Jab holdings buying panera bread more than 7 billion. I hope you brought your appetite because power lunch starts right now. Thank you, melissa, and thanks to a big jobs number we have a nice little rally on our hands. The dow posting its biggest oneday gain since early march. The last time i checked just moments ago there was only one dow stock lower. That was Cisco Systems and it was barely down. Oil and energy a big driver as well. Crude may be off its highs of the day but it is still back about 51 a barrel. Banks and technology also big winners. One notable loser, though, valiant pharmaceuticals, now trading in the Single Digits down 97 from its highs of two years ago. More now on todays market action, bob pisani live on the floor of the nyse where the good continue to roll. Bob . Reporter and this is good times. This is a broad wrally, brian. 29 of 30 dow stocks on the upside. Ill show you how broad it is. Put up five of the big dow movers. You have Consumer Discretionary group, mcdonalds doing well, all the Health Care Stocks up. All the big industrials like caterpillar up. Caterpillar has had a great two days. You have the oil stocks moving as oil is moving towards 52. And then you have the tech names, even ibm and Goldman Sachs is up. 50 dow points, about a third of the dow movers just in these five stocks. You can see whats going on with the ipo business, very succe successful Pipeline Company today. Play on yield, 6 yield, play on oil moving up, and its a play on stronger market overall. This is a very impressive debut, bodes well for the ipo market. Whats the market doing . Its resilient. Did you see the action the last three days . Every single day in the last three days weve been down in the middle of the day and somehow the market keeps coming back. Its resilient. People want it lower so they can buy lower not because they think things are going down. Leon cooperman, the most important comment he made, conditions that would bring a significant market decline are not present. And, folks, i think thats the way the majority of the traders down here feel right now. Back to you. All right, bob, thank you very much. Good afternoon, everybody. Im tyler mathisen. Youre looking now at a live shot of the white house rose garden where President Trump is about to hold a joint News Conference with King Abdullah of jordan. We will take you there live as soon as it begins. Todays meeting comes amid rising tensions around the world and most he especially focused jordans neighbor syria. North korea, meantime, test firing another Ballistic Missile into the sea late yesterday. This comes a day ahead of chinese president xi zing pinnings visit. Horrific images coming out of syria, a suspected chemical attack. We need to warn you, these images are quite graphic. At least 83 people have died including 25 children in this attack. President trump condemning the act calling it reprehensible. We could hear more about all of those issues, Big International stories, when the president s news kvens with the king of jordan gets under way. Our eamon javers is in the rose guard wen a previarden with a p. Reporter just after the news broke that steve bannon, the president s adviser, has been removed from the National Security council. I talked to a senior white house official just a little while ago who is minimizing the significance of that, but you can imagine that it will be on the mind of a lot of reporters here. The white house saying that b n bannon was only on the National Security to serve as something of a check on mike flynn who was the previous National Security adviser. That raises one question which is why would the president he have a National Security adviser he feels he needs to have a check on. But ultimately what the white house is saying here is this was a situation where receive bannon was in place to help deoperationalize the National Security council, to take it out of the daytoday foreign and military policy decisions of the United States and to ratchet its significance down. Now that h. R. Mcmaster has been approved the new National Security adviser here at the white house they say that was simply unnecessary. So that is one issue that could come up here in the rose garden. Of course so many others including that horrific attack in syria that tyler was just talking about, that will be on the minds of officials here and, of course the king of jordan such a key ally for the United States in the region. Back over to you guys. Absolutely. And as we await that event, lets bring in marc ginsberg, former ambassador to morocco. We talk about King Abdullah coming to the white house, that were back to u. S. Foreign policy in the middle east the way it used to be for a very long time. The last time he came, Obama Department meet with him. He criticized the saudis as free riders. Now it feels like things are the way they used to be. Mr. Ambassador, is that a correct assessment of what were watching unfold here . Lets call it the ascend aan of the monarchs. After the summit held in jordan just last week, King Abdullah here is coming officially as the leader of that summit to report to the president on a variety of issues. Of course theyll talk about syria. Theyre going to be talking about egypts recent visit, the egyptian leaders visit to washington a few days ago. Theyre going to be talking about yemen and will be talking about the horrific attack that assad committed against his own people yesterday. So theres a variety of issues and, yes, it seems that the rebalancing has occurred in the Trump Administration back to where it belongs with our best allies in the rehe john. And that as we watch secretary of state Rex Tillerson walking into the rose garden getting ready for this event. We see gary cohn to the right as well. Miss kay, let me bring you in. All of these issues, can anything be done on syria . I dont know if youve seen secretary tillersons statement on syria today, condemns the attack, noticeably, but at the same time says, you know what, this is russias problem. They and along with iran have to hold assad accountable. What does that mean for the u. S. . Well, i think that in many ways policy has been changing especially visavis iran. When it comes to syria were actually seeing a good amount of continuity, great frustration with the horrific acts of the assad regime and alleged crimes against humanity and especially with this recent attack. But its a very, very difficult situation with the russian backing there and it doesnt look like the Current Administration is any more eager to get into a war there than the previous one was. So while were going to see a lot of condemnation, rightly so, i think actual u. S. Policy will be very difficult to change course. We are likely to see activity in the u. N. Thats something the Previous Administration also attempted. But it will be very difficult to get anywhere without russian and chinese support. So were in the same dilemma weve been in previously, unfortunately. So, dalia, its very interesting you would not expect to see this administration, the Trump Administration, President Trump, do anything materially different than the Prior Administration which he was very, very critical of with respect to its posture towards syria. Well, of course its always hard to know, but i would say with respect to syria im not generalizing but with respect to syria its a tricky situation with numerous players involved in all sides of the region and a global conflict with no clear solution. I do think there has been some talk of trying to create zones of stability or safe zones. Thats something weve heard from outside of government in previous years. Theyre very, very difficult plans to implement. I think the administrations focus will continue to be on the Islamic State in syria. A lot of people will be noticing, tyler, that what was so different was that, remember, president obama first said line in the sand, the use of chemical weapons, were going to do something. Right. That is not being said by this administration. On set, jordan is a gas country. What is the strategic importance, however, of jordan with respect to the middle east and our oil and Gas Producing . Its such an important strategic ally. Its a traditional sunni gulf state. They cooperate a lot with us on military exercises, a reliable u. S. Ally, on a whole host of issues. But syria obviously is an important event because theyre dealing with a tremendous refugee crisis because of syria. Their Economic Resources are vitally strained by this conflict. I do think this is an issue King Abdullah will bring up with President Trump because from jordans standpoint there has to be some effort does he have the power or respect in the region to do anything about it . In the case of trump, i dont think he has the propensity to do anything about it. President he obama did draw a red line. He said assad must go. President trump has made none of those pronouncements. It will be russia. Were not going to ask assad to leave. Were not going to put human rights at the top of our agenda for the middle east. Its a very clear change in policy. We see Melania Trump has just walked in and the queen as well. Good spotting there, melissa. I didnt see that. She slipped right in. Ambassador ginsberg, do you want to weigh in . I know youve spent a lot of time trying to figure out the situation hold on, sorry. We have to interrupt you because here comes President Donald Trump and King Abdullah of jordan. Thank you very much. Your majesty, thank you for being with us today. Very much appreciate it. This is our second meeting since my inauguration but our first at the white house. A very special place, i can tell you that. Ive gotten to know it well. Long hours, very special. Before we begin let me say a few words about recent events. Yesterday a chemical attack a chemical attack so horrific in syria against innocent people including women, small children and even beautiful little babies. Their deaths was an affront to humanity. These heinous actions by the assad regime cannot be tolerated. The United States stands with our allies across the globe to condemn this horrific attack and all other horrific attacks, for that matter. Your majesty, jordanians are known for their legendary hospitali hospitality, and we will do our very best to be equally gracious hosts. Theyre also known, however i have to say this for their fighting ability, and you are a great warrior. And we appreciate it. Thank you. The historical ties and close friendship between our two countries dates back threequarters of a century. In that time the middle east has faced many periods of crisis and unrest, perhaps never like it is today, however. Through them all america has looked to jordan as a valued partner and advocate and a source of ability and hope. I am deeply committed to preserving our strong relationship, which i will, and to strengthening americas longstanding support for jordan. And you do have tremendous support within our country, i can tell you that. As we know the middle east and the entire world is faced with one of its gravest threats in many, many years. Since the earliest days of the campaign against isis jordan has been a staunch ally and partner, and we thank you for that. Jordanian Service Members have made tremendous sacrifices in this battle against the enemies of civilization. And i want to thank all of them for their really incredible courage. So many have been lost, and we pay homage. So many. In King Abdullah america is blessed with a thoughtful and determined partner. Hes a man who has spent years commanding his countrys special forces. He really knows what being a soldier is. That i can tell you. And he knows how to fight. The king has been a leader in calling for a plan to defeat isis once and for all, and im with you on that. Were both leaders on that, believe me. Thats what we speak about today and that is what we are going to do. And it will be a shorter fight than a lot of people are thinking about, believe me. Weve made tremendous strides as weve discussed. As you know we had a very, very fine delegation come over from egypt and also from iraq and they said more has been done in the last six weeks than has been done in years with the Previous Administration and, believe me, were going to keep it that way. We will destroy isis and we will protect civilization. We have no choice. We will protect civilization. King abdullah and i also discussed measures to combat the evil and ideology that inspires isis and plagues our planet. In addition we also acknowledge the vital role jordan has played in hosting refugees from the conflict in syria. We have Just Announced that the United States will contribute additional funds to jordan for humanitarian assistance. This aid will help countries like jordan host refugees until it is safe for them to return home. The refugees want to return home. I know that from so many other instances. They want to return back to their home. And thats a goal of any responsible refugee policy. Finally, as we discussed, to advance the cause of peace in the middle east including peace between the israelis and the palestinians and im working very, very hard on trying to finally create peace between the palestinians and israel, and i think well be successful. I hope to be successful. I can tell you that. The king has been in a really tireless advocate for a solution. Hes going to help me with that and help me at the highest level, and we will be consulting with him very closely in the days ahead. King abdullah, i want to take this opportunity to thank you for your partnership. Working together the United States and jordan can help bring peace and stability to the middle east and, in fact, the entire world, and we will do that. Thank you very, very much for being with us. [ applause ] mr. President , thank you for such a kind and warm welcome to the white house. I fondly remember the meetings weve had many years ago and more recently several months ago. Youve always been a generous host and have always looked after us. We are very delighted with the way the discussions have gone so far. Were delighted to be here in such a wonderful setting on such a Beautiful Day which i think is a tremendous mark of how were going to move into the future. Weve had a very good round of talks here today, and im looking forward to continuing these discussions later on in our meetings after the press conference. What i do want to say is how much we deeply appreciate the close relations we have with the United States, with you, mr. President , and with the american people. This is a Strategic Partnership that we keep very close to our hearts, and it is a partnership on so many levels with discussions we had today to improve on as we face the challenges of the future. And i am very delighted for your mission, your holistic approach to all the challenges in our region, and to the dedication of your team in being able to translate your policy to actions successfully hopefully as we move forward. The challenges we face today are many and not exclusive as ive just mentioned. They are global and tparticulary the threats to global security. Terrorism has no borders, no nationality, no religion and, will ever, joint action with holistic approach as i had just mentioned, mr. President , is crucial. I am very delighted that you have the vision to be able to move in that direction, and i think the world will be in a very good place as we move with all these challenges ahead. No doubt with all the challenges we face in the world, the role of the u. S. Is key to all the issues that we have around the world but its not just the fact that we should expect the United States to do all the heavy lifting. The heavy lifting has to be done by all of us in the International Community to support the United States in being able to translate that vision into the right direction so theres a lot of responsibility for all of us in the International Community to support to bring brighter days to all of us. We are very encouraged with supporting arab and Muslim States in the fight against terrorism, but it is not only the fight of terrorism inside of our societies but we as Arab Muslim States standing behind the International Community in being able to defeat this international scourge. In syria we need a political solution that ends the conflict in the country and preserve its unity and territorial integrity. As the president mentioned the issue we discussed with the israelipalestinian conflict which is essentially the core conflict in our region. And the president s early engagement is beginning and bringing the palestinians and israelis together has been a very encouraging sign for all of us and i think,