King of debt, but will his policies make paupers out of all of you . Gop president ial candidate Donald Trumps economic plan and whether it really can make America Great again or punish savers. And by the way, where are the better plans from the remaining candidates or their party . [laughter] plus, im heading to vegas with these guys and 8 billion of capital descending on las vegas for the super bowl of the hedge fund world, the salt conference, where ill give you access to the winklevoss brothers and some of the greatest minds of the financial world. Twins will be there including guru of the emerging market, mark mobius. Were less than an hour to the closing bell. Anything can happen in this last hour of trade, so lets start the countdown. Liz and by the way, we should tell you that disney earnings are coming up in about 59 minutes. Its just a huge day for the markets, and were tracking the tape this tuesday. Some of the biggest movers, amazon popping after Investment Research firm bernstein look at it right now, its at 700 . Bernstein put a 1,000 price target on the stock. Also announcing its going to the launch a youtubelike service to help it compete with Google Parent Company alphabet. Shares of amazon jumping about 3 , a long way to go to hit a thousand, but we shall see if that comes true. Mind the gap. Shares of the popular retailer not so popular right now, pulling back by nearly 12 after the Company Reported sales fell for now the fifth straight quarter. Its been a very rough time for the retailer. The gap is saying expect another ore structuring as well. It is the biggest decliner on the s p 500 of the day. But let us get to this, budweiser is getting a summer makeover, and the stock is getting a third of a percent jump too. Through the end of 2016 election, the king of beers is going to swap out the name budweiser for the name america and will use the slogan E Pluribus Unum which means, for those of you who didnt take high school latin, out of many, one. Yeah, see . Austins all, really . [laughter] onethird of all beer sales, by the way, are between memorial day and labor day in the United States. Shares moving slightly higher. Lets get to politics and primary fever still running high as voters flock to the polls in nebraska and West Virginia at this hour. Team fox business has every possible angle covered for you. We have adam shapiro live in charleston, West Virginia, on the big coal conundrum plaguing Hillary Clinton, and peter barnes standing by in d. C. Looking at breaking news rumblings of a third party threat. First, today is the day, folks, the day West Virginia votes and coal takes that center stage. Donald trump likely to clinch the Mountain State for the republicans. The West Virginia Coal Association last week endorsed trump, we told you that. He has pledged that West Virginias coal industry would, quote, thrive under his president city. The coalreliant state has been hit really hard by the obama administrations war on coal affecting coal stocks and adding even more fuel to the fire if you own any of these names. Look at arch coal, down 100 under the president obama regime. Now, democratic frontrunner Hillary Clinton getting the coal shoulder even as she tried to switch her wording. But is it too little too late after she said shed put Coal Companies out of business . At this hour rival Bernie Sanders, by the way, a candidate who has said hes concerned about Climate Change no less, has led the polls here in in West Virginia. Lets get to adam shapiro in charleston, West Virginia. Adam, look, the West Virginia race has become more and more fascinating in that bernie is considered the better choice for democrats there. What about this campaign and how its grabbing votes . Reporter well, you cant ignore the fact that Bernie Sanders, when he was here, has been talking about putting, what is it, 41 billion to work on infrastructure and helping people who work in the coal industry in West Virginia, the second largest coalproducing state in the united united stato other jobs. Hillary clintons talking about the same kind of thing, 30 billion. But both of them, you should know, are part of the movement to end american reliance on fossil fuels whether it be coal, natural gas or oil. Even mr. Sanders just recently said, within the last hour, that he wants to initiate a carbon fox and end fracking. Hows that playing out in West Virginia . Theyre very aware of it. But as you pointed out, some people here seem more receptive to Bernie Sanders line of reasoning because as the people we spoke to, some of them say coal is done. Its time to move on. We spoke to different people, those in favor of moving on and those saying, no, and heres what they told us. The coal industry is losing to the cheap natural gas. Its just economics. The problem is our economies are built around these structures. So down the street you can see restaurants, law firms, everything like that. Those law firms, their clients are Coal Companies. Their clients are natural gas companies. These restaurants, theyre people who are eating here who work in these industries. When you have the majority of an industry using these is services, these services will be affected sooner or later too. So pretty much a modernday detroit. Reporter and when you hear the man we interviewed who was laid off this week from his job talking about being a modernday detroit, hes talking about unemployment here, liz, is at 6. 5 . Thats also motivating the voters. But one of the reasons when you asked that question about why perhaps theres more of a momentum for Bernie Sanders here than Hillary Clinton, it gets into some of the racial aspects of how these two democrats appear to their base. Mrs. Clinton scoring high with people of color, and mr. Sanders scoring high with caucasianamerican men. Back to you. Liz adam, thank you very much. Adam is going to be giving you reports from West Virginia throughout the rest, until that big moment where we see whos won that state. Just days after senator ted cruz suspended his bid for the presidency, there is news at this hour he may be considering jumping back into the ring. Really . And breaking news in just the last half hour, were getting this. Speaker of the house paul ryan refusing in this hallway to even discuss whether hell, a, step down as Republican Convention chair or, b, launch a chance of a third party run. Listen. You know me all too well. You know im not a walk and talk why would you not be the chair . Why would you even put out that scenario . Excuse me. Some people are very critical of that. Some people think it was a political mistake, mr. Speaker. Liz now, you do have some disgruntled republicans still out there, thats not a news flash, and they are unhappy with the donald trump candidacy, so they are keeping the idea alive of perhaps a third party run. Lets get to senior washington correspondent peter barnes in d. C. Peter, look, the clock is ticking. Whether people want it or not, its ticking on a third candidate, whoever wants to throw in his or her hat in the ring, but here today suddenly theres all this cruz and ryan chatter again. Reporter yeah, thats right. Ted cruz just said he would not be a Third Party Candidate himself, but he added a little twist in a radio interview today. He declined to throw his support behind donald trump just yet and hinted he might get back into the race himself. He said, quote if there is a path to victory, we might take it. He said we launched this campaign intending to win. With trump anger oring and worrying some conservatives more and more, there is more and more buzz about them launching a Third Party Campaign for the white house. The buzz on possible candidates include senator ben sass of nebraska, retired senator tom coburn of oklahoma and the party eat 2012 nominee, mitt romney. They have also all said no like ted cruz. And a lot of folks say high hurdles to a Third Party Candidacy with missing deadlines for getting on ballots and having to raise, what, a billion dollars perhaps to try and run . A very high bar. Liz . Liz yeah, what about that . Thats interesting. Guess what, peter . Stay tuned for this next segment, because weve to got the former nebraska governor on whether we would see another candidate throwing his or her hat into the ring. As we look at all of this and focus on tonights primaries among them nebraskas welcome to former nebraska governor dave heineman. Great to see you, sir, thank you so much for joining us. Liz, its great to be with you. Let me just start by saying thank you for coming to nebraska liz anytime. For Warren Buffetts annual meeting. I saw you out there, but you were too busy. Liz you could have thrown some chocolate at my head, i would have stopped, governor. [laughter] well with, it was great to see you. Liz im sorry i didnt see you but, look, when i was in nebraska, one thing i learned was you guys have a 3 Unemployment Rate compared to the rest of the nation which is 5 . What are you doing right in the cornhusker state . Well, i can tell you what i did for ten years as governor, and that was you lower taxes on businesses and individuals, you invest your resources in education and job training. We balanced the budget ten years in a row, and and weve got some great businesses out here. Thats one of the reasons that we fared so well. Liz why arent you running for president . By the way, i have to ask you about this third party run that peter barnes just discussed. Ben sass name was in there. Are you behind donald trump right now as the presumptive nominee, or would you go for a Third Party Candidate . Are you crossing your fingers here on any of these names . No, im not crossing my fingers. Im supporting donald trump. Last week they named me the honorary state chair for nebraska. Senate ben sass is a good friend of mine, but its a fantasy world to think theres going to be a Third Party Candidate. First of all, its difficult to get on the ballot. Secondly, where are you going to get the money . And third, whos going to do it . Theyre live anything a dream world, its not going to happen. Liz all right. So you are an avowed donald trump supporter, youre going to be helping the campaign. Good for you. Lets talk a little bit about taxes because governor rickets, the Current Governor of nebraska, just recently put in a tax relief bill for land owners, specifically agricultural landowners. And again, it seems to be helping the state of nebraska. Yesterday, governor i dont know if you saw on fox business, but the state of illinois is in severe disrepair. We had protests in chicago where, listen, those people and their property taxes continue to go higher and higher. So illinois has no budget. Theyre in a total mess situation. Why can they not learn from whats happening in nebraska . Am i missing something . Well, they should learn from nebraska. The key for any state is, first of all, youve got to balance your budget. Put a focus on lowering taxes. Its got to be comprehensive, both income tax relief, property tax relief. That helps farmers and ranchers, it helps small and mediumsized businesses, and it helps the middle class. And i know illinois has had a lot of problems other the years over the years, pension problems, but they havent been able to balance their budget. When you dont balance your budget, it results in higher taxes and fewer jobs and more regulation. Liz well, look, from taxes to trade im a little surprised that youre as supportive of donald trump only because he seems to have trade wrong in nebraska. He had come out and given a rally in omaha, and we can show you what he said about it and then ill have you comment. As the factcheckers found, he was pretty correct me if i am w. Lets listen to what he said. When you want to send your product to china, they dont take it. No, we dont want with it, right . Now, when you send it to japan where they send the cars in, no tax, very little tax, practically nothing. They send the cars in. When you send your beautiful agriculture, the best in the world, you send your agricultural product in, what happens . 38 tax, right . Were not going to do this stuff anymore, folks. Were not going to play the games anymore. Liz governor, china and canada and mexico are the top three out of five, the top four out of five trade partners to nebraska. They take so much of your agricultural business. What would happen if he puts tariffs on any one of those nations . Well, let me just say ive been to china several times, japan and other countries, and generally trade deals have been good for agricultural states because we ship more food all over the world. Its been not so good for manufacturing states and manufacturing industries. So i understand that. And im not quite sure where donald got all his facts, because we continue to export a lot of nebraska beef over to japan liz well, but thats may i jump in . Does that not disconcert you when youre saying i dont know where he got his facts . We found it in two seconds. Well, yeah, it is a concerning factor, and its one of those things that, you know, the trump campaigns probably got to do a better job of, theres no question about that. But, liz, let me say hes touching a nerve with the American People liz true. When he talks about trade. Republicans have always opinion for free and fair trade with a greater emphasis on free trade. Donald and the American Public want a greater emphasis on fair trade. I understand that. Weve lost jobs to china, japan and mexico. That needs to be reversed, and thats one of the reasons he was so successful in the primary, in my opinion. Liz governor heineman, it would be great if you went to d. C. And, i think, gave some of your common sense from nebraska. We appreciate you coming on fox business. Good to see you now. [laughter] good to see you, liz. Thank you. Liz thanks so much. And by the way, dont forget to watch all of our coverage on the West Virginia and nebraska primary results tonight, 7 p. M. Eastern. Folks, this is a pocketbook election. It matters to your money from day one. Fox business has been the Business Network that has gone live on every primary night. The others completely ignored it. It matters to you and your money, so youre in the right place. Closing bell, 45 minutes away. Lot of green on the screen. We are in rally mode. Caterpillar is the lead at the top there just pfizer and walmart trending downward. And trading in lock step with stocks once again, crude oil. Crude moving higher on transport concerns due to those wildfires ravaging alberta, canada. But could the saudis planned ipo of its multitrillion dollar stateowned oil giant send stocks sliding again . Fire and ice. Were live at the nyse, cme, the famed floor show next on countdown. You wouldnt take medicine without checking the side effects. Hey honey. Huh. The good news is my hypertension is gone. So why would you invest without checking brokercheck . Check your broker with brokercheck. Not too bad. But bad enough to need an appraisal. How hard could it be for one little accident . Except one little accident is now one massive headache. Finding time for an appraisal . You usually cant find time for lunch. Your husband asks if you can take care of it. You say, not a chance. Can you . Crickets. With the Liberty Mutual express estimate™ app, youll get a repair estimate in one business day or sooner, without leaving home or work. Call Liberty Mutual is available 24 7 so you never have to wait to file an accident claim. Switch to Liberty Mutual and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Liz check it out, Dow Jones Industrials now up 200 points. It is a big rally day with not a huge amount of news here. We did get the jolts number, that gives you a sense of how jobs and openings of jobs are rising, and they did rise, certainly, but employers are are apparently having trouble filling some of those jobs. The market like that news. The dow is up 198 points, the nasdaq is up 50. A nice move there, more than a percent. All of them up more than a percent. We do have the dow transports better than more than a percent as well. With the closing bell ringing in 40 minutes, is it desperation or simply common sense . Saudi arabia trying to fight its economic addiction to oil, and theyre doing it because theres this statistic. Right now oil accounts for 77 of the middle east kingdoms economy. I mean, theyre not doing much else there. The country owns the Worlds Largest oil company. Youre looking at it, aramco, and it is planning a 2 trillion ipo for just a tiny percentage of the company, 2 trillion. To give you size and scope, thats more than five times the size of exxonmobil. The company right now pumps out one of every eight barrels of global oil and plans to ramp up production ahead of the ipo. So what do you expect oil would do, move lower . No. Oil settled higher, and it is continuing to move higher in the aftermarket session and in trading as far as electronics are concerns. We do have it higher by about nearly 33 at 44. 74. So as saudi arabia plans to be oilindependent in the next 15 years good luck with that that would drastically change the market landscape. What is the play now . Lets get to traders at the new york stock exchange, cme group and the nymex. Elliott warren, right off the bat, Oil Moving Higher elliotts not there. Okay, teddy [laughter] you get this one. We have oil higher today. Is this all the canadian wildfires . This is a very nearterm issue that will eventually, we expect and hope, be fixed, right . Well, i think that gets fixed. But, you know, liz, theres nothing more bearish than a soldout bull, and weve got a lot of bearish people. A lot of people dont like the stock market, they dont like the oil market. They think everything has had a big move, and yet oil acts great today. Weve had a complete reversal in the commodities and the stock market today liz yeah, whats up with the stock market, teddy . Were up 201 right now. Theres a slight paucity of news here, which is fine, but the bulls love it. Well, you know, never sell automatically shays. Never sell a dull market, markets like to climb walls of worry. As we get up to this dow 18,000 level, the market just seems to run out of steam, and everybodys looking for that catalyst. Whatever it is, i sure dont know what it is liz well, how about this . Ira, how about the japanese finance minister not mincing any words saying if the yen gets too strong, we will intervene, we will figure out a way to add stimulus. I mean, theyre at negative rates right now, but maybe thats whats doing so well for the markets. Well, you know, i dont want you to forget the sell may go away. And this is a bounce back up today. Liz okay. This isnt the new leg that has begun. As for the japanese minister, come on. The best thing you can do is jawbone down the currency. You havent spent anything in doing it. The Central Banks know how to do this. And, yes, that helps the markets, stability in oil liz thank you. Thats what the markets are rallying on, a stable process temporarily. Liz well, look, the china slowdown is still a worry. I know im going to be anybody whos driving and listening on xm 13 is about to drive off the wheel. Chinese rebar hit a sevenyear low. Okay, now, dont let your eyes glaze over, but rebar is a Big Industrial material, teddy. Help me here. [laughter] its a Big Industrial material, and it looks like not a lot of demand right now for that. Theyre not building buildings . Whats going on there . Liz, i mean, i dont know whats going on in china, only what i read in the paper. But i think what really is helping the market here is that the fed clearly is on hold liz yes. Interest rates are going nowhere. I mean, what we really need to try to figure out and maybe were not going to find out about it til its after the fact is whats going to move the market to new high ground. We are clearly right on the doorstep, and the markets just continue to act better. The lines of least resistance continue to be up, not down. Liz this is the biggest singlesession advance in two months for the dow. Teddy, ira, thank you so much for joining us. And teddy [laughter] all i know is what i read in the papers. [laughter] yeah, right. Liz a reminder, i am kicking off fbns coverage of the salt conference. These guys are who are in the papers, okay . The markets biggest and brightest minds will be among them. Emerging market investing legend mark mobius of templeton. Where is he unafraid to put his money now because he looks down the road and says i will make money there . Ill be going oneonone with mr. Mobius and more from the salt conference in las vegas with cgasparino, mariabart row row bart row bartiromo. I want a tshirt made. Closing bell 35 minutes away. The dow is up 207 point9. Solar flare, storm clouds building over the Solar Industry after a pretty significant but interesting disappointment from one of the sectors hottest names. Up next, fox business jeff flock shines a light on just how deserving solar energy really is of the Financial Support its gotten from the government as the government turns away from coal. Look, some believe its time to turn toward things like solar is and wind and away from fossil fuels. Remember, it was president g. W. Bush who granted incentives, so tweet me lizclaman. Let me know what you think about this. Have you had Solar Installed . What do you think about down the road where this countrys going . Facebook. Com lizclaman. We want to hear from you. Were coming right back, the dows still up 207 points. This might look like a zerogravity drop. But its actually a triumph of predictive analytics. Because of optum. Through Population Health data, they provide insights so doctors and hospitals can identify highrisk patients. Like me. Asthma. Potential hospital visit. So now thanks to optum, this asthma things under control. Gravity not so much. This is healthier, powered by optum. From health plans to providers to employers. We connect all parts of health care. Healthier is here. Liz folks, weve got a market alert here. Its not just crude oil thats up nearly 3 , look at heating oil. And whats interesting here is were heading into late spring at this point. Heating oil is up 4. 5 , that the gas up 3 , so lets head back weve got elliott warner, whats going on here . Well, weve got a few things going on here. The Energy Markets are being held up here. I look at natural gas, and ive been very bearish on that one and now there are excuses to buy it. Crude is still a sell. Its moving counter intuitively. But i also want to address something you said about ra ramco. If you have 70 of your money in one thing, youre going to put it in something else. Of course. So i would say its not a desperation ploy, its being smart. Liz took them long enough. For 70 years, saudi arabia has been pumping and pumping, they had an opportunity to diversify their economy, and they did not. Look, some are making the comparison on this day of the West Virginia primary that West Virginia has been slow to diversify its economy, but right now they look smart at least at the moment. But we have analogous at 14 per million british thermal units. Several years ago, its now 2. 17. So weve got to take this a grain of salt; right . It was a dollar 60 a few months ago. So, yeah, a grain of salt. Personally im a seller of both gas and oil. Its a head fake today. Counterintuitive. Sold. Well see. Liz still too high. So says elliott. Thank you, liz. Liz and any time, from oil and gas, to solar, this might be a case of what have you done for me lately . Solar city stock getting slashed even though the residential solar installment companies saw revenue surge 82 but lowered its predictions for installations because of an increasing of pricing for its commercial business. So you add to that the soon to expire government incentives that have propped up many Solar Companies and the pressure is tapping down the stock. Last summer ceo linden about the subsidies, he said were ready for it. In 2017 the tax credit has a massive reduction. Goes down from 30 down to 10 . And based on our cost reduction, we have to achieve 2. 50 a watt, which may be too much detail for your audience, but we have to get our cost down, we have a clear roadmap to get to that point so come 2017 well punch right through it. Liz that was a year ago and look at solar city shares, they are tanking about 23 at the moment. The stock is down more than 60 year over year. But, look, solar city is not the only Renewable Energy company in early stages struggling with debt. Take a look at some of the other names in the industry. Jeff flock is at city solar in chicago as we look at these numbers and these are the stocks. But, look, in chicago, you look at how the Company Plans to power through, jeff, im very interested to know what their plan is. Well, this is the largest urban solar installation in the company. Youre looking at 32,000 solar panels here. But i tell you the problem is nobody can make any money on this. We just flew a drone over this, by the way. A lot of people say solar doesnt work because you cant put it in a city. Well, this is in chicago. And if you look at the normality in it, you dont have to frack, you dont have to blow up the world with nuclear power. But even with subsidies, take a look at the numbers. It just costs so much more to produce solar. About 125, it comes down very little even with a subsidy, compare that to natural gas, it just doesnt happen. As you point out, the stocks are just getting hammered now with the expiration of some of these incentives. Estates are pulling back on their requirements that you can sell. You know, the company has to buy back your excess power. So thats killing them. I leave you with the positive. And that is that solar continues to grow up 27 in the last year while coal is down. But its starting from such a small part of the market, that doesnt mean a whole lot. I dont know. Liz i will say, jeff, solar city had sales up 82 year over year. Somebodys using their services. Its growing. Its growing. Theyre just not making any money. Thats the problem. They just cant make it work. Liz sounds like twitter. Listen, we wish them the best. I do too. Its a great thing. Liz why not . Put the you know, were not digging in the ground, guys arent getting black lung, its great, you know . Only if it worked, it would be great. Liz exactly. I want to put some of those things in my lawn and then theyre not quite you can go out and sunbathe out there. Liz not yet. Yeah, exactly. Liz jeff, thank you very much. Weve got the closing bell ringing in 25 minutes with the Dow Jones Industrials and s p powering ahead. A big day on wall street. Up 202 points for the dow. So from making money to debt, the self proclaimed king of debt donald trump setting off the economic earthquake saying he might allow the u. S. To default on its debt obligations if he were to become president. And then as he walks that back, the shock waves were already rippling. Stay with countdown. Well talk about this coming up. Nobody knows more about debt. I love debt. You call yourself the king of debt and people are, like, thats not a good debt. No. I know how to handle debt. Ive made a lot of money with debt. You can fly across welcome town in minutes16, or across the globe in under an hour. Whole communities are living on mars and solar satellites provide earth with unlimited clean power. In less than a century, boeing took the world from seaplanes to space planes, across the universe and beyond. And if you thought that was amazing, you just wait. Liz weve got breaking news here. We are charging ahead trying to make the highs of the session with the dow up about 204 points, now just three points away from that. We had been up 207, the s p is jumping right now up 23, the nasdaq better by 2, reducing to raise rates, maybe even cutting, already at negative but perhaps finding some other way to add stimulus to weaken the yen. So right now we have the best session in two months. One of the s ps biggest winners is trip advisor. Im laughing as it takes flight only because multiple price target cuts, multiple, and a disappointing Earnings Report last week. But the travel stock is on the rebound road at this hour, nabbing the top spot on the nasdaq winners today as you see shares jumping currently 5 at 6. 11 for trip advisor. Go for it. Presumptive gop donald trump coming under fire from critics who pointed to recent comments on u. S. Debt and how he would fix it. But donald trump attempted to clarify those comments yesterday when he spoke with Maria Bartiromo and heres what he had to say. So now they have it that donald trump wants to go out, and he wants to renegotiate bonds, and he wants to default on bonds, and he wants to buy them back at a discount. Well, thats great for private business, but not great for the United States government. All i said is if Interest Rates go up, well have a chance to buy back bonds at a discount. Liz its a little bit confusing for people who only hear the first part now you hear the second part. What is he talking about . Lets bring in gop strategist and democratic strategist joining us now on whether this is even a possibility when he talks about if rates go higher, we already saw, evan, what happened when rates went up a quarter of a measly percent back in december. Is trump on something or going to hurt saviors big time . Well, yoga berra, the great baseball player said i dont know what he said. Thats becoming the theme of the trump campaign. He says something and then walks it back. He said it on abortion liz let me just clarify. Youre on the republican side here. I am on the republican side, but im one of the people who are looking for a viable Third Party Candidate that would bring out the conservative base. Because donald trump does not represent me, and i cannot vote liz well, cristy, do you want to take the donald trump side on this debt discussion . The fact is a lot of people raise their eyebrows and said that would kill saviors either way. If rates go higher, that certainly would be nice, but it might hurt the stock market and then the Stock Holdings arent good. There has to be some solution. We dont see it coming from the democratic side either. Well, i think its impossible to know what donald trump meant, though. So i dont think you can look to that as a true solution regardless of what he was trying to talk about. I think evan is exactly right. If you look at abortion as sort of the model here when he said i think there should be some form of punishment for women who have them, it seems like on most things where he hasnt been pinned down in policy specifics. When he finally is, it comes out of this weird mishmash of half remembered things and not quite sure what he thinks. And then he has to walk it back. Thats what were seeing here. Its hard to know what he actually believes. Liz and yet it doesnt hurt him, evan . No. It doesnt. I think his supporters really like that hes projecting this confidence. Liz confidence that might hurt the economy . Hes showing a confidence were going to win. Were going to do great. Hes offering up platitudes without solutions. And the average voter cares whether or not they can get their bills paid and theyre not caring about the political policies and the exact minutia of it. They see a man whos confident whereas Hillary Clinton isnt confident and says were going to put coal miners out of wor w. Liz and Hillary Clinton puts out solutions that pretty much are starting to look more and more like Bernie Sanders because hes going to beat her in West Virginia tonight. That is the expectation when you look at the polls. And hes the one who gives big giveaways and taxes the rich. Where are the appropriate solutions . Well, she has not i dont think shifted her rhetoric that much. I think theres no question that Bernie Sanders influenced the debate when talking about economic inequality. I dont think it has necessarily changed how shes been talking in the last week. I dont think its a surprise shell lose in West Virginia. To think about at the end of 2008, that was one of the few places that she ended up winning because if you look at Bernie Sanders sort of almost barack obama in this race, and some of the things that he said then, you know, he also didnt do other. Yeah. Liz well, i can tell you this. You guys should keep talking because the dow has only climbed higher while you were discussing this. Up 216 points. Just a second ago the dow jumping to 218. Now within spitting distance of dow 18,000. Dow is up three out of four days. Evan christie, great to see you. Closing bell 15 minutes away. Up next, mother natures furry being sold across the u. S. And canada. Were going to give you an update as storms counter but in the wrong locations. The huge, huge fires. Weve got the midwest versus canada as well as the latest on canadian authoritys attempt to contain the blazes in albert a. Costs already estimated to be in the billions. More countdown on the way. Dow jumping 215 points. The nasdaq up 56 you wouldnt take medicine without checking the side effects. Hey honey. Huh. The good news is my hypertension is gone. So why would you invest without checking brokercheck . Check your broker with brokercheck. If you have afib not caused by a heart valve problem, pradaxa helps stop blood cells from pooling in the heart. Forming a clot. Which can travel to the brain and cause a stroke. Pradaxa was better than warfarin at reducing stroke risk in a study. In the rare event of an emergency, pradaxa has a specific reversal treatment to help you clot normally again. Pradaxa is not for people who have had a heart valve replacement. Dont stop taking pradaxa without talking to your doctor. Stopping increases your risk of stroke or blood clots. 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Take control of your retirement today . Liz folks, theres a new high for the Dow Jones Industrial up 223 points. Now were up 216. But just a moment ago, we shot up even higher. Watching stocks right now, and were also watching this story. Deadly tornadoes spawn by strong storms tearing through the midwest, killing at least two people in okay. The twisters over look at that sky. It almost looks fake. Overturned vehicles, destroyed homes. Even ripped the bark from trees. 23 tornadoes reported in all across five states. No damage estimates have been issued yet. But the numbers definitely will be climbing. Severe weather expected to move into ohio and severe valleys today posing a new threat to some 44 million americans. And let us look to our neighbors to the north, canadian officials hopeful the wildfire fight has now reached a turning point and miraculously they are ready to perhaps declare the city of Fort Mcmurray saved. Liz macdonald, that sounds like good nuse to us. What else are do the canadians think . Yeah. Thats right. We just got off the phone and while Fort Mcmurray, 85 of it is intact, the news is not good. They say theyre still dealing with an ocean of fire, the conditions are extreme, there are now 25 wildfires, liz. One is out of control, two have merged, and two new ones have started. So what does the albert arachel doing . Having a meeting this afternoon in the oil industry. And the meeting will be how can we help you meeting . An meeting with the ceo of the Canadian Association producers. The situation is so bad, liz, that, you know, burning through half the size an area half the side of rhode island. Now saying the wildfires there could flat line the gdp growth to the entire country of canada. So this could take weeks to put out. 40 of the industry up there in the oil are offline. Theyre all trying to struggle to bring it back online. So, again, the situation is not under control for the wildfires. While Fort Mcmurray is intact, the situation still pretty bad up there. Back to you, liz. Liz thats incredible. The correct word, miraculous. And you saw some of those words driving past that fire. So lucky to be alive. We need to tell everybody that disney results are coming in just a few minutes. Dis is moving slightly higher. Countdown to the closing bell is going to be right back. Stay with us. The dow up 221 points. Big rally day for the bulls. I am benedict arnold, the infamous traitor. And i know a thing or two about trading. So i trade with e trade, where true traders trade on a trademarked trade platform that has all the. Get off the computer traitor i wont. cannon sound mobility is very important to me. Thats why i use e trade mobile. Its on all my mobile devices, so it suits my mobile lifestyle. And it keeps my investments fully mobile. Even when im on the move. Ahhh. Liz we have disneys secondquarter earnings imminent. Lets go to at the no. As soon as bell rings we want to see studio and espn numbers. Liz, disney shares up 1 ahead of trading. Options trade. The move either up or down well see in reaction to the report. 1. 40 earnings per share. 14 increase from same quarter. Now, disney, three months ago, very disappointing, a lot of concern about the subscriber growth, specifically espn. Disney came out with a nice surprise, subscriber growth is growing, just a notch but moving in the right direction. Shares had a nice bounce since that report. Even though theyre expecting some trouble continuing at espn, specifically with the ad revenue and the subscriber growth, youre looking at big movies which will have offset that disappointing side from espn of the back to you. Liz lori, thank you very much. Lori rothman. Stay tuned after the bell well bring you Quarterly Results for disney. Also results for electronic arts. Do. First quarter growth up half a percent. Corporate profits fallen for four straight quarters. Mike sorrentino says his client are worried recession is imminent. Theyre calling you saying is recession coming, what do you say . Absolutely not. Theyre worried about it. We havent seen one in a while. Seven or eight years for recession. Liz cycle usually goes that way. The problem is, that was not average recession, we can all agree, right . You have expectation it will take a lot longer for the country and economy to get back where it was. Not the fact that fed doesnt want us to go into recession. Is the main driver of economic downturn, that the fed puts brakes on the economy. That is last thing they want. I dont see how we go into recession anytime soon. Liz you have 5. 8 billion in assets under management. I would love to know what criteria youre using now with slow growth to pick stocks. What are you do, what do you pick for . Not a lot out of it. Sales growth as well as attractive valuations. That is tricky to find this market. Liz you dont want to pay too much for a company . Exactly. Liz what about apple . That has low pricetoearnings ratio. Apple is a great story if you wait two or three years out. People look where it is now relative to where it could be two or three years. Liz you say facebook an alibaba you say a payoff sooner better than later . Phenomenal topline growth, especially how big the companies are. Valuations, i think facebook is expensive. But it can grow into the valuation over time. You will get rewarded. Alibaba is nobrainer. Liz facebook is 30 cents below alltime high at the moment. Wouldnt you buy a little too high. I dont think so. 60, 80, 90, 100, all the way up. Facebook is hold more years to come. Liz mike says no recession. Dont worry about that but be careful when you pick these stocks. By the way im going to vegas. Viva liz. The Hedge Fund Conference called salt. My interviews include the winkelvoss brothers. Former president of mexico. Hole la. I will see you there. So glad Anthony Scaramucci will hold the conference. Smart money folks. 3 00 p. M. Eastern. Well have smart, fastest money what theyre doing. Dow and subpoena having the biggest gains in two months. Nasdaq is skyrocketing. Biggest gain in two months. Major rally up 220 points for the Dow Jones Industrials. We pass it over to david asman and melissa francis. [closing bell rings] were waiting disney numbers. Take it away, guys. Melissa stocks soaring into the close. The dow ending the day session highs up more than 220 points. Im melissa francis. Im david asman and this is after the bell. Well take you back to the market rally. First here is what else is happening at this hour. The fight for coal country is heating up. Voting is now underway in West Virginia. Nebraska is also voting right now. Were just a few short hours from the first results. Bo copley the laid off coal worker who confronted Hillary Clinton on her comments to put