Plus the dealmakerinchief making good on another campaign promise. The president s next move to help the economy rand put americans back to work. This hour were joined by former reagan economist, art laffer, Linda Mcmahon from the Small Business administration, john bolton and Tom Mcinerney and former House Committee chairman Pete Hoekstra. Melissa dow snapping record streak failing to end the day with a record close. Phil flynn is watching the action in oil and gold from the cme. Nicole petallides on the floor of the new york stock exchange. Nicole, first to you what was moving the trade today . Reporter we saw apple weigh on all three major averages no doubt. Apple was down. They had a downgrade from Pacific Crest this morning despite the excitement surrounding the conference that was one area of whackness. Overall markets sold off slightly, down. 1 of a percent. Dont forget we closed on records friday. Stocks have been up two weeks in a row. Stocks are up 400 points in two weeks. A little bit of giveback is a okay with this group. Look at moves that you know so well that hit alltime highs. Nasdaq hit intraday high but pulled back. Amazon, alphabet google, got positive comments from analysts at Pacific Crest, microsoft, facebook all hit all times highs today. The news on amazon, in relation to apple is that Amazon Prime Video will be available on apple tv and other apple devices. Tim cook told us that today. Quick look at tesla. There was some news on tesla here. Toyota had a deal, possible deal they were going to have. Theyre now formally ending those talks, toyota and tesla. Tesla finishes up 2. 2 . Also bond yields crept higher, dont forget on the 10year bond is such a key story. Everybody is wondering when the yields go up. On friday closed at 2. 15 . That was the lowest level since november of 2016. So crept higher 2. 18 right now for the 10year of the big picture, just off the records. Back to you guys. Melissa thank you. David amazon, 10111. David, did you hear that . We have have a cameraman that hs the stock. Phil flynn, saudi arabia cut ties with qatar today. Is that one reason why oil slipped . I think it is. We saw dramatic moves on oil after the announcement was made. People running to the banks with Oil Prices Going up. Over time they came back down because it raised concerns about the cohesiveness of the opec cartel and what this may mean for future production cuts. Now one thing people have to remember, you have to separate oil politics from geopolitics when it comes to these countries. I dont think it will impact compliance by opec countries but it raised concerns. The other thing to watch is the lng, natural gas market. They were one of the biggest exporters of lnf. May take a while for tankers to get there because they are not allowed to use those waters. Gold was up a little bit on terror concerns. Oil was down a little bit about terror concerns, concerns on demand. Back to you. David that was the fullest nutshell description i ever heard in my life on commodities. Phil, thank you. Melissa. Melissa trillion dollar overhaul of the countrys roads and bridges. President trump kicking off the week at the white house planning to privatize the nations air Traffic Control system. Today we are taking the first important step to clearing the runway for more jobs, lower prices and much, much, much, better transportation. Melissa im joined by robert wolf, 32 advisors ceo, former Economic Advisor to president obama and a fox news contributor. We also have liz peak, columnist with the fiscal times. Thanks to you both joining us. Robert, let me start with you. I was shocked put so plainly, i guess it hadnt occurred were using a radar system opposed to track aircraft as opposed to satellite gps. President trump said we cant buy supplies to fix the system because it is so out of date. That is pretty shocking. No question it is time for upgrade. Time for a decade. There has been debates all sides when we get next generation gdp . As you said, the idea, melissa, moving from radar and voice to satellite and digital. The time has come. I think there will be real debate whether privatizing is the best way to go forward or not. But certainly if it is the only way to move forward, as long as we keep Safety Standards we got to move forward. Melissa liz, we talk about the privatizing piece. On one hand seems government in charge of it using their dollars gotten us place where we are, we havent upgraded. Were using a system frankly dangerous. At the same time, when the president talks about the vehicle where it is private money so it is competitive and look for profits, then he describes sort of an Oversight Group that is notforprofit group that was vetting contracts and stuff, i dont know, there is a lot of Little Details to work out in there, isnt there . As far as air Traffic Control is concerned even Union Members in charge of this, the controllers want to see privatization take place. There is almost no resistance. All bodies are on board agreeing that the faa has done a terrible job of modernizing, keeping this organization up to speed. In terms of just generally, the notion of privatization, in fact, some years ago the democrats introduced, i think second year of obamas presidency a bill into the house requiring, setting up a new agency to oversee the faa or any privatized agencies that basically were working on such infrastructure. That was quickly nixed because everyone felt like there was already plenty of oversight. That would really undo the efficiency pluses that were supposed to come with privatization. So in terms of rolling out an infrastructure plan generally, i think whats terrific about what is going on elaine chao spoke out at the milken conference a couple weeks ago streamlining how we permit and organize the building of the nations infrastructure. Lauren yeah. Getting all the agencies, 17 different federal agencies on board, et cetera. Neil theresa may calling for, tracy Tracee Carrasco is standing by in the newsroom with very latest. Hi, tracee. Reporter hi, david, theresa he may criticizing social media platforms the way extremist content is taken down. May is calling for International Regulation and putting pressure on social media websites. We can not allow ideology the safe space it needs to breed. Yet that is precisely what the internet and Big Companies that provide internetbased services provide. Reporter according to a report from the the telegraph, counterterrorism officers allegedly record one suspect from the extremist cell responsible for saturdays attack how to use videos to plot a van and knife attack in london. Youtube which is part of google, tells in a statement, we are committed to working in partnership with the government and ngos to tackle these challenging and complex problems and sharing governments commitment to insure terrorists do not have a voice online. Another issue with millions of posts and accounts these social media sites have to police, are those who monitor content are overwhelmed. For example on youtube, 400 hours of video is uploaded every minute. Youtube suspended accounts related to promotion of terrorism and condemning terrorist content. Saying in statement, terrorist content has no place on twitter. We continue to use technology as part of a systemic approach to remove this type of content. Facebook echoing the same sentiments. Quote, we want face book to be a hostile environment for terrorists using combination of technology and human review. Well remove technology aware from our platform as soon as we become aware of it. The key words are when they become aware of it. These platforms only iervene when illegal or inappropriate content is flagged by users. David . David tracee, thank you very much. Lets bring in liz peek and robert wolf. Can you put the genie back in the bottle . Is it possible to monitor the internet without clogging it up . David, i think they have to put a hardline in the sand with children, pornography. I dont want to compare the two. In similar ways a way to take free speech and fry press, make sure it is used for the most appropriate fashion. My view they made some headway. Twitter and facebook suspended and or removed hundreds of thousands. It is not nearly enough. Well have to figure out how to work with the government and you know we want freedom of speech, but this not type of speech. David liz, child pornography is a good analogy, dont you . Yeah, i think it is the problem is the bad guys move faster than the good guys. Theys always seem to be one step ahead. As the report pointed out, sheer volume of how much stuff isis and other terrorist groups are posting is staggering. This calls for use of Artificial Intelligence. That is how they finally get better identifying these vial postings before they really, before they get to users. I mean that is possible. It has to happen very quickly because it is really bad recruitment source and Everything Else for isis and advertising. David causing death. Go ahead, robert. David like they did with bots during the election, they will have to use algorithms to really remove this well have to trust this technological system can work. Whether it does we dont know. David i will never tryst Artificial Intelligence but lets hope. Robert wolf, liz peak. Good to see you both. Melissa apple giving a sneakpeek of companys first products look at first Product Announcement for the year. Reporter everyone was waiting for conference. They didnt give too much on the it phone in the fall, we learned so much about some developments at apple. Lets break it down right now. First of all the homepod has been number one breaking news here. 349. This is siri and you speak to siri and this is going to come out in december, just in time for the holiday. This is their breakthrough home speaker. Not only will it have great sound and reinvent music in your home but it will also turn on your lights and your appliances and competes with amazon, echo, google and the like. Highlights, other highlights, mobile software, 10 1 2 inch ipod pro, new computes with new processing chips and 13inch model of macbook pro laptop, 1300. Apple watch and tv. Apple pay. Go out with a friend you can each pay with apple pay. Instant translation, chinese, french, italian. There is male voice. Anticipating your needs more Artificial Intelligence. Big picture there is mixed reviews because Pacific Crest did downgrade apple only probably because of their runup about 70 since the lows of 52 weeks ago and then also theyre a little concerned about some delays about the iphone. On other hand other analyst said buy. If you get delay on some piece of news, buy apple on a dip. Melissa that is true. Nicole, thank you for that. David meanwhile, evil unmasked. Russian terror investigation unfolding as attackers are identified but authorities yet again miss another major red flag. Why does this keep happening, and how can we stop it in the future . Melissa plus new concerns here at home were being too politically correct. President trump wants americans to be safe and vowing to do whatever it takes to keep a londonstyle attack from happening in the u. S. David still to come on after the bell, former u. S. Ambassador, john bolton, former house intelligence Committee Chairman Pete Hoekstra and retired general thomas mcinerney. We renew our resolve, stronger than ever before, to protect the United States and its allies from a vial enemy that has waged war on innocent life and it has gone on too long. Deartheres no other way to say this. Its over. Ive found a permanent escape from monotony. Together, we are perfectly balanced. Our senses awake. Our hearts racing as one. I know this is sudden, but they say. If you love something set it free. See you around, giulia we cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Brtry new Flonase Sensimists. Withallergy relieftage. Instead of allergy pills. It delivers a gentle mist experience to help block six key inflammatory substances. Most allergy pills only block one. New Flonase Sensimist changes everything. Melissa President Trump pushing for tight security following the london terrorist attack as former fbi director james comey is ready to take the hot seat in front of the senate Intelligence Committee tuesday. It is another busy week in washington. Our own blake burman at the white house with the latest. Blake, i hope you have lots of coffee or ready for this week . Reporter cup was poured earlier this morning, melissa and we needed it. 6 00 hour the president had sent out slew of tweets the white house accounted for throughout the day. The president saying there was indeed a travel ban he supports, a term this white house was pushing back on in the first days of his presidency. After that the president seemed to cast doubt on second iteration of that travel ban which he wrote following, quote, the Justice Department should have stayed with the original travel ban, not the watered down, politically correct version they submitted to sc. Meaning the supreme court. Deputy press secretary Sarah Sanders was at the podium and she asked, does the president support what he signed . Absolutely. Again he supports steps moving in the direction at all levels and forms possible. He wants the strongest executive order out there. He wanted it to move as quickly as possible. That was the rea reporter now the series of tweets during the 6 00 hour and after that turned attention away from infrastructure week which is what the white house rolled out today, wanted to focus on throughout the week. However that will be likely dwarfed as well on thursday, when former fbi director jim comey publicly testifies on capitol hill. The white house says they will not block testimony through means of executive privilege. The president s power to exert executive privilege is very wellestablished, however in order to facilitate a swift and thorough examination of the facts sought by the senate Intelligence Committee, President Trump will not assert executive privilege regarding james comeys scheduled testimony. Reporter complicating the issue on executive privilege being president openly talked about this several times. If it was one cup of coffee, melissa, 10 00 thursday morning, senate Intelligence Committee get a whole big pot. Well get a few hours of jim comey that will have a lot of people talking after that. Melissa i love how you said jim comey was going to dwarf everything around him. You showed a shot of him going down the hall and he is about 20 feet tall. You saw what you did there. Dont think we missed it. Reporter youre right. I tried. David white house continues pushing for a travel ban former secretary of state john kerry is slamming the plan. Take a listen. Travel ban will be cannon fodder to the recruiters. It is worst thing we can do. David cannon fodder to the recruiters. Former congressman Pete Hoekstra from mesh pan. He served as are chairman of Intel Committee michigan. Almost sound exactly like the rhetoric heard about shutting down gitmo. Gitmo acts like a recruiting tool for terrorists. Every time we come out for a method to keep terrorists away from the United States, we hear its a recruitment mechanism to bring terrorists into the United States to which you say what . It is once again im sorry, john kerry, its not our fault. Hillary clinton and benghazi, no it is not our fault because beca video about islam and those types of things. It is not our fault. I can tell you right now there are lots of politicians and people in the uk who wish that there had been a travel ban and more extreme vets of the libyanislamic fighting group that the being welcomed in in the 90s. There is lots of people in europe who wish there were more extreme vetting and a travel ban for the millionplus people who came in the last 12 to 18 months. David absolutely. No question. And yet, in addition to hearing john kerry its a recruiting tool, you hear beam continuing to conflate idea of a travel ban with a muslim ban, forgetting 90 of the worlds Muslim Population is excluded from this travel ban. That is exactly right. Were excluding people, not excluding, we want to exclude or vet people coming in from failed nation states, countries that dont have the mechanisms in place to vet the people who are coming in. You know, investigative project on terrorism where i work, we documented that in syria, isis when they overran syria took, established the caliphate, they took over Printing Presses and materials that the Syrian Government had used to make passports. So now isis had the capability to manufacture what would appear to be legitimate passports. David right. So you know, you cant vet people from a failed nationstate. David Pete Hoekstra, you know on thursday we have this comey hearing. Im just wondering if you were still on the committee, if you had jim comey in front of you, what would you ask him . Well, number one, you would think you would go along with the purpose of the investigation has been to identify the role of the russians in the 2016 election. If i put on my partisan hat, i would ask them what influence or what kind of tools or activities did the russians use to try to infiltrate into the Hillary Clinton campaign because we all knew that, six month, four months after the campaign, that Hillary Clinton was going to be the president of the United States. So you would think that they would be trying to infiltrate here camp. You know, i think, i bottom line, i think were going to find out that thursday will be interesting. It will be intriguing but im not sure were going to see anygroundbreaking new kind of t. David youre probably right. Pete hoekstra. Thank you. Thank you,. Melissa disgruntled exemployee, five people shot and killed, at orlando business before the gunman turned gun on himself. He singled out victims during the shooting spree, targeting one person he had a negative relationship with. Officials do not believe the man had any ties to terrorism. David meanwhile improving medical care for veterans, President Trump continuing to promise significant changes to the va. Today a major step has been taken. Plus the president is pushing ahead on his agenda with businesses always in mind. So how does Small Business leaders think the president is doing . Linda mcmahon is here next to weigh in with Small Business administrator who was at the white house just hours ago. What she heard from the Vice President comings next. Oh, not so fast, carl. Oh no. Schwab, again . Index investing for that low . Thats three times less than fidelity. And four times less than vanguard. Whats next, no minimums . No minimums. Schwab has lowered the cost of investing again. Introducing the lowest cost index funds in the industry with no minimums. I bet theyre calling about the schwab news. Schwab. A modern approach to wealth management. You may sometimes suffer from a dry mouth. Thats why theres biotene. And biotene also comes in a handy spray. So you can moisturize your mouth anytime, anywhere. Biotene, for people who suffer from dry mouth symptoms. Bp uses flir cameras a new thermal imagining technology to inspect difficulttoreach pipelines, so we can detect leaks before humans can see them. Because safety is never being satisfied. And always working to be better. Thithis is the new new york. E . Think again. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov will you be ready when the moment turns romantic . 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. Do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis. Melissa health care back in focus at the white house today with Vice President mike pence meeting today with female Small Business owners. Im joined for reaction by Small Business administrator Linda Mcmahon who was in the room. Thank you so much for joining us. Let me ask you because we all know Small Businesses, i think we all know are being overly burdened or struggling what is going on with health care as some americans are. What are the specific things they say to you, if you could do onor two things
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