Conflict. The new u. S. Strategy for puts emphasis on force. Trump is announcing he is sending Additional Forces to join the troops in the country. A 53yearold massachusetts hospital worker claims last nights Powerball Jackpot prize. She says she was leaving work at night with a firefighter and they were discussing powerball. That is when she realized she one. She says he followed her home to make sure she got there safely. She says she called work to let them know she wont be back. It is the largest grand prize won by a single Lottery Ticket in u. S. History. Global news 24 hours a day. Powered by more than 2,700 journalists and analysts in more than 120 countries. Crumpton, this is bloomberg. Ie live from bloombergs abigail im abigail doolittle. We are 30 minutes from the close here. Markets are taking on a quick of a hawkish a bit of a hawkish tone. Theres a Storm Brewing in washington. Bidders areling being tries into a treasury bill. In actual storm is heading toward texas, where
Highs we have seen. The nasdaq is the worst performer of the three major averages. Being a tech heavy index, it is down 1 , twice the declines we are seeing in the s p in the dow this point. We were seeing much more green on the screen earlier. Health care in industrials have turned more deeply into the red. We have been watching apple in the selloff. It has been mirroring declines in the major averages. Taiwan Semiconductor Shipments for iphone 6 s and seven, the shipments between june and december could decline as much as 70 to 80 . We are definitely seeing investors extrapolate what that means for apple and other apple suppliers as well. Were seeing a Ripple Effect within technology. A lot of different kinds of chipmakers are following today. If you thought yesterdays decline in retail, that that was it youre in for a rude awakening. Calls in particular are tumbling by 12 . Comparable sales are down 3. 9 . Analysts had estimated a gain. Consumers are not buying apparel and there are
And everything Mark Zuckerberg wants, he will get when it comes to facebook. Theyre holding a shareholder right now passing to give the ceo more control of the company. More details coming up. The heat wave in the west has caused devastating wild fires. Well take you there for the impacts on business. Lets start with todays rally. Bob pisani tracking the action. Bob. The important thing is weve held most of the gains. Lets call it steady as she goes here. Broad rally more to 1 . 5 1 advancing. Thats an impressive number. Volatility, vix, has been dropping here. Eight of ten sectors up more than 1 . Industrials, bank stks, technology, all have been strong. Financials i would note particularly strong. So all the money banks were up as well as the regional banks like comerica and regions financial. How confused are they over the brexit thing . The answer is very confused. Last week the markets were positioning for an exit. People thought brexit was going to happen. The markets seemed to b
Facebook shows thousands of developers. Sand target investors and in focus. First messenger which just last week announced accelerating growth to 900 million monthly users. Facebook is expected to make it easier to chat with users and invite them to easily make transactions all about leaving messenger. Ahead of the event drop box announced its sbi grating into messenger. Part of facebooks plan to allow people to do many things on their phones without ever leaving the app. Days after announcing features for live video and new prominens on the app we expect new technology and premium content. Analyst calling video a core focus area and opportunity Going Forward and third oculus to hear about ways to develop content for the platform and more ways facebook is sbi grating oculus into the rest of the social network. All three of these areas represent opportunities to tap into new Revenue Streams and well be listening for news about new add formats and new measurement tools. Mark zuckerberg t
You may have got the new credit card recently with a chip in it. Consumer advocates from the credit card industry will discuss the implementation of that chip card technology. A group called protect my data is protecting hosting this of that. This is live coverage on a cspan. We expected to start in just a moment. Good afternoon unwelcome. It good afternoon and welcome. Thank you for being here. Thank you for taking part of this conversation today. We will follow up on the event we had last year. That me start again. Anyone missed it, i want to welcome you today to take part in this great conversation we are having on the chip card transition six months later. Lynn with attacked my data. Thank you for being here. We had a great event last year that i hope some of you were able to make it too. We will have time to answer any questions you have. Over six months since the october 1 liability shift deadline and we are here to explore the progress the industry has made to protect consumers