i saw tyler mathisen doing push-ups for this fed meeting. ahead of it, the dow industrial average up, let's check some of the sectors ahead of that meeting. sta staples, the sector, not the store. communication services of which facebook/meta is the biggest and most terrible performer is on the downside travel and leisure are among the worst performers in the s&p 500, las vegas sands, royal caribbean, marriott, hilton, down more than 3% and the nasdaq names are getting hit the hard e est. 5.17%. paul amman that's something for paul. he's one of our producers. we're also down about 4% on most of the other names as well he's done with the push-ups, to the aforementioned tyler mathisen >> i'm going to go into a meditative state new york attorney general latisha james is suing donald trump, if you haven't heard. his company and three of his children for fraud she seeks $250 million in fines and pans on trump and his children from running companies in new york. >> the complaint demonstrates that donald trump false ly inflated his net worth by bil

so they said i'm tyler mathisen in for shepard smith. and this is "the news" on cnbc >>> bracing for a shutdown a railroad strike chugging closer travel and supply disruptions already underway tonight, the race to avert a national crisis. >>> the city was a key target in the first days to the counteroffensive >> on the ground in a newly liberated ukrainian city the russian horrors uncovered. plus, the critical military demand zelenskyy is now making >>> the queen's final journey. thousands lining up for a glimpse. >> just so proud of the whole family, proud to be british. >> harry and will back together. we're live in london with the highlights from an historic day. >>> motor city, all in on electric vehicles. >> jump in and i'll give you a ride to washington >> inside the detroit auto show and the president's new ev announcement >>> did an employee stage a package explosion at northeastern university? >>> shocking new texts in the >>> and telling the biebs the queen is dead. brett favre welfare fund scandal. >>> and telling the biebs th

i'm tyler mathisen in for shepard smith. this is "the news with shepard smith" on cnbc another mass burial discovery in ukraine. >> this is part of an ongoing story. >> hundreds of graves recovered after a russian retreat. now the quest to document war crimes >>> they're a political football in immigration polpolicy now, dozens of migrants flown to martha's vineyard, as the white house tries to coordinate a response >>> the justice department expected to appeal the decision to appoint a special master, just a day after one is named. the legal back and forth plus, who is judge raymond dearly >>> they're calling it the gift of time. why some educators and parents say boys should start school a year later than the girls. >>> tropical storm fiona takes aim at puerto rico and the virgin islands >>> pregnant and working the new push for congress to help >>> and the new high tech helmets trying to make football safer. >>> live from cnbc, the facts, the truth, "the news with shepard smith. >> good evening, everyone. welcome. ukraini

money all right, now let's step out of the markets for a business and get a cnbc news update with tyler mathisener? >> thank you very much two bus loads of mifgrants from texas have been dropped off near the residence of vice president kamala harris. aide workers who were waiting for them at union station in washington had to scramble to help the new arrivals who were caught up in efforts by republican governors to shift immigration issues to democratic areas. >>> florida governor ron desantis flew another group of migrants to the wealthy massachusetts island of martha's vineyard officials there are working to provide food and shelters for the new arrivals desantis' democratic challenger this fall calls the flights inhumane and wrong >> i didn't know he would stoop to this kind of level, and this kind of inhumanity, but here we are. and it's all the more reason that we need a change. i just -- you know, he's awful absolutely awful >> and kanye west now known as ye, is breaking ties with the gap. his yeezy brand is seeking to break the contract with the company, saying that gap had failed to live

along with contessa brewer, i'm tyler mathisen nike says the greenback strength is one of the reasons why margins are under pressure there. so, will big tech be next? we'll talk to an analyst who is slashing estimates and cutting price targets. and too cheap to ignore, just like me. a veteran investor says the bear market is growing tired and he's buying stocks that could benefit from the next market's up leg. will it be in october as sully's history lesson seemed to suggest. contessa >> from sully side up, look at bad news brewer. it's a choppy day of trading as the markets look to close out this rough week, rough month, rough quarter. i told you about the dow jones industrials down 259 points. the s&p 500 off by 0.50 and the nasdaq down by 0.30. nike, carnival cruise lines, norwegian, the worst performing on the s&p and a number of fresh 52-lows, including mondelez, dominion, southwest airlines, norfolk southern off 2% as well, tyler rough crowd. >> contessa, september has lived up to its reputation, the dow and the s&p down more than 7% for the month. the dow on pace for its worst

. >>> let's go to tyler mathisen for a cnbc news update tyler? >> brian, thank you very much.ional basketball association has suspended phoenix suns and mercury owner robert sarver for one year and fined him $10 million, this after an investigation found that he engaged in, quote, workplace misconduct the investigation was started a year ago in response to allegations that sarver had a history of racist and misogynistic incidents >>> a key indicator of how many americans live in poverty has fallen now to a record low the supplemental poverty rate dropped below 8% last year the supplemental rate takes into account government aid such as food assistance and stimulus checks meanwhile, the official u.s. poverty rate, little changed last year at 11.6% overall >>> pope francis has started his three-day trip to kazakhstan, at an event with the kazak president, they called for an end to the senseless war tonight, how washington, d.c. is seeking to deal with a surge of migrants, many bused there by the state of texas that's tonight at 7:00 eastern time brian, back to you >> tyler, than

to some of the heavyweights and what better way to do that than cnbc's delivering alpha summit tyler mathisennd is joined by julian salisbury, overcease $2.5 trillion tyler, my man, take it away. >> julian salisbury, welcome good to have you on cnbc for the first time and welcome to delivering alpha zpr great to be here >> great to have you you'll sit on a panel later this afternoon called the next big thing. what are you going to say? what is the next big thing in investing? >> so from a private markets perspective, which is what we'll be talking about a lot on that panel, a lot of it is just continuing to invest in the areas, the long-term secular themes that we've liked for a number of years. >> and they are? so, digitization, energy transition, enterprise software. these secular growing businesses that have stood the test of time so we like these things pre-covid, during covid, when you had to reunderwrite and look at the areas that we were investing in, it still made sense. and as you move into more inflationary environments, some of these long-term themes continue to make sense, irrespe

we'll cover it all. >> thank you very much welcome to "power lunch," i'm tyler mathisen

i'm tyler mathisen courtney reagan to my left here's what's ahead. back after yesterday's rout from mega cap to chips to the cloud, the stocks to buy on the pullback are the ones to be wary of and those that have more to fall and what's the difference between low volatility and momentum etfs? maybe not that much. you might be surprised by those funds' top holdings especially if you're looking to offset some of these big market swingds. and stocks are off their highs modest gains right now today's gains slowly, slowly

let's get a cnbc news update with tyler mathisen. >> brian, thank you very much.e's what's happening at this hour fresh video of the tragic damage in ft. myers beach severe damage to many homes, cars flipped over in parking lots governor desantis says that rescue crews have gone door-to-door to more than 3,000 homes in the hardest-hit areas in san diego, a sailor has been found not guilty of setting a fire, that destroyed a $1 billion navy warship brian maze was charged with arson that led to the massive blaze aboard the are shard g-7 foreign ministers are posing steeper costs on russia for annexing parts of ukraine. the nations also say that they will never recognize russia's claim to those ukrainian regions. >>> on the news with shep smith tonight, first cuba, then florida. now south carolina team coverage of hurricane ian's continuing and historic damage and the first steps towards recovery that's tonight at 7:00 brian, back to you >> tyler, thank you very much. >>> all right, getting back to the markets, because you know the fed is determined to break the back

. >>> now let's get to tyler mathisen for a cnbc news update. >> thank you very much king charles using monarch to stress how he will continue the traditions of the crown while also honoring queen elizabeth and her devotion to the nation. >> queen elizabeth was a life well lived, a promise of destiny kept, and she is mourned most deeply in her passing. that promise of lifelong service i renew to all today >> he also promised to serve great britain and uphold its values for the rest of his life. >> as the queen herself did with such unswerving devotion, i too now solemnly pledge myself throughout the remaining time god grants me to uphold the constitutional principles at the heart of our nation. >> on the news tonight, team coverage of the first full day of king charles iii's reign, and what the coming days hold as britain transitions to its new monarch. >>> major league baseball is set to vote on rules later today among the changes, a 15-second pitch clock when the bases are empty climbing to 20 seconds when runners are on bigger bases. and bigger bases if approved, the changes will tak

along with contessa brewer i'm tyler mathisen and here's what's ahead this hour the path to recessionket watcher says a sharp economic downturn is going to get harder and harder to avoid. but he's finding some safety and opportunities in a few names we'll hear which and why plus, former treasury secretary larr

i'm tyler mathisen along with seema mody, here's what we got. world are hiking rates virtually all of them. global inflation fight is moving yields higher presenting investors now with new opportunities in fixed income and challenges across the book we've got your playbook. plus, th

glad to have you with us i'm tyler mathisen along with seema mody here's what's ahead.ra senior economist calls for the fed to raise rates by a full percentage point. he will make the case for that as the divide grows over what the fed should do tomorrow and then we're going to hear from, yes, power player jay leno he is with us live from his garage he met up with none other than elon musk, someone he calls the greatest innovator of all time he'll tell us what the

we talked about putin ace inflation, if you will well, with this move down, it's gone now, to tyler mathisenor a cnbc news update. >> brian, thank you very much. >>> a federal judge in texas has ruled that the government cannot man dade free coverage of some drugs that prevent hiv infections a christian-own exceed challenged the decision the judge has previously called the affordable care act unconstitutional >>> ukraine is considering shutting down the nuclear plant over safety concerns shelling has resumed, despite pleas to establish a demilitarized zone kim kardashian is establishing a private equity firm with jay sam months from the carlisle group it will have consumer products, e-commerce, entertainment and luxury >>> on a special two-our edition tonight of "the news" how airlines are preparing for the fall after a very busy and snarly summer. it starts at 6:00 today. >> within our earlier. thank you very much. >>> home values, they are coming down, coming down quick in some areas. diania olick is here, on set all of this and the 30-year fixed-rate mortgage remains firmly about 6%. mayb

and let's get to tyler mathisen for a cnbc news update. >>> jeff bezos' blue origin has suffered thet failure. no one was on board thankfully about a mind after the liftoff, the capsule separate theed and landed in the -- meantime u.n. is discussion with ukraine and russia for a safe zone both nations accuse each other of shelling at or near the nuclear facility. >>> in edinburgh, members of the public are paying their last railroadses. >>> outside of buckingham palace, people are already staking out spots for the funeral profession tonight, how britain is adjusting, and what make change under the rule of king charles iii. brian, back to you. >>> up next, call it -- why she's noor bearish on meta and bullish on apple more than others >>> and the mystery chart. what could it be we're going to find out, coming up ♪ ♪ ♪ ♪ ♪ ♪ at fidelity, your dedicated advisor will help you create a comprehensive wealth plan for your full financial picture. with the right balance of risk and reward. so you can enjoy more of...this. this is the planning effect. new projects means new project managers. y

son wouldn't know what to do with them welcome to "power lunch" along with contessa brewer, i'm tyler mathisen to tara, there are reasonable alternatives. you just need to know where in the bond market to look to find the biggest rewards with the least amount of risk we'll show you where they are. >>> and the popular buy the dip trade. remember how that worked over the last few years it's backfiring now but it's not stopping investors fro

so they said i'm tyler mathisen in fo . >>> working on the railroad all the live longing closer travel and supply disruptions already g day,ay s o theyght, the said. >>> tonight, the race to avert a national crisis. >> the city is a key target in the first days of the counteroffensive. >> >>> on the ground in a newly liberated ukrainian city plus, the critical military demand zelenskyy is now making the queen's final journey. thousands lining up for a glimpse. >> just so proud of the whole family proud to be british. >> harry and will back together. we're live in london with the highlights. >>> motor city all in on electric vehicles. >> jump in give you a ride to washington. >> inside the detroit auto show. >>> did an employee stage a package explosion at northeast university >>> shocking new texts in the brett farve welfare fund scam. >>> and telling the bees the queen is dead. >> announcer: live from cnbc, the facts, the news, the truth with shepard smith. >>> the united states could be headed into the first rail strike in 30 years two of the largest railroad unions in the country st

i'm tyler mathisen in for shepard smith.her mass burial discovery in ukraine. >> this is part of an ongoing story. >> hundreds of graves recovered after a russian retreat. now the quest to document war crimes >>> they're a political football in immigration polpolicy now, dozens of migrants flown to martha's

son wouldn't know what to do with them welcome to "power lunch" along with contessa brewer, i'm tyler mathisen what tina to tara, there are reasonable alternatives. you just need to know where in the bond market to look to find the biggest rewards with the least amount of risk we'll show you where they are. >>> and the popular buy the dip trade. remember how that worked over the last few years it's backfiring now but it's not stopping investors from pouring in this hour a strategy in stock picks to help ride out, contessa, the volatility. >> hello, tyler. hello, everybody yields rising, the dollar surging, stocks have given up all of their earlier gain. the dow down as much as 429, now down 1.3%. the s&p off 1.2% the nasdaq composite down 0.50%. the nas dabl dak was up 4.1% at the high the treasury yields, two-year, highest, yielding 4.35 ten-year hitting 3.9%. the dollar index at a multidecade high the british pound falling to a record low against the greenback. the dollar index up 0.92%. tyler? >> thanks very much, contessa. let's see where we are because we don't have the prompter the curre

over to tyler mathisen now for a cnbc news update >>> one student has died and another injured in an apparent stabbing at a high school in jacksonville, north carolina a teacher was also injured a student suspect was arrested after the attack and there is no ongoing threat to the public >>> in indianapolis a 22-year-old man charged in the fatal shooting of a dutch soldier and the wounding of two others more people involved in the shooting could face criminal charges. >>> and two top trump white house lawyers will reportedly appear before a grand jury probing the january 6 attack on capitol hill former counsel cipollone and philbin are expected to answer questions after being subpoenaed they will be the highest profile witnesses yet to testify before that grand jury. the other trump lawyers trying to convince a judge to appoint a special master to review documents recovered at mar-a-lago join us tonight. i'll be there in for shep to look at their case and their chances for success. that is tonight at 7:00 eastern. deirdre? >> i'll be watching, tyler, thank you. >>> still ahead, badm,r

tyler mathisen is here with an update >> thank you very much, brian. here is what's happening at this hour a former army major and his wife have been charged with plotting to give medical information of u.s. military personnel to the russian government major jamie lee henry was stationed at ft. bragg, his wife is at johns hopkins hospital in baltimore. prosecutors allege that the couple believed that they were giving to a russian official who was actually an fbi agent. >>> a russian oligarch, oleg deripaska, has been charged with violating u.s. sanctions against him. prosecutors alleged three women helped him sell a music studio in california and arranged travel for one of them to give birth to his child in the united states >>> and virginia "ginny" thomas, wife of clarence thomas, has gone before the house committee. the panel has been trying to determine her role in efforts to help former president trump overturn his election defeat >> thought we would have something on florida there tyler, my apologies for that what we call a bad toss. florida seems

along with contessa brewer i'm tyler mathisen and here's what's ahead this hour the path to recession a long-time market watcher says a sharp economic downturn is going to get harder and harder to avoid. but he's finding some safety and opportunities in a few names we'll hear which and why plus, former treasury secretary larry summers calls the uk tax cuts utterly irresponsible and he warns of a possible contagion. we're going to look at the potential global ripples in just a few minutes. contessa >> hello, tyler. hello, everybody a midday market reversal has sent stocks deeper into bear market territory you're seeing the dow industrials off 3/4 of 1%. the s&p 500 off half a percent hitting its lowest intraday level since november 2020. and the nasdaq is off by a quarter percentage point driving the action here, rising yields the five-year yield hitting its highest level since 2007 the 10-year hit its highest level since 2010, closing in on 4% and the 30-year yield, look at this, hitting its highest level since 2014 you've got the five-year now at 4.2, the 10-year at 3.97, going up, a

tomorrow [ applause ] starts right now >> thank you very much along with contessa brewer, i'm tyler mathisen here's what's ahead on "power lunch. recession warning. will the fed's aggressive strategy to raise interest rates cause the economy to crack that's what starwood capital's chairman and ceo, barry sternlic, told cnbc this morning, and according to him, it could happen soon a look at why the fed's fight against inflation is growing more confusing >> plus, the end of work from home how far will employers go to get their workers back to the office full time? contessa >> recession fears keeping a lid on the kngains. the dow down 190 at session lows we're yo-yoing all over the place. the dow is barely in the positive, s&p 500 up half of a percent and nasdaq composite is up .75%. financial stocks are higher this afternoon as yields rise you're seeings goldman sachs up 1.79%. energy stocks are lower. valero, philips 66, baker hughes, all down roughly 4%. shares of railroad stocks are mostly higher after a last-minute labor deal was reached, and strike averted. >> all right the fed's aggressi

. >> thank you very much welcome to "power lunch," i'm tyler mathisen stocks have once again turned lower after briefly peaking into the green. as seema mentioned, the nasdaq is the one to watch trying to snap a six-session losing streak down 8% over that time right now as you see, it is off about 3/4 of a point today we're seeing declines in media and entertainment stocks not notably, warner brothers, it's all one company now, among the worst performers on the s&p 500. alternative energy stocks, they are higher and expanding a distribution deal over in europe, and next era upgraded by morgan stanley on hopes for hyde genjennifer tejad hyd hydrogen our next guest is bracing for further rate hikes he says inflation poses the greatest risk to risk assets joining us with his outlook for the market and some top picks, chief investment strategist at janney, montgomery, scott. what do you think the fed will do are you in the idea that they're going to raise by 3/4 of a point or a half a point? they do seem sort of hell bent on crushing inflation. >> well, they really do, tyler, and i think the

so they said i'm tyler mathisen in for shepard smith.nd supply disruptions already underway tonight, the race to avert a national crisis. >> the city was a key target in the first days to the counteroffensive >>> on the ground in a newly liberated ukrainian city the russian horrors uncovered. plus, the critical military demand zelenskyy is no

i'm tyler mathisen and the markets are closing out a down week with another big drop history-making in some ways. we've got the dow dropp ping bl $30,000, below its june lows the dow and s&p are now both below their june lows or have done so in today's trade the s&p a little bit back up since that happened. some big-name firms cutting their market expectations. and it's not just stocks, as scott and the team were talking about there, oil falling, too, below $80 a barrel for the first time since january, and that was before russia invaded ukraine. is $60 the next stop for oil and advice on how to survive higher rates three buys and a bail. we've got that, but we begin with the selling on the street and dom chu has some very, very nasty numbers. >> it's turmoil, but it's stabilized a little bit. you mentioned all of those superlatives i've got another one that you may not believe. first of all, we'll start with the numbers. dow industrials down 585 points at the lows of the session, we were down roughly 700-some points again, trying to find some stability, but still, it's 2% downside, si

i'm tyler mathisen along with seema mody, here's what we got. central banks around the world are hiking rates virtually all of them. global inflation fight is moving yields higher presenting investors now with new opportunities in fixed income and challenges across the book we've got your playbook. plus, the main street economy. we'll talk to the ceo of valley national bank to tell us what rising rates are doing to small business and consumer lending and how that is changing the outlook for the economy. seema. >> tyler, there are 121 new lows on the s&p 500 that is nearly a quarter of the index, a quick market check dow industrials fighting to get into positive territory at the lows it was down 189 points it's currently off by 4. s&p 500 lower by half a percentage point and the nasdaq composite, the underperformer here down over 1%. speaking of the nasdaq the chip stocks are getting hit hard at this hour. take a look at advanced microsystems, nvidia on semiconductor down nearly 4% to 5% and have an outperformer. one in my world. royal caribbean

i'm tyler mathisen courtney reagan to my left here's what's ahead. tech stocks attempt to come back after yesterday's rout from mega cap to chips to the cloud, the stocks to buy on the pullback are the ones to be wary of and those that have more to fall and what's the difference between low volatility and momentum etfs? maybe not that much. you might be surprised by those funds' top holdings especially if you're looking to offset some of these big market swingds. and stocks are off their highs modest gains right now today's gains slowly, slowly evaporating. the dow up 172 at the high and right now as brian sort of foretold a few minutes ago, i heard him say tentatively that he wouldn't be surprised to see the dow in the red before the close today. and there you see it, down 69thu a fifth of a percent s&p flat, nasdaq up about a quarter of a percent "wall street journal" reported netflix expects its ad-supported service to reach 40 million viewers globally by the third quarter of next year and shares of verizon are lower midday after an executive said

i'm tyler mathisen and the markets are closing out a down week with another big drop history-making inys. we've got the dow dropp ping bl $30,000, below its june lows the dow and s&p are now both below their june lows or have done so in today's trade the s&p a little bit back up since that happened. some big-name firms cutting their market expectations. and it's not just stocks, as scott and the team were talking about there, oil

glad to have you with us i'm tyler mathisen along with seema mody here's what's ahead. historic high. nomura senior economist calls for the fed to raise rates by a full percentage point. he will make the case for that as the divide grows over what the fed should do tomorrow and then we're going to hear from, yes, power player jay leno he is with us live from his garage he met up with none other than elon musk, someone he calls the greatest innovator of all time he'll tell us what they discussed about the future of cars and, seema, space travel. >> looking forward to that, tyler. less than two hours left in trade and stocks are near the lows of the session ahead of tomorrow's key fed decision. the dow is down 524 points about 1.7% s&p 500 lower by a similar amount and the nasdaq down about 1.6% bucking the trend is shares of humana, which is hitting an all-time high right now. the stock getting upgraded today by morgan stanley to overweight, citing an improved competitive position that will drive earnings growth. stock up just about fractionally at this hour in prepared