dow sitting at 22,000 today. we haven't closed above that level, although now of course we've hit it intraday. the averages are slightly lower, the russ sl down 1% today as the dollar is below 93 on that dollar index auto nation shares or one of the companies under pressure major changes in that industry we'll have the details in a moment >>> plus president trump reportedly set to take trade action against china we'll find out if that could spark a trade war and hurt our economy. that's still to come on closing bell that yacht life, life, life ♪ ♪ top speed fifty knots life on the caribbean seas ♪ ♪ it's a champagne and models potpourri ♪ ♪ on my yacht made of cuban mahogany, ♪ ♪ gany, gany, gany, gany ♪ watch this don't get mad (bell mnemonic) get e*trade and get invested at the lexus golden opportunity tesales event before it ends. choose from the is turbo, es 350 or nx turbo for $299 a month for 36 months if you lease now. experience amazing at your lexus dealer. >>> welcome back with apple helping the dow to

the dow is indicat

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the dow is a standout. has hit a record high as president trump said today inching ever closer to 22,000. we'll see what happens in the last 40 minutes or so. s&p is up .2 being led by telecom thanks in part to the large sprint to profit coming up, we debate whether you should be owning or selling the stock ahead of earnings which are due out the next hour. >> plus, facebook bought a startup that helps make chat bots smarter when we come back, how the rise of the bots could change facebook's messenger into a huge business. >> and, of course, we want to hear from you. you can roach out to the show on twitter, facebook or send us an e-mail is it a good time to be buying a car? as bill suggests. >> it's a heck of a time to be buying a car, and you can pick up a copy of-at-leisure tnkfothplo. >>has r e ug download it online it's free. you're watching cnbc, first in business worldwide [pony neighing] what? hey gary. oh. what's with the dog-sized horse? i'm crazy stressed trying to figure out this complex trade s

we'll see if it holds on the dow and the dow is higher and everybody else is weaker, s&p down 4.5 and nasdaq down 19, and the russell down half of 1%. aetna is reporting better than expected earnings. aetna exec mark bertolini joins us. >> and a look at whether to buy the media giant viacom after earnings due out in about an hour >> reach out to the show via facebook, twitter or send us an e-mail, closingbell@nbcuni.come. you're watching cnbc, first in business worldwide you're watching cnbc, first in business worldwide >>> all right. we're back one day after hitting dow 22,000 for the first time ever, stocks still holding above that level up more than 18 points where are we going for our seventh straight record close for the dow? >> yeah. >> been that kind of a run for the industrials. s&p and nasdaq have a little more work to do. >> eight for the dow, and -- and eight-day win streak seventh record close. >> we'll get it right. >> let's get a check on today's market mover the consumer products maker beat wall street expectations thanks to improving margins and strong growth in its cl

s&p up 4.5 dow futures up 45.tures are up 9 points reversing some declines we saw in yesterday's session for the nasdaq and s&p the russell 2000 index of small caps lower by 1% it's been the dow that's been the stand-out. it's a price-weighted index. closed at an eighth straight high yesterday that would make 32 record closes for 2017 ten-year treasury yield, the bopd m bond market has been stuck around the 2.30 level. we'll see where that goes after jobs look for wages, look for improvement on the sector breakdown when it comes to where the jobs are being added we'll see if treasury yields tick higher on the sign of an ill proving economy. >> we've been waiting for wages for such a long time they've been moving, but there hasn't been anything dramatic. we have not seen the wage inflation pick up. >> especially because economists say we're at the end of the cycle. unemployment rate at 4.3% that could be close to full employment so people looking for jobs are getting them, why isn't the labor market tighter so peop

we're on dow 22,000 watch. right now u.s.e pointing there to a higher open up 48 points nasdaq futures are very strong, up 43 points thank you, apple, which is rising 6% in the premarket >> 11.5% weighting in the nasdaq 100. as apple goes, so goes the nasdaq 100 >> let's bring in chad morninglander. good morning >> good morning. >> do you think it lifts the bro broader technology boat, or is apple sort of its own thing? it only boosts the chipmakers and suppliers? >> i think it is siloed to a certain extent what actually drives technology overall is global growth, i.t. spending that is really what gives the lift overall apple has been phenomenal company and earnings >> you don't think it has a psychological effect on the market in what has been a pretty strong earnings season >> it has been, but on a go forward basis i'm skeptical because of massive contribution to earnings as well as revenues has been that lift within oil and gas complex. when you back that out, yes, it is a positive number nonetheless not as robust. if you

dow chemical. the leading manufacturer of plastics in the world and the third largest manufacturer of pesticides dow chemical has an annual turnover of forty eight billion dollars and fifty thousand employees around the globe. in the wake of this chemical giant there's an industry of staggering profitability and industry in a frantic race to innovate each year their new toxic products reach the market these multinationals all have one thing in common a culture of secrecy. following us. polluting lands rivers and groundwater. behind the fumes of these factories we have discovered tens of thousands of victims. in india children are born with severe disabilities. in the us those who have dedicated their lives to this industry everybody will get it because it and the money and the benefits it was secure are now paying the price those guys are all dead and i should have meant by they are. faced with these tragedies the chemical giants have adopted a specific course of action. lack of transparency cynici

dirk dowe can only watch. >> after 12:00. no problem. >> in dortmund, smoke isn't always smoke. >> the only option the couple has now is to take their fight to the highest court in the land -- or alternatively, move house, or quit smoking. that's it for today. thank you for watching. see you next time. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] - [narrator] up next, it's music city roots, live from the factory. in this episode, penetrating songs by emily west, new york folk duo mike and ruthy, and a reunion of nashville's rock stars government cheese, right after this. - [announcer] national broadcast of music city roots is made possible by acceptance auto insurance. based in nashville, tennessee, acceptance offers personal automobile coverage from coast to coast. more information available at acceptance.com. you, your terms, accepted. - [narrator] franklin, tennessee, inspired music, local flavor, on the edge of nashville. visitfran

is up 65 let's get to bob. >> dow 22,000. a hat for every round number for the dow jones industrial average and that's what they're wearing down here apple is up $9 and that's put us over the top they're also on the upside i want to point out what got tous 22,000 right now. mostly it's boeing 400 of those points of the 1,000 we had has been boeing but this was the close up yesterday. pretty small numbers you got 4 to 5 stocks that moved us up here right now europe is down and the strong euro has been a problem. look at germany that's the orange line it's been going down and i don't know where it's going to resolve itself but they have a problem over there. a lot of people are talking about august can you pull out a surprise? august is the lousy month. nobody expects anything to period happen and that's why the bulls are hopeful that technology will hold up and not drop dramatically and that other rotation will happen so the hopes are around energy and financials yes energy with oil close tore $50 is another hope and there's s

dirk dowe can only watch. >> after 12:00. no problem. >> in dortmund, smoke isn't always smoke. >> the only option the couple has now is to take their fight to the highest court in the land -- or alternatively, move house, or quit smoking. that's it for today. thank you for watching. see you next time. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] steves: we're in rothenburg, germany's ultimate walled city. in the middle ages, when frankfurt and munich were just wide spots on the road, rothenburg was one of germany's largest cities, with a whopping population of 6,000. today, even with its crowds and overpriced souvenirs, i love this place. during rothenburg's heyday -- that was about 1200 to 1400 -- it was the intersection of two great trading routes -- prague to paris and hamburg to venice. but today, the great trade is tourism. rothenburg is a huge hit with shoppers. true, this is a great place to buy cuckoo clocks, steins, and dirnd

dow down 204 points. interestingly the decline on august 14th, which we've been looking back on was also .93% for the dow. >> we've had a couple of sharper down days even as it tries to climb back. >> we're back below 22,000 let get a check on some of the day's market movers. l brands, the worst performing stock in the s&p after a 14% same-store sales decline prompted the retailer to lower its full-year earnings guidance. the sales decline largely due to its decision to stop selling swim wear and other apparel at victoria's secret, and we're told that they don't make the catalog anymore which doesn't make sense molina healthcare after morgan stanley raised its raise target to $68 to $65. the analyst says that molina's turnaround effort appear to be on the cusp of suck seweding. >> big move. >> backlash in washington over the president's response to the violence in charlottesville, prompting the fate over some white house staffers in the spotlight is white house economic adviser gary cohn and what his depa

dow is now down 17.are literally as we speak getting taped in from president trump who just gave a briefing or at least a little bit of a comment on the nuclear threat coming out of north korea. the new threat that north korea has created a miniature nuclear war head that can fit, can be inserted inside a missile that north koreans already have. the second that comes in, we will get it to you. but we are getting reports that president trump is making a pretty dramatic threat of his own to kim jong un, pyongyang and all of north korea. you do need to hear this right now because now the dow has doubled its losses, down 29 and falling. this is a very, very important development. again, it was noon that the stock market hit an all-time high, up 60 points for the dow jones industrials, nine minutes later the washington post revealed that apparently they've got the capability in north korea to have the miniature, you can see from the chart here, the high and then, boom, it started to fall, but the miniature nu

just like what you'd expect around a round number like 22,000 in the dow. i'm talking about the qs but the dow volume was not nearly as spectacular but it's telling the exact same story. >> the biggest risk is complacency. netflix didn't have a specific catalyst sell but, look, been lucky, made a lot of money in the stock and i thought it's gotten stretched in that people were positive on it in that greed kills traders. take that money, i'm sitting on cash, i'm not wildly bullish at all. i'm not bearish. i want to be invested but i want to find value. >> it sounds like to me, from the conversation that i had, that according to this person that the biggest risk to investors is being too scared and being out. that there are too many good things going on in the global economic picture all over the place that you can say what you want about the lack of an agenda in d.c. being put forth but it doesn't even matter because growth is so good in other parts of the world and it's somewhat punkish here >> look at boeing. we're talking about a company -- an american co

we were up 28 right now the dow is up 13.are also keeping a very close eye on the s&p 500, which needs to close above this level. 2477.83. right now we're at 2,479, so just a couple of points above it. if we do, that will finish the day at a new record for the first time this month. while stocks swim in the green, tesla says we need to raise some green if it's all going to be able to seal those model three orders. the electrical vehicle company announcing it's trying to raise $1.5 billion through its first ever high yield junk bond offering. tesla's working through 455,000 reservations for the lower price electric sedan. 1,800 new reservations coming in daily since the first delivery of the car was made last week to tesla employees. and the rumor mill going wild over apple, which is getting ready, apparently, according to reports to introduce a new apple watch later this year that will be connected directly to cellular networks. according to these reports, the new watch will allow consumers to make phone calls, surf the web,

that's not so easy for dirk dowe of dortmund. as noon approaches, he has to quickly get in his last few puffs or face jail time. the dortmund regional court has ruled that dowe and his wife may only smoke tobacco in their own yard according to a strict timetable -- for three hours at a stretch. >> we can't smoke from noon to 3:00, but from 3:00 to 6:00 we can. then we're banned from 6:00 to 9:00, and allowed again from 9:00 to 12:00, on a 24-hour basis - even at night. i can set the alarm for 3:00, sit out here and smoke till 6:00 a.m. >> the smoke bothers their neighbors in the townhouse complex, but only since the dowes had a roof put in over their patio. as it happens, the roof diverts the smoke. >> they say the smoke drifts over from here, like in a chimney, across the fence and down onto their patio, which is a bit lower. and then it gets into their house -- specifically, into their basement and through the bedroom windows. >> the courts have been considering the dowes' roof and the air currents for three years now. the coun

and then i had the dow 20,000 hat. well, now it's racing toward the next milestone. dow 22,000.ht now as i said, we're about 22 points away from that at the moment. still, though, either way any gain is another record, the fifth in a row with the blue chip index with intel, we've got chevron, verizon, and jp morgan leading the way. but a lot of stock stories that we'll get to at this hour. and a summer slump in the showroom. new car sales not just tapping the breaks, slamming the breaks. general motors and fiat chrysler posting did you believe digital declines in details while ford also not far behind, ford seeing nearly 8% drop. so as we look at all of the stocks right now that are related certainly to this auto story, we can check and see that they are either flat, which is fiat chrysler, or ford motors down two and two-thirds percent. look at gm. down three and two-thirds percent. we'll keep an eye on the auto names for you. and, by the way, if you've held onto your lumber liquidator shares, you're celebrating today because the hardwood flooring retailer posted its first quar

let's go with the dow. what i've been noticing and what i lot of watchers have been noticing, a potential breakdown in the transports recently the transports down, what, 4.5%, 5%, in just the past month alone. is that a warning sign for the dow? >> i don't think so. i do think that the dow industrials are poised for a pullback but i wouldn't see it as a warning sign i know a lot of people talk about dow theory whenever you get a divergence between the transports and the industrials but i wouldn't read too much into it. the dow theory really, the tenets don't describe it as such so while the transports may exhibit down side during pullback, i don't see it as a warning signal here. >> what sort of pullback are we talking about, and are you seeing the same commensurate pullba pullback from the s&p 500? >> this would be a natural place for a pullback for both of the major indices. you can see they're approaching some resistance around 22,000. that's a round number. you'll notice at past round numbers, 21,000, 2

the dow is down 4points.ant, funny, insightful. all together a good guy. i think you're okay, mark. >> flattery is the mother's milk of -- stuart: my expression. connell mcshane in for neil. you, sir. connell: look at three of you. no irishmen on the set. good to see you, stuart, thank you very much. interesting to watch the market reaction, everything from going on to fire and fury, the north korean threat, some people, many people are taking more seriously than they had been. the feel of it may feel like we're on the verge of war but in addition to the markets enter secretary of state rex tillerson trying to calm everybody down. >> i think americans should sleep well at night. have no concerns about this particular rhetoric over the last few days.

sessions for the dow.ht be ten future up for the dow. let's look at currency board saw a big jump on the dollar friday up 0.7%. that was off the back of strong jobs report, and bit of correction from extreme dollar weakness in recent weeks this morning back to the weak train. dollar slightly higher against the yen but softer against the pound. oil prices were slightly negative last week in the last month have been largely positive wti soft, down 1.2%. in and around $49. much more encouraging than a few weeks ago. >>> foxconn making no bet on america. south china morning post says they'll open a facility in michigan focused on autonomous vehicles no details of the investment amount were provided they'll open a $10 billion manufacturing plant in wisconsin. worth noting michigan and wisconsin flipped for president trump in the 2016 election. >>> general motors recalling 800,000 pickup trucks for a steering defect. the problem can potentially cause drivers to lose control of the vehicle. it impacts certain 201

top story dow watch current dow futures pushing towards 22,000. the s&p 500 is the best month to february. one of the biggest names that are fiscal third quarter earnings. expected to show a profit of $1.57 a share. revenue $44.9 billion in the third quarter of apple. investors looked to see what technology giants have to say about iphone sales and whether they fall in and purchases in anticipation of the iphone it's returning us to write of the capital management chris gÖdel sentence that best and thanks for joining us. what are you expecting out of the quarter this morning? where should we be looking for in terms of the drivers in the last three months? >> and we could just get through this quarter, this quarter i think the sales of sevens and seven plus they make average selling. a real opportunity going forward. the iphone coming out, high-end phone. i think you could see his super cycle in iphone for the next quarter. on the horizon for apple, we could very well see next quarter out of apple. maria: you see the consumer a strong as you would

the dow up to another record close.&p 500 closing at a record level once again the nasdaq was the biggest gainer, up 0.5%. a gain of 32 points. dow futures up by 1.5 points nasdaq indicated up marginally and the s&p futures indicated down by 1.5 points >>> overnight in

the dow breaking that ten-day win streak after nine record closes the dow did close lower today, justionally though, a little more than .1 of 1%. the s&p 500 closing at a record yesterday pulling back a dade. down a quarter of 11%. the north korean comments really taking a leg lower for markets into the final hour of trade took the nasdaq lower. it was higher earlier in the session closing out with a loss of .2 of 12% a big hour of earnings coming for you including the first on cnbc interview with disney show bob iger on his company's results. we'll bring that to you in moments. first, it was these comments just moments ago that president trump made that sent the market lower. listen >> north korea must not make any more threats to the united states they will be met with fire and fury like the world has never seen he has been very threatening beyond a normal statement, and as i said, they will be met with fire, fury and frankly power the likes of which this world has never seen before. >> joining us today, cnbc senior market commentator mike santoli as always. michael yoshikami is her

dow coming up with a record high of that is the 30th all-time high for the dow of the

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when you think of dow stocks and the dow 30, the big america in a blue chip names. they'd be a place that investors to want find some safety >> what's interesting, we've had earnings disappointments before this one here but the market is continued higher now the market is going to go down. >> now i think you have that -- absolutely, you have the geopolitical issue that has changed a landscape. when you think about it, your markets when i came in this morning, they were down 1.5% across the board this, you know, we're not even down a third of 1% right now >> and that's where the s&p probably gives you a purer read. >> that's exactly right. so i think the sense is as much as people are clearly concerned, i think that the market is assuming it's not going to blow out of control and there will be clear heads in the end will prevail. >> what are you going to do? typical person supposed to figure out what's going to happen here and react? i mean, what -- nobody has any clue how this could play out >> no, so i think as janet said, you know, you have to be tactical about it

a week or so ago, the dow had eight, nine, ten days in a row where it was up. it's a lower index when the dow was start tog outperform, that's a defensive kind of thing. because people are wanting to be in those safer blue chip names, but a lot of them have had no ground. like boeing hasn't cracked yet mcdonald's hasn't. we talked about caterpillar. a lot are pricey >> all right coming up, home depot seeking 5% in the last week and there's something in charts that suggest more pain on the way we'll break it doun when options actions returns. i'm here at the td ameritrade trader offices. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. see options data like never before. with thinkorswim only at td ameritrade. you're searching for something. whoooo

the red is the dow jones industrial average the blue is the dax.s not perfectly accurate but it gives you a very good idea what i'm trying to prove here and that is i don't see any major flight to safety i don't see that one this is going down investors were running to the dax, running to the cac or the dow. different time i'm not sure we'll have to wait and see, i guess. the jgb, japanese government bonds, when this was at 38,900, they were over 8%. they've rarely been over 2% in years. they currently trade .07%. if 1% is like a dollar this is 7 cents. has it helped? we're still 20,000, 18,000, 19,000 away. so, you know, low interest rates aren't necessarily the panacea of fixing what is wrong with economies because it's a short cut. okay what happened here was when the banks got in bed with the government, got in bed with property owners and they're still paying the price you know, you want to know why deflation is considered the enemy by central banks because of the property values up here. that's why to try to make it whole. okay so what happen

it may very well be that they receive the dow down 22,000. 107 trading days after the dow.. 21,000. keep it here.th you are watching "fbn:am." ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. the trio to breaking news this morning for apple's stock soaring to record after beating earnings expectations "after the bell." the new iphone it could be released in the month of september. this talk of more than 6% in after-hours. they could be history making the dow jones industrial average possibly boosting about the 22,000 mark when the market opens. dow futures higher by 46 points. sbf two, nasdaq up 47. cheryl: applet is also sparking a global rally in technology stocks. overall, european markets in the red. ftse down 27 comment dax as well. lauren: stocks in japan up half a percent as well. i report on global marketer becoming a. cheryl: back at home, democrats are laying out conditions for working with republicans.

it kept pushing the dow forward.ck this week and it has come to the fore and this is a great remarkable rotation week. apple up $6 in the last six days or so and 3-m up about $7, for the last five or six trading sessions home depot up about $4 and goldman up 7 some of the banks have been doing well put it together and a nice little move up in several different stocks and sectors at the same time we've had the big market movers in the dow, this in the last few weeks have fallen back so boeing was the big mover last week. it's actually down for this week mcdonald's was a huge mover. it's actually down this week so is microsoft in the prior couple of weeks. it's also down this is what i keep going on, the rotation is what's going on. the close at the moment. the bizarre rally we've been seeing in the dow industrial the last six days. the white line there's the s&p 500. s&p is flat. it's actually down a point in the last six trading sessions. the dow jones industrial average is up 270 points because we get keeping this r

the dow up 20% since president trump won nine months ago.s is the dow's sixth straight record close. the 49th record close since trump won. the president saying the u.s. is in a golden age for entrepreneurs, businesses big and small, he praised his administration for lifting the smothering blanket of regulations on companies and job growth as obamacare and tax reform have stalledoud. >> today, the stock market hit the highest level that it has ever been. liz: again, fighting over tax reform under way in congress, infrastructure spending, yet to pass. on capitol hill, the president yet to score a big win, overseas and domestic growth making gains. weak dollar helping overseas profits reported stateside here. let's take it to nicole petallides on the floor of the new york stock exchange with the latest. >> reporter: everybody loves the confetti. we love the hats. got the hats, the 22,000. it really is a feeling of confidence here on wall street. it's not really the number, but we're loving the big picture because we're seeing people making mon

day two on dow 22k watch.e all the fancy graphics ready to go once we get to 22k, could happen right at 9:30,i do hope you'll be there when it happens. i have a fact for you between now and september 29th, the house and senate are only in session at the same time for 12 days. you think we will get tax cuts by tend of the year? >> no. >> you think we will get a budget deal by the end of the year? >> no way. they like to borrow money, so, yes. [laughter] stuart: we will take you to capitol hill and that's a promise, the judge regardlessce of. [laughter] and helps block 6 key inflammatory substances with a gentle mist. most allergy pills only block one. and 6 is greater than one. rethink your allergy relief. flonase sensimist. ♪ is everything ok?adt, i could hear crackling in the walls, and my mind went totally blank. all i remember saying was, "my boyfriend's beating me" and she took it from there. when a fire is going on, you're running around, you're not thinking clearly, so they called the fire department for

the dow up 19% since the election. nasdaq up 20%.o the s&p right up there at 14% but will the president be willing to watch this victory go up in a cloud of smoke? literally. you know, he's got to do the right thing. charlie gasparino is here. how does the smart money, it sounds cold, but how do they prepare for sfwhar. >> great question, and when we say u.s. is a safe haven for maybe global investors if there's a nuclear war in asia, i mean, it sounds cold when you say that, but you know, that's how investors -- they prepare for the worst. here's the interesting scenario, you brought up the yen, why is the yen up before, maybe because it was beaten down on fears and investors don't believe this is going to turn out to be much. there's a buy here. i hear that a lot from investors from our market, they're downplaying the seriousness of it, that this will be just -- listen, i'm not saying they're right, could be catastrophically wrong, because if nukes -- if there is a war, it's bad for the markets, market's going to get crushed. >> ma

the dow is up 43 point right now. you're looking at air force one, president trump is about to head out to vacation. there's a look at air force one at joint base andrews. the market's hard at work, no vacation with the dow racing to eighth record close straight. folks, this would be the longest winning streak since february. and two big automakers are playing their trump card as the president continues to push companies to bring back jobs to america and operations to america, toyota and mazda are saying, not so much. they're joining forces to build a new $1.6 billion factory in the u.s. that would produce 300,000 cars annually and create 4,000 jobs. they also are putting something together in mexico, and president trump says the companies better not, they'll be slapped with big tariffs when they try to sell cars in the u.s. how about this? if you can't buy it, replicate it. google having express interest in buying snap last year, reportedly working on technology that could create visual media content along the lines

it's a dow component. dow industrials, 22,017 at this market.kets climb the wall of worry and chaos day after day. >> they do. look at financials, they have been a big part of that, jpmorgan, bank of america, citigroup, they're all up or at their near recent highs. i think there is a lot more room. i think they start returning capital to dividend and stock repurchase. liz: you're not worried about a correction? >> you always have to worry about it but i think it is opportunity to buy more. because i think the business environment nationwide is better than in a while. liz: nothing like a good american business to invest in. mike murphy. dow tacks on 22, off the highs of the session. melissa and david. here it is "after the bell." big earnings coming up. melissa: stocks on a roll. the dow closing higher four straight days despite the news from trump tower. nasdaq also ending in the green. hello, i'm melissa francis. david: i'm david asman, glad you could join us. here are the big market movers and what else we're covering for you in a very busy ho

let's focus in on that dow we talked about the dow component.he component a lot here you were once a big fan of general electric >> i was and i still tend to be because i thought they needed a change and they've moved in that direction. how long is that going to take none of us know. i think you've got to give the new ceo a couple of quarters this is just in. he just stepped in august 1st. so this is something where i think over time, can he fix this, i think he can they've bought high in the energy space sold low on the financial space thand and that makes the difficulty of what ge is today >> every time we have a new ceo, we talk about the kitchen sink of the beginning, so that could happen not like it's trading with huge expectations, but i think there's value to be unlocked here and when you have a new guy in, none of these are his baby, so he's much more open to doing a transaction. i think interesting. i don't think there's a ton of downsize and you have a tiny, tiny catalyst. they're there. >> isn't it within the real m of possibility, ev

the dow is up 12 points.500 had a record close, rising less than half a percent while the maxine waters crowd including maxine herself doesn't see it that way. >> what about the job promotions around the country, coal jobs? you don't think that is related? >> no, absolutely not. he's not really created substantive number of jobs. he's made these people believe he's going to bring back the coal industry. it is not going to happen. you see the dow hitting an all-time high. you see unemployment at record low numbers, are you willing to give him credit on the economy, that he's making some progress? >> absolutely not. liz: let me correct myself, the dow is up 25 point. joining me jonathan hoenig and scott martin. jonathan, most consecutive record closes since february. 35, since president trump took office in january. how can maxine waters deny that, jonathan? >> i don't think she's denying the market's at alan all-time high. i heard maxine waters denying the president is going to bring back coal jobs. she's righ

down about 32 points for the dow. again, a muted negative reaction to the ongoing tensions in north korea overnight. let's have a look at what it's done to asian trade which is a little bit more pronounced to the negative side. hong kong in particular down over 1%. but elsewhere, you haven't got too much happening shanghai, south korea down just 0.4% for those two markets. north korea fired back at president trump's -- in a term of words -- north korea in this war of words responded to donald trump's threats of fire and fury overnight calling them, quote, a load of nonsense this is just the latest in a growing war of words between the u.s. and north korea thankfully just a war of words let's get right out to cnbc's sherry kang live in seoul, south korea, with the latest. >> thank you very much certainly upping the ante following up on the threat that it made yesterday. north korea's state run media kcna saying it will get ready for four rockets so they could land 30 to 40 kilometers away from guam. and we have a timin

as for the dow, low of the session with down 180 points.the tense relationship here at home about taxes between the house ways means committee chairman kevin brady and the house freedom caucus, that could bring stocks down even more because we are anticipating tax reform. joining us now charlie gasparino with the latest battle rocking the gop right here at home. charlie: the market is interesting down 190, may be down 200 points. we should point on days today, dog days of summer a lot of traders out there are on the beach. volumes are average. a few negative trades could send the market down fairly significantly and we have a 200-point dropoff. lauren: you don't think it's significant, though? >> i don't think so after the run-up we had. there's two points. north korea clearly is there and tax cuts, particularly corporate tax cuts for -- in the next tax bill and what we are getting out of washington and i will tell you, traders do have sources in washington, there's all the services believe it or not that track what's going on in washington

meanwhile, the dow hanging in there nicely. up 192 points at 21,896 on the dow.ong day of buying on the markets. coming up next, the company that makes it easy to send legal documents to securely over the internet is now helping the trump white house cut red tape. how about that? find out how the silicon valley firm let's your more secure. docusign ceo will join us exclusively next on countdown get between you and life's beautiful moments. flonase outperforms the #1 non-drowsy allergy pill. it helps block 6 key inflammatory substances that cause symptoms. pills block one and 6 is greater than 1. flonase changes everything. cameras. introducing the newly redesigned gla suv. at a price that'll make you feel like you've gotten away with something. the 2018 gla. lease the gla250 for $359 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. everything i did circled smaround that cigarette when i started taking the chantix that urge just slowly diminished and it was a great and empowering feeling. along with support, chantix (varenicline) is

something else to keep in mind about the dow plus gain today. let's take a look at mov on the bloomberg picked this looks at the movers within a given index. you can buy index points, which individual stocks are contributing the most. we had the scatterplot on the upper right. tc most of the stocks that are detracting or contributing, and the range of 20 points to the dow's gain. then you have one stock way over in the corner. that dot is representing apple, which is accounting for 54 points of the dow's 40 point game. if you subtracted apple's gains today, the dow would not be higher. as far apple stock individually and against we are seeing, it is still up by 5.3% after the company's revenue forecast for the second half of the year, investors hope the apple iphone 8 will perhaps not be delayed. those shares getting a boost. we're seeing other earnings reports dragging down other sectors. we have drug distributors lower after cardinal health's result, the company's forecast for the full year to trailing estimates. the company's management on th

dow chemical. the leading manufacturer of plastics in the world and the third largest manufacturer of pesticide. chemical has an annual turnover of forty billion dollars and fifty thousand employees around the globe. in the wake of this chemical giant there's an industry of staggering profitability and industry in a frantic race to innovate each year there are new toxic products reach the market these multinationals all have one thing in common a culture of secrecy. this is a weekly test of the no weather radio all hazards warning device for station twenty eight in philadelphia pennsylvania during potentially dangerous weather situations specially built receivers are automatically activated to warn of the impending hazard tests of the signal are normally conducted by the national weather service in mount holly new jersey every wednesday between eleven am and noon if there is a threat of severe weather during the normal test time the test will be postponed to the next good weather day reception of t

let's begin with the market and your money and the dow's march from 21 to 22,000. dom is going to show us how we got here dom, give us the long, hard road from 21 to 22k. >> it wasn't that long or hard it was back on march 1st when we first crossed over that 21,000 mark not that long. all of us retail investors out there are feeling richer because of it. here's the march the biggest point contributors, no secret here, we've been saying it for a couple of days now, boeing shares marching from 21,000 to 22,000 mcdonald's a stellar performer up 175 points. united health and apple rounds out the mix. a total of six companies have made up the 1,000-point gain so far. as for the biggest losers, ibm, big blue dragon dragging 255 points and general electric down those stocks weighing the most we'll see if they can turn that around guys back over to you. >> let's check in with bob pisani hi, bob. >> technology will continue to be the leader. weaker sectors will head to the forefront. energy and financials, the trick here for energy, oil stocks get them over -- get oil over

the dow juggernaut rolls on, and on and on. several weeks ago, of course, it was the other two big indexes, but now, that's changed. after watching the nasdaq and the s&p notch record after record, the dow has decided to join the fun run. and, boy, has it. today, the dow scored a small gain, but it was enough for the industrial average's ninth straight record close and tenth consece overall gain. not much left to add to that, so let's get to the numbers. the dow rose 25 points to 22,118. nasdaq added 32. and the s&p tacked on 4. it also closed at a record. >>> while we sit at record levels, there's always concerns that the market is too pricey, but noted investor leon pros haven't he doesn't thin gotten too far ahead of themselves. >> i think the market is fully value on fundamental basis.e eu. optimism for sure. look at all the strategists that make a forecast a year out, nobody has a down market which makes you scratch your head and worry. >> cooperman also said his firm's biggest position is in google's parent, alphabet. alp

we can see obviously the dow, we were talking about dow stocks earlier, quite a rally this is a pretty small little move to the downside i still think if you're interested in buying protection in your portfolio, you have the opportunity to do that i'm looking out to december, you can spend $4 to buy those, that's less than 2% of the price of the diamond etf inexpensive way to give yourself a hedge to the end of the year, gives you a little bit of leverage in the event we see sharper moves to the downside. >> what do you think >> let him go on the charts first, i want -- >> you go on the charts. >> you broke that up trend from the -- >> sure, and here's the -- nothing has happened i mean, think about it okay, so we had an all time high, a week or so ago, it was tuesday, s&p was what, 24.90, that number sticking in my head, we're down 2.6%. it's like nothing has happened and the feeling is though the market died. this is just a salvation of what could happen and all depending upon a few big stocks. the top five stocks in the s&p are the same value as the bottom 250. that's going to deter

chevron one of the dow stocks that led this advance. verizon and jpmorgan, all with good days today. all in the green. now from this point forward, now that we have heard the closing bell ring, it is all about anticipation and build-up, what will apple have to say about the most recent quarter. we're expecting a 11% jump in earnings. that is what analysts are looking for. much more importantly, melissa, as you know, anything at all about the iphone 8 and the next quarter. we'll be on watch when the numbers come out but now back to you. melissa: thank you, connell. see you then. david? david: the dow marching closer to 22,000, president trump is taking notice. take a listen. >> stock market reachedded all-time high today, all-time high today, think of it. nobody ever talks about it. they don't talk about it. [applause] david: let's bring in today's panel, jonathan hoenig from capitalist peg hedge fund and gary kaltbaum, kaltbaum capital management. both fox news contributors. it is not only the dow, gary but companies are making more mon