the ceo fls his company has been resilient since the break up of dow dupont. >> we delivered 125 millionings in the quarter and th first 40 million of the cost savings of the dow dupont separation and we're off to a good stock there. so all in all the portfolio performed well and in most cases better than our peers. >> shares fell more than 6% to 52.70. strong sales overseaspe h underarmour post better than expected results. the retailer saw its international sales grow 12% and northmerican saleslipped as it battled heavy competition thom the likes of nike and adidas. company raised its profit outlook for the year and the shares rose more than 3.5% to 2.82. the ceo of engineering and construction firm fluor is out. the resignation comes as the company posted surprise quarterly loss and weak full-year earnings guidance. the stock lost almost a quarter of its value closing at 29.72. tax day may have come and gone, but people are still talking about the impact of the new tax law, especially in some high-tax states. as you probably know, those payers are notble to deduct as and as they once

a disappointing earnings report for dell dupont and questions -- dow dupont and questions around spinoff plans. david: very interesting. abigail just told us about oil. when you talk about oil, you talk about venezuela. the fight between juan guaido a nicolas maduro for control of the country. that is next. this is bloomberg. ♪ david: this is "balance of power" on bloomberg television. i'm david westin. we turn out to mark crumpton for first word news. barr was a no-show at a house judiciary committee hearing today. to testify about robert mueller's report, but the justice department said he would not appear. jerry nadler pushed back on the justice department's decision. >> yes, we will continue to negotiate for access to the full report for another couple of days. yes, we will have no choice but to move quickly to hold the attorney general in contempt if he fails to negotiate in good faith. mark: congress has agreed to postpone the deadline for banks to respond to subpoenas seeking president trump's financial record. trump, and the trump organization are suing to block deutsche bank and

adam tuss for us in dupont circle. thank you. >> saw a bunch o those on the way to work onsewalks. >>> the 19-year-old man accusedn of openg fire inside a southern california synagogue has pled not guilty. john earnest appeared befor a judge for the first time yesterday they found an extra 50 rounds on ammunition him. this was after the victim was laid to rest. >>> meanwhile, a verdict in a murder case that gained national attention. a formeris minneapol police officer accused of killing a unarmed woman has been found guilty of murder. you may remember this case back in 20 just teen damon -- he believed damon was an armed person at the time. he is scheduled to be next month. >>> new this morning, several laws aimed at making virginia roads fer. starting on july 1 you'll have to put down your phone while driving in a work zone. if you don't, you can face a $250 fine. there will be tougher penalties if you fail to slow down or move over or emergency vehicles stopped on the side of the road with flashing lights. violators

look, we were here in dupont circle not that long ago, in september as a matter of fact, when a scooterer was hit and killed by a car here. that's why safety eerts say that something needs to be done to make sure that if these scooters and bikes are going to be on the t streets,at you're safe. we dug into the rules of the scooters in the city. here's what we found. you have to be at least years old to ride them. you don't need to have a helmet or a license. you can ride them on some dewalks in the city. the bike lane is the best plac for you to be in these scoot what you're not supposed to do is ride them on thera cent business districts so a lot more coming but evebody needs to follow the rules of the road. >> adam tuss live. thanks, adam. >>> 6:40 now. you may eventually have a huge venue to cast your sporting bets at in d.c. >> according to thehi waston business journal, the sports authority has approved a new 35,000 square foot restaurant and eertainment venue at nationals' park. the team is not saying if this new venue includes sports betting. a sports book space is already beingde

it wasn't long go that a scooter rider was hit and killed in dupont circle. many riders are now advocating for even mo safe street space like bike lanes to ride. but for now, this n relativelew style of getting around isn't going anywhere. you have to be responsible with ese things. that is the main issue here. and a lot of people should know that you can't ride them on the central business district sidewalks in the city. that is basically from foggy bottom to capitol hill. and the same rule applies for bikes. so just use your head when you are out here. also wear a helmet, even though you are not required to do soe n thity. back to you. >> i think that is the biggest thing that scares people is you're riding tgh traffic with no helmet. >> wear your helmet. >> thank you. >> reporter: you gotta be safe. >> thanks, htam. >>> caugn camera, a police takedown in a northern virginia mall. tholice chief in fairfax count explains the officer's actions. >>> and take a lk at this. a tornado in oklahoma, massive part of a storm system had a ge left behind dan several st

we saw crowded trains here at the dupont circle metr station. we were here just after 9:00 this morning. metro took all of the 3,000 series rs out of service because of a door malfunction that needs to be investigated. a metro spokesperson tells me not all of the doors were closed as a series 3,000rain left the dunn-lorring station over the weekend. that is why these trains were pulled. this reduced the number of available rail cars by about 15%. we have some video of a 3,000 series cars at a rail yard in greenbelt. they sudden there should not be a major customer impact but some riders said it did seem like trains were a little more crowded today. >> pulling that, safety comes first. that is definitely clear. but i think aga we need to over the long-term let people know what i people would be willing to give the resources to get the cars we need on metro. >> 10 minutes late and hello, bill, if your watching,m i'm 15 utes late because of the train but i did text. it is terrible. i waited for four trains from cleveland park. >> is that unusual? >

his tenure capped with the merger of dow and dupont. the two giants that are now separated once again. last year, he appointed a special adviser for saudi arabia's sovereign wealth fund and sits on the board of directors of aramco. in his first interview since i don't want to say retiring from dow, andrew liveris has chosen fox business and "countdown" for his first interview. >> happy to be here. liz: not retirement. >> active-ment. new term. new term. liz: we have to talk to you specifically about all the chemicals on the list of trade. we are just hours away from new tariffs possibly kicking in. do you think that will happen and what does that mean? >> i don't have an inside view on that other than knowing both sides very well, and understanding what the trump administration has done where single-handedly as a business leader, i stood up and said it's the right thing to do, and some short-term pain may be necessary of that type, that's pretty punitive, as you said. american consumers will suffer but sometimes these moves have to be m

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intel is not far from the lows it hit way back in december, along with 3m and dow dupont today, jpmorgan downgrading deere saying the trade dispute created a perfect storm for u.s. farmers. the global markets for corn, beans, wheat were oversupplied and china's demand for soybeans is declining, partly because of asian swine flu. the u.s. planting season is off to a slow start. we've seen deere down 11% just on those concerns. >> there are stocks near their december lows. we think people are just correcting from their all-time highs but we're talking about some, like intel, falling way back. >> intel, 3m, dow dupont, they're all down dramatically. a very large part of that is due to china. >> absolutely. thanks, we'll see you soon. >>> markets jumping on the president's remarks about china, saying the trade talks haven't collapsed. but that's not all he said kayla tausche has been following the action all day for us. kayla. >> president trump slowing down the sabre rattling in the last 24 hours, saying last night he's allowing three to four weeks to make a deal. today that he respects chi

those brands include dunkin' brands, under armour, dow, dupont, and cvs.ednesday after the possibility of interest rate cuts earlier this year. the dow dropped 162 points, the s&p 500 fell 22 points, and the nasdaq lost 45 points. >>> the federal trade commissio settlement with facebook that would negotiation a settlement with facebook's new company focus on strengthening its privacy. there are negotiations to settle privacy violations. facebook is already anticipating a record fine from the fcc interest from last year's cambridge analytica scandal. >>> the roundup weed killer does not cause cancer. it contradicts two recent court decisions that found it does cause cancer. the company faces more than 10,000 lawsuits from roundup p users. nod e ses including the natural to ban styrofoam. the mandate prohibits restaurants, caterers, condollu environment. those who violate will face a fine of $100. the law goes into effect in 2021. >> anything that protects the environment is pretty good. this stuff takes forever to break down. >> yep. and i can see other sta

survivor of the orlando nightclub shooting, and cast of se"po the parade is next saturday at 4:30 from duponto 14th street. nbc 4 will be wll represented throughout the events and is a sponsor of the capital pride weekend. >> tons of fun. >> exactly. we'll be in the parade and the next day we'll be part of the festival. i'm going to come out sundayt some point. >> no parade for you, what? you're going to do at? come out to the festival, aaron. >> you're going to come to the festival. >> yes, yes. >> understood. >> yes. >> an awkward conversation. all right. >>> after a powerhouse of some weather yesterday, it is back to far more usable weather f outdoorct aivities today. honey, there's something i've got to tell you. partly cloudy here this morning. skies continuing to clear on out. we'll be left with a far prettier day today. 69 now inin washon. what you can't really tell based on these numbers which are in the 60s is how much less imid itgood morning compared to yesterday. that doesn't really show up too well on these kinds of maps. 73 in annapolis. 59 in winchester. if you're planning out

surveiapance video cred the thieves smashing the display glass in the consignment store in dupont cik.le last wee you can see them grabbing the handbags. police are asking for information that leads to an arrest. >>> 4:34. here's a look at our other top stories -- two people have been named suspects in a deadly stabbing. jada smith and xavier culbreath, both 18. police beeve they're sponsible for a tabbing that left a man dead near the potomac toavenue metro sp last weekend. if you see thm, call police. >>> the man suspecte of going on a shooting ram wage at the -- rampage at the university of north carolina charlotte will make his first courtap earance.e trystan ter fired multiple shots inside a classroom tuesday killing two and injuring four others. meanwhile, police are investigating another deadly shooting at an off-campus apartment complex last night. the victim there was not a student. we're told there was no threat to campus. >>> a family's outraged after their first grader was called the "n" word and threatened at a d.c. school. this happenedt horace mann elementary on tuesday. m

we use dupont kevlar. >> the idea borne from a traumatic personal event, a fatal armed robbery in her hometown of seattle. >> last year a mother was walking home when she was approached for her purse. she wouldn't give it up and they had a struggle. but the person ended up shooting her eight times in the chest. she died right there. right in front of her home and mine. >> random shootings, school shootings, a reality that produced an industry of bulletproof gear for people who never used to need the armor. like kids and teachers. one search on amazon produces an entire list of items. for tran, witnessing her neighbor's brutal murder was enough to change the trajectory of her career. >> i looked for something online to buy them. i couldn't find anything made for women or children or at a price point i could afford. >> with her background in material science she worked on prototypes, founded the company in 2018 and started selling her line. >> this is me doing my part to make sure that if someone like me or my mom or little brother was looking for a product like this, it was made availa

piling up includi tech giants intel and apple, but the industrial name, 3m, caterpillar and dow, dupont and the materials are all down big. defensive nameser like pf merck and coke, mcdonald's are up for the monthnd if the trade talks thaw out, global growth estimates for everything will comar down andngs will come down for all of the global companies including the coca-colas of the world. is said hat philip mo today. they said, i'm quoting, domestic pressure and constrain will drive both sides toward further escalation and there's a 65%t chance t they will come in during the second half of the year. for nately business rebrt, i'm pisani at the new york stock exchange. >> when it comes to the economy the outlook keeps shifting and shifting quickly. even at the highest ranks of the fedeevl reserve. liesman explains. >> it was early may and fed chairman jerome powell was feeling just a bit better about the ups and downs the u.s. economy had been facingwe like global growth, brexit and the trade war. >> while concerns remain in all of ihese areas appears that risks have moderated somewhat.

brooks are wanted for stealing handbagswo rth 36,000s.tu cameras capd them running into the store in dupont circle last week. they smashed the glass display case, grabbed the designer bd s ann out the door. >>> a developingtory tonight. suspense and theatrical posturing on capitol hill today between attorney general williao barr and senars over the muellerreport. the sequel could continuero tomor after barr decided late today he's refusing to testify tomorrow before the house judiciary committee. lawmakers in the senate e questioned mit barr for hours over his handling of the mueller report today. the big takeaway, barr admitted he did not ereview th underlying evidence in the report before writing the summary that essen ally cleared the president of wrongdoing. senator kamala harris grilled barr if president trump or anyone at the white house asked him to investigate anybody. has the president or anyone at the white house ever asked or uggested that you open an investigation of anyone? yes or no, please, sir. >> the president or anybody else? >> it seems you'd remember something like that

notice doubt dupont pacing the losses of that sector, -- notice of dupont pacing the losses that sector, most exposed to china of its peer, and micron down. tech is exposed to these tariffs. aig, a very strong earnings report. they both got some followthrough. they were where examples of stocks moving in the opposite direction. also mention of all 30 stocks in and 90% of the stocks ended in the red. weekly, into the bloomberg, because the volatility markets, the warning sign is the title of this chart, which can be found. the first and second month vix futures, a warning. we saw the vix spike above 20 for the first time in two months, and again, that was the biggest two a-day spike since october of last year, so -- the biggest two-day spike since october of last year, so, indeed, a bumpy ride. paul? paul: being sucked into the trade war, we have brent falling below $70, wti trading near 60. theyes, let's look at five-day chart for west texas intermediate, mainly traded in north america and new york. analysts say it really weighed on prices, not just because his actions are depressive fo

then you have dow dupont, which has the specialty sector.be spun off in june, but is currently under the dow. midwest has been depressing some of the agricultural profits. they are hoping especially that products will offset some of the downturn. they came in reading earnings-per-share and revenue. but in the premarket, they are not getting a lot of credit for it. alix: i do want to point out again, dow, the chemical business, talking about some discrete headwinds. they say there was operational efficiency. in the markets yesterday, the s&p seeing its biggest fall in about seven weeks. now we are flat on the s&p, euro-dollar also flat. germany continuing to be that weak spot in europe. yields continued to inch higher after a very with the session yesterday. copper seeing its worst day since august. yesterday it was all about the federal reserve. last month, the fed was talking all about patients. yesterday, chair powell explained patients still makes sense because he believed it is merely transitory. chair powell: core inflation unexpected l

m dupont circle, the gallery place to the national mall, every time we checked today we found plenty of uber a lyft rides available. >> seems like a normal day. >> reporter: some were counting on picking up additional rides but haven't seen it. >> reporter: you think it's having an effect? >> i haven't seen any. >> this should get hazard pay. a hazardous drive. >> reporter: we do know some riders areoff the road. >> all righty, turni itoff. >> reporter: see you later. >> see you later uber, lyft. >> reporter: pam higgins drives for bot uber and lyft and we were with her as she switched off the apps for the day. >> i will do what is right for me to do. >> reporter: whether or not some are still driving, the larger uber andy lft community is these employees need to be treated better, pay, benefits or being part of a company. >> i believe as a group, we are very important to the public as well as to the companies we work for. we have to believe in our own importance. the only way to do that is toa st up. >> reporter: it will be usteresting to see if any changes come beca of that. driver

. >> dow inc., chemical maker separated from dow dupont.d not give a per share earnings number but said it had 1.9 billion in ebida. >> dow component, dow, i don't know that's tough that's confusing. >>> another day, another ipo to tell you about beyond me, $25 a share at the top end of the range they make meatless alternatives to burgers and is expected to begin trading today under the sticker bymd. >>> cruise ship with nearly 300 passengers and crew has been quarantined in the caribbean after a case of measles was confirmed on board st. lucia coast guard tells cnbc that the ship is owned and operated by the church of scientology. measles patient has been isolated on board but st. lucian officials won't let anyone disembark for now, the ship is scheduled to leave midnight tonight. usually they say don't miss the boat this is one of the times you might want to miss the boat. >> when we return on squawk this morning, two analysts initiating coverage on uber with different ratings. we'll tell you about them both here and explain their calls o

of o we saw this on a number of other stocks, dupont has the same situation.in a global reset tariffs are not going to be going away a lot of people are coming to that conclusion. that'll be difficult to actually get them out a lot of this has to do with the election we'll have a lot more on this in the next hour. for more go to tradertalk@cnb c tradertalk@cnbc.c tradertalk@cnbc.com. >> back to you >> all right, let's get to rick santelli at the cme in chicago >> morning carl, i don't know any of these will hold today you guys call it turn around tuesday. down here we call it counter trends tuesday no matter how it turns out, many are still going to be suspects and decisions are not going to go away but today is what we have look at the two days at two's. it is holding better than you see right side higher than the left it is really all about foreign exchange if you are looking for more stroll tivolatility if you look at the one-week of the dollar index it is fighting and it really bounced yesterday. treasury options continue to be quite volatile as one would

adam tuss live at dupont crcle and what he learned at today's protest. >> reporter: i guess it depends how you lookt this. uber and lyft drivers are getting a lot of publicity out of this butei th message about benefits and pay being delivered but not materializing the way it possibly could have had everyone stayed home today. take a look. we went out with lyft and uber drives today out on the roads earlier this morning, symptom saying they would be out all day and others saying they were in o fact going turn off their apps. we did find one woman who said she absolutely was done driving for the rest of the day in protest against what was happening with these companies. this is all about uber and lyft drivers saying they want to be treated with better pay and benefits and more fairly. take a listen. >> i believe as a group, we are very important to the public as well as to the companies that we work for. so we have to believe in our own importance. the only way to do that is to stand up. >>reporter: certainly, some people are sting home, but it's not having the dramatic impact. we are s

not long ago scooter rider was hit and killed in dupont circle. many riders advocating for more street space like bikelanes. for how to this relatively new style of getting around isn'tg goin anywhere. >> it's about being responsible. you can't ride them on the sidewalks of central business district, that means from foggy bottom to capitol hill. if you're on one of these, put on a helmet, even though you aren't requir to. adam, news4. >>> grilling barr. democrats and barr defends his take. >> his work was concluded when he sent his work to the attorney general. at that point, itas my baby. >> reporter: making history at the statehouse. >> congratulations. >> reporter: maryland picked its first african-american woman as use speaker. >>> a crime crackdown with murder spiking. >> i'm concerned about the violen happening in the d.c. community. >> reporter: why the mayor is getting personally briefe by detectives. >> begins with breaking news. >>> breaking news, the tension between attorney general william barr and the democrats just dialed up a notch.

r >>eporter: trying to measure the impact of the ride share strike, from the dupont circle to nationalall, we found plenty of uber and lyft drives available. some like this were counting on picking up extra rides his way but haven't found any. >> reporter: do y think it's different? >> i haven't seen >> it's a very hazardous job. >> reporter: we do know some riders are off the road. >> turn it off. >> reporter: see you later. >> see you laterber and lyft. >> reporter: pa drives for both uber and lyft. we were with her as she switched off those apps for the day. >> i'm going to do what i feel o is right me to do. >> reporter: whether or not some are still driving thearger uber and lyft drive community say thege messathat they need to be treated better, pay, benefits or being part of a company. >> i believe as a group we are very important to the public as well as to the companies that we work for. we have to believe in our own importance. he only way to do that is to stand up. >> reporter: back out here now live we areseeing there are uber and lyft drivers on the streets. i just checked

dow dupont is down 5%. kellogg also down more than 4%. the nasdaq is holding on to a small gain of about 1/10 of 1%. this is bloomberg. ♪ ♪ vonnie: from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is the european close on "bloomberg markets." vonnie: let's check the markets now. here's abigail doolittle. abigail: shaping up to be an interesting day. take a look at the dow and the s&p 500. these had been higher, similar to the nasdaq. the nasdaq actually flipping read right now. investors not having a lot of conviction post fed. we also see the ftse 100 down for tenths of 1%. let's take a look at a two day chart of oil, down for a second day in a row, down 4%. wti crude having its worst day of the year, the worst two days of the year for oil. that is off of the ism manufacturing report yesterday. often, stocks and oil trade together. that it is also weighing on some of the s&p 500. eog resources down 1.8%. to the upside, qualcomm trading higher after earnings. they did beat estimates, but a bit of a relief quarter w

he really decided, i want to make stuff with this, but at the time, dupont were interested in makingtuff and selling it to people. he decided to do that, so he got started by selling coated cables that were high-performing and ended up going to the moon among other places and one day -- >> just going to the moon. whatever. [laughter] drake: one day, his son was playing around with the material , trying to figure out if you could stretch it because it is expensive stuff. you want to use as little as possible. he ended up creating this wholly new form of it by accident. carol: what did he do? and in and drake: he had in length in basically this length of it and was trying to carefully pull it. then he got frustrated and yanked it and it turned out my doing that, he extended it tenfold. what he did was -- the analogy in the story is he took a link -- length of string cheese and turned it into swiss cheese. he opened up all of these pores inside it and it makes it useful for a million different things. jason: including this breathable material, which is how most of us know this through p

dow, dupont, which will soon -- what a confusing name. they have due on the po.y have dow -- [ bell ] >> fabulous. >> they really hit that bell hard. >> that's great. >> well, anyway, yes, anyone who has a claim to 5g is moving too high, i think because it is not like it is going to be tomorrow. >> it is not going to be tomorrow. >> right. >> it is in fact, and they acknowledge this, moving slower than answered. >> right, they were cautionary i said, wow, after this big run, they basically give you a high sign the ring on the register a little bit no no this market is too bulletproof that's how i feel. it is too bulletproof. >> dunkin had good numbers a brief y'all time high before settling back this morning here jim. comps up 24. >> i am glad you mentioned them. yesterday we saw a good number from yum i thought it was a good number it didn't matter that stock didn't do well. it is like a row takal thing remember, starbucks did very well and coffee has come down a tremendous amount. >> we are going to talk to them on air tomorrow. >> good. because i want to ask t

dow dupont pacing the declines we saw on the chemical related companies.esla very much concerned because they are not yet taxing or levying the autos. there is a next petition that will come. aluminum steel hit very hard. paul: yes, su, on the subject of commodities also having a wild ride, we have oil, soft commodities falling. oil and bitcoin offering investments haven from the storm. update us. su: gold the clear winner here. three straight monthly losses for gold and all of a sudden it is off to the races. a bit of paring back in the extending traded. copper also coming back after a severe drop. bitcoin off to the races, back above $8,000. the oil, a five day chart on oil so you can see how it had been rebounding on this shift in the gulf and plummeted on concerns that really these trade was will dominate the day -- woes will dominate the day. oil really in a downward trend for the short-term, if not much longer. paul: all right, thank you very much for that, su keenan. let's get an update on the first word news with jessica summers. er has beeni order

dow dupont leading and then black and decker feeling the losses stay with us what's a target date fund? what's a hedge fund? a mutual fund? an index fund? what should i ask my investment professional? how do i know if they're even legit? edgar? who's edgar? how do i read a 10-k? what about fees? what's an etf? 529 plan? 401(k)? how do we plan for retirement? where do i start? empower yourself with the free tools and resources on investor.gov. before you invest, investor.gov. on investor.gov. does your wealth manager a cfa charterholder does. you've worked hard to grow your wealth. make sure you're working with a wealth manager who can grow with you. cfa charterholders have the investment expertise to unlock opportunities other advisors might not see. learn what a cfa charterholdr can do for you at therightquestion.org >>> welcome back to "power lunch. i'm michael santoli at the new york stock exchange. semis stocks sinking today tensions with u.s. and china after raising 30% higher in 2019 is it time to back away from the chips? larry of oppenheimer and gina sanchez, your "trading nati

many of them are in the bullseye of the trade war, such as dow dupont.ne analyst says they are more exposed than any other chemical peers. micron.a lot of the tech companies also heavily affected by the straight concerns. there were some stocks that rally, very few. beyond meat, the ipo that continues to run strong. aig had a very impressive earnings breaking straight quarters of losses. shery: same story with oil futures getting sucked into the turmoil. brent falling below $70 a barrel. wti also falling near $60 a barrel. what is going on there? su: let's go through the five-day chart and you will see even as oil started to recover yesterday, it got socked again. five-day chart for oil, there you go. it got socked again. down to 7% in west texas intermediate since the april high. we have been talking about year to date oil has been such a story. i don't know if we have the big picture you today chart for oil. we have come down. the trump factor being blamed, not just for the trade wing on oil, but because of the trump policies weighing on global growth.

apparently he's better than the trupter who hangs out at dupont circle late at night who only knows threees on high rotation. david: president trump's tax cuts under fire with one 2020 candidate calling for a total repeal and replacement with a new tax credit. but does it make any sense. details coming next. . >>> i am proposing that we change the tax code as follows. for families that make less than 100,000 dollars a year, i will implement a plan of allowing them to have a tax credit of up to 6,000 dollars a year. >> that's very interesting because then people will come up and say how are you going to pay for it. well, i'll tell you how we're going to pay for it. on day one we're going to repeal that tax bill that benefited the top. david: 2020 democrat kamala harris calling for quote a refundable tax credit. she says this is going to be paid for by repealing the trump tax cuts. harris saying that the u.s. should quote get rid of the whole thing, making her one of the few candidates to propose scrapping the entire 2017 law. is a refundable tax credit mumbo jumbo? >> i think the technical

video captured them smashing the glass in the consignment store in dupont circle last week. you can see they're grabbing the bags. police are asking for metth n arrest.t leads to >>> police are investigating two similar assaults on a woman in centreville on -- women i should say. this happened on the same day. on april 18th a woman was walking a path at braddock near sully station. a man grabbed her, touched her ay.ppropriately, and run later -- and ran away. later, a similar attack happened at a park on walney road. police are investigating, but they say to walk or run only ia ahat you're familiar with. >>> coming up, outbreak expanded. more cases of measles reported in public places. what to know make sure you'reot ted from infunction. >>> the carnegie library transformed into a technology dream. details on the new apple store about to open in our area. >>> here's a look at what we have tomrownen4 today." >> reporter: fasten our seat belts and let's go. where you can go on one tank of gas. watch us live friday. >>> welcome back. the sentiment and love behind some family he

surveillance video captured it thehieves smashing the display glass at the secondi consignment store in dupont circle last week. you see them grabbing the bags. police are asking for information that leads to an arrest. >>> 6:35. it is going to be spectacular. a major transformation of one of washington's most historic buildings is almost complete. >> yeah. apple says it will open its flagship storethn d.c. inside carnegie library next saturday, may 11th. the tech giants will share somee space thein mt. vernon square with a new d.c. history center. the six-week festival with local artists is plannedfs part o the grand opening there. andrew carnegie originally donated the building to the city in 03. > it's now 6:36. coming up, trying to buy a home is getting harder. now a new study is showing which jobs will have thee toughest tim buying in our area. >>> first, here's a look at what we have for you tomorrow on "news4 today." >> reporter: fasten our seat belts, and let's go. whre you can go on one tank of gas. watch us live friday on "news4 today." >>> we are back with a video you will be seeing

mario lopez of "saved by the bell" fame will be hosting a flashback friday called "decades in dupont circle." it's tonight, late one, adults only, but if you want a selfie with slater, now is the chance. >> love the dimples. >> will he have on the unitard? >> maybe that's the vip dection. youn't know. ahead on sunday, lace up your running shoes and join more than montgomery in county as the michaelmosher event kicks off at the parking lot of montgomery mall. i'll be hosting that morning, to fight childhood brain cancer. you can get lined up. ng that's good. >> you're runni over the beltway as some of the folks on rolling thunder is going under. it times out that way in the morning. such an "in a moment d.c. -- "only in d.c." kind of thing. >> we have options. >> okay. >> and folks can always go to the app,t . >> reporter: we'll be live at 7:00 on the "tommy show" app with new music. i need you to play "can't beat kelly" at some point. >> i'm down for it. i'll probably not do well but i'll try. nbc enty more on the washington app. >> all right. >> thanks for coming in. have a good hol

its sister company dow dupont saw its profit fall 28% in the first quarter. delayed shipments and weak chemical demand to blame. dow inc. was spun off on april 1st, is hitting a 52-week low right now. >>> coming up next, beyond meat going beyond expectations. look at this chart. take a look at that stock. up, yep, that's 168%. you can see it on your screen there. this is the day of the ipo. plant-based products going to be a hit with investors. we will talk to the co-founder and ceo live from the nasdaq when "countdown" comes right back. now i'm thinking...i'd like to retire early. let's talk about this when we meet next week. edward jones came to manage a trillion dollars in assets under care by focusing our mind on whatever's on yours. what do you look for i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no

our favorite restaurant is chico which is in dupont. lot of fun t eatre with your friends and get some drinks and some asian-koreannd food a delicious. and -- >> best new restaurant. >> best new restaurant. bet -- best new bar in green zonethat does fun stuff with he'll see ogen so somebody caring a big chemical vat around. >> that is part of the expeence. to get the drinks made. >> absolutely. >> any other new categories that people should keep ut eye o for this year? >> we he the bestike share category. which is great. so capital bike share won. a great way to get around town in the warmer months. and we also added a best physical therapy category. if you are ailing, so take a look at that. if you need a place to get yourself worked out. >> you have it all planned out for us. thank you so much, caroline jones, naging editor of washington city paper and see online as well.the pper and thank you so much. >>> we are looking ahead to the weekend. coming up, a preview of a spectacular airshow taking place in maryland.'l and talk about weat

down double digits so far this month including the tech guys, intel, apple, industrial material like dupont, 3m, caterpillar as well. nomura a 65% probability if tariffs are put on the additional $300 billion in imports at a 25% rate. wouldn't be imposed at the g20 meeting in june, it would be put on afterwards and what a lot of people are starting to try to >>ob, when you look at the markets, do you see the pressure mostly in the tech sector today, when there's all the headlines about this being a tech war with china? do you see it in manufacturing after the market number this morning or is it a little bit everywhere >> tech and industrials are the two sectors hit most because they have the biggest exposure forget about hiding out in defensive names. if you go on for months and months on end into the end of 2019 with tariffs on another $300 billion, procter & gamble, doesn't matter, your defensive names, all the global names will come down because global earnings will come down. your numbers have to come down at some point. >> bob, thanks very much bob pisani >>> the bond market buckling i

tonight at a dupont circle club call decades, a.c. slater, mario lopez of "saved by the bell" fame, going to host a flashback dance party. an adult oy thing. starts late, begins at 10:00. >>> on sunday more than 2,000 families will be lining up and hitting the course at montgomery mall for the michael morbidity euro defeat dipg sprints and 6k. i'll host as we get together and try to fight chilood brain cancer. >>> and it's really cool. if you time it right on the course, you're running over top of the beltway as rolling thunders members are making their way down below. i'm tommy mcfly with what's up or your weekend on news4. >> good stuff. go to the nbc washington app to findout more. >> the washington memorial day parade is the biggest in the country. rightfully so. >> yes. >> it's going to be good weather for most of the weekend plans. excellent news. i tweeted out that the northwest wind and refreshing air is coming. people are like, have responded like, you know, it's awfully muggy out here. where's the breeze? i ipromise,s coming

when dupont spin off and then afterwards a settlement, they paid to take the liabilities and the liabilities are now kamors you should assume that that liability will stay khemours has 4 to $6 billion which is its current market cap finally, esg investing a new hot topic. who rates these things rating agencies. what does sustain aalistics rate 3m number 35 in the s&p 500 do we need a conference to talk about rating agencies, again and we should not need rating agencies to make our investments. a giant liability that will suppress and facing what we think is substantially all of its market cap i want to thank everybody for the opportunity to speak to and to support the sohn conference, once again now, i want to turn our attention on introducing you to one of the most extraordinary people i have ever met in my entire life, which is a hockey player i know named maurice campbell and i coached 15u hockey >> again, that conference is happening live all day today you saw some stocks moving on the back of his recommendations. both buy and sell. chemours probably the biggest to the downside exposed t

we have been seeing for decades dupont was complaining about how actually china stole the color white and the i.p. behind that. you are seeing a coalescing of countries and companies behind this president from germany to even senator chuck schumer. i think this is actually very important and if the only effective tool that this president can use to get the attention of the chinese is tariffs -- >> kevin, how effective has it been? this is now a year plus later, we are still saying oh, just hang on, the president -- >> i don't know. look at the gdp. have you looked at the gdp? we are seeing companies reinvest in their businesses. you are actually seeing the country do very well in almost every leading economic indicator from the non-manufacturing pmis to the manufacturing pmis. i think we are doing quite well right now. because of the politics of deregulation and all the other policies put through. >> specifically leave out those who are hurt by the tariffs like farmers, for example. i know you didn't mention them. farmer bankruptcies up about 30%. or something, what about something as

when dow and dupont merged in 2017, the idea was to split it in three companies this came out in theeginning of april i think the shares have been really under pressure as there was noise and confusion around the spin-off that started to clear up with the conference call, at least in my opinion it did, and we were left with the stock trading nine times earning with 5.3% dividend yield. bought it a few weeks ago, thrilled to own and it expect to hold the portfolio for a very, very, very long time >> shopify, jon, from erica in montreal what do you do with these levels >> i would trim. to pete's point on the ktos trade he put on yesterday, i think you're smart to pull some money off the table. this is $120, $130 stock in january. they announced shop apify studi, like a home shopping network, and it doubled now it's up $12 today. everything is going well but that doesn't mean that tp wiit always go well i would be happy to take a little off the table >> a recent new client to the capital one 360 account, 2% savings, boom. stock is trading .885 to book, 10 times forward earnings, again v

the parade is next saturday afternoon, starts at 4:30 from dupont circle to 14th street.a proud sponsor of capital pride events. >> have our own bus. right. an nbc 4/telemundo 44 bus. >> awesome. >>> melissa mollet? >> good morning. right now, first 4 traffic alert. chopper 4 is over this problem. we're talking about myersville. so as you're headed eastbound oa i-70fter the south mountain rest area. this is what you're going to tcounter. fort reason, you're going to want to take a different route. chopper 4 showing you only getting by in the left lane right now. in those eastbound lanes, four-mile back up because of this tractor-trailer fire. let's take a look at the math here. you can see howh delayed tgs are right now. what you're going to want to do is te 40 instead as your alternate, even if youine lesoon. that one lane still going to take a long time to catch up. connecticut avenue at veirs mill road. a crash on the left side of the screen. we have part of the intersection blocked now. silver spring before university boulevard, left side is blocked by an accident. re

money get crunched and by the way if you want to see that destruction look at stocks of 3m and dow duponte former parent of dow chemical people are now giving up on this one because it's simply been too costly to game the players who are trying to game the auto cycle. here's the bottom line timing isn't easy. if you wait for a particular cycle to turn you'll be too late by the time there's clear evidence you've already missed the move but on the other hand, if you try to move too early, and the cycle doesn't turn, you can end up getting annihilated that's why you need to be very careful before you try to anticipate a turn, but if you get it right the rewards are so bountiful that it's almost worth trying just be sure there is a cycle to be had before you pull the trigger. robert in florida, robert. >> caller: hey, jim, i want to give you a tampa bay booyah. >> really? okay i'll take that booyah any day of the week what's going on? >> caller: i'm calling to ask about crown tassel and the 5g push that they're moving into right now. what do you think? do you like this price >> this is one, o

presidents of bt, shell, dupont and ford teamed up with environmental groups to urge president trumpo act swiftly on climate change. i will say that again, oil companies are calling on the trump administration to take action on climate change. that meeting prompted "the washington post" editorial board to ask republicans to, quote, wake up. without action from the federal government, responsibility is falling on local communities, communities like baton rouge, louisiana, where thousands of homes were destroyed in that massive 2016 flood. and on the next generation, and climate activists like 16-year-old greta tomburg, featured on this cover of "time" magazine, her sellolo protest outside the swedish parliament turned into a worldwide campaign, with people in 133 countries joining her strike. the man behind that cover story joins me now and mayor sharon weston broome is back with me. mayor, climate change isn't a term we often hear locally but it is a major focus for your city. you were displaced when the floods came. >> absolutely. 2016 we had a 1,000 year flood that impacts thousand

dow laggards, those most heavily with exposure to china, nike in the mix, apple, dow dupont. surprised it closed up in the green. apple was on there before because its exposure 20% of its revenue is exposed to china. you're seeing a little change with 3m on the board. nonetheless china's economy is slowing. they definitely want the trade deal to go through. markets what a swing day. ashley: we're looking to see who get as on the chinese plane i guess. kristina, thank you very much. melissa: here to talk adam lashinsky, fortune executive editor, fox business contradict tore and mitch rochelle, cwc partner. thanks to you both for joining us. adam, do you think the rebound is folks think at the end a deal is going to get done? >> i suppose. i was listening, only thing i could hear was the comment from the chinese foreign ministry that they are in fact going to come. it's a fairly sad day when our market can do gown and up hundreds of points based on whether or not a chinese trade delegation is going to get on an airplane. that is because we have a president who shows about the s

so very, very important to dupont. >> sullivan: it seemed like business as usual.o you think the trade war will do? >> that's another thing you really just have to rry about, because today i met myriads of chinese businesspeople... >> sullivan: okay. >> ...men and women, that look .ou in the eye, and they want to do business with y >> sullivan: they do. >> and you're going to find a way. >> sullivan: it s hard to gauge if trump's tariffs were having any impact here. as i traveled around the country... nihao. >> nao. >> sullivan: hello. some chinese businesses told me they'd been hurt a bit, and others not much at a when it came to the trade war, en the government was downplaying it. one of china's top trade ci ofs agreed to talk to me. >> sullivan: why do you think the u.s. and china are in a trade dispute right now? >> i think we may have different perceptions. we think that the pacific ocean as, in president xi's words, "big enough to accommodate the two economies." we do not want to have a war, even a tde war, with any country in the world.we ano not have the se

we were there in the crowd in the gold ballroom in the hotel dupont and i walked up and shook her handngratulations. s s >> you sought her out. you said she was so striking you were drawn to her. >> that's why i walked up to her to say congratulations. >> you must take that with you and have taken that with you when you started to date him and get to know his sons. >> well, she gave me such a gift. i got her three boys and so i always felt during our marriage that i needed to honor her, to honor her memory. >> you write about beau's death. you say you still don't have words to express your despair which is understandable. you write i'm shattered. i feel like a piece of china that's been glued back again. the cracks are there. >> they're there. you have a son. you probably when you probably read that part in my book, i'm sure you just sought to yourself i can't imagine it. i don't think any parent can imagine it. they can't even put their head in that space. you know, it's not something you get over. i don't think any mother who has lost a child is ever the same. >> let's talk about run

big movers, apple, boeing, goldman sachs, dupont, home depot responsible for half the dow's losses.hat is it about? china, china. what you have been talking about since you started the show. the idea we may not get a china trade deal in short order, if ever. there is the speculation i'm hearing, what if the worst of all worlds, hike in tariff 25% on china goods coming into the u.s. and no trade deal? that is the kind of talk on the floor of the exchange as people try to figure out what to do next. you should know s&p 500 sectors not one is positive. tech is down 2.58%. industrials down 2.4%. health care down 2.15%. all of this coming in negative. i want to share with you what is going on with boeing. because it is leading the dow lower here. barclays, downgraded the stock to equal weight from overweight. cut the price target. they're saying that a new survey of flyers they will avoid 737 max planes for an extended period of time. lots going on down here. not a lot of positive sentiment though. back to you. charles: gerry, thank you very much. certainly the bears are winning today wi

i am really faced with an amazing conclusion dow and dupont should never have merged they would have made a lot more money for shareholders had they stayed separate. [ booing ] but the rest of the market is encouraging. a little hatred is a good thing. a little hatred is what makes stocks going higher. when everything is loved, that's when you have to worry the health care stocks got spanked. i told you this group had more downside but would eventually bottom we're not there. and the beloved square got hit, down 8%. people wanted a jean win beat and this pullback, i find it encouraging. but the bottom line, you don't make big money in ipos like this beyond meat deal at the start of a major move you tend to get this kind of action at the end. and i don't want anyone to get hurt here. that's why i think you should do some trimming and raise some cash, as we told members of the action alerts club to do you can put to it work if the market gets hit. i'm pretty sanguine about the market longer term but the disciplined thing to do right now is to raise a little cash, prepare for a pullback

the top percentage gainers on the dow, they're all trade related dow dupont, caterpillar, intel, applewhat a ride apple has been on. it's a 15% swing from the high to the low in the last three weeks. a whole year of trading in three weeks. the big issue for the markets is this is this huawei order banning u.s. businesses from doing business with them final or is it negotiable as part of a larger u.s. china trade deal if it's final, would the chinese be so incensed that it might kill a trade deal? remember, huawei is practically the apple of china it's that important. for the moment the expectation of a trump xi meeting in june is keeping the markets up kelly, back to you. >> that you're always talking about. >>> as investors weigh the effects of a trade war, the retail sector could be one place consumers feel the pain. tariffs could cost retailers $40 billion worth of sales and put 12,000 u.s. stores at risk of closure joining me now are jay sole the retail analyst with ubs and our own courtney reagan. great to have you both here. jay i'll begin with you. how many store closures would