Its a twostory structure filled with lots of tourists, lots of people. It prompted a Massive Police response. There are reports again, we dont have anything official here, but reports of six dead, many injuries, multiple suspects still at large. And why are the streets completely empty . Because police have shut everything down. Local metro stations evacuated. Everything has stopped. No bus service. Police are searching for the perpetrators around bavarias largest shopping center, but they are also spreading out at this hour other locations in the city. Youre looking at a live picture courtesy of sky news. Heres more video of what were seeing with more police running. Authorities are asking people to, please, stay away from public places. In fact, weve gotten reports that police are calling individual wizs in the businesses in the area one by one and telling them to, quote, lock the doors, dont let anyone in, dont let anyone out. Again, i stress to you this is a very fluid story. As it develops, i will continually interrupt this program because we know that this matters. It is on a Major International stage. Munich right now under siege at the moment. And as we keep one eye on that breaking story out of munich, we do have the major averages on track to close higher for a fourth straight week. Even the specter of next weeks Federal Reserve meeting on interest rates, we have the nasdaq managing to touch a new 2016 high. That happened earlier today. The 2016 high . 5,103. The nasdaq is still charging ahead, and we do have the dow up about 38 points. Thats a new record, trading at its highest level since december 29th for the nasdaq. We do have one sector pushing the markets hire, telecom, but not for what you would imagine were the reasons. Verizon has emerged as the likely buyer of yahoo assets. Sources are saying that a deal may be reached in the next few days. So we have verizon moving higher by 1 president , yahoo doing the same 1 . The core Internet Business is the real gem here. The value close to 5 billion, thats according to people familiar with the matter, so both of these Companies Shares moving higher at the moment. And so much for the death or dying of manufacturing. While shares of these four names are mixed at the moment, with ge and honeywell down, these four companies all just reported better than expected earnings. General electric seeing a sharp rise in adjusted net income thanks to aviation and and power businesses. We have the Aerospace Parts maker honeywell reporting better than expected quarterly profit. Tex terror, and if you dont know, this is a private jet maker, they make cessnas and helicopters. Companys Aviation Unit grew 6. 4 , not bad for jet deliveries, and heck, throw in whirlpool which thanked the hot Housing Market for boosting its u. S. Sales, issued an optimistic forecast for the year. So not all doom and gloom for manufacturing here with the dow up 37 points. Lets get to politics and no shortage of news the day after donald trump formally accepted the republican nomination in cleveland as the balloons and the glitter fell down. Trump today standing up once again, thank his supporters and volunteers while standing alongside indiana governor mike pence. He did revert to ad libbing, hes off the prompter, before blowing out of cleveland. He blasted texas senator ted cruz saying even if cruz endorses him, he will not accept his rivals tip of the hat. President obama then just a few hours later took exception to trumps depiction of america last night. At a News Conference with the mexican president , president obama said the america he knows is not the one he felt that donald trump described last night. The president saying america is not on the verge of collapse, chaos or in ruins as trump outlined in his speech using some of those exact words. Now, at this hour this is also developing. It appears Hillary Clinton is this close to choosing her running mate, virginia senator tim kaine is sort of the leader here at the moment. The horse thats ahead looking more and more likely the choice. So weve got team fox business coverage. Adam shapiro in tampa ahead of a clinton event there. She just finished in orlando, so shes headed to tampa. Peter barnes in clearland, and kevin corke at the white house with president obamas reaction to trumps nomination speech. But as we continue to talk about this issue with the Vice President ial choice, at any moment now Hillary Clintons pick for vp could be revealed. Clinton has been vetting these candidates, but many say look at all these on your screen but many say that the list habanerod down to just three has been narrowed down to just three remaining names, virginia senator tim kaine, u. S. Secretary of agriculture tom vilsack and new jersey senator cory booker. This as Hillary Clinton has come under increased pressure to choose someone who would enforce tough policies on wall street. Say, for example, massachusetts senator liz warn warren with. So to adam whos standing by in tampa where hillary is expected to hold this rally. I mean, i dont know what to look at first, but its got to be that minutes from now people are expecting that tim kaine will be the guy. Reporter well, it is possible that Hillary Clinton will roll out on facebook a video in which she might be naming her Vice President ial choice. But the drama involved in this, liz, i want to repeat what you said. Tim kaine, tom vilsack and cory booker have no idea if theyre the pick because theyve kept this very tight wrap around the oice so as not to leak to the press. So theres been no official word as to who it might be. Lets go through the candidates that are believed to be on that short list which could be rolled out on twitter or facebook within the next hour to two hours. Tim kaine, the senator from virginia who is also a former governor of virginia. Then youve got tom vilsack. He is a former twotime governor of iowa, also the secretary of agriculture. And then finally, senator cory booker from new jersey. You recall about month and a half ago we were at that event where cory booker was quite, you might say, enthusiastic about Hillary Clinton, introduced her at an event in newark. He used to be the mayor of newark. Hes also the youngest of the pool of candidates, 47 years old. He has said hes ready to cater to progressives, although he would be criticized by the Bernie Sanders supporters. In 201 he stood up for wall street when he defended mitt romneys bain capital. A lot of people say any one of these choices would not be enough to convince the sanders supporters to support the Vice President ial choice and clinton. Bottom line is that she is on her way here. She just concluded her event, a round table discussion in orlando. Running a little bit late but expected here around 4 30, 5 00 in tampa. Liz . Liz a adam, we will take you when that happens, definitely. Thank you very much, adam shapiro. And we did see history in cleveland last night. A man with no priest political experience previous political experience, Reality Television story and billionaire businessman solidified his place at the top of the gop president ial ticket, formally accepting the republican president ial nomination surrounded by his family. But now the real test. Donald Trumps Campaign today officially kicking off his general election run against opponent Hillary Clinton. Fox business senior washington correspondent peter barnes had the front row seat there in cleveland, ohio. And, of course, in this aftermath of the convention, peter, even after clinching the nomination, trump today is the one still speaking about ted cruzs nonendorsement. Not us, not the media. Reporter yeah, thats right, liz. And trump speaking to supporters and volunteers at this westin hotel behind us here in cleveland. And and as you said, for nearly an hour he was unscripted, no teleprompter. So guess whats back . Lyin ted cruz, the nick maim that trump nickname that trump gave the senator during the primaries. He spent more time bashing cruz than criticizing Hillary Clinton. After cruzs speech to thetion t and, as you know, he did not endorse trump in that speech. For that, trump said this morning that cruz broke his pledge to support the party nominee. I dont want his endorsement. Just ted, stay home, relax. So so he took his peach, and youre bound by that speech. Just like youre bound by the pledge. Youre bound by the pledge. [applause] so ted cruz took his speech that was done, was on the teleprompter, said hello, then made a at the same time that wasnt on the speech and made a statement that wasnt on the speech. Is see to me, thats dishorn rabble. Reporter and trump went on to criticize cruz saying that he lied about a i couple of other matters. Trump has now left cleveland, hes on his way back to new york, and he will start his campaign fully on monday. And no comment from senator cruz on twitter or by any other means. Liz . Liz peter, thank you. Peter, we need to let everybody know that president obama has just made some comments about the situation unfolding in munich. He is saying our hearts go out to the people in germany after this shooting. And, again, for those of you who are just tuning in, three gunmen one of them may have killed himself. Those are the reports were getting right now. Opened fire in the heart of munichs shopping center. Theres a live picture of the streets in munich where police and all kinds of investigators are working. Whats very disturbing, folks, right now about the situation is that the German Police have said we dont know where either all or some of these gunmen are at the moment. And there you see one of the Police Officers carrying major firepower as we wait to hear what has happened. All of this developing just as president obama had a joint press conference with mexican president enrique pena nieto. Fox news kevin corke, i believe hes outside the white house right this second. What are you hearing about the president s comments regarding the situation developing in munich . Reporter yeah, im glad you mentioned that, liz. Weve been following it too. Literally, we were inside todays News Conference between the two president s of the United States and of mexico right when this news began to break. And just moments ago the president was enroute to attend another meeting over here at the eeob, thats the Eisenhower Executive Office building which is the rather large facility directly next to the white house. And before going over there, he did stop as you pointed out and mentioned that the Investigation Continues in munich. He said its a good reminder of our freedoms, but he also encouraged americans to go about their everyday lives. Now, last night and today the big talk has been what did he think about what donald trump had to say in his vision of where america is right now. I had a chance to engage the president correctly today with questions at that News Conference, and we talked about a number of different issues. We talked about poll numbers, just everything you can think of at least domestically, but i was struck by what he had to say about what donald trump was saying about where america is right now. Listen carefully to what the president had to say to my question about is america as bad off as donald trump makes it seem . This idea that america is somehow on the verge of collapse, this vision of violence and chaos everywhere doesnt really jibe with the experience of most people. Some of the fears that were expressed throughout the week just dont jibe with the facts. Reporter so if on the one hand hes saying it doesnt jive, thats almost undercut by whats happening in munich. I think the president would acknowledge that, but its a very different argument, a political one as well as a security one. Liz kevin, thank you. I know it wont surprise you because youre on this story as well as we are that Munich Police are still saying this is an active situation. It is not over. Six People Killed, and that is coming from a Munich Police spokeswoman. Multiple People Killed and wounded. And, of course, theyve completely shut down the streets here, and any surrounding business for blocks away, theyve just basically had to shut everything down. They are keeping people look at this, what you see under here. Theyre keeping anybody who doesnt have a place to go under what appears to be a highway overpass there, telling restaurants shut your doors, dont let people in and dont let guests out. And theyre telling people in their apartments, lock your doors. Terrorists still at large. Those are not my words, those are theirs. They are saying this is a terror situation. At least three gunmen, so people are being told in munich take shelter, stay indoors. And interestingly, theyre saying do not show video or photos of anything you see at the moment. Closing bell, with all of this news, 45 minutes away. And the Dow Jones Industrials is gaining 40 points on this friday. Stands at 18,557. If you look at the heat map, most of it is green. So its actually pretty cool. Visa, american express, microsoft are the leaders. We do have lag orders, apple, caterpillar and general electric. When we come back, much more on all the developing stories both political and international. I promise you, we are on this story every step of the way. Its here, but its going by fast. The opportunity of the year is back the mercedesbenz summer event. Get to your dealer today for incredible onceaseason offers, and start firing up those grilles. Lease the c300 for 379 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. Hey hows it going, hotcakes . Hotcakes. This place has hotcakes. So why arent they selling like hotcakes . With comcast Business Internet and wifi pro, they could be. Just add a customized message to your wifi pro splash page and youll reach your customers where their eyes are already on their devices. Order up. Its more than just wifi, it can help grow your business. You dont see that every day. Introducing wifi pro, wifi that helps grow your business. Comcast business. Built for business. Liz the police hunt is still on for the shooters in munich. Moments ago president obama made these comments. I just wanted to come by to say thank you more for being here expect extraordinary work that you do each and every day. I was a little bit delayed. Some of you are aware there were shootings in germany, and we dont yet know exactly whats happening there, but obviously our hearts go out to those who may have been injured. Its still an active situation, and germanys one of our closest allies, so we are going to pledge all the support they may need in dealing with these circumstances. Its a good reminder of something that ive said over the last couple of weeks which is our way of life, our freedoms, our ability to go about our business every day raising our kids and seeing em grow up and graduate from high school and now about to leave their dad [laughter] im sorry, im getting a little too personal. Getting a little too personal there. [laughter] that depends on Law Enforcement. It depends on the men and women in uniform every single day who are under some of the most adverse circumstances imaginable at times making sure to keep us safe. And, obviously, we have gone through a really tough time these last couple of weeks. On a whole bunch of fronts. And most recently i, you know, had tough job of talking to the widows of those Police Officers who have been killed in baton rouge. And i know that for men and women in uniform, each loss like that is like a loss in your own family. But i wanted to come by to make sure all of you knew how grateful the American People are for your service. Liz president obama thanking officials and thanking military and police for service under very trying circumstances over the past couple of months. We are all too familiar with Police Shootings here. But we need to dip back in to munich. We do have cameras, and we do have lots of video of what is developing in munich at the moment. And it is really unfortunate to tell you, but there is still a massive manhunt on the loose for three gunmen who opened fire just a few hours ago in the olympia Shopping Mall which has about 135 stores. As nightfall begins to descend on munich, they dont know where these attackers are. They are calling them terrorists. There is a major shutdown in the entire city of munich, germanys Third Largest city, bavarias largest city where every single lawabiding resident has been told to lockdown, stay inside wherever you are. Three gunmen on the loose, multiple People Killed and injured inside that Shopping Mall, and the reports we are also getting is that because this is still an active situation, they have not yet begun to be able to remove some of the victims from the scene. I want to bring Cheryl Casone think in here, because youve been covering this as well. Am i getting some of these points . What else is there . Reporter yeah. As far as the victims, several reports of victims laying on the floor inside of the olympia Shopping Mall. Were just getting a couple of updates. First and foremost, reuters reporting they have started to shut down the highways around munich. The context could be that the search area is expanding for these shooters, expanding. And as you mentioned, build news agency repo