connell mcshane. you have heard a lot about foreign developments worrying some following the virus closely including a spike in cases in china, that got so severe they shut down one of their largest whole sale markets in beijing, one of the largest on the planet. you heard what is going on in india, slapping down very sweeping lockdown provisions here on cusp of cases starting here. jillian melchior following all of that, "wall street journal" editorial page writer. jillian, these are developments not too shocking. a lot of people feel they were well-telegraphed here but the fact that these countries are taking tough measures as they are, reminds people in the united states they will have to do something like this but your thoughts and reporting what are you finding out? >> we have to go with the beijing numbers from the utmost skepticism. from the get-go chinese government has lied pretty much everything about coronavirus. the numbers stretched credibility the entire time. i view it as a significant

that has an impact on it, as well. >> melissa: connell mcshane, you're brilliant.nding every day at 4:00 p.m. eastern on the fox business network right next to you. i will see you then, my friend. >> sounds good. >> melissa: city leaders and in seattle, as some residents say enough is enough. ♪ >> melissa: the national park service reinstalling an 8-foot tall fence around lafayette park after protesters attempted to bring down a statue of former president andrew jackson. the fencing was initially put up at the onset of protests against police brutality, but later taken down. authorities now say the park will remain closed while they assess damages. anita mcbride, who served as laura bush as chief of staff, writing in an emotional facebook post, "thanks to this criminal behavior, the biggest change will likely be closure of this spectacularly unique and perfect public space, closer to the white house than any other, that we the people get to use as our platform for dissent, for celebration, and for change." anita mcbride joins me now. she served in three white house

happy father's day to my husband as well and to you, connell mcshane. happy father's day to you. much. we're going to get together with my dad and my mom over the weekend for a nice socially-distanced barbecue. see you all back on monday. here's lou dobbs. ♪ ♪ lou: good evening, everyone. we begin with breaking news from washington where the department of justice in court for two hours today facing attorneys for the president's former national security adviser, john bolton. the department of justice says bolton's new memoir contains classified information that is in violation of a nondisclosure agreement, and they are asking a d.c. district court to block the book's release. the legal battle framed between the book's publisher, simon & schuster, has already distributed thousands of copies around the world and, of course, the president of the united states and the national

connell: i'm connell mcshane, reporting live today from the streets of new york city., what a market rally. we're getting set here for more protests meantime to get underway this evening. the hope of course that they will be peaceful protests as th

i want to go to my buddy connell mcshane what is happening within the market. he is the host of "after the bell." taking a look what is happening hours before that bell. connell? >> you know it is interesting, neil, you can probably make the case day like this was inevitable given the run we've seen off the lows of march 23rd. many investors say stocks may have been over extended after that. we saw larry kudlow talking to stuart, that the dow, s&p, nasdaq, are still 40% plus above those lows and he is right about that but the concerns you outlined over the virus are working their way in. nasdaq dipping below the 10,000 milestone it closed first time ever yesterday. before we get into some of the medical concerns, groups of stocks that are moving today. let's highlight travel stocks first of all. they seem to be so well-connected to what we've gone through the last few months. what i will say as we look at some airlines, down, nine, 10, 12 1/2%, is that many, if not all of these stocks you're looking at on the screen, united american, delta, southwest, jetblue ar

ordering bars to shut down once again as we watched the dow down barely above the 25000 level, i am connell mcshaneelissa francis, this is "after the bell", the lows of the session down more than 2%. fox business team coverage for you now, jackie deangelis is in the newsroom and blake burman at the white house, hillary vaughn in washington, but kick it off with jackie. >> good afternoon, a tough day for the markets as you can see the dow down 730

as well and to you, connell mcshane. happy father's day to you. connell: thank you very much. thank you very much. we're going to get together with my dad and my mom over the weekend for a nice socially-distanced barbecue. see you all back on monday. here's lou dobbs. ♪ ♪ lou: good evening, everyone. we begin with breaking news from washington where the department of justice in court for two hours today facing attorneys for the president's former national security adviser, john bolton. the department of justice says bolton's new memoir contains classified information that is in violation of a nondisclosure agreement, and they are asking a d.c. district court to block the book's release. the legal battle framed between the book's publisher, simon & schuster, has already distributed thousands of copies around the world and, of course, the president of the united states and the national security council. the book contains bolton's treacherous lies, in the view of the plaintiff, half-truths and falsehoods facilitated by good friends in the left-wing national media. reagan-appointe

connell mcshane in the middle of all of that. the bell" host, much much more, on what we could be looking at. connell? reporter: you're right, the weather, there are heavy thunderstorms expected later this afternoon, could have an impact on the turnout of the protesters, but they are still expected to turn out. the hope obviously is that they will be peaceful as they largely have been during the day. at night is where the issue has come in. with the violence that has broken out really for the last three nights, although things improved considerably last night. here's the challenge. this city as you know is ready to move into phase one of its reopening on monday. you really wouldn't know it if you look at businesses like h & m here in times square. all boarded up. this is not the exception, this is the rule, if you walk around manhattan today, you will see almost all the major businesses with boards up either cleaning up after being looted a few nights ago, or trying to prevent themselves from damage being done in the future. so w

connell: i'm connell mcshane, reporting live today from the streets of new york city. wow, what a market rally. we're getting set here for more protests meantime to get underway this evening. the hope of course that they will be peaceful protests as they have been during daylight hours. it is nightfall when the problems have started especially for local business owners. that has been our focus. last night, however, here in new york, the citywide curfew that went into effect at 8:00 instead of 11:00 at night, that seemed to have helped the situation. that is the same plan that they have for tonight. now we did see some protesters who defied the orders from officials. overall though, there was less violence. there was less looting than we had seen the previous two nights. now businesses we've been all around manhattan today have been boarding up. you can see it here. you can see it as local cvs in lower manhattan. this is the rule rather than the exception. just about all retailers, many closed already for the coronavirus lockdowns, now taking extra precautions because t

i'm connell mcshane. melissa: this is "after the bell." a bit of a pullback on the dow. the s&p 500 also down slightly, still about 5% away from its record high. fox business team coverage, blake burman is in washington and lauren simonetti is watching the markets. let's start with blake with the latest from the white house. reporter: hi, there. there is a debate taking place in washington up on capitol hill about the future of the $600 federal uninsurance benefit that came about during the cares act. we will give you a live look right now at the senate finance committee, the labor secretary eugene scalia testifying there. republicans and the white house argued that benefit has become a hindrance for businesses since some people are actually making more money on unemployment. democrats, though, are making the argument to republicans saying how can you say more people are coming back into the work force, yet this is also a hindrance? they are saying that doesn't really work hand in hand. they are also saying that this $600 plus-up should continue until the end of the year

connell: i'm connell mcshane. good to be with you on "after the bell." it was choppy.he dow and s&p in the red, actually for the first time this week. the nasdaq ends up in positive territory and is now 1% away from its record close. so that story continues. we have fox business team coverage of our top stories today. blake burman is at the white house, jackie deangelis in our new york newsroom. we'll start on the north lawn where blake is looking at explosive new allegations surfacing late this afternoon from john bolton how president trump dealt with china. what is the latest.

connell: i'm connell mcshane welcome to "after the bell" everybody the dow is where the problems runling into the close to end up 200-plus points to the downside, the s&p down 17.5 points, it looks like the nasdac, however, will end up higher for the sixth trading day in a row, so along this winning streak in more than a month if indeed it does settle higher up by three points so we'll talk about it all we have

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." the dow closed up 2% led by boeing. shares climb as test flights begin of the 737 max. fox business team coverage. blake burman is at the white house, jackie deangelis is in the newsroom and edward lawrence is in washington. let's kick it off with edward with breaking news on the fed. edward. reporter: exactly. the federal reserve chairman jerome powell's chairman testimony tomorrow what he will tell the house financial services committee. just released a more upbeat tone than he was in his last appearance before congress. he is going to say the second quarter gdp is largest drop in history. the coronavirus was met with swift action, swift and decisive action by both congress and the federal reserve. he will say because of that action he believes long-term damage to the economy may have been limited. now powell welcomes a bounce-back in economic activity he has been seeing. he says though the path forward remains uncertainty and a full recovery will be unlikely until people feel confi

ordering bars to shut down once again as we watched the dow down barely above the 25000 level, i am connell mcshane. melissa: i melissa francis, this is "after the bell", the lows of the session down more than 2%. fox business team coverage for you now, jackie deangelis is in the newsroom and blake burman at the white house, hillary vaughn in washington, but kick it off with jackie. >> good afternoon, a tough day for the markets as you can see the dow down 730 points, the spiking coronavirus cases definitely driving that, the market has been worried all week that we will see these bikes and companies will start closing things again like we seen with apple and it will delay the economic recovery in this country. as you mentioned in texas, phase three on pause closing the bars today, restaurant occupancy going down from 75% to 50%, florida is in phase two and the governor is saying i don't know when we will go to phase three, we have to get phase two working. he said there will be no alcohol service in the bars, food only. the coronavirus task force briefing is very interesting, they stress hospitali

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the major averages closing at or near the highs of the day plus. at the white house, president trump is getting ready to sit down with the secretary of health and human services. fox business team coverage for you now. kristina partsinevelos is following the protests in new york city, blake burman with the latest from the president and lauren simonetti is watching the markets. let's kick it off with kristina. reporter: i've been all across the city. now we stopped in the diamond district. iconic, on west 47th. what we can see pretty much sound looks like a construction site as many businesses with the exception of this one here are clearing out all of their goods, boarding it up with wood. this comes at a time when new york city has enact ad curfew, a much, much earlier curfew 8:00 p.m. tonight. many shops, trader joe's are closing much earlier. signs are closing at five to 6:00 p.m. so store clerks get home as safely as well. you have almost 2,000 arrests just over the past five days

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell.". the major averages seeing the biggest

i'm connell mcshane reporting live from the bronx. new york city is finally starting to reopen its economy. we're exactly 100 days of the first covid-19 case being confirmed in this city. it is a good day, good news for many small business owners but it also might be quite challenging. remember this city was hit hard, more than 200,000 coronavirus cases, over 20,000 deaths and no part of the city had it worse than the bronx. now you add to that the looters who took advantage of the george floyd protests last week and wiped out many of the mom-and-pop shops in that area before they could reopen. beverly hills furniture, where we are today, this store was one of the ones wiped out t was really hit hard. coming up you meet the owner. hear about the terrible night you're looking at in surveillance video. that was one week ago tonight. you will hear about the plans they have in the business to get it back up and running, even if that takes a little bit longer than anticipated. they were really hit by the looting. look around this neighborh

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."he major averages closing at or near the highs of the day plus. at the white house, president trump is getting ready to sit down with the secretary of health and human services. fox business team coverage for you now. kristina partsinevelos is following the

i'm connell mcshane. melissa: i'm melissa is a francis. this is "after the bell." the dow closing above the 27,000 milestone and up for the fifth straight day, its longest winning streak since january. the s&p 500 is about 6% away from a record high, the nasdaq fighting to close at a record high. it had crossed a new high earlier today. fox business team coverage for you now. blake burman at the white house, lauren simonetti is watching the markets, and edward lawrence is in washington with those rock star jobs numbers. let's kick it off with edward. >> reporter: yeah, melissa, the private sector actually created 3.1 million jobs and government jobs you lost 585,000, that's where we settled for a net gain of 2.5 million. all the estimates thought there would be huge losses on this. if you go inside the numbers, there's actually some very interesting statistics here, digging deeper into this. just take a look at this. leisure and hospitality creating 1.2 million jobs, construction adding 464,000 jobs. another 424,000 jobs created in education and health services. ge

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." after biggest two month rally in more than a decade. fox business team coverage. kristina partsinevelos is in union scare in new york city. blake burman from the white house. and kristina partsinevelos is watching market reaction. reporter: businesses pick up the damage, you have angered protesters unleashing frustration on commercial residential property across the country. right now i'm at union square, which is epicenter of a lotof protests. what we're seeing here, a peaceful protests, about 150 people. black lives matter. they have been seeking about not looting, that has come up several times. throughout the entire city, before we show you visuals, if i can say, it sounded like a construction site, many people are boarding up all the walls. smells like pine everywhere. feels if we're preparing for a hurricane. look at footage from duane reade. we were there earlier this morning. completely smashed glass everywhere. local residents actually cleaning it. it was duane reade. we saw

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." biggest two month rally in more than a decade. fox business team coverage. kristina partsinevelos is in union scare in new york city. blake burman from the white house. and kristina pin

connell: and i'm connell mcshane. welcome to "after the bell," everybody.he low of the session more than 700 points. boy, look at the turn around we had. at one point we were up 280 some points. we closed higher by 157 or so. now the s&p 500, nasdaq also kicking off the

connell: i'm connell mcshane. these are some numbers. welcome to "after the bell," everybody.or averages are up here certainly on the day and certainly for the quarter. we closed higher by 200 plus points own the day for the dow. it is the best quarter for the dow in more than 33 years. we will break it all down in some detail for you as we bring you the top stories of the day with fox business team coverage. blake burman is at the white hous

i'm connell mcshane. melissa: this is "after the bell." a bit of a pullback on the dow. s&p 500 also down slightly, still about 5% away from its record high. fox business team coverage, blake burman is

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." the dow is up nearly 850 points as the high pulled back slightly earlier today after beijing said it would expand its lockdown. fox business team coverage, blake burman at the white house, jackie deangelis in the newsroom and edward lawrence in washington. let's kick it off with jackie on today's market rally. jackie. reporter: good afternoon, melissa. stocks were slightly higher on the blowout retail sales report in may, an increase of 17.7%, the biggest monthly increase. april's sharp decline was revised lower this is good news as states are reopening and economy is getting up and running, there does appear to be a lot of pent-up demand from folks not shopping while they were unlockdown orders but buyer beware. as you said in beijing, another lockdown after a cloughster of new coronavirus cases showing reopening may not be as easy as everyone is hoping it will be. meanwhile stimulus hopes are helping stocks too. reports considering the trump administration is considering a one trill

connell: and i'm connell mcshane. welcome to "after the bell," everybody. the dow was down at the low of the session more than 700 points. boy, look at the turn around we had. at one point we were up 280 some points. we closed higher by 157 or so. now the s&p 500, nasdaq also kicking off the week in the green, firmly in the green especially for the nasdaq up almost 1 1/2% as we shake off some earlier concerns of a possible second coronavirus wave. we'll talk a lot about that, as we have fox business team coverage of our top stories. blake burman at the white house today. hillary vaughn in washington. we start with edward lawrence. he has latest reporting on the covid-19 case spikes. edward? reporter: you know what, connell? this morning the spike in cases some other comments from a federal reserve president sort of set the market on that downward spiral but then it seemed to turn around. they shrugged it off when more people were saying that the economy would not shut down en masse. here is white house advisor larry kudlow on that subject. >> we have no int

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell."850 points as the high pulled back slightly earlier today after beijing said it would expand its lockdown. fox business team coverage,

connell: i'm connell mcshane as our coverage of the road to reopening continues today. we're on the upper west side of manhattan for new york city. for many of you watching us from other parts of the country, today's move to phase two of reopening here in new york may seem like no big deal but i can tell you it's a very big deal in this city, once the epicenter of the coronavirus crisis. restaurants like the one we're in are open for outdoor dining today. some of the retailers are allowing people to come in to their stores and the playgrounds are open once again for children. so it's progress. still there are challenges. will people feel comfortable coming back out into the world after three months of lockdown? and will others who have left this city completely moved away, now think about returning? we're going to cover it all, all angles from here, once the hottest of the hot spots. while we take a close look at other parts of the country that continue to report concerning spikes in virus cases. all that coming up. we start you off with phil keating in miami. that is o

i'm connell mcshane. melissa: i'm melissa francis and this is "after the bell." major averages in the green. the nasdaq is closing at a record high for the second day in a row. it is up almost 50% since its low back in march. fox business team coverage, blake burman is at the white house, jackie deangelis is in the newsroom, edward lawrence is in washington and ashley webster is there as well. we'll start with blake, who has the latest from the administration on china. blake. reporter: melissa, connell, you're right. just a little bit of cleanup from the white house last night after peter navarro made some comments suggesting that maybe the trade deal with china was off as navarro said at one point, it's over. that forced the president to take to twitter to say, no, the deal with china is fully intact and larry kudlow in speaking with stuart varney earlier this morning said that the deal is being implemented just like they want. >> i've been to several meet national the oval with bob and steve mnuchin and the president and others. you know that has been our view.

i'm connell mcshane. melissa: i'm melissa francis and this is "after the bell."e nasdaq is closing at a record high for the second day in a row. it is up almost 50% since its low back in march. fox business team coverage, blake burman is at the whho

connell: i'm connell mcshane as our coverage of the road to reopening continues today.st side of manhattan for new york city. for many of you watching us from other parts of the country, today's move to phase two of reopening here in new york may seem like no big deal but i can tell you it's a very big deal in this city, once t

connell: i'm connell mcshane. good to be with you on "after the bell." it was choppy. the dow and s&p in the red, actually for the first time this week. the nasdaq ends up in positive territory and is now 1% away from its record close. so that story continues. we have fox business team coverage of our top stories today. blake burman is at the white house, jackie deangelis in our new york newsroom. we'll start on the north lawn where blake is looking at explosive new allegations surfacing late this afternoon from john bolton how president trump dealt with china. what is the latest. reporter: explosive is one way you can describe it, connell. john bolton, the former national security advisor for president trump, his book is set to be due out on tuesday and an excerpt has been published, "wall street journal," other outlets i believe as it relates to president trump's meetings with president xi face-to-face when it came to hammering out the trade deal between the two countries and it raises some serious questions about those one-on-one interactions. in a passage just post

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." 2% led by boeing. shares climb as test flights begin of the 737 max. fox business team coverage. blake burman is at the white house, jackie deangelis is in the newsroom and edward lawrence is in washington. let's kick it off with edward with breaking news on the fed. edward. reporter: exactly.

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." major averages gaining steam at the lows closing bell. looking to recover some of yesterday's massive losses. fox business team coverage. jackie deangelis in the newsroom. we'll start with blake burman at white house. reporter: expecting to see president trump in about an hour or so, at least within the next hour as he is in wisconsin right now, far northeast port of that state in the city of marinet. as the president will be at a shipyard there, you reason he is there, the ship in the back of the picture there, that company involved is getting a $5.5 billion contract to build 10 of those very exact ships. 1000 jobs to come into that area. you will likely hear the president tout that and job creation in wisconsin. that state, the badger state has been a focus for the white house and the trump campaign this week. there is a pretty good reason why, when you look at the history there, democrats won seven consecutive presidential elections. president trump flipped that state in 2016, winn

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the dow erasing gains made initially after the federal reserve announced it would keep interest rates near zero for the next two years. the s&p feel hundred also ending in the red. fox business team coverage. best of your memory best of your memory with blake burman from the white house. edward lawrence in washington. we kick it off with edward. reporter: through 2022 the federal reserve keeping rates near the zero mark. gdp growth for the fed shows a loss of 6 1/2% this year but bouncing back 5 1/2% growth for inflation. fed predicts inflation under 1 1/2% for the year 2020. not reaching 2% target goal for the end of 2022. for the federal reserve, federal federal funds rate going nowhere. listen. >> we're not thinking about raising rates. we're not even thinking about thinking about raising rates. we're providing for the r support for the economy. we think this will take time. reporter: federal reserve chairman jerome powell says their goal is to get back to the record low unemployme

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."or averages off the lows we saw in late march. the dow panned nasdaq are up 40% over the last three months. we have fox business team coverage. lauren simonetti is watching the markets. blake burman is live at the white house. let's kick it off with lauren. lauren: really choppy session, guys. while the dow did close

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell."s gaining steam at the lows closing bell. looking to recover some of yesterday's massive losses. fox business team coverage. jackie deangelis in the newsroom. we'll start with blake burman at white house. reporter: expecting to see president trump in about an hour or so, at least within

connell: i'm connell mcshane good to be here with you on friday welcome to "after the bell."a weird day on wall street the dow was up 800-plus points at the high of the session which was really early on, one point turned negative but closes up by 477 points, the s&p up 39 at the close, nasdac with a nice rally as well up by a little more than 1%, rebounding following the worse day for the market

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." major averages off the lows we saw in late march. the dow panned nasdaq are up 40% over the last three months. we have fox business team coverage. lauren simonetti is watching the markets. blake burman is live at the white house. let's kick it off with lauren. lauren: really choppy session, guys. while the dow did close higher the s&p 500 and nasdaq did break a three-day winning streak, so closing both lower today. we got data on jobless claims. really awful. it goes to show you that the wall street recovery since those march lows, up 40% as you just noted, melissa. it is really outpacing main street's recovery. if you look at continuing claims here topping 21 million, it suggests that employers have been slower to hire back furloughed workers. let's talk about the retailers. it is a particularly painful time for them. hit first by the pandemic and now damage from the protest although you wouldn't know that from some of the retailers stock performances we're seeing today. take a look

i'm connell mcshane. melissa: i'm melissa is a francis. this is "after the bell." closing above the 27,000 milestone and up for the fifth straight day, its longest winning streak since january. the s&p 500 is about

connell: i'm connell mcshane good to be here with you on friday welcome to "after the bell." it was a weird day on wall street the dow was up 800-plus points at the high of the session which was really early on, one point turned negative but closes up by 477 points, the s&p up 39 at the close, nasdac with a nice rally as well up by a little more than 1%, rebounding following the worse day for the market in three months, yesterday. so we'll sort through it all and some detail with fox business team coverage set up for you blake burman at the white house, he has news on the president. first throw to lauren simonetti on these markets. lauren: it was a weird day. it was certainly a volatile session, so the morning you had an 800 point rebound after yesterday's 1,800 point sell-off we saw it evaporate by the afternoon and then come back again so late morning the federal reserve said it's worried about a slow return to normal and permanent job loss and you can see when the market came down and then in the afternoon the cdc said a spike in new coronavirus infections may require prev

i'm connell mcshane. melissa: i'm melissa francis. and this is "after the bell." dow down slightly as the covid-19 infections rise in more than a dozen states. the s&p fighting for gains. the nasdaq inching closer to record territory, up for the fifth straight day, marking its longest winning streak in more than a month. fox business team coverage for you now. blake burman is at the white house. jackie deangelis is in the newsroom. hillary vaughn is in washington. we kick it off with blake. reporter: we continue to keep our eye on the event going on at the white house, with president trump sitting down with the governors of oklahoma and nebraska. it has been going on half an hour. the focus is on the recovery and rebound going forward and the pp small business program that helped out so many small business owners like you see the one on your screen. you can't help but notice, rather, that the president is meeting with the governor of oklahoma just about 48 hours before he also set to head to oklahoma to hold his first campaign rally since the covid-19 outbreak. th

i'm connell mcshane. melissa: i'm melissa francis. and this is "after the bell."ow down slightly as the covid-19 infections rise in more than a dozen states. the s&p fighting for gains. the nasdaq inching closer to record territory, up for the fifth straight day, marking its longest winning streak in more than a month.

i'm connell mcshane. this is "after the bell." melissa: i'm melissa francis. let's go straight to blake burman at the white house with more on what we just heard. blake. reporter: hi, there, melissa and connell. two headlines come out of this meeting between president trump and polish leader duda coming at roses garden at the white house. conversation centered in large part on the u.s. troop presence in europe, specifically about u.s. troops in germany. the president, president trump was asked about it, asked about the idea of moving troops out of germany, quote, it is probably, he will probably be moving them from germ inn the president was asked or said, that it would be quote, unquote substantially, meaning the footprint of u.s. troops in germany. he suggested that that number could go down roughly half to about 25,000 from the 52,000 troop level. here is why that is significant. you just heard from the polish leader saying that they do not want to see that. at least he does not want to see that happen within europe. the polish president saying it would be q

i'm connell mcshane. melissa: i'm melissa francis this is "after the bell." the dow closing down 6%. the major averages seeing the biggest selloff since mid-march are still 34% up from the lows we saw three months ago. remember nasdaq closed at record high above 10,000. that milestone just yesterday. fox business team coverage, blake burman with the latest from the president. we'll kick it off with lauren simonetti on today's selloff. lauren? lauren: melissa it spared almost no one today. investors are still reacting to the federal reserve's cautionary tone about the recovery yesterday, along with the cautionary tone from the pandemic itself as more states report more coronavirus cases. that is raising fears of that second wave of infections as the economy struggles to recover. another 1 1/2 million americans filed for unemployment benefits last week. number have fueled, received aid for two weeks stands at 21 million. stocks that have outperformed as the country reopens are the ones getting hurt the most today, like travel shares. look at some travel names.

connell: i'm connell mcshane. these are some numbers. welcome to "after the bell," everybody. the major averages are up here certainly on the day and certainly for the quarter. we closed higher by 200 plus points own the day for the dow. it is the best quarter for the dow in more than 33 years. we will break it all down in some detail for you as we bring you the top stories of the day with fox business team coverage. blake burman is at the white house. jackie deangelis in newsroom in new york, edward lawrence in washington. but jackie, we start with you. reporter: can we say party like it is 1999? fourth quarter 1999 is the last time we saw a quarter this good. that is positive given the fact we've been through so much this year because of the coronavirus pandemic. you can see the dow is up 17.7% for the second quarter. s&p 500 almost 20%. and the nasdaq composite, really the winner there, 30% for the second quarter. so we are watching those numbers as we're processing what happened today, a 215 point gain on the dow jones industrial average. you're seeing more optimism in thi

i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the dow erasing gains made initially after the federal reserve announced it would keep interest rates near zero for the next two years. the s&p feel hundred also ending in the red. fox business team coverage. best of your memory best of your memory with blake burman from the white house. edward lawrence in washington. we kick it

connell mcshane on all of that. connell?00-plus points shortly after the opening bell, neil and now only 250 some points on the dow, but generally speaking, the theme of today is a bounceback, if you look at individual stocks after the big sell-off we had yesterday that happens, the self-correction when you go too far in one direction or another. remember the sell-off yesterday came after a huge rally off the march 23 lows with the nasdac topping 10,000 the other day for the first time -ever and again to go into that theme, the travel-related stocks probably your best example if you were a big loser percentage wise yesterday, odds are you're a big gainer percentage wise today, carnival, norwegian and the airlines, american and united as well. all these travel-related stocks were down yesterday but in the dow boeing is probably a good way of illustrating it, it was the worst-performing dow jones industrial industrial average stock down more than 16% getting a good part of that back today with an 8% rise so let's sort through

connell mcshane on that and much more. i believe he's on the upper west side? see you. i don't know that people watching in other parts of the country realize how big of a day this is here in new york city, a city that's essentially been locked down and locked up for the better part of three months. you are finally starting to see some movement here today that includes people having a meal outdoors. we will show you the setup at this restaurant on the upper west side in a moment. first we will throw up on the screen what happens in phase two of the reopening. in addition to eating outdoors, for restaurants, you have salons and barber shops. want to come in and get a clip, 50% capacity, you can do it. so not only curbside pickup, you can go in some of the stores now. big move for children, many of whom have been locked up in a small apartment, the playgrounds and also places of worship, churches at 25% capacity. let me look around here. i'm standing inside the restaurant now. only the workers are here. come out on to columbus avenue, you can see some people alre

i'm connell mcshane filling in for neil today.s spiking in a number of states, florida, texas, arizona among them, that started us off today. we were already lower, then we extended that drop after new york, new jersey and connecticut ordered visitors coming in from states that they deem to have a high risk, a high infection rate, for those visitors to self-quarantine for a couple of weeks. that's where we start off the hour. lauren simonetti has more from new york. lauren? lauren: it was interesting, connell, the tristate area is just starting to reopen after a lockdown that was for months. as the number of cases here declines, the number of coronavirus infections elsewhere continues to spike. take a look at the map that we are showing you right here. these nine states, washington, arizona, alabama, arkansas, utah, florida, texas, north and south carolina, will be hit with a travel advisory by new york, new jersey and connecticut effective midnight tonight. here's new york governor andrew cuomo. >> we are announcing today a joint