liz ann sonders. she's going to stay with us, from charles schwab.ill ahead on the "bloomberg market day," the stocks that are moving markets right now. mark: best buy, sharply higher today. the retail electronics chain reported its latest results, that story and more after the break. ♪ matt: welcome back to the "bloomberg market day." i'm matt miller with mark crumpton. mark: julie hyman has a look at the markets. what a difference a day makes, lots of green today. sellingfter all of the we had, we are seeing some buying today. it has abated to some extent, but as the session has gone on, one of the differences i wanted to point out between the selling and buying red and green is that the volume numbers are different. in other words, over the past couple of sessions, we've seen volumes in the major averages that double or even triple the 10 day, the 100 day average volume. today we're up about 60% in the s&p 500 in terms of that 100 day average volume number. we are seeing less volume, at least on a relative basis on the upside than we did on the do

for some answers to what's behind it all, we turn to liz ann sonders, chief investment strategist at s schwab. liz ann, welcome back to the program. i'm reading, this is the worst week since 2011. what is going on? >> so what may on the surface seem like a bunch of disparate things, they're actually interrelated. weak growth in chierntion data came out today showing part of their economy in contraction. we have the plunge in commodity prices including oil which ties back to the weakness in china. global growth concerns, deflation concerns and deflation is a fairly toxic environment because whether you're a consumer or investor, if prices are continuing to go down, it halts activity. then this is all brought up regarding fed policy and how the federal reserve will react to the global turmoil and we were overdue for a correction. it's been almost four years. they normally happen every year. so this has been a long span of very, very mild equity performance. >> woodruff: well, when you say overdue for a correction, i did read one columnist in the "new york times" today say this is actual

we'll break down the impact on your 401k with liz ann sonders and discuss beijing's role with markets. >>> then murdered on live tv. >> it is my very, very sad duty to report that alison and adam died this morning. >> and posted online for the world to see. >> we've got to do something about crazy people getting guns. >> our sunday panel weighs in on guns, race, and social media. all right now on "fox news sunday." and hello again from fox news in washington. well breaking news in the race for the white house. a new poll shows self-described socialist bernie sanders closing the gap on hillary clinton in iowa. the des moines register poll shows sanders now within seven points of clinton among likely iowa caucus goers. she has lost one-third of her support since may. on the republican side, donald trump leads with 23% in iowa, but dr. ben carson is now at 18%, just five points behind the front-runner. meanwhile, no candidate has spent more time in the first primary state of new hampshire than new jersey governor chris christie. this weekend marked his 20th visit to the state. governor c

matt: coming up, liz ann sonders the chief investment officer at charles schwab says how she is advising with us. . . matt: good luck in san francisco, 1:00 in hong kong. mark: this is the bloomberg market day. stocks at the comeback trail at the comeback trail in a big way majorday after the selloff that three major indexes are all posting games north of 2%. matt: yesterday's extreme volatility meant huge profits for some firms. with a high-frequency trading firm that had one of its best days ever. goingcommodities are not left behind in today's rebound. oil and metals are leaving the game, commodities are advancing from a 16 year low. ♪ matt: good green afternoon, i am matt miller as stocks rally. mark: i am mark crumpton. let's look at the markets on this tuesday. what a difference a day makes. a day after concerns about slowdowns in china's economy led to a global market sello