Worker. Seven republicans were set to withhold their vote in just a few seconds. He is just left the white house after meeting with President Trump. It comes as word also surfaces that cia chip she held a secret meeting with the palestinians ahead of the israeli leaders visit. Will get more on that as well. General Michael Flynn and goes after the intelligence leakers. Blake is on that story also. And we also had former israeli ambassador on the one moment we will have in part during the News Conference that has some of them questioning resident trumps peace plan. They were at the white house to tell President Trump one think they could wipe out the profit. A man who made that thing happen. Did they manage to convince the president. Is it too early. To say the Dow Jones Industrial is at 21,000. S p russell, all of them. Could we see never before seen levels at the close. Anything can happen with less than an hour until the closing bell. Lets start the countdown. We need to get to the breaking news and put aside Michael Flynn in that drama for a moment. There is a new controversy that is bubbling up. Labor secretary nominee puzder is expected to withdraw from the candidacy. It still on the docket for tomorrow. Lets get to blake burman standing by life at the white house. Blake, the president s choice was controversial from the start. Is he backing out. As we know at this hour they are telling fox that the ceo expected to withdraw his nomination as a labor secretary. The hearing was scheduled for tomorrow technically it is still on the books for tomorrow but what sources are telling fox is that he is expected at some point here very soon to officially withdraw his nomination. This was very controversial from the beginning. There were questions about his past personal life with his wife. That she has since retracted. There were comments that he made about his business in employees one of them has said we hire the best of the worst during this whole process of trying to become the labor secretary it turns out that he has revealed at one point he had hired an illegal immigrant. You have all of that up. And republicans it appeared did not have the numbers were willing to give him the numbers to get over that hurdle. We do expect him to withdraw his name at any moment. At any moment or get a break in at that happens. Putting aside the republicans who were not loving him from the start here. The base that got him into the white house a lot of bluecollar workers. People felt that donald trump really stuck up for the working man they probably didnt like what they heard maybe that was and maybe that was part of the issue. And part of that criticism that was a geared towards the president and during the transition was this happening too fast. The research that was needed not done. As we know it was touting just how fast they were able to roll out. Some of those comments which you talk about hit up the worker. Appear to have done him in. As soon as we hear anything further we will just hold off and say that we are hearing that that is in jeopardy for andy puzder. In one fell swoop we sought the relationship between israel and even states which have been very chilly for about eight years. What appeared to be a very solid meeting with a sidebar to it. At the present complements which is a whole other story of its own. The president was asked about general flynn as you know he stepped on earlier this week in the president by and large stood right here by the side. General flynn is a wonderful man. Hes been treated very unfairly by the media. As i call it the fake media and in many cases. I think its really a sad thing that he was treated so badly. The president thinks he was not treated fairly and he also pointed to some of his anger towards the leaks which eventually did him in. We do have a growing number of republicans who are asking for an investigation. It is growing. Marco rubio who will be dining here at the white house later tonight is calling for something along the lines of that. Weve a quick correction to a story we did yesterday. We cited a tweet that turned out to be from an un verified account and we apologize for that error. Were going to talk more about the first meeting between President Donald Trump and israeli Prime Minister Benjamin Netanyahu. There was a point during a news the News Conference they gave a positive some israelis we will talk about the art of a middle east peace deal. We 53 minutes before the closing bell rings. Look at this rally that we see right here. With all of this news and some of it a bit destabilizing especially considering we may hear that one of Donald Trumps picks for his cabinet might back out the markets are unbelievably strong at the moment. The s p better by ten. Those are all record highs. Janet yellen once again on the hill said she had three rate hikes penciled in. Telling foxbusiness in an exclusive interview. We think we are operating in a really safe Interest Rate environment is just not that high globally. You have to do as much to keep inflation under control. We think we are in pretty good shape. We have have the one increase this year im a little agnostic about timing on that and we will see how it evolves as it goes through the year. They said it was unwise to wait much longer. I think perhaps they will both be right. Its interesting. What weve experienced with the new Trump Administration is the complete opposite of what we experienced in 2009. We market in the first few months of his presidency that went down 12 or 13 and now on the complete opposite side of that. The market has been terrific. There something theres something out there that will reverse the trend we had been on. It will be as sharp sharp in deep and ugly. That will probably be a buying opportunity. With all of the breaking news whether its whats going on at the white house or the general resignation what could be a backing out by the labor secretary nominee at any moment according to fox news sources why we think the market is completely unfazed by it. I think when you look at the rise in equity there is any other place to go. I represent the gold market. Gold is up 7 today. And yellen just told us that three rate hikes were coming over the next 12 months. We have heard this song and dance before lets see an effective strategy we are at records. They are only at 20 . Theyre kind of stuck there right now. Lets not forget we continue to see insurance buying. There is some interest there. Thank you very much. Were 20,603 with the closing bell about 49 minutes away. Heres the question i want you to answer to me. Is the worlds greatest investor a new steak and xm radio. We will have more on Warren Buffetts big buys. Its up next with markets hitting once again you may have missed an explosive step about the price of gasoline. And then outperform the very confusing signals going on. The main energy fund up 50 . To 50 . We wont name the fund. As a secret. The countdown is coming right back. When you have something you love, you want to protect it. At legalzoom, our network of attorneys can help you every step of the way. With an estate plan including wills or a living trust that grows along with you and your family. Legalzoom. Legal help is here. Companies across the state are york sgrowing the economy,otion. With the help of the lowest taxes in decades, a talented workforce, and worldclass innovations. Like in plattsburgh, where the most advanced transportation is already en route. And in corning, where the future is materializing. Let us help grow your companys tomorrow today at esd. Ny. Gov wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. And if you have more than one Liberty Mutual policy, you qualify for a multipolicy discount, saving you money on your car and home coverage. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. We have so much news and breaking at the moment but im not going to ignore the market here. Up 110 points. The height of the session up 112 points. With the s p charging have. It is just under 13 points to the upside. We have got to keep our eye on the markets we are choking and gagging on oil and gasoline because there is so much of it. Crude Oil Inventories hit a record rising nine and half Million Barrels for the week it was expected. Last month Inflation Report that came out today it shows that youre paying a lot more at the pump gas prices rose 7. 8 percent in january. The expert you need to listen to slow and steady wins the race. It seemed returns of 52 percent over just the last year. I just begin to ask you how is it possible with gasoline inventories choking and we know that crude has been trading traded in the narrow range. Did you pick stocks. Last year we were in a crude oil armageddon. We have too much of it. Or in a crude oil nevada. Always seen as a rice in the oil prices what a lot of investors are asking us now is how they missed it. When you say the answer to that is no. To make money in the Energy Sector from here Going Forward but its not the obvious pick. At least one of his funds thats one thats up 52 percent. These are names that tell us what they do because theyre not the usual exxon mobil we really focus on north america and the energy in this particular fund because the u. S. And north america in particular is becoming a low prop a lowcost supplier. They are contributing with the low. They actually produce scenes. It doesnt have anything to do with oil. It is going to be exported as well as several others. It has allowed us to produce some of those. We know of donald trump is probably going to be friendly towards. We need to get that. The liquid natural gas it is what we pay here. Great to see you. Thank you. The Ticker Symbol for that is topics. Its not when sharks attack but more like when billionaires buy. With the closing bell 41 minutes away look at the very top left stock there. As a leader things to billionaire tramp fund. Driving the price to do not a one year high but a twoyear high its now standing at 90. 90. The chiefs of best buy at among the ceo to convince him tax to be a very bad thing for that business. Brian dodge fresh out of meetings. They want that board attacks. Dont go away. Its now up to hundred ten. Yeah, with Liberty Mutual all i needed to do to get an estimate was snap a photo of the damage and voila voila sigh i wish my Insurance Company had that. Wait hold it. Hold it boys. Theres supposed to be three of you. Wheres your brother . Wheres your brother . Hey, wheres charlie . Charlie . you can leave worry behind when liberty stands with you. Liberty stands with you™ Liberty Mutual insurance we have a stock alert has it really come to this. Under armour ceo kevin plank after supporting donald trump with a comment now not just walking back that comment hes running back the comments on President Trump. They called President Trump a real asset to this company. Both the internet and that companies superstar athletes that exploded with this disdain over the pro trump stance. It doesnt end there. Today the footwear analyst downgraded under armour stock to negative for neutral and then cut his price target to 14 saying that the pro trump comments will stall the progress. In building a crow cool urban land brand. It is amazing that now ceo feels like they cant Say Something positive about the president or something negative about the president without getting low back from either side. Other ceos at the white house today speaking out against the gops vision on trade into new border tax plans. They have circulated a flyer estimating the proposal of this border tax into a 2 billiondollar loss. Is a real number or just a scare tactic. This is a man and manner that put this together. That was a dramatic flip to go from 1 billion in revenue to negative 2 billion was a real number. Its the best that retailers can do. The employees will retail. Most importantly on the consumers themselves will be forced to pay as much as 20 more for the products that they need it require these are the apparel food items and things that would just cost more and hurt the middle income families. At this table the ceo seem to have a very nice rapport and the media was there i would imagine that they put their flag in. And say please mister president do not do this but you know the present trump has said i want more product made here it comes in to this country. What would you say to the president and do feel like they find any success in convincing him. From what i hear from those who work to make the case about how this affects those middle income americans that were talking about. To your american jobs no history doesnt more than retail. We are Firm Believers in that. They do it every day. I dont know if our viewers saw the big hint afterwards when bill rhodes said he did talk about the jobs but that he said we serve the consumers. It was code for we dont want to make our products more expensive. They want this border tax in the plan. We have a great day of meetings. This is a high profile day. It is just part of an ongoing effort to educate lawmakers about the impact part of a coalition for portable products. Together we are canvassing out to try to talk to every lawmaker with different Diverse Voices to make sure that they understand that the effectiveness would be profound. Its not necessarily a border tax at the change. Versus retailers importing projects products they be subject to the u. S. Tax. They are looking at joanne, best buy autozone. Those are all publicly traded companies and they want to know are they going to be hurt with what best buy said. This is a fundamental change in the tax code. And it would have a negative impact on the businesses. I cant emphasize enough the impact it would have on consumers. This is simply not the way to do it. It will raise 1. 2 billion dollars over the course of the next ten years. Ultimately it will be the consumers who pay more. Here you have the whole meeting together and you just didnt you get to sit there. Next time. Thank you so much. The president was listening. Closing bell 31 minutes away. Still holding onto nearly all of the gains on a rock n roll day. Remember this, when president obama barely a brandnew president won the nobel peace prize. We saw how that worked out. He was not able to broker peace not even close. Can they get the ultimate agreement on once and for all or did that singular moment during this appearance with the Prime Minister Benjamin Netanyahu throw . Into the equation. In the real chances of a peace deal between israel and the palestinians. You have to stay with count on. [pony neighing] what . Hey gary. Oh. Whats with the dogsized horse . Im crazy stressed trying to figure out this complex trade so i brought in my comfort pony, this is where i trade andrs. Manage my portfolio. Since i added futures, i have access to the oil markets and gold markets. Okay. Im plugged into equities trade confirmed and i have Global Access 24 7. Meaning i can do what i need to do, then i can focus on what i want to do. Visit learnfuturestoday. Com to see what adding futures can do for you. Liz well i told you this final hour was going to ramp up here. More breaking news, senior white house source telling fox news Robert Harwood is expected to be named National Security advisor, taking over for the justresigned Michael Flynn. Now the deal isnt quite finalized at this moment. It is expected to be very soon. He is a former navy seal. Interestingly, he graduated from tehranamerican high school in tehran. He speaks fluent farsi, and comes with very little, if any baggage and is highly, highly regarded. Joined the navy just out of high school. Quick update here, breaking still, we told you andy puzder was expected to withdraw his nomination as labor secretary. We are continuing to hear that is the case but for now his confirmation hearing for tomorrow is still on the docket despite the fact at last count sources say seven republicans will withhold their vote. Any news breaking on that well get it to you. Talk about checking all the boxes, if the first three minutes of his News Conference with israeli Prime Minister Benjamin Netanyahu President Donald Trump called israel a symbol of resilience and survival. He slammed the iran nuclear deal. He would never let iran develop nukes and he ripped the United Nations for antisettlement resolution against israel which the Obama Administration allowed move forward. In a stunning moment he seemed to test the Prime Minister a little bit on building settlements on contested lands. Listen. As far as settlements i would like to see you hold back on settlements for a little bit. Well work something out but i would like to see a deal made. Bebe and i have known each other a long time. Smart man, great negotiator. I think well make a deal. Lets see what we do. Thats right. Doesnt sound too optimistic but liz bring it in on fox business. Former israeli ambassador to the u. N. And uk, ron prosser. I think he took Benjamin Netanyahu by surprise. Benjamin netanyahu is looking at him, he said, well try. How did you read that moment . Well i read the moment very clearly as to the no daylight, no gaps, no surprises. We lost that in the last years. And this is, you know, with a smile, the return of the intimacy is absolutely important. It is strategic. It convey as message that the United States and israel will work that message goes very far and very clear into the middle east because only a really, a, a front, a coordinated front between the United States and israel can make peace possible. Liz okay. So im so glad youre here to give us that particular take and looking at it through that prism because some is people looked at that and said, whoa, wait a minute is he walking back what he had said, let me support the settlements . In fact i dont know if a lot of our viewers know this, President Trump did invite Israeli Settlers to his inauguration. He has donated money to israeli settlements t was a very sort of natural moment and turned to him, like you to hold off on that for a moment but were looking also at the twostate solution. Donald trump said, im looking at the twostate solution, the onestate. I could live with either one. What did the palestinians think of that in your mind . I know obviously you dont speak for the palestinians you but what must they think . They want a twostate solution . Action from the direct negotiations. Basically theyre a gone for the previous years and International Community is basically give len them, more and more candies by not, you know, sitting and directly negotiating. I think a change in paradigm, basically saying to the with the arab states. You want working together we can work on the regional side, be more effective on reaching a solution. Liz what about this . You used the word coordination. Yesterday it was revealed there was a secret meeting between cia chief mike pompeo and mahmoud abbas, the palestinian president. So that was in advance of President Trump meeting with bibi netanyahu. Important to listen to everyone and i you think it is very professional. At the end of the day, the people of israel and the United States this is a strategic relationship. Liz let me give you this break news. Im sorry to interrupt. But, this according to reuters. The palestinian presidency, that is mahmoud abbas, says it agrees with President Trumps call for israel to quote, pull back on settlement activity. As soon as we heard the moment, could you hold off a little bit. We dont have to hear the sound again but we can show that moment. It took cameraman by surprise, he was on oneshot of donald trump, they turned to bibi and palestinians are i am bold inned by this. Abu abu mazen is that is what he is going to take. Stop incitement. Stop naming streets and squares on suicide bombers and basically get back to direct negotiations because he has been trying to circumvent and run away and by doing that, you know, he wont achieve peace. And i want to really say that, there is an additional thing, we didnt talk about. He sees israel as Strategic Asset for the United States and the region. That is really good news. Liz to hear President Trump say we have shared values and the palestinians must recognize israel and stop teaching from a very young age such hate that may be part of the path forward. Ambassador, great to have you. Thank you so much. Thank you for having me. Liz am bass ron prosor. Closing bell, 17 minutes away as we continue this massive news flow. President donald trump may have taken an aggressive tone towards china but that is not stopping asian investors piling their money straight into the u. S. Charlie gasparino has exclusive details which asian heavy weights are knocking on our doors. Charlie breaks it next. The dow breaking up through new ceilings, up 10points. 107 points. Why pause a spontaneous moment . Cialis for daily use treats ed and the urinary symptoms of bph. Tell your doctor about your medicines, and ask if your heart is healthy enough for sex. 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Call one reverse mortgage now and ask for your free information kit. Liz breaking news. We now have the statement Andrew Puzder is out. He officially has withdrawn his candidacy for labor secretary. This is the statement. Itch just gotten it. Quote, after careful consideration an discussion with my family im withdrawing the my nomination for secretary of labor. Im honored to be considered by President Donald Trump to lead the department of labor. He goes on to say, i want to thank him for the nomination. While i wont be serving in the administration, i fully support the president and his highlyqualified team. What isnt said there was growing ground swell of resistance coming from conservatives. Seven at least republican senators would withhold support. It was revealed that puzder employed undocumented worker. This for an an administration that says got rid of undocumented workers. Ceo of cke restaurants, give an interview, robots versus employees, i like them because they they are always polite and never take a vacation. Charlie gasparino, that is two nominees. Clinton had a bunch of people dropped out. Liz five. Obama liz had three. This is two in one week. The flynn one was kind of messy because it involves the russians and an investigation and the leaked transcripts. Liz he had been confirmed. He had been confirmed. You know, stuff is going to happen. I always question this one guy as labor secretary. I mean if you hire undocumented workers and want to be part of the Trump Administration that zooms like an oxymoron, right . If you want to be part of the Trump Administration which built its rep as representing the working man and you praise robots, robotics and putting people out of work liz they never show up late. They never sue for age or sex discrimination. If you do that i think that is a problem. Liz that was Donald Trumps base, the real working man who feltdown trodden and losing jobs right and left. Well have to figure out why republicans were against this we need to do more reporting. There has to be Something Else than those two statements. That has to be more. Liz it may be moot but Andrew Puzder is withdrawing his name as labor secretary. No word who would be next in line. Maybe gary cohn can serve many different roles. Maybe scaramucci. Speaking about scaramucci, this is interesting, weve been doing a lost reporting on this, there is a massive amount of Asian Companies who, looking to expand into u. S. Management, asset management. This is where the scaramucci. Liz he told his company. H and a capital. Were speaking with people. They are telling us want to buy more u. S. Management companies. Acquire more assets. It comes on the heels of softbank buying fortress, the u. S. Hedge fund. Liz softbank is japanese. It is japanese. What we see right now is is asian investors seeking to get into the u. S. Asset management business. Fund managed by human beings. Not liz robosigners. Or index funds as mr. Puzder probably loves index funds because it is all robotic but theyre looking to get into this. What they see right now is, the trump presidency, added volatility to the markets. People buying stocks but much more volatile markets. That is where, that is where guys, you know, active itly manage and women, actively managing funds, usually perform better. And for the investor out there, im not telling you to give your money to any manager, but there is a debate out there versus passive, like put your money in a hedge fund or active. A lot of people are saying this is now the market to buy, to buy the actively traded liz would these purchases be approved particularly from the chinese side . Right. Liz could that then be, i hate to overuse the word trojan horse but they get into the u. S. Financial system . Right. We should point out hna has done a lot of business in the u. S. They bought stuff from blackstone, the big private equity fund. They passed other regulatory barriers. They believe they will pass listen, they tell me they couldnt scare less whether Anthony Scaramucci gets a job in the Trump Administration or not. They want to get into this business. They paid up to get into the business because of the dearth of assets. They believe, they will get finra approvals to do this deal. If you see h and a getting those approvals, you have to think softbank which has more of a presence here in the u. S. , a lot more exposure, verizon, right . Liz no, sprint. Sprint. That is where by the way the notice something happens to the screen every time i come on . I think russians. Liz that is only at the nyse. That is the russians. Well have full report on h as full ambitions. They want to buy other companies. I talked to one. Top executives there. It will be an interesting story. Liz i tell you what is an interesting story beyond that . What . Liz market is up by a long jump here. 99 points weve seen destabilization, you could call it that with at least one cabinet nominee pulling out, Andrew Puzder, he is not towing to do it. He is the former cke ceo. Carls jr. he is not a household name. Liz Warren Buffett, what he shopped and what he sold and how they are performing, asking if he a secret fan of howard stern . David joy, ameriprises 787 billion market maven if you should follow the oracle of omahas investment decision. Countdown coming right back. As after a dvt blood clot,ital i sure had a lot to think about. What about the people i care about . Including this little girl. And what if this happened again . I was given warfarin in the hospital, but wondered, was this the best treatment for me . So i asked my doctor. And he recommended eliquis. Eliquis treats dvt and pe blood clots and reduces the risk of them happening again. Yes, eliquis treats dvt and pe blood clots. Eliquis also had significantly less major bleeding than the standard treatment. Both made me turn around my thinking. Dont stop eliquis unless your doctor tells you to. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. If you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. While taking eliquis, you may bruise more easily. And it may take longer than usual for bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Eliquis treats dvt and pe blood clots. Plus had less major bleeding. Both made eliquis the right treatment for me. Ask your doctor if switching to eliquis is right for you. Liz gearing up the network that airs survivor and the good wife. Cbs, lori rothman. How does it look for the preview . Shares last check for cbs little changed. Analysts looking for earnings per share 20 for the quarter last year. Almost 4 billion quarter that is the estimate. That would be a gain of 1. 2 . Key things to watch for in the Earnings Call how cbs embracing streaming service. Calling it cbs allaccess. They will have content of ncis, star trek, the good fight which is a spinoff from the good wife. This is one of lower risks for cord cutting because cbs is included in socalled skinny bundles sewed out there, liz. Liz thank you very much. Filings in the last quarter show Warren Buffett followed apple, airlines and sirius xm radio jumping more than 3 . He got out of deere and drastically cut his stake in walmart. Let me get to david joy. David joy is with ameriprise. Listen should we follow some of those moves . We agree on some he have them but not all of them. Apple is remains on our focus lives. We believe there upside. We agree on walmart. We havent been attracted to that story for a while. On airlines were in a little disagreement. I have to say i already accounted for a good moves in airlines today so maybe we should take a second look. Liz if you buy like buffett. Siriusxm, he likes to buy companies with a moat around them. They have no serious competitors if you look at that. The question is getting people to pay for subscriptions. That always has been the struggle there but as you say the competition is very limited. Again if he sees something that others dont it is worth a second look. Liz what do you see in this massive rally and multiple record highs not only since the election but stringing together three, four, five, for the dow, nasdaq and s p . I have to tell you were getting awfully close to our yearend target. Liz really . This is somewhat amazement. Were one one of the s p where we thought the year would end. That may still be the case. Were seeing good earnings and if we get any sort of Corporate Tax reform, there is going to be leverage on those earnings and i think that is what the market is seeing. [closing bell rings] liz tax reform trump talk did it again. The dow gaining 103. David joy, ameriprise. Thank you. Fireworks for the market. A big day. David and melissa, over you. David when you hear yearend targets reached at end of february. We still have nine, 10 months. Unbelievable. The trump rally going on despite turmoil within the white house. Brand new record high for fifth day in a row. S p 500, nasdaq, the russell closing brand new highs as well. S p ending higher seventh day in a row. The longist winning streak in 3 1 2 years. Hi, everybody, im david asman. Melissa im Melissa Francis this is it after the bell. We have you covered on all the