week's pay and the following week's pay, if you ever really looked at those people, i think they'd say mr. president, keep going. this is far more important. i want to thank you all. they'll be very working very hard over the weekend. thank you very much. >> and there you have it. the president wrapping up an extensive news conference in the rose garden. this follows the meeting he held with top democrats and republicans meeting with president trump again with no end in sight for the partial government shut down which has dragged on now for two weeks. good afternoon. i'm trace gallagher in for shepard smith. the president saying today's meeting was productive. democrats called it contentious. democrats are urging president trump to reopen the government while they hash out their disagreements on money for the president's border wall so hundreds of thousands of federal workers can get paid. >> we made a plea to the president once again, don't hold

millions of americans hundreds of thousands of workers hostage, open up the government and let's continue the discussions. so we told the president we needed the government open. he resisted. in fact, he said he would keep the government closed for a very long period of time, months or even years. >> the president later confirmed he did say the shut down could go on for years. but he said he doesn't think it will. he's not backing down his demand for billions of dollars for his border wall. >> are you still proud to own this shut down? >> well, you know, i appreciate the way you say that. once -- i'm very proud of doing what i'm doing. i don't call it a shut down. i call it doing what you have to do for the benefit and for the safety of our country. >> democrats now control the house and they passed a spending plan last night that would end the partial shut down. but does not include any money

for a wall. that's pivotal. mitch mcconnell has made it clear the senate will not take up any house spending bills unless they have president trump's approval. some gop lawmakers are breaking ranks and say they would support reopening the government. let's go to kevin corke reporting live. kevin? >> what a very eventful afternoon here at the rose garden. the president speaking at length about the shut down and the border security circumstance that obviously the negotiations are ongoing with democrats. he spent a great deal of time and political capitol talking about the productivity of the meeting. you may have heard earlier, nancy pelosi suggesting that it was a contentious meeting. she wouldn't even characterize the progress that may or may not have been in the meeting. if you listen to the president, you got the feeling that things went better than he expected. listen here. >> i thought it was really is a very, very good meeting.

we're all on the same path in terms of wanting to get government open. we're going to be meeting, i have designated a group and we're going to be meeting over the weekend to determine what we're going to do about the border. >> now, one of the other big questions, trace, had to do with the length of this possible shut down. i think if you talked to government employees, those impacted by this shut down, to say nothing of lawmakers on capitol hill, the real concern here in washington is it seems like this could go on for quite some time. in fact, nancy pelosi suggested in the meeting in the situation room that the president himself suggested this could go on for months, maybe even a year. that again underscoring the distance between the two camps. here's what the president had to say about that this afternoon here in the rose garden and see if you can sense the modulation on that. >> absolutely i said that.

i don't think it will. i'm prepared and i think -- i can speak for republicans in the house and republicans in the senate. they feel very strongly about having a safe country, having a border that makes sense. without borders, we don't have a country. i hope it doesn't go on even beyond a few more days. really could open very quickly. >> could open very quickly. now, when we heard that, trace, immediately a lot of people felt like that may be the headline here. he talked about a weekend working group. three people on his staff, maybe more, others working from the democratic side of the aisle. hoping they will come here again this weekend and continue the conversation. listen to what the speaker said at the stakeout after the meeting about the necessity to get this government operating a again if we're ever going to have this impass come to an end. >> we recognize on the democratic side that we really

cannot resolve this until we open up government. we made that very clear to the president. >> so that is the ultimate line in the sand. the president saying we're willing to work. you heard the vice president say as much. the speaker says until we have a deal to fund the government and get those right now impacted, trace, they're not willing to move a needle on this. we'll see which side bulges or if they can come to an agreement over the weekend, trace. >> was fascinated with the president mentioning that he might declare a state of emergency at the border. >> yeah. very interesting. that question from terry moran. he was asking if the president felt like he had the power to do that. if you look carefully at what the power is, yes, he could certainly declare that. in fact, he's discussed this idea, maybe getting the military involved, dhs, moving money from different pots here in washington to achieve his ends.

he says he has that on the table. it's an arrow in his quiver, but it's not one he wants to use, at least not yet, trace. >> kevin corke live at the white house. let's bring in chris wallace, the anchor of "fox news sunday." i'm not sure where to begin, chris. a lot of ground to cover here. you have trump calling this meeting productive. you have the democrats calling it contentious. there does appear to be a little bit of agreement on at least pushing forward with trying to get the government open. the president said it could be very soon. they'll have the meeting this weekend. what do you make of this dynamic right now between the democrats and the republicans? >> look, we're all sitting here trying to read the tea leaves. i have tremendous president for kevin corke. just listening to the news conference, i didn't read the tea leaves the way he did. struck me that we're nowhere near a solution. that you had the meeting today and one of the reasons that both sides want to have staff, nobody

wants to be blamed for this shut down. so if one side says let's continue to meet, the other side is never going to say no. but when it comes to the basics, you have speaker pelosi, she's now saying not only a wall is a waste of money, she calling it immoral. the president is saying no end to the shut down unless we have the money for the wall. he's backing off what mike pence and others were talking about, split the difference. $2.5 billion. he's talking about $5.6 billion. nancy pelosi seemed to be saying, because remember the house democrats passed two bills, one that would fund all of the agencies except for homeland security until the end of the fiscal year and then another just on homeland security that could kick that down for another month. she seemed to be saying, we're not going to even deal with the wall until we fund the rest of the government. the president saying, no, we

have to deal with it all at once. i think not only are they fighting about the wall, they're fighting now about whether to reopen most of the agencies that are closed. yeah, staffers will meet over the weekend, but i don't think anything will get accomplished. i go back to the president -- think of what happens in a meeting where the president says, i'm prepared to close the government for months or even a year. that doesn't sound like a good meeting. >> it's interesting though, even though nancy pelosi says look, no money for the wall and the president is sticking to his $5.6 billion number. when he talked about meeting over the weekend, the president appeared to tip his hand a little bit. i want to play the sound bite and get your response. watch this. >> if it is, talks will begin on larger immigration matters having to do with daca, having to do with other things. so that is taking place. we may add a few things on to our discussions over the

weekend. >> having to do with daca, having to do with other things. he's talking about the dreamers there. that seems to be one of these things that the president is talking about. could be a grand bargaining. i will deal with you when it comes the dreamers and let them stay for a certain amount of time. maybe nancy pelosi and the democrats say this could be a good bargaining chip. >> the president talked about that in the context of the supreme court overturning the stay of the judge by the ninth circuit. once that happens and his proposal to end protection for daca as it was set up by president obama, then he's talking about bringing daca in to the mix. nancy pelosi and one of the reasons that the president says that that judge is ruling is really interfered with us, back last year before the judge's ruling, the democrats came to the president and said how about daca in exchange for full funding for the wall?

$25 billion. the president pointed out, well, once that judge said end the daca protections at least temporarily until it's adjudicated through the supreme court, that ended any interest in the democrats because they already have what they want, which is that the dreamers are protected. so i don't think that will happen any time soon either. the president seemed to indicated he's going to wait to see what the supreme court does. he thinks before you can get real negotiations over that. >> at the news conference, the president was asked where was mitch mcconnell. he said look, mitch mcconnell is a very busy guy. but here's a pivotal guy in this whole shut down thing. historically you go back, mitch mcconnell was always the guy to get the government up and running again. this time he says here's the deal. i'm not getting in the way of the president and the democrats. mitch mcconnell said this is nonstarter is not going anywhere until they come with money for the wall. >> here's the problem for mitch

mcconnell. if you remember, just before the shutdown started, mitch mcconnell and the republicans and the senate got what they thought was a go-ahead from the white house that you put through a continuing resolution to fund all of the government until february and the president will sign it and so the house overwhelmingly passed it. i think they got 80 something votes. republicans and democrats went along with that. then the president got hammered by right-wing talk radio, by the house freedom caucus. he switched his mind and said, no, i won't go for that. i'm going to insist on the $5.6. i won't see the continuing resolution. and mcconnell and the senate republicans felt burned by that. is a they basically said and if you listen to what mcconnell says, he's very precise in his language, he said i'm not going to put anything to the floor for a vote unless i know it has the

support of house democrats and the president will sign it. so he's not going to be in another situation where he goes out and sticks his neck out next to the members, his republican members out until he knows that the president is on the record and publicly that he will sign whatever the deal is. he's -- but you're right, trace. look when we have shut downs in the obama administration. it was joe biden, a veteran of the senate and mitch mcconnell who could work together to try to make the deal and bring everybody else on board. you don't have that anymore. mitch mcconnell has said i'm out of this fight. there doesn't seem to be anybody in the white house right now that has democrats trust, maybe senate republicans trust to speak for the president. they're going to want to hear the president on the record say i will accept this before they go with it. >> what do you make of some break in the ranks with a couple of gop senators saying let's

fund the government and then talk about the border funding later? >> well, it's interesting. you're talking about cory gardner from colorado and susan collins from maine. they're more moderate and both up for re-election in 2020. in maine and colorado, purple states, there's not a lot of support for the shutdown. it's a small break and the vast majority are standing firm. it's not enough, democrats plus the two republicans to pass this thing. you need 60 votes for republicans to pass. you also need 60 votes nor democrats to pass something. they're nowhere near it yet. so it's a crack in the ranks. i'm not sure i'd call it a break in the ranks yet. >> fair enough. happy new year. >> thank you. >> chris will have the latest on the shut down showdown on "fox news sunday." he will talk with sarah sanders

an rhode island congressman david cicillini. that's this sunday on your local fox station. check the tv listings. ahead, a new lawmakers comments about impeaching the president sparks strongs remarks. team fox coverage continues next. >> breaking news right now. look at the dow. 733 points. talk about the exact opposite from yesterday. the corner of wall and broad, it has been brutal as of late. today some good news down there. we'll find out what is causing it. did we just forget about apple's problems? all of a sudden today it's about jobs. the job numbers came out. they were exceptional and the dow is responding in a big way. what does the future bring? much more on that and the

showdown shutdown coming up as "shepard smith reporting" continues. not having a good breakfast can make you feel like your day never started. get going with carnation breakfast essentials®. it has protein, plus 21 vitamins and minerals including calcium and vitamin d, to help your family be their best. carnation breakfast essentials®.

>> trace: continuing coverage of breaking news. president trump sounding off a short time ago after a democratic congress woman used an expletive while she called for the president's impeachment. >> when your son loves you and you say bullies don't win.

we're going to teach [bleep]. [cheers & applause] >> that was rasheeda talib from michigan. she's one of the first two muslim women to serve in congress. gillian turner reporting live from washington. jillian? >> good afternoon, trace. president trump is not pulling any punches on the new congresswoman telling fox news what he thinks about her expletives last night at that rally. >> her comments were disgraceful. this is a person that i don't know. i assume she's new. i think she dishonored herself and i think she dishonored her family. using language like that in front of her son. >> that was the president responding to fox news' kevin corke. talib isn't apologizing for her use of profanity. instead, she's doubling down on her comment of the president's platform of choice. she said now is the time to

begin impeachment proceedings against trump. she said i will always speak truth to power. talib made her stance on impeachment well known last year and didn't mince words when it came to president trump either. >> trace: what is the reaction from congress? >> a short while ago, fox news asked the new speaker of the house whether she plans to discuss talib's language with her directly. she diverted attention back to president trump. lots of democrats are putting distance between themselves and talib. >> there's a fever among some that we need to impeach the president. the night of my re-election, i said i'm not going back to watching on the for impeachment and improvement. >> we'll have to wait for further developments from mueller and other investigations

that are underway. >> for republicans, their leader wasted no time setting the tone for his colleagues. >> i think these comments, are the house majority serious about anything? i got up on the dias and provided the gavel and then we see this language going forward? >> democratic leaders for months have carefully toed the line when it comes to the i word leaving the option open avoiding advocating for it openly. now speaker pelosi may be forced to take a stand sooner than shed like. trace? >> gillian turner live. more ahead from the president's lengthy news conference. how house democrats are taking another shot at getting the president's tax returns. that's next. liberty mutual customizes your car insurance so you only pay for what you need. great news for anyone wh- uh uh - i'm the one who

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is it an effort to mark their territory in the early going? >> absolutely. you can see that in the bills number. it's hr 1. the majority gets the first ten bills in the congress. the idea that they have designated this as number 1 tells you about their priorities. the second thing i point out is the democrats are taking a two-tiered approach here. it's about government transparency. it calls for presidential candidates to release their tax returns over the past ten years. presidential candidates on both parties and the sitting president. the other tax is the house ways and means committee. they will try through scene and other options they have to get the president's tax returns. they tonight think they'll be successful but they can ask. these are the two efforts that they try to put pressure on the president. if nothing else, bring it back to the public's attention in 2020, trace. >> you go forward and talk about impeachment. you heard in the last segment. the democrats are wasting little time trying to get the impeachment ball rolling a bit.

>> yeah. i said the transparency bill, hr 1, and impeachment bill would be 10,000. she doesn't want to grapple with this. this is the wrestling match right now with house democrats. how far does that push on this? brad sherman, a democratic congressman from california introduced articles of impeachment. keep in mind how nancy pelosi has dealt with this issue before. when she became speaker in 2007, there was a lot of people on the left that said they wanted to go after president bush. they wanted to impeach him, get out of iraq. they didn't like how they conducted things, they had investigations about halliburton and dick cheney. she put out those fires. before she took the speaker's gavel said that impeachment was off the table. he's not said that. today in the president's remarks, he said that pelosi said we're not going to go after you for impeachment. this is the wrestling match that

nancy pelosi has to deal with right now. the question is, is this group that she's dealing with in 2018, 2019, is it different than the group she dealt with in 2007? heretofore, this takes away the narrative when they have the comments from rasheeda talib, the freshman democrat from michigan. >> trace: i want to take you forward, if i can. we're talking about a working weekend. the president talking about getting the government back up and running here. is there an appetite on the democrats to maybe strike some middle ground or at least for the time being, do they stand where they are? >> not yet. that's the sense i've gotten from both sides, democrats and republicans. the good news is that people are genuinely talking. the question is why did it take almost two weeks to have these high level talks? there was some initial offers made by the white house on the first saturday before christmas with the senate. but beyond that, that really hasn't gone too far. i'm going back to something that

chuck schumer -- something that mitch mcconnell, the senate majority leader said. they passed these bills in the house of representatives, two separate bills to keep the government open. mitch mcconnell said this is a time-wasting act of political posturing. a resolution has to be palatable. he described it as political theater. house republicans in the minority criticized the new house speaker, nancy pelosi, for sending congress home. republicans weren't here when they had the gavel when the government shut down started. you might remember that house republicans passed their own bill to fund the government and have the border wall. that was their version of putting out the fire. democrats did they version of that last night and it's been dismissed. people wonder if this is a case of hypocrisy talking out of both sides of their mouths. >> trace: and it's on. thanks, chad. >> thank you for having me. >> trace: another wild day of

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>> trace: very strong job numbers out today. the labor department reports the u.s. added more than 300,000 new jobs in december. more than predicted. the unemployment rate rising slightly to 3.9%. economists say that happened for a good reason. more people started looking for work. the dow reacted to this and other news. it's up today after taking a huge plunge yesterday. 721 so far. let's bring in jeff mason, why house correspondent for reuters. nobody can figure this stuff out because it goes up 721 today. down 600 yesterday. apparently apple's bad news for china is all forgotten. it just seems like it's very

emotional on wall street these days. >> absolutely is. a lot of people on wall street are watching what is happening in this building behind me and what president trump is saying about the trade war with china, the government shut down to virtually everything else. there's a lot of volatility. good news on the economy. both on the jobs figures that you just referenced as well as the comments coming from the chairman of the federal reserve. >> it's amazing, jeff. the president doesn't seem concerned about apple's problems in china. i want to play your back and forth with the president about 15 minutes ago. play this. >> i think we're doing very well. china is paying us tremendous tariffs. wire getting billions and billions of dollars pouring into the treasury of the united states, which we've never gotten from china. it's been very unfair. i had a fantastic meeting with

president xi who i like and respect. >> is that the answer you were looking for when you asked about the progress with china? >> i was asking about the progress with china number 1. that is something that he referenced. we also know that the u.s. is sending a a delegation to china next week for further trade talks. i wasn't necessarily expecting him to talk about the talks he already had with president xi. it was something that he wanted to address. he's proud of that relationship that he's developed with president xi. he made a point of saying he thinks china needs a deal more than the united states does. because things aren't going very well in china economically. he didn't really show a lot of concern. that wasn't played in the clip just now. he didn't show concern about what apple said. the reason that apple's stock went down is because it issued a revenue warning partially because demand was light in china. so the president didn't comment on that very directly. he did go on a little bit more

on apple. in general, he's pleased with a rosier picture that he sees in the u.s. >> trace: he said to tim cook, the ceo of apple, get out of chin and make your phones here in the united states. that was the progress he went on china. the federal chair, jerome powell said he will not resign even if the president asked him too. what do you make of that? >> that question comes -- came as this panel that the federal reserve chair was speaking at today. because. trump has put so much pressure on him. he's been very critical of mr. powell by twitter, he's been very critical in interviews with reuters. that puts pressure on the independent central bank. when he asked about that today, he said no. that's a pretty quick and direct rebuke to the president. although people here have disputed whether or not president trump thinks he could fire jerome powell, the treasury

secretary. he said that's not something that president trump believes he could do. >> trace: it is up for debate. jeff mason, good to see you. thank you. >> you too. >> trace: and updating fox's top story. the show down over the partial government shutdown. lawmakers meeting with president trump began as the shut down hits the two week mark. kristina partsinevelos live on capitol hill. >> lawmakers are working very hard to evercome this shut down impass. if anything, a lot of gop members are struggling to focus on what the president wants funding the wall and to address the problems with the growing consequences of this government shut down on the economy. here at capitol hill, you had one lawmakers that would be representative garamendi said dems do want border security. listen in. >> the democrats have repeatedly over the last several years up

to this moment voted for border security. we want border security. we're not about to vote for a blank $5 billion check to the president so that he can carry out his campaign promise. >> so he just said that he wants border security. however, you had republican representative kevin brady from texas saying that border security means a wall. listen. >> i know the democrats are calling it a wall, but i don't care if they call it a gender neutral palisade or what, but we need more resources for border security. >> border security is a major issue. you had five voted that with the democrats on one bill and seven that voted on another bill. the pressure of the american economy is looking. congress is adjourned until

tuesday. that means the shut down could last up to 18 days, which would make at this time second longest in history. hopefully that won't be the case for all of the americans without pay right now here in the united states. back to you. >> we shall find out. kristina partsinevelos live on capitol hill. thank you. let's bring in our panel. amy tarkanian is a former nevada state gop share. doug schroen, a fox news contributor. the president said we can build a steel wall, a see-through wall but i need the $5.6 billion. they go into the weekend, amy, and a lot of people are thinking there's got to be some wiggle room. where do you think it lies for the president? >> i thought it was brilliant when the president brought in the heads of the border security. they brought in the officers to come in during a press

conference and actually plead to the house members and plead to the american public the need for the wall. now, they also said they didn't need a wall from sea to sea as the way that he put it but they need it in areas that we currently don't have it in. so it's really disheartening when you hear the democrats acted like hypocrites and not listen to these experts. you have at least roughly three decades of senator schumer, saying verbatim what the president is asking for now. now he's changed his tune. i don't see why they're doing that. i don't believe they want border security. >> what do you think, doug? nancy pelosi says there's no money for a wall and you have people like the vice president saying no wall, no deal. they pass these bills saying, okay, we're going to open the government but no money for a wall. they know the bills are going nowhere. what is tend game for nancy

pelosi? >> sure. they see the same defections five or seven republican congressman voting with the democrats, two gop senators showing some reluctance to report the president's position. their bet is that the 800,000 or so federal employees that are not getting paychecks will put pressure on the president to open the government and continue the talks about the wall later on. but it was clear to me listening to the president today he's not folding any time soon. so i think we're at a real impasse, trace. >> trace: so what he's says, amy, the democrats see some chinks in the armor. a couple of gop senators saying let's pass the bill. let's get the government back open and talk about the border wall. look, we're getting a few. if we stand our ground, we'll get a for more, right? >> absolutely.

it's a shame that these so-called senators don't have a backbone. i think they should stand firm with the president's request. senator rand paul was on tv earlier today actually saying look, if you don't want the 5.6, why not let's come to an even or actually come to the middle of the road at 2.5, 2.6, whatever it may be. for them to say we're not even going to give one cent more is problematic. when they've put forward one of their first spending bills with roughly $12 billion and $700 million was more than actually requested to go towards overseas abortions. i think $2 billion was more than requested to go towards the epa? give me a break. they can find the money. >> give her a break. doug, i'm going to give you the last word on this. >> i think we can and should open the government. i think there's an argument for

doing border security. a strong argument. i reject the positions that democrats are not interested in border security. they are. there's a compromise to be had and the so-called senators are real senators. i think most people want to have border security probably build a wall and have a pathway to citizenship for the daca residents. >> i agree with that. >> somewhere there's a compromise that we should do and we really need to get the government open, pay federal workers, get a compromise and enhance border security. we'll all be better off with a compromise. >> trace: great stuff. have to go. thanks, doug and amy. >> thank you. >> trace: meantime death by drone. new word u.s. forces have taken out a man linked to the bombing of the u.s.s. cole more than 18 years ago. ahead, what we're now learning about the strike.

>> trace: another fox urgent on this very busy news day. american officials say they're assessing whether a u.s. military strike earlier this week killed an al-quaida operative involved in the deadly attack on the u.s.s. cole back in 2000. suicide bombers attacked the navy ship killing 17 sailors.

jennifer griffin reporting live at the pentagon. jennifer? >> trace, the u.s. military says the drone strike was launched new year's day targeting a man that helped bomb the u.s.s. cole nearly two decades ago. u.s. central command responsible for air strikes against al-quaida in yemen issued the following statement. we're aware of reports that jamal was killed in a strike in yemen. the u.s. air force conducted a precision strike in yemen targeting jamal, a legacy al-quaida operative involved in the u.s.s. cole bombing. 17 american sailors were killed. 39 wounded. u.s. forces are still assessing the results of that strike following a deliberate process. jamal was indicted by a federal

grand jury in 2003 charged with 50 counts of various terrorism offenses including murder of u.s. military personnel. he's wanted for the -- by the u.s. for his role in the october 12th 2000 terrorist attack against the cole and is also charged with attempting with co-conspirators to attack a u.s. navy vessel in january 2000. a senior u.s. official says that he was struck while driving alone in a vehicle in yemen. he was born in yemen and had been on the run for two decades having escaped prison twice in yemen. he was on the most wanted terrorist list. the cole was attacked by suicide bombers in the port of yemen. the state department had previously offered a reward up to $5 million for any information leading to his arrest, trace. >> jennifer griffin live for us. thank you. we're learning more about the american accused of being a spy

in russia. new details about his citizenship and what he reportedly had in his possession when agents arrested him. that's coming up. you always pay your insurance on time. tap one little bumper and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today.

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>> trace: the american facing espionage charges in russia and what the kremlin says is ed the former marine is in fact a spy. benjamin hall reporting live with the latest. benjamin? >> hi, trace. at the moment this seems to be a case of russia's word against whalen and his family. the russian media said he was caught red-handed in an act of espionage. but whalen's family insists he was there for a wedding. his lawyer has been seeking bail for him and russian courts have to rule on that by the 24th. russian media claiming that he was arrested in his hotel room after receiving a flash drive that had a list of employees from a secret russian department that they said he cultivated his contact by a social media

contact ohio a decade. whalen's family said he loved traveling and russia. but a lot is not known about whalen. it's emerged that he's a british citizen. >> individuals should not be used as pawns of diplomatic leverage. we need to see what the charges are, understand if there's a case or not. whalen faces 20 years in jail if he's found guilty. his lawyer says he's in high spirits. back to you. >> trace: thanks, benjamin. let's bring in dan hoffman, a former cia chief of station and spent five years in moscow. dan, good to see you. they say yeah, he was caught red-handed with this flash drive and it had russians that had access to classified documents.

the russians have a long history of fabricating evidence. any chance that paul whalen gets a fair shake in this deal? >> well, no, he has not received a fair shake thus far and shouldn't come as a surprise that kbg operatives and vladimir putin would run this setup operation to suit his own name. there's no suspense here. whalen's own lawyer that would not have been appointed without fsb, russia's security police approval, he thinks there should be a trade. whalen for one of the russians being held in the united states, most likely maria boutina but he wouldn't rule out victor booth. >> yeah, you talk about the next step here. we know that it's the russian winter holidays now. so they have asked for him to get bail. that won't be decided, could be another three weeks. will he get bail and what happens if he doesn't? what is the united states' next move in this? >> mr. whalen is being held in a

prison, which viewers can check it out online. it's a nasty place. the russians are slow-rolling this process. they're trying to induce a response from the united states, specifically from mr. whalen's family and they're getting pressure on our elected representatives to make a deal. that's the end game for putin. he will dial up the pressure as much as he needs to to make that happen. >> aren't you fascinated, dan, how reminiscent this is of the could ward, boutina and then paul whalen? it's ratcheting up a bit. is that your sense? >> we have had an extraordinarily difficult relationship with russia. they launched a massive cyber attack against astonia. innovated ukraine and crimea, interfered in our elections and in western europe and used a soviet chemical agent to poison

other people. they've done a lot of people to cause major trouble. and the latest hypersonic putin unveiled, this is not too surprising to me. >> any chance the u.s. conducts a swap here or no chance? >> i think the russians have a lot of leverage here. they made it clear that they're going to hold mr. whalen until they get what they want. so this is a challenge for us. there's probably some behind-the-scenes negotiations taking place. i think this is a tough one for us. puts all of our private citizens in russia at risk. travel with care or don't travel at all. >> trace: good advice. dan hoffman, former cia chief. spent five years in moscow. good to see you. >> you too. >> trace: let's check the corner of wall and broad. finally have good news. this time yesterday we were down, below 600. today we're up above 700. all about the job numbers today.

all about the apple phone sales in china yesterday. apparently that is forgotten. i'm trace gallagher in for shepard smith. have a great weekend. "your world" with neil cavuto starts right now. >> 312,000 jobs was a tremendous number. obviously having a big impact on the stock market today. >> neil: big impact indeed. jobs surging, investors cheering, stocks roaring. i'm neil cavuto. stocks on a tear after they were yesterday, well, a terror. as the job numbers keep the bear at bay for now. the dow soaring more than 800 points earlier. up 743 in the third place. 70 or more points than we fell yesterday. what is going on? we have fox team coverage with deidra bolton on what is driving those numbers a