The dow now negative for the year and combined with friday investors have seen 1. 5 trillion in market value wiped out. Wall streets so called fear gauge, the vix, hitting its highest level in nearly 2 1 2 years. Welcome. Tonight, the question is quite simple has something changed about this record bull run or is this a buy and dip market or, guy adami, something more severe and more dangerous at work here for me to say nothing has changed would be disingenuous. We quite frankly dont see 1600 point moves in the Dow Jones Industrial average every day clearly something has changed. Historically, the last seven or eight years, the market opened down, rallied back to unchanged. Last six months that rally would have continued and extended higher, would have closed higher obviously you didnt see that today. That is a fundamental change what also changed, something that theyve been talking about for quite some time. The level of complacency has hit levels we havent seen in the past two decade
Trade center for a ceremony that began with a moment of silence and reading of the names of the more than 3000 people killed. News 24 hours a day. I am in the chandra. This is bloomberg. Bloomberg technology is next. Emily i am emily chang in this is Bloomberg Technology. Cupertino hits reset. We will discuss the latest phones on tap and other products to be unveiled in just 24 hours. The fallout deepens after one of the biggest data breaches in u. S. History. We break down the ongoing Disaster Management at equifax and the new rules being drawn up for better corporate transparency. Has added thousands of items to its website causing a surge in online sales. The countdown to apples biggest event in years. Worth 800ant now billion is expected to unveil three new iphones on tuesday, including a Premium Model called the iphone x that carries a price tag of 1000. The publicity is a reminder of how much the Company Relies on the iconic gadget which still represents about 62 of sales. We wil
They have dispatched troops to islands in the caribbean. Opposition politicians compared the british response to france, which sent troops and had two frigates in position ahead of the storm. Today marks 16 years since the deadliest attack on u. S. Soil. Survivors gathered at the World Trade Center for a ceremony that began with a moment of silence and reading of the names of the more than 3000 people killed. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. I am emma chandra. Bloomberg technology is next. Emily i am emily chang in this and this is Bloomberg Technology. Cupertino hits reset. We will discuss the latest phones on tap and other products to be unveiled in just 24 hours. The fallout deepens after one of the biggest data breaches in u. S. History. We break down the ongoing Disaster Management effort at equifax and the new rules being drawn up for better corporate transparency. Amazon has added thousan
Broken out of the area and expanding faster than any time in the last ten years in my opinion, this is largely as a result of a trump presidency. Got is. Now look at this 900 billion that is how much apple is now worth. It is the most valuable company in the world. And this is how the stock will open today. A new high their profit reports late yesterday blew everybody away. Cant resist one more or very big number. Two p 268. 9 billion dlars how much cash apple has more than any other company and more than most governments. Got it. Stocks across the board theyre going higher this morning but not much but tax plan son the table good for business. Investors like this and they really love a physical profits not a bad way to start a friday. Varney company is about to begin. Big, big day for politics, of course, the money look at this President Trump i think hes if to leave. Joint based andrews hes headed to hawaii first that starts his trip to asia the longest president ial trip to that reg
He had a heart of gold. He was really a brilliant dude. Whatever you could say to him, he could put on papers. Reporter fell lish sha remembers her father as an inspired writer who couldnt make a go out of it outside the prison walls but found his voice from inside a prison. It helped him put it on paper. He did it well. Reporter those who knew him said irby was a prolific writer. One of the short stories was included in a 2007 called d. C. Noir. He suffered a stroke inside the d. C. Jail. Inmates tell news4 the temperatures in the cells have reached the upper 80s and low 90s. Its a mess up in that jail. No air conditioners. I mean, the people over there inmates well. They are just living under foul conditions. Reporter department of corrections officials have said that the cooling system cannot keep up with the ongoing heatwave. A spokesperson tells news4 a heating and air conditioning contractor has been on site and completed work to enhance the air flow and circulation systems. We h