i am lauren simonetti joined by nicole petallides. welcome to try and make first look at the latest breaking news and what you can expect with a busy day ahead. nicole: asian markets plunged overnight. china is right in the middle of market mayhem. >> we had a perfect storm right now with forces all over the world colliding together. china is number one with a bullet. site is number two. but these things together in his gut investor concern. their relatively high so they are prone to correction. the first we've had since tony levin. nicole: started the week with a .5%. for details we got a tracey chang lab in beijing. good morning, tracey. reporter: good morning, nicole. a .5% marks the biggest single drop in over eight years. the stock fell across the board with investor confidence from freezing levels now the shanghai shock exchange with the 10% daily tanking value as them is beijing is allowing funds to purchase a share in the asian market sales to investors. in hong kong, market plunged as well. hang seng down 5% mark in the lowest

i'm lauren simonetti joined by nicole petallides. >> welcome, everybody. >> welcome to "fbn:am," your first look what is moving in the market this is friday morning. latest breaking news. what you can expect in day day ahead. >> joining us is kathleen brooks. she joins us live on the telephone from london. kathleen what we have seen is major selling. the nasdaq has a major selloff. we haven't seen that kind of a selloff since october, nasdaq, global markets. kathleen, $2 trillion in global equities are wiped out. where do we go from here? >> we think there is chance to guy higher here, not every market. depends what happens on weekend. china is slowing down. terrible manufacturing pmi today. they have a habit, chinese policymakers changing policy in the weekend. if they manage to cut liquidity and interest rates i think we would be set up for strong recovery rally come monday. >> kathleen brooks, thank you so much for joining us. we appreciate your insight into these markets. to sour point, whether we see from china more stimulus wil

nicole petallides has a preview in economic and earnings.e: earnings season mostly over but we will hear from familiar names, shake shack after the closing bell up 200% for the ipo in late january. of the highs recently people lining up at the stores to get those burgers and we will get results from retailers ali baba, macy's wednesday, coles, nordstrom and they later, j.c. penney reported numbers on friday, that is very key, could be market-moving and as for economic news reports on second quarter productivity tomorrow, retail sales out there is a. don't forget what we saw in june, to the downside. consumer spending accounts for two thirds of the economy so we will factor that in and weekly jobless claims. producer price index, industrial production, consumer sentiment, we will see how you are feeling, the back-to-school season is going to be tough, we look at real wages which are stagnant. we are looking at the fed to see what the fed will do if they will take the jobs report friday and run with and to lift off for say not quite ready yet.

i am joined by lauren simonetti and nicole petallides. welcome to "fbn:am," the latest breaking news and what to expect that they had. president obama cracking down on greenhouse gas to combat climate change. the president said to interstate cuts on american power plants flashing emissions of 32% by 203730% he proposed last year. administration releasing the video head of today's announcement. >> power plants are the biggest single source that contributes to climate change. until now there have been no amount of pollution as players can dump into the air. trade to more than a dozen statement: mr. expected to be hit the hardest by new regulations have argued pledge to sue the environmental protection agency. "the wall street journal" reports the natural resources six acted to file for chapter 11 bankruptcy protection as early as today due to a sharp drop in core prices. greek stock selling off after trading resumed following the five-week shot down during the debt crisis. things like the mustang issues of the daily limit of 30% as the comp

i am lauren simonetti joined by nicole petallides. you are watching "fbn:am," your first look at the latest breaking news and what you can expect for your day ahead. nicole: investors may be reaching further and acid pills again today. stock index futures pointed to a solid game this morning when trading resumes at 9:00 a.m. here in the states. stocks reached the early games sharply to the downside. tuesday's selloff that the s&p 500 and correction territory, joining the taliban nasdaq as well. what can we expect? a great cast for you here this morning. gary smith, group president, also fox news contributor joining us on the television this morning. what do you expect dean? >> i've been doing this for 30 years now. the other day on twitter ]-right-bracket never seen a market they does. you normally go through times where this is like 872,008. the amount of volatility day-to-day company you have just got to say we are passive. right now where we get those plus 50 minus 50 days on the dow. short answer, i think we have more volatility at

nicole petallides has the latest. nicole? >> reporter: deirdre, what a busy day on wall street, that's an understatement with the dow dropping 530 points and tacking onto yesterday's 360-point loss. what happened? wow, everything fell out of bed and nobody was biting anything. the buy on the dips thing was out the door. as a matter of fact, when they left yesterday overnight we saw selling in stocks and index futures. we got a weak china number, right, with manufacturing number showed contraction. so with weakness in china and overnight trading, we came in and they saw the selling upon selling. no bottom feeders to be had. rather short betting to the downside than make any bets at all. and next week, i was asking traders, what are you going to do monday morning? i said nicole, i have to wait and see what china does. what happens in asian trading and european trading? as you noted, the biggest sell-off we've seen in four years. the vix, the fear gauge, biggest gain ever in history! so are we oversold on equities and overbought

i am sandra smith joined by train fixing nicole petallides. welcome to "fbn:am" from your first look at today's markets, the latest breaking news and what to expect that it had. breaking news this morning that democratic president now turning over her private e-mail server she used while secretary of state to the justice department. investigainvestiga tors look into whether classified information was improperly centers toward on the device. >> she didn't turn it over voluntarily. the fbi is doing investigation. the investigation looks into possible criminal mishandling of classified information and in the course of that, they asked who had access to the server while she was using it. who's had access to it since? sandra: all the questions. the clinton campaign sending me some thumb drive with copies to the justice department. mrs. clinton did not send or receive classified information on her private e-mail account. breaking this morning, bernie sanders is surging ahead of hillary clinton and the new latest hamster poll. a franklin pearce unive

i'm sandra smith joined by lauren simonetti in nicole petallides. welcome to "fbn:am" come your first look at today's markets, latest breaking news and what to expect that they had. breaking this morning. police making several arrests in ferguson, missouri after hundreds of protesters regrouped. some demonstrators blocking a traffic lane and throwing water bottles at officers. the foresight of protest marking the anniversary of michael brown said. a grand jury in the justice department declined to prosecute a white police officer who fatally shot around. st. louis county executive has declared a state of emergency in ferguson after an 18-year-old man was shot and critically wounded by officers in an exchange of gunfire sunday night. ferguson business owner talks about the shooting. >> my reaction to this is these people that want to do this destruction and they want to call everybody racists are taking these nice people that are racist and linking them to the edge a little bit. you are not doing good for your own people and you've got to stop this s

joined by nicole petallides. sandra smith is off today."fbn:am," latest look at breaking news and latest in the markets and what to expect for the days ahead as we start the weekend. islamic state is accused using chemical weapons against iraq. wounding some 60 kurdish protection forces who sustained throat injuries consistent with mustard fast. intelligence agencies say this is the first indication isis has obtained a banned chemical. it shows increased sophistication in their capabilities on the battlefield. officials say isis could have obtained chemicals in syria. that is where inspectors have been unable to verify claims by the syrian government that it did destroy all of its stockpiles. >> from one tough story to another, investigators looking into the cause of two huge explosions earlier this week at a warehouse in northeast china. that stored volatile chemicals. [explosion] chinese official defending firefighters who initially used water on the fire. saved experts say that move could have contributed to this disaster. the blast kil

i'm also joined by transfixing nicole petallides. welcome to "fbn:am," your first look at the latest breaking news in what to expect today had. more on the breaking news in south korea appeared returning fire after north korea shot an artillery shell. the defense ministry says that surveillance equipment detected a single north korean shell fired across the border. south korea fired back dozens of shows coming after the north said it would retaliate from the south korean broadcasts critical of alleged north korean provocation. the south say in the northlake man lines to south korean soldiers. lauren: also breaking this morning -- you are looking at a violent protest in st. louis. police there are resting at least nine people after demonstrators ignored requests to clear a street. >> at the intersection of page and will come and they block the intersection. as officers asked them to leave, glass bottle started to return to officers. officers had to use shields to protect themselves from the objects being thrown. lauren: the angry prot

i am sandra smith joined by trend six and nicole petallides. you are watching "fbn:am," what to expect that they had. fox has learned the director of national intelligence is concerned about the state department's unwillingness to turn over hillary clinton's e-mails. the inspector general's office tried to look into whether sensitive information was included in those e-mails. the case draws strong criticism from a republican candidate. >> you hillary clinton has the secretary of state dealing with confidential information was classified information thinking her server with a safer than state department's firewalls. >> the actions of the u.s. justice department is highly likely it was top secret information in these e-mails. sandra: made by the clinton campaign assuring classified materials over the private server. former president jimmy carter suffering from cancer. mr. carter said his recent liver surgery reveals he has cancer that has spread to other parts of his body. the 39th president is 90 years old. he said additional information will be

i am lauren simonetti joined by nicole petallides. to welcome you "fbn:am" come your first look at today's markets, the latest breaking news and what you can expect your day ahead. nicole: another down day for chinese stocks for the shanghai composite fell another seven points 6% and this comes on the heels of the 8.5% selloff. in the financial system to the tune of $23 billion to counter capital outflows and also falling stock market. training for joining us now for reaction over the past two days is kris days is crispy chimp, market analyst at ig group in london. so this balance we see, does it have legs? >> of course it's always difficult to say, but we have a lot in u.s. markets in london as well. certainly being very popular. it could easily be a big selloff and we came back for the rest of the year. lauren: those bargain hunters came in with the dow was down 1100 points. mutual funds and hedge funds come in and buy stocks. are you buying anything? lauren: >> loosing quite a bit of buying. i think we are just waiting for the sell

nicole petallides is there. h a big sentiment change at the close from the past six sessions, right? >> i saw your bulls, right? the running of the bulls. look what happened today.

you made it i'm nicole petallides. >> i'm lauren simonetti. hello. sting the biggest two-day point gain ever u.s. stocks are now pulling back. the dow is down is 105 points. zapdown 13 and nasdaq down 22, nicole. >> on heavy volume too. you should note that, conviction. on back of wall street's rally, reports there has been support from the chinese government. we've been hearing a lot about that. shanghai up 4.8%, on top of a 5% gain before. >> shanghai is down 8% this week. also been a roller coaster in europe. they opened to the upside but pulling back. footsie just turned modestly higher. .1 of a percent gain in france and bigger gain in germany. >> bigger gain yesterday in oil. overnight it moved into the green. a short time it was lower. now at $42.69. up 13 cents. >> how high will it go in we'll ask phil flynn. gold prices edging higher. $1125 a troy ounce for the yellow metal. this has been its worst week in a month. >> over last couple days when we gained the dollar had some strength. >> the yield on the 10-year treasury falling back a bit, 2.

nicole petallides is standing by, what a day, nicole. >> what a day, melissa.raders said big, big factor, whether or not we could hold gains. remember yesterday we gained over 400 points. we fav it back at the close to finish down 200. today we go down in history as third biggest point gain

i am sandra smith joined by lauren simonetti and nicole petallides. you have a look at what to expect from tesla and priceline. nicole: they beat every year in the past year. and while they pump out deliveries? sandra: lauren has the latest on the $100 meltdown. lauren: apple shares continue to sow love. some people are saying this is a buying opportunity. sandra: more on that in just a minute. first, welcome to "fbn:am" come here first look at morning market, although breaking news you need to kick off your day and what to expect in the day ahead. donald trump gearing up for the presidential debate. last night though o'reilly asking whether he is ready to provide specifics about major issues. >> bill, it is simple. they take on billions and billions of dollars. they are building the ford motor company. i'm going to say mexico. guess what. this will not continue. i have said they were paid for the wall and they will pay for the wall. sandra: trump is added on twitter and he treated out a rather interesting story. in tennessee and 92-year-old woman regi

i am lauren simonetti joined by nicole petallides. "fbn:am," the latest breaking news and what to expect for your day ahead. nicole: we're watching asian markets so closely they rallied overnight. we get the details from business reporter tracey chang's life in beijing. tracey is a reporter for chinese state television. reporter: thank you, nicole. the composite soared more than 5.3%. after pumping more money into the system that the financial sector was the biggest winner in today's rally. gains were much tamer. the hang seng at 3.6%. insurance companies led gains over there. japanese shares followed wall street higher. the nikkei up 1.8%. sentiment was lifted after the yen weakened pass the greenback and over in south korea the cost pc and turn green again in seven tenths of 1% at the index heavyweight gaining more than 3%. back to you, nicole. nicole: this is the first time in a long time we have asia, europe and u.s. grain. lauren: don't jinx it by nicole is right. a tough couple of weeks the nation is a tough couple of weeks on w

i am joined by six and nicole petallides.bn:am," your first look at the markets and what to expect in your day ahead. days before the crucial first republican debate, more than a dozen of the gop presidential candidates participate in a forum in new hampshire. although three of the 17 hopefuls address several major issues including immigration. >> until they get the border secure a not going to stop it is like a serious movie went to staunch the flow. that is not what is happening. >> they will have to pass a background check and pay taxes. they will have to learn english and then there's an exchange and what they located the word per minute. >> it is a serious problem. everyone else dancing around it. i will stand for the american worker. dagen: absent from the farmers donald trump. the billionaire continues to gain ground in the gop presidential race. 26% of republican primary voters support trump, the highest any gop candidate has received a fox news poll began december 2013. florida governor jeb bush getting 50%, the only

joined by nicole petallides.s is it "fbn:am," first look at breaking markets and news and the day ahead. the gop debate, kentucky senator rand paul going after donald trump refusing to rule out a run as independent. >> we want to win and we will win. but i want to win as the republican. i want to run as the republican nominee. >> so tonight you can't say if another one of these -- >> that is what's wrong. this is what's wrong. he buys and sells politicians of all stripes. he is already -- hey, look, he is already hedging his bet on the clintons, okay? >> donald trump had a good come back by the way. lauren has more highlights. >> he had a good comeback. many good comebacks. >> said i have given you all money. >> this is what else we had to share with you. republican presidential candidates of course facing off in the first debate in cleveland. another hot topic, immigration. take a listen. >> people are frustrated this is the most generous country in the world when it comes to immigration. a million people a year

nicole petallides is here with that story. nicole: this is a story about the lifestyle of the rich and famous. christiano run also bought one of the greek islands as a wedding gift for superstar agency, the island cost from $3 million to $55 million as part of a land sell-off tease the financial situation. not clear which island was purchased. couldn't find which one was. it put up a dozen islands for sale in order to help pay off the debt, the proposal service, highway, stadium, the gift moving, according to reports, made $80 million last year and the superstar agent obviously a rich one as well, portugal, 100 million euros in his fortune. or real story here. sandra: he could buy a few islands, he made $80 million of last year, thank you very much. don't forget to start your day with lauren simonetti, nicole petallides and myself, catch it on fox business network every weekday morning at 5:00 a.m. eastern. we have to talk about this, the greek island, a pricey gift for your agent, got to thank his agent. >> maybe coming up wit

get optimized. >> i'm nicole petallides, fox business brief.stocks gaining momentum, 337 points to the upside. we've been fluctuating throughout the day. up 134 points. dow gaining more than 2%. s&p 500 and nasdaq composite. risk on momentum right now. and that being said, you can take a look at 10-year treasury bonds. 2.2.17%. people are taking more risk. apple, to the upside. it is one of the few, only apple and intel positive on the dow 30 for the week. you can he see that is a winner. lowest point during trading after the last week went down to 92 bucks. hey, look at brown foreman. sales falling. they have been hurt by currency fluctuations. talking about some of the things they have. jack daniels for example, up 3.20. when you're not confident you have complete visibility into your business, it can quickly become the only thing you think about. that's where at&t can help. at&t's innovative solutions connect machines and people... to keep your internet of things in-sync, in real-time. leaving you free to focus on what matters most. connell:

to nicole petallides on the new york stock exchange with the latest. nicole, got to be wild down there. >> reporter: indeed. you're seeing a global sell-off, and it continues in the u.s., when we look at s&p 500, we see 13% of the names of the 500 that are coming under significant pressure. so much so they're hitting 52-week low's, and you can see ebay, cvs, polo, ralph lauren, bed bath & beyond. wynn resorts, gap, mattel, a lot of the retailers. broken down as consumer names and the media names and of course on the energy names as well, as oil has -- it's around $40.15. another key factor on wall street is the $40 mark on foichlt it goes to 39, that would be a new level, a psychological level. but the back to back losses of more than 300 points is monumental as well. not the same in percentage terms as 2008 but for psychology, and watching the volume. over 500 million shares. it is an options expiration friday, that could contribute to the volume. we didn't have an expiration friday when you look for the bottom. investors keeping an eye on china, too.

straight to new york stocks exchange fox correspondent nicole petallides is there. talk about about the reaction on the floor please. >> seeing etf with administrative funds that is up more than 9% this week. flocking to safe haven of gold and treasury that the selloff has been back, wean watching dow get close moments ago. we haven't seen a selloff since the year 2011 to your point we have two days in a row of back to back selling of 300 points haven't seen that since the financial crisis. that being said lauri we're seeing selling across the board consumer stocks. technology stocks, energy, all red across the board. and the trade rs say, you know you start to ask the dibs is this where you pickier favorite companies? answer is you get in to pick your favorite companies, but not this afternoon. they're going to wait an wait a little bit more maybe until next week to let this play out and go into the weekend, in fact, more people are more likely to short than pick anything up at this point. back to you. >> everybody wants to pick up and leaf for vacation today. we'r

nicole petallides with a preview. expect retail sales to show a gain of 0.5% in july after falling unexpectedly in june. gasoline prices are low. parents taking their kids back-to-school shopping and amazon had its prime a sales event selling 398 items per second and that was on july 15th. two major retailers also reporting earnings today so watch for these. calls out with quarterly numbers before the bell and after the bell we will be watching for nordstrom such as we look at retail sales that came in unexpectedly last month. and we will see that comes to fruition. the consumer is very tepid, gasoline prices have been low, spending on write and health care costs. maria: in the studio yesterday the ceo of macy's said two things, tough quarter. tourists are not coming because of the strong dollar and people are coming are not buying apparel. they may be buying things that hold but not anything else and definitely saving, savings rate is up 5%. >> when you have a shock in 2008. same thing after 911. . bush said don't let

maria: diet pepsi at changing its recipe to the new formula hitting store shelves, nicole petallides s details. nicole: they will hope this helps the announced earlier this year will remove the artificial sweetener in response to overwhelming complaints by customers. the ingredient will be replaced by sucrose, different articles wiener known as lender. pepsi hopes the change will lower -- lori: customers which dropped 5% especially health conscious millennials. 5% decline for diet pepsi sales, 6% decline in diet sodas from coca-cola. the revamped soda is hitting store shelves. it will have a new label and will read now ascertain free so supposedly this will try to lure in customers, they have a big marketing campaign underway. the diet coke names they still have ascertain involved in their drinks. we will see if it tastes different. there's always flavored water. maria: start with nicole petallides and sandra smith and lauren simonetti, a katie right here on the fox business network before mornings with mary at at 5:00 a.m.. i think fred lane for joining us, good to see you. mike, won

let's go to nicole petallides on the floor of the new york stock exchange. ing, the traders are coming in, you can't see them all sometimes, but they're coming in and there's a lot of chatter whether or not it's a buying opportunity some weeks, but there is is there's the first thing front and center. the stock index futures pointing to a lower open to the tune of 623 points, in order to halt trading here on the floor of the new york stock exchange, it would be about 1100 points so hopefully we don't get to that point. investors are jittery enough already. but hopes for a bounceback and those are not coming to fruition, we're taking our crew from asia and selling a selloff underway. >> all right, thank you. don't forget to start your day every weekday with sandra smith, lauren simonetti and nicole petallides, they give the first look at global markets every day 5 a.m. eastern. former economic white house advisor larry summers taking out an op-ed, no time for an interest rate hike. the headline is the fed is set to make a dangerous mistake. from his comments,

nicole petallides has been all over the story. she is watching it this morning. le, good morning. >> much anticipated reopening but the greek stock market resumed trading after the five-week shut down. it is getting hit hard. looking here at some greek stocks, looking at some banks in particular. euro bank down 29%. national bank of greece down 30%. as we look at asc composite plunging more than 23%. it was down 23% at the open. biggest one day selloff we've ever seen. now down 17%. the banks are getting hit. largest we see overall. the pmi number, which is the manufacturing number, came in at 30, 30.2. you want to see 50 to see growth. 30, that's horrendous. as we look at that estimates for that were actually 46.9. just shows you how weak the economy is there. of course you had capital controls which actually hampered business activity overall. and, so, not only are we seeing stock market opening and getting hit hard but also bigger picture which is the economy, which is unemployment and imf now saying that they are going to really look at this and basically -- r

we get your day started, me, lauren simonetti, nicole petallides, and dagen mcdowell sometimes as well. stuart varney, "varney & company," take it away. stuart: i shall, thanks, sandra. keep driving, america. it's high summer, vacation time and the price of gas, yes, keeps on coming down. good morning, everyone. this is a story the rest of the media is ignoring. gas is coming down about one penny per gallon, per day. in the south and mid atlantic, some stations are edging close to $2 a gallon. get out there and drive. it's newly affordable. how about buying opportunity in stocks? highfliers like apple and facebook have come down in price. time to jump in, we'll ask the question. voters buying trump, selling hillary. new poll out today shows the donald with more support than ever before, but hillary sinking fast. the new power company rules, popular in the media, that is. the establishment just loves the president's war on coal. how do you feel about it and do you have a voice? . for the next few hours you will have a voice. "varney & company" is about to begin. ♪ all right. we are star

let's go to nicole petallides on the floor of the new york stock exchange. nicole, i always assume you know what's going on in greece, maybe it's just your last name. what do you think? is this roiling the markets? >> we started to hear a little about this as being a possibility for this weekend and coming up. in fact, it's actually true. he's going to be saying he's resigning, listening for a press conference in the next hour or so. this would be tonight. the reason tsipras has to resign is syriza party, left party, he has lost the support there. they basically never wanted to bail out terms that we saw. 49 of the 49 members withheld support. the new vote will be on september 20th. that's basically what we're looking at. how does it roil the markets? brings uncertainty right back. the oil tanking, what will the fed do? greece on the table once again. he secured the money in order to pay back the ecb and says we knew it was coming and it's coming now. >> when you're looking at the big things, the fed, looking at china, looking at iran, doesn't greece shrink t

retired the nicole petallides kernel is with the now. why this reversal of opinion and action? >> probably pressure that 22 million people information was half to including my own as a guy who used to have security clearance. so i think the white house and the congress deciding they have to do something. but china has maintained that they have come out with a statement so what can the obama administration in really do? is there a symbolic response ? or something more aggressive ? >> i think it is symbolic gabfest. they don't want to get into a tit for tat. the especially with the business sector but maybe excuse my term but maybe we can bitch slap them a little bit. but i think they knew from china but the only way we counter those is fast and aggressive with the unquestionable response. deirdre: so in other words, we have to make it uncomfortable for anyone attacking us were to think twice about doing it again. >> exactly. with a chinese or the russians or the iranians labiate kid in the basement but if we're not able to stand up almost immediately to do something to them they

nicole petallides on new york stock exchange floor as we wait for that, close this afternoon. see what it will look like on friday. hey, nicole. >> we'll see. apple at $92. jeff greene, billionaire investor, jumped in on facebook. some people got in there and took a chance. names on the move, smith & wesson. this is the gunmaker. hit a new high. up 90% this year. up 11% right now after the latest quarter. winning profit and sales forecast a winner. stern ruger, the other gunmaker, a also a winner this year. big lots, shining as well, better than expected quarterly profit. you know what big lots did well with? furniture and home goods and the like. aeropostale, down 11th quarter in a role. good ol' gamestop, that is under pressure down 7%. analysts said latest quarter is good one. but concerned about the forecast dow down about 40, hold on to the week. we'll see what we got by the closing bell. connell: i'm concerned, nicole, you essentially said sitting on a couch with a video game and a gun in your hand. >> sometimes that what you have to do, connell. connell: dow down 40 poin

nicole petallides. >> good morning to you, maria. the fed rate hike will be or won't be.g at the center of looking at the center of a looking at december but plenty of guys walking around saying do it already. the dow jones industrial average looking down 85 points. the futures for the week we are to the downside. a keen eye on oil hovering around six and a half year lows. we watched a 10 year bond very closely as well. another will be lumbar liquidators looking to the upside. when you look at the four weeks average smooths out the weekly volatility rose 5500. it basically shows the labor market that continues to strengthen over so slightly. maria: thank you or don't forget to start every day with lauren simonetti, nicole petallides right here on "fbn:am." earlier this hour, donald trump joined us detailing his plan to build a rail while at the mexico border. listen to this. >> i know how to build. i know how to get it done. we will call it the great wall of trump. we'll have a great wall and it can actually be a good-looking wall as walls go. maria: what he's saying? san

i'm nicole petallides.he dow down 180 point, off the lose of the day and the s&p 500 sell-off so much that it put it into negative territory for the year 2015. the 8 of the 10 sectors are under pressure after all the news from china. take a look here, financials, e-trade down over 4%. we're also watching bank of america, schwab, down 4%. telecoms under pressure, level 3 communications and utilities, the safe haven of utilities have up arrows, china devalued currency two case in a row, selling on wall street, selling in any company that has exposure to china and the safe havens flocking to the treasuries as neil told you, the 10 year bond, 2.09%. neil: incredible, nicole petallides at the new york stock exchange. david asman on remarkable developments on all chinacentric and government bailouts, we can't be the ones judging them, what do you think, dave? >> china trying to catch up with what the fed is doing, the european central bank, the japanese, they're printing more money. if you are holding chinese ass

jamie cox, steve moore, heritage foundation and nicole petallides on floor of new york stock exchange. and, nicole, it has been quite a few days for those guys. what do they think? do they think this rally, 332 points, will hold? >> that is the whole thing. to your point, trish, yesterday you did this exactly right, we were up over 400 points and ended down 200. traders say this rally means nothing unless you hold it at the close. you have sold off six straight days. we've been down 1900 dow points, loss of 10%. the question if it holds. you mentioned dudley who says less compelling for rate hike in september but still wants it this year. traders advice to regular folks, basically if you have new money, don't put it to work. don't guess the bottom. forget it. wait it out. if you have money in the market, just leave it there. that is what al was saying. jeffrey frankel says, i'm looking for somebody to step in here to give us leadership from washington, wall street. basically everybody is sitting on pins and needles what we're seeing, trish. seeing all 10 sectors higher, led by financi

nicole petallides is there. so nicole, such a big sentiment change at the close from the past six sessions, right? >> i saw your bulls, right? the running of the bulls. look what happened today. look at this. now the gains, apple, intel, mica, exxon, disney, 3m, positive for the week. who suffered the most? anybody who owned gold stocks. what we saw, it is actually kgc. that would have been kinross gold. fold corp., all those names got hit hard. they're down between 15 and 20% this week alone. look at s&p 500. traders pretty happy we held on to 1926. we closed at 1940. tough side we didn't beat yesterday's high. they would like to see that. didn't have as much volume as yesterday. they would have liked to have seen that. see what happens overnight, deirdre. deirdre: in i can coal, thank you very much. nicole has been working around the clock with the market swings. catch nicole every weekday morning, 5:00 a.m. eastern time. news you need to start the day, "fbn:am." on today's rebound, do you buy or sell? we invit

nicole petallides has more. n ratings might be coming to be a screening services like netflix and hulu, wall street journal reporting nielsen is working on a program that will measure the viewership of your favorite online shows, netflix notoriously secretive about its fuhrer data arguing ratings are irrelevant because it has no advertisers it has to please but new data reveals some shows are not as popular as we were led to believe it could pose a major problem on wall street and potentially your living room. wouldn't you like to know if you are cool watching the show you want to know if your favorite show is that hot, how shows were doing. tina fay is co creator of the unbreakable kinney shoe that, people watching the show, vague response people are watching so they don't really calculate those numbers. sandra: you are a big netflix watcher. dagen: hi lost interest. i love their documentary's. and on and downward spiral. netflix already knows who is watching. that is the most important indicator. i don't know,

nicole petallides has the stocks still weighing down the blue chills the most. nicole. right now dow is down a big comeback from our 1,089 drop and we have names hit it here including chevron caterpillar exxon and intel. these names you look at intel in the green a couple of things to note, three of the four names here were in bare market territory. 20% off of recent highs. ouch. right, and then let's tack a look at the next including wal-mart. apple disney, american express these names as well. 20% off their recent highs, and it is today for example, you see some of these names down 15 to 20% just this morning alone. but apple and disney actually into positive territory. american express still lower at the moment. there's the s&p 500 down 1% at the moment. and we'll take a look at the nasdaq. nasdaq has been hit hard of late over the last week or so. but right now you can see that is for the down sited pside of the tune of 1%. dow is down 6 pnt 5% at the lowest point. right now it is down not even 1% so we're making this comeback right now, and we'll see what happens a

nicole petallides has the latest. nicole?reporter: deirdre, what a busy day on wall street, that's an understatement with the dow dropping 530 points and tacking onto yesterday's 360-point loss. what happened? wow, everything fell out of bed and nobody was biting anything.

nicole petallides, i'm looking at a loss of almost 700 points. nicole: unbelievable.ast week over 6% on the nasdaq. there was a hope that there would be a turn around today. the traders said on friday as they were walking out the door, they were going to look for china. what are we seeing, 8 1/2% selloff the worst we've seen since 2007. so that being said. they're coming in here this morning, preparing for an opening of down 4%. they're watching, by the way, the circuit breakers. if we're down 1100 points basically, then you have a halt of the entire market, let's hope we don't get to that point. but, there are some people who are saying, hey, you liked apple at 130, you must love it at 105. there are people that are going to put money to work this week and there are people, one of the traders said i'm hedged on both sides. there's a waited and see mowed and those looking for where they're doing some tickets. not surprised to see it go down. >> we'll be back to you very, very soon. i'm looking for people who think that apple at $98 a share is a good deal. i'm looking

fox business's adam shapiro and nicole petallides and mash second shun of options pit.com. nicole to you first. look at internals of this market and really what is getting taken to the woodshed. >> tell you what the traders are saying, let's start with that two days in a row where you're seeing extreme selling. this is on the heels of selling across the board globally. down 270 points on the heels of 3960 point yesterday. traders will not what they're seeing. they're watching to see where lows will be. seeing oil below $40 a barrel. you mentioned oil, dagen, a couple things factor in, not only china and growth story but stockpiles. we had a build came in on wednesday. there is a rig count, tally, done by baker hughes, that tally increases again for the fifth straight week. all of that put together shows abundance of oil. coupled with the fact that all the money is flowing out of equities, right into the safe havens. the safe haven of gold, up $10. treasury is as 2.6%, when it was at 2.03%. they're looking for flight to quality and not ready to pick low-hanging fruit just yet

about 31 minutes left before that closing bell rings, let us bring in fox business correspondent nicole petallidescole, quickly talking to a trader right now. can you come in, nicole? that's what we're doing, we're grabbing all of these other traders -- >> actually, i was just, i was just talking with the traders trying to get a glimpse after what the close is going to look like, because what we saw was a drop of 1,089 points, liz. and so at this point now, 661 points to the downside, you've got to wonder what's going to happen. the other thing i was doing was also reviewing the circuit breakers. after 3:25 p.m., which we just passed a moment ago, the first circuit breaker in 15 minutes, we're not going to have that. now it's anything goes for the next, for the next 30 minutes. so unless we drop 20%, this market's not stopping. so it has the right to go crazy -- liz: anywhere. >> -- in the next half hour. it's also worth noting since this morning we saw 1200 circuit breakers actually hit -- liz: individual names. >> we're talking about exchange-traded funds. here at the nyse and over at the nasdaq

nicole petallides is standing by. >> liz and i are still here trying to keep you covered.ng to traders out the door. got a mixed bag, connell. some will look to asia tonight and couldn't, unbelievable moves today. volume, even way it was so heavy, they think it is heavy, don't think it is over. that why we may follow china to sell off tomorrow they might buy them back but one able to execute. >> unless china intervenes. connell. watt out for somewhere between 9:00 p.m. and 10:00 p.m. eastern see if the people's bank of china makes some type of announcement in terms of intervention or propping up, or putting a pillow underneath these markets. >> they could cut rates. hopefully they would do that sunday night into monday. that is one of the reasons we saw all this selling. there are still hopes. "wall street journal" said they would do something like that by end of september. somebody is trying to rush that. names i am coming 10% off the lows. home depot, pepsi, ge, ford, just to maim a few. dow remains in correction territory, 13% off its highs. >> at least 10 dow names, co

nicole petallides has that story. nicole: this is an attack topic.arget is taking the next step to integrate your smart phone into your shopping. the company will test new devices called beacons beginning today, small trends did sit on top of store shelves and transmit information to your smart phone as you pass by, you will learn information, shoppers will get crew bonds, recommendations, deals based on where they are in the store. tied it is trying not to annoy its customers with the new technology and company will leak tested begins in a few select stores. they plan to limit the amount of notification of a customer receives so what do you think? how annoying is annoying? you are standing in the aisle, here is the deal on brushes, is that good or not so good? 50 stores, limited number of stores, two notifications per visit but they will track your throughout the store. maria: i don't like it. fracking a person, now you have got drones the coupons person tracking you. >> this is very broad brother, they have some sense of your history, what you like

maria: we are 45 minutes from "the opening bell," nicole petallides on the floor of the stock exchangee got in the jobs report, u.s. stock-index futures sank to the downside. they have not been of of the unchanged line, now you see the dow jones industrial average futures looking down katie points. we got our jobs numbers 215,000 lots added, 5.3% unemployment rate, prior months of may and june revised to the upside adding 14,000 jobs. this gives fodder to the f o n c about raising rates and that to be pressuring these markets, the dow down to 6 days in a row and looking like seven and the open. a couple of big movers today. maria: start your day with nicole petallides every day and sandra smith and lauren simonetti, catch it right here on the fox business network at 5:00 a.m. eastern before "mornings with maria". the fbi jobs report weaker than expected, business leaders face a challenges when it comes to the talent pool developing a stronger work force. joining me on a fox business exclusive is harmon international's chairman and ceo. thank you so much for joining us particular releas

. ♪ welcome back, we're 40 minutes away from the opening bell and nicole petallides is in the new yorke: traders are coming in here this morning and seeing futures looking to the upside pt we're seeing whether or not we're having a winning day and strong this morning. the dow is off 130 points in the early going and we've been down seven days for the dow. in the seven days we lost 378 points so we'll see. the bulls are trying not to make it. that being said, look at alibaba to the upside. and the giant will report the numbers this week and also a big deal this morning. 4.6 billion invested. and this is an electronics chain. it has 1600 outlets and this is alibaba's bricks and mortar so they can get people in the business world and right on-line and do their ordering and bring in people that want to go right to the store as well. a foray there, and the stock is to the upside this morning. sandra: thank you. don't forget to start your day with lauren, nicole, and myself on fbn, the fox business network, 5 a.m. eastern. dagen was there this morning. happy monday, everyone. well, target be

nicole petallides joins us on sight. >> good morning, everybody. a 15% drop in profit.fell to an 18 month low yesterday following this result. not a luxury retailers are feeling the pinch. posted may 20% jump in the first type of earnings. sales to the brain known for the silk scarf, birkin bag are seen demand in japan come united states and also in europe. we've been seeing hermas shares up 9%. so what do you think about the stronger u.s. dollar? sandra: a lot of this is a currency play when you look at the big international luxury retail names, you're going to tiffany. and you hear a lot of foreign accents. >> went to bigger things if tiffany tiffany has a store in europe when they bring the year is back in the u.s. at the lower price. the result is that as it is going to be lower earnings. i think that is much more to do with why tiffany's may be lacking versus rms, birkin and vice versa. >> they've been working on nat line and a new watch and the like. the dollar has been a very big story. if you have a tourists coming to their flagship store, they see something tha

tesla reporting earnings, nicole petallides with the anticipated numbers.ead >> shares are dropping, mixed earnings for the second, lowering its annual sales forecast acknowledging it might not hit its previous prediction of 55,000 vehicles this year. the automaker prepares to launch its second model and that is the model x crossover suv so original we had a net 60,000 cars to be delivered, lower back to 55,000, now 50,000. the good news is projecting for next year 83 to 93,000 but a couple things on the docket, the suv that everyone has been waiting for. september, burning a lot of cash with the production and battery plants in nevada. maria: it tells you about the traction or lack of the electric vehicles are getting. >> the question of how much lower gas prices and record high suv sales impact the company like to as low and we can talk about stocks, not recommending that stock but you wonder is you the sales are at an all-time high and how much is that. maria: looking into what the analysts have been doing, they downgraded that to a sell. and the trend h

>> i'm nicole petallides with your fox business brief we have a global selloff this week that continuesjones industrial average down about 200 points as we speak. 1.1% dropped, the s&p 500 and nasdaq also under pressure and at this point with the s&p and the dow in negative territory, the dow has left over 1,000 points this year. including boeing, nike and gotd man sax and a a a it will some of your laggers todays new lows for both the gap and alibaba near the ipo price but a new low there, 69.83 and the gap under pressure with profits of strong dollar hurting sales and looking to get that out there. hewlett pack aired came out with their quarterly report with the downside now up about 6% up about 5% right now. we want you to start your day right here on fox business. lauren simonetti and i host 5 a.m. and get you started for your day. >> facebook told catholic priest he can't use the title monsieur on his personal account why not? >> facebook has rules that say we don't want nicknames we don't want titles. we're worried about keeping our community on facebook safe so they do say listen

and before that an a.m., don't forget, nicole petallides and lauren and i at 5 a.m. >> got to go to bed now. sandra: will do. stuart: sometimes you get it right and then you tell everybody. we were right on gas prices you're welcome. and hope you enjoyed your cheap gas in weekend, it's fallen one penny per gallon per day. and this is a shot in the arm for the economy and that's here, but a disaster for russia and venezuela, more on that. trump rules, and a poll puts him right at the top. the debate is thursday. and politics hillary was is trouble. there's speculation about abiden run all over the place this morning. and the president takes the war on coal to a new level. he's going to kill it. coal company bankruptcy beginning. it's supposed to be quiet, it's not. "varney & company" is about to begin. first out of the gate look at the price of oil right now. 46.30. had been down to the 45 range a few moments ago. crude is down $46 now, it was 62 in june. now, look that's good news for drivers the price of goes keeps coming down and every day, down about a penny a gallon. 2.65 is the nat

joining me fox business's nicole petallides, chad morganlander, economist, austan goolsbee from the booth school of business. jon hilsenrath from the "wall street journal." 89:35, it was pretty bad but right now all that good. down 33we're kind of like great. >> we're smiling off the lows of the day. there is a little bit of calm at the moment. we start going back in the negative direction, this intensity is building up once again. trish, key will be the closing bell. next couple of hours will be very, very key. i had a managing director tell me, look, nicole i will have money put to work in the u.s. we may go down a little more. that is the environment we're in. we have comeback kids like apple, netflix, jetblue, jpmorgan. they got pummeled at open and started to do really come back but now the question is the next couple of hours. so there are certainly this jittery feeling. the vix will tell you that as well. trish: we've seen a big spike in the vix today. this is measurement of fear, everyone. it measures how exactly worried people are. we've seen it at a level up in the 30s we just h