Higher, by 18. In fact the dow and s p 500 scoring the third day of gains yesterday. But the nasdaq was the big winner with a gain of one and quarter percent on the war against coronavirus and dave ricks is here joining me first on fox business at 7 10 a. M. This morning. With breaking news you do not want to miss. The stimulus stalemate goes on House Speaker naption facing backlash now after senior democrats shot down a bipartisan proposal. And it is count down to election day President Trump says he has no regrets about his handling of the coronavirus pandemic. This as joe biden kept courts hifng voters in florida. History made at the white house, the dawn of a new middle east israel, the United Arab Emirates bahrain sign a deal brokered by administration. Here to talk and more. Plus Hurricane Sally crawling dangerously slow toward the gulf coast. Already dumping massive amounts of rain on the region. We have a live report. Apple newest tech taking a look at apple and ipad see if it is time for an upgrade. Mornings with march wra is live right now. Global market this is morning with a firmer tone European Commission president ursula holding her annual state of the Union Address today. She unveil new actions to protect the environment and compete with china and the United States. The s p 500 is up 400 and dax index in germany higher by 35 in asia markets fairly flat. Yoshihide and now some of the top stories we were watching this morning. President trump telling pennsylvania voters he has no regrets over his response to the covid19 pandemic. Despite telling Journalist Bob Woodward in march he wanted to play it down. I didnt down play it but up played it whether you call it talent or luck it was very important so we saved a lot of lives when we did that. Maria joe biden making his first trip to florida looking to boost the court among latino voters. Look, donald trump is failed this Hispanic Community time and time again thats not a secret. Latino community hold in the palm of their hand the destiny of this country. You may not want to hear it but its true. Maria biden talking covid19 from wilmington today trump will address the National RepublicanCongressional Committee, in washington. Well be following all of that. Portland oregon has worst air quality from the smoke and west coast wildfires. The smoky skies forcing Alaska Airlines to suspend flights in and out of port land and spokane for 24 hours. Airline now resuming flights with a reduced schedule. That smoke now drifting to the east coast, stretching to parts of new york, and washington, d. C. Pretty incredible actually. The city of louisville reaching a record 12 Million Dollar settlement with the family of Breonna Taylor shot and killed by police in march. Its only the beginning of getting for justice for breanna it is time move forward with the criminal charges. Because she deserves that. And much more maria police use a no knock warrant on her apartment during a drug investigation those warrants no longer allowed sledges also calls for a series of Police Reforms including new warrant approval process. Looking at market this is morning attack a look we are looking at a firmer tone investors awaiting comment from Central Bank Later today. It is expected rates will remain unchange we know that power has told us rates will be near zero until 2024 also all of the retail sales will be out in about two and a half hours. Join megaright now is Iht Wealth Management steve, also joining conversation this morning, fox businesss Dagen Mcdowell and former home depot chrysler ceo bob. Great to see you guys this morning. Thank you so much for being here. Welcome back to you bob, steve let me kick it off with your your take on markets with this slow move up. For the major averages, we have a little bit of a correction in tech, last week, but would you allocate new capital to markets today . Yeah. We needed that correction too. It has been too long of a run in that area. I love the tech been a big fan for years talking about it on tv but the reality is it got way over ahead of itself. I would wait on the sidelines even further on the text part. Especially with the election coming up. We know youre going get a couple of pops im not saying theyre not going dongt to look for the money but look to pullback and jump in on rebowngdz like last week jump in a bunch. Youll probably see another five or 10 down swing in the next month or two so wait on that. Especially were in a volatile time right now with the election. With the virus, with all of the headlines that are out there. You can pick your points you dont have to jump in on the top part at all times. What is your take in the ipo market youve got snow flake going public tech company hitting market later today with a reported price of 120 dollars share. This is a Berkshire HathawayCompany Evaluation of 33 billion dollars is this a sign of strength for markets that we can see such a big deal getting such a good reception . It is getting huge reception and its surprising to up one another 15 in the last week or two of expectations. Im not going in right now guys. I just cant do it. Theres 14ipo this week and biggest week in six years. Its ahead of itself. You its going pop today we know that with all of the expectations to jump 10 and 15 and not going to help unless youre been on it so wait let it rug out in necks week or so you can get a better evaluation on this and better price theres no reason to buy in on the top again with this. This is like the epitome of the over enthusiasm that were seeing in the tech market right now. It is a good company. Kind of like tesla good company, crazy evaluations. Youre seeing same thing in this area right now with the ipos. So what about the back drop in the economy . Bob nardeli sales and a window into the consumer how do you characterize the back drop right now for the economic story right now bob . Maria good morning. I think it is mixed. If i would agree i would agree with steve. You know, we have a lot of certainty of uncertainty. I think there are some i dont to call them winners and losers but certainly some of the Retail Market it is that support the housing industry are extremely strong if you look at home depot if you look at lowes and Tractor Supply like lumber so real, you know, winners if you would call them that or people that are yet favorably impacted by this pandemic and then, of course, look at hospitality in some of the others airlines, manufactures, jet engine manufactures like jennie that are suffering right now and seeing a lot of layoffs. So i think we a mixed, mixed bag here. I think some of the Retail Markets will do well. And others will still be suffering when we hear the report at 8 30. Yes. Steve your take on the back drop here. Obviously, you want a Strong Economy for a stock market to see strength as well. Real quick. Yeah. Just like we were saying you are right. Retail space it is beat up right now i dont know how you can jump on it unless youre talking about home depot and parts that are taking advantage that have. We like walmart end the world were using them as a tech proxy right now because they are going to try to compete with amazon. They can get in way lower evaluation comparatively and one of the few companies out there right now that actually has the infrastructure and the ability to get to that barrier of entry to compete with them. It is not going to just be amazon world love amazon a Great Company but there will be competition. So if youre going to go that area you have to pick and choose and look for a good theme like that. Maria all right steve thank you so much for weighing in this morning good to see you sir thank you have a great day. Meanwhile tell you about Hurricane Sally a category 2 hurricane with winds topping 100 miles an hour. The storm drenching parts of the gulf coast lets get right to ashley, shes live in mobile, alabama ashley good morning to you. Reporter hey, good morning, maria, yeah here at mobile bay 30 miles from gulf shore and 45, 50 minutes from pensacola has been getting hammered all morning long from this hurricane. Now this did make land fall sally made landfall about 30 minutes ago or so. We got the official word from that. Another thing i do want to point out theres the upwards of 400,000 people without power right now. Because of this storm, and it will kind of lull and it will strengthen and that wind and that rain will just really whep you around. It is also expected to create up to 5 billion dollars in damage this is hitting really hard in alabama very, very hard in panhandle of florida. As i said, weve seen all of these power outage weve actually seen about 20, 25 of the transformers blow all residential and marina saying this is a major flooding event not just a let this go a little bit. But even though the hurricane made land fall this is a very long weather event the flooding, up to 30 inches of rain is expected to drop. Here, and this area, as well as in the panhandle maria. Maria wow. Be careful out is there stay safe ashley. Thank you so much well get back to her to check on conditions. Were just Getting Started this morning the war against the coronavirus. Eli lilly steve ricks hering me for a first on fox interview with breaking news you do not want to miss also this Morning White House chief of staff mick mol vainny white house haley is here and a lot more and first apple showing off new apple and services. 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We do this, together. Bounce forward, with comcast business. I appreciate what makes each person unique. Thats why i like liberty mutual. They get that no two people are alike and customize your Car Insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Maria welcome back President Trump face to face with vote for first time during a televised town hall with abc news in philadelphia. The president fielded questions on a variety of topics including administration handling of the coronavirus. Watch. I didnt down play it. I actually in many ways i upplayed it in terms of action. We did a very, very good job whether you call it talent or luck it was very important so we saved a lot of live when is we did that. Maria this as joe biden made a First Campaign stop in florida yesterday. Joining me right now is the editor in chief of the Hill Bob Cusack it is great to have you this morning. What did you think of the president s town hall . Hes a good counterpunch it was a unique situation doesnt do a lot of town hall so he was being interviewed by George Stephanopoulos and read voters and some of the arguments weve heard before on the economy which is fairly strong and republican strong point going into the election. But trump still has the advantage over biden on that. I thought it was kind of weak his sans answer was on health care and been Promising Health care plan for years and could be a real vulnerabilitity for the republican parties on election day. Maria you know bill gates with the microsoft cofounder slam u. S. Response to the covid19 pandemic in an interview. Took aim at the Trump Administration and cdc criticizing overly complicated test and lack of disease specialist on the task force what do you make of him gates stepping out on this . Not a good line for the president but president needs to make covid is, obviously, the big issue of 2020. Its not how you get into crisis. Its how you get out of them and if you know if we as a country can make progress over the next seven weeks thats going to be a good they think for the president. Certainly i think the if beginning can be criticized has been criticized will be criticized. But it is how where we are around halloween it is going to really decide the election, i think. Maria i think that much of the media has sort of written off the fact that he did close down travel on january 31st which was a really big deal. Now in a new piece for the hill out this morning you say oklahoma officials raise red flags before President Trumps fin Door Campaign rally in tulsa tbhak june what more can you tell us, bob . Rntion these are internal documents i got through a freedom internal email in days leading up to that controversial tulsa rally Oklahoma Health officials are raising red flags that this could be dangerous and one of them estimates that in between two to 10 people would die because of this indoor rally. You know, tragically herman cain died we dont know if it was because he is there without a mask. But certainly some people connecting the dots there. The governor got covid after that. Rally he said he didnt get it at the rallies but document shows a conflicts between governor and his own public Health Officials governor did not comment for this article. At least not yet. Maria you probably saw yesterday that misstep that Kamala Harris said by calling it the Harris Administration. Whats your take on the harris biden ticket at this point was that a party in slip . It could be and you want your Vice President to be loyal. And that gets a lot of attention when you call it Harris Administration so. So it could be, and thats certainly why there was speculation as you know maria, that maybe harris wouldnt be the pick maybe biden wasnt comfortable with her. So you have to choose your words carefully that was a bit of a gap by senator harris and we havent seen that yet that was i think the first one. Maria yeah bob good to see you thank you so much. Bob cusack from the hill joining thus morning. Coming up economic depression President Trump warning over what could happen if joe biden is lengted. Well take look at that then banning together. Selects like Kim Kardashian west an Leonardo Dicaprio now vowing to freeze their social media accounts. Stale with us. Incomparable design makes it beautiful. Stateoftheart Technology Makes it brilliant. The visionary lexus nx. Lease the 2020 nx 300 for 339 a month for 36 months. Experience amazing at your lexus dealer. Aso the national eye instituteon did 20 years of clinical studies on a formula only found in preservision. If it were my vision, id ask my doctor about preservision. Its the most studied eye vitamin brand. If it were my vision, id look into preservision. Only preservision areds2 contains the exact nutrient formula recommended by the nei to help reduce the risk of moderate to advanced amd progression. I have amd. It is my vision so my plan includes preservision. You have people that arent wealthy but have done quell because of the stock market. I have, i have set records on the stock market even during the pandemic. And that doesnt happen by accident. If joe biden ever got in, i think you have a depression of the likes of which weve never seen in this country if you look at his policy where is he wants to raise everybodys taxes, you look at what he wants to do in terms of regulation where he wants to put all of the regulations back on that i took off, and then some and many cases double it up, youll have a depression the likes of which we havent seen in this country. That was President Trump speaking out on the economy last night during his town hall on abc. Dagen did you watch the town hall what was your reaction . E watched some of it clearly there were some of these questions looked like setup. And in terms of they look like hard core biden vote percent quite frankly number one, and hes got to be ready to answer those questions no fault on that. But in terms of the stock market, the president will be better off talking about Income Growth and getting people back to work here. And talk about where we were as a nation in terms of our economy before the coronavirus shutdown. The stock market is a very, very fickle thing and it can blows up in your face for any number of reasons. Like, you know, the Technology Stocks that have driven market up as they get weak. Better to focus on incomes, h