if you are nikkei, procter & gamble, you are nikkei, procter & gamble, you are nikkei, procter & gamblein the china market. what i think it is about his trade negotiations, areas that are really close to the us goods. for the consumer goods it is a good market. briefly, this question stop, the imf is reiterating their warning that this trade war is a massive threat to the global economy stop is it? if they don't put out this fire it? if they don't put out this fire it will have negative pressure. i think their overwhelming odds that you are unable to down in a week or two and zetas all settled. frank levin speaking to me earlier. in other news making headlines, uber is priced up $45 a share. it gives the right hailing giant a market valuation of $82 billion. raising your capital. it is the biggest ipo for a us technology company since facebook. 0ccidental petroleum has one agreement from its rival for its 56 billion dollar bid. the board said it signed a definitive agreement for a cash and shares deal that it expects to close by the end of the year. the way for a significant consolidati

the program has buy in from big companies like unilever and procter and gamble.t an inside look on how loop works. the recyclables come by barge and truck. 0ur obsession with waste is destroying the environment. melissa can get everything from her kitchen cleaner to ice cream in reusable containers. you start to think about the waste you are commentating on the waste you are commentating on the stuff you're putting in the trash. now you are saving all these bulky packages, things that are not recycla ble bulky packages, things that are not recyclable even. once melissa stops with her buttocks, she takes them back. just imagine how much less plastic we could use. this plant recycles plastics for the city of the new yorker. and just look at the sheer amount of waste. from purely financial point of view, we firmly believe that people will demand this type of change from companies, from retailers come from the industry around them. it may be that faith in reusable containers that finally overcomes the mountain of waste. samira hussain, bbc news, new york. that's it f

let's look at the big forward pe premium procter & gamble demands. we're pretty much at a record high. more expensive than s&p 500 companies in general, and that also holds true for nasdaq companies. p&g is up about 19% so far this year, and this is a stop known for his defensive characteristics, so it outperforms on a day like today when bond yields are rising at it certainly is interesting. joe: thanks, the market team. scarlet: we have breaking news on applied materials, and i mention this because semiconductors had such a down day. applied materials coming out with numbers that meet analyst estimates. analysts were looking for just under $3.5 billion. $3.4 billion was the number. aboutd materials up by 3.6% right now in after-hours trading, and of course, nvidia will be the one we watch for next. caroline: pinterest coming out right now, the first public numbers since becoming a public company. than expected, $38.4 million, so that is a beat. the $200ahead of million they were expecting. full-year revenue, they say -- at one point $.6 billion or

that's certainly not the indication i'm seeing procter go up, procter & gamble there are people playing bets to say this is going to be a not so great da john, the answer is wow, no. >> they may be trying to shake out some of buys are, shake out some flippers. maybe it going to be a while i don't know but you maybe want to try and shake them out now >> you want me to say it should be 44, 45? >> it a train wreck. >> that is not helpful >> the performance of lyft, which has just worsened throughout the session is obviously pressuring >> where are the medallion cabs trading? >> it was a a joke >> this deal is not going well for real upon important reason one is that there is an unlimited plo for of in. there will never be any blo back for drive they've dumped a ton of money with really, really bad fundamentals going on right now and lift has gone out and been a turkey be plus you have all the stuff going on that they are realizing what is happening here with has to indications. to roger's point, these long-term challenges and risks, be they execution related or regular tore has to ideas th

where ten-year yields are and i think it's the wrong place at the wrong time, and if you're going to procter & gamble in a name like p & g and i have forward p-e and why would that stock at any environment trade at that multiple and least of which the environment that you have now if 226 in the ten-year tells he what markets are not excited for and we've broken through significant support and it really doesn't look good here so defense right now, is certainly in yield plays and those that give you some kind of relative increase over the ten year, i would go to an at&t and names that also have big balance sheets that people were very worried about in a rising debt environment and a place where the business looks better and consumer confidence was out today and it was a head fake and we're at three-month highs and if you look at the ism numbers and that's what put the bond market into a buying frenzy and again, yields are going lower and people are continuing to dump money into u.s. to play defense along with the dollar which continues to rally and none of this is good for risk, to be clear. w

chart and the lines are clear and coca-cola bringing up the rear underperforming its own peers like proctercereal companies. and all of which underperforming the market, right? so coke up 50% of the market now what's happened of late? here's coke on its own the past several years and here is its relative performance. obviously it's been a dud that even as coke's gone higher it will underperform the market and not only is it up of late and it's actually outperforming the market and you can see that here the simple shape of the line and if this line is rising and it reflects outperformance relative to a benchmark moving on. another way to draw the lines. this is with the moving average. the moving average has now turned and that's a very important circumstance a bearish to bullish reversal in the relative performance of this major consumer staple to all staples, the xlp and then there's this, put it in numerical form this say bad month ask very bad may and what has coke done it's done that versus the staples versus the market and that kind of relative performance means something. here is the

she partnered with procter & gamble and the film festival to facilitate quill of color behind the camerabudding directors, helping them with production, financing and distribution >>> why do you think so many film makers are not women? >> i think it's because of status quo people are used to doing things the way they're used to doing them change can be uncomfortable until change happens >> reporter: when women are calling the shots, she says it changes everything >> these women directors get to hire women d.p.s they get to hire women grips they get to hire women who score. they get to hire women who operate cameras. to do a movie, it takes about 150 people so you're talking about 150 jobs that could be 150 women in those 150 jobs >> reporter: and for these two young directors, help from the queen has opened doors >> now i can say i have a film on hulu. the last few months i've been working in a different way i've been feeling more empowered. >> action. >> we'll remember and know those names when we see them in the credits. latifah onre more from queen >>> and a good monday morning to you

the "desperate housewives" star admitted she paid $15,000 for a procter to change her doctor's answers on the s.a.t.s to improve her score. legal experts say huffman's swift apology may work to her advantage. she is among duzs of prominent parents including lori loughlin charged with pofing hundreds thousands of dollars to get ollegeshildren into top and universities. >>> today rapp kod black will appear in federal courtr afte being arrested on firearms he was taken into custody just before he was set to perform at a hip-hop musicfestival in miami on saturday. in a statement, officials say d they've ch him with a crime in connection with weapons but didnot elaborate. this comes less than a month after he was arrested on gun and drug charges while trying to enter the country from canada. is missing ge boy from virginia, and police believe he may be in danger. ichard i did nadler oh hernandez cruz is 16, he was last seen on april 22nd on beauregard street in alexandria. forecast police want you on -- fairfax county police want you to call them if you think you >ee him or know where he mi

thingsll stop taking from small vendors and will focus on larger ones like procter & gamble, this tond compete with the likes of walmart. joining us from seattle our reporter who covers amazon for us, spencer. spencer, what is going on here? spencer: we have to look at amazon just being more finicky about which vendors it is willing to have wholesale relationships with, so this would be like a traditional retailer, wholesaler reselling to customers, possibly at a markup or a profit, and what it wants to do is have fewer relationships like those and more of these smaller vendors to its marketplace, in which case the product supplier is the one responsible for posting the products on amazon, for advertising them, for overseeing how well they are seeing and all of the management. amazon doesn't want to pay people to do that. amazon wants the smaller brands to do that themselves. emily: this would be, if it is truly happening, a new strategy in a two decades, and a spokesperson told us we review our relationships as part of our normal course of business, and any speculation of a large-sc

she paid $15,000 for a procter to change her daughter's answers on the s.a.t.s to improve the score. some say her swift apology may work to her advantage. she's one of mny including lori loughlin accused of paying hundreds of thousands of dollars to get their kids into top colleges andes universiti >>> today rapper kodak black will appear in a federal courtroom after being arrested on firearms charges. he was taken into custody just been he was set to perform at a hip-hop music festival in miami n saturday. in astatement, officials say they'v acharged him with crime in connection with apons. they done elaborate. athis comes less than month after this scene where the rapper was arrested on gun and drug charges while trying to enter the country from canada. >>> a teenage boy is missing from virginia. and police believe heay be in danger. richard dinardo hernandez cruz is 16 years old. he was last seen nearly three weeks ago on april 22nd on beauregard street in alexandria. police want ton weather he is and call -- want to know where he is and call them if you think you've seen him. >>>

when you think about those big brands, procter & gamble, sony, there's these must-have items.ing a vendor relationship ensures you have adequate supply because you are predicting the ofand of euro customers -- your own customers. you just have a more active relationship with those critical vendors. in terms of why they are doing this, it is turning the knob. what is the best mix? spencer, great skill. thank you. coming up, some democrats using an economic theory to push back against fiscal hawks. we will talk to the godfather of mmt. ♪ ♪ ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. mark: i am mark crumpton. president trump is back in washington after four days in ja

procter & gamble, they could benefit from this as well.s to all of these smaller suppliers? do they just go away? is this the death of 10,000 businesses? >> that might be extreme. for many people this will be disruptive. many businesses have been built on selling directly to amazon. a lot of businesses have also been built on selling -- the marketplace has been a bigger effect on amazon's revenue. further vendors that can find a way to survive on their own, they will still be on amazon, just not selling only to amazon. selling to amazon consumers like you and i. with the china trade war, there must be a lot of people extremely worried about this move. wise amazon doing it now? >> amazon has been happy about that growth in the marketplace so that means people can sign up and sell on amazon without amazon buying them and selling themselves. it is a model they want to press into the future. at the end of the day is less risk for them. even the small vendors are using amazon warehouses, if the stuff does not sell amazon does not have to take a

an exam procter corrected the answers on her daughter's test. prosecutors recommend huffman be sentenced up to ten months behind bars, one-year probation and a $20,000 fine. >>> 6:05 now and happening today the man charged in the disappearance of a 4-year-old houston girl is due back in court. police say there is blood evidence and new surveillance images believed to show the last time malaeh davis seen alive. she followed her stepfather into an apartment and then three days late they're same camera recorded vence carrying out a laundry basket with a garbage bag inside. he claims malaeh was kidnapped by three men who took his car. >> in the east bay big vote surrounding the a's proposed stadium. the board of commissioners will vote on a preliminary term sheet. if approved it would give the a's four years to get everything in order so they could lease the 50-acre waterfront spot for a new ballpark. >>> in the east bay finishing the set for an upcoming perfo performan performance. >> they say a contractor took their money but didn't finish the job

he is accused of paying $15,000 for a procter to correct his daughter's act exam in 2016.enlo park dad is charged with conspiracy to commit mail fraud. he is the founder and president of nate's and pj's food. napa vineyard owner admitted that he agreed to pay $300,000 to secure his daughter's admission to usc as a water polo recruit, though she didn't play the sport. her athletic profile included a photo shopped water polo picture. prosecutors will also recommend a $95,000 fine. and you can find a complete list of bay area parents charged in the college admissions scandal. just head over to abc7news.com. >>> survivors of the massive campfire are a step closer to getting more help from sacramento. the state assembly has approved a bill to speed up the rebuilding process. the campfire killed mor many survivors are still living in tents, cars, or now this bill would streamline environmental rules and exempt housing construction from the california environmental quality act. the measure now goes on to the state senate. >>> the empty lot in downtown san jose just sitting around

rebound and will a trade deal with canada be the catalyst the stock needs >> i got enough problems with procter & gamble i think that stock can go down before it goes up. boy, we're away from a trade deal i'm not that fond of that balance sheet, frankly i'm not a balance sheet aficionado of that company i think it's no go jeff in florida. >> abobooyah, jim. i purchased ntnx in 2017 at 24, saw it go down from 24 to 14, stayed with it, saw it go back up to 65, stayed with it is it going to be a takeover candidate? >> no, no. it's not going to be a takeover candidate, to my knowledge remember, i'm a vmware fan i like it a lot more than vmware it's down 12%. i think vmware is the way to go, it's my favorite in that group, what can i tell you? the chinese situation i believe is not about to resolve itself anytime soon so know what you own and trade accordingly. there are plenty of unknowns in the market one thing for certain, chinese tariffs won't stop us from spending on our cats and dogs like mad we just keep spending on 'em then you know what we're going to do? how great is this? is this like fan

how about verizon, procter & gamble, kimberly-clark now as i mentioned at the top of the stohow, allt groups will explode. you write them off at your own pearl. wh -- peril. i would say we're in abeyance. it could be a terrific place with one flick of president trump's pen or a tweet for that matter stick with cramer. to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. you should be mad they gave this guy a promotion. you should be mad at forced camaraderie. and you should be mad at tech that makes things worse. but you're not mad, because you have e*trade, who's tech makes life easier by automatically adding technical patterns on charts and helping you understand what they mean. don't get mad. get e*trade's simplified technical analysis. >>> all right. not that long ago we interviewed michelle goss from kohl's and i liked the story very much. it was tough today i still believe. i think the yield is good, the balancing is good, but bought it for the c

amazon.com are holding their breath for what could be a purge that would favor major brands like proctere, sony, lego. they are promising to reduce overhead and increase revenue. spencer is with us. what is behind this purge. why is amazon considering such a thing? spencer: if you think about amazon's revenue mix, it's e-commerce business has two parts. a retail side where advised products, wholesale, and resells them at a markup, like a traditional retailer. it also has this marketplace model consumer -- similar to ebay or consignment shops. like a matchmaker between the seller on the one hand and buyer on the other. amazon takes a commission on those sales without buying the inventory directly and taking on that risk. what is happening here is amazon is trying to shift more of it smaller vendors, people it buys through a wholesale model currently, shift more of them to this market place model, where suppliers will be selling directly to amazon shoppers, one at a time. shery: here is what amazon had to say for itself. they have said " we review our selling relationships on a normal basi

the "desperate housewives" star aditted she paid $15,000 for a procter to change her daughter's answers on the s.a.t.s to improve her score. legal experthsay uffman's swift apology may work to her advantage. she's amongozens of prominent parents including lori loughlin charged with paying hundreds thousands of dollars to get their kids into top colleges and universities. >>> today rapper kodak black will appear in a federal courtroom after being arrested on firearms charges. he was taken into custdy just before he was set to perform at a hip-hop music festival in miami on saturday. in a statement, officials have charged him, say they have charged him ith a crime in connection with weapons but did ot elaborate. this comes less than a month after the rapper was arrested on gun and drug charges while trying to enter the country from canada. >>> a teenage boy is missing from virginia, and police believe he may be in danger. richard dinardo hernandez cruz is 16 years old. he was lasteen nearly three weeks ago on april 22nd on beauregard street inalexandria fairfax county police want you to c

i'm talking about coca-cola, procter & gamble down. microsoft.hat camp, but it's not happening will we are down virtually every stock. that was my quick read on that. probably wrong, but i always get a kick out of how people pounce on these little things. i'm passing on the little things. commerce global and christopher is with me right now. christopher, the one thing that i noticed in the global markets is dealing with the presence of ships in the middle east and the u.s. what seems to be quite a few of them and stopping them and that's what stopping north korean cargo ships. i'm shocked they're just shrugging. what he think? >> good afternoon, neil. happy friday. i think the stability in the market that you talked about is directly indicative of the u.s. being able to bring so much production online and frankly the rest of the world being able to follow suit. >> so, play it out for me. you have made a case when oil was falling and the talks suddenly look like they were dicey when the president was promising to slap on a 25% tax which is good or

score, an exam procter corrected the answers on her daughter's test. prosecutors recommend huffman sentenced up to ten months behind bars, one-year probation, and a $20,000 fine. >> ultimately the judge could find her to be a good candidate for probation, meaning she gets off without any prison time at all. >> huffman expressed regret and shame in a written statement saying her daughter knew nothing of her actions. meanwhile actress lori loughlin is choose to ing to fight the charges, accused of paying half a million dollars to get their daughters into usc as recruits for the crew tehere's a big vote surrounding the a's proposed stadium at howard terminal. the board of commissioners will vote on a preliminary term sheet. if approved it would essentially give the a's four years to get everything in order so they can lease the 50-acre waterfront spot. there is controversy surrounding the plan. >> you're not listening to the people who work, they're listening to the people who have the money. they build the stadium and/or condominiums and a hotel it would

the cloud kings, and that's really saying something they want some, cisco, huge win, geico, buffet, procter & gamble, zmax, airbus terrific human capital should have gone to s.a.p. or oracle oracle got slammed today the pull back was totally predictable. it was cruising for a bruising even with great numbers. but today's action sends a chilling message even if you shoot the lights out, do an amazing job, it won't matter your stock is going to be sold now there's nothing wrong with workday. i'm sure you look at the stock and say, cramer's wrong. i followed this company from the essence, from the beginning. i think the stock will have no problem bouncing back eventually however, why would you want to own stocks at all if a company can report an amazing quarter and its shares still gets crunched if workday had pulled back a few bucks, that's one thing. nine bucks, that makes you feel who's saying this? fourth, there's a horror show that is retail we had some weak reporters from canada goose oh, my, did you see that i talked to the ceo. he's taking a long-term view if you own the stock, you're

you go on for months and months on end into the end of 2019 with tariffs on another $300 billion, procter & gamble, doesn't matter, your defensive names, all the global names will come down because global earnings will come down. your numbers have to come down at some point. >> bob, thanks very much bob pisani >>> the bond market buckling in for the trade battle the yields on the 10 and 30-year fresh requires hitting their lowest level at the couple of years. rick santelli, bob said the strong dollar isn't helping either >> the strong dollar had a u-turn today february 2018 last time two-year note levels were down at this level, nine basis points, as kelly said, depending on what part of the curve, we're value soft the long end is key in many traders and investors eyes, it's the last holdout in terms of important levels it was holding, 237 for 10s. the two-day chart we traded down think about this boone yields are at minus 12, minus 19 from july 2016 as their most negative low yield close in history and only a short amount, seven basis points away. so ten bund spread hovering around 2.43.

peter sartorio is accused of paying $15,000 for a fake procter to correct his daughter's act exam in the menlo park dad is charged with conspiracy to commit mail fraud and on a services mail fraud. he is the founder and president of nate's and pj's food. napa vineyard owner could spend over a year in prison after pleading guilty yesterday. he admitted he agreed to paying $300,000 to secure his daughter's admission to usc as a water polo recruit even though she didn't play the sport ncht addition to prison time prosecutors will recommend a $95,000 fine. you can find the list of bay area parents charged in the college admissions scheme. just head over to abc7news.com. >>> survivors of the massive a getting more help from sacramento. the state assembly approved a bill aimed at speeding up the rebuilding process. the campfire in november killed more than 80 people and destroyed thousands of homes in butte county. many fire victims are still living in tents, cars or temp rather housing. the bill would streamline environmental rules and exempt housing construction from the california envir

in court, prosecutors showed documents between huffman and singer, the two making a deal for a procteraughter's s.a.t. answers, boosting her score. the government also said they had proof the payment came from huffman's account. huffman wrote in a statement last month, my daughter knew absolutely nothing about my actions and in my misguided and profound lly wrong way, i have betrab betrayed her. this transgression towards her and the public,ly carry for the rest of my life. in exchange for her guilty plea, prosecutors recommended to the judge that huffman get four months in prison and is spared additional charges. it's possible she may receive no time at all depending on the judge's decision at sentencing. it's a much different path than actress lori loughlin, who was also implicated in the scam, but instead facing 40 years behind bars after she refused to plead guilty to the initial charge. >> becky is still happily married to jesse. >> reporter: the actress best known for her role on "full house" maintains she did not wrong. a source tells cnn that she maintains she did what any othe

procter & gamble, geico, and quicken are three of the smartest companies in the world.co obviously buffett, i hope gilbert gets better fast he is genius p and g, undisputable. how come you're winning these companies that truly are managed by the smartest people on earth? >> well, that's nice of you to say. i think they're three extremely well-run companies dan happens to be a friend i wish him the best as well for a speedy recovery. all these companies are going through a transformation, a digital transformation for their hr and finance operations. we were fortunate to get an early start in the cloud we have an architecture that scales to the largest companies in the world, companies like walmart and amazon use workday, and so it gives these companies comfort that we can get there. we've done it all with natural cloud architecture, and we do it with high levels of customer satisfaction all those customers i'm sure talked to many before choosing us. >> people got to understand there's a lot of times that companies are very much deeply invested in oracle i don't mean to s

cut costs ands to focus wholesale purchasing on major bands like procter & gamble, sony, and legal.have to win customers one by one. shery: apple has unveiled its first updated ipod touch in four years. it will cost $199. it will support new services, including apple tv plus and apple arcade for games. it was an instant hit when a came out into that someone. in recent years, it has been overshadowed by the iphone. tol: before we hand over "bloomberg markets: asia," let's look at how we are trading now. a lot of red. nikkei lower by 1.6%. the kospi up by 1.13%. in australia, up .9%. more to come. this is bloomberg. ♪ ♪ to "bloomberg markets: china open." five beijing. -- live in beijing. david: your top stories. equities yielding the bond rally. concerned sending global stocks down, bonds higher. the u.s. sparing china, but keeps it on the watchlist. singapore, vie

so this is not a kraft heinz this is a defensive play that growing like a coca-cola, like procter & gambleormed in this market, growth and defense in a tough economy. and dividends. >> helpful >>> we're watching the market bounce a little bit here down 161 >> when we come back, ceo of hilton hotels on the state of chinese tourism in america the trade war and the fight against airbnb a quick check as carl just mentioned on where we are at this hour. off the lows of the session, still another down day s&p is off half a percent. sell-off into the close yesterday, five down weeks coming into this week as trade war concerns continue to rattle this market. especially with bonds. we'll be right back. see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's ta

huffman answered, yes, your honor, when asked, are you guilty of the charge huffman paid $15,000 for a procterosecutors recommended a reduced sentence four months in prison and a $20,000 fine but missing from huffman's side, her husband, actor william h. macy he last appeared in court with her two months ago while macy was repeatedly named by a prosecutors in the indictment, he hasn't been charged. >> are you sorry for what you did, sir >> reporter: nearly half of the parents charged in this case are expected to plead guilty but others have decided to fight, like actress lori loughlin and her fashion designer husband mossimo giannulli. the couple who faces up to 40 years in prison are accused of paying half a million dollars in bribes to get their daughters into usc according to "people" magazine a source close to the family says the couple believes going to trial is their best chance for redemption and avoiding jail, but could that strategy backfire >> lori loughlin is risking a substantial prison sentence by going to trial instead of pleading guilty. she may even end up pointing the finger a

cost you at the beginning of the '90s, 100% per year cash on cash from what you paid for mcdonald's, proctermpany like that. these are both companies that we own and that is the type of thing that we're looking to do. now, someone can come and say hey, you're going to miss out on the great growth of say a netflix or something. i agree, they're not going to be the dividend payers in the early stages of a company, but i look at cisco and intel and microsoft and qualcomm, they were the netflixes of the 1990s. they are now more mature companies with steady cash flows that are paying very generous and repeatable growing dividends. we are happy to buy a company when they are in that phase because our mandate is to protect client capital and grow income over time. neil: maybe they don't want to add another dollar to the investment, just the appreciation through the dividends where you can buy more or start taking it out for retirement. you don't get with a company that doesn't do that. >> that's right. i think there's that two-pronged benefit. for an accumulator like myself who is not withdrawing f

something is doing nothing and having spent 5 1/2 years on the ground working in washoe years ago for procter & gamble, having managed the asia-pacific week for five years for loud computing company, i have a lot of experience what it's like to do business on the ground there in that part of the world. i will tell you that we need results. i think we need them soon. as i travel around the state of montana i hear concerns from farmers and ranchers, the number one economic driver in montana is a altar. we are very dependent on exports in fact 70 to 80% of the week rob goes to asia. i also hear concerns from folks being impacted by tariffs and uncertainty outside of montana, including businesses that make up montana's outdoor industry which is about a $7 billion outdoor economy. in fact, one of those is sims, they are right there in my hometown of bozeman, to maximize the effectiveness of the administration's effort and to reach a resolution in this dispute is quick as possible i believe it's critical that we work with our allies in a multilateral fashion to confront trade abuses, and increase p

so virtually 26 of the dow 30 are up with the exception of visa, travelers, walmart, procter & gambleissues benefiting on the notion that the trade situation is not as big a deal for investors today. that can change on a dime, often does. one day is different very much from the next, to say nothing about hours within the day. then there's the issue of iran. apparently we are about to sort of get an idea of what was the intelligence that we were exposed to or got that prompted this big buildup that's happening as we speak in the persian gulf. more on that after this. ♪ [spanish recording] so again, using "para", you're talking about something that is for someone. ♪ pretty good. could listening to audible inspire you to start something new? download audible and listen for a change. termites, we're on the move.24/7. roger. hey rick, all good? oh yeah, we're good. we're good. termites never stop trying to get in, we never stop working to keep them out. terminix. defenders of home. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we bui

procter & gamble, hershey's, general mills, colgate and pa palmoli palmolive.e sectors didn't participate. we usually get a bounce on industrial names and yet caterpillar, 3m didn't participate. getting harder to push them up another group, retail stocks also very exposed to china nothing really going on in that particular part of the world either guys, back to you. >> bob, thank you. let's head back to the nasdaq for biggest mods movers there. bertha coombs joins us with more bertha >> cisco definitely set the table with strong earnings and we will a very confident outlook saying it's already anticipated this latest hike in chinese tariffs and that along with microsoft, google and amazon or rather alphabet really has been what's been driving the nasdaq to near parity for the week. really erasing its losses. on the other side the big drag remains apple. those much more exposed to china. apple today down again on pace for its first time having back-to-back weekly losses since last year. and & chip stocks as well both of them down double digits for the week on to

procter & gamble, monster. got sales exposure the trickier question is who's importhd the most from mexico and selling here according to sanford bernstein colgate actually manufactures base anti-cavity toothpaste in mexico and also some of its health care products and estimates it's 2% to 3% of total revenues coke and pepsi we know source oranges for some of their juice businesses in mexico for coke coleate super fast growing craft beverages like mexican coke, topochico do come from mexico. but bernstein says it's in the low single digits in percentage of sales also notable pepsi just announced a few weeks ago it's going to be investing $4 billion in mexico starting this year to open the company's first plant in the country in 20 years bad timing obviously won't take a hit but the whole theory was that plants are being opened there. you don't want to produce in china. it's close proximity to the american consumer. it's much cheaper in terms of labor. and we're moving toward a trade deal between the u.s., mexico

your johnson & johnson, procter & gamble flattish to slightly down a little more differentiation today. we had retail stocks hitting 52-week lows yesterday this morning at the open they were also down again they have rebounded a little bit. but a lot of these names have significant china ex-poebz, tariff exposure i'm talking about. many of them have tried the brands, for example, that of course source much more in china and therefore they're getting hit a little bit more. some of these names like american eagle, gap, l brands, all notably to the down side in the last several days. and of course double-digit declines there finally i want to show you uber because on a big up day with the dow jones industrial average uber is up, moving up through the day, but still pretty modest now just $38 >> meantime, the nasdaq coming off its worst day of the year. let's get to bertha coombs for what's leading the comeback there. hi, bertha >> we're in a broad rebound with tech outperforming nasdaq health care and consumer names. apple moving out of bear market territory just barely. despite a jpmorga

. >> did i mispronounce that >> how about something boring like cisco systems, procter & gamble. >> versace is down 20% in the last month trades about eight times earnings, one times sales, and has three tremendous brands that all the negative is already factored in. expectations are looking very, very low. >> he sees you j & j and raises you one texas pacific land trust, craig >> not many people know about it we've been in the stock for 20 years. they've got 900,000 acres of laid in the permian basin area there's a battle going on for cell of this thing there's an investor group that owns about 25% of the stock that wants to make it a kre corporation. instead of making it passive, they want to make it more of annive organization. >> i've got to get to waiter holdings because it's spelled wrong, w-a-i-t-e-r. >> they're in the small markets. it's a real crowded space with grubhub and doordash on the upper end. this ire in 24 cities, restaurants. very small market. it's backed by -- the biggest holder is tillman fehr tia we think that's one of them? that's one of our colleagues thank you crai

procter & gamble wants us to stay. general electric wants us to stay. cargill wants us to stay. citigroup wants us to stay. johnson and johnson wants us to stay. coca-cola wants us to stay. exxonmobil wants us to stay. the walt disney company wants us to stay. not a lot of socialists on their board. though i do have my doubts about goofy from time to time. so that's our choice. we can cling to the past, we can let china win this race, or we can stand with our american companies, our american scientists, our american innovators and let them lead us into the future. madam speaker, i yield to the gentleman from south carolina. . the speaker pro tempore: the gentleman from south carolina is recognized. >> thank you, madam speaker. as a former ocean engineer i rise on behalf of south carolina's first congressional district, the low country, and i rise, quite frankly, as someone who typically votes with republicans on these motions. but not today. i hope that my colleagues on the other side of the aisle would want to engage in a constructive dialogue that addresses the devastating imp