david: the dow clawing back about 200 points. it is still down. still down triple digits, 136 but we were down as much as 334. amazing chart earlier in the session. it is red for the s&p 500 and the nasdaq both ending off of session lows. it was a comeback story today. hi, everybody, i'm david asman. melissa: aisle melissa francis. this is "after the bell." we have more on market movers. here is what we're covering in this very busy hour ahead. an unexpected announcement from the white house press briefing today. sarah sanders just revealing president trump pulled the security clearance of former cia director john brennan. whats

cheryl: strong retail earnings helped dow industrial, dow went up 196 points.t's bring in mitch roschelle. good morning. >> good morning, cheryl. cheryl: besides the retail sales, of course, the wal-mart number that the consumer is back and very confident. >> yeah, my two working headlines the rumors of retail are greatly exaggerated and apocalypse and retail consumer strong and it's exactly what we expected. the first quarter was disappointing because the tax cuts and job's act hadn't kicked in yet, they had more money in pockets and what they are spending on paint, cosmetics all of which are discretionary items which tells you have confident consumer. >> you mentioned tax cuts and we see that kick in but also wages are higher, unemployment is lower, do you see any potential threats out to those issues and whether it's wage pressure or job losses right now? >> yeah, i think there are threats to the economy maybe later in the year but right now what's happened is we finally we saw decoupling in the beginning to have year where we didn't see consumer shopping, n

lauren: dow 74 points yesterday but the nasdaq ending higher for eighth session in a row. cheryl: today new worries rattling markets, down 20% this week, futures feeling the pressure. the dow down 105 in premarket. s&p down 13 and a quarter, s&p down 36 and three quarters. lauren: central bank wants to look at european exposure to turkey's troubled economy. cheryl: stocks in asia mostly lower with japan's nikkei down and kospi index nearly down 1%. lawyer -- lauren: how about gambling with barbecue wings, one restaurant wants to serve you just that, fbn:am starts right now. ♪ cheryl: 5:01 a.m. in new york, august 10th. lauren: happy friday, good morning, i'm lauren simonetti, barbecue wings, big plate sounds amazing. cheryl: football, sign me up. we will have the story later on. lauren: are you ready? cheryl: for fowbl i was waiting two months ago. the trump administration has announced plan for new military force to protect u.s. interest in space. lauren: very interesting story and we get the details of what the administration is doing from blake berman. >> the vice presi

dow futures lower by 156. if the lower 16, nasdaq lower by 54.h care providers in many states are stashing upon the care premiums pitchers in texas, illinois and north carolina have proposed rate reductions. florida and mississippi insurers are seeking single-digit increases bear. in the meantime, voters are heading to the polls for tennessee's primary. gop gubernatorial candidates including u.s. congresswoman diane black, randy board, state representative harwell and bill lee. in the senate primary, the brightest and leads the field for republicans and u.s. congresswoman marsha black burn who has president trump's endorsement. in the meantime, hillary clinton heading to hollywood, teaming up with even spielberg on a project based on the both the women telecommute a both the women's outlook of the great fight to win the vote. clinton will executive produce the series put the book follows the activist who led the fight to grant women the right to vote and that is what is happening now. cheryl: investors are gearing up for more time today. look at

the dow component cisco that's clearly helping the dow. it is up 3.5%.mbers came in from them. and look at invidia straight up for some time. they report after the bell today as you walk up to that, it is up a little bit more. 259 on invidia j.c. penney not a great forecast down it goes. 24% lower. it is a buck 81 reminds me of sears. >> we usually play oregon music it is down this morning. kroger in china, but they're closing stores in raleigh maybe elsewhere -- >> they look at the market but felt they were overcatch rated and couldn't get foothold. moving on. >> are they closing stores in america but expanding over there? >> absolutely constantly pruning in this business plus you have gotten european shopping centers moved into east coast but i think key thing with kroger story is here's the shot across -- in terms of the whole foods amazon hookup. now they're hooking up, of course, with alibaba which is a major competitor so i think it is a very savvy way to say hey we too have a -- online giant who is going to hook up with us. >> not just a grocery s

the dow jones done 16 points. s&p 500 to .5.e quarters of a point partially due to trade uncertainty. top administration officials devising new penalties against hackers that are and will trade in the u.s. electrical grid. hackers working for the russian government claimed hundreds of it tons last year in a campaign against the energy sector. the hackers have the ability to cause major outages from inside the control room. saudi arabia has excelled the master of the kingdom and recall that some diplomat to the canadian embassy has expressed concern over saudi arabia recent arrest of human rights campaigners and women's rights activists as well. the kingdom also says it's freezing all the business and investment transactions of canada. meanwhile, canadian consumers are boycotting american goods. the change in pace came after the president -- president trump sought 25% tariffs on canadian ale and 10% on the lebanon. president trump also referred to canada's prime minister justin trudeau is very dishonest and weak on twitter in jun

cisco, the second best dow component.347, puts us at the best day since june 6th "squawk alley" continues in a couple of minutes. >>> good morning, i am sue herera here's your cnbc news update at this hour. some sad news to start with. the queen of soul, aretha franklin, has passed away. she was a church trained pianist that often accompanied herself in concert she was called the most influential vocalist of her generation, first woman admitted to the rock and roll hall of fame she died this morning at age 76 from advanced pancreatic cancer. >>> the investigation continues into the italian bridge that collapsed tuesday, killing at least 38 people. prosecutors say they're now focusing on possible design flaws. meantime, authorities are worried about the stability of remaining sections of the bridge, prompting evacuation of nearby apartments. elsewhere in europe, u.s. f-22 jets simulated dog fights with norway's f-35 planes today it is an exercise aimed at strenl strengthening the nato alliance. >>> large parts of canada ar

right now though, the dow is up, and it is in a rally mode check this out, the dow up 421 points up a percent and a half it is the biggest gain since april. just off session high as we hit 444 points higher earlier in the session, we're pretty close to that now. the three major averages all on pace for their second up day in three also on track for closing out the week in positive territory, not bad, ha? boeing, wal-mart, goldman sachs apple and caterpillar accounting for half of the dow's gains, we'll have more on wal-mart by the way in just a few minutes. there are a few laggards though shares of jc penney, been a tough day for jc penney down 24% that's actually $0.60 because it's $1.80 stock the retailer reported disappointing quarterly results after recently closing more than 100 stores the company also reporting a bigger than expected loss per share while also cutting full year guidance pretty rotten report, shares as you can see down 24% today, 42% year-to-date. and look out mylan, the fda has approved the first rival generic version of the epipen being created by teva pharmaceu

dow looking great up 95 points. liz claman, i will send it to you earlier, you have a big interview to get liz: we are just getting in more breaking news about that plea deal. the president's former attorney, michael cohen, apparently just struck it. we will get that to you in seconds. >>> breaking news also, get ready, in this hour. markets are getting set to tie the longest bull run on record. you are also about to witness two other major milestones. the s&p, it could close at a new never-before-seen record high. and the dow, it's points away from popping out of correction territory. our floor show traders are sprinting to cameras to get you everything they are seeing right now. >>> stoking a new political firestorm at this hour as the epa rolls back obama-era regulations on coal-fired energy plants. it's called the affordable clean energy rule, but critics claim the epa is dealing from the bottom of the deck. calling it bad for the environment. but the administration's own analysis admits it could even be deadly.

the dow did snap that four-day record win streak.this time, but with one more day of trade for friday, you have got to tune in tomorrow. that will do it. kristina: president trump is telling aides he plans to impose tariffs on $200 billion in chinese goods next week. the dow ending the day just about 137 points lower, slightly off session lows. david: it's not a bad comeback. kristina: it's a comeback nonetheless and it's the end of the record run for the s&p 500. the nasdaq and russell 2000, at least for now, all closing in the red. david: this is

stock market futures, dow futures lower by 23, nasdaq low e by 2 as well.ew-comer claims victory in gop primary for tennessee primary, bill leading out three republicans to get the nod, one of them congresswoman dianne black, lee will face democrat carl dean in november. current congresswoman marsha blackburn easily winning gop, she will face tennessee former governor democrat who also won by a landslide. iran has begun a major naval exercise, u.s. officials say maneuver involves a hundred votes ships and drones, annual exercise that been moved calendar reinforcing the view that it is a response to president trump's recent comments about iran. and secretary mike pompeo rather meeting with his turkish counterpart overnight demanding american pastor held captive be set free, state department seeing the two had constructive conversations but no agreements were made. pastor andrew brunson is facing terror-related charges while under house arrest, faces up to 35 years if convicted. the white house not bunling on economic sanctions placed on turkey after they ref

dow futures today after apple could the dow, nasdaq and s&p both in the red or dow down for the premarketk appalled by five points right now. we'll see how tech does today. the federal judge has temporarily blocked blueprints from 3-d printed guns from being distributed online after eight states move to block the pro-gun group from posting those files. early in the day president trump has skepticism about the untraceable 3-d printed guns saying he's spoken with the national rifle association about them. a subsidiary of program california company has been to use the visa credit and debit cards for two weeks at its 21 grocery stores. kroger and visa are in a dispute over fees. kroger, which is the country's largest supermarket chain is threatening to expand the ban beyond the foods company. this painting of president trump and his administration crossing the swamp, an imitation of washington crossing the delaware has the internet reeling. observations included ben carson appears to be rowing backwards and melania wouldn't be caught dead in a camel hunting jacket. i kind of agree with outlin

look at the dow, 26,000 and change. up 236 right now. a lot of this, of course, is that agreement reached today between the u.s. and mexico. are we seeing positive developments on trade? investors can like what they're seeing so far out of the administration. >>> also, chipotle not joining today's rally after the rating was cut to underperform. they also lowered the price target to 4.45 from 4.50, blaming worries about sales expectations and the possibility of negative food safety headlines. that's been something plaguing chipotle for the last two years. right now that stock is down almost 5%. >>> all right. coming up next, if we could only print money. we will tell you about a 401(k) who is adding more punch to the portfolio as more people crack the millionaires' club. when you rent from national... it's kind of like playing your own version of best ball. because here, you can choose any car in the aisle, even if it's a better car class than the one you reserved. so no matter what, you're guaranteed to have a perfect drive. [laughter] (

the dow up 259 points.0, nearly 1% russell did lag in terms of sect sector performance we did see financials, materials and industrials outperform >>> coming up in just a few minutes national council economic director larry kudlow will join us to discuss the u.s. trade deal with mexico not going tawant to miss that. let's get to smof the other big stories today in our rapid recap. >> the nasdaq hits 8,000, almost at the same moment that the dow hits 26,000. >> you cannot fight this market. this market is telling you that despite all the risks that are out there, and granted they're mitigated today, it wants to go higher >> late friday night elon musk changing course saying that he will not now take the electric car company private. >> they used to call it nafta. we're going to call it the united states-mexico trade agreement. we'll get rid of the name nafta. it has a made connotation. i'll be talking with the china prime minister very soon the stock market just broke 26,000 >> it's 60% we end up with this f

now the dow is down about 62 points. we will tell you exactly what was revealed, what it all has to do with trade. this as we see mixed pictures, oil is rising, telecom is tumbling and trump's trade war is indeed a threat. breaking news. the president says he did nothing wrong and it's ridiculous to deduce he lied when he didn't know of hush money payments to women with whom he had had relationships. so says sarah sanders at the white house press briefing. she said she is unaware of any conversations regarding a possible pardon of former campaign manager paul manafort after the verdict guilty in his fraud trial yesterday. hillary vaughn is rushing to the white house cameras with all the breaking details. >>> tesla inching even closer to going private as a big bull sours on elon musk and the company. jamie albertine and charlie gasparino will face off. they will look into their crystal balls about tesla and what happens to elon musk and his leadership at the electric vehicle giant. >>> are you ready for some feeble footba

the dow was down by 80 points. s&p

apple is a dow component. tech giant hitting an historic all-time high following blowout earnings, impressive forward guidance and just all-around great news. now, for apple we are still not quite at that trillion dollar market cap mark, but a big leap from this time yesterday. we're at $983 trillion. we do know that apple is solidly on track to close at an all-time record, that would be its 16th record close of the year. you're in the money, folks. it hit $200, and now it's at $200.06. wall street's hearts are also racing in anticipation of he's rah's earnings coming up -- tesla's earnings coming up in just less than an hour. stock's down to $298.06. one billionaire hedge fund investor is surely averting his gaze or watching the numbers closely. this man on your screen, green light capital's david einhorn. he had to admit to investors he has lost so much money betting against tesla, he is not a believer -- although he has a tesla, so i don't quite get that. green light actually lost 18.3% in the first six mon

dow up 52. cheryl: in europe stocks higher on u.s.-china trade talks, right now all indices in the green. lauren: nikkei in japan gaining about 1% and shanghai in china up fractionally. cheryl: more bad news for elon musk. fbn:am begins right now. ♪ ♪ lauren: good friday morning, 5:01 a.m., i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. lauren: hurricane lane burying down on hawaii on what would be the biggest storm the state has seen in two decades. cheryl: ray in honolulu with the latest, ray, good morning. >> hey, cheryl, lauren, calm thursday in honolulu, we saw one of the most gorgeous sunsets people have ever seen but in an hour and hour and a half the wind start today pick up. many people in hawaii are feeling the storm's effects, for instance, right now a flash flood warning is in effect for parts of hawaii's big island after more than 20-inches of rain fell there in less than 24 hours, streets were flooded and this all while lane spins 200 miles southwest of hilo and now hitting island of mawi. causing more th

dow is down 190.ma mody is on the floor >> reporter: the global story the focus on the trading floor turkey being at the center that's weighing on stocks this morning. as the s&p 500 was inching closer to the all time high of 28.72. hit back in january. a quick check, though on the sectors. defensive names are higher like telecom. there was a talk about the evaluation but energy has been putting a damper on that move. take a look at global stocks weakness in european markets with less than two hour goes in that trading session with the german dax leading the declines. the euro is trading at 13-month lows against the dollar. the ecb has been concerned over european sector lenders to turkey before bbba could be particularly impacted by the depreciation of the lira as it continues to plummet take a look at the yield, as well, in the turkish 10 year note spiking above 10%. and for what it's worth, tur, the turkey etf thinly trading but worth noting down double digits today broader concerns about debt sust

dow up 4% in july.ow come >> because earnings and profits drive stock prices and, you know, it's not enough to put a damper on the overall market there are companies that are going to hurt, be hurt more than others it's why small cap stocks have done better, they're more domestically focused versus having a lot of exposure to the trade issues we're getting pretty much through the earnings season now. i'm seeing profits exceeding and revenues exceeding we're so early in this cycle of revenue growth a lot of it is stimulus from changes in tax policy and less regulation that takes a while to cycle through the whole sector >> earnings up over 20%, one of the best quarters in decades >> and this would not be without precedent after having such a big year last year in stock performance. >> let's talk about how to make money. i'm going to oversimplify it it's tv. for the last five years or so, you could buy four or five stocks the f.a.n.g.s, apple, whatever just let it ride you didn't have to think buy those s

this is going to help the dow. obviously walmart's blow-out numbers.ome headlines from the turkish finance minister no plans for capital controls. no imf plans focus on attracting foreign direct investment. free market principles will be our framework. that's probably going to help a little bit >> i think so. the imf came in there in 1993, pretty much wrecked them the imf always gets its man. they instill a level of discipline that's frankly mission impossible but they get it done. i do think that turkey's side show -- notice last night china opened down very badly our futures were therefore muted. then china came back a little. then as china futures came back then you started see u.s. futures go up. people feel that last half-our move was a sense that some people knew that maybe china talks could start again. it is probably the most important story out there given the fact that much of the nature of our market has to do with the industrials -- >> well said yuan up the most in about six months >> they're trying. maybe xi is sending signals but the stoc

the week on the dow.y the way, that would be 7 of 8 higher weeks that's how flat we have been this week. dow futures are in the green the bond market is stuck in neutral. oil is creeping higher lately, back above 68 bucks. the euro/dollar at 1.15. bitcoin is up fractionally as well >>> we may be in washington today, but investors and your money will be paying close attention to what's happening about 2,000 miles west of here in jackson hole, wyoming federal reserve chairman jay powell is speaking at the fed's annual symposium there later on today. this comes days after president trump said he was not thrilled with the fed raising rates joining us is mark avalone good to see you on set thank you for inviting us to your town. what do you want to hear from the federal reserve today? >> i want to hear that the economy is strong, it's robust and it can withstand more rate hikes. people are worried if the fed raises rates, but they're only raises rates if the data is good i don't think they'll accelerate the pa

the dow 88 points. the nasdaq was up 29 and the s&0 was down one.rrow will bring? that is "nightly business report" for tonight. i'm sue herera. we want to remind t you,s is your time of year your public television station seeks your support. we thank you for that support. have have a great evening. we'll see you again tomorro ♪ wo >> this is "bbd news america." o >> fundithis presentation is made possible by the freeman foundation,n, kovler foundatursuing solutions for america's neglected needs, and purepoint nancial. >> how do we shape our tomorrow? ittarts with a vision. we see its ideal form in our mind, and then we begin to chisel.we trip away everything that stands in the way to reveal new possibilities.

this month dow up more than 2%, we have the nasdaq up almost 5 and a half percent.aking run for the market in august. over in europe, losses across the board, biggest loser cac quarante in france, the asian markets mostly lower as well, kospi picking up 3 quarters of 1%, that was the only gainer of 4 major asian markets. a j

when that report hit, as this intraday chart of the dow shows, the dow basically fell off a cliff. follow trade news all the time here. on top of that, you have top trade officials both in the u.s. and canada saying they are optimistic the two countries can work out a deal ahead of a deadline they put in place for tomorrow. meanwhile, justin trudeau on a conference call with his premieres right now, giving them an update on a possible trade deal. all these cross-currents are in the market as we watch. i want to bring in edward lawrence, who has been covering all of this in washington right now, bring everybody up to speed. edward? reporter: yeah, first i want to come in on the china tariff situation. the president cannot impose tariffs until after september 1st -- or september 5th, i'm sorry. the administration is waiting for a report from u.s. trade representative's office related to that public hearing they had, so after september 5th is when he can put that in place. that is the justification for adding those $200 billion but as you heard, the president according to bloomberg, t

s&p 500 and dow closing in on a winner week. nasdaq not so much.eek's winners and losers gerri willis on the floor of the nyse. gerri. >> i will speed read the market close winners. walmart up 10% on revenues in earnings statement, the revenues highest in 10 years. cisco strong earnings. on the losing side, let's look at chevron, exxon, a surprise build in oil stockpiles. that hurt all energy stocks. let me tell you, those big "fang" stocks, big techs, not big this year. it was very weak especially netflix with a six-day losing streak. it wiped 9% market cap. that is all the time you got for me. send it back to you, adam. adam: gerri, thank you very much. greg luken, luken analytics. gerri brought up the fang stock. the "fang" stocks moved indices up but without them we wouldn't be as strong as we are right now or would we? >> the "fang" stocks have done great this year. if you look even beyond just the technology, the growth sector, the growth segments of the market not only led this year and last year, really for the last five years. adam: hello

the dow is down 24 points. we are breaking details just coming in on the north american free trade agreement with mexico and canada. it has got the auto industry on pins and needles with a surprising victim. the trade war could take. that victim might just be in the pocketbooks. not if you drive but if you own a car you have to hear the spirit former deputy commerce secretary, joins us in a fox business exclusive to articulate that threat. that is straight ahead in the trump trade wars sending semiconductors into spasms. we have more live to see how silicon valley is dealing with all of the uncertainty and if he supports the new ramped up threats by the president. jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? you got a1c, heart, diet, and exercise. slide 'em up or slide 'em down. so let's see. for most of you, it's lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fat

the dow is up nearly 90.asdaq up 24 keep this in mind, the nasdaq is in the middle of its longest win streak in months gains today would make it a six-day winning streak for the nasdaq china, by the way, also making a huge move overnight. we'll get to that in just moments. right now we have to begin with the catastrophic fire situation in california. the mendocino wildfire exploding overnight. it's now the biggest in california's history let's get to bill karins with more >>> good morning to you. that's right the california fire has charred now over 283,000 acres that makes it the largest wildfire in the state's history. according to cal fire, the massive blaze has burned through 443 square miles of northern california, about a third of the size of rhode island approaching half the size of rhode island the flames have torched clear lake prompting mandatory evacuations in lake county, mendocino county there's two fires, the ranch and river fires that combined into this massive inferno 75 homes have been consum

the dow is just 30 names. at this point, let me just say in august, it is one of the biggest buyback months you have of the year. 13 percent of the trillion or actually, billion buybacks coming this month. a rack of selling everyone vacation, it could lift the dow jones. >> and so companies could say we are buying back our stock. is that right? >> we are also seeing the economy doing better. this is what's going on in the market. might as well play along versus fight against. liz: what would you look at as the final signal or what does the dow need? perhaps i should put it that way. to move out of correction territory? >> i think it needs clarity and guidance. look at some of the earnings statements we've seen, a lot of money wonders when you look at the doubt with uncertainty antitrade uncertainty. the cost of doing business with or be overseas or here. there's a lot of confusion as to where those numbers will be. third quarter and fourth quarter, very much cloudy. i think guidance would get his higher taking

it could be a rough ride dow futures are down 106 points, all eyes are not on the dow, they're on the nasdaq. the nasdaq is up 8 days in a row. it's never done that this year all the talk about tech being dead, f.a.n.g. is dead that's not been the case today nasdaq could start its session in the hole. we have a ways to go as always keep your eyes on the nasdaq >>> one big thing to watch right now for all of you, we talked about it yesterday, is turkey. that country's currency plunging to record lows against many other currencies the lira losing a third of its value this year alone. the stock market also in free fall the big turkey etf, the tur, is down 42% just this year.

the dow has its biggest one-day gain since april thanks to upbeat earnings and renewed trade talks between u.s. and china. >> walmart delivers. amazon is put on notice as the world's largest retailer reports a surge in digital sales and posts its best revenue growth in more than a decade. >>> 401(k) millionaires. ther are a record number of them, but what happens if the market turns? those stories and more on "nightly business report" for thursday, august 16th. >>> and we do bid you good evening, everybody, and welcome. what a differee a day makes. stocks rallied across the board today on word that the u.s. and a will restart their trade talks later this month, adding to the upbeat mood, those solid results from dow components walmart this morning and from cisco which we told last night. you mix it all together and you have a recipe for a big rally today. theus dow iials advanced 396 points just off their highs of the day to 25,958 and the nasdaq gained 32 and the s&p addedb 22. pisani has more on today's big gains. >>urkey took a backseat today as traders focused on chinand on trade. the

stuart: we have the dow, the dow industrials down 106 points.and i'm using that, because we have caterpillar and boeing are both down. they're trade related stocks. they're down sharply. any idea what these new trade worries are supposed to be? we just had kevin hassett on the show a moment ago, saying real progress with mexico, might get a deal for the next couple days? >> yeah. i mean there have been negotiations. obviously recently opened up last week with china. we have now had the imposition of another round of tariffs. china has retorted with their own set. my sense is, perhaps, there is word, and i haven't heard of anything, that some of the wheels are falling off those conversations. stuart: yes, i would like to hear about that. i would. jack, thanks for joining us. see you again shortly. >> thank you, stuart. stuart: as we've been saying all morning trade negotiations on going with mexico. the two sides reportedly real close to a deal. i want to bring in gaston pieraa. i know you do a lot of business between mexico and united states. is

there are your dow winners for the dow. only af them with the dow now lower.he finances certainly getting hit hard some of the concerns around turkey and the fact we're seeing lower yield in the bond market >> and quite significantly lower yields we were at 3% ten days ago and now down on the ten year >> it was a brutal session as well >> it was indeed a california jury is ordering monsanto to pay $289 million in damages to a plan who claims the company's roundup weedkiller spray caused terminal cancer >> and shares of bayer which acquired monsanto in june are down more than 10% right now what's notable about this case is it's the first of thousands of similar cases across the country involving the herbicide to go on trial, which means it could be a bellwether. it ordered monsanto to pay $289 million in damages to dwayne lee johnson, a northern california man who says his termtle cancer was caused by spraying round up while working as a school grounds keeper the active ingredient in round up first came under fire when an agency of the world health organization

dow is down 230.e're back in a minute so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. tap one little bumper and up go your rates. what good is your 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 mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ >>> welcome back we've been following the elon musk back and forth to take tesla private. how will this impact tesla's future joining us are two people with close ties to musk jim cantrell is a founding member of spacex also is steve wesley, currently the managing partner of the wesley group gentlemen, thanks for joining us today. >> happy be here. >> steve, i wanted to start with you. we have a report from "the new york times" that the board is sayin

right now dow up 5 point -- 8 points with a modest open.. >> thank you >>> what a day in the bond pits. we'll check in with rick s santelli. >> a big day and it isn't over yet. look at the 24 hour chart of 10s. we're trading currently at 3.01. if you open the chart to early may, we haven't been at the 3% level since may. maybe the most important thing is why okay, above and beyond the fact that fed meeting and we seem to rise into it, by the way, the curve is steepening today. it's a global environment. the bunds are moving higher. almost 50 basis points highest yield since june looking at guilds. just shy of 140. highest yield since june and maybe the jgb. this is a chart the last time and this is just amazing the last time we traded all the way up to 13 basis points was january. early january of 2016. at least on a closing basis. and considering we're at three basis points not that many sessions ago it's a warning why should never use percentage changes when you're describing small interest rates. if you look at the dollar index, it has a

at 77 dow place, blue h.o.a. at 631fulsom street, and good jobs for all collaborative, latter of which is a coalition of local community groups, jobs with justice, community together, and south of market community action network. all correspondence in writing forwarded to the commission secretary and printed copies have been provided. the department recommends approval as the project is on balance, consistent with the general plan and the planning rode requirements. and that the applicable requirements are consistent with the general plan, a new mixed use development with the ground floor restaurant and bar and significant site updates, including sidewalk widening, landscaping trees, which support the pedestrian realm and improve the public realm and currently the site is surface parking lot. the project is consistent with and respects varied neighborhood character and provides appropriate massing and scale for the adjacent context. the project adds 297 guest room tourist hotel to the city's hotel stock. new hote

it added more than 120 dow points to the dow for the week. thank you charlie brady the senior editor for some of those stats. that led the way for averages and led tech back to people's portfolios. a quick peek at go pro. it had better than expected numbers. analysts said if they can do promising successful profitability, sustained growth, demand, getting the product out in a clean way, look at that up 17%. here is hook at final numbers for the week. they're all in the green. back to you. david: nicole, thank you very much. hiring is cooling slightly anyway in july. u.s. employers adding 157,000 jobs, missing estimates by 33,000 but president trump's top economic advisor telling fbn that the numbers don't undermine a strong economy. take a listen. >> i actually thought it was a pretty strong report because the headline number was a little below estimate but look, the back revisions were gigantic. 59,000. so really got to add that in. that gives you really 215 for the month of july. david: bring in today's panel, jack hough from baron's. linds

stuart: here's a success for you, high of the day for the dow, we're up 193 points. 29 of the dow 30t see pfizer slightly on the downside there. 191 up. 25,981. we go up another 19 points, and you've got 26,000 on the clock. >>> senator john mac cane has passed -- john mccain has passed at age of 81 after a battle with a huguely aggressive form of brain cancer. next, dr. siegel says the next way to honor mccain is to find a cure for this disease. he'll make his case next. mgx minerals' disruptive technology can extract lithium - used for batteries from expired oil wells. mgx's new pilot plant aims to produce lithium-carbonate one hundred times faster than from conventional lithium brine. mgx minerals designed to save you money. wireless network whether you use your phone to get fit. to find meaningful, thoughtful, slightly-weird gifts. or just to know which way you're facing right now. however you use it, your wireless bill is about to cost a whole lot less. ask how you get xfinity mobile included with your xfinity internet. so you just pay for data -- by the gig or unlimited. saving

we'll explain, but first as we head to break, a look at the big dow winners and the big dow losers inhe premarket. stick with us on "worldwide exchange." >>> wall street pointing to a higher opening as earnings take center stage. >>> a bombshell buyout tesla shares on the move after elon musk says he might take the company private. >>> and one of tv's most iconic homes has a new owner. we'll tell you who bought the brady bunch house. it's wednesday, august 8, 2018 this is "worldwide exchange" on cnbc ♪ >>> welcome back to "worldwide exchange." we have a lot to get to. let's check the top headlines. landon dowdy has those >> let's check out what's leading cnbc.com elon musk says he is considering taking tesla private adding a final decision has not been made shares jumping yesterday on that news they are down slightly in the premarket. >>> shares of disney moving lower after the media giant reported weaker than expected quarterly results. the company missing on the top and bottom lines as programming costs surged but disney's studio revenue jumped 20% year over year thanks to strong bo

dow dupont down 96 points which is stupid.s okay, everybody has a right to be stupid there's nothing in the constitution that prohibits it i want to point out that the soy sales were made up and we all thought that they were going to be lost. that didn't happen remember, crop protection for -- >> the overall impact on the economy seemed to be saying may not be as great as some believed, a fact we do get to a bigger and bigger number we know the chinese can't retaliate obviously at the same level given the lack of imports of u.s. goods. but they can do other things in fact i pointed this out last week and i thought it was a big deal then it didn't seem to be which is of course nxp qualcomm. it was a big deal for shareholders of both companies but it felt to me it was a much larger implication of here's something that they can do that's outside the typical parameters of a trade war, and it does appear that the u.s. is now, in part, responding to that >> i totally agree, that is a worry. i'm struggling today over the incredible,

while the dow is not at the record there are dow stocks in that dow 30 also hitting highs today and a lot of folks have these in their portfolios. unitedhealth, visa, and american express are the ones. i'll toss it back to you. last thing we got today which was good news on durable goods. while the headline number was weaker-than-expected. non-defense goods excluding aircraft, that is the business spending that did better than expected. looks like we'll lock in another winning week here on wall street. dow, winning week for six out of seven weeks. cheryl: thank you, nicole petallides on floor of new york stock exchange. now we want to bring you this news today that senator john mccain has chosen to discontinue medical treatment for brain cancer. the arizona is battling aggressive form of the disease in the past year. in the statement, it was a graceful statement they put out from his office in d.c. they said the progress of the disease and inexorable advance of age rendered their verdict. our prayers and thoughts with john mccain, his wife cindy and of course their daughters. >>> the

dow down 5 in premarket. s&p down half a percent. >> stocks did open higher on optimism over global trade and only one in the red down just one points. >> mix japan is mixing up slielgtly. shanghai deposit down slightly. remember -- the -- a piece of american folk lore is making a big comeback. fbn:am starts right now. >> and it is 5:01 a.m. new york tuesday august 28th good morning i'm cheryl casone. lauren: good morning everybody i'm lauren simonetti thanks for joining us todays. wow, no trade war, with trade deal market sures. >> talk about new records, the dow out of correction you've got records for the s&p, the nasdaq on fire. john: well major win yesterday for president trump as u.s. reaches new trade deal with mexico. that would replace nafta. the president also speaking by phone with german chancellor angela merkel the white house says two with leaders strongly supported talks washington and brussels to remove barriers to deeper trading relationship. and president trump also spoke with with canadian

that is a dow stock and it is down 3%, $4 lower. that's leading the dow down. tech names, looking particular at apple. it is actually down a little bit today, on 87 cents. bear in mind that warren buffett and george soros both upped their stakes in apple in the second quarter of this year. buffett actually bought actually million shares in that quarter. stock's down. >>> sales down at macy's. it is trying to shore up the brick-and-mortar business with store remodeling and off-price location. the stock down 11%. really taking it on the chin in a down market. >>> where is the price of oil this morning? i'll tell you it is at $65 a barrel. down $1.18. we should see the price of gas come down shortly. >>> now this. listen to what vermont senator bernie sanders said about socialist ideas on "the late show with stephen colbert". >> there is a taint to socialism that turns people off. >> i don't think so. the real issue that the ideas that we have been talking about almost without exception, stephen, are now ideas that are mainstream ideas that are supported by the va

we can see that on the dow which is down 271., matt, kind of unfold this for us. >> yeah, you know, this started yesterday when the news started leaking. we saw the markets close on the low of the day. today they've considered, you know, continued that fall. finish so a lot of it is a crisis of confidence in what we expect out of the turkish leadership. if they're not going to raise rates and firm up monetary policy, there's really not much hope for them at least as far as the weekend goes, and that's really caused, you know, the u.s. markets to suffer here a little bit. we've seen the dollar rally. that's probably the worst, you know, possible case for our exports, right? that's the biggest thing that we talked about in this tariff war is trying to get more exports and, you know, a stronger dollar whether in china or europe is not going to help. liz will liz yeah. $1.13, call it $1.14 for the euro. and, by the way, i could tell you, phil flynn, that there are many other indicators that show particularly economic data that show t

first let's check the dow winners and losers stick with us on "worldwide exchange."ht back. no matter how much you clean, does your house still smell stuffy? that's because your home is filled with soft surfaces that trap odors and release them back into the room. so, try febreze fabric refresher. febreze finds odors trapped in fabrics and cleans them away as it dries. use febreze every time you tidy up to keep your whole house smelling fresh air clean. fabric refresher even works for clothes you want to wear another day. make febreze part of your clean routine for whole home freshness. ♪ >>> we're almost with the sun up at the nation's capitol. >>> with summer winding down, is the housing market cooling off we have the ceo with us. one concern is that we could be at the peak of the market. is it fair to say the real estate market is showing cracks? >> good morning. thanks for having me on. if you look at the appreciation of homes in the top ten markets in the past 12 months, they appreciated by 14% versus a national average of 5% so there's overheating on some price

this will be the dow's second straight month in the green. the s&p 500 and nasdaq set to close higher for a fifth straight month. we are looking pretty good on the markets. but struggling department store sears is actually soaring today thanks to an expanded deal with e-commerce giant. you can see there is sears holdings. this deal will provide ship-to-shore stores, excuse me, tire installation and balancing services for people that buy tires on amazon. the program started back in may at 47 sears auto centers, it is now nationwide including alaska and hawaii. very interesting deal. you can see the stock is up 13%. it's up 14 cents. watching sears and watching amazon, also looking at footwear retailer dsw. the stock is actually skyrocketing after having blowout earnings, dsw reported double digit comparable sales in second quarter thanks to improved customer engagement and traffic. the company saw earnings grow by 65% from a year earlier and revenue increased by 16%. shares are up right now, as you can see, more than 19%. that's a gain of more

not bad, but also we should point out on the dow, now on the dow, we're up 111 points right now. 25,859. the dow hit its low in march, 23,533. if we can get to 25,886 we're out of correction territory on the dow. we actually went past that for a while. we are 12, 15 point away from getting out of correction territory on the dow as well. bottom line is, what is the other game in town? money capital, continues to come into the u.s. markets. we've seen the emerging markets struggle. this is the only game in town when you have deregulation and a business-friendly administration, cheryl. this is what you have. yes, the trading we are in august it is a little thin. but what trading there is, there is a lot more buying than selling. cheryl: there we go. we like to see the buying. stay with me to give more color on the markets what traders are telling you down there. bring in folks with skin in the game. sean o'hara is with me and money map keith fitz-gerald on the stocks near the longest bull market in history. great to have you here. keith, i do want to start with you, this bull market, what

the dow is up 38 points on the dow industrials. jobs report, 157 jobs reported.es sector moved up a little bit. ism came on 10:00. wages moved up 2.7%. that was in the jobs report. the dow industrials. how about the big techs. got to check them. facebook is up, continuing a modest rebound, up to 1$77 a share. >>> back to the jobs report. i characterized disappointing. larry kudlow disagreed with me. >> if you ask me is that plausible, i would say yes, again we would be happy with 3 or 3 plus. stuart: i'm sorry, that was larry kudlow referring to future growth in the economy. i asked him about the possibility of getting 5% growth in the next quarter. he said it's plausible, okay? got that. joining us market watcher david branson. what say you about this jobs report? >> well, yeah, i definitely do not think it was disappointing, stuart, but the difference you have to look to is the three-month average. the revisions in the last couple months higher were dramatic. so you have a 224,000 per month average over the last three months. the month by month, up and down mov

dow up 50 points.rope stocks opening, but mix but there's hope for a break through must china trade talks if the barely in the red . same thing in asia sham high composite jumping 1.3%. new lawsuit accusing google illegally tracking millions of phone users. fbn:am continues right now. ♪ we're coming up on 5:30 a.m. here in new york, it is tuesday, august 21st good morning i'm cheryl casone. >> good morning i'm lauren simonetti i think i'm like stephen hill ton up watching in california right now. and get rid of smi smart phone. >> like to say aloha to viewers in hawaii because there's a lot of them and they're still up from the night before. >> if you have a phone you're being tracked so good morning, good night whatever time it is for you. [laughter] >> frump is full felling campaign promise traveling to west virginia today and touting his administration plans to rewrite emissions rules for power plants that is a huge boost for the coal industry. >> jeff flock at a power plant in illinois. good mornin