Youre looking at live pictures inside the Theodore Gibson center on the kendall campus of miamidade. Why is this significant . Because al gore is making his firstever Campaign Appearance with Hillary Clinton. Were going to take you there live as soon as the two appear. Meanwhile, after two morning fundraisers in the lone star state, mr. Trump is also headed to florida for a rally this evening. It comes on a day where fox news has just changed its projections on the race in that battleground state of florida. Mercedes schlapp dives into these developments and more. Plus, samsung was hoping its highend galaxy note 7 would light9 the world on fire . Unfortunately, it did. Youre looking at pictures of what happened to many of those phones. The company now killing production overall. Is samsungs pain not just apples, but googles gain . Wereless than an hour to the closing bell, folks. Weve got a lot of breaking news here, stay with me. Lets start the countdown. Liz so as you look at the Dow Jones Industrials in the bottom of the corner here, the market bears have been in full control the entire session, but just moments ago they took it a step further, squeezing their claws around stocks which are awfully close to session lows with just about 58 minute toss go before the closing bell rings. Its Health Care Stocks thats really giving the market a big black eye. Health care is the worst performing sector in the s p 500 with all but one of the 59 Health Care Stocks in that Group Trading lower at this hour. Now, take a look at ill lumina. Look at this, its tumbling 25 after the maker of diagnostic testing equipment cut its Third Quarter revenue forecast for a second time. Its bad enough the first time. Theyre currently the biggest loser in the s p 500. Following closely, alcoa. I mentioned it came out with earnings, now down 11 standing at 28. 01. In the last hour of trade, were watching this closely because it is on track for the worst drop in five years. Alcoas an aluminum giant, but they do a lot of other stuff now. They tried to exit much of the aluminum business because it was so complicated. It posted results that missed analyst estimates, widely considered to be sort of a scene setter for a Third Quarter earnings season, so its casting quite a gray cloud over the start of earnings season. So well leave you with this one, the dow component that has been desperate to hold onto gains, at the moment its Still Holding onto 39 p cents in gains here, its apple. Trading at its highest level of 2016 on the news of samsungs announcement that it has officially had to end all production of its galaxy note 7 due to spontaneous combustion. Coming up, were going to tellyo make off samsungs nightmare. Theres some new numbers here you need to see. So we have florida, we have samsung, the markets, team fox business spreading out, fanning out an owl these stories all these stories. We have adam shapiro at the clinton gore event, jeff flock at an at t store in chicago, and Ashley Webster or live from the floor of the new york stock exchange. Thats where i do want to go first, ashley. Reporter yeah. Liz you know, specifically, we were talking about how bad the russell is looking. I wanted to show people, its down 25 points. It is the biggest percentage loser of all the a major indices, down two full percentage points. This is a mess today. Reporter it is a mess, and it is pretty broadly heading lower on most of the markets, liz. You mentioned the russell off 2 , the nasdaq just yesterday were talking about can it finish in record high territory. Well, today the bottom has fallen out just a little bit, off nearly 2 , down990 points on the 90 points on the nasdaq. Take a look at some of the big tech stock names you know. Here we are, netflix down nearly 3 , yahoo , same story. Ebay down 2, microsoft also down 1. 75 . Lets take a look at oil. Oil finishing, closing down some 56 cents at 50. 79, thats afterhours trade. We had a report out of paris from the International Energy agency there saying that, look, supplies are starting to rise again. We also heard from a russian oil official, a big boss saying i dont care what opecs going to do, im not going to freeze or even cap production. That has also helped to put pressure are, downward pressure on oil,. Liz liz yeah. When they say forget it, i dont care what anybody says, until somebody shows up at his door at midnight sent by putin [laughter] reporter you always answer the door too. Liz and, folks, we really try, ashley, lori rothman and i always try to get people to understand that opec is highly unreliable as are the russians. Right now its oil thats alsoen continuing the pileon for the markets. Well go back to ashley if there are any new legs down with the markets. Now lets get to politics and the ageold Bumper Sticker with a newtist. Bill clinton twist. Bill clinton and al gore were considered highly successful campaigners, winning two president ial races. Hillary clinton hoping a newer clinton gore teamup in florida might bring similar magic. The former secretary of state is set to speak any moment now in miami, florida as we mentioned, the miamidade college. Secretary Clinton Campaigning for the very first time with al gore who, of course, served in the white house under president bill clinton from 19962001. The focus of todays rally is the issue of climate change. Meanwhile, republican president ial nominee donald trump poised to Campaign Later this evening in panama city beach, florida. So why are both candidates picking florida today . Well, its quite possible the spire president ial race entire president ial race could hinge on the sunshine state. Little History Lesson for the viewers. The state of florida greatly impacted the 2000 president ial election. The problem of the socalled dimpled and hanging chads, remember that . Problems with the voter and those actual ballots that kept the nation on edge after al gore won the popular vote but lost in the Electoral College to president george w. Bush. So just hours ago fox news announced it has shifted florida and its 29 electoral votes into the leandemocrat category along with nevada. That puts Hillary Clinton over the 270 electoral votes needed to clinch the presidency. Fox business adam shapiro standing by in miami, florida, at the clinton gore rally with more on why florida matters so much in 2016 is. You know that state well, adam, it does matter. Reporter it does matter. 29 Electoral College votes, as you pointed out. This was the center of the 2000 election which decided when the u. S. Supreme court, if we can take a look at some of the video of thenVice President al gore who was campaigning against george bush, but it was the Supreme Court that actually stopped the recount in florida, giving the election to mr. Bush who, when the recount was stopped, was leading by 537 votes. Florida is key, and both candidates know it, anthey intend to be here heavily over the next roughly 27 days leading up to the election. But its because florida is not only a key state, it is considered a swing state, although fox news says as of right now florida is leaning democrat. But it has been leaning democrat in the past and come back to the center and then possibly leaped republican. The leaned republican. The other issue for donald trump is that florida, as a key state, no republican has won the presidency without winning florida since Calvin Coolidge going all the way back to roughly 1924. So the issue for Hillary Clinton is to turn out the vote, and she faces a hurdle in some respects. According to pew research, if you go back to about 2006, there are 400,000 fewer white democrats than there were today than there were then. There are, however, more hispanic democrats. So everything is shift anything florida. Liz . Liz oh, boy, sure is. Adam, thank you very much. We just want to remind people as soon as al gore and Hillary Clinton come out, we will definitely bring that to you. Weve got more news on donald trump ask some tweets hes been sending out. Well get to that in a moment. In the meantime, we have to get to these numbers that we have, we now have some more numbers on the Samsung Phone thats now off the market and out of production. The problem with the galaxy note 7 is projected to be a 17 billion loss for samsung as the smartphone and electronics titan decides to the scrap the phone entirely. The decision, of course, as weve been telling you came after a blood of reports claiming that flood of reports a claiming that the phones were overheating, in some cases melting and catching fire. Some were banned by airlines. For samsung, this is the culmination of a drawnout drama over the note 7. Take a look at the stock over the last month. With shares nose diving over the past week, samsung, of course, trades in korea, but its very thinly traded here in the u. S. Now, take a look at how Telecom Giants who have had to either pull these off the shelves or just decided not to sell them are being affected. Sprint and at t moving slightly higher, verizon and tmobile down. In the meantime, rival apple . Not complaining at all about the disappearance of the note 7. A new report suggests and heres another number that apple could stand to sell an additional 1415 million iphone 7s now that the new essam sung model is no longer newest samsung model is no longer standing in its way. To jeff flock in evanston, illinois, with the latest on the plans and the impact, jeff, on the smartphone industry at large. Its a big deal. Reporter oh, it is a big deal and, you know, i get from people out here though a little bit more beamusement almost and making fun than anger. I dont get a lot of anger out on the street here. In fact, one person said jokingly they think that the galaxy note 7 is to samsung as donald trump is to the Republican Party. Maybe a couple of dumpster fires there. But the fact is that its huge for samsung because they are the nations and the Worlds Largest smartphone maker. Take a look at these numbers in addition to the ones you quoted, liz. 19 million phones of the galaxy note 7, thats what they thought they were going to sell, 19 million worldwide. That would have been 17 billion in revenue that now is lost. Their market cap lost 8 just in the last session, and they do not have a new phone coming out which would be the note 8 until next year, and some people think thats why they ditched this one, because they dont want to muddy those two things together. Who can does this help . Well, you mentioned apple. Certainly, that helps apple, but it also may help google because you know theyve got, liz as you know, this new pixel phone coming out in just about a week or ten days. Thatll be on the market. So that could be a big beneficiary of this as well. Samsung, though, big loser. Liz . Liz yeah. Its, its tough, but maybe they just should have pulled everything. They were asking people to sol aren tearily bring back the phones. That only, you know, extends the pain there. So now its done, no more well see how long it takes before those things show up on ebay. Dont use em. Dont use them. Reporter you dont want to be compared with the ford to pinto in the any way. Liz thats harsh. You had to bring it up. Reporter sorry. Im sorry. [laughter] liz we appreciate it. 48 minutes before the closing bell rings. Tough day on the markets. We already told you apples the one green standout there. Look at the bottom, its merck thats dragging the 0 on the dow lower 30, falling along with the rest of the health care sector. Look at rent a center, it may be looking for new potions because the magic is definitely not happening there. Right, thats their theme. The renttoown furniture and Equipment Company saying its Third Quarter samestore sales will be down 12 . What are they blaming it on . A new Cash Register system for the drop in sale asks profit. Profit will be flat for the quarter. Rcii already down 14 , getting hammered today, down 28. 5 . Hurricane matthew still wreaking havoc in North Carolina. Rescue operations still going on as the death toll rises along with the record flood levels. Yes, the death toll still rising here in the u. S. Were going to have a live report or the few you from one of the worsthit areas of the tarheel state. Thats next on countdown. The dow down 231 points. As a combination of see products. And customers. Every ontime arrival is backed by thousands of od employees,. Who make sure the millions of products we ship arrive without damages. Because od employees treat customer service. Li forort you from one of the keep promises. Is it a professor who never stops being a student . Is it a caregiver determined to take care of her own . Or is it a lifetime of work that blazes the path to your passions . Your personal success takes a Financial Partner who values it as much as you do. Learn more at tiaa. Org 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. Liz this is unbelievable. In a rare turn of events postHurricane Matthew, it appears, folks, that the hurricane is being blamed for having accelerated an alreadyexisting cholera epidemic. Twelve people have died from cholera since matthew hit. The World Health Organization is on the case. It has now sent a million cholera vaccine doses to haiti while the United Nations is launching an emergency appeal for nearly the 0 million in 120 million in aid to help those suffering. Now, Hurricane Matthew slammed into haiti one week ago, yet many areas of the devastated nation are still without any help at all, and the death toll there rise ares to more than 1,000 people. Meanwhile, here in the u. S. The death toll is still rising as well along with the flood waters. To North Carolina, the death toll in the tarheel state up to 14. Three people still missing, in total 27 people have died in the u. S. As a result of Hurricane Matthew. And and earlier North Carolina governor pat mccrory warned of, quote, extremely dangerous conditions. Believe it or not, over the next 72 hours. You thought this thing was in the Rearview Mirror . No, it is not. In the central and eastern parts of the state, the threat is still there. Specifically, the town of lumberton. Thats located 70 miles inland in North Carolina. Its still submerged. Look at these pictures. Thats under flood water, more than 2,000 people have had to be rescued. Steve harrigan is in lumberton. How are the rescue efforts going on . Reporter liz, you can actually see some of it going on to my right here now. Weve seen some rescuers coming in, theyve just brought water out to some Public Housing units that are surrounded by about 3 or 4 feet of water. Weve talked to people who have come out of those units who havent electricity or water for two days. Its really the only way to get around here right now in lumberton. Things are so bad, you have to have boats. So weve been seeing them all morning long rescuing people, three or four at a time, bringing them out. Some of the people pretty visibly shaken from what theyve been through, some in wheelchairs, some holding pets, Others Holding bags of belongings, so a real tough ride here. Many people thinking the storm is over but its actually, as you said, getting worse here in North Carolina. Thats because the storm dumped 15 inches of rain in parts of this state. That means weve got three rivers at record levels, and some of those levels will still be cresting as of friday. So we could have a couple more rough days ahead despite the sunshine with heavy, high water here many North Carolina, liz. Liz this is unbelievable. Now, were showing some buildings that are submerged. I was wondering, steve, if your photographer can pan back over your Left Shoulder so that we can see some of those first p responders and those rescuers sorry, your right shoulder. Reporter sure. Show the First Responders. A lot of these First Responders have been from pennsylvania, so theyve actually come from around the country to help out. Liz wow. They have some rafts, some have metal boats, sometimes theyre using oars to get around. The interesting thing is initially when this all started, they were finding out where people needed help by phone calls or social media. Some of the people now have been out of electricity for so long, that options gone. So weve seen rescuers going from house to house in their boats shouting, trying to see if anyone needed help. Liz good hearted people. Steve, thank you very much. Amazing pictures of live rescues going on right now even just getting people fresh water. Its a huge problem right now in the carolinas. The closing bell ringing in exactly 39 minutes. As we mentioned, we are awaiting Hillary Clinton at any moment, shes about to take the stage for the first time with former Vice President al gore in miami for this election cycle. It is their first time campaigning together ever and, you know, he waited til july to endorse Hillary Clinton. So were watching for that. If the news wasnt bad enough for samsung today, well, it made its case to the Supreme Court over the millions it owes apple for copying certain aspects of the iphone. Peter barnes is outside the Supreme Court. Hes going to tell us how the justices are reacting to samsungs argument. Thats live from the Supreme Court next on countdown. You can run an errand. music playing push it real good. announcer vo or you can take a joyride. Bye bye, errands, we sing out loud here. Siriusxm. Road happy. announcer vo you can commute. man on radio . 40 no flags on the play cheering announcer vo or you can chest bump. Yo commute, we got serious game. Siriusxm. Road happy. Liz apple samsung showdown arrived on the steps of Supreme Court. The two giants fight it out over epic patent fight. The judges will have to decide how much samsung owns apple on infringed patents of iphone and design. Explain to our viewers which part of thes design are in question and how the opening arguments went. Reporter this is fight over three Design Patents on the iphone, liz. One is kind of the frame of the iphone. Two is the surface of it. And the third thing is, the actual Screen Design with a grid that has all of the icons in it. And today, at the court, this lawsuit started by the way in 2011, because, apple said that samsung had stolen these features that were patented and used them in its Samsung Phones. Apple ended up winning that case, when it came to damages and how much it should get paid, apple asked the court to strictly interpret the patent law which reads as follow. The patent infringer must pay total profits, quote, unquote, on the article of manufacture. And it turns out to the court the article of manufacture was the entire phone. So, samsung ended up paying, had sold 10 million of its phones with some these features and ended up having to half a billion dollars to apple. It appealed that ruling. Appellate court said no. Samsung went all the way to the Supreme Court. It asked the court for a different interpretation of the patent law. It says the article of manufacture is actually the individual components of the iphone. In fact all these patents were for the individual components, not for the whole phone itself. The justices seemed to struggle a bit with that theyre saying, how do we get profit out of a component . That is a little difficult. Apple says these penalties are high for a reason and let a jury decide what the article of manufacture is and the profits and damages. Liz . Liz patents are funny thing. Really are. Reporter yeah. Liz very specific. Well see what the damages are. Well see, thank you very much. Peter barnes live from the Supreme Court steps. Reporter you bet. 32 minutes away. When you see the dow losing 207 points. Please remember we were down 267. The s p down 27. Had been lower by 34. Coming up off the floor, slightly. Wells Fargo Management out with a new strategy to help the Embattled Bank move past the phony account scandal but should ceo john stumpf watch his back . Is that part of new plan . More of management shake up. Charlie is breaking that. Were waiting Hillary Clinton to take the stage with former Vice President al gore. That is miamidade college. The stakes could not be any higher in florida, 29 electoral votes. Mercedes schlapp and chris at this setzer who is closer to taking the Battle Ground state. Whether its bringing cuttingedge wifi to 35,000 fans. Or keeping a Hotels Guests connected. Businesses count on communication, and communication counts on centurylink. We asked people to write down the things they love to do most on these balloons. Travel with my daughter. Roller derby. Now give up half of em. Do i have to . This is a tough financial choice we could face when we retire. But, if we start saving even just 1 more of our annual income. We could keep doing all the things we love. Prudential. Bring your challenges. Liz let us take you live to miamidade college. This is the kendall campus, Theodore Gibson center. Hillary clinton. You see Vice President al gore appearing for first time on behalf of Hillary Clinton and her campaign. It is almost 16 years to the month that al gore face ad florida recount in that very state. Well listen in just a little bit to Hillary Clinton. Then well get in our experts here. So lets listen in. And above all we can fulfill our moral obligation to protect our planet, for our children, and our grandchildren. [shouting] now let me just say [shouting] so, lets, lets remember, lets remember liz so there apparently a heckler that you just witnessed. We dont know what is happening with that. Hillary clinton continuing her discussion at miamidade college. When al gore begins to speak well listen in to a bit what he has to say therein lies the question what does he add to Hillary Clintons campaign . Were keeping an eye on this as we bring in democratic strategist christie setzer, along with republican strategist, mercedes schlapp. We should, right after the bottom, begin with you, christie, what specifically does al gore bring to Hillary Clinton at the moment . Is there group of voters . Is there somebody that she hopes he connects with that she doesnt have already . Yes. The answer is millenials. You have to remember that the one thing that, that really killed al gore in 2009, i remember it more than most because i worked on his campaign for a yearandahalf was the fact that just enough people went third party to keep the race so close between him and george bush. So he remembers quite painfully as well. Right now, millenials are not deciding between trump and clinton. Theyre deciding between clinton and third party or clinton and not voting. So he is there with one very express purpose. It is to remind millenials it is too important to not vote. It is also too important to vote third party. That is why he is there. Liz listen, were all getting older. He is 68. I need to press you here how he somehow speaks with a different voice to millenials . Yeah. Yeah, right. Well, i mean the truth is they probably know him as an important voice on climate change, more than they actually do as the guy who won the popular vote yet somehow didnt become our president. So i do think he has moral authority on issue which is incredibly important to them. One resonates with them very much and on which republicans seem completely out of touch by denying science of climate change. Liz he won nobel peace prize, an oscar. That perhaps brings in different groups of people . Sure. Liz mercedes, where do you sit, what does al gore do . Do you know being 68 is being the new millenial age . Come on. I really dont feel, not that he helps or he hurts, i view al gore as a name from the past. Yes, he does talk about climate change. I dont think there is direct connection with millenials. Bernie sanders is a much better surrogate. He is 74. Exactly. And i think he is more effective at connecting with millenials for the democratic party. I even think president obama, michelle obama, do as well. I dont know why they decided to bring in al gore. He must have been quite bored, not knowing what to do. Why not bring in another surrogate for the democrats. Liz lets talk about donald trump right now because he has been tweeting quite a bit over the past couple of hours, taking swipes at john mccain, calling john mccain foulmouthed. He is really taking aim at speaker paul ryan, speaker of the house who has said yesterday he was not going to be helping the campaign at all. He didnt disavow on donald trump. Im focusing now on down ballot. Donald trump put out this tweet, specifically calling paul ryan our weak ineffective leader. He had a bod Conference Call with a lot of republicans where members went wild at his disloyalty. Meaning he is not supporting donald trump. Regarding with donald trump said about bill clinton and affairs of women, i want to play a sound bite that happened, it was very interesting one. It was jerry falwell, jr. , who has supported and does continue to support donald trump. He was on with neil cavuto, on cavuto coast to coast earlier. Here is what he said about donald trump going after bill clinton. Trump needs to stay focused on issues. Not get sidetracked. Dont attack, no matter how bad Establishment Republicans are, no matter what they do to him. Dont attack hillary in the ways he did in the first debate and stop talking about bill clintons past indiscretions. Liz so that is from a very conservative yes falwell, jr. , mercedes. Donald trump will he listen . This is supporter. This is somebody sticking by him . Look, i feel that donald trump, he feels like he is under attack by not only democrats but by some members of his own party. When donald trump gets attacked he punches back. I think it has been very disappointing to see certain members of the Republican Party decide that they are not going so support their nominee. I think ultimate goal should have been to defeat Hillary Clinton and it creates Greater Division among our party. The one thing democrats really do effectively they stick together, despite in the case of bill clinton, he was impeached, disbarred. Had to pay fines for his sexual scandals. They all stood by him. Donald trump apologized because of the video, because of the tape. I think it is very unfortunate the party decided, that they have decided that theyre going to not support the nominee. Liz one quick footnote here. It appears bully bush, the anchor of access hollywood, who was on that tape with donald trump is working on an exit package with nbc. So it is definitely possibly hurting his job prospects. As we finish out, christie, if we dip back into the picture of Hillary Clinton, you can see over her shoulder, al gore is teeing up to speak, well take it when it happens. What does he nee florida was that state that just didnt come through in the end for him. And it was a very complicated relationship in the beginning with Hillary Clinton. Not so complicated he doesnt want to help the party . I still think it is complicated relationship. He is fairly retreated from politics and political life in general. And the reason that you are seeing him out here right now is because gore is taking the stance a lot of republicans have, frankly, those who have broken with their party to come either support Hillary Clinton or at least say theyre not doing to support going to support donald trump. That it is too important to stay on the sidelines this time. Christie setzer, mercedes schlapp. What is newsworthy about this, he has come out to support Hillary Clinton of the hasnt happened yet during the entire cycle. Keep it here on fox business. Listen to all of our coverage but specifically the third and final president ial debate a week from wednesday. Maria bartiromos election begins that special starts 6 00 p. M. Eastern, lou dobbs and coast to coast. Wednesday, october 19th. Markets are still falling at the moment. Wait until you see the vix. Well show that to you on the other side. There is fear in this market. Were taking you back to the trading floors. Dont go away. Company says theyll only paye threequarters of what it takes to replace it. What are you supposed to do . Drive threequarters of a car . Now if you had Liberty Mutual new car replacementâ„¢, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. With Liberty Mutual new car replacementâ„¢, well replace the full value of your car. Liberty stands with youâ„¢. Liberty mutual insurance. Did on your prescriptions . To save up to 95 introducing, blink health. The new app and website that makes it easy for you to get your same medication, at your same pharmacy, for a lower price. Blink has negotiated some of the lowest prices on over 15,000 medications, and passes these savings on to you. Many of the most common medications are under ten bucks. Thats even lower than many insurance and medicare copays. Just go to blinkhealth. Com, search for your prescription, and pay for it online before you pick up at your regular pharmacy. Youll pay nothing at check out. Blink is accepted at all major chains and most independent pharmacies nationwide. Its free to use, it works for everyone, and purchases are always refundable. Check the blink price of your prescription now, and get 10 off your first purchase at blinkhealth. Com, promo code tv. Do you have thecare . Coverage you need . Open enrollment ends december 7th. So nows the time to get on a path that could be right for you. With plans including aarp medicarecomplete insured through unitedhealthcare. Call today or go online to enroll. These Medicare Advantage plans can combine your hospital and doctor coverage with Prescription Drug coverage, and extra benefits all in one complete plan for a low monthly premium, or in some areas no plan premium at all. Other benefits can include 0 copays for an annual physical and most immunizations, routine vision and hearing coverage, and youll pay the plans lowest prescription price, whether its your copay or the pharmacy price. Or pay zero dollars for a 90day supply of tier 1 and tier 2 drugs, with home delivery. Dont wait, call unitedhealthcare or go online to enroll in aarp medicarecomplete. Liz wells fargo reshuffling the ranks after two disasterous con expression al hearings for the bank and embattled ceo john stumpf. The bank is fighting back against criticism for creating millions of fraudulent accounts. Former employees are now saying they were forced to add costly overdraft protections without their customers permission. The former employees said once they started to refuse to go along with the scream they were immediately fired. Charlie gasparino, i i guess more specifically on john stumpf and where it r his future lies. Be clear, i covered corporate implosions much of my career. Back in 1999, 2001, stan oneal got duties from Dave Komansky, he was Dave Komansky hes number two. John stumpf is handing a lot of duties to his coo. What you see, that generally presages the next corporate move that john stumpf is out and someone else in management liz this is from what you have seen in the past and triangulating how it goes down like that. This is what is happening right now. You have his other people assuming his duties in a corporate restructuring. When you have that, you have some real problems. That means, essentially, that the coo and, whose name just escapes me for some reason because i was worried about a twitter headline were going to talk about in a minute. Liz okay. The coo is probably going to become the ceo at the end of the year. He is, tim sloane. Just i had a brain meltdown for a second. Mr. Sloane is now getting, i would say, about 1 3 of john stumpfs duties if you look at latest corporate restructuring. That means, John Stumpf Liz none of his pay. Well you dont know that. Heres the thing, i think after the election liz making me do this, start paying me. After the new year we point out it is probably a good shot that mr. Sloan gets the job. That is usually what happens. Lets go to twitter because we are hearing now we should point out, we should say sources and should be unconfirmed this, and twitter is getting a little ride out of this thing, we should put up, unconfirmed, there is a, a lot of speculation out there that prince, as you know twitter was down 11 yesterday. We took it up a little bit on your show when we said there was some bankers were talking about still some interest from sales force and others if the price is right. So the stock popped on that. Came back a little bit. Now the stock is up today. Kind of a relief rally. Part of it is this. This is pure speculation. We should say it is unconfirmed, he is considering basically increasing his, he has got a stake, increasing his twitter stake. I think, if you asked me whether this is possible to happen, i would say that is very, that is much more real possibility than salesforce buying it at 24. Liz let people who might not know alwaleed. He has stakes in huge companies. Citibank. Used to sit on the board of news corporation. He likes to get involved. He was involved in citibank, citi corp. Back in the city i remember. I could see him being a white knight to twitter to stablize the stock. That is something that buffett does off then, Warren Buffett did it with wells and other companies. Liz look to bring in capital to firms. Goldman sachs brought money for this is something you could see happening to stablize the stock. Im not saying it is happening and it is completely inconfirmed reports out there bouncing around but iting helping the keep the shares up. We should point out before anybody, new york times, cnbc, we were first on fox business yesterday to report that even though these talks have broken down, sales force, all these players, still interested in twitter, if the price is right. Our reporting was confirmed by everybody this morning and late last night after we reported it here. I still caution anybody to get involved in the stock, youre crazy if youre retail guy. This thing will be whipsawing on every report. Liz good to see you, charlie, thank you. I need to say this. Which have fear on the market. Were off the lows of the session the volatility index is spiking by 15 percent right now as we see the celloff underway on wall street. The dow is off session lows, i want to stress that, however, it is still down 117 points. Weakness in health care, weakness in technology and weakness in oilrelated names. With this, little dramatic to call it a total nosedive, we want to do work with the traders on the floor show, new york stock exchange, cme group, matt, what are you seeing with the flows . We had been down 220 points here. Were down 192 at the moment. What is the psychology driving the market at this hour . There is nowhere to hide right now. Were not seeing any huge volume. Downside volume is five times greater than the upside volume. People are lightening up. Nowhere to hide. 10year yields at fourmonth high. Utilities are down. Oil down. Biotech down. Nowhere else to put your money so everyone is going to wait and see. Earnings started with alcoa that were disappointing. People will say were not counting on earnings to be our next catalyst. Have a waitandsee attitude. Liz u. S. Dollar at sevenweek highs. Were looking right now at the overhang of a december rate hike which were hearing might be at 70 probability, when you look at fed funds futures. While most currencies are weaker against the u. S. Dollar, that certainly hurts oil. Oils retreating. Larry shover at cme, you see all of these things crystallize and come together . The way i look at it right now. There are some things in the pile. We have earnings reports. The pile is growing bigger. We have sovereign yields that go higher. Our yields go higher as well. We have to remember thats okay. Were seeing nominal growth. The dollar overshot but always does overshoot. It does affect the oil price. Also traders are really worried about the growing chances of a complete 2008style democratic rout of washington. It is okay if Hillary Clinton wins, that is built into the market but the market doesnt want complete democratic overtaking of washington d. C. We have opec. There are so many moving pieces right now and lets consider the fact on a year on year basis, Third Quarter earnings were supposed to be up 10 year on year. Right now were looking down 1 , down 2 in europe. So things are not really good. There is going to be a reset, something ive been talking about since july, a little bit early on my call. Yeah, just a reset in the market liz listen, i know you guys have to make calls, if i were holding your breath i would have died right now. Listen, matt, larry, thank you very much. Youre welcome. Liz the markets are falling. Looks a little alarming. Thin volume. Matt made that point. So the moves are exaggerated at the moment. Thanks for joining us on the floor show. Were seven minutes from the closing bell ringing. Were still awaiting al gore, former Vice President to take the stage with Hillary Clinton in miami. As you whip out your visa to pay for home depot bargains. Dont stop there. That might be investment lesson in and of itself. Larry rosenthal is coming up. Why he says buy the two names for your portfolio. There is clue and a key. Why he is betting big on you, the consumer, when the countdown is coming right back. The dow is down 196 points. Liz breaking news al gore taken the stage for the first first time in miami. Lets listen in. [shouting] i dont want you to be in a position years from now, you welcome Hillary Clinton, you actually did win, it wasnt close enough to make sure that all the votes were counted or whatever. Elections have consequences. [shouting] your vote counts. Your vote has consequences. [cheering] and in this election the future of miami and cities up and down the west coast and east coast of florida are on the ballot as well. Indeed the entire state of florida and its future are on this ballot. So is our economy. Our health, our national security. The Common Thread that binds all of these issues together, what when he decide to do about carbon pollution. And its damage to the ecological system of the earth. I dont have to tell you here in florida that the Climate Crisis yes, it is true that some of your elected officials have not recognized that its real but every single, every single night on the Television News is like a major hike through the book of revelation. You look at floods, droughts, mudslides and fires and incredible downpours. As secretary clinton just mentioned, Hurricane Matthew just recently. You know it spun up from a Tropical Storm into a category 5 hurricane in just 36 hours. That is extremely unusual. The reason that happened is the Climate Crisis is trapping so much extra heat in the earths system, equivalent to what would be released by 400,000 hiroshima class atomic bombs going off every day. Its a big planet. That is a lot of energy. It is warming the oceans. More than 90 of the energy goes into the east oceans. The southern caribbean where it spun up into a category 5 quickly was much warmer than normal liz former Vice President al gore imploring the audience to understand your vote matters. As we bump up against the closing bell, the dow is 194 points off the lows of the session. Thing volume ahead of yom kippur holiday. [closing bell rings] david asman, Melissa Francis picking it up here for after the bell. Melissa stocks slammed, major averages ending the day down more than 1 . Im Melissa Francis. David im david asman this is after the bell. We have you covered on big market movers. Here is what else we have for you this hour. Donald trump unshackled launching a twitter storm against paul ryan and other republicans in congress who have severed their ties with him. Well be speaking with one who is Still Standing by his man trump, calling his colleagues in the gop, gutless. New trove of emails released from Clinton Campaign chair john podesta apparently show collusion between the clinton team and the department of justice during the email investigation. The latest details on that to come. This as al gore joins Hillary Clinton at a Campaign Event in miami