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Policymakers talk about Interest Rates. Also we report on the u. S. Economy growth in the Second Quarter. We would give you a preview. Asked by the comes the first u. S. Retailer to sell the apple watch. Goes on sale in august just in time for the holiday. We will have the details and breaking right now we have a 40 billion deal in the generic drug industry. The generic drug vehicle makes botox. I am Dagen Mcdowell in for sandra smith. Welcome to fbn am cover your first look at todays america to come to the latest breaking news and what to expect for your day ahead. Breaking news right now thi...

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triple jumper, but most importantly, he was mark zuckerberg's college roommate. the 14th person in the world to have ever been on facebook back when it was a college. he lived in strauss hall. >> a couple famous people lived in emerson tlou obviously many of poorer. >> what a group. carl, we look forward to that, and much more from the olympic games. meantime how are we setting up in the united states on the u.s. futures? we do have a 1% gain. our road map meantime starts with the waiting game today. the question, will it or won't it deliver or hint at monetary sim lulls? could the s...

of 40 points. 1 1/3 points. s&p looking at the best day since march 13th with a gain on the session at 1386. right to bill griffeth we go at the new york stock exchange. bill? >> what was all of the hammering about? what's fueling this bull run today? that's what everybody wants to know about. a lot of things, among others, the china effect. despite the weak report on initial jobless claims and a batch of disappointing ipos, we are seeing stocks rally on speculation that china will be able to avoid a hard landing ahead of its are release of the first quarter gdp data. that comes in o...

experts standing by to answer that very question. but first here's a look at the major selloffs. the dow is down 123 points right now at 13,076. the nasdaq down 1.6% or 52 points at 3,061. if the s&p closes around these levels, down over a percent at 13.98, maria. >> financials leading this decline. let's take a look at the big blue chips with less than an hour to go. financials among the big laggards. jpmorgan chase for one. citigroup down sharply. on a sidenote, we are waiting for jamie dimon's annual letter to shareholders. that is closely watched over the last few years. since th...