mike. >> hey, dom. at mccormick, it's interesting because we don't usually see a tremendous oamount of options value in mccormick it picked up considerably today. 20 times the average daily call volume im playing a move of 4.1% when they report earnings in line with the 4% or so they have averaged the last eight quarters the most active options today were the october 210 calls, 2,000 trading for 1.$1.35. buyers betting it will rally to the $210 strike price by the premium they paid. that represents a boost of more than 8% to the stock price where it closed 195, 20 or so today by october expiration some think that the earnings will provide a positive boost. >> mike, don't go far. we will he ssee you at the top the action tune in to the full show fridays, 5:30 p.m. eastern time right here on cnbc before we get to our final trade, it's time to reveal the results of our fast pitch poll is america buying pete's pitch on medtronic the people have spoken, pete, and the answer here is, yes, they are >> yeah! ♪

"closing bell" starts now. >>> thank you kelly and dom.ng bell," i'm sara eisen with wilfred frost. stocks bouncing back big after three days of frenzied selling dow down, nasdaq up. let's look what's driving the action tech stocks and momentum plays are recovering some of their losses apple up 5%, tesla up 8, after its worst day of selling ever. but we are seeing one late stage drug trial of a vaccine candidate being pu

dom, the shares are up 3.5% today.ou make of it >> big victory obviously this is going to be appealed every which way you can think of this is one of the key jurisdictions around the world that was threatening the uber business model overall, let alone what's happening in places like california and work arrangements and how you classify employees this was simply an issue whether or not there was a safety issue for riders in the city of london about riding these ubers, and this particular decision takes a little bit of that away. i don't know whether or not the business model can be sustained even with this particular ruling if the covid-19 restrictions are staying in place there, and the uk, remember, is clamping down pretty hard, much more so than the u.s. in certain areas. they're really even looking at the bar scene all over again and saying, maybe you guys aren't exempt from the restrictions we're putting on restaurants so this uber decision is big, especially when the stock is up 3.5% when everything is up today.

the spree continues, dom, i'm sorry.d it the old-fashioned way, but not these the biggest mortgages going public with spac it would be valued at 6 $600 million. rocket mortgage has bent a great ipo, but obviously the housing market is very hot right now, is to i'm curious how we should tie all this together. >> i think that's a great question biggest spac reverse merger we've seen in history. it happens to be a mortgage provider, and you almost get a little bit of a chuckle when yo see mortgage and spac in a headline and you say, this is 2020 what's interesting about this deal in particular, you're right. this is a year when housing plays and the public markets have seen tons of amount of investor interest. going the traditional route for rocket mortgage may not have been the perhaps success story they envisioned it one day would be uwm took a different route by merging with a spac. they only gave up there 6% of their company in order to do this they're going to have almost a billion dollars to put to work to expand as a

dominic chu crunching the numbers for us dom? >> these days it just keeps going higher and higher, bill. as you pointed out, another set of record highs. moderate sector gains, but it doesn't take away from this notion that the markets keep climbing higher. the s&p 500 still above that 3500 mark. look at nasdaq 11,897 we're almost close to putting 12,000 on the nasdaq how is that for covid-19 deals today? better housing and home sales data coming out for the month of july earlier this morning has put a bid to some of these homebuilder stocks l lennar up 2%, kb home, 2.5%. homebuilders still a tailwind for all. let's look at apple. three and a half gains, another record high, $133. right now this company is worth about $2.28 trillion just to put it into perspective, bill, because i know you like this at the pandemic lows, the market value of apple was around 982 billion, with a b, not 2.8 trillion with a t. to put that into further perspective, it's basically added more than an entire alphab alphabet, google's parent company in va

they're in the sharing economy now, dom mr. chu is here with the numbers to kick things off for us, as always >> who is up for a road trip, kelly? i would go to a road trip with you guys >> you know, i don't think we'd be very -- two screaming kids? i don't think so >> that's a lot of screaming kids in that rv, by the way. kelly, to your point, we are seeing a lot of good positivity and a lot of stories working their way through the markets, but generally we're seeing a constructive build on the pullback we saw driven by technology in the last week. the dow industrials up about half a percent at this stage, but the nasdaq composite continuing to outperform, up about 1.5% the s&p 500 still right above that 3400 lefrvel. it's a key level we're going to watch. one sector that's maybe under the radar that's not been getting a lot of attention but hit a record high today, a big gold star goes up there, the materials sector this sector is up -- let's call it three-quarters of 1% on the day so far, but still a move higher here puts it

here with their opinions we have dom chu, contessa brewer and kate rogers.nity software, a video game company, is surging at $69 unlike the other high-flying ipos this week, they're letting investors cash in on this run-up they can sell 15% of their vested shares, dom, i think is a great move i don't know why other companies don't allow for it, and it's certainly not hurting the performance of the stock today despite what a down market we're in >> it's interesting because you talk about this idea that there are so many folks out there who have a vested interest and they're looking for this liquidity event. lots of times you don't want to see employees selling this stock because it really doesn't sell well you can't tell the story and say, hey, we want you to invest in this company because it has a great future, yet you don't want your employees to stick around for the long term. as an investor, you might want to see these folks keep their shares, at least for a little bit here >> in my old age, i come to realize that a lot of these ipos don't make a lot of m

we have dom chu, contessa brewer and howard frank con assetessa in the middle of w somewhere.d morning, everybody. mobil gaming company and skillz, with a z, is going back. that's a trend that's picked up a lot of steam this year bumble, the dating app, has a valuation between 6 and $8 billion with a b contessa, is this a sign that it's too frothy or is this a sign of the times? >> i'm in kingston, new york right now, just to be clear where i am if a spac is the way to get you into the public, if you can save some fees and generate some excitement, why not do it? take skillz, for instance, this company had 206 million users. now it expects to be valued at more than $4 billion that values essentially each of these game players at more than $1600. it's a very expensive way to look at mobile gaming, and you have to wonder, how much more can they grow from here or what ways can they use their technology to expand in new fields and start to bring in that cash? >> the executives behind this company also brought draftkings to market. we'll talk about that in a minute, dom, but they d

really want to mess with the vote couldn'ting i hope they don't do that thing of just shouting outran dom numbers, that will throw america off. it gets me every time, 61 million for biden. >> 24. >> 61 million and one for biden. >> 143. >> 61-- oh, got to sart again. one for biden. two for biden. >> so yes, there is a real threat that america's foreign adversaries will latch on to the fact that many votes want come in until after election day. and then what they will try and do is use that to convince voters that the election votes aren't valid. while the fbi is warning america about foreign adversaries spreading disinformation after the election, there is already a pretty major domestic adversary who has been doing it for weeks.

it's market cap is now bigger than delta airlines, dom, in fact, all the u.s.irline carriers >> it goes to show you about the changing paradigm and the acceleration of certain trends that were happening before the pandemic and now really with the pandemic if you take a look at the online gaming segment, everyone is always going to talk about the total addressable market, the tam. that's what all the bankers like to talk about, right if you look at the way this is shaping up, there are huge assumptions about just how big sports gambling can be it almost makes the assumption that you'll have the vast majority of the american population in this country out betting on sports. i'm not sure if that's the case. i know people who will go on there and play every once in a while, but i'm not sure this becomes part of the american fabric and dna, and for a lot of these companies, that's what it comes to in the valuation size >> i bet it does not me, contessa, but i bet it does >> you have to remember that the part of the goal is to lure people who are already playing dail

welcome, dom good to see you. here is what's on tap. stocks are at session highs right now after four weeks of losses the dow is up 500 points both the dow and s&p on track for their biggest two day gains since june >>> high stakes stimulus how speaker pelosi says she thinks, think, republicans and democrats can get a deal done before the election and tom lee says that's just one reason to buy stocks he will join us very shortly later, which presidential candidate could be better for the economy and the markets? moody's is out with a new report that takes a look at those questions investors need to know "power lunch" starts right now >> welcome to "power lunch." looks look at the bigger wins today. you have fedex leading the industrials over at deutsche bank raising target price to $318 a share both those stocks up around 2% virgin galactic getting two more buy recommendations. eight wall street analysts say the same thing buy this stock it's up more than 20% just today. on the coronavirus front, vaccine maker plunging as the fda puts i

dom chu here with the numbers for us dom? >> is this for real? that's the big question. a one-day trend doesn't make it, but there are solid gains across the board for many of the assets that got hit the hardest in the downturn of technology it's been a long time since i led with the nasdaq, but you have to look there 3% gains for the nasdaq. as many people just today have stepped up to buy some of those mega cap tech names. s&p back above 3500, nasdaq composite, up 346 points big gains there. focal points for traders have been semiconductors, software and cloud sectors. these three particular sectors were down 11%, down 13% and down 15% from the peak to trough on this last mini move. we'll see if they stick around for that trend and apple, amazon, microsoft and alphab alphabet you can see all green here, big gains for amazon and microsoft with these moves, the market cap losses for these four stocks over the course of four days is roughly down $640 billion, even with the moves today, so keeping on those big tech names, they do drive the market, kell back over to you >>

major making big changes for 2020 that didn't stop our own dom ch from getting access. >> announcer:ber, 22.5 million the average options for stock according to global markets. trading in the first quarter was over a double what it was yea ar ago. increased opportunity in apple and tesla. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. ♪ i keep working my way back to you, babe ♪ ♪ with a happiness that died ♪ i let it get away servicenow. the smarter way to workflow. to deliver your packages. and the peace of mind of knowing that important things like your prescriptions, and ballots, are on their way. every day, all across america, we'll keep delivering for you. >>> welcome back to "worldwide exchang

because jobs are important jobs could derail what is happening right now. >> hey, dom.n important data report. basically, the fed said if the numbers are better than expected and job numbers improve faster, that will be okay. we'll run with it and see where it takes us. i think the game has changed to a degree when it comes to jobs the pull back that is economically driven. >> i've been impressed with a lot of the data that has come out. it is moving in the right direction and showing improvement some indicators, there are ways to go the biggest rise i've seen since 1989 manufacturing is doing well. we've seen the housing market on fire even housing is showing signs of life we need to see if we can remain on this trajectory going forward. that will be the key especially with the elimination of stimulus and vaccine in the election. >> 2020 has been a strange year. it used to be sell in may and go away and it used to be that september was the worst month for the stock market yet we are starting off on such a strong foot what do you make of this >> it has been an usual yea

dom? >> the headlines involving tiktok is coming from reuters. what they're saying by sources familiar is that china would rather see tiktok u.s. close its operations than see a forced sale to another tech company in the u.s. again, that's according to reuters citing sources familiar within the chinese government. this is also an interesting situation as we take a look at the stocks of microsoft, oracle and walmart as well. what's curious is walmart seemed to react more to those particular headlines but again, according to their reporting. china believes a forced sale would make both bytedance and tiktok appear weak in washington, d.c. we'll see if it plays out more, but we'll keep an eye on all of those companies as the afternoon progresses, kelly. i will send it back over to you. >> companies like snap might be seen as a beneficiary, some of the smaller ones as well dom, appreciate it, sir. >>> maybe working from home isn't the future for everyone. peloton impresses but was it enough >>> the nfl reality, more hot pizza, and more won't be return

let's start with dom chu for a look at exactly where we stand now. >> kelly, let's look at the markets as we stand, because we are right near the lows of the session so far you mentioned the dow's low so far today. the s&p lows were down 127, so done 125, we're hovering right there. of course the nasdaq composite, the underperformer today this is a year-to-date basis, you have to go back to the pandemic lows, a huge move higher this right-hand side of the chart represents a 5% drop from the record highs we saw just yesterday sort of put it all in context. with the broader markets, you're seeing weakness fairly across the board, but some outperformance in what's happening with energy prizes, relatively flat right now, utilities holding up as well meanwhile, the technology sector, the real lag guargards . zoom video, apple and docusign every one has made a record high just this past week. they have led to the down side remember, docusign out with earnings reports later this afternoon. ahead of a big jobs report tomorrow, a lot of things working now. >> dom, we'll see you in a moment hi,

"the exchange" begins right now. >>> thank you, dom, and welcome to "the exchange," everyone. down day in the markets as investors sell into the weekend. all three indices have lost those gains and then some. the nasdaq down 255, the nasdaq the worst performer. take a look at this intraday start. we got a jump as

. >> dom, maybe it's just me, but i don't love it.ing bombarded with the betting ads, but i understand i'm in the minority on that. >> here's what i would tell you. i enjoy gambling, but i wonder how big the market can be, the optimism being priced into the stocks reflects the idea you may have to lower the gambling age to, like, 13 to get as many people out this gambling. >> they already have they know how to do it it's not just on fantasy >>> let's stick with sports for a second the nfl season issic canning offer tonight there's a lot at stake. julia, how much are we talking here >> we're talking about $4.5 billion for the season, $3 billion in regular season advertising, adding up to $175 million in ads a week for the regular season what is so amazing is every one of the media giants has a lot riding on the super bowl -- i'm sorry, on the nfl season leading up to the super bowl there's just so much at stake here in terms of cbs, which is owned by viacom, espn, which is of course is disney, nbc, and then you also have the nfl networ

you're seeing a more modest movement out of certain sectors and into others. >> dom, just add that's an indication of the denine benign rotation we would hope for then there's the catch up trade which we all hope happens which indicates a much more healthier path to an economic recovery how does the performance of those stocks today, you touched on it a momentum ag ago, how do fit into what's going on >> i think three of the best performing stocks are cruise lines. i don't believe these countered -- i don't believe the these counter trend rallies are meaningful i wish i were wrong about this this would be symbolic of an committ economy that's recovering faster the only way -- by the way, we had an episode like this, middle of may through june. this is the worst day for the s&p since june 11th. we had a version of this already. it went on for almost four full weeks where the value quote unquote catch up rally, whatever those stocks ripped and teches got killed and served add a source of funds. i think a lot of these value catch up plays are guilty until proven innocent. tell me where

ladies you want as a model or does not want to stop the approaches i feel is the bottle of dom my. boss might of it if you see as a serious lot of clue it seems. to me a 1000000000 skews him so you could. just leave some good advice see above probably it's boss boy so i shook luke luke out of templemore leads you forgot she thought i said. he's going to be any. 2020 russian air races women in his i think i'm going to assume. problem drugs don't always come from unscrupulous dealers but from pharmacies to in every state in the united states we've seen a very sharp increase in the number of people seeking treatment for addiction to prescription opioids invaded america under the banner of medicine persisted with the pain but instead of trying to wean him off though she just goes after dose after dose after dose and really became his drug dealer so who's to blame patients doctors manufacturers all the governments. seem wrong. but. just don't. get to shape out this day become educated and in gains from an equal betrayal. when so many find themselves worlds apart. just to look for common

these are stocks that have been riding on waves of good news dom, really feeling the demand of not havingnd other options. >> much like retail, the casino gaming industry is becoming more omni channel it is about the online digital component as well. i wonder what are the biggest headlines to get people in the door and back to some sort of normal the u.s. ceo of william hill told me that they are concerned about what happens when other entertainment starts opening up. for right now, there are no fans at the derby you can only see it on television and bet online if you want to get some sanction of being involved in the action what happens when you can go back to sports live and what happens when there are concerts or you can go to the movies and go back to some sort of social night life at a bar, they are concerned about that they are concerned that this stimulus has come to an end. that there is a divide in washington that will leave people without the discretionary cash and then you've got unemployment that will leave people without their jobs. >> the latest on casino and sports betting

dom chu is here with the markets. hi, dom. >> that's one heck of a virtual presence device you've got going over there right now, but i am looking at the markets because at the lows of the session we were down about 256 points on the dow industrial average you can see we were positive at one point, but the s&p 500 still eyeing that 3355 area. that's a big movement there in the 50-day nasdaq composite. sigh real outperformer on the day as it's been outperforming to the upside and underperforming to the downside. keep that in mind. two of the sectors that have been the most volatile over the course of the past couple weeks, if you look each day, it tends to show you that financials and energy stocks, those two sectors, have been the most volatile they really do lead on the upside and they're falling a lot today, so in a down market, these two particular sectors have taken it on the chin even more but remember, very much so down moves over the trendwise for the past couple days, so watch the energies and financials as we

the sauna dom pulls on us all of our bianca's companies are competent all fall sick on that song. almost. oh my they're. awful awful so up. on the top shocking usually warm up members on policy. on madonna's unfair loop other females. on the sunday mirror. if you didn't pay the impound society she is just a. pretty boy comment no even thought many people into much pluck to be too sure. what it was if it appears only. in the mind that figure will fall on the wrist and so. no citron paid by the room and. did not leave your. own water only in it for me see only because if you know you've got a pretty. good can there's a highly highly assumed. this year which is it will do gus was glad he even the most. wants to say do you want to sit self-sufficiency. this is. just. it's fast. when the very political state of the world today and foreign mental state of the world. and it's still coming to hell in the hand. so i might be the hope and the human says so so we met a russian old thing we got. and the way. you know rationality is swallowed leo footplate you know. the frame in the mind you s

has the latest on the drama with nikola let's start with materials, dom. >> materials are important,ause right now as things currently stand, they are the only sector in the s&p 500 that is actually positive over the course of the last month as you can see here, these are three etfs that attract the materials sector, the ipf sector more broadly and the energy sector the energy sector down 12%, the worst performing sector in that span and that gap you can see between the best and worst performing pretty wide here almost at the widest point over the course of the last month stocks to focus on let's accentuate the positive. check out these names. we're talking first of all about westrock, international paper and passion for america. they were all focused on paper probably the stock you want to focus on the most, the one that's had all the momentum to the upside here for the long term, sherwin-williams it's down 2% today but that right there is a record high and it's just 5 or 6% off right now. sherwin-williams played on the home improvement that was happening. sherwin-williams the third

dom chu here an hour before the fed. >> i want snowflake. >> $1800 >> if i could afford to invest in snowflake, maybe i could afford the it hat-rex. $319 a share that was the entry amount, by the way, once the halt was lift. a decent day for the dow off the best levels of the session s&p still up one quarter of 1% down one quarter of 1% in the composite. interest rates always a focus as is market reaction to what happens with a certain industry group, and that is what happens with the financials. so it the banking side of thing jp morgan chase, sit i group, u.s. bankorp let's talk about fedex, a transportation stock that has nearly tripled since the lows we saw back in march. you can see that huge move higher for fedex has been powering the dow transports to a near multi-year high close to a record hyatt thigh at this poin. and get this, that run we've seen and that 14% gain in the transports let me put it this way since the lows we saw, kelly, fedex responsible for more than one-fifth of the entire move in the dow transportation index something to keep an eye on with that transporta

the sauna dom pulls on us out of our video keep company founded on fall sick on that song. almost. oh my your mind a pinball. awful awful. on looked up shop. on top members on policy. on madonna's oh i still have other females. on the sunday mail. if you've already been in politics society says this. point i meant no even thought many people into mark collector to be too sure. what it was if it appears only. in the name on that field you can rescind so. no central figure from the room and. not use your. own water only for me see only because if you know you've been pretty. good goes up by the i recently. this year is that still do gus was a lousy even the most. wants to say do you want to sit self-sufficient. this is. just as. long. as. it's fast. when the very political state of the world to inquire and mental state of the world . and it's still going to hell in the hand. so maybe the hope in the humans is so totally mad to rush in the old thing we've got. we kill to anyway. you know rationality is swallowed leo footplate you know. the frame in the mind yet so useful. tool. is swe

thanks, dom. appreciate it.client-based mass production of the model 3s for export to asia and europe will probably begin in the fourth quarter and could ship before the end of the year joining us right now is bernstein's tony saganacki one of the most respected analysts in this space. what do you think of the valuation of tesla at this point, tony? how do you begin to model it out? >> it's a fantastic valuation and we along with many investors i think really struggle with that valuation to us is implies that tesla will become the largest car maker in the world and have by far the highest margins as a mass market car maker going forward. it's valuation is higher than the combined valuation, enterprise value of bw and toyota and those companies collectively make 20 million cars, tesla makes 500,000 cars it's an extraordinary valuation, clearly investors have a lot of belief that there's option value in tesla beyond the core car business but that it will be a formidable player going forward. >> toni, do you recomm

brazil deems it important to have gree freeh dom of navigation as established under the united nations convention on the sea. accordingly, environmental protection rules must be respected and criminal acts must be investigated in a timely fashion. so as to ensure the criminal offenses such as those perpetrated against brazil will not affect other countries. brazil stands out not only on the environmental preservation front but also on the humanitarian and human rights agenda in an area where brazil has become an international benchmark reference given given our supporting of those who come to brazil through the border states. operation welcome, led by the brazilian ministry of defense, his welcomed almost 400,000 venezuelans who have been displaced as a result of the serious political and economic crisis bred by the venezuelan dictatorship. more than 4,000 brazilian members of the military have taken part in the logistical and humanitarian task force with a view to welcoming, sheltering and transferring families newly arrived at the border. as a founding member of the united nations, b

dom chu has more on your money, your vote. dom, and doesn't extend into next year that's a worst case scenario we're expecting that. >> it wouldn't be 2020 unless we had some kind of controversy. >> any chance. >> any chance. it is so 2020. joe, we want to put some handle on the stock market volatility it's elevated right now. just how is it compared to other presidential election cycles we have had a nasdaq tech led selloff. the folks at the sebo, the exchange operating behind the volatility index, took a look at the last four presidential cycles purple 'o 08, blue september 2020 where we are now. october futures, currently around 39 implied for october. that's important because it encompasses the election time period it is more elevated now, stock market volatility, heading into this election cycle than at any other point in the previous three. you can see back in 2016 it was just around 16 just before president trump took over and won the election there if you take a look at this, the reason why it's important is because yo

dom, thank you >>> all right.ars and a heart and also they were tearing up the chart the last time people were talking this much about frothy stock markets in the late '80s. do we want it that way we have howard ward from gamco to tl elus stop the music before my ears bleed. back after this. >>> today's market rally is being compared to the go go days of the dot-com frenzy. at the end of the first quarter of 2000 the s&p closed at 1498 today sits at 3580, that is a record according to s&p global 20 years ago tech stocks made up 34% of the index, today it's 29%. back then microsoft was the most valuable company howard ward, cio of growth equities at gamco was an active investor back then he highlights his concerns howard, great to see you, navigated that market back then fairly well. hearing the echos right now, how concerned, i guess, are you at this point >> well, i want to make one comment on i think the biggest difference between now and then has to do with interest rates. in 1999 the ten-year treasury was go f

via the dom floor. we do believe that got micro biota are important for the development of our immune system. because your spiritual illnesses and asked have to do with the immune system with them it's possible that there's a causal link to. that here. because our liberty or. a handful of clinics have experimented with what is called seeding trying to give newborns born by c. section some bacteria from the mother to recreate what would normally happen in the birth canal. but so far no studies have supported this practice. what is clear is that breast feeding is good for guts might create biota. breast milk promotes exactly the kind of bacteria that belong in the infants in testing. talked to the close contact between mother and child helps transfer of the micro biome during nursing breastmilk is not sterile but also transfer of some of the mother's micro biota. says ariens can be necessary and even life saving the w.h.o. says that's true for between 10 and 15 percent of births worldwide today though c s

via the dom floor. and we do believe that got micro biota are important for the development of our immune system. because our spiritual illnesses and asked have to do with the immune system with them it's possible that there's a causal link to. this here. because our liberty or. a handful of clinics have experimented with what is called seeding trying to give newborns born by c. section some bacteria from the mother to recreate what would normally happen in the birth canal. but so far no studies have supported this practice. what is clear is that breastfeeding is good for guts micro biota. breast milk promotes exactly the kind of bacteria that belong in the infants in testing. talked with him and the close contact between mother and child helps transfer of the micro biome of during nursing breastmilk is not sterile but also transfer of some of the mother's micro biota. says ariens can be necessary and even life saving the w.h.o. says that's true for between 10 and 15 percent of births worldwide today th

dom is following the numbers for us >> assuming that leadership position again and trying to snap that multiweek winning or losing streak rather but if you take a look at the move higher we're still in a position now where the dow industrials and the s&p 500 could both be on the verge of four week losing streaks. first time that's happened since august of 2019. the nasdaq 11,000. we're watching as the key level. the trends that were happening educational where this year for the vast majority of this year have reasserted thelss this week. watch what else happens in the marketplace with apple it may be the case to be made there. we'll see if that sticks pm back over the you >> my son just bought apple in his virtual investment port gro -- portfolio as his starts his 9th grade investment class. >> you get to go first make your case for the unusual thought that instead of turning up ahead of a recession in the market, may not. the thesis behind the waiting is the hardest part spelled as in wni sgrks. with those megacap stocks so hefr heavily weighted, if we get a recovery they are bound to

energy stocks one of the worst performing sectors today dom has the details. >> tyler, fall is what oilrices are doing and oil stocks are doing. as you pointed out let's look at the intraday action wti crude $39.28 off almost 5% at this stage. that's off the session lows. world ice brent crude futures off 40%. like we said, energy stocks, this particular etf that tracks them off 4.5%. the worst performing sector so far today. as you look at the dwreer at a time chart, you can kind of see this recovery that we have seen since the covid lows has now stalled out a little bit we're trying to see if there's any break out to the up or downside here but demand concerns because of covid are playing to the discussion and today especially some supply concerns as a big oil filled in libya gets back up and running that's one to watch as well. take a look at what's happening with the overall sector compared to the s&p 500 on a year to date basis. look at how wide that performance gap is right there the energy sector off 48% on that basis versus about flats for the overall s&p 500. the energy is the

ollie pope, zak crawley, and dom sibley have been given test deals.e's the england managing director on bairstow‘s omission. it's a knock for him, i'm sure. johnny has played one test match in the year. we only have so many contracts that we award. it's a tough call to make becausejohnny has been a very good servant for the team, but he remains a really important part of what we do. he is a white ball contracted player, he is one of our most dangerous players in that form, and that hasn't changed. now, spare a thought for west indies bowler sha kera selman. her side had england in trouble in the final t20 match in derby — a game reduced to just five overs a side. england needed three runs off three balls, with three wickets remaining when selman bowled a no ball. the equation then became one to win off three balls, and selman proceeded to bowl another no—ball to hand england victory and a 5—0 series whitewash. and before we go, one super league result to tell you about. huddersfield beat hull kingston rovers 32—22. huddersfield are still in sixth plac

ollie pope, zak crawley and dom sibley have been given test deals.en contracts for both red and white ball cricket. here's the england managing director on bairstow‘s omission it isa it is a not for him i am sure. johnny has played one test match in a year. —— it is a not for him. we only have so many contracts that we award. it is a tough call to make. johnny has been a very good selection for the team. but he remains a real import of what we do. he isa remains a real import of what we do. he is a white boston to recontact a player in one of our most dangerous players in that form and it has not changed. —— white sensory contract player. the nba finals get under way later tonight. lebronjames could be the key to the los angeles lakers breaking their ten year duck, but will his old team miami heat have the edge in orlando. nesta macgregor reports. this series is full of fascinating subplots. i am here for one reason one reason only, and that is to compete for a championship. aged 35, lebronjames compete for a championship. aged 35, lebron james is on

talk about that >>> up in arms over nvidia's deal and/or kell wi oracle wins battle or does it >>> dom chu is here with the markets. >> a bullish market today. we're still off the record highs. the dow industrial is currently just 5% below those record high levels the s&p, similar there the nasdaq 8%. we're going to put check marks next to all of these, and the nasdaq really outperforming today, up 2% during this stage one of the big drivers is m and a activity, specifically, yes, in activity. gilead buying amino medics this etf tracks that and it's up about 6% right now this particular etf from the trough to the covid pandemic to the highs we saw most recently, up over 90% during that span, and we're just about off 8% from there. keep an eye on biotech m & a driving that action. if you're looking for positivity in today's action, look at these stocks nike, check mark, sherwin-williams, check mark norfolk southern, check mark expeditors international, check mark doing pretty well in today's market >> a pretty diverse group there as well, dom thank you, sir >>> now 55 days stands betwee

chu he's seeing more of the numbers driving the action dom? >> as we talk about the forces you were just mentioning regarding large cap technology, these are the four biggest companies in the s&p 500 we're of course referring to apple, amazon, microsoft and alphabet, the parent company of google you can see we're off the lows big losses here. 3% for apple, amazon down near 3.5%, microsoft, 3% and alphabet almost 3% there. alphabet down from 1to 10% from 15% last week. wti crude down almost 8%, ice brent crude down 5%. tech is driving the entire conversation look at exxonmobil shares, down 1.59%. just to put those in perspective with regard to those energy type names and everything else that's happening, look what else is going on in the entire sector. that's one to watch, kelly that energy and oil price is certainly not looking good i'll send it back to you >> i'm surprised to almost see you. >> i can see you at a social distance maybe it's 10 or 15 paces? >>> just how damaging has this three-day selloff been for most of wall street's most lov

more than one million people are now known to have dom covid-19 globally. that is shocking, the true figure is probably much higher. the tally by johns hopkins university showseaths in the u.s.,nd indiarazil ma up narrator: funding for this presentation of this program is provided by... langua specialists teaching spanish, french and more. raymond james. the freeman foundation. by judy and peter blum kovler foundation; pursuing solutions for america's neglected needs. and by contributions to this pbs station from viewers like you. thank you. nat the height of the conflict. into vietnam he became a single parent of two young children. we moved a lot. we slept in rest areas. we slept in our car. i didn't realize that we were actually homeless. it makes your world really small. if we happened to stay in a motel that happenre to have a tv, it was ly special. we loved nova. b especially when it wou about space. we would talk for hours about the universe. watching nova, i felt big, like, my mind was my ideas were big. my the trajectory oife changed. i could see a

earth i'm very proud of what i call entirely i'm not going to try to do a place of refuge wrote on dom's to die on al-jazeera. it could be the biggest land grab in history. as powerful nations lay claim to territories under the ocean $21.00 geologists are secretly plotting new borders. as the struggle for resources intensifies some of the world's most powerful scientists speak out. oceans manakin on. a cry for freedom refugees burned out of their camp on the greek island of les boss demand that they be allowed to head for mainland europe. hello i'm adrian for the get this is al jazeera live from doha also coming out. joseph to look up. man wound down by. the u.s. marks 19 years since the september 11th attacks.

. >>> the oil market is also closing up right now energy is the worst sector let's get to dom chu for more. >> energy is the worst-performing sector even though oil prices are holding up relatively well. as you can see here, u.s. benchmark crude prices are currently $39.94 about one-third to the upside. brent crude futures up $41.81. a real standout today is natural gas prices getting a huge bounce just in the last couple of sessions. it was near two-month lows so a confluence of factors there bidding up those natural gas prices in trading today. we're going to watch that particular move play out. >>> also you mentioned the energy stock, the sector overall, remember, the worst forming sector in the s&p 500. as you can see here, we've taken a decent move lower from a recent channel we've been in we'll see if that trend continues as well. energy down 3% on the day. the worst performing sector. if you're looking for individual names, guys, to watch, what's happening with apache, down 8% today. occidental petroleum, exploration companies down 5%. oil supplies and field services down 5% --

i guess any of them that helped us come back, dom?so like, becky, those of us who were in the office hanging around saw the 900 points and then saw the kind of gradual comeback at the end of the day. there was a bit of dip buying. joe, to your point, there's been a different theme that's been developing over the past few weeks which has been leadership to the up side and down side the dow industrials, s&p 500 and nasdaq, we're all still negative if you take a look at the most recent highs that we saw just in the case of the last few weeks, remember, for the dow it's still not a record, but those are record highs for the s&p and nasdaq, those moves lower here have been roughly about 7% lower from those highs for the dow, roughly 9% for the s&p 500 and about 11% for the nasdaq we know that's been the big decliner in that span. if you take a look most recently at what's been the focus on the down side moves, it has been the megacap technology stocks and o other dramatic themes. facebook and amazon are among the biggest decliners in the m

yesterday they got slammed dom chu is here.od morning. >> slammed and damaged may be putting it mildly given the action that we saw yesterday, but to brian's point, the nasdaq will be the key focus for many of these what we're going to do is show you some of those stay at home and work at home names and the big falls that they had in the context of a year to date chart because it will explain why in many cases the stocks that lead to the up side fall the hardest when things turn zoom video, docusign and salesforce, three names we've closely associated with surging stocks tied to the kind of work from home trade. you can see here massive moves here lower for all of these but in context, zoom video is still up just in 2020 420% sails for 62%. the biggest out of all of them that's the work from home trade. on the stay at homicide of things, those names as well, some of the megacap technology, names like apple, amazon, netflix. they've all seen, you can see there, that move lower just in yesterday's trade shedding billions, perhaps

dom, because you've done this for us before >> i have. doing these augmented reality tombstones it's not golf but it's close lowe's and home depot. down 1 1/3%. it's due in part to analysts over at oppenheimer. downgraded the stock in larger competitor home depot to a perform rating it was a prior outperform. the target prices for both were lower. they still like the stocks medium term. feel like in the near term investors need to factor in a possible slowdown in sales growth post pandemic adding they prefer lowe's over home depot. also the discount valuations those shares lower premarket along with home depot. next up, shares of facebook up about a percent or so. 40,000 shares of volume pre-market the social media company is getting a little bit of help from morgan stanley. it's 295, it was 285 they keep the over weighed rating they have a bump up in profit expectations with reels and facebook marketplace we'll cap things off with shares of beyond meat down 3/4 of a percent. the plant-based meat alternatives is a mouthful it gets downgra

no i think both china and india need to con dom and withdrawal from the line of actual control which may actually cause more cases to rise and both sides need to have cool head rather then rid next as we sometimes call to agitate the situation and to promote the getting out of the control get it out of our portion of the friction points only ground which is very very dangerous if control of the situation is lost in the western section of china indian border i assume also be lost in the east a section more than 2000 kilometers long of balder between china and india maybe up in great conflict and this would crack down both yen china for many yes right on most of the border in appears to be under market and under is all been heard about it come to you on and you've been a foreign correspondent in china for a number of heroes what according to you is the reason this border demeans underscore for so many decades. like to say it's left through or from history but i think the biggest problem has been that china has for many reasons a stall on the marketing land actually control so this is a

. >>> nothing says fan dom like getting in the car and driving to a like cordless phones. - ( phone ringinghanced phones. get details on this state program. visit right now or call during business hours. hi. what's on your mind?in. can you help keep these guys protected online? easy. connect to the xfi gateway. what about wireless data options for the family? you can customize and save. what about internet speeds that can keep up with my gaming? let's hook you up with the fastest internet from xfinity. and now with our stores reopening, we're putting healthy practices in place. come visit a store today. stop in or book an appointment online at a time that works for you. now that's simple, easy, awesome. ask. shop. discover at your local xfinity store today. great day on the lake! it is. lunch is cookin'! and i saved a bunch of money on my boat insurance with geico. fellas, can it get any better than this? whoa! my old hairstyle grew back. so did mine. [80's music] what? i was an 80's kid. it only gets better when you switch and save with geico. and accessoriesphones for your mobile phone. l

via the dom floor. and we do believe that got micro biota are important for the development of our immune system. because we are spiritual illnesses and have to do with the immune system with them it's possible that there is a causal link. that here. because our liberty or. a handful of clinics have experimented with what is called seeding trying to give newborns born by c. section some bacteria from the mother to recreate what would normally happen in the birth canal. but so far no studies have supported this practice. what is clear is that breastfeeding is good for got my cred biota. breast milk promotes exactly the kind of bacteria that belong in the infants in testing. talked document the close contact between mother and child helps transfer of the micro biome during nursing breastmilk is not sterile but also transfer of some of the mother's micro biota. says ariens can be necessary and even life saving the w.h.o. says that's true for between 10 and 15 percent of births worldwide today though c. sec