Possible and on testing the American People really deserve to know that when we began, as you said, mr. President it, was literally a standing start. We didnt have information on the coding of the coronavirus until midfebruary but americas cdc labs and Public Health labs did their level best. By the end of february we had done less than 10,000 coronavirus tests but as you Just Announced a few moments ago, last week we cleared 100 million tests all across the country. It is extraordinary. We have the capacity to do three million tests a day. It is a testament to American Innovation and the leadership youve provided. Also, mr. President , weve delivered to nearly 14,000 Nursing Homes in america point of care tests already and are making it possible for us to really keep focus on the most vulnerable. As you know only 8 of those who have contracted the coronavirus are in Nursing Homes but 40 of those that have lost their life have been in Nursing Homes. So weve surged those resources and surged them to vulnerable populations. But with the announcement today of this Abbott Laboratories test, we began a process first announcing 50 million tests to go to vulnerable communities, to minority communities, Indian Health services but as we told all the nations governors today we begin the process this week of distributing 100 million tests to state and territory in the country free of charge so they can deploy those tests on the priority the state has set, but mr. President , giverren the extraordinary capacity we have in testing today we expressed a hope to all of the the today use these abbott bio next tests to open up americas schools and keep them open. We heard about the enthusiasm of governors on both sides of the aisle about what this test will mean in helping to process, helping to process the testing that will get our kids into school and keep our kids in school. Mr. President , let me just close by saying this is a, weve passed through a challenging time in the life of this nation in 2020 and our hearts, i know your heart is with all the families that have suffered loss. But as you said, cases are declining. Hospitalizations have been declining. Declining dramatically, particularly in the sunbelt. In louisiana where not long ago 50 parishes had more than 10 positivity rate, only three parishes are testing positive over 10 . Arizona was testing 20 positivity rate. Now it is less than 4 consistently. With cases positivity rising in 10 states in the midwest and the near west, and with this historic advance in testing that is being distributed, 150 strong around the country, mr. President , the American People should anticipate that cases will rise in the days ahead. But as we, as we more readily identify those who have contracted the coronavirus, the American People can be confident because of this extraordinary and historic public and private partnership that you have forged. Because of this whole of government approach were ready. As we prove through the outbreak in the sunbelt this summer, well make sure that any community, any state that is impacted with rising cases, any school that is impacted will have the ppe, will have the supplies, will have the medicines. As you said, mr. President , we will continue at your direction our relentless drive toward achieving the first, safe, effective vacs soon so which can achieve the day, we once and for all put this coronavirus in the past. So mr. President , with thanks to our industry partners, thanks to this team, thanks to you for your strong leadership, i hope for that day and the American People can be confident we will not rest, we will not relent until we put this coronavirus in the past. President trump thank you very much, mike. Scott atlas, would you say a few words please, how were doing and where you see us going, please. Okay. Thank you, mr. President. And i also want to echo the congratulations to the team, the task force, admiral giroir in particular who worked very hard on the testing. This is a remarkable day because we have state of the art testing. This is not the typical point of care test even. This is new. This does not require any kind of machine. It is very rapid and. This is not one of those deep swab things that people are reluctant to use. So i think were, were really making an advance here to do what testing is supposed to do, that is to save lives. As the Vice President mentioned we know that there are areas of the country that have more cases. This is to be expected with more social mingling and the testing but particularly protecting the vulnerable is the key here. We have not seen hospital overcrowding. Were doubling down now with testing to protect vulnerable people, not just inside of nursing hopes but in residential settings, senior Daycare Centers this is a remarkable advance. I anticipate as, as this virus, as we get toward the end of this pandemic, and the vaccine is being developed as quickly as it has been, america will be in a different position and there really should be, as i said many times, the fear is not the issue here. We really have a handle on whats going on. We know what to anticipate and there is remarkable advances being made as we see today. Thank you very much. President trump well, thank you very much. Tremendous progress is being made. I say it, i say it all the time. Were rounding the corner. Very importantly vaccines are coming but were rounding the corner regardless but vaccines are coming. Theyre coming fast. We have four Great Companies already. It will be added to very rapidly. Theyre in final stages of testing and from what were hearing the results are going to be very extraordinary. So thank you very much. I appreciate it. And thank you very much, great job by abbott. Great job from the beginning by abbott. Thank you very much, everybody. Thank you. [applause] melissa President Trump wrapping up a News Conference on the testing strategy now for a vaccine as well as stocks rebound after four straight weeks of losses saying there, that was doctor dr. Scott atlas. The big news from the president and Coronavirus Task force team, they were going to start shipping out, there were a lot of numbers thrown back and forth, 100 million, 150 million, theyre sending them to states immediately. They are going to be free. They are the tests that can be administered by yourself or an adult. Just swab your knows. Not the one that goes up are up into your brain. This is gamechanger. It is targeted at schools where you instantly can test people. Instantly got the results. You dont need a doctor. To focus it at schools and the most vulnerable population. The president is saying this should really change things. They will let the state deploy all of these tests theyre sending out, hundreds of millions of tests, let the states decide where they should go so they can open the schools as quickly as possible and they can focus on the population that needs the tests the most. A lot to absorb there. Im melissa francis. This is after the bell. Hello, connell. Connell hey there, melissa. Im connell mcshane, reporting from saginaw, michigan. Well get back to that story on testing in a moment. First tell you where we are for the shoaf. On the floor of a manufacturing company, continuing our swing state economy series ahead of the first president ial debate which takes place tomorrow. At this point a month ago, just over a month until the election. We were out and about as much as we can speaking to voters about issues that matter to them and their families. This time around no state was closer than michigan. This county had the tightest race in the entire state. It is such an important area. Well spend more time telling you about it. Back to the top stories of the day. We have fox Business Team coverage to cover it for you all. Edward lawrence in washington. Gerri willis following the market rally. We saw the dow climb 410 points. Gerri, well get back to you. Edward on the testing story well begin with you. Reporter the big issue is the testing. Theyre telling the American People to get the testing out, to reassure them they know where the virus is going, where it has been, possibly contain it with any hot spots there. As you heard 100 million tests have been purchased, and will be sent out to states free of charge. That is from at 760 milliondollar contract the federal government made with abbott labs. These are the rapid tests you get the answer if you have the coronavirus or not within 15 minutes or not. But again Nursing Homes. They say this will be targeted. Nursing homes, schools, the governor of mississippi if you were listening there, to get up he could have every teacher test themselves with these tests each day before the school starts. It is something that he would like to see, he said to make sure that students feel come comfortable. Get in the classroom. Mississippi is 70 in class. He wants to get it to 100 in class. Something im sure parents across the nation would like to see. But again 14,000 Nursing Homes will get these tests were told this week is what the Vice President said. He said he was on a meeting, a Conference Call with governors across the nation to let them know exactly how this testing procedure is going. What we did not see, we thought we would get questions from the president or president asking reporters to ask him questions about the news of the day today. There were two big topics. Obviously the Supreme Court nominee and also taxes. The New York Times report saying that the president has not paid federal income tax in 10 of the last 15 years because he is showing massive losses on the documents that they have, claiming they are his tax returns. Showing losses offsetting the income that the president s made. The president made it clear on twitter and yesterday saying that is not true. The story is inaccurate. He has paid hundreds of millions in taxes but again today, they wanted to refocus this about the coronavirus. The president showing the United States exactly what he is doing going forward. Back to you. Connell you could tell, edward by the setup in the rose garden there was no plan to take questions. The reporters were kept behind the rope where supporters and staff were closer to the president. Didnt give them any opportunity to ask the questions. Lets get to the markets. While the president was speaking gerri willis, we closed quite a market rally up 400 plus points on the dow. Reporter thats right, connell, up 410 points on the dow. Stocks rebounding after four straight weeks of losses. The jump coming after the longest weekly losing streak in more than a year. Take a look at the numbers, the s p up 53 points. The big winner today, the nasdaq composite up 203 points. That is 1. 87 . Digging now into the dow, 29 of 30 dow stocks ending higher, boeing, dow, jmp, j. P. Morgan, chevron. This was financials, industrial, broad swath of companies. Love to see the broad rallies than just tech doing well. Microsoft, facebook, all of ending in the green. Tech has been the big selloff candidate over the last four weeks. Not today. Just the opposite. The two big sectors really fueled the cyclicals, which speaks excitement what is going on in the economy, tech stocks, they boosted the averages more than 1. 5 . I just got to show you airlines here. Take a look at this, if you think somebody is not excited about the economy, look at those stocks. Airlines, this is an industry that really has been decimated amid coronavirus doing so much better. Hey, even Carnival Cruise lines was higher today. So good news in the markets. Just one final fact i will leave you with, among nyse stocks for everyone stock of the New York Stock Exchange stocks that went down today, closed lower, seven closed higher. Back to you. Connell seven to one, not bad at all. Gerri, thank you. Melissa. Melissa all right. Here now is Dan Henninger from the wall street journal he is also a fox news contributor. So, dan, how much of a gamechanger is this . Obviously the president comes out and makes this very big announcement, 100 million tests free of charge going out today. Going to states. Teachers can do it themselves, get a test result immediately. They can test themselves every single day, get schools back open. The white house, d. C. Is sending these out free for the states. You have abbott labs there. He didnt take any questions, didnt want to muddle the question or muddle the moment, get other news in there. Get everybody to focus on the fact that he has a big plan and testing to get kids back to school. What do you think about this . Well i thought it was very positive development in of its own right. Testing has been a huge part of the battle against coronavirus and now we have a rapid, easy, obviously general giroir doing extraordinary demonstration on himself, rapid test to see within 15 minutes whether one is infected with coronavirus and if i can say very quickly, melissa, this is an extraordinary achievement by Abbott Laboratories. I mean six months, the base of scientific knowledge in the United States that is able to do something to this is something i think we should all be very proud of but to get back to the politics of it make no mistake what is happening tomorrow night a debate between joe biden and donald trump and one of joe bidens primary points of attack in his words, that the president has botched the handling of the coronavirus and the response to it. The president s numbers on handling the coronavirus have not been very good. So needless to say, mr. Trump is going to want to put as much positive information out there in advance of that debate as he can to neutralize the biden attack and what he did today was something substantive. This is real. These tests are indeed going to go out there. So it is part of a good story for the president but make no mistake, it is part of the politics well going through here in the next 36 hours. Melissa yeah. Speaking of politics, one of the other things that we saw land over the weekend was a very similar attack to last time around saying something has seen the president s tax returns and it shows that he isnt paying his quote fair share of tax. He took advantage of legal opportunities to depreciate this, that be the other, so he only paid roughly 750 doll dollars in taxes. Im paraphrasing the article. It is similar to what we heard about the same time four years ago. The bottom line the New York Times isnt providing the evidence and they can say weve seen evidence that you know, Donald Trumps tax returns shows he is a child molester and the only way that he could really refute that would be to release his tax returns which he doesnt want to do. So this is one of those situations where you kind of have to expect it if youre not going to release your tax returns. They can say they show anything they want and if youre not prepared to prove the inverse, what are you going to do . Should he release the tax returns . Does it make a big difference . Well, at this point he is not going to release his tax returns, melissa. We at the wall street journal editorial page wrote back during the 2016 campaign that the president should release those returns, get this dispute behind him. He didnt take our advice and so here we are. I do not think it is a gamechanger in terms of peoples opinions about the president. I suppose it is notable that the times is reporting that he didnt pay taxes because he took years and years of losses which perhaps is the president s biggest embarassment here. That he is socalled savvy businessman was losing money year after year. But nonetheless you may assume, i have assumed that the times dropped this story within a day of the president ial debate so that joe biden can press the attack on mr. Trump that he has somehow failed to pay taxes and perhaps consumed 15 or 20 minutes of valuable debate time arguing over Donald Trumps taxes and putting him on the defensive. Melissa does it matter that weve seen you know, so many articles, so much reporting about joe biden, you know, making himself an scorporation and using a loophole that he has vowed to get rid of . He himself has used to avoid paying massive amount of taxes too . Also legal, just like the president but, you know, is it hard for him to, can he hurl insults at the president for taking advantage of the tax code that he himself takes advantage of . Yeah. Well he will do that and the president will hurl insults back at him. He will bring up hunter biden, ukraine, the rest of it, one has to ask, melissa, is this what the American People want to tune in tomorrow to see, mudslinging match between joe biden and donald trump, issues not related to the governance of the country. Chris wallace will try to pull it back to issues like the connie, coronavirus, china and the rest of it but you know, trump doesnt take insults sitting down as we know. He gives as good as he gets and joe biden has built a lot of his campaign against attacking trumps character and attacking him personally. It will be a lot easier for joe biden to do that than to talk about details substance which he really has not done much in the last several weeks. Joe biden tries to stay away from hose subjects because he gets tangled up in them. I expect biden to press the personal attacks. Or trump tries to move on to something more substantive. Melissa is it about personality and make character or is it about policies and how that will impact peoples lives . Well see what people tune in for and what they hear. Dan henninger, thank you so much. Appreciate your time. No confidence in mayor bill de blasio, big surprise there why the Union Representing the Largest School d