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charles. let me start with this stat. even with the small gain that you re seeing on the dow, it s the first eight-week losing streak for the dow jones industrial average in 90 years. since 1932. you re correct as wells that the s&p 500 did touch the bear market territory. that was significant. bear market territory is when the index is down 20% from its highs. the selling on wall street continues as investors are worried about inflation, the consumer and a recession. the concern of course is that the fed can t tamp this inflation down quickly enough and that the consumer will just have to go without nonessentials to pay for essentials. that means that the economy will eventually take a big hit. if that doesn t do it, the flip side is that rate hikes, they re coming and they will put us into a recession as well so many investors, analysts and company ceos are pointing the finger at bidenomics, excessive spending, regulation and money printing as the causes of what put t ....
protest, guys. steve: it s 2:00 in the afternoon, thank you very much. it is 2:00 in the afternoon there. it is 8:00 in the morning here. third hour fox and friends starts right now. lawrence: fox news alert right now secretary of state blinken is meeting with israeli president after arriving in tel aviv overnight. commend you people of israel, for your moral clarity and incredible speeches. as to fate of the hostages and tragedy that has fallen on our people and of course as to inherent right of the israelis to defend themselves. it is good to be back in israel. these are difficult days, but we re here in solidarity with israel. brian: earlier he met with prime minister netanyahu. blinken will hold his own press conference soon, it will be big, we will carry that live as it comes. he visits as biden administration pushing for a pa pause, they say to get humanitarian aid in and it is already in and hostages out, when has that worked? steve: all about pol ....
We were with texas dps as they pull over a human smuggler. illegals bail and run on foot trying to evade troopers. the driver stayed in the vehicle as did some adult men hiding in the back of the pickup. they decided it wasn t worth it to run. the driver was a u.s. citizen from florida. sometimes they will come down here recruited on seeshl media social media. we witnessed a group of 167 migrants cross at the same time. almost all of them single adults, this sector has gotten overrun with crossings in 24 hours. the del rio sector saw more than 1,800 illegals many from cuba, columbia, venezuela and peru. take a look at this group. same group looking at the bigger picture. ....
Don t know if understanding that a republican has held this seat. you can call this a success at one point. the phenomenal issue of this campaign is something to be noted. before we take a break and just kind of take a breath and reprioritize our meeting and aa rkts something else that hasn t happened are in the regular coffee mug which is a depression. when you associated prets here in this country. this is being disseminated on seeshl media where this is a plan to see them, steven hawking has died at the age of 76. ....
We re following this as new developments arrive. we re standing outside the courthouse waiting for him any moment. just to clarify, i want to make sure we re all on the same page here. pete williams did not say he had been arrested. we think that it may happen today. but at this point nbc news is not reporting whether he d been arrested yet. now to the very latest on national security. and the process that allows foreigners into this country. the u.s. government has launched a new review of the k-1 visa category. that s known as the fiance visa. the program came under scrutiny following the san bernardino attack because shooter tashfeen malik was allowed into the u.s. on a k-1 visa. she was also on seeshl media. but fbi director james comey has said there s no evidence of public postings that might have raised any red flags. the visa screening process does not include a formal check of applicants social media accounts, such a policy was considered several years ago. ....