As were learning more about some of her, where some of her phones came from and how they were destroyed. David with a hammer . Whats up with that . Back to the markets. The dow sliding today. Walmart, home depot, merck and Proctor Gamble among the biggest drags on the market but a very different story for oil today. Phil flynn of price futures, fox business contributor watching the action from the cme. And lori rothman on the floor of the new york stock exchange. Lori, first to you. Forget the dow and the s p. Lets focus on the positive, nasdaq. Reporter the s p for its part, david is great story. Youre right, nasdaq a seventh record close this year. Nasdaq composite index with a gain of 8 points. That was enough to put it at a new lifetime high. I was watching s p down. 3 of one point today, at 2186, puts it less than five point away from a lifetime high on the s p today. Trader pointed out to me very importantly over the last 60 trading days stocks have moved in 1 1 2 range overall and that is very significant because were at some really lofty levels here. We have obviously a president ial election coming up. Who knows what other geopolitical events could act as catalysts to send stocks one way or the other. There is a lot of discussion, a lot of writing about if were at the top here and if a correction is overdue. Lets continue our discussion on the good news. Two names, amazon, and facebook, absolutely hitting lifetime highs today. Look at that, facebook up better than 1 . Amazon did fade but hit a lifetime high during the session nonetheless. Look at airlines. Airline stocks soared, love to say that, basically improving revenue outlook for domestic demand hipped airlines today. Back to you guys. Melissa thanks so much, lori. Phil, oil back above 45 bucks a barrel. What is driving it higher . I think it was back and forth today but one of the stories that drove it higher at the end of the day from the Energy Administration information that came out with their shortterm energy outlike. They say Global Oil Inventories will rise but not as much as they thought the last couple years. They predict at the same time, oil supplies globally will start declining in the second half next year. End of 2017 theyre looking for much higher prices but in the short term theyre looking for some stability. Good news about that report, melissa, is that gasoline prices, they are predicting despite record gasoline demand in this country well see gasoline prices continue to fall. Theyre predicting that gasoline prices could call below 2 a gallon in december. What that also means, that will be lowest prices in eight years. Market really took that as a positive. As opposed to a negative. Other thing of course, keep an eye on the fed. Fed comments move the market rest of the week. Back to you. Melissa absolutely. Thank you, phil. David lets talk apple. Apple fans are eager to take a bite out of the next generation iphone. Unveiling new water resistant iphone 7. As predicted they are getting rid of the headphone jack. Some people think that is good news, others not so much. Robert gray from the event in San Francisco with the very latest. Hi, robert. Reporter david, thats right. The headphone jack is out and they will connect through the lightning port and air buds which are wireless and operated by batteries. Theyre going to a new format here which is not all that unusual. Apple done this in the past. They are including an adapter for those with drawer full of old ear buds and including new headphones that connect through the lightning port. Trying to look out for folks there. As far as peripheries go, apple owns beat, they are ready to go and should at j. B. L. As far as other accessory companies, jeff grady, dlo basically created category back in 2000. It never got a heads up, put as lot of folks that make these things at disadvantage. Something in the marketplace. They have to come here to the events and run out with the specs and bill for it. As far as the camera, they improved for that. They have dual lenses. For creative photographers they create depth of field in the Portrait Mode which is added. Battery life. Something folks will want to hear. Longest ever from the iphone. 6 to 7, should get two hours extra. Priced the same, david. One last thing theyre including super mario and a way for pokemon folks to look up into the world except their phones. David all right. I still havent played the game. Dont want to get sucked into it. Thank you, robert. Melissa clay ton morris, fox Friends Weekend cohost, jonathan hoenig, capitalist Pig Hedge Fund and fox news contributor. Clayton, let me start with you. What was the thing that caught your attention the most . You like the ear buds, getting rid of the phone jack, it is flash proof and apple watch. What did you like . I was really supplied the move for apple into fitness. This is shot you saw in the advertising today. They were showing as many people working out, the amount of time apple putting into people swimming. Looked at 400 different swimmers to see and measure arm stroke an all of those different things. One of the big complaints about the apple watch from fitness enthusiasts lack of gps they answered that today. A lot of people will jog with their apple watch and they will wear a garmin watch at the same time because they want the gdp technology with the apple watch, gone now. You no longer need to wear the garmin watch anymore. Wireless component. Being able to leave your phone at home. Put in the apple airpods in your ear and using that, their w1 chip they announced today also. So apples proprietary wireless technology. Listen to music right from the watch to your ear. The big push into fitness was really clear for apple. The partnership with nike as well, with the new nike plus sport watch. That was really interesting. Melissa jonathan, im picturing everywhere you walk people are looking down at their phone already and ear buds in and wire connecting them. Now people will put the wireless ear buds in the morning, never take them out. When you walk past people at work, they will have them in and were totally isolated from each other. Are you looking forward to that . This is a big change, melissa. Clayton is exactly right. The question with with the fitters in and watch is the todays announcement. The big announcement of elimination of headphone jack. Apple has history of this, melissa. Back in 1980s, and graphic interface and mouse apple innovated. Im not necessarily ready to cut the cord from apple. Cant bring myself to do it. Melissa dont do it. Dont do it. Theyre prompting a lot of investors to look at stock which lagged. Nasdaq had alltime high. This could get them to do so. Melissa steven what do you think . Sometimes they come out with things dont think are a big deal. People are disappointed and ends up with being a huge deal. I think this is revolutionary but i know not a lot of people do. What do you think . I agree with you. This is major milestone when you think of the tech world and all the innovations. When you look at the stock price, apple finished up a little bit but over the past few months it has been on quite a tear. That is after it was down a significant amount leading up to the summer. Apple shares might have a little bit of recovering to do here. I think that with this announcement here, it is interesting because these arent necessarily gangbuster or revolutionary changes but a lot of this is leading to what people are anticipating for the next iphone launch next year which will be the 10th anniversary of the iphone. So i know strange were talking about the new iphone now but really there so much focus among analyst what is is come next. Melissa absolutely. That watch thing is a disaster for me. My nineyearold already wants that now that it has pokemon go on it. Forget about it. Melissa thats terrible, thanks guys. David i love jonathans props. Melissa he almost cut it but didnt. David always prepared. Apple with a big event, sony with new versions of playstation 4 and final touches on what everybody is interested in, playstation Virtual Reality the big headsets, all set to be released a month from now. Clayton, pokemon go, i told the world i never played it. I dont know much about it. Only thing i can imagine would beat it would be the Virtual Reality playstation. Thats very cool, no. It is very cool. Two announcements from sony was one of the worst kept secrets in all of tech journalism. September 15th new playstation will have same internals as current one. New hdr provisioner of the playstation. It is exciting and tackle beautiful gradations they werent able to get with their Virtual Reality headset before with the new pro model. It will be really interesting to see how many people gravitate towards it. We all remember microsoft and their kinect and standing in front of it, dancing around and i know jonathan was big fan of doing assume ba classes and doing them all. Zumba i dont know if this catches fire and we see millions of kids wearing vr headsets. David 360 world is extraordinary. We have breaking news. Hewlettpackard enterprises out with Third Quarter results. Lori rothman with the numbers for us. Hi, lori. Reporter hi, david. Hewlettpackard enterprises comes with 49 cents a share. Beat of 44 cents a share estimate wall street was anticipating. Revenue was soft versus expectation of 12. 65 billion, a decline of 6 . This is first time that hewlettpackard enterprise reported earnings. As you know hewlettpackard split off this is the company that focuses on servers, which the other part of hp, inc. Which focused on computers and such. We have news of a deal. They will spin off and merge noncore Software Assets with a Company Called micro focus in a deal valued 8. 8 billion. The wall street journal reported that this was pending and the deal could be worth up 10 billion a little light there. Weaker revenue than forecast. Looking at shares of hewlettpackard enterprise declining in the extended session, down over 1 . David. David down a tick. Lori, thank you very much. Melissa Billionaire Hedge Fund manager bill ackman purchasing a 9. 9 stake in chipolte worth 1. 2 billion, saying in a the filing that he believes the company has strong brand differentiated offerings, Enormous Growth opportunity and visionary leadership. Shares of chipolte are down 39 in the last year. Steven, what do you think of this one . Ackman, i dont know he has had a mixed record lately. Quite a mixed record. This is interesting. This is not his first foray into restaurant and food stocks. He has done this with wendys, mcdonalds, burger king. This is interesting, chipolte really hot button issue with the company and Health Scares and issues they have had over the past several years. Getting in here at a stock certainly beaten down a lot. But the question is how much upside does it have from here . Still looking at the valuation metrics it is still a very pricey stock. When you look at other companies that suffered from Health Scares like chipolte has, it takes a long time for them to recover. Melissa yeah. He might see a bargain here. Something might take a long time. Certainly something he is used to. Melissa thats right. He is using to have the bets go for a long, long time. David big name in wall street, Goldman Sachs saying in a memo to employees they may not make donations to quote, any federal candidate that is a sitting state or localfficial. Specifically cited the trumppence ticket. According to fortune magazine. Goldman employees can still donate to the clintonkaine ticket as kaine is a u. S. Senator and not considered a local official. Melissa that is convenient. David we all know that Goldman Sachs likes the way things are. They dont want a big shakeup the way donald trump is talking about shaking up wall street as opposed to main street. Is this an attempt just to stop people from contributing to trump . I would question, david, that premise but i think this is more likely just Goldman Sachs not wanting to be brought into the whole political sphere as it already is by both candidates. I mean david wait, wait, wait. Melissa come on. David jonathan, theyre saying you can contribute to clinton, you can not contribute to trump. Doesnt that thrust them right into the political arena . Theyre saying it for pay for play reasons, david. As you already alluded to. The fact they dont want to be accused of being involved in payola. As of course several of the candidates have. Frankly i dont blame them for wanting to be not associated with donald trump campaign. Given what he said about a lot of things david some people would say they made out like bandits over past seven years. No wonder they dont want to change. Thanks, guys, appreciate it. Melissa members of the federal servon t hoteat ngre queionsheth the enre stem eds overul. Vid onaltrumlayi out his an tboosour lita d naonalecury. Amonhis oposs ging genel 30ays comup wh a spificlan deft is. Well put to the experts. Lt. General Tom Mcinerney and Sebastian Gorka join us later this hour. Melissa donald trump taking the hour to slam Hillary Clinton and her use of a private email server as were now learning blackberries she used may have been bought on ebay, are you kidding me . Judge Andrew Napolitano here to weigh in. They were used. Even better. Hillary clinton has taught us, really how vulnerable we are in cyber hacking. Thats probably the only thing that we have learned from Hillary Clinton. [laughter] they einre lot of things abo rn. The things it does to your parade. Weve got a saying about rain, too when it rains. It roars. The allwheeldrive lineup from dodge. Domestic. Not domesticated. Its a very specific moment, the launch window. We have to be very precise. If were not ready when the planets are perfectly aligned, thats it. We need really tight temperature controls. Engineering, aerodynamics a split second too long could mean scrapping it all and starting over. Propulsion, Structural AnalysisMaple Bourbon caramel. Thats what were working on right now. From design through production, siemens tenology helps manufacturers meet critical deadlines. I think thisll be our biggest flavor yet. When you only have one shot, you need a whole lot of ingenuity. Melissa two Federal Reserve president s making a trip to capitol hill for a grilling from members of the House Financial Services subcommittee on Monetary Policy and trade. That is all one title. Can you believe that . David i can. Melissa focusing committee on governance of fed banks and how it relates to issuing of u. S. Monetary policy. Peter barnes standing by in washington with the latest on that one. Break it down for us. Reporter i will try, melissa. The fed is trying to fend off more attacks from politicians on both sides of the aisle. Many republicans still angry about the big bailouts from banks and want more accountability and transparency. Some democrat agree. Some democrats also charge the fed has been helping mainly wealthier americans through its policy by boosting the stock market through low Interest Rates. Has not been doing y boards of its regional banks to promote workers views. Fed Officials Say they are improving transparency and diversity. That has not stopped congress from considering multiple bipartisan bills to rein in the fed. Critics dont plan to let up. I dont think this issue will go away. First and foremost because people feel frustrated. They dont necessarily understand what is going on. They dont feel like theyre being represented or heard all the time. That is one of our jobs is to make sure that is happening. Reporter and one fed Bank President who testified today worries about changes to the fed from congress. I am concerned that you know, weve, we are maybe coming into the crosshairs and, you know, i do worry about our ability to sustain that, Monetary Policy independence that we been able to sustain over the last couple of decades. Reporter now the hearing came at a sensitive time ahead of the feds next policy meeting at the end of this month when members could vote for increase in shortterm Interest Rates, a quarter point, only if they see healthy growth in the economy. Lack hiking. Critics want the fed to wait for more job growth. Melissa . Melissa they will be waiting forever, peter. David at least through the election. Lets bring in former Federal Reserve advisor danielle booth on whether her take whether the fed should be overhauled. Danielle, here is the crux of the issue. People think the fed is political tool, addressing needs of wall street and people inside of the beltway. Zero Interest Rates are great for wall street and free spending politicians that want to borrow at zero Interest Rates and spend our money and put off paying bills but lousy for savers and main street to which you say what . I would say i agree with everything you just said, but leave it to politicians to have their eye on the wrong ball. David exactly. President lacker is actually correct. He is spot on in maintaining that it is regional president s that keep the fed from becoming an overly politicized institution. It is concentration of power that we have seen, first under greenspan, who reined over the fed with iron first and bernanke and continued with yellen. There is overly concentrated power seat at the fed that emanates first from washington, d. C. And then from the new york fed which of course has a permanent vote. David it has superpower. Like the superdelegates of the democratic party. Donald trump weighed in. Hillary clinton said it is not right for hymn to do so because it is completely independent institution which i say hogwash. They do play politics. Listen to donald trump and get your reaction. Keeping rat