Dignity around the world. I want to thank so many of your countries for the partnership that weve forged and the progress that weve achieved together over these past eight years in rescuing the global economy, securing vulnerable nuclear materials, a comprehensive deal to prevent iran from obtaining a nuclear weapon, halting the spread of ebola and thereby saving countless lives. In paris, the most ambitious agreement in history to fight climate change. A new, Sustainable Development set of goals to end extreme poverty and promote health and education and equality more all people for all people, including women. And through the everetts of many of you efforts of many of you, we continue to try to move beyond old conflicts, supporting the transition to democracy in burma, forging a new partnership in vietnam, deepening our new chapter of engagement with the cuban people. Helping to support the efforts in colombia to end the decadeslong conflict. Thats the power of diplomacy. Thats whats possible when our nations and our peoples Work Together in the spirit of mutual interest and mutual respect. And what a contrast to the death and nihilism that terrorists offer. What a powerful reminder of the progress and opportunity and hope that we can advance when, as nations and as peoples and as individuals, we refuse to be defined by our differences alone, and we remember that we are all part of one human race. Even on difficult days like this, thats what gives me hope. And thats what should give us all hope. Because on this planet of more than seven billion people, the hatred and the violence of a few ultimately is no match for the love and decency and and hard work of people of goodwill and compassion so long as we stand up for those values. And so long as we answer those who would undermine those values. Im very proud of the work that weve done over these last seven and a half years in partnership with your countries, and so long as i have the privilege of being president of the United States, i will continue to stand alongside you to promote those values all across the world. Ry. [applause] liz horrific terrorist attack in nice, france. Tragic, appalling and, quote, sickening, saying we will not relent in our fight against the terrorists, but we will keep taking out isil leaders. The president also calling france our strongest and oldest ally, telling french president francois hollande, quote, we stand with france now. France is in mourning again at this hour following its tenth terror attack since january of 2015. With that truck barreling through huge crowds of revelers last night in nice. How does this terrible act Impact National Security around the world and specifically here in the u. S. . What should president obama be doing to prevent this from happening on our soil . And we destroy isis can we destroy isis while as the president just said seconds ago, never giving up on diplomacy in the region . Lets bring in Major General bob scales. General scales, its just absolutely stunning. I brought the new york post. This says it all, front page, with the huge words, again . Seriously, again . Ten since 2015 murderous acts, and this keeps happening. What do we need to do, what can we do . Well, obviously, liz, defense doesnt work. Weve tried to defend the homeland just as the french and the ball generals bell generals and the turks and the Saudi Arabians have tried to defend their homeland, and it doesnt work. The only thing we can do is begin the process immediately to build a coalition of all those states that are aggrieved to give up all of our political differences in the region and fight against a common foe just as we did in world war ii where we bound with the french, the british and the russians. And who are these states . Well, you know who they are, its russia, saudi arabia, turkey, britain, france, belgium. Combining with the United States and led by the United States to build a Campaign Plan and go after the heart of isis and destroy them, collapse their center of gravity, break their will. Thats the only way over time that this growing global menace will ever end, liz. Liz general, we do have some breaking news. Of the 84 dead, 50 hanging between life and death according to francois hollande. Wow. Liz 25 of those people are in comas right now, okay . That is the breaking news. 25 people are in comas. Pain and horror of this is just unmatchable when you really think about it. One man with a truck, and by the way, also breaking news, hes been identified. 31yearold mohamed bouhlel. Hes tunisian, hes lived in france. They are picking through his apartment right now, his house. Hes married with a couple of kids. He does have a long list of runins with the law. He was not on a terror watch list, but what are we talking about here when you say defense does not work . You know, i started to look, and i saw that we have launched dozens and dozens of drone attacks trying to take out isis leaders in every nation between pakistan and yemen. Right. Liz what else beyond that . Well, first of all, liz, drone strikes are feelgood attacks. Theyre pinpricks. They may chop off the head of an organization, but this organization, as you know, is a hydra. It has many heads. There are second and thirdtier leaders who are ready to step up and take the leadership when one of them gets whacked. Its not about drone strikes. Its about, first of all, a strategy. Just as general mike flynn said this morning. Secondly, its about a game plan. Third, its about building a coalition. But, look, this isnt a coalition as the president just said the build diplomacy in the world. No. The way you win the hearts and minds [laughter] of isis at this particular stage of the insurgency is to kill them. And the only way to kill them is to invade their territory. The american people, the american people, i think frankly, after seeing what happened in nice and elsewhere are reluctantly ready to support this. Liz well, yes. I, you know, it would be very hard for americans to stomach losing another 5,000 military. But, again, ring fencing is not working. But this tactic, and we can show that truck once again, and then the horrific and dramatic conclusion where police were shooting right through the windshield to try and get him to stop. We can listen a little bit to this [gunfire] liz and they were able to kill the driver who, again, had apparently rented the truck just this past monday. It was unmarked. It was a refrigeration truck. He was barely stopped. He was sort of questioned summarily by French Police who let him continue on his way when he said he was trying to serve ice cream. But this tactic of using vehicles, weaponizing vehicles, may be a shock to people in france or in the u. S. , but it is not a shock at all, because it is a very familiar tactic to at least one nation x that is israel. With me now and how the israelis have handled no less than dozens of these attempts to ram people with vehicles is the former israeli ambassador to the u. N. And Fox News Contributor dan gillerman, and major scales is going to stay with us. Ambassador, you are very familiar with this tactic, are you not . How have the israelis learned to deal with it . Yes, liz, its true. Unfortunately, we are very familiar with terror. Weve been fighting it for years, and we are, sadly, very familiar with this use of vehicles as killing machines. Weve had over 30 of these attempts and these attacks by cars ramming soldiers and civilians just since october, but weve minimized them by having concrete roadblock, concrete barriers and setting up roadblocks. And, indeed, profiling people and making sure that suspects do not enter these places. And i think, you know, i hate to criticize the french. Liz of course. I sympathize with them, i admire them, and my heart goes out to them. But, you know, i was in new york just a few days ago on the fourth of july, and i saw the three Million People lining the east live. And i dont think a single truck would have been able to enter that perimeter. I think the whole of fdr was closed. But beyond prevention, i fully agree with general scales. You know, he was talking about world war ii. What we have to realize is that this is world war iii. Its a different kind of war. There are no soldiers in trenches anymore. But this is an uglier and more cruel and cynical war than weve ever known before. And that is why i totally agree, we need to form a coalition. Special forces made up of all the willing countries, countries that have experienced terror and countries liz okay, but thats, you just used a keyword, willing countries. And, general scales, i think two nations so far in the arab world, egypt being one of them, have spoken out and issued statements along the lines of, you know, the perpetrator of this will be, you know, looked down upon by the angels and by god for all time. [laughter] i mean, i suppose that kind of language works with that particular religion and crowd, but beyond that when you say willing, when Danny Gillerman says willing, where are the arab nations standing up in meaningful ways . Well, i think thats changing. I think if you look at turkey and to some extent saudi arabia, i think theyre finally getting to the point where pragmatism trumps ideology and all their political silliness. I think they realize that the future not only of the western world, but the future of the middle east depends on their ability to coalesce together and kill these barbarians. The object is not to seek some sort of political, diplomatic accommodation. Its too late. The object is to drive into syria, capture raqqa and kill every isis member we can find in that city. Liz yeah. Capture or flatten, who knows . You know, this has been tweeted, but also we should mention that december of 2010, ambassador gillerman, the u. S. Department of Homeland Security warned that vehicles could be used to target locations where large numbers of people congregate. Just what you were talking about when you were talking about the east river. That was, im assuming, the fourth of july fireworks. Events, entertainment venues, Shopping Centers in the u. S. New york may have it down, but as you say, perhaps other cities and other soft targets dont. But people using these weaponized vehicles in israel, what do you guys do . Do you prevent palestinians who have any kind of criminal background from getting drivers licenses or renting vehicles . Give us some concrete effort and control here. No. We watch them very carefully. We have, we have built concrete barriers along very significant areas. We have roadblocks where we stop cars that look suspicious or even people who look suspicious. And, you know, i know profiling is not popular or is not done in the United States, but i think one thing we have to do is to stop being politically correct. This, you know, i would rather be, you know, i would rather be politically alive than politically correct. And while it may be true that not all muslims are terrorists, it is sadly true that all terrorists, nearly all terrorists are muslim. And, therefore, i think that the key is in identifying the disease. Someone comes to you with cancer and the doctor says its flu, youll never cure it. This is cancer. Its spreading all across the middle east. I think the general is right, there are a few countries that have woken up to it including egypt whose president sisi realizes the extremists are threatening his regime. And this is a fight between extremists and moderates, and we have to help the moderates and make sure that they prevail. And we can do it by establishing a coalition with special forces led by the United States and nato and israel and the moderate arab states in order to crush these people. Go this there and go in there and crush them. Crush their money system, crush their oil wells, crush their bank accounts, crush their skulls. And at the end of the day, we also have to be very careful about all the people who are leaving the United States and europe and going to these countries that harbor terrorists whether its syria or afghanistan or pakistan or others. They should not be allowed back. This should be a oneway ticket, because theres only one reason to go there, and thats to come back liz to learn how to kill. Learn how to kill. Well, at the moment we are watching a lot of memorials going on and, of course, the video of this horrific attack. We want to thank ambassador dan gillerrerman in tel aviv right now and general bob scales. We appreciate it. Closing bell is ringing in about 45 minutes. The markets are taking last nights attack be are slightly subdued at the moment. Down four points for the Dow Jones Industrials at 18,501. S p is down four points as well. Will we see more records . Well, weve got 45 minutes before we can see that. For now, its a no of go. The floor show is next. And weve got a stealth stock surge. Three weeks to the day since the markets sold off nearly 900 points due to the u. K. s decision to leave the european union, and since that time the market has rebounded. The biggest winner in the s p 500 since brexit, American Airlines group. After the vote the Stock Plunged to a low of about 25. 27 on june 27th, but that looked like a buying opportunity today. The stock has recovered all of that, now trading around the 36 level. 35 recovery for more than airlines group. Donald trump naming his running mate, and conservatives seem to like indiana governor mike pence. Lets get a live report in just a second for you. He has arrived and walked through quite the gant let of media at trump tower. Well take you there when countdown comes right back. I have asthma. One of many pieces in my life. So when my asthma symptoms kept coming back on my longterm control medicine. I talked to my doctor and found a missing piece in my asthma treatment with breo. Oncedaily breo prevents asthma symptoms. Breo is for adults with asthma not well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Breo wont replace a rescue inhaler for sudden breathing problems. 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And everything autosyncs. Those sales prove my sustainable designs are better for the environment and my bottom line. Thats how i own it. By switching to xfinity x1. Rio Olympic Games show me gymnastics. X1 lets you search by sport, watch nbcs highlights and catch every live event on your tv with nbc sports live extra. Im getting ready. Are you . X1 will change the way you experience nbcuniversals coverage of the rio Olympic Games. Call or go online today to switch to x1. Liz okay. We do have about 40 minutes to go until the closing bell rings. You do have red on the screen right now, but this after four days of victories. Bulls are looking a little tired, so any move to the upside would notch the fifth day in a row of records for the s p, fourth day in a row for the dow. Were not there yet. Banks are getting beaten up. Lets look at wells fargo, its the biggest drag, down nearly 3 after reporting that Second Quarter profit dropped by 2. 8 . And you know what . Even though earnings per share and revenue met street estimates for wells fargo, analysts hate the fact that the Mortgage Loan revenue business fell about 17 . So we see those shares falling about 1. 39 at the moment. Even with the overhang of the terror attacks, lets get right to the floor show to see whats going on in these last 45 minutes. Traders at the New York Stock Exchange and cme group. To you, stephen guilfoyle. Again, do you see a record once again today after days and days of alltime highs with not a huge amount beyond a great jobs report last friday to really drive this . You know, the macro was really good today. Retail sales, core cpi, Industrial Production, that should be putting the hurt on stocks. But it really isnt. We see upward pressure on yields, upward pressure on the dollar, but stocks are hang anything there. Is the economy so good it can push us to another alltime high today . I kind of have my doubtses. Doubts. Im kind of worried about the downside here. Liz steven, let me push you just a little bit. We got china Gross Domestic Product for the seconder quarter coming in at 6. 7 . I dont like to ignore china. Was that part of the positivity that is at least keeping these markets flat versus down much more . Well, it certainly helped last night. After the terror attack in france, you saw the futures wiggle a little bit. Liz yeah, yeah. But when the positive news came out of china, on Industrial Production and retail sales as well, the futures kind of fixed themselves, and they didnt get into a bad place all morning. Liz let me get to Chris Robinson at the cme, and id like to quickly touch on oil. Look, we had a very interesting day, but for the week in the aggregate, it looks like a gain that would be, i believe, the second consecutive weekly gain here. West texas moving higher, the recount up by six. They grinded up the engines one more time, six weeks out of seven. What do you think happens here . Well, i think especially watch the technicals. Im a big believer in technicals. We got right down to 45. That held. Theres a trend line right there. They tried to push through it, and, you know, weve come off