british american tobacco imperial brands just a couple of days ago one of the world's biggest about the producers and first i mentioned altria this stock was sitting pretty at about fifty seven eighty cents now it's fifty four dollars and eighty cents when you go over to british american tobacco it's dropped about three percent this week and also imperial brands dropped but five percent they're all recovering somewhat if you want to call it a recovery but not really at all kristie have you ever watch the simpsons in your lifetime now. well you have it there's two characters rod todd and they've always said smokers are jokers and that's what it is up like are these the smoke if the tobacco companies are any go be jokers you're the joke's on them they're losing body and this is dealing with a cigarette so this is not dealing with debacle itself it all comes down to nicotine and the bottom line is like i said you should be smoking in the first place but investors are feeling it now too thank you so much our to correspondent alex mahela bitch thank you so much that you. talk a little bit ye

fisher scientific which offers cannabis testing, darden restaurants, turning point brands, british american tobaccoston beer. as such, investors get exposure to beverages, agriculture, retail and health care. in other words, the consumer staples, health care and consumer discretionary sectors. only legal activities are allowed in the fund. act has drawn in $50 million in assets since its inception in late 2017. its returns trail the s&p 500 but this year has outperformed the broader market. act has an expense ratio of 75 basis points. it gets a green light in the bloomberg intelligence traffic light system with a warning for being an actively managed fund. taylor: that does it for "etf iq." make sure to watch us every wednesday at 1:00 p.m. new york, 6:00 p.m. in london. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecor

we also have unilever up as well as british american tobacco.of the defensive stocks, more of the consumer staples, things you just can't quit. side,n the losing novartis astrazeneca taking the most points away as well as at hold here. i get confused by the dutch words. this is the supermarket operator, not the telephone communication services company. taking points away from the stoxx 600. let's have a look at the big picture of markets this morning. let's talk about brexit. we have seen the pound very much on the move. the brexit crisis is deepening after u.k. parliament rejected all the options but forward. the prime minister will now hold an extended cabinet meeting where she a proposed delaying the divorce. joining us now is the ceo for india and global head of extent, goldman sachs asset management. very good to have you with us. help us understand where we are in the brexit process and what that means for investors. are you concerned with the pound still around the 1.30 level, are you concerned markets are complacent? >> i think there is

british american tobacco, diageo, unilever, stuff you can't not by. -- buy. stuff you can't not by because it is addictive or a household good. european markets are opening higher, as we mentioned. is after a report that the u.s. and china have resolved most of their trade issues. it is stoked a fresh appetite for risk assets across the board. the financial times says that only two sticking points remain to a deal, namely, the fate of existing u.s. tariffs. joining us now from berlin directly to my left is a senior investment manager at aberdeen standard. thanks for joining me here. your take onask the situation in trade. we have been told time and time again we are close, how confident are you? confident, then again, we have been on this all the way through that we are going to get a deal done in china, i have to take us forward. that, with the stimulus china has put in place, a slightly collar tone in the u.k., i think it's stoking a market that is wanted to run hot or that it has been a while. we could see this bull run through q3. anna? anna: good morning

british american tobacco said it supports mckunl's efforts to raise the national minimum purchase ageffective means of keeping tobacco products out of middle and high schools where youth obtain the products. the fda issued draft guidelines putting restrictions on the sale of e-cigarette and vaping products to youth. back to you. >> thank you >>> boeing meantime reporting earnings this morning pulling 2019 guidance after the fallout of the 737 max phil lebeau joins us with a full breakdown. >> morgan, we're about 45 poi s minutes into the conference call there is nothing said that is giving investors reason to pause here the boeing ceo has reasserted what he has said in the past his confidence that they do have a fix in hand that they will ultimately submit to the faa for approval to get the plane cleared and flying again here's the impact on the production rate according to mr. mullenburg. >> we will continue to assess our production plans as to whether further adjustments are needed based on information at that time. the timing of the return to service for the max will continue to be

you've got some defensive stocks, british american tobacco is a winner this morning.e got unilever as a winner. but also caring, some luxury stocks on the winning side. and then some banks. you was earnings season, bank earnings kicked off with j.p. morgan today. we get goldman sachs tomorrow. we get bank of america and, morgan stanley wednesday. lloyds is one of the gainers. ing is a gainer. unicredit, barclays adding to the stoxx 600. there's publicity's at the bottom. a lot of times after an acquisition, companies will fall. investors like this move to buy and focus on its online presence. look at the losers here. nestle one of the big losers, but that's not a defensive stock sold off out of market fears. that is ex dividend. that's the reason that stock is up there at the bottom. in terms of the other losers, you see roche, novo nordisk, astrazeneca, the health care stocks really doing poorly today. see diageo down this morning. arepean markets in general opening a little bit higher. the dollar edged lower against most major currencies, as well. this follows a rep