The move comes as transgressed off with russia to the commanderinchief said to me when its foreign minister lavrov serbey eight. What can we expect from that meeting later on . Police are carrying out this morning. Disney looking for magic when it comes to espn. The latest earnings report. We will break down the numbers coming out. Opening for the dow industrials down 50 points at the open. The other averages down fractionally at this moment appeared in europe, stocks mostly lower. St 100 is higher a quarter of a percent, but the cac quarante trading fractionally lower. Japan and hong kong. China and korea down. Pepsico spices up and teams up with 711 to set set customers taste buds on fire. Weve got a look at the nutri coming out. All the stories coming up. Fox Business Network dagen mcdowell. Riverfront Investment Group chairman and chief Investment OfficerMichael Jones with us. Kirsten haglund is here. Good to see you. What a big day. Dagen big night. Big everything. Maria and President Trump sat down with the last april, he basically foreshadowed this. He said i had confidence in comey, but come about, he went through all the things he thought were wrong with the way comey conducted himself. A lot of them talking about the fbi come up organization of the agencies. Thats an issue. Dagen you in that interview pressed President Trump on why is jim comey still in that job in something youve discussed on the Program Since the election and what went down. By acting now, that is causing kind of a fires armed. Maria because they are the middle the russia probe investigation, which has been going on a long time and we continue to hear no evidence of collusion in the investigation keeps going on. I think the big question is as you pointed out, it was a mystery at the beginning. If you think about it, comey was clumsy and how he handled dont tell the attorney general to move forward with the prosecution. He was even clumsier with the sober revelation that he be up in the investigation. Politically he just didnt seem to have the chops to be the fbi are. Why is he still there . Why is he now letting go . To be fair he was in a tough spot with his loss after his loss had a meeting on the plane with bill clinton two days before Hillary Clinton was interviewed by the fbi. Dagen but hes damaged goods by the time of the election. So they acted now, we can discuss it later, but there is a reasonable explanation now. Maria will talk about that this morning. Joining us is former under secretary of state for Political Affairs under george w. Bush, Nicholas Barnes is here. Assistant director Jan Testerman with us. Fox news senior judicial analyst judge napolitano is here. John hogan is here and the lucky county sheriff david clarke is here as well. Hes being talked about his potential replacement along with three of their names we will give you coming out. Start a new of washington right now. President trump fired jim comey over his handling of the email investigation. In a letter sent yesterday, the president said while i greatly appreciate you informing me on three separate occasions that i am not under investigation, i nevertheless concur with the department of justice that you are not able to effectively lead the bureau. Comeys dismissal comes as the agency continues the investigation into russian meddling in the 2016 election and russian ties to campuses this. Most recently under fire from you stating how many sensitive emails Hillary Clinton aide forwarded to her husband, anthony weiner. I was just last week gave nonetheless, heres what the president told me about keeping comey around just last month. People are wondering us are wondering if scratching their heads with so many obama era staffers are here. For example, was a mistake not to ask jim comey to set down for the fbi at the outset of your presidency. No, its not too late. I have confidence that we will see what happened. It is going to be interesting. We have to just come about, so many people want to come into this administration. They are so excited about this administration and what is happening. They occurs, lawenforcement people. Everybody wants to come into this administration. Dont forget when jim comey cannot come a saint Hillary Clinton. He saved her life. I call a comey one. I joke about it a little bit. But he was pretty most judges, she was guilty on every charge and then he said she was essentially okay. Maria joining us now is deputy of the Counter Terror division. Good to have you in the program. Thanks for joining us this morning. Your reaction to the firing. Well, all of this was set in motion. So many people talk about when he decided to come out and tell the whole world that essentially was going to pass on doing anything with Hillary Clinton. Think about point, even in the fbi, there were a lot of scratching head and a lot of people wondering what all of this was about. Quite frankly, he missed the decision. It was essentially very simple. Referral of this to the department of justice in that they make a decision. For some reason he decided to go ahead and do what he did. I really think that is what this is all about. I dont think this involves the discussion of russian pollution. I dont think this includes anything nefarious. In the department of justice we all know the fbi subordinate to the attorney general and the fbi director has the answer to the attorney general. The rules are pretty clear on anybody doing a press conference and they apply to everybody and that is you have to get permission from the department of justice to do these kinds of things. He kind of went off on his own. People never quite understood. I didnt quite understand that. At the same time, we have to understand he served his country well for many years. This is one of those things that is washington d. C. Us. Thats like glad i live in tampa cisco now. It is just one of those things. I think he made the wrong call and it all caught up with him. I dont think it reflects on the white house are all these other things usually are. Maria trade for comic timing of it is being questioned. The media asking if this is related to the russian probe. Dagen and senators from both sides of the aisle. We heard from senator uck humer wouldve thought was no fan of jim 10. Senator schumer talkingbout the timing of it, but also senator richard her. His opinion is critical because the set of the Senate Intelligence committee. Mark warner, the minority leader on that panel also concerned about the timing. There may be some explanation as to why now. You have Deputy Attorney general Rod Rosenstein who has just learned last month and is critical for him to step in. He was seen as a very nonpolitical figure to look into jim comey in his handling of the email investigation and it was a report from him that was released yesterday. Rosenstein said comeys actions at the discount is terry was talking about last summer badly damaged the fbi. They have a director who understands the gravity of the mistakes. This is critically important. Again, it always goes to something you brought up early on. The people who work in the Trump Administration, these roles have not been filled. Only within the last several weeks that Rod Rosenstein, deputy ag has stepped into his role. That might explain why now. Maria bloody thing, it terry, do you agree with that . Ey probably began an inquiry last year sometime after the july press confce about by theay. It sometimes takes many months to have this completed. I have a confluence of everything coming together. If he bought the department of justice. The decisionmakers. Kind of the inquiry done. Im sure direct your comey has talked to people about his decision and has said similar things to what he told congress. People finally have to make decision, seems like he would do this the same all over again. At some point you have to just decide what youre going to do and move on and i think they decided it is time to do this because the fbi internally is probably affect it by what he did at some of these other things that happen. For example, a lot of people i talk to send flashier have expressed amazement at the way the energy of Hillary Clinton was put together. Thats another problem and is bigger problem and a speaker and a lot of problem and a speaker and a lot of waste in the press conference. When you start telling fbi agents how to do interviews and when you hear stories that make us sound like there were more people in the but they Hillary Clinton team than there were fbi agents during the interview which is probably to comment their simulations you have to scratch your head about again. None of the rest of us to be treated like that. That is not a late fbi interviews happen. You dont have the subject come in and allocating its share wearing a crown. It just doesnt work that way. Strange issues that if its recorded, its not going to be recorded here. Com but i know what jim comey to do the interview. Again, it was that recorded which is extraordinary. Michael jones, will mean that the leak stopped. It now, i think it is probably too much to think that comey is the source of all the leaks. Maria but did he stop them . Theres a culture that starts at the top. Is a good point. I think probably the leaks as much as anything are so many competing Power Centers in the white house. Theyll have different motivations. Im not sure, is the fbi really going to be focused that much on the team especially some of the reforms postwatergate. The question i have is if i were in the white house, i would be focused a lot less on the press conference in july and id be focused an awful lot more in how he handled the reopening of the investigation in a covert cac quarante is that within trust her. Usually handled and it really showed a kind of lack of awareness of the political sensitivity of the fbi are. Last week he testified, huma abedeen had transferred hundreds of thousands of emails to anthony laptop here that we found that it wasnt hundreds of thousands of emails at all. Fredricka had to basically amend his testimony. The wall street journal has incredible as are recorded on the front page but there is a growing frustration within the white house that jim comey step up and say very firmly there were no ties in terms of the Trump Administration in the campaign in russia. These are my words that he was a show pony showing up in the tv cameras a little too much. The white house is saying president chun provided the recommendations of Jeff Sessions and the deputy ag who i mentioned, Rod Rosenstein in terms of inspiring, terms of inspiring, if there is a set of the fbi comment is the leaks and President Trump ordered it. Thats my speculation to be clear about that. Maria all really good points he made and be a slave the truth is we dont have any evidence of any collusion between trump and the russians at this investigation keeps going on. My question is how much is this costing . We keep coming up with nothing. In any event, thats another conversation. Good to have you on the program. Thank you, maria. Maria antiterror raids in the eastern part of the country. When the crackdown next. Maria welcome back to developing germany. Police detained several islamist suspects. Cheryl casone with the details. Thats right. Several islamic militants in the eastern city of love take coing to german media. Police in the city confirmed several propertie were searched earlier this morning. According to several media reports, local reports, the operation allegedly targeted suspected members of the Islamic State and other organizations in the series of a war. Well keep you posted as to give her details this morning. Meanwhile, an emergency declared in Washington State at the Hanford Nuclear reserve after a tunnel full of radioactive train cars collapsed. Thousands of workers were warned to take cover from the 20 by 20foot area that suffered that collapse. All nonessential employees were sent home early. Hanford spokesperson said there is no indication contamination spread during the event. Officials continue to monitor the air quality and work on how to fix the tunnel. According to the department of energy, 20 million pieces of uranium metal for nine Nuclear Reactors have now been made. Tech giant apple has acquired the hardware maker guided. It has updated its Privacy Policy to enhance the acquisition. Also makes the apple watch after they have a sleep monitor which gets placed under a bed sheet and assault on apples online store. Very compatible with the watch for the acquisition personally tracking is a very soughtafter feature for the apple watch. A lot of watches. Disney coming out after the bell. They did report makes secondquarter numbers. The company be done in the 1. 50 per share above the analysts estimate that they missed on revenue of 13. 3 billion. This is of course coming and continued weakness at espn which they talked about in the wake of recent fats affect the intestines of onair talent. They give their subscribers in the quarter. 12 Million Action glosses over the last six years. There was some good news in there. Disney parks are an increased 9 . Studio entertainment increased 21 . Obviously big part of that was the beauty the beast, nasa had a nice above the continuation of the Star Wars Franchise in the fiscal Second Quarter for disney. They expect in the free market. Maria cheryl, thank you it may come back, volatility in the market. What it means for a buying opportunity. Pepsi getting fired up the soda giant teams up with 711 to put a hot hot twist on a cold tree. Look at the new drink is to follow the breaking news of the morning. Jim comey out at the fbi next. This is where i trade andrs. Manage my portfolio. Since i added futures, i have access to the oil markets and gold markets. Okay. Im plugged into equities trade confirmed and i have Global Access 24 7. Meaning i can do what i need to do, then i can focus on what i want to do. Visit learnfuturestoday. Com to see what adding futures can do for you. Maria welcome back to futures indicate a lower opening for the broader average. Down astros down 50 points. One night of investors are looking at is the lack of volatility in the mark. Wall street socalled tiered gates close at the lowest level in 25 years monday. Is that an ominous sign that people are not worried about anything . Jimmy montgomery, chief investment strategist. Good to see you. Your reaction to the volatility. Is this something to worry about . For the lack thereof. The point in terms of it being the grand legacy and distribute or indicative of perversely low rest. We also look at a couple things, for the minneapolis paper reserves published a survey that reported respondents to less than 10 expected a 20 correction or more in the next six months, the lowest since 2007. The yield crash index which is a contrarian indicator by way of once again asking respondents the likelihood of an imminent crash. The lowest in more than 10 years. A couple of their input that while you could challenge the efficacy of the index are all pointing to the same thing. A lot of liquidity around the web looking to be treated more favorably than perhaps where they are in a local basis. The u. S. Has a low beta equity for us by volatility standards. Theres a principle principle alive and well. Maria no alternative. The fact that things are reasonably good. We have a sanguine view about Economic Conditions at the moment. Put that all together and theres a reason its deserved to be low. The lowest since 1993 is a debate, but it should be low. The low volatility seems to be more of a complacency masher. Are you more worried about complacency versus euphoria, which tends to be the market environment where you tend to get worried. I agree with you there. Assess and said, when everybody is greedier euphoric. I think we dont have necessarily euphoria as much as complacent day, which i think means the overdue correction that everybody is six back to you, not us necessarily considerable in size or duration, but it likely to seems primed is one that should be blocked rather than necessarily derail it. The complacency is buried in an environment where it might not take bad news, just disappointing news on the political front by way of Corporate Tax reform not coming through as quickly worth its Corporate Tax reform light tax reform light, not the same impact on profitability the markets but a big down payment on. Dagen that tell you that the fired jim, todays stock market is that you have a new firestorm that just started down in washington d. C. And certainly now turns the attention of all lawmakers either the house or senate at this comment to the fbi investigations have any potential collusion between the tribe campaign and russia. You name it. Now theyre really distraught at abc. How does that play out in the market . You are right to consuming resources that would either be sequencing of Health Care Reform and getting that results Like Congress and the administration can move on the Corporate Tax reform. To the extent these things are a component where we can get some massive upside surprises coupled with with the massive downside surprises are manting in the down side issues now and it continues to soar to usurp what the market wants most, which is Corporate Tax reform. Interesting point you raise. Is that when markets are down . Its only 50 points. Im wondering if what train for his fam