>> so let me stop there. thank you. [applause] >> breaking news this morning, fed chair janet yellen faltering in a speech last night. but she did not falter on interest rates. she said expect a rate hike this year. nicole: i'm lauren simonetti. lauren: tgif they say. investors at the timing yellen's firm stance on rate hike bullish for u.s. economy. u.s. stock market futures taking cue up sharply ahead of open.
nicole: in a few hourss pope francis addresses united nations. we'll have a preview. lauren: president xi jinping will hold a news conference with president obama. cybersecurity is expected to top the agenda. nicole: volkswagen expected to announce a new ceo, nominating porsche's ceo mueller, to. first look at today's markets, latest breaking news and what to expect for the friday ahead. lauren: we'll certainly talk about janet yellen because the federal reserve is on track to raise interest rates to record lows by end of the year. fed chair janet yellen laying out federal reserve's plan at a university of am mers. >> most of my colleague and i are likely conditions to raise interest rates over quite
gradual pace over next few years. it is important to emphasize, however, the timing of the first rate increase and any subsequent adjustment to our rate target will depend how developments in the economy influence the committee's outlook towards progress towards maximum employment and 2% inflation. lauren: she is the fifth fed member to allude to some sort of rate hike. that is, sparking futures to the upside. at end of the speech, yellen faltered took long pauses and several times before she tried to finish. >> monetary policy will of course change. so, let me stop there. thank you. [applause] lauren: according to a fed statement janet yellen felt dehydrated at the end of a long speech. she was under bright lights. she was checked out by emt
staff. and continued with her schedule last night. federal reserve along with financial markets will look over final estimate for second quarter gdp, gross domestic product that will be late they are morning. it is expected to come in 3.7%, unchanged from the prior reading. key indicator from the economy. you want good news. nicole: do a market check. janet yellen's comments helping to spark a global stock rally in europe and here in the u.s. you have a mixed performance. nikkei up 1.75%. lauren: let's bring up europe. let's see. what a morning in europe! ftse up 2 1/2%. cac up 3.3%. dax, 2.8%. move to the upside. you can call this a snapback rally. nicole: check this out. i want to point out. it has been a dis3458 week. everything down 1%.
nasdaq 1.4, 1.5% across the board. lauren: checking key commodities. you know what is interesting, nobody is buying gold this morning, down 12 bucks. that is one full percentage point. look at commodities, look at oil, up 18 cents. nicole: for the past two days gold has seen the nice jump. biggest two-day jump in a month. we'll take it. you have weakness versus the euro, pound, canadian dollar and japanese yen, nicole. lauren: look at 10-year treasury yield 2.15%. nicole: well president obama and chinese president xi jinping expected to announce significant steps to combat climate change. the white house officials includes a pledge by beijing to launch a program by 2011 to cap emissions to put a price on carbon. to be unveiled shortly after the two leaders meet this morning. president xi's first state visit
begins 9:00 a.m. a joint press conference is scheduled for noon. lauren: turn it to the pope. we've been watching that closely. the holy father here in new york city. pope francis arrived in manhattan yesterday, holding an evening prayer service at st. patrick's cathedral. today the pope will address world leaders at united nations. take part in a service at the 9/11 memorial downtown. that will be this morning. visit a catholic school in east harlem. he will hold a mass this evening in madison square garden. he will be very busy before leaving washington, d.c. yesterday the pope gave historic speech to joint meeting of congress. immigration was one of the major topics he touched on. >> we, the people of this continent, are not fearful of foreigners. because most of us --
[applause] because most of us were once foreigners. lauren: pope francis planning to leave for philadelphia tomorrow morning. another theme in his speech was the importance of family. nicole: people in the studio saying right now they love this pope. 78 years old. busy schedule for him. fallout from volkswagen emissions test rigging the company will name the currently the head of porsche sports car brand as its new chief executive. mueller is 62 years old. they're also expecting to ask resignations from several top engineers. shares have been on the rise since the ceo announced his resignation. lauren: unbelievable brands. not just volkswagen. it's audi. it's lamborghini. it is bugatti. bring them on, right?
sexy cars there. new poll shows hillary clinton trails bernie sanders in new hampshire. according to cnn/wmur poll, sanders gets 46%, while clinton has 30% followed by vice president joe biden who hasn't decided whether or not to run, he gets 14%. many presidential candidates marco rubio, ted cruz, ben carson and bernie sanders took time from the campaign to attend the pope's speech to congress yesterday. jeb bush was on special report talking about one of topics of the speech, climate change. >> the pope is religious leader. he is not a political figure. he never said he is political leader. look, the climate is changing. it is a creation of god. people of faith i think understand that. we should be protective of the environment for that very reason. we have a responsibility that goes beyond other species in that regard.
lauren: today republican presidential contenders will father in washington, d.c. for the values voters summit. nicole: new "fox news poll" says 44% of voters currently approve the job president obama is doing. the number is up a bit from last month but half of voters say they disapprove. the president's job approval rating hit the low which was 38%. that was last september. lauren: efforts underway in the senate to avoid a government shutdown next week. lawmakers need to pass a short term spending bill. they haven't agreed on funding levels for fiscal year that begins on october 1st. many house republicans says they won't vote for any spending bill unless it contains language that would defund planned parenthood. president obama is expected to veto any bills that would cut planned parenthood's federal funding some that is a really contentious issue. nicole: president obama and
russian president vladmir putin speaking of contentious, they're scheduled to meet next week. they can't even agree what will be at top of their agenda. the white house says the meeting will focus on eastern ukraine. moscow says the main focus will be on syria. the putin's spokesman says the meeting takes place at putin's speech at u.n. white house spokesman josh earnest would not say when it will happen. obama and putin will meet in new york when they address the united nations general assembly. all that coming up mopped morning. lauren: in sydney, australia, they waited in long lines in the rain to get their hands on the new iphone. >> i'm really excited. i'm a big fan of the iphone. they have strongest, claiming to have the strongest screen. that is another reason why i'm excited. lauren: one woman sent out a robot to pick up her iphone.
we'll take a look at that. then in sports the new york giants hold the lead and win the game. we have highlights for you on that one. checking stock u.s. futures, green across the screen. the dow 254 with the futures. s&p up 30 handles. so looking pretty good. you're watching fbaam, your first look at morning markets, and breaking news. ♪ it's more than the cloud.
footsie and the dax up more than 2% each. the cac up 2.3%. all green this morning for these stocks. nicole: loving that screen and loving this one too. dow futures higher by 248 points. s&p up by almost 29. nasdaq adding 58 1/2 points. we want to remind you, tough week for stocks. lauren: down over 1%. let's take a look at some of these commodities. oil up 20 cents. gold completely out this morning, down almost 12 bucks at 1142 a troy ounce. nicole: here are currencies, because the last couple days the dollar has been down versus the euro and the yen and it is down once again this morning. it had been stronger versus the u.k. pound. that is not the case today. lauren: yield on 10 year bond. nicole: iphone hit stores worldwide. apple fans lining up for days in
some cases to get the tech giant's best-selling device. geeking out over reviews after sophisticated camera and 3d touch technology. analysts expect apple to sell 12 to 13 million iphones this weekend. this is up from a record 10 million last year. got to hand it to this laid do i in sydney australia. sent a telepresence robot, lucy to wait in line. wanted new iphone, saving time and money. if the row would the wasn't there, she would wait in the rain. this is the same kind offices are using remote workers. apple plans were respectful for lucy's place. taking self-fist. they gave her round of applause when she left the apple store. lauren: i'm sorry. i'm glad everybody was respectful, went so well. what if someone accidentally tripped on lucy and lucy fell down? does she have cameras all around
her. what if you want to get in the way for the iphone. nicole: i don't have an answer, nicole. that is crazy. lauren: after two crushes defeats for the season the new york giants finally hold on to a lead. new york finished off a 32-21 decision over washington redskins. giants got big td catches from odell beckham and ruben randall. kansas city royals:ed much the al central. they beat the mariners 10-4 giving them the title. it is first division title since way back in 1985. they won the al west and went on to win only world series championship. last night the first yankees home game since yogi berra died. manager joe gerardi placed a wreath at home plate. yankees beat the white socks, 3-2. carlos beltran hit a big three-run homer.
jason day was favorite to win the season long fedex cup. he may have a fight on his hands. hendrick stenson shot a 7 under 63. a win by ten ton or any other player will win the cup. 30 million-dollar bonus goes to the winner of the cup. does every shot count. nicole: i love to watch the ball go straight into the cup. fed chair janet yellen held firm on a interest rate hike. >> most of my colleagues and i anticipate economic conditions are likely to require raising of interest rates over quite gradual pace over the next few years. nicole: the fed chair did falter at end of her speech. she was helped off the stage. we'll have details. investors believe the fed chair's comments, they're bullish for the u.s. economy.
sending dow shares up triple digits after she spoke. continuing gains this morning. dow is up 252 points. in a few hours the pope addresses united nations here in new york city. china's president xi jinping heads to the white house to hold a joint news conference with president obama. we'll tell you what to expect. you're watching fbnam, your first look at morning markets and breaking news. ♪ ♪
♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ [ birds squawking ] my mom makes airplane engines that can talk. [ birds squawking ] ♪ my mom makes hospitals you can hold in your hand. ♪ my mom can print amazing things right from her computer. [ whirring ] [ train whistle blows ] my mom makes trains that are friends with trees. [ train whistle blows ]
tand that's what we're doings to chat xfinity.rself, my mom works at ge. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. lauren: breaking news this morning. markets on fire here and across the globe. good morning, i'm nicole petallides. we're looking at dow and it has been rocking this morning.
it is up 250 point. s&p up 28 handles. stocks are rising after janet yellen said interest rate increases coming here. investors interpret that as bullish for the economy. nicole: i'm lauren simonetti. the pope addresses the united nations in a few hours. we'll have a preview. lauren: china's president xi jinping heads to the white house and hoed as press conference with president obama. cybersecurity expected to top the agenda. nicole: volkswagen expected to announce the new ceo. elevating porsche ceo this mayas muller to ceo. we'll have latest developments. good morning everyone this friday morning. we have what is moving markets, latest breaking news and and to expect for the day ahead. lauren: it is friday. janet yellen's comments sparking a global rally in europe and here in the u.s. asia saw a mixed bag. we saw the shanghai composite and kospi to the downside.
nikkei higher in japan. deflation is part of worry this is morning. nicole: check this out. stocks in europe are roaring. you have two and 3% gains. ftse is in2 1/3%. dax is higher by more than 2 1/2% this morning. lauren: going into this morning the s&p is down 1.3% for this week but today it looks like it could erase all the losses in just one move. we'll see. s&p up 28 handles. dow is up 244 as we await key economic numbers as well. nicole: a check on commodities this morning. oil to the upside by a quarter. 45.17. gold to the downside after couple strong days. gold selling off $12. lauren: the dollar, we're seeing a strong u.s. dollar again because seeing euro, u.k. pound, canadian dollar, japanese yen all weaker against the green back. nicole: yield on 10-year treasury, 2.16%. federal reserve is on track to raise interest rates from
roared lows by the end. year. fed chair janet yellen laying out the central bank's plan at a lecture at university of massachusetts at am muster last night. -- amhersh. >> most of my colleagues and i anticipate economic conditions are likely to warrant raising short-term interest rates at a quite gradual pace over the next few years. it is important to emphasize however, that both timing of the first rate increase and in the subsequent adjustments to federal funds rate targets depend how the developments in the economy influence the committee's outlook towards maximum employment and 2% inflation. nicole: towards the end of the speech. yellen faltered and took a couple of pauses before she finished. according to fed statement. she had been dehydrated. she was speaking about an hour.
it was long day and bright lights. she was checked out by emts. that is good news. also they will look at final estimate how fast the economy grew every at second quarter. that comes out an hour ben the opening bell. numbers expected to come in at 3.7% pace. that would be unchanged from the prior reading. lauren: we'll be watching president obama today and chinese president xi jinping set to announce significant steps in their efforts to combat climate change and that has been a hot topic this week. the pope is talking bit as well. white house officials say it will include a pledge by beijing to launch a program by 2017 and put a price on carbon and to be unveiled shortly after a meeting between the two leaders this morning. so we'll have that on fox business for you. president xi's first state visit formally begins 9:00 a.m. eastern time. there will be a welcome ceremony at white house.
a joint press conference will be scheduled for noon. yesterday the white house was busy with the pope. today with president xi jinping. nicole: holy father arrived in manhattan yesterday holding a evening prayer service at st. patrick's cathedral. he will address leaders at united nations. take part in a service at 9/11 memorial. take part in a service at a catholic high school in east harlem. right near penn station where everybody commutes. before leaving washington, d.c. yesterday the pope gave historic speech to joint meeting of congress. immigrations is one of the major topics he touched on. >> we, the people of this continent, are not fearful of foreigners. because most of us -- [applause] because most of us were once
foreigners. nicole: powerful words. pope francis planning to leave for philadelphia tomorrow morning. that city also getting ready. lauren: people caught a glimpse of him here in new york. i have some friend ran up to the roof to see him. my husband was walking on 57th street to go across town and got a glimpse of him right there right in front. nicole: did you get a picture. lauren: with the fiat. got a great photo. nicole: i glad you mentioned fiat. between the 500 l, jeep wrangler, this is your time. free public relations. >> ticker symbol. there is a problem for fiat with the aftermath of volkswagen. fallout from volkswagen emission tests rigging broadens. the company will name matthias muller, the head of the porsche sports car brand and new chief executive. muller is 62 years old.
the volkswagen advisory board meets today. expected to announce the change officially then. they're expected to demand resignations from several top engineers. shares of v. w are on the rise since the ceo announced his resignation. they are looking better after being crushed monday and tuesday. nicole: absolutely. a new poll says hillary clinton trails bernie sanders in new hampshire. according to the cnn/wmur poll, sanders gets 41%. look at that! hillary clinton 30% and followed by vice president joe biden who has nod decided whether to run. he has got 14%. many presidential candidates including marco rubio, ted cruz, ben carson, bernie sanders took time from the campaign to attend the pope's speech to congress yesterday. jeb bush was on "special report" talking about one of the topics of the speech. that was climate change. >> the pope is a religious leader. he is not a political figure. he never said he is political figure. look the climate is changing and
it's a creation of god and people of faith i think understand that and we should be protective of the environment for that very reason. we have responsibility that goes beyond other species in that regard. nicole: today republican presidential contenders will gather in washington, d.c. for value voters summit. lauren: before you head out the door. let's get a look at your weekend weather forecast. let's bring in a star. fox news meteorologist maria molina. she knows all about it. good morning, maria. >>. looks like some people are looking at washout. a area of low pressure developing across parts of southeastern u.s. bringing rain across parts of carolinas and even a tornado. it will be blocked by high pressure and kind of stall out here across parts of mid-atlantic bringing rough conditions.
rip currents are concern. temperature-wise you're on the toasty side across parts of the plains. temperatures will climb well into the 90s. it stays cooler across parts of southeast because of storm system. nicole, let's headed over to you. lauren: maria, i know to keep my raincoat handy this weekend. thanks. nicole: elton john speaks with the real vladmir putin. we'll tell you what they said. no surprise, taylor swift, just can alba, they make fortunes. 40 most influence people under age of 40 list but other names on there might surprise you. you might have never heard of some of them. we'll have that story. quick check on u.s. stock market futures. rally mode. the dow is up 252 points this morning. watching "fbn:am." your first look at morning markets and breaking news. ♪ [announcer:] what if one stalk of broccoli could
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a few of these surely will stand out for you including taylor swift, right? big singer. famously got apple to reverse its stance not paying artists for music streams. jessica alba, actress. founder of honest company which was recently valued at $1.7 billion. a lot of natural products. mixed martial art activity fighter ronda rousey is making cut. along with host john oliver. and fitbit ceo. those are some of the names. nicole: i went through the list. i didn't recognize a lot of the names. but they're young. so they have -- lauren: a very varied list. nicole: those were recognizable ones. looks like sir elton john and russian leader vladmir putin play actually be meeting. sir elton knows exactly what i want to discuss as putin's ridiculous, quote, attitude towards guy rights.
-- gay rights. remember someone pretended to pull a hoax on sir elton, when you putin found out that happened, called elton john, said yes, let's meet. i'm ready to meet with you. so there they are. lauren: coming up fed chair janet yellen stands firm on interest rate hike this year. >> most of my colleagues and i anticipate that economic conditions are likely to warrant raising short-term interest rates at quite gradual pace over the next few years. lauren: hmmm. the fed chair did falter at the end of her speech. she had to be helped off the stage. we'll have details on that. she is okay. investors apparently believe that the fed chair's comments reinforce her belief in the u.s. economist. we're seeing you dow futures up 262. looking good. in just a few hours the pope addresses the united nations. china's president xi jinping heads to the white house to hold a joint news conference with president obama.
nicole: breaking news this morning, markets on fire here in the u.s. and across the globe. good friday morning everybody, i'm lauren simonetti. dow, s&p and nasdaq rising big time, more than 1 1/2% after fed chair janet yellen said an interest rate increase, it is coming this year. investors interpreting that as bullish for the u.s. economy, nicole. lauren: that's right. good morning, everybody, i'm nicole petallides. we have lots of green on the screen for you. in just a few hours the pope francis addresses united nations here in new york. we'll have a preview. nicole: also in a few hours, china's president xi jinping heads to the white house to hold a joint press conference with president obama. guess what they are talking about? cybersecurity.
lauren: volkswagen gets set to announce a new ceo. elevating porsche ceo, matthias muller to lead the company through the emissions scandal. we'll have developments. welcome, everybody, i'm nicole petallides. this morning's futures. lots green. we have latest breaking news and what to expect for the day ahead, lauren. >> let's get started with janet yellen's comments because they're helping to spark the global stock market rally in asia. nikkei up 1.7%. shanghai selling off by 1.6%. lauren: turning right to europe. we're seeing lots of green on the screen. a lot of anticipation of a rate hike here in the states. ftse up 2 1/2%. the dax gaining momentum up 3%. cac up 3%. nicole: look at stock futures board. dow surging 250 points. s&p gaining 29 1/2. this week a down week. we could turn the arrows upside down for the week however.
lauren: nike sure to help the dow jones industrial average. they came out with great profit. future orders up 11%. that will be a winner. -- 17%. oil looking at 45.27. 36 cents, that is. gold down about 10 bucks. nicole: strength in the dollar. faring well against most currencies except for the mexican peso. lauren: 10 year yield. it is 2.16%. what is behind all the stock market move we're seeing in the dow? s&p down 1 1/2% but looking good this morning. what is behind the rally? federal reserve is on track to raise interest rates from record lows by end of the year because fed chair janet yellen laying out the central banks plan at a lecture at the university of massachusetts in am hearst. -- am hurst. >> most of my colleagues and i are saying economic conditions raise short-term interest rates at quite gradual pace over the next few years. it is important to am emphasize,
that timing of first rate increase and subsequent adjustments to the federal funds rate target will depend on how developments in the economy influence the committee's outlook for progress towards maximum employment and 2% inflation. lauren: toward the end of the speech, janet yellen fallerred. she took some long pauses, breathing several times, before finishing. according to fed statement, yellen felt dehydrated at the end of this long speech under bright lights t was about an hour. she was checked out by emt staff there. she actually continued on with her schedule last night. the federal reserve along with financial markets will look over final estimate of a really key economic indicator. second quarter gross domestic product. that is later this morning. that is expected to come in at 3.7%, unchanged from prior reading. you want to see growth in the number. higher number, better it is. nicole: all right.
president obama and chinese president xi jinping set to announce significant steps in their efforts to combat climate change. white house officials say the plan to include a pledge by beijing to launch a program by 2017 to cap emissions and carbon. it will be unveiled later this morning. president xi's first stays visit formally begins 9:00 a.m. eastern with welcome ceremony at white house. joint press conference scheduled for noon. lauren: looking forward to that. the holy father is here in new york city. pope francis arrived in manhattan yesterday, holding evening prayer service at st. patrick's cathedral. today the pope will address world leaders at united nations, take part in a service at the 9/11 memorial. he will visit a catholic school in east harlem and hold a mass at a catholic school in east harlem. everybody is really excited owe is here in new york. something really different.
obviously very important and special. nicole: as fallout from volkswagen emissions test rigging, company will name matthias muller, head of porsche's sports car brand as the new chief executive. muller is 62 years old. the advisory board will meet later today and expect to announce the change then. they are expected to demand resignations from top several engineers at the company. vw shares got crushed mopped and tuesday, but they have come back since the former ceo announced its resignation. lauren: it is not only volkswagen, it is audi, bugatti, lamborghini. nicole: largest company in germany. $227 billion in just germany last year. lauren: new poll shows hillary clinton trails bernie sanders in new hampshire. according to cnn/wmur poll,
sanders gets 46%, while clinton has 30%. followed by vice president joe biden who has not decided whether or not he will run at 15%. several presidential candidates, including marco rubio, ted cruz, ben carson, bernie sanders took time from the campaign trail to attend the pope's speech to congress yesterday. jeb bush was on "special report" talking about one of topics of the speech and that was climate change. >> the pope is a religious leader. he is not a political figure. he never has said he is a political figure and look, the climb is changing and it is a creation of god. the and people of faith i think understand that and we should be protective of the environment for that very reason. we have a responsibility that goes beyond other species in that regard. lauren: so much to say. talked about the importance of family as well. a lot of topics covered. today republican presidential contenders gather in washington, d.c. for the values voter summit. nicole: meanwhile new
"fox news poll" says 44% of voters currently approve of the job that president obama is doing. that number is up a bit from last month. half the voters say they disapprove. president's job approval rating hits its low which was 38%. that was last september. thumbs up for president obama right now. lauren: yeah. okay. coming up. nicole: kind of. lauren: sydney, australia, they waited in long lines in the rain to get their hands on the new apple iphone. one woman even sent out a robot to pick up her phone. we'll take a look at that. check it out. in sports there may be no joy in mudville but there is joy in kansas city because the royals take their first division title in 30 years. details on that. rate hike on the way. we'll see. 254 for the dow. 29 for the s&p. we're watching apple with i phones. nike good reports. you're watching "fbn:am," first look at morning markets and
lauren: janet yellen's comments helping spark a global stock market rally in the u.s. in europe, seeing your reason stocks at highs of the session. cac up nearly 4% and ftse 100 index, 2.6%, lauren. nicole: i like to see that on friday. i like to see this too. u.s. stock market futures certainly strong this morning. dow surging almost 270 points. s&p up 30. nasdaq higher by 60. lauren: we'll keep a keen eye on apple, dow component. new iphone 6s hits stores worldwide today. apple fans everywhere are lining
up for days being geeking out over reviews of a sophisticated camera, 3d touch technology, just to name a couple features. analysts expect apple to sell 12 to 13 million iphones this weekend that will be up from 10 million last year. you have to hand it to this lady in sydney, australia, they sent a telepresence robot named lucy. lucy waits in line, saving time, staying out of the rain. the robot is same kind that offices are now using for their remote workers. it is controlled with an app. apple fans were respectful of lucy's fourth in place line, even giving her a round of applause when she left the apple store with an iphone in hand. no way. like being on line with r2-d2 or something. it is wild. nicole: lucy in the sky with diamonds and rain, get it. she stood in the rain. lauren: that was terrible. mate i had through and got a phone. nicole: maybe should have done
robot impression instead. go to sports. after two crushing defeats to start the season, new york giants hold on to a lead. new york finished off a 32-21 decision last night over the washington redskins. the giants got big td catches from odell beckham an ruben randle. the kansas city royals clinch the al central for the first decision title in 30 years last night. royals beat the seattle mariners 10-4. the first division title for the royals since 1985. when they went on to win the only world series championship. met fans getting closer to a celebration. daniel murphy had three hits including a tie-breaking triple in theth inning as new york beat cincinnati reds 6-4. win combines with washington's loss to baltimore, reduced met as magic number clinching nl east title to, three. after two. >> got a shot at him.
lauren: fed chair janet yellen's comments yesterday leading everybody to believe a rate hike may be in the wings. with that we're seeing gains across european board here. in fact we see the cac up 3.6%. dax up 3%. ftse up 2 1/2%. u.s. stock index futures looking good. may erase the losses we've seen. 28 handles for s&p. the dow is up 252 for futures. watching apple an nike of course. oil, 45.37.
gold is pulling back, down 10 1/2 dollars right now. that is some of the stuff we're watching. strong u.s. dollar, euro, pound, canadian dollar, japanese yen weaker against the green back. there is the 10-year yield, 2.16%. as we set it up for this friday morning. we're going over to maria bartiromo. "mornings with maria." good morning to you. maria: hello, nicole. happy friday to you. good morning to you. i'm maria bartiromo. it is friday, september 25th. with me this hour, fox business network's dagen mcdowell. jack otter and stephen recent of jpmorgan. they're coming up in a moment. comments from fed chair janet yellen yesterday. looking for triple-digit gains for the dow industrials. we're expecting 250 point move at the open. european markets trading well this morning. take a look. triple digit moves in england, france, germany. across the board, ftse up better
than 150 points. 3 1/2% rally in cac in paris. yellen telling audience at university of massachusetts that a rate increase will come this year. >> most fomc participants, including myself, we currently anticipate that achieving this conditions will likely entail a an increase in the federal funds rate later this year. followed by gradual pace of tightening thereafter. but if the economy surprises us, our judgments are data appropriate. excuse me. monetary policy will of course change. maria: my bet october on the fed increase. world comes to the united states. pope francis addressing united nations this morning in new york while in the nation's capitol china's president is expected to make a joint announcement on climate controls along with president obama.
we're covering both stories for you this morning. meanwhile fox news confirming president obama and russian president put fight will meet on the sidelines of the u.n. general assembly this monday. russia's increased presence in syria and getting in front of violence will be topics of discussion. white house says putin requested meeting. apple is expected to sell about 12 to 13 million iphone 6ss and 6s pluss over the weekend. they are same size as last year's models but have improved cameras and new feature called 3d touch. kansas city royals are the first division champ. new york giants finally won a game, beat rival washington 32-21 win. most fomc participants including myself, that is the quote from janet yellen. we'll get to that.