Drama in the Health Care Sector today. That group was the worst performing sector in the s p 500 on growing uncertainty over the republicanled health care bill, as senate gop leaders were looking to nail down final votes on their effort to repeal the Affordable Care act. Unitedhealth was a big drag on the blue chip dow index as a result today. But then just after midday came that statement from senator john mccain that he would vote no on the measure. That followed reports that fellow republican senator Susan Collins is leaning against the bill. And with the chance of passage declining, stocks moved. Health insurers including unitedhealth pared some of their losses and finished mixed. Hospital stocks got a lift by the end of the day. And the Dow Jones Industrial average lost just nine points, well off lows of the session, closing at 22,349. Nasdaq added four. The s p was up one today. And then theres apple. It had a rough day, capping off a rough week, its worst in the last year. The latest version of the iphone hits stores today. It appears there was less fanfare and shorter lines than for previous launches. Some say that could be due to poor reviews or the yet to be released iphone x, and the simple fact that more people are buying online. But ceo tim cook is pleased with the way things are going. I am thrilled. Heres what were seeing right now. The watch with lte, the series 3 watch, we are sold out in so many places around the world. And were working really hard to meet demand. Weve sold out of iphone 8 and 8 plus in some stores. Weve got good supply there. And so you can see whats going on here this morning. I couldnt be happier. Investors, though, a little bit less enthused. The stock was lower today and off about 5 for the week. And seeing a move like that in apple could make investors a bit nervous, since many of you own shares outright or through a mutual fund or retirement account. Is there reason to be concerned . Joining us is Piper JaffraySenior Research analyst, mike, good to see you. Thank you. You often get a pullback on apple shares when they introduce a new product. Certainly this was a big move this time around. Is Something Else going on . Theres a couple of things going on. One is definitely the phenomenon youre describinh we call sell the news phenomenon, after a big announcement. A lot of investors were anticipating a catalyst, and once we get past that catalyst of product announcements, you sometimes get a selloff. The second thing going on is clearly less hype around iphone 8. We think thats directly tied to more interest in iphone x. Essentially apple has stolen their own thunder with the iphone 8 with the iphone x in the staggered launch. We expect to see a shift towards more iphone x users in october. We should note that is a more expensive product, the iphone x. Would a pullback like this week in apple perhaps be a buying opportunity in anticipation of strong sales of the x . Exactly right. Thats what we think. And we raised our price target today, in fact, based on our expectations that, as you mentioned, the iphone x being a higher priced product will drive overall pricing higher which will drive profitability higher. We raised our price target today. We do think this pullback will be a buying opportunity in the long term. What happens to that iphone 8 that seems to be getting lost in the sauce here . It has had rather tepid reviews for being incremental, not revolutionary, in terms of whats being offered. Then you have the people waiting for the iphone x. Was this a mistake for apple to introduce these simultaneously, virtually . Well, i think the issue is really just the lag in the iphone x availability. This is unlike any release weve ever seen before for iphone. And i think as a result of that, we are going to see a bit of weakness for iphone 8 in the September Quarter. We may see a September Quarter not quite as robust as what some investors are hoping for. But i would say hang on for the december and march quarters because in general we should see an improvement, as i mentioned, in iphone pricing as the mix shifts more towards iphone x. Maybe well all have to be patient, i guess. Thanks for joining us tonight. Thank you. Overall, the stock market has basically shown its resilience, because this week investors witnessed a war of words between the u. S. And north korea like few have seen before. The market was also tested when the Federal Reserve said it would start to pare back its Stimulus Program beginning next month. Despite those concerns, the dow and the s p were both higher on the week. Bob pisani takes a closer look. T the issues the mark digest. Reporter its been a choppy trading week. The markets still managed to score a string of record highs. Three key themes were top of mind for investors this week. First, north korea. Geopolitical fears were back on the table as the war of words between president donald t and north Korean Leader kim jong un heated up. Kim said trump would pay dearly and north koreas foreign minister fanned the flames by saying north korea might test a Hydrogen Bomb to teach the u. S. A lesson. Despite the clear danger, there is some fatigue in the market with all this back and forth. In puerto rico, the second of two hurricanes, carmax said it closed six stores in houston for a week after hurricane harvey. Hurricane maria may brush the east coast of the u. S. In a few days. Finally, perhaps the biggest single mover of the market was higher Interest Rates this week. The Federal Reserve hinted that another rate hike was just around the corner and the yield on the tenyear hit its highest level in a month. The twoyear yield soared to a nineyear high, giving a hefty boost to the banks but dealt a blow to utilities and real estate. Those were more defensive names. For nightly business report, im bob pisani at the new york and maybe no surprise, those rising tensions with north korea lifted the defen sector this week. The defense and aerospace etf itself rose about 4 . But north korea isnt just an issue that wall street is watching. Our allies in south korea are watching. Our chery kang has more. Reporter north koreas foreign minister told reporters that north korea could test its Hydrogen Bomb in the Pacific Ocean in an unprecedented level. Now, this is according to south koreas news agency. To put this into context, the foreign minister of north korea was asked by reporters about what kim jong un meant by, quote, the highest level of hard line measure in his statement that came out in his reaction to the trump speech at the United Nations earlier in the week. Now, north koreas top diplomat did add that he did not know kim jong uns exact thoughts. North korea conducted six Nuclear Tests so far, and all of them have been done out of underground tunnels in its territory. Kim jong un earlier in the day criticized the trump speech, saying that it did not help defuse tension in the region, and added that u. S. President President Trump was, quote, unfit to hold the prerogative of supreme command of a country. For nightly business report, im chery kang in seoul. Strong words. What should investors be watching as the war of words intensifies . Its nice to have you with us, meredith, welcome back. Thank you for having me. First of all, the rhetoric that we have heard this week is like nothing weve really heard before between the u. S. And north korea. But the market has not reacted as vehemently as some thought it would. What would you be watching in the next move between the u. S. And north korea that investors might need to be aware of . Sure. Certainly we have seen many different cycles of escalating rhetoric and tensions between the u. S. And north korea. And so investors are likely watching this cycle for clues as to where things are likely to head next. I would suggest that investors take a look and see how u. S. Military and National Security advisers are speaking to President Trump about the way to conduct the diplomacy, the maximum pressure diplomacy campaign, to compel kim jong un back to the negotiating table moving f. Despite the heated rhetoric you see this week, watch in coming days for signs from washington that washington will double down on its maximum Pressure Campaign to try to get north korea back to talks. Let me ask you a little more, meredith, about the market response to this or the lack thereof. A couple of weeks ago, we had what we called a safety trade, they rushed to gold, they rushed to bonds and put the yields at the lowest levels of the year. Now weve recreat createdseatce safety trade, even though the rhetoric has ramped up. Is the market looking through all this rhetoric and believing that things will work out . I think its more so the latter. Washington just came out with an executive order to increase financial pressure on pyongyang. Fresh sanctions that are indicative of how washington will approach this relationship moving forward. Washington and for that matter pyongyang, regardless of the rhetoric that youre hearing, neither side wants a military confrontation, in fact far from an it. I believe investors are beginning to understand this and watch for this. As long as the u. S. Continues to focus on that Pressure Campaign, thats what we could expect thats how we can expect the markets to respond. You do, however, have a percentage of probability just in case there is a miscalculation. Thats the real danger, right, that theres miscalculation, either on the u. S. Side or on north koreas side. Absolutely. Currently weve placed that probably the of a military confrontation at about 20 . Thats precisely because when you have these situations of heightened tension and when you have threats that are being thrown back and forth, the risk for miscalculation on one side or the other is indeed quite high. Meredith, thank you so much. Thank you for having me. Appreciate having you with us tonight. Meredith sumter with the eurasia group. Ahead, the latest city to deal a blow to uber. Chief imports of solar panels from china and other countries hurt american manufacturers, says the u. S. International trade commission. They have until midnovember to recommend a remedy to the president. The commission raised the possibility that the Trump Administration will decide to impose tariffs that could double the price of solar panels from abroad. Shares of American Solar panel maker first solar rose on the news. Meanwhile, uber has been banned in london, as unfit to run a taxi service. It was stripped of its license to operate. Certainly a major setback for a company known as one of the Fastest Growing startups. Jim acton reports for us tonight reporter theres been a significant public backlash against this decision to not renew ubers license. Apparently 3. 5 million londoners use uber, around half the population, which explains why the petition was already signed by a quarter million people. What people are saying is, look, there isnt a credible alternative in the evenings. Yes, there are some night buses, but the underground trains only run partially. And black cabs are not a credible alternative for everybody. Theyre very expensive. Sometimes they only accept cash. And there just arent enough of them on the streets. In fact a lot of the angry is being directed against black cabs themselves who have pushed very hard for several years to have uber banned. The conservative party has said once again labor has gone too far and its ordinary working people who will pay the price for this decision. They did concede, however, there are safety concerns with regards to uber, and these need to be looked at, which is exactly what london mayor sadiq khan has said. He focused on the safety and Security Issues when he supported the decision. He even said, look, its not transport london that people should be annoyed at, its uber themselves for flouting th he denied in july that he has ambitions to lead the labor party or be prime minister. Instead of an outright ban, perhaps uber will simply be forced to raise its standards a little in order to keep operating. For nightly business report, im gem acton in london. In fact in a tweet late today, ubers ceo wrote, dear london, we are far from perfect but we have 40,000 left hand drivers and 3. 5 million londoners depending on us, please work to make this right. Facebook bows to investor pressure. Thats where we begin tonights market focus. The social media giant has scrapped a proposal that would give Ceo Mark Zuckerberg voting control of the Company Despite owning few shares. Last year investors filed a Class Action Lawsuit to prevent facebook from issuing a new class of shares, a move investors said would cause shares to lose billions of dollars in value. Facebook shares fell slightly today to 170. 54. Sales at finish line remain under pressure. The athletic footwear retailer said promotions in the latest quarter caused same store sales profits to miss the mark. The company says it expects the retail environment to remain challenging and as a result cut its earnings forecast for the years. But the company had preannounced earnings and analysts said nothing in todays report surprised investors. Finish lines shares finished up. Hewlettpackard enterprises reportedly planning to lay off 5,000 employees, 10 of its global workforce. Bloomberg sayings the room is part of an effort to trim costs. Hewlettpackard employees in the u. S. And abroad are expected to be affected. Shares rose nearly 3. 5 to 14. 26. General electric is reportedly in talks to sell its Industrial Solutions unit to Swiss Engineering Firm abb for as much as 3 billion. According to bloomberg, the companies could announce that deal as early as next week. Ges shares rose 12 cents today to 24. 87. And phillips 66 partners is buying pipelines from Parent Company phillips 66 for nearly 2. 5 billion. That deal will give phillips 66 partners more assets in the important backen basin. Shares rose almost 6 today to 51. 40. Thats tough to say, sue. And you did it so well, bill. A little tongue twister. Here are three stock picks. The last time she was on in march, she recommended amgen, up 4 . Johnson johnson, higher by 6. Abbott labs is up 15 . Joining success nancy tangler, chief Investment Officer at h d heartland financial, welcome back. Thanks for having me, sue. Lets get to your picks. Texas instruments number one on the list. Why . Yes. So this is a Company Management team that was very wise and diversified away from the mobile space into industrial and auto chips. So theyre the largest analog chip maker. And in doing so, they lowered their cost structure and promised to return 100 of Free Cash Flow to the shareholder. Which they have done. Dividends are up 25 over the last five years on an annualized basis. Yesterday they announced a 24 Dividend Increase and expectations are for another 20 next year. So total return to the shareholder has been quite robust and we expect it to continue. Home depot, i mean, this has been sort of the darling of the Home Improvement sector. And i wonder, you like this, and i wonder how much of that is also influenced by the impact of the big hurricanes weve seen recently and the need that the company is going to be able to fill. Yes. Well, thats one of the unfortunate benefits to home depot. And we still continue to wish our fellow citizens very good luck in getting things back on track. But in addition to that, bill, the Company Benefits from two things. One is, i do believe theyre amazonproof, despite the fact that amazon is interested in selling appliances and plans to online. Home depot has built up a very fastgrowing ecommerce business. It grew over 20 in the first half of this year and 16 last year. But more importantly, the American Home stock is aging. Twothirds of homes are 30 years or older. Half are 40 years or older. And the average Home Improvement cost in that range is about 3500 a year. So home depot, while it has had a nice run, has a great yield, has raised its dividend in the 20 range over the last five years and is an extraordinarily wellmanaged company. Our last pick, xlp, a consumer stable spider, kind of an insurance policy, you might say. Exactly, against a correction. No one likes that space right now, because the market keeps going up. And those stocks are just sort of sitting there. But if you look back at the last bear market we had, january of 08 to june of 09, that etf went down half as much as the market. And over the full cycle of that bear market, it actually was up 25 when the market was down 2. So this is not if you think the market is going to continue to go up forever, then this is not necessarily the place you want to be. But if you think there is room for a correction, these stocks and this etf in particular will stabilize with the 2. 7 yield, and companies that grow their earnings by 5 a year, very stable. Its always good to have an insurance policy, right . Thanks, nancy, have a great weekend. You too, sue. And i dont think the market is going up forever, by the way. Coming up, why Silicon Valley is betting that the future of food starts in a labo california has been one of the Fastest Growing states in the nation. But a new Study Concludes that its momentum may be slowing. According to beacon economics, the states workforce is effectively now at full employment, which means future job growth and economic gains will be curbed by the availability of workers. California, as you may know, is the biggest state economy in the united states. Sue . Bill, walmart is taking grocery delivery one step further, now testing a service that would unpack your groceries and put them away. The retailer is partnering with a provider of smart locks and home accessories. The delivery person would get access to the customers house using a preauthorized onetime pass code and put the groceries in the fridge so whats for dinner . Burgers certainly a popular choice. Would you eat not one from a cow . It doesnt come from a cow but from a laboratory instead. Some Venture Capitalists are hoping the answer may be yes. Our aditi roy reports tonight. Reporter it looks like a burger. And hannah can tell you it sure tastes like one. The first bite, it tastes like a burger. Reporter but the reason this dietitian keeps eating the impossible burger is its not a traditional burger. It was created in a lab. This was what the test kitchen of a Food TechnologyCompany Looks like. You have mixing bowls and patties of meat. On the other, im wearing lab glasses and a lab coat. Our mission is to completely replace animals in the food system. Reporter pat brown is a former stanford biochemist who started impossible foods, which is backed by google ventures, bill gates, and kosla ventures. The burger is already in restaurants in new york and soon it will be in even more kitchens across the country. This new impossible Foods Manufacturing plant is making 1 Million Pounds of fake meat a month or more than 250 times what the Company Previously produced. Were targeting exclusively meat eaters. These are the only customers we care about. Reporter brown says the reason for the burgers success is the active ingredient in it is soy hemoglobins which makes it taste more like meat. But the ingredient has come under fire from some environmental groups like the etc group, which questions the safety of genetically modified ingredients. The group is asking impossible foods to pull the burgers off its shelves until it can prove its safety. The fda reportedly also has concerns that the ingredient might be an ailllergan. But brown is adamant about the burgers safety. I would say the impossible burger is the safest burger on the market. Reporter according to cb insights, top Venture Capital firms are pouring vast amounts of money into food substitute companies. Soylent raised 50 million in may. Impossible foods raised 75 million in august. The Meat Substitute Industry alone could reach 6 billion by 2022. Hannah is sold. She says shes sinking her teeth into the labmade burger because it just her feel better than the real thing. Usually after i eat a regular hamburger, i feel tired, i feel like crap, and i have terrible breath. I notice i didnt feel bad physically after i finished this burger. Reporter the company doesnt plan on stopping at burgers. They hope to expand to other types of food made in a lab including fish, eggs, and dairy. Im aditi roy for nightly business report, oakland, california. Im not convinced quite yet. Well see. Me either. That will do it for us tonight. Im sue herera. Im bill griffeth. Give me a burger. Have a great weekend, everybod this is bbc world news. Funding of this presentation is made possible by the Freeman Foundation and kovler foundation, pursuing solutions for americas neglected needs. Planning a vacation escape that is relaxing, inviting, and exciting is a lot easier than you think. You can find it here, in aruba. Families, couples, and friends can all find their escape on the