More on all of this massive stock market volatility with 59 minutes left of trade. Coming up in the show, were down 2. 5 on the s p 500 and we have a big show coming up for you today were going to talk about all of those things that you just mentioned. We have former cisco ceo John Chambers coming up were going to talk about the comments from President Trump about potential decoupling between the u. S. And china and you will not want to miss what he has to say he previously used to run major Multinational Organization that operated both in the u. S. And had a small part of the business in china and then on todays selloff, you want to hear from Mike Novogratz the ceo and founder of galaxy digital. He said there was a frenzy in stocks he called for major selloff and what do we have on our hands now . Well hear what novogratz has to say now. Lets get to the big stories that were watching. Mike santoli is tracking another rough session for the market phil lebeau is following major moves in
judge jeanine: hello everyone, i m judge jeanine pirro along with herald for, jesse watters, katie and briane who s here from this morning. it s 5:00 in new york city and this is the 5 .en o president biden on the world stage for the dj 80th anniversary of normandy and l doing very littlite to dispel concerns about his diminishing mental acuity following a bombshell wall street journal report that claims he s slipping due to age. the president looking lost while getting out of the car and later seen shuffling from event tom ev event.ptin social media erupting over 1 moment where joe awkwardly fumbles for his seat as otherie dignitaries remained standing.s distinguished guests, please welcome the honorablede secretao of defense of the united states of america. judge jeanine: meanwhile the might have white house is turning into a cleanup crew asnu they attacp k the wall street journal report t.mo they ve been urging democrats who were interviewed for that damning expos
And happy friday, welcome to power lunch. Aisle melissa three, three major averages all lower this hour the dow is on track for its second straight weekly gain. Investors, again, somehow shrugging off fears about north korea. Check out the movers were watching for you, first solar soaring hitting 52week highs. Reports the u. S. Trade commission is considering slapping tariffs on foreign imports of solar product the crazy moves on finish line retailer was down 11 earlier on its profit miss. Now up 9 , the big move looking more like a short squeeze. The stock has a 29 Short Interest phillips 66 partners rallying the company, buying pipeline, other asset from its Parent Company for 2. 5 billion carmax is surging on its earnings beat. We begin in the nations capital, wilbur ross this morning on squawk box dealing down on the needed changes to na nafta and allout push to get tax reform done. Kayla tausche joins us from washington. Reporter the white house doing fullcourt press, trade teams
Lowest level since august. Road map begins with deutsche, shares plunging this morning on news that the department of justice is demanding 14 billion to settle some claims. Were going to take the pulse of the banking industry. The new iphone hit stores today. The lines arent what they used to be, but does it matter . Apple shares up 12 so far this week. And the nfl made its twitter debut last night to some mixed reviews. How it worked and what it means for the future of the company and live streaming. But first up, Deutsche Bank down sharply in the premarket. The doj demanding the bank pay 14 billion to settle Mortgage Securities probes related to the financial crisis. The banks head of communication spoke to cnbc europe this morning. Take a listen. We know that this is a number, its a very high number. This was the case with other banks, with our peers in the united states. And we all saw that these numbers go down significantly then. And so we are very confident that we are able that
Morning in the town where joe biden was born, in scranton, pennsylvania. You can see at the top there, city native joe biden accepts democratic nomination proving that the best news is always local news. Look at the subhead there. Former Vice President rises from green ridge streets to lead party. And then of course look at the rest of the front page. Down in the lower righthand corner, this is where it started, northeastern pennsylvania biden backers hold watch parties to mark key moment. Then look at this in the lower left. Trump questions bidens local roots. This is the scranton paper. He said hes from here . Hes not really from here. Dont believe it when he tells you hes from here. Were about five minutes away from President Trump saying that joe biden is from kenya too. Hes not really from scranton. The president questions bidens local roots. Heres how it looks around the country including in some states that are thought to be in play. Arizona republic on left. Biden takes democra