After a session where the dow and s p 500 have their worst single day point drop in history, what stocks make sense to buy in this new stay at homer ra that has been hammering the major averages, the dow plunging 1,191 point, the biggest point drop on record, the s p plummeting 4. 42 , and nasdaq nosediving 4. 61 . This is panic, okay this is what panic looks like. Particularly the last 45 minutes. We dont advocate panic because its not a strategy. You can have all the obvious defensive names. You can talk about the staples i can do that any day of the week, the stuff you need to stock up on when the outbreak sweeps through the country you buy stuff like this. The stock market seemed to be signaling in todays lows the last 45 minutes. I think the lows could be revisited. What the hell, the virus is a threeweek incubation period so well probably see more and more people getting sick people of course never went to china, which is always scary now, right we got the first one in Northern C
Time now for the global exchange, where we bring you todays market moving news from around the world. Joining us in singapore is enda caringlynd hong kong, from hong kong, karen leigh from westminster, anna edwards. Trade talks with the u. S. Are expected to resume in early october. Enda curran has more. Da obviously a signal here that talks are going to go ahead. Weve been waiting for some kind of breakthrough, and now weve had a statement from the Commerce Ministry that there was a telephone call that included china vice premier liue h china vice permit or china vice premier liu he. Theres a little less committal on the chinese side, but there is still a healthy dose of skepticism required. A lot of economists say that these two sides have a long way to go before they reach any kind of meaningful deal. Duember, more tariffs are in october and december. We had some commentary from the global times today outlining that both sides are in a deadlock, and it is in both of their interests
, except in these cases, for example, the door should not be open at all. Yes, you see, we are actually talking about a law and we are talking about a system that is based on islam itself, the teachings of islam, the way of ahl albayto that you see. Do you think that most of the Harare School means that everything you have been until now is over and it is up to you from today. It cant be denied, according to your words, there may be an expert, a gentleman in a position of responsibility, who wants to take advantage of this, which they sometimes say, for example , they say some disclosures, for example, the party now had information in any case. It means that he had easier access than others to a series of confidential information. Now sar bezenga has come to the benefit of his faction, his party and his group and raised the issue that this is not the approach of the system and we must separate it from each other, but i definitely believe that this care is needed. There is a need for le
No matter what model we look at, this means people whose hats are now being removed in a foreign camp, and there is no way to track it, there is no way to identify the culprit, starting from the fact that people are getting injured until, finally, sometimes we can see that, for example, the terrorist acts that happen through these platforms at that time , that is, to speak confidently and calmly, as you say , the way is opened for those platforms. Be more limited. Yes, what path did you propose . Yes, we proposed, and i saw that mr. President must now decide whether he should go one way or another. The technical discussion will be handled by the ministry of communications and the Software Discussion will be done by the cyber space council. There, the legal department, which has the legal department, will go back to the legal department. Whether or not it should go into law, for example, no, it is not necessary, no, it must go back to the legal department. Mr. President , orders.
Sandberg on the social Networks Earnings report ahead. And our extended sitdown with anthony noto about the companys latest media deal and capitalizing on trump. First to our lead. Apple shares dropped after reporting quarter earnings with iphone revenue falling short. The iphone has always been the moneymaker for the company, but sales were basically flat yearoveryear. Not terribly surprising, given the anticipation for the next launch in the fall, where we are expecting a big design overhaul. Apple also saying you generated also announcing it generated 7 billion in revenue on services, which is 18 growth from a year ago. This as the sectors ceo says he expects to double over the next four years. We spoke with our Bloomberg Contributor David Kirkpatrick and an analyst. David when you look at the quarter overall, it was fairly mixed. The one negative with the iphone numbers. But its one of those quarters where you can only put some so much emphasis on the iphone. You of course have tha