i'm tyler mathisen. have a great evening, everybody, and we'll se >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation,ko aner foundation, pursuing solutions for america's neglected needs. >> wow, that is unbelievable. ♪ >> i'm flying! ♪ >> stay curious. ♪

. >> i'm melissa lee with tyler mathisen who says venn imis bad should you get in on the action? is the ipo floodgate about to open shares are on track for the worst day in more than a decade. fed fallout. no more rate hikes a big chunk of the dow coming from apple "power lunch" starts right now as we said, the bulls are out. the bullish mood is a perfect backdrop for the debut of levi strauss going public shares are 33% right now we are tracking all the action from the floor of the new york stock exchange where you can wear denim >> yes the only time in many, many years. the talk for levi strauss, 14-16, opens at 17 the new price 17 opens at 2222. you saw that pop there a lot of happy insiders with this one the timing was perfect plenty of pent-up demand because the ipo market has been closed for four months. a strong start to the year for the market an iconic brand and a reasonable evaluation i don't know if you know, they tracked levi strauss they went higher, the market lifted when it opened after 11:00 a.m., the market took another leg up the fed is no longer a help to the m

i'm melissa lee with tyler mathisen new at 2:00, the race to go public lyft filing for an ipo inside their financials and what it means for uber in the ipo pipeline amazon planning to open dozens of grocery stores. stocks in the sector are dropping walmart and target could be impacted too markets having the best start in almost three decades "power lunch" starts right now >> and welcome everybody to "power lunch" for a friday i'm tyler mathisen stocks are higher to kick off the new trading month. can you believe it is the first of march we are well off the highs as you see there. 72 points higher in the dow. it was up almost 230 points earlier. once again, dipping lower for the week, putting its nine week win streak now in danger we'll see where it finishes up in the meantime, nasdaq will post its tenth straight week of gains if it can end higher today and right now, it is up by about 50 points. kelly? >>> we begin with the news that lyft has officially filed to go public let's get back to deirdre bosa with the details from san francisco. bob pisani also at the nyse with what it mean

i'm melissa lee with tyler mathisen new at 2:00, the race to go public lyft filing for an ipo insidecials and what it means for uber in the ipo pipeline amazon planning to open dozens of grocery stores. stocks in the sector are dropping walmart and target could be impacted too markets having the best start in almost three decades "power lunch" starts right now >> and welcome everybody to "power lunch" for a friday i'm tyler mathisen stocks are higher to kick off the new trading month. cau

." >> see you in a moment i'm with tyler mathisen. new at 2:00, facebook facing criminal investigation over its data that stock is dropping right now. we've got the fallout ahead. >>> boeing facing major legal problems following the ethiopian airlines crash grounding financial risks facing the company. >>> elon musk taking a bold step into the hottest area of the auto business. will his big bet pay off "power lunch" starts right now >> indeed, it does, melissa. thanks very much welcome, everybody, to "power lunch. i'm tyler mathisen kelly will unijoin us in a minu. nasdaq on for the last week in the last nine. rallying up 6% this week alone bullish new callout today and speak with the analysts who made it minutes from now. check the british pound. a little bit weaker against the dollar there you see it british parliament rejected a second vote on brexit as kelly was just speaking a moment or so ago with wilf. let's hear what willem has >> reporter: that was not a binding vote that was not entirely off the table but those campaigning f

"power lunch" starts now >> i'm melissa lee with tyler mathisen president trump's top economic adviser larry kudlow with us here live. he just said he wants the fed to cut rates now by 50 basis points and we'll ask him more about that and out of the gate, lyft, will it limp into the close in a bull market, in like a bear, out like a bull. stocks with best quarter in more than a decade. last trending day of the quarter said to duoogo out on a high no. triple digit rally for the dow right now. "power lunch" starts right now >> hi, everybody and welcome to "power lunch. i'm tyler mathisen let's get to the big stock story this hour and that is and continues to be lyft the shares losing steam with two hours left in the debut day of trading for that company seema mody tracks the action from nasdaq. deirdre bosa in san francisco taking a look at the next battle front between lyft and uber and dominic chu at the new york stock exchange looking at what today means for the next round of ipos and the next catalyst for this incredible bull run seema, kick it off. >> tyler, an active day here at th

i'm tyler mathisen glad you could join us on this friday afternoon a selloff day on the street. we are now near session lows the dow, s&p 500 and nasdaq having their worst drop since the very beginning of the year small cap stocks getting crushed today. the russell 2,000 is down about 3% and also on track for its worst day of 2019. but everyone is watching the big move today in bonds. and it is a significant one. treasury yields plunging a couple of the places on the yield curve inverting. we'll have more on that ahead. kelly. >>> in this hour, with this big selloff on wall street and global growth fears bringing out the bears big time bob is following the action from the floor. bob? >> where did our rally go? yesterday we were all happy and the top of the s&p 500 and 2.4% from the historic high 2.4%. what happened? we got mugged by slower global growth again this happened several times. remember the whole bull narrative, the fed and the central banks have our back and the tariffs will go away and the chinese will find some way to stimulate their way out of the slow down over th

i'm tyler mathisen odd kind of trading day. boeing, of course, weighing heavily on the dow as it has all day long, but most of the stocks in the dow, the 30, led by apple, 3m, coca-cola, all rallying s&p 500 soaring more than 1% almost 2% gains for the nasdaq composite, as you see there. 1.87 nasdaq, 100 on pace for the best day since mid february apple, microsoft, amazon, facebook, they are leading the way. and leading our coverage is bob pisani at the nyse bob? >> tyler, we had boeing cutting its losses in half essentially and that's why the dow has rallied here and look at boeing, you could see some of the suppliers that boeing has. united technologies, one of them earlier on but most of the suppliers also well off their lows united tech, as you can see, has gone positive. but elsewhere, it's one of the best days we have seen in weeks down here. the market internals, how it trades internally, looking especially strong 4-1 advancing to declining stocks right now. advancing volume is 83% of all the volume that's a really big d

i'm tyler mathisen right now at 2:00, shares of general electric are tumbling this hour after commentsm its ceo, to analysts, the details of that straight ahead and more troubles for the one time most valuable company in the world. china slashing its growth targets and warning about a hard struggle ahead is it time to sell out of stocks and bet on bonds plus, a cure for hiv major breakthrough in the aids epidemic that has biotech buzzing. and the real read on real estate, the "power lunch" exclusive with tarek el musa

i'm tyler mathisen new at 2:00 today, bets on a fed rate cut are rising.u what that could mean for investors like you. plus, 24 hours later is apple's much hyped tv service leaving more questions than answers? and passwords, bank accounts, wills, investments, essential strategies when life throws you a curveball. stocks in the green right now but well off the highs up about 62 on the industrials, 28 on the nasdaq dow up 280 points earlier today. we'll explore the whys and wherefores as "power lunch" begins

"power lunch" starts now >> i'm melissa lee with tyler mathisen president trump's top economic adviserwith us here live. he just said he wants the fed to cut rates now by 50 basis points and we'll ask him more about that and out of the gate, lyft, will it limp into the close in a bull market, in like a bear, out like a bull. stocks with best quarter in more than a decade. last trending day of the quarter said to duoogo out on a high no. triple digit rally for the dow right now. "power lunch" starts right

. >> i'm melissa lee with tyler mathisen who says venn imis bad should you get in on the action? shares are on track for the worst day in more than a decade. fed fallout. no more rate hikes a big chunk of the dow coming from apple "power lunch" starts right now as we said, the bulls are out. the bullish mood is a perfec

i'm tyler mathisen an early rally quickly

. >> we'll see you in just a moment tyler mathisen here with melissa lee.t 2:00 today, boeing battered again europe now grounding the 737 max 8 jets why are u.s. carriers? the faa elected to do the same and president trump weighed in as well. elizabeth warren fueling calls to break up big tech and college entrance exambribery plot. this has been uncovered by the feds ensnares hollywood stars, ceos, coaches and billionaires all busted the details on "power lunch" starts right now >> and welcome to "power lunch." i'm melissa lee.

i'm tyler mathisen new at 2:00 today, apple takes its boldest step yet away from hardware and into servicesboth feet unveiling a new tv service what does it state for apple and its rivals wild story in the last hour, we've been talking about michael avenatti, the lawyer that stormy daniels among others charged with extorting nike out of millions of dollars this gnarly one ahead. >>> the great rate

i'm melissa lee with tyler mathisen boeing down this hour.nother fatal crash with the most popular jet just how safe are these planes and how big of a problem is this going to be for boeing going forward? this historic bull market turns ten. keep calm and carry on what investors should expect from here. and apple rallying big today all the negativity now priced in "power lunch" starts right now

i'm tyler mathisen new at 2:00 today, apple takes its boldest step yet away from hardware and into services jumping with both feet unveiling a new tv service what does it state for apple and its rivals wild story in the last hour, we've been talking about michael avenatti, the lawyer that stormy daniels among others charged with extorting nike out of millions of dollars this gnarly one ahead. >>> the great rate debate. how much lower will bond rates and mortgage rates go from here? a see saw day for stocks major averages trying to avoid a second straight day of losses. "power lunch," the deluxe edition, starts right now. >> yes, it does, welcome to "power lunch," everybody lots of news at this hour. let's begin with apple tech giant holding big event with a profound pivot away from hardware julia boorstin out of cupertino with the latest headlines. julia? >> reporter: kelly, that's right. apple just announcing its revamped apple tv will be available starting in may through apple tv software update they're designing this to be a destination for all of your video content if you subscribe thro

i'm tyler mathisen new at 2:00 today, bets on a fed rate cut are rising. we'll tell you what that could mean for investors like you. plus, 24 hours later is apple's much hyped tv service leaving more questions than answers? and passwords, bank accounts, wills, investments, essential strategies when life throws you a curveball. stocks in the green right now but well off the highs up about 62 on the industrials, 28 on the nasdaq dow up 280 points earlier today. we'll explore the whys and wherefores as "power lunch" begins right now we do begin this hour with the fading rally bob pisani tracks the action from the new york stock exchange floor. hi, bob. >> hello, old friend stocks up, well off the high not a lot of clear catalysts today. most important development early on was a pause in the recent treasury rally yields mostly up today after dropping 3 of the last 4 days. strong demand for two year paper at the auction this afternoon. stocks lower since then and bank stocks here outperforming all throughout the day economic data today, kind of crummy, consumer

see you in a moment or two i'm tyler mathisen with melissa lee.charging again. should you jump on back of the bull and ride the rally or the gains almost done? plus, facebook flounders the shares there dropping as two top executives leave are more departures coming what does it mean for the company? a thousand an hour to help your kid get into college the booming business of college entrance consultants "power lunch" starts right now >>> welcome to "power lunch. i'm melissa lee. we've got a rally on the street today. dow getting a nice l

i'm melissa lee with tyler mathisen new concerns about global economic weakness. of american airlines, his stock down 40 plus percent in the last year can he turn things around? the latest on trade. the china deal and new nafta from a congressman who met with robert lighthizer today. "power lunch" starts right now >> hey, everybody. how are you? welcome to "power lunch. down day for stocks. off the worst level of the day, we should point out. fears about a global emi

. >> we'll see you in just a moment tyler mathisen here with melissa lee. new at 2:00 today, boeing battered again europe now grounding the 737 max 8 jets why are u.s. carriers? the faa elected to do the same and president trump weighed in as well. elizabeth warren fueling calls to break up big tech and college entrance exambribery plot. this has been uncovered by the feds ensnares hollywood stars, ceos, coaches and billionaires all busted the details on "power lunch" starts right now >> and welcome to "power lunch." i'm melissa lee. let's get you caught up on the markets here s&p 500 and nasdaq for the second straight day. two day gains since the end of january. boeing, biggest drag on the dow. stocks sinking more than 7% this hour shaving off about 200 points from the dow all on its own but amex and visa, apple we begin with the latest developments with boeing and 737 max 8 jet. europe now suspending all operations on these planes let's get straight to philip lebeau for the very latest in chicago. phil >> reporter: melissa, the u.s. as well as north ameri

i'm tyler mathisen an early rally quickly fading this day stocks now in a deep sell-off as you see with the dow down 275 and biggest one day drop at five weeks. down more than 400 points was the dow at its low wall street, so-called fear index has hit the highest level in about two weeks transports now trading in correction territory, small caps are close to correction territory. kelly? >> the swoon started around noon and bob pisani tracking the action from the new york stock exchange bob? >> reporter: this is the kind of action that indicates market exhaustion at least for the moment here. a big rally partly on trade talk hopes and more likely and the stocks are pausing on this news here trade-related groups lyiike technology are weaker and names not associated with trade like retail selling off today with health care which is also not generally trade-related. as are are airliirlines, the seh straight day the transportation index is down. so the big issue is how much farther can you push the markets just this fed being patient and the china trade deal global growth still weak, strong

i'm tyler mathisen right now at 2:00, shares of general electric are tumbling this hour after comments from its ceo, to analysts, the details of that straight ahead and more troubles for the one time most valuable company in the world. china slashing its growth targets and warning about a hard struggle ahead is it time to sell out of stocks and bet on bonds plus, a cure for hiv major breakthrough in the aids epidemic that has biotech buzzing. and the real read on real estate, the "power lunch" exclusive with tarek el musa we'll break it down. not such big moves in the major averages as "power lunch" starts right now. >> the big moves are in some of the stocks today so let's begin with the big drop in shares of ge just the past hour or so the stock down about 6%. the low about 4.5% right now this after comments from ceo larry culp morgan brennan is tracking that from the nyse. >> reporter: those comments from ceo larry culp continue. he is currently sitting down and having a conversation at the j.p. morgan aviation industrial conference with really, wall street's biggest bear, j.p. morg

i'm melissa lee with tyler mathisen new concerns about global economic weakness. the ceo of american airlines, his stock down 40 plus percent in the last year can he turn things around? the latest on trade. the china deal and new nafta from a congressman who met with robert lighthizer today. "power lunch" starts right now >> hey, everybody. how are you? welcome to "power lunch. down day for stocks. off the worst level of the day, we should point out. fears about a global economic slowdown that is the predicate today for why stocks are lower biotech defense, banks, all headed for their worst week of the year so far. but utilities in real estate, the defensive sectors, still riding winning streaks right now, as you see there. investors on edge, kelly >> yes, they are, ty fears of a global slowdown are growing. you can hang today's concerns on mario dragi and the ecb. the floor of the new york stock exchange with more bob? >> hello, kelly. will the central banks cop to the -- come to the rescue of the markets? we had a fed pivot to a dovish stance today, we have thee

. >>> i'm melissa lee along with tyler mathisen the market flashing the biggest recession sign sincee the financial crisis could the avalanche of ipos be the last great hope for the bulls or signaling a top here. >>> record flooding across the midwest decimating america's farm industry and it may get a lot worse. we're live on the ground with the very latest and the impact on the farmers, as well as the u.s. economy >>> mortgage rates sinking to new lows here as we sit down in the crucial home buying season the spring selling season. how low will rates go? "power lunch" starts right now

i'm joined by tyler mathisen and the biggest story. >> well, the biggest story is our daily visit to seema and what she's having for lunch. what are you having? >> snacks. what are they? bada bean, bada boom >> we're going to talk about the college admissions scandal that embroiled felicity huffman and lori loughlin and what it means going forward for the college admissions we've got two former assistant deans of college admissions who are actually now in the admissions consulting business, but legitimately so. >> right >> and we will talk to them about what it means there. it has really caused an uproar we'll talk also about that very important harvard case that was heard not long ago and where that may go involving basically quotas or the admissions of certain categories of students we'll talk about that. we'll follow up with any new news on boeing and lots more. >> and bada bean, bada boom. seema says they're good. >> tyler will see you then >>> here's what's coming up on "the exchange. we'll talk to one congressman about why the government hasn't grounded the planes. he's been ta

. >> tyler mathisen. options bulls betting on a transport stock already up 25% this year. does it have more room to run? the market is placing a bet today. we'll tell you what it is next in unusual activity. first the s&p sector check consumer staples in the green. s&p up a fraction. we're back on "haltime" after this hey mercedes, how about letting your hair down a little? how about a car for people who don't play golf? hey mercedes! mix it up a little. how about something for a guy who doesn't want a corner office? hey mercedes, i don't even own a tie. do you think i need a mahogany dashboard? hey mercedes, can you make it a little cooler in here? [ a-class ] i am setting the temperature [ a-class ] to 68 degrees. we hear you. we made a car that does, too. the all-new a-class. all-new thinking starting at $32,500. i am an independent financial advisor. it's our name on the door. we are accountable to our clients everyday. we have the freedom to build a plan. a porfolio based specifically on their needs. we're fiduciaries, stewards of our clients' money. entrusted to do w

i'm joined by tyler mathisen >> we'll pick up on a couple of themes you're exploring, including boeinge expect news to come out in the next hour on boeing. but we're going to put together those two dear old friends, mr. santelli and mr. liesman to talk about the fed and the presumed appointment of steven moore who has called for a half point cut in interest rates. we'll look at that, and it will be a lively debate, i can promise. >> he's saying we should undo the last two rate hikes. >> yeah. >> and people say is that one of the reasons bond yields continue to plunge worldwide? >> worldwide and worries about the economy. we'll also explore the stocks versus bonds conundrum today yields coming down stocks coming down, which they have been doing for the past few days but for most of this year, stocks have been going up and yields have been falling down. we'll take a look at that and more on "power lunch." >> tyler, see you then >>> here's what's ahead on "the exchange." >> coming up -- home builders are giving buyers hope a shift to a casual corner office giving lulu a boost >>> is a mat

." >> see you in a moment i'm with tyler mathisen.t 2:00, facebook facing criminal investigation over its data that stock is dropping right now. we've got the fallout ahead. >>> boeing facing major legal problems following the ethiopian airlines crash grounding financial risks facing the company. >>> elon musk taking a bold step into the hottest area of the auto business. will his big bet pay off "power lunch" starts right now >> indeed, it does, melissa. thanks very much welcome, everybody, to "power lunch.

see you in a moment or two i'm tyler mathisen with melissa lee. new at 2:00, bulls are charging again. should you jump on back of the bull and ride the rally or the gains almost done? plus, facebook flounders the shares there dropping as two top executives leave are more departures coming what does it mean for the company? a thousand an hour to help your kid get into college the booming business of college entrance consultants "power lunch" starts right now >>> welcome to "power lunch. i'm melissa lee. we've got a rally on the street today. dow getting a nice lift from boeing that's a nice change boeing shares higher on reports it will roll out a software fix for the 737 max in the coming weeks. in the meantime, the s&p 500 and nasdaq on track for their best weeks of 2019 and both aiming for their highest closes since early october. kelly? >> melissa, thanks let's get straight to bob pisani on the floor of the new york stock exchange look at the rally today. bob? >> and the important thing is we have broken over the 2815. fell five times in the ra

. >> i'm here with tyler mathisen with "power lunch. >> beige is the color. i just love that don't you love beige >> i love the beige book >> the beige book is the most aptly titled thome in literature >> if you take the time read through all of it -- >> you are relentlessly positive you bring good energy. >> where doels you hear things like one report says his shipping contacts reported wage pressures. >> joe connolly on wcbs radio is where you hear that stuff. we'll talk about the beige report comes out. we'll take a look at it in light of reports of a slowing economy in the first quarter of the new year some of the reports come from the period where the government was shut down. there are lots of indications that maybe we have reached peak job growth for this cycle. we'll take apart the beige book. we'll also take you inside a radical new concept in home building a fireproof home which indeed may hold a lot of promise in fire-prone parts of the country like california. >> it seems to work. >> it does seem to work. make sure you catch this one because -- >>