indeed limited to but it depends on components from companies like quad call micron technologies that actually those shares so from qualcomm micron saw substantial losses here in the 3rd trading on the upside if you want to put it this way companies like cisco for example could fill in the blank and the stock of cisco was by far the biggest winner in the dow jones industrial average but without those u.s. components entire your way organization would be in jeopardy so an even tougher line from the u.s. on wall way how could this play into the trade talks that are either going on or not going on we're never sure it's certainly increases the pressure and what the news agency bloomberg was actually writing is that washington might pull the nuclear option having that said we've seen that here was another chinese. company. they had a similar ban and then at the end washington decided to give special licenses to some u.s. corporations so that by the end they still could supply something similar also could happen with your wise so not all is lost to put it this way and there are certainly an

being a larger economic impact than just on huawei and today we saw shares in companies like micron technologiesthat sell semiconductors, they went down today. so there is more at sta ke, down today. so there is more at stake, and huawei is trying to focus the us on those concerns while saying it is open to a conversation with them about how they can fix this. indeed, the repercussions are big. and the us, zoe, has already given more details about this band. what have they said? -- ban. so the big news today is this ban goes into effect immediately. yesterday when we got some details about it that was unclear, but the commerce department today said that huawei will be banned from buying from american suppliers immediately. they have also said that anybody who wa nts to have also said that anybody who wants to supply huawei will be dealing with something of a presumption of denial. that is important because it means that even if you want to get approval from the us commerce department to sell to huawei, the commerce department is going to ask those companies to explain why it is not against natio

amount of their revenue, so we're seeing a big skid here, qualcomm down let's call it 3 2/ 3%, micron technology, nvidia down 4.5% it just gets worse advanced micro devices down nearly 5%, so our opinion echoed across the pacific as u.s. listed chinese firms tumbled including the heaviest of the heavyweights, alibaba, jd .com, all are getting crushed under the weight of increasing tensions and it's not so much anything that specifically happened. it's that nothing is happening. there is no meeting on the table , so is this a classic case of sell in may and run away or is it something merky at work to the floor show and we bring in our traders to phil flynn because oil is the story at the very moment. can you tell me when you see a 6 % fall in the price of crude, whose getting killed here? anybody losing their shirts at the moment? >> you know, i mean, obviously, anybody that has exposure we have traders that are getting beat up here, oil companies of course are getting beat up, shell producers are really going to get hurt with this price drop , but i think we have to really put it in perspective

micron technology, 51%. qualcomm, 65%. you get the drill here. with google. there are other factors at play there. it is dealing with a lot of political and other issues including trying to limit online tracking. easier said than done. robert gray is at the google developer conference going on and how that's all sorting out. robert? reporter: hey, neil. the keynote has been under way for about a half hour so far. we heard from sandar pichai and he was talking about they wanted to make products based on a foundation of privacy but we haven't really heard him filling in the blanks a whole lot. hoor here's a little snippet of what he said. >> our goal is to build a more helpful google for everyone. when we say helpful, we mean giving you the tools to increase your knowledge, success, health and happiness. reporter: so they have unveiled so far 3d and augmented reality effects for mobile search, some translation and other interesting augmented reality features for the phone, letting you book rental cars and movie tickets using ai instead of having to

micron, nvidia lower, technology to facebook and apple as well. you can count on apple, they came out as well saying if there was a full blown trade war china and the economy would fall by 1.62 percentage points and they would feel the blunt of it. elizabeth: thank you so much. we will take a quick break and monitor what is going on at the rose garden with tiger woods. also this, is china just plain crazy ? his component says he's crazy like a box. america now sending air force strike group and bomber force to send an unmistakable clear message any attack in the u.s. or the allies will be with unrelenting force. we will talk about that coming up. going back to the doctor just for a shot. with neulasta onpro... ...patients get their day back... ...to be with... ... family... ...or just to sleep in. strong chemo can put you at risk of serious infection. the president is walking up and about to award the medal of freedom to tiger woods one of the highest honors in the country. you can hear the music playing and it looks like a whole group of people o

the chip makers, the nasdaq laggards, skyworks, microchip technology, micron getting hit.atch all of this, chris robinson, what is jumping out at you? do you have any calls, any flows that you see where people are starting to pick up some bargains? >> you know, it's only monday. i have been doing this for 30 years. sometimes you will see a push for two or three days. it is only a 5% break off the top, though. nine days ago we were add record highs, right? we had a 5,000 point rally in 20 weeks. we have given back about 1500 points. i know it's scary when you look at 600, 700 points but it is a percentage move of 5%. so you know, we are always told to buy the dips, right? i think a week and a half ago when we were at record highs, lot of people said if we get a dip, i'm definitely going to buy it. right now i think people are like deer in the headlights. if you weren't planning to buy the dips, well, you should have a shopping list here. if you have a stock you want to buy, all the stocks you mentioned were down 4%, 5%, maybe take a look at buying them, taking advantage of

that's bad news for a host of chip makers why world come, micron and xilinx, they all got hit today. huawei had the best technology for the 5g wireless, but without components from american suppliers, that technology doesn't work they're going get beat it could be the end for huawei's 5g leadership. that's a huge blow to this pioneering company that many in the industry actually feel is nothing but an arm of the communist party. this was a major escalation for the white house. trump did the same thing to a smaller chinese company zte, although he quickly walked it back you know what? this one feels different, doesn't it it feels different it's clear the president no longer cares if his actions hurt major american businesses. it's no longer enough to stop importing stuff from china and stop making stuff in china now you're not even allowed to key chinese companies. that's a dramatic shift for the president trump administration, and i'm sure the chinese are astonished, baffled at how brazen see being, especially compared to his predecessors, all who said all right, bring it on love him or hate him, trump figured out

micron's -- macron's approach on tech and making tech better? >> i really admire him, because he brings people together. big convictions for technologylso topics like diversity and diversity in technology, which i work on a lot as well. i really admire him. i want to give a critical note that i think working together also counts for political leaders. they need to make sure that they work together to have unified rules and regulations for the tech industry as well, because that makes it easier for companies to operate incontinence like europe. a 3% tax on income giants -- how much of that is going to impact? are you concerned about all the , u.k. imposing a 2% tax on giants? booking follows a traditional effect model that has been out there for retailers in europe for a long time. we are not against -- we are actively helping to make sure they put a different situation for the future in individual countries taking action. double taxation will be make it -- will make it complicated for companies like booking in the future. onit is having an impact booking.com and people on the u.k.? >> we do see that overall, with brexit, people still

secretary of state micron pale has been putting pressure on allies not to use chinese equipment as the world gears up for the rollout of 5 g. networks the next generation of mobile technology what's imperative is that we share with them the things we know about the risks that the. presence in their networks presents actual risks to their own people to the loss of privacy protections for their own people but cutting ties with huawei could be difficult for countries like canada as their top telecoms providers say replacing their equipment could cost them more than a $1000000000.00. by way executive mon one joe was arrested there at the request of the united states on charges she helped her company evade u.s. sanctions on iran she is awaiting extradition to face charges in the u.s. if the united states has legitimate security concerns with weiwei i think the allies are prepared to listen in consider seriously what the trumpet ministration is saying but if it looks like this is all just gambit to try to improve the outcome and trade negotiations with china much of which may not benefit other countries then i think the administration risks losing allied support including close

secretary of state micron pale has been putting pressure on allies not to use chinese equipment as the world gears up for the rollout of 5 g. networks the next generation of mobile technology what's imperative is that we share with them the things we know about the risks that the. presence in their networks presents actual risks to their own people to the loss of privacy protections for their own people but cutting ties with huawei could be difficult for countries like canada as their top telecoms providers say replacing their equipment could cost them more than a $1000000000.00 you know by way executive mon one joe was arrested there at the request of the united states on charges she helped her company evade u.s. sanctions on iran she is awaiting extradition to face charges in the u.s. if the united states has legitimate security concerns with weiwei i think the allies are prepared to listen in consider seriously what the trumpet ministration is saying but if it looks like this is all just gambit to try to improve the outcome and trade negotiations with china much of which may not benefit other countries then i think the administration risks losing allied support includin

developing right now are carrying through, of course, in the technology stocks generally speaking, but chip stocks the focus exile yix, qualcomm, nxp, micronhuge part of the story with regard to technology companies, specifically chips. so chip stocks ones to watch in the premarket. >> on deutsch -- i'm thinking of doug braunstein, the activist who went after them a couple months ago -- how much has that stock come down? >> we're flirting around record lows right now for deutsche bank shares the whole idea is that these guys need to find some kind of a partner. that's the thesis for many traders out there. it was going to be commerce bank, maybe. right now it's maybe -- is it uni credito in italy could it be somebody else? the idea is that they don't stand alone, so if somebody buys them out or they merge with guyt stand alone. >> how much do you think this is a reaction to the news and donald trump the bank is not filing on the governor on him and cushnjus jad kushner. >> they level a lot of what's happening with the interest rates and environments yes, the deutsche story focuses on donald trump at some point. i am not sure if that's the

secretary of state micron pale has been putting pressure on allies not to use chinese equipment as the world gears up for the rollout of 5 g. networks the next generation of mobile technology what's imperative is that we share with them the things we know about the risks that the wall ways presence in their networks presents actual risks to their own people to the loss of privacy protections for their own people but cutting ties with huawei could be difficult for countries like canada as their top telecoms providers say replacing their equipment could cost them more than a 1000000000 dollars. by way executive mon one joe was arrested there at the request of the united states on charges. she helped her company evade u.s. sanctions on iran she is awaiting extradition to face charges in the u.s. if the united states has legitimate security concerns with wow ok i think the allies are prepared to listen in consider seriously what the trumpet ministration is saying but if it looks like this is all just gambit to try to improve the outcome and train to go with china much of which may not benefit other countries then i think the administration risks losing allied support including

crashes the broader indexes, technology was the worst performer as semiconductor stocks pushed the sector lower semiconductors down by 2.2%. chip stocks like broad com, micron, and nvidea as he tweeted his new terror threat on sunday. obviously, this is also a very sensitive market to any potential tariffs that might be put on >> i think boeing we were watching that 365 level, weren't we, all along? >> it's 357. >> 357 then we forgot back in december on the lows, it was, like, well below 300. >> and there are two things that really are impacting the markets that have been over the last i would say year or so one would be the trade talks which a lot of people had assumed were going well and we were going to see a deal sooner rather than later. the other was the fed, and after the fed pi on theed back then, the fed talked a little bit last week and made it sound like they're not necessarily looking for a decline in rates and so maybe the market has misgauged both of these issues there was a long talk about whether it would cause the fed to go back to the idea of hiking or whether we really just need to keep your eye on global inflation to get your cues for wh