rebounding gains for the nasdaq. nasdaq is still higher for the year. russell 2000 higher by more than 0.5% today and does remain in correction territory. apple is slightly lower for the day, but higher for the week. that is after news ian rogers left. video gaming company activision blizzard one of the biggest gainers up by more than 6% after news leaked that the "call of duty" publisher will join the s&p 500 after market close today. to the down side, the biggest loser, autodesk. down near 6.5% after reporting revenues that missed the street's estimates and cutting its forecast for the full year. back to you. >> oil spiking today. that is the real story. 20% off the lows for monday. >> the low on monday, $37.75 and today finish at $45.22. today the headlines spurring this rally were based on the fact saudi arabia has sent ground troops into northern yemen. that's why traders were covering their shorts and there were new entrants into this market. other bullish factors rbob expiring monday. we saw inventory draw on wednesday. it was a little surprise t

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nasdaq down 114 points. with oil not too far from $40 a barrel, which country will be the first to actually cut production? will it be russia, saudi arabia or here in the u.s.? our pros will weigh in. >> brace yourself for a huge wave of earnings after the bell. hewlett-packard, sales force.com and the gap. we'll bring you those numbers soon as they are released. so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep it all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your boysenberry apple scones smell about done. ahh, you're good. i like to bake. add new business services with at&t and get up to $500 in total savings. everyone is looking for ways while to cut expenses.s unique, and that's where pg&e's online business energy checkup tool can really help. yo

courtney reagan is over at the nasdaq. bob, let's talk to you first because you were telling me about some names that are seeing an especially large amount of volume going into them right now. >> they're going after anything that was beaten up. the whole market is up but particularly beaten up names. let's take a look at the s&p 500. we are holding the highs of the day and it's been essentially straight up here. i want to review again the markets today because we have some very unusual numbers again. the volume is heavy but not as heavy as it's been in prior days. the volatility still up there but it's dropping rather notably. the vix has got a 2 handle in front of it. the breadth, this is really what's strange. 9-1 in the middle of the day advancing to dlieng stocks. you don't see that very often. i told you about the arms index invented by legendary technician richard arms back in the 1960s. measures the advancing -- the amount of volume going to stocks that are advancing versus stocks declining. when it's 0.29 he said h

s&p and nasdaq. nasdaq is the worst of the bunch.a little bit of selling this morning. >> anybody an expert will turn into currencies because that's a big picture. the dollar trading on the euro stronger against the dollars. the ten-year treasury note 2.03%. we haven't seen that since april. lauren: oil continues to selloff. looking for it to break $40 a barrel. it did. now well over 6.5 year low. senior market analyst at price futures group as well as fox business contributor joining us early. looking at energy names in the s&p 500. konica, occidental. they produce and refine. the selloff in global oil prices right now. how does this affect the market? >> it shows big problems in the global economy. if you look at the entire commodity process commanders warning signs all over the place. you mentioned the u.s. dollar falling. commodities fall with it. the danger side. you mention the fact gold prices are not rallying as a safe haven. it signals the market is more worried about entrenched disinflationary than deflation. you go back to

nasdaq lost it here.was the leader most of the day so techs led our way back up after leading the way back down. about 1:30 p.m. some folks said this is margin calls. then it began to accelerate in the last hour. especially the last half hour. i counted about five stocks negative with 20, 25 minutes to go. then it was half to more than half. advancers slightly outpacing decliners. i haven't had a chance to look at it. chips were strong during the session. posting their best situation since about may. now some of the names in that chip group are among the biggest losers. texas instrument down 3%. sandisk down 3.2%. it cut everything across the board when we saw that deceleration towards the close. not everything is negative. i do want to point out some of the winners like netflix but only gaining about 5%. jd.com up more than 5% on the day. we just couldn't do it there at the end. >> thank you. let's bring in today's panel. we have michael santoli from yahoo finance with kayla tausche and "fast money" trad

are you watching the nasdaq here?is having the worst month since october 2012. >> it is tech heavy so it is more susceptible to the beta. we watch everything here, not just new york stocks. but the s&p 500 is really what i focus on. >> how much technical damage has been done here in the last few days? >> yes, there is technical damage but until we get to that 2,045 level on the s&p, we're not broke. sarge, steven, thank you. >>> we saw data yesterday that saw only 25 cents for a barrel of crude oil. that's help sent oil prices are sharply down recently. the intraday six-year low, $42.03 per barrel. right now we are at $43.36. >> let's look at gold as it is closing the session right now with a gain. gold up almost 1.5%. a nice move there for gold. it was $20 higher on the back of the weaker dollar. dollar was very much weaker against the euro. silver, copper, palladium and platinum all in the green today. especially copper which we've been watching on the back the china weakness and has been absolutely battered. the mi

nasdaq is making it easier for small companies to raise money.year, the exchange launched nasdaq private market, which led investors by early shares and allows for employees to liquidate the company equity. 100 companies are using the platform am including pinterest and shazam. is it the right strategy? let's ask the man in charge of the initiative, jeff thomas. he joins me in studio. thank you so much for joining us. jeff: thank you for having me. mark: talk to us about the requirements for people to get .n the npm jeff: it is a platform built for companies. the companies can create and set up a program for employees to sell stock to prearranged investors. companies are selecting to work with institutional investors, which are largely mutual funds and hedge funds that historically invest in public companies. given how long they are staying, the invest in private companies. givenis the time for this how chaotic the world of corporate funding can be right now? jeff: companies are sting private longer. nasdaq worked extensively on the jobs act, whi

over to courtney reagan at the nasdaq. >> i'm watching the nasdaq still bearing the crown for the biggest index rally. we're off of highs of the session. still on pace for the worst month since november of 2008. we have ground to make up. momentum names making the biggest moves, not quite reversing losses for the week but still making nice strides. apple's point impact adding more than 20 points to the nasdaq 100, the biggest gainer there not surprising. the s&p biotech sector really on a tear today, up more than 3.3%. that's pulled back just a bit in the last hour. the chip sector tracking its last day since the end of may. you can see nxp up more than 4%. sara, back to you. >> i'll pick it up from there. courtney reagan, thank you very much for that. what are managers telling their clients today? joining us, neil hennessy, chief investment officer of hennessy funds. gentlemen, always good to have you on the show. robert, i am sure clients have called you. what's their biggest question and what have you told them? >> yes, you know, mandy, this is a pretty scary time for clients. we haven

>> ugly day here at the nasdaq.he xoscomposites down more than -- 21st century fox is down more than 6%. another media name getting whakd ingting whacked. it had a mixed quarter. many cable names getting hit over the cord cutting talk. apple just slightly in the red. again today. but for the week it is down around 5.5%. josh lipton was told today apple signed up 11 million trial members for apple music in the first five weeks since its launch. the company is in its three-month trial phase. no users are yet paying for the service. we should also mention that the ishares nasdaq biotech ebb is down 3%. just an all-around ugly day here at the nasdaq. >>> kate thank you. >>> let's get some animalalyst input. should investors buy, sell or stay put in a market like this? correct me if i'm wrong, had he not told people to stay fully invested? >> yes. if they have a long enough time horizon, they should stay fully invested. >> what do you tell them when they say hey, i've lost my gains for the year. >> for many investors the

futures, dow and nasdaq under pressure. nasdaq, by the way, tough week on wall street.that has been down about 3.3%. >> oh, for the nasdaq. i have commodities for you. here is how oil is shaping up. you have a red arrow. 41.14. gold, some selling pressure. that is your safe haven. prices rose yesterday by $25 for gold yesterday however. dollar trading against other currencies. green foreeuro and canadian dollar and japanese yen at the moment. yield on 10-year treasury. this says, this spells it out for you. this is the lowest level since april. 2.08%. >> people refinanced, did their mortgages looking at this saying, man, i missed it. can't refinance again. tough to do that. >>> breaking this morning u.s. -- suggesting that dozens of clinton emails were classified from the start. state department is stamping publicly released emails as classified. reuters says new stance indicate some of clinton's emails were filed that the type of information that the department's own regulations automatically deemed classified from the get-go. former new york city mayor rudy giuliani w

nasdaq down by .1%.t is faring the best of the major averages but it had been positive just moments ago. s&p 500 had been mildly losing for most of the session but bob pisani is back here on the floor. what do we make of this trade right now? >> we're sort of flat-lining in the middle of the day, slightly to the downside. given the volatility we've seen recently, this is a very narrow trading range for the s&p 500. essentially 13 points from the high to the low. not far from the low of the day but this is nothing like it's been recently. pfizer's been a little bit underperforming. apple, microsoft, jpmorgan, wells fargo, johnson & johnson, they're all to the downside here. small cap energy, we have seen -- when oil started bouncing yesterday and oil's at $45 right now, some of these small names like triangle, oil services companies like parker, small offshore drillers like seadrill have been flying for the last day and a half. some are shorted heavily but these stocks have just been destroyed over the la

the nasdaq dipping 3% and dow near a six-month low. here is what made the today's sell off different. it was the winners that took us lower, starbucks, home depot, disney. are we in that market, steve ross, where people ring the register on things working? >> i think so. the biggest take away was the iwm. this is the first time we closed below moving average. confuse yield. crude falling, you have a step back and see where the smoke clears. >> yeah, are we seeing a rotation, do you think? >> you had a major, major move higher in energy stocks and some of the weaker places, not the integrated names and names you can rely on with balance sheets but drillers, minors bounce on a day when the dollar was weaker but wasn't really about a weak dollar story. is this rotation? yes. there are no touch. emerging remains no touch. to say this is a place to dive into the names, i'm not so sure. to say it into a payroll number, what happens tomorrow? does that weaken the dollar? you can get a bit of an over sold dollar. i'm probably one of the few th

dow and s&p futures lower, nasdaq up a bit.es. welcome to "fbn:am," the latest breaking news and what to expect the day ahead. during a break now for the first debate in cleveland. donald trump's high poll numbers means he will be taking center stage at the debate tonight. yesterday during an interview with trish regan, trump spoke with a 92-year-old woman who registered to vote the first time since she can cast her ballot for him. >> he knows people. he just don't want anything coming over here taking advantage of the american people. >> you are talking this language. he joins me on the phone. >> well, she sounds so smart. if she were running for office i'd be voting for her. she's amazing. so brilliant. i've been listening the last couple minutes and everything she said is exactly true and she would get it done. the politicians don't get anything done. sandra: fox news gop debate except for 55:00 p.m. and 9:00 p.m. eastern. surely not to disappoint. for complete postdebate coverage and analysis, lou dobbs will be live at 11:0

bertha coombs is at the nasdaq with this morning's movers. >> we have the nasdaq into inn tune with the the market. down about 1%. nasdaq 100 slightly better and the reason is that because of analog devices, analog devices earnings topped. its outlook was strong. it's one of the few standouts we have seen in the chip space and for a time today, that actually carried over and had a bit of a halo effect. the semiconductor index. was higher but now it's down about with the rest of the market pacing. a couple of stand-outs still. skyworks moving out, analog devices makes that push technology in the apple watch. but boy, apple continues to be a drag here on the nasdaq. giving back what it had gained last two positive sessions. now the second session in a row to the down side. at a one-week low. it's kind of responsible for the most drag on the nasdaq 100 for six points, cue the down side. still up for the year, it is technically weak. below all of the major moving averages. ahead of the announcement coming in september. we just don't seem to get much movement for apple in terms of the stock

the nasdaq down initially in correction territory. we were just talking about the nasdaq.took 15 years to break it's highs hit back in the year of 2000. just four months to come off those highs but futures indicating a higher open. the dow up 334 points in premarket trade. nasdaq up 98. s&p 500 higher by 38. >> the asian markets as well. i want to mention anthony writing in saying a pleasure to see you. looking for the miners to start announcing deals, consolidation, acquisition, things like that so we can just talk about that a bit while we look at the asian markets. on top of that blind squirrel says the problem is we have news to china being the reliable crutch. now china is getting dodgey. keep your tweets coming through. @seemacnbc. you can find us on e-mail. worldwide@cnbc.com. much more to come after the break as well. we'll be talking much more about the volatility that's been seen. we'll be back in a second. >>> welcome to the second hour of worldwide exchange. i'm seema mody. >> these are your headlines from around the world. >> the dow poised to open higher afte

the nasdaq 2 points.we closed near the session lows chevron and exxon weighing on the markets. let's give you a rundown of what to watch this trading day. the july personal income and spending at 9:30. manufacturing index due at 10:00 a.m. we also got june construction spending at 10:00 a.m. clorox and tyson foods before the opening bell. with aig and allstate and avis budget at the close. >>> ben, good to see you, all three u.s. indices were positive for the month of july. is that really justified? >> well i think some of that has to do with the fact that we started off very negative. if you remember, we saw a nice two or three-week rally off that low in the s&p right around the 30-24 level. we can down yes, we closed off the month for the most part of the month, very much bid activity but we've been very much range bond. if you look at volatility volatility is light right now. with a lot of european holidays and europeans taking time off. we do have key economic data. we're closing watching greece not a

the nasdaq giving up its gains for the year. this morning with that plunge down over 400 points, we were down 1,000 points from the high. about 20% below in bear market territory. as horrible as it looks, it's not that bad. now we are just in correction. the big story today all around was apple. we saw that big turnaround. it was a sizable reversal on apple. in the end, it didn't hold. as we came into the final hour, the selling increased here. that's partly what dragged us down. jackie is standing by at the nymex. wild ride there, as well. >> certainly didn't disappoint in the pits today. thank you so much. two major headlines we were watching, the first 6 1/2 year low closed today, closing under $40. we tested those levels friday. the close under 40 is key from a technical perspective. the other question is this fact we may have a wild card or a black swan event when it comes to crude oil, as well. a lot of people looking at opec and internationally, at the iranian oil minister and his comments today that output will be increa

dow about 30 points, nasdaq, tech-heavy nasdaq up by 17. and we do get the sales ahead of a potential fed rate hike still at this point seems to be september. taking a look at the cnbc global index. mixed data we're looking at. trade right now index is seeing a gain just around a quarter. a point, as you can see coming off the highs of the day. interestingly enough, as you take a look at european markets, greece is in fact a part of the discussion, greece hopes to continue negotiations with its creditors on bailouts. ahead of days on august 20th. right now, stocks higher not across the board, the cac 40 of gain of 13%. the italian market solidly in the green. xetra dax up 29 points. as you can see right now as you take a look at the wall here, ftse 100 is the underperformer here. much of that having to do with the selloff that we continue to see in-n the commodity complex. wilfred. >> seema, thank you very much. friday's nonforeign payroll was sort of interpreted as a mixed print. the headline print certainly missed estimates. but overall,

the dow down 200 points the nasdaq off more than the s&p 500 off and nasdaq down.hey're all hitting 52-week highs today. the only three names in the s&p% s&p 5 s&p 500 to do so. gold, yes, it may be down but it's glittering today. gold, a bright spot in a sea of red. it's up 24 bucks an ounce. he's here to tell all of us why gold is higher today. phil, why? >> we've got gold up 35 bucks in the last two days. remember, gold has been suppressed for a couple of months. feds were going to raise their rates. now that's not the case. with've got a weak global economy and uncertainty in china. remember, where there's smoke, there's fire. we've got gold prices pushing through 11 ooh r 1150. i think your key level support back down to 1115. that was yesterday's low. if we violate that, we could see a water slide effect going. ice got a lot of momentum behind it right now. it's got a story, a fear trade. i think it's a fear trade right now. >> if the fear trade goes away and things calm down, we've had it over the last five year, phil. is gold going to resume its down grade?

s&p and nasdaq up sharply.e watching "fbn:am," your first look at morning markets and breaking news. numbers in wholesale numbers at 10:00 a.m., right now looking pretty good if you are a bowl. the dow jones industrial futures up. s&p up 63. let's look at some of these commodities. oil 3940, 3% right now. a look at gold which was slightly from the down side this morning. lauren: we've got currencies to show you. the u.s. dollar against an key currencies. you can see the euro giving back recent gains. both of those safe havens. 2.05%. yesterday 1.997 was the close for the yield. nicole: everyone had to run. they didn't know where to put their money. one of the stocks we are watching today is alibaba group or the chinese e-commerce giant fell below its ipo price for the first time yesterday. it closed down 3.5%. $65.80 per share. disappointing along with this sharp selloff due to fears of an economic slowdown in china could temperament is yes and for initial public offerings going forward. yesterday's genomics re

nasdaq down 117 points.e on the price action and what to expect in today's trade after the short break. try the superior hold... ...of fixodent plus adhesives. they help your denture hold strong more like natural teeth. and you can eat even tough food. fixodent. strong more like natural teeth. fixodent and forget it. no student's ever been the king of the campus on day one. but you're armed with a roomy new jansport backpack, a powerful new dell 2-in-1 laptop, and durable new stellar notebooks, so you're walking the halls with varsity level swagger. that's what we call that new gear feeling. you left this on the bus... get it at the place with the experts to get you the right gear. office depot officemax. gear up for school. gear up for great. >>> hi, everybody. welcome back. you're still watching "worldwide exchange." it was an ugly session in asia with equities hitting a low. the equities fell after beijing failed to deliver a widely expected rate cut. they allowed pension funds to invest in the stock mark

nasdaq up 62. s&p 50 by around 23 points. energy stocks played a big role in providing that boost to u.s. stocks. tech and bio tech were also a stand out. here in europe interestingly enough taking their queues from asia and the positive session on wall street we're higher across the board. very close to session highs up 321 points. the ftse 100 see a gain of 2.3%. a lot of the mining stocks weighed on the u.s. stock index earlier this week. out performing one of the best performing sectors here in the u.s. we're seeing the french equity index up about 3%. this is because of positive earnings helping the index move higher. italian markets seeing green by 2.5%. how do you make money in these markets? here's what a couple of investors have been telling us this morning. >>> if you look at the change in direction of trade china is much more important than the u.s. or the euro area are. once we have a floor under china growth expectations and that will eventually happen but once we have that then that is undoubtedly the time to bu

courtney ragen is live at the nasdaq with more. >> the nasdaq composite did begin the session with gainsolding on to them. but off session highs, i think it's fair to say there's apprehension about how long the board and the charts are going to stay green and look this way. more stocks are turning negative in the nasdaq 100 over the last hour. yesterday's late-session fade still fresh in investors' memories. the nasdaq was the index that held onto the gains the longest before eventually it succombed and closed lower. the tech sector leading. consumer discretionary not far behind. big momentum players are among the top gainers at the nasdaq. if you look at a couple, netflix of course gaining again. off session highs and still down 14% for the week, off 19% from most recent highs. apple higher again today. oodle about 15 points or so to the nasdaq 100. still down 7% for the week and 21% off its most recent highs. so still room to run as we watch some of the momentum names continue to climb an and try to get back to where they were. breaking down the tech sector into subsectors, the s&p and

this is in a minute. >> and also the nasdaq. >> the nasdaq i'm watching as well is is down. >> there is your 600. >> yeah. it's actually having a hard time. down it looks like the nasdaq is down about 3 .5% as well. but honestly the screens are having a hard time updating here as we look at this live. we will keep an eye on the markets. certainly people investment accounts. retirement accounts. they were talking about the long term. >> we'll be keeping an eye on that. welcome back to mornings on 2 i'm bruin flores in for dave clark. >> good morning, i'm pam cook. it is 6:32. steve has been watching the markets as well. >> i've been fortunate to be on the floor of the new york stock exchange. >> and i worked on a trading floor. it will be a very stressful day. >> you were in the old pacific stock exchange. >> for a bit. and on the trading floor of montgomery security. >> we do have over cast conditions. not much changing here until maybe the weekend. possibility of some rain. i'm doing my best for mendocino county and lake county. everybody could use it but boy could lake county use i

nasdaq down 31.ou're watching "fbn:am," your very first look at morning markets and breaking news. ♪ ♪. >> let's get you a market check. futures right here in the u.s., the dow is down 10points, looking better than earlier. s&p down 13 1/2. nasdaq giving up 23 points this friday morning. >> had a couple good days, up almost 1000 in last two days. almost time for apple to unveil the new iphone. you have been waiting. the company sent out invitations for journalists for the september 9th event. apple is expected to reveal iphone 6 s and 6 plus s and potential, by the way those are already out. i guess they're revamping them? >> no the 6 and 6 plus are out. these are the 6s. they didn't go with the 7. >> that makes a difference. apple tv box. you want to know what apple closed at? 112.92. >> i hear a new color perhaps for the new iphone. some people get into that. all the bells and whistles. people will line up for them as you know. let's talk facebook, first time ever, more than one billion people logg

the nasdaq is green was again.bout the big market stories of the day and of the week. it has been quite a week for the major averages. you can cbs a be and dow are still negative -- you can see the s&p and the dow are negative. take a look at the sector moves. i want to talk about how they have done as well. what we're seeing today has mirrored the move we've seen this week. energy is the top performing group today and utilities are the worst performing group today. that is what we have seen for the week as well. take a look. you can see the energy index up more than 4%, it's best week since about february. utilities down 5.5 percent, sharp losses for that group. when you look at the underlying drivers, you can see what has been going on. oil prices have had a big week for the week come up nearly 12%. that is the biggest gain we have seen a more than four years. the 10 year yield, when we see guilds move higher, we tennessee utilities get hit because they have relatively high debt. a big increase this week, the big

dow, s&p and nasdaq down more than 3% on the session today. its damage and devastation across the emerging markets this week. that's fueling worries about a global growth slowdown. sara eisen joins us. so much of our focus has been on a sell-off here. how bad beyond our shores? >> carnage across emerging markets currencies. that has people worried around the world. first up, the dollar against other currencies here in emerging markets. you are seeing a broad sell-off from asia and beyond. you call this the trump chart. you are looking at presidential front-runner donald trump told chuck todd mexico is devaluing its currency on purpose to steal growth us from. this shows mexico has been getting caught up in a very proud and powerful global sell-off this week in emerging markets. until recently, the story in the currency markets has been how strong the dollar has been against everybody else. doll yoor against emerging markets there in red. dollar against g-10 or major currencies in blue. the dollar is soaring against emerging markets. this is no

nasdaq up 9. just for context here, we're talking about a market, if i can find it for you this morning, the dow at the lows of the session, down 277 points. the s&p was down 32, the nasdaq down 91. this is a turn around. >> our favorite indicator. here we go. the s&p 500 heat map, the -- i'm surprised it's that -- >> evenly split. >> green at this point. it's 50/50 looks like right now with the index up one and change at the moment. >> fighting it out here as we head into the close. >> we've got our bob pisani and bertha coombs coming up. >>> and then after the bell, we've got cisco systems and news corp. we'll get you instant analysis from our pros. keep it right here, you're watching cnbc, first in business worldwide. >> flow through. music: etta james "at last" (plays throughout) ♪ sometimes, at last doesn't happen at first. ♪ ♪ your dad just kissed my mom. ♪ turning two worlds into one takes love. ♪ helping protect that world takes state farm. so you're a small business expert from at&t? yeah

s&p is down 34, nasdaq is down 93. we're watching for correction territory for the nasdaq, 4708.about 75 points away from that. josh lipton is in san francisco with a look at some of the biggest movers in tech this week and it has not been a good week for that space. josh? >> tech sector, the second worst-performing sector this week, now on track for one of its worst week so far this year. more than 30% of the tech stocks in the s&p 500 in bear market territory. down more than 20% from their most recent 52-week highs. and that list includes companies like micron, sandisk, which is down hard. also finding its fans, craig ellis of b. riley said he took sandisk to a buy, knowsing that pricing, margins, design execution all improving. other names deep in the red include yahoo, down more than 30% year to date and first solar. in addition, 60% of tech in the broad gauge in correction, off 10% from the recent highs, that list includes oracle, emc and salesforce, though that stock, salesforce is in the green today after the last earnings report. pleased the streets so mark benio benioff'

nasdaq down by 137. major averages close to 3% drops today. is director of research at pension partners, manager of the inflation rotation fund. and, charlie, it's great to have you on a day like today. >> good to be with you. >> we pieced together what happened throughout the morning. it seems a picture where you have this overwhelming sentiment about potential weakness in china or continued weakness in china, coupled with algorithms here and you saw what we saw this morning. how should we position into midday? >> investors should take a step back and not panic. panic is never a good thing and take a look at where we are and what's really changing. the environment over the last three years has been highly unusual. we've been living in the outlier. we haven't really seen a period like this in history where the s&p has gone up, up, up, up, up -- always up over the past 6 to 12 months. that changed at the end of last week. that's a big change and investors should be prepared for more volatility, more risk management. there's a balance between ri

the nasdaq also breaking it's 200 day moving average.h of is that a worrying sign for investors? >> i think that, you know, investors shouldn't watch all the data gyrations but we have serious issues in the markets. the dow itself put in the death cross which is where the 50 crossed over down below the 200. the russell itself is now in correction territory so i think there's a lot to worry about. i don't think we have really solid data. i think it's actually very weak based on how much money and how much easing the fed is trying to put together. we're starting to break down a little bit. the russell the most, the dow next. s&p and nasdaq are still close but i do expect to see overtime here even if we're going to go lower you will see vicious rallies here that will give traders a chance to sell into the rallies. >> gold is shining rallying to a 6 week high. what's contributing to this move? is this just market turbulence or is there something else at play here? >> you know, i think what we've seen here is we have seen a commodity crush. w

the nasdaq up 3.5%. 500 down and the dow going more deeply into the red come at its lowest since mid-december with a decline of -- into the red, at its lowest is mid-december. this is boiling over into the stock market. initially, the selling was concentrated in commodities because many of these countries are dependent on production of those commodities. ofchina, they are consumers commodities. it seems to have boiled over and has affected stocks. when weighted measure the sentiment -- one way to measure the sentiment is to look at the foot to call ratio. at my bloomberg terminal. this is from a story today. ratio. the put to call sentimentflecting the to the direction of where the s&p 500 is going. the higher this is, the worse the sentiment. another measure is the stock we have been watching closely. earlier, we talked about fat five. twitter has not been so fab. stock that gets pushed around a lot on days like this. pushed around so much that twitter earlier today touch the low was price. take a look.

the nasdaq is down to a fresh one-month low.re is also further sign the dow may be headed for a longer-term decline to stop this year is the gpo function if you want to follow along on your own terminal. we talked about this yesterday. this is the dow death cross. i will say day too. basically, the 50 day moving average which is represented by the pink line has crossed underneath the 200 day moving average represented by the yellow line. when that has happened in the 2007, the 2011 and dow has fallen even further. today we already know we are seeing that fall. you can see more if you are a bloomberg terminal subscriber. 'sth china slowdown and yuan devaluation hanging over the markets, take a look at some stocks that measure exposure -- major exposure. apple is down more than 2%. paring some of those losses, now down 1.5%. extending his life from july 21 when it announced worse than expected iphone sales. yum is getting sour, down by nearly 5%. this is at its lowest since april 8. yum! brands have more than 50% exposure to china

the nasdaq and tech shares down .7% as well.ow you some of the biggest leaders and the laggards . mostly we are talking about laggards. energy is down the most, 1.2%, followed by materials, 1.03%. the energy sector yesterday was the biggest leader and now it has turned around for the other corner. now let's look at some individual stocks, and some of those falling are these. consol energy down 6%. eog resources down 4.3%. that is your to date down 18%. the company will halt growth as the price of oil has fallen. was $5.3e last quarter million versus $706 million a year ago, because of all that oil oversupply. marathon also down 3%. take a look at the oil price. down by just over 1%. $44.18. headed for its sixth week of losses as we head into the weekend. opec's biggest producers are still doing a lot of oversupply. it turns out the five-your average is 100 million barrels higher. finally, treasuries. this is the two-year. i want to bring this up because of what is happening with payroll data. shorter-term treasury prices are fal

the nasdaq up 1.2%.missed any -- any -- of the big stories over the past hour, please visit our website at powerlunch.cnbc.com. >>> take two interactive is set to report earnings after the closing bell. stock up 12% in just the last month. is now a good time to get into that stock? that's ahead on "power lunch." you're watching cnbc, first in business worldwide. i accept that i'm not 21. i accept i'm not the sprinter i was back in college. i even accept that i live with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. but i won't accept giving it less than my best. so if i can go for something better than warfarin, ...i will. eliquis. eliquis... reduced the risk of stroke better than warfarin, plus it had less major bleeding than warfarin... eliquis had both. that really mattered to me. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal blee

the nasdaq shed 171 points. the s&p 500 lost 64. and for the week all the major indices were off more than 5%. next week's going to be a tricky one, i think. >> oh, yeah. >> that will do it for "nightly business report" for tonight. i'm sue herera. thanks for joining us. >> and thanks from me as well, i'm tyler mathisen. have a great weekend, everybody. inject plenty of liquidity. we'll see you monday. gwen: something trump and getting out from under the nagging questions about clinton's emails. is either thing even possible? we explore tonight on "washington week." donald trump takes on jeb bush. >> i don't see how he's electable. gwen: bush fires back. >> this is not about the big personality in the room but how do you fix problems that the broken? gwen: but the person in the room is undeniably big. >> thank you. gwen: and other candidates are struggling to stand out -- on foreign policy. >> i know more world leaders on the stage today than anyone else running. gwen: on health care. >> on my very first day as president of the unit

a top technician reports why it could spell trouble for the nasdaq.s of twitter hitting a record low continuing its slide after a rough earnings report last week. can it recover? we got details after the break. much more "fast money" straight ahead. i called for help as soon as i saw her. i found her wandering miles from home. when the phone rang at 5am, i knew it was about mom. i see how hard it's been on her at work and i want to help. for the 5 million americans living with alzheimer's, and millions more who feel its effects. let's walk together to make an even bigger impact and end alzheimer's for good. find your walk near you at alz.org/walk. can it make a dentist appointment when my teeth are ready? ♪ can it tell the doctor how long you have to wear this thing? ♪ can it tell the flight attendant to please not wake me this time? ♪ the answer is yes, it can. so, the question your customers are really asking is, can your business deliver? oh, thank you,i like your place. make yourself at home i'll be right back. hm. she's got x1. alright. huh, hm,

the nasdaq shed 171 points. the s&p 500 lost 64. and for the week all the major indices were off more than 5%. next week's going to be a tricky one, i think. >> oh, yeah. >> that will do it for "nightly business report" for tonight. i'm sue herera. thanks for joining us. >> and thanks from me as well, i'm tyler mathisen. have a great weekend, everybody. inject plenty of liquidity. we'll see you monday. ♪ ( sandra laughing ) how can strickland afford to keep a boat in a place like this? i couldn't afford to fish in it. gerry: when i was a kid, this whole place was a toilet. literally. a few yards down the road, the biggest sewage plant in bermondsey. thanks for that precise mental image. why does he have to drag us all the way out here? i think it's very nice of him to take us for a sail. it's his way of saying thank you for all our hard work. i'd prefer hard cash. sandra: oh! oh, dear. be careful. shut up. ha ha ha! which one is strickland's? g-7. must be the mooring number. g-9, g-8... must be this one.

s&pes nasdaq and the dow. we have what? 40% of the dow stocks are in bear territory they have been hahammered. >> absolutely, so question is, is this a entry point, you will have gate guests -- great guests, but the file feeling is, if your money on sidelines today is not the day to put it in. it is like catching a falling knife. lou: you like that falling knife and dead-cat-bounce. >> you wait, you leave it where it is. you don't sell. any expert will tell you that. you wait for a pullback or a little bit of a bowen off the lows -- bounce off of the lows. lou: terrorist --erifi ter -- t. council to all investors out there. >> keep an eye on china, oil and fed. lou: 6 1/2 -- >> they are so enter twined. lou: to think about crude oil right new near $38 a barrel. it has been quite a run this is, this has the feeling to me, of something very different, and as nicole suggested. if you think about looking for a bargain, i will tell you, i would not get near this market. >> but this is a crazy market with oil 6 1/2 year lows, and

the nasdaq, the outperformer of 4.25% adding 191 points.ng out the declines of 199 points there on monday and tuesday for that index today. tech stocks were outperforming. let's send it over to courtney reagan for more. hi, court. >> good afternoon, kelly. what a final hour of trade. the exact opposite of yesterday. we saw that downward move until about midday and things started to climb higher. if you take a look at the technology sector, we led all day. best day in four years. and take a look at the biotech etf, the ibb. this actually went negative right before 1:00. you can see it just ever so briefly. and it ticked up higher by more than 5%. its best day since april of 2013. look, again, at the internet software and services. a further drilldown into some of the tech strength we're seeing here. look at this, a gain of 6.4% for this group. really just strength across the board. take a look at the chip sector. why not? we're running through them all. look at the strength toward the end of the day, nice move higher there. really strong mom

nasdaq back.entiment number and oil of course, seven weeks in a row to the downside and six 1/2 year lows. maria: thank you so much, nicole. have a great day. i'm maria bartiromo. happy friday to you. it is friday august 14th. with me this hour fox business network's jo ling kent. criminal defense lawyer, art ture aidala and jack otter of "barron's" mag even. straight uotta uranium? white house using the meme but not without backlash. people on twitter saying this is not being treated in serious way and it is not true because iran will still have uranium. associated press reporting one discussion detailing the u.s. drone operation and another pointed to highly classified material in improper manner. this is one of the topics we talk about when we get into the 2016 race with gop presidential candidate carly fiorina. she will join my in our 8:00 p.m. eastern hour. please join us for that special interview. >>> isis fighters using mustard gas, at least u.s. officials believe they likely used them aga

nasdaq up about 105 points. this as asian markets continue to sell off.he china market is losing about 7.6% in today's trade although the hang seng slightly higher on the day. the nikkei 225. the japanese stock index losing about 4% but despite the volatility in asian markets, european stocks very close to session highs rebounding here on tuesd tuesday. we're up about 3% in today's trade. this after the past one month european stocks lost about 10.6%. how do you make money in these markets? do you want to take advantage in the drop in stock prices? here's what a range of investor versus been telling us. >> this is an opportunity to get into two types of stocks. one is the big ecosystems like apple or facebook or amazon but not all of them. we don't like alibaba in china for example and the second is to get in -- those are riding a number of technology cycles. more cycles than we've seen for a long time and the other is to get into tech stocks that are market leaders in specific cycles like fireye which is the market leader in unified threat management whi

the nasdaq gained more than 2.5%. but with that gain, the nasdaq recovered a nearly 9% plunge from earlier in the week, its biggest intraweek reversal ever. and that is just the tip of the iceberg. when looking back at what a wild week on wall street it really was. >> there is the opening bell. >> guys, the dow is now down 1,000 points. >> there was real genuine panic selling like i haven't seen in years. >> these are enormous moves. >> things that were making my eyes pop out of my head when i was watching here. >> as of this moment, it is the strongest rally of the year. we're in sort of a very strange uncharted territory right now. >> volatile final hour of trading turning this rally into a decline. >> trading less chaotic, the dow cratering into the close. >> we're now heading back up. >> the markets rebounding today, but it has been a wild week of volatility. >> for those people who were waiting and hoping that they would take advantage of a meltdown found that the clock was running out. >> markets just don't go u

the nasdaq in a correction and the dow in correction.rection of at least a 10% drop, where do we bounce from your? here? seven people have been calling for that correction and a flushing out if you look at let us look at these stock movers today we have been watching these momentum stocks. we have watched the fab five these are the leaders of the year and the momentum stocks. they are selling very sharply. these are the companies that are now dissolving. it is not just them. you just just mentioned high dividend yielding stocks as a blue-chip stock. electric like general that has dividend yields at 4.4% is also selling off. general electric down very sharply today. speaking of oil, let us look at oil prices again. commodityen oil and prices being in indicator could it is trading at the lowest since 1999 with an index of 22. crude oil 38.25. not below 40 but below 39 this morning could want to take a look at treasuries as well because we are seeing buying and treasuries as people shift yield around 1.92% is the for the 10 year. you were t

so was the nasdaq. the nasdaq has shifted into positive territory, and the dow and s&p are getting close to unchanged. scarlet: come inside the bloomberg terminal and you can really see it. we pretty much tell at the open and treaded along the bottom with the first hour of trading and pretty much have autumn that that point and have made a steady progression up since noon. we are at our best levels of the day. the s&p is little changed, the dow still down by a hair, and the nasdaq higher by .1%. the dow has now swung 257 points from peak to trough, which is a pretty wide band given the action of the last couple of days. it has been widening steadily. this is the intraday point swing. that's the most since july 8. matt: keep in mind, it was down over 200 points yesterday as well. even the we are inching back toward unchanged, we're not taking up for the losses we had yesterday. european stocks -- well, indexes are down five are sent 6%, 7%. , 6%, 7%. scarlet: we've been discussing emerging-market stocks.

nasdaq -- netflix maybe one of the best performers on the nasdaq. but we've uncovered some new facts that may put investors on edge. ♪ olivia: welcome back to the bloomberg market day. pimm: let's go straight to julie hyman for a look at what's happening in the markets right now at this rally. julie: we are seeing a little bit of an extension of the rally, going back to the highs of the session. the nasdaq is at its highest right now since december 2011. there are some superlatives to describe the increase we are seeing in the major averages. just as it was a broad-based selloff, it is now a broad-based rally. nothing but green on your screen as all the groups in the s&p 500 are higher. the groups doing best include tech, consumer discretionary and energy. jpmorgan said we are not going to see a deep correction here, while cutting its or cast 22150. upgraded consumer discretionary in particular, that group is up high about 3%. take a look at some of these momentum companies we have ,alked about -- apple, facebook apple being helped by positive analy

nasdaq is just breaking 50. still well above the 200. doesn't seem to be -- you look at the numbers it feels maybe more panicky than it really is because it isn't. people should understand that. >> i'm glad you put it that way, kenny. the question would be we're seeing a lot of damage across the stock market. are we seeing damage concomitant in the stock market. the dollar will tell us it's a general risk than sector specific concerns. >> you know, let's keep it real simple. the reason you have momentum stocks is because you have capitol really cheap for large group of people, let's say hedge guess. capital they paid very little to get. that momentum is caused by policy. we are about ready to change policy. the half empty glass analogy is spot on, bill. over the years i've seen plenty of ceos like disneys yesterday make comments that would have not affected the market now. i think that we need to keep this simple. if you look at the seven months of this year in their entirety, we're virtually unchanged on equities and i think there's a r