i'm kelly evans. here's what is ahead on "the exchange" this hour.sh comments from the fed and fresh concerns out of china. investors trying to make sense of it, and stocks are trying to end on a positive note. apple, up about 1% today but still shedding 5% this week. and about $200 billion in market cap just the last couple of days on those reported iphone curbs in china, which could be getting broader. that is where we start today. we have team coverage. eunice yoon is live in beijing with the latest. steve is looking at how india is trying to capitalize on china's slowdown. and robert frank has the luxury consumer trade. and the companies most impacted by china's weakening economy. morgan stanley's portfolio manager andrew is hanging with me today to talk about where your money is best deployed here, abroad, tactical, specific. let's start with eunice. what is the latest in beijing tonight? >> reporter: well, kelly, the restrictions not only apply to certain state agencies on a national level, but also at local governments, as well. they are repor

i'm kelly evans. here's what is ahead on "the exchange" this hour.e of it, and stocks are trying to end on a positive note. apple, up about 1% today but still shedding 5% this week. and about $200 billion in market cap just the last couple of days on those reported iphone curbs in china, which could be getting

alongside kelly evans, i'm tyler mathisen.about the status of the disney bid and why he thinking traditional media outlets still have value. >>> what's the real state of the travel industry? how about the post-pandemic

i'm kelly evans. here's what is ahead this hour. inflation data trending down today. so far yields are, as well. but don't get too excited. the government most certainly about to shutdown, that could mean no jobs report next friday. also shutting down, more auto plants, as the uaw strike expands, more than 20% of big three production is now offline. and then there are some 70,000 child care centers at risk of shutting down, as the pandemic -- while health care workers may strike next week. all of this with big implications for inflation and the economy. how are markets digesting it? we start with dom chu and the latest on that. >> a little indigestion as we progress through the day. we were solidly in the mean at one point today, but we are trading at session lows. the dow down about one half of 1%, 136 points down. the s&p 500 now below the 4300 mark. 4292, down about six points, the session low. we were up roughly 34 points at the highs of the decision. so down six right now, down about 1/10th of 1%. even the tech trade, up north of % today for the nasdaq composite,

i'm kelly evans. right now, out in cupertino, california, apple's big annual product launch event is just getting started. one of our guests calls it the most high stakes event for the company, believe it or not, in years. because of apple's size, this makes it a high staking event for the market as a whole. we'll from a front row seat to all the action. steve is live in cupertino to bring us the major headlines as we get them. and instant reaction and analysis from paul meeks and kim forest. welcome to all of you. steve, kick it off for us. the iphone -- why did they name the event wanderlust by the way? >> reporter: that i don't know, but it's just now kicking off. maybe he'll get a hint as to why they're calling it the wob wund lust event. i just heard a bunch of cheers, i think tim cook just hit the stage. here's what we are expecting, kelly. four new models, two base models and two pro models where apple puts the most advanced features in there for the cameras, processors and so forth. and then e

alongside kelly evans, i'm tyler mathisen.ative deal with studios to end their strike after 150 days but nothing is finalized yet. the ink is not dry. >>> we're hitting the road ck

i'm kelly evans, and here's what is ahead this hour stocks are under pressure as the latest confidenceort shows consumers very much under pressure, as well. we'll have more on that ahead, including three names you want to avoid because of it the dow right now down 282 the nasdaq is down more than 1%. >>> plus, more on the pain points we are seeing in real estate to the lending pressures amid rising rates and soaring costs and the two cities that don peebles says are ripe with opportunity as a result. but first, we begin with two other pressing developments. joe biden just touched down in michigan and is set to join the uaw picket line, first president to ever do so, as negotiations show no sign of ending soon. phil is live on the ground there. and no resolution in washington either, where congress is running out of time to strike a deal to avoid a government shutdown moody's warning of the consequences on america's credit rating we'll examine the fallout in a moment with dean mackie and emily wilkins and steve liesman. but first to michigan for the latest on the autoworker's strike and

i'm kelly evans. here's what is ahead this hour. deficits in oil are animating the bond market. bond market is animating the stock market. and it's not just happening here, it's happening globally. and our market guest is all over the map literally with where to find the biggest returns this backdrop. >>> another strike looms in another major part of the economy. this one in health care, and it could be massive. 75,000 frontline workers could walk off the job come wednesday. we have the union replive, and we'll look at stocks in the sector. >>> demanded december constrk the ceo joins us with what he is seeing now and what he expects from here. let's start with the markets, though, and dom chu has the numbers. >> there is some green out there, kelly. it's a reversal, because we did see modest gains earlier. the dow up one half of 1%. 127 points to the upside, 33,679. the s&p up about 30 points, three quarters of 1% gain. and just to put those moves in context, we were up 43 points at the highs of the session. down ten points at the low. so there's your trading range so far, tilti

alongside kelly evans i'm tyler mathisen.rike by the united autoworkers union if they don't get a deal by midnight there could be targeted strikes as soon as tomorrow. judge big the comments by both sides they don't seem close at all. >>> another las vegas casino company hit by a cyber attack.

i'm kelly evans. it is a big day for apple, whose shares are down again, as china could reportedly widen their iphone ban to state-owned enterprises. plus, this all comes as chinese rival huawei launches its new high end phone. and with apple shares having their worst two-day drop in nearly three years now, our technicians of apple have been overhyped for nearly a year. he'll tell us how low shares have to go to find support here. >>> a raft of warnings for the restaurant and other consumer stocks, as gas prices are at a seasonal high we haven't seen in more than a decade. before that, let's get the latest on these markets. kind of a mixed bag, dom chu. >> it is. and it's much more value oriented in the green and tech oriented in the red, much like your outfit today. so let's talk about what is driving the action. if the dow industrials are up 0.2 of 1% at 63 points, 34,508, the opposite end of the spectrum is the nasdaq composite, down over a per september, which is off session lows right now. 152-po

i'm kelly evans. here is what is ahead today. are rising interest rates suddenly bad news? year long, equities have largely shrugged off climbing rates, but this week seems different. yields are popping again today on the back of strong economic data. and like yesterday, that is sending stocks lower today. we're at session lows right now. why are investors now sounding the alarm? we'll discuss or debate that. and apple shares lower overseas. the eu naming it one of six digital gate keepers. and china is banning government officials from bringing iphones to work. plus, have we finally reached the tipping point? why the fight between disney and charter could be the beginning of the end for linear tv as we know it. before all that, though, let's get more on the selloff, dom chu. >> by the way, kelly, you are right to point out we are at session lows right now. if you look at the s&p right now, down 52 points. this is the session low, so we'll put down 52 right there. down six was the session high, so it's been a predominantly down session, although not nearly as dramatic as we

i'm kelly evans.ad this hour, oil higher, the dollar's higher, and yields are breaking out to 16-year highs. is this the reaction the fed was looking for after its meeting yesterday? and how should the central banks grapple with the glut of government debt? that seems to be also pushing yields higher. we asked the man who created one of the rules for the road for central banking, john taylor. >>> and with stocks stalling, is the bond market the place to be buying right now? one of our guests says yes, the other says no. we'll debate where they see the best opportunities. >>> claviyo is said to be another bellwether, as the stock pulls back towards its ipo price today. and for one publicly traded name in particular. but first, the latest on the markets with dom chu and red, dom, 231 points or so down on the dow now. >> and not just that, kelly. if you look at the dow, kelly mentioned the 232 point, 2/3 of 1% for the dow, which stands at 34,210. the s&p 500 large cap index is 4352. that's down 50 points

i'm kelly evans with tyler mathisen.ing to you live from washington, d.c., as we enter the final 60-minute countdown to the central bank's decision on interest rates. a pause expected today, but where we go from here is less certain, and adding to that uncertainty are labor strikes, rising energy prices, and a looming government shutdown. >> we have team coverage from the stock market to the bond market, to the economy, and how rising rates affect the consumer. and how much a government shutdown could complicate things for the fed and the markets. that's ahead. we begin with steve liesman across town. steve, it is all about the forecast today. >> that's right, tyler. the focus is going to be on show jay powell thinks about recent economic challenges. you have the autoworker strike, higher oil prices, higher long-term yields and a potential government shutdown. beyond, that the focus is on what the fed signals for the rates and economy next year. no chance of a hike built in for today. but a 30% probability for november.

i'm kelly evans. ahead this hour, mary said she put a historic offer on the table. uaw workers not seeing the same and have begun a historic strike. there will be ripple effects throughout the economy, especially if it goes beyond a few weeks. we'll look at how wide those ripples could get. >>> our market guess is standing over there. he says he still sees gains ahead, but they will be much harder to come by. he's here how to find them. >>> on the heels of arm's big trading debut, we have a special three buys and a bail 2023 ipo edition. gina sanchez joins us with a bonus bail from a prior crop, but a cautionary tale for what could happen after the initial ipo hike. let's start with a look at these markets and we seem to be breaking the green streak. >> gains are even hard by today. big rally yesterday, not so much today. as you can see here, we're just about maybe half a percent lower on the dow industrials. 34,721, up 185 points. for the broader based s&p 500 large-cap index, 4468, down 36 points or about three quarters of 1%. it's been a down day all day. at the

i'm kelly evans. here's what is ahead this hour. inflation data trending down today.certainly about to shutdown, that could mean no jobs report next friday. also shutting down, more auto plants, as the uaw strike expands, more than 20% of big three production is now offline. and then there are some 70,000 child care centers at risk of shutting down,

alongside kelly evans, i'm tyler mathisen. byron ellison, we will talk to about the status of the disney bid and why he thinking traditional media outlets still have value. >>> what's the real state of the travel industry? how about the post-pandemic boom, is it still holding over? international demand still strong? wee we'll check in with that. >> looking forward to both of those interviews. this morning as optimism has faded as bond yields have turned higher once against. the nasdaq, the s&p down about half a percent. we were up more than 31%. we're down nearly 6%, and the key number we're watching, call that, yes, correction territory. the question is, why? what's changed? for more we turn to michael santoli. mike, maybe i mention treasury refunding in early august as a possible catalyst. >> obviously it's part of the mix. if i boil it down among the asset markets that are testing the they areholds, it's not just a level, but a somewhat disorderly sell-off in treasuries that's also non-fundamental. yields going up for, quot

i'm tyler mathisen, in for kelly evans today.s report initially sending stocks higher, but those gains have faded. the s&p and the nasdaq are flat-ish. so is the bad news good news narrative too good to be true? one guest says yes, there is a recession coming. investors had better get ready for it. home prices hitting an all-time high in july. but there are signs that this may fina

i'm kelly evans, and here's what's ahead.governor almost june la -- jubilant today. but will september surprise us like it almost always does to the downside? plus, the one trend our market guest is watching that could pose a threat not just to stocks, but also to the fed's 2% inflation target. and it's not oil. he j

i'm kelly evans, and ahead this hour, the major stock story of the day, arm shares jumping about 17%,s $56.10, about $5 above where it priced last night. that values the company at just under $62 billion, and that's still down from the $64 billion softbank had

visit indeed.com/hire ♪ >>> welcome to "power lunch" alongside kelly evans, i'm dom an -- dominic chuthe stocks are falling to session lows at this point as a last chance to avoid a shutdown. >>> as many people head to theaters to see a movie about meme mania, we'll talk to a man who was at the center of it. robinhood ceo will join us this hour. how his client base has changed. >>> let's get a check on the markets where these are -- correct me if i'm wrong -- fresh session lows. the dow is down 223 points now. and the s&p is only down a half a percent. the nasdaq is down less than that. a tenth of 1%. the major averages give up more ground on those shutdown headlines. >>> nike still higher today. sales were short of what analysts were looking for. some optimism about improving profit margins and earlier inventory declines leaving investors to buy today. nike shares up 7%. >>> and we have you joining us on set for the entire hour. we have to start with the two big issues hanging over the markets right now. strikes and the shutdown. phil lebeau is covering the auto workers strike, emily

i'm kelly evans and here's what's ahead as we kick off the week.lp reduce the budget deficit. we have the latest from washington and why it so far hasn't been bad news for the market and the market guest agrees and last fall she added to technology where the algos were running for the hills and this sell-off is setting up for some of the same opportunities. plus checking out, the post-pandemic economy resulting in a

alongside kelly evans, i'm tyler mathisen. hollywood writers reaching a tentative deal with studios to end their strike after 150 days but nothing is finalized yet. the ink is not dry. >>> we're hitting the road kicking off our latest "power lunch" house road trip. five cities in five days. are home prices still through the roof? what does a million dollar budget get you in the markets we are looking at? we'll find out. >> that's always a fun question to answer. maybe now more than ever. >>> a mixed day to kick things off in the last trading week of september. the dow is trying and right now succeeding to avoid a fifth straight down day. we erased earlier declines. up 12 on the s&p 500. up 43 on the nasdaq. the s&p and nasdaq are coming off a three-week losing streak and pacing for the worst month since december. dozens of names are also hitting the new 52-week low list. we're talking target, dollar tree, dollar general. dg, dollar general, hitting the lowest level since january of 2019. alaska air and southwest have been part

i'm kelly evans.yields are breaking out to 16-year highs. is this the reaction the fed was looking for after its meeting yesterday? and how should the central banks grapple with the glut of government debt? that seems to be also pushing yields higher. we asked the man who created one of the rules for the road for central banking, john taylor. >>> and with stocks stalling, is the bond market the place to be buying right

i'm kelly evans.d of the range they opened up $42 so that's the mark we're watching still a far cry from the nearly $40 billion it was valued at two years ago. we have all angles of this debut covered for

alongside kelly evans, i'm tyler mathisen and we've got a couple of big stories

i'm kelly evans, and here's what's ahead.dman slashing their recession odds, taking it all the way down to just 15% for the next 12 months now. the fed governor almost june la -- jubilant today. but will september surprise us like it almost always does to the downside? plus, the one trend our market guest is watching that could pose a threat not just to stocks, but also to the fed's 2% inflation target. and it's not oil. he joins us with what it is and how he's positioning from here. >>> bailing on home insurance. whether to campaign for it or will gas prices climb sky high? >>> but first, let's get to today's markets. dom, good to see you. >> good to see you, too. and i do not self-insure my home. i pay somebody else to do it, because they're the experts. if you take a look at the markets overall, we have seen both sides of the unchanged line, at least with the nasdaq composite, just so slightly in the green, 14,038. for the broader s&p 500, maybe a better measure of the overall market. it's been down all day, down nine poin

i'm kelly evans.d. one of our guests calls it the most high stakes event for the company, believe it or not, in years. because of apple's size, this makes it a high staking event for the market as a whole. we'll from a front row seat to all the action. steve is live in cupertino to bring us the major

i'm kelly evans.ig day for apple, whose shares are down again, as china could reportedly widen their iphone ban to state-owned enterprises. plus, this all comes as chinese rival huawei launches its new high end phone. and with apple shares having their worst two-day drop in nearly three years now, our technicians of apple have been overhyped for nearly a year. he'll tell us how low shares have to go to find support here.

i'm kelly evans and here's what's ahead. yields were on the move higher overnight. the fed meeting this week and even though they're widely expected to pause. our guest warns it's not good news for stocks and investors who think otherwise live in a fantasy world and he's here to explain what he means by that and the one sector where he's seeing opportunity. plus, what's the cost to the rest of the economy if the strikes continue

i'm kelly evans, and here's what is ahead this hour stocks are under pressure as the latest confidencee more on that ahead, including three names you want to avoid because of it the dow right now down 282 the nasdaq is down more than 1%. >>> plus, more on the pain points we are seeing in real estate to the lending pressures amid rising rates and soaring costs and the two cities that don peeble

i'm kelly evans. instacart, the shares priced at $30 last night, already the high end of the range they opened up $42 so that's the mark we're watching still a far cry from the nearly $40 billion it was valued at two years ago. we have all angles of this debut covered for you. leslie has more details for us and diedra has sounds from instacart's ceo. we'll get to that in a moment. first, i want to start with a quick look at the markets. bob is down at the new york stock exchange instacart might be popping from its ipo price, bob, but stocks are going the other way. >> well, it went public at $51, arm, traded up to the 60s on the second day and it's around $54, $55 today so it is certainly weaker. the overall market, take a look at the s&p 500 4423, the low print, not just for the day but for the month. so september is living up to its reputation as being one of the weakst est months of the year if you want to look at some stuff moving, just take a look at some of the tech names. tech and consumer disc

i'm kelly evans. here's what's ahead with the dow up 48 points this hour. a perfect storm.ment for private equity right now. and he says we're not even in the eye of that storm yet. he joins memo men tearily to make his case. >>> the magnificent seven may have been the engine behind the first half market gaps, but our guest says it's time to bet on the underperformers and go fishing in the value pond. he brings three names. >> autos, hollywood, health care, as the labor movement gains steam, we look at the trades to avoid and the companies you may want to buy because of it. it's in a special edition of

i'm kelly evans. here is what is ahead today. are rising interest rates suddenly bad news?gely shrugged off climbing rates, but this week seems different. yields are popping again today on the back of strong economic data. and like yesterday, that is sending stocks lower today. we're at session lows right now. why are investors now sounding the alarm? we'll discuss or debate that. and apple shares lower overseas. the eu naming it one of si

i'm kelly evans. ahead this hour, mary said she put a historic offer on the table.rike. there will be ripple effects throughout the economy, especially if it goes beyond a few weeks. we'll look at how wide those ripples could get. >>> our market guess is standing over there. he says he still sees gains ahead, but they will

i'm tyler mathisen, in for kelly evans today.ther goldilocks jobs report initially sending stocks higher, but those gains have faded. the s&p and the nasdaq are flat-ish. so is the bad news good news narrative too good to be true? one guest says yes, there is a recession coming. investors had better get ready for it. home prices hitting an all-time high in july. but there are signs that this may finally be the top. we've got the latest and what you need to know if you are looking to buy or sell a house any time soon. >>> a special three buys and a bail fed playbook edition, including one name gina sanchez says is a buy no matter what the fed does. but we begin with the markets. bob, the only index that i see higher right now is the russell 2,000, by 1 toyota 25%. -- 1.25%. >> that's had a great week with the nasdaq. we did have a great jobs report, unemployment ticking up a little bit, not too much. wage growth subdued. so it was a good report. but he's right, folks. the top trend, the high trend of the day is within a minute or

alongside kelly evans, i'm tyler mathisen and we've got a couple of big stories today. cpi and ai.st, inflation. the year-over-year rate up 3.7%. that was hotter than july's number. august was hotter than july but a lot of that can be blamed on gas prices. so are we really passed the inflation threat? that's the question we'll discuss. >>> plus, elon musk, mark zuckerberg, they're not fighting. they joined with bill gates and others to meet with senators in washington today discussing the future of ai regulation. we'll ask what they're saying and why it is occurring. this discussion behind closed doors. kelly? >> thanks. and let's get a check on the markets where the dow is up 26 points. the underperformer today. the s&p's hanging on to a third of a percent gain and nasdaq is up two-thirds of a percent. apple shares are lower again after the big launch event yesterday. down about two-thirds of a percent but almost 7% now this month and a chinese government spokesman says the country has not banned purchases of apple phones but also noted security incidents concerning the iphone. sp

. >>> good afternoon and welcome to "power lunch" alongside kelly evans. coming up, we've got e con recon. key economic day the out today alongside commentary from the fed via the beige book. we'll break down all the information in just a minute or so's time. plus, the tech attack continues. the eu cracking down on big tech's core businesses. the ftc targeting amazon and doj going after google. we're going to discuss the growing regulatory threat. >> a lot of those stocks down today. we're off session lows by about 80 points or so for the dow, which is down 238 or two-thirds of a percent right now. the s&p is down more than that. almost 1% with a 40 point drop and the nasdaq is the worst performer, i'm going say it, in the face of higher interest rates. the two-year back above 5%. we'll have more on that later. roku off its highs but up 2%. the company announcing plans to layoff 10% of its staff and consolidate office space and again, even so, they're only getting about a 2% pop today. also the talk of the street, amc. the theatre chain shares down another

alongside kelly evans, i'm tyler mathison >>> coming up, president biden joining autoworkers on the picketines today in michigan former president trump holding a rally tomorrow we'll discuss the political and economic impact of the strike as it shows no signs of ending any time soon. >>> plus, day two of our power house road trip. today we head to another hot, under the radar housing market that would be dayton, ohio home of courtney reagan. interest rates jumping above 7.5% how does rising rates playing out in the marketplace. >>> get a quick check on the markets with the dow just off session lows we are briefly down more than 400. down 360 for the blue chips. down 1.3% for the s&p to 42.82 the nasdaq the laggard down 1.3% as you might imagine, big tech names are leading the way lower. amazon, google and oracle seem 2 to 3% declines today more on that trade coming up. >>> also on the housing front, another weak number out today. new home sales down 8.7% in august the home construction etf down nearly 9% just this month. big bio tech mover to tell you about, soaring 90% immunovant. it coul

alongside kelly evans i'm tyler mathisen. a lot of news to get to including a looming strike by the united autoworkers union if they don't get a deal by midnight there could be targeted strikes as soon as tomorrow. judge big the comments by both sides they don't seem close at all. >>> another las vegas casino company hit by a cyber attack. caesars says it paid the ransom to the hackers. mgm says it's still trying to get back up and running after hit earlier in the week. we'll get to all that plus dr. scott gottlieb joining us to talk covid and decongestents. >>> let's kick it off with a check on markets in a much firmer tone. not only 1% gains across the board today, but the s&p and nasdaq are trying to put together four gains out of five as the tone has improved of late. at&t shares are higher today. the cfo was speaking at a conference with some bullish commentary on free cash flow. investors may be taking that to mean the dividend is safe. the significance is that at&t is one of those stocks we talked about yet where the d

>>> welcome to "power lunch" alongside kelly evans. i'm dominic chu. coming up on the show, stocks are higher today but in a couple of days from closing the books on a bad september, does will boil down people are investing in bonds and even gold instead of stocks? we will discuss that topic. plus, the autoworkers could expand their strikes tomorrow as the issue grows even more polarized and politicized. how much longer could this go and how bad could it get? >>> dom, first let's get a check of to the market. hey, you are supposed to be doing this normally. >> i think you got this. >> i will do my best impression. dow is up 73 points right now, 150 points below session highs. s&p is up 20 to 4295. nasdaq is up three-quarters of a percent today. bond yields backed off the highs. as dom mentioned, a couple of days left in the trading mark. the s&p is down 4.5 and the nasdaq down almost 6%. it has come as the flip side of higher yields. the ten-year yield closing level on august 31st was just 409 as you can see over here. we jumped more than 55 basis poin

>>> good afternoon and welcome to "power lunch" alongside kelly evans, i'm tyler mathisen. coming up, apple's big event is still going on. unveiling the iphone 15. we'll bring you all the latest announcements as they happen. >>> plus, the government taking on big technology. the antitrust trial against google kicking off a senate hearing on regulating ai and senator elizabeth warren continuing her feud with elon musk. a lot to talk about. >> and we'll get to that, but first, a check on the markets. shares of up -- sorry, a check on the markets shows the dow is up 65 points today trying to cling on to these gains which are looking to evaporate. the s&p is now down a third of a percent. some declines in oracle, some declines in adobe as a result. all weighing on that average. i mentioned ups and those shares keep an eye on this one, are lower today and on track for their lowest close since february of 2021. the company saying its deal with the teamsters will raise costs by more than 3%. several analysts cutting their targets on the stock. shares are now down 1% over the past

i'm kelly evans and here's what's ahead. yields were on the move higher overnight. the latest look, they're muted, but we hit some significant levels and almost 15-year highs ahead of the fed meeting this week and even though they're widely expected to pause. our guest warns it's not good news for stocks and investors who think otherwise live in a fantasy world and he's here to explain what he means by that and the one sector where he's seeing opportunity. plus, what's the cost to the rest of the economy if the strikes continue against the big three automakers? james geller is back and he's crunched the numbers and he sees the perfect storm forming on the horizon. he tells us where and who could feel it the most and the window for bob iger to get a good deal for abc may be closing so says one of our guests. we'll have the latest on disney later this hour. let's begin with the marks, and we do have green. some modest gains here and almost identical in percentage terms with the dow up 96 points and the s&p up 12 and the nasdaq up 29 and this comes despite the headwind

>>> welcome to "power lunch," alongside kelly evans i'm tyler mathisen. coming up, all across the country, downtowns, office spaces, shopping centers at risk of becoming ground zero for a new economic hazard, the urban doom loop. that is the growing likelihood that a commercial real estate apocalypse could spiral out across the entire country. >>> plus, it's not just commercial real estate that is in maybe a precarious position. higher rates are creating uncertainty around housing in general, and ron insana says the fed is to blame. he'll explain more in just a moment. >> first, here's a check on the markets which are green even though they're going to be red for the week most likely. all the major averages up about .25%. kroger climbing 4%, and seeing those gains despite sales slumping as disinflation hits faster than expected. and planet labs down 15%, the satellite imagery stock delivering weaker than expected results and worth mentioning, they aren't the only space firm in the headlines as the faa is grounding spacex's star ship rocket and requiring t

>>> alongside kelly evans, i'm tyler mathisen. coming up, two huge stories in media. the writers are close, inching close to a deal with the studios. and the actors may be close behind. so when will hollywood get rolling the other way? >>> plus rupert murdoch stepping down as chairman of fox and news corp. what it all means for his media empire. >>> plus how to get a 3% mortgage as rates are 7.5%. we'll talk to the head of a company with an interesting plan to let you buy the house and the mortgage interest rate. >> looking forward to that. markets are looking better than they did earlier this morning. still in the red with the dow down about half a%. s&p down 1% below $4400. and nasdaq under the most pressure down 1.1% call it. and i'll cite the higher interest rates obviously we'll have more on that in a little while with thenearing 4.5%. and you can see amazon, alphabet dragging down the market. a s adob eflt down a similar amount. so not a lot of relief. elsewhere fedex raising guidance. it is up more than 80% since the bottom last year. tyler, fedex now at 262. >

i'm kelly evans. here's what is ahead this hour. deficits in oil are animating the bond market.ally. and our market guest is all over the map literally with where to find the biggest returns this backdrop. >>> another strike looms in another major part of the economy. this one in health care, and it could be massive. 75,000 frontline workers could walk off the job come wednesday. we have the union replive, and we'll look at stocks in the

alongside kelly evans, i'm tyler mathisen. coming up, the summer of labor's discontent continuing. autoworkers on strike at some plants in the u.s. after failing to reach a deal with the big three companies. >> and fast food workers in california going the other way, about to get a big raise. we'll examine the potential fallout there. plus rumors swirling around disney and which if any tv networks it might sell to whom for how much, we'll try and make sense of all of it. kelly. >> first, let's get a check on the markets. we see the dow just off session lows, down 258 points. the s&p 1.1% to the downside. the ten-year treasury yield did start moving higher overnight. that could be playing into the higher yields here, and the reason why we're seeing some pressure there. let's also check out arm holdings in its second day of trading holding on to the first day pop, even building on it. at $61 a share. and lennar shares are lower after reporting results. lower home prices actually cut into profit margins, but the market remains, quote, constructive. shares are down about 3%, still up 2

alongside kelly evans, i'm tyler mathisen. coming up, the apple of my ire. china's government reportedly banning agencies from using iphones. what would further bans in china mean for the big apple? more on that shortly. >>> plus, hotel, motel, ev plug-in. tesla to install charging stations at 2,000 hilton hotels. details on that deal further ahead on the program. >>> but first, let's get a check on the markets. the dow outperforming again today, up 84 points, driven by strength in health care and intel, interestingly enough. broadly speaking, chip names are weak, the s&p 500 is down .25%, and the nasdaq is off the lows but still down almost 1% today. on the media front, disney and paramount both hitting new 52-week lows. there's walt disney shares that dipped below $80 earlier in the session. fubo tv also up about 10%. warner brothers discovery down 4% after their ceo said strike costs have prompted them to lower earnings expectations and fubo is charting after they have pushed subscribers to sign up. and in the a.i. space, c3 is down 14% after forecasting

alongside kelly evans i'm tyler mathisen. coming up, a contrarian take on the markets right now.o says bad news really is bad news. and the fed is reinflating the nasdaq bubble. plus where are the jobs? in the suburbs is where you will find them. restaurant chains finding workers where they live. and is it all part of a shift in the job market with the employer regaining the upper hand? kelly? >> feels like it, tyler. thanks. hi, everybody. let's first gets a check on the markets. dow's up 95 but underperforming today with the s&p up nearly 2/3 of 1% and the nasdaq up more than 1% as we're seeing kind of a restrengthening back toward the levels we were at on the open as we move through the

i'm kelly evans. here's what's ahead with the dow up 48 points this hour. a perfect storm.t's how one of our guests describes the environment for private equity right now. and he says we're not even in the eye of that storm yet. he joins memo men tearily to make his case. >>> the magnificent seven may have been the engine behind the first half market gaps, but our guest says it's time to bet on the underperformers and go fishing in the value pond. he brings three names. >> autos, hollywood, health care, as the labor movement gains steam, we look at the trades to avoid and the companies you may want to buy because of it. it's in a special edition of "three buys and a bail" today. first, dom chu has the numbers. >> it's green, and decently so. but remember, we're coming off a pretty bad day yesterday and a three-day losing streak for the s&p 500. right now, the dow up 0.1 of 1%. the large-cap s&p 500, broader measure, 4350, up 20 points. roughly one half of 1%. and that trading range for context, up about 27 points at the day's highs. and up about three points of the day's lo

i'm kelly evans with tyler mathisen.er the final 60-minute countdown to the central bank's decision on interest rates. a pause expected today, but where we go from here is less certain, and adding to that uncertainty are labor strikes, rising energy prices, and a looming government shutdown. >> we have team coverage from the stock market to the bond market, to the