ambassador to china, max baucus. heading into the close, continuing to move lower, dow down 535 the s&p 500 is down about 1.7% we're sort of resting at this level right now. again, every sector is weaker, real estate energy materials getting hit the harder even though weaker oil prize, weaker on the chinese selloffs. oil prices are a little bit firmer on wti krumptd up next we we'll talk to jih ha boze-little on where he is about the big ipo drought. bitcoin taking a another leg lower as another crypto firm goes bankrupt. blockfi has filed for chapter 11 bankruptcy in the wake of the collapse of ftx saying they have more than 100,000 creditors. we'll be right back. makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades

ambassador to china -- max baucus, former u.s. ambassador to china coming up next.omberg. ♪ as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. saving you up to 60% a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities. >> from the world of politics to the world of business, this is ""balance of power"" with david westin. >> from bloomberg's washington, d.c. studios to tv and radio worldwide, this is valid -- "balance of power". we are