i want to bring in our guests to break down this market action, mark suzuki of bank of america merrillynch. what is going on with biotech? last fewhink over the months and years, you have seen more and more investors pile into these crowded areas of the market area what you are starting to see right now is there is cracks in that leadership. we look historically at stocks, roughly 40% of those stocks grow into their multiple and do well. that means the other 60% actually don't do well and a lot of them end up pretty ugly. when you saw with this run you've had in biotech stocks, they are basically priced for most of them doing well, not priced for 60% of them not working out. joe: the ceo of glencore lost $500 million today just breaking through the terminal. alix: that's a bad day. joe: a lot of these companies, if you're on a pe basis -- when you see these really speculative areas, how far can they fall? p i don't tend to look at multiples for these types of stocks. a lot of them don't even have earnings today. you are buying what they're going to do why for 10 years in the future. yo

suzuki. shares rising sharply in the morning session in tokyo after the carmaker spent almost $4 billion buying back shares from volkswagen. the buyback marks the end of an ugly chapter for the two carmakers. inir relationship soured 2011. in august, arbitrators ordered vw to sell its stake in the carmaker. suzuki snapped up all shares owned by its german. ts german peer.t it jumped 4% on the open this morning. suzuki is now set to focus on its operations in india. from a failed joint venture to a major deal that's brewing between beer makers. the company that makes budweiser has outlined plans to buy smaller rival sab miller. sources say ab inbev has not made an offer yet, but miller is open to talks. together, the companies would supply one out of every three beers sold globally. 20% inler shares surged london wednesday, boosting its market value to around $90 billion. before yesterday, the stock had fallen 18% in a year. ab inbev rose more than 6% in brussels. back to the road. fiercest rivals are teaming up to challenge the company in china and the u.s. didi kuaidi has invested $100 million in lyft, the number two car hailing service in

problems and and vast uncertainties of mercedes-benz jaguar land rovers suzuki tesla of volvo trucks of volkswagen and spartan motors. >>marke live at the north branch librarian which is the second bay area library to find bedbugs and last week. >>will tran: it will reopen a three and half hours from now the shut down over the weekend and had an event but at the postponement the reason why is because of the bed bug was discovered in the men's rest from the other part was a chair on the first floor this sense of god and that the same dog does use the power out of this is the dog in their they discovered shut down broad and steam cleaning and brought the dog back to make sure if everyone was ok and did not worry about the reason why the good and said it will continue to monitor the situation those dogs that the continue to come back every so often to make two of the is long gone as far as the bed bugs and you have to be exposed before the discovery do not worry about them because they do not carry any diseases they're called a public nuisance to my with the political tea but you would have and the problems as far as disease c

other news >> mark: seven more bay area car makers may and have recalls because of faulty air bags this includes tesla. these air bags cashoo metal shrapnel and exploded to card. jaguar suzuki tesla volvo hot volkswagen in spartan motors are among the problems. >> darya: donald trump and hillary clinton continued to face off. >> reporter: i'm in the santa clara county jail about of the recent possible murder. goldmark there is a huge motorcycle accident north of the bay bridge in his cause in marin county area traffic and george will help us more. >> george: look have densely packed the traffic is on the span and that is because traffic got so bad it back up to over two hours. we are still dealing with major delays. speeds are picking up over the wall below grade but they start to slow down again because of the transition which definitely reduces the flow of traffic. in the southbound direction along interstate 580 and southbound on a one things are picking up of, of el--though. remember we had this big green backs in over two hours ago on northbound to 38. there is still an oil spill to contend with and that is why there is back up all the way of to the dublin grade. that