Power lunch starts right now good day, everybody. Welcome to power lunch. Im Tyler Mathisen as michelle just highlighted, the dow and s p 500 hitting records again. But we are well off those levels at this hour nasdaq basically getting slammed. Down more than 1 . Big selloff in tech. Check out what is leading that nasdaq 100 lower Lamb Research down so auto disk down 15 now applied materials, invidia also in the tank today. In fact, the whole Semi Conductor industry on pace for its worst day in almost a year more on this group coming up forget ten, folks. Lets move on to 11,000. Bitcoin breaking past 11,000 just hours after topping 10,000 for the first time ever. Everybody is talking about bitcoin. Crypto currency up more than 30 in the past week and now up well over 1,000 this year, brian. Its like an auction. Do i hear 12,000 im Brian Sullivan heres what else is happening at this hour. Tyler drilled down on bitcoins record run the nasdaq planning to launch Bitcoin Futures next year.
A lot of questions, we have answers. Power lunch begins right now welcome to power lunch. Brian talk about the dow has all over the map then rallied up, down up, down up it could be the biggest com decrease back for you dow in more than seven years. The vix top 50 for the First Time Since august of 2015. Right now it struck 36 check out some of the individual movers gm is rallies, lululemon recovering from early losses on news that the ceo is out investors taking a bite our dunkin, as you can see. Tyler . Good afternoon, everybody. We begin, of course with a wild day on wall street bob pisani is watching all the action at the New York Stock Exchange hi, bob. Hello, tyler, we are looking for a bottom we are looking for signs of a selling climb max, some kind of emotional catharsis, we may have had had it at the open the bottom was right there we opened 2593 on the s p 500. Were at 2650. Thats a better than almost 60point move. Thats pretty huge that was the lows at the open. Weve had en
you see a beautiful letter that the children and their parents does little notes of appreciation of the road and were blended together and we have a really good time. clear and on the part of their family theyre not as, left outside so their need was great and we russify camels and cat carriers in the most wonderful pain unfortunate there were a lot to have the animals inside however will ever to get them outside we is interviewed a man at 630 he was evacuator on saturday is been four days approximately a week do not know his fate as far as as somebody knows of the people are on the same journey and hes not doing too bathrooms of renown. Will tran they stop by here to donate for people to evacuate to come here they need the material is needed for anything they could stop by and pick it up as well if you are watching in your near here are there any items that they could donate their been a wonderful and credible Fresh Produce at this point were relieved pretty good to go back to kind in
Rishaad we are talking about gaming. Back,maccallum has come the recovery continuing macau has come back, the recovery continuing despite the typhoons that have hit that territory. Reportulator planning to dated this month according to the gaming inspection and Coordination Bureau website. There we have it. Getting a lift in profits as well. Wynn the favorite to maintain that. What else have we got . To those casino companies. We will talk more about that the recovery is set to continue given that it has been driving the growth we have seen. Data out of south korea after the boj Holding Rates Steady at. 2 percent we did have inflation bit, anding a little also looking ahead to the key jobs report out of the u. S. After a mixed job and when it comes to personal spending numbers out overnight. That core deflator still looking cap it. Asian markets set for a positive friday session. Lets get it over to sophie for a look at the state of play. Tohie it is a busy start september. A slew of d
System. Shes interviewed by david blumenthal, president of the commonwealth fund. Host hello. It is a pleasure to be here with you. I want to congratulate you on an incredibly readable in a thorough review of our problems in the Healthcare System and proposals for a solution. I have a ton of questions for you based on my background in the physician as a policy analyst and of course, also as an occasional patient. But first, i would like to ask a couple of question for context. The first one is why did you write this book and why did you write it al . Guest i worked on a series for the new york times. My first stop in that it was actually at the Commonwealth Club to learn a little bit more about the Healthcare System andd how it had gotten so very expensive. Then during that series, we solicited in love stories through social media. At the end of the series two years later, i had a kind of wow of patient stories and people that were smart just havent been able to make the system work. W