let's get to the judge >>> carl, thanks, i'm scott wapner the long road to nowhere that's how it's been for stocks which are now barely above the level they were at the end of january of 2018. so, our question this hour is this is a breakout finally in the cards or are we setting up for another december-like drop it's 12:00 noon, this is "the halftime report. >> announcer: breakout or break down today the halftime investment committee debates the next move for stocks noted market watcher ed joins the team today he's saying the market's problems go deeper than trade. what else is there to fear all four f.a.n.g. stocks, facebook, amazon, netflix, and alphabet are now in correction territory, at least 10% below recent highs is it time to take a bite? and the chinese giant one wall street firm says buy now "the halftime report" with scott wapner begins right now. >> welcome, good to have you with us. here to debate and trade the big stories of the day, there are many as always, josh brown, jon najarian, shannon, chief investment officer at boston private wealth, meagan, the senior investmen

here's scott wapner. >> welcome good to have you with us on this wednesday. here to debate the and trade the big stories of the day, steve weiss, sarat, swron and pete najarian here, carrie firestone, rob is back of ubs private wealth management, one of forbes to be 100 financial advisors and cnbc senior economics reporter steve liesman. we begin with the markets, stocks reacting to a slew of economic reports, headlines around trade what else is new the most recent being that the trump administration plans, according to our kayla tausche, to delay auto tariffs for six months, good enough to turn the s&p positive pete, nice to see you back at the table. that's all it takes, positive headline on trade and the market gets swayed. >> and i think the one read i'm trying to take away from this is how far are they extending the true today talks we're talking about every single day, which is china. obviously that time frame has come and gone, we've gone back and forth with the tariffs and all this the interesting thing in the market right now is not only is there an

right now, we're down 226, get to the judge >>> carl, thanks, i'm scott wapner, trump's tariff shocker sinking stocks this hour, is a major correction now more likely than not it's 12:00 noon, this is "the halftime report. >> announcer: stocks sell off after president trump's threat to slam mexico with tariffs. 10 of 11 sectors now negative for the month. 7 out of dow 30 stocks now at or below christmas eve lows is it time to put some money back into the market the halftime investment committee is lining up with their picks. plus, a man who made the right call last year on what will happen in 2019 see what morgan creeks' mark sees now and we'll get to ahead of what could be the big movers from the asco cancer fighting conference this weekend "the halftime report" with scott wapner begins right now. >> welcome, good to have you with us on this friday, our investment committee at the table today, josh brown, gym lebenthal, steve weiss, jon najarian, shannon is here, the chief investment officer at boston private wealth. with us from raleigh, north carolina, as we said, mark, the ceo and

. >> busy afternoons ahead let's get to scott wapner and the half >> i'm scott wapner, is the biggest sector in the market in serious problem? the tech front and center this hour it is 12:00 noon and this is "the halftime report." >> announcer: tech trouble the sector is down more than 6% in the month semis, really getting slammed. down almost 15% in a month the dow is down now five straight weeks, the worst streak since 2011 with several big name sectors in correction territory, do investors need to prepare for another big drop and a big move on boeing >> you're going to get a major correction you're going to get a buying opportunity under $300 my number is $288. >> reporter: o'leary just changed his mind see why. plus, the biotech giant goldman-sachs just slapped with a sell "the halftime report" with scott wapner starts right now. >> good to have you with us on this tuesday, welcome back from the holiday weekend our investment committee is here, joe trr, jim lebenthal, we begin with a look at tech and those new fears that one of the best trades in the market over the past but years

"t hfte po" with scott wapner and the traders is back in two minutes don't worry. voya helps them to and through retirement... dealing with today's expenses ...while helping plan, invest and protect for the future. so they'll be okay? i think they'll be fine. voya. helping you to and through retirement. >>> i'm courtney reagan with your cnbc news update. special counsel robert mueller said that charging president trump with obstruction of justice was never an option. this due to justice department guidelines that prohibit charging a sitting president >> if we had had confidence that the president clearly did not commit a crime, we would have said so. we did not, however, make a determination as to whether the president did commit a crime >> national security advisor john bolton said that attacks on oil tankers off the coast of the united arab emirates this month were the work of, quote, naval mines almost certainly from iran bolton decliened to comment on the specifics of the investigation. >>> customer satisfaction among airline travelers is at an all-time high. t

let's toss it to the half. >>> john, thanks, i'm scott wapner is the market set for a correction no mattert the outlook on trade and werethis too expensive to begin with the legends are here to weigh in it's 12:00 noon. this is "the halftime report." >>> what a great time for a class reunion. ga belly and cooperman, two of columbia business schools successful investors, both class of 1967, are with us today live and exclusively. we're talking tr

"the halftime report" with scott wapner starts right now. >>> welcome. good to have you with us on this thursday here to debate and trade big stories of the day thus far, jenny harrington, ceo and portfolio manager gill bin hill asset management and juul financial founder manage manage director as well a pop at the pop, stocks now climbing above friday's close. pete, that's pretty impressive seeing we put in the worst week of the year. now we erased monday's loss as well >> we were talking about the bib move yesterd big move yesterday because of what president trump decided to do and push it out six months, did it buy them time i think it did i think it's bought them time and they can refocus on the earnings when you look at walmart and cisco, people are looking at the numbers saying, you know what, we're going back and looking at the last quarter, it sure looks good and guidance as well that's impressive, scott we know vision forward is very difficult for all of these major companies but cisco particularly just said, you know, the thing is china is an i

here's scott wapner.

. >> busy afternoons ahead let's get to scott wapner and the half >> i'm scott wapner, is the biggesttor in the market in serious problem? the tech front and center this hour it is 12:00 noon and this is "the halftime report." >> announcer: tech trouble the sector is down more than 6% in the month semis, really getting slammed. down almost 15% in a month the dow is down now five straight weeks, the worst streak since 2011 with several big name sectors in correction territory, do investors need to prepare for another big drop and a big move on boeing >> you're going to get a major correction you're going

e "halftime report" with scott wapner and the traders is back in two minutes >>> welcome back several big name speakers at the ira sohn conference. this morning it was all about the next wave of investors and portfolio protection leslie picker is with us live with the highlights thus far les? >> hey, scott. that's right the next wave presenters are seen as the up and coming hedge fund managers. a lot of them talking about the potential for their picks as it relates to china and a slowdown there, as well as how their picks might perform if the overall economy begins to slow down, which is some commentary we haven't heard as much over the last few sohn presentations in years past. matthew smith of deep basin capital pitched a long in cabot oil and gas saying it was a unicorn in that industry a play on the marcellus shell. cabot has about 18 years worth to drill he said it could yield about 80% up side and he believes there is limited down side in investing in that stock. we also heard from angela aldrich of bay berry capital partners she pitched a short in a company called treasury wine

. >>> carl, thanks, i'm scott wapner the trade tensions driving stocks lower just noise? or is it really nervous time for investors with a rally that has come too far too fast? it's 12:00 noon, this is "the halftime report. >> announcer: trade battle, the next step. we expect to hear from president trump this hour as the stock market hangs on every word >> you've got an irresistible force meeting an immovable object where both the premier of china and the president of the united states want to come across that they prevailed and didn't give in which means to me, i think, that we're going to keep seeing more tension. >> announcer: the dow has dropped 530 points in 2 days which stocks are on safer ground if trade tensions intensify? also today, one wall street firm's cautionary note to investors on a retail giant. and once uber launches, should you ride the stock the halftime investment committee is set to weigh in it all starts now. here's scott wapner. >> welcome, good to have you with us on this wednesday, here to debate and trade the big stories of the day, joe, amy ras

for that, we're going to start with the judge and the half. >> carl, thanks, i'm scott wapner, with a apple is the key to your money if that stock can't stabilize, can the only overall market? it's 12:00 noon, this is "the halftime report." >> announcer: trade war casualties, tech, industrials, retail and beyond. we'll show you the stocks and sectors most likely to bear the brunt. plus, at what point does the market stop believing? >> we were getting very close to a deal and we're starting that paperwork today so we'll see. >> announcer

i'm scott wapner, called the apple effect, that stock surging the s&p hitting another new intraday high today. the question today, how high can the flying f.a.n.g.s carry the record setting rally it's 12:00 noon, this is "the halftime report. >> did apple just silence all doubters the number one rated analyst on the symptom, tony, is with us live and exclusive to give us his first reaction as the tech sector hits a new high, we're debating how high amazon, alphabet, and the rest of the big players can go. and asking if the chip stocks are about to take the market in a very different direction a downgrade for mcdonald's, what's that say about the big picture as the s&p hits another new high the halftime investment committee is ready to go now, here's scott wapner >> okay. welcome. good to have you with us on this wednesday. here to debate and trade the biggest stories of the day thus far, jim lebenthal, joe, steve weiss, jon najarian, jenny is here the ceo and portfolio manager at gillman hill asset management we begin today with apple, that stock once again topping a trillion dollars in

i'm scott wapner this is the "halftime report." it was the most anticipated ipo in years uber hitting the market a week ago today, sinking from the outset, raising all sorts of questions about the future of its business valuations in silicon valley and more but today, one of our own has said enough is enough and is buying that stock. and that person is josh brown. >> hi, america >> you bought uber >> i did, but it's a trade it's not yet an investment pim tell you what i was thinking i wanted to let things settle down a little bit. this is basically a stock that has not moved in price in almost three years. it's been the same valuation it's been higher, but once the dust settled after the ipo, it lost 40 briefly. i saw it in the high 30s and i saw the weigh in which it was accumulated very quickly i know some of that was the way that underwriters are supporting the deal and that's fine i don't really care that much about it a week later. but i have a stop just below the 40 level i might get taken out of it and re-evaluate. it's not

. >> thank you i'm scott wapner more than half of the s&p in correction territory this is one of the greatest money managers ever, could be, preparing for a big transition what is the state of the market? it's 12:00 noon. it's time for "the halftime report." >>> one of the biggest names in the market makes a big change. today the details behind david tell tepper's decision and as the market falls, looking for opportunities for safety and high-yield etfs giving out almost 6%. investment committee is here to tell you where they stand. and the big call on a restaurant stock after its huge run "the halftime report" with scott wapner starts right now. >>> it is good to have you with us on this may 23rd. let's begin with the markets watching stocks fall pretty much across the board today we will get to the david tepper story in a bit but steve you have 286 of the s&p 500 in correction territory of those 159 are in bear market territory or worse. >> so i think it's a great time to buy protection. not the protection we talk about in terms of volatility but spf 30, spf 15 just go to the beach

burger trade, has to say now about shake shack's 34% run year to date "the halftime report" with scott wapner starts right now. >> and it is good to have you with us on this friday to debate the big stories of the day, joe terranova, josh brown, liz young is back. we begin with another strong day for shares of tech stocks due in part to word that warren buffett's berkshire hathaway has been buying amazon steph, you own it. you've owned it for a long time. i remember when you said it on this program what do you think of this one? >> i was surprised, obviously. it's had a nice run but the total addressable market is still such a powerful story for this company and for a lot of the technology stocks in general, and it's one of the reasons why i am overweight technology, but this company just put up 19% revenue growth, 27% gross profit growth, margins grew 300 basis points in both cloud and e-commerce i mean, they're generating -- i mean, aws alone is going to generate $35 billion that's about as big as salesforce.com will generate in revenue this year so it's really powerful there's a lot of gro

. >> "fast money" starts right now live from the market overlooking times square i'm scott wapner in for melissa lee. our traders on the desk are tim seymour, karen finerman, tim grasso and dan the top tesla bull and plus foot locker getting stomped on. the stock down 10% and one of our traders looking at the stock right now as we speak, literally right now. he has the details and we start with the fang inferno. facebook, amazon, netflix and alphabet down 10% as trade tensions escalate. should we be about this fang mess. >> we've had these bouts where fang left and that's been a place for concern and if you think about times where people are questioning global growth it hasn't been in this environment and i look at netflix and facebook and those were rebounds off of very difficult decembers and falls deep into the end of the year and the fact that they pulled back aggressively after such an aggressive move higher not a huge surprise and google is disappointing and amazon is disappointing and all we've done this week is talk about retail and amazon should be the one that doesn't have

should you "the halftime report" with scott wapner starts right now. >> welcome, good to have you with us on this wednesday. here to debate and trade the big stories of the day, joe, pete, jon najarian adam parker, the ceo of trivariate capital management, lp let's begin with the markets, zero in on apple today goldman-sachs cutting the price target to $178 from $184 also offering up fresh concerns about how much earnings might be at risk if the trade war gets worse. pete, i'm turning to you on this they cut the price target. does goldman-sachs they're talking about -- if there's a, like a retaliatory ban because of the huawei thing, they're looking at a possible eps hit of 29%, more than $3 a share. your favorite analyst, katy huberty of morgan stanley out today, worried about additional tariffs being a $3 hit apple's going to have to absorb the cost, which she calls the most likely scenario how big of an issue is this? >> i think it's a pretty big issue, obviously i think this is something that can't be looked past because of the fact that we don't know when and if we're ever going t

. >> carl, thanks, i'm scott wapner, with a trade war takedown of apple is the key to your money if that stock can't stabilize, can the only overall market? it's 12:00 noon, this is "the halftime report." >> announcer: trade war casualties, tech, industrials, retail and beyond. we'll show you the stocks and sectors most likely to bear the brunt. plus, at what point does the market stop believing? >> we were getting very close to a deal and we're starting that paperwork today so we'll see. >> announcer: plus how energy stocks will react as the act of terror intensify as iran becomes more of a focal point for the u.s. and the financial stock one analyst says could jump 30%. "the halftime report" with scott wapner begins right now. >> good to have you with us on this tuesday, here to debate and trade the big stories of the day thus far, joe terranova, josh brown, jim lebenthal and erin brown is back, portfolio manager. we begin the markets stocks are mostly higher this hour including apple which slipped into a bear market on monday the most valuable company on earth sliding a 20% from its m

scott wapner is it time to get cautious on the markets for the first time since '87? or the fearless fangs taking stocks to greater heights? it's 12:00 noon this is "the halftime report." >> the alarm bell is ringing. >> nobody got hurt at the register. >> is it time to take profits? the halftime investment committee weighs in with advice. plus, big moves for tesla and under armour we will debate whether they are about to see a run the bubble that led to the market meltdown last year is back with a new warning. and former nba star john salley's new bet on an ipo he's with us live. "the halftime report" with scott wapner begins right now. >>> welcome, everybody good to have you with us on this thursday here to debate and trade the big stories of the day, joe terranova, josh brown, done dejarian, high-tower treasury partner cio and one of barron's top 100 financial advisers we begin the markets and debate over whether to stay the course or sell some stocks? here's what our own jim cramer is urging investors to do. >> we had a terrific run so i'm blessing you to do some

i'm scott wapner in tonight for melissa lee. our traders on the desk are tim seymour, karen finerman, grass op and dan nathan. trade tensions escalate, but are these trade tantrums the buying opportunity you've been waiting for? we start with the ipo everyone on wall street was waiting for that's right, uber having a wild debut opening below its $45 ipo price, closing near the lows of the day, closing below its open price down nearly 8% for the rest of the market rallied and uber did not, this has investors questioning the value of the growth trade overall and the tech-heavy nasdaq down 3% this week that was the worst week of the year dan nath aan, what do you make this >> it was nothing short of a disaster an this was a massively bungled ipo and brought from the company that bungled facebook in 2012 all day long i kept hearing people apologizing -- >> sorry, who bungled it >> it was morgan stanley do you remember the facebook deal back in 2012? i mean, you know, facebook opened, you know, priced at 38 and traded at 44 and broke

i'm sara eisen >> i'm scott wapner in for wilfred frost. less than an hour to go. we'll tell you everything you need to know before this market closes >> it's two key factors driving the action today the rate scare and the trade war. the drop in bond yields sparking fears of a potential recession and china's people daily state-run newspaper coming out with an editorial saying, don't say i didn't warn you. also the s&p 500 broke a key technical level earlier today. >> experts ready to tell you what to do with your investments right now, including bond guru scott minerd, plus disney's ceo bob iger joins us for a first on cnbc interview to tell us what he's seeing in the global economy. >> joining us for the hour, josh brown, ceo of ritholt wealth management >> hi, sara. >> how defensive are you in this market >> not particularly. so we're off about 6% from the highs. and as i have been pointing out recently, i think the two big changes between what we're going through now versus what we saw in the fourth quarter, for example, or early 2018, which were substantial cor

"the halftime report" with scott wapner starts right now. >> welcome, good to have you with us on this tuesday. our investment committee with us today, josh brown, stephanie link,jon and pete najarian, also with us is gary, the former vice chairman at morgan stanley, former managing director of n newberger berman stocks are higher, including some notable chip names. the government eases some restrictions against chinese telecom company, huawei, josh, we play it like this market's been in a range because it can't decide which way to go, either the trade war and everything that comes with it is going to drive stocks lower ow the goldilocks scenario is going to drive stocks higher. which way is it going to go? >> it's weird. if i just gave you the headlines of the day, of the last six months, let's call it, if i just gave you the headlines and told you to guess that we'd be in a flat market, you would say, no way. you would definitely hypothesize it would be lower and i think that speaks to the fact that rates have backed off, consumer confidence, although it fluctuates month to month dep

scott wapner is it time to get cautious on the markets for the first time since '87?ss fangs taking stocks to greater heights? it's 12:00 noon this is "the halftime report." >> the alarm bell is ringing. >> nobody got hurt at the register. >> is it time to take profits? the halftime investment committee weighs in with advice. plus, big moves for tesla and under armour we will debate whether they are

. >>> karl, thanks scott wapner is the great comeback the sign that the worst of the tariff tantrum is:00 noon. this is "the halftime report." >> on facebook, amazon, netflix and alphabet, are they right for you? plus chipped, the semi conductor companies most at risk after the huawei ban and the other big companies that stand to get caught in the middle of a fight between the u.s. and china walmart's big day, and the home builder one firm says is a buy right now.

oofrmt >>> i'm scott wapner very special guest joins us today for an exclusive interview.alking to markets, obviously, given the fact the dow is down about 400 points or so he presented his big idea yesterday so we'll discuss that. we'll also talk with the idea contest winner i've got the traders with me today here as well we're talking everything going on with every tick of the market we'll do it at the top of the hour john, we'll see you in just a little bit looking forward to it. >> yep, yep, we will continue to watch that the dow taking another bit lower, lots of action at sohn as well speaking of, let's get to leslie picker with some breaking news on citadel >> have some performance numbers for april are trickling in and i'm told by a person familiar with the returns, flagship wellington fund was up 3.3% in april and 10% year to date those numbers were driven by equities, credit, and quom is up through april, that is trailing the s&p, which is up 17.5% over that same time frame, but early reads on many of citadel's competitors in the so-called multistrategy hedge fund

i'm sara eisen >> i'm scott wapner in for wilfred frost. less than an hour to go.u everything you need to know before this market closes >> it's two key factors driving the action today the rate scare and the trade war. the drop in bond yields sparking fears of a potential recession and china's people daily state-run newspaper coming out with an editorial saying, don't say i didn't warn you. also the s&p 500 broke a key technical level earlier today. >> experts ready to tell you what to do with your investments right now, including bond guru scott minerd, plus disney's ceo bob iger joins

i'm scott wapner this is the "halftime report."the most anticipated ipo in years uber hitting the market a week ago today, sinking from the outset, raising all sorts of questions about the future of its business valuations in silicon valley and more but today, one of our own has said enough is enough and is buying that stock. and that person is josh brown. >> hi, america >> you bought uber >> i did, but it's a trade it's not yet an investment pim tell you what i was thinking i wanted to let things settle down a little bit. this is basically a stock that has not moved in price in almost three years. it's bee

watch out for nordstrom until after the bell tonight let's get to the judge >>> carl, thanks, i'm scott wapnerwar versus goldman-sachs go goldilocks in a fight for your money. it's 12:00 noon, this is "the halftime report." >> announcer: which side of the equation will drive the market, the bears or the bulls, arguing everything is good enough for growth the halftime investment committee weighs in with outspoken gary kminskey joining the team he has a very serious warning for investors, but not everyone agrees get set for the debate of the day. plus

the halftime report with scott wapner starts right now. >>> welcome.od to have you with us on this monday we are here to debate. we begin with the markets. our focus on the nasdaq down sharply led by the semis really anything with exposure to china, that after major supplies of huawei say they have stopped shipping products to that company. brin, so the smh on pace for the fors day since may 13th. i can go down the list of the names getting obliterated. what do you do >> i think investors have to remember that clients rarely get beta in pursuit of alpha she end up selling rlow and buying high. so if you are an investor, i'd caution against trading against the headlines. if you have qualcomm, invidia and apple, you probably haven't had a good couple week the s&p is down 5.5% from its all-time high. so have patience but when you look at what the white house is doing, they where doing the right thing. it will make china better, us better and longer term i think stocks go higher >> so how much pain do you get along the way? if you look at the chip stocks,

let's get to the judge >>> carl, thanks, i'm scott wapner the long road to nowhere that's how it's beencks which are now barely above the level they were at the end of january of 2018. so, our question this hour is this is a breakout finally in the cards or are we setting up for another december-like drop it's 12:00 noon, this is "the halftime report. >> announcer: breakout or break down today the halftime investment committee debates the next move for stocks noted market watcher ed joins the team today he's saying the market's problems go deeper than trade. what else is there to fear all four f.a.n.g. stocks, facebook, amazon

right now, we're down 226, get to the judge >>> carl, thanks, i'm scott wapner, trump's tariff shocker hour, is a major correction now more likely than not it's 12:00 noon, this is "the halftime report. >> announcer: stocks sell off after president trump's threat to slam mexico with tariffs. 10 of 11 sectors now negative for the month. 7 out of dow 30 stocks now at or below christmas eve lows is it time to put some money back into the market the halftime investment committee is lining up with their picks. plus, a man who made the right call last year on what will happen in 2019 see what morga

i'm sara eisen >> i'm scott wapner in for wilfred frost. the dow plunging more than 700 points at the low. >> we've got full team coverage for you as we begin the final hour of trade. bob pisani on the floor of the nyse bertha coombs is at the nasdaq mike santoli is at our new post with the market dashboard. kayla tausche is in washington with the latest on trade and tariffs, which is the root of this sell-off. an

i'm scott wapner, as goes apple, so goes stocks, shares falling again today, new warnings about the company's now at serious risk it is 12:00 noon, this is "the halftime report. >> announcer: apple's china trade war troubles just how much risk is in store for this stock, which is down 10% in a month plus, the return of morgan stanley's former chief equity strategist, adam parker, who believes that trade war is not priced into the markets. and wait until you hear what he has to say about the state of the grea

i'm scott wapner, called the apple effect, that stock surging the s&p hitting another new intraday highthe question today, how high can the flying f.a.n.g.s carry the record setting rally it's 12:00 noon, this is "the halftime report. >> did apple just silence all doubters the number one rated analyst on the symptom, tony, is with us live and exclusive to give us his first reaction

. >>> i'm scott wapner here's what's coming up.the berkshire amazon buy says about the tech sector right now. plus the noted strategist who moved his s&p target he's going to be here to explain where he thinks stocks are likely to go and the stocks morgan stanley just revealed as the best buys and sells right now. we have got the list we will bring it to you. we will do it at noon. jon we are about ten away. >> scott looking forward to that for now let's get to the cme rick santelli has the santelli exchange >> so much going on. today in particular we get data points that are very large and it's hard to put everything in a nice box with ribbon and a bow. things are complicated yo you know, you have establishment survey, household urvey, nonseasonally adjusted data, the data we see and at least with respect to today's data, not all of it was perfect. as a whole, it was a good report and the farther you get away from what is consumed by the public, so you start looking at nonseasonally adjusted and other areas of this report that are

. >>> carl, thanks, i'm scott wapner the trade tensions driving stocks lower just noise? it really nervous time for investors with a rally that has come too far too fast? it's 12:00 noon, this is "the halftime report. >> announcer: trade battle, the next step. we expect to hear from president trump this hour as the stock market hangs on every word >> you've got an irresistible force meeting an immovable object where both the premier of china and the president of the united states want to come across that they prevailed and

. >>> i'm scott wapner we begin with the market sell-off stocks pounded is there a point of no returnor your money if things continue to get worse? good to have you with us as we welcome in our investment committee as well on this stormy day outside and in for the stock market joe terranova, stephanie, kevin o'leary is here as well. the cnbc contributor let's start with stocks under that heavy selling pressure. more threats from the president. more retaliation from the chinese. all right, joe, buying opportunity in any way or do you think this is in big danger of getting a lot worse? >> you're not going to lik

of risk and goldman sachs said it's time to buy this other key bank "the halftime report" with scott wapner starts right now. >>> welcome. good to have you with us on this thursday our investment committee today, our brothers najarian are here we begin with shares of apple higher today, losing steam though despite morgan stanley's katie huberty dropping her bid, it is still a caution from pete, that's why i'm turning to you. katie, your favorite analyst, she said pete, i'm worried. >> she is, for all of the right reasons. >> i will quote right from the note this is good she's talking about demand in china, central issue front and center iphone demand likely persisted through april where apple gained year on year however the rhetoric and actions taken by the u.s. and chinese authorities make it less likely this trend will continue into may/june. is that a problem? >> definitely is a problem we're talking about the area we always talk when when we talk about growth and how they're doing, and this is the only geographical part of apple's world that they aren't winning in and huawei actually ha

. >> thank you i'm scott wapner more than half of the s&p in correction territory this is one of thever, could be, preparing for a big transition what is the state of the market? it's 12:00 noon. it's time for "the halftime report." >>> one of the biggest names in the market makes a big change. today the details behind david tell tepper's decision and as the market falls, looking for opportunities for safety and high-yield etfs giving out almost 6%. investment committee i

." >> carl, thanks, i'm scott wapner, stocks at critical levels, bond yields falling, global glorowthrns are roiling the markets today. is this december off over again? it is 12:00 noon, this is "the halftime report." >> announcer: global growth fears, stocks dropping, yields falling, but bright spots remain wall street targets for the s&p remain above today's levels. unemployment is low. consumer confidence is high. should you get defensive or is opportunity beginning to pop up in growth areas like tech? the halftime investment committee is ready to weigh in

i'm sara eisen >> i'm scott wapner in for wilfred frost. the dow plunging more than 700 points at the low. >> we've got full team coverage for you as we begin the final hour of trade. bob pisani on the floor of the nyse bertha coombs is at the nasdaq mike santoli is at our new post with the market dashboard. kayla tausche is in washington with the latest on trade and tariffs, which is the root of this sell-off. and alicia levine, b.i. mel slon here all hours to help break it all down for us. >> plus the stock stories you need to know including uber plunging yet again today here's a real-time look at it. down another 11% we'll break down what went wrong with friday's ipo. we'll also be looking at how sectors are getting hit by the trade war. health care, housing, tech, and media just a few >> and we're also kicking off a new series today five top fund managers for five days straight. coming up tom clune will give us his best ideas about the volatility >> the sell-off. bob pisani's been tracking it all day. it's been ugly not as ugly as it wa

. >>> john, thanks, i'm scott wapner is the market set for a correction no matter what the outlook on trade and werethis too expensive to begin with the legends are here to weigh in it's 12:00 noon. this is "the halftime report." >>> what a great time for a class reunion. ga belly and cooperman, two of columbia business schools successful investors, both class of 1967, are with us today live and exclusively. we're talking trade, the uber ipo, facebook in crisis. important advice from two of the country's most successful investors today live on "the halftime report. >>> thank you for being with us. we have the chairman of the gabelli funds and chairman cooperman, chairman of the omega family office. and let's talk about the markets falling over trade, tariffs to go into effect at 12:01 tomorrow morning. the chinese accused of, quote, breaking the deal. great to have you here what do you make of all of this? trade and back and forth and what's it's doing as a result. >> i missed the day-to-day stuff but as i step back and i have said this on the program before, we live in a very abnorma

. >>> i'm scott wapner we begin with the market sell-off stocks pounded is there a point of no return for your money if things continue to get worse? good to have you with us as we welcome in our investment committee as well on this stormy day outside and in for the stock market joe terranova, stephanie, kevin o'leary is here as well. the cnbc contributor let's start with stocks under that heavy selling pressure. more threats from the president. more retaliation from the chinese. all right, joe, buying opportunity in any way or do you think this is in big danger of getting a lot worse? >> you're not going to like the answer everyone is going to come on the network and say, yes, it's a buying opportunity for the long term, but i'm not buying today and the reality of not -- why you're not buying today is there's a lot still out there as this unfolds on may 18th, the president potential potentially. this is not going away any time soon i've said that this is going to evolve into a little bit of a currency issue we've already seen the temperament of equity investors. $12 billion worth of

record high, noted venture capitalists making a big call on economic risks this is what he told our scott wapner. >> the odds there is a recession any more in any western country of the world is almost next to impossible now, save a complete financial externality we can't forecast central bankers have lost all intestinal fortitude to put a company through a recession becauses s iit is regeneratived useful the reality is that we're going to grow low single digits every year, which means no growth anywhere else, which means you're better off buying equities and better off buying equities that are substantively ones that are sort of the deflationary type stocks, the tech stocks. >> so as the fed managed to stage almost -- eliminate recession risks, we'll hear from the fed chair this afternoon, powell speaks after the fed wraps up a two day meeting let's check in with dick kovacevich thank you for the time today >> thank you. >> it is always dangerous to say recession is next to impossible, even with the caveat of external negative externalities is it close to impossible? >> no, don't think it is cl

. >> "fast money" starts right now live from the market overlooking times square i'm scott wapner iners on the desk are tim seymour, karen finerman, tim grasso and dan the top tesla bull and plus foot locker getting stomped on. the stock down 10% and one of our traders looking at the stock right now as we speak, literally right now. he has the details and we start with the fang inferno. facebook, amazon, netf

i'm scott wapner in tonight for melissa lee. on the desk are tim seymour, karen finerman, grass op and dan nathan. trade tensions escalate, but are these trade tantrums the buying opportunity you've been waiting for? we start with the ipo everyone on wall street was waiting for that's right, uber having a wild debut opening below its $45 ipo price, closing near the lows of the day, closing below its open price down

as jeffrey expressed on your program with scott wapner, we expressed our view through the volatilityrest rates and since jeffrey presented that trade volatility has gone up markedly going forward, i think we've seen a big rally so far. there's a lot of expectation for fed cuts i think we're pricing in 70% chance of a fed cut by september and greater than a 60% chance of two cuts by the end of the year. so the fed, you know, is really caught in a tough position this needs to be -- what we also wanted to look at is internationally. due to the low yields that we just pointed out there's been a lot of buying of foreign investors into u.s. assets and a lot of that has been unhedged so rather than expression an outright view in rates one thing that i would like to point out is the surprising move in the u.s. dollar. ever since the trade war picked up and the trade rhetoric picked up in the past month, the dollar has actually remained fairly contained compared to what the rhetoric actually has been even today we saw a sell-off in the dollar and i think going forward in the second half of th