Group. All of the numbers as soon as they hit the tape this morning. Futures showing a mix bag as you can see, excuse me, we have that is arrows across the board. Nasdaq up 34 and a half, s p is up 11 this after yesterdays crazy lateday selloff. California announced lockdowns and when the announcement came through that really did hurt the market. The dow barely holding a gain. We will see if we can do better today. Well, jumping species. Animal to human virus contraction may become more common. How to protect yourself, plus, ford taking nostalgia route with newest suv back by popular demand. Mornings with maria is live right now. Coronavirus lockdowns in the United States and scaled back reopenings both impacting european markets. As you can see red across the board. Weve had improvement overnight with europe. As you can see the dax and the cac 40 down more than half percent. Not in asia, red across the board. Different story from yesterday morning. We have pressure on markets especially the hang seng, chinas import and exports 2. 7 increase for june. Thats a departure from 16. 7 drop for the month of may that we got. Top stories we are watching this morning covid19 cases rising forcing states to shut back down and Lauren Simonetti has all the details for us. Good morning, lauren. Lauren good to see you. Lets start in florida, 13,000 new infections just yesterday following recordbreaking 15,000 cases on sunday. California seeing 48 increase in cases in just the past 2 weeks. Governor gavin newsom ordering several indoor businesses to shut down, those closures include bars and indoor activities and winery and Family Entertainment menus. Houses of worship in monitored counties must also close up. 58 counties are being watched. La mayor Eric Garcetti ordering his city on red threat level and he could shut down city again. La School District will hold Classes Online in the fall until the virus is under control. The army is now overseeing the militarys Coronavirus Response in california and in texas. The first troops arriving in houston where the mayor proposing a twoweek complete lockdown. New york threatening a 2,000dollar fine for breaking covid19 quarantine rules. Travelers must fill identification form at every airport stating where they are coming from and where they plan to stay. They fail to do so, they will face fine and even a court summon. More help on the way for americans hit by the covid19 pandemic, Senate Majority leader Mitch Mcconnell reportedly expect today present another stimulus package. The Trump Administration would like to include another round of stimulus checks for low income and unemployed workers. Cost of the aid 1 trillion or less. Senator mcconnell looking to pass legislation before ghost. President trump blasting democratic mayors for rhetoric. Reckless politicians defamed Law Enforcement heros is the enme. Farleft mayors, Violent Crimes in cities, farleft city, they dont have a clue. Lauren the president calling out how manytown of new york city that they are more interested in painting black lives matter. And cheryl, new source of tensions between the u. S. And china, beijing reportedly plans to slap sanctions on Lockheed Martin to sharing missiles to taiwan. The china claims ownership of taiwan. Lets take a share of Lockheed Martin trading in the premarket, they are down 1 . Cheryl, back to you. Cheryl Lauren Simonetti, thank you very much. Looking at futures right now we are in the groan after yesterdays crazy day where the dow lost, we were up 563 in the dow, most of that erased the dow closing by 1 and a half points. All of this reversed course in the afternoon when california announced a reopening rollback yesterday. Major averages ending well off of the highs and the nasdaq snapped the 3day record street. Weve got all of the big names coming up this morning. Jpmorgan is today, citi, wells fargo, all of this will be happening during the show and this is going to be an important one, Delta Airlines, the First Airline to post results in what analysts say is going to be the worst quarter for the Aviation Group in its history. Here with me now the Trust Company cochief Investment Officer hank smith. Joining in the 3 hours Cabot Philips and Washington Examiner columnist and republican pollster Kristen Soltis andersen. Welcome to the show. Good morning. Cheryl analysts coming to the earning season, the word seems to be flying blind. How do you evaluate a quarter where all of guidance was suspended from u. S. Companies and there was no clear picture on how the u. S. Company is really doing . Well, its difficult but i think everyone kind of realizes it. Look, we have the worst Quarterly Economic contraction in the United States history, probably global history as well so theres very little expectation for anything meaningful with earnings. That said, as usual analysts will sparse any time offorward looking commentary and companies that are at the margin positive compared to expectations i think will be well rewarded here. Cheryl 52 of decline on financials, thats the roundabout forecast for the Financial Sector in general also seeing negative analyst commentary on Consumer Discretionary on technology, what do you make of the quarter that we are about to get into . Well, i worked with a lot of Mainstream Investors and for them this is very surreal. Its almost science fiction, you have a perfect storm of the coronavirus combined with riots and its just really painful. Investors are warned down. Many people thought it would be a quick recovery. I think they are going to really struggle to stay disciplined throughout this whole process, but its absolutely crucial that they dont panic even though we dont see an end to this immediately. Cheryl thats why the lockdowns spooked the market. For the whole quarter,let get the news out of the way, the expectation year over year down 43 for earnings and then the revenue expectations down almost 12 . Again, this could be magic numbers, pie in the sky, wishes and dreams but thats what we have at this point. Well, thats right, in line with what the contraction of quarterly gdp on an annualized basis will be 40 , plus or minus. Lets not forget that there are powerful tailwinds that are propelling this new bull market mainly monetary policy, fiscal policy, positive linearity and theres no alternative and fomo, fear of missing out. These are the Drivers Behind the full market, and thats never going to change any time soon. Cheryl never heard the tina acronym. I want to bring in kristen into obviously a of this, the lockdowns and the timing, reclosings, whatever you want to call it, kristen, we are sensitive to what has become politicized state of the u. S. Economy and the coronavirus. Kristin the economy is something that they use political lens. Weve got data going back decades showing theres a relationship between those two things so it makes sense at the moment republicans would feel more bullish, hey, this is going to come back, President Trump is going to get us out of this but i think the reality of the virus it doesnt care what Political Party you are, red states and blue states, places like texas and california trying to increase measures, worried about hospital capacity. This is something thats affecting red and blue states alike and as the sort of whether its the tailend of the first wave or a second wave in the fall begins popping up. This is going to affect different places as people try to open back up and maybe schools, yes, open them and bars, no, as they try to navigate so you dont have to open and shut, open and shut. Cheryl more catastrophic than making a decision one way or the other. Hank, i want to give you final word here. We talk about obviously the u. S. Economy, the california story was big because california has an economy thats larger than a lot of countries around the world. Whats your best Case Scenario here . Well, the best Case Scenario is that we do not do what we did back in march and completely lockdown nonessential businesses and so that will allow continued economic improvement, next business Case Scenario schools do open, we need k through 12 to open, the science says it. And we dont get a second wave as is being commonly predicted an we continue this recovery but, california, yes, one of the largest economies in the world, but the policy response monetary and fiscal, equates to the eighth largest economy in the world. Think about that. That is the reason we are in a new bull market. Cheryl hank smith, i certainly hope the bull markets continue, its touch and go. Thank you very much for being here, hank smith. We are just Getting Started this morning, everybody, coming up this hour, former nypd lieutenant University Professor darren porcher, he will discuss President Trumps Law Enforcement round table amid the nationwide rise in crime. At 8 00 oclock hour tennessee senator Marsha Blackburn will talk new coronavirus stimulus and rejecting chinas Maritime Claims, the South China Sea. And international ceo jose talks the state of the Food Industry and where we go during and after covid. Plus the gyms, once a safe haven for retail owners, before the pandemic, weve got a full report coming up on the state of americas gyms and much more ahead for all of you, Senior Editor for the federalist, hes coming up next to talk about the alabama Runoff Election and back by popular demand, ford unveiling new bronco for 2021. We will take a look at a very updated bronco. Youre watching mornings with maria live on fox business. Cheryl voters in alabama heading to the polls for the runoff Republican Senate election today. Jeff sessions looking to reclaim the senate seat that he actually left in 2017 after being appointed attorney general. Sessions is running against retired a auburn coach. The president took to twitter ahead of todays vote, here is what he wrote. Big senate race in alabama on tuesday, vote for tooverbville. Christopher, what do you make of this . One of the first ones that we have seen with coronavirus going on. We have no idea how thats going to impact the turnout of voters out there. As you mentioned sessions has got a lot of name id for almost 5 years in the senate representing alabama but does not have a recordbreaking, excuse me recordbreaking record in alabama for football which is a really major thing. , the ubervilles whole support is trumps support. Sessions doesnt want in washington. He will probably back whoever wins later today. The whole point of sessions, though, that he mirrors Donald Trumps agenda on immigration and trade. He was somebody who was here in washington, d. C. Fighting that fight and when republicans were working hard to try and pass reform of immigration and citizenship, sessions stood up against that. If it was not for that attorney general incident i think sessions would have this in the bag, but right now its pretty close. Cheryl i thought having auburn and football would carry wait in state. Its a red state and having democrat sitting in the senate right now is to far out of the norm, basically takes running a suspected child molester in order to lose in the state. They will back whatever republican. The difference noon that alabama does have a slightly politics for local media politics a lot. Sessions has been active which tuberville ranked and the president had call with supporters, once again, enthusiastically backed tommy and if that doesnt push it over that may be local politics. Cheryl do i want to bring in Cabot Phillips, the former President Trumps doctor running in texas, whats your thoughts on this . President trump seems eager to weigh in on race where is the candidates that hes supporting appear to be up in polling. Hes not willing to jump in races unless hes confident about the outcome there. Thats what we are seeing in polling. Christopher, i want to get your opinion on that. If youre dc leadership in washington, d. C. , who do you think have a better chance to flipping one to have seat, only real options for having senate seat in november. If youre gop leadership who you hope wins today . Right now the only impact that republicans have seen in polling, the reason they are criticizing Jeff Sessions is not backing donald trump enough on recusal from the russian scandal. Now that indicates to me that which ever candidate wins this republican primary will be the next senator from alabama because generally speaking in a general election they are going to whoop the democrats cheryl red state, real quick, kristen, i have to bring you into this, are they referendum on President Trump, are they going to tell using in . I dont know if theyre a referendum on trump. Hes had rough record about his endorsees. He had endorsed ultimately lost in the primaries, the people who did win are endorsers of trumps agenda, so i do think that in this case while trumps endorsement is not necessarily a guaranty a victory, you do have to be on board with his agenda to win the republican cheryl great to see you, christopher, a lot coming up this morning. Getting back to school. District as cross the country making tough decisions, Lori Loughlin downsizing selling la mansion, when we come back. 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Other districts around the country new york city deciding to enact socalled hybrid plans with partial Remote Learning. This is President Trump stressing for schools to reopen. Kristen, your polling has shown that the majority of k through 12 parents dont think its safe to send kids back but worry about the consequences. Is this the right choice . Thats right, parents are stuck between rock and hard place in this situation because they want their children to have the best education, they feel like its not necessarily what theyre getting when they are getting Online Education at home, they worry that their kids are falling behind but that doesnt mean that think think its just safe to just completely return to normal. Now back in the spring i did polling of 4,000 American Parents of kids k through 12 and we found them worried about both sides of equation. Worried kids are missing out on social interactions but worried that they dont necessarily have all of the tools it takes to help children succeed. So while they gave schools a benefit of a doubt in the spring, look, a crisis hit, you have to do what you have to do, if schools dont have a plan by the fall to have Something Better for kids than have them email you work sheets and work for the best. Cheryl i agree. A lot of the kids are suffering at home. Many colleges are planning to remain close for the fall, thats going to leave folks stranded at home and you have International Students worried about their status. The proposed visa suspension, cabot, do you think colleges should reopen . Cabot i think they should reopen to the best of their ability for the simple fact that they dont students arent going to pay full tuition. Many universities are pulling bait and switch on students. They are getting them to sign for full tuition, actually all of your classes are online this fall but expect today pay full tuition and difference between that and Elementary School cheryl a lot of money. Cabot a boot of people are going to say they dont want to go to college. 70 unsatisfied of online. So schools arent able to open, i think they will see a large decrease in enrolling this fall. Cheryl if the kids cant go back to work, a lot of parents cant go back to work . Thats right, its a debacle. I talked to professor yesterday, two things need to happen to get the economy back and get Americ