peter brower, the chairman of bloomberg lp news is a senior independent executive director at glencoremeanwhile, back in the u.s. as i mentioned, we are pretty much peeking, hitting a peak on u.s. stocks. part of that had to do with apple and the other tech shares. abigail doolittle has more from the nasdaq. abigail: yes, we are seeing a nice rally with a composite index up a tenths of 1%. we have been watching too stocks trading to the downside in an outsized fashion. one of them is qualcomm after south korea accused them of trade reaches saying that the company violated local law around licensing activities. the regulator may find qualcomm and force it to modify its practices. qualcomm shot back calling it a serious this application of law. however, when we look at the stock, down 30% year to date in part because of investor concerns on the licensing of business to china. investors may be making some kind of connection between them. another stock down significantly, citrix systems, announcing the initial results of its operations review, they see earnings and margins above street est