Of a headache for the Trump Administration with four gop senators still refusing from moving from nay to yea on health care bill. President trump says he will stump for the plan. White House Press Secretary sean spicer was much more optimisticically and thinks chances of passage are high. Democratic critics continuing to blast away at the senate labeling it as, quote, cruel, mean and even deadly. Congressman from california, actually agrees with those assessments and has one more big reason he says he blames the president. He will join us live in just a few moments and weve been warned over and over again that our nations lek call grid is vulnerable to hackers and now theres proof, russia shutting off the power in ukraine. Should we be even more worried or ramp up efforts and ceo has been sounding alarm for years and what the Trump Administration should do first. On wall street we have the dow and the s p struggling stay in the green. Dow is down about 15 points. The nasdaq aims to close the week higher in the back of technology and oil stocks. Right now better by 20 points. We are less than an hour to the closing bell. Glad that you are with me this friday. Lets start the countdown. Liz seven minutes and 35 seconds, tracking the rocket, the spacex rocket in cape canaveral, its right there. We have a life picture. We have been told ana maria systems are go and is holding a bunch of satellites from bulgaria. We will get to it the minute it takes off. In the meantime lets look at the markets. Tracking to the finish this friday. The dow falls more than 13 points today and right now we are down 22, it will be negative for the week snapping a fourweek long streak of gains. We have a tail of two fed heads, loretta says the fed must continue to raise rates albeit gradually while bullard the fed has to wait to see 2 . We are not at 2 , we are at 1. 5 . Lets look at walmart, might prove to be a spoiler, amazonwhole foods deal. Walmart down 1 . Jp morgan is putting it up and out, walmart is the only retailer with the financial muscle to make a better offer for whole foods plus anything to keep amazon out of wheel house. Whole foods has been trading above amazons offer of 42 a share. Whole foods at 43. 53 and amazon basically flat. Amazon could be eating into the food of distribution companies. The online retailer may look to start distributing food to independent restaurants, companies that already do so are cisco, u. S. Performance foods. The other two are trailing still down. 7 seconds, 6. 5. Let us go. Sorry about that. Breaking news. Tell me now. Okay. Weve got a fifth senator just breaking right now, a fifth gop senator dean heller moments ago from nevada came out against the Senate Health plan. We had four others including ted cruz and, of course, rand paul, dean heller is Holding Steady with them as nay. Another health care hiccup, of course. Critics pointing directly at a particular Campaign Promise he made multiple times on the campaign trail. I will not let anybody touch your Social Security and medicare or your medicaid, it wont be touched. Believe me. Liz here are some of the twitter chatter. Im reasonably sure trump wouldnt have reached 270 electoral votes if he openly campaigned on taking medicaid from 14 million people, from democratic congressman, John Geramendi who retweeted a may 15th tweet, quote, i was the first and only potential gop candidate to state there will be no cuts to Social Security, no cuts to medicare and medicaid, huckabee copied me. Huckabee meaning, of course, Mike Huckabee who at the time was also running against trump and a whole bunch of others for president. Four minutes away from the launch of that spacex rocket. We will pick it up but in the meantime John Geramendi has pretty much said hes against it and said that the broken promise is significant. John geramendi. Good to have you, thank you. Good to be with you. Governments rise and fall on the veracity of the truthfulness of the leader and you have a leader that you cannot depend upon his word. Liz hold on. Let me get in a question first. Sure. Liz obviously we knew you were skeptical with what the senate put forward. Is there anything in the bill that you could live with and i remind you and everybody else there are two holdovers from obamacare and that includes letting kids stay on plan till 26 which was popular . Sure, there are things in this bill that really Carry Forward from the obamacare, Affordable Care act. No doubt about it. What this bill really does you remember that half of the children in the United States are born with a Medicaid Insurance Program and we are looking at medicaid being cut by 800 billion. Thats 80 billion a year. Its going to have a huge effect on them. We look at he he elderly in the nursing homes. You also take a look at the disabled in the American Public nearly all are on medicaid, they are going to take a huge horrible vicious hit and the president s word apparently isnt worth, well, a three dollar bill. Liz hold on one second because the company from your state spacex run by elon musk is about to launch a rocket and then a second one within two days, two within two days. The falcon 9 rocket. Ly get your comments on it in a minute but we want to take the live shot at the moment. The falcon 9 rocket has flown to space before. Elon musks whole big thing was in essence reusing rockets. He wanted to be the walmart of rockets. You see that . A couple of them actually, what they will do enable real opportunity to improve hdtv. We are now just how many minutes away . We are a minute and 50 seconds away from this launch and just to tell you, it will follow stage separation once it deploys, that satellite and its landing on this is a real name, of course, i still love you drone shift which will be stationed in the atlantic ocean. Remember, it brings the payload up and it lands back down once the payload is into orbit. Lets listen in. As we just watched this, now there are nine seconds, 90 seconds, 90 seconds. So i just want to quickly tell you too, well, congressman geramendi as we wait for this give me your thought on forceful Company Going to the great beyond . This is really good news for the american taxpayer. We now have at least three competitors that we can go to for the United States satellite launching for military and other purposes. Its good news, if he can be successful as i think ryan wants to be successful, that will dramatically lower price of space launches. Its a very good thing. Liz 40 seconds, 39 seconds. You can see the Flight Computers have now taken control of the countdown and as we watch the knew spacex launch what is rather extraordinary about it is once it deploys the satellite, it will then turn around and attempt to land and theyve had a couple of successful landings for reusing the rocket and this rocket right now has been used before. Lets see how this launch goes off and lets listen in. Ten, nine, eight, seven, six, five, four, three, two, one. Copy. Falcon 9 is on its way to deliver bulgaria to orbit. 1. 7million pounds of thrust. We are coming up on mass cue, 1 minute and 18 seconds roughly. We will be passing plus maximum aerodynamic pressure. [cheers and applause] we just crossed through it. Over 20 kilometers over the surface of the earth. You can see expand at the base of the rockets. Indicative that we are leaving earths atmosphere. You just heard the call that the mother vacuum engine began chilling in. We are getting ready for three major evens, we will talk about all of three of them after they occur. Liz lz as we wait and we keep our eye on this, congressman geramendi, youre a member of the transportation committee. I remember going to california to see spacex in 2006, it was a single hanger with an open back and you had nasa and rockwell guys eating granola trying to make a rocket. Here we are more than ten years later watching actually work and this elon musks dream of putting together a reusable Rocket Company so that it wasnt as expensive as the 19 million. The russians were eating our lunch congressman. They were charging 13 million ten years ago. It will make us more competitive, correct . Its interesting to know that the rockets that are from ual has to use russian engines for those rockets. They havent been able to produce sufficient engines but here you have spacex and blue horizon who are producing rockets that are going to be reusable. Its going to dramatically lower the price. This is what competition can do instead of monopoly which we had more than a decade. This business of being able to reuse, that means bringing the first stage back to earth safely and landing it. Liz guess what, let me interrupt you. Rocket has just left the earths atmosphere and by the way, its going to land right back on earth on a platform in the ocean today. So fox business will take that to congressman, i know we jumped to the news and switched around but we appreciate you working with us on that. Im happy to do so but i feel very much like the white house corp. , i heard all the sound but i couldnt see the video. [laughter] liz oh, snap, good to see you congressman, again, we will be watching the Health Care Situation and i do hope that democrats continue to at least consider working with republicans to make a Quality Health care plan. We can do that. There are many things we can do but you cant start with this particularly piece of legislation. Thank you so much. Liz thank you very much. Hes right. Its jeff bezos of blue origin who is joining elon musk in the private space world. Closing bell. 45 minutes away. Bed bath beyond. Multiple closing targets in the aftermath. You can see that the home goods retailer is getting smacked down 11 . It was already down 27 year to date. This price 29. 74, thats a sevenyear low and its the biggest loser of the s p 500. Americas biggest bank pass the first round of stress tests. Remember yesterday they we were previewing it . They all passed. The Trump Administration got a free fooses deregulate the banks. Dow is down 29 points. But when family members forget, trust angies list to help. [ barks ] visit angieslist. Com today. Ive spent my life planting a sizesix, nonslip shoe into that door. On this side, i want my customers to relax and enjoy themselves. But these days its phones before forks. They want wifi out here. But behind that door, i need a private connection for my business. Wifi pro from comcast business. Public wifi for your customers. Private wifi for your business. Strong and secure. Good for a door. And a network. Comcast business. Built for security. Built for business. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Liz we need you to stop what youre doing right now and look at the financials because they are feeling snreses this final hour of trade even after the big banks like goldman, morgan stanley, bank of america and citi passed the first round of stress test yesterday. This round coming up will decide which banks can jack up their dividend payout and boost share buybacks. To the floor show and our traders. Morgan and goldman are down more than 2 , little bit further in red than the others, is there something that makes it look like a buy or do you see flow as they become more reasonable in price . Eventually we are going to get there. Right now we are dealing with russell rebound and in the financials we are going to see outflows out of that. Its a sell on news type thing. They were easily passed the first hurdle of the stress test. We will see what next week brings. Right now its a relief and more russell related than anything else. Liz phil flynn, oil has joked up the market this week because after tuesday it started to look really ugly and what did we have, we had oil well moving slightly higher today about twothirds of a percent in the aftermarket session. I think the hike was up 1 , down 15 year to date, down 20 since the highest reached in may and that put a damper on much of the market, what happens next week . Phil it really has and i will tell you why. One of the big stories about the u. S. Economy in recent years has been the rides of the u. S. Shell producers and at these price levels, liz, a lot of the shell producers cant make money. I dont care what youre hearing on the street, they can produce as much as 25, it isnt happening. Liz and i think the rig count jumped again. It only adds to the glut. Phil right. The problem is that the rig that is youre seeing being added today, they decided to put them in three months ago or two months ago when oil prices were 1520 higher and now they are having drillers regret, 50dollarbarrel oil, we need to drill as much oil as we possibly cannot realizing that the price might come down and even though they put drills on the ground they are not completing the wells. We are not getting as much production as you think. Month of june we are predict today produce a lot of oil, 100,000barrels, we are not close to that yet. Chris robinson, im fine with that lets broaden the discussion here when it comes to equities. Overall, you do have what i thought was significant, you have Loretta Mister of the cleveland fed saying, come on, guys, we are not in an emergency situation anymore. We need to raise albeit gradually rate hikes and a nonvoting members bullard of st. Louis that says, dont do it, inflation is too low. Which side investors are on . When youre talking about the tenyear yield going to 3 , we are above 2. So the market has already voted. Some guys are talking able possibly going to back julys low when the yield was 1 and a half. At tend of the day, i think the yields have been factored in but its interesting to see what the tenyear is telling you. So i think as long as people are chasing the yields, you will continue to see the equity supported the way we have. So i would just say, you know, if youre long equities, every weekend i go home with puts on because if we do have a correction it could be scary. Liz yeah, but maybe its a buying opportunity. I want all of you to just have a great weekend if you can. Its been a wild week. Thanks so much. That i can do. Liz be sure to tune to wall street week tonight, 8 00 p. M. Eastern, maria talks to former hewlettpackard ceo Carley Fiorina about everything from Health Care Reform to what we all want to hear about tax reform, politics and the trump economy and then stick around for the property man bob massey takes on a tour. Countdown coming right back. Welcome to holiday inn whether for big meetings or little getaways, there are always smiles ahead at holiday inn. Hit could be the next big thing i should totally get that domain name. Get your great idea online too. Get your domain today, and get. A free trial of gocentral from godaddy t. [cheers and applause] touchdown. Liz thats 19 minutes. So far so good. Its a subject assess. Space xrkts completed the safe land ght moments agent. A rocket it has already previously utilized for a totally different launt. This is the second run goingt on with the dream that elon musket had to bank account the walmart of rockets or the used car man of rockets as we said before. The ability to reuse parts in rocket as seen as the key to the future of human space ects plor agents to cut doesnt on the cotses and sniements zings liz let me go to jeff flock. I need to know how long refin ris oil closing 33. Jeff you can tell from the smoke out of there. They burn crude which is now trading at 32 a barrel. Theres a lot of crude out there and cheap crude and not enough demand. You mentioned 21 days in a row. We are down the 2. 27. We are heading lower as we speak and crude production in the u. S. Is just booming. Where is the sweet spot, liz, above 40 a barrel and afford to produce but low price but its not too low. So up 8. 8 in the past year crude production. If you look since fox business went on the air ten years ago, weve almost doubled crude production in the country. The other piece of it is demand. We are just not driving as much as possible thought. In fact, bank of america, Merrill Lynch put out a note today, we now doubt the demand growth will accelerate the current downward momentum for now so in answer to your question. I think we are going to see this for a while. Economy, they say is going sideways and we are not going to see increase in demand. This maybe here for a while. Two dollar gas. Who knew. Liz who knew . Jeff. Its hot out there. Jeff i admit it. Liz youre not sweating at all. Youre cute as a cucumber. Jeff i have people with umbrellas. Theres jason. [laughter] yea, jason, oh, well, you dont know him that well. Back to you. Liz thank you, jeff, very much. We have the closing bell ringing in about 28 minutes, bring him back. We are going to tell you who is demanding that the just ousted uber ceo come back and Silicon Valley bad boy elon musk, we have more on him in just a minute but, yeah, who is demanding that uber come back, the bad boys of the Silicon Valley are making ways, we will tell you about it coming up. Of course, we are watching the market. The dow is down 34 points. The master mind that was able to hack the grid in ukraine might be coming after us. Well, the ceo of excel energy is next to talk about why hes been just warning about this for years. Hes standing by on how close we are to getting hacked. Stay tune. Liberty mutual stood with me when this guy got a flat tire in the middle of the night. Hold on dad. Liberty did what . Yeah, Liberty Mutual 24hour roadside assistance helped him to fix his flat so he could get home safely. My dad says our insurance doesnt have that. Dont worry i know what a lug wrench is, dad. Is this a lug wrench . Maybe . You can leave worry behind when liberty stands with you™. Liberty stands with you™. Liberty mutual insurance. 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. Nicole im nicole petallides. Nasdaq gaining 21. Elon musk looking to win the space race and the Auto Industry as well, tesla working on new music streaming service. They believe it is, quote, important to have exceptional car experience. Travis kalanick finally getting support. More than 1,000 uber employees signing petition call for the return in some capacity the ceo. The workers saying that nobody is perfect. Coming up next. Liz claman talks about Energy Security following the power hack in the ukraine. Keep it right here. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Looking from a fresh perspective can make all the difference. It can provide what we call an unlock a realization that often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. I realize that ah, that 100k is notwell, a 103fortune. Yeah, 103. Well, let me ask you guys. How long did it take you two to save that . A long time. Then its a fortune. Well, im sure you talk to people all the time who think 100k is just pocket change. Right now were just talking to you. I told you we had a fortune. Yes, you did. Getting closer to your investment goals starts with a conversation. Schedule a complimentary goal Planning Session today. Liz tech titans descended upon the white house to discuss modernizing and fixing the governments severely it systems and one issue that was no doubt at the forefront our vulnerability as a nation to cyberattacks. For the first time ever, listen to this, there was a realtime cyberattack of a National Electrical grid. It happened in ukraine reportedly by Russian Hackers. Excel energy ceo ben has been warning about this for years that the u. S. Could be vulnerable to such an attack. He joins us now at a fox business exclusive. What about that, mr. Folk, you have been warning for so long trying to send up the flairs, how vulnerable are we in the u. S. And could it happen here question. Well, thanks for having me, liz. Liz of course. The industry has been making a lot of progress over the years in protecting the grid, how we coordinate, how we plan, how we respond to an attack but as you just noted at the beginning of the segment, the bad guys are Getting Better too, so we have to continue to improve how we plan, how we coordinate, how we defend the grid because as you know, the grid is electricity and electricity powers everything in modern society. Liz i remember during new york citys brownouts or short blackouts, big complaint that our grid was outdated, it was a web of interconnected grids and it wasnt all one together. Does that leave us vulnerable or does seemingly putting it altogether make us weeker weaker rather than stronger . Well, thats a really good question. Fact that our electric grid was developed independent in different regions of the country i think actually makes it harder to do a widespread cyberattack and the thing we have to protect the most is what we call ems system, thats the brains of our grid and thats where we put a significant amount of effort into protecting, liz. Liz is this on utilities or Companies Like you or on the federal government because it sounds like a huge cost and a major effort . Its on both. We need to work hand and glove with the government sharing information. We need to work with other Critical Infrastructure sectors, finance, telecommunications because we are interdependent upon each other. If we couldnt have telecommunications work, that would hamper our ability. Its really important that we are coordinated and thats one of the things we have to do, liz. Liz well, at least we are on again rater here at fox news and fox business, but im just concerned that atms would go out and the Russian Hackers and chinese hackers as you say Getting Better at it. Youve been using drones. I want to bring this up, to inspect a lot of your lines, what i love about it it doesnt pull pole climbers in danger that much anymore. The president met with drone leaders in the Business World and perhaps theyre moving toward looser regulations, a, do you think they will happen and, b, are you looking forward to that . We are also the leading wind provider in the country so we have a lot of wind towers. I would much hatter have a drone inspecting the towers and lines than an employee from a safety perspective. Also from a cost perspective. What we need is beyond visual line of sight abilities. Liz, at the same time, though, back to your cyber question, we want to make sure that our Critical Infrastructure is protected from unintentional or intentional drones landing on things like our substations. Liz i would be remiss if i didnt ask you, you have a lot of employees whose Health Care Insurance you cover, how closely are you watching whats going on in dc and do you feel that the Current System is spiraling down or is it holding up for you . Give us an assessment as a business leader. Something im watching closely. Im proud to say that we offer very good benefits that we selfensure ourselves for our employees. So theyre protected for whats happening with health care. We all need health care and something needs to be fixed. Thats for sure. Liz good for you for not waiting around to lead the way. Its great to see you, ben. Thank you for coming on. Look forward seeing you again. Liz any time, ben fowke ceo. First he said he can beat President Trump and then he called Hillary Clinton as a bad candidate and now fox business is learning that joe bidens hit list has grown one name longer, the wall street power player drawing fire from the former vp. Charlie gasparino has got the name and exclusive details on what sparked the battle. Charlie breaks it next on countn your Insurance Company wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. Switch and you could save 782 on home and auto insurance. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Liz breaking news, we need to get you to the live pictures. En vivo, means live. Civil war over the past 80 days, 75 people have been killed, but you see on the right side, you have water cannons, a lot of smoke. Right now appears that some of it is calming down but at the moment you can see that a truck has been set on fire, the socialist government there cracking down on citizens who were protesting the economy which is all but collapsed but then what sparked whats happening in the past 24 hours is that a 22yearold protestor who was unarmed was shot pointblank and killed during the riot and the protest rather and that, of course, sparked the riot. Many American Companies have either abandoned their businesses or the businesses have been basically stolen by the government and nationalized and you know this, Many Airlines have cut routes to venezuela. Many leaders who are not governmentrelated in venezuela say they need to, quote, paralyze the country so the world can hear and see what is going on. By the way, fox business has covered the venezuela story extensively going a year or two back and there were articles recently that said, oh, the media is ignoring it, not fox business. To this, apparently second day sorry. Sorry. Liz wait your turn. Apparently insulting Hillary Clinton is very bad. President ial candidate in conference wasnt enough for joe biden, former vp had harsh words those who love, love to hate or whatever it is. Charlie gasparino. You have to ask why it took this long because the salt conference was in may. A vip dinner, we know why Anthony Scaramucci doesnt invite you. You saw this thing . Liz no, that was the second one. Charlie he basically said, i would have been a better candidate, they had a private dinner where the potential candidacy of joe biden as oppose to Hillary Clinton came up, why didnt he run for president in 2016 if he believes as he said during the conference that hes a better candidate than Hillary Clinton who as you know lost to President Trump. It came up when jeb bush, this was a vip round table with jeb bush, steve harvey was there, laura, i wasnt there, former greek prime minister. Anthony scaramucci. Liz david cameron. Charlie a big crowd, theyre all sitting around the table. Jeb bush asked biden, why didnt you run, biden became pretty emotional and talked about part of the reason why was that his son bo had died of brain cancer and it hurt him and as he was explaining this he got choked up and he said, listen, i dont want to talk anymore about this. The room went silent and bill ackman chimed in that people thought were inappropriate and clearly joe biden thought was inappropriate. He said, why, that has never stopped you before. Liz it stopped him from running. Charlie it never stopped before and joe biden turns around to someone seated near him who is this ahole and then turn to ackman directly and said, look, i dont know who you are wise ass but never disrespect the memory of my dead son again. Ackman then went onto attempt as what was described as an apology to which biden said just shut the hell up. Liz in front of by the way, off the record. Charlie we got this confirmed by three people who were at the meeting. Liz dinner. Charlie dinner conversation. Liz correct. Charlie ive been at some of these things. Liz not everybody is chattering, one conversation. Charlie we should point out that three people have described this, the words and the substance, they have confirmed it, joe bidens office does not deny this, we told them what we were going to say that he said and they basically said, we are not denying it. Ackman has an interesting sort of nondenial, denial, in the story on fox business. Com, a couple of key points why are we writing about this, this was brought to my attention by people who think that joe biden is going to run. Hes 75. They think hes going to be too slow at 2020, maybe the oldest president candidate ever to run. This conversation show this is guy will take anybodys heads hes tough enough to take heads off which bill ackman did. Thats number one. Number two, you know, listen, bill ackman doesnt have a lot of friends on wall street and, you know liz he doesnt need a lot of friends on wall street. Hes always marched to the beat of a different drum. Charlie he tried to take out herbaliife. People say stuff about you and thats how we found this out. Its indicative to the fact that if you want to say anything about the story, joe biden took him on like theres no tomorrow according to the people there. We have the whole rightup of foxbusiness. Com. We have ackmans denial, denial. Its all over the web right now and now picking up steam on the web. Liz all right, charlie gasparino. Thank you very much. Charlie, closing bell in six minutes. We will be right back. The dow is now down only 12 points. St in, but who you invest with. Period. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. The internet is waiting. Start for free today at godaddy. Liz 2 1 2 minutes left in the trading session. The week. Look at the dow down five points. The dow can only be down 13 or fewer points for it to close in the green in the week. Right now were there, right . We will see the dow close positively like the nasdaq. Countdown viewers want to show you why you watch countdown closers on the show, george young recommended a stock called Western Digital. Look at it today. It is hitting a twoyear high after toshiba is willing to talk to the company about the sale of its chip unit. Can we show Western Digital . Looking Pretty Healthy right now. Top that david kudla. Joining us now, good to see you. Western digital up 3 . What is your estimate for how momentum stocks like that and others continue to grow or at some point correct . We think they continue to grow because it is the place to be in this market. We had a flattening of the yield curve, concern about economic growth, concern about trump policies. Of value stocks lagged here the Growth Stocks have done well. Growth stocks or those that depend on secular growth story are technology stocks. Weve got great earnings this year. Good earnings were expecting next year. So we think investors stay with tech stocks, Western Digital being one of them. Liz okay. If we keep that up there. There is a whole bunch of etfs and stocks david is recommending. What is your projection for rate hikes . We had two fed chiefs going in opposite directions about whether they should hike rates. We think the next move for the fed is to start tapering the balance sheet, to start unwinding the balance sheet. All the bonds and securities they bought, that they start to reduce the amount of assets theyre holding. Part of the quantitative easing that will become quantitative tightening. That is what we think well see over next several months and discussion by the fed about that we think at most we have one more rate hike this year in december. Depending on the inflation data, other economic data, maybe two next year. [closing bell rings] liz david kudla two billion in assets under management. Good to see you. Guess what, a trifecta. The dow, nasdaq, s p, ending postively for the week. David, melissa take it now. David thank you very much. Melissa stocks trying to eke out gains on this friday. The dow ended in the red about 13 point but the s p gained a 10th of a percent as the nasdaq snaps a twoday losing streak. Im melissa francis. David just barely, barely snapped the loosing streak. Im david asman. Happy friday this is after the bell. Here is what were covering in a very busy hour we have for you. Strong reaction from the Senate Health care bill pouring in from washington to wall street while Senate Republicans move full