towards the end of the year, it could be a great time to load up on some names that you like that may have if pulmod back a -- pulled back a little bit. maria: what do you think, liz? >> i think the election's going to be more and more an issue as the market takes a look at what the policy of a kamala harris would look like. if she's up in the polls, the market's going to go down. maria: i uh-huh. what do you say, or kelly? >> i think today we're going to the get a really important read on the manufacturing sec to have, and we've been in contraction. that's something i'm laser focused on this week. maria: all right. great conversation, everybody. thanks so much, mark tepper, liz peek, kelly o'grady. a market that is under selling pressure, and of course, we're gearing up for the jobs market if numbers out on friday. "varney & company" picks it up. stuart: good morning, everyone. let's reassure everyone there is no huge selloff for the a markets. in premarket action stocks are, indeed, down. you always have to say this, we don't know how the market will

close. at this moment, prior to the opening of wall street, the dow's off a couple of hundred points and the nasdaq's down 143. let's see how we close. let's get to the political action. just look at this. thousands in the people of streets of new york if supporting hamas. six hostages including an american had been brutally killed by hamas, and the city's streets are filled with people who seem to approve of it. the president comes back from a 32-week vacation and says netanyahu should be doing more to free the hostages h. he and harris blame israel, not hamas. here's the "wall street journal"'s editorial board. us ream -- israel is blamed, end quote. kamala harris copies another trump policy. she wants to top the take over of u.s. seal by a japanese -- u.s. steel by a japanese company. trump the also started no tax the on tips, harris fold that in days. flip-flop on fracking, yes. harris now says she will not ban

it, doesn't matter. two recent court rulings will kill offshore drilling and the export of nat gas. the climate crowd wins in court and doesn't need a fracking ban to kill fossil fuels. and another plus for weight loss drugs. they cut the fatality rate for covid-19. is there anything they can't do? tuesday, september 3rd, 2024. "varney & company" is back, and we're about to begin. ♪ ♪ stuart: i'm going to call it a disgrace to the city. house of pro-hamas protester thes stormed through the streets of new york monday after hamas murdered six hostages including an american citizen. lauren, take us through it. lauren: so hamas shot point-blank six hostages they've been holding since october 7th. they were found dead in tunnels in rafah, the city the white house didn't want israel to

enter. israel believes the hostages were killed when the idf got close to finding them. the funeral for the american, hersh goldberg-p if olin, was yesterday, the same day up to the 7,000 anti-israel protesters stormed new york city streets as a you are looking at them. they waved the hamas flag along with iran's and palestine's. they lit flares, set off smoke bombs in the streets of new york city, four of them arrested. the white house condemned the violence. they say this: there is absolutely no place in america for the poison of anti-semitism, none. it is especially heinous to express support for a hamas on the same day as the funeral for an innocent american hostage who they brutally murdered. stuart: all right. thank you, lauren. now listen to what the president had to say about israel's prime minister netanyahu. roll it. >> reporter: are you planning to present a final hostage deal to both sides this week? >> we're very chose to that. >> reporter: what makes you

think that this deal will be successful in the way that the other deals were not? >> hope springs eternal. >> reporter: mr. president, is it time for prime minister netanyahu to do more on this issue? do you think he's doing enough? >> no. stuart: guy benson joins me now. hamas kills six hostages, the administration wants israel to the make concessions for a ceasefire. my question is, is biden now supporting hamas no matter what he says? >> well, you can make the argument that effectively he is helping hamas, no question about that. a hamas says no over and over again, stu, as we all know to the various peace deals. and, certainly, peace deals and especially just even temporary cease fivers. and ben -- ceasefire ifs. and benjamin netanyahu came out yesterday and addressed this criticism from president biden, and he walked through the last several months of israeli

concessions, seriousness at the negotiating table, israel's willingness to give a little bit in order to pause hostilities and get these hostages back. and at every single turn, hamas said, no. and then hamas turns around and murders, execution style, six of the hostages that they stole the nearly a year ago, and we have the president of the united states now pressuring israel more. and a lot of people around the world either blaming israel directly or indirectly like somehow it's their fault that they weren't able the get these hostages saved earlier from the monsters who took them. stuart: this is about the election. this is about a domestic politics. the biden-harris team wants to win michigan, so they go hard on israel, not on hamas. it's domestic politics driving this, isn't it? >> i think that's part of it, which is a very sad thing the say, stu. it shouldn't be the case. if you can't muster righteous indignation about a young,

beautiful, innocent american citizen being slaughtered in cold blood by terrorists after a almost a year of his parents begging every day -- i had the honor of interviewing his parents, hersh,'s parentses, on "fox & friends" a few months ago, begging for his release. he did nothing but show up at a music festival and dance. hamas stole the him, they kept him, they blew his arm off, and now they've murder him. and to then see thousands of people in our largest city celebrating while waving the flag of hamas and, you know, a few press releases of condemnation from the white house, a lot of silence from many other people on the left and then putting this back on benjamin netanyahu like you need to do more, it feels like just totally upside down. stuart: yep. i'm going to switch gears for a second, guy. listen to what biden had to i say about voting for harris. roll it. ms. >> i've watched her with at

experts ors, foreign and domestic policy would give us advice that we'd sit alone in a room, and she has a backbone like a ramrod. [applause] she has the moral compass of a saint. this woman knows what she's doing. [cheers and applause] folks, i promise you, if you elect kamala harris as president, it will be the best decision you have ever made. stuart: you know, guy, it might be risky for harris to bring bind on the campaign trail. what do you say. >> ridiculous hyperbole. i guess the guy finally got off the beach for, what, a week plus, to the criticize the israelis and make that speech. but he is tethering himself to his vice president and vice versa here with these comments. she's amazing, she's in the room with me all the time. i've got the front row seat. okay. let's see what voters think. stuart: yep, indeed. and if let's see what what she's got to say about the issues. thank you very much, indeed, guy guy benson, see you again soon,

i promise. david bahnsen with us this tuesday morning. he's never afraid to get into politics. the biden-harris team pressuring israel to to go easy on hamas. i can hardly believe it. >> yeah. and i'm not even sure it's the right political thing because there are, of course, jewish voters that care about this too. i think you're right, it's disgusting morally. they're worried about the margin in michigan. but i think it's a miscalculation all around. i think it shows weakness, and i certainly think it hurts with more moderate jewish voters that feel like they're being sold out. stuart: david, stay will the for a moment. you're with me for the hour. lauren, come on in, please. it's a shortened week, but there's lots of data. lauren at 01 a.m. today you gettish s sm, manufacturing's finish mi. it should be in contraction for the fifth month straight. thursday a measure of private sector employment and nonmanufacturing pmi, so that's a read on the services sector. friday's the big number for the week, the august a jobs report.

the expectations is 1600,000. -- 1600,000. any weakness could absolutely firm up expectations that you get that aggressive half a point cut in september. let me quickly give you earns, a few -- we're basically over with earnings season. retailers, dollar tree and dick's tomorrow, big lots on friday. hormel, zscaler, broadcom, docusign, hewlett-packard throughout the week. 8 out of 10 companies have beat on the bottom line, 6 in 10 have beaten on the top line. stuart: lauren, thank you. david still with me. headline in the "wall street journal" reads: americans are really, really bullish on stocks. that's in the "wall street journal." big headline. so the rally continues? >> that's the most bearish headline you could possibly get, and history is abundantly clear here. when sentiment9 gets very high, it's usually a very contrarian small. the vix has not been really all that high. mostly it was very low. it spiked up in early august.

it's come down. that's when people are showing their fear of the market. "wall street journal"'s capturing it, there's a lot of positive sentiment -- lauren: and just the calendar. isn't september the worst month of the year for the stock market? >> it's true except for all the months it isn't, and some of the septembers have been so bad like, you know, september of 2008, it brings the average as down. stuart: yeah, that was a bad one. >> that was a pretty bad one. i still have nightmares. [laughter] stuart: don't we all. look, i'veed asked you this before, does the market care about harris and her policies? >> the market will care about who ends up being president and what the policies end up being. the market in early september doesn't care because it doesn't know who's going to win the election, doesn't know either candidate's policy policy, and it doesn't know who's going to win the senate. the senate is what matters most. republicans win montana, the market will breathe easy. stuart: that's it? >> because it holds divided government in check, worst case scenario. stuart: you don't get those huge

tax increases if the republicans take the senate. >> that's exactly right. sergeant institute stay there, please. coming up, the governor of i'll, j.b. pritzker, has a warning for his fellow democrats. >> i don't think anybody should underestimate donald trump. we shouldn't be hiking that somehow kamala harris has a greater ability to win a debate than donald trump. stuart: that's kind of a setup. the debate, a turning point for trump, question mark? he gets the momentum back, question mark. jason chaffetz will be joining us on that. climate lobbyists are out using the courts to restrict oil and gas production in the name of environmental justice. what can be done about all of this? that's what they're stopping oil and gas drilling for, environmental justice? louisiana senator bill cassidy takes it on. the senator is next. ♪ you're the only one that i want ♪

(cheerful music) (phone ringing) [narrator] not all multi-millionaires built their wealth the same way, you have... the fearless investor. the type a cpa. the bootstrapper. the bootmaker. yeehaw [narrator] but many do have something in common. we all trust schwab with our wealth. [narrator] thanks to our award-winning service, low costs and transparent advice. every day, over a million multi-millionares trust schwab with more than two trillion dollars of their wealth.

stuart: the futures suggest some selling, at least at the opening bell, down 240 toon the dow, down 150 on the nasdaq. coming back after a 3-day weekend. harris, had be kamala harris, is trying to convince voters never opposed fracking, but that's easier said than done in energy-dependent pennsylvania. jeff flock is in doylestown. what are voters telling you there, jeff? >> reporter: they say it's no, no sin, stuart, to change one's views. however, you ought to own up to it if you do so. you know, pennsylvanians have been changing their views about fracking as well. take a look at these numbers from muilenberg college which has been tracking fracking over

the last decade or so. in 2012, their first survey, found that the most pennsylvania voters by a large margin, 49-39%, to opposed fracking. now, two years ago last survey, it had almost completely flipped around, 48-44 sport the procedure. -- support the procedure. for the record order to -- here's what harris had to say in 2019 and show she explain ifs it now. >> there's no question i'm in favor of banning fracking. >> what made you change that position at that time? >> let's be clear, my values have not changed. >> reporter: not good enough for some voters as well as the vice presidential nominee for the republican, j.d. vance. here's what he told fox. >> she's saying that she changed her mind on fracking during her general election debate, that's not true. she definitely did not do that. i think that a kamala harris got away with a very dishonest sort

of, you know, revision of her record there. >> reporter: now, in some sense, stuart, none of this makes a whole lot of difference. why? well, a president can't ban frack. as a trade group told us on fox business,s in reality because of a lawsuit, the president doesn't have the power to ban fracking even on federal lands. however, the hostility to oil and gas would continue, they say, if she is elected. how does that play out? well, some would look at the number of oil and gas leases issued by the biden-harris administration. that was 6711 as of today -- 671 according to interior department information. that compares to the trump-pence administration, 4,975. so whether you're on one side or another, those are the numbers. stuart: i think you know which side i'm on but, jeff flock right there in doylestown, thanks for joining us this morning. >> reporter: no idea. [laughter] stuart: okay. take a look at this, an op-ed

from the "wall street journal." judges say you can't build that. two case studies on l lng and oil drilling, why the u.s. desperately needs permitting reform. louisiana senator bill cassidy joins me now. mr. senator, as i read it, the courts are holding up permits for an lng project and the courts are killing fossil fuels. doesn't matter what kamala harris says about fracking. what are you going to do about these decisions? >> well, a couple things. one, republicans are more likely to appoint judges who follow the law as opposed to let their ideology intervene, that's number one. but, number two, i am personally introducing? called the repair act that would actually address these sort of court overreaches in terms of how they're addressing issues. one more thing, stu, let's just put in context. when the courts do these the actions, they are against the american or worker, they are against the american economy. they're also, by the way, since u.s. natural gas helps lower

global greenhouse gas emissions, they're against the world environment, and they also say they're against our allies because our gas support countriesing like germany. it's the overactive courts doing a heck of a lot of damage. stuart: is it possible that this lng project if will be killed? i mean, it has been killed and others like it may be killed, and you have shower cell concern offshore drilling mt. gulf of mexico could freeze up? >> they're trying to increase the cost basis. they don't want to ban fracking, so to speak. what they're trying to do is just death by a thousand cuts. if you can never get the deal done, your costs rise and finally you just walk away from it. you see projects where this happens. so -- and and, by the way, they're doing it on the basis of, quote-unquote, environmental justice, which is very difficult to to define. it's kind of in the use -- eyes of the beholder. a court can say, well, you

didn't go far enough. it's really difficult but, ultimately, this is a war on the american worker, the global environment and you are our allies. stuart: let me talk to you about israel for a moment, senator. president biden says met if an ya hue is not -- netanyahu is not doing enough. in effect, is biden now supporting hamas? >> i don't know if you can say biden is supporting hamas, but on the other hand, i think shall we say he's not showing a complete 3600 understanding of what netanyahu's saying. at issue is whether or not israel has the right to caught off the a tunnels going from egypt into gaza. now, i can tell you if there are tunnels coming from mexico to the united states, the united states would want to occupy whatever piece of territory we had to occupy to keep those tunnels from happening. and yet when israel wants today this, people are saying hat demand is unreasonable. that the demand if is unreasonable. i think if you put yourself in the place of israel, you'd understand their position. stuart: undude i to -- indeed.

senator, thank you very much. harris appears the found a new way to avoid reporter questions. lauren: she wore head forecast and they were clearly connected to her phone so you could see the white wire. she got out of her car, you see it, and she climbed the stairs to board the plane, and at one point she pushes the pods further into her ear. she's signaling to the press pool, i'm busy, i can't talk to you. it's a new way to be off limits, if you will, maybe make an excuse. but i think the minimum standard for a presidential candidate is taking questions and speaking to reporters. stuart: i'd call it a new basement strategy, and david, my question is, how long can she keep it up? all the way through to the election? >> it appears to have gone on longer than i would have expected so far. but what happens is the trump campaign needs to hit her so hard on issues that she has to come out and defend herself. that's the key here. make her have to respond on

issues and policies. stuart: okay. i can see that. >> it can work. stuart: all right, all right. check futures, please. we're coming up to the opening of the market. down 200 for the dow, down 130 tofor the nasdaq. the opening bell is next, and we're going to take you there. ♪ another girl, another girl. ♪ she's sweeter than all the girls, and i've met quite a few ♪

everywhere but the seat. the seat is leather. alan, we get it. you love your bike. we do, too. that's why we're america's number-one motorcycle insurer. but do you have to wedge it into everything? what? i don't do that. this reminds me of my bike. the wolf was about the size of my new motorcycle. have you seen it, by the way? happy birthday, grandma! really? look how the brushstrokes follow the line of the gas tank. -hey! -hey! brought my plus-one. jamie?

power outages can be unpredictable, inconvenient, and disruptive to your life, posing a real threat to your family's comfort and safety. when the power goes out, you have no lights, no refrigeration, no heating or air conditioning. the winds are not letting up at all here. we're going to see some power outages. number one thing to prepare for is extended power outages. are you prepared? you can be with a generac home standby generator. when a power outage occurs, your generac home standby generator automatically powers up, using your home's existing natural gas or propane, so your life goes on without disruption. you and your family are comfortable, safe, and secure. stay tuned, to get over a $500 value free on the most popular home standby generator in the world. with the generac, we don't have to worry about whether we lose power or not.

if the utility company does not come through, our generac does. having a generac takes a lot of the anxiety out of, there's going to be a storm. after the hurricane happened, we just want to be prepared for anything. generac generators are designed, engineered and built in the usa. 8 out of 10 home generators are generac, and have thousands of satisfied customers. how many times have you heard people say, i never want to go through that again? well, the next time you go through it, don't make it so hard on yourself. have a generac home standby generator. call or go online now to request your free quote with one of generac's nationwide dealers. special financing and low monthly payment options are available, and if you call now, you will also receive a free 5 year warranty valued at over $500. the call is free, the quote is free, and there's no obligation to buy. call or go online now, so the next time there's a power outage,

your home powers up. power your life with generac. call or go online to request your free quote today. stuart: if you're just joining us, it's tuesday morning after a 3-day weekend s and we've got some sell -- selling on wall street. i always caution, you never know how we're going to close. kyle wood is with me to look at the market this morning. kyle, i want the talk about apple. what do we mow about their a.i -- know about their a.i. push? >> i think we're at an inflection point in a.i., we're going to start to focus on a.i. interface, and i think with the launch of apple intelligence which everyone's going if to be talking about that for the next few days, it's only going to work on the 15 pro, the 15 pro max and the new 16 pro and pro max, so i think that'll lead to the a big upgrade in people buying the new phones because apple, listen, they didn't

invent the iphone -- i mean, the smartphone, but they invented the iphone and made it better. same thing with itunes and the ipod, and i think this is a great steve jobs moment where if he was still around, he'd be evangelizing how apple is going to take the whole ecosystem and integrate a.i. into the user experience. and i think over the last 30 years heavy been better than anyone else at doing that. stuart: kyle, can you put this into simple layman's terms, if i get a new iphone and it's got a.i. built into it, what do i get? what do i see? what am i getting out of this? >> a lot of thing, but the first thing will be on your key parked right? when you go to text, oh, stuart, i miss you with, you can make that persuasive, longing, you can make that serious, you could also make it into poetry. i mean, the things that they're going to be the able to bring to the table not only in enhancing the way that you're writing, but also a predicting of your reply of how you should reply to these questions or, oh, kyle, are you

ready for -- can you have a meeting on thursday the, what's the best time, it'll pop up in your calendar what can's open. i think the user-ability of this is going to be massive, more than we're even thinking right now. stuart: and you think it's enough to stimulate serious new iphone sales. >> 100%. apple's only up about 18, 19% year to date. i think so far the hardware a company like nvidia have been where the money's been made. i think haas going to switch just like many years ago it did with cisco. i'd be adding to my position. i think apple's going to be the hot topic from now until the end of the year. stuart: what's your target price? this morning it's at 228, where it's going? >> north of 2500 if not higher. -- 250. i think people are going to get wowed when they come out with their, i think it's september 9th when every every the launch of the iphone 16, and they're going to have the mac world talking about this. people are going to think about

apple, oh, we haven't bought apple, all the money's been made in nvidia. maybe it's time to rotate into apple. stuart: and that's next monday, i believe, next monday of next week, that's it? that's when it comes out? >> yes, sir. 9. stuart: we'll follow it. kyle, thanks. we'll check out apple next monday and all hose trading days in between. thanks very much, kyle. the opening bell is about to to ring, about 17, 18 seconds. we're expecting some selling. looks like some red ink being lined up there. it's tuesday morning following a 3-day labor day weekend. let's see how we go. they're ringing the bell, that means somebody's going to press the button. that's what we usually see. there you go, 3, 2, 11. that's you, sir. we're on the downside right from the get go. they're clapping and cheering, but we're down. the dow has opened with a 200-point loss, 198, to be precise, and a preponderance of selling. lots of red on that particular board. the s&p 500 also on the downside

in the early going to the tune of just over a half percent, that's 33 points down. almost .6% down. the nasdaq composite on the downside to the tune of .77%, 135 points off. selling across the board. now, if you look at the big tech stocks, there's only one winner, and that's microsoft eking out a 14-cent gain. apple, meta, amazon, alphabet on the downside. and now microsoft looks like it's about to turn south, but it's holding on there with a 16-cent gain. let's pull out apple, please. do we know what changes they're going to make on their new iphone display, lauren? lauren: japan's nikkei is reporting they're going to switch to the oled display. it's a better quality. sharper contrast, more vivid color. it's good for hd the videos, for instance, and the paper says apple will use that on all of their phones. stuart: you really turned your nose up when we were looking at

apple going above 250. >> first of all, i was pointing out that's 8% from here, so that's a pretty big risk, to try to get 8 over the next year or so when it's 32 times forward earnings, 35 times backward earnings. and the explanation about a.i. commanding a higher price on the pone and making people upgrade and then it just all a sounds to me like a solution in search of a problem. do you need your phone to tell you how you peel when you respond, when your wife texts you how you're feeling? i just don't believe it. lauren: to that end, nvidia's down 4%,, the broadcom's down, the tech and a.i. stocks are down today because as we talk about potential recession risks and all these costs of a.i. funding, can you justify it if the economy slows down? stuart: okay. >> spin vid ya's down almost 20% from where it was, and i think a lot of that a speaks to lauren's point. the demand, people are wondering, is this all a really necessary? and i keep waiting for someone -- i was excited for his answer to your question, but then i heard it.

again, i just am not convinced that people are excited for that. stuart: all right. tesla, they've announced changes to the model y, the stock is nicely higher -- lauren: yeah, look at that. they are reportedly planning a 6-seater in china next year. the model y is their most popular tesla, but it's four years old so if you're looking for a new car, four years is a long time. tesla reportedly told suppliers to increase output at its shanghai plant. so august was tesla's best month in china of the year. sales up 37% from july. i said, wow. and then i read that norway, 94% of all cars sold in norway in august, that's about 11,000 cars, were evs. and a fifth of them were teslas. stuart: ironic, isn't it, that norway's gone almost all electric, and they are the king of offshore oil drilling, let's not forget that. lauren: that's what i thought. stuart: what have you got, david? [laughter] >> the entire 5,000-person

population in norway is really into electric cars. i can say this, i'm from denmark. the scandinavian -- lauren: that's ooh why you're tall. >> maybe. [laughter] stuart: there's 5 million norwegians, is there? >> i'm being sarcastic. lauren: capital of norway, stuart -- stuart: oslo. [laughter] we gonna go through this? lauren: shares are down about 600% this year. in 1999it were 60%, they were one of two companies, the other being moth, the first two tech -- the other being microsoft. so if you take them out, massive blow to, a a, their reputation and, b, their turn-around, right? they're trying to be a foundry to the the compete with taiwan semi. not working. they missed the a.i. boom. they passed on that openai investment a couple years ago. so if their taken out, who replaces them? is nvidia a? if too volatile.

is it texas instruments? if institute do you care? >> intel cult their dividend -- intel cut their dividend, so they don't have a reputation the left to care about. this has been an atrocious couple of years. they were very, very overpriced in the late '90 tos, but they performed well. nvidia at this time would risk the same time, you putting it in at a big peak when it's trading at 700 times earnings. stuart: you don't like intel much, do you? >> when you cut a dave den, you're dead to me -- dividend. they should be dead to the dow. lauren: the last change was february. walgreens out, amazon in. >> and when think cut walgreens out, it had been down 755%. let's start -- 75%. let's start getting ahead of this, to my friends at the dow, instead of waiting until they drop 700%. 70%. stuart: let's move on. weight loss drugs helping to prevent covid deaths? lauren: i mean, is it like the wonder drug? studies show the key pom --

component in the weight loss drugs actually helps alleviate the covid symptoms, how severe hay get and also lowers, 33% chance lower death rate if you get covid if you're on weight loss drugs. i know. i scratch my head.. i'm actually surprised eli lilly is not trading higher right now because doctors are being warned by novo nordisk not to supply ozempic or wegovy when hay don't have to because it's in short supply. there's no shortage for eli lilly's weight loss drugs right now, so i thought we would see them the up, but they're downed the today. stuart: do you have any if comment on wonder drugs? >> in fairness, it's up 40% -- 1400% already so i think it's already priced in. where are -- where were they during covid to city i obesity at a large was one of the problems with covid? they never if talked about that

as the leading co-morbidity which it was. it creates all kinds of health benefits. stuart: that's the secret, isn't it? it helps all kinds of conditions if you lose significant weigh. >> who could have ever guessedded that? [laughter] stuart: doc siegel's going to be discussing this later in the show. you brought a couple of dividend picks. clorox, you've been there before. >> speaking of during the covid era, remember the wipes? everyone was trying to get ahold of clorox. it's a good dividend grower, up a little bit today. they were worried about a seen iser attack that happened earlier, it's way past that. clorox, a low beta that, low volatility, boring name that a just keeps growing earnings. stuart: next one is cisco systems. >> i brought that up because i still like this old tech theme. stocks that were overpriced in the '90s have performed real well. cisco had a heck of a quarter, and again, a 3.a 5% dividend that's growing 7, 8, 9% a year.

$50, it's a great buy. stuart: what's it pay now? >>.d -- 3.5. stuart: and going up. >> every single year. stuart: "the new york times" praised diversity practice less hand a year ago. now a new headline reads in part, dei is not working. will more institutions ditch diversity, equity and inclusion programs? jimmy failla will take that one on later in the show. president biden mocking predictions that the economy would collapse under his leadership. >> remember all the talk biden got elected, 40 ghost -- he's going to do a planned economy, we're going to collapse? come on, man. stuart: so what is the reality of bidenomics? charles payne on that. kamala harris taking another page out of trump's playbook. >> u.s. steel should remain american-owned and american-operated. [cheers and applause] and i will always have the back of america's steel workers and all of america's workers.

stuart: wait a minute. that was trump's idea first. why does she keep borrowing trump's ideas? steve forbes here to react next. ♪ ♪

♪ i have type 2 diabetes, but i manage it well. ♪ ♪ jardiance! -it's a little pill with a ♪ ♪ big story to tell. ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seeee, ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar.

and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this infection, ketoacidosis, or an allergic reaction. you may have an increased risk for lower limb loss. call your doctor right away if you have symptoms of infection in your legs or feet. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. ♪ jardiance is really swell ♪ ♪ the little pill with a big story to tell! ♪ we're doing a live trading event in aventura, florida. at this incredible event,

my team and i will be demonstrating the smart money trading strategies that have made us famous. if you're serious about trading, you don't want to miss this unique opportunity to trade shoulder to shoulder with the pros. it's limited to just 100 people, so make sure you grab your tickets now. call 888-809-8058 to reserve your seat. that's 888-809-8058. [♪] can a personal loan unlock your ambitions? oh yeah.

consolidate bad debt and save money for your next goal. sofi personal loans. low, fixed rates. borrow up to $100k. no fees required. stuart: 12 minutes' worth of business on the market, and we are still very much in the red. dow's off 170, the nasdaq falling further south, now it's down 2411. that's 1.3 3%. 241. measures on key issues like abortion and immigration are on the ballot in some battleground states. william la jeunesse joins maine william, which states, and if what are the specific measures? >> reporter: okay. 140 toballot propositions in 411 states. but here's -- 41 states.

typically you think top of the ticket will drive those down-ballot races. but this year with these hot button measures in maybe 5 swing states, that could decide the presidential election. >> for me it's roe v. wade. >> reporter: from abortion to crime and immigration, voter turnout for state ballot measures could help decide who controls congress and the white house. >> support for abortion crosses all political license. >> reporter: voters in 10 states will consider abortion-related initiatives. most focused on guaranteeing that that right until viability. >> this is a monumental achievement for our campaign. >> reporter: a measure in missouri would repeal the state's ban on nearly all abortions. >> i think missouri is going to defeat this measure -- [cheers and applause] >> reporter: the issue is also on the ballot in the presidential battlegrounds of arizona and nevada. >> when this issue has been on the ballot, the voters voted in favor of freedoms. >> reporter: the latest fox news polls show three-quarters

of voters back the abortion measures providing a potential down-ballot boost for vice president harris. >> open borders equals more crime. >> reporter: arizona voters or will also consider a republican-led initiative making it a state crime to cross the mexican border illegally and allow state judges to order deportations. >> it could add conservative voters to the polls not unlike the abortion one adding more liberal voters. >> let's make crime illegal again. >> reporter: california with several pet ty house races -- competitive house races, voters can undo so-called reform measures reinstituting penalties for petty theft and making fentanyl possession a felony. >> our intent is to hold those who prey on our communities accountability. -- accountable. >> reporter: so the bottom line, or stuart, activists put these measures on the ballot to drive turnout for the house, senate and white house, right? studies show turn is going to be

3-5% higher in those statements with the initiatives on the ballot versus those that don't. we'll see. stuart: fascinating. william, thank you very much, indeed. listen to what harris had to say about the sale of u.s. steel to japanese-owned nippon steel. >> u.s. steel is an historic american company. and it is the vital for our -- it is vital for our nation to maint the ain if strong companies, and u.s. steel should remain american-owned and american-operated. [cheers and applause] and i will always have the back of america's steel workers. [applause] and all of america's workers. stuart: okay. now take a look at this. the share price of u.s. steel really sliding following those comments. it's down 3.8%. steve forbes joins me now. this is straight out of trump's playbook, but it's still -- this

is my opinion -- it's a bad idea to stop the sale to nippon steel. >> well, or first of all, japan's an ally the last i looked, critical one. our steel industry badly needs investment. nippon's going to put $2.7 billion in a company that needs that high technology in making steel, so it's good for steel workers. there are not going to be layoffs. good for technology in terms of steel, keeping prices low which we need in manufacturing. so bringing these two companies together, remember, china has a over 50% of the global steel market right now. japan has 5, we have 4. bringing a good company in to help a struggling company here, we all both win. stuart. stuart: we should be doing that, but that's no not what we propose. listen to what harris had to the say about the economy under trump. roll it. >> donald trump blocked overtime benefits for millions of workers. he appointed union busters to the national labor relations

board -- [background sounds] and if he supported so-called right to work laws. he intends to give tax cuts to billionaires and big corporations. he intends to cut social security and medicare -- [background sounds] he wants to impose what, in effect, is a national sales tax on everyday products and basic necessities that will cost, an economist just said this, that will cost a intypical american family almost $4,000 a year. stuart: i'm not sure that's strictly accurate, steve. you want to go at it, please? [laughter] >> you're being very kind. this is a family channel. [laughter] the officials b, s. especially on the economy. s low income workers had thing biggest race they -- raise they had in years, minors did better than ever before. in terms of the reality, she's way, way off base. medicare, social security, trump has been criticized for not proposing cuts in medicare and social security. he went against his opponents in the republican primaries who

said they needed to make changes. he said, no, leave it alone, the benefitses are sacrosanct. so this is the a lot of b.s. stuart: one day she might give an interview with someone who know what is they're talking about, and we'll find out what's going on. steve forbes, thanks for joining us. coming up, thousands of demonstrators ran through the streets yesterday to support that man maas who had just murdered six hostages, including an american. the president comes back and says israel's netanyahu is not doing enough to free the hostages. his one-word answer essentially supports hamas that. 's my take, top of the hour. meanwhile, in ty today -- new york today classes begin at columbia university. we have the full story, it's coming at you next. ♪ ♪(voya)♪ there are some things that work better together.

like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. so you can feel confident in your financial choices voya, well planned, well invested, well protected.

stuart: students at the university of columbia return to class today. lauren, what's this about -- we've got a new report from the school's antisemitism -- the. lauren: from the school itself. that task force is made up of columbia faculty and students weighed in also. the panel accused the university

of allowing pervasive anti-semitism to first on campus after october the 7. it recommends that the university revamp how they discipline the students is and require additional sensitivity training for students and staff. i'm reading through some of this report. there's one instance in a classroom where a tonight the was jewish -- a student was jewish and had previously served in the idn -- if -- idf, and the teacher reportedly said, well, or you're a murder, to that student. -- murderer. the president of columbia is now gone. three other administrators have been removed, so maybe some hope this september, this semester, that there will be some change. stuart: we shall see. we shall definitely see about that. what have you got to say, david? look, i hate to say it, but antisemiterrific -- anti-semitism is making a return to campuses this fall x it's disgraceful. >> there's only one thick to do.

the -- thing to do. the students have to be expelled that are violating rules, camping out in the middle of campus. i'm glad the three college presidents are gone or or but let's get rid of the 300 toor 3,000 radical students that went over the line. quit coddling these kids. they need to the learn how the world works. stuart: it's not return to america, it's appear in america. >> it's only this demographic and only facilitated on college campuses. whatever happened to safe spaces? stuart: if it was black people being persecuted like this, the it's an entirely different story. thank you, david, for joining us. always a pleasure. check that big board, please. now we're down 30 3000 points. almost three-quarters of 1%. there are some dow winners, a couple of them at least. verizon, visa, ibmp unitedhealth and procter & gamble, they are on the upside but only just. s&p 500, dexcom, super micro computer, back up there. awe the desk, vf corporation.

nasdaq, autodesk, monogo db, gilead sciences, fortnet, they're all winners. still ahead, democrat governor j.b. pritzker warning his party, don't underestimate trump's debate skills. lieutenant colonel james carafano. older workers aren't retiring, and it's creating problems for youngsters. charles payne on that. and kamala harris widening her advantage among women voters. how will trump bring them back? des moinesmy heroin -- tomi lahren has that story for us and next. the 10:00 hour is next. ♪ ♪ with the tailgate down -- ♪

.. (qb) this is it. this is when we find out... (luke) hey, quick question. student body math proficiency... (player) what? (luke) ...would we say it's good? fair...? (player 1 player 2 and qb) get out of here, man. get off the field. (luke) understood. (security) hey, grab him! (luke) excuse me. we get you real, in-depth school info. (vo) ding dong! homes-dot-com. can i have another pancake? from full house... ...to empty nest... ...to free birds. vanguard personal advisor can help you prepare for every chapter. we got this. that's the value of ownership. when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight

something about the job feels different - your wallet. whatever you do, do it for less, at harbor freight. ♪ everybody wants super straight, super white teeth. they want that hollywood white smile. new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it's a great product. it's going to help a lot of patients.

stuart: let's give them something to talk about. new york city on a beautiful