It fell to a four year low and a rotation out of Growth Stocks some of those recent ipos all falling sharply today. Were down 237 points on the dow not far from the session lows. S p is down and nasdaq is down joining us for the full first hour of the show, dna nathan quick take on the market move. Its very similar to what weve seen in the last week of the first month of each radiator when weve been in earnings this hold year. We saw this in q1. We sold afterwards we saw it again in july. Other we are we made an incremental high. Thats what is consistent. One thing that took it down into enthusiasm about low expectations on earnings with some sort of negative headline about trade and i guess the question is, is this playing out the third time in a row this year Communication Services and utilities with materials, industrials, financials all down more than 1 well focus on the big stories. Bob pisani is covering todays market Kayla Tausche has the latest headlines on china mike santoli h
December 2008. Brent had its best day since collecting data. You are still looking at wti at 61. 81 and present at 65. 85 in asia, the knnikkei up about 3 points this morning, some early trading in europe, fairly muted there. Ftse slightly higher in france, the cac slightly down, so is the dax. Check out treasury yields, the soyear is now yielding 1. 833 the 30 year a little lower but well above what weve seen in recent months. Lets talk about the corporate story of the morning wework now delaying its ipo. Surprise but says it will still go public by the end of the year the company has been prepared for its investor road show which was supposed to take place today. But made the decision last night to stand down. This reportedly over concerns that there is not enough stock mark et investors. Work reporting they will not go public until at least october at the earliest adam neumann wants to get through the jewish holidays before he considers the next steps. Because that is what is keepin
Cofounder ofhe overlap in the future growth of these markets . s stake in juul, apple, Steve Wozniak. He discusses everything from trade to services, privacy on they paid about 12 million. Facebook. Federal officials charming when it comes to the heat not former uber engineer anthony burn product, it is the levandowski from stealing exclusive distributor in the u. S. Technology from the waymo unit. They are both vapor priority for the noncombustible products. They do target separate niches. Juul tends to be a younger fbi. Adult, some even minors trade secrets, these are the unfortunately. Crown jewels of companies. Taylor joining me to discuss is the other product, because it uses finely ground tobacco as bloombergs eric newcomer. Opposed to flavored nicotine, it what a long saga it has been. Targets an older demographic, which really looks to the a total surprise. They settled this a couple of oldfashioned tobacco, almost like a pipe experience, as years ago. There had been a private
We speak to the cofounder of apple, Steve Wozniak. He discusses everything from trade to services to his strong concerns on privacy on facebook. To our top story federal officials charming former uber engineer Anthony Levandowski with stealing Driverless Technology from the waymo unit. This is one of the most intriguing recent legal battles in Silicon Valley and a top priority for the fbi. Tolerate thell not theft of trade secrets. Let me be clear these are the crown jewels of companies. Taylor joining me to discuss is bloombergs eric newcomer. What a long saga it has been. What have we learned today . Eric this was a total surprise. Uber and google settled this and while ago. There had been a private arbitration. But the idea that there would be criminal charges is something i think people had largely given up on. It has just taken so much time. This is a big deal for Silicon Valley. Taylor talk to me about the difference between the two trials. They settled one, arbitration. But this
Him in his eyes the audience votes outfox them and what is being though is just the politics just senior level of excellence to button them and up and and because if not. The d. M. Z. Politique we can come one thats at least 2 steubenville bellowing but of a fickle. Is along his mention of the planet and keep to do with mizuho vip box to win a huge how does faith in the one up in the above you just read off. Where does this unshakable belief in Economic Growth come from. Is it always been there. Is a drill a part of human nature. It was through a dangerous and imaginative use of mass production methods but there was a lot there was able to perform much more time marable to build more planes at all the United Nations put together to turn our ships at the rate of 200. 00 a month ships which carried overseas beyond might of the United States to decide the outcome of a war. The Success Story of Economic Growth began during world war 2 mass production of tanks and aircraft let the American