futures market it's a larger but not the largest weighting in the dow jones industrial average for thateason apple is having an effect. the dow jones would open down by 352 points if these losses in futures carry over into regular cash session trading the s&p off by 40 points where you will see the outsized impact of apple is on the nasdaq right now those futures down by 177 points we have full team coverage of this major developing story. dan ives covers apple for web bush securities. frank holland is digging in on the apple supply chain let's begin with elizabeth shultze and exclusive comments from tim cook. >> good morning. that's right apple's ceo, tim cook, speaking to josh lipton in an interview yesterday. that was after the company announced its revenue guidance, cut for the first quarter, come saying the new forecast is a collection of macro economic and apple xespecific issues. take a listen. >> as we look at what's going on in china, the -- it's clear that the economy began to slow there for the second half. i believe the trade tensions between the united states and china put

that's what the dow jones the dow jones s&p is staying with a 58 billion. news. >> if we do it again today it will be remarkable. "varney" will be right back. charles: already, check the big word here this is exactly where we were when the number came out. the dow jones industrial average of 350 points. brian welsh -- i hope i don't pronounce -- this pronounce the name of your firm. can be. a.i. products, artificial intelligence products are missing things driving this market all around. the computers at this market to the computer trading. help our audience out because most believe it's unfair for the average investor route they are and see if they can change their life. >> yes, so what algorithms these things will amplify the productivity of the people treating them. goldman sachs means that 600 traders on the floor. now they have to. they can do a lot more than what they could previously. you need to ask yourself whether or not this market with these algorithms are actually reflecting underlying economic fundamentals. if they are, we are in a good spot.

dow jones down 96. i want to bring in chris robinson.we interrupted you from your trading down at the cme but give me a sense of whether any of this today sets the tone for the rest of the year. >> i think we're going to continue to see the volatility we saw really since october, and i think that until we get some sort of direction, i would expect to continue to see 1% or 2% moves. we sort of know what the worst case scenario is. the s&p, the 2013, 2015 level, that's big, 2300, and you know, moving forward, it's going to be, you know, are people going to reload. typically in january, new money comes into the market, and it's still early in the year. we are open but we won't really get rolling really until next monday, the 7th. so i would continue to see volatile markets, though, absolutely. liz: well, we got the december china factory number, and i looked at this thing and i said wait a minute, it actually contracted. it's the first time in about two years that it has done so, which then flips over as we bring tim anderson into the conve

dow jones industrials up 126 points. we do have green on the screen, not so for the transports at the moment. but u.s. listed shares of the united kingdom etf are moving higher right now. so we're seeing an extension of gains after lawmakers soundly rejected the brexit deal of prime minister theresa may. don't go away. jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? step up to the stage here. feeling good about that? let's see- most of you say lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the first type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and heart disease. jardiance significantly reduces the risk of dying from a cardiovascular event... ...and lowers a1c, with diet and exercise. let's give it another try. jardiance can cause serious side effects including dehydration. this may

the dow jones scheduled to open up about 260 points. the s&p up by 30 points. nasdaq up by 100 points. the european trade positive there as well. we are right near the best levels of the session. the dax up by 1.5% the ftse 100 up by 1%. similar percentage gain in the cac in fransz. >>> japan has opened for the first time in the new year, it's down by 2.25% for the day. the hang seng in hong kong and also in china, up on some optimism about possibly trade talks starting up on monday. sticking with that china trade, we just got word in the past few moments that the country's central bank, the peoples bank of china, will cut its rezf ser requirements by 100 basis points, 1%, as the government looks to counter risks to a sho sharper slowdown let's talk more about that move with miranda carr. she joins us from london thank you very much. this was a big deal for one of the biggest central banks with big influence out there. tell us what your thoughts are initially about why they did it. we kind of have an idea. >> the cut was widely expected to come in january or q1

the dow jones industrial average up more than 750 the s&p 500, 78.oth up better than 3% there's the nasdaq up 4% the russell 2000, small caps jumping as well today. jay powell saving the day. before i let you run, steve, january meeting, nothing, right? march, what about march? nothing? >> reporter: i'm just getting here, i don't have a full screen for you, but in the wake of the jobs report we're going to do 2.9. a strong end to the year and my endsing is most expect the first quarter to be strong as well it'll be a gift. making sure the whole thing clears out if markets stabilize. you can maybe start to think about something towards march. if you have a big down it will go the other day january is off the table in my opinion. march i think is 25/75 against hiking at this point unless you have a big change. >> you'll get through, joe, two earnings seasons if you will before the april/may meeting, the end of april into the first part of may, you'll see numbers and hear comments. off the table, do you agree with steve? >> i'll give you a date and a ye

dow jones industrial average, up 234 points. let's go back to las vegas and liz claman. liz: i will take it, charles, thank you. it's the talk of the town on wall street and here at ces in las vegas, trade talks in beijing between the u.s. and china are going into overtime. new meetings now scheduled for wednesday. i would say tomorrow but that's overnight, of course, right now in china team trump in progress in the race to reach a deal before that 90-day truce runs out. remember it's supposed to run out end of february. the optimism, regardless, has the markets popping. the dow, nasdaq and s&p 500 are all up close to 1%. a decent gain for the dow, up 221 points. the nasdaq up 59. samsung's shocking warning this morning that just like apple last week, china's slowing economy has already begun to slam both its phone and chip businesses has the thousands of exhibitors here at the world's largest electronics trade show on edge. the korean tech giant slashed its profit forecast and you have got to figure, if the big companies are hurting, how many smaller tech feeder compani

dow jones and nasdaq all in green right now. dow jones industrial up about 130 points right now. the dow is jumping as trade as and kli and china aimed at endsing an the country is willing to ongoing unlikely there will be a deal by march. already tariffs in place on $250 billion in chinese goods. a seconds day of negotiations will happen tomorrow. >>> much more ahead this midday. a refugee turns to keep from being deported. >>> kickoff of the national title game. we'll look at how the south bay is preparing for the big game. c newsom. we )re waiting for it to start. ad-lib. a lk for governor gavin newsom. let's listen in. it is at a church in compton. ♪ >> that's the beginning of the inauguration. the swearing in will be at 12:05. a little bit of dancing there. >> yes. >> it was going to be out dchs doors but they have now put it there in a tent. ae to watch the ceremony. we will continue to stream this livenbcbayarea.com and bring you the latest. >>> chp believes speed played a factor in a crash a little before 1:00 in the morning on highway 101. it is out of goilroy. the man i

liz: dow jones is off 365 points.e came off the worst of the session, more than 460 points at its worst. some of that has to do the senate list ad date. it will be thursday for a vote. they have set that vote date for hopefully reopening the federal government, getting a move on, starting to lead once again. >> right. liz: on top of that so many questions about china. let us be very clear fox business reported that the prediscussions this week are off, not the major trade discussions. [closing bell rings] john petrides, thank you very much. we pot it right. every other got it wrong. nasdaq is struggling down 2% "after the bell has ibm earnings. melissa: ending the day in negative taifer to on global growth concerns and new china trade fears. we're off the lows of the ses. look at the dow down 296 points. we were down 450 points on the low. a bit of a comeback. i'm melissa francis. connell: i'm connell mcshane. a last few seconds we settled in, we got a lot of that back, for whatever it is worth. tech-heavy nasdaq to t

discussing the future of pg and e. >> we'll have more on the options and how it will effect rates. >> the dow jonesver got above see level today. that story is the same. the dow losing 220 points. nasdaq down by one and almost one quarter of a cent. not a strong start to stocks for the week. >> if you can, get outside and enjoy the weather. changes are on the way. we should have an active week when it comes to rain and a chance of thunderstorms out there as we give you a live look at the city blind the bay. the city of san francisco. envoy the rest of your afternoon everyone. there are moments in life that leave a lasting impression. like the feeling of movement as a new journey begins, or the sight of soft fur, warmed by the morning sun. you might remember new flavours, the sound of an old friend's laugh, or a view that defies all expectations. these are the memories that stay with you, long after the moments have passed. at at&t, we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected t

charles: dow jones industrials off 155.art of the preopen session, it was off 500 points. making progress. it will be another wild day i think. now the banks are cutting back on credit card perks. emac, what is all this about? liz: banks were talking about big up front signing bonuses if you take on new credit card. thinking consumers would spend more, earn banks more in interest charges, boost fees "wall street journal" saying banks figured wrong. they calculated wrong. they game the system. take the card, take bonus fee in the beginning, get rid of the card or combine all of these different points on a credit card from other cards. so the banks are saying whoa, consumers outsmarted us. the race of cost increase for the banks, talking jpmorgan, bank of america, citi, 15% increase in costs for these cards over the last third quarter of 2018. so, that's from a year earlier. so they're saying, wow, this is financial, kind of anchor around our necks. maybe cutting back the perks on these credit cards. charles: get back to good

applen see how boeing and reporting earnings last night and this morning, putting in the work for the dow jones, accounting for some 270 points on the dow. take a look over here at the laggards. two components for the doubt in the red today -- for the dow in the red today. we look at the earnings on a percentage basis, we have advanced micro devices up 15%. investors and analysts cheering its forecast, doing a lot better than its peers. this is a company that makes surgical and medical products. investors like the fact that guidance top estimates there. anthem up over 10%. the health insurer expects to move the launch of their e market. oil and irontion ore, both of them rallying today. oil up 4% and iron ore over 13%. the tradeing, liking talks and sanctions on venezuela. david: coming up, we are less than two hours away from the fed's decision on monetary policy. we will go through what to expect and what not to expect with our bloomberg team. this is bloomberg. ♪ david: this is "balance of power." we will turn out to mark crumpton. mark: congress is beginning talks today aimed at averting an

dow jones off by 382 points. s&p off by 39, 40 points the nasdaq off by 153 points this is off the worst levels of the session so far today traders will have a lot of red to contend with this morning on this first trading day of 2019 that does it for us on "worldwide exchange. "squawk box" picks up coverage next so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life. i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >>> u.s. futures pointing to a sharply lower open as investors ring in 2019. >>> world markets are the reason, big reason weak economic data out of china. >>> and a government shutd

it went down further than this, it was down 300 points on the dow jones. is less than 30 points down. the s&p 500 less than 1/10 of a percent. the nasdaq is up. it has been up and down and up again. we are joined by michael regan who leads our market coverage. much has oil-- how shot up? >> is part of recovering stocks today. a lot of traders and market pundits have been discussing this notion that as goes oil sodas equity market. the story is shifting between whether it is a supply story or a demand story. a lot of the commentary recently and the analysis has been it is not also apply it might be a bit of demand issue is weighing on oil prices. regardless of which it is i think this top in oil is good for risk management and the credit market. the lower oil got the tighter the correlation has gotten with stocks. could attribute this pop in oil to the reason why the stock market recovered. david: when we came in this morning the big news was the chinese pmi's. asia was down, europe was down and futures in the u.s. was down. is that just wearing off? is ther

transportation stocks are leading the way for the dow jones.t s&p 500, we are looking all sectors by the utilities in green. industrials led by union pacific that are the gains. china betweens in china and the u.s. seem to be going well. the president tweeting on that this morning. if we take a look at the s&p 500 since christmas, you can see we are up 10%. -- amazonnumber of and twitter rising. this is after they were named best internet ideas for 2019. down.ok ended 2018 2% jp morgan saying it can scale the wall of worry. amazon now the most valuable company. guy: thank you very much. germany potentially at risk of a technical recession. industrial output surprisingly fell in november. the drop following the decline in october. joining us now, tom blades. finger an ceo of bil joins us from berlin. nice to have you with us. does germany feel like an economy that is heading towards a recession to you? afternoon. from where we sit, no it does not. at unchangedg plans for the long-term -- the long-term has become the short-term forecast. petroche

paul kiernan from dow jones news wires. i know the fomc participants estimates for the long run interest rate, they are all above 2.5%. right now we are between 2.25 and 2.5, so you know, i think a key question right now is policy accommodative at this moment, are we looking at staying accommodative for some time, or has your estimate of neutral come down in light of the recent volatility in markets? thanks. >> so the range of estimates on the committee starts at 2.5% and that's kind of roughly where we currently are. as i said, a couple times, when you get in that range, you know that we can't directly observe the neutral rate. we only know it by its works. so we have to put aside our own priors of what that rate might be and let the data speak to us. so we can do that. we're in the range. there are a number of committee members who are right around that range. i think we are watching to see. i don't -- i don't -- again, i think our policy stance today is appropriate for the state of the economy. that's my feeling. we are

from december 3rd to the bottom on december 24th, the dow jones industrial average dropped 4,000 points. 4,000. it's now recovered roughly half of that decline. bond yields are on the rise. t yields on 2-year and 10-year treasury notes are slightly gher and volatility has been steadily falling. a widely watched gauge of fear, the vix, plunged 50e in n days. those are big moves. for "nightly business report," i'm bob pisani at the new york stock exchange. >>> there are reports tonight that the u.s. and chinese negotiators have narrowed their differences on trade. according to "the wall street journal" progress is being made on issues that includehe purchases of u.s. goods and services. though the two sides are still far from a deal,healks will continue into tomorrow. they will reportedly address how china will carry out the pledges it has made. >>> and fromo tradee fed now. the minutes of the central bank's last meeti will be released tomorrow. investors as always will be looking for clarity about t future path of rate increases. but will they get it? after all, the market's response to

the dow jones industrial average was up 746 points on friday, 3 and a quarter percent.4 and a quarter percent higher on friday. in europe, the major indices are mixed. cabbinmix the tax dax index is 2 points. the best performer was japan in asian markets. breaking news this morning, eli lilly is announcing an $8 billion deal to acquire luxo oncology. eli lilly shares are up 3% on the news. we've got details coming up from the jp morgan health care conference. shutdown showdown, we are in week three now of the partial government shutdown over funding for a border wall. president trump says he now is planning for a steel wall instead of a concrete wall. calling it stronger and less objecobtrusive. we'll have details on the extraordinary steps the trump administration is taking to keep national parks open during this shutdown. well, a word on privacy, apple is taking a swipe at google and facebook with a full billboard across from this year's consumer electronics show. we'll tell you about it. wait until you see this. big names set for ipos this year, we're taking a look a

we do have the dow jones industrials holding on to a really significant rally along with the s&p and the nasdaq. the dow up 290. game stop giving investors a big easter egg in its earnings for the all-important holiday quarter. let's good @to gto gerri on ther of the new york stock exchange for today's business brief. gerri: a little noisy down here on the floor. shares of game stop going higher after they announced an increase in same store sales october through the end of december. driven by strength in its collectibles, accessories and digital business. shares up 3.3%. johnson & johnson announcing a new partnership with aupple. they are pairing up on a study to detect heart [ inaudible ]. google announcing it is buying the smartwatch technology unit. the deal expected to close at the end of the month. shares soaring yesterday but losing ground today. they are down marginally, not even a percent. google shares currently trading much higher. up next, we take you live to the port of los angeles to show you how it's anything but business as usual. "countdown" will be right back. comcas

zbhaefrm the dow jones up 17 points the nasdaq up by 46.n stocks overall here in the united states let's bring in sylvia of direction investments. sylvia, the markets seem to really like what the fed did yesterday and fed chair jay powell's comments about being patient. the patient powell is that a green light for investors at this point even with the rally that we've seen off the december 24th lows? >> i certainly think it's a positive factor. you know, we heard the word "patience" and the word "flexibility" so many times yesterday, and i think that, you know, coupled with caterpillar and apple and, you know, some of the -- boeing, some of the positive earnings results that we heard coming out of the markets yesterday, really buoyed stocks up. we saw short-term relief rally around powell's comments the two big factors in the macroenvironment have really been of many, but the two main factors have been china trade wars and powell, and, you know if we think that the fed will be flexible and patient along the way, it will help the stocks that

charles: dow jones industrial average up here, hanging in pretty good, in fact.he united states extended their trade talks to another day. jack, i have been impressed with this market, from the thousand point session a week ago to the session after that, where we made up 900 points in the last hour of trading. we have seen resolve, we have seen buying, we have seen dynamics change a little bit. can we use this as a template maybe for the rest of the year, where things may be shifting? >> yeah, i think so. i think it's an emotional roller coaster. i think we took the market down too much on largely emotions. we talked about earlier there really isn't a recession in sight and i think the market was forecasting one. i also want to see what happens with q4 earnings. i think we're looking at solid single digit earnings numbers. we want to hear decent outlooks from management but if it comes through the way we expect, that's going to be a positive news for the market. charles: you expect them to beat for the most part? >> yeah. historically, companies, 75% of companies

dow jones industrials holding on to gains but we have lost about 132 points off the top of the market the dow. we are still up 710. we are continuing trade talks, fed flexibility, amazing job numbers. the market wrapping up the first week of the new year with a bang. charlie gasparino coming downstairs right now from his pristine office. not. to give us his take on all the day's eye-popping headlines. charlie breaks it next on "countdown." shield℠ annuities from brighthouse financial allow you to take advantage of growth opportunities with a level of protection in down markets. so you can be less concerned about your retirement savings. talk with your advisor about shield℠ annuities from brighthouse financial, established by metlife. liz: you know, i'm thinking, today sends one message. you missed the flash dip. yesterday when we were down as much as we were, that was your chance because look at the nasdaq right now, up four full percentage points, up 264 points. by the way, highs of the session, up -- >> by the way, i'm sending the market down. liz: can't you just wait before you do

dow jones industrials down 45. here we go. live to the floor of the senate, voting is still in play, continuing. still on that first plan, the republican plan to end the shutdown. but it does not look like it will have the 60 votes needed to pass. now, the impact that it's having across america when it comes to business is very real. southwest airlines, news today that the airline's ceo says the government shutdown is quote, maddening and that everybody should be on guard as the current circumstances could harm the economy and air travel, but we thought the most striking part of the headlines out from particul ticker symbol lov, that the shutdown is holding up and disrupting their service to hawaii. they were expected to do it this quarter. they said if the government shutdown doesn't end in about a week, that's not going to happen. as we look at shares, not hurting them right now. that stock is up about 6.5%. but let's get to edward lawrence right there on capitol hill. edward, it's not just southwest airlines. morgan stanley

eighty-five points off the dow jones industrial average. they are now done down by 354 percent. it's down 2.7 percent. taking a look at oil. they are slumping again over night. we are now 4595 on the contract. one and a quarter percent from the downside. ischemic the worst performer as the is the french market down 1%. >> in taking a look at china again at the story. the stocks are edging lower in particular. stocks in japan our still closed for a holiday today. aaa has another plan to bring in trending dieters. fbn:am starts right now. a.m. here in new york. i feel like we are starting this morning at the same as yesterday. we have a reverse i guess today. it could be another wild day. we do want to start with that bombshell news. the company flash flashed their revenue forecast. they're adding the rising trade tensions. and certainly impacted for but traffic in apple stores. it's down 7.4 percent. we are bringing in tim higgins. 84billion. investors assume seemingly surprised. it seems like the second leg down for apple. you would've thought they would've conceived some of the

the dow jones is up more than 700 points. now it's made back and added to the terrible losses yesterday of 600 plus points. definitely on the winning side and not just the dow. s and p is up and the nasdaq star gaining more than 250 points with less than a half hour to go. the chinese government. >> trade talks with china set to resume next week. heading the u.s. team and going to the trade war with a significant impact with both countries. on thursday, the dow dropped more than 600 points after apple announced a weak earnings report. the president stopped the economic adviser showing the trade war pushing earnings lower until the trend continues until china makes a deal. >> one of the reasons markets are responding the way they are is because they're having response for folks in china. tweeting this morning quote i've seen many times as democrats take over the house or senate, it will be disruption to the markets. that claim disputed by market experts. >> it's under pressure because the results are not as expected. >> the st

you can see the dow jones is down about 300 points. in just a few minutes our financial reporter will join us with more on apple's struggles and the impact it could have on the market as a whole. >>> a federal judge has dismissed a lawsuit seeking to hold technology companies liable to victims of the deadly mass shooting. they accuse facebook, google and twitter of knowingly supporting isis. 14 people were killed and 22 others were injured when the two opened fire at a holiday office party in december 2015.c seated on capitol hill earlier in the morning and lawmakers will be faced with a stalemate. a live look at the capital where manfully pelosi is expected to resume her role as hous democrats will hold a 36 member majority next to a huge big tree . today lawmakers are expected to introduce a package of bills that would reopen the government. the proposal includes a stop measure to reopen the department of homeland security. the plan has little hope of making it past the president. with the shutdown about to enter its third week trash

well shares have been tumbling around the world off southall issued a sales warning in new york the dow jones dropped by nine hundred three percent after the tech giants warning sparked new concerns about a global economic slowdown it was a trend that was set up by markets in europe where the dax slid more than one and a half percent and in asia where most indices were down fears of a global economic slowdown rose following up all surprise announcement that it was lowering its sales target for the first quarter due to a decline in i phone sales in china. apple's bad news seems to confirm what investors have feared for some time the i phone hype could be over and so far there doesn't seem to be a solid plan coming out of cupertino to re excite consumers for years the i phone has been apple superstar the device brings a solid sixty percent of apple's revenue but if those sales fall as they did over the christmas quarter it hits apple hard the company's problems have been looming for months after reaching a high last summer the share price has fallen by thirty percent since september back then a

the dow jones closed on friday up by more than 3%. police in india say a third woman has defied traditionalists and entered a hindu temple in the southern state of kerala, after two others set foot inside on wednesday. the shrine has become the focus of a prolonged showdown after india's supreme court overturned a ban on women entering the temple. in a quarter of an hour, newswatch. but first, it is time to click. music plays. yeah, we did all that and more last year, and this week we're going to look back at some of our favourite moments, and also look ahead to what we might expect from 2019 — which doesn't quite roll off the tongue yet, does it? 2018 was a great year for sports — the world cup, formula one and of course, cycling's tour de france, and we delved into the technology behind them all. the sensors on the bike send real—time location data to a nearby vehicle, which then beams it up to a following helicopter. it's then sent to the data truck for real—time analytics. the data truck is where data is analysed, enriched, and vi

the dow jones has bounced back. nasdaq in the positive territory. american officials in china for talks aimed at a treaty battle. president donald trump agreed to postpone further hikes. that was more than a month ago. surveys show that consumer confidence is weakening. another bay area company having a rough day. pg&e stock is down 22%. expectations that the company will face charges related to the california wildfires. they are exploring bankruptcy protection and they're facing billions of dollars in liability charges. on friday pg&e said that they are looking for a new director for their holding company. >>> after being closed for four years the napa county courthouse is back open. it was shut down after being heavily damaged during an earthquake. the repair work cost $23 million. most of that money came from insurance money. >>> helping victims of the wildfires. the benefit held in sacramento and where the money raised will go? >>> we are drying out for the moment but there are storms headed our way. the extended forecast is coming up next. cvs

dispute with the us prices on the new york stock exchange also fell on the first trading day the dow jones the s. and p. five hundred and the nasdaq index all closed in the red this turbulence looks set to continue throughout the year with the upcoming european elections and breck's it just around the corner and there's still no solution to the trade dispute between the u.s. and china experts predict that twenty nineteen could be a difficult year. for the first time since the introduction of the i phone apple had to adjust its revenue forecast downwards for the all important christmas quarter revenue is expected to total eighty four billion us dollars nine billion less than predicted warms apple boss tim cook as a result apple share price fell temporarily by around ten percent the company's problems have been looming for months after reaching a high last summer the share price has fallen by thirty percent since september back then analysts reported that asian i phone suppliers were cutting back their production because apple needed fewer parts news that sent out an alarm signal the i phone

know that survey actually really is stunning by the end of the day it was the biggest winner in the dow jones industrial it was a gain of almost seven percent well maybe you want to reason is that some of the mixed results were already priced in the stock had lost around thirty percent since the last earnings reports from early november we also had a revenue warning earlier this year but the report was certainly not picture perfect apple also lowered the revenue guidance for the current quarter but the wall street obviously had expected worse and it's not just in the earnings season that kept investors' minds occupied how has the fed decision to keep rates steady been received there where you are. but that had a huge impact by the end of the day traded up by more than four hundred points and reserve prost the twenty five thousand point mark once again and some of it was due to the first meeting of the federal reserve in trainee nineteen especially the wording of made the big difference that the federal reserve did not increase interest rates was no surprise that all but they did eliminate the

yesterday the dow jones plummeted a loss of more than two and half percent. nasdaq followed suit and the s&p was lower by 62. apple's announcement of slowing sales reinforce fears among investors that china's economy is weakening. apple shares went down 10% erasing more than $74 billion in market value. technology and industrial companies also took steep losses after a surprisingly nufacturing. experts we spoke with say apple is likely to rebound because it is sitting on a pile of cash, is very profitable and has a strong team in place. rh w futures free markets are up and that includes market apple. >>> a scary moment after a car plunges from a parking garage. we will talk about the three floor fall and the condition of the person inside that vehicle. >>> we are live in downtown san jose with a difficult moment. warming up for the big game. we will keep working during the break and we will have the story when we come back. . with my new $4.99 blt cheeseburger combo you can get a 10ry smoked american cheese on a fresh, buttery bakery bun, plus fries and a dri

today we are here in the green with more the more than two and a half percent at the moment also the dow jones in. the united states is rallying in the green with more than one percent this is happening after it seems to be possible that's what we're hearing that there could be a compromise in the ongoing a trade conflict between the united states and china this is also happening after already yesterday the fine and secretary of the united states maneuver stated that that he is considering a proposal to lift some or maybe all u.s. tears on chinese goods in order to get an agreement with beijing in the upcoming weeks we have to remember that by the end of the month the chinese and u.s. officials will be meeting again to talk about trade and how to do business in the future financial correspondent daniel cooper to frankfurt stock exchange thank you . japanese companies nissen and mitsubishi say former c.e.o. qantas gone improperly received close to nine million dollars from a jointly owned entity the company say they recently discovered the payment no corn who remains c.e.o. of if they know he's

can you see the dow jones in positive territory, from start to finish here. currently up 178 points. nasdaq is up more than 1%. thanks for watching, everyone. our coverage continues now. online for you at ktvu.com. our next newscast is the 4. when you shop with us, you know how to score. but did you know you could be saving even more? with the tjx rewards credit card - every time you shop at our stores, you earn 5% back in rewards. tjx rewards credit card. an even better value every day. the one with the designer dog collar.(sashimi) psst. hey, you! wondering how i upgraded to this sweet pad? a 1,200-square-foot bathroom, and my very own spa. all i had to do was give my human "the look". with wells fargo's 3% down payment on a fixed-rate loan and a simpler online application, getting into my dream home was easier than ever. get your human to visit wellsfargo.com/woof. what would she do without me? >> chicken wings, always a fan favorite, but are some of these appetizers fake or foul? >> not really a win. >> we investigate the hidden calories you may not be aw

. >> the dow jones industrials ended up below where it was this time a year ago. with the average 401(k) account standing at $105,000, some invested solely in the dow jones industrials have lost almost $1500. one last years almost 2% inflation took it spike, they lost a total of $2000. nonetheless, uc berkeley business school economics professor says it could've been much worse. >> it peaked last august. from 2009 to last auguof up-and it has been a strong market. but we have seen is well within the realm of what we expected in the markets. >> reporter: this professor chris hornburg says these massive selloffs are nothing new since the great recession into, about 10 years ago. >> this time around, this is the third large selloff in one of six overall medium level selloffs since the great recession came to an end. this is the sixth time this is happened in the last five times it happened nothing happened in terms of consumers and consumer spending. i do not expect that anything will happen this time either. >> what are the real worries? >> markets are very concerne

the dow jones is on the winning side by almost one-half of 1%. aq, both of which is preparing chaotic brexit scenario. they announced a $57 million plan today. france plans to hire another 600 employees to handle issues on their border. they passed a law this week that would allow the government to declare emergency measures in a no-deal brexit situation. >>> british prime minister theresa may says they will look. without an agreement economic problems. >>> now to new information in the fate of jim boree. the children's company is announcing it is closing stores. they plan to close all of its cn the company is hoping to sell its higher end fashion line janey and jack. this is gymboree's second bankruptcy. it filed for bankruptcy in 2017. we now know that macy's will close its doors in the coming months. it's the latest, following the shutdown of stores in novato and stones town galleria last year. the macy building will be redeveloped as part of the city line sunnyvale product. a new mixed-use project that will include retail and house. >>> san j

. >>> we will see how wall street is doing, the dow jones bouncing back to almost 100 points, right now. >>> a new report prompting concerns about the safety of our food. ever a research group claims last six years. the f-d-a or u one in six americans get sick every day with more than 3000 deaths per year. recove neither the fda or the need usda commented on that report pick >>> a gardener at golden gate park is recovering this afternoon after being hit by a fallen tree branch. she was taken to the hospital this morning the san francisco firefighters were called to the scene as the branch was called away on a flatbed truck. >> with saturated roads come those dreaded potholes caltrans crews pats them up. park near lake merced. looks like no trees were tak chopper 5 was overhead . it looks like no trees >>> it is coming as we look ahead to next week that breather, if you will we have seen a powerful storm that moved through yesterday. super bowl. we have seen heavy rain this morning. n-f-l made the announcement isolated thunderstorms and we are still tracking strong cells on high definiti