. >>> we have traders standing by at the new york stock exchange. anderson, on the floor of the new york stock exchange, the story is apple. you saw a lot of chinese component suppliers falling overnight in asia. this is just a continuation of the same story. >> look, apple consumers have really shown almost no resistance to rising prices throughout apple's huge market share dominance it has had over the last ten years. i would be very surprised if it got to the point where there were some tariffs on some apple products, if that really stopped people from buying the next rollout of new phones. trish: we have to see. depends what kind of money we are talking about. you already have a $1,000 phone. phil flynn, another thing on the minds of everybody is the potential of new chinese tariffs, talking about $267 billion in new tariffs. that's still in the back of the story here. >> i think it is. i think today, there is a report that china is actually trying to meet with u.s. wall street executives to try to talk some sense, have them talk some sense into

diane king hall is at the new york stock exchange with that and more. morning, diane. >> good morning, anne-marie. the u.s. and canada continue to try and work out an updated version of the north american free trade agreement, and the trump administration is expected to add a 25% import tax on china today. china says it will retaliate. >>> the dow rose 20 points, the s&p 500 rose 10 points, and the nasdaq slunk 72 points. >>> today they're expected to show employers added 191,000 jobs. now yesterday the labor department reported that 203,000 people applied for jobless benefits last week. that marks the lowest level since december of 1969. >>> ford is recalling some 203 million pickup trucks because of a possible fire with seatbelts between 2015 and 2018. ford says it knows of 17 incidents involving seatbelt pretensioners. the system works in tandem with airbags and involves an skploes everybody charge that locks seatbelts in place. there have been nearly two dozen reports of smoke or fire. >>> a hacker broke into the british airways website last month s

well, move over nasdaq and the new york stock exchange. there's a new player in town. has won its first listing. jumping ship for the new exchange that promises to even the playing field by placing a speed bump on trade. joining us now is the president nd c.e.o. brad cat sue yama. - katsuyana. in part, iex is a reaction to technology that has made aggressive trading possible. what sets you apart? >> for us, in the beginning it was about serving investors and protecting their needs in this market. my background was a trader. i worked at a bank. large mutual funds. pension funds were my clients. that represents the everyday investor and what we found is that the stock exchange, new york stock exchange, nasdaq, were selling high speed data advantages to a group of high speed traders that let them take off from the everyday trader. from our standpoint it's about creating an exchange that leveled the playing field that gave these investors a market that bass actually protecting their interests instead of exploiting them. emily: what do you think the real problem is with yuin

diane king hall is at the new york stock exchange with that and more. , diane. >> good morning, anne-marie. president trump says talks between the united states and canada to reach a new trade deal are intense. the two sides worked late into last night, but mr. trump claims if the talks don't work out, the united states doesn't have much to lose. canada relies on the u.s. to buy about 75% of its imports. lweek mexico reached a preliminary deal to replace the north american free trade agreement. >>> congressional testimony by facebook and twitter executives sent tech shares lower yesterday. twitter fell over 6%. facebook lost over 2% of its value. companies like amazon and netflix also lost ground, but overall stocks finished mixed yesterday. the dow gained 22 points, the s&p 500 lost 8 points, and the nasdaq tumbled 96 points. >>> the department of justice is reportedly ready to approve two giant health care mergers. one is a $69 billion deal between the pharmacy chain cvs and the insurance company aetna. the other is between the pharmacy manager express

diane king hall is at the new york stock exchange with that and more. diane. >> good morning. the trump administration has reportedly invited chinese officials to a new round of trade talks. the u.s. is preparing to impose tariffs on $200 billion worth of chinese goods. according to "wall street journal," treasury secretary steven mnuchin issued the invitation for talks in the coming weeks. the american chamber of commerce and shanghai say two-thirds of companies in china say they've been hurt by the tariff war. >>> worries about the trump administration's trade policy prompted some businesses to hold off or scale back capital investment plans. in its latest survey of business conditions across the country, the federal reserve found most remain optimistic about the company, but as trump administration policies are pushing costs higher for manufactured goods. >>> stocks finished mixed yesterday, the dow rose 27 points. the s&p 500 added a point while the tech and nasdaq off 18. >>> the u.s. has appeared to reclaim the title of top global oil producer. th

diane king hall at the new york stock exchange.s a lot. >> thank you, anne-marie. >>> still to come, an update on one of drake's biggest fans. we will check on sophia a month after she received a heart transplant. >> oh my god! on sophia a month after she received a heart transplante. >> oh my god! our mission is to provide complete, balanced nutrition... for strength and energy! whoo-hoo! great-tasting ensure. with nine grams of protein and twenty-six vitamins and minerals. ensure. now up to 30 grams of protein for strength and energy! your hair is so soft! did you use head and shoulders two in one? i did mom. wanna try it? yes. it intensely moisturizes your hair and scalp and keeps you flake free. manolo? look at my soft hair. i should be in the shot now too. try head and shoulders two in one. but she says 9- 1-1 put her on hold for nearly half an hour. plus: president trump praises his embattled supreme court nominee. the president's words of support and when we might hear from the woman who accuses judge kavanaugh of sexual ass

diane king hall is at the new york stock exchange with that and more. e. >> as expected, china retaliated after the trump administration levied a new round of tariffs on chinese imports. this morning, china's premier said unilateral trade actions will not solve any trade issues. china said it will levy taxes on about $60 billion worth of u goods including coffee, honey and industrial chemicals. that fold word that the u.s. would impose new tariffs of of 10% on some 2-billion dollars worth of chinese goods beginning september 24th. that rate would increase to 25%. stock finished broadly higher led by gapes in tech and consumer focus companies. the dow rallied 180 points. s&p added 15. the nasdaq gained 16. >>> shares of tesla dropped 3.4% after word the justice department is investigating elon musk's public statements about taking the company private. the electric carmaker says the issue should be quickly resolved. funding for a deal that wvae72 . tesla stock rose on the news at the time. two weeks later musk dropped the plan. since then shares of tesla h

special. >> he was the president at the new york stock -- and now he's into spak licklinspackling. >> it's an invest fund the hard part was leaving the new york stock exchangem seeing these pictures here of sara reporting from the new york stock exchange and they had a big day down there, and it was hard to leave. that was amazing i spent five years there and felt like it was a privilege every single day but it is an all-in job. early mornings, late nights, kissing babies it has a retail politician angle to it. and we had a woman, stacy cunningham, in the wings who i knew could be amazing. at some point in your career, it's better to exit stage right and let other people take over. >> if all goes as planned, though, you will be listed -- >> actually i am listed. i listed two weeks after the day i left so quickly that the stock certificate is signed by me. >> really? >> it's signed by me, the stock certificate for my company >> that's bizarre. >> and stacy was the first woman to ever run the stock exchange so that was a good moment. i really just wanted to get out and be able to invest and build a financial technology company financial technology is on fire.

anne-marie. >> diane king hall at the new york stock exchange. ks a lot, diane. >> thank you. >>> still to come, new details on a near collision. investigators reveal just how close a passenger plane came to hitting other jetliners. ing other jet liners. like vermont white cheddar. then... add bacon, bbq chicken, or baja blend. catering and delivery now available. panera. food as it should be. iwomen's tops - $14.99st prices of the season! family shoes - $39.99 and under the big one bath towel or pillow - $2.99! plus - get $5 kohl's cash for every $25 spent! it's the lowest prices of the season! at kohl's! a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. before heading into the city.. and how to get around during the morning commute. plus, a

diane king hall speaking the truth at the new york stock exchange. you. >>> still ahead, two lucky fans of beyonce and jay-z get a life-changing surprise at a concert. how the music superstars made a huge investment in their futures. scores a new deal with nike. the message behind this ad featuring the former player. plus: the senate confirmation hearing for supreme court nominee brett kavanaugh begins this morning. why at least one senator wants a delayed start. and: louisiana's coast bracing for impact as tropical storm gordon is supposed to turn into a hurricane before landfall. join us for kpix 5 news this morning... beginning at 4:30. good morning. it's tuesday september fourth. i'm kenny choi. >>> here's a look at today's forecast in some cities around the country. >>> a shocker at the u.s. open tennis tournament. second seeded roger federer is looking slow and tired on a sweltering night in new york city, federer lost in four sets to 55th ranked australian john millman. federer double faulted ten times. former president bill clinton was one of

diane king hall is at the new york stock exchange with that and more.er: good morning, anne-marie. this morning china said it's hard to negotiate a trade deal when the united states is, quote, holding a knife to its neck. when asked when trade talks can restart completely, a chinese official said it depends on the will of the u.s. >>> stocks on wall street were mixed yesterday. industrials and banks suffered some of the worst losses. in the end the dow fell 181 points. the s&p 500 lost 10, while the nasdaq gained 6. >>> the two-day federal reserve board of governors meeting begins today. the fed is expected to announce the third interest rate hike this year. the potential that the growing trade dispute may slow the economy may force the fed to slow the schedule of rate hikes. >>> employers who offer family medical leave to workers earning up to $72,000 a year are eligible for tax credits under the new tax law. the tax credits available to employers for leave paid this year and next as part of the $1.5 trillion tax cut deal president trump signed into la

ashley webster live on the floor of the new york stock exchange.h. >>> again, let's look at your markets. what a day. what trade war? what trade worries? the dow's up 173 right now. it's like a repeat of yesterday. nasdaq is actually down, there's some pressure on the bigger technology company that is we follow. coming up next, president trump is touring the carolinas, we just showed you that briefing that he was with officials, but businesses are still struggling, really struggling to recover from the destruction of this hurricane. before the storm, you may remember this, jeff flock was with the owner of the anchor draft house as he was feverish orally trying to prepare for florence. well, we now know what happened to him and his restaurant. in atlantic beach, north carolina. we're going to take you there next. ♪ ♪ hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i think it's the chevy. ford. is

here's samira hussain to explain the impact on trading on the new york stock exchange. mies. you're seeing that companies that are held by argentina or argentinian companies, rather, they are seeing their stocks put a little but lower here on the new york stock exchange. as you see that the us economy is getting a little bit stronger, there is this sense that we should pull our money out of these emerging markets and go somewhere safer. that said, idid markets and go somewhere safer. that said, i did have time to speak with some of my contacts here on the floor at the new york stock exchange. you know, reintroduce myself, and one trader was actually saying that he has more fierce looking forward towards a potential recession, that we saw something like this happen before. it might not happen six months here were two yea rs, not happen six months here were two years, but he really expects something big to sort of happened in the coming years. a report now on a group of entrepreneurs in brazil who decided to create a cheaper alternative to the existing private we spent two

emily: she was speaking from the new york stock exchange.versation with the ceo of crate & barrel. how he is leveraging tactic to keep the home where company irrelevant. -- relevant. plans to go back to china have caused one research scientist to quit. this is bloomberg. ♪ emily: help the -- apple may have gotten a endorsement. the --n the opinion of this doesn't mean the judge residing will follow that recommendation. us that he thinks there is a chance this case will be settled this year. we have a dispute over the price of ip. we think that's moving into a time where our strategy is unfolding and the environment is such that you are in a position where you will get it done. at the same time, there is no opportunity and partner for qualcomm then to work with apple. it makes sense that they would be partnered. those things tend to work out. the way we think about the businesses you get the disputes figured out and you move on. believe apple over the customer? steve: if you have leadership technology, your roadmap will eventually dominate th

quarter importing from the new york stock exchange yes thank you so much. germany is seeking to rein in us in a giants like google and facebook reforms to the country's competition law would strengthen the authority of his regulators to prevent us internet platforms from becoming monopolies germany's economics minister paid all of my us and the initiative will make competition law more effective and prevent the abuse of market fall in future companies like google or facebook would no longer be allowed to prevent business partners from working with its competitors the proposed legislation is also designed to stop big players from buying smaller rivals just to shut them down. shortly executives in silicon valley will be watching this development closely especially if a company has risen to become such a market dominating force like google twenty years ago a pair of ph d. students working out of the proverbial garage wanted to make internet searches better google's ambitions were courageous delivering the world's information to anyone with internet access but

our financial correspondent at the new york stock exchange so fishman's he is ready to give us the view from wall street now sophie we've been talking about these tariffs for a long time now and as they seem to pile up can we ask the question again just how much are american businesses going to suffer this time. well farmers for example are being targeted in a way that is an extension of threat to their business especially soybean farmers they have sold more than twelve billion dollars worth of soybeans to china last year and they have spoken out repeatedly about the threat to their livelihoods farmers suffering economic consequences from the trade wars will get up to four point seven billion dollars in government payments starting this month and the biggest chunk of that money is going to soybean partners so we also have many other sectors being negatively impacted especially sectors being connected to chinese suppliers via the global supply chains we just heard the first one that comes to mind are auto makers the newest sanctions are expected to hit a range of fodder were elated impor

chinese electric cars have arrived in the us, well, at least they made their debut on the new york stock exchange it listing in america? it wants to raise money. 0n the first day of trading, shares fell more than 4% after it opened, but eventually it was able to claw back, ending today 6% higher, not bad on day one. n10 hopes to eventually bring the electric cars to the us in 2020, but right now the story is in china, where n10 is trying to take on another electric car maker tesla. so far they have had some success. in four years the start—up has sped into production. nio's electric cars cost half as much as tesla's model x and according to the ceo they are better cars. nio's entrance to the financial market comes at a difficult time for tesla when this week two tesla execs and announced they were leaving. elon musk was found on a podcast smoking marijuana and drinking whiskey. all this week we have been marking the ten year anniversary of the collapse of lehman brothers and since the global financial crisis, china has been attempting to transform the country's economy, by moving away from the re

emily: julia hart speaking from the new york stock exchange.g up, our conversation with the ceo of crate & barrel. how nila montgomery is leveraging tech to keep the home where company relevant. that is next. it has been eight years since google left china over censorship issues. plans to go back to china have caused one research scientist to quit. will others follow? this is bloomberg. ♪ emily: apple may have gotten a endorsement in its patent dispute with qualcomm. they won the opinion of the court. they said it did not infringe on three qualcomm patents. this doesn't mean the judge residing will follow that recommendation. regardless, qualcomm's ceo told us that he thinks there is a chance this case will be settled this year. steve: we have a dispute over the price of ip. we think that's moving into a time where our strategy is unfolding and the environment is such that you are in a position where a deal could get done. at the same time, there is no better opportunity and partner for qualcomm then to work with apple. it makes sense that they

watching it all happen was peter tuchman, a trader at the new york stock exchange.e for you to be on the floor and watching that happen on the big board? it is kind of funny you ask that because i was actually standing here in this spot where we are doing this interview, and things were actually going crazy and i threw my hand up in the air like this and a photo was taken. there was anxiety, there was fear. the financial markets did recover, and have since broken many records. but for some, the legacy of the crisis is still personal. can you imagine a day where you can... wear it again? sure! i might wear this on september 15th. samira hussain, bbc news, new york. so, could it happen again? a question, ahmed put to the governor of the bank of england mark carney. if we are complacent, of course it can. history teaches us that there are financial crises from time to time around the world. we can come up with 60 or 70 examples over the last century. can i push you a little bit more on what the new risks might look like, the areas where the concern might be about what

it costs around $100. >>> taking a live look at the new york stock exchange. ing gets under way this morning. the market is up big. up 209 points right now. >>> and back now to the breaking news we're following. a water rescue near san francisco's aquatic park. san francisco fire says one victim in the bay has been. rescued. that victim is on the way to the hospital now. >> and we just got an update all three have been taken out of the water there. the two that were on the cliff have been rescued. they are now stable. they are being -- they have been rescued and the san francisco fire department says they are stable. that rescue operation is now over. all three people have been taken off that cliff. >> the ambulance is still out there. we will have an update on their conditions as soon as possible. >>> the super bowl is months away, but we are already learning who will perform at the halftime show. multiple reports say maroon 5 will headline in atlanta in february. the group led by adam levine is one of the top selling bands the last 15 years. makes me wonder,

chief people officer gabby toledano is leaving to spend more time with her family. >>> the new york stock exchanges. overnight, global markets were up after the u.s. has proposed a new round of trade negotiations with china. >> a uc berkeley staffer has given the ultimate gift to a total stranger. catherine welsh is giving the thumbs up shortly after she donated one of her kidneys to a man in washington. she knew almost nothing about him. an article in "the new yorker" inspired her. >> if somebody is dying without a kidney and i have two kidneys and it doesn't sound that hard to give one away, then why not just do it. >> catherine had the surgery 22 days ago. look at her. back on the job. she works as a fund raiser for the college of chemistry. that's really inspiring. >>> how amazing. #. >> no easy task to go under a major surgery and do some voluntarily. >> for someone you don't even know. >> she acted like it was no big deal. >> just a generous person. >> with a great heart. >> if you're stuck in traffic, you know what's out there. look up. it's a gorgeous sunrise this morning. a little bit of

. >>> looking live at the big board at the new york stock exchange.ng next. >>> and we have another massive beef recall to tell but this morning. and it's turned out to be deadly. >>> a live look from our cameras out there. what a beautiful start to your morning out >>> here's a look at what's goingnhis morning. autumnal equinox. the sun passes over the equator and heads to the southern hemisphere. we are losing the minutes, 22 seconds of sunshine. chico, 92. partly cloudy 62 in eureka. . 81, l.a. 100 in praupl springs. 712 a record earlier in july. average high 72. our coolest high moving forward. we have heard of people sticking together when times get tough. insects can do the same. this is a colony of fire ants floating along a flooded road. they huddled together and form a giant raft to protect the keep. the ants pose a hazard to humans escaping rising floodwaters. and i can tell you this from experience, i have had many of battle with the fire ants. they sting and it really, really hurts. look at that. saving the queen. >> pretty cool. new this

watching it all happen was peter tuchman, a trader at the new york stock exchange.u to be on the floor and watch that happen? it is kind of funny you ask that because i was actually standing here in this spot where we were doing this interview, and ends were actually going crazy and ends were actually going crazy andi and ends were actually going crazy and i threw my hand up in the air like this and a photo was taken, it was anxiety, it was the. the financial markets did recover. and have since broken many records. but for some, the legacy of the crisis is still personal. —— gregory. can you imaginea is still personal. —— gregory. can you imagine a day where you can... where it again? i might wear this on september 15. google is fighting a big battle in the eu's top court about whether people ‘s right to be forgotten should be, apply globally to its search engine. at the moment, european citizens are allowed to request the removal of out of date data, including personal information to searches for their own names. critics argue it is a threat to free speech and it c

we'll go live to the new york stock exchange, see how traders are feeling about all the news. we'll be right back. i've always looked forward to what's next. and i'm still going for my best even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, i'm up for that. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly less major bleeding than warfarin. eliquis is fda-approved and has both. so what's next? seeing these guys. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all p

. >> you're looking live at the big board at the new york stock exchange. on how the markets are doing next. >>> more trouble for wells on the new sleep number 360 smart bed. it senses your movement and automatically adjusts to keep you both comfortable. it's the final days where all beds are on sale. the queen sleep number 360 c2 smart bed is now only $899. ends sunday. (music throughout) >>> you are never more than seven minutes away from your accuweather forecast. >> this is "abc 7 mornings." >>> this caught my eye when it came out. may 1st, see solano, alameda, concord and santa clara counties under the smallest part of the drought or lowest level and now the entire bay area is and even a moderate drought developing in napa and solano counties. dress for 64 at 6:00. we'll stick in oakland because sunday we've got pride, we've got the parade and temperatures around 46 at 11:00, and sunshine and 70s in the afternoon, and 46 when we wrap it up at 7:00. >>> if you use the tsa precheck lines to get through airport security, and you don't pay for precheck, yo

details about the devices at an event later this month. >>> let's take a live look at the new york stock exchangew trading under way this morning. we're up 94 points right now. today investors are reacting to new tariffs in the trade dispute between be the u.s. and china. about 15 minutes ago china announced $60 billion in new tariffs on u.s. foods after president trump imposed tariffs on $200 billion worth of chinese-made goods yesterday. we're in the green right now. we'll see if it stays that way throughout the day. >>> apple ceo tim cook shows us some features on the new iphone and apple watch. he sat down for this exclusive on "good morning america." he says the new watch can sense when you fall down and if you don't respond within minutes, the watch will call 911. the new iphone photo allows it to add depth. the newest iphone is the most expensive one yet and not surprisingly, cook says it's worth it. >> the phone has replaced your digital camera. you don't have a separated one anymore. it's replaced your video camera. it's replaced your music player. it's replaced all of these different de

new high today. since the last record back in january, these three stocks have led the runup. apple, nike, microsoft. let's get to the floor show. we have traders at the new york stock exchange and cme group. at the stock exchange, matt. at the cme, chris and scott, gentlemen, good to see you today. >> how are you? >> good to be here. >> matt, to you first. are we in a new normal type of environment right now where we get record high after record high despite higher interest rates and despite a potential trade war? >> as long as the market goes up it's the new normal. that's what everyone talks about. everything is good when it goes up. you know, right now the economy's doing well. this is the place to put your money, not in bonds or emerging markets quite yet. that's why this is the new normal. until that changes, and it could change as we get to midterm elections, it could change toward the end of the year where we start to see some of the portfolios adjust to maybe some more risk for some more reward, and maybe emerging markets start to see money flowing their way. >> we will have you again to talk about emerging markets in just a bit but chris, as we are seeing today onc

nicole petallides on floor of the new york stock exchange. nicole. >> we have optimism from all the great economic news but we haven't seen a big move for the markets. this is the 54th trading day for the s&p 500 because they are balancing the good fundamentals of earnings, great news we got from the jobs report, right? at the same time, on the downside, there are worries about trade. we had somewhat of a back and forth action over the last two months but today we managed to squeeze out gains led by apple and technology. so let's take a look at some of the tech titans as they rebound here. there is a look at apple. it's a buck off the highs of 2 1/2%. got a price target raise over at ubs. amazon, facebook, microsoft up arrows. you have obviously the big hurricane coming. that will see more fuel demand. you can see 2.8%, coupled with news out of iran and concerns there we'll have a tighter global supply. here are the hurricane stocks. so people are preparing. they're boarding up. they're buying materials to get ready for this category 4 storm.

susan li on the floor of the new york stock exchange with the latest. san. >> losses to start off the week here at the new york stock exchange. the dow losing ground as well as s&p 500 at the lows after the rosenstein news hit the tape. it was about trade-heavy industries, materials, industrials, weighing down on the benchmark. we got a lot of deal news to react to, comcast winning bidding war for sky news. $22 a share hefty premium and 38 plus billion dollars, and loads up comcast balance sheet with a lot of debt of the they win bidding over disney and fox. siriusxm paying 3 1/2 billion dollars including debt for pandora. getting into streaming which is higher margins than satellite radio. back to you. john: see, susan. calling out for democrats against kavanaugh and staying silent on claims against congressman keith ellison. we'll have the sound. first a lot of back and forth on deputy ag rosenstein. the latest now he will meet with president trump on thursday. fox business has the latest after this. >> i think this is exactly why i support senator fei

this began -- $25,000 to owens new york stock exchange began after a photo of him at a trader joe's got picked up by new jersey news outlet later accused of job shaming. >>> from a mountain with a view to a mountain of chocolate. fun and delicious family-friendly ideas for the weekend after the break. >>> and the forecast for just about all of those events. let's open up the weather window and show what's going on in walnut creek. one of the areas that's going to reach the 90s as a surge of warmth hits today. has the brands you want...oss fall fashion event nooo... yes. ...at "oh, yes!" prices. like that handbag for-wait-how much? what? or that cute jacket that says "check me out" at a price that makes you say... check this out. that's yes for less. find your new fall look at the ross fall fashion event. ross has the trends you want and the brands you love. and it feels even better when you find them for less. get to the ross fall fashion event. yes for less. reon friday, sept 7th, tonijoin stand up to cancer for all the inspiration all the laughter kevin heart if you change one letter

arrow financial correspondent at the new york stock exchange has been following the story for us. it is good to see you. what is the latest on these latest threats that we have been seeing about more tariffs against china? >> the devil is in the details. it is very tricky timing. even if it is hard to imagine right now. but holiday and christmas shopping season is coming up. they have spent quite a bit on cheap imports out of china. that is why donald trump will probably not introduce steep tariffs. it is likely that we are talking about 10%. that could and will anger the chinese government. so far we are talking about $200 billion. what will happen with the other $267 billion that are still further down the line. certainly, the heat is on with chinese u.s. trade relations. >> let's talk about the other side. >> it will change. just here at the beginning of the week, the chinese government hinted that they will not play defense any longer. they will go on the offense and put pressure on the u.s. administration. there is talk of a restriction to exports of goods to the u.s. and com

. >> mike santoli down at the new york stock exchange has been looking at whether this is gut-check time for technology at the nasdaq excuse me, mike, always at the new york stock exchange for you us you've been writing about this issue in the last 24 hours >> action at the nasdaq. right? the last couple days, that's why i'm here exactly. i've been writing about it it seems like there's a couple things going on. big picture. one is tech has become a little overgrown for the market it's become a crowded trade. it became overwhelmed. a lot of the bellwether names, the bull seemed to be inevitable, right? that makes a lot of sense and has not really jeopardized the uptrends of the overall tech sector or the average tech stock but you surrendered some leadership, right? fang became just apple and amazon amazon is down 100 bucks in 48 hours since it touched a trillion dollar market cap and people say nothing changed fundamentally, exactly but amazon didn't become better fundamentally year to date with the stock up all of this moving around a same time you have s&p, having to carve up all of t

let's get to bob pisani at the new york stock exchange. >> hello, melissa. d a front row seat ten years after the lehman bankruptcy and the height of the financial crisis, the stock market is a very different creatu creature here's a few ways the crisis profoundly changed stock trading. first, the ipo market shrank dramatically the rules created under dodd frank made it tougher for companies to go public excessively low rates made it easy to raise capital and keep companies private. second, there are far fewer publicly traded companies now than there were ten years ago. fewer ipos, more mergers and acquisitions and more companies going out of business have led to a big drop in the number of public companies the number of publicly listed companies fell after the dotcom bust it dropped again after the financial crisis today the wilshire 5000, which is a basket of the 5,000 largest stocks in the u.s. has only about 3400 stocks in it. think about that that's less than half the number there were in 1998 third issue was the death of volatility i know i'm being a li

allie bubba went public on the new york stock exchange in 2014 . it has a market value the bay area news group is reporting the work by the nonprofit journalism group cal matters. they say california's homeless population jumped nor -- nearly 14% from 2016 to 2017. is estimated there are 134,000 people in the state right now. a study shows california is short more than 1 million affordable rental units for extremely low income families. the san jose mercury news reports that stanford is in need of housing for its students and staff. employees are living further and further from campus and must deal with longer commutes because they cannot find closer affordable housing. the issue is important since stanford has a long-term plan to dramatically increase the number of student, workers, and faculty. the university could add as many as 9000 more students, professors, and staff over the next 20 years. hopefully they will includes more housing on campus then. >>> you brought cell back. fix the commute? >> i don't know. you get used to getting into vacatio

to our traders at the new york stock exchange. teddy, what do you think? >> i think it's always a mistake to fight the tape. mr. market doesn't lie. we got hundreds, if not thousands of stock market pundits out there overwhelming us with data on a day to day if not a minute to minute basis but at the end of the day, the tape doesn't lie and in my opinion, the tape continues to ignore or basically not pay a lot of attention to all this noise that's out there, all of which is real, all of which is important, but the underlying tone is that the line of least resistance for the stock market in my opinion continues to be higher. liz: i agree with teddy, todd. you do not want to miss out just because you are a nervous nelly. that said, we do have storm clouds and they are far from the united states. brazil, argentina, those markets have been hurting badly. turkey. if you look at some of the international markets, they all closed down. the shanghai composite was down more than a percent. you have the hang sen in hong kong lower, not to mention all of europe was d

ashley webster on the floor of the new york stock exchange. david: fed hiking a key 10-year rate and fed going other direction. what is going on. let's bring in our panel for analysis. jonathan hoenig, capitalist pig hedge fund, fox news contributor anded to horowitz, host of the bub today trading show. todd, seemed market had trouble digesting what the fed was up to and that affected markets. what happened at the end of the day? >> i was confused too. they took word accommodative out of the statement, which meant equities sell off and they did rates would go higher and bond futures rallied off it. i think that would be a little bit after fear trade. i look for higher rates and lower markets in the near future until we digest the rest of it. i do think rates going higher. i think powell was very clear. the economy is strong, everything is good. we have the green light for four more rate hikes next year. david: jonathan, we know what the fed did why do you think 10-year ended up down, interest on that? >> two reasons, david. first of saw buy th

we put together a new york stock exchange public company called par petroleum that is really focused on refineries. we have a refinery in hawaii here and wyoming and other refineries assets on our agenda. all of which are acquirable at significant discounts to what it would cost to replace them. you may argue that there is no justification for fully replacing them but i don't think that jet fuel is going away and i don't think gasoline is going away in the next two weeks. therefore, i think that some of the analysis of the refineries is under representing what the opportunities are. looking at different places in the united states, invested in [inaudible] and invested in [inaudible] and invested in colorado gas. we try to have a broad perspective without making too big a bet on anyone around. maria: it's extraordinary that the us is or is about to become an oil and energy exporter. >> how many years did we listen to every political campaign that started with energy independen independence. maria: exactly. >> and, you know, we've achieved energy independence. maria: that was one of pr

connell mcshane on floor of new york stock exchange. you have breaking news on tesla.orter: i do. let me give you that news has tesla stock down 8 1/2% after-hours. elon musk, ceo of tesla is being accused of committing securities fraud by the securities & exchange commission. a complaint just released here in new york. i have a copy of the complaint here in my phone. i will read awe opening paragraph summary. that gives you an idea. he is accused of making a series of misleading statements. what it says in the paragraph, when musk talked about taking tesla private, his statements disseminated via twitter falsely indicated that, should he so choose, he certainly would take tesla private at purchase price that was a premium over where it was. i'm paraphrasing. in truth and in fact musk had not even discussed, much less confirmed key deal terms including price and any potential funding source. they said he had not confirmed any of this and made misleading and false statements. that will a big talk tomorrow morning. walking around the exchange floor today we saw every tel

ashley webster is on the floor of the new york stock exchange with the latest. reporter: the money continues to pour in from wall street despite what's going on with trade tensions with china or anything else, for that matter. the dow gaining 159 points to close at 26,406. the s&p eeked out a small gain. the nasdaq slightly lower, down six points. the yield on the ten-year treasury bond breaking through the 3% barrier. the banks get more money back on the money they loan. we saw some nice gains, bank of america, citigroup, goldman sachs all up 2% to 3%. by the way, despite investigations from the s.e.c. and department of justice, shares of tesla again gaining impressive traction, adding another $10 or 3% to their share price. we will rename it teflon. john, back to you. john: thank you, ashley. college students admitting in their view president trump is responsible for our economy, not president obama. >> in terms of confidence, in terms of people's attitudes, that's mostly trump. >> economy is probably one of the best things he's doing. >> economically i feel l

good news from the floor of the new york stock exchange. back to you. david: gerri, thanks, melissa. melissa: the battle is just beginning president trump responding to the ongoing trade war with china as the nations continue to slap new tariffs on an array of goods. let's go straight to blake burman to break down the latest on the trade front. blake. reporter: tit-for-tat or full-blown trade war as some call it continues after president trump proposed $200 billion of tariffs on china, china responded retaliated with six at this billion dollars worth of tariffs on u.s. goods. so far $250 billion worth of goods, worth of tariffs, the trump administration has imposed against china is about half of all the goods purchased from the u.s., chinese goods purchased by the u.s. last year and the president warned that if china continues to retaliate, then the next half is on the way. >> and if there is retaliation against our farmers and our industrial workers, our ranchers, if any of that goes on we're going to kick in another $257 billion. reporter: both sides t

charge them and not sell their their order flow too high for traders the exchanges like the new york stock exchange are selling the data frequency traders not the brokerages so they're to exchanges were involved in this massive corruption but what robin hood is saying is that we can make it even more efficient by becoming a brokerage and buying gaging in this corrupt activity and by curing alayne see a problem and by stealing from our customers because as they say if the service is free you are the product exactly it's interesting that the data from these millennialist is worth ten times as much as what other brokerages are able to sell to high frequency traders so perhaps it's because. their. execution of trades is free so there's more volume and more front running ability to scalp all of these you know millennial is trading on the likes to tell ray because a lot of these millenniums most investors will invest in things they know if they know apple and they don't own a samsung phone now they'll tend to buy apple shares rather than samsung my guess is the premium is tied to speed because of the hig

diane king hall is at the new york stock exchange floor with more. >> investors are selling off property home improvement companies and firms that sell construction supplies. most insurance companies fell between 3% and 5% over the last week. gas prices are also higher as investors anticipate fuel shortages due to the storm. as for the broader market action, u.s. stocks rose yesterday. tech and consumer-focused companies continue to recover from recent losses. the dow rallied nearly 114 points. the s&p 500 added 10 and the nasdaq gained 48. new safety features maybe required on motorcycles. the national transportation safety board is recommending that all new motorcycles have antilock brakes and electronic stability control as standard equipment. the ntsb unanimously voted to make the recommendation to the national highway traffic association which has the authority to impose the changes. >>> and apple is expected to unveil its latest iphones today. three new iphone models are expected to be introduced including the biggest and most expensive one yet. it's rumored one model will have a 6