unitedhealth group following as well.rag is this news amazon, jpmorgan and berkshire hathaway are adding to their employees. stocks, as we have the selloff in stocks, we have the selloff in bonds as well. that, we have not seen level going back to spring of last year. definitely this is something that is on investors minds. shery: big moves today. now for bloomberg first word news headlines. mark: steve mnuchin today told the senate banking committee russia will face new sanctions following the publication of a list of russian billionaires and ties to vladimir putin. secretary mnuchin did -- denied delaying the release. yesterdayhouse said no new sanctions were needed. >> the intent was not to have sanctions by the delivery report. the intent was to do a thorough analysis. hundreds of pages. there will be sanctions that come out of this. mark: some are upset the report was not immediately accompanied by fresh u.s. sanctions to punish russia for meddling in the 2016 presidential election. opponents of the military campaign

cvs health and unitedhealth. news hitting insurers.he pbms and insurance companies where you can see extra fat trimmed by cutting these guys out. unitedhealth down by 6.2%. aetna is being bought by cvs is down 2%. anthem is off and humana has a deal in the works to buy a line of hospital operators down 3.8%. >> j.p. stocks down 3% >> before this news hit the dow was down 160 points. >> i'm raising the question if your stock is starting to do something, does that in fact concern you? this becomes a bigger part of the pie. clearly this is more of formation and potentially the middleman rather than insurance company themselves who are the health insurers and pbms. >> for those particular -- >> for amazon, jpmorgan and all the berkshire hathaway companies. if you can figure that out you win the game. >> probably even out a few employees. i absolutely agree >> we will have more on that story throughout the show. meantime, a fed meeting. earnings and the state of the union are in focus for investors. there are some international names that i

unitedhealth group really had down by five and anthem off by 6%. david: he is one of those people that warren has tapped to be the future investment managers for that company so that's a pretty big name. he is taking this awfully seriously. alix: amazon berkshire hathaway and jpmorgan are announcing a partnership on health care. for their u.s. employees. they want to include -- improve employee satisfaction and reduce the cost. they're trying to bring their scale and complementary expertise to this effort. amazon stock barely positive in the premarket. archer hathaway and jpmorgan not going anywhere. anthem, cigna unitedhealth getting hit in the market. really huge news. i want to bring us back to washington and the state of the union. when the things we are going to be looking at is infrastructure. even before the president addresses that we have chuck schumer. coming out and saying and the washington post this morning only a plan with direct investments can properly addressed scale up the challenge we face. initial indications are that the presen

unitedhealth down 3.75%. express scripts 5.7%. cvs, aetna, down 4%, 2%.ire group is selling off. pharmacy benefit manage es, warren buffett one of the three companies here, talking about over 500,000 employees between the three of them. he noted that big picture here, the ballooning cost of health care acts as hungry tape worm on the american economy. the three together are putting together talented experts, technology, in order to move health care forward. back to you, neil. neil: thank you very, very much, nicole. a doctor on the very subject says this is what the doctor ordered, welcomes this development on the part amazon, jpmorgan chase and berkshire hathaway. a doctor joins us now. you like this. why? >> i do. i think it is huge, mom you meant and anything that can have positive impact in the lives of my patients i'm all for it. three huge corpses are coming together to provide health care not just for employees but for their families. that has to be over a million people. but my concern is that the doctor as i want to make sure, i hope that the car

unitedhealth group, caterpillar, 3m, and home improvement retailer h if you add these up, you'll see that just about half of the dow's gains between 20,000 and 25,000 were just these five stocks alone. it's not all positive. some of the names didn't do all that well. check out some of these. pharmaceutical giant merck has dragged the dow down during that timespan. general electr is not a big high priced stock anymore but it dragged 82 poi dow's performance. big blue, ibm. as we talk about the march for the next leg higher in the dow jones in average, we'll talking about whether or not e stocks can turn around or whether the momentum in shares like boeing, home depot and others can maintain that upside. for "nightly business r i'm dominic chu. >>> to the economy, where u.s. employers created 250,000 jobs last month, much more than expected. it i the latest report pointing to strength in the economy. and as steve liesman tells us, it's the economy that's playing an important role in the stock >> reporter: some stock market surges take flight on the hot air of just hopes and dreams. but

unitedhealth group out with earnings. because of taxes, earnings will be higher in 2018. merck announcing positive results related to its lung cancer drug. those shares up. citigroup saying despite the $22 billion charge, it will stick to its payout for 2018 beyond because of tax benefits going forward. general electric down 3% after the announcement of that big write-down of $6.2 billion. the size of that will be $15 billion over seven years, much larger than the company had signaled. end -- mention at the amazon shares trading at a record. they had been rising for 10 straight days. 13.5% already. -- theanalyst commentary ishest target analyst, $1600 where he thinks amazon shares are going to go. mark: stocks are up for the second day. look at the bottom of this chart, it's almost significant what's happening to oil and gas and basic resources. basic resource stocks falling after the best streak since october of 2015 as the dollar rises today. oil stocks falling for the first day in 10 after the longest winning run since october 2006. let's talk about inflation in u.k. i

record.ares at a unitedhealth group coming up with its earnings, boosting its forecast for 2018 with a lower tax rate. those shares up 2% as well. the laggards, a combination of energy and materials here. mosaic lower. there's been bearish commentary -- credit suisse coming out saying there's too much positive sentiment on nitrogen. just big and southwestern downgraded to underperform from neutral -- chesapeake and southwestern downgraded to underperform from neutral. vonnie: thank you for that. we want to bring you more on that breaking news. nestle will sell its u.s. confectionery business to ferrero for $2.8 billion. nabila ahmed joining us for more. we have confirmation. about a shiftlly away from unhealthy snacks. nestle wanted to get out of this business. they've been steering away from chocolates and sugary sweets. they are now the leader in the consumer unit. the relatively new nestle ceo is repositioning the company away from sweets. for ferrero, this is about buying in u.s. market -- into the u.s. market. utella is not that huge in the u.s. vonnie: what about the brands? so

comey unitedhealth group, and citigroup trading higher. david: thank you so much. they: time ticking down for government to pass a spending bill with negotiations of against a wall. what are the prospects for a shutdown? christopher lu will be here next. this is bloomberg. ♪ ♪ shery: this is "bloomberg markets: balance of power." i'm shery ahn. david: let's turn to bloomberg's first word news with mark crumpton. mark: former white house strategist steve bannon has been subpoenaed by special counsel robert mueller. that is according to the new york times. willand will -- bannon testify in the investigation between possible links from russia and trump's associates. world economics organizers say india's prime minister will deliver the opening remarks at and week's conference, president trump will deliver a keynote address before friday's closing. the forms president says he thinks both leaders remarks will become pulmonary to each other. bei think they will complementary to each other. but each of these speakers and own thewill have their point and share their insigh

down at the opening team with unitedhealth, team with cvs that's the partnerships they need to think these people have tremendous knowledge and can bring them, they're working towards the same goal i say bravo. more employers like a walmart, general motors i hope will join in to this consortia then they have to figure out, how do i keep the employees healthy? that's where we're going to cut health care costs, that and negotiating harder and disintermediating. >> right bill, ipsita, thanks the effort announced today they say is in its early planning stages we want to emphasize that. thanks to you both >> thank you >>> we have a quick reminder for we're going to be talking more about how amazon among others is entering the health care business our first ever healthy returns conference in new york city. for more information and tickets go, to contraction nbc.com/heals >> let's go over to jon fortt. >> f.a.n.g. investors take notice we have the head of germany's anti-trust office. going to talk to us about why thhearok may have gone too f wi t targeting and what happens next that's comin

unitedhealth also has the pharmacy benefit side and it's getting some pressure on that side as well theseiddle men are ones that have been under pressure and a the love folks have been saying they need to come down on their pricing. but the ones who may be among the winners, if indeed this initiative does go large, could be some of the providers like the hospitals. they're up today in part hca having a better than expected earnings results better than expected admissions. but hospitals could maybe start contracting directly with them, lefrg the insurers out, lefrg the middle men out and getting better margin with regard to that while trying to give them pricing. but ultimately when it comes to controlling costs, you really have to try to get better prices, not just on the services, but really when it comes to drugs and health care itself >> bertha, i have a quick question for you i know you've been following this all very closely for quite some time. we've seen some consolidation coming into this sector even ahead of all of this news. you know, cvs and aetna and the other deals expected t

david: led by shares of boeing, visa, unitedhealth, there are new are record highs for all the major averages. nicole petallides, looks like we're close to the day's highs where we're ending. what brought on the last minute enthusiasm? >> amazing how the market continues to the upside. eight of 30 dow stocks hitting records. momentum continues. just can't quit. we saw technology and health care leading the way, despite a miss on headline number on the jobs report. you still have 148,000 jobs added. 4.1%. a 17-year low. watching markets for the week t was a great week. markets up two and 3%. s&p and nasdaq having the best weekly gain since december of 2016. so pretty stellar there we should say. what really was the miss in the jobs report was retail. looking at sears, it is down 2.8%. this as sears is announcing 100 stores will be closing. kmart and sears in march and april, under pressure. the stock is under pressure. stores have not been performing as well. turn that arrow around, we're watching netflix which crossed 210. including david letterman landing first new guest for his tal

right now the winners, merck, unitedhealth, goldman, visa. on the downside we saw general electric coming under pressure early this morning after the company is taking a $6.2 billion charge to the insurance portfolio. nike under pressure. techs soared in 2017. led the way. those favorite that hit highs have been doing so again today. they have given a little bit back here in the 2:00 p.m. hour. we do see netflix and apple to the downside but i will say, trish, that these five names hit all-time highs today. as i toss it back to you. we'll see whether or not we can close above the 26,000 mark and really nail down that seven trading days. but it would be fastest of all time no doubt. trish: incredible for sure. thanks so much, nicole. joining me with his thoughts, forbes media chairman, editor-in-chief steve forbes. >> good to see you. trish: every time i see you, a new high, a new record. i'm getting kind of used to it. how about you? >> i think we all are and the good thing is you don't yet see outside of wall street the giddiness you saw in

stocks such as cvs, unitedhealth, cigna, humana. berkshire chief executive warren buffett said the ballooning costs of health care act as a hungry tapeworm on the american economy. our group does not come to this problem with answers but we do not accept it as inevitable. amazon, berkshire hathaway, jpmorgan announced plans to create a business that would provide health care to u.s. employees at a reasonable cost. those three companies together have more than 1 million employees. investors are starting to calculate the traditional health care companies are going to face serious competitive pressures. finally, all eyes are with you in d.c. investors care about president trump president trump stone tonight. one analyst told me the president is a champion of growth. investor sentiment tomorrow will be guided by the topics in the manner the president's address tonight. >> bret: deirdre, thank you. let's talk more about tonight. kellyanne conway is a counselor to the president. she joins me right now. thanks for being here. we just heard

this is happening -- having a big ripple of flecked in the insurance market in particular as unitedhealth and cigna all fall. it really spreads for almost anything touching health care in today's session. as promised, bitcoin. which we mentioned earlier. we have a chart now hear what we have seen happen in the past year, still holding above $10,000 for bitcoin at the moment. we have seen a breakdown in bitcoin prices, as you can see clearly from the chart. today's catalyst beside the general risk off tenor in the marketplace today is scrutinizing one of the world's largest cryptocurrency exchanges. tether, a coind exchange it operates, are being scrutinized. those coins have been popular for dollars on cryptocurrency exchanges. tether says all of its coins are backed by u.s. dollars held in reserves but critics on tether have asked for proof of these reserves and thus far have not gotten any. we will see what happens with the investigation. julia: when you're talking about bitcoin, just incredible. thank you and we will talk about that story in more depth later in the show. more on the ma

walmart, microsoft, jpmorgan chase, travelers, unitedhealth.upont, and goldman sachs and, now, home depot. nine stocks, dow stocks, all-time highs. don't forget gold. the treasury secretary said a weak dollar is good for the u.s. the dollar is down and gold is up. you need dollars to buy gold. we're up 21 bucks on gold at 1358 per ounce. >>> now this, listen to this question that a reporter asked gary cohn about the bonuses that hundreds of companies have already given to their employees as a result of the tax cut. roll it. >> we just had a litany of businesses that are going to give back to the american people but doesn't, isn't it unfair to give the president credit for that? they already had that money in their coffers, right? what we're saying -- they would have not turned lights otherwise? stuart: say that the reporter was rather skeptical about giving any credit to president trump for the give backs that corporations are now giving back. ed fuelner, with us, heritage foundation founder. i think gary cohn answered the question very well. h

. >>> two stocks to watch, dow component, unitedhealth. 8 cents above estimates.sed its full year forecast adjusted up another 2.5% this morning. almost six points at another all-time high. u.s. lawmakers are reportedly urging at&t to cut commercial ties with china's huawei at&t was forced to scrap plans to sell huawei phones after members of congress lobbied against that idea. >>> one year after president trump took office we are looking at the issues the president's campaign promised and what's been done. kayla tausche joins us with a look at trade and what's been happening. >> reporter: good morning, becky. president trump's vow to rip up trade deals touched a nerve. they have proven harder in practice than in theory to implement. on day three in office he withdrew from the trans-pacific partnership. that deal had already been rejected in congress no such talks are in progress. an effort with japan last fall led to japan urging the u.s. to rejoin t.p.p now it's the future of the north american deal, nafta, that is unclear. trump on the campaign trail left littl

unitedhealth within the dow jones industrial average raising its profit outlook. the stock is up 2 1/2%. with that, they're saying because of the corporate tax cut, that is one of the reasons they speed up tax investment at an aim to cut customer costs. another mover is merck, jumping on news of positive results from a lung cancer trial. that is up 7 1/2%. we're watching general electric a different picture. the stock is under pressure. they cut the dividend. they're working on the company since late last year. it is down again 3 1/2%. the latest on that they expect to take a billion after-tax charge in the fourth quarter, reviewing ge capital insurance portfolio. so a charge will be taken there. another tough day for general electric. big picture, dow 26,000 in just he have seven days. we'll see whether or not we close above the market, up 160. neil: i ask you this every milestone but do they get nervous there? everyone likes stocks going up but though know eventually things go down. are they worried about it going down? >> interesting you ask that. that would be

unitedhealth and citigroup reported better-than-expected earnings.e s&p 500 companies that had reported as of friday, 69 percent have surpassed earnings-per-share estimates while 85 percent have beaten expectations on the top line. congress is hurtling towards a government shutdown - and trump is making everything worse .. .congress has until friday to pass a funding bill and avoid a government shutdown. the negotiations to avoid a shutdown are focusing on two issues: spending caps and the deferred action for childhood arrivals program. president donald trump's "expletive countries" comments and twitter attacks are a complicating factor. while the risk of a shutdown is elevated, congress may simply pass a short-term funding try to work out more issues before a deadline. bitcoin slides 18 percent to a 6 week low, rival cryptocurrencies plunge on crackdown fears .. . bitcoin slid as much as 18 percent on tuesday to a six-week low, as fears of a regulatory crackdown on the market spread after reports suggested it was still possible that south korea coul

fellow dow member, unitedhealth going in the opposite direction. the stock is rallies and amazon take a look at that, trading at all-time highs. that is the highest on the street brian? >> thanks, mel here is what else is happen, a big hedge fund eyeing twitter. greenlight's taken a small position in twitter. it's not helping the stock, though we have called the energizer bunny. now they're getting into the rally, buying ray ovac with specter and we're going to head live to the detroit auto show later this houring to a look at the cool car stuff. roberto pisani is down at the stock exchange. >> seven days, and we're running out hats i called peter and said we have to order more hats we need them down here remember this -- big stocks, big price stocks move the market more if you look, boeing, of the thousand points we moved boeing is 34% of that the caterpillar almost 9%, eye nightedheath, home depot, you get the idea they're 60% of the gains of the dow 30 they're the highest priced stocks as well notice the days to rally are getting shorter you're

unitedhealth group, 429 points from them.far leap above and beyond all the other ones out there. chat pillar added 407 points by itself it, 3m added 306 points and home depot added 355 if you take the five stocks, add them all together, we're talking just about half of the 5,000-point move in the dow in that time span just because of these five names, nearly 2500 points that have 5,000-point move back over to you, melissa. >> thanks so much. intel and some of the other chipmakers are scramblinging to pass security flaws in chips that power nearly all the worlds pa cz, phones and data centers john >> thanks. intel ceo's telling me that this isn't just an intel problem, it's industrywide for high performance computing devices. some phones and tablets could be affected, too. intel rival amd pushing back on that a bit pointing out its chips aren't vulnerable to all three of the exploits that researchers found mainly just one of them. intel saying the actual problem might not be as pressing as some make it out to be. >> we found n

the big winner on the dow for the week was unitedhealth while ge was the big laggard and for the session a nice rally lamb research, big earnings in the semiequipment space. ge also the laggard on the s&p this was down 13%, mike. >> ge seems to be the anti-bellwether. it's remarkable that the market is going vertical to the upside. and ge is essentially in liquidation mode right now by investors. >> evan, what are you thinking about the markets overall here that day this week where we shot higher and then reversed, then shot even higher today the shutdown concerns -- we have eight hours to go and there's not a lot of anxiety about that. >> i think a lot of this is based on funds flows i think early -- i want to say, january 19th, it's been a great year in the stock market everybody can go home now. what's the s&p up so far, 6% >> almost 6%. >> the s&p f it compounded at this rate for the whole year it would be up 124%. >> totally normal. >> it's been a great year. i think what's interesting to me about the market is this question of where does it go from here? you've seen so much strengt

also check walmart, visa, home depot, you unitedhealth, 3m, all dow stocks all of them today, this morningrd highs again. >>> morgan stanley, look at it go. it's a 10-year high put out very nice earnings report. the market likes it. 55 bucks a share on morgan stanley. alcoa, oh, not good, down 7.8%. they lost money again. that is the bottom line here. a 2 bucks a share. down -- 52 bucks a share. down $4. >>> top of the hour apple makes a huge investment in employees and in america. joining us lawrence jones, host of the blaze. that is not crumbs the give-back. i said at top of the hour, capitalism is working. what say you. >> it is working. officers i have to apologize you to last time i was on the show in person i was upset about supporting tax reform bill because i didn't think it went far enough. i thought it, didn't go far enough. stuart: apology accepted. >> it would be a little bit more. i didn't think it would be that much beneficial but it is killing it. it is, these employers are putting their money where their mouth is. they're investing back into america. i'm sorry nancy pelosi