are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. ♪ ♪. stuart: a change would do, cheryl kuro. a change would do you good, that's a full line, does not refer to the election, good morning, everyone it's 10:00 o'clock eastern let's g gt straight to the money, the dow

is up 331-point we have 26 of the dow 30 in the red, for winners among the dow 30, the ten year treasury yield not doing that much this morning, 4.44%, t the price of oil not doing that much $77 a barrel, bitcoin not doing that much $67000 a coin is down a thousand dollars that is a market on a tuesday morning, now this. voters in europe have had it with mass migration in environmental extremism, it is the same here, the polls show americans are angry about her open border and they're not happy with biden's new green deal either, the issues will be from the presidential debate in the election on november the fifth, control of the white house may shift because of these issues, power has already shifted in europe, 150 million voters across 27 country turned out this past weekend and the results were a real shock, few

expected the surge and anti-green and anti-immigration policies, in germany the green party lost half of the seats, he received 3 million fewer votes than in 2019. no surprise, the industry has been crippled by environmental rules, all lost souls party is a leader of the country, his party came in third it was being by a party called alternatives for germany which opposes mass migration, and france marine the prince conservative national rally party took 30% of the vote, that's double the vote for president mike rounds own party, anti-immigration do not like the porous border, macron was so shocked that is parliament was a snap election. the 27 countries in the european union have voted in a new parliament it will lay out new roles on the environment and migration.

across-the-board europeans are signaling their frustration, take no president biden frustrated by the same policies pursued here, it's strange to see the europeans leaving the wave log like everybody else but years of environmental rules, the invasion they see the light they are headed in a new direction, i think we are to. second hour of "varney" just getting started. stuart: lisa boothe was us this tuesday morning. >> great to be with you guys. >> welcome back. are we going to see the same rejection of leftist policies here as we sought in europe. >> i pray we do look at how much america has changed we had the 5.1 million foreign-born people brought to the united states in the two-year period of time

under joe biden the largest in history the foreign-born population is almost at 16% and were importing the third world, look at the pro-hamas rally that we see across the country and the violence that stems from that the people calling for genocide against the jewish people and the death of american the death of the west, that's what we've imported, americans are waiting up and realizing that in new york city financially the city is struggling by the amount of illegal aliens that have been brought to the city. more and more americans are saying were generous people but this is not helping or benefiting the nation it's hurting us as a whole. stuart: it's nice to see the europeans leaving the way, for once they got it right. >> hopefully we get a right to. charles payne wants to get in on the. >> every speech i've given this is my theme this year is about to germans it's about karl marx and ottoman bismarck, that's

what were choosing around the world and there's never been this many elections for democracy around the world and i'm telling you not surprised by these results the numbers have been there in the green party destroyed germany and the economic suicide and people are worried what is the unifying thing, every population is pushing back against the elite, the elites have dominated society from every end of this world, they don't care about illegal immigration, they benefit from it. stuart: this is for you, this was on cnn it says that trump is likely going to win nevada in november, watch this. >> i'll be honest it feels like nevada is going to land in trump's column. >> of nevada lands in trump's column, it's going to be because of the economy, frankly nevada is a place where you have a lot of working-class service workers and they are very impacted by high prices and they have been hurt during the pandemic and are

looking for improvements in the economy and we know people are nostalgic about the trump academy pre-pandemic and they think they did better than. >> nostalgia for the trump academy will bring people to his court. >> even cnn's poll recently a couple of months ago where the majority of americans reflect positively on the trump administration and those are not the same, joe biden and his entire candidacy was i'm not donald trump, donald trump is worse now we can say that because americans are looking back when the stall jeffrey donald trump and then you add on how bad the economy is and how bad people are struggling in joe biden is like the stock market is good which is a slap in the face to working voters who are struggling. stuart: the rapper and model amber rose endorsed trump, i'm surprised to hear that. she thinks his conviction will help him and she said he's maga agenda, pro-woman, watch this.

>> is donald trump not for women's rights? >> i guess a lot of people were asking, make make america great again that's true right, there you go. >> is him getting convicted change the way you view him. >> not at all. >> do you think you'll help his chances or hurt them. >> i think it will help them absolutely people see the injustice and what happened in they want to vote for him more than ever. stuart: are you surprised by that? >> more americans are waking up we know what the left tries to do, racism, sexism, they tried to divide americans a more people are realizing we are better off under donald trump and if the country is doing better we all do better collectively as a nation regardless of your woman or black or spanish, whatever were all in this together and things are bad and to her point the conviction against donald trump

i think americans are realizing when he announces he is running for reelection and an onslaught of the law fair against them it's pretty obvious what they're trying to do the tried to take them off the battlefield by hook or by crook for trying to win this election and it's good to see everyday americans waking up to the nonsense. stuart: thank you very much indeed. new york congresswoman alexandria ocasio-cortez says the progressive movement is being undermined by anti-semitism. were not sure how that works. undermined, tell me more. >> aoc says anti-semitism is a violation of american value, criticism of the israeli government is not inherently anti-semitic but only when it doesn't cross a line. >> criticism of the israeli government is not inherently anti-semitic and criticism of zionism is not automatically

anti-semitic. that being true does not mean that we should not recognize when criticism and when the criticism crosses the line into real harms against jewish communities. anti-semitism is an assault on our values as americans and especially as progressives. when the jewish community is threatened the progressive movement is undermined. stuart: in the meantime a new survey shows the majority of jews support president biden and say that they trust him over former president trump to combat rising anti-semitism according to a poll by the american jewish committee, 61% say they would support joe biden, 23% said they would support donald trump and by the way 55% said biden would be better at combating anti-semitism in the u.s. compared to 20% that say trump would be better.

stuart: the proportion of jews in voting for trump is much higher this time around if the poll is accurate then in 2020, bigger slice of the jewish vote. thank you we will see you later. i would look at nvidia the ten for one was official yesterday, charles payne with me, you seen him here before, the nvidia stock split you call it manipulation. >> all the stocks puts our form of manipulation i'm going to pull a karl rove let's see if we can get the camera on this th thing, what is high in more expensive, 940, or 94. if you talk to somebody anyone gives a 94 is less than 194. if 940 times ten and 94 times a hundred is the same that is pretty stock split, people waited for the stock split to get cheap and affordable they paid 121, "the bottom line" wall street understands this.

my whole life as an adult been involved in the stock market anytime a high profile name is going to split a lot of non- investors know about it and hear about it, particularly not with social media they say should i get apple after the split, wall street knows the goodbye, these are the suckers why pay 29% more after the split that you could've bought the day they announced the split. wall street was manipulating people it's manipulation of the public let's get into this elon musk banning apple devices from his company of apple integrates openai into the operating system elon musk causes an unacceptable security of violation. >> tim cook is a hypocrite. he boxed himself into a quarter, he took the high road, this is 2018 apple ceo tim cook privacy to us as a human right it is a

civil liberty and this is an interview on msnbc. apple this is another one from 2021, apple ceo calls out rival tech companies ahead of privacy update. i don't think anybody wants to get away our information some are loosey-goosey with more than others but if tim cook goes through with the openai arrangement he is being a hypocrite gets his own words but he boxed himself into quarter, he cannot compete apple's been caught with the a.i. craze instead of calling artificial intelligence they want to call it apple intelligence but no branding at all will help the fact that they have been sideswiped. stuart: do you think he left a reverse to his decision. >> article have to go the extra mile and put in safeguards for people to make sure but it's a damn shame apple spend a billion dollars buying back its own stock caught flat-footed in the a.i. race.

incident boozman. vice president kamala harris says she invited need a second term to fix the housing crisis. you've had a lot to say about housing. >> also government interference, the best example in cautionary tale let's go back to president obama, march 30, 2010 president obama signs historic healthcare and education legislation and within that they will free up 60 billion for college affordability and deficit reduction president obama says we push out the middleman the greedy bankers, tuition will never go up, back then full private nonprofit the private on campus was 40 grand now at 60 grant it's gone up much higher we don't want the government, but here is no 0 about the housing market. she no 0 she knows nothing about

the housing market, president biden knows nothing about the housing market and i believe most of those folks surrounded them in the economic circle know nothing about the housing market, the economist and theoretical economist who believe in something that has nothing to do with academy's ideology and progressivism, not capitalism and we had to be very careful when kamala harris think she can fix the housing market if you're voting with her here make a huge mistake. stuart: you're alright, thank you very much. let's bring in ashley, what is with stellantis' dad wanted a half percent. >> the automaker recalling 211,000 suvs of pickup trucks, it's a software issue the recall includes a certain model years of the dodge durango in the dodge ram and the software malfunction could lead to problems with the antilock braking system which could cause stability control problems but the stock is down wanted a half

percent, spotify a new expensive subscription the new tier will cost $5 per month but a give users access and to create a playlist, shopify not spotify, shopify, j.p. morgan initiated coverage for them and overweight with a $74 price target at $64, the analyst believes the recent pullback gives buyers a great entry point and they are highlighting the continued shift to online retail. everyone i know goes to online retail. stuart: including me strangely enough. >> that the final nail in the coffin. thank you. coming up the administration is looking to protect illegal immigrant spouses, that would be the spouses of u.s. citizens.

new video shows hundreds of migrants crossing with one saying he loves biden, griff jenkins has a report next. ♪ trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights. trade brilliantly with schwab.

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dell 30 on the screen, for our up the rest are down that's what the dow industrials are down 279 points at this stage, the coming back a little they have been gone almost 400 points earlier, now this, the new york times says the administration is

considering a proposal to protect undocumented spouses of u.s. citizens and protect them of deportation and allowing them to work legally, griff jenkins joins me, what is the white house saying about this new. >> the white house is telling fox that they continue to explore policy options but there elaborating on perhaps the next actions to the new york times writing this, the biden administration is considering a proposal to protect undocumented spouses of u.s. citizens from deportation and allow them to work in the country legally and for officials with the knowledge of the discussion adding any program that some spouses an easier route to obtain u.s. citizenship, this comes a week after biden announced the executive action cracking down on asylum's but so far no decrease in illegal crossings and places like the san diego sector they continue to release

hundreds of migrants every day from the eastern countries like turkey, india and yemen because they're hard to send back, one are telling our colleague, he believes biden is helping him. >> to pay anyone to help you get here? >> know i searched the internet and followed that i searched the internet and found a way to come here. >> what do you think of president biden. >> i love biden. >> why do you love him. >> biden helped us. >> look at this caribbean migrants aren't so lucky, the u.s. coast guard said they returned to combine 500 migrants for the bahamas and haiti over the past 48 hours and effort to crack down on illegal maritime border crossing. as for the latest white house action, the new york times reports no final decision has been made. stuart: san diego county

supervisor jim esmond is joining me now. welcome to the program we need a transient huge flow of migrants into california from mexico have you seen any change since biden's border action took effect? >> no not at all unfortunately business as usual which is not good for san diego county or the rest of the nation with somebody people coming across unvented and not checking backgrounds or things like that that is a safety hazard for not only the citizens here but throughout the country, we've seen hardly any change at all and we have hundreds of people being dropped off in our streets and hundreds of people coming across the border, there has been no change at all and we don't see any forthcoming. stuart: do you see them on the streets of san diego i don't know what to do those thousands of people, are they visible?

>> there being dropped off at a transit site, there is a trolley and a cab in the free bus from some of our nonprofits who were helping them get to the airport. we see them predominately around the airport they are sleeping there to try to get flights out but they've literally dropped off and get absorbed into the community or moved on, there is no tracking border patrol drops them off ended see you later. stuart: what do you think of the amnesty plan for the undocumented spouses of u.s. citizens. >> this sort of makes sense if you marry somebody that would be an easier path to citizenship but it seems like instead of enforcing our laws and enforcing our border laws and issues are finding more ways to allow more people in and giving them an easier pass, and california in

san diego county, we actually pay for anybody's deportation fees, not their fees but their lawyers to represent them if they're being deported at all, this is were enticements about our people and instead of more security for the american citizens that are already here and neither protection from bad people coming across our borders. stuart: there is 8 million, pick a number there are millions of people here should we let them work? >> it makes sense if you let him be here because they're going to get hungry, they need money and they need an income but that's a symptom of the problem the real problem is not having border security and allowing people to walk across the border those are downline symptoms, we need security and need to stop people in the border patrol agents eyewitness this they watch people come across the border and process them and if there

asylum or other things, we need to stop them at the border and have a lawful immigration system where people can come to the country dignity not walking across and breaking of laws. stuart: no change from the new rules of the border. thank you for joining us always good to see you. here's the rest of the show, trump completed the mandatory presentencing interview yesterday. is that getting him ready for prison last former federal prosecutor andrew, he is on the show a little later, jury deliberation underway on the hunter biden gun trial after hunter declined to take the stand. a live report from outside of the courthouse. that is next. ♪ [thunder rumbles]

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stuart: on the market still plenty of bread inc. but not as much previously the dow is down to 60 in the nasdaq struggling with the loss of eight points nowhere near the decline of the dow. ashley is with us looking at the movers, start with apple because it hit an all-time high, $200 a share. >> not bad right there up 4% 200

bucks for the first time they are the stock of the day for headlines announcing apple intelligent after announcing apple intelligent the clever use of a.i. in the partnership with openai da davidson likes the announcement upgrading to a by they say apple will be the first company to get people to actually use a.i. that is high praise indeed. staying on tech, zscaler and nvidia partnering on a high-security it was announced that zscaler conference the scaler will leverage nvidia a.i. technology to deliver new user experience in security centric copilot service to the enterprise. i have no idea what that means. take a look at starbucks there hopping on the value fast food they will be five and $6 each in the 5-dollar meal is tall coffee

or tea and a croissant the six delegates you a tall coffee or tea and a breakfast image but it doesn't beat whatever a dollar at mcdonald's which i know you like. >> thank you very much indeed. day two of jury deliberation underway in the hunter biden gun trial the fate of the president son could be decided by the jury as soonest today rich edson at the wilmington courthouse, what you have for us. >> the jury has been deliberating for an hour and a half they came back into the courthouse 906 in the morning the judge read instructions and then asked if they had spoken about the case with anybody and they all said no and headed back into deliberation they deliver for an hour and ten minutes after closing arguments there was discussion that hunter biden may be testifying in his own defense, that never happened in the mood to closing arguments, the prosecution says

overwhelming evidence at an october 2018 hunter was a drug user and lied on a federal form to buy a gun and then possess a weapon for 11 days. prosecutors recap text messages, testimony from his exes and the gun store employee who sold him the firearm and passages from hunter's audiobook. leo wise referred to biden family members in the courtroom which included the first lady jill biden same people sitting in the gallery are not evidence and nobody is above the law. the defense acknowledges hunter dealt with differently 15 to 2019 but a abby lawler maintains he was on drug user when he bought the firearm. a magic trick relying on evidence of past drug abuse to prove hunter was using the drugs when he bought the gun, and below says there's no photos or testimony from witnesses who saw hunter use drugs in 2018, maximum penalty 25 years in

prison, $750,000 fine. if hunter is convicted he would be a first-time nonviolent offender so the maximums are very unlikely. stuart: when you appear at the white house there is a noisy leaf blower. when you appear at the wilmington white house you have a heckler. well done we will see you later. >> thank you. stuart: former federal prosecutor andrew joins me now. it is closing arguments, the prosecutor leo wise said the biden family members who were there to support hunter are not evidence. do you think you have any influence on the jury solution. >> the jury should not take long with her deliberation because evidence is overwhelming. the biden family could have an influence in biden friendly delaware, the evidence of the crime comes down to the question whether hunter biden at the time the design the gun registration

documents new or believed to be an addict or to be using drugs, the prosecution provided ample and overwhelming evidence that he had prolific drug use leading up to the and drug rehab and you know when you go to drug rehab once an addict always an addict so how they could get away with this is unclear to me but they gave it the best shot from the defense side is jury nullification. >> the first lady flew from france to wilmington back again in 24 hours, was she there for moral support or was she there to influence the jury. >> what is remarkable we see the unmitigated support from jill and joe biden for their son hunter biden. in a certain point a child's life in their middle-aged years you have to wonder if they're doing more harm than good and continuing to support hunter biden. it was years and years of chaotic behavior that is decimated the entire family to

include a romantic relationship with his dead brother's widow and getting her addicted to crack cocaine and standing by as he pleads not guilty he could apply guilty all along and save the family from the sum embarrassment but he put them through this and they stick by his side. >> donald trump completed the presentencing interview monday for the new york criminal trial. it seems like they're getting him ready for prison. >> the presentencing meeting is is required for judge rashaun to have the option to send him to jail. it's a necessary step along the way but that does not mean he'll be given jail time there is also some things that can happen between now and then that may stop the improved entirely and looking forward to see what the supreme court says about the immunity issue that was brought before the court a couple of months ago into decision prior to the july sentencing hearing dockets on the new york trial into chaos opening the door for

the defense to complain that she should have immediately because those charges were all well donald trump was in office that's previously been divided for judgment sean into new ruling could open the door to new litigation. stuart: what do you think will happen if trumpets a prison sentence. >> i think there would be chaos and a contingent of his supporters he would do everything that they can to rally and support the former president. i think those on the left would see that as a highly unjust verdict because this is the case that would not ordinarily result in jail time. i don't think jail is appropriate but who knows what judgment sean will do. stuart: thank you for joining us. trump's legal team filed a new motion to dismiss the classified documents indictment, how did the judge rule. >> a big thumbs down trump's legal team wanted to throw out half a dozen of the 41 counts in

that indictment that accuses the president of illegally hoarding classified documents that counts related to obstruction of false statements aileen cannon agreed to strike down a paragraph from the indictment that defense lawyers argued was nonessential to the underlying charges but the judge has rejected multiple motions to dismiss the case included an argument that the presidential records act allows trump to keep the documents with him and designate as his personal file. so for the judge is not buying. stuart: how is the biden campaign using trump's conviction. >> to mention that every given opportunity wherever they can biden's reelection campaign using it for political game as you would expect in using part of a bigger report now from the fbi on crime as an example the report says year of your violent crime has dropped 15% as the

administration boasted about the latest numbers, the biden campaign official said donald trump is a convicted criminal to enable the law to spike in violent crime and president biden has worked hard to clean up his mess and it's working. the biden campaign has repeatedly called trumpets convicted felon since a hush money trial in his blasting out e-mails and fundraising request with the same label but interestingly, the fundraising is going up that's donald trump and so was his poll numbers, maybe it's not working. >> zoom chief executive officer wants to create a.i. digital clones to go to meetings for y you. we will explain how the twin technology would work. that's coming up in the next hour. mortgage rates have doubled since the start of the pandemic making homeownership harder for millions. his report is next ♪

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stuart: red ink but green ink on the nasdaq the nasdaq opened sharply lower now it's up 13 points, the dow was down 300, over 300 now it's down 193, many homeowners struggling to pay off their mortgages. which states are struggling the most. >> number one louisiana has the highest share of underwater mortgages that are under 11% according to redfin home values have dropped 6% from the peak in the summer of 2022, wyoming

coming in at number two with close to 9% of homes currently underwater they own more on the house that is worth, researchers and home equity have plunged the most in the south and midwest kentucky, mississippi, oklahoma this is where valleys have dropped since the pandemic housing boom housing analyst say it's nothing like the housing crisis of 2008 but it could become a bigger factor if the labor market or economy takes a big downturn. staying on housing high mortgage rates are making it difficult for millions of first-time buyers, edward lawrence joins me, making homeownership difficult in my opinion high mortgage and low inventory am i right? >> inventory and the cost of money make it unattainable for some. a 30 year fixed is under 7% right now 87% of the mortgages

in the united states have a mortgage rate under 6%, 60% of the mortgages have a rate under 4%, the chief economist for the association of realtors said those people are sitting on homes limiting supply and keeping prices higher it doesn't help that the average home sale in the first quarter of this year was $513,000 up 29% from when president biden first took office. >> those who are properties are doing well prices at a record high but those that want to participate first-time buyers are struggling so we have a social divide hard to jump into the next level which is the reason why it's critical that we have more supplies in the future years. >> you wouldn't believe we need 50% more home supply to stabilize prices on the market the president of the homebuilders association says new regulation from the biden

administration announced in the name of green energy $30000 and the cost of some homes. >> doesn't comport with housing opportunities and what owning a home can do for the future of the family until later on tens of thousands of dollars on the cost of the house that's never going to be repaid back on the people living in the home it boggles my mind. it comes back to the supply and demand out of balance keeping prices higher with the cost of mortgage also keeping some folks out of getting that first home or changing homes make it unattainable for the american dream. stuart: is a housing crisis, thank you very much indeed. an office building in manhattan is set to sell at a 67% discount from the previous selling price, why such a huge/in the price. >> people are not working out of

offices so the commercial real estate market is really suffering and capital holdings they agreed to buy this property in hells kitchen 8321 west 44th street they're getting paid less than 50 million and is a 67% discount from the 150 million the related fund management paid for in 2018. the deal is a short sale which means it selling less than the outstanding which is reportedly more than a hundred million but it's a struggling commercial real estate market were postponed until pandemic values have plunged as offices have remained empty, frankly willing to hold fire you talk about prices commercial real estate a huge problem. >> a new gallup poll shows more people identify as socially liberal then conservative or

moderate, do republicans need to change their messaging when it comes to social issues. jimmy failla takes that on in the next hour. the european union have voted in a new parliament and theirs appears to be a shift to the right europeans have had it with mass migration and extreme environmentalism. are we headed in the same direction in america. ♪

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spewing conservatives one big, voters want tougher immigration laws, improvement on the economy and they want back green policies. nile gardiner joins me. the issues in europe that move the people to the right were environmentalism and migration, do you think will see something similar in american selection customer. >> thank you very much for having me on the show today and as you point out european voters really care about the same issues that american voters care about, mass migration, open borders, the high cost of left-wing environmental policies and also european voters have

reacted against woke ideology as well in europe. many factors drove the political revolution in europe over the weekend the same factors are at the top of let's a process for u.s. voters, economic issues in a different were crucial in europe. there is a lot of similarities of what's happening in europe and what could happen potentially here in the u.s. in november. stuart: were you surprised to see the european outfront for a change they usually lag behind everything. >> that's a very good point but back in 2016 with the brexit referendum that was a massive game changer of the u.s. president to that swept donald trump, i think in some respects sweeping changes in europe can lead to sweeping changes in the u.s. as well as we sold with

brexit. i think the political development over the weekend is very significant in terms of what may happen in the united states as well. >> written goes for general election they hold the election on july the fourth. do you think the socialist will win, the labor party which is a socialist organization. will they win? >> every poll indicates that labor is likely to win unless a massive reversal pretty think the situation in the uk is different to conservative government in britain that's been in power for 14 years and voters have become restless, the right is very divided in britain the new reform party is taking 15 to 20% of the vote so in the

uk you have a very different circumstances and in many parts of europe into thick unfortunately, the uk is heading for a period of socialist rule in the next five years which would be a disastrous for the british people. stuart: disastrous, thank you for joining us. don't be a stranger. come back soon. still ahead jimmy failla on president biden freezing up during the juneteenth concert at the white house. peter morici on harry dent predicting a market crash in the 2008 crisis, the wall street journal allysia finley wrote an op-ed on who is behind biden's policy decisions. the 11:00 o'clock hour of "varney & company" is next. ♪

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