and we have charlie bobrinskoy, as well. we are down 274 points on the dow with ten minutes left. trump's comments on trade, sending markets lower today at the nato summit in london, trump weighed in on the timeline for a china trade deal >> the china trade deal is dependent on one thing do i want to make it i have to deadline, no >> mr. president -- >> in some ways, i think it's better to wait until after the election, you want to know the truth. i think in some ways, it's better to wait until after the election with china. but i'm not going to say that. i just think that. i just tell you. >> let's get a check on the stocks most impacted by new worries about a trade deal with china. seema mody has the details for us hey, seema >> hey, morgan well, apple and possibly its customers stand to lose if those december 15th tariffs do go into effect analysts at wedbush forecasting a 4% hit to apple's next-year earnings now, chipmakers given their tie to apple and china are under pressure today and the prospect of those phase i deals not getting completed, big machinery and farm equipment

about a third of one percent and the nasdaq up 0.4% >> joining us to talk about the market day, charlie bobrinskoynvestments. still with us liter with peter shekini at kantor fitzgerald mike, wilf pointing out the defensive tone and yesterday we mentioned we might see some interesting moves today because of it being an options expiration day and the last friday before christmas but relatively quiet session >> it was really more of the same the market continues to levitate in a calm way. seasonal forces. it seems like whatever they had in the risk budget, let's spend it down and turn it into stock it seems to me that the bull case is certainly very plausible, it's just also very well known everybody seems to be broad agreement on why the market is doing what it's doing. and the question is how far that can go right now, things appear stretched. it wouldn't be surprising if now was the time when it took a little bit of a rest >> pete, god od to see you and have you join us i've got to ask, you were fairly bearish coming into fourth quarter. >> i think what we missed was really just momentum and sent