expected though. >> they certainly were, and that's one of the stories that is keeping this mark up. people are employed, they have money, they're spending it. earnings and employment -- maria: nicole, final thoughts. >> let's continue to stand with israel, can and let's pray for those that have not returned for their safe return. maria: todd piro. >> let's see how joe biden meets the moment tomorrow when he lands in israel. more the world will be watching, for sure. it's been a really informative show. todd piro, adam johnson, nicole parker, thank you for joining us. we've got a market that is negative, down ab 96 on the dow industrials, and we've got more economic data the tomorrow morning. we'll be here. 96 lower on the dow, 123 lower on the nasdaq. stu, take the it away. stuart: good morning, everyone. america takes a deep dive into the war many israel. president biden a arrives there tomorrow. he'll meet netanyahu and the leaders of jordan, egypt and the

pal the stint yap authority. the objective in prevent a wider war, limit casualties in gaza, get aid to the displaced pal stun yap withs and, above all, keep iran out -- palestinians. back home the president leads a divided party. many colleges are overtly anti-semitic. on the ground, the invasion of gaza has not started. hamas rockets still hand in israel, and again we have to say that the markets are paying more attention to interest rates and profits than they are to the war. the dow industrials going to be down about 100, nasdaq down about 1244. that's because -- 124. that's because in part enter rates are up. the 10-year treasury moving up in yield, look at that, 4.82%. strong retail sales helping to push rates up. and the 10-year, i'm sorry, the 2-year are, look at that, 5.15, up 4 basis points. oil holding in the high 80s, you're looking at $86.80 per barrel right now. gas keeps on coming down.

how about that? $3.58 is the average for regular, and that is down 29 cents in a month. in change for diesel, it's at $4.45 this morning. all right, politics, a vote today on the speakership. jim discover can has been picking up votes, but we don't know if he's got the 217 he needs. the matt gaetz circus continues. on the show today, buying a home when you're you should 30, you need help. four in ten youngsters turn to family for the cash. that's how unaffordable the home ownership dream has become. henry kissinger, 100 years old, and he says germany made a grave mistake lit letting in so many migrants from totally different cultures and religions. did biden make a grave mistake letting in millions through our southern border? we're going to cover it. it's tuesday, october the 17th, 2023. "varney & company" is about to begin. ♪ ♪

stuart: dramatic developments in the war. our president is going to israel. lots of moving parts to this story. ab take us through it, lauren. lauren: he'll be there tomorrow, and he'll meet with the lead are orer of jordan, egypt and the palestinian authority to show support for israel. comes with a message of deterrence as well. bad actors should not join this war. ahead of this visit, us ceil -- israel striking more than 2000 terrorist targets, the idf also thwarting terrorists from trying to enter on the north. it's concernedded a second front could open now that iran has warned that an expansion of the war is, quote, unavoidable and vow ises to hold the u.s. accountable if the military gets involved. the pentagon issued 2,000 u.s. troops ready to deploy orders. they will be in support roles, not entering combat. stuart: thank you, lauren. join fox corporation in

supporting the israeli emergency fund in association with theuatedded jewish appeal. just -- the united jewish appeal. we skype saying it -- we keep saying it, it's indeed a dramatic move. charlie hurt joins us. is the president doing the right thing here? >> oh, i think without a doubt asserting our position in the world is a very important thing. and let's not forget if, i mean, the crisis ongoing. this is not an attack that happened last week, it's ongoing. you have over 100 hostages till stuck in gaza -- still stuck in gaza, who the families don't know their fate. it's a very high stakeses spot right now. but i also think, and i also think it's very important that he has purpose turned away from, he had a couple of other events lined up such as talking about wind energy and just complete nonsense. so i think it's very important. but the question is, and your opening was very important point the there about the fact that he

because have a divided peat. he's got to figure that out. so much of what he needs to do is the stuff at home whether it is insuring american energy independence, those are the things that are going to give him a strong hand as he meets with these people, and right now, you know, with we don't -- he's not been good on that stuff. stuart: it's an entirely fluid situation. you never though how this is going to turn out. but at the moment, it looks like the ground invasion is delayed. >> he's taking it seriously. stuart: fair enough. let's turn to the other big subject today which is a house vote on the speakership is likely today at 12 noon. we hear that jim jordan has been able to flip some holdouts in his favor. my question, charlie, the same old question, you've heard it before, what are you going to do is -- with matt gaetz? >> it's going to be -- first of all, i do think that jim jordan is in, a lot of theouts are flipping. -- the holdouts are flipping. in the house you've got a matt gaetz who is sort of an

interloper, he wants to cause trouble. he's most republicans in the house don't want to cause problems. so when you get somebody like jim jordan who is racking up the votes, they're going to fall like dominoes and quickly line up behind him, and i think that's probably what we're looking at right now. what do you do with matt gaetz going forward? they're going to have to figure out a way to contain him and contain the rebels, but let's not forget this would not have happened without a, you know, or democrats voting in lockstep to remove the speaker. and the idea that that they are going to remove kevin mccarthy and wind up with jim jordan is kind of the funniest joke of the year, if you ask me. stuart: why is it funny? >> because jim jordan is as an at ma to the democrat agenda as anyone in the house. jim jordan matt gaetz ten years ago. they hated him. and here he is, been very smart about how to wield house power. he's very wise about it, and no- [laughter] he's poised to become speaker,

and this never would have happened except democrats voted in lockstep with matt gaetz to get rid of kevin mccarthy -- stuart: so the democrats hay regret a jim jordan speakership. >> oh, heir going to regret it. it's going to be far worse for them than if they'd just the stuck with kevin mccarthy. stuart: thanks very much, inindeed. members of the squad introduced new legislation on israel, what was it? lauren: a ceasefire. cosponsored by the usuals. they want two things, a, deescalate the war, b, get the aid in. obviously, as you're talking about the house essentially paralyzed until there's a speaker. so this ceasefire resolution's not going to -- stuart: i have to say it, a ceasefire and deescalation is a win for hamas, case closed. lauren: absolutely. stuart: thanks, lauren. let's check futures. are red upg, dow down 140, that nasdaq down about 136. david nicholas with us this morning. the war in israel likely means

no fed rate hike. that's at least a positive, isn't it? >> you know, you're right, stuart. going into the war there was a 30% chance that the feds would hike in november, now it's flipped, 96 probability that the feds will not hike interest rates, so that is positive for markets. but the big thing is what are interest rates doing, how will that impact the economy. interest rates impact banks, but what do we have? four of the big banks reported last week, jpmorgan, wells fargo, citi, bnb -- bnp, the fear for the markets at least when the banking sector is now behind us, if the feds don't hike in november, i think you have the recipe for a pretty strong market in the fourth quarter, stuart. stuart: now, we've got a downside move today. i presume that's because interest rates have gone up. 5.10 on the 2-year, 4.77 -- look at that, 4.83 on the 10-year. that's why the market's down today, i take it. do you agree? >> yeah, i think you're right, stuart. and also we've had a good couple

runs the last few days. interest rates aren't only going higher just because of interest rates, they're going higher because the market actually sees higher growth. if you rook at the retail numbers this morning, the u.s. economy refuses to slow down in spite of what's coming out of our government. so i i think we're to going to see that momentum continue over the next couple weeks, stuart. stuart: i'm looking left-hand side of the screen, the yield on the 2-year is now 5.15. straight up there. that's something else again. david, i'm always interested in big dividend players, and you've wrought one today. national -- brought one today. national storage affiliates. they manage storage a facilities. do they really is a secure 7% dividend? >> stuart, you know we're always looking to find good dividend plays for you. national storage, i like storage here especially with volatility for the markets. public storage is good. they've got a 90% occupancy rates, so going to the strength of that a dividend, their break with even is about a 60% occupy

to city rate, they're not going down to 60. it's a very strong company, very strong dave den. they only have 5% market share. i think you can put money to work, sleep well at night and get a great dave -- dividend right at a 7%. stuart: just a little better you get on the 5.25% on the 6-month treasury, isn't it? you get a tax break. >> and that's the challenge for the market, do i get 5.5 for treasuries, or do i go out -- it's a low volatility sector, you can do well and maintain capital preservation in a name like national storage. stuart: the 6-month, 5.58. how about that? david nickolas, see you again soon. retail sales data came out today. it gives us the glimpse of the health of the consumer. they look pretty strong. lauren: can i use the word relentless? here are the numbers. this is september from august a, up .7%.

that was more than double the expectation. and up 3.8% from last year. hook at where we're spending our money, going to restaurants and bars, up 9.2. online sales, non-retail store spending, up 8.4%. polks and participants up other 6%. stuart: you're right, that is relentless. 9% hike in food and drink -- hawn lauren that would be a service, right? and i was looking at the fed funds futures. so in 15 days there's an interest rate decision. there's now a 15% chance that there is a hike, that's three times what it was just yesterday after this strong retail sales data. stuart: how about that? thank you, lauren. check futures again, please. down 120 on the dow, down a bit measure that on the nasdaq, down 12. that, by the way, is .8% on the downside for the nasdaq. coming up, iran says hamas is ready to release hostages if israel stops airstrikes.

terror is being equated with israel's response. that's a pr problem for israel, and we're going to get into it. our next guest is an american serving in thish s df stationed in one of those communities massacred by hamas terrorists. he joins us to share his story. stay with us. ♪ ♪ (vo) verizon small business days are back. from october 16th to the 22nd. get a free tech check and special offers. like a free 5g phone.

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network, and you don't collapse the whole tunnel. there have been some videos released of a chain reaction explosion from underground, a clear indication that israel got some of the tunnels. meantime, i spoke with karen chen, her daughter is the first person to be featured on a video, first hostage to be north koreatureed on a video released by hamas. she says despite the vulnerability of her daughter, she trusts her government and the army for when they want to begin to offensive. what is it like when you learn that your child has been taken hostage? >> i think the worst nightmare for every mother in the world to though that her child has been taken hostage by animals who don't know what they are doing to her. do they give her food? if will she sleep? i mean, this is the worst nightmare in the world. >> reporter: did you know she was alive after the attack? the. >> no.

i didn't know she's dead or alive. i knew nothing. if until yesterday. i saw this video, and the first reaction was screaming and then shouting. the other reaction was the happiest moment in my life, and the third reaction after everybody went home and i sat alone and watched the video, i couldn't stop crying because i see my baby in pain, physical pain. i see she's very scared, she's very white. >> reporter: do you have a message to her captors? >> with i demand you to wring my baby home now. the same situation she is in the video, you can't take a child, an innocent child that just went

the a festival to have some fun. and to shoot her and to drag her and to scare her and god knows what else. >> reporter: now, yesterday a spokesman for the idf says the ground offensive will begin when conditions meet their needs. today lieutenant colonel richard or hecht of the idf says everyone's looking to a ground offensive, and it may be something else. stuart: mike tobin, thank you very much. joining me now, an a idf reservist, ben, we're leaving out his last name for security reasons. ben, when you arrived at the kibbutz where the has maas can kerr occurred, what did you see? >> it was about 48 hours after the initial massacre took place on october 7th. and we arrived at one of the kibbutzes that was most heavily hit on that saturday. and we arrived to seeing the dead, dead bodies of israeli

civilians in body bags being loaded onto pickup trucks and large commercial trucks to be taken out to the coroner. it was a very tough situation. we were initially the the first site that we could see, and and we said the mourner's prayer after every body bag that was loaded onto the trucks. immediately after, we broke into the israeli national anthem which means the hope, and we woke up to realizing that among the body bags and the bodies that were found this were 40 babies and infants. finish. stuart: the babies were in the body bags, is that correct? >> correct, yeah. the babies were in the body bags, and later that day as we walked around, we could see the scenes, you know, puddles of blood in the babies' beds, completely bloodied. teddy bears, you know, as they were shot while they were hugging their teddy bear.

awful, awful scenes. stuart: just one second. system college students in america that -- some college students say the massacres did not occur, that you're making it all up. would you like to respond to that? >> all i have to say to that is that, you know, there really is no excuse to defend anything like that, the say it's made up, to say it's a.i.-generated, it's just -- where is the humanity in that to defend these terrorists and these act as that have taken place of terror? would we defend the nazis in the 1930s for the holocaust? no. and nobody today if you question anybody in the western world would ever defend the nazis or, you know, rightfully so would defend the nazis. if so, they would immediately be condemned. so why would you put yourself in the same situation? it's a disgraces to hear those type of things going around. stuart: this is a difficult question, ben, but i've got to

ask it. having seen what you saw, are some of your colleagues looking for revenge? >> i wouldn't use the word necessarily revenge, but ill say making sure that -- i would say making sure that, we have a mission on our mind, and that's to eliminate hamas to make sure they can't do this again. i wouldn't put it at ve -- revenge. i know plenty of people who were killed on saturday, friends who have lost their family members. and, again, nobody said, you know, we want revenge, we just want to make sure this can't happen again and that our children never have the fight this fight ever, ever again. this is a fight against terror. we're seeing the western world and leaders of the western world come together because they realize that this is truly, it's not israel versus palestine, this has nothing to do with that. this is hamas doesn't even represent any sort of positive palestinian future. all they represent is the destruction of the state of

israel, the destruction of western ideals and freedom and democracy. so we all have to band together to defeat it. stuart: ben, thank you very much for being with us to bear with witness to this awful situation. please accept our --? >> thank you for having me. stuart: thank you, sir. then there's this, a called-out professor slam for his comments on the hamas terror. what did he say? lauren: he glorified the terror attacks at a pro-palestine rally. watch here. >> this was exhilarating. it was exhilarating, it was energizing. and if you weren't exhilarated by this challenge -- [inaudible] by this shifting of the balance of power, then you would not be human. [inaudible] lauren: that was pretty sick. it was exhilarating and energizing. professor russell rickford making those comments.

he said the attacks punctured the illusion of israel's invincibility. stuart: and he's an academic in good standing at -- lauren: an ivy league institution. stuart: what have they sunk to? thank you, lauren. check future, please. i see some red ink. down 130 on the dow, down 145 on the nasdaq largely because interest rates are rising. the opening bell is next. ♪ ♪

stuart: on the markets this morning, red ink, sorry. we'll get to the opening bell shortly, but right now let's bring in mike lee. mike, goldman sachs, bank of america both reported this morning, solid reports from both. i'd call that a good start to the earnings season. what say you? >> yeah. you know, stuart, i'm not as rosy -- [laughter] on the earnings from both these organizations as you are. so bank of america, basically you have a huge net interest income beat, and that's because they can bay the depositors zero and that's what's driving their earnings. that's not the worst thing in the world, but their non-performing loans are up 17%

quarter over quarter, and their loss provisions, they rose by a third. it's still a relatively small number, but they held the maturity portfolio, $131 billion of losses, and they held the maturity portfolio. stuart: okay i'll dial down my support and enthusiasm a couple notches. very strong retail sales numbers this morning. a delayed recession, right? >> yeah, look, completely contrary to all the card spending data we're seeing out there. and so this was a big pop this month. a lot of online e-commerce. we'll see, you know, how these revisions come out, but a lot of other numbers were revised up. so way out of consensus right there, and it looks like the student loan repayments hasn't -- is only going to come into account for the october numbers which we'll see in november. but with a very shocking number to the upside which blew out the 10-year treasury which is why we're seeing on the red -- ted

the red on the screen all over. stuart: mike lee, thanks very much. the opening bell is coming up, but we're going to take you to wall street. we've got about, what, 30 seconds to go before we open this market. here's the backdrop. president biden is going to israel. he arrives tomorrow. that's a huge development in the war situation. what's pushing stocks down this morning is a strong retail sales report or which has given us almost a spike in interest rates. the 2-year treasury has gone all the way up to about 5.15, and the 10-year is close to, pretty close to now above 4.80. that's a negative for stocks, as we are about to see. they're going to press that button, let's get on with it, start the trading day for wednesday -- tuesday. on tuesday, we start it. the dow industrials have opened lower, a triple-digit loss right from the get go, we're down 122

points, 124, better than a third of 1% on the downside. when all those dow stocks have opened, we will show you how they've opened. let's go to the s&p 500. sharkly lower as well. -- sharply lower as well, down 32 points. now this, the dow stocks have opened. you've got six winners and twenty-four losers. that tells you the sense of the market. as for the nasdaq composite, i imagine that's a pretty big drop. yes, it is. down over 1%. that's because long-term interest rates have gone up -- short-term rates as well. let's have a look at big tech, probably all of them are down. that is correct. meta, alphabet, microsoft, apple, amazon all on the downside. now, let's dig a little more into those bank earnings this morning. lauren, can you start with bank of bank of america? lauren: this is often called the problem child in the big banks, it's down more than the others, 18% on the year. but guess what? quarterly profit went up 10%. they reported the highest sales in trading revenue in over a decade. massive company, also have a

credit card business so what the ceo says about the consumer is important. continuing to slow down but spending does continue. bank of america up 23 cents. stuart: i see goldman sachs is a big loser, that's down a couple of bucks there. lauren: they made a bad pivot into the consumer business, and they're trying to unweaned that. they have the apple -- unwind that. they have the apple card, general motors card. profit fell on realize losses and a rewrite, a write-down of green sky, that's their home loan, the fin-tech. and now they're refocusing back to their traditional wall street clientele. but look, when you look at the big ipos this year, they'd buy some three out of the four major ones. so you would expect reaction to be her positive considering revenue came in much strong or than expected at $11.8 billion. stuart: some other companies reported before the bell including johnson and johnson. they're down, i see, 1%. lauren: yeah. but they lifted their annual

profit forecast. one big reason, their anti-inflammatory drug. no generic until 2025. their medical device sales were down. a big reason, fewer stomach surgeries -- stuart: is that right? lauren: yes. were cleated -- completed. just quickly, j&j spun off their consumer health -- stuart: i would expect to see lockheed martin, i would expect to see them do well. lauren: some issues with the supply chain and deliverlies of the f-35. however, there is sustained demand for weapons and military equipment, i want to throw taiwan into it also. they spoke about their backlog, $156 billion worth of u.s. and overseas orders their equipment. the stock is slightly down today. stuart: up and down all a over the place. lauren: yeah. stuart: tim cook, did i just see he'd gone to china? lauren: again.

surprise trip. just as reports -- remember we were talking about this yesterday, the new iphone 15 off to a pretty slow start in china? a big reason is huawei. they have a new phone. it's high end, but it lacks a lot of the cutting edge technology because of restrictions we have on sending our technology to china. yet huawei's doing well, apple not so much. why was tim cook in china? yeah, maybe to drum up support for his devices, but also he was speaking the gamers. apple's moving into mobile games. he was talking to chinese developers who are building apps for the new headset where games will be to popular. stock's now -- morgan stanley cut their price together or to 215 and cut iphone sales expectations by 8% for this holiday quarter. stuart: that hurts. apple's at 176 this morning. you have news on a hotel merger.

lauren: wyndham and choice hotels. choice hotelses making a hostile bid for wyndham, $7.8 billion, that's $90 a share why wyndham's stock is up 12% right now. they're putting together popular names in the budget arena. is so it would be econolodge are, comfort, days inn, if this goes through, they would all be housed urn one roof. so you'd have the high edge, marriott with, hilton, etc., and then the budget -- stuart: that's a pretty comprehensive list of hotels under one umbrella. lauren: yes. eight names that are all familiar to me. don't ask me. stuart: i know 'em all. snap, look, they had a very big rally yesterday, up 12%. down just a fraction. what was behind the rally? lauren: the ceo, evan spiegel, sent out an internal memo. why would you to that, but it was great. it was so optimistic on the number of daily active users, and ad revenue growth, they said

ad revenue could increase 20% next year. overly optimistic? they report earnings the end of the month, october 24th. i'm just -- why did he sent send out that -- stuart: because he'll get sued if it count pan out. the shareholders will be, like, you promised this -- lauren: i think he acknowledged that they were a little bit inflated, these numbers. but i guess it's the goal, right? stuart: okay, we were down over 100, and now we're down a mere 89 points. just below 34,000. dow winners, can we see them, please? yes, we can. chef. ron back on the list begun. troveler s, nike, mcdonald's, verizon. the s&p 500, who's on the top of that list? i will tell you it's the vp corporation follow by allstate, baath and body works and cf industries. any big name on the nasdaq winners list? no. dollar tree, astrazeneca ca, ross stores on that list again. coming up, mitch mcconnell

emphasized the need or for america to support israel. roll tape. >> the united states must continue to provide maximum support to israel's counterterrorist operation as long as it takes. stuart: okay. as long as it takes. we heard that. the republicans are onboard, true. but what about the democrats? we'll get into that. news from israel overshadowed this, migrant families in new york city can only stay in a shelter for 60 days, so where do they go when the clock runs out and it gets really cold in new york congresswoman claudia tenney on that. the administration and venezuela's government have agreed to a deal to ease sanctions on venezuela's oil industry. biden cuts american energy, now he begs the socialist dictators for their oil. i can already see larry kudlow shaking his head at this. larry is next. ♪ ♪

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♪ muck. stuart: u.s. taxpayer dollars could be going to hamas. edward lawrence with me. how is this possible, edward? >> reporter: yeah, stuart is. starting to follow the money trail from the biden administration overseas, and $3 3.7 million embedded within the american rescue plan distributed to a group called united nations relief and works agency distributed through the state department's migration and refugee assistance program. open the books.com did a deep dive on this today and found more than a billion dollars in aid from the biden administration to that relief agency. now, former president donald trump cut funding to that agency calling it flawed. president biden brought with it back. now, the relief agency faced intense scrutiny in recent years for not doing enough to prevent money from reaching the hands of hamas. this flow passes more easily because the united nations

security council has yet to name hamas as an official terrorist organization or add any sanctions against the group. in 2018 then-u.n. ambassador nikki haley warned the u.n. about hamas. >> i ask my colleagues here in the security council, who among us would accept this type of activity on your border? 40 one would with. >> reporter: so survivors of the initial attack six days ago see hamas as a terror group even if the united nations failed to make that designation. >> couldn't sleep last night. it was impossible. what was done to citizens, they were butchered. the massacres that we talked about, we are talking about one family, we were in this home. i had to avoid walking on dried blood in the home. hundreds of bullet holes. >> reporter: just awful. and that group, open the

books.com, did a deep dive, $1 billion in taxpayer money funneled to that agency. that agency does schools in the gaza strip helping palestinians, and as a report in march showed from u.n. watch those schools teach hate for jews and glorify terrorism according to that march report from u.n. watch. so this money from the united states makes its way over possibly into the hands of hamas or at least controlled with the minds that hamas controls. the. stuart: yes. to better change. edward, thank you very much, indeed. the administration is expected to ease sanctions on the venezuelan oil industry. larry kudlow with me now. biden refuses to open the spigots for american energy, he's depletes our -- depleted our petroleum reserves, now he's begging dictators for their oil. larry, this is the abject failure of biden's energy policy, right. >>

>> it's an insane policy from the if standpoint of oil but also the standpoint of national security. stu, can i just elaborate for one second -- stuart: please. >> ed edward lawrence's excellent report. right now the biden administration working with the u.n. and so-called ngos, they are trying to mass so-called humanitarian aid with hundreds of trucks on the egyptian side of gaza. they want to get into gaza to distribute this aid. now, here's my point. hamas is the only organization that can distribute. hamas runs everything in gaza. if these trucks cross the border, they will be providing hamas with so-called

humanitarian aid whether it's food, medical supplies or cash. it will be hamas-run operation. and the israelis don't like it one bit. and i fear that joe biden going to israel tomorrow is going to push this. this is an insane policy. okay? i just want to say that. venezuela, venezuela, maduro is a communist. venezuela is run by cuban military or and secret police. when i was in the white house, we had quite a lot of discussions about venezuela. we know it well. lifting oil sanctions there just helps cuba, just helps maduro. it's a communist operation. it's pure insanity, okay? this is only about 750,000 barrels a day, but the idea is insanity. and, stu, one more piece of insanity. according to news reports, the biden administration is going to

allow the u.n.-sponsored watchdogs to let the ballistic missile deal in iran expire. they're supposed to watch this. they're supposed to keep the ballistic missiles down, the number down, the production down, and it is set to expire tomorrow, wednesday, and the biden administration is in father of it. -- favor of it. and the bidens want to send a pro-iranian ambassador, jack lew are, to israel. this whole thing is insane. stuart: it's irrational, larry. >> yes. yes, yes. i mean, the one thing that we can do, we the united states, okay? we stand behind israel? i'll give biden some credit for standing behind israel so far. but, but, but, but we should have the maximum sanctions restored to iran. we have to have iran go bankrupt. and when trump left, iran had no oil reserves and no foreign

exchange reserves. now they have exploded under biden, and they want with to do the same thing with venezuela. why are we assisting our enemies, stu? stuart: because i'll tell you why -- >> why is this country assisting its enemies? stuart: because biden is afraid of iran, biden is afraid of our enemies, and trump never was. am i right? >> well, you are right, but i will just say you've got all these -- you've got iranian cutouts, stu, in the state department and the defense department. the pro-iranian ambassador, jack lee -- jack lew, he's former treasury secretary under obama, they're serving him in to israel. he was the guy who wants to release billions of dollars to iran and stop the secondary sanctions on iran banking and business. you've just got a cadre of people in the biden administration that want to help iran. they think iran can be a good citizen in the middle east. they will never be a good

citizen. they are the primary supporters of all the terrorism, state-sponsored terrorism. of it's insanity. it's stupid. stuart: you're right. >> they've got all these left-wing people here. it must be stopped. stuart: larry, we're going to be watching you at 4:00 this afternoon a, because we all want the hear more of what you just said. that is. dynamite stuff. >> thank you, stu. stuart: 4:00, must-view television. coming up, biden's staking his presidency on this trip to israel. he wants to limit the casualties in gaza without interfering with israel's crushing of hamas. that'll be my take. customs and border protection say over 16,000 known gotaways have illegally crossed the border in just the first two weeks of october. we've got a report on that from texas after this. ♪ muck (adventurous music)

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griff? >> reporter: well, good morning, stu. and border officials are very concerned not only because we have 16,000 known gotaways that we don't know who they are, where they're from, but also because the number of those special interest aliens from places like iran, syria, lebanon that are coming here. you can look at our fox flight drone team there here in eagle pass, this area has been ground zero for the better part of the last few months of just wave after wave of migrants coming right underneath this bridge. and the reason why officials are so scared about what may be coming across is because just last week, or stu, just last week in just this area we've had 6 iranians, 3 lebanese, 1 my grant from china, 1 from egypt and 1 from saudi arabia are. these are not migrants from central or south america. these are those that come from countries that have ties to terrorism, and that is what's so alarming. now, we talked to a local pecan farmer who lives here and sees

migrants every day, sees these middle easterners, and it scares her. he talked to the border patrol chief in this sector. here's what she had to say. >> he said that they were very concerned. he believes that it's just a matter of time or it's the inevitable that something happens. seeing people come into the country that we know nothing about, that concern's with me because of what i've seen. >> reporter: and finally, let me just show you a picture here of this migrant, a known ms-13 gang member. the big giveaway, the giant ms-13 back that too that was apprehended this week in kenny county about 30 miles north of where i am, really brings home the point that not only do we have people that may have ties to terrorism, we've also got hardened criminals coming across our border. and that has everybody paying attention to what's happening in the israel and, of course, remembering as we head into a new fiscal year the numbers are not going in the right direction, stu.

stuart: thanks very much, indeed. back to the markets, we're down 75 on the dow industrials, down more than 180 on the nasdaq. here's why, look at the yield on the 10-year and the 2-year. 10-year first, all the way up to 4.85, and the 2-year all the way up to 5, what is it now? 5.16. that's a negative for stocks. still ahead, biden heads to israel tomorrow. he's trying to keep iran out of the war. james carafano takes it on. trump is under fire for his commentsen rice el. he want -- comments on israel. brian kilmeade on that. in may be a vote on the speakership, but what will republicans do with matt gaetz? i'll ask new york congresswoman claudia tenney. more companies starting to eliminate college degrees as a job requirement. i'll ask ricky. >> lot who has a good degree what she thinks of that. the 10:00 hour is next. ♪ ♪

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stuart: good morning. it is 10:00 eastern. straight to the money, dow was