i didn't really help the dow.he same time whether it's orange juicer bluejeans or bourbon, these are all american-made products, american companies that will probably had a third-quarter season going to tell us we've got a problem with exports. >> thing to remember is the fed has been very hyper focused on inflation and if we start driving up the cost of the supply chain by putting tariffs on some of these things, that is going to be inflationary. it wasn't just a few months ago when the inflation number picked up in the market freaked out and sold off. inflation is going to be something we look at very closely as the months go on. cheryl: we were just talking about the cost of a washing machine. the earnings picture from the second quarter. jonathan, mitch, thank you. appreciated. gerri: coming up, dry weather and gusty winds in california will not help firefighters battling wildfires there. janice dean has the forecast and who is that girl? cheryl casone graces the pages that not one, but two magazines. stay wit

the lowest dow component to the smallest dow component we saw boeing's rise, that is throwing that raishio out of whack -- ratio out of whack. >> it's been out of whack for a long time. >> in terms of the stock, they said dividends remain the same they will address it for short term, at least at what point does it flush itself out i go back to cowan, seven, eight months ago, they put a price target on it >> that's in the crosshairs. >> i think the time frame it will take, get rid of the debt be able to sell off the assets, energy is starting to be a boone for them it takes time, it's the one thing, it's how patient do you want to be with this stock the time frame so the debt ratio they got >> it's not like they haven't. >> it makes some progress. it's a massive >> that's a huge number, still go ahead >> you are right i think it's all about transparency, essentially, what kind of loan provisions they have to put up against ge tap? it's in the health care business you get more transparency, the assets are there, there is a value. i don't care about the earnings, i know they will be a buck fo

also likely pushing the dow negative for the year. aside from the trade talks that are sending an sending the dow futures down, the other big story is around immigration and the trump administration defending its immigration policy despite growing outrage. tracie potts has more. >>> it's growing from democrats, republicans, all sides here. two more former first ladies, michelle obama and hillary clinton expressing concern about how this zero tolerance policy is playing out sounds of anguish from behind a chain link fence migrant children sleeping on floors, wailing for their parents, mocked by a border patrol agent >> the audio provided by a civil rights attorney not verified by nbc, is sparking outrage >> they need to end this policy. it is unconscionable, it's immoral, it's wrong. it's unnecessary >> this is government sanctioned child abuse. >> reporter: a strong defense from the trump administration. >> we have to do our job we will not apologize for doing our job. >> reporter: president trump blames democrats for a law that does

not the dow index and i don't think thatould serve anybody. >> david blitzer with s&p dow jones, thank you, sir. >> thank you. have a good evening. >>> does ge's removal from the dow provide an opportunity for investors to make portfolio changes? we're joined by chad,he portfolio manager. this is held widely in index ua funds, m funds, iras. what happens now? >> well, there may be rmshort- selling pressure as it leaves the index, but overall for t long run the company is going to be trading based off of its fundamentals, and theam futals for this are somewhat cloudy at this point. this company neverfr recovered the great recession. >> this is a stock that my grandparents have owned, my parents haveowned, i have owned. so what indicors do you look for now to say, yes, hold onto it, no, cut your loss and sell or now is a great time to get in? >> management has to show that they'rping it simple, that they're going to reduce debt, they're going to change the properties and perhaps spin a couple of them off so it's easier for portfolio managers and individual investors to understand the bus

the s&p and nasdaq up as well, but trailing the dow >> the dow and s&p had the biggest gains in morehan three weeks, pushing the major averages into positive territory for the month of june. they are still down, though, this week. nike is a huge part of the story, leading the entire market higher today after the blowout earnings expectations were high going in for nike, but the company manages to surpass them. how? they looked to return for growth in north measuriamerica, and ni that with 3% growth, and upped its forecast for the year based on what they are seeing. that was a surprise. china is growing, and the innovation, investors particularly love the higher margins, average selling prices, and overall, customer response to the new products like vapor max and epic react those are the number one and two performance running shoes now priced at $125, so can it continue here's what the ceo mark parker told investors last night. >> we see strength across both product types, store and apparel, both competitive marketplaces for nike and north america, but around the world. we see the res

what you ask is the difference between the dow and the dow transports, the names involve transportation, the choo-choos and fedex and ups. ups is down nearly 2%, it has come out and simply said, this is going hurt us. we do a lot of business, sending stuff to and fro from china, fedex coming up with earnings after the bell today, and kind of given a hint this is a problem. you'll hear more comments about fedex, checking that before the end of the hour. wall street's fear index, the volatility index reflecting the sentiment, trading at highest level since june 1st. up for two consecutive days, jumping 8.33%, a little fear easing out of the markets at the moment. the 10-year treasury yield gives you the best sense that there's a flight to safety at the moment. when the yield comes down, that means people are rushing into treasuries. this is the lowest level, 2.89% since may. so as we see safety of government bonds reflecting the sentiment. take a look at the individual stock groups that have been impacted by trade tensions. no surprise here, steel stocks tarnished that the hour. the s&p 5

old dow dow jones said they want the dow industrials index to be representative of the u.s.eryone agrees that industrials stocks are a little bit overweight in the dow paradox. it's about industrials about 23% by price weight. remember, price weighted in the dow. that's more than twice the weighting in the s&p 500, of course, is market cap weighted okay fair enough. getting ge out will slightly reduce the weighting of industrials but by about a percentage point or two. what is odd is the choice here consumer staples, which is walgreens, is well repsented in the dow already it has walmart, proctor and gamble, coca-cola in it now. it's a weighting of almost 6% before walgreens goes in it won't change too much here. what is underrepresented is technology here is where everybody was wrong. it's 18% of the weighting in the dow jones industrial now so you've got ibm, intel, microsoft, sisco, as well. that's well below the 26% weighting of the s&p 500 i was betting this, as well. now i get leaving out amazon i get leaving out google even netflix they would distort the index. facebo

right now the dow indicated up by 118

apple is the biggest weight in the dow. it's the biggest in the dow by extension. if you had a different name in the dow instead of apple, it might not be a divergence at all. and c, it doesn't have google or anything up 0.6% on the week. 0.4% on the week the s&p is down 0.6% it's a wash. so i don't think despite the fact it's eight days of a closing lower than the day before, i don't think the market has changed at all materially from where it was two weeks before i just don't believe it's important beyond today's look. >> mentioning in terms of momentum i think this is indicative of investor sentiment growth at any price it seems like has continued to be most people's strategies. and, you know, everyone is looking for uncertainty in the markets. given the policy and trade and, you know, regulatory questions people have in their minds at this point that means further crowding into these trades that have excellent fundamentals will be more vulnerable to these shocks and perhaps to selldowns >> i think that's a good point and one thing i want -- you know, it's a lit

dow down 2% right now. gerri: stock futures looking pretty good here pointing gains for the last trading week, dow up 16 in premarket trading, the nasdaq up 47. cheryl: i meant to say dow 2% for the year. taking a look at europe, eu leaders have struck a deal on immigration at the summit that they were holding, that has given investors relief. stocks opening pretty high right now. ftse is up 1% and look at the dax, up more than 1 and a half. gerri: big deal. like wise in asia, stocks soaring. shanghai composite bouncing back over 2% and in hong kong up nearly 1 and a half percent. cheryl: investors will want to stay tune to fox business as maria bartiromo sets get to interview steven mnuchin, mick mulvaney and white house adviser ivanka trump and many more in washington. that's all this morning. fbn:am starts right now. ♪ ♪ gerri: good morning, it's 5:01 a.m. in new york. good morning, i'm gerri willis in for lauren simonetti. cheryl: good morning, everybody, i'm cheryl casone. we begin this morning with 5

the dow lost 103 yesterday. all of this of course is on the fears of a potential trade war with china and some other countries after the president threatened to impose tariffs on $300 billion in imports. the markets under pressure. jonathan hoenig, hedge fund manager at capitalist fake.com. what do you make of this selloff in the potential retaliation? beijing said on friday to make it our farm products, cars, crude oil is a piece of retaliation. >> use of the farm products dropped precipitously yesterday and again this morning, cheryl. the president said he wanted a trade war. it was easy to win. he's got one you see so far tremendous selling in markets across the world because we know what the net result of this tariffs are taxes on americans. we know that they raise prices that authority started to rise like items like lumber and washing machines. this is a tremendous act of self sabotage by americans, by the president when it comes to earn economy. the biggest risk in my estimation as these trade wars with c

doun dow down 341., what are you watching >> i continue to monitor the notion of how much treasury rates seem to be ignoring the soft patch in the stock maetrk why? that's what we'll talk about after the break. how do you know you made the right call... ...you just do. the light beer you've been waiting for has arrived. lower carbs. lower calories. higher expectations. corona premier. welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. save up to 15% when you book early at hollidayinn.com save up to 15% when you book early that's confident. but it's not kayak confident. kayak searches hundreds of travel and airline sites to find the best flight for me. so i'm more than confident. how's your family? kayak. search one and done. >>> i'm melissa lee. here's what's coming up on "the halftime report. the tech selloff, is now time to take cover plus, one big tech name gets an upgrade. the stock up 40% in a one-year period >> and jon najarian is tr

the dow up 77 points. off session highs, but the s&p up a third of a percent and the nasdaq too up 34 points. >>> coming up next, the president said it would be easy to win a trade war with china but markets certainly yesterday seem to disagree. it was painful but our next guest says china would take the pain in the trade war with the u.s., but is the economy ready to do what it takes to win? that's the question. "countdown" coming right back. your insurance rates skyrocket after a scratch so small you could fix it with a pen. how about using that pen to sign up for new insurance instead. for drivers with accident forgiveness, liberty mutual won't raise their rates because of their first accident. liberty stands with you. liberty mutual insurance. you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. add-on advantage. and now you know.ed- jar

the dow down six days in a row. the dow was down 124. s&p of 9.5, nasdaq up 23.5.l: stocks in asia seem green as well. the shanghai yuppie quarter of a percent. the hang seng up three quarters of a percent. >> optimism is feeding into europe as well. the ftse up 96. cac and dax in the green as well. gerri: did tom brady just hint at his retirement? "fbn:am" continues right now. cheryl: 5:32 a.m. in new york and it's wednesday, june 20th. good morning, everybody. i'm cheryl casone appeared gerri: anat gerri willis. that is the debate. the immigration debate. homeland security secretary kirsten nielsen forced out of a mexican restaurant last night after an angry socialist mob confronted her. listen. >> shame on nielsen, shame on trump. shame on nielsen, shame on trump. shame on nielsen, shame on track. gerri: can even go to dinner. senior policies at the independent women's forum. state representative and republican u.s. senate candidate. this is a big issue for the trump administration entering iraq to of criticism for its family separation policy as you just heard.

dow futures are up nicely. the dow indicated up 200 points.terday we had a futures move that turned out to be wrong. still we're up 167 points for the dow. here's your stat of the day. if we finish up more than 0.8%, june will be positive. you know why right now we're down 0.8 % for the month. so there you go. do the math. >>> what's happening this month? oil. oil has had a heck of a june crude oil up nearly 9% for the month. right now down 0.31% what is in store for oil and what does it mean for your money? let's bring in dan eberhart from canary oil we know these ducs, drilled but uncompleted. you will hear that term, there are thousands of them across america. if oil prices keep going up, will we see your industry start to drill more? ultimately then sending prices back down? >> yes i think we'll drill more we're in the process of drilling more there's a tight market developing i think there's not a lot of spare capacity from opec i think prices are headed higher >> how high? >> i don't know. i think we could be in the 90 to 110 range to ex

the dow higher by 200. positive for the month and nasdaq, though, that's been the big outperformer on pace to close higher for an eighth straight investors struggle with three risks. how to quantify the risk of a trade war. second, the threat of a longer dollar now up 5.8 the last is a flattening yield curve as investors buy up treasuries that's a source of concerns for the financials you'll see the banks are higher today on positive, relatively positive stress test results the xlf snapping a 13-day losing streak will technology be able to come out as the best performing sector this quarter as energy continues to rebound take a look at the nasdaq up 7%. tech seen as more insulated from this trade dispute, though should point out overseas markets have been caught in the cross hairs. the shanghai composite posted the worst quarters since the first quarter of 2016 when we had the devaluation fears rise south korea down 5%. overall traders saying asset managers pitching to go international have to rethink wheth

the dow jones dropped 328 the nasdaq was down 160 or more than 2%. the s&p 537 fell bob has more on today's selloff from the new york stock exchange. >> stocks sold off as trade tensions rose again today with the dow erasing all of its gains so f injune, and ending in corrective territory. it was risk off ally, with the usual crop of industrial stocks and materials down, those are trade worries that happens all the time. the damage is a little broader thant t today. they also gave investors an excuse to take profits on overheatsed gains. netflix fell today after surging more than 100% so far this ye. tflix isn't in china. other stocks like amazon, facebook, alphabet, they wereut all down a 3%. other big momentum mes like ali baba and twitter were all down singledi ts. even the small c russell 2000 which had been immune to trade war worries dropped 2%. the wall street journal reported presidentbrump might c chinese investments in u.s. tech stocks. they suffered theirin worste day decline in two months. sphb has fallen more than 4% over the last two we

the dow is down 89 points. had been down 280 points, and for its worst part of the day, the nasdaq down 56. right now the nasdaq is down just 14. so we're looking at a situation right now where we see the comeback. as we look at the s&p, it did briefly turn positive but bucking the trend all day. the dow transports up at the moment, and remember, federal express is a member of the dow transports. transports are up 67 points. thanks to crude oil tumbling 2.7%, the settlement is $65 per barrel ahead of next week's opec meeting where russia and saudi arabia are expected to after a year and change of cutting outputs to make the supply lower and the price go higher, they are ready to raise outputs. what does that mean? more supply, price goes down. $65 even in the after-market session and energy is the biggest loser. marathon oil, anadarko, halliburton and apache all of them falling more than 2%. not all stocks are feeling the chill of impending trade skirmish, war, what you want to call it. canada goose surging aft

one specific name is hitting the dow.e years at the helm of the world's largest semiconductor company and doing well for the ceo. today comes to an end for brian krzanich. this is video from years ago when i covered three days in the valley. a fox business three-day event in silicon valley, and we always interviewed some of the biggest names and ino varieties, brian krzanich resigning as ceo, news came out this morning. leaving the board after the investigation found a past consensual relationship with an intel employee, clearly outright broke the rules of the company. this as news broke just a short while ago, krzanich is entitled to $38 million wacha way payment known as a golden parachute in accelerated stock awards after voluntary termination. looking at shares of intel, a $5 billion hit to the company today alone. down 1.24, trading volume of 38 million shares. deirdre bolton covering the story in the newsroom. and, you know, married, had a relationship with an employee. if he's the ceo, everybody is an underling, ri

the dow is sinking triple digits it was down more than 400 points it is dow for the ninth times in ten is the nasdaq getting hit of the biggest decline. investors are going into safety, u.s. government bond and yields on the benchmark, 10-yr note yield. 2. 2.88 on the 10-year. as far as groups, all down of 2% 10% off recent highs there you see some of the damage, technology is by far the worst performing sector by the group. >> harley davidson is caught in the middle of the trade war moving manufacturing to europe to avoid e.u. tariffs that would raise the price of harleys over there. fill lebeau is joining us now from chicago >> those go into effect in september. the prices are gone up substantially. harley davidson is planning to move vehicles built in the u.s. and shipped over to europe we'll fly other way to supply to europe so we are not sending as many from the u.s. from there. the eu tariffs will go up 31%. what does it mean for a price of a harley davidson deeper ship over there it will go up on $2,200. harley is not passing that along with customers tl compa if passed onto dea

look at the dow, the nasdaq up 25. stocks, higher on news of antiestablishment party struck a deal to form new government. 5 days of political chaos. all steadily in the green. gerri: dax on fire. over in asia, mixed picture with stocks but higher hong kong and south korea. cheryl: first the seats got smaller and then they took away the food, now the bathrooms are shrinking for airline passengers, what are they going to do to us next? fbn:am continues right now. ♪ cheryl: almost 5:30 in new york. friday june 1st, good morning, everybody, i'm cheryl casone. gerri: good morning, i'm gerri willis for lauren simonetti. we all feel a little bit of frustration. cheryl: now you're going to shrink things even on us. gerri: i don't know how we cope. moving on the news now, today president trump will read a top secret letter straight from the desk of kim jong un. meanwhile a north korean delegation heads to washington after days of high-stakes talks with secretary of state mike pompeo. cheryl: ellison barber live in washington w

we're higher by 37 on the dow. nasdaq by 21 s&p is s&p up around 3 take a look at the bond market where treasuries are fairing right now. the u.s. ten year yield at 2.88%. >>> in tech news, a uk judge radio rule on the fate of uber's london licenses as early as today. >> reporter: and let me set the context. last september that the regulators said uber was not fit to operate in the uk capital, it raised concerns about the corporate responsibility, about the security of the passengers uber was carrying. and this is the second day where we could get a decision. uber in court yesterday was very humble, it accepted that tfl decision, said they were right perhaps not to give us the license, but they listed off a number of changes that they made to address the concerns including the way they report incidents to police for example. they have introduced a maximum driving hour policy for its drivers. and a phone line for people who need emergency help with the service. the ultimate message from uber is we've changed we are

dow down 276 don't go away. you always pay your insurance on time.tle bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. >>> good morning it's 11:00 a.m. in washington and 11:00 a.m. on wall street as well and "squawk alley" is live. ♪

jens: well, it was 1896 when charles dow came up with his famous dow jones industrial average, and asou mentioned, ge was part of it back then. but the good days seem to be over for ge. just in the past 52 weeks, the stock actually got hammered by about 55%, meaning the stock price cut -- got cut more than half. what does it mean looking forward? maybe not that much. because we see that quite often. before a stock gets kicked out of the dow jones industrial average, we have already seen most of the pain, meaning stock prices have been under some pressure so that ask her the removal, we see those stocks actually once in a while outperform the broader market. so at least when it comes to the stock price, it does not have to be doomsday for general electric. fanny: briefly if you could, what does that mean that general electric is out of the dow? jens: it tells you quite a bit of how the u.s. economy looks like in general and what are the main drivers. obviously not industrial corporations, even if u.s. president donald trump would like to see the u.s. become a strong industrial nation a

intel, way worst performer of the dow can, down nearly 4 percent. but remember last year its ceo stepped down after it was revealed that he had what the company says is an absolute no-no relationship with an employee at the company. he is married, he's got kids, so intel said, you know, it's in the rule book. he left. but we've also got a stock that's bucking the down trend, campbell's soup. has nothing to do with chips, right? except potato chips if you want to eat them with your soup. the new york post reported that kraft heinz is interested in buying campbell's soup and could start a sales process soon. that stock is jumping nearly 9%. general mills may also be interested in being a buyer here, so campbell's soup is currently the best performing stock on the s&p. kraft hines down half a percent, general mills up nearly a full percentage point. but relate us get to the more -- let us get to the breaking news here. the trump administration is moving ahead with its plan to curb chinese investment in u.s. technologies. the white house calls industria

the dow is up 117 points kelly? >>> thank you.the "closing bell", everybody, i'm kelly evans, the russell with the rebalance, generates biggest volume, and in the last couple years, the biggest volume the market has seen the dow had a begin of just 119 points, managing to break the eight day losing streak, but we did come into this the last coupling minutes of trading there. the blue chips close, and s&p up 5 points, 2754, nasdaq weaker, shedding a quarter percent today, same with the russell, and russell is 1685. now, the price of crude oil serged nearly 6% after opec modestly increased output today. not as much expected whether the price is climbing, going over 70 a barrel, and what does that mean for the summer driving season we'll get into all of that coming up. joining me on the panel today, barbara from north bridge wealth partners, and evan newmark on a friday welcome to you the winner on the week was verizon, caterpillar the loser, taking it on the chin as the market is concerned about trade wars over in the s&p, darden re

, half a percent for the dow and s&p.ustrials given linked to trade materials down there as well, down 2%. technology suffering to the tune of a percent telcos the best performing sector utilities follow that. consumer staples with a bounceback being negative yesterday. let's zero in on the dow's top performers verizon tops the list, upgraded today to buy from hold by deutsche bank, and then johnson and johnson followed by pg, and walmart. consumer staples having a good day after suffering yesterday. second worst performing sector yesterday. bounces back today shares of apple jumped more than 50% since president trump took office in january 2017 could a looming trade war slow the stock down we'll discuss how the tech giant could be impacted. that is coming up next >>> later, the nasdaq coming back now after previously being on pace for the worst day in nearly two months. breaking down the biggest movers coming up here on "closing bell," down a half percent and dow down 329 points. back in a couple [phone ringing] need a c

best part of a percent decline for the dow, s&p, and the -- sorry, nasdaq, the dow, and s&p down threeers of 1%. coming up, almost every vp is speaking out in the first appearance since leaving the ad giant. what he said about the former employer and interesting comments about his new venture >>> shares of chipolte up 60% this year. can the companies keep it up we go to the new york kitchen for a new look at menu test items. whoooo. when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 booking sites ...to find you the lowest price... ...on the hotel you want. don't sweat your booking. tripadvisor. the latest reviews. the lowest prices. with the new chase ink business unlimited card i get unlimited 1.5% cash back. it's so simple, i don't even have to think about it. so i think about mouthfeel. introducing chase ink business unlimited with unlimited 1.5% cash back on every purchase. >>> welcome back, dow down 22

we will see what the dow does. energy is helping out the dow and also watching microsoft.re making waves with their latest move the behemoth of technology putting a massive data center under the sea. you heard me right on that one. the 40-foot long submarine like structure that can hold 864 servers that's being installed on the seabed near scotland's orkney island. microsoft is more cost efficient and easier to cool down. i guess that makes sense. shares of microsoft right now on the downside. a lot of technology names are right now about 1.5% down. attention all you java fanatics or triple grande cinnamon dulcee expensive. what's new with starbucks? >> it's a beautiful day for a price increase, the third time in three years. how much and what averages? he you'll have to stay tuned to find out. hi. i'm t he only bed that actually senses your movements and automatically adjusts to keep you both effortlessly comfortable... does your bed do that? i'm the new sleep number 360 smart bed. let's meet at a sleep number store. betty called me at she thought it was a fire. it was wo

nasdaq worst performer down 2.6% dow down 1 po.8%.rade contentions continuing, dow on track for the lowest since may now. >> one theme about trade, international stocks selling off more, and today is u.s. is playing catchup. >> not just overnight, as you know, but the whole last period coming into this >> or catch down, not catch up we have all the details on the elevating trade disputes from washington for us today, kayla >> reporter: the principals on trade at the white house are meeting this week to timize a -- finalize a plan that's intended to limit technology. there's still some divisions, among administration officials, on this scope of the limits, on the ownership levels they should apply, and a potential look at outbound u.s. investment into china. we see these administration officials, what they decide over the course of the week the white house confirmed larry kudlow is back at work after suffering a heart attack a couple weeks ago we'll see if that shifts the dynamic in the room, ideologically at all they are implemented w

the dow up 300 points.s like for some people that's a sign america is losing the trade war with china. but up here to tell you i'm not worried because we are winning in a lot of different ways. china is dealing with serious issues including right now that country pumping in billionsf

dow still end the week in the red.220 points for dow jones industrials. [closing bell rings] commerce secretary wilbur ross meeting with the chinese on trade. watch out for headlines. have a great weekend. cheryl: stocks ending a wild week with a nice rally. check out the dow right now, up 217 points. it got a big boost of course from the solid may jobs report. s&p, nasdaq, now up two weeks in a row. all of the major averages closing higher for the day. it is nice to see these numbers on a friday. nice to see all of you. hello, everybody, i'm cheryl casone in for melissa francis today. david: good to see you, cheryl. thank you for coming. thank you all for coming. i'm david asman this is after the bell. more on the big market movers. here is what else we're covering for you. mark your calendars. the summit for north korea is back on

dow managed to avoid i longest losing streak in more than four decades. now investors wonder, what next? > opec agrees to pump more oil. kind of. the deal sent energy shares spiking and oil prices jumping. >>> pumping the brakes. the white house threatenss tarin all european cars and that could make your next bmw or audi much morens expee. all that and more on "nightly business report" for friday, june 23rd. >>> geepg and welcome. i'm tyler matheiln in for b brewer. >> the broader market rally today on all street, the underpinning for that, energy shares rose. exxonmobil and chevron each up more than 2% after opec's decision to rai output. only moderately. that in turn also sent oil up the most in one day since november 2016. brian sullivan is in vienna tonight. >> opec did what president trump wanted it to do but likely didn't get the result he was looking for. trump tweeting today hopell ope ncrease output substantially. need to keep prices down. the group did agree to increase output by as muchs one million barrel az day, but oil prices rose instead. o

the dow was down 168 in the premarket. the dax in germany is going to try again to vote on another big issue lawmakers failed to pass the conservative bill last week and lawmakers are now under severe pressure from president trump who's trying hard line even in the public anger over the border. we cannot allow people to invade our country when somebody comes in we must invade illegally bring them back from where they came. our system is a mockery to good immigration policy and law and order. >> trunk previously told congress to stop wasting his time until after the election. house judiciary committee chair bob goodlatte will keep pushing his bill. >> this bill does address allowing children to remain with their parents in detention. many other things with people searching our borders the highest it's been during the trump administration back to levels we saw in the obama administration which have a much more permissive policy. people are figuring out the loopholes. we've got a close does. turn through the compromise legisl

stock market futures, dow up 110, nasdaq up 30. fbn:am brighthouse financial allow you to take advantage of growth opportunities... with a level of protection in down markets. so you can be less concerned about your retirement savings. talk with your advisor about shield annuities from brighthouse financial- established by metlife. ♪yea, you can be the greatest ♪you can be the best ♪you can be the king kong ♪bangin on your chest ♪you can beat the world you can beat the war♪ ♪you can talk to god while bangin on his door♪ ♪you can throw your hands up you can beat the clock♪ ♪you can move a mountain you can break rocks♪ ♪you can be a master don't wait for luck♪ ♪dedicate yourself and you can find yourself♪ ♪standin in the hall of fame ♪and the world's gonna know your name♪ tracee: welcome back, let's get you caught up on what's happening now. let's take a look at u.s. future right now, green across the board. great change from 8 days of losing, we are seeing the dow futures now up by 113 points, s&p 50 by 13, nasdaq up by 30 and a qua

as we said, the dow losing a little momentum, down 40 points. a ho-hum day on the dow. but we've had a lot of headlines to digest and the market's holding on for now, deciding what happens with the fed tomorrow and so on. >>> the fallout from the g7 summit smoldering as the top trump aide apologizes for blasting the canadian prime minister, but the steel tariffs still in place causing companies reliant on the heavy metal to basically scramble in the way they do their business. "countdown" is coming right back. insurance that won't reace the full value of your new car? you're better off throwing your money right into the harbor. i'm gonna regret that. with new car replacement, if your brand new car gets totaled, liberty mutual will pay the entire value plus depion. liberty stands with you. liberty mutual insurance. ♪ with expedia you could book a flight, hotel, car and activity all in one place. ♪ and the wolf huffed and puffed... like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. so my doctor said... starting within 5 minutes. it doesn'

the dow was down more than 200 points, then fell back below 25 thourk. the nasdaq eked out a fraccal gain and the s&p down five points. bob pisani has more on what is pressuring stocks. >> stocks traded lower, but closed around session highs. nasdaq smallh caps b eking out small gains. tech and faang stocks look ed t be flipping the market, but banks failed tol rallyough they moved up towards the close. investors with roried about the threat of a trade war between the.s. and china and went through the list china has rolled out in retaliation. chipmakers, soybean farmers, they're among the victims of this. semiconductor names lintel, broad com and lamb research all came under prsure. intel got ungraded by a firm. and if you sti t thinkde uncertainty issm no big deal, l caps tell a different story. russell 2000 is up about ha11%. erre twice what the s&p 500 is up this qua small caps have left exposure to international trade war than big caps. finally, one other factor could be seasonality. the dow has been down roughly 1% in the june option expirationsc da

today they were the big the dow advanced by eight points to 24,216. tech-led nasdaq up 58 points and the s&p gained 16 points ins toda trading. >>> that will do it for "nightly business report" tonight. i'm sue herera. thanks for watching. >> i'm bill griffith. have a great evening. we'll see you tomorrow. this is "bbc world news america." ntationing of this pre is made possible by the freeman foundation, kovler foundation, pursuing solutions for america's neglected needs, and purepoint financial. >> how do we shape our tomorrow? it starts with a vision. we see its ideal form in our mind, and then we begin to chisel. we strip away everything thatwa stands in the to reveal new possibilities. p atepoint financial, we have designed our modern approach to banking around you --

second, dow jones has said for years they want the dow to represent the overall u.s.nomy, not just be an industrials index and they likely did want more consumer staples companies. walgreens is a consumer staples company, it's true consumer staples, slightly underrepresented in the dow but only slightly. it's about 5% of the weighting of the dow jones industrial average. there's three stocks, walmart, procter & gamble and coca-cola from the sector. staples are 7% of the s&p 500, but remember the dow is price weighted, the s&p is weighted by market capitalization. industrials are over represented. about 23% of the index that makes sense reducing that tech under represented, only 15%. tech makes up 25% of the s&p by market cap this is my point, while a consumer staples choice might make some sense, the choice of another tech company in my opinion would have made better sense. possible candidates, my opinion could have been salesforce, for example, or nvidia in the chip space, adobe, even facebook. facebook is a little high priced but that would have seemed to be a bette

it's largely symbolic, but general electric, the dow component -- one of the oldest, original dow componentsgetting booted now getting booted getting booted from the dow after all that time as part of the index. stock has been battered this year, recent years, really since -- well it's just been battered looking forward a lot of positive things. nick hayman has a lot of reasons why flannery may be turning things around. >> at $12.54 >> the company saying they're still focused on executing performance. it will be replaced by walgreens. the change will go into effect next tuesday much more on this story coming up i look at it as symbolic >> it matters. that's why you see walgreens up. >> it's largely out of ge's control. it's not anything new about the fundamentals of the company. >> no. no >> it's like the cherry on the crap sundae. >> i did hear that caught my attention. enjoy. here's the cherry. i used to say, you know what that is? that's when you sink like a 15-footer for an 8 yes! that's what it's like. the cherry on top of the -- i can't use the word i would like to use >> if that's the

the dow is down about 18 points.oing for the dow first. >> yes, you have because it's the best. >> s&p 500 up 0.25%. nasdaq and russell still on pace to hit record levels >> amc announcing a subscription plan to get moviegoers to eithr theaters answers to that when adam aron joins us next. so, my portfolio did pretty well last year. that's great. but the market was up nearly twice as much. that's a tough pill to swallow. exactly. so i started trading. but with everything out there, how do you know what to buy? well, i think my friend victor has just the thing for you. check this out, td ameritrade makes it easier to find the investments that might be right for you. like our etf comparison tool it lets you see how etfs measure up to one another. analyst ratings and past performance... nice. td ameritrade also offers access to coaches and a full education curriculum to help you improve your skills. that is cool. and if you still have any questions you can always chat with us on facebook or call our experienced service

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the dow.he s&p and almost 6% on the nasdaq and then a pause. what happens now >> i think the broader market will continue to pause because the trade issues are going to be out there. i think the immigration issues are going to be out there. you have the fed tightening. these are big picture issues that are going to put a lid on the overall market but as you indicated, money is moving around into other sectors. so, other sectors are performing >> are you raising cash because you think the markets are going to be flat or redirecting it to different parts of the market? >> we raised a little bit of cash, not dramatic we're incrementalests. we move slowly but mainly we like to continue to focus on the small cap value stocks and it's spreading some to some of the consumer stocks on the small cap area which are beginning to perform after lagging for a long time. >> is that tax reform? is it because they're protected from trade issues? what >> both. these are companies that paid 36% in taxes that are

the dow ending the day down 160 points at session lows, the s&p 500 following the dow into the red andthe nasdaq plunging with tech shares. hello. i'm adam shapiro in for david asman. melissa: i'm melissa. this is "after the bell." more on market movers, here's what else we're covering in the busy hour ahead. a look at the white house. president trump will depart this hour for fargo, north dakota. the president continuing his week of campaign appearances in tough midterm races, and

on wall street, all green on the screen for the major indices we have the dow up 151 points and a big move for the s&p up 20 points even as amazon reaches into several new sectors to disrupt and slam some stocks you might own. less than an hour to the closing bell let's start the "countdown ." we are just getting this breaking news in, canada is announcing it will offer, in fact it has just offered an aid package worth between canadian dollars 500 million and 800 million to help steel and aluminum workers who have been already hit by u.s. tariffs so what they're doing is giving a little bit of a bail out or relief. the official announcement expected friday but that's what we're hearing justin trudeau the prime minister coming in putting a pillow down where they're already seeing bruises from the tariffs, president trump has put into place. on wall street stocks flexing their muscles right now as they flirt with session highs the financial sector actually turning higher for the first time in 14 sessions, finally somebody realized they were over sold, thus ending a record losing streak.

we are up exactly 1.5% on the dow. 370 points in dow down 2% on the nasdaq.g into us from "the wall street journal." the poisonous tree was written by our next guest, david reagan. a constitutional lawyer served in the reagan-bush 41 administrations. welcome to the program. i believe you are saying that the more investigation was tainted by political bias right from the start. make your case, please. >> that is correct. based upon what the ig report tells us and the facts are quite damning. a number of people who manifested bordering on hatred towards triumph, the same people peter stzrok and the lead with the russian investigation that was code-named crossfire hurricane and there are a number of other issues relating to how it was initiated. the use of informants et cetera, to federate. the fact that there's really no basis to go out to the trump campaign. i'll assigned to investigate the russians, particularly in the context of using force. i would suggest we pause the investigation. as a line of supreme court cases that talk about the standards. if the gov

that the dow up 3% this week. you can see a nice healthy pop in the dow with the crude oil getting back just to the halfway point of the recent drop. liz: i'd like to mention too jpmorgan cut price per barrel forecast by three pennies. the $62.20 and at the moment you just saw we're at $65.65 for a barrel of oil. good to see both of you guys. matt, alan, thank you very much. 46 minutes from the closing bell. we've seen a nice 3% move in the dow for the week. up 53 points, that would be the best week for the dow in about three months. >>> and it's been an all-out war of words on twitter between president trump and his canadian and french counterparts. will this battle turn into a real world trade war or already there? multibillion there retaliatory figures are happening right now by the eu and canada. standing by live, current u.n. ambassador to the united states, david o'sullivan what it takes to make peace with our biggest allies when it comes to the trade battle? "countdown" is coming right back. don't go away.

looking at the markets the dow down 200 points. 213 on the dow. lots of red on trading screens. get down to the nyse where nicole petallides following all the action as she does every day. nicole, is this all about trade tensions with china? >> certainly is a lot of it. the dow is down 200 points. give you what moody's said specifically about the tariffs, u.s. tariffs are restricted small relatively amount of high-taxed product the. we don't expect that to impact inflation. according to bloomberg, china will impose tariffs on u.s. goods. that is a bigger problem. that is one of the reasons we're down 219 points. the dow and s&p are to the downside today. as we talk about tariffs, our does trees, boeing, caterpillar, 3m, these three companies affected by tariff headlines and in this case the 25% tariff on $50 billion worth of chinese goods is something that spooked the market. this is dragging the dow, half the losses, caterpillar down 3%. oil down two bucks, 64-point8. next week opec, watch opec and saudi arabia pump it out. they have had restrictions. anadarko, new field, pione

yesterday close the dow ended up

dow futures down by 111 points.uarters the nasdaq down by 20 and three quarters. you are watching "fbn:am." this mac -- ♪ ahh. where are mom and dad? 'saved money on motorcycle insurance with geico! goin' up the country. love mom and dad' i'm takin' a nap. dude, you just woke up! ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ ♪ i'm goin' up the country, baby don't you wanna go? ♪ geico motorcycle, great rates for great rides. gerri: breaking news this morning. president trump signed an executive order to stop them is that the border. democrats still not happy as house republicans are sad hours from now on two critical bills. futures right now not looking so good. s&p 500 down by a .5. nasdaq down by eight team. gerri: than a cantaloupe and little bit higher. the handshake and cost the open lower. taking a look in your spread across the board, the ftse down by one. cac down by 22 dax down by 115. >> here's an important story you will not want to miss. how much will you pay for unfiltered hot dog water. "fbn