Where that half of 1 . Trade to the checkout oil this morning 4070 t. Get the barrel 1. 89 . Lauren the british pound recovering lost ground to also run 33 to the u. S. Dollar. Trade to the outgoing u. K. Prime minister David Cameron lies to e. U. Leaders over the british exit plan get live reports from brussels on monday. Lauren donald trump gets ready to deliver a major speech on trade. While senator Elizabeth Moore and campaigns of Hillary Clinton for the first time. Nicole talk of the british exit not the only thing getting attention and women in texas got underway. The shocking exit by young tennis teacher. Lauren 5 01 a. M. In new york. Tuesday, june 28th. Welcome to reporter, fbn am, the latet breakin is and what to expect today ahead. Train to kings at the opening bell. We continue to follow the story stocks yesterday that the Dow Jones Industrial average with 260 points in reaction to the british decision to leave the e. U. The Standard Poors and fitch also downgraded britains aaa credit rating. The two days of selling wiped out 3 trillion from global stocks. If the selling over for now . Joe rendell, head of trading at btx capital. We lost 870 points on the dow in two days of trading with paris this morning. Is this a little bit of a relief or do you think we have found some sort of bottom . I am essay that tongueincheek. No, this is a bit of a pet cat. We might even see the ftse retreat and night end up down im expect in. What we see here is just a small pause. The real money with the Fund Managers, mutual funds on the sidelines in the u. K. If they have been the last couple days will come into the market over the next week and put our pressure of making them afraid. Lauren we havent hit the low said. In the u. S. And europe were just here . Europe will be considered hit considerably hard. I think there is genuine worry that this price to a recession in europe and could derail the recovery you guys have got in the state. Lauren we have seen the power fall precipitously. That makes her dollar much stronger. Is this a new environment we are in more multinationals have to deal with the effects of a strong dollar . Everyones been looking for weak currency but not in a very good time. We are going to see a flight to anything nominated. I am estimating a 120dollar stirring dollar at 133 at the moment. Those who consider more moves to come for the rest of the year. The one glimmer of hope is that the fed wont be raising Interest Rates and that will be good for u. S. Stocks. Nicole you are really bearish, joe. Now youre saying 3120. The level weve been seeing. 131, 132 or 31 years. Youre also noting that todays fbn am index which is now up 2 . Everybody so thankful to see it. You anticipate that could finish lower by her lunchtime. Thats what you tell us . The Fund Managers on the phone really control the bulk of the money in the u. K. And they are going to be looking at the strength today is no real fundamental change of what is happening. The u. K. Is in a messy position. We are going to see selling. Nicole take your money as quickly as you can. Thank you so much for joining us this morning. Lauren outgoing Prime MinisterDavid Cameron for a meeting of european leaders who became his first e. U. Meeting in the u. K. Voted to leave the group and his announcement that he will resign. Cameron will discuss implications of the u. K. Exit code and what happens next. For that, adam shapiro in brussels covering todays meeting. It may be a little bit awkward. I would imagine it would be awkward for mr. Cameron. Angela merkel is addressing the other e. U. Leaders to gather for the summit and mr. Cameron will be addressing them. It is kind of an informal meeting. A working dinner much later this afternoon, early evening at which point you will discuss the brexit go. Youve got the Commission President and also the e. U. Council president pushing for a rapid exit for the u. K. From the e. U. And then you have Angela Merkel once again addressing the leaders as im talking to you, saying lets slow down. There needs to be time for british politicians to figure out how they want to proceed, but not too much time. She has just said to the council that she will do everything in her power to keep europe from disintegrating. That is kind of yesterday what we saw with president ial francisellas Prime Minister for an elite when they were talking about some kind of timetable, perhaps september by which they would give the english government cannot British Government rather a timetable to get its act together. They will be different working sessions today. They will have for dinner tonight where they talk amongst themselves and tomorrow they will once again go back at it. They press conference later today to address all of this and we asked it a little bit more. There will be a nonbinding motion introduced, asking for the u. K. To speed up the process and invoked article l. Albeit not writing resolution. Nicole they will be charging duties and figure out how they charge up financially as well. And that they want to make it happen but those are some things doubt the u. K. Has to deal with. Best theyve got to negotiate. That negotiation cant begin until the u. K. Invokes article article l. Yesterday, Angela Merkel, the president and Prime Minister renzi said they would be no informal discussion. Those kinds of informal negotiations will not take place in part because mr. Cameron has said that he is going to resign and will not invoke article l. Hes going to leave that to the next Prime Minister. But he is going to lay the groundwork that perhaps what would be best for the u. K. Is something similar to what denmark has skype and its relationship to the e. U. Lauren adam shapiro, thank you. Nicole massachusetts senator elizabeth redshirting Hillary Clinton for the first time at an event. One of clintons possible choices for Vice President offering a passionate endorsement of the former secretary of state. She has thick skin and steady hands. Most of all, she has a good heart and thats what america needs. Leading the fight to liberate millions of americans to the burden of student debt and to make sure to make sure washington never again prophets. The presumptive gop president ial nominee proved every day hes not in it for the american people. Hes in it only for himself. Donald trump wasting no time responding to the attacks leveled against him by hillary and senator warning. Crooked hillary is really know is really now but at the least productive senators in the senate. Goofy Elizabeth Moran who lives on her heritage. As for Todays Campaign event, deliver a speech, fox news has learned trump will stay as president he would instruct the Treasury Department to label china a currency manipulator. He would take cases to the World Trade Organization asserting that chinas behavior violated the terms of the membership in the wto. Nicole more Hillary Clinton emails were released. About 165 at the state department were handed over a court order to conservative legal advocacy group. Nearly three dozen were from clintons private server that she did not release last year. They year. Newly released emails include 30 for the include 30 for the Clinton Exchange through her private account with a deputy chief of staff. Lauren lets say you cut up a Global Market action. Looking better today. A relief rally. 2 gains for the ftse in london. The dx in germany at 2. 2 and the cac gaining 2. 6 this tuesday morning. Trade to the dow, nasdaq and s p pit that todays speech of trading race three months of gains was a very testy days. Lets take a look now. Dow futures up on 98. S p futures up 22. Lauren oil prices gave up 7. 5 . They are gaining 47. Getting more than 60 bucks a troy ounce. Train to the ulysses of grief for the u. K. Pound. The first time we see an up arrow since the vote. Right now 133 for the u. K. Pound. The mexican peso stronger against the u. S. Dollar. The japanese yen selling off a little today. Nicole a look at the headlines. Live tires bigger Catalyst Partners. The move from the Company Comes as highly valued startups find it tougher to raise funds from venture capitalists. On my shopping forces retailers to rethink their inventory strategy. Home depot telling his stories. Get comfortable with days of inventory, not weeks. Eric b. And bs to San Francisco for a new love. Seeking an injunction to present the city from finding air b b for unregistered apartment rentals. Trade your outgoing minister David Cameron has to brussels for what will be tense meetings with e. U. Leaders. Wasting their going going to be adjustments. Complex constitutional issues and challenging in negotiations to undertake with europe. Nicole live repororts from lonn and brussels. The british exit he is not the only thing getting attention in london. Time for wimbledon. Pulled off a big upset. I have bad and improbable story. U. S. Stock market futures after losing 870 points. Dow futures up on 97. You are watching fbn am, your first look at morning markets and breaking news. 5 15 a. M. In new york. Outgoing british Prime Minister cameron is in brussels today for a meeting of European Union leaders. It is his first meeting with dancing the United Kingdom go to lead the e. U. Encampments announced that he will resign. Donald trump will give a speech on trade today at a factory near pittsburgh that provides scrap metal for the aluminum industry. Trump speech is titled declaring American Economic independence. Hillary clinton and Elizabeth Elizabeth warren campaigned together in cincinnati yesterday and took turns criticizing donald trump. Most european stocks have been taking a beating since last weeks u. K. Vote to leave the e. U. They also went sharply higher today. The ftse up 2 . And the cac and france at 2. 8 . Lets check a u. S. Stock market futures pit at dallas eight or 70 points in two days of trading. Today futures up on 93. Lauren, that is what is happening now. Tens of thousands reportedly expected to of thousands reportedly expected to turn out in london to protest about by britain to leave the European Union. The u. K. Voted to leave the e. U. Although funded strongly in favor of remaining part of the plot had Ashley Webster at life in london with the latest. Thank you for keeping us up to speed. Reporter my absolute pleasure. Good morning to you. Theres even a petition out there to make one dead kind of get away from the u. K. They call at one dependents. They can join the e. U. As the city of london. All silliness of course. Talk of a second referendum. The bottom line is i dont think theres any room for it. We expect the big rally in the center of the city today. Estimates from 35 to 50,000 proe. U. People out there. Obviously upset about the outcome of the votes and pledging their support to their neighbors signed europe. Meanwhile, the battle over the labour leadership, the Opposition Party in the u. K. Goes on to somebody meltdown that continues. More people jumping off of jeremy corbins bandwagon and others joining. He he refuses to step therell be a vote of confidence on him as the leader today. By the double force them out true believers survive to the end of the week . Up until now hes dug in. David cameron, whitney left to be had having to go to brussels and facing his counterparts. They probably ask why are they talking to you . Youre not even negotiating the uks exit. Hes going to have to have a tough time. When time. Would not want to be him today. Lauren Ashley Webster, thank you for a match. Nicole in sports, wimbledon got underway. One tennis teacher pulled out a huge upset. Its finally paying off. [inaudible] train to the guy must be going crazy. We will have all the highlights for you. Bring your umbrella. Fox made maria molina. Check him out u. S. Stock market futures without perez up 189. S p futures up 21. Nasdaq futures up 45. All three up 1 . You are watching fbn am, your first like at morning markets and breaking news. Nicole a state cop global action. Europe of paris this morning after 10 selling since the british exit though. Btx in germany at 2 and the cac at 2. 3 . Lauren a major selloff over the past three days for u. S. Stocks. The nasdaq futures are 1 as well. Nicole the highest level in two years. Oil is higher by 85 cents a 4718 a barrel. Gold done 9 at 1315 a troy ounce. Lauren if you look at currencies from the british pound has indicated the course of trading. Stocks are up as well. Strings for the euro for the euro, pound, Canadian Dollar and the peso versus the u. S. Dollar. Nicole lets take a look at the latest from the world of sports. Wimbledon began yesterday. The world number one won in straight sets. 64. Venus williams by a score of 76. Number three, Roger Federer finishing the second round continues at 6 30 a. M. Eastern time. He has a very interesting opponent coming up and that is Marcus Willis a tennis teaeacher on the verge of quitting. His new girlfriend convinced him not to and then he won. Upset Ricardo Branca sue is ranked 54th in the world. Talk about an upset appeared will be on wednesday. Nicole he will not take the minivan to six team even includes coach reacted quickly as he immediately quit. Coach ray Hudson Contract was due to expire after euro 2016. He expected theres no way he could stay on the job after this. Lauren another loss for england. Thunderstorms hitting parts of the northeast. Extreme heat building once again in the southwest. They heat up as red hot. Maria molina live in the Weather Center with the latest. Reporter all kinds of extreme weather. Tracking potential for Severe Weather including states like colorado and also went to a looking at thunderstorms later on this afternoon. Some of those could be bring in potential for isolated tornadoes, damaging winds and large hail. Theyve should be picking up as he had surgery today. The northeast to the day forecast for today. The reason is they have a cold front pushing eastward and that will be the focus for today later today. We always have showers associated with delaware and maryland and therell be potential for isolated severe storms with maybe some damaging wind guys out there across parts of the northeast. Temperatures in parts of the Southern Plains typically very High Percentage here. Looking at that in the forecast with the upper 90s than in the southwestern u. S. , more triple digit heat. 110degree should be the High Temperature this afternoon. Over to you. Lauren maria molina, thank you. Nicole coming up, donald trump with a major speech on trade policy. Elizabeth warren is the stuff for Hillary Clinton. Donald trump says he will make America Great again. Its stamped on the front of the city has. You want to see goofy . Look at him in that hat. Nicole coordinated outfits no less. David cameron facing off with his e. U. Counterparts today. This will surely be tense meetings as britain begins to negotiate its way out of the European Union. Check at u. S. Stock market futures. I paris today. S p futures on 20. You are watching fbn am, your first look at morning markets have breaking news. Lauren after suffering 3 trillion in losses, go full text crisis on the rebound. Good morning. Lauren simonetti. Nicole good morning. Im nicole petallides. That market futures this morning which are shapely higher this morning i had of the opening bell. Financial stocks have been hammered. Those stacks now recovering for the index opening up 1. 5 . Of 2 seen at least 2 gain in the dx and germany. Nicole japans nikkei up higher. One 10th of 1 paid to shanghai composite up half of 1 . Lauren oil prices to the upside you were to 7. 20 a barrel. After losing 13 of the last two days, the british pound recovering the lost ground to 30 year lows. 133 for the u. K. Pound. The mexican peso lost higher while the japanese yen a seeker against the greenback this morning. Lauren donald trump ready to deliver a major speech. Talk about a british accent not the only thing getting attention monday. Wimbledon tennis got underway with a shocking upset by tennis teacher. Nicole 5 31 a. M. New york. We welcome you to reporter, your first look at todays markets, latest breaking is and what to expect if they had. Lauren in reaction to britain circulate the European Union. European union. Check in and nonus teachers now you can see to have futures higher by 192 points. Nasdaq futures higher by 43. Joe rundle told us earlier that i will be shortlived. Lets ask cadena Group President and Fox News Contributor if he agrees with that. Good morning, gary. I think it is. You know, coming before the whole ftse thing i was a little bit bearish. This relieves a lot of my bearishness. Number one, nothing has actually happened with the british economy. Too, even when they invoke article 58, it will still tak