It is coming down about an inch every couple of hours. New york city. Good morning, every one. It is 10 00 eastern. The markets coming back a bit. We are up 100. Nasdaq up 170, 1. 3 , solid gain. The yield on the 10 year treasury coming down a little. Down 5 basis points. We are up 452, the price of oil, bitcoin around 26,894. Any minute, the president of the United Auto Workers union, sean fain, will deliver remarks on the ongoing strikes. He will say if the strikes will be extended again or not. We have this on our hands, the latest read on consumer sentiment. Lauren 68. One in the september. One year inflation expectations, that matches in march 2021 and that is remarkable. Inflation coming down. Stuart market, no reaction, up 100 on the dow, no reaction to that. 50,000 migrants crossed the southern border in the last week, a record number, extraordinary pictures. It is obvious theres a new surge. Does not being taken seriously. The president goes to california and arizona, border states but doesnt go near the border. Democrat line is now theres nothing to see here. Everything is under control, watch this exchange between jake tapper and squad member presley. No doubt about it, our border is secure and we are in the midst of a humanitarian crisis and we have to fix a broken system. Is it secure, we are in the midst of a humanitarian crisis. This conversation for another day but do you think the border is secure . Is that what you said . Stuart she did say the border is secure, she did say. We have a border czar or maybe a former order czar. Kamala harris is the Vice President but she is giggling her way through a college tour. Where do we go for dose of reality, elon musk. He went to the border and live streamed the visit. This man understands theres a crisis. What we are seeing here are some extreme individuals coming through who had faced tattoos, and they are so proud, this person claimed asylum. We let them in. Stuart a president who wont go to the border, Democrat Party and border denial, a Vice President who doesnt take the border seriously. Who is in touch with reality . Elon musk. The secure under control border, 10,000 a day still coming through. Second hour of varney still getting started. It is friday, tammy bruce is here, can tammy bruce get the attention . He has gotten their attention it is under federal investigation. They will indict him for something. They will do something. They will take action. What we have to consider, they are not distracted, they understand they want it to continue. For most of us, that is inexplicable. We see that attitude in every sector of what is happening which is chaos, control, things that make our lives less livable, putting people more in fear. It is all of that. It is horrible and they cant hide from it. Stuart next one, republican donors pushing for the governor of virginia to enter the 2024 race. What do you make of the gop lineup . Doesnt need younghidden . Does anyone have a shot of beating trump . We need as much talent as possible, whether for the next Republican Administration and to save this country, virginia needs him, he has a lot of potential and talent, maybe the secretary of education. There is all kinds of talent. What worries me is we talk about people being in denial, donors and everyone else have to admit what the American People are saying, we want to return to success, policies that help our lives, Energy Independence to an economy that can work. It may not be trump. Nikki haley and ron desantis, that is great, but we are coming to the point, our lives matter, we are just regular people listening to us for a minute, it would be okay, things will be fine. America has dealt with all kinds of things. This is a turning point and trump represented that but the American People understand why he is leading to that nomination and deal with it and some of this dynamic. Stuart california senator Dianne Feinstein has passed away at the age of 90. You worked on her First Campaign in 1992. She was, by the way, we disagree on some of the issues, she is really the last vestige of what the Democratic Party used to represent. She was the conservative one for democrats in 92. Barbara boxer who was running at the same time, she wasnt doing well, so my idea to pair them, to pool boxer across the finish line which worked but feinstein was doing well because she was seen as conservative, remarkable background, lovely woman, genuinely cared about the issues. Sometimes right, sometimes wrong, but that is the kind of politicians they need. It is sad, lovely woman, rest in peace, but for me it is another individual, Many Democrats who, like me, i am now become a republican but that was our option, you have the feinsteins of the world when you talk decent politicians who wont lie to you about what is going on, valuebased, pursue those values, that was Dianne Feinstein. We are worse off with her being gone. It will be interesting to see what the Democratic Party thinks they will do about that. It is a shame. Stuart thanks very much. Appreciate it. Donald trump is going after the Republican National committee again. Now what is he saying . Lauren he said the daily caller has to stop debates, no more debates, bad for the republican party. They are not going anywhere meaning there is no breakout candidate. We might have seen that two times the past two debates, nikki haley was the breakout candidate, Vivek Ramaswamy was the breakout candidate in the second debate but everyone is trying to be the alternative. Stop with the debates because hes got the lead. Who else wells is gaining enough momentum . Stuart what is he 60 points out . After the debate, 62 points ahead of desantis. When is the next debate . Lauren november and i am a. Do we know if trump is participating . I dont know. He thinks he needs to. He thinks he will for lack of a better word, coronation. This is for the democrats. We should continue to have debates, this is a chance democrats are looking, who can we choose other than biden, other than someone else. We owe the company and the republicans have to embrace this idea of this is who we are now. Beyond that, trump needs that, whoever becomes the nominee, to bring america forward, it independents, democrats and other republicans as well. The debate should continue. Even more substantive and we can dig into some of these positions but they have to continue on. Donald trump would be better off and everyone would be better off. Stuart i would be honored to do another debate. Back to the markets, still seeing green. I like the look of the nasdaq up 158 points. To analyze this market, weve got a modest rally. Are you predicting a solid rally Going Forward . Yes and no. We are coming to the end of the seasonal volatility. The fed got the personal Consumption Expenditure is less than anticipated. Thats fueling the markets. My call for the rest of the year is to see the fed go dovish before the end of the year. We wont drop rates but they stop organically which fuel a 10 rally from now to the end. Stuart 10 rally between now and the end of the year, thats a solid rally indeed. I will go through them. Meta, google, amazon, start at the top, meta, what is so special and where is it going . Its earnings will expand and outperform. They are an ai play as well as google and amazon but those stocks carry the market this year. In this type of environment where the rest of the market is lagging, just a month ago, everyone saying small caps, that hasnt worked out well so far. Things have dropped since then. Companies are expanding when we have a challenge economic times, they have monopolies in our space. There is no competition. They exceeded earnings projections despite seven quarters of negative earnings growth, those are the companies you want to own at this time. We want meta, alphabet, amazon, best of three. Thank you very much, see you again soon. Lauren is looking at the movers and game stop is a mover today. Lauren this is what happened. One of those volatile meme stocks. Brian cohens executor chairman and ceo and blasted off this email to staff saying extreme frugality is required to right the ship, and the stock was up and that. They are trying to become profitable and cut down on costs. Stuart lululemon up 2 , laying off 120 employees. Pallets on peloton is always higher. They are teaming up, in this team up, it is a way to fix the problems. Stuart walgreens, they are up this morning. Tell me why. Lauren there is a report they are eyeing the former cigna executive for their ceo. Walgreens is trying to become more of a healthcare company. They were looking for chief executive with experience. They found one. Also pharmacist shortage problem, most pharmacies are. They are using robots to place the pills and medication in the bottle to save the pharmacists time. When they went to Pharmacy School they were never treated. Stuart gas prices now over 7 a gallon in some parts of california, that is regular by the way. They are having to choose between gas and groceries. No one is feeling the Economic Relief from bidenomics. That was sarcasm, i withdraw that. The president of the United Auto Workers union as the strike enters its fifteenth day, no deal on the trouble, the union is threatening to expand the strike to more factories, jeff flock has the latest developments after this. E interior. Its a quiet refuge. Theyre not just headlights. They light the way forward. The new fully electric audi q8 etron models. From pep in their step to shine in their coats, when people switch their dogs food to the farmers dog, the effects can seem like magic. But theres no magic involved. dog bark its just smarter, healthier pet food. Its amazing what real food can do. Nice footwork. Man, youre lucky, watching live sports never used to be this easy. Now you can stream all your games like its nothing. Yes [ cheers ] yeah woho running up and down that field looks tough. Its a pitch. Get way more into what youre into when you stream on the xfinity 10g network. The power goes out and we still have wifi to do our homework. And thats a good thing . Great in my book who are you . No power . No problem. Introducing stormready wifi. Now you can stay reliably connected through Power Outages with unlimited cellular data and up to 4 hours of battery backup to keep you online. Only from xfinity. Home of the xfinity 10g network. Stuart i see green, 50 points up, the nasdaq is up 150, that is a rally. Any moment now, sean fain will give an update on the strike. Our are other carmakers feeling the effects of the union strike against the big three. Stuart ashley they are. The Ripple Effect of the strike could hurt car drivers, car dealers, auto parts suppliers. A long, drawnout standoff will reduce the number of cars and make it harder for people to repair their vehicles, reduce demand for parts needed to to make new vehicles. As popular models become scarce, dealers are likely to push up prices. One other factor to point out, servicing and repairing vehicles is the most profitable dealerships, Service Departments bring in so much money they can cover most of the other costs of running a dealership. As you can see the longer the strike goes on the bigger the scope of the economic impact. Stuart thanks. Jeff flock at the picket lines, joins me now. Does it look to you the strike will be extended to more factories . It does look that way and im listening in, folks here at this stellantis facility, they have sean fain on the speaker, listening as best they can. They are expected to do that. We expected it as well. This is what happened on friday. There was not enough progress. Reuters is reporting they targeted two plants. Weve not confirmed this. Workers have said the Gm Lansing Assembly Plant is going to be struck. That is as far as i can ascertain, about 3000 Assembly Line workers make the chevy traverse, the buick encore, the gmc acadia. Those are suvs. The report from reuters, they also going to target the Chicago Assembly plant, uniontown in chicago. The Ford Explorer is a big money maker and seller for forward. This would be the first time they expanded the strike when it comes to forward, that was against only gmc and stellantis plants. If this is what goes down here, the live stream has been delayed by 20 minutes. What is going on here, reuters with those two plants, made an offer to the uaw, and criticized for doing it against the deadline and havent heard of a stellantis plant. This is a parts facility. The assembly plant, that is where they make the dodge ram 1600. At this point, lansing plant, and wait for sean fain to say what is real and what is not . Stuart you do serious damage because they may profitable suvs. Taylor swift in the headlines, making headlines for her rumored romance with Kansas City Chiefs player Travis Kelsey on sunday. I presume, am i reading your script by any chance. She boosted nfl ratings and heres the point lauren at metlife, at the chiefs game, the average ticket price, 436 to 627, because taylor would be there. Stuart the average ticket price, 467. Lauren i was surprised by that too, the quarterback, because of injury. Stuart what does stockholm say . Wide range, 106 8700, ticketmaster, 11,000 but she doesnt sit among the crowd. She gets not sure Travis Kelsey gets that, arrangements being made, we have any fans showing up at a Football Game saying there is taylor . And you get your video and it goes viral. Stuart can i do this . Dallas mavericks, mark cuban told swift a breakup with kelsey, and date one of the single guys instead. Anything to add . Neil just signed me to attend day which i had to look up. And i will help you, i will come in, that you sign it to that 10 day. It goes up because of that. Having fun with it. Stuart next case. To see taylor swift. Okay. Climate protesters shouting at President Biden during his speech in arizona, the New York Post says these activists will never get people to change their mind about climate if they keep acting like this. She will will be on the show later. Democrat senator bob menendez refusing to design despite members of his party calling on him to step down. We hear some democrats are depressed over the menendez scandal. We have that report from capitol hill next. Stuart one hour into the trading session, the dow is up 200 earlier, the nasdaq holding onto a solid gain, 150 points up. I see tesla moving up 2 . Lauren thirdquarter delivery numbers come out monday, 462 is the expectation, slight decline from the Second Quarter but i dont think investors are sweating it. They look whats happening with the union strike santas lap used to be the winner. Stuart what is on one holdings . Lauren roger federer, footlocker, under armour is up 5 . Nikes numbers impressive and you see other competitors rise up. Stuart i am seeing china stocks go up. Lauren beijing regulators such to ease up on their data scrutiny. They see a lot of the chinese. Stuart senator bob menendez refusing to step down despite a large number of democrats calling on him to resign. How are democrats reacting to his defiance . Reporter we have a new wrinkle with the death of senator Dianne Feinstein, how quickly governor gavin newsom can replace that seat, will likely impact what democrats do about senator bob menendez and he knows how important these numbers are to leader chuck schumer. This is what he said to cameras yesterday after telling his caucus the majority of which one him to go that he wasnt going. I will continue to cast, for 18 years, looking forward to pass it. Reporter you heard the last part, schumer may need those votes and will be looking forward for me to cast them. He might be right about that. There is strife in the democratic caucus, Senior Senate democrat tells fox im really depressed about it, dont know what to do about it. Pennsylvania senator John Fetterman does no, he wants to pursue other avenues to remove men and does like expulsion. He has got to go. I cant imagine how he can explain that kind of thing. That something to do in the court, not here among us. Reporter the senate hasnt expelled a member in a century and democratic leadership previously brushed off ideas about censuring or a vote to kick menendez out of the caucus. Leader schumer did release menendez from the Senate Relations county but we havent heard yet if menendez will be allowed to take part in Committee Work or if he will be allowed to sit in those classified briefings. Hes being indicted for selling his influence for things like gold bars but senator feinstein, could be the pressure that helps senator bob menendez. Stuart it changes the equation in the senate. President biden was interrupted by a climate protesters during a speech in arizona yesterday. Tell us what happened. Ashley biden was heckled by a climate activist calling for the president to declaring climate emergency. President biden i say we must and we will, we will but it is not easy. It is not easy. Why dont you wait hang on a second. I would be happy to meet with you after i speak. I tell you what. If you shush up, i will meet with you afterwards, okay . Ashley the president continued his speech, once the heckler was thrown out, and said he has in practice already declared a climate emergency. He also noted that incident, saying democracy is never easy as we just demonstrated. Stuart heres a headline. Climate protesters will never get people to change if they keep acting like this. Are they changing peoples minds at all . We had the iconic soup for lingers when they threw the towel mado super year ago and this weekend in berlin the protests stopped america from going on, covering themselves in orange paint and were dragged off by police. For anyone looking in from the outside even if it is someone whose mind might be changed, these tactics are so petulant and childish and a survey from university of pennsylvania found 13 of the general public say this changes their mind sent makes an increasingly concerned about climate change. Stuart if 13 change their mind lauren made them think less about the issue because people see people acting like toddlers and screaming and yelling at not having proposals, meaningful proposals to make change, and they dont listen to you. Stuart they dont respect anybody. When they stood up, that really made people mad as hell frankly. Sometimes they are stopping and laying across highways and getting into work, punishing Everyday Americans trying to pay bills and thats where you lose people. Stuart students at the university of connecticut demand the School School to vest from fossil fuels and work towards the carbonized in the campus. Does anything come of that . Looking to the yukon foundation, they want to the carbonized by 2020. They have specific proposals rather than screaming and covering themselves in paint because nyu and harvard in more than hundred schools, potentially could work. It means administrations capitulate to student activists pretty easily. Stuart they already divested, there funds cant go into Oil Companies are anything like that or anything at all like that. They are not investing their endowment or planning to pull away from those things. Administrators are scared of their activist students. Stuart if you remove capital from the industry, you need to pump out more oil, the capital has been withdrawn. You know . This is very performative. 45 daily are crippled by ecoanxiety. They are so emotional about these demands. Stuart ecoanxiety. 45 of young people 16 to 24 say it impacts their life every single day. Dont forget to send your friday feedback. Varney viewers, fox. Com. Elon musk went to the border to see the migrant crisis first hand. As a private citizen no matter how much money he has got, we will deal with that next. Sean fain has started speaking about the autoworkers strike. We will tell you the strike is extended. We will update that right after this. Explore endless design possibilities. To find your personal style. Endless hardie® siding colors. Textures and styles. Its possible. With james hardie™. Is it possible to fall in love with your home. Before you even step inside . Discover the Magnolia Home james hardie collection. Available now in siding colors, styles and textures. Curated by joanna gaines. Stuart we have news on the autoworkers strike. s is the strike going to be extended . Reporter it is. I am still with workers on the picket line at the distribution facility. John fain just ended just now. As we initially reported to you, two plants, 7000 total more workers. The strike will be only at the gm plant in lansing, michigan, the Delta Township plant, there are multiple plants are, Delta Township plant, the suv plant and before to explore plant in chicago, those are the ones that will be struck. They will not extend additional striking to any stellantis plants. They made significant progress with stellantis prior to this announcement. They are excited about that progress. To be clear, what is being struck . The lansing double township plant makes the chevy traverse, buick encore and gmc acadia. Thats 3000 workers. The Ford Explorer in chicago and lincoln aviator. As you reported earlier, those plants make a lot of money from these vehicles. Folks here are pretty excited. This is not going to extend to anymore stellantis plants. It is possible that perhaps they would continue a strike against one company with an agreement with another. Thats an interesting development. What is the level they are live. I want to get her reaction if i am made. We are live on fox business. Can i intrude because we are live here . Your first reaction to this news . Im appreciative of the fight. I believe in sean fain and what hes doing with us. Reporter no more strikes in stellantis plant. Is that encouraging . With the progress, im okay with no more strikes. Reporter what about staying out . As long as it stays. Reporter there you go. He said to echo what she said, a union not prepared to strike to the end is like a fighter going into the ring with one hand tied behind his back. Stuart a quick chat, ford down, General Motors down, stellantis up a fraction. Interesting. Put tesla on the screen. Again of nearly 3 . 7, the big three strike. More varney next. Network. ella we get more control of production, efficiencies, and greater agility. jen thats enterprise intelligence. vo its your vision, its your verizon. Ah, these bills are crazy. She has no idea shes sitting on a goldmine. Well she doesnt know that if she owns a Life Insurance policy of 100,000 or more she can sell all or part of it to coventry for cash. Even a term policy. Even a term policy . Even a term policy find out if youre sitting on a goldmine. Call Coventry Direct today at the number on your screen, or visit coventrydirect. Com. Do you shop for vitamins at walmart . Force factor products powerfully improve your health, but theyre also delicious, easy to use and affordable. Thats why force factor is now the number one best selling superfoods brand in america. Unleash your potential with force factor at walmart. I dont want you to move. Im gonna miss you so much. 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Hennion walsh has specialized in fixed income and Growth Solutions for 30 years, and offers highquality Municipal Bonds from across the country. They provide the potential for regular income. Are federally taxfree. And have historically low risk. Call today to request your free bond guide. 18002173217. Thats 18002173217. Stuart the news from the autoworkers union, the strike has been expanded to a General Motors plant in lansing, michigan and the ford plant in the chicago. Both of those plants make profitable suvs, the strike will not be extended to any other stellantis plants, General Motors stock is down, ford stock is down, stellantis is up half of 1 . Does the stock is down. As of noon today, the total number of uaw members on strike, 25,000. 7,000 at the two plants, chicago and lansing, total, 25,000 as of noon. Check those markets please, the dow is up 70, nasdaq up 148 points. A judge on Staten Island has blocked new york from using a former school is an Emergency Shelter for migrants. This is a win for you but it is only temporary. Yes. It was a win for not us, everybody throughout new york state actually. This judge overturned the right to shelter decree in new york state. Its a win for the whole state. Stuart are you going to try to get other migrant sites shut down elsewhere in new york city . We will take that one step at a time. Right now we are focusing on Staten Island. We want to see if the mayor appeals. Its an interesting legal quandary the mayor is an. On the one hand, he was bringing the lawsuit to the degree in manhattan. This judge in the Staten Island dues that for him. We want to see what the next step is. Stuart a separate question, i am sure youve seen elon musk was at the border, Live Streaming what happened, do you think musk is a private citizen, has a lot of money, can he do anything legally to fix the border . I implored him going down there and bring more attention to the border crisis and showing people that the border is secure nonsense lie that is being spewed by the white house is complete and utter live. Mr. Musk credit for that but given his considerable resources, i am sure that the governor and attorney general can use mister musk to bring some type of legal action. Stuart that is very interesting. He has a few resources, 220 billion. Tesla stock is up 7. A few billion chucked into his account. Thanks for joining us, important stuff, appreciate you being here. Back to the market, the dow is up 60 points, the big gain on the nasdaq. 138 points. Next case, antony blinken, the secretary of state, launched a new global music diplomacy initiative. What is this about him singing a song . He has a band of some sort . Ashley his job as we know, the right diplomatic cord but given the guitar, he can crank out impressive tunes. Watch this. Everybody knows ashley pretty impressive. He is a lifelong music fan. He performed a rendition of muddy waterss song, this came, he launched the new Music Initiative for music diplomacy which we will see being sent to countries like china and saudi arabia. I cant help but think of james taylor, with john kerry in paris but thats another story. Stuart i remember that. Thank you. Quick check of the big board. Again of 69 points, 33,705. Show me the dow winners, quite a few today, nike stop a strong 7 . Walgreens, intel bouncing back to 35. S p 500, topping the list, vf corporation, shoe company, isnt it . Lauren the owner of timberland, some other names. Big china presence trying to ease regulations and restrictions on china. Stuart show me the nasdaq winners, microsoft, walgreens on top of it. Micron, data dog and zoom video. Lauren healthcare experience, they are branching out. It was not a good Third Quarter for the nasdaq. 3 in q3. Last quarter of the year begins. Stuart is it . As you head towards christmas. Lauren the consumer is a stretch to. Stuart tell viewers what we have ahead. Kevin oleary on the uaw strike expanding, steve hilton on the crime crisis. The 11 00 hour of varney and company is next. Moving forward with node positive Breast Cancer is overwhelming. But i never just found my way; i made it. And did all i could to prevent recurrence. Verzenio reduces the risk of recurrence of hrpositive, her2negative, nodepositive, early Breast Cancer with a high chance of returning, as determined by your doctor when added to hormone therapy. Hormone Therapy Works outside the cell. While verzenio works inside to help stop the growth of cancer cells. Diarrhea is common, may be severe, or cause dehydration or infection. At the first sign, call your doctor, start an antidiarrheal, and drink fluids. Before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. 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We see that attitude in every sector of whats happening in the country, which is chaos, control, things that make our lives less livable. Putting people more in fear. Still expecting more volatility and some downside pressure, not a crash but i dont think yields are done going up yet. I think they are going to start to go higher