but first deirdre bolton is standing by in the fox business newsroom.ith everything from wall street to main street. dierdre: president trump making waves when he broke from a longstanding white house protocol and openly criticized the federal reserve. he qum explained that fed is putting the u.s. economy at a disadvantage by raising interest rates while chain a and the e.u. manipulate their currencies. he threatens tremendous re fly biewtion against the e. -- tremendous retribution against the e.u. that said, markets closed mixed by week's end. microsoft stock surging after a strong earnings report. it hit an all-time high with a strong business in cloud business. comcast is dropping its bid for 21st century fox. comcast will try to buy sky tv in europe. the e.u. imposing a record $5 billion fine against google. google has 90 days to comply or face another fine. google has said it will appeal. maria, back to you. maria: as the market and investors continue to react to microsoft earnings. the company continues to make the cloud its number one priority.

let's get over to the fox business newsroom. reporter: another busy news week. president trump drew a hard line in the sand at the nato meeting in brussels. he insisted the members pull their weight and increase defense spending. president trump: i want fairness for the united states. nato is very important. but nato is helping europe more than it's helping us. reporter: he expressed his support to do business with the u.k. with or without brexit. president trump: once the brexit process is conclude and perhaps the u.k. has left the e.u. i don't know what they are going to do. but whatever you do is okay with me. that's your decision. reporter: jpmorgan led with a strong quarterly report. their earnings rose 26%. and revenue climbed 10%. wells fargo missed big last square while citi's earnings report was mixed. despite trade concerns with china, all three major markets closing firmly in the green. in washington the justice department announced indictments against 12 russian nationals. the doj indictment accuses them of hacking into several computer networks incl

let's get over to the fox business newsroom. reporter: another busy news week. trump drew a hard line in the sand at the nato meeting in brussels. he

but first deirdre bolton is standing by in the fox business newsroom. with everything

let's get over to the fox business newsroom. reporter: another busy news week. brussels.

but first deirdre bolton is standing by in the fox business newsroom. with everything

busy monday morning for you. let's go to "america's newsroom" a-team jessica tarlov, junior director of research and author of america in the age of trump and fox chairman of go pack. chris stirewalt fox news politics editor and editor of halftime report. great to have you on this holiday monday morning. jessica, start with you first on this one. this is the message that your party seems to be spreading right now. >> some of the party. not really those at the top. i think it's an important discussion to be having how we can reform ice. we should all keep in mind ice is only 15 years old. it isn't saying i want to abolish the police department or get rid of the military. it is 15 years old so it is reasonable to say there could be tweaks to it we need to reform the system. i don't think going into the mid-terms it is a good idea for it to be a campaign slogan with immigration such an important issue for president trump winning in 2016. >> sandra: the president seems it is an advantage to him and his party. >> let's keep in mind there are some democrats who getting rid of ice is only the beginning. they would like to get rid of the military if th

newsroom." a-team josh holmes former chief of staff to senator mitch mcconnell. mo elleithee is a former communications director and david asman is co-host of after the bell on the fox businessfar. good morning to all of you. what do you make of things so far, david? >> we've never seen anything like this where a president of the united states in front of all of his allies, nato allies, lays out stuff that is very uncomfortable for them and particularly focusing on this pipeline. everybody thought it would be over the nato spending issue. this pipeline has hit a real nerve. what it amounts to and what he laid out very clearly is that it is crony capitalism. it is something that doesn't make economic sense in a pure form. a political move that really hurts our ally ukraine, by the way, in a very significant way because it is going to send gas through the baltics rather than through ukraine. it will make it easier for the russians to cut off ukraine if they want to squeeze it as they have in the past. but it is also something that was put forth by former german chancellor schroder, a member of the board of gas from -- the russian energy company, he is a member of the board tha