In europe, the markets are mostly flat as well. Vikings in france and germany at the moment. Asia overnight stocks were higher across the board. Tragedy in new york. A Police Officer has died after being shot while sitting in her squad car. Authorities calling it an assassination bid the details from the scene had. Moving onto Silicon Valley commit tax billionaires betting on the future. The new project of link didnt think will help the Democratic Party down the road. Apple giving the iphone a new look literally. The major role that facial recognition is to play in the companys next device due this fall. Gordon haworth cashing in for the former utah jazz start moving to the balked Boston Celtics to the tune of 128 billion Million Dollars. Celebrating our freedom. Lighting up the night sky across the United States celebrates the fourth of july last night. Prior to his trip abroad, President Trump taking time to honor our nations heroes while celebrating Independence Day at the white house. There can be no greater privilege than to serve as your commanderinchief. I pledge my unwavering support for you. The countries doing really, really well. No matter where you look, the economy is blazing and on every front we are doing well and we do have challenges, but we will handle this challenge is. Dagen so much more coming up this morning. Cfr investment strategist lindsay bell. Good to see you, lindsay. Spin the good morning. Trained army intel officer andrew peek, thank goodness youre here to talk things on north korea. The last three administrations, what they did to try and prevent the growing Nuclear North Korea while all that failed in what we to do differently. And harlan hill, former trump for president guys remember. Good to see you. Im interested to hear what you have to say about the big money out of Silicon Valley. Much to say, ray. Dagen its not the money, its the candidate. At least they are coming up with a Winning Strategy and hopefully they can find a candidate articulated why she wants to run. Dagen or heat. Arizona congressman andrew bates is the best. Ron desantis and former texas congressman and ask president ial candidate, dr. Ron paul. You dont want to miss any of those gentlemen. Right here, right now, Warsaw Poland this morning before heading to the g20 summit in germany this week. The president s second foreign trip comes amid escalating tensions with north korea after they launched the first icbm Intercontinental Ballistic Missile. Fox news correspondent Kristin Fisher is in poland ahead of the arrival and has the very latest. Good morning, kristen. Good morning, dagen. It was not ready, north korea shot to the top of President Trumps list. Hes already scheduled to be meeting with north koreas neighbors at the g20 summit later this week. Japan, south korea, china, russia. The first, poland. The President Trump a little bit later today he will likely repeat a much warmer welcome than the one hes expected to receive and germany. A lot of similarities in the Trump Administration. They favor a more restrictive immigration policies and want to remove a lot of the environmental regulations. The nato allies actually made the commitment to spend 2 of its gdp on this ad. Something President Trump has been calling for since the early days of his campaign. A lot of similarities. The question is will they differ on one issue that matters the most and that is russia. Right now, for many years, poland which shares the border with russia has been very weary and once President Trump to weaken his commitment to nato. The military buildup in Eastern Europe in Eastern Europe has really ramped up back in 2013 after they invaded ukraine. President putin wants the exact opposite. Trump has to choose here to some extent whether hes going to prioritize the nato alliance, prioritize transatlantic security with European Countries to deter russia or prioritize with russia. So now after this buildup on the campaign trail with a better relationship between the u. S. And russian relations and allegations of russian meddling in the u. S. Election in the ongoing investigation. Finally, the first facetoface meeting between President Trump and russian president Vladimir Putin just days away. Thank you so much. With us now from washington, Republican Congressman andy biggs arizona appeared but are you hoping to see during the president s second foreign trip . I would like to see put together some strong relationships that continue. What i would really like to see is to start defining internationally what americas strategic natural interest looks like picnic on a long way without that being defined and thats important. Hes talked about bilateral trade relationships. I think he needs to look to solidify those and as he is doing that, what is going to happen is our economy will continue to soar because of that. Dagen congressman, is it hard for the president to get a wind in terms of Vladimir Putin because any anon photographs would get from the video, the competing Cable Networks will have people analyzing the body language. Regardless of the kind of interaction. His detractors are going to do exactly what they say. Those videos are used for reelection, et cetera. He made to set that aside and tried to let Vladimir Putin. That is what we want. I want him to define the interest. Four years ago he would have been thrilled they are looking to try to have some approach meant with russia. Right now because they are trying to move that way, people get freaked out in the know. He also needs to be very careful because weve got these investigations of russias participation in our election out. We need to look into that seriously as well. The reality is i think we should be looking very carefully to see how the meeting goes. Dagen congressman come i do want to turn specifically to the threat from north korea. The leader kim jong un vowing that his nation would demonstrate his medal to the u. S. And never put its Weapons Program up for negotiation. This is one day after a test launched its Intercontinental Ballistic Missiles, one that potentially could reach alaska in the United States and it is a mobile from a mobile launchpad, which again raises the stakes in terms of us trying to tamp down this nuclear threat. So how do you think the u. S. Should respond to this kind of provocation . Diplomatic pressure work because three prior administrations have failed. Well, the problem that you have here is multifaceted. This is complex because we have been feckless like you say for the last three administrations. Weve let this happen in the same time President Trump has been relying on the chinese to put pressure on. China has not done not because they are concerned about a massive refugee influx from north korea. Youve got that to deal with. When we rely too xi jinping, its very difficult in some ways because theyve got their own interests. At the same time the south Korean Leader talking about trying to increase economic activity, incorporate olympic teams even with south korea and china have said we dont like the fed been in south korea. So we have to continue to put the pressure on north korea, but we also have to define our Strategic Interests and say when the south korean president is not taken the hard line we are taking, we need to reevaluate that entries. Andrew peek has a question for you. Ill point it is not just china worried about are refugees program. China profits from its relationship with north korea. Trade has grown by 37 in the First Quarter of this year tenfold in the last 15 years. China supplies the very missile materials to north korea and they made the icbm possible. Absolutely. Russia and china together have altered a halt to the north Korea Program and its Nuclear Program if the u. S. Stops carrying out largescale military exercises with south korea. Why would we take that deal . At the dealer should seriously consider. It gets back to what i was saying, which is visit our Strategic National interest to be keeping 28,000 troops in south korea when their president has indicated he would like to gather a close relationship with north korea and try to at least ameliorate the situation. The question is is a provocation on our part to be conduct in widespread military exercises in that area. We certainly need to reconsider that. Dagen congressman, good to see you. Happy fourth. Coming up, new york city Police Officer killed following fourth of july celebrations. Details on what authorities are calling an unprovoked attack. An assassination is next. Honoring americas heroes, President Donald Trump with military members from a special speech on independent day. This touching tribute straight ahead. Isnt this fun, living like the pioneers of olden times . I hate the outside. Well, i hate it wherever you are. Burn. Burn. Is that what the kids are saying now . Im so bored, im dead. You can always compare rates on progressive. Com. Oh, thats nice, dear. But could you compare camping trips . Because this one would win. All i want to do is enjoy nature and peace and quiet its not about winning. Its about helping people find a great rate even if its not with progressive. Ugh. Insurance. When i said peace and quiet, did you hear, talk more and disappoint me . Do do do do skiddly do do camping with the family [ flame whooshes ] dagen breaking news overnight. An n. Y. P. D. Officer died after what authorities call an attempted cop assassination. Cheryl casone for details. Reporter yeah, good morning, dig in. Shot in the hat around 12 30 a. M. Local time when the guns fired one round. The 12 Year Police Veteran in extremely Critical Condition when she was rushed to the hospital to the gunmen struck an innocent bystander in the senate. The victim is then stable condition. Officers chased a suspected gun man and shoot him dead. Again, a new york city Police Officer and what they are calling an assassination style attack. Switching gears here. Americans celebrated the fourth of july all across the country last night. The nations largest fireworks display was of course right here in new york city. 60,000 launched last night in the macys Fireworks Show as thousands gathered to watch President Trump celebrating as he thanked u. S. Military troops at the white house. We are thinking them, praying for them and saluting them for their selfless sacrifice. There could be no greater privilege than to serve as your commanderinchief. I pledge my unwavering support for you, for your families and your missions. I will always have your back. Reporter and massive celebrations were out of this world of course. Look at the pictures. Wits and adjust the shared representing the country in style at in style at the flag stand photo shoot. Then of course they treated out a video of the celebration from the International Space station. What a way to do it. Back here on the ground. One california town celebrated with fireworks firework. Bubble wrap instead. Thats not annoying. For the past 14 years, residents in Tahoe National forest laid out double wrap on main street. Fireworks not allowed in the national forests. Bubblebath has become their tradition, dagen. No thanks. Dagen you cant shoot off fireworks. What are those found . My skin crawl. By the way, hearing fireworks are not seen not as annoying. Trust me. I was in bed last night and people were out after the new york city fireworks on the hunt and firing off fireworks in that sounds obnoxious. You cant see them. What did you do for the fourth . I had an all american fourth of july. The yankees took another step away from the title and then i watched the fireworks and they hung out with my friends on red hat. It was like an awesome chat room. Everyone is posted in red white and blue fonts. Dagen you are hilarious. What you have to say . Being a dog owner, i wouldve much preferred that. A lot of dogs run away on the fourth of july. What a. What did you end up doing . I went to five guys, how do berger and some hot sauce. Dagen i did something wholly unamerican. I napped all day and watch the Great British bakeoff. Thats what they did. It puts you to sleep. Coming up, President Trumps agenda at risk . A closer look at Market Reaction is the gops reform hangs in the balance. Apple is said to be looking at using your face to unlock the next iphone. Why the new feature could start a legal battle straight ahead. Just not trained to look at futures this morning. A little bit of a turnaround. The dow up four points. Markets were closed yesterday for the fourth of july holiday. President trump said to depart for poland about 90 minutes from now. As the commanderinchief takes the message abroad, questions remained over his agenda at home. Take a look at the futures they are. A little shot of parliament hill. Joining us now is managing editor todd oakley. Taking a hit because of the uncertainty surrounding the health care reform. Is there anyway to read how the market might react to what it does get or doesnt get done between now and labor day . Not really. I dont think there is a lot to think about. Most people probably think theyll take recess and not much will come out of it. As far as taxco, and they are in the stock prices at this point. We will have to see. Nobody knows. Dagen the markets arguably in large part from the time of even the election uncertainty you not duration argued on progress changeup in washington. Health care reform and tax reform. If we dont get that and it looks increasingly likely that talks to form a happen, anytime before the end of the year, dont the markets give way and fell off . You know, i think you are right on not. I remember in the past years when youd have some Tax Implications coming, people would wait and not valid because they would my taxes will be lower later on and it never really did happen so you brought selling in the market place. That could have been here. People are probably getting frustrated. I thought there would be tremendous change in the year and there really hasnt been. Im not sure they havent reversed things. They probably shouldve gone through taxes first and obamacare second. At this point im not certain either one will come through by the end of the year. Dagen here is on the ball. Ive a question for you if we dont get tax reform our health care, we saw the defensive sector take the lead in midmay when politics sort of went a little crazy with the russia investigation and everything. Is that the way you play the market in the second half of the year for the next 12 months. In other words, if we dont get any other program of reforms. Well, it could be. They would probably go flat. They Beat Technology would keep on going. By and large, most sectors at the top six or so are really expensive and its hard to say which one would come to the forefront. But i have a sense that the more defensive sectors would come back into play and probably the bond market would do better than i would expect at this point. Weve got some selloff in treasuries just recently. Theres a story in the journal about the Federal Reserve talking about how it begins unwinding its balance sheet. There is nervousness they are. A 2. 35 on the 10 year gilt, that might be attractive to some. On the friday jobs report, economists expecting 180,000 jobs added last month. The Unemployment Rate of 4. 3 . Again, the prior month in may was a disappointment. What are you looking for . Well, that is not something we follow as closely as wage growth because we think wage growth has a bigger impact on economy. I dont know that wage growth would pick up. I think you could have won 75180 on the job and still not necessarily have anything in wage growth. We think that the most important factor on whether you get the economy going or not. Wage growth has been reduced so its pretty hard. What was said in may . It was like to five. Theyre expecting to six this month. Not much of an improvement. I want to get your take on this. If we start getting numbers that show weakening, auto Sales Numbers through ford, chrysler and General Motors were not good for last month. Consumer spending up one 10th of a percent. If these numbers are weakening, does that give republicans off their backside . Heres my question. Republicans control the house since 2010. Whether they been doing down there . So many repairs and replacements they voted on. As soon as they had a republican in the white house, they didnt have something pass have something passed by the republican caucus. What have you been doing in washington . You shouldve had a couple and pulled it off before the president. Dagen i can see the look on your face. Ted, good to see you. Thank you f