♪ stuart: all right. rock 'n' roll all night. don't look at me that. friday in manhattan empties out. good morning. it is 10:00, friday, september

27. the dow is up 178 points. minor gains, some green over there. the 10 year treasury yield is down a little. you are at 376. the price of oil well below $70 a barrel, 6757. bitcoin around $65,000 a coin, benjamin netanyahu speaking right now at the united nations general assembly. we are told the reception has been polite. he says israel is fighting for its life but winning the war in the middle east was met with huge applause. he says they are winning, they clapper. klapper. he warned iran that if they strike israel the idf will strike back. the other big story, tropical storm helene carving a path of destruction counting millions of people. it is moving north to georgia.

the mayor of atlanta warning people stay off the roads as first responders make water rescues. the city is under flash flood warning. hours after helene hit the status a 4 hurricane. governor ron desantis gave an update. >> currently as of 6 am to 1.24 million accounts without power. and what we do here in florida. stuart: monitoring helene and the cleanup all day long. just received the latest read on consumer sentiment. lauren: up 3%, the number is 70. one for september. the best since april. consumers are fully aware that

inflation has continued to slow. verbiage from the report, this increase was led by a surge in business expectations. that index is 13% above where it was a year ago. greater optimism out there. stuart: the dow is close to 200 points. 24 up for the nasdaq. now this. new developments in new york, america's most dysfunctional city. the new york times demands the immediate resignation of mayor eric adams, he's not going anywhere, he will stay and fight. that means new york will put up with chaotic government for another year. chaotic is the right word to use. the school chancellor. adams is lawyering up.

suppose he does resign, forced out by the governor. he would be replaced by the public advocate. and he was disturbed by antidiscrimination protests. his family's fertility challenges and leaving with tourette's syndrome. what does williams know about running rather than ruining the city? next development, this may be positive. new york appeals court looking at donald trump's civil fraud conviction with a $480 million penalty. this is a case brought by leticia james who claimed trump invaded the value off of businesses to get low interest loans that he repaid in full. at the hearing the justices were very skeptical.

moulton said nobody claimed any harm. he said, quote, the immense penalty is troubling. it is. a half billion dollar fine for bookkeeping. the case was a deliberate attempt to bankrupt and slime joe biden's political opponent. the appeals court has the opportunity to throw out the whole thing and restore a sense of justice to new york. new york grinds on is the most dysfunctional city in the country. tammy bruce is with me. the appeals court can throw this out. i think they should. will they? tammy:considering the comments it looks like they are looking at skeptically at this as everyone else. one of the things is about the victim issue. prosecutors argue the victim's where the victims were the people of new york. look at donald trump, hundreds if not thousands of jobs, his philanthropy saving important

areas, the reputation of new york. the nature of new york itself. that shows the american people that this is political, they are twisting things around making absurd claims in order to prevail. that is not what the legal system is supposed to do and this is why the legitimacy of the legal system is at stake. trump has the money to appeal it to the supreme court but most americans don't and we don't like the example being portrayed here and thank goodness trump is standing through this process so that he can show how rotten it is. stuart: eric adams, the mayor, will be arranged today. what do you make of the charges against him? tammy:we shouldn't have to do this. everyone is looking funny at this because what we've seen, the federal prosecutors do before, an issue of legitimacy. he should stay. he should fight this.

people say the charges are week but we always see the opponents of adams want adams to go. considering mr. williams's issues, calls for adams to retreat a little bit. this is, when people vote for a public community advocate, it would be good for him. i don't think a lot of people realize he would be next in that seat. this is, always dysfunctional. we are seeing it for what it is. stuart: listen to what one cnn panel said about trump and harris's economic policies. >> a similar message which is investing in manufacturing and industrial policy.

bolstering manufacturing and american jobs. what harris is saying, we want to do this through tax credits. the same goal -- >> it is in fact correct to. harris is the republican in the scenario and donald trump is the liberal in terms of the nature of the policies. stuart: where did that come from? >> if she things kamala harris is going to win, it was done. but see, might have been produced in the white house. this is what americans, you are not getting clear in formation. you can make arguments about one idea being better than another but one person has a history of doing great things for the economy. another person has a history of destroying the economy. to not bring up the issue of

history, both these individuals in the white house which is comparable, what they are seeing are numbers that show the american people don't like what the democrats have done, don't like the biden/harris administration, she's donald trump and a republican, it will not work. stuart: it was good, thank you very much indeed. kamala harris has said multiple times that climate change is a, quote, as essential threat. how much, we had this argument frequently. how much has she spent on private jets? before becoming -- lauren: since becoming the nominee at least 3. $8 million on private planes in less than six weeks according to a fox news digital review of filing to the commission. the most energy intense form of travel and convenient which is why a lot of politicians take them but when you are a politician and say it is,

quote, our duty and our obligation to treat the climate crisis as an ex-essential threat, you might want to do as i do, not as i say. blue one i will leave that alone. let's get to the markets. lauren: surely you've been on one. we want to have a big carbon footprint because of it. are we melting up? seems like it. a series of records and we are up again today? >> when you have a melt up you have a catalyst that brings the market higher, we have fed day september 18, '50 basis point cuts. when you have a melt up you have post catalysts dripping higher, not lower or melting down but dripping higher so we get this 0. 4% gain on the major indexes. the thing about the melt up,

you are now getting close to 22 times forward earnings. it is industrials, a lot of sectors, cyclicals joining the rally a little bit, getting to the territory, for equity and security, a little much unless it produces earnings growth. we are getting to the point where there is so much optimism on earnings that people are afraid to miss the rally. we are melting up. stuart: what is your advice for someone not yet in the stock market but has money to get in? >> usually not this absolute but when i get to 22 times earnings, weight and sit in cash. i don't come on here and pick this or that the, there is stuff to pick but if you look at i need some s&p 500, more equity in my life going forward long-term you got to wait because the type of pullback you could get if there's a disappointment in this

environment like economic disappointment, remember why the fed is cutting, you could get 10% to 12% pullback, don't want the first move to go 20%. stuart: wait and see and take a chance later. thanks for joining us, see you on barron's roundtable at 7:30 eastern on fox business. lauren is looking at the movers. i want to know about micro strategy. lauren: it is up 6%. bitcoin is above 60,000 dead if you look at the prediction markets, there's a 60% chance that bitcoin hits new highs this year which we are heading into the fourth quarter so what is happening soon if it happens. stuart: 68,000 was the high or thereabouts. we will take that. bristol-myers. we to the fda approved the groundbreaking schizophrenia drug. there's no black box warning label.

if you take mental medications, the side effects are often intolerable. these suggest the side effects as soon as next month. the momentum is with them, third-quarter delivery expected to be good and the week after that is the robo taxi event, two trading days left, tesla up 29%. blue one skeptical on that but that's compelling of a stock. lead to it is the future, probably the distant future, not in your lifetime. blue one coming up, donald trump things kamala harris should call off a trip to the border. >> you can't justify it. she should save her airfare, go back to the white house and tell the president to close the border. stuart: we will ask congressman pat fallon what he thinks of harris's border visit. a razor thin race in arizona

and georgia, must when battleground states. tropical storm helene battering georgia. one woman trapped in her car during a live report on fox and friends, you've got to watch this. >> she is screaming now, called 911. let me see if i can help this lady. stuart: moments later that reporter was in the water carrying the woman to safety. he's a hero. the latest on the storm and that, right after this. 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

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the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title. stuart: the latest on helene,

bringing massive flooding, catastrophic damage and knocking out power in part of georgia. janice dean, give us the latest. >> reporter: 4 million people without power from georgia to virginia. even though it is just a tropical storm, it is bringing incredible rainfall to areas like georgia, the carolinas and virginia. i will show you my maps, the emergency flooding happening right now. flood emergencies from georgia to the carolinas and into virginia. we also have the threat for tornadoes. don't know that we will see the maps but we have flash flood emergencies throughout the morning, you showed them video of bob van dillon, this is part 2, a beautiful look at outside new york city, there we go. to a third time's the charm but let's go to it. it's a serious situation and we

have flash flood emergencies for all the cities and areas you see shaded in pink. over a dozen cities under flash flood emergencies, the national weather service issued these because they want people to know catastrophic flooding is happening now, and potential for severe weather, tornado warrant storms but there's the track of helene, category 4 as it made landfall yesterday, last evening, as 140 mile-per-hour sustained winds but this is the dyer situation across the appalachians. people are urged to listen to your local officials. i'm concerned because we were so worried about the hurricane and now we have this incredible flooding situation that will last 24 to 36 hours. the area of low pressure will stall out over kentucky and tennessee this weekend. the main threat through the next couple days is going to be

the potential for catastrophic flooding and severe weather. stuart: russell fry from south carolina joins me now. there are a million people in your state, south carolina who are without power and it's not done with you, yet. >> i woke up to a tornado warning, and sought shelter. we are not in georgia, the entire state is under a tropical storm morning. we are seeing about flooding and high winds. 40 to 50 mile an hour winds on the coast, 80 mile an hour winds on the interior, the columbia metropolitan airport clock 60 mile an hour winds. you are seeing the rain and flooding and we've been getting drenched for a couple days at this point, more to come. stuart: i would imagine the

path of the storm, homeowner insurance rates are probably going to go up. better negative. >> with south carolina, florida, georgia you are seeing those rates go up. we will see what the claims look like but right now you are seeing 1.3 million south carolinians without power, flash flooding and the water begins to filter into the rivers. stuart: you are in the middle of rescue efforts? >> for sure, the governor declared a state of emergency, asset in place to return power. we are not out here right now. there are places across the state that are so as they continue to restore power and get things back to normal we are not out of the woods yet. stuart: any idea how long it will affect you before it moves out?

>> we should see light at the end of the tunnel this afternoon as it moves out. this morning seemed worse in south carolina but we will be dealing with this from a wind perspective for much of the day, from a flooding perspective for the next few days. stuart: if it hits us here in the northeast, we shall see. thanks for being with us. our thoughts are with the people in your state. you can join recovery efforts. red cross.org/foxforward. we will scan the qr code to support these efforts. the green is with us. dow up 300 points. a couple stocks, producing 300 point gain, 3 quarters of one%. s&p up a quarter of one%. we told you earlier this week about nancy pelosi paul selling

visa reports before the justice department launched a lawsuit against visa. what has donald trump said? >> visa is number one. what donald trump is saying is she could be prosecuted. >> nancy pelosi has a little problem because her husband sold visa stock, one day before visa was announced that visa is being sued by the department of justice. think of that. nancy pelosi sold vast amounts of visa stock one day before the lawsuit we are read about a few days ago, was brought against visa. you think it was luck? i don't think. nancy pelosi should be prosecuted for the -- lauren: paul pelosi sold some of his holdings, 2000 shares but also sold tesla and that

was on july 1st. the department of justice antitrust suit against visa came this week. it might look shaky but it is hard to prove who had what inside knowledge and when they had it especially when selling and buying other stocks at the same time. and it is legal. stuart: he sold visa stock months before the department of justice went after visa and there's nothing illegal about what he did, period. it is not illegal. he can do it legally. kamala harris is headed to the border. she's going to arizona today. she wants to change the narrative on migration policies. jackie heinrich has the report after this.

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(husband) we just want to have enough money for retirement. (wife) and travel to visit our grandchildren. (fisher investments) i understand. that's why at fisher investments we start by getting to know each other. so i can learn about your family, lifestyle, goals and needs, allowing us to tailor your portfolio. (wife) what about commission-based products? (fisher investments) we don't sell those. we're a fiduciary, obligated to act in your best interest. (husband) so how do your management fees work? (fisher investments) we have a transparent fee, structured so we do better when you do better. at fisher investments, we're clearly different. stuart: the dow is up 340 points and the nasdaq with a couple stocks that are really moving. i'm going to start with a win. another good day. >> they scored upgrade, price

target 104. they are citing international operations as the region, they say it's a great growth opportunity, it is up 20% this week. stuart: not bad i would say. nvidia. >> napping afford a wintry, stocks down 2%, there are concerns about the blackwell chip delay persisting. it is slated to start shipping in december. stuart: that we have costco. they are down. >> consumer turning cautious, gasoline sales lower, stock down 1.5% but at least 8 brokerages raising the price target despite vermis. fema went to 980. stuart: that's a hike in the price target. kamala harris, for the first time in three years heading to arizona where a new fox poll shows trump in the lead. how big a lead are we talking about?

>> reporter: trump is up by two points but he's ahead of harris by 15. we can tell you, we hear something like this. >> we negotiated a border bill, toughest that has ever been negotiated and the only reason that bill failed his donald trump wanted to use that as a political wedge. >> reporter: we hear about this because the vp has made it her entire immigration pitch seeing an advantage in highlighting trump's role in failed legislation. he doesn't discuss the border policies that allowed 8. 3 million encounters, that is up 240 one% from the trump years. her opponent is not letting her forget about that.

>> talking about how she wants to fix the border, why didn't she do it four years ago? >> harris's team doesn't answer specific question, the biden/harris administration, haven't talked about that. no answer on the 29 pledge to use executive actions, as children. or whether they build more border wall which she uses in her ads. >> it is interesting she's going to douglas, arizona that there's a great photo of where the wall stops. and all these illegal migrants, in front of that pace, they stopped construction of the border wall.

>> border patrol union telling fox this is nothing more than a check of the box because for years, helped create it but we would love to bring you anything from the campaign, we've not heard from them today. stuart: thank you very much. lisa booth with me friday morning. let's go to the situation, the state of play in the election, extremely close and tight at this stage. how do these candidates break out? how does trump breakout to the upside? >> i would rather be team trump of than team harris, looking at party id, and 1992, quinnipiac giving donald trump the edge in

the national popular vote but democrats of won the national popular vote seven of 8 of the past straight presidential elections so if donald trump is winning the national parties vote than the electoral college would likely follow because republicans do better in the electoral college than the national party vote. donald trump's numbers, who doesn't know donald trump? who doesn't know everything there is to know about donald trump? he faced all the negative, onslaught of the media continuously, her numbers, if i am donald trump i'm feeling good and she is failing to bring together the coalition democrats had in the past, not doing as well as past democrats, young voters, hispanics and blacks which i would rather be donald trump heading into november than kamala harris. stuart: i am sure you've seen this. a new quinnipiac poll shows donald trump gaining ground among women voters, down, but

how did he gain any ground with women? >> look back to past election cycles? down by 12%, lost women by 15% against hillary clinton and went on to win in 2016 as well and i think there's room to gain with women. he has an opportunity to win more married women over and women who have money invested in this economy whether they own a home or a 401(k) as well where you look at economic policies and those policies are slammed by her own people. we remember when roe c khana slammed her. there's a chance to pick up those votes with women voters. stuart: a close race at this moment. the who breaks out. thanks for joining us. have a great weekend. it it is not too late to send

in your friday feedback, sending your critiques, varneyviewers@fox.com. mayor eric adams in manhattan, surrendered himself to the feds before his court appearance on bribery and fraud charges. we have a reporter outside the courthouse joining us next. (♪) is bad debt holding you back? ♪ the only limit is the sky ♪ ♪ it's our time ♪ ♪ you don't want to miss it (just a little bit louder) ♪ ♪ it's our time ♪ ♪ you don't want to miss it ♪ ♪ it's your moment in the spotlight ♪

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stuart: look at the dow jones average of 350 points. unitedhealth, home depot, and these are three dow stock, all up sharply, adding one hundred 40 points on the dow industrials. new york city mayor eric adams is at the manhattan federal courthouse, going to be arranged on bribery and fraud charges.

the mayor have to surrender himself to the feds? >> reporter: adams's attorney suggested they arranged for the surrender to happen late in the week and we know it is happening today. new york city mayor eric adams is helping new yorkers to listen to his defense before they rush to make any adjustments on this case which has them in court this morning for this arraignment on federal criminal charges which include soliciting illegal foreign campaign donations, bribery, and fraud. the mayor kept quiet but his attorney had lots to say after prosecutors laid out their indictment but they accuse adams of corruption dating back to when he was a top elected official in brooklyn, new york. they say adams accepted bribes from wealthy foreign businesspeople and one turkish government official. damien williams showing these photos saying adams/out and accepted free meals at high end

restaurants. excuse me, stays at luxury hotel rooms and free or discounted turkish airline flights. the gift exceeded $100,000 according to prosecutors who say adams accepted illegal campaign donations and returned the favor by pressuring fired abutment officials to sign off on the opening of the turkish consulate building in manhattan despite safety concerns. adams's attorney says there was nothing illegal and investigators are trying to mislead the public. >> we watched their press conference, you could almost picture them trying to cobble this together. they say corruption at this press conference. and they do that to tarnish him. >> reporter: we are monitoring for his arraignment slated for noon today. back to you. stuart: thanks, got it. lauren is back with us.

how are politicians reacting to the adams indictment? lauren: the governor, kathy hochul, had the power to remove him, said she carefully reviewed the indictment and it is up to eric adams to show new york city he could lead, not calling for him to step down. she's got to work with those who keep getting in trouble, that's the bottom line. chuck schumer, the charges are serious, a legal process shouldst play out speedily and thoroughly so aoc says resign and her colleagues say not so fast. stuart: let's check the market. it is friday morning, i will call it favorable inflation news, the pce, personal consumption index. lauren: it doesn't take shelter

into account so it is more favorable than the cpi. blue one help an old man out by finishing his sentences. the dow is up 317 points. the biggest winners of the dow 30, visa up 2%, amgen is up, home depot is up, those are the winners on the dow 30. walgreens, boots alliance, 6% up there. we will figure out what's going on. wind resource in the united arab emirates is a huge winner so investors think the stock is up again. 20%. lauren: the stimulus, the china stock as is las vegas. stuart: let's move to the nasdaq composite, up 6%, chinese stock. lululemon, charter communications and csx. the yield on the 10 year

treasury is going down a little. 377, gold has had a wonderful run, gold is up $260 an ounce, down $13, a good run before this. bitcoin has moved up to 66,000, the price of oil well below $70, $67.92. the price of a gallon of regular gasoline is 322, no change over night. today, kamala harris will make the first visit to the border in 3.5 years, this is nothing more than a photo up. she can't hide the truth about the open border. seattle no longer sending officers to alarm calls where they support active evidence of crime. what would that be? seattle guy jason rantz will expand what it means. jason is next.

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stuart: check big tech, alphabet up to dollars, apple up a buck but microsoft loan down $0.30, down $1.26. benjamin netanyahu wrapped up his speech at the united nations. he had a stern warning for iran. if you strike us, we strike you. jason, we are told the reception in the united nations was polite, but what about outside the building? >> emitted point during the speech from the un itself pretty despicable to find a lot of it happening, not just immediately outside but across the country and around the world.

and actual exit stencil threat. so much propaganda out there that continues to grow, making it very difficult. stuart: to combat anti-semitism has released disturbing data about the rise of anti-semitism. a number of jewish allies declined since june of last year. why is there a declining support for jewish people? >> before you see the impact of it, every single day, it is unchallenged by left-wing media. the absolute nonsense, you are having a lot of this pushed by

celebrities, in seattle, a local high school having an anti-israel walk out of school, october 7th. no reasonable person would do that if you are taught to hate jews in israel and that unfortunately is the other war that is waging. we need to push back harder. stuart: this is a high school in your area where they are celebrate in october 7th? >> couldn't believe it either. there are flyers going around outside seattle, the morning of october 7th, to protest 365 days of genocide to attack israel. this is a school in which students are told by other students that hamas are freedom fighters. stuart: i better move on before my head explodes.

they dispatch officers to alarm calls, that a crime is actually being committed. straighten this out for me. and alarm goes off in your house, it was an intruder and police used to go automatically to your house to respond. now they don't. >> talking about businesses and what they said is don't have the police staff, they see an increase in calls that are errors. and talking to those companies, they said that policy warning with two weeks notice which means for any customer, no guarantee that someone will come by you have to provide supporting evidence, artie reporting or hurricane

recording or panic button. a lot of people saying they don't have that installed yet and for folks who want to have it installed it is pricey especially for businesses, potentially tens of thousands in additional costs, we want to get that done over the next few weeks. is starting october 1st. is a policy give to the criminals here where the seattle police department is. they didn't consult with the alarm companies that are working to connect the customer with the break in and it seems that would be a smarter move from the beginning. stuart: new york city, seattle as well, that's my open indian. thank you. check the big board, nice again, 320 points up, unitedhealth, home depot, visa,

three dow stocks, all of them up nicely and that contributes 140 points to the dow industrials. topped by chevron, visa, home depot, dow inc. the s&p 500 winners, that list is up 5. 5%. lululemon, las vegas, son microcomputer. nasdaq winners, walgreen, lululemon, charter communications and csx. steve hilton on governor newsom vetoing a bill that pass onerous spending. ron johnson will react to benjamin netanyahu's speech and leo terrell on kamala harris running as the law and order candidate. pat fallon will give his thoughts on the harris border trip today. the 11:00 hour is next.

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>> you have technology company, you have the big industrials that say, okay, rates are not going up. rates are going to go down slowly. >> for kamala harris, if she remains a mystery box where you have to fill in the gaps because you're not sure, well, then i think you're going to the either see her base deteriorate among independents -- >> in this failure of a president had let zelenskyy have the f-16s, the abrams tanks early on, this would not have lasted over 9000 days now. >> they're still being released into the country through direct flights or through the use of the app which is a complete fraud. >> this is political, that they're twisting things around, making absurd is claims in order to prevail. that's' not what the legal system is supposed to do. ♪ ♪ i can't get no satisfaction ♪ if. stuart: all right, i can't get no sphafntle that was always a one of my favorite rolling stones songs throughout my lon