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That this mornings slow moving funeral precession through the streets of louisville pushed back the start. Again, its one hour late already, but we have champions like mike tyson, luis on hand while alis family, president bill clinton, comedian billie crystal, all eulogize the man known as the louisville lip. Well take you live to kfc in kentucky when that happens. Look at those crowds. We should also tell you its a major news hour on the campaign trail. Both Hillary Clinton and donald trump playing to the base. Hillary today addressing planned parenthood and holding a meet with beth warren. One day after getting support, could this meeting be any indication of the first to a Clinton Warren ticket . The hightech billionaire who says if that happens hillary will neither get his money nor his vote. That to donald trump pitching to evangelicals at the Freedom Coalition conference just minutes ago. Weve got our reporters in the field and the Political Panel on the case ready to role. Plus a News Conference just now wrapping up were told in that dramatic shooting at the airport in dallas, texas. The u. S. Is about to change your internet. And the markets spasming, charlie about to break on which billionaire hedge funders have made the worst wrong way. Were less than an hour away to the closing bell lets start the countdown. Liz breaking news, folks, we need to tell you that if theres one thing to watch right now, its the markets and perhaps your money, its the tenyear treasury yield. This is what youre looking at is a plunge to the 16month lows that we havent seen in four months. Here we go. Weve got the yield at 1. 63 , we should tell you that yesterday was at 1. 67. When yields died, that means theres fear in the market, this is a pure play fear flight as the final hour trade particulars down. Weve got the do you think industrials close to session lows here down 159 points to 17,825. So much for dow 18,000, which we hit just a couple of days ago. I promise you this hour is expected to be fast and furious as the bulls get shoved out of the way by the bears. Lets look at oil, though, were looking at settlement of 49. 07 the biggest drop in ten weeks. Energy is the worst performing sector of the s p 500, taking down with it petroleum, tk offshore partners, bay text energy, look at this. Losses anywhere from about nine and a quarter percent to about ten and a third percent. And it is a friday financial freak out specifically foreign banks. Take a look at banks named warren bank of scotland, all are moving down 6 . So heres what weve got. The markets woke up this morning. Look, decided it was time to panic about three things that have actually been out there, folks, so i just want to be clear about that. The three things. The fed meeting next week, the vote two weeks from now in the uk on whether britain should extricate itself from the European Union trade block and global gdp fairs meaning, oh, are we worried that gdp, output, Gross Domestic Product will start plummeting in a lot of countries . But its bond yields around the world that are cracking. This statement. If this isnt drama rolled into massive superlative, i dont know what it is. Janice capital tweeting out global yields lowest in 500 years of recorded history. Ten trillion dollars of negative rate bonds, this is a supernova that will explode one day. In fact, look, we wanted to put this together for you. You may not own german boons or uk guilts, which is a bond in the united kingdom, but they are dropping precipitatesly. Dropping 42 , about to go negative, the twoyear bond going back to the early 90s and of course the tenyear japanese yields are already negative. Folks, that means people are paying the government to hold their money just for the promise of getting some of it back. Lets bring in somebody who knows all about this. Jennifer, Bank Wealth Management ahead of fixed income on the strategies and dangerous. Low yields weve got traders at the ny se as well. Why today . Why did the markets wake up and decide that they were suddenly worried about things that here on countdown to the closing bell we have warned people about, john . We have not seen this risk off trade in a while. Especially on a friday. You point out those three points. Fomc, and global gdp. Those fears have been in our market. Theyll continue to be here. But it seems like today as we head into this weekend here and as we get into the end of the month, as we get into the end of the quarter, its really starting to pickets head up now. What we have on the calendar next week is really coming to the forefront and investors now, now feel that the marketments of moved up for no strong reason and there is a catalyst thats going to move us to the upside rather than the down sued. Liz so down 157, again, anything could happen in this hour but jennifer, this is your realm of expertise. To see the german remember germany am has been a very solid nation when youre looking at the aggregate of some of the drama that weve seen out of greece and portugal and italy. What should we say to a u. S. Investor who holds none of these bonds . Well, essentially for u. S. Investors that theyre not holding the debt, there isnt a direct risk to u. S. Investors if theyre not holding the debt. The debt is more to or the risk is more to the u. S. Side of the equation and what its doing to our bond market. You mentioned earlier how low the tenyear has gone already. It also puts some pressure on the fed too. The fed was on this path of policy normalization. So when you have these escalated fears of potential risk, that puts some tightening of financial conditions into our marketplace and actually makes the for policy normalization a bit more difficult for the fed. So i think its the accelerated as we move closer to the vote, for the vote, youre seeing higher and higher numbers of those in favor of it. And i think thats a lot of the national for a lot of the larger moves weve seen in the domestic bond market. Liz yeah, i look at this, and i thought i woke up today and i thought now, this is strange. To see the bond in germany, the tenyear start to look like its about to go negative. Jeff grossman to you, oil today has suddenly pulled back. And when we look at whats happened to oil, down about 2. 6 earlier, but we get the rig count, last week it climbed by nine rigs meaning they started them back up thinking things are okay and then we added another three today. Did we not, jeff . So as we look at oil in the aftermarket session, im seeing it fall 3 . Again, this is a bad day. Theres no question about it. Were got an argue that. And then, again, its in line with the stock market centering trouble here too. But now lets look at it from a Bigger Picture here. If you look at it from a technical standpoint, we just retraced. Anything under 48. 5 it starts to get dicey on the downside. Now, with this rig count, i dont look at it as a very big negative yet. What this is showing me is some of the players want to get back in because theyre confident that the market will work its way a little bit higher here. I think this market still has loom on the upside as they said in the past. I dont see huge numbers to the upside. But, again, the mid50s or something that i think were going to see possibly by the end of this month. So dont, you know, get panicky yet. This is a normal technical move that we saw. The rig count, again, i think is a minimal thing and show staff confidence in the market on the upside. Liz okay. So, jennifer, if im looking at these pathetic bond yields, why put money in treasuries . Financials happened to just flipped. Its one of the better performing sectors right now. But some of these actually pay out betteryearolds than the tenyear yield. Shouldnt that be going with stocks federal yield and just wait for the market to find better footing . Well, thats one time of concerns that many Central Banks have about negative about is rate policies. Is it a dry Consumer Behavior into riskier estates seveneighths that may or mate may not be appropriate for them. So thats one of the primary concerns. That and bank earnings. You know, if banks are struggling to charge no deposits, thats going to hurt bank earnings. And if you do that while youre seeing you mentioned earlier some of the european banks having pretty significant drops in price today. That would be one of the rationals behind that is that that pressure on earnings for Financial Institutions in the euro zone. Liz jennifer, john, jeff, thank you on this friday. And it is a busy friday, folks, just a second ago down 160 points, the session down 172. Wall street week tonight 8 00 p. M. Eastern. No doubt they are going to be tackling a lot of the issues that have suddenly brought us to this kind of freaky friday. And then stick around for stossel 9 00 p. M. Eastern. Immediately following wall street week. We need to go back to kentucky right now at this moment. Memorial service is beginning for boxing legend muhammad ali at the kfc center in his hometown of louisville that he passed away a week ago at the age of 74 in scottsdale, arizona. Now, this Memorial Service, we want to prepare you for this. It follows a precession in louisville that was attended by thousands and thousands of fans. Widely known quote as the greatest in the peoples champion muhammad ali listen, a total and utter original. Youve got to really look at him if you didnt like him, if you loved him, one thing for sure, a total original. He retired at the age of 39 with 56 wins, five losses, 37 knockouts. Ali was a three time heavy weight champ. A gold medal winner at the 1960 summer olympics and was inducted into the International Boxing hall of fame. Sports illustrated declared muhammad ali sportsman not of the year, not of the decade, of the century. He was awarded the president ial medal of freedom as well as the president ial citizens medal. At this moment, what were doing is were waiting to hear from actor and friend of ali billie crystal as well as former president bill clinton who will both be speaking about alis life. We will bring you their speeches live as soon as we begin. And just for a little color here, billie crystal became friends with muhammad ali because he was widely known as being able to do the best impression of muhammad ali. So they became friends in that regard. Thats absolutely going to be a great speech. Well get it to you the second billie crystal takes the stage. About 49 minutes away, the dow industrials down 161 points. 17,823. A loss of just under 1 . My goodness, the tax business has been a Good Business for h r block this year. The tax preparer posting better than if we could Quarterly Earnings and guess what . Speaking of dividends, boosting it to 22 cents a share. Hrb jumping nearly 13 right now. Up next, the president ial race down to two. We know that. But donald trump and Hillary Clinton are both in dc right now making appeals to true believers on opposite ends of the political spectrum. Team fox business covering beyond that. 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I am ready to put hep c behind me. I am ready to be cured. Are you ready . Ask your hep c specialist if harvoni is right for you. [so i use quickbooks and run mye entire business from the cloud. I keep an eye on sales and expenses from anywhere. Even down here in the dark i can still see were having a great month. And celebrate accordingly. I run on quickbooks. Thats how i own it. Premium like clockwork. Month after month. Year after year. Then one night, you hydroplane into a ditch. Yeah. Surprise. Your Insurance Company tells you to pay up again. Why pay for insurance if you have to pay even more for using it . If you have Liberty Mutual deductible fund™, you could pay no deductible at all. Sign up to immediately lower your deductible by 100. And keep lowering it 100 annually, until its gone. Then continue to earn that 100 every year. Theres no limit to how much you can earn and this savings applies to every vehicle on your policy. Call to learn more. Switch to Liberty Mutual and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Liz well, now, this is interesting. Instead of going for undecideds, both donald trump and Hillary Clinton rushing to their base today. Both presumptive nominees speaking at high noon. The billionaire businessman appearing to the evangelical voters at the faith and Freedom Coalition conference while the former secretary of state spoke to crowds at the planned action fund. We have blake burman in washington d. C. And peter barns keeping a close eye on Hillary Clintons movements. But first to you, blake. Arguably evangelicals are a group that definitely mattered during the early primaries. What did donald trump gain by speaking to them again . Well, liz, this was a group the faith and Freedom Coalition led by ralph reed that donald trump has spoken to three different times. Today number three. He was there last year as many of the republican candidates when it was a much larger field and as the presumptive nominee on the republican side, he was back there again today. This is a base as you mentioned that has been very, very good to him. Think the latest fox news poll shows as it relates to white evangelical voters, hes got it locked up at a three to one count, 63 to 21 over Hillary Clinton. It was very interesting, liz, in this speech donald trump used the teleprompter. He wev weaved in and out. But those speech was one time of first public appearances from trump, at least speeches after the whole judge situation for him. And in that speech, trump talked about protecting religious liberty. But went so a step further by also trying to make the case. That he and not Hillary Clinton would be the candidate best suited to take care of the needs of both africanamericans and hispanics. Here was trump from your a little while ago this afternoon on that front. Here we go. Freedom of any kind means no one should be judged by their race or their color and the color of their skin. Her education policies, her economic policies, her immigration policies, and her trade policies will plunge our poor africanamerican hispanic communities into turmoil and even worse, despair. Trump also tried to make the argument, liz, that democrats for the most part as he says run School Boards and city council and mayors and up and down the like and as he thinks relates to inner cities that its time for a change for republican leadership. I should mention before i go while trump was very much in the political arena at that faith and freedom conference, right now he is kind of in the private sector as hes here in the trump hotel, the post office doing a little bit of personal business before he heads out on a week long jaunt really all across the country with several campaign stops. Liz okay. School boards, i think there are many democratic governors. Well see. Again, its an interesting tactic hes taking, blake, thank you. And just as he appeals to that vote, Hillary Clinton since becoming the first democratic nom in any way. Peter barns. Well, liz, Hillary Clinton giving as good as shes got today from donald trump. Shes celebrating three different endorsements now that shes the president ial nominee from president obama, Vice President biden and elizabeth warren, in fact, she met with warren at the clinton home in washington d. C. Today following this endorsement. Warren is one of the most popular politicians in the Progressive Movement and could be especially helpful to clinton and attracting more of the younger liberal voters who have flocked to senator Bernie Sanders campaign. Clinton later took a victory lap at planned parenthood where you mentioned where she was in full trump attack mode. This election isnt about the same ol fight between democrats and republicans. Theyll be there. Dont worry. But this election is profoundlily different. It is about who we are as a nation. And just as donald trump was meeting yesterday with key fundraisers and contributors to his campaign, Hillary Clinton will meet in her Washington Home with her fundraisers and donors tonight. Liz. Liz yeah, again, both sides, i dont know what she gains. But, again, one could argue shes not as strong with women as people might have expected her to be at this point. Peter, thank you very much. And wait until you hear what billionaire mark cuban said on Varney Company with ashley today. This morning regarding both Hillary Clinton and donald trump. Our Political Panel on that and the two big bombshell reports about hillarys emails and lawsuits against donald trump, which only further underscore the unlikability of both of these candidates. So what will separate them . Simon rosenberg, ron christie coming up next. The dow is down 151 points right now i am so sorry, ms. Maroney. This personal essay is way harder than i thought, its just not in my nature to brag on myself. Not even a backdoor brag . Whats a backdoor brag . Sneaking Something Wonderful about yourself into everyday conversation, like when i tell people, i cant watch musicals cause i have perfect pitch. vo some carriers promise unlimited streaming, but then automatically shrink your videos so theyre not hd quality. Its not pretty. Really . Switch to verizon now, buy two samsung phones, and get a free samsung 50 inch smart tv, plus up to 650 back. Only on americas best network. Liz breaking news. We are coming up off the lows but still its pretty ugly. Look at the s p 500 down 22 points at 2,092. So much for that alltime high everybodys waiting for. And were looking at pretty much a very ugly market today that started overnight. Lets look at gold for a moment. If youre looking for a place where there might be an opportunity, golds pretty much a threeway. You would expect it would be a lot higher right now but only jumping half a percent. Possibly because its had a couple of weeks of a rally but were watching it ri gold standing at 1,278. Overnight it was 1,271. Certainly climbing in these final hours. On a day like this, your portfolio may take some dings. Frankly on any given day. But the billionaires making megabets from everything from oil to stocks to gold are getting what could. Charlie on the names getting slashed by the bears right now. Well, i mean if you look at the news we hear a lot about bill ackman of persian Square Capital taking it on the chin just about every day, and it may be worse because he was long valiant, he is the biggest shareholder for valiant. Was big behind the company. A former supporter of the ceo. And the business model, which is shedding assets as weve been reporting. And hes short herbal life, which is the stock is up like 110 since he went into that short position, and it could even go higher if they have a favorable ruling from the f tc on their pyramid scheme investigation because its a multilevel marketing firm. If its positive, shares of herbal life are going to go up. Thats going to crush him more. But if you look at other guys, theyre down almost as much as him. And we should point out a couple. I think we have a chart here of whats going on. Liz yeah, he had two specific stock stories but some of these guys are heavy into sectors. We should point out dan not doing very well right now. David einhorn also not doing very well right now. And if you look at some those are hedge fund guys. If you look at whats going on in private equity, theres third point capital. Dan lobe i should say i know both of these gentlemen, both very good guys. Whats good about dan, he supports a Charter School movement in new york city. So just throw that out there. Thats a good thing. But, you know, they do very heavy sector bets. And if you look at private equity, getting crushed as well. Steve schwartzman, blackstone also down. These all the and heres where it gets really interesting for you to the average investor. Do you need to put your money with a professional investor . Is it worth it . Now, for rich people, you pay 20, you pay two and 20. Liz yeah, two and 20. 2 up front as a Management Fee and 20 poster profits. If youre not that rich and you still go to a broker, you still have to most of them charge. Liz 1 , 1. 5 . Is it easier just in this market to buy indexes . And im telling you that i have a lot of friends who are brokers who are throwing stuff at their tv set at Merrill Lynch right now as theyre listening to me saying this. But the Value Proposition for any sort of professional advice given how much it costs and what the markets going and very limited. Liz which is what buffett would say. But george, for example, suddenly worded that hes jumping back in and buying billing. Remember he runs a family office. And you cant get into his fund. His his personal wealth and the good thing about hedge funds, they can do Something Like this. But its a little bit different. These other hedge funds are distributed through retail channels, through stuff like Anthony Scaramucci which is a fund of fund, which gives you access to this stuff. An interesting dynamic. I mean its actually a good debate between, you know, we should maybe me, you, and anthony should hash it out one day. Active versus liz passive. Or do your own. Do your own. And i think thats a worthy debate. Im telling you that the money just as you the average investor when you look at some of these numbers, it underscores the fact might not be worth it at this point. But make your own decision, and we will talk. We should pivot real fast to bear. All the trump news we cover around here, this might get lost. But every now and then, i break the story about markets. And the other day. Liz always right here on countdown, ladies and gentlemen. Countdown on the closing bell. We broke an interesting story about the private meeting that the ceo of bear, warner or whatever his name is. Hes german. Liz great. Warner. But anyway mr. Warner, lets ask the producers to get the name. Because i forgot. Liz bowman. Much easier than gasparino. Okay. Lets just let me finish this. Okay . Anyway mr. Bowman gave a private meeting to investors and analysts in berlin at a conference where he essentially said that hes still talking with santo about their bids, 62 a share bid, 122, 60 billiondollar bid. And they still havent basically agreed on it. Theres the sticking point, which is price, we should point out two days ago. Low and behold the journal me out with a story day which says he sent a lter basically confirming that. We reported it a couple of days ago to mon santos so heres the thing. Im getting this from my sources, people close to him. Bayer needs to send a higher bid if they want to stay in this thing. Look, it went off its lows since that story broke just now. So its going up but that is the bottom line. They have to, have to theyre not going to accept 122. Thats what were saying. Well see in the end, i dont 109. But still. I think that and we all should point out that mr. Bowman said in these meetings that hes limited on how much he can pay extra. But he may up it. Well see. But the journal did follow us, you know, our reporting. I know its hard to find because, you know, donald trump is saying something somewhere any minute of the day or tweeting something. Liz hey, listen, we also make time for you, charlie. Thank you. Charlie gasparino. Were looking at a closing bell about 28 minutes away. I just want to mention the volatility index. That means the fear index is jumping 17. 5 right now. Folks just b three days ago i was telling you this thing was at 14 now its at 17. Up next, donald trump. The aforementioned, donald trump and Hillary Clinton out of the gate slowly as new bombshells hit their campaigns at this hour. A criminal probe for hillarys emails and a laundry list of lawsuits that say donald trump doesnt pay up. Our Political Panel next on that. And we are going to take you back out to the muhammad ali funeral. We are waiting for comedian billie crystal and former president to the best of my memory eulogize the greatest. Countdown coming right back when a moment turns romantic why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and 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 it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis and a 200 savings card. Put under a microscope, we can see all the bacteria that still exists. Polidents unique micro clean formula works in just 3 minutes, killing 99. 99 of odor causing bacteria. For a cleaner, fresher, brighter denture every day. Im lori rothman on the floor of the New York Stock Exchange with this fox business brief. Global growth concerns right now the dow is down 132 points, the s p 500 off 21. Gawker media has filed for bankruptcy after 140 milliondollar legal battle with hulk hogan. Bankruptcy allows gawker to avoid paying hogan the money while it continues. Company now up for auction. With the matter the opening bid will be 100 million. Well, a couple of weeks ago it came out that Silicon Valley billionaire investor peter teal had been financing hogans bills to teach gawker a lesson. Shares of Urban Outfitters down about 6 here after seeing quarterly, retail segment sales so far are coming in the midsingle digit negative level. At least six brokerages cut price targets on this stock. More countdown to the closing bell straight ahead thank you. Ordering chinese food is a very predictable experience. I order b14. I get b14. No surprises. Buying business internet, on the other hand, can be a roller coaster White Knuckle thrill ride. Youre promised one speed. But do you consistently get it . You do with comcast business. Its reliable. Just like kung pao fish. Thank you, ping. Reliably fast internet starts at 59. 95 a month. Comcast business. Built for business. Liz caught on camera, this is the dramatic scene just hours ago outside the badge klain at Dallas Love Field airport. Okay. Police have now confirmed that a man was shot, had a t happened around 1 00 p. M. Eastern by an officer following a domestic disturbance between a woman and her childrens father. The father was apparently holding a rock as a weapon. As you heard in the video, nine shots were fired after the officer yelled at the man to drop the rock. The mans condition is currently unknown. Police say he was conscious when he was taken to the hospital. Dallas love field has now reopened, folks. It has now reopened. Tsa security checkpoints telling passengers to expect three hour delays and lines. Back to the campaign trail, it is quite a fiery friday right now on the trail with both the presumptive candidates. Finding themselves under attack, starting with the democrats as part of a criminal probe and to Hillary Clintons emails. We now have learned that at the center of the investigation is a series of emails between american dip manhattans about a potential drone strike or strikes in pakistan. Donald trump is feeling the fire as well on a separate issue. Court filings show that the billionaire businessman has been involved in more than 3,500 lawsuits over the past three decades. Regarding claims that mr. Trump or his companies have refused to pay up for work completed. Which candidate has the best rebound strategy . Lets bring in democratic strategist simon and republican strategist. I want to start with Hillary Clinton. Sure. Liz the email development coming at a time when both the Vice President and the president have just endorsed her, and she told fox news brett bear that she looks forward to the email scandal being put behind her. But now this. There are a series of emails involving what many would consider top secret issues about drone strikes in pakistan. These are not secure going through her server. What does she need to do . Or is there more to fall . Well, i think that what she said is correct. Which is that there is a Legal Process going on here thats looking into all of this. And i think everybody wants it to be concluded as soon as possible. Including her, by the way. I think everybody wants this done. And i think the difference, though, between the day today for her and for donald trump is that this email stuff and the fact that she kind of blew it on the emails, whatever word you want to use is baked into her stock price so to speak. People all know this. It has been heavily covered for a year now where some of the bad stuff trump has done as a businessman is not wellknown. And one of the things the democrats are doing, their Television Ads are making sure the American Public is very educated about some of these revelations about his business career, that i think are going to do significant damage to him in the months to come. Liz i would argue, ron, simon, weve heard a lot about lawsuits in the past, vendors who havent been paid, donald trump coming back and saying, yeah, you know what . That guy did shotty work. But some of them look like strong arm tactics. Now you have articles in the wall street journal, usa today about that. Both of these candidates are facing very, very ugly theyre not really revelations. Weve heard about them. But its that water torture, more and more. Piled on. And were going to get water torture between now and november. I mean youre looking at two candidates who are so deeply unpopular. Ever since 1984 we have seen a field this divided. I go back to what youre saying about Hillary Clintons email, if that were me, i worked in the white house for four years. I had a secured clearance. If i had done what she had done, i would in jail. Hands down for violating the espionage act. You are not allowed to take secure information and put it on a insecure server, let alone to give it to her aide who didnt have the security clearance. That would land you or me in jail. And people look at this its just part of the conspiracy when she knew her legal obligations, and she did not follow them. Liz we show the unlikability numbers, and they consistently bad for both of these candidates, simon. So. Yeah. Liz how does a candidate get ahead here . You know, Hillary Clintons at 56 unfavorable, donald trump at 58 unfavorable. Yeah. Two quick points. One is that i think what youve seen in the last few weeks if you look at the rasmuson poll that you just came out and the fox news poll that just came out, each of them showed fairly Dramatic Movement toward Hillary Clinton just in the last few weeks putting them up now up three or four points. Liz isnt that still within the margin of error . It is but its before our party is consolidated. And in the next two weeks, i suspect shes going to get a bump. Another two, three, four points on top of where she already is; right . Putting her up five or six points and i think definitively ahead in the race; right . This is my prediction. I think hillary given her policy knowledge, the years shes been in the business, the fact shes given two substantive speeches, its going to be far easier for hadtory develop a positive, uplifting narrative about her campaign than its going to be for trump. And thats why i think its going to be easier for her to break out of this current brass that were in over the next few months. Liz as a business network, we listen la to business people, smart billionaires, smart people who have done well in business. Mark cuban is one of them. Mark cuban was on Varney Company with ashley webster, we encourage you to go on foxbusiness. Com and look at it. But specifically he was asked about Vice President ial candidates, elizabeth warren, Hillary Clinton has not said anything like that. But whoever either of these people pick, cuban said theyve got to not be at the fringes. Listen to what he said. Need to be more center i mean, you know, this country needs solutions; right . We dont need headline porn. We dont need people talking about, you know, playing to progressives; right . Playing to conservatives. The more we deal with labels than solutions, the bigger our. Liz ron christie, what does donald trump do for a vp . I think he has to pick a governor or someone with substantial government experience. Someone who knows how washington works and someone who people trust and respect. Liz and somebody who will take the job. Is that john kasich . And i have to tell you having worked for kasich for seven and a half years, i dont see governor kasich working well with a guy like donald trump. I dont see it. Liz i dont see it either. And a choice for hillary like what mark cuban talked about. Listen, i think shes got a lot of good options, tim cane, warren booker, castro, theres a longer list. I think these choices are very personal. I was very close to Joe Lieberman in 2000 when he got picked by al gore and the only person who voted was gore himself because they had a good relationship. I think hillary its going to be the most important decision she makes before the convention, and i think its going to be somebody she feels very comfortable with. Liz simon, ron, great to have you on this friday. Thank you. Liz lots to talk about in the future, and well have you both back. Closing bell 15 minutes away, the u. S. Delivering on its promise of a Free Internet for all. For many years. But will the Obama Administrations latest Goodwill Move lead the World Wide Web even more vulnerable to terrorists than the globes worst rogue government . We put jeff flock on the case. And the greatest laid to rest. Were watching the Memorial Service right now in louisville, kentucky for muhammad ali. We will take you there live when billie crystal, the famed actor and comedian along with former president bill clinton takes the stage. Countdown to the closing bell coming right back. The dow down 125 points approaching medicare eligibility . You may think you can put off checking out your Medicare Options until youre sixtyfive, but now is a good time to get the ball rolling. Keep in mind, medicare only covers about eighty percent of part b medical costs. The rest is up to you. Thats where aarp Medicare Supplement insurance plans insured by unitedhealthcare Insurance Company come in. Like all standardized Medicare Supplement insurance plans, they could help pay some of what medicare doesnt, saving you in outofpocket medical costs. Youve learned that taking informed steps along the way really makes a difference later. Thats what it means to go long™. Call now and request this free decision guide. Its full of information on medicare and the range of aarp Medicare Supplement plans to choose from based on your needs and budget. All plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. Unitedhealthcare Insurance Company has over thirty Years Experience and the commitment to roll along with you, keeping you on course. So call now and discover how an aarp Medicare Supplement plan could go long™ for you. These are the only medare supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. Remember, medicare doesnt cover everything. The rest is up to you. Call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. Go long™. Liz folks, weve got some breaking news here. We have just in the last about 49 minutes trimmed about 60 points off the lows. Still were down triple digits. Down 112. But an attempted come back at this hour. Let me take it to the New York Stock Exchange because lori rothman has been talking to the traders and has the latest on why this is happening. First thing first, liz, the overwhelming theme here is this concern about global growth, the gdp came in disappointing, global bond are way down. In fact, here in the u. S. The benchmark tenyear yield down four consecutive days. I believe thats the lowest level on the tenyear yield this year. I would have to doublecheck that. But we have this survey or so about an hour done by an independent newspaper showing about 55 in the uk are in favor. As you know that referendum comes out. So in reaction to that survey, we saw the pound drop sharply. It flows right into the u. S. Dollar, so you have a risk off the u. S. Stronger dollar, stronger treasuries mean sell on of for u. S. Stocks. Liz okay. Thank you. So, again, these polls keep coming out at the end of the market day and the one that lori just referenced indicates that the group is now growing, calling for the exit of the uk from the European Union. What do we see here now . The dow is down 112, had been down 172. Lets get to this. Its a move that has republican lawmakers fighting tooth and nail. The Obama Administration getting behind a plan that would have the u. S. Government pretty much relinquish its last control over the internet. Now, supporters say it reflects the fulfillment of a longstanding promise by the u. S. To keep the web so called open place where no single government or corporation can influence how the internet evolves. So what does this new effort mean . Let me get to jeff flock, fox business, and the potential dangers here, jeff. Most people that use the internet dont do it in the u. S. And the u. S. Government as you point out, liz, has for a long time promised that it will transition to a more nongovernmental control of the internet. The last vestige of u. S. Control, because u. S. Gave up control of the internet in the 97, control over domain names, dotcom, do the whatever it is. Ted cruz announcing legislation that would block the government from transitioning away from its control. John culverson, though, has put in a provision that would defund the government from doing this. But the Obama Administration is ignoring it. Listen to what he said. The internet has to remain under the control. The domain names, the ip addresses, the root domains, that needs to stay under the auspices of the federal government. Thats why i made sure to put this prohibition in the appropriations bill last year, none of our hard earned tax dollars can be spent to surrender control of the internet. And as chairman of the sub committee, charles, i have the ability to enforce that law aggressively. And i am doing so. I have already notified the department of commerce that i as chairman will not permit them to surrender control of internet, its against the law, and i will enforce it as chairman. But at this point theyre going through with it, liz, and some people say its a problem, much in the internet community. Say weve already given up most control already, its no big deal. Reasonable minds disagreeing. Liz thank you very much, jeff flock. Were going to be right back. Well check in on the ali Funeral Services and the markets. The dow is down 115 we were born 100 years ago into a new american century. Born with a hunger to fly and a passion to build something better. And what an amazing time its been, decade after decade of innovation,. Igher, together. In new york state, we believe tomorrow starts today. All across the state, the economy is growing, with creative new business incentives, and the lowest taxes in decades, attracting the talent and companies of tomorrow. Like in buffalo, where the largest solar gigafactory in the western hemisphere will soon energize the world. And in syracuse, where imagination is in production. Let us help grow your companys tomorrow today at business. Ny. Gov ly three minutes liz, three minutes, three minutes before the closing bell rings. Bulls dodging friday fears bears are firm in control. What does it mean for monday and your money . Does a day like derail the s p chances of breaking a record close of 2131 touched in may of last year . I want to bring in sam us approd probably eclipsing that by end of next week. I know that is couple month in. Volatile month ahead and volatile summertime. We have the conventions. We have the more traditional sell in may period. Additional reasons for investors to be worried about brexit, et cetera. Volatility usually pick up as bull markets age. Were now in the 8th year. Only one bull market lasted this long since world war ii. Liz oh, you always have the history, dont you, sam . Give us this future. What sectors should people put money . Decision and fed meeting next week might be happening . One area i like is health care. Traditionally health care does very well along with Consumer Staples and more challenging may through october period. Right now the market is trading close to 18 times 2016 estimates where health care is trading more like 16 times, a sharp discount. Area like biotech which has been beaten up most recently, trading much better growth rates expected this year and traditionally known as defensive area. Liz sam, we have 30 seconds. Are you nervous . We saw the german bond fall to record lows. Do have negative interest rates, wondering where our long term bonds likely going. Traditionally stocks do well when bonds trading below the yield on s p 500. So that is one of the few encouraging things. Liz great to see you. Sam stovall, s and p capital iq. We have this u. K. Newspaper, the independent, there is major swing toward the u. K. Exit from the your even european. [closing bell rings. David and medical list pick it up here for after the bell. David stocks paring some of their losses in last minutes of trading for the week. The dow is still down triple digits. Hi, everybody, im david asman. Melissa im Melissa Francis this is after the bell. We have you covered of this market selloff. Here is what else we for you coming up this hour. Donald trump making his pitch to evangelicals in washington as he tries to put a positive cap on a very rocky week. Hillary clinton sitting down with elizabeth warren. Will we see a clintonwarren ticket . One billionaire says if that is the case clinton wont get his money or his vote. Bringing the world together one last time. Thousands gathering in

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