Calling his fire and fury ultimatum a load of nonsense. Not even holding the 22,000 level for the dow right now. Its at 21,941. Down over 100 points as investors flee to the safety of the safe haven assets, plus, President Trumps battle with Senate Majority leader Mitch Mcconnell rages on for the third day now. The unicorn ipo as prove numbers and trust me they are not looking today, Charlie Gasparino will break it for us. Welcome, everybody. We are less than an hour to the closing bell right now. Lets start the countdown. Lauren stocks drop for the third day. The dow, s p and nasdaq and even the little guys, the russell 2000 are in negative territory. This could be the first time all three close lower for three days in a row, First Time Since april. The nasdaq is the worst performer today, down 1 and a half percent. Investors are fleeing to the safety of u. S. Debt, the yield on the tenyear treasury, 2. 1 . Gold, that looks good in times like this. This is where nervous investors put their money, the precious metal hitting a twomonth high, look at that, 12. 90 a troy ounce. Stumbling ahead of earnings report, that will be after closing bell. Year to date, the stock is up 60 . See the companys chips, they are hot thanks to a wave of interest. Look at this, chipotle, call this indigestion, chipotle at 346. 50 a share, down 2 and a half percent today. The markets and the stocks are under pressure, no doubt. President trump just moments ago saying whats happening with north korea is, quote, a tragedy and cannot be allowed, we have adam shapiro standing by in bridgeparty, new jersey with more on what the president just said, adam. Adam and the president is still taking a tough stance against north korea despite the fact that a north korean general has outlined what he says are their plans for potential missile attack against our military base and the territory of guam. So the president , speaking just moments ago telling the nation that its time for somebody, the United States to stand up to north korea and kim jong un, criticizing previous administrations which kept kicking the can down the road even calling out bill clinton for the stats many years ago, the president saying in his own words that the comments he made recently about fire and fury of the United States may actually have not been tough enough and perhaps should have been tougher. Here is President Trump. The people that were questioning that it was too tough, maybe it wasnt too tough enough. They have been doing this to our country for a long time m years and its about somebody that somebody stuck up to the people in this country. Adam and its not just the president who is obviously watching whats happening in north korea throughout the world, the testing of the north korean missiles which helped spark the crisis is drawing attention from other countries. The un sanctions over the weekend that were passed unanimously, the president referenced that when he was speaking. We learned that kuwait will be issuing a statement about the status of north korea and employees, laborers, you recall the sanctions require nation not to use north korea labor, so we expect the statement on that. But this is coming from heather, the spokesperson at the state department who had more to say about what is perceived to be a difference of opinion within the administration from the secretary of state, mr. Tillerson versus the secretary of defense, mr. Mattis and, again, this term of one voice, thereon what heather had to say. I speak for secretary tillerson and this building, our secretary has been very clear as has secretary mattis that our diplomatic and military means are both strong and came and in the face of the threats that we face against the dprk or other nations. Adam this is a briefing that the president has had today, a security briefing with secretary mattis as well as hr mcmaster, the National Security adviser. Two other quick headlines out of this, the president telling Mitch Mcconnell get to work on everything, tax reform and health care and also promising that hes going to sign some kind of declaration declaring the Opioid Crisis a national emergency. Lauren, back to you. Lauren adam shapiro thanks for covering all of that us. I read what President Trump said on doubling down on strong rhetoric that some people have criticized. North koreas and the fears that we have been seeing for three days spooking investors but in a big way today sending the dow at the low of the session down 174 points, but on track for biggest drop in five weeks. Well, the sectors that we like to look at every week are lower, theres one group bucking the trend, thats the defense stocks charging ahead into record territory for second day in the row, missile makers, lockheed maker, raytheon. They did all hit earlier alltime highs, now you can see some of them, most of them pulling back as part of the Broader Market slump. Still up a solid 1 , you get the point. Theres plenty of investor appetite left for military stocks specially when you hear what we just heard from President Trump that fire and fury might not be Strong Enough that north korea should be very, very nervous. As we look at the Broader Markets, what exactly are they telling us about the situation . Is this a temporary dip, an opportunity to come in and buy stocks a little bit cheaper or is this a reason to get out of the market . Lets get right to the floor show, we have traders at the new York Stock Exchange, cme group, steven, at cme scott and luke. Good to see you, by the way. You have been on the floor for a long time. Nice to see you. Lauren excellent field for the market, thats been criticism that the market is at record high, record high, we see small pullbacks, not really an opportunity to buy a dip, where is the dip, is this the dip . This is the chance to buy some stocks that you may have missed. At least thats the way im treating it. I initiated in several names that ive got on out, im back in google, back in amazon, activityism blizzard. Tech names that were beaten down today, now, am i right, i dont know. If its down 5 next week, i guess i have to buy some more, in the meantime im going to play this game as if we are still in a secular bull market and i believe we are unless Something Big blows up in the South Pacific and who can predict that . Lauren as long as this stays as verbal rhetoric. I saw level 15 which we have not seen in quite some time. Fear certainly returning to the market whether you look at gold, the swiss frank, japanese yen, investors are playing defense today. No, youre absolutely right. We havent seen that in quite a while. This just goes to show you that for the average investor or, you know, anybody out there that has money in the marketplace, this is a lesson to be learned of being able to buy insurance when you can and not when you have to, you know, we have seen the volatility down for months on end, almost a year now, around the 10 handle, alltime lows that was the time to buy, last week was the time to buy and this is not being, you know, monday morning quarterback, this is just the lesson and buy insurance when you can and not when you have to. S p is right at 50. If this thing with north korea blows over and calms down here, we will be trading 24. 80 within a matter of days here. We have to see, though, sometimes when you get a geopolitical event like this you can throw technicals out of the window. The 50day moving average has been in place since just before the election last november. I think its going to hold here. Lauren i will point out for the s p down 1 right now. This could be the day the first time in 59 days that the Broader Market actually sees a 1 percent move today obviously to the downside, luke, youre getting the final question here, talk to me about oil prices because opec came out earlier today and increased Global Demand forecast. We did see oil hit 50 bucks a barrel but now down a solid 2 close 48. 56, where is oil headed . Well, i think oil is going to continue to stay right around here. You know, theres a big debate right now about whats the breakeven price for protection for shell producers, some people say 50, i think its probably closer to 45 and i think this is youre seeing oil stay below 50 and opec news, opec keeps trying to come up with a new agreement, it doesnt work and we have been looking at a case study and i think in coming months youre going to see a Central Clearing system for oil for opec, maybe a central bank socalled for opec where everybody puts production and revenue they received with several big hubs around the world. So i think right now the way things are, oil is having a hard time breaking a buck 50 and thats with a weak dollar. I just cant see it happening. I think if it stays below 50 some of the producers are going to continue to produce and any time it goes above 50, you see hedges put often by big producers, Big Companies. I cant see it staying up there for a sustained amount of period of time without geopolitical events. Lauren yeah and supply keeps increasing. Steven, scott and luke, thank you. All right, the closing bell ringing in about 15 minutes from now. If words were fiscal weapons, president saying moments ago that his previous statements, the controversial statements may not have been tough enough as north korea is keeping its eye on a prime american prize with the new and more details and frankly downright terrifying plan to attack the United States territory of guam and its 6,000 u. S. Troops. Here to hash out the rhetoric versus the reality, john hanna, former deputy of National Security adviser to Vice President cheney, hes standing by in the beltway for us. Countdown coming right back poallergies . Reather. Stuffy nose . Cant sleep . Take that. A breathe right nasal strip instantly opens your nose up to 38 more than allergy medicine alone. Shut your mouth and say goodnight, mouthbreathers. Breathe right. Track your pack. Set a curfew, or two. Make dinnertime device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. Introducing xfinity xfi. Amazing speed, coverage and control. Change the way you wifi. Xfinity. The future of awesome. Lauren threats from north korea keep coming and President Trump going blow for blow with the rogue nation, President Trump responding to pyongyang latest warning that it will have a plan to strike the u. S. Territory of guam within days, by the middle of august, are we prepared to protect this tinny island nation and how . And quite honestly, has the time for diplomacy come to an end . We are going to ask right now foundation for defense democracies senior counselor and former deputy of National Security adviser for middle east to Vice President dick cheney, john hanna, good to see you, john. Thank you. Lauren moments ago we heard from President Trump and in my opinion seemed fed up with the strategy that previous administrations have had with north korea. Its been in effective and he seem today double down on his rhetoric that fire and fury might not be Strong Enough. What do you make of that . Yeah f anybody doubted whether the president intend today say what he said on tuesday, they got their answer today. Hes not a man that will back down, whether you agree with the strategy or not, theres a method to his madness. If they even think about an attack, it will be devastating to their country, but second, i think theres a real audience in china here, the president since the beginning of his term has been focused like a laser alabama on whats the mixture of carrots and sticks we use with the chinese to get them to finally step up, take ownership of this problem and put us in a position where we might get to some kind of productive negotiation. Lauren i heard him offer an olive branch to china. The president said if china helps us, i will feel a lot different about trade. Essentially saying, we will work with you on all these other issues that we face if you put the pressure on north korea, really enforce the sanctions, and maybe even do more, do you think china is listening . I do think they are listening and i think we got evidence of that just this week. I dont think theres a snowball chance in you know where, that china leads the effort to get that Un Security Council resolution last week, the toughest sanctions yet imposed on north korea unless they are sweating bullets over wondering what donald trump will do if left to his own devices to try and handle this problem militarily. I think they are scared to death of that. Essentially saying the Foreign Policy elite which claimed to be shocked by what the president says also dont have much credibility after their policy across three administrations led to the current north korean danger. How was donald trump being more effective and he is being more effective as im hearing you say . Why . First your point is absolutely right. Im one of those Foreign Policy elites and the policy that we pursued for 25 years, very nuance measure, diplo speak to try to convince the north koreans and chinese to solve the problem has been an utter brilliant, spectacular failure, so i think before we start hyperventilating, we have to have a little bit of human humility and tries to shake things up in an ifort effort to get different result than the failed result that weve had for the last 25 years. Lauren perfect way to end it. Thank you, all right, a new reminder that at 4 00 p. M. , the governor of guam will join melissa and david to talk about island territories readiness to face down these specific threats that north korea is hurry lg at its neighbor in the pacific. All right, the closing bell ringing in about 40 minutes from now. Goldman sachs and apple, they are hitting the dow really, really hard today, if you look at the heat map, three stocks that are positive but goldman and apple, they are the worst, tech and financials having their worst day in weeks. You know, facebook suffering in the tech route we are seeing today even though they came out, have you heard of this, the new home for video content, its called facebook watch. The social Network Partnering with content providers to produce original shows and videos that will be available through this watch tab that some users might see on the app, website. Original programming is key to boosting ad renew. They are getting kicked too. Down 2 at 167 a pop. Well, hoped to win millennials hearts, blue apron is another millennial service. We will have that coming up and we are going to talk about liz and also Charlie Gasparinos famous apple, snapchat parent snap havent been finding much love in the market today. Can unicorns get their magic back . New York Stock Exchange with the answer to that next on countdown today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. Lauren i dont want to look but we have to, blue apron shares, there you go, down 18 and a half percent. This is looking like a pretty bad souffle. Loss in very first report card as Public Company this as the other big tech ipo for the year also hasnt had an easy time in the market, thats snapchat, parent snap, reported latest numbers after the closing bell today, but right now we go to new York Stock Exchange and nicole petallides, investors dont have an appetite for blue apron today. Nicole no, certainly done. Its testing the lows that it hit earlier today of 503. Dont forget this is a 10dollar ipo, so down almost 50 from the ipo price. What they saw revenue beat but no one cares, the big picture is that the customers are dropping, the costs are going up, the Marketing Spending is outrageous and they dont meet what everybody is expecting them to do, whether it