senate file i can't and melissa and nicole jones and andrew and justin and curby olsen and a mile-an-hour and johnny,es he mettled and denver e devon and maria and adidas tang i believe your arrest here for a 10 week summer program we welcome you and look forward to working with you and make a moment to thank 89 i can't organizer of the are internship and has done a fantastic job in organizing this and training the interims giving them a range of experience so we welcome you for the summer >> welcome. >> item 5 review of past events at board of supervisors the board of appeals and the historic preservation. >> good afternoon aaron starr at had this week's planning committee we had an informational policy sponsored by supervisor campos it will amend the in take procedures to get an application if the project sponsor of at least 10 dwelling units about internal policies that discriminate against the lgbt community it was heard and the commission voted for approval. public comment at the land use hearing note that the lgbt community continues to phase discrimination and emphasis the data tha

liz: dow jones industrials down now 160 points. let's go right to nicole, david.the dow jones industrial average down below 11,000. of course we see this exemplified by couple of things. first, price of gold way up again and the vix at a big high. >> no doubt. we've seen the vix and markets reacting to all the news pertaining to the malaysian aircraft that was shot down we assume, not sure. we saw the markets fell off. safe haven of gold and treasurys occur. this after a record earlier this morning on the dow. liz: we need to point out, i think you just talked to ben willis, the selloff we've seen, we were down about 139 points, then it hit the tape, nicole, israel has soldiers on foot in the gaza strip launch aground offensive that brought us even lower? >> amazing we hit lows of the day. tried to recover. [closing bell ringing] concerns about israel and gaza. there may be temporary cease-fire for six hours. we started to come back off the lows. david: as we close, we're seeing pretty far to the bottom side of this market here, 165 points on the dow. significantl

nicole: is really shaping up the dow jones industrial average.et's start with a number for visa, 21165 in trading, is down nearly 5%. it cut its growth forecast and is shaving off nearly 70 dow points, 70 negative dow points. almost half of the dow's losses are because of visa alone. let me tell you why these are to the downside. is the world's largest credit-card debit card company but they talk about a few things. so much revenue or volume comes from 60% of that. part of the issue is a strong u.s. dollar sitting around eight month highs versus the euro and that impart has taken a toll on them so they say they are cutting their full year revenue growth forecast to 9% to 10%, down from 10% to 11%. with that growth forecasts being trended, mastercard is down with it. stuart: if you look at the overall big picture, visa fits into the picture of pessimism about the long-term growth track record we are going to see in the second half of the year. it is only a slightly bad negative forecasts. 10% to 11% growth, that is not a huge downside forecast. ni

nicole, thanks for your time, and if you want-we want to be clear, the offer to ms. jonesshow here is still open, and we would be happy too hear from her. >> all right. a huge blow to team brazil in the world cup. superstar neymar goes down with a fractured spine. >>> and wimbledon has a winner. results of latest final, ahead. for the evert time.. she let him plan the vacation. off the beaten path: he said trust me: he implored alas, she is beginning to seriously wonder why she ever doubted the booking genius planet earth's number one accomodation site booking.com booking.yeah! when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. sfx: sounds of marching ban

nicole. >> we were in record territory with the the dow jones industrial average. this morning when the dow moved to to 17, 120. and they came out and gave a picture on the economy and basically saying yes. we have a recovery. but there are so many things that they are worried about. the economy is extending in the moderate pace and mortgage rates are on the rise and there is concerns there. and she talked about the labor force, right. we have seen improvement and recovery, yes, that is great. however, it is extremely slow and that labor force, and basically americans who want to work and willing to work is at 30 or 40 year lows and people become disgrunteled and they don't want to look for jobs and they are frustrated and that's what janet yellum is talking about. you need to have people in america who want to work and be able to get jobs and they have gotten jobs and part- time jobs and paying jobs that are less than what they are used to. and what is interesting. janet yellem talks about social media with facebook and yelp and we are seeing them selling off. she

nicole: i am nicole petallides with your fox business brief. dow jones19 points, we have not seen the dow down 200 points since the middle of april. the loss of 2.3%. look at l 3 communications, and the new ceo is coming on board with pepsi, paying $19 million in order to give up pepsi perks and build 3 communications to the downside, four people have been fired, one resigned in the aerospace unit's. this is 15% now. keep a keen eye on expedia, linkedin, and they are to the downside, linkedin down 3%. the real halftime report coming up next on "varney and company". thank ythank you for defendiyour sacrifice. and thank you for your bravery. thank you colonel. thank you daddy. military families are uniquely thankful for many things, the legacy of usaa auto insurance can be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life. stuart: terrific time for the real halftime report, the dow is up 200 points. tres knippa in new york, next to me liz macdonald, w

dow jones industrials hitting new record highs, flirting with that pivotal 17,000 level. it's just psychological right, nicoleransports record, a russell 2000 record, an s&p record? >> i thought you were about to ask me where were you when the dow hit 10,000? i was going to say right here on the floor of the new york stock exchange in 1999. here we are looking at dow 17,000. we were a point and a half away today. we'll see, we're 20 points away now as we go into this closing bell. we've seen, actually, tech, biotech, small caps helping us, internet as well, and we know that energy and utilities have been winners all year long, liz, but the traders as we're going into the closing bell now, there's lots of action here. we've seen many new highs, 9% of the names on the s&p 500 are hitting new highs. i know it's been very accommodative, the fed, but you can't deny many companies are posting better balance sheets overall. you've had a very resilient consumer who continues to spend despite the fact they're still worried about whether it's their job or the economy or the value of their home. that being said, we are

nicole, just a blip. momentum is to the upside. in fact they were absolutely right. we're setting new intraday record for the dow and dow jonesportation average, another record there. the dow looks like it might have the 15th record close. we have names reporting earnings over the next 24 hours. we'll keep a keen eye on those, melissa, including goldman sachs, intel, jpmorgan, johnson & johnson and i can't yahoo! worth noting intel is hitting multiyear highs, that we haven't seen in 10 years. melissa: nicole, another american company making moves to es can cape the taxman? i like that. which names are you watching? >> something we're hearing over and over again the last several years. we're looking at abbvie. based in north chicago, illinois. they're close to a deal with shire in dublin. with that the new combined company could benefit from being abroad at lower corporate tax rate in the u.k. could be a $53.5 billion deal. melissa: nicole, thank you so much. >> thank you. melissa: apple's stock on the rise, following upgrade from barclays. problem with the iphone 6 could upset the applecart. one analyst claiming that a five 1

issues realizing more than most, let's get to nicole petallides on the floor of the stock exchange with more on this. >> it is down 250 points here on the dow jonesaverage but we had ipos and this is one of them. synchrony you can see now at number 0. ahead and open of $23, a high of $24, a low of 20 to 60. this is g e's credit card unit. they have been trying to spin it off during the financial crisis. it was a bone of contention accompany, they're spinning off the credit card unit that made its muted debut at the stock exchange but just the fact that there were gains in nearly going is a good sign, a large provider of private-label credit cards in the united states. it raised $2.9 billion in the initial public offering so it is the biggest one of the year. in the meantime as we go to the closing bell we had at dow 30, of 30 names on the dow jones industrial average have been losers, all ten sectors watching the vix, it is an interesting day. tomorrow the monthly jobs, t mobile. and t mobile and sprint. >> times have fun with their change. you got to fight with your right to not be issued a ridiculous parking ticket. now all your problems can be

nicole: that is right. they came out with their numbers. better than expected. not only is intel leading the dow jonesng the others up along with it. how about arm holdings. also a winner of 2%. certainly, the semi conductors in particular. stuart: helping microsoft. still the pc and operating systems. where have you been, nicole? nicole: new highs. do not leave out new highs. stuart: i am close. i know we are close. all right, no cool. thank you very much indeed. i want to talk about obamacare. nearly a half of emergency room doctors say they have seen more visits this year. nine in 10 expect those to rise in the next 10 years. your urgent care clinic. he says his business is clean. your urgent care. that is in urgent care facility chain. >> exactly. >> i am a partner and direct there. stuart: this is where people flood into when there is something wrong with them on a short-term basis. >> if you have an emergency that is not life-threatening, you come to see us instead of in emergency room. stuart: covered healthcare. they are flooding into their. >> i have seen definitely an influx. that is where t