Terrorist. They also say one persons been arrested, and police are, quote, treating him as a terrorist. And now the search is on for anyone else who may have helped carry out the terror attack. We need to tell you that theres still a very heavy Police Presence on the street where tourists often visit in the summer months, and as you look at the markets, you can see the news flow pushing stocks down. The horror, horrific terror attack in barcelona immediately sent stocks into a freefall. The dow begun selling off at 11 15 a. M. Ian time when the news first hit the wire. All dow 30 names are in the red. 1 30 p. M. , the dow dropped 180 points after the Barcelona Police confirmed it was potentially a terrorist attack. And right now while stocks are off session lows, the market is still digesting the breaking headlines that are coming in almost second by second. The dow is on track for its largest decline in a week, and all of the s p 500 sectors are on pace to close lower. The dow heading back down to session lows, it is now down 192 points. S p down 27, the nasdaq getting hammeredded, down 1. 5 , down 95 points. Investors are immediately rushing to the safety of government bonds. Lets look at the yield on the tenyear treasury right now. It is at 2. 2 . That yield moves in the opposite direction of the price of the treasury, so as it falls a second day on track for its lowest close this week, the price of treasuries is going up. U. S. Dollar, actually, it is part of this flight to quality. Oddly, it is hitting a session low against the japanese yen. Folks, lock at the fear look at the fear just torching through this market. The volatility index jumping 25. 75 . By the way, it continues to go higher and higher. I want to say around noon it was up 13 , then it was up 17, now up 25 as geopolitical fears just dive right back into this market. We do have this, Spanish Police releasing the photo of the first suspect named in the barcelona attack. Ashley webster has been looking at that photo, finding out who he was, what motivated him. Ashley, there is word that he had posted antisemitic videos on the web in the past. Reporter that is what we are just getting now from spanish media who are doing, obviously, background checks on in this individual, a man in his 20s of moroccan origin. Police say he is the man that they believe rented the van that was used in the attack. However, they have not taken that one step further and said he was the actual driver, only that he was the man who rented the van. As you say, there is belief that he may originally have come from march say in marseilles in france, now living in spain but of moroccan descent. They show on facebook pictures of this individual showing him posing in front of a mirror, that profile has since been taken down. But there are, certainly, questions being asked about this individual. The other, bigger question, liz, is how many other attackers are out there . One media report in spain, in barcelona saying another suspect has been killed in a shootout with police. No confirmation of that at all from Spanish Police. We do know that the center of barcelona is in shutdown. In fact, police were evacuating people as they continue what they call a manhunt going door to door to see if any more suspects may be in the area. As you mentioned, this particular stretch of pedestrian mall here is a key tourist destination. Barcelona itself is immensely popular with europeans as a place to go, have fun and hang out on beach. And in this month of august, it is especially busy because many europeans like to the take their vacation in august and barcelona, that gets 11 million visitors a year, is very much a popular destination. If a terrorist wanted to cause as much carnage as possible, this is certainly one of those what they call soft targets. Again, the latest we know is 13 dead, at least 50 injured. Of those injured, at least ten are very seriously injured. We have one person as we know in custody, the question is are there others out there, and that is a what the Spanish Police are trying to find out now. Liz okay. Ashley, i want to give you this, were about to have a Police Press Conference on in this situation. The catalon president is going to be speaking. Keep up these pictures. I do want to let people know that a man named avi meyer, the israeli spokesperson for the idf which, of course, is the military in israel, he is now reporting that facebook has taken down the barcelona attackers site on facebook. And he had been posting a bunch of youtube videos, hate on about jewish people, antisemitic videos. It appears his site is now down. Were going to try and confirm that, but i can tell you that avi is also reporting from israel that the van crashed right in front of a kosher restaurant in barcelona, in that area. So as we watch that, let us know, ashley, if you get anything more. We appreciate it. And we do have the dow now down 190 points, a second ago it was down 200. The nasdaq down 97, thats a 15 cut there. And you can see a 1. 5 cut. This is a broad based selloff at the moment where its hard to find any green on the screen except for the fear index, as we said, the volatility index. I want to bring in fox news strategic analyst Lieutenant Colonel ralph peters. Sir, i know youve been talking to sources. What are they telling us . Well, the best source right now is actually the spanish media, liz, the intelligence agencies. Youve got the report that theyve identified, arrested a suspect, 27 or 28 years old, born in morocco. The key thing about him in addition to his antisemitic postings, etc. , is he was not a my grant he didnt my grant. He didnt sneak into spain. He was a legal resident according to the main madrid paper [inaudible] excuse me, liz . Liz we see a News Conference going on right now. Brad, can you tell me if its in english so we can pop this up . Okay, we do not have the audio yet, i just wanted, ralph, to confirm that so we dont step on some Important Information that may be going out. Yeah, absolutely. Liz it appears the new way of islamic terrorists and sympathizers is to weaponize vehicles. We saw this in london, in nice, and theres huge fear is this the new weapon of choice, and does it mean these terrorists are being squeezed because the securitys gotten good enough that they keep bombmakeing materials away from these guys . Well, yes. The good news is its harder to develop a complex plot because our intelligence and police work is pretty good. But theyve mastered the art of using our Everyday Tools of life, automobiles, trucks, butcher, kitchen knives against us. And it is virtually impossible to stop all attacks. Good police work, good intelligence can stop some, but some will get through. And there are interesting patterns here, liz. Obviously, weve seen these attacks on tourist sites over and over again in nice and the promenade, paris, the champselysees, Westminster Bridge in london, now in barcelona which is really the equivalent of, for tourists, of broadway or liz times square. Right. Its crowded. And obviously, theyre trying to hurt the tourist industries. And because its a place where people congregate. But i think a lot of people miss the fact these are also be perfect targets if you want to kill a lot of people from Different Countries liz ralph, hold on. The catalan head is now saying 80, 80 people, have been hospitalized and there are 12 dead. This is what they have up until this point. Go on, im sorry, i didnt mean to interrupt you. No, no, its very important to catch what the catalonian governments saying. Its going to be interesting to see what the government there and in madrid has to say about this, because the spanish, many of these spaniards have been deluding themselves. They believe they have what they call [speaking in native tongue] , an idea that in spain its a special case because of their special history, and muslims and jews and christian, spaniards, moroccan can all get along. It goes back to an inaccurate interpretation of the middle ageses of the idea that under moorish rule, the left has pushed this agenda that christians and jews were treated well, etc. In fact, it was horrible liz yeah. The spanish [laughter] the point is, though, that this is what people convince themselves of, that they have this special relationship with the islamic world. And this attack really blows that up. Liz yeah. Who forgets the diaspora of the spanish inquisition . The spanish left. Liz i guess reversion to the mean in the most cases is lets hate the jews. Who even knows why that is anymore. We do have to look at that and see be like facebook, for example. Its zuckerberg, it is twitter, its google that have finally been pushed to get rid of or shut down some of these hate sites. In fact, one of the Top Companies just last night said, were done. This is a company, i dont know if you know, ralph, theyre pretty much the iron dome over any domain sites yeah. Liz so that it protects them from hackers. They take a sort of switzerland approach here, you pay us, well protect you. They are no longer protecting daily stormer. That ceo, matthew prince, is going to be joining us first on fox business in just a moment. Please tell me now what we do here. You mentioned times square. Theres nobody better than special ops nypd when it comes to cities. They have been so wonderful in protecting us, but there are barriers everywhere. Is this what weve come to . Yes, it is what weve come to. And there is no easy solution. And, you know, the solutions not to ban all immigration, obviously, not a police state. This is, i hate to say this, liz, but it is something we now in this day and age have to learn to live with. And fortunately in the United States, we dont face nearly the threat they do in europe because, by and large, you know, immigrants here whether theyre muslim or anybody else, theres still an american dream. You can become an american through hard work and diligence. But theres no, theres no spanish dream or german dream or french dream for immigrants. Liz right. So they wind up attracting those to who just want welfare or economic benefits, and theyre living in these ghettos. The locals dont want them, they dont want to integrate. And so thank god we hiv in this country, because we live in this country, because were way ahead of everybody else. Liz god bless america, and its just disgusting what these people have been doing to good, honest citizens. Ralph, they now say two people are in custody, this from the catalonian government. Two people in custody. With the closing bell ringing in 48 minute, i wanted to let you know that Vice President pence is going to be speaking at the bottom of the hour, in about 17 or 18 minutes. Of we are going to bring we are going to bring you that. No doubt, he will be addressing the horrific news in the barcelona terror attack. And we will also head to the floor of the New York Stock Exchange. When all 30 dow stocks are in the red for, clearly, one certain reason, were going to talk to our cm etraders for reaction along with the nys etraders about the markets dramatic drop and how its still vulnerable to attacks like this. Countdown is coming right back, please stay with us. At fidelity, trades are now just 4. 95. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Antrack your pack. 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We have just had spanish authorities from catalan near barcelona con to firm that two, two suspects confirm that two suspects are now in custody for having driven a van right into the most crowded area of barcelona. And we now have confirmed report that is 12 are dead, 80 have been hospitalized. 80 have been hospitalized. You can see the markets reacting. We are now hitting brand new session lows right now. Dow is now down 207 points. Its still under a percent being cut, but when you look at the nasdaq down 105 points, s p down 1. 25 , russell down 1. 25 , these are significants losses that we are watching as this terror attack in barcelona began to unfold right around 11 30 a. M. Eastern time. The dow, by the way, were hearing is on pace for the biggest drop since may, and we can take a look at some of the other movers on wall street with, cisco, walmart the biggest drag, collectively shaving 22 points from the blue chip index. Cisco, by the way, falling a after the Worlds Largest network and gear maker missed estimates. Sis owe down about 4. 5 cisco down 4. 5 right now. Lets move on from walmart. I want to go to the floor of the New York Stock Exchange and the floor of the cme. Teddy, were now seeing something called the hindenburg to omen. This is a term used about the markets that indicates, foreshadows a technical position where it sometimes foreshadows a coming crash, is that correct . Where there are more 52week lows than highs right now, and this not just over the past couple of days, but more so today. Well, liz, actually this has been going on for weeks. The market internals have been deteriorating for weeks, and for whatever reasons, nobody really wanted to focus on it. And it was preceded by a major down move in the dow transports. And that goes back three or four weeks, you know . It doesnt turn much to turn theres only two emotions here, fear and greed, and it doesnt fake much for the greed to turn to take too much for the greed to turn to fear. You have a market that is basically up almost 4,000 points from the election. Clearly, theres reasons out there whether its geopolitical or internal, you know, politics here in the country. I dont think thats really the issue. Theres been a lot of deterioration behind the scenes, and in the past these selloffs have been buying opportunities. So one negative today in terms of that is that the selloff is rather quite orderly which means its across the board. And clearly, there are people taking assets off the table. Liz okay. Right now the i dow has gone down 220 points. That is pretty much a full percent to the downside. When we had started earlier, ira, we hadnt been as low as we are right now. So in this final 41 minutes of trade, what do you expect to see . And, you know, would you advise investors to sit tight or start to get out of this difficult maelstrom that weve seen over the past 48 hours for several reasons, not just in barcelona, but Political Drama here . Yeah. That is the issue. Do you lighten up and get your cash ready for a buying opportunity down the road . And i think that would have been the wise thing partially. You certainly dont bail on everything. The economics havent turned that bad, but as teddy said and i agree, we have not had a big correction in, it seems, forever. And the market has proven itself. Each time that it drops, its a buying opportunity. And i have to stay on record with that. Each drop is still a buying opportunity. Yes, the terrorism, yes, the white house has created a situation where investors threw their hands up and said, okay, maybe it is time i take money off the table. But were also at august 17th, the end of the summer. A lot of traders dont have their mind on the market. Its the final days. Liz i understand. Okay. Finally, phil, i dont think maybe its appropriate to talk about oil right now. It is up slightly, but i need your perspective on how the markets feel to you, a longtime trader. And if they do feel very, very insecure at the moment beyond whats happened today and, of course, we do understand everybody i want all our viewers to hear this, we do understand that at the end of all of this, human lives have been lost. We do not forget that. As a business network, we do reflect what that kind of story does to peoples investments and money and protection. Go ahead. Yeah. And i think that is the story more than anything. And even the Market Reaction and i will say one thing. You know, weve been through a lot of terrorist incidents in the last few months, the last few years. In this market today, i think it felt it more than it has in a long time. And i dont know what the reason is, you know . It seems like before we had these terror attacks, nobody seemed to care anymore. You know, the market would have a little hiccup. This time does feel different. Maybe its a combination of the terror attack, the uncertainty in washington, maybe its the light volume as the other traders said. But obviously, i think its cause for pause and concern. Liz okay. And i wouldnt be surprised if it pulls back more. Liz good to see all of you, sorry its under these circumstances. Right now all indexes lower, all dow 30 stocks lower. Dow is down 218. Were coming right back with the ceo known of known as the fort knox of infrastructure shutting down the daily stormer nazi web site. 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. 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