awareness, matt rosendale offered lawmakers to see fossil fuels that are done cleaner in the u.s.

>> will get a lookout energy is being reduced, clean, safe, environmental standards higher than any place in the world, labor standards higher than any place in the world to show that we need to have baseload electricity here, affordable in the united states because it's good for the environment, it is good for our economy and imperative for our national security. >> no new energy announcement by president biden, he's good to go to a school in washington, d.c. for the first day. david: we could get 2 million more barrels a day and production from the gulf if they would open it up and much cleaner energy and much cleaner oil never getting from venezuela. it makes no sense at all. thank you very much. the wall street journal editorial writing friday about the increasing contradictions about the bidens administration and gestural policy now being played out in the supermassive green program which are pushing

and pulling in opposite directions, the latest contradiction with the mismatch of subsidies, tears and taxes that will raise the cost of solar production by as much as 254%. for more on all of this, steve moore. even if you love the president green energy program you've got to hate this because this increase in the cost of solar energy. they cannot do industrial policy right. i don't think anybody can. >> that's right, just to go back to the point that you just made earlier, 2 million barrels a day is what were short on oil production because of biden policies. at $80 a barrel that is $160 million a day that the united states is losing in our economy these are gigantic losses. the solar panel store you cannot make this up. on the one hand they say they want to continue to promote polar power, on the other hand as a lot of the republican candidate said the other day in the debate, guess where the

solar panels are made, made in china they are not a reliable source so now they want to put tariffs on imported solar panels from china but guess what, that of course raises the price of solar so it's almost like a dog chasing its tail. it's the reason we only get five or 6% of our energy, i'm sorry from wind and solar power because it still so expensive. and if you had tariffs at less economical. david: industrial policy does not make sense, the market making decisions. millions of people make a decision about what works and does not work is much better than a handful of bureaucrats in washington deciding how her money should be allocated. >> we have spent $300 billion in the last 25 years in solar and wind and the amount of energy hasn't moved virtually at all.

david: very quickly i would talk about covid policies, it looks like just in time for the election the ramping up worries and some would say panic about a new covid wave suggesting that we may have mandates for not only vaccines but also perhaps lockdowns. are americans going to accept this. >> there are 100 colleges that just opened their doors for the new semester that are now requiring mask mandates on campus, can you believe that we have the evidence that masks did not do much to stop the spread of the disease but that is outrageous. then you have all the calls and cnn the other day had a headline saying maybe everybody should wear masks again because of the new outbreak. the new outbreak of covid is a very mild strain it's not much different than getting the mild version of the flu. i predicted this and you predicted this that they want to have more lockdowns and of course this is an experiment of what we were just talking about

which is the climate change agenda. at some point you heard it first year on the varney show. i guarantee they're going to call for shutdowns of american factories and people using less air conditioning and heating in the winter to save on energy. it's a form of a lockdown. david: just in time for the election as i mentioned before i don't think that's coincidental. great to see you, thank you for being here. fannie mae is sounding the alarm in the housing market. they may be stuck and a freeze. >> for how long. >> the stagnant market will stay stagnant through next year regardless of what happens to the economy and if we hit recession or if we never hit recession. the reasons are inventory, there is none. home sales are on par with 2009 levels and also rates, mortgage rates at seven and a quarter percent. when you look at sales of previously owned homes by far the biggest housing market of new-home sales are down over 70% of the year there is nothing to

buy pending your qualify to buy it. david: people don't want to switch houses they don't want to buy and was evident half percent. if there is another uptick in rates from the fed it could go up over 8%. thank you very much. president biden said the pandemic was over a year ago but he wants to ask congress for funding to develop a new covid vaccine and he may require everyone to get the job. is this really necessary, did we learn from the past. would you be asking doctor marc siegel about that. the u.s. open kicks off today this year marks 50 years since billie jean push for equal prize money for women. were live at the u.s. open with all the action right after this. ♪

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when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me all the time and ask me, "does it really work?"

and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you. david: the u.s. open is underway today. our very own gerri willis is there, although it is kind of iffy whether. >> i've got to tell you at least

we don't have 90-degree weather, that would make life hard, let me tell you this is day one, we have had people pouring in, you can see folks coming in over my shoulder and they're expecting great things this year, they just finish what they call their fan week and they got over 100,000 people happy, almost 157,000. they are happy expecting big things. billie jean king, this is a woman the big ten is the most lucrative sport for women. it was 51 years ago, 1972 when she stood at center court on a grass court and said we want equal pay for women, she was making $10000 for her when in the fellow who $1,125,000, almost three times what she got. this week the men and the women's players the person who wins a big competition will take away $3 million.

so the equal pay continues, just a bigger check. let's move on to the debate that sharpening on the issue of transgender athletes, there is a big disagreement, king has supported inclusion of transgender athletes competing in professional tennis but another famous women's tenor player martina said no. listen to this quote that she wrote in the london times letting men and two men compete if they change their name and take hormones and sound fair no matter how l those athletes thrw their weight around, she says rules on trans rewards sheets. the issue receiving national attention last year when transgender ncaa athlete leah thomas competed as a woman, we heard all about that. i got to tell you the big theme for this year is probably going to be younger players as serena retired last year, there is no dollars out this year with an

injury and will see younger players like carlos alcaraz who is only 20. novak djokovic will be here and we hope that they come head-to-head when they play at wimbledon, carlos alcaraz one but a four hour and 43 minute match. a lot, a lot. back to you. david: time for a new generation and indeed it seems to be happening. thank you very much, enjoy the place. check the markets, they were ahead on this monday morning, the dow jones is up 2070 points, the nasdaq has lost a little bit of steam, up three quarters of a percentage point, now up half of that, still ahead charlie hurt, kt mcfarland, mike huckabee and sandra smith is with us. the 10:00 a.m. hour of "varney & company" is next. ♪

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