The first leg of his first major foreign trip abroad. Hes going to be facing a lot of challenges and opportunities over the next nine days. More on what we can expect from his historic tour of the middle east and europe. And yet more leaks from somebody inside the white house. New headlines just released from the Washington Post and New York Times involving comments that the president supposedly made to russian officials about fired fbi chief james comey. Were going to take you there live for an update. Among our guests this hour, former ambassador john bolton and Lieutenant Colonel oliver north. Melissa well, yuve got the dow ending the week on a high note. Take a look at the numbers the dow surging 140 points, 20,803. Lets bring in gerri willis. She is on the floor of the new york stock exchange. Gerri, tell us what the mood of traders is after such a wild week of stocks, or we could call it the trump is it your testimony that we saw o wednday. Thats right. People down here pretty upbeat, and ill tell you why. We retraced about half of that loss we had on wednesday. The last couple of days have been very good indeed as you were just reference it. Although they do say this is all on light volume. Not a lot of conviction here. Let me tell you, Solid Earnings that have been lifting stocks. You showed us just recently how those big indexes are doing. Down a little bit for the week. About a half a point. But Solid Earnings from Companies Like walmart and now that company reporting a 63 gain of online sales. Very good news indeed for the nations largest retailer. J and j also up and up dramatically. But look at the trouble for nike and cisco. Cisco in particular down 6. 7 and why theyre laying off 1,100 people and all because of a really bad earnings report. Not good news there. I want to tell you about a story stock today. Farm equipment maker deere is doing very well indeed. Up 6 . Theyre raising Sales Estimates and forecasting earnings, good news for that stock. So, you know, ending this week on a upbeat note and just love going into the weekend with the stock market going higher. Cheryl, back to you. All right. Thank you. Thank you, gerri willis. David and heres a look at oil sorg in the week up about 5 up 50 bucks a barrel on expectation that opec will agree to extend production cuts. That may or may not happen. But at least for now, oil is up in gold driving up higher by a weaker dollar, ending the week up more than 2 to 1252. 70 an ounce. Sherrill. Cheryl stocks back up with ve nice, after wednesdays near 400point drop. We recovered a little bit, not all of it. Lets bring in veronica of the wall street journal and jarod of profitable trading. Com. To you first. All of this talk and banter on wednesday about, well, trumps policies are really going to hurt the stock market, were going to lose all of our big gains. We really didnt. Yeah. I think, first of all, theres something to consider. He has done a great job of desensitizing us; right . Like, everything is in sensation with him. Its always news coming out of washington. Were hearing it almost every day; right . And i think traders until theres some real hard concrete damning evidence against trump, there might be these little selloffs, but i think, again, the march is higher. Why . Earnings are there. Technicals are there. And, again, the optimism. We heard it earlier at the salt convention. Thats there. So you have all of these underlying positive factors. I wouldnt get too afraid of the little stumble we had. Cheryl because i talk about so many people talking about that stumble. Former fed chair ben bernanke, the full interviews tonight. But listen to what he told her about the market. I think the markets kind of overdid. The trump trade a little bit after the election. I thought then, i think now, that the politics is going to be much tougher than it looks and the fiscal policy changes, tax cuts and the like are probably going to be slower, more delayed, smaller than was initially thought and markets, you know, are adjusting to that. Cheryl veronica, what do you make of bernankes comments to her . Indeed. I think more than a few people thought this was overdone. But trump is not the only thing propelling this market. Weve got the strong earnings growth, good global growth, generally, acrosthe board, and theres still that promise of tax reform and Regulatory Reform i think were going to see pull backs like this, volatility like this when comes out of washington. I think we could see a correction, though, if we get no substantial action on tax reform or Regulatory Reform by the end of the year. If that doesnt happen, then i think investors need to take another look at the portfolios because they could be seriously concerned about whats ahead. Cheryl even though the president is on his way for his first foreign trip as president , next week the u. S. Could balance the federal budget with over ten years of cuts. Theyre going to be talking a lot more about economic growth, gdp. So, jarod, we do get more news if you will, more talking points from the white house. Do you think the markets are going to respond to that by a chance . Yeah. I think the numbers on tuesday, the projections are going to be scrutinized. But remember, and getting back to bernanke for a second. He is a realist that lives in the now. Hes very objective about his sort of analysis; right . And Market Participants by nature, we are subjective. Looking to the future. Generally optimistic. So, again, as long as things are sort of in line on tuesday with what a lot of traders are expecting, we might get a little bump. But eyes are on the prize. And thats to the upside right now. Cheryl will be airing right here on fox business with maria bartiromo, but i think his comments really do carry some weight. Thats going to be a great piece tonight. Veronica, jarod, thank you very much. David well, President Trump embarking on his first diplomacy tour leaving plenty on the table back here at home. The white house is expected to propose its plan to balance the federal budget over the next ten years. That happens on tuesday. Blake burman is live at the white house with the very latest and include the latest on yet another leak; right . One after the next, david. Well get to those in a second. First off, the president has left the white house. Hes aboard air force one in the air headed to saudi arabia. That is the first stop on his leg. After that, the vatican, and he meets with nato leaders and brussels and then the g7 summit. So you have two different trips here. First with leaders of three of the worlds most dominant religions at the frontend, and then that nato and g7 meeting on the back end. As you mentioned, the budget or at least a larger proposal of the budget will be released next week. So at least while the president is abroad, some of the domestic issues will be coming to the forefront as well. As for this stories, david, air force one was up in the air at about 2 30 this afternoon. Within minutes of that, two stories were released within minutes of each other. One from the Washington Post, one from the New York Times that will once again push this narrative as it relates to russia further. The russia post story says that Law Enforcement that is looking into whether or not there was any collusion, any coordination between the Trump Campaign and russia has identified a Current White House official as a part of that investigation who is a quote significant person of interest, according to the Washington Post. Aboard air force one, the White House PressSecretary Sean Spicer released the following statement in which he said quotas the president has stated before, a thorough investigation will confirm that there was no collusion between the campaign and any foreign entity end quote. Then the New York Times put out a story as well, which goes to the Oval Office Meeting last week between President Trump top Russian Diplomats in which the times reports that the president told certifyin sergey kislack describing comey as quote crazy, a real nut job and also saying i faced real pressure because of russia. Thats taken off end quote. In a separate statement, david, sean spicer did not deny this events, instead, he went on to decry the leaking of classified discussions. Again, air force one up in the air at about 2 30. Fastforward about half an hour, you get these two different stories that the president heads overseas. David fastforward, thats what weve been on ever since. Fastforward. You know, david, i told liz claman at 3 00, its finally calm here. David even when the president is up in the air, theres still stuff going on like this. Congressman, thank you very much. We had you here to talk about the budget about what you have great concern but there is this breaking gnaws. Ive got to the interesting thing about the New York Times story, and im going to read to you exactly how the supposed information about what donald trump was saying about comey to russians was released. They said according to a document that summarized meeting, which was read to the New York Times by an american official. So the american official that was leaking this stuff was reading to the New York Times a summarization of the meeting. Thats a bail remains as set thin read on which to base a story, is it not . It is indeed. It really highlights how easily the New York Times can be manipulated when they agree with the content of the story that they want to print. So i think its troubling to see the on going leaks, and you talk about manipulating world events. Theres on going crisis of confidence in the white house. Folks will want to put that towards President Trump. But really, theres a large continge there thats working aggressively to nullify the results of this ection. Its really extraordinary that they cant weed the leakers out and of course theyre breaking the laws of the leakers, so they should be tried. Let me get to the budget because the president will be abroad when it comes out. Does that help making the economic case that at least while the budget is being released, the president s troubles will be prefer away . Yeah. Proximity. I mean, hes in touch all around the world, im sure. The big thing is a lot of this is in congress court. You know, the president s worked with mulvaney and the rest of his team that he has assembled to put together a budget. The good news is that it breaks the status quo, it balances. The good news is that it incorporates a lot of the positive assumptions that he complained on. And frankly, that republicans across the board complained on. It is a coherent strategy to really get america growing again. And as the president would say to make America Great again. David well, as you suggest, its a plan or a plan to a balanced budget. We have done it before. We did it with a republican congressman and president clinton, so it can be done. But this budget assumes that were going to have 3 growth this year. Our First Quarter growth was just. 7 . I dont see 3 growth happening unless we have tax cuts this year, do you . Yeah. I think 3 this year may be a little optimistic, but you really look at the tenyear package in the budget. So when you look at, hey, some years youre looking at an average in there. The reality is we havent been performing at the level under obama, and we really do have the best chance to really solve a lot of problems when we grow. But the other thing is david let me just ask, though, sir, do you agree or do you think that its conceivable that we could have a tax cut in this year . Yeah. The tax package is something that is very aggressively being looked at in the house. Its something that we had talked about doing before the august recess. Im hopeful we get back on that timeline. Ive heard rumors we may slip a bit. David how much a bit . Is it going into 2018 . I doubt it. Talking with everyone here and recently talking with the speaker, i think fall is the slippage were talking about. But i really think everyone is putting a lot of pressure to try to get ahead of august recess. I think the caution here is really the deadline that we set for repeal and replace obamacare. And no one really wants to feel like. David forgive me, but are we going to have to do another vote in the house on repealing and replacing obamacare . Well, its certainly possible. I think the senate is focused on doing anything they can to avoid. So im interested to see what they can to prove it and really get this problem fixed for the American People. David congressman davidson, have a wonderful weekend. Thank you for joining us, sir. Appreciate it. Thank you. Cheryl were going to be talking about that, by the way. Well, a tough day for Anthony Weiner. Facing a federal judge while his wife huma makes it official. Were going to explain. David and strong responses on capitol hill after the Deputy Attorney general briefed the whole house today on the circumstances surrounding the firing of james comey. Cheryl and President Trump kicking off the first leg of his first foreign trip as president. Hes on his way to saudi arabia right now but the stakes are high. Former ambassador john bolton on what we can expect over this trip. Thats coming up next this trip is truly historic. No president has ever visited the homelands and holy sites of the jewish, christian, and muslim faiths all on one trip. Dear predictable, theres no other way to say this. Its over. Ive found a permanent escape from monotony. Together, we are perfectly balanced, our senses awake, our hearts racing as one. I know this is sudden, but they say if you love something. Set it free. See you around, giulia predictable. The comfort in knowing where things are headed. Because as we live longer. And markets continue to rise and fall. Predictable is one thing you need in retirement to help protect what youve earned and ensure it lasts. Introducing brighthouse financial. A new company established by metlife to specialize in annuities life insurance. Talk to your advisor about a brighter financial future. Brtry new Flonase Sensimists. Allergy relief instead of allergy pills. It delivers a gentle mist experience to help block six key inflammatory substances. Most allergy pills only block one. New Flonase Sensimist changes everything. I count on my dell small for tech advice. With one phone call, i get products that suit my needs and i get back to business. Wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong insurance company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. Switch and you could save 509 on auto insurance. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Cheryl President Trump departing for his first foreign trip at any moment now as the president heads for saudi arabias capitol to meet with leaders from the house of saudi. Amid, well, major conflict in the middle east. Of course the president now in the air, fox news Benjamin Hall has the latest. You only have to look at the streets to see just how welcome President Trump will be here. The avenues aligned with american flags, alongside king can be seen across the city. This is hugely symbolic as well as a significant trip and the saudis are rolling out the red carpet. They know that the relationship between the u. S. And saudi arabia had gotten worse under the Obama Administration, but they are really hoping that that will pick up. Not only is President Trump going to meet the king and the crown prince, hes also going to be giving a speech on islam to 50 years from muslim countries around the world. And that is going to be a key point that many people lebanon looking at, not only things that he said during the Election Campaign regarding islamic terrorism. We had a chance to speak to the foreign minister earlier, and he told us that none of that will get in the way of what will be a successful trip. President trump is a man who has vision, hes a man who has courage. Hes a man who does the right thing. Its no secret the relations between the Saudi Arabians and the u. S. Were thwart during the obama adminiration. Not least the battle against isis and the bombing camign, which saudi arabia is a key contributor to. And then of course there are the arms deals while the president is here and of course many people looking forward to that changing the state of the relationship moving forward. In riyadh saudi arabia, Benjamin Hall, fox news. Cheryl all right. Thank you, benjamin. David. David and here now is former u. S. Ambassador to un, fox news contributor, good to see you, ambassador. The first foreign trip of president obama i think had a very different tone. Just to remind viewers of what it was like, heres a clip from president obamas first foreign tour. Take a listen. The United States will be willing to acknowledge past errors where this errors have been made. Weve at times been disengaged and at times we sought to dictate our terms. David now, that tour was called the apology tour. Essentially apologizing for what america stood for, what its values were, et cetera. Were not going to hear that in t