The associate toed press announcing Associated Press announcing its a done deal, but the former secretary of state waiting on the voters to officially decide. That could be tonight after all the results are in. Hillary clinton could be the first female president ial presumptive nominee in our nations history. Voting underway in six states right now. Our cameras are trained on live pictures of california, montana, new mexico, south dakota. It will, in all likelihood, be california that holds the Golden Ticket for a clinton nomination. An estimated eight million voters expected to cast their votes. The horse race there neck and neck, and Bernie Sanders or is running like the wind thanks, christopher cross, or should we quote tom petty . He wont back down. But that could change if bernie misses that victory in california. Donald trump still dealing with the fallout with his comments about the judge in the Trump University case at a time when many republicans feel trump should be attacking Hillary Clinton. Instead, trump is forced to defend his comments on an unrelated issue. Will it hurt him as he begins to really try to raise millions for a likely fight against hillary in the general election . Gop fundraiser, bigtime money man john jordan out of california, were going to get his thoughts on how he separate9 eyesed this. Strategized this. Plus, canadian oil workers return to work. Charlie breaks it, were less than an hour to the closing bell, lets start the countdown. Liz we have our finger on the fox business official confetti cannon, as we like to call it. The dow is poised to close above 18,000. Right now were at 17,983. Folks, that means its not a sure thing. It has crossed the 18,000 line 32 times so far today alone, so youve got to stay with us the entire hour. But either way the news is pretty good if your portfolio is heavy on stocks. First off, the s p is less than 1 away from a record close, trading at a highest levels since last july. You see the s p at 2116 right now. The record close level to watch, 2131, it was last hit may 21st of 2015. Oil spouting higher on a weaker dollar. Light sweet crude settled at an eightmonth high, above 50 for the First Time Since last july. Were still there at 50. 42. Up about 1. 5 . So as a result, the Energy Sector the best performing sector of the s p. Leading the way chevron and exxon, but look at schlumberger and conoco, all of them better by about 1, 2 , but conoco is up 4. 25 . On the flipside, got to give the bad with the good. Some of the biggest laggards are biogen, valeant, of course, and alexion. Charlie gasparino, as valeant drops 14 , is going to have exclusive details as you may or may not know, valeant slashed its guidance, so the stock is tanking. Billionaire bill ackman has a big investment in it, so charlies going to break that in just a minute. Take a look at california, live shot of californians hitting the polls in Manhattan Beach as Hillary Clinton inches closer to history. But heres why her rival, Bernie Sanders, says today that will not be today. Clinton needs 2,383 delegates to clinch the nomination. Heres what she currently has, 1,812 delegates already pledged, but this is a big day of polling with six states casting their votes. 806 delegates are at stake, but Bernie Sanders says its unlikely Hillary Clinton will sweep these contests, and he claims many superdelegates have yet to pledge their votes. Superdelegates can switch, thats why sanders says he will stay in the fight. Lets bring in democratic strategist joe, to you first, it all in a way comes down to california. What happens if bernie wins that and hillary wins all the other states . Hes not going to get out. Yeah. I actually think he probably be will get out. New jerseys today, and new jersey is some oddup, and all she needed was 30. Shes right up there on the threshold. Shes got this. The ap called this last night, which was a little bit lackluster because they knew they had these primaries coming today, and i think they wanted to scoop everybody. But this race is done. Hillary clinton will be our nominee, there is no doubt about that. Superdelegates as weve seen in the past, they really dont change. Liz mercedes, do you agree with joe . Yes. You can tell joe and i have been in politics for way too long. [laughter] absolutely agree with joe. [laughter] i think what youre going to see is whether he wins or loses california, i think it will be very difficult for sanders to justify staying in the race. Were not going to see these superdelegates switch to sanders. These superdelegates are primarily democratic establishment, state leaders, governors, local officials. Theyre going to stick with Hillary Clinton. I know that sanders wants to keep on on his revolution, but let me tell you, youve seen it when it was ted cruz and trump. Ted cruz got his rhetoric attack on several issues 48 hours before he dropped out. He has to, obviously, continue with the fight. But there comes a point where she reaches that magical number, and its going to be very hard for sanders to just stay in and hes going to get a lot of pressure from the democrats to step aside. Liz joe, its a little stunning though to those who had, you know, you hear the term coronated, who had coronated Hillary Clinton months and months ago that it has taken this long, all the a way to june and california and new jersey. Yep. Yeah, absolutely. But heres the thing, with the process by which democrats assign their delegates is very different than the way republicans do. Liz yeah, we know. We knew there could be a long, drawnout process because you cant break away from the pack, and you also cant gain a lot of ground real quickly as a democrat. s just not in the rules. But that being said, sanders wants to get to the convention, and he wants to make some serious plays on committees; rules committees, delegate, probably superdelegate allotment committees and platform committees because even though he starts look, i voted for the man. The revolution was something that he was trumpeting. Those positions may still have planks in the platform for democrats, and he wants to make sure those voices are heard. Liz hell have some leverage, certainly. Mercedes, on a potentially historic night for the democrats, Hillary Clinton being the first female presumptive nominee, donald trump is expected and weve been reporting this he is expected to host his own news conference. It is going to happen, you know, perhaps to keep the spotlight on him, but hes got to do something positive with that light and make it less of a harsh light, certainly, especially considering whats been happening with him having sort of pinpointed an indianaborn judge as a mexican. What do you think he does tonight, do you think he apologizes . First of all, kudos to donald trump whos holding, again, another press conference as opposed to Hillary Clinton who liz well, she held one last night, but it was very short. Very short. Eight questions. [laughter] but for trump, he needs to have this Pivotal Moment where hes shifting the narrative. He was a successful in the primaries where he talked about the economy liz will he apologize . He needs to. Will he . No. He will not apologize. That is not the way donald trump functions whether we like it or not. We know that republicans have called for him to apologize under the sun. Hes simply not going to do it, liz. But he has to hes got to shift from the Trump University which in no way is bringing him any sort of positive publicity to moving towards the fact that we need to be talking about the economy. It is the issue that the American Voters care about. Other than that, Hillary Clintons just going to eat him up for lunch because thats what she did last week with the speech she gave on foreign policy, and hes going to have to gain some ground in terms of messaging. Liz quick, joe, really fast, because weve got to run. Hes got to apologize, and i dont think he will. You know what the worse job in american politics is right now is . Being a gop candidate and having to run underneath him with all these comments because the next question you get from a reporter is are you supporting donald trump, and youre wrong either way. Liz the down ballot issues are very big. Mercedes, joe, thank you. Thanks for having us. Liz anytime. Guys, coming up later we are going to focus specifically on strategizing the republican race. How donald trump plans to raise money to fight a very wellfunded democratic president ial opponent if its Hillary Clinton. Gop fund raiser john jordan in the state of california joins me in about 19 minutes. Youve got to see what he has to say. 10 42 a. M. Eastern time, that is the moment the dow hit 18,000 for the First Time Since april. Right now were at 17,977. Look, we always stress this, 18,000 is, of course, a psychological level with not much importance beyond that. As we say, confetti button. But how do you trade it . Lets get to the floor show, traders at the new york stock exchange, cme group and the nymex. Teddy, im not sure there is a way to trade that or whether anybody should. However, people who stayed in stocks at the ugliest point in february have done more decently, have they not . Oh, absolutely. Unfortunately or fortunately, were in an area now of the popular averages where theyre going to separate the men from the boys pretty quickly. I mean, we dont know what its going to take to punch through these next couple of hundred points on the dow to get us to a new alltime high, but, you know, were right back up there again, a double top. Yellen yesterday sort of gave us a little more fed candy, you know, kind of took the edge off the hawkish chatter that weve seen for the last three or four weeks. Thats what it takes, higher oil, weaker dollar. The fed on hold as, you know, still trapped between a rock and a hard place, you know . Perhaps we get there. Its not going to be earnings, so it needs to be something else, and perhaps its just the fed on hold. Liz fed candy, i like that. I want candy. [laughter] elliot, im going to pour a little sour on you because, you know, you were saying oil at 40, oil at 40. Oil at 50 today, and above it right now holding there in the after market session. Yes, we have a weak dollar, and even as alberta, canada, starts to grind up its operations in the shale area where the wildfires had stopped production, you would have thought the price would come down here, but it has not. Not yet. That was a while ago. If you look over the last few weeks, ive actually said oil is not going anywhere, and it has not liz its gone from 45 to 50 concern. Oh, come on. Well, it was 48 the last time we talked about it, actually liz is that larry laughing . Yes. It hasnt moved. If youre talking about a 2 move in a 50 product, to me, thats not a significant change. Yeah. Its just a psychological number, 50, just the way you say that 18,000 thing. Crude could be a buy here. I dont really think so but, you know, im not a seller here. I just think like ive said, i dont think crudes going anywhere. Liz larry, if youre talking about being a seller, anybody whos selling stocks, we mentioned fen, but lets bring it february, but lets bring it closer. We have continued to see gains here, wall street climbs the wall of worry. There are a lot of worries. Youve got the british referendum vote coming up on the 23rd, everybody worries if they leave the european union, youll have shortterm volatility. Again, people are piling money into stocks. Not in huge volume, but nonetheless yeah, its amazing. 300 points in the s p 500 since middle february, and theres been no Economic Performance to justify it. Liz is it a mistake to go into stocks . Is that a mistake . No, not at all. I mean, what happened was the earnings projections were down about 105, that turned out to be false. Also the chinese did not devalue the currency, the depreciation wasnt as great as feared. So its not what happened, its really what did not happen to get the market to where it is right now. Now, next year theyre expecting 130 per share. If thats true, then 2200 isnt out of the question. Its absolutely plausible. But from my point of view, i dont think the risk reward is there right now, so i let somebody else have the fun. In six and a half years ive never said this, but today i would go underweight stocks only because the risk reward isnt there, and you have plenty of opportunity in the next six months to buy these symptoms cheaper. Liz listen, ive got to quickly go, guys, buzz the nasdaq just turned slightly negative. Not a huge amount, but were watching this minute by minute during this session. Teddy, larry, elliot, great to have you. Thank you so much. Theres the nasdaq, down about half a point right now at the moment. You could call it flat but, hey, look, were a game of inches here on a day like this because thats what were doing for you, were watching your money. Closing bell, 46 minutes away. Heres the dow 30 heat map, solidly in the green. We do have red on the screen starting with Cisco Systems and cocacola, but leading the way is the parent of polo. Its chucking its old business plan, and thats not helping ralph lauren. Ralph lauren announcing it will cut jobs, close stores and slim down its Real Estate Holdings in a Major Overhaul to fix its struggling business. The luxury retailer also said sales will likely fall sharply this year. So when you see that Polo Ralph Lauren is only falling under 2 , that shows at least some strength here, 94. 40 a share. Coming up, last months wildfires in canada forcing Mass Evacuations and homes and businesses, remember that . Trees torched, people evacuating frantically. But one industry is finally getting back on track. The big business ramping up production and why it matters to you, your money and the markets, thats next on countdown. Measure this just got interesting. Why pause to take a pill . Or stop to find a bathroom . 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Liz Oil Companies near and around canadas Fort Mcmurray in alberta are finally restarting operations after Deadly Wildfires ravaged the region, forcing Mass Evacuations and businesses to shut down last month. At its worst point, that shutdown killed output by more than a Million Barrels of oil a day, currently about 400,000 barrels still offline as firms including imperial, conocophillips and sun corp. Work to ramp up production. Way across the ocean nigeria still las a million has a Million Barrels offline due to terror action, still helping to force these prices higher. You may remember this scene, lets show it to you, irs employee lois lerner taking the fifth after being accused of targeting conservative nonprofit groups. Today the irs has finally released the names of the groups it targeted for extra scrutiny back in 2013. Adam shapiro is on the case. Reporter and its important to remember that the key question, liz, has yet to be answered by the irs which is why were groups filing for taxexempt status put on a list to delay their applications, and what did those groups have in common . Former irs director lois lerner testified before congress that the irs did target conservative groups with words Like Tea Party patriot, liberty, those names in their names and inclusion on the list. Many of those groups are part of a Class Action Lawsuit now against the irs. The irs recently disclosed that it had placed the 426 groups on its socalled hit list prior to the 2012 president ial election. Most of them were the conservative groups, as i said, with names Like Tea Party, patriot, liberty or constitution in the names, but theres several others as well. Roughly 29 of the easilyidentifiable 426 groups were