the real to analysts, concern is not just what is but the problems in the products. , theso spreads tonot affect plant in the u.s., and they add money options at the end of trade yesterday. the highest level we of seen since the contract began trading in 2014. yvonne: joining us live from him by, thank you. -- mumbai, thank you. we see a global selloff continue all across the area, and started europe, the u.s., and now back here again. the hang seng down. the shanghai composite is down, and the kospi seeing similar losses. we get that china pmmi data coming out. years, downn six close to 2%. , andriy will recap the big stories of the day. ♪ ♪ (ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store. ♪ with all due respect to donald trump, this is a beautiful wall. ♪ >> good evening. sports fans, i mean that literally tonight. there's only one thing that is part of the

at theso been looking relative performance. this is the relative performance versus the s&p 500.ou have that on the one hand, the relative underperformers going into today's session and they have relatively high debt loads. if rates stay low, it will remain relatively inexpensive for them to service that a debt. matt: why not leverage up with low rates? you see very high earnings or ratios going to the sector right now. alix: and that is part of the reason why stocks -- i don't know what i'm saying. something about utilities. matt: let's just read stuff off the terminal. despite two major settlements, claims is not over. the company faces litigation by car owners. gm agreed to pay out $900 but there a result may be more on the horizon. looking formobil show bargains in west texas. the collapse in oil prices has forced many drillers to shut down rigs or partner with a company. like exxon. this is a really big scoop by joe carol. and're putting up the cash giving some production to the producers later down the road. it's a totally different type of structuring deals. a fascinating,

a pew center poll recently said 54% of americans view china how does theso president plan to change that perception? iechi: the results of opinion polls change from time to time and from place to place. my understanding of american society is there is a deep awareness of the importance of nurturing a better relationship between our two countries, so i believe that the american people attach a great deal of importance to the visit. someurse, we have had early harvest of this new model of the relationship between us. for instance, the trade between the two countries has grown quite a bit, and there are more student exchanges between us, and on the international scene, there has been good coordination between china and the united states, from the middle east to some parts of africa, from to the korean peninsula, so a better relationship is in the interest of both of our peoples and the world. of course, a relationship cannot be free from any problems. even people sometimes do not see way, and i common think for countries, sometimes they might have some divergence of views. that is not that

in theso deep right now world of second and third best policymaking that it is very complicated and requiresous amount of judgment for which we do not have good historical models. speaking about more policy initiatives, what the e.c.b. did earlier this week, you expect that is not the end? that we will see much more coming out from draghi? mohamed: yes. we will see the e.c.b. do even more. we will see them trying to do even more. the problem is that is not going issuesnough because the facing their economy are structural in nature. they need to deploy the whole set of policy tools. but in the absence of a copper -- comprehensive policy response, the central bank will have no option but to do more. year, by the end of this we have already talked about the fed and where they are, you don't think they will raise in september. you don't believe they should. what do you think we will see by the interest of the year from the e.c.b. and chinese? mohamed: i think by the end of this year, the e.c.b. would have signaled it intends to do more and would probably enhance its large-scale securities purcha

theso believe that it -- next speaker would understand that if it were not for the people in a freedomcus they would not have their jobs. my guess is when you hear complaints about the freedom caucus it is things like let's take three days to read a bill. you have the new speaker who allows three days to read the bill. i'm sure the caucus is going to the new happier with speaker, no matter who they are. and others think that boehner should stay in his job. take a look at this and respond to it. [video clip] >> number one i think he's done a good job. number two, to vacate a chair is to simply have procedural chaos and i am not for that. by and large my view is we are much better off with john speaker,as eager -- as and i wholeheartedly support him. host: he uses the word chaos. would you agree that the move would cause chaos? guest: no. i would say it is unusual that i believe washington is so broken that a little chaos like that will go a long way to fix the problem. host: kevin mccarthy, the current majority leader, he says he wants him. guest: it would be very interesting to see who

theso i always enjoy seeing advertising for -- obama's ozone plan. ozone rules they back to -- date back to when i was in law school, before i had gray hair. stringentsome fairly statutory guidelines by which the epa is supposed to evaluate the standards. the epa is following the science and the statutes as best as it can. we are mindful that, in some cases, because of the nature of pollutants are generated and where they blow, this can create a complicated situation for local jurisdictions and local communities and some states and counties end up being hit worse than others and we are trying to work with those states and those communities as best we can, taking their concerns into account. -- youhe bottom line can't legitimately go after me on the clean powerplant role, because that was hatched by us and i believe we needed to deal with climate change and so we can have a lengthy debate about that. ozone, this is a existing statute, and an existing mechanism and we are charged based onementing it the science that is presented to us and that is what