abigail doolittle brings us the latest. abigail:

abigail doolittle has a way of turning that.: a big piece of today's risk on rally is the fed, very suddenly the march meeting has become live. white, this is where world interest rate probability into a fed meeting, the likelihood of a rate hike. we see back around brexit very low, 20%, let the three weeks before the rate -- the fed raised rates, air 100%. of 25ast week was a raise basis points, up to about 40% and now of 280%. markets think the fed good raise rates after talk from kaplan, williams, and deadly, and there is reason to think this could make sense. another chart's shows the fed dual mandate. one piece is unemployment. we are there. the other piece is the inflation of 2%. the preferred measure of inflation is the pc and it is almost there, 1.7%. it is important to remember we have some big data coming up, ism, payrolls reports could put a tremendous amount of pressure on those numbers. perhaps most important, if the fed raises march what is the effect on markets? this was the first rate hike in a decade. in pink we

thanks, abigail. i appreciated your he don't want to mention this to you, oliver, that produced playing michigan inpurdue is playing michigan the big ten tournament right now. it is in overtime, 68 michigan, 67 purdue is the latest score i see. and -- guest isnd our latest smiling on camera, so let's look back at the jobs report. president trump's first full jobs report is showing a little over 200,000 jobs added. ,oining us now is rick snyder governor of michigan. as we see the numbers of the economy start to take in and see this sentiment across market in the numbers today, tell us how you feel and what you see on this date level in terms of whether or not we can attribute this to a sort of eagerness for trump's policies. governor snyder: what we're continuedmichigan is relation of strong economic growth. we have seen that over the last few years in michigan. put this in perspective. we had the highest unemployment at the last decade going back to pre-2010 times. we have seen steady growth and creat

time now for options insight with abigail doolittle. abigail: thanks. bauer, senior market strategist at chiding advantage or he joins me from the cboe in chicago. thank you for taking the time. yesterday, after all the complacency and the lack of volatility, a 1% decline. more selling to go. scott: i think people are very cautiously eyeing this and waiting to see what happens out of washington with the health care issue now. ,f any sort of past performance looking at the last 3-6 months, tells us something, we should probably buy some of this. certainly, there will be more external items that could derail pastarketplace here, but performances is any indicator, you should probably dip your toes back in the water. abigail: the financial sector is different. down for days in a row, they led the decline yesterday. they look a little bit phone or ball. what are your thoughts? are you worried they would continue to selloff? scott: yes. if you see financials drop 3-5%, that could lead to the rest of the marketplace lower here. every time we have seen the sell

abigail, we been moving the session highs. abigail: we are looking at a nice rally.he best rally since march 1, a big relief rally from last week's selloff. it's really being propelled by the technology sector, by apple along with the banks. apple trading at a new record high. we got out of washington where president trump is speaking at the epa. [applause] trump: thank you, very much. [applause] president trump: i guess they like what we are about to sign. i knew they were going to like this one. thank you very much. i very much appreciated, and thank you to our great vice president, mike pence. i'm thrilled that everybody could be here with us today. toant to give special thanks administrator scott pruitt, secretary ryan safety and secretary rick perry for your remarks. i told rick i said run it the way you ran texas, because it's going to be a great operation. did a great job and we are honored to have all three, and really honored to have our vice president, because mike pence has been outstanding. hasn't he been outstanding? [applause] president trump: together,

. >> hope: abigail?> abigail: [sighs] [laughs]

vonnie: abigail. mark: abigail doolittle. well done, abigail.y, i want to say goodbye to sophia, who is heading off to hong kong. see you in three months. vonnie: happening now in washington, d.c., paul ryan speaks at a news conference, taking questions on the health bill and president trump's new budget. o>.low along at tv > thank you very much, everybody. ireland. i really love ireland. it.k you for a ball of shamrock to the president of the united states. let's get to the markets. julie has

abigail doolittle brings us the latest. abigail: solid gains for the major averages. 500,ly for the dow, s&p and the nasdaq. the average is opened ever so slightly lower. the volatility over the last week, last week was the worst week for u.s. stocks, but now we are seeing a rebound. it appears the dow is on pace to snap and a day losing streak, the longest since 2011. take a look at the imap, a quick way to see what is happening within an index. we see mainly green. this explains why we have the s&p 500 higher. the banks are leading today. this point is to the 10-year yield, which had been lower, now ever so slightly higher. investors seem to be finding relief in that. that is pressuring one of the dividend yielding sectors, telecommunications, to some degree. another sector that is higher, energy. nicely, on pace for its best day since march 2015. this has much to do with momentum around the possibility that opec will extend the cut to the second half. currently that is not on the table. there has been a lot of jawboning

a late-day abigail: a pullback on the week.e trading the modest gains interesting or worth noting is that it follows last week's bit of volatility. ended the week with gains for the major averages, but it came on the year's best rally the worst pullback in a month. with these declines today, investors still are uncertain as what the true direction is going ahead. now, the worst sector drag this is e financials, the best sector out of the election, but the worst sector j.p. bank of america, morgan and citigroup, wells trading sharp lower. typically this would help this group. seeing some sell the news action ahead of the fed rate probability does indicate a 96% chance that the fed will raise rates next week. the should be good for banks, but again with a big rally, taking a bit of a breather. the airlines, we have the transports down more than the nearly 1% ons down the day as the airlines drag in a significant way. president s could be trump's revised travel ban, but an analyst says it has to do delta revising a revenue measure

abigail: why?ass, it could stall president trump with tax reform and infrastructure bills and other fiscal stimulus. why do you think it is a short little blip? mark: let's look at the brexit voting ande actual in ofmp -- actual voting trump. both were considered disasters. the economy is growing better than people were expecting already. dipt buy ththe has worked so well. abigail: something that is a little bit different hear about this scenario could be the financials. we have banks down about 5% since the banks raised last week. without the leadership of the bank, do you think that could resent a problem? mark: i think the banks are at the tail end of breaking down, and i would expect them to get bought out of this, actually. going to be able to continue to raise rates. i was looking at goldman. i think it is probably a little overdone. jpmorgan stopped selling off already, so i think some of those big cap banks -- we're going to see a green week for .hem abigail: it sounds like you are thorough

>> abigail: kissing you?igail laughs] but no, but yes... but i meant with everything you did for di lately thanks to you. your checkbook, too. [chad chuckles] because after tonight, is nna rk the best sports program

it's been 24 days since the bodies of 13-year-old abigail williams and 14-year-old liberty german werend along this wooded trail in delphi, indiana. the killer still at large. but this morning, a father just one state away is hoping the delphi murder case could possibly lead to a break in his own daughter's and niece's onduction and murder. on july 13th, collins and her 10-year-old cousin went for an afternoon bike ride and never returned. elizabeth's father points out the eerie similarities, both sets taken in a secluded area. their bodies found in wooded terrain and both crimes committed on the 13th of the month. authorities hunting liberty and abigail's killers tell abc news they've compared notes with investigators in iowa. and there will be much more coming up later on "good morning america." >>> now to a close call between a luxury home and a luxury liner. and it's caught on camera. >> a terrified ft. lauderdale couple watched as a giant cruise ship appeared to head trait for their house. bill toddhunter and their wife ran screaming when it looked like it was heading straight for

abigail doolittle. abigail: we're looking at declines in the u.s. today., the nasdaq and the s&p trading lower. investors are trying to figure out what is going on out there from the fundamental perspective. last week, we had volatility. we had the biggest rally of the year last week followed by the biggest pullback in more than a month on thursday. a little more of a tug-of-war between the bears and the bulls. the bears are winning. we take a look at the s&p 500 imap, a quick way to get a snapshot of what happening. we are looking at mainly red. we have two sectors trading slightly higher. actione bit of bullish or a little bit of that tug-of-war between the bulls and the bears. down .7%. we have lots of the big banks dragon including bank of america , citigroup, and wells fargo. all trading lower on the day. the 10 year yield in a moment, it doesn't appear to be in the 10 year yield trading lower, it appears to be trading higher. we do have a number of wall street's out there weighing in on whether the big rally out of the election -- this is the financi

here is abigail doolittle. abigail: for existing home sales, we are looking at 5.5 million. that was the survey. the actual number came in at 5.4 8 million. it turned out to be a 2.7%. this is not entirely surprising to the bloomberg intelligence team. they thought there was some downside risk based on housing scarcity, plus we have had rates rising. this number coming in a little lighter than what the survey had been calling for. not entirely surprised. it does not appear to be weighing too much on the averages. we are a bit lower than where the averages opened, but this happened before the housing report. modest declines after yesterday's big selloff, the worst of the year. downve the russell 2000 about 0.3%. 9e worst since the september last year. it will be interesting to see if this is the tone for today after yesterday's big selloff. ,ne of the big drags on the dow nike shares are down about 5%. the reason is not so much the earnings report, but the fact that future orders are down at 9% relative to the expectation of down 1%. that is dragging on the shares of nike. ta

brad: abigail doolittle in new york, thanks.et's continue the conversation on the outlook for tech stocks with an analyst who is bullish on facebook, amazon, netflix, and google. he is the most list on the street when it comes to snap with a brand-new buy rating and $31 price target. mark mahaney joins us in the studio. thanks for joining us. you have called snap and innovation machine. what are investors not getting about the company? mark: this will take a long time to proof out. this will be the most volatile large cap internet stock for the next 12 months. it happens with profitability push that far out. all the value is in the terminal value. any little twist is going to cause the terminal volume to shift. we have had some competitive news. the big risk was whether instagram and facebook would ape all of the features. they are trying to emily some features -- emulate some features. and: facebook messenger instagram already have it. if you are snap, what is your differentiation now? mark: you constantly continue to innovate.

abigail doolittle is taken a look.ed raised rates and signaled that two more are likely to company give us -- likely to come. give us the inside route. abigail: we saw a broad rally on this, the right message for stocks and interestingly bonds. they like the fact there are lonely two hikes on the horizon. the dow and s&p 500 and nasdaq all had their best day in two weeks. the s&p 500 was of the most for the major averages. not surprisingly, the best sectors beating technology where those rate sensitive sectors, real estate and utilities, they tend to rally when those rates go down. in the broad scheme of things, tech was up, but not as much as some of the other sectors. isther way to look at it volatility, we have been talking about the lack of volatility. it plunged more today for the s&p 500 vix relative to the nasdaq 100 vix, which was also down, but not down as much. so tech was up. not as much as broader industries. caroline: so we will dig into some of the records. there were some notable records being made by th

abigail doolittle with the latest for you abigail: we're looking at a relief rally for the majors.ast week was the worst selloff of the year. aftereek, solid gains mixed trading earlier. investors are taking over. dow and s&p 500 on page for the best session -- on pace or the best -- and since march 15 and we're looking at strength. a two day chart of the doubt, -- dow, a nice again. does it represent a u-turn higher? some investors and experts last week told me that one of felt it was like the brexit and it would be a quick selloff followed by a move higher and a dip. it could come down to the bank. dow explaining how it traded higher. jpmorgan and goldman sachs. other banks trading higher including bank of america and wells fargo. lots of strength for the banks as the 10 year yield flirting between even. the question is, what is next? chart. a great using the come million indicator with a newly created which is a conglomerate of different technical indicators. to simplify, greenness bullish, rate is bearish and as a middle is uncertainty full house of the election come lots of gr

let's get some details from abigail doolittle. abigail: a powerful rally for u.s. stocks., the best sector is the banks, all big banks are trading higher. goldman sachs and jpmorgan are both hitting record highs. this is a continuation of the trump trade and the re-inflation trade. course asy, this of yields have also traded higher with investors expecting those rising rates will help banks with their lending activities. a clearly big rally. as for one stock, treating the -- mcdonald's is a stock in the news, shares had been halted. 1% have popped up about after the ceo at the investor day said that the company is dna by $500 million by the end of 2018. investors seemed to think this was a good idea. shares are up nearly 40% since it was announced steve easterbrook will take over turnaround results. a powerful performance over that time period. carmax has been all over the map. the drop at the end of the midmorning, cnbc reported that investor has taken on a short position and it is worth noting a bloomberg intelligence analyst put out a report noting that there are a numb

abigail: we do indeed. it's the final day of the quarter and we have the tally for quarterly performance for all sorts of asset classes. . will look at the metals this is 7348. it's a quarterly chart. in white is the bloomberg dollar index. it's down about 3.5% on the quarter. it's worst quarterly performance in the year. not surprisingly that has helped gold have its best quarter since march of last year as well. the quarter of march of last year as well. you can see the strong inverse relationship. the strength for metal, though, vonnie, extends beyond gold. you have palladium which is considered to be another precious metal. the same thing with silver. along with lead and aluminum, all trading higher. look at the strength for the metal complex, vonnie. again, mainly driven due to the weakness in the dollar and the inverse relationship. we hop back into bloomberg and look at 7345. this is volatility on the quarter and what we're looking at here is the calm, the complacency everybody has been talking about

abigail: funnily enough, it was a relatively quiet day.he major averages finishing up by .3%, but nevertheless we saw the nasdaq put in that record high. the nasdaq traded up five days in a row. the small cap russell 2000 up six days in a row. that is its best streak of the year. so there is some bullishness. we take a look at a five day chart of the nasdaq we see that , new record close. and what makes this worth noting is the fact it is the first record close for the nasdaq since march 1. following the nasdaq 100, which put in a record close yesterday. that was on the strength of some tech names. cory: it's interesting because it seemed like the trump rally was showing signs of weakness. do we have other records, as well? abigail: everybody was talking about how the inflation is reversing. now we have forgotten about it. it will be interesting to see if that rears its head. today, yes, we have these record highs. behind the record high for the nasdaq, a mixed bag of stocks including microsoft, western digital hitting a record high, netfl

abigail: we had oil down for the second week in a row.t's the worst week for oil since the election. maybe it suggests a bit of a reversal. also before that opec supply. reversal, butof a it will be interesting to see what is next. the pink line is the 50 day moving average. dayyellow line is the 200 moving average. oil hitting down on the 200 day moving average. will the buyers that been and support? it will be interesting to see what happens in the week ahead. when analysts says he does expect the average to support oil trading higher. for the second week in a row, we have had gas trading higher. as betty and kathleen can attest to, it is freezing. [laughter] that was one bullish spot in the energy complex, natural gas. the past two the first rate rise of the year has become even surer thanks to the jobs report. but brexit is looking a little more rocky. the payrollwith numbers. they were universally strong. >> strong enough for the federal reserve to go through with an interest rate hike when it concludes its meeting. they seem to be f

jamie yuccas, cbs news in new york. >> a statement was read from the family from abigail williams. they said the two girls loved each other. >>> join wusa tonight to begin the celebration of harriet tubman and her legacy in maryland. the visitor center will open in church creek on saturday er born. we will look at her connection >>> video showed flames blasting through a door just as the firefighters prepared to enter a home. they were battling a blaze in west palm beach on monday and the two firefighters suffered minor injuries. >>> the first group of survivors involving a charter bus and freight train in biloxi, mississippi, our home in texas. the national transportation safety board spent the first full day investigating the crash that killed four and injured authorities said the bus was stuck on the tracks moments before the train hit and survivors could think about the families and the people killed, only. >> the family members must be going through unbelievable times. way more than what we are going through and it's ripping my heart out. >> the ntsb said there have been three

. >> abigail: hey. >> dario: hey. >> abigail: just the man i wanted to see.how we had the fundraiser in the town square? well, i want to follow up with another one because it was a huge success, but i want this one bigger and i want it to be better. it's just--ugh. i think it's gonna be great for our image. and then at the same time, it helps people that need it, so it's kinda a win win, but i'm saying all that beuse i want this one to be a little bit more upscale and i want to have it here at club tbd. are you okay with that? >> dario: sure. >> abigail: dario... i get it. a dimera working with a hernandez. but our families made a truce, remember? >> dario: supposedly. >> abigail: and if anyone has any hard feelings about it, we'll

nejra: thanks so much, abigail. been was saying, a bumper quarter for stocks, but can momentum continuing to q2? it isg us is said varma, great a have you. we've been talking about the great rotation from the u.s. to europe. g #btv 7334. the stoxx 600 surpassing the s&p 500 for the first time since the u.s. election in u.s. dollars terms. the indices are pretty much that in the as the trump trade has perhaps deflated a little bit this month. you have been talking to a lot of analysts strategist taking down the chart. this rotation into europe, is it going to continue? sid: it feels that way, if you believe strategist. they increased their targets for earnings, by the same time, european equities benefit from base effect. that is to say, whether investors are really that bullish on u.s. stocks relative to the us. the u.s. is looking pretty pricey, and over the past week, we've seen inflows into european equity funds increase perhaps to the highest they've been for over a year. and before that, we've seen a lot of inv

vonnie: abigail, thank you.a deeper look at snap's prospects and challenges that may lie ahead. joining us is bloomberg editor at-large cory johnson. .oday is all about demand about trying to grab a tiger by the tail. the revenue growth of snap has been interesting and strong. the user engagement is very impressive. you know, these crazy kids. consumer facing businesses, tech businesses, do ipo's, generate all of this -- the notion of having all of these people were there spending tons of time sharing lots of snap's is cool. is it cool, i don't know, yet. vonnie: spending tons of time and not spending tons of money. popularity of something so fleeting as a 10 second photograph would seem to suggest their appetites are very short-lived? richard: there is an old joke in the oil and gas industry of a guy drilling a well saying it will never get any better than this. snap is not generating its revenues from users. it is not growing users like it used to. they can start to read accelerate growth. snap is a camera com

abigail grew the largest cabbage in delaware weighing in at 10 pounds 2 ounces. the company supplies students with a seedling and the challenge to grow the biggest cabbage at home. abigail received a giant check at her elementary. where she is in the fourth grade. take up the whole front yard. >> that is a lot of salad there. the "action news" team is out working on stories for tonight at 4:00. alicia vitarelli is live with a look ahead. >> reporter: a lot of cole slaw too. coming up in at 4:00, there is a 50% chance you are paying more for just about everything. but there is a way around this so-called pink tax and we'll tell you how coming up at 5:00. >> and you don't need facebook to know that people are pretty much divided about everything these days and a war is waging on a very important topic. whether or not pineapple belongs on pizza. and we trace the origin of the food fight and head to my twitter page to take the poll. this is important business and we need to know how you feel about it. and i told you what i think. of course, you can watch us streaming

>> abigail: you nervous? >> chad: hey. look, uh, stunning. >> abigail: thank you. you don't look so bad yourself. hey, don't don't be nervous. okay? your speech is perfect. you're just gonna start talking and they're just gonna pull out their wallets and they'll be begging you to take their money. >> chad: yeah, i'm not nervous about the fundraiser or the speech. um, i'm nervous about right now. >> abigail: what do you mean "right now"? >> chad: i gotta talk to you about something and i know you don't wanna talk about it, but i gotta-- we gotta talk about it.

here is abigail doolittle.il: relative to the major averages in the usa, on the better than expected jobs report, we are looking at small gains -- the dow, s&p, and the nasdaq modestly higher. the dollar the s&p 500 are up

abigail: only time will tell.he uncertainty that the idea, these policies, i think that is creating some of the volatility. not the volatility for the nasdaq. here are some of the biggest losers, including intuit. there were not really any fundamental causes that we were able to determine. intuit was down from a cut of goldman sachs. it could be a more difficult tax consumer environment. the big winner, the biggest point lose, alphabet shares. the concerns that big advertisers were pulling ads from youtube. there were many supporters. it is too early to panic which is the early consensus. alphabet rallied on that defense from wall street. cory: our friend having similar comments that it is not a big deal. thank you very much. shares of snap closed up 5%. snapchat's parent company with a cooler reception from analysts. today's analysis comes from firms that received investment banking fees from snap. maybe a coincidence, maybe not. joining us, one of the analysts. talk to me about your research and what you saw. yo

>> abigail: yeah. boy, i wish i could fall asleep like that. think it has something to do with innocence. >> chad: yeah, he's probably just tired. >> abigail: yeah. you know, i really like this time where we just take care of him and love him. >> chad: okay. >> abigail: no, i mean, i just don't think i'm really looking forward to trying to explain this crazy w

abigail: it is actually abigail doolittle -- we're looking at the s&p 500, it's best day in a month.f after some bearish action behind the xrt. we are looking at pbh court the stock is up 8.6%. the owner of calvin klein put up a better-than-expected quarter. there was a range above the estimate. lots of bullishness there. the stock is having its best day since september, 2014, and the strength seems to be a bit of a relief for the other retailers, especially apparel retailers. of course, it has been a difficult stretch for retail. we have ralph lauren on the high end of the rally, along with gap and abercrombie & fitch. strength for the retail space, plus nike. nike, yesterday, had a rough day. the had its worst day yesterday since june the 2012, down 7%, but today, a nice rally. up 3%. it's best day since december 7. the reason the q was down, new orders were below estimate -- nike was down yesterday, new orders will -- were below estimates. i looked for analysts defending the stock -- did not see any. nonetheless, the stock is seen a rebound here. let's hop into the bloomberg and l

at 2:07 p.m., they upload this photo of abigail walking across the train tracks over this bridge.d be their last communication. less than an hour later, the teens are scheduled to be picked up, but they never show. >> they started looking for them, around 5:00. got law enforcement involved. >> reporter: hundreds of volunteers involved, police checking snapchat pictures for clues. liberty's grandfather speaking. >> missing, abducted, we don't know for sure. cell phone has been pinging around town. >> describe that search, the volunteers, this is something that really impacted the community. >> it did, it did. we had, estimating, well over 200 to 300 volunteers. then of course the emergency responders, which included law enforcement, local firefighters. we searched well into the night and the early morning hours. >> reporter: but the next day, detectives discover their bodies, three-quarters of a mile from that very bridge seen in liberty's last snapchat. >> this is rural indiana. most of the people that are born and raised here stay here. it is very uncommon for that to happen in a

here is abigail doolittle. abigail: relative to the major averages in the usa, on the better than expected jobs report, we are looking at small gains -- the dow, s&p, and the nasdaq modestly higher. the dollar the s&p 500 are up for a second day in a row. the nasdaq up for a third day, but it is worth noting the dow earlier briefly went red, but we are looking at games. on the week, it is a different story. g #btv 33, this illustrates them weekly move from the upside -- upside gains to the downside losses. the s&p 500 was up six weeks in a row, the longest winning streak all the way back to november, 2016. -- 2015. we're looking at a winning streak, but a decline pier 1 question could be is this an inflection point ahead of the fed raising rates next week. there are technical analysts including katie stockton and john of asbury research think we could see a pullback for stocks. this weekly decline might indicate that. . another weekly decline, oil down sharply on the week, in fact, on pace for its worst week si

abigail: on his etf friday, bloomberg intelligence etf analyst.k, with stocks their all-time highs, strong jobs report, many are calling for correction, including several technical analyst. i know you want to talk about hedging, the years and using some of these etf's is a matter of your poison. what i think about hedging against a long position for stocks, gold, treasuries, what are those looking like and also you're looking at inverse ones. wouldn't that be shorting? >> there are a lot of ways to hedge for stop the first when you mention i cold -- i called naturals. the ones we looked at, if you look at inverse etf's, it is a natural thing. i want to bet on a correction or hedge against a correction, i'm sh come the top when you see there, the inverse as a be 500. it does the opposite of the s&p. you can see the performance at the bottom. it pretty much gives you the opposite during bad days, bad months, and bad years. we tested every and from it. there's double level and triple level inverse. the problems you need to watch out for, because they

abigail: rising tide lifts all boats. cory: until it doesn't. pinterest is not a stock yet but it has -- has it set its sites on a new program, pinterest propel. to attract small and medium-size business to the platform. diversifying its advertising business, maybe getting ready for an ipo. joining us from san francisco, the president of pinterest, tim kendall. talk about ad units. this is not understood outside the world of advertising, that stand arising -- standardizing an way for an ad to appear so important. tim: it is useful to understand exactly what pinterest is. app people used to design a life. what am i going to need for dinner, what am i going to wear tomorrow, what do i want my hair to look like, what do i want to buy this weekend, where do i want to travel this summer? it's an app people use to design their life. and that is a great place to be if you're an advertiser, because when people come to the app, they are open-minded and the have intent. when marketers are there, they see great returns. cory: i have no doubt, i think reall

abigail doolittle.nother stock we are watching, shares of snap gained more than then wednesday's trading, biggest increase since the initial week of its initial public offering. they recommended buying the stock. with james on monday after his buy rating was announced. with analysts cautioning against its nascent business model and competitive threats. now to accompany out with earnings today, revenue jumped more than 40%, but operating costs are also surging. iny face rising competition the mobile gaming market. the shenzhen-based company -- tencent is adding more space to brands on its wechat messaging service. joining me is selina wang. it seems to be investment is where they are really scratching the cash. selina: they just barely missed on earnings and revenue. the cost of revenue jumped 64% from the year before. investors are ok to take a hit on the profit margins at this point because they are seeing a lot of growth in other revenue streams. they are not just relying on mobile gaming. they have b

abigail doolittle is standing by.bigail: as for the just mentioned, we're looking at selloffs heading into the close. the dow, the s&p 500, the nasdaq, all's -- all sharply lower. it will be interesting to see if new lows will be factored into the closed. we have the russell 2000 down more than 2%, the worst days in september 9 last year. for the other averages it is the worst selloff since october 11. reachedlier our team out to gina martin adams, bloomberg intelligence strategist, and she told us that because the banks are selling off -- look at bank of america, down more than 5.5%, the worst day since brexit, jpmorgan, citigroup, wells fargo, trading sharply lower, but because this was the worst sector dragging averages, she believes this has to do with a rally in treasuries . taking a look at the intraday chart of the 10 year yield, trade is inverse to price and we saw that earlier this morning for bonds were actually selling off. right around 9:00 they started to get a bit of the did and we are looking at 10 year

if you and abigail hadn't found us when you did, then, you know, well, the...

host: thanks for the call, abigail. let's take a look here. we got a hold of one of the leaders in the house. this is kevin brady. he's the chair of the house ways and means committee. congressman from texas. here's what he had to say after it was dedecided that there was not going to be a vote on the measure in the house today. >> joining us now, kevin brady. thanks for joining us. where do republican goes from here? mr. brady: here's the good news. while there aren't the votes for this bill yet, and no one is walking away from the table. we hear from our conservative members, our moderate members. certainly we hear that from the white house. our republican leadership as well in the house. this is incredibly important for us to deliver our promise on repealing obamacare and beginning to replace it. look, i acknowledge this is tough stuff. you're going to hit bumps in the road from time to time. that's not unusual. so we're just going to continue until we get this done. reporter: there was a report saying the white house says this vote will ta

check on where markets stand with abigail doolittle. abigail: we are looking at flat and mixed trading. the s&p 500 and the nasdaq up ever so slightly. all three averages have been higher earlier. so long ago, small declines in the context of a better than payroll report and expectation the fed will raise rates next wednesday. where we have more conviction is on the week. set for its first weekly decline in seven weeks. we take a look at the 10 year yield. it is the first down day in 10 days. it tells us haven bond are rallying again. we did see some rally higher into that. perhaps an early indication we could see that again. we have southwest airlines trading lower. they brought the first quarter revenue down. first quarter is less bad than expected. they're going to be sellinboth online and in their stores. and harley davison up on bullish comments that they see strong demand in the first quarter. here we have some greens below that relatively calm surface. >> on wednesday commerce secretaries spoke with my colleague. >> we are in a t

abigail, there is not a whole lot of action for u.s. stocks ahead of the fed. abigail: true. we had the dow, s&p 500, and nasdaq trade unchanged in mixed fashion. about this orable what makes sense about this is the fact that there is a bit of a holding pattern when the investors expect the fed to raise rates. we have more information about brexit, that it could in fact start after that great conversation information that kathleen hays was just providing. we have other central bank meetings, so lots going on this week. notable earnings reports. ahead of that, wait and see action from investors. where we had distinct action was with mobilize, shares of the is really based car company surged 20% for their best day since august 2014 on the news the chipmaker intel signed mobileye. the want to get into driverless car and take on qualcomm. earlier today, intel's ceo did join bloomberg markets. let us listen to what he had to say. pretty positive comments there. >> the market had already priced in that. if you take a look at the price, it is a 35% premium to its current market valu

let's get over to abigail. abigail doolittle to get reaction on what is happening in the u.s. abigail: u.s. investors are not responding to the u.k. attack even though the metropolitan police are considering to a terror incident. the dow is down zero point 25%. drafted down by nike and goldman sachs. nasdaq up. unchanged. not a lot of reaction. the small index showed more 0.8tion, more fear down percent. the intraday of s&p 500 to show there was not too much of a reaction down basically flat right now. around the time of the incident, we saw the s&p 500 rally on its the oil inventory numbers while a disappointment a little better than what people were looking for. the s&p 500 slipping toward even. not a huge reaction. the vix, the fear gauge, has been lower ahead of the attack and is now trading high your. a bit of reaction. because higher in red the dollar is down against the day in a row. gold is higher. a look and intraday of the 10 day yield, down four days in a row. not a big reaction around the time of the attack, bond started to move slightly higher. down by about 2 bas

let's get to bloomberg's abigail doolittle, on why stocks are lower.il: relatively bearish surface, off the lows, but still bearish. let's look at the sectors within the s&p 500 by hopping into the bloomberg and using the imap function, a great way to get a quick look at what's happening sector-wise. the first point, lots of red, mainly red. this is why the index is down. the second point to be made, very interestingly, the only sector that's higher is the healthcare sector. so after the republicans did fail to pass that healthcare bill on friday, there seemed to be a relief rally. we'll dig into that. the third point, financials on bottom, the worst sector since the fed did raise rates about two weeks ago, down more than 5%, declining once again, this as yields are dropping. now, hopping into the healthcare sector, taking a look at what is helping there, we've got really a mixed bag here of strength. first up, universal health services, this is an acute hospital company. shares are up, the best day since december 15 of last year, some relief there. ob

more than a little, actually. line wasn't gonna work on you. >> abigail: yeah, you should've. >> dario. i didn't mean to say thatjust ht of my mouth. and i thought that... maybe we could talk about it. >>il.ni >> hope: mm-hmm. >> jennifer: she is feeling so great, and her blood work >>me back normal. i'm gonna see her

elizabeth's father points out the eerie similarities with liberty and abigail's murders.h sets of girls taken in a excluded area, their bodies found in wooden terrain and both crimes committed on the 13th of the month. authorities hunting abigail and liberty's killers say they've compared notes with investigators in iowa and we'll have more on those similarities coming up at 7:00 a.m. i'm lindsey davis, abc nouz new york. >>> what you are about to see shows the true bravery of firefighters. take a look. two of them battling a fire in west palm beach florida and hit by that terrible back draft. the crew had minor injuries but they returned to the hose line to finish the job. they were eventually taken to an area hospital for evaluation. >>> we told you about this earlier this week, something called truck platooning, where one driver controls three big rigsz. this morning, the system is being tested in l.a. it allows the lead truck driver to control all three tractor-trailers with smart technology similar to what we know as cruise control. caltrans say there is less driver