The middle of his president ial campaign . Well take you there live for the details. Melissa back to the markets. The dow hitting a two week high, now positive for the month. Nike the only stock in the dow 30 in the red. Phil flynn, price futures group, fox business contributor is watching action in oil and gold from cme. We have lori rothman on floor of new york stock exchange. Big rally driving story. What does it mean . Well close at session highs today with the dow up 228 points, comfortably above the milestone 18,000. We saw a late surge of buying as we saw a spike in the pound sterling. So the pound sterling against the dollar is up about 1. 2 and that says something. This market believes that the uk will vote to remain in the eu. Lets look at some of the bank stocks. Goldman sachs is a leader on dow. No surprise. These guys have been turning positive since late last week. Bank of america, jpmorgan, european banks as well are strong, pardon me, im getting ahead of myself. I do want to back up to mention the vix because this is a big story. Risk on day today. Risk came in trading level about 17 and change. Two days ago with the brexit worries, that vix was above a level of 20. So that is a huge message right there in terms of Investor Confidence and calmness today. Guys, back over you. David lori, thank you very much. Phil flynn, oil edging just above that 50dollar mark. What are traders saying about the outcome of the british vote and how that might be affecting commodities . Well its a big thing but ill tell you what. One market that wasnt all about the brexit that was oil. There is no doubt david, oil will get a bounce on a stay vote. That means stability. That means demand growth in europe, less of a rick of a recession at least in the short term. Oil traders love that. But we really got a spike later in the day on report out of nigeria, that a pipeline, a Shell Pipeline was attacked by militants. There was hope they had some type of sees fire in place. That is all off. There is a lot of rick of supply in nigeria. Other market of course is gold. It was down five days in a row. It is battle between speculators and commercial. Speculators were bullish. Commercial were bearish. Looks like they made the right bet, oil is up, gold is down. Phil, thank you. Melissa last hour of voting for historic referendum in the uk, british voters are deciding as of course you know whether to leave the European Union. A bit of bad weather might affect the outcome. Fox businesss Charlie Gasparino is in london with late left. He is impervious to bad weather and knows exactly what is going on, charlie, fill us in. In british can survive dunkirk i can survive a little rain. All day it was raining, that was generally seen as positive sign for brexit, british exit of eu. A lot of kids were at a concert. If looked like woodstock again, very put did muddy. More enthuse as sick exit crowd would get to polls. The remain crowd wouldnt. Polls say it is 50 50. Tilting a little bit to he remain. Talk to bookies theyre heavily invested in a remain vote. That is best you can say right now. My guess the markets are usually right about this stuff. Markets are pricing in remain, if theyre wrong, god forbid tomorrow well have one hell of a day. It will be wild trading in u. S. Markets which went up pretty sharply at last hour of trading primary on what people think is remain vote that is definitely coming later this evening. So tonight is the big night. 3 00 p. M. , 3 00 a. M. Our time. Nine or 10 00 p. M. Your time. And well see what happens. Melissa all right. If it is brexit, wake me up. I will be ready to go. Melissa charlie, wake you up . Youre not going to be asleep, you will be at pub taking pulse of everyone there. Do pubs stay open at 3 00 around here . Melissa i think so. You figure it out and get back to us. You let us know how that goes. Thank you, charlie. Of david, over to you. David no matter what happens he will be up at that time. The dow over 18,000 again. Bring in todays panel. Jonathan hoenig of capitalist pig hedge fund. He is fox news contributor. Dominic tavella. Dom havent seen you in a while. How are you, david . David charlie says markets already priced in a stay vote, but what happens if it is exit vote, how bad will the markets take that . It could be substantial. I heard numbers 10 u. S. Globally. David 10 on dow . The no potentially. Economic impact short term is nonexistent. Doesnt matter. It will take two years for this thing to unravel. But on other hand, europe, eu say staying together, britain is String Holding the sweatinger together. It could literally unravel. David youre laughing at dominics guess of 10 drop . I remember back to the year 1999 all the predictions about the y2k, year 2k problem would send all computers in a tailspin. The thing with welltelegraphed market events, because theyre so welltelegraphed people hedge them bevacqua the cataclysms actually unfold. I think the vote will go towards brexit and britain will leave the u. K. The fact pound is doing so well, near yearly high, suggests it will not be market cataclysm. David even if there is stay vote, markets are calmed by the notion stay votes are the markets getting a little heady right now . Were facing barrel of a shotgun with the Federal Reserve looking to raise Interest Rates and britain coming out of the eu. So combination of two, people in markets were walking on eggshells. We eliminated one. Hopefully we eliminate number two by tomorrow. Then markets have time to focus on real Economic Data which has not been horrible. Of course the election in the fall. David good stuff, guys. Melissa not a bad start for biggest tech ipo of year. Twilio surging in first day of trading. Jonathan hoenig what do you make of a jump like that. This is something, melissa, not just a tech ipo but venturebacked ipo. This is one of the unicorns, privatelytraded companies that have absurd valuations that is actually coming to fruition. Yes, market is certainly strong over 18,000, but the fact this ipo came to market and did so well suggests maybe this tech drought is no longer a drought. Melissa but of course the question is always, is it sustainable . Dominic, does it stay there or one of these stocks that comes out and dies . To jonathans point there is a lot of these unicorns and there is so much capital out there, venture capital, private equity, they didnt even need to venture out in the weather to see what the temperature is like this. Is pretty courageous for this company to do it. Hopefully portends for good things going forward. Melissa jonathan, is that what you meant . There are not a lot of unicorns anywhere . That is the whole point of a unicorn, it is anomaly . Still even, melissa, Companies Like uber raising money at obscene valuations, there is still a lot of interest in these companies. The fact they have been able to realize that valuation and go public, makes this so defining. The fact the market received it bodes well for technology in my opinion. Melissa guys, thanks for playing. David. David a new report outlining hundreds of terror plots in the United States foiled since 9 11. Most involving foreignborn suspects. The former policy director for dr. Ben carson, shows politicians like president obama and Hillary Clinton have been burying their head in the sand. Melissa vulnerable to viruses. Why state department stopped crucial security features to receive email from Hillary Clinton es private email server. Have you seen this one . Incredible. Supreme court striking a blow to president obamas immigration plan. Promise you this though. Immigration reform will get this done. Congress will not be able to ignore america forever. 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David well president obamas immigration plans have been put on hold at least for the moment. The Supreme Court blocking his plan to shield millions of People Living in the u. S. Illegally, as many as five million from deportation. The president using the ruling to slam republicans who he says refused to deal with the issue. Unfortunately republicans in the house of representatives refused to allow a simple yes or no vote on that bill. So, i was left with little choice but to take steps within high existing authority to make our immigration system smarter, fairer and more just. David yeah, but wont be able to do that now. Here is rich lowery, National Review editor, also fox news contributor, and christie setter is new Heights Communications president. Thanks for being here both of you. Rich, is this good or bad for the economy . I think it is good, first of all, just on separation of powers ground because congress doesnt act, it doesnt allow the president to go and create an immigration system more to his liking. David right. But specifically on the economy itself, you know, there is a big debate about whether immigrants provide more to the economy in terms of doing jobs, legal immigrants or u. S. Citizens dont want to do, or whether they take more out in terms of public services, what do you think . I think low skilled immigration what were talking about with Illegal Immigrants provides perhaps a small net benefit to the economy that comes at a cost of lowerskilled workers who have to compete with the additional labor. But also, Illegal Immigrants, they have children, they to to hospitals. Their children go to schools. There is also a fiscal cost that comes. Netnet, i think its a minus. David christie, just education alone is estimated from 40 to 50 billion a year, educating all of illegal immigrant children here in the United States. There are a lot of other costs added on. Arent we better off without this, the president s plan . No, were not. Look there is reason why everyone from the u. S. Chamber of commerce to president george w. Bush tried very, very hard to get Immigration Reform done because they understand that immigrants are, going through the legalization process very much a net benefit to our economy and to the fabric of america, right . To have diversity around us. David but hold on a second this is very disappointing decision. David isnt fabric of america held together by laws and to immediately grant with would essentially be a minor form of amnesty for five million Illegal Immigrants, kind of tears that fabric apart, doesnt it . Well you know, what it does, it would tear families apart, right . Were talking about the fact in a lot of these families the children would be considered, legal to stay here but the parents would not. What are you going to do . Will you deport millions of parents of children legal to stay here . And then, make them orphans . Again practicalities of this decision are really gutwrenching and heartbreaking. David rich, what about the idea that a lot of democrats are saying look, Ronald Reagan had a huge amnesty program, millions of Illegal Immigrants. Of course it was done by law. Wasnt done by executive edict the way the president did it but what is the difference here . There is not much of a difference, why socalled comprehensive Immigration Reform didnt pass in congress because the experience of 1986, we had amnesty and enforcement was supposed to come later around enforcement never arrived. The bills that were rejected by congress were structured in the same way. A rational policy, enforce at border, enforce most importantly at place of employment through the everify system and then that is not why it failed in congress. That is not why it failed in congress, if we have a wall, enforce it at border and allow for kind of amnesty similar to one president obama wanted, would that be policy you would support, rich . Sorry, i missed that, david. What i support is enforcement first. Then we can have a conversation about Everything Else later. You look at the low end of the labor market, these are people whose wages have been stagnant. Labor force participation is very low. We do not need more lowskilled immigration. We just dont. David christie, what about enforcement at border . I know youre in favor of the president s plan but would you also enforce you talk about the sad situation with kids. There are tens of thousands of children being sent over the border alone by their parents that is not good either, is it it . No but look, the, truth is that obama, whether we think this is good or bad thing actually deported more people under his administration than previous president s. That is a myth. It is a myth based on deseparatetive accounting. Eastern he has admitted that number is misleading. President of the United States itself said number misleading. When you come overboarder turned around, that wasnt counted as deportation. They started counting those as deportation. There has been david christie, rich, thank you very much. Appreciate you both being here. Thank you. Melissa after more than 25 hours of chants and speeches on house floor the democrats ended sitin for gun control despite failing to get republicans to vote on two controversial gun bills. Georgia congressman john lewis still says it was victory to make a point to American People and do fundraising. Did you see the emails. David serving dual purpose. Melissa while were sitting here doing this. David surprise, surprise. Business leaders choosing side in the president ial race. Which candidate is now the big names throwing their support behind . Coming up well tell you about that. Historic vote underway in britain. Well talk to former u. S. Ambassador to the eu about the impact that a uk exit could have on the rest of the world. With usaa is awesome. Homeowners insurance Life Insurance automobile insurance i spent 20 years active duty they still refer to me as Gunnery Sergeant when i call being a usaa member because of my service in the military to pass that on to my kids something that makes me happy my name is roger zapata and im a usaa member for life. Usaa. We know what it means to serve. Get an insurance quote and see why 92 of our members plan to stay for life. David voting underway just about 45 minutes left in the uk. The country deciding whether or not to remain in the European Union. Results of this vote could have huge impact on future of eu. We have former u. S. Ambassador to the eu. Good to see you, mr. Ambassador. If britain decides to pull out of the eu, would the eu fall apart . Well, i dont know that the eu would fall apart but it would create difficulties. It would certainly set a precedent and the concern would be that other memberstates where many of the citizens have the same concerns that the brexit supporters have might push for, might push for the same thing. David right. So it could be a problem. About those concerns, specifically what it is that the eu has become too powerful, essentially as trading concept and movement of people concept, has moved into britain and other members of the eu having to accept all regulations, many of which they consider to be onerous. Is there some message to the eu, even if britain decides to stay in, some message eu bureaucrats have to pull back a little . Absolutely. I think that is the case. This is a shot across the bow. And, the eu has to recognize there are grievances that many citizens have, and i think that the eu does have to basically look at itself. It has to become more transparent, to, has to make decisions that are not necessarily overly technocrat technocratickic. David spends less. Forgive me for interrupting ive been to strasbourg. There are a lost bureaucrats dont do much of anything. Have a huge expense account. 27 billion of taxes goes from britain to the eu to support infrastructure they dont like that. I dont know how much i want to get into that. The, overall eu budget is not large compared to most member state countries. Obviously there is waste everywhere. The key point for the eu to recognize there are grievances t has to slow down, forget about more integration for time being. Take steps that will try to instill more confidence in the citizens. There needs to be more growth. More economic growth. It really has to, again look at itself and, take this as a warning that they may need to act david ambassador morningstar, we have to leave it at that. Eu i hope got the