mark: julie, thank you. from wall street to washington, a possible government shutdown is looming and a race for a new house speaker begins. the 2016 presidential candidates are laying other economic agendas. investors are waiting for the friday report. joining me to discuss all that, governor jack markell, a democrat from delaware who is in new york this week for an event hosted by the china chamber of commerce and the bank of china. thank you for your time today. bilateral agreements, bilateral trade is up -- important to you and your state. is the economic slowdown that we are seeing in china, is that throwing a wrench into any of that? jack: i think china has been a great economic engine. it has slowed down from a very high rate. promotem here for is to exports on behalf of delaware companies and to look to direct foreign investment. we brought 22 delaware businesses up for a matchmaking session with chinese businesses. today, we are hosting several chinese businesses in delaware so that they can find ea

let's go right to julie hyman.t's take a look, we are hanging onto gains, although we have -- after yesterday's big selloff. you would think there would be more of a conviction rally, but it doesn't seem to be the case. i want to bring in kevin kelly right now, he is the chief investment capital officer there. we are happy to have kevin back. he was at oktoberfest in germany. in the a picture of him swiss alps with a friend he made there. >> they are really gentle. [laughter] german markets are doing really well. julie: back to reality here in the u.s.. looking at the options trading today, we are not looking at a lot of conviction. kevin: you are seeing three times the amount of puts being traded against call, so everyone is putting on more insurance through this earnings season, because we don't know what companies are going to go out. setting their budgets, so they are going to temper some expectations. we are also seeing the volatility, it hasn't closed below 105 over the last month, the average is around 85. i

we had just hung that first piece of steel of that back in july. now we've progressed several bays and into the light column area, at the light call em. here's some shots of the light column going up the last couple months starting with the base on the train platform level and on up through the roof deck and up to its full height and that's what it looks like now, now that it's in place completely from an aerial view. again in the eastern zone, shots of the third lift wall getting prepared there, rebracing being done, foerlgt liflt wall under fremont street and that sort of progress we will see in the next couple months as we finish up that fourth lift wall concrete as welcoming up. on the bus ramp, lots of false work in place. you can see the entire route so howard street has been fully decked and crossed with false work to support the construction of the cable stay bridge and further areas up all the way to 80 in the bay bridge off ramp area, just some shots of the work going up, the abuttments up at harrison street, the false work over howard st

julie coleman it has -- julie :. it is part a rally in the u.s.. onto gains and broad-based rally. we're looking around for movers. on the bloomberg terminal, there is a bloomberg social media monitor. just to point out a couple of movers, a netflix -- netflix is one that is rising. microsoft, fitbit. let's move through eight few to show you the mentioned -- let's move the review to show you the mentions on social media. in terms of what is going on with the media companies -- microsoft, they are expanding service to include purchases on amazon.com and microsoft. you can see that these are on the rise together as we continue to see the media partnerships, content partnerships in particular, a new way for them to get content out there. disney has had a pullback on concerns over the old versus new media models. disney is getting its content new were media models. investors are viewing that as a positive move. it is another one that you saw on the social media monitor. the stock is rising to over weight saying that it is holding its own against the ap

our fire chief i want to especially thank her and her staff makes sure we're stave during the 4th of july weekend and we were but we're also working outside find chinatown to prepare young people and seniors and their families to make sure they have all the training and preparation we must do this on occasion every if one or years people move out and forgot we have better technology to help us and better practices as we learn i want to thank everybody that joins us to make sure that everybody is safer and make sure we don't have the devastation but people that are well prepared school sites, parks, recreation centers, sro's our senior housing complexed our family housing collections and nonprofits all engaged in a very good ongoing dialog to support each other that's why we will be a city that will survive the major earthquake. >> (speaking foreign language.) >> so let me now introduce someone that is a fanatic and already shown herself to be a great supervisor not only working on this but helping to create a lot of senior housing we'll, make those announcement in the short weeks to creat

did you know that initially julie turned down the "big brother" gig? >> why didn't you want it? by -- non-profits ghi and hip, now called emblemhealth, have been connecting my family with a world class network of doctors for over 50 years. who's caring for you? >>> doesn't matter how ordinary you think you are. tite, at w.t m fs teettv phe arngt 9. ant pl g $0 ckita oye aeent tt0w!tx#ho!!%4@-b34 tt0w!tx#ho!!el@-h4x tt0w!tx#ho!!ed@-n6< tt0w!tx#ho%!)8h-.h@ tt0w!tx#ho%!kzh-3'< tt0w!tx#ho%!n-h-fn0 tt0w!tx#ho%!0ph-x)( tt0w!tx#ho%!s"h-h[h >>> the new season of "survivor" premieres tonight on cbs followed by "big brother." hosts julie chen and jeff probst join us and i take them back 15 years to when both their shows made their debut. >> the guests nominate two of their own to leave the house. then it's up to you the audience. >> hard to imagine that just four hours ago this group met for first time in a small fishing village on the coast of borneo. >> the first time ever on your show. >> th awesome. >> "big brother" and "surv i look and go, wow, that was a long time ago. "survivor" wa

. >> julie banderas is up next. we'll be laughing at the joke off of the air. >>> gun men or gunman targeting the arizona highway is still on the loose. police say the person in custody is not their prime suspect. this is the fox report. the person in custody was bragging about being involved in a rash of shootings and they are working to it so if he was at the scene of previous incidents. someone targeted at least 11 vehicles in the past two weeks. most on i- ten and i- 17 in phoenix and investigators are saying they are treating the shootings as domestic terrorism and say the shooter or shooters may be out there. >> citizens of arizona should understand that the state police and the other agencies that are working this are making sure everybody stays safe. so whether or not this situation releases that, that we can't say. but keep the tips coming in and making sure you are vigilant. >> officials say they are are working through an enormous number of tips and false alarms and many commuters are avoiding the highway

julie: that's a big, however.d the reversal and features that had been climbing and we had a big swing downward. looks like that downward momentum is intact as the regular session does begin. only barely asked all three majors are down, less than .1 of 1%. we will see what happens as the session progresses. next commodity trading. oil is higher, so we will see if that is enough to support the markets as energy stocks are on the rise. in terms of individual stocks, a deal in the logistics industry. xpo logistics a going to buy conway for $3 billion, all-cash deal. isway rising to 47.31, 47.60 the agreed upon price. operated, lessl than truckload and get shipments from different manufacturers, providers, goods to put in its tracks to create one single truck load. xp oh has been rolling of various other types of logistic companies. we are looking at cyber security as palo alto networks comes to earnings that topped analyst estimates and came out with the forecast of the estimates. shares are higher and had been pulli

1943 corresponds with the 30 july 1943 reconfiguring of forces. that is the creation of the coastal group of forces in the far eastern front directly proportiona proportionate. this will become a front in its own right in the surgical of 1945, very late in the gale. at this time, they add two more armies to the far east. and a new air army to support the coastal army drill. as we go to the bottom, we see there is an increase in the number of commissions designed in the quote/unquote defensive plan for the far eastern area. look at your force strength and divisional equivalent. i might say when the soviets discuss adequacy or efficiency in manchuria, they maintain they must maintain at least 35 to 40 divisional equivalents for a credible defense and they must double that if, in fact, they're going to create an offensive capability. divisional equivalents, at the the allied dedication is in moscow talking about what they can generation in terms of offensive forces in '44, the equivalency has risen to 78. it will rise to 80 by january '45 and before

julie. julie: i loveb marks enthusiasm over beer. the fed news can compete with that tomorrow. much changed to major averages because everyone is waiting for the fed. what will it do? we have a sort of handicapping with the fed. fed funds futures market, take a look at my bloomberg terminal because we calculate this is the implied probability in the futures market. i know this a very busy screen, but the important number is right here -- 28%, the current probability that teachers traders -- futures traders are pricing into a market that we will see an interest rate increase tomorrow. then he goes to 42% of the october meeting and 62% of the december meeting carried this december, in has risen a little bit but it was 30% earlier, so it has come down a little bit from the levels. goldman sachs saying the market is vulnerable. same of market is honorable because really -- saying the market is possible because we don't know if the fed will do. we are seeing oil prices rise after inventories drawn down, that reported by api, american petroleum institute and the u.s. government today

i want to go to senior markets corresponded julie hyman. julie: thank you. coming up better than estimated gain in new home sales 552,000.ual pace of the prior july rate was at 522,000 to 570 -- and do recall that new home sales are a minority of the markets, existing home sales or previously home owned sales, however you want to put it, are the largest part in the market. new home sales can be a leading indicator and they can indicate or broadly how the construction market is doing. matt: thank you very much. .reaking news on new home sales we watched pope francis walk toward the front of this joint session of congress to make this historic speech. phil is standing by in washington. as i was trying to point out, the pope does not mean to be political but he does make statements that seem very politically loaded. phil: -- matt: i'm not sure phil can hear me. we are having technical difficulties with phil in washington. maybe the applause of congress is too loud for him to hear. i microphone -- but you can see pope francis is 78 years old and he has been in t

julie: welcome to bloomberg "market day."ive you insight into the issues the two will discuss. a glimpse into my special "china: behind the wall." brendan: housing numbers are outcome of it could be better. betty: as carly fiorina rises in the polls, voters want to know more about her time at hp. it is perhaps her one achilles' heel. we take a look at her record. brendan: on brendan greeley. betty liu. 90 minutes into the trading session. let's look at how stocks are trading. we are near highs. disappointing existing home sales numbers. s&p up by 1%.

did you know that initially julie turned down the "big brother" gig? >> why didn't you want it?>>> closed captioning provided by -- >>> the new season of "survivor" premieres tonight on cbs followed by "big brother." hosts julie chen and jeff probst join us and i take them back 15 years to when both their shows made their debut. >> the guests nominate two of their own to leave the house. then it's up to you the audience. >> hard to imagine that just four hours ago this group met for first time in a small fishing village on the coast of borneo. >> the first time ever on your show. >> th awesome. >> "big brother" and "surv i look and go, wow, that was a long time ago. "survivor" was an immediate hit but both "big brother" and julie were attacked by critics. >> they love to hate "big brother" in the first season. they really did. there's still a fair share of people out there who love to hate the chen-bot, and i embrace that. >> julie did have one fan, cbs president and ceo leslie moonves. >> i was like the first official marriage to come out of "big brother." i probably never woul

whereas on july 14, 2015, president obama stated, this deal is not built on trust. it is built on verification. whereas it is impossible for the president, congress and the american people to consider and determine whether to support or oppose an iran nuclear agreement without reviewing key inspection and verification details contained in the text of the two side agreements between the iaea and iran. whereas the determination by the parliamentarian by the house of representatives, acting as an officer of the house and that the president -- that the president has transmitted to congress the agreement and related materials as required by law. and therefore to become counting the lapsing of the congressional review period beginning july 20, 2015, deprives the house collectively and members of the house individually in their representative capacities of the right to review the nuclear deal with iran. and whereas the congressional record for the legislative day july 27, 2015, is incorrect, listing the under the heading executive communications the following entry -- a le

let's go to julie hyman. julie says we are at the top of the hour. turned positive on the day. we are seeing him being led higher by the donald's, united health, and ibm. others are lower, but not by much. here is a trader at alpha shark trading from the cboe in chicago. after all of the dramatic moves, this week we have been muddling along. will we have more of a drifting environment, or is everything going to change with the fed next week? >> everything could change after the fed meeting next week. would we have been seeing over the past weeks and months is alternating up and down weeks in the s&p. that is a choppy environment that is difficult for some traders to take advantage of. someone like me with a short holding. can buy low and sell high and be nimble. some people at data tough time. two weeks trading at a 100 point range with no conviction one way or the other. big and institutional traders are sitting on their hands until we get through the catalyst event of the fed meeting. have any positions on what you think the fed will do? generally

final details worked out aboard the uss augusta on the way to tsdam july 7-14. although truman took a large entourage, he and burns excluded every single one of their advisors except for admiral leahy and three state department officials. specialist, the director of european affairs, and their top draftsman. they were all excluded and would travel separately to the conference. sdam was going to be a high-stakes poker game. truman had two aces in the hole to play against stalin. not only did he have the power to bring the war to an earlier end at least one atomic bomb, but he had the indoor -- emperor's willingness to end the war. indicated the japanese were playing a risky and dangerous game. they had adopted the basic strategy for conducting the war. their plan was to fight a one-front war against the united states, attempt to administer a decisive defeat in repulsing the invasion, and sue for peace on favorable terms for a soviet mediation. the emperor's, instincts remained but a military triumph must precede any diplomatic maneuver. the japanese were gambling

the test was initially scheduled for july 4th.he activity at the test site increased despite things like snakes, scorpions, heat and dust. herds of antelope and range beef started to disappear, showing up on the menu. hunting often took place with the aid of submachine guns. on april 12th, 1945, president franklin roosevelt died. flags across the country and around the world flew at half-staff. including the flag at the test site named trinity by oppenheimer. sworn in to take up leadership of the country was then vice president harry truman. less than a month later on may 8th, the war in europe, which had been raging since 1939 ended with the surrender of german forces. race to beat hitler building an atom bomb was an end. as worried as they were about the development of a nuclear bomb, there had been no intelligence to figure out the extent of the progress during the war. but as the allies advanced into germany, a team of paramilitary operatives working for general groves searched for evidence. among their finds, germany did not

over june and july, and july, edition of 44,000 jobs from 231,000 245,000.n june, that's plus 14,000. july, 215,000 to 245,000. that's plus 30,000. labor force participation rate staying steady at 62.6 for the third consecutive month. i want to take you back to the employment rate, the lowest it's been since march 2008. industries are industry right now, mining down 17,000 jobs compared to last 12000 and july. health care was a positive note, up 41,000. financial activities of 19,000. professional and business services up 33,000. manufacturing the 17,000 down. mining was 9000 down. when hundred 73,000, short of what was expected by the median average of economists. 5'1" percent on the employment rate. that's the lowest since march 2008. .2% from what was last month. erik: the headline number is 173,000 jobs added in the month of august. on the basis of that alone, you might be tempted to call this a disappointing report. as phil mattingly explained, there are other things going on like slightly better-than-expected wage growth. force or less flat labor parti

julie: very perceptive of you. . wish i was in a tesla we are seeing this rally today on a bounce back from the session losses that preceded it. interesting action in oil. fueling gains in energy stocks today. the best performing group in the s&p 500 come up nearly 2%. oil prices fell after the inventories report and rebounded. net rebound coming at the end of a dismal quarter. the best-performing group today is the worst-performing group for the quarter. 18%, the worst on the quarter. , evense, utility stocks though they are up nearly 1%, that is the smallest gain of the 10 sectors in the s&p 500. utilities are the best-performing. we have had a bit of a switch here. groupies are the single that have actually risen on the quarter as we have seen rates pulled back. we tend to have a decent amount of debt for infrastructure, they tend to do better when we see lower rates. those lower rates have benefited these stocks. scarlet: thank you so much. the latest of the hour is the u.s. senate has voted on a short-term spend

. >> thank you where's historically the seniors had the opportunity to take the k c in july to have but opportunity to pass into sections of the k c and secure employment opportunities after high school and whereas the senate bill proposes the superstition of k c during 2016-2017 and 2018, 2019 pass it as a company of high school due to this k c it maybe suspend in the 2015-2016 consulate year the state department superintendant tom exercised discrepancy to cancel the k c and . >> whereas superintendant slags cancelation of the july cancelation left seniors without an additional opportunity to pass into sections of the k c as a result of the states decision to cancel the k c in july some seniors in the san francisco unified school district have been impacted although they've admission to post secondary schools their admission will be revoked because they haven't earned a high school diploma. >> whereas the details caused by this cancelation of the july k c modification from final resolution has left the students in limbo and denied access to opportunities that otherwise would have been

julie: they are right next to your body.rtphone, the watch, all of this equipment on your body that has an opportunity to be just as powerful as a smartphone. francine: is it too soon to tell win.s going to we had the unveiling of the smart watch by samsung. still unclear whether it will gain market share. julie: a lot of consumer preference has not been sorted out. we're looking at companies going over the mountain. inre is a lot of experience consumer preference that is being sorted out. francine: content is king. apple hooking up with hollywood. there's a great company in the u.k. working with some of the most important publishers in the world. helping them bring their content to the ipad and the app store on apple. the big problem is they do not know which ones of us are reading. they know that 2 million copies have been sold. they do not know how much of the book that you read. they do not know that i opened the book and did not read it. francine: what space is netflix in? is there anything, you have a big conference fr

[applause] julie mason: thanks, governor. i would add on top of it, that people expect their news for prey. they do not want to pay for it. it is a big problem. in some point today maybe we can talk about what your friend george bush never made it to vermont, the only state in the united date, where he never went. there was a warrant out for him. there was a lot going on with vermont. for me, obviously, the major story with the bush administration is what many of us can agree as the stunning failure of the news media to provide a critical bulwark against the administration's highly effective propaganda campaign to sell the war in iraq. it is wrong to say that no one in the media asked questions the questions were asked, the questions -- answers were terrible. freedom is on the march was a regular insert. the strategy is victory, and the people one. there were a number of factors that we forget in the atmosphere surrounds this time, that must be considered in context and we talk about press coverage of the bush administration.

we said july 1st it is now september 10th so how about september 1st instead of july 1st, 2014, for the combrairth because this is even a year ago you wanted to make it july 1st. >> yeah. >> i feel like this has been out there for a long time it wasn't thought of yesterday it is has been actively in the mta commission. >> it's been discussed nobody knows the numbers i think that i doubt 20 two many people knew this july 1st, 2014, that was coming up cement first, you, maybe make a case there was some thought that's my suggestion on that amendment. >> i mean i'd rather stick with just like first things take to along the initial development application you've done early in the possess process you'll not see those projects for another year or 18 months it is 3 months. >> all right. >> commissioner richards. >> i guess one last to the point of the dated i remember hearing when i as the open think octavia cca that has been out there a long time one last question over time practice changes so i had that question around you know reflects the common practices anything in the current common prac

whereas on july 14, 2015, president obama stated, this deal is not built on trust. it is built on verification. whereas it is impossible for the president, congress and the american people to consider and determine whether to support or oppose an iran nuclear agreement without reviewing key inspection and verification details contained in the text of the two side agreements between the iaea and iran. whereas the determination by the parliamentarian by the house of representatives, acting as an officer of the house and that the president -- that the president has transmitted to congress the agreement and related materials as required by law. and therefore to become counting the lapsing of the congressional review period beginning july 20, 2015, deprives the house collectively and members of the house individually in their representative capacities of the right to review the nuclear deal with iran. and whereas the congressional record for the legislative day july 27, 2015, is incorrect, listing the under the heading executive communications the following entry -- a le

julie, i have to go to you first on this one. make much her declining support among democrats? >> i'm not surprised. people here see the "colbert report" yesterday? i'm sorry, the new show. >> talking about "the late show." let's get straight to that. rob i want weigh in joe biden appeared on "the late show" last night in emotional response whether he is considering a run for the presidency. >> look, i don't think any man or woman should run for precedent unless -- president, unless number one they know exactly why they want to be president, and two, they can look folks out there and say i promise you you have my whole heart, my whole soul and my energy and my passion to do this and, and, i would be lying if i said that i knew i was there. >> rob, your reaction? >> obviously he has gone through an incredible loss recently. he has run for president many times. vice president two terms. knows what it takes to get in there. i really think he is one of the people that speaks his mind. he really says what he thinks, what he believes.

thanks so much, julie hyman.e in the stock target, what about the credit market? can the risk we have seen an energy actually spread to other areas? joe weisenthal helps us break it all down. versus x at energy energy spreads for high yields, saying the correlation happens to be rising, the contagion perhaps is spreading. times this year there have been charts and it will have one line and another line, x energy. the troubles and energy seemed to be bleeding into the rest of the economy, or at least people are getting more nervous everywhere. in addition to energy yield, high-yield energy selling off, we're also seeing that in other high-yield. alix: we're looking at the fourth straight month of losses. that will be the first time in about 20 years. and it's going from energy, it's also going to retail, media, telecom. contagion spreads, what kind of default rates are we going to see? joel: the story of the year is that nothing has been spared. there's almost no area of the market anywhere in credit and currencie

. >> it's just before 8:00am, july 9th... time to find out what this mission is all about. healy's first test of the day... an automatic capture system for a remote controlled aircraft. >> equipment? how confident are we in the machinery we're using, how reliable is it? >> before every operation, a briefing is held to determine risk. everyone involved gets to weigh in. >> i see a three... four. >>the higher the number, the higher the risk. >> i recommend we proceed sir. >> there will be a lot of traffic coming through here and with increased usage there's a higher potential for an incident to occur. >> scot tripp is the chief science officer for this mission. it's his job to oversee research operations aboard the healy. >> we want to increase our capability up here, we want to keep it safe for everybody. >> when it comes to safey during operations like this - orange is definitely the new black. time for me to suit up. today's test flights will be the first of many. drones are a big part of this mission - in the air, on the water, even under the ice. >> what's special about

let's get to julie hyman.riley pointed out, we are's -- as matt rightly pointed out, we are still down on the s&p. the dow earlier was up as much as 330 points. it has pared back to some degree. the nasdaq is positive on the year, but has been bouncing back-and-forth edited in recent weeks. some of the best performers today, particularly in the azerbaijan hundred, tycho energy s&p 500,ularly in the o energy, its biggest one-day about 24%.f 1 -- of the company is waiting in -- wading in at a time that is somewhat tough for other energ ies. going back about 10 years, the acquisition activity in the utility industry -- you can see this is just for the u.s. and there are a number of high-profile rejections this year. most recently, exelon's acquisition of pepco was blocked. we will see what happens with this one. some of the analysts we spoke to have seen the prospects a bit more positive, in part because canadian acquisitions have been a bit more hands-off. in terms of the other top performers, e*trade is one of

pimm: pim betty: i want to bring in julie hyman. julie: let's look at how stocks are trading.k from a couple days of decline. theiraverages coming off highs. joining me is jim, a derivatives strategist at mkm partners. i've got to talk about the fed hangover. is it over? seems like day by day there's a different read on what we heard thursday. jim: i think what people have to keep in mind is we are still in the midst of a shock. edr view coming into the f last week was that equity implied volatility in the u.s. would remain elevated for longer than people expect. the expectation was we had the fed meeting out of the way, spot vix collapses and stocks rip higher. that has not happened. i would say the hangover from the fed is not over. do you think we see a trajectory where things quiet down to some extent and then we start to see the build in volatility into the next fed meeting? jim: that is late october so not really. 20, thevix is below 21st oh, it really gets repulsed and moves higher. the inverse of that is stocks moving lower. we would act more defensively than not. it u

let's check in with the julie hyman at a look. julie: that is correct, the s&p 500 is down by over 8%. an increase in the last day of the quarter with rallies at 1% across the board. we have a relief rally. let's look at the terminal. that thee on the imap broad-based rally is well. the two reels and energy are doing the two worst-performing groups today. we see a plunge in commodities. i want to point out health care is coming in with a 1.5% gain. yesterday we size split. larger stocks were doing well. may break the losing streak today. speaking of commodities, i also want to take a look at gold. .old is lower this morning we had an employment gain of 200,000 private sector jobs. on u.s. payrolls report friday will be an indicator that tracked closely. .old is falling off for the past three months for go -- there we go -- it is the streak for gold. we have not seen a streak of losses is since 1998 and 1999. it has been a good amount of time for volatility. drop inve seen a stocks, we saw a pickup and volatility. today the big bus

-backed rebels in july. in news from afghanistan, the u.s.military is denying reports by afghan officials that an airstrike by u.s.-led coalition forces has killed 11 afghan police in the so-called friendly fire incident in the southern helmand province. meanwhile, unnamed military officials have told the "new york times" that germany and sweden have been working with the u.s. to decide who is targeted by u.s. drone strikes in afghanistan. both countries have denied that they are involved in the so-called kill decisions. one official told the "new york times" that at the coalition headquarters in kabul, officials from the three countries would watch video screen monitors of targets and decide whether to strike by "giving thumbs up or down, like gladiators in a stadium." in an escalation of the ongoing crisis in yemen, qatar is deploying ground forces for the first time, amid increasing airstrikes by the u.s.-backed saudi-led coalition. overnight on monday, airstrikes killed at least nine people in the capital sanaa. meanwhile, the united arab

julie: we're back from the lows in the session.have had a drifting up and down over the past couple of sessions. a set cannot find direction. we are seeing stocks overall gain traction. energy remains a drag, and the stock story of the day. the s&p 500 biggest movers -- kroger and best buy are leaving on a percentage basis, but there are more deep declines on the negative side of the ledger. all 10 of the worst performers are energy stocks. to see oil pullback. something else interesting that caught my eye is the default swaps on investment-grade debt on energy companies. bloomberg intelligence highlighted this in this chart here this is a market index of .ll ingress meant great debt the credit default flops. the chances investors are putting on it that it could default. it is relatively low and has remained relatively stable. this is what is happened to energy investment-grade debt. we had a peak of ago, and it has recently.ng back investors are placing a high chance. the previous week was in march. it has come roaring back. there

julie: i want to go over the asset classes. the mixed market you referred to at the top of the show, here it is in black and white or green and red, we should say. nasdaq of .1%. take a look at my bloomberg terminal. i want to look in more detail at the intraday action in the s&p 500 in particular. we are all day sort of bumping along, rising a little bit going into the decision. now i will zoom in to the postdecision period to see exactly what kind of action we saw. right after we got the no decision, there were typical gyrations. that is what we tend to see because there is this digestion period on the part of investors. what is it me now that there is no move? that continues as the press conference begins. during stocks rising, that is when janet yellen was giving her statement. she wasn't taking questions yet. around the peak is when she began taking questions. at 2:47 is when the headline cross, then october remains a possibility. she says we can't expect the uncertainty to be fully resolved. all of that commentary happeni

alix: thank you so much, julie hyman. a deep to take a look at dive in the bloomberg terminal and i want to take a look at what the market is expecting in terms of federal rate hikes. the green light here is the current implied policy curve on the sort of yellow dotted line is the historical implied curve, historical meaning yesterday. you can see that in one day, joe, the expectation for what the fed funds rate will be for the next month came down by about five basis points, up 15 basis points over three years. if you go back to july, before the china devaluation of the yuan, you can see how much expectations have come down versus now. joe: that is a great chart, really tells the story of what is going on. i want to dive into my terminal and look at the vix. one of the things that was cited was the heightened market volatility. after the announcement, the vix really dies, but in a mirror image to the stock market, the same way the stock market gains were essentially erased, the vix basically went back to unchanged on the

did you know that initially julie turned down the "big brother" gig? >> why didn't you want it?'s ahead. >>> closed captioning provided by -- sure, tv has evolved over the years. it's gotten squarer. brighter. bigger. it's gotten thinner. even curvier. but what's next? for all binge watchers. movie geeks. sports freaks. x1 from xfinity will change the way you experience tv. >>> ryan babies who are talked to from the time they're born are more likely to have a successful future. talking and reading to children in their first years has a huge impact on what they do with the rest of their lives. the fewer words they hear, the greater their chances of dropping out of school and getting into trouble. talk. read. sing. your words have the power to shape their world. learn more at first5california.com/parents >>> the new season of "survivor" premieres followed by "big brother." julie chen and jeff probst join us and i take them to when both their shows debut. >> the guests nominate two o their own to leave the house. then it's up to you the audience. >> hard to imagine just four hours

the machinery orders for july will be out the same day. orders in june dropped 8%, the first decline in four months. >>> we ask for some insight on japan's figures due out out tuesday, she is the chief economist. >> the second quarter gdp is likely to be revised down from the minus 1. % of the nation to more than 2% growth. the major drivers of the division is coming from the corporate expenditure, i mean corporate investment. i think the japanese economy is now stalling at this moment because of the weaker expenditure or weaker business activity. but i think that it goes in the fourth quarter should be short lived. however, if you look at the weak inside in exports, they will rule out any chance that the export number is likely to mark negative growth consecutively from the second quarter this year. >> the big drag on business activity in japan is weakness in the chinese economy. >> i think that the chinese government and the authorities are now taking place at a lot of majors, such as the policy expanses called majors and also a devaluat

julie hyman is in the newsroom with a check on the markets. julie: good afternoon. lebron james comparison although this one is a little more important i would say to the world at large. take a look at the major averages. we do indeed have that selloff going on. it is a pretty broad-based one. the financials are down, material stocks are down, industrials are down. this is very broad based but i want to talk about there is some fundamental news driving some of the selling we are seeing today. take a look at la quinta, the hotel chain. the ceo announced after the close that he was resigning. the stock is down 15%, the most on record as a result. it went public in 2014. the company also said it was cutting its forecast. that commentary is having an effect on the other hotel stocks. hotel operators, we are seeing them decline. all of them are also selling off. betty: also, julie, tell us about the hotels. we know that some of the hotel stocks, as you were talking about, are declining, but the reits, those are gaining. when you're talking about hotels or other types of

. ♪ ♪ >>> hello there, i am julie mcdonald, this is al jazeera live from london. also coming up.ed mall ans are voting for i new president in an election overshadowed by a corruption scandal. these pictures show russian soldiers fighting in syria. we'll look at the evidence. >>> while nigeria's illegal miners say a government crack down they wants their livelihoods. ♪ ♪ >>> hello there, warm welcome to the program. austria says it will lift emergency measures that have allowed thousands of refugees to travel in to germany during the weekend, now, the country had eased restriction to his help relieve the humanitarian crisis. but for now, thousands of people are continuing to make their way towards western europe. many are now at the border between hungary and austria so far european leaders have failed to agree on a common response to the crisis. there are still thousands waiting to make that trip near the hungarian southern board we are serbia. police are moving people in to a new transit camp. hungary says it will seal the crossing with a new hyphens in less than five days time.

. ♪ i'm julie and you are watching al jazeera live from doha and live on the program israelis in jerusalemuring 36 palestinians and australia's new leader is sworn this as prime minister, the fourth in two years. ♪ hungary declared a state of emergency in two border counties after detaining more than 9,000 refugees crossing from serbia. imposed tough new border controls blocking the mainland route and a four meter fence erected and it's a criminal offense to cross the frontier without permission from serbia, a country which is not in the eu. the eu chief is meeting with the u.n. high commissioner for refugees to discuss the crisis and called for unity and relocating them across member states. >> our unity or lack of unity internally has an impact on our credibility externally and on effect of that and it's in the last month in a very complicated and very positive way. i come to what we do, united as europeans on external action on migration and refugees. we need the same level of unity and action on the internal policies in the european union, otherwise we are half. >> in the middle of the