Skip to main content

tv   MSNBC Live  MSNBC  June 24, 2016 9:00am-10:01am PDT

9:00 am
says he will resign. >> i don't think it is right for me to be the captain that steers our country to the next designation. >> the market is taking a deep dive. >> and in the rough landing in scotland where voters strongly wanted to stay in the youth. donald trump is focusing on his golf course. >> we have taken the lighthouse which is a very, very important building in florida -- i mean in scotland, it is incredible suite. you should try to see it, they are two of the most beautiful suites that you will see. >> president obama is visiting ireland. i must say we are here to look
9:01 am
for a different outcome, we prefer a different outcome. i imagine many of you here felt the same way. good afternoon, i am andrea mitchell, in washington. it was the shock heard around the world. as britain votes to leaf the european union. we have it all covered beginning with our correspondence bill neely, how are people responding to the light of day? >> reporter: stunned. it is political earthquake and it is an economic earthquake that you can see and wall street, the dow jones falling
9:02 am
500 points within minutes opening. it is an earthquake that after shocks in europe that in the last few hours, we had reactions from the french minister. he said this is a shock. it is a pure and simple of the european union. now is the time to reinvent europe. i greatly regret the uk's decision, we need to stay calm and composed. calmness, that's the last thing that's here in the markets or in europe. we need to fast track brexit from the european union, we need stability. that's where of course, the markets crave what they really want and that's the last thing up seen on wall street and here in london where the pound plummeted over night and it fell
9:03 am
six cents by the minute. >> bill, the plan resignation of david cameron who used this referendum in part of his path to re-election and now resigning i suppose in the fall from having to choose another leader, what's the political step next of his conservative colleague was in favor to leaving. is he the likely next conservative leader? >> yes, i think he was the most visible member of the leave campaign. david cameron will go by october. he took a huge gamble with his own future but with the future of the country. he wanted to, if you would like to -- euro skeptics. boris johnson, former mayor of
9:04 am
london would be the favorite, charismatic. there is echo within the lead that he was part of the donald trump's play book. you know feeling almost a protest vote here. it looks like johnson would be the favorite and will be a new prime minister here by october. >> and as we all look to parallels here in the states, there is a sort of extent if this is a protest vote or an anger vote without people perhaps realizing the repercussions. they were told of the repercussions of economic experts in both political parties, but not really internalizing it. here is one voter that you and your colleagues spoke to today is now sort of expressing some regrets. >> i would go back to vote to stay simply because this
9:05 am
morning, reality is hitting in and the regrets that we have left. >> but, it is and even though it is not -- it is a final vote of the referendum is the final. still has to be worked out of the procedure of the eu. there is no going back to this referendum, is there? >> no, david cameron and other european leaders made it clear. it was irreversible. that was a protest and people wanted to send message that they are fed up globalization and face less bureaucrats and brussels telling them what to do. this was something irreversible and the effects is
9:06 am
extraordinary. they're commonly t mon, the mony give to americans are not being available anymore. that's the effect that britain has leaving the european union. the ramification of this and the after shocks will go on for years, andrea. >> thanks so much bill neely for setting our table. now, the market effects and the opening bell this morning, the dow plunged at 500 point, we are at 2.8%. it has not fully recovered yet. right now it is .68. now, it is going to stay with us some time. lets bring in our editor of all times. julian, i know you have been tracking this. >> absolutely. >> the election polling in advance was quite accurate. it predicts a close vote. the financial market priced in a pretty good out come so the
9:07 am
elites got it wrong >> this is the extraordinary thing andrea. the one thing we know is the financial markets when they come to pricing risks, get it right. i mean you have the polls coming out yesterday saying 50/50 and you have the markets betting strongly in term of how they'll remove that it is going to be the remainer. what dwe discovered that sometimes the experts and the economists get it wrong. and it is frankly very scary for many political elites right now. also, for all investors who's trying to work out how on earth do they make sense of this new world of political apocalypsism and what it means for the markets. >> we can talk later of the
9:08 am
politics of this. lets put in scale of the markets. the u.s. is the largest market and china is second and japan and germany and uk is third. >> the european union as a marketplace for u.s. product is an enormous market for us and now it is shaken and we don't know what will follow. we don't know if france will decide with the right wing party there to follow in brexit, there is talk in netherlands as well and we don't know if the uk whether scotland wanted to stay. >> absolutely. i mean, basically it is important to realize of three aspects that's going on. in the short term they are huge of financial market uncertainties and in the medium term is political domino effect that we need to watch. spain got elections coming up
9:09 am
and france right now leonys tis middle of protests. there could be a lot of political dominance. in the long-term it is all about the economic fall out. how much damage for the uk economy and how much damage of all this political populism. the key thing of these is before this vote took place, the uk was not the country with the highest level of popular hostility with the european union and the commission. their places like europe and france where the level of popular anchors towards european union is even higher. the political no, ma'domino eff could be nasty indeed. >> one question, there was stability here that the u.s. banks are well capitalized and the risk of contingent and
9:10 am
running on banks on the kind of things we see in 2008, what are the risks in the u.s.? >> as far as the american banks are concerned, it is not too bad. when you look at the figure, banks are quite cushioned. many of those are taking big banks in recent days and some of those right now are going to be looking at a lot of writing. >> that affected average people's 401 ks. the key right now is to remember that we -- it did come back. in fact, if you are not feeling optimistic, the kind of shock is more like 1987 stock market crash which goes down sharply and rebound, lets hope so. >> julian tet, thank you so much
9:11 am
for being with us. joining me now is david o' sullivan, irishman by birth and eu diplomat by profession. certainly, such a shock. anyone anticipated the way this vote would go and the degree of generation divide and political divide in the uk? >> well, i think everyone expected to be closed frankly and in the end the decision had gone in favor of leave. this is what the british decided. this is their decision and now we have to move forward with the consequences of that and figure out how we manage this process of the uk. >> in terms of the nuts and bolts, the decision to leave has been taken and now it has to be
9:12 am
sorted through or negotiated through this article 50 which means basically re-negotiated the relationship between a solitary uk and the other remaining seven. >> yes, indeed to the point of democracy, the treaty do contain the country to leave if they decide this is what they want to do, they have to notify other member states and there is a two-year period. this is not the same thing as re-negotiating the new relationship, it is to end the legal relationship between that member state and the european union that this is what will take place and the leaders have asked the united kingdom to noomove forward as soon as possible. we know with uncertainty it is a great enemy for all of us. we would like to start this process and conclude it as quickly and expeditionly as possible.
9:13 am
>> that is concluded sooner than two years or two years is best way to figure how long it will take except for the divorce? >> well, we have never done this before, we have no experience to base it on the article foresees two years which can be extended by unanimous agreement. >> after divorce, you negotiate the new relationship in terms of tariffs if there are tariffs and borders and controls. >> it has. there is a difference between the european union being apart of the market. >> what will the difference be? >> the difference is simply the european single market functions as a single market like the u.s. market. if you leave, you become an external country and you have to decide what kind of trading relationships you want and some of our neighbors, iceland or norway are effectively are apart of this single market but do not take part in decision making and
9:14 am
not an intapart of the european union. that's o but, i think the rest of the european union is waiting to see what the british government will decide in this regard and how they'll want to go forward and they'll be meeting brussels next week where i imagine all of this will be discussed. >> ambassador, thank you very much. i know it is a very busy time indeed for you. >> thank you. >> coming up trump's world, britain's surprising popular vote be mirrored here in the u.s. by donald trump. you are watching "andrea mitchell reports" only on-. msnbc. ah, it's my brother. keep going... sara, will you marry... [phone rings again] what do you want, todd???? [crowd cheering] keep it going!!!! if you sit on your phone, you butt-dial people.
9:15 am
it's what you do. todd! if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. i know we just met like, two months ago... yes! [crowd cheering] [crowd cheering over phone] ♪ booking.com offers free cancellations, so you're free to decide if the trip you're on... hahahahahaha! ...isn't really the trip you want to be on. hahahaha... hahaha... [mountain woman and key laughing together] i accept i do a shorter set i acthese days.t 22 i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but i won't play anything less than my best. so if there's something better than warfarin, i'm going for it. eliquis. eliquis reduced the risk of stroke better than warfarin, plus it had significantly less major bleeding than warfarin... eliquis had both... that's what i wanted to hear. don't stop taking eliquis unless your doctor tells you to,
9:16 am
as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i accept i don't play quite like i used to. but i'm still bringing my best. and going for eliquis. reduced risk of stroke plus less major bleeding. ask your doctor if switching to eliquis is right for you. they found out who's been who? cking into our network. guess. i don't know, some kids in a basement? you watch too many movies. who? a small business in china. a business? they work nine to five. they take lunch hours. like a job? like a job. we tracked them. how did we do that?
9:17 am
we have some new guys defending our network. new guys? well, they're not that new. they've been defending things for a long time. [ digital typewriting ] it's not just security. it's defense. bae systems.
9:18 am
i really do see a parallel of what's happening in the united states and what's happening here, people want to see borders and they don't want people pouring into their country that they don't know who they are and where they come from and they have no idea. i think, you know, by a bigger margin, people always thought, it is always the will of the people >> donald trump weighing in on the brexit vote this morning. joining me now and traveling with the candidate, katy tur is following all of this over seas. he's not talking about brexit initially until he was asked about it. >> reporter: yeah, he was landing in political chaos coming here to have a ribbon cutting of his golf resort and the reopening of this. the first ten minutes of this, despite the fact that the global markets are plummeting and
9:19 am
despite the fact that there are concerns worldwide of a global recession, donald trump spent ten minutes talking about his resort and his golf course before he was prompted by reporters to talk about brexit. it was a surreal moment but lets not make a mistake about this. this was a good sign for donald trump, this vote for britain for the uk to leave the eu. the campaign to leave has been very much like donald trump's campaign in the united states polling almost a trumian's tactic trying to convince uk voters and appeal to their sense and appeal to their fierce and immigration and to a sense that things were better back then. it is the immigrants that are coming over to change things and globalization that has changed things and made it worse. it is exactly what we are hearing from donald trump in the campaign trail. he talks about immigration and
9:20 am
refugees and terrorists and over and over again how he will get america to be great again and going back in time talking to coal miners says that heid thatg to bring their jobs back. so while donald trump may not be the most popular person in this country, he's certainly is not and his message is the same as if they are here. he's certainly popular in the u.s. among his supporters. the campaign is certainly taking a bit of a comfort in his votes today and seeing it as a sign that things to come for them could turn out quite positively. >> katy tur, thank you very much. we should show you a bit. katy asked donald trump today at this new conference whether he was traveling with his policy advisor, lets play that tape. >> when you are on the world's stage, are you traveling your foreign policy advisors, you
9:21 am
knew this is going to happen today. are you huddling with them to find out what's the best way? >> well, i have been in touch with them and there is nothing to talk about. i prefer what happened and i thought this is a good thing. >> marcus, by the way are down there hovering around 500 bumping up and down. the market right now is around 496. joining me right now is moderator, chuck todd, and the host of "meet the press." we have seen this before and when we go back all the way to 1970s and the post four years when the basic premise of any kind of european union is to prevent germany and france having a world war. tie them together politically and economically and not only an easy fit that became the common market that became the european
9:22 am
union decade. now, we are seeing it and in france we are seeing it potentially in skacanadavia. >> yes, just like here when i comes to immigration and trump and hilly. there is a generational slip but it is educational. this is a revolt of western middle classes. period. trump is a result of a revolt, trump/sanders were tapping into this and there is a revolt of frustration where the next job is coming from and what is work going to look like. these are the same questions that westernize and democracy and middle classes and all over
9:23 am
europe and other democracies, too whether it is korea or japan. we have seen this trend distrust and institutional. they don't leave what tbelieve tell them. the point is we'll see and i think is a wake up call to political and elites in this country. hey, it is not about trump, there was something that fuelled trump tactic that's already there and be mindful and pay more attention to it. >> some people are analyzing trump to johnson. >> well, the hair >> you talk to some members of the political commentary on both sides, johnson is highly educated. >> he was against it. he's also data driven as well as
9:24 am
politically driven. >> you know, no different than trump. i think boris johnson, there is -- he sells it better than trump does. he's a better spokesperson for a populist movement than i think we saw it in the uk than trump has been so far. i am talking about the general election as a whole. >> you touched on this but the risk for the democrats and those who say oh well, we are running against donald trump and the demographics and all the rest, some real warning signs and not just caution signs, flashing red lights here for anybody who thinks that donald trump cannot be elected for president of the united states if he has for the republican nomination. >> certainly, because he has the message that's resonating. it is funny, he has damaged his own ability -- we are talking
9:25 am
about one political consultant who read trump's message and you show trump reading his own message and people are not fired up about it. trump as an individual is becoming a flood messenger, his message is spot on of this frustration that's out there. that's what democrats need to be and the fact plmillenials are complacent in the uk. how straight of a line is the president's decision on syria and not just him and the migration crisis and the impact that it had on the impact. some people say it is straighter than others would like to admit. the point is what a butterfly flaps its wings. what an amazing of three years ago of the decision the president decided not to make in
9:26 am
syria and the impact arguably and the trickle down impact it has. all of this is interconnected. the brexit vote today is a reminder how it all touches each other. >> and briefly bernie sanders saying on "morning joe" today that yes, he will vote for hillary clinton and he still has not suspend his campaign. >> he acts like a guy at the dentist, okay, yank the tooth, fine, yes, i will vote for her. i think he missed the moment that he could have had for himself. that moment gone by. he still got an opportunity to stay a player in progressive politics. i think he waited too long to be honest. >> we'll only be watching on "meet the press" daily today and "meet the press" on sunday. >> you got it.
quote
9:27 am
>> tuned in everyday and daily at 5:00 right here on msnbc. coming up, that special relationship how the shock of great britain will test the next president of the united states who ever he or she maybe. brian fallon is joining me next, you are watching "andrea mitchell reports" on msnbc. getting faster. huh? detecting threats faster, responding faster, recovering faster. when your security's built in not just bolted on, and you protect the data and not just the perimeter, you get faster. wow, speed kills. systems open to all, but closed to intruders. trusted by 8 of 10 of the world's largest banks. trolling for a gig with can't blame you. it's a drone you control with your brain, which controls your thumbs, which control this joystick. no, i'm actually over at the ge booth. we're creating the operating system for industry. it's called predix. it's gonna change the way the world works.
9:28 am
ok, i'm telling my brain to tell the drone to get you a copy of my resume. umm, maybe keep your hands on the controller. look out!! ohhhhhhhhhh... you know what, i'm just gonna email it to you. yeah that's probably safer. ok, cool. anknows how it feelsiabetes to see your numbers go up, despite your best efforts. but what if you could turn things around? what if you could... love your numbers? discover once-daily invokana®. it's the #1 prescribed sglt2 inhibitor that works to lower a1c. a pill taken just once in the morning, invokana® is used along with diet and exercise to significantly lower blood sugar in adults with type 2 diabetes. in fact, it's been proven to be more effective at lowering a1c than januvia. invokana® works around the clock by reducing the amount of sugar allowed back into the body, and sending some sugar out through the process
9:29 am
of urination. and while it's not for lowering systolic blood pressure or weight loss, it may help you with both. invokana® can cause important side effects, including dehydration, which may cause you to feel dizzy, faint, lightheaded, or weak, upon standing. other side effects may include kidney problems, genital yeast infections, changes in urination, high potassium, increases in cholesterol, risk of bone fracture, or urinary tract infections, possibly serious. serious side effects may include ketoacidosis, which can be life threatening. stop taking and call your doctor right away if you experience symptoms. or if you experience symptoms of allergic reaction such as rash, swelling, or difficulty breathing or swallowing. do not take invokana® if you have severe liver or kidney problems or are on dialysis. tell your doctor about any medical conditions and medications you take. using invokana® with a sulfonylurea or insulin may cause low blood sugar.
9:30 am
it's time to turn things around. lower your blood sugar with invokana®. imagine loving your numbers. there's only one invokana®. ask your doctor about it by name. sadly, the next president of the u.s. will manage the special relationship of recent history in a statement hillary clinton said, we respect the choice of the people of united kingdom. our first task has to be making sure economic uncertainty does not hurt families here in america. joining me now is brian fallon. good day to you. this is an earthquake and you have been watching foreign policies and december tiomestic
9:31 am
all of these years. what does the candidate do about the relationship to come with the u.s. and not the uk rather and the u.s. given that great britain is breaking apart from the european union at a critical time in history. >> andrea, as you know, the uk has been one of our strongest allies. that'll remain after this vote. i think hillary clinton as you saw of her statement, her first concern is to continue to monitor the reaction of the international markets and a lot of americans are watching the status of their 401 k portfolios. i think that the contrast between hillary clinton's reaction to this major development on the world's stage verses donald trump is quite dark. donald trump clearly times this visit to his golf course in order to use this moment of maximum attention to try to get
9:32 am
publicity of his business. he talked about the golf course in response taken by uk citizens. donald trump is unfit to be president of the united states. this is an example of that. he clearly does not understand the issue in terms to what it takes to manage the economy. hillary clinton does. she puts on a clear plan. the after math of this, the two candidates is going to decide that hillary clinton is the leader they want to take us forward to navigate and this continued unexpected development of our world >> bernie sanders is still running for president, i don't know if you have heard that. he was on "morning joe" today and he acknowledged that he would vote for hillary clinton but he's not endorsing her. let me play a bit for you. >> are you going to vote for hillary clinton in november?
9:33 am
>> yes, the issue right here is i am going to do everything i can to defeat donald trump. i think trump in so many ways will be disaster for this country if he were to be elected to be president. >> so there is our ringing in do endorsement with side by side with clinton. would you expect he will endorse her and suspend his campaign? >> look, he has said and he has continued to say that he will do everything in his power to ensure that donald trump is not the next president. i am going to leave it to him in term of how he wants to characterize his support for clinton. what we are focusing on is consolidating our party and vice president biden is going to be campaigning next week with elizabeth warren. she's a strong leader. i think quite quickly in the
9:34 am
after math of clinch the nomination, we have consolidated the democratic party. i don't think there is any question whether our party will be headed to the convention. we'll leave it to him how he's going to approach the next few weeks. we are in a good step right now of a few short week clinching the nomination. >> if he does not endorse her by the convention, randall, told me on this show a week or so ago that he does not gate primetime speech unless he endorses before the convention. >> i have not given that much thought of what the primetime lineup is going to be at the convention. there will be people working on that. what we are focused right now is making sure that voters understand the clear contrast between donald trump and understanding why donald trump is unfit and managing our economy. i think that if you look at the fact that just next week in
9:35 am
cincinnati ohio, elizabeth warr warren, is going to appear side by side and there is no better validater, we are very excited about that and i am confident going in the convention. >> is that a running mate try out with elizabeth warren? >> look, i think hillary clinton is going to look at a wide range of people. i think the most important factor is always going to be who could do the job and be a good partner. there will be a number of qualifying candidates. >> does elizabeth warren meeting those tests? >> to be a good partner in governing. >> secretary clinton thinks extremely high of senator warren and could not be more pleased.
9:36 am
>> the market is down by 495 and they have been hovering around 500 all day just because of brexit. i should not say just because, because of the earthquake that has happened over night in the uk. with all of that, bernie sanders said today that he will expect at the least that hillary clinton in platform endorse free college tuition for all. she has a different plan for providing debt free college tuition and a lack of burden of debt for those graduating. is she really to make further concession on the economic front of bernie sanders? >> i think we are seeing great progress in the development of our platform. it has been to date of a good process that has involved of folks supporting bernie sanders as well and secretary clinton. we are opening up to a variety of voices. on college, i think she devoted a great plan that many young
9:37 am
people rallied around. she's going to have more to say on these issues. i don't think there is any sort of enthusiasm when it comes to the contrast of donald trump and hillary clinton. you are seeing in a lot of public surveys out there that young people have made up their minds to a great extent already that donald trump is unacceptable to them. i think you will see a good amount of consolidation and many of those voting blocks that we are aligned with senator sanders in the primary. you are already seeing this shift between her and donald trump. >> brian, you are critical of donald trump today, you said pursuing his commercial interest and not reakicting to the econoc and global event over night. the associated press reported of secretary clinton's appointments of meetings with contributors and political supporters and major bankers were omitted from
9:38 am
her official cal da and they came up with more than 100 meetings with individuals that were not on her official record, can you explain that? >> the issue is during the years when she was secretary of state, there were multiple schedules and it was made available to the media everyday and this was an internal schedule that was made available to employees and there was a schedule of certain crooked dirty schedules that was provided for her to carry around. of course, there is going to be discrepancies across different versions of it. people can see all the meetings that she had. this is just another example in term of the level of detailed schedules that's out there. her being the most transparent secretary and not just in the secretary department, she put more e-mails out there than any other secretaries ever.
9:39 am
her schedule and transparency with all this different versions being out there for the ap to analyze. in general, the public has had a rich amount of data and survey to take full stock in what he's able to do. >> it is been like 2013 since the associated press had been going after this legally and every other way. transparency is a result of all of those years of effort by the associated press. >> well, many of these types of meetings of the eps were most interested in very available in the existing schedules that were released as well as the ones made available years earlier. like i said, there were multiple iterations of the schedule. there are various reasons why there maybe innocent discrepancies across the different version. all of those schedules and
9:40 am
different copies are available for them and everyone can look at them and make their own judgment and we are proud of the work that secretary clinton did as a secretary of state. >> thank you brian, thank you for coming in. >> coming up, the markets are down 502. right now the reactions from paris and berlin just ahead. you are watching "andrea mitchell reports" only on msnbc. after a long day, dave stops working, but his aleve doesn't. because aleve can last 4 hours longer than tylenol 8 hour.
9:41 am
what will you do with your aleve hours? you can use whipped topping made ...but real joyful moments.. are shared over the real cream in reddi-wip. ♪ reddi-wip. share the joy.
9:42 am
9:43 am
british hometown is celebrating brexit today. we are out and see eu later. the kurier paper and now joining me now for more on that reaction, chris dickie and thomas warren. first, chris dickie, to you in
9:44 am
paris, what about france and the possibility of a brexit following britain out? >> well, i don't think france is going to be leaving the european union immediately or maybe any time soon. certainly that idea in the air, the leader of the front party has been put that across for years and the idea of european union has replaced the racist and phobic idea had been put forwa forward. she's going to be running for president next year and she will come in first in the first round of the presidential elections. she has said today that european union and getting out of the european union is going to be a central part of her campaign. >> and what about in germany, this has got to be a shattering experience also, of course, for
9:45 am
you. >> absolutely it is. every major poll taken before the british referendum showing a vast majority of germany referred that british to remain with the european union and that was also true for the political class and here in berlin. today there was a sense of shocked and disbelief and disappointment because europe has been more than just a common market. it is a project of peace and prosperity for the whole continue te continent. this marks a turning point and one she's regretting. however, she did not give any indications what these answers may looked like. >> thomas wall. thank you, folks. >> coming up the ripple effect of the market here in the u.s. after the deep plunge of the opening bell and update of our
9:46 am
stock exchange ahead, the market is down at 540. they knew a little bit more when they opened their second store, they want to keep going so they need help. we are giving them "your business" make over, for more watch "your business" at sunday at 7:30. >> watch for ideas to help you grow your business. but after one tradeshow, we took off. all i could think about was our deadlines racing towards us. a loan would take too long. we needed money, now. my amex card helped me buy the ingredients to fill the orders. opportunities don't wait around, so you have to be ready for them. find out how american express cards and services can help prepare you for growth at open.com. find out how american express cards and services
9:47 am
i accept i do a shorter set i acthese days.t 22 i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but i won't play anything less than my best. so if there's something better than warfarin, i'm going for it. eliquis. eliquis reduced the risk of stroke better than warfarin, plus it had significantly less major bleeding than warfarin... eliquis had both... that's what i wanted to hear. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i accept i don't play
9:48 am
quite like i used to. but i'm still bringing my best. and going for eliquis. reduced risk of stroke plus less major bleeding. ask your doctor if switching to eliquis is right for you. squuuuack, let's feed him let's feto the sharks!sharks! yay! and take all of his gold! and take all of his gold! ya! and hide it from the crew! ya...? squuuuack, they're all morons anyway! i never said that. they all smell bad too. no! you all smell wonderful! i smell bad! if you're a parrot, you repeat things. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. squuuuack, it's what you do. now you can't spell nutriam i right?t nut, i mean whose to say it's pronounced nu-triton, anyway? my mixes contain delicious nuts, specially blended for your optimal nut-rition. that's right, i just changed a word in the english dictionary, forever. planters. nutrition starts with nut.
9:49 am
breaking news out of west virginia, at least five people have been killed after severe storm sls slammed the state caug a historic flood. one town in the southern part of the state, the floa state of em has been declared. coming up next, from london to wall street, the world is reaking rea reacting to the decision of britain leaving european union. you are watching "andrea mitchell reports" on msnbc. wese the microsoftloud to visualize information so we can track down the criminals. when it comes to the cloud,
9:50 am
trust and security are paramount. we're building what we learn back into the cloud to make people and organizations safer. ♪ everything your family touches sticks with them. make sure the germs they bring home don't stick around. use clorox disinfecting products. because no one kills germs better than clorox. hey kevin. hey, fancy seeing you here. uh, i live right over there actually. you've been to my place. no, i wasn't...oh look, you dropped something. it's your resume with a 20 dollar bill taped to it. that's weird. you want to work for ge too. hahaha, what? well we're always looking for developers who are up for big world changing challenges like making planes, trains and hospitals run better. why don't you check your new watch and tell me what time i should be there. oh, i don't hire people. i'm a developer. i'm gonna need monday off. again, not my call. i've been blind since birth. i go through periods where it's hard to sleep at night, and stay awake during the day.
9:51 am
learn about non-24 by calling 844-844-2424. or visit my24info.com. man 1:man 2: i am. woman: ex-military? man 2: four tours. woman: you worked with computers? man 2: that's classified, ma'am. man 1: but you're job was network security? man 2: that's classified, sir. woman: let's cut to the chase, here... man 1: what's you're assessment of our security? man 2: [ gasps ] porous. woman: porous? man 2: the old solutions aren't working. man 2: the world has changed. man 1: meaning? man 2: it's not just security. it's defense. it's not just security. it's defense. bae systems.
9:52 am
and the market, the dow is dooigt downright now to 534. olivia stern, olivia, this is a shaking day for all of the marks
9:53 am
especially wall street. >> yeah, the market did not expect this and did not know what's going to happen next. so right now you see both the dow and the s&p is really close. the dow is down to about 30 points. that's a big move and of the steepest one day decline and nearly a year. oil is taking a big hit today as the dollar got stronger and gold are seeing a lot of money coming in. that's a classic flight. european and asian marks, andrea are much worse over night as many traders went sleep les s watching. the biggest victim of all tanking 10% over night now trending at its lowest level since 1985. pretty incredible.
9:54 am
the problem, nobody has real confidence of what the actual impact will be. we heard from janet yellen twice in the last ten days saying a brexit could post some consequences for the u.s. economy. >> so she's trying to sort of signal investors that she will be there in the event of further instability. mortgage rates are going to stay longer so the joke down here on wall street right now, you you are better off buying a home than stocks. >> the uncertainty that you are speaking of, this brexit is going to take two years to negotiate so there is so much unteru uncertainty over there and we'll feel the effects here for quite
9:55 am
sometime. >> thank you very much for being there. we'll have much more ahead on "andrea mitchell reports," we'll be right back. her. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls, and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. see car insurance in a whole new light. liberty mutual insurance. try cool mint zantac. hey, need fast heartburn relief? it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster.
9:56 am
♪ everything your family touches sticks with them. make sure the germs they bring home don't stick around. use clorox disinfecting products. because no one kills germs better than clorox. this just got interesting. why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach,
9:57 am
delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card what if 30,000 people download the new app? stop taking cialis and get medical help right away. we're good. okay... what if a million people download the new app? we're good. five million? good. we scale on demand. hybrid infrastructure, boom. ok. what if 30 million people download the app? we're not good. we're total heroes. scale on demand with the number one company in cloud infrastructure.
9:58 am
to place your fears. [ applause ] place your fears rather than abraham lincoln said, divide us based on religion our ethnicity rather than unite us. build a wall instead of bridges. it has been un-american from what we have seen. >> that was vice president, joe biden, in ireland speaking about the presumptive nominee, donald trump without naming him. we end today with an historic announcement from the white house. president obama is designating a
9:59 am
new monument at the site of the 1969 stone wall uprising in new york city. a popular gay bar fought back against police raid. it is considered a civil rights movement. the bar had become a memorial for the 49 people killed in the orlando club this month. the president honored stone wall's legacy and the video released just a moment ago. >> stone wall tells the story of the struggles of lgbt rights. the richness and diversities and the uniqueness of american spirits that always define us, we are stronger together. out of many, we are one. >> and that does it for this edition of "andrea mitchell reports," remember follow the show online and on facebook and on twitter @mitchell reports. craig melvin picks it up next right here on msnbc.
10:00 am
good afternoon to you. we are following the markets reactions here and abroad. notice brexit and whether that could trigger a global financial shock. the vote is closed. it also caused prime minister david cameron his job. cameron decided to resign after pushing for that vote to make good on the campaign promise. today he said britain's decision to leave the eu would not negatively impact establish or u.s. or other world economies aro cross the long-term. >> i would reassure those markets and investors that britain's economy is fundamentally strong. >> most ever event, there is not an donald trump angle. he praised