That they have killed five suspected terrorists they were wearing suicide belts which authorities detonated in controlled explosions. Police say both incidents are linked President Trump responding to the attack tweeting the United States condemns the terror attack in barcelona, spain an will do whatever is necessary to help be tough and strong, we love you. Meantime, lets check the markets. The dow fell 274 points yesterday. The second worst session of the year but as you can see, its 1. 25 a big number, but 1. 25 . We always need to mention both because somehow we snuck up past 20,000, so that the big triple digit numbers on a percentage basis need to be put into perspective. It gets people nervous on a late thursday especially a late session selloff, that leads into friday its not awful necessarily this morning, but it is down, showing continuing losses. Treasury yields, the markets rallied sharply yesterday. Back below 2. 2 on the tenyear thats whar what wet were loot today. It was red earlier 2. 189 on the tenyear. I thought the euro might be over 118 at this point, it wasnt last i looked. 117 still. Not a lot of movement there. Overnight in asia, it wasnt quite as weak as it was abou the same in europe something that technicians are writing about, a lot of stories about some reemergence of the hindenburg technical problem it looks at nonconvergences between the dow, s p and ge. Ge, a multinational with operations everywhere. When something happens to those three things, i dont know the derivation, but i assume its bad. The idea that ge you wonder how outdated that might be the idea that ge indicates anything anymore did you see ge yesterday 24 24 all the stuff, the back flips getting above 27, well do this, reail gallocating this prepare r the future with this, it was 60 at one point, now 24 worst performing dow component over the last i dont know how many years do we care about the hindenburg . Scary name, but with ge i know nothing about this i will try to figure it out. Nickel was a alcoa alcoa i dont know if General Electric matters in terms of i wouldnt put it in a technical indicator anymore. Lets tell you about other stocks to watch. I dont think these are part of the gap gap could be in the hindenburg replace ge with the gap images in here with this. Gap posting betterthanexpected earnings. The clothing retailer raising its fullyear forecast, positive results thanks to old navy products, fewer discounts and Inventory Management efforts thats good news for a company thats struggled shares of raw storage jumping. The retailer posting earnings and sales above wall street estimates and forecasting sales and Earnings Growth for the second half of the year. Profits at thapplied materials beating the street you dont want to miss the companys ce ocean, garceo, gar, at 11 30 today im reading about the hindenburg its right 30 of the time has all these crazy things, including the mcclellan oscillator the issues of a specific exchange hitting 52week highs and lows has to exceed 2. 2 , the number of those issues in the exchange okay well follow this up and talk about it more later today. In political news, President Trump scrapping plans for a new council on infrastructure. Eamon javers has more on the latest on councils that seems to be falling apart no resignations or firings from the trump team this week, despite the speculation that there would be a shakeup on team trump in the wake of that Fiery Press Conference on tuesday. All of his aides and staffers seem to be remaining yesterday an indication that the white house may be having trouble in the wake of the charlottesville incident in attracting new support they pulled the plug on an Infrastructure Panel they were trying to create heres the statement the president S Advisory Council on infrastructure which was still being formed, will not move forward so much of this speculation has focused on gary cohn, the president S National Economic council director, former Goldman Sachs executive. Would he stay or go . The white house putting out a couple statements yesterday. The most recent one is nothing has changed. Gary is focused on his responsibilities any reports to the contrary are 100 false this has been a very tough week for some of the president s supporters in Corporate America. I want to draw your attention to a quote from billionaire home depot founder ken langone. He was quoted address sayis saye president has blown it he said i had high hopes he has blown a great opportunity. He completely mishandled charlottesville. How can the president repair his relationship with Corporate America . Thats a big question facing him when he returns to washington next week. Today he is expected to go to camp david where he will deal with south asia. The Vice President has come back early from a foreign trip. He will join the president there. Were told thecleared his schede weekend should the president need him eamon, thank you. Joining us is semien hyman and j. J. Earlier we were talking about the vix, the hindenburg and ge at one point it was up 30 , the fear index i said i forgot but kinnehan is coming up. Its from low levels, but in this case were do for something. Sometimes it starts like this, doesnt it yeah. Ill say this, everybody is talking about the political ram if i kegs of yesterday, really you have to look back to earnings walmart and cisco were as much as theres intrigue about politics, walmart and cisco started this cisco the night before last, walmart yesterday morning having disappointing sales on sams club, about 6 of their revenue. That started this. Vix jumped, then bonds and gold started to jump. The three primary risk measuring jumping on the same day. Its something to be concerned about. As we look at the s p 500, last night we stopped at 2430 we can go down to 2412 before we see some support overall today you will see people on edge a bit certainly early in the day as we come into the opening. I would be surprised to see, you know, so many times weve seen vix jump, the next day its back down 20 it would surprise me to see that quick selloff this morning didnt help im not putting, you know, barcelona, im not using that as an excuse to talk about the stock market but when that happens again, and over the years, you know, there was madrid, there were multiple terrorist attacks. The case has been made that the markets are used to these things now, and snap back quickly but you cant help it, when you see Something Like that, no one its just a sickening feeling. Suddenly were reminded, theyre there. Theyre still here, theyre plotting every day to try something omewhere that wasnt a good thing at all yesterday. Doesnt affect the markets directly, but doesnt make anyone buy stocks. Theres more important things to b think about. These moves are not anything to be concerned about. The s p is down 2 , but the barclays ag is up 25 basis points this month. Thats not much of a diversification benefit. Earnings, aside from a couple of disappointments, top line was up 10 , 5 on sales, 0 on earnings so you have that support there the question is where else are you going go the options are tilted towards development in International Markets to defend against weakness in the u. S. Suddenly we stop talking quite as much about north korea, but i guess isis is still something. Thats not going away. This is a generational i think thats right. Your vix comments, we are taking sort of two steps forward and one step back. The vix popped about 50 on the north korea flair up came about halfway back, yesterday the vix popped about 20 , 30 there is opportunity for trading around that. You have to be careful that step back can be quick. In fact, there was a lot of short trades on volatility coming out of the two pops even if you look at the losses from yesterday, big numbers on the points, but it only gets you back to where you were three weeks ago for the dow, five weeks ago for the s p 50 500. What do you tell people to do at this point . Do you think this is the beginning of a bigger selloff . Every time we had a selloff over the last five years, it has paid to be a buyer i guess the if i was looking at it as a football play, it would be like keep running the play until it stops. That being said, i think people have to be cautious. Theres you know, theres so much noise around the market the market has absolutely ignored everything but earnings. As rightfully it should. Earnings drive the stock market. When there is this much noise and it seems like theres been a cascade of it over the past two weeks, i would tell people to be more cautious. You dont have to buy the bottom or sell the top. With that being said, anyone who enjoyed the ride that we have had since the election basically, and has done absolutely nothing should be looking at their portfolio overall and saying should i perhaps lighten up if we go down, its another opportunity f we go up, one mistake that retail traders make, they look at this world in an all or none type of way. Most professionals i know look at the world in an iterative type of way. So now may be looking at maybe taking risk off the table with whats going on with isis, north korea, any unexpected thing that may happen and there is a lot of political noise at the moment. Some number of sessions without a positive result, but do you know anything about the hindenburg i know nothing about the hindenburg as a child, as a teenager, as an adult, have you seen the damien i have seen all three of them i never checked your scalp out maybe a little 666 when gregory peck finally looks those are scary movies. That kid was a good actor whats wrong . I wanted to go back to high yield spreads, away from the movies what about the hindenburg you knowing in about the hipdenbehipd e hipdenbehipd e hindenburg i will look at the high yield blips as opposed to the hindenburg do you know anything about it becky says it never works. I know more about the movie than i do about the signals, joe. Yeah. Okay they remade it, too. I dont think the remake is quite as good. Doesnt have the excitement it once did. The Jurassic Park guy played damien as an adult. Did you see that yes sam neil. The guy who is the professor . Yeah. Theres another annabel out, too. I went back and i this is what i found on amazon prime, Sorkin Netflix has this is similar to anna bshg annabel, and its really bad okay thank you. I spent some time this morning reading this, Travis Kalanick now officially firing back against benchmark capital the former uber ceo filed legal documents against the Venture Capital firm arguing its lawsuit was initiated as part of a public and personal attack on him. This is kalanicks first court filing since benchmark sued him to force him off the uber board and rescind his power there. Benchmark citing fraud and deception. What happened i dont know. I dont know i cant fathom i dont think it ends well i dont know if it ends well for benchmark nor travis nor to have infighting like this, you know, dueling lawsuits i dont know if it ends well for uber yeah. Theres no ceo, theres no cfo. Theres nobody running the company. I like this whole story, because shervin is a friend of ours fshlgt we should call him. And hes doing the hyperloop. Im changing subjects here. Did they really get government approval to start doing that we never heard. We saw the tweet from elon musk saying regulators i dont think so. I think somebody told him dont you want it to happen yes, i do dont you think it would be cool i do. I think you have to live for a while for that to happen is this really better than a hyperloop discussion only because its the news of the morning. And its a deal you like it. Energy Capital Partners in agreement to buy power corporation. The private equity firm will pay 15. 25 per share in cash for the company. The deal could be officially announce td as soon as today. When we return what happened nothing he was being himself. Who was being himself you lost me a little. Calpine is a member of the that company went to Single Digits a couple of times theres a new standalone star wars movie. I know. Can you get excited about that no, i cant well tell you about that after the break. So you miss the big city . I dont miss much. Definitely not the traffic. Excuse me, doctor. The genomic data came in. Thank you. You can do that kind of analysis . Yeah, watson. I can quickly analyze millions of clinical and scientific reports to help you tailor Treatment Options for the patients genomic profile. You can do that . Even way out here . Yes. Even way out here. Even way out here . I know when i hand them the its gonna be scary. Car but i also know that were gonna have usaa insurance for both my boys. Its something that theyre not even gonna have to think of. Its just gonna be in the family. Were the tenneys and were usaa members for life. Livestreat the airport. E sport binge dvrd shows while painting your toes. On demand laughs during long bubble baths. Tv on every screen is awesome. The Xfinity Stream app. All your tv at home. The most on demand your entire dvr. Top networks. And live sports on the go. Included with xfinity tv. Xfinity, the future of awesome. Check this out i was reading this, i thought, great, were going shares. The story is the most expensive stadium ever built for High School Football. What state did you think texas i tint even read didnt even. Any doubt friday night lights 12,000 seat stadium in a place called caty, texas, probably near a big city but really 12,000 seats 70 million to build the field is named after mike johnson who coached the caty tigers to three state football titles in seven years. School Officials Say the stadium will benefit teams from eight different high schools and host more than football other uses will include drill teams, band, cheerleading, soccer they had to throw all that in. They couldnt say were building a 70 Million Dollar stadium for a High School Football team. But in texas, this is what you do thats it. Where else could it be . I didnt read the story, but i figured techxas. Delaware. Maybe not. Mondays eclipse expected to cause traffic jams in the area where the full eclipse will be the longest but also expected to jam cellular networks. Some of the Rural Area Networks werent built to handle the influx of people at t expects video usage to be high during the eclipse. The four largest u. S. Cell phone carriers are deploying portable towers to many areas such as hopkinsville, kentucky, a small town where the eclipse will last the langeongest duration of thre minutes. For more, go to cnbc. Com do you have plans no plans. All i can tell you is years ago, 1999, i went to cover the last major eclipse of the century, cornwall, england. That was the best location to see it i dont know if it was millions, but hundreds of thousands of people descended on the place, and then it rained i know people who have reservations in three different places who sent you there . The New York Times i was working for the New York Times. It was 1999. Was it going to cause merger and acquisitions no it was august. All of the reporters were on vacation all of wall street they called me and said could you go i was 21 or 22 years old, i could not rent a car back then, you had to be 25 from. You didnt know how to drive a car back then. I called the editors, back then they said get a driver. Newspaper business i was driving around you couldnt find a driver, so i hired a these Companies Like the wedding drivers, we had a we got a fancy car driving me around cornwall. Then it rained it was a funny story any way so theres no y2k issues, are there . People are trying to no, i remember writing about those, too yeah. This is going to happen and be gone, it will be like, oh i think, isnt it . Its exciting its fun to see a social movement that gets the world kogt a together and thinking about something lighter. Lets take the day off take the day off and look at the eclipse. Um maybe move the show to one of these locations. You can do it afterwards. It doesnt take place during the show thats true. Will be forgotten quickly, i have a feeling its fun. Its kind of an interesting thing. You buy lottery tickets, too. Im not going to the eclipse, my parents are once the lottery is over, do we still talk about it . No, but its fun. Isnt it a half billion dollars now . Is it really . Yes where is my ticket . Well do it after the break Obiwan Kenobi that was the most exciting news of the day. Obiwan kenobi is getting his own franchise. Disney keeps working on these youre a movie guy, all you do is talk about movies. I know, but from the 1920s, i know. Are they remaking war of the worlds . Coming up, ceos distancing themselves from President Trump. What it could mean for his legislative agenda later, Scott Mcnealy told us when Trump Took Office it would mark the end of eight years of waterboarding for the business community. Well check back in with him at 8 40 a. M. Eastern. 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