joe: i'm joe weisenthal. caroline: modest gains for the u.s. aiming onto the record high as does the nasdaq. joe: the question is what did you miss? caroline: the ball is in canada's court. canada is looking into the terms of the trade deal. >> a silver lining in trade tensions. maybe a good thing for the economy. we talked to the pimco cio in the next hour. and president trump accusing google playing dirty. saying the company mixed search results to get preference to the stories about him. did you miss? a canadian minister of foreign affairs is in washington making to keep canada and the rebound and remained north american trade agreement. after they closed a rudimentary take on the host for the united states to the north. >> we are as canada consider joining in the agreement already reached with mexico. basic asset we have to let remains to be seen is how close the canadian attitude is. >> let's welcome school policy studies professor from ontario, mr. wolf, thank you for joining us here at have you got much optimism about canada being led in

joe: and i'm joe weisenthal.f you're tuning in live from twitter, welcome to the closing bell coverage everyday from 4 p.m. to 5 p.m. eastern. >> let's begin with market minutes. part by retailin earnings. notably, from walmart. with the dow, he will look at the gain of almost 400 points. a comeback from yesterday. looking at the equity markets overall, technology is the laggard with the nasdaq up 4/10 of 1%. board, have all 11 industry groups in the s&p 500 finishing in the green. joe: pretty extraordinary. -- a couple of big names are driving it, but it is all up today. scarlet: the doubt -- the dow gained as much as 4400 points. let's look at walmart. it provided a stark reminder that even though amazon had its prime day and is pushing into the food business, walmart is firing on all cylinders when it comes to grocery sales and overall sales. best overall growth in the grocery category and nine years. you can see walmart finishing up 9.3% on the day. on the other end of the spectrum, jcpenney is trading below

joe: i'm joe weisenthal scarlet: . 30 minutes from the close of trading. you are looking at gains for the u.s. market, heading for the sixth straight week of gains. scarlet: what you miss? lisa: the rebound not lasting. president trump lashing out at an appeals court refusing to release american pastor. the tug-of-war between transparent and the regulation. president trump looking into reporting requirements for publicly traded companies. the sec says it is continuing to consider the requirements. an elon musk's tweets saga takes another turn. he says no one reviewed his on hisnd got candid views of sleep medication. we have some breaking news on trade. the u.s. said to be dropping its demands on mexico farm exports. the u.s. and mexico have narrow differences on nafta farm trade as well. you look at the mexican peso it is strengthening to session highs. the u.s. dollar falling in value. per dollar. this laden's credence to the idea of the president would rather strike a bilateral deal as opposed to a nafta deal. joe: if it is going to be nafta it can't ju

joe: i'm joe weisenthal. arlet: major indexes in the green with the s&p 500 up for his third straight session. joe: the question is what did you miss? >> a rocky road shows the electric carmaker climbed 14 straight day. it private. the rate hike might be more than what trump bargained for. taking issue with the fact that jay powell is not a chief money fed chairman. plunges deeper into crisis. one of the biggest currency valuations in history, adding to the chaos in the country. what it you miss? funding not secured. at least according to jpmorgan. analyst brinkman publishing a report slashing the price target, causing the shares to spiral to below $300. it comes after the new york times ran a lengthy and emotional interview detailing elon musk's's grueling work schedule and the circumstances surrounding his recently to take tesla private. let's bring in david. walk us through what ryan is saying. he is not convinced a deal is likely to happen. a deal to take the company private. >> that has really been hurtin

romaine: and i'm romaine bostick in for joe weisenthal. we begin with our markets minutes. u.s.cks end on a down note with the dow off by 196 points. the s&p losing 7/10 of 1%. europe andoming from emerging markets, turkey namely. romaine: that really saps the life out of the market this morning. and, for the week. at -- we take a look at couple of the individual movers. one of the biggest gainers in the s&p 500 got a little help from institutional shareholder services pushing back a little on icon. walmart is the biggest mover in the dow. the trading volume was huge. trade here, a stock -- trade desk, a stock that we don't look at the mosque -- look at much. dropbox their suffering a little bit after the coo departed about after four years with the company. let me take a look at the bond picture with equities little lower. is off aboutyield four basis points. the 10 year yield is lower by five basis points. take a look at that. remember earlier this week when we called for the tenure to be at 5%? the memory seems to be fading. that's as the 30 year yield is down for basis point

joe: i am joe weisenthal. >> stocks near's hot death of the session. the nasdaq again at record highs. joke own russian is what did you miss? caroline: canada could be a party of one. insident trump says he was i new trade accord with mexico. elon musk takes a sharp left turn and wants to keep become a public less than three weeks after tweeting that something is to take it private. brazil's markets bracing. gaining in the polls but instead, a return for his party. what did you miss? the united states and mexico have reached a tentative deal to form a trade agreement. canada will join talks tomorrow. the canadian minister says freeland is flying to the p or for more, let's welcome our latin american reporter. we just had headlines talking about how the u.s. and met so's progress is a good thing according to canada. how's it -- how is it a good thing according to mexico? >> mexican negotiating team is ecstatic about the day. in will recall a year ago the process began, a lot of people thought it would be easy for the u.s. and canada to come to a deal an

joe: i'm joe weisenthal. lisa: 30 minutes from the close of trading. major averages in the green. the fifth weekly gain. joe: what'd you miss? scarlet: u.s. labor market chugs along. giving the fed the study pays it needs to stick to its rate hike path. throws term -- turn to back. white house advisor larry kudlow says president will not back off. consumers are about to feel the pinch. why there may be warnings of companies raising races across every industry. the u.s. job engine humming along. workers added at a cooler is that they'll belong -- below the consensus forecast. guest calls it solid momentum to start off. we welcome now lewis alexander, the u.s. chief economist. on the whole it was positive. >> this was a solid report. the backward revisions made up for the fact the front month was week. saw probablye overstates the momentum in the economy. joe: what did it tell you about how close we are to full employment? of course massive debate about whether the unemployment rate is understating the slack we have. trend did see a positive in female participation. that has kept the

joe: and i'm remain -- romaine: and i'm romaine bostick in for joe weisenthal. scarlet: let's begin with market minutes. we took a late dip for the final 15 minutes of the session. it's not like the indexes were moving to begin with a whole lot. they moved definitively into the red. the nasdaq with a time being does look to secure its eight straight day of gains which is the longest winning streak since october. dow lost about 74 points and the s&p 500 is losing 1/10 of 1%. minutes ofthe final trading, it was energy, industrials, and financials. romaine: romaine: let's look at the small caps -- romaine: let's look at the small caps. we want to look at some of the individual stocks. centurylink was the biggest gainer today in the s&p 500. a lot of optimism off of the earnings. we have has like giving back about 5% from that buyout. there's a lot of euphoria fading there. then, roku. it is showing it can go toe to toe with apple and google's of the world. then, yelp is having a monster day. best percentage gain for the stock since 2012. they made a big able by goi

romaine: i'm romaine bostick and for joe weisenthal. to the closing bell coverage from 4 p.m. to 5 p.m. eastern if you are on twitter. taking a look at the market minutes, some of the assets we are watching here, we have the dow down 2/10 of 1%. the s&p is all the way unchanged almost. it moved to one hundredths of an inch. nasdaq is holding onto gains of six 100's of a percent. all major averages are not moving much. we're taking a look across assets, the 10 year yield is not moving much as well. 2.97%. the dollar is also little changed. prices, is that right for oil prices? scarlet: no. oil fell by quite a bit. julie: if you look at the bloomberg, it is down 3.4%. i don't know a few guys want to take my bloomberg year. oil prices are taking a tumble after we had earlier inventory reports. that is having an effect on oil prices and that is coming out right around here on the session. a catalyst for the decline there. we have breaking news right now. scarlet: pretty sick century fox coming out with its fiscal fourth quarter. adjusted earnings for sure -- per share is better th

joe: and i'm joe weisenthal. welcome to the closing bell coverage every weekday from 4 p.m.p.m. eastern. let's begin with market minutes. another day of losses for the s&p 500 albeit in light trading because it is the middle of august, late august. the dow lost 70 six points, s&p 500 by almost five points, and the nasdaq is the best performer down 1/10 of 1%. technology shares were the only group to finishing green. joe, to what extent do you think this is weak economic data or not a lot of participation? bothit's maybe a little of and maybe a little nobody cares. scarlet: everybody cares about the jay powell speak -- speech. .re-jay powell alibaba bring in more revenue from other areas. investors responded positively initially. 3%,stock is closing down perhaps broader trade concerns are a factor. , victoria's secret owner, declining more than 13%. they cut their profit forecast and said the head of the peak -- pink brand will retire. rosenblatt raised their price sayingto $30 per share there is renewed conviction that there is multi-year double-digit growth. honeywell is cl

joe: and i am joe weisenthal.u are tuning in on twitter, we want to welcome you to our closing bell coverage every weekday from 4:00 to 5:00 eastern. scarlet: we begin with market minutes. it is a monday. there was the specter of turkey that hung over global markets and it continues into the u.s. as well. 9-11 industry groups in the s&p 500 lower. indices tried to mount a recovery in the afternoon. we are closing around the lows of the session. joe: not a horrible day, not a crisis, but not that great. scarlet: extending the weekly decline last week. let's highlight individual names. nielsen rallying 12%, the biggest gain ever. by a triggered the biggest stock rally since the company went public. twitter rose as much as 3.9%. tweet heid in a recommends a long position. he says the stock will hit $52 in 52 weeks. lisa and i were talking to him earlier in the program. he was saying because it is relevant, the dollars will follow. citigroup closing down 1.6%. the bank is restructuring the consumer banking operation.

scarlet: joe weisenthal is off for the day. live, from 4:00 to 5:00 eastern.begin with market minutes. the speech by jay powell occurred. stocks hit a record high. the dollar declined. coming from beijing to one of the central banks, it is interesting. scarlet: that is ait is low-vole august. you the three major indexes making new highs. outside moves there as well. foot locker sinking and falling as much as 14%. concerns about cost pressuring profitability and outlook. a lot of doubts perhaps that the locker can execute on its full-year outlook. jeffrey says the guidance is still achievable. it remains in reach because they see momentum building in the heat" buildsas " around 90 products. perhaps -- nike products. several analysts are raising their price targets on renewed optimism over the transition to the cloud-based subscription model, the recurring revenue. shares increased 14%. we're also paying attention to gap. after the market closed, the at theore sells fell 5% gap stores themselves. overall sales did better than expected, but the mainline brand of

joe: and i'm joe weisenthal. welcome to the closing bell coverage every weekday from 4 p.m.m. eastern. we begin with market minutes and kick it off with stocks which we saw mixed on the session. technology helping lead the is up 3%.up -- nasdaq health-care stocks are also doing better. energy, industrials, and consumer staples are dragging down the major averages to some extent. tech stands out in part because of apple. apple, as we talked about yesterday, coming out with earnings that beat metrics and in particular coming out with a forecast above estimates for the next quarter. they are really hanging onto gains, which is not breaking the trillion dollar market cap marker yet. haynes went down and that is partly because of target not excluding its contract and expiring at the end of january 2020. target is not going to be targeting that. haynes brands were the worst performers with at 19% to drop. late-breaking this afternoon is that carl icahn has taken a stake in cigna. it looks like that expressed are coming out slightly ahead of estimates at $2.22. estimate was for $2.

. >> i'm in for joe weisenthal. >> 30 minute's from the u.s.. >> the question is what did you miss?> shares of tesla, stock halted after elon musk tweeted he is considering tweet -- taking the , plus, a final decision has not yet been made. trouble remains over turkish assets. their president remains silent as they plummet to record lows. and, merger on the mind for disney investors, the media company set to report currently -- quarterly earnings after the bell. watching for any details of its acquisition of 21st century fox assets. what did you miss? --n musk trolling tesco tesla short centers, teasing the possibility of taking the company private at 400 12 -- $420 per share. he said funding secured. this comes after a report from the new york times at the sovereign fund has a massive stake worth as much as $2.9 billion. that report sent shares soaring before they were halted about one hour and a half ago. with more insight now is the equity research analyst for u.s. and european autos at jefferies who joins us now by phone from london. i just wanted to take you through the blog po

joe: and i'm joe weisenthal.u are live on twitter, locum to the closing bell coverage every weekday from 4 p.m. to 5 p.m. eastern. belllcome to the closing coverage every weekday from 4 p.m. to 5 p.m. eastern. scarlet: we're looking at this split which has become increasingly common between the dow and nasdaq. the nasdaq is the out performer and the dow is flat on the day. we julie: saw some of the industrial stocks weigh on that index. apple got attention as the market cap swelled to $1 trillion. that stock rose above 206.04. to mark earlier about the milestone for apple and how it shows how important and how successful apple has been in the quest to change our lives. scarlet: and it is cool to have before, is now. julie: scarlet is all about the four, club -- four comma club. the worstr is performer in the s&p 500 with 11% decline after the company came out with numbers in it's not hotels business. it looks like it missed estimates to some extent. expectations had been riding high into those numbers as well. nu

joe: and i'm joe weisenthal.u're tuning in live from twitter, welcome to the closing bell coverage everyday from 4 p.m. to 5 p.m. eastern. scarlet: we begin with martin minutes. the s&p 500 ended the losing streak finishing up by two thirds of 1% beginning -- 1% gaining. earning season began for retail companies and financials also gaining and materials -- in materials -- and materials as well. joe: lots of green on the board today. scarlet: let's get to some individual movers here. we are keeping our eye on those retail names. certainly as they get into seemsg seasons, tapestry to be getting shoppers back on board with its recovering catesby brand. sales are beating analyst estimates and shares rose as much as 12% here closing your size of the session. match group is falling about 3%, founders, early employees of tender, which is owned by mat ch. some of the people suing them include the cofounder and former machinecofounder just a -- justin machin. shares of, quite a bit in early trading. the company is the wor

joe: and i'm joe weisenthal. welcome to the closing bell coverage every weekday from four to 5 p.m.u.s. stocks are falling and have been down all day, but they are coming off of their lows. we thought it was going to be a steep decline judging from the reaction from tencent and its first profit drop ever. right? joe: at least in 10 years. scarlet: ok. that automatically meant red arrows for the global tech names particularly facebook, netflix, a lot of those heavily owned tech names. yes, the nasdaq is down to the calls for lows. coinstar with constellation brands boosting its stake in chemical -- canopy growth. 6% and canopy the growth -- canopy growth is getting a bit. this is a marijuana company and new york listed shares. tesla remains on our radar because the sec, according to reports, sent a subpoena to the company regarding plans to take it private and its claim that funding was secured for the deal. the drop in the stock was as much as 4.5%. we came off the lows foretells a which closed almost off by nine dollars. the price he wanted to take it private with was four dollars

. >> i'm in for joe weisenthal. >> stocks rising for a third session, the s&p 500 at its height levelince january. >> but the question is what to do you miss? jamie dimon is raining -- ringing the alarm even louder. the chief executive warns investors to prepare for treasury yields above 5%, going one step further than his previous call for a 4% yield. ingenuity, losing -- stepping down a ceo after 12 years at the helm, setting the ranks of female ceos in the u.s. saudi arabia gets tough. trade and investment with canada, making his this -- it is the second that saudi arabia has cut ties with in less than a year. and, jamie dimon ceo of jpmorgan, making it bold call on yields. he says he thinks rates should be 4% today and you better be prepared to raise 5% or higher, a higher probability than people think. the partte a column on of the yield. he joins us now. brian, break it down for us. let alone even at 3% 4% and we are already talking about 5%. >> it seems like a market is obsessed with round numbers. it was curious that jamie dimon made this call. theas after we made 3% for -- si

joe: and i'm joe weisenthal. welcome to the closing bell coverage every weekday from four to 5 p.m.. scarlet: let's begin with market minutes. the s&p 500 is not quite getting it done so the five-day winning streak comes to an end. at least after the close. the dow losing 87 points as well. the drop we saw in futures after various headlines on paul manafort and michael cohen had some of an effect today. joe: really mild. scarlet: really mild. in the fed is moving on with its plan no problem. tech shares as a group is rising one half of 1%. we are at the tail end of earning season. one company is now forecasting yearly cash flows with operations of about 7 billion and about 1.2 billion. this comes in better than what guidance had for the company. as for target, it was trading at a record high. 85.95 at the close. target is keeping pace with walmart by posting its best comparable sales and 13 years. pierce storage, which i thought was a storage company but is a computer hard where in storage company, had the best day think to higher profits and sales. down outfitters are despite secon

joe: i am joe weisenthal. caroline: and i'm caroline hyde. with our market in just a moment. joe: you can watch our stream on twitter. caroline: let's get to the market minutes now because it has been a volatile day to say the least. stocks are remaining pretty resilient in the face of these headline risks. the dow jones is off by 1/10 of 1%. attack is still continuing to offset some of the lows. nasdaq got a record high again. the russell 2000, it seems domestic waiting is outperforming -- weighting is outperforming. joe: let's take a look at government bonds looking at the two-year and tenure. a little steepening today. .wo-year is down to 2.63% there's a lot of concerns about the flattening curve. more selling in e.m. sovereign debt, the biggest he story for the week and one of the key things people watch when they get back after the long weekend. the brazilian tenure is up another set of basis points. caroline: contagion seems to be the watchword when it comes to the emerging markets. many feel it's time to find distinctions, but at the mo

joe: i'm joe weisenthal. caroline: 30 minutes from the trade. stocks all below. what did you miss?aroline: under pressure. tariffs on $200 billion in chinese imports. meanwhile, canada is still waiting in the wings. the deadline for canada to join the trade agreement between the u.s. and mexico tomorrow. caroline: argentina's emergency measure failed. worsening the peso. the biggest hit in the trade war yet. president trump wants to move ahead with a plan to impose an additional round of terrorists on $200 billion in chinese imports. the news that the s&p 500 to the lowest levels on the day. let's bring in sean. you helped break this story. remind us why next week might be that the day for when we get the tariffs announced. >> we have been building to this all summer. donald trump has made no secret that he wants to raise the pressure on beijing and that he thinks only when he gets maximum pressure will he get the deal he wants out of the chinese. the big deadline next week is the expiry of september 6 of od on thisment peri list of products where $200 billion in annual trade that

joe: and i'm joe weisenthal. welcome to our closing bell coverage.: we begin with the market minutes. the s&p 500 made an all-time high during the session today did not hold that high. it has closed about a 51%. joe: but it still counts -- a fifth of 1%. joe: but it still counts. scarlet: it still counts. defensive sectors and others are finishing in the red. stocks likey retailers, homebuilders, automakers, finishing is the best performers a by 9/10 of 1%. let's get to some individual movers. we will start with consumer imes because t.j. maxx, should say the parent company, that comparable sales three times more than what analysts had been looking for which boosted the shares. the biggest u.s. luxury homebuilder reported revenue and backlog. coty, the cosmetics company saw a 3.4% decline in consumer trucker because of the strike in brazil and supply chain disruption. the stock closed by better than 7% off. jpmorgan is rolling out the new platform that includes free research and trading to retail customers. that put pressure on the likes of e*trade a