donald trump was elected president and promised to tear up crisis air regulations so this is the dow jones industrial average up there on the way and these are the banking stocks which kind of lagged for a while because everybody thought well you know frank was supposedly going to do something and all these sort of regulations that were brought in to keep them from defrauding the american people but john came in and the republicans are promising to tear up everything well the number that they look at to determine whether or not they are succeeding as politicians as the dow jones industrial average that's going up they consider themselves to be succeeding the underlying fault of this mechanism to distribute the wealth generated by the country is never consider the fact that they wealth and income gap is spreading wildly toward third world status infant mortality up and health care banker. doing millions is not part of the equation they simply look at the dow jones index to divorce yeah mortality rates are not only up for infants but also for working age adults so that is a shock that is som

doing millions is not part of the equation they simply look at the dow jones index to divorce how yeah mortality rates are not only up for infants but also for working age adults so that is a shock that is something that has really happened in the u.s. or anywhere drugmakers or in the dow jones so that go there actually the biggest opioid is a family owned private business the one in connecticut that makes oxy and all those things are actually not in the right and all the ancillary businesses that support the heroin for you know synthetic heroin distribution they distribute heroin instead of wealth yes the american economy i mean back in soviet days they were they ran on vodka in america today runs on synthetic heroin so we have two more charts here showing this inequality the wall street journal does show the two charts that establish that indeed there has been huge inequality and remember two thousand and eight was when obama came into office he exited in two thousand and sixteen so this these are mostly his ten years this is what happened under barack obama i remember a lot of resis

doing millions is not part of the equation they simply look at the dow jones index to divorce how yeah mortality rates are not only up for infants but also for working age adults so that is a shock that is something that has really happened in the u.s. or anywhere drugmakers or in the dow jones so that go there actually the biggest opioid is a family owned private business the one in connecticut that makes oxy and all those things are actually not in the right and all the ancillary businesses that support the heroin for you know synthetic heroin distribution they distribute heroin instead of wealth yes the american economy i mean back in soviet days they were they ran on vodka in america today runs on synthetic heroin so we have two more charts here showing this inequality the wall street journal does show the two charts that establish that indeed there has been huge inequality and remember two thousand and eight was when obama came into office he exited in two thousand and sixteen so this these are mostly his ten years this is what happened under barack obama i remember a lot of resis

donald trump was elected president and promised to tear up crisis air regulations so this is the dow jones industrial average up there on the way and these are the banking stocks which kind of lagged for a while because everybody thought well you know frank was supposedly going to do something and all these sort of regulations that were brought in to keep them from defrauding the american people but john came in and the republicans are promising to tear up everything well the number that they look at to determine whether or not they're succeeding as politicians is the dow jones industrial average that's going up they consider themselves to be succeeding the underlying fault of this mechanism to distribute the wealth generated by the country is never considered the fact that they wealth and income gap is spreading wildly toward third world status infant mortality up and health care bankrupting millions is not part of the equation they simply look at the dow jones index to divorce yeah mortality rates are not only up for infants but also for working age adults so that is a shock that is some

the dow jones industrial average is down 109 points. i'm sorry, the s&p, the nasdaq has nearly lost all its gains is up about a point. the president making headline after headline in the oval office just over an hour ago, with south korea's president next to him. president trump said he's disappointed with last week's trade meetings with the chinese. he hinted it was the chinese who pulled north korea away from a definitive yes on that u.s. north korean summit june 1st. and the president denying he's back tracking on the ban of the chinese telecom giant zte. that has stock suppliers to zte on the move and in most directions mostly higher. we'll show you coming up. >>> also propelled by china news. u.s. automaker stocks hitting the gas. all of them moving higher after china is desperate to keep zte company from collapsing. said it will cut tariffs on u.s. autos july 1st. never put a date on it before, now they have. but just as china says yes to that, major news, the automakers are teaming up to tell team trump no as in no thanks. to the

the number that they look at to determine whether or not they're succeeding as politicians is the dow jones industrial average that's going up they consider themselves to be succeeding the underlying fault of this mechanism to distribute the wealth generated by the country is never considered the fact that they wealth and income gap is spreading wildly toward third world status infant mortality up and health care bankrupting millions is not part of the equation they simply look at the dow jones index to divorce yeah mortality rates are not only up for infants but also for working age adults so that is a shock that is something that hasn't really happened in the us right here or anywhere drugmakers or in the dow jones you know that goes there actually the biggest opioid is a family owned private business the one in connecticut that makes oxy and all those things are actually not in the right and all the ancillary businesses that support the heroin for you know synthetic heroin distribution they distribute heroin instead of wealth yes the american economy i mean back in soviet days they were

the dow jones is down 140 points. the nasdaq is in the positive and up 37 points. >>> in november, california voters may have a chance to vote on the gas tax. lee martinez has the story. >> reporter: the gas tax was put forward to help pay for road repair projects. according to a new poll, californians are split on how necessary it is. an anti-gas tax that has more than 900,000 signatures to put the question on the ballot. the new $0.12 tax was quietly pushed through the legislature last year without voter approval. caltrans says the funding has doubled the amount of money available for state and local transportation repair. officials announced $2.6 billion in mass transit improvements funded in part by the tax hike. and just as we said earlier, people are split on the tax. >> it is a lot to ask when you have bills in children and children's needs and outside of the -- outside of necessities. >> i think it's important. the roads are falling apart in california and there's potholes everywhere. >> reporter: if it does i

the dow jones is slated to open down 9 points. flat maybe down one whole point the nasdaq up by 10. so relatively stable here. as for the bond side of things, check out what's happening now with treasuries. you heard the talk earlier, the yield curve is starting to flatten a bit, ten-year treasury yields have fallen from 3.112% to 3.01% two-year treasury note yields, 2.835% >>> a federal district court judge says the president cannot block twitter users, even if he doesn't like what they're writing about him. the ruling was handed down yesterday. the case was brought by seven twitter users who had their accountses blo es blocked by tht real donald trump account. after the ruling, one wrote i sued the president and i won >> i have never blocked anyone on twitter even if they came at me with responses that i didn't like when you are president of the united states and you use twitter as a primary means as disseminating your thoughts and information, that stuff should become public for everyone to consume. >>> elon musk is getting buz

it is a member of the dow jones industrials. t five wins in a row for the dow, longest streak in three months. that will do it for the claman "countdown," folks, hope you are here tomorrow. i'll be here too. david: closing in the green for a fifth day in a row, popping up about 184 points right now. the s&p 500 and nasdaq also mostly climbing on the strength in energy and financial stocks. hi, everybody, i'm david asman. melissa: i'm melissa francis. this is "after the bell." more on the big market movers. here's what else we are covering in this busy hour. coming home. three americans held hostage in north korea on their way back to the u.s. right now. the details surrounding their release and what this could mean for the highly anticipated meeting between president trump and kim jong-un. and this is a scene from the iranian parliament, burning american flag

dow jones is down one full percent not quite as low as it was earlier in the session. still, doubts are not having a down day today. >>> tom cruise is back in the danger zone. the 55-year-old star indicated that filling has finally begun on the top gun sql. titled top gun maverick. it will reportedly be about fighter pilots having trouble with drone technology. it is scheduled for july 2019 release. the first movie was the highest grossing movie in 1986. >> and you can recite it word for word. >>> just a few minutes ago, oakland mayor libby schaaf declared it tower of power date in the city of oakland. celebrating 50th anniversary. so happy to welcome amelia casteel and stephen. guests on the mornings on 2 . saturday's show is sold out. tickets are still available for tomorrow night's show. it was a treat today. >> if you're looking for those tickets, go to our website, ktvu.com. we have some information if they're still out there. friday is almost gone as well. hey, best of luck to the warriors. game one of the nba finals. thanks for watching, everyone. have a great a

it won't be sustainable unless the dow jones industrial transportation index hits a high or confirms breakout status in the dow itself the dow jones index is a measure of commerce tracking trains, planes, trucks, freight forwarding come on. that's a good gauge. isn't it both industrialing and transports hit new highs i often tell you the move is legitimate and it can be trusted! it is real this is some of the oldest technical work date back to charles dow, founder and eder of the first "wall street journal" created the dow theory have dratidrat idrat -- validating and defrothing. trying to see if the move is staying power to bless it. look at a host of other indexes. banking index. housing din ex-. semiconductor index, stocks and hth. all-important etf encompassing big retailers. i like to see them move up in sync before i bless the market for pu all indices rolling higher, put the maximum amount of chips on the table. oh, boy, but is the inverse true we get a move up without confirmation from majority of these indices, the whole rally to be a fakeout. >> boo >> and not trusted the c

we were down more than 300 points for the dow jones industrials. you can see that stocks seem to be really staging somewhat of a comeback at this hour. the dow down about 121 points, but can you see that we have the nasdaq, pretty much either flatline or slightly higher. nasdaq up 38, the s&p just flat at the moment, up and down above the flat line, it was green earlier. so as we look at markets, the nasdaq specifically turned positive about an hour ago and has managed to be a little stronger as we wait on apple numbers. it's still a pretty big milestone. we've had the longest stretch in correction territory for the s&p in nearly a decade. specific numbers here, it's been 57 trading sessions since the index entered correction on february 8. that means down 10% from the recent highs. let's get to specific stock stories. do you own pfizer? do you take any medication made by pfizer? the stock is down 4.33%, that's pretty much session lows here. the largest u.s. drugmaker reporting lower than expected first quarter revenue and investors growing increasi

dow jones industrials down 123 points. this is laura. and butch. and tank. and tiny.his is laura's mobile dog grooming palace. laura can clean up a retriever that rolled in foxtails, but she's not much on "articles of organization." articles of what? so, she turned to legalzoom. they helped me out. she means we helped with her llc, trademark, and a lot of other legal stuff that's a part of running a business. so laura can get back to the dogs. would you sit still? this is laura's mobile dog grooming palace and this is where life meets legal. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 milligrams as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study, brilinta worked better than plavix. brilinta reduced the chance of having another heart attack... ...or dying from one. don't stop taki

the dow jones in negative territory. down 385 points. stocks, not only in the u.s., but also europe, sinking today following political turmoil in italy. there are still fears of instability. the nasdaq is down 32 point. >>> tonight on fox 2, we will see the season two premiere of love connection. we talked with the host, and colin, he explained some of the changes we will be seeing and seasoned 2. >>> it is all about choosing lipid they get to go away for the weekend with the person that they want to get the audience chooses the same person, they get 10 grand. there is so many more happy endings this season i love connection. i love a happy ending. >>> i love a happy ending. i also love creditworthy moments. can you point to head to one of the trendiest moments on seasoned 2? >> we have so many-we have got a guy who called the woman by the incorrect name on the first date. we have a guy who started telling a woman what he is going to do when he knocks her up. his words, not mine. we have got so many unbelievable -i can't believe what peo

had been up 160 points on the dow jones industrial average. have lost some of the momentum, let's be fair here. the russell 2000 has been in the red. when you look at market breadth, it is pretty even, we might be close to unchanged line of winners versus losers. energy stocks seeing strength. winners, united health. david: pfizer, walmart, ge. laggards, telecoms and financials under pressure, visa, travelers, johnson & johnson. caterpillar accounts for most of those wins. back to you. liz: thank you very much, nicole. rising interest rates. we've seen it with the 10-year it is at 2.99%. usually sends alarm bells through the market but our next guest says one sector can inflate your portfolio returns no matter if those rates continue to climb higher and higher. let's bring in rich green. the ceo of pnc investments with billions under assets in management. all right. let's get to it. how do you do that? often we get a scare and see the market fall when rates go higher and higher? >> let me start with, liz, we're big fans of cleveland browns. li

wall street there was certainly quite some relieve there in agreement could be on the table of the dow jones industrial average for the first time in two months trading above twenty five thousand points but we are still short of any details if we have just heard to a past week there was this number out in the media that the u.s. is looking to cut the deficit with china by two hundred billion dollars that certainly will not be achieved even close so it really depends on the details so we have wilbur ross going to china this week and we have to wait and see of the holds that we got here at the beginning of the week will also materialize so positive reaction but still an wait and see mode and moving on as we saw earlier u.s. secretary of state mike peo is taking a hard line against iran the europeans have dived into investing in iran other plenty of u.s. companies also regretting the decision by the trumpet ministration. overall and even if you look at business between the european union and iran and that is certainly true for u.s. corporations of business overall is minimal yes you have a coup

person could really see a drop in stock prices especially of the stock prices or stocks listed in the dow jones two hundred sixty points in the negative territory but then it seemed like invest this way changing their assessment office situation and they came to the conclusion that eventually it's not going to have fats a big impact on the market here on the economy so that's why stock prices came back a little bit during the day so they're monsters in a huge impact now but they're forcing to make decisions on geopolitics finally investors getting stuck in the service months q thank you very much the diesel scandal has officially reached dima germany's transport or as he says the comments were installed in legal defeat devices and must say these bans a veto delivery van will have to recall six thousand of them the agency says dima use the technology to switch off the exhaust cleaning systems during driving which would boost nitrogen oxide emissions dima will have to remove the prohibited software from its fans. germany's a leading lender a dollar each a bank is slashing over seven thousand jobs

let's check on the dow jones industrial average. looking like it's going to have a decent start here at the opening. they can use later of course a contentious here in the cia director nominee going to have lots of questions about the use of enhanced interrogation on terror suspects. former vice president dick cheney weighing in on it now. he says waterboarding works. you're going to hear it right after this. if you're approaching 65, now's the time to get your ducks in a row. to learn about medicare, and the options you have. you see, medicare doesn't cover everything - only about 80% of your part b medical expenses. the rest is up to you. so if 65 is around the corner, think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they help cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. so don't wait. call to request your free decision guide. and gather the information now to help you choo

you truly -- utilities and the dow jones is essentially flat. s&p slightly in the red as well. the same story on the nasdaq. >>> a developers conference is underway in mountain view right now. many new tools for google were announced for video, audio, and artificial intelligence. there were also new things for google assistant as well. >> we are adding as of today six new voices to the google assistant. let's have them say hello. >> good morning, everyone. i am your google assistant. welcome to shoreline amphitheater. we hope you and you will -- enjoy google i yard. back to you. >> it creates a more natural voice. he said later this year john legend's voice will be coming to google assistant. >>> your instagram stories could become more interesting. new features that will let you allow music to the story. it can be added to any photo or video. select from a wide range of genres. it is not clear when the feature will be introduced. >>> accusations of harassment. >>> the 49ers linebacker was in court again this morning. the plea he entered during his court appearance. he's been c

the market at some point was down by a good one hundred fifty points and then towards the end the dow jones industrial average even closed it tiny bit higher and what about your interpretation james how could this affect the u.s. companies. well certainly it could effect the defense stocks the defense companies here in the united states and we saw stock prices for example from companies like northrop grumman from lockheed martin trading higher it could affect a company like boeing they have a pending contract for about one hundred ten airplanes in a total value of a good four billion dollars so that deal certainly could be in jeopardy and then also we have to see what happens on the energy market oil prices fell here in the tuesday session but i guess that was because most people actually anticipated that donald trump would pull out and we saw already saw oil prices gaining quite a bit in the past couple of days so my feeling is that we have probably need to sleep one night over those events and then also wait for the global reactions and then we might have a better idea in the wednesday se

it looks like all four indices will open positively the dow jones called up 42 points, the s&p 500 up 4 points. in terms of european markets, the german market is still in the red. the xetra dax down 0.13. in london, the ftse 100 up 0.30. in paris, the cac 40 is up 0.47%. the euro is stronger against the dollar the pound is also stronger against the dollar the dollar is weaker against the yen and the swiss franc. >>> the turkish lira hit the highest level in two weeks as investors welcomed emergency measures by the central bank to simplify its money trar potary framework. the lira hit a record low against the u.s. dollar. moody's has revised down its growth forecast for turkey amid concerns that president erdogan was threatening banks independence erdogan has been vowing to increase control over monetary policy after last month's elek hun. >>> and in china, the official pmi rose to 51.9, and analysts expect a contraction from the previous month the strong figures allayed concerns of a slowdown in china's economy. >>> returning from her trip from sunny paris, joumanna bercetche is here

the dow jones is up 38 points. the nasdaq is up 39 points in s&p 500 in positive territory. >>> the lineup for the treasure island music festival was announced. more than 20 music acts including silk city and laugh track. it will be on october 13 and 14 at its new location middle harbor shoreline park in oakland. it will be called the treasure island music festival. >>> stop what you're doing and get ready for the sound that we are about to play here. were going to play it and then let us know what you here. >> what did you hear? >> some people here yanny and some people here laurel . of viral sensation. some people here differently depending on the device. >> i cannot even imagine hearing laurel out of that. >> yanny, yanny, yanny. we will see you back here at 4:00 . dr. oz: the sugar industry cover-up that may have ontributed to your diabetes, your heart disease, even your cancer. >> they lobby the government to them policies that help and hurt us. dr. oz: an "oz" special investigation. > we barely just scratched

we will share more of this video later on the -- the 4 on 2. >>> the dow jones was down 100 points. even more. 188 points and the same on the nasdaq down 28 points. >> kensington palace has unveiled the carriage that harry and meghan markle have chosen for their procession. the royal couple will take the carriage pulled by four courses through the town center and back for a reception. the guests are expected to attend a wedding ceremony on may 19. >> is that something they have on the property? >> it must be. it is an exciting tradition. >> for a lot of people it's exciting and for others it's a wedding. >> thanks for watching, everybody. our next newscast is the 4 on 2 . we leave you with that beautiful shot right there of the golden state warrior flag. have a great afternoon, everyone. >> how did the woman once described as the most hated mom in america walk away a free woman? the woman who befriended casey behind bars is revealing what casey really knew about the disappearance of her daughter. plus, accused of holding their 13 children captive. an exclusive look into louise and d

the dow jones was having a great session until recently.e are watching quick drops on the s&p which is just above sea level. nasdaq is up more than one half of 1%. >>> bank of america will give support to remington. they said they would stop financing military guns after the shooting in february. bank of america is contributing over $40 million to a lending package by seven banks. the goal of the loan is to help remington emerge from bankruptcy . >>> evacuations remain in effect with people in hawaii. the kilo while you volcano -- the kilauea volcano continues to spew ash and lava. >>> -- >>> we're going to update you on breaking news. an ambulance with the patient inside was involved in an accident late this morning. it happen in lorenzo. the ambulance flipped on its side. we have learned a total of five people were involved in this crash. >> three of those were ems personnel. a patient inside the ambulance also received major injuries. the condition of the other driver is unknown. investigators are at the scene and will be there trying to

dow jones is up most three quarters of 1%.77 point. >>> or your tickets against the houston rockets are now on sale. presale got underway for season- ticket holders and people on the season-ticket priority waitlist. then, at 2 this afternoon, fans at the warriors insiders club can buy tickets followed by all the warriors insiders at 3:00 and finally, remaining tickets if there are any left will go on sale to the general public starting at 6:00 tonight. the warriors do not have home court advantage. game three is sunday, may 20. >>> but your seat on the couch is always free. thanks so much for joining us here at noon. we hope to see you back here with more news with the 4 on 2. catch up with your news on ktvu.com, facebook, and twitter. i'm dianne feinstein and i approve this message. i thought after sandy hook, where 20 six and seven year olds were slain, this would never happen again. it has happened more than 200 times in 5 years. dianne feinstein and a new generation are leading the fight to pass a new assault weapons ban.

the dow jones is up 172 points. is gaining strength. energy strokes -- energy stocks got a boost. the barrel has gone over $70. >>> new numbers show california is not seeing the anticipated windfall from the legal sale of recreational marijuana. the state has projected $175 million from taxes from january to the end of june. our state only receive $34 million in marijuana taxes between january and march. california will get less than what was protect -- predicted. marijuana clubs experienced in obtaining licenses. >>> a study finds california leads the nation when it comes to poverty and homelessness. leaders say they are funding several programs to tackle the program -- problem. most programs designed to help the poor and homeless are not working. >> last year we spent $18 billion on so-called poverty problems. that makes those in poverty more comfortable but it's not doing anything for them to enter middle class. >> about 20% of california's population now lives in poverty. the national average is just below 15%. >>> good news for bart riders. we will tell you when you could see

the dow jones industrial average.in the tariff and aluminium steel issue. now that has been suspended. the nasdaq composites index down. including the likes ofjapan. nasdaq composites index down. including the likes of japan. you have been watching asia business report. the top stories this hour. iran has dismissed claims by israel's prime minister that it's been lying about a secret nuclear weapons programme. cardinal george pell will learn shortly if he's to face trial for charges of historical sexual assault in australia. he denies the allegations. a man who's terminally ill has appealed to judges to allow him to die with dignity. noel conway's challenge to the law is being heard at the court of appeal tomorrow. mr conway has motor neurone disease and he's been speaking to our medical correspondent fergus walsh. yep. 0k. there's an underlying feeling of profound anxiety that i live with, and that is, i don't know how i'm going to die. little by little, noel conway's strength is fading. motor neurone disease means h

on wall street on tuesday, the dow jones industrial average fell i.58%, the s&p 500 lost 1.16%.in the eurozone's third—largest economy — which could come as soon asjuly — may become a de—facto referendum on italian membership of the currency bloc and the country's role in the european union. a quick look at sugar. here it is. there is gold staying steady, as is sugar, brent crude down 0.52%. up next newsbriefing, where we'll take you through the stories making headlines in the global media today. an independent report has accused kensington and chelsea council of being slow and lacking direction in the weeks following the grenfell tower disaster. the research commissioned by the muslim council suggests that the authorities relied on voluntary organisations to help those in need — and says the disaster should be a wake—up call about how to deal with future emergencies. ben ando reports. in the chaotic aftermath of the blaze at grenfell tower, everybody wa nted blaze at grenfell tower, everybody wanted to give. clothes, food, supplies. and hundreds of local people stood forward wi

dow jones industrial average down 64. s&p down for, nasdaq and 17. tranter yesterday the dow lost 140 points by health care and industrial stocks for the index managed to eke out a point to 5% gain at least for the month of april. gerri: i'll take that. most global markets closed today for labor day holiday. in europe the british ftse is open right now and it is up about a quarter of a percent. cheryl: stocks in asia mostly -- actually closed. only the nikkei trading appoints 66%. every other asian market closed for holiday. gerri: tennessee whiskey maker jack daniels followed a lawsuit over the shape of its bottle. we will explain. "fbn:am" starts right now. cheryl: 501 am in new york. tuesday, may 1st. i'm cheryl casone. gerri: i'm gerri willis and for lauren simonetti. transcriptase they've gotten may first tend to talk about. things are getting a little brighter. gerri: and yet you have your boots on. cheryl: got a good sign. the trump administration extending deal in aluminum tariff exemption for the european union, for canada and for mexico for

we have the dow jones industrial up 365 points, earlier the higher the session, 403 points so we do have the dow flirting with what would be the green line for the entire month. the s&p is up 37, the nasdaq better by a mass of 127 points. ) well gun enthusiasts are gathering, we are live in nebraska. welcome. this is what they call the woodstock for p-uppercase-letter this is the warren buffett shareholder meeting. more than 40000, we understand have about 42000 tickets they have sold. how do you get a ticket? you own a share or more of berkshire hathaway which today is more than $300,000. the first one of these meetings was way back in 1965. warren buffett had cobbled together what he hoped would be what it is today, a massive conglomerate of many, many companies, now at about 62 at last count and you can see that what started in a cafeteria with about 12 people, look at these lines. the meeting is in today folks, it's tomorrow. we have never seen, and we've been covering this for foxbusiness for ten years and i've been another two years, back in the old day, we've never seen lines like

the dow jones down through 20, the nasdaq down 14. you are watching "fbn:am." -- these mom? dad? hi! i had a very minor fender bender tonight in an unreasonably narrow fast food drive thru lane. but what a powerful life lesson. and don't worry i have everything handled. i already spoke to our allstate agent, and i know that we have accident forgiveness. which is so smart on your guy's part. like fact that they'll just... forgive you... four weeks without the car. okay, yup. good night. with accident forgiveness your rates won't go up just because of an accident. switching to allstate is worth it. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. cheryl: and welcome back. cleveland cava

five hundred history and the dow jones has three in all the market history and yet they somehow had to write down a large percentage of likening you know this famous a porn star now crush the williamson to what's her name since the only down or made daniels to teach sunday school is getting warren buffett to talk about technology he has said for years he knows nothing about technology he knows about a rail. road system he knows about. trains and he knows about wrigley gum and chewing gum he's been trying to buy hershey's chocolate bars for this entire career because he likes chocolate he likes candy and he's in it that's the stuff you understand it's got to be really simple like to like him and charlie eat baby food because they're too old to eat regular food so he buys baby food and that's is that mentality that's the level of his understanding technology he's an idiot he's a dunce he doesn't understand it he missed all the technology stocks i mean look bill gates they were train ride for days and try to get warren to buy microsoft stock he bought one share as a novelty and missed the

reporter: happy friday, 400-point gain on the dow jones industrial average. i know you'll take it. the dow and the nasdaq move into positive territory for the week. apple, many winners on the dow jones industrial average. apple moving to a new high on reports that berkshire hathaway, warren buffett's berkshire hathaway took in another 75 million shares. just showing confidence in that particular company. so a record high there of 73.80 and change. results for pandora, stock jumping otrack for the best day since the debut, shake shack and weight watchers, shake shack up 23% for the burger chain. big move there. new highs after the numbers and weight watchers, oprah winfrey a huge shareholder there. up over 2%, up 3% today, more subscribers, so certainly a winner there. big picture, doing very well there after the jobs report, people are thinking we'll instead get two more rate hikes rather than three and surprisingly get the optimism late in the day for a winning week on wall street. ashley: what a way to wish the week. guess who's back? james freeman and jason chaffetz joining us ag

earlier than expected >> it is, indeed >> kelly, that's right activision halted trading because dow jonesad inadvertently broken the embargo on numbers, saying, we issued a correction and reviewing the process and regret our error as well as breaking the embargo now, because of that broken embargo, they have released their numbers, earnings beating estimates coming in at 38 cents per share, and estimates were for .35 cents in earnings. revenues beating estimates at 1.8 billion versus estimates of 1.32 billion now, the company says that based on the strength of q1 and comp in the franchises, modestly raising full year outlook expecting revenues and operating income for 2018 to be more than the last six months of the operating results. to that end, we see q2 guidance weaker than analysts expectations, and eps, adjusted of 31 cents versus estimates of 47 cents and revenue lighter than estimates, but the full year guidance raised, still below estimates, and the company projecting adjusted eps of 2.51 versus 2.61 estimates, and revenues a hair lighter than wall street estimates, but interestin

dow jones industrial average to open 185. nasdaq down 42.5.don straightahead on "fbn:am." ♪ fixing what went wrong. and ending product sales goals for branch bankers. so we can focus on your satisfaction. it's a new day at wells fargo. but it's a lot like our first day. wells fargo. established 1852. re-established 2018. every child is precious every child deserves to feel loved but so many little ones born with clefts feel nothing but pain and loneliness. operation smile is helping these children the volunteer doctors and nurses provide free surgeries in some of the poorest places in the world i'm so proud to be part of this amazing work join me today and help give new smiles to children learn how at operationsmile.org gerri: well come to italy facing a political crisis after the president rejected an attempt to new government that's skeptical of the euro. could there be a rome exit. joshua mahoney at ig in london joins us now. is there concern that this thread the stability of the euro? are we going to get a brexit type scenario here? >> goo

up over 200 points for the dow jones industrials. [closing bell rings] the dow is up six days in a row. now positive for the year. that will do it for the "claman countdown." it is friday i hope you're here with us. trish: winning on wall street. stocks climbing today, the dow ending up 197 points. off session highs, up almost 200 points. s&p 500 seeing green. longest winning streak in two months. i'm melissa francis. david: a good day. i'm david asman, glad you could join us, more on big market movers. here is what else we're covering for you. again a very busy hour. starting with the middle east. it is on edge right now, israeli military striking dozens of iranian military sites inside of syria in response to rocket fire from them. israel and iran be headed for all-out war? we'll have latest developments. >>> we now know the date and the place. we told you yesterday the place, where president trump will hold his historic meeting with north korea's kim jong-un. this is coming on a day when three exhausted american hostages stepped fo

futures pointing to a higher open on the dow jones. implied higher by 38 points.asdaq higher by 33 points the s&p 500 stands to open higher by more than 3 points first the big story of the day, apple. shares shooting higher after the company topped earnings expectations and announced a 0 $100 billion buyback let's get to arjun kharpal with more on apple's big quarter. >> good morning. let's dig into the key bits of the report here. that 1$100 billion share buyback investors were excited about that in this quarter apple gave back share holders 22$22.8 billion v buybacks, that's record sum for a quarter. so they continue to reward investors. that is keeping them happy about the stock. next key figure is iphones while the unit numbers were up 3%, revenue increased by 4%, which gives us a sense that customers were purchasing the higher priced iphones, that made tim cook excited on the earnings call, where he said customers were buying more iphone 10s than any other model each week in the quarter. not as gloomy as many feared another key part of the earnings report was

the dow jones in the middle of a five-day winning streak now. we are still down for the year, but over the past week caterpillar, apple, and jpmorgan chase all up 5%. let's put this into a blender and come out with something edible, chad morga flshgsla gmos us now we asked viewers what is the most important thing happening, the global economy being strong, oil prices moving up, the 3% bond yield or something else 36% said the strong economy matters most do you agree >> i totally agree if you have an acceleration of the global economy that would bode well for trade and earnings one has to keep an eye on inflation trends as well as the risk-free rate >> that's jargon watch what is risk-free rate mean? >> the fed funds rate, the five-year yield on the u.s. treasury as well as the ten-year yield, those are competitive asset classes to equities. so as you start to see the interest rates go higher, then investors say, can i get a better return that's less risk being in a five-year bond. that becomes more competitive. over the course of the last nine y

reporter: noted it, we saw selling across board, dow jones average, lowest level down 505. it kicked off with political concerns in italy, concerns about antiestablishment elect there. and whether or not that government would move in and pull them right out of the euro. we saw currency move. the nasdaq to the down side, and s&p down 1.1%, russell has not been affected. a small move down. and the best performer of the four year-to-date. looking at laggards, j.p. morgan, you mentioned financials that accounted for about a third of the dow jones average loss, and j.p. morgan down 4.2%, selling of broad-based, the financials got hit hard. and the 10 year bond yele that finish -- yield that finished 2.78%. we saw 10 year bond yield below 50 day moving average. looking at them one more time, morgan stanley a big laggard there. and j.p. morgan put out some comments pertaining to revenue, markets going forward, relatively flat, spooking the market. and oil, has been selling five-days in a row, moves to lowest since april 17. 5 days is selling, not a streak like that since february.

. >>> welcome back good morning happy friday futures indicating a slightly higher open for the dow jonesn, not a big move up, but still in the green today all this despite the north korean news, deutsche bank, italy, let's get a man who can tie this stuff together, larry mcdonald head of macro global strategy, editor of the bear traps report, a cnbc contributor. we have this north korean news it's a huge geopolitical story i get it does it matter for the u.s. equity market at all >> it's part of the trump populous agenda, if he backs away a bit near-term it looks good for him he wants to do the best deal he wants to do the best deal with china at the end of the day he wants to do something closer to the midterms backing away now is not a big deal for him he looks at it in terms of, okay, the midterms are in november he wants something more in september. >> if we were to list out the global macro worries, if somebody asked me, what's the story, deutsche bank is the biggest. all this stuff knitly goi lin ig on, then north korea how would rank it. >> i would put it that way, too but also ta

. >>> the dow jones is up by one 12:45 percent.s essentially flat. >>> cisco announced it's removing it adds from youtube. it made the announcement yesterday but then took the post down one day later. it said it was afraid of putting ads on sensitive content. it came after a recent report that add ran on extremist channels on youtube. a log removed -- blog removed youtube's name from the announcement. >>> the billionaire entrepreneur elon musk made the announcement on social media, posting this. he will be offering free rides on passenger pods to the public in just a few months. construction on the tunnel again almost a year ago in the parking lot of spacex's headquarters in hawthorne near los angeles international. the test rental -- tunnel runs 2.7 miles. >>> hyperloop route. he replied to a tweet about his announcement about the test tunnel in los angeles. he tweeted that he hopes to break ground next year on a san francisco to los angeles hyperloop that will be able to transport people or cargo with maximum speed of more than 7

the dow jones up 362 points. apple approaching the number of all-time highs. is up about 4% today after billionaire warren buffett said that his company bought even more of apple's stock. >>> if you have a twitter account, you may want to change your password. the company discovered a software bug that saved passwords on an internal log without encryption. they say the advice comes out of an abundance of caution. twitter said it does not believe any of the passage -- passwords were leaked or misused. >>> company is looking to sell kids as a way to -- kits as a way to cut costs. it's an effort to attract customers while facing increasing competition from another meal kit sellers. it's being tested here in the bay area along with the pacific northwest. the search for a prowler in one south bay neighborhood. >> it's creepy. >>> what neighbors say the suspect was doing when they spotted him and the latest on the police investigation. >>> people being victimized again. the crime trend that is slowing the process of rebuilding after the fires. >>> happening today, t