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Right now. Thanks a lot of red on the screen heres the question. Is a summer stock swoon starting were down across the board. The once red hot nasdaq at its lowest level since midmay stocks bringing us down on tesla. Worst performer on the nasdaq 100. Well tell you why huge downgrade for ge. Why one analyst urges you to sell that stock and answers our question of what is the biggest mistake ge has made. Thanks. Im michelle carusocabrera. Heres what else is happening. Microsoft officially announce being its cutting 3,000 jobs. Liberty media buying the rest of hsn. 2 billion deal brings the nati...

Of energy and ordinance. Kim jongun seemingly unfazed and mocking the United States saying icbm was a gift to the United States on its independence day. Today, the meeting on the north korean threat seemed to accomplish little if anything at all. Listening to ambassador nikki haley, it was clear the United States was caught flatfooted by the norths missile test and had little in the way of specific recommendations to discuss with other member states. Fox news Senior Correspondent Rick Leventhal at the u. N. With our report. The secretarygeneral strongly condemning the launch of a Ballistic Mis...

With Vladimir Putin. And Steve Scalise is readmitted to icu over concerns over an infection. And well continue to bring you updates there. Virginias governor, mccauliffe admits that the democrats dont have a leader, and cant name who will take them into the next election. Varney company starts right now. Finally on both sides of the atlantic, our citizens are confronted by yet another danger, one firmly within our control. This danger is invisible to some, but for millions at the polls, the steady creep of government bureaucracy that drains the vitality and wealth of the people. The west becam...

Stop and work with me on some of the crises going on. A very busy for us and very busy day for people selling on wall street and a lot of this having to do with whats going on. President Trump Holding bilateral meeting with Angela Merkel. Blake berman with the latest. All the stamps of the countries, whats the latest. Blake collecting stamps, neil. Neil right. Blake its fun traveling around the world. Cant complain at all. [laughter] neil whats going on . Blake hamburg, President Trump is set to meet with Angela Merkel any moment now. So many stories when you look at the g20 summit thats going...

Hours time. Lets get a check on where stocks are trading with abigail doolittle. We had a selloff yesterday but are recovering today. A nice rally for the major averages, the dow, s p 500, and the nasdaq are all higher. They had been on a pace for weekly decline, and now pacing for weekly gains. That is an impressive turnaround based on that betterthanexpected jobs report. Bloomberg did break the news that there are scheduled talks for a potential sale, and this chip designer has been up 8 , for his best date since 2012, now on pace for the best date since the beginning of the year. A Bloomber...