10% on $200 billion worth of goods from china. electronics are the single biggest category hit followed by wooden furniture, tv parts, vacuum cleaners, solar cells and vinyl floor tiling. china is retaliating by raising tariffs on $60 billion worth of u.s. goods. it s going to collect additional taxes of 5% to 10% on agriculture products to energy exports. all of that causing markets to react. trade talks with china this week are, well, probably going to be cancelled. the president has china has accused president trump of trade bullying. the dow fell right off the top, about 100 points. now down about 170, about 180 points right now. and the standard & poor s 500 is down. the nasdaq tech heavy is up. i m going to see you right back here tomorrow at 1:00 p.m. and then at 3:00 p.m. eastern. thank you for watching. deadline white house with
associated with you guys. and i am glad that you re here. and i m thankful for the work that you do around this city, to help the people who are our neighbors, who we often don t see. mary taylor is the director of communications for the center for urban community services. thank you. if you are looking for ways to help, head to the organization s website, cucs.org. it s easy to donate and it is tax deductible. and as promised, senator elizabeth warren did meet with leandra english and senator chuck schumer. leandra english is, of course, running is suing, i m sorry, to get her job. so far, no readout of this meeting. but we re going to find out how that went and we ll bring you the details as soon as we do. i also want to check on markets for you, with only a few minutes to go until the closing bell on this cyber monday, let s take a look. the dow, that s interesting, a mixed board. the dow is up just a little bit at 23,592, but you ve got a standard & poor s 500, now just ticke
profits. the proof is in the history. 6 everybody she s ha bought has been shuttered or else divested. what happened to profits? nothing. that s what you care about is profits. what happened? another joke in finances making up volume. it went nowhere. it went nowhere in profits. she said, well, we re in tough time. the standard & poor s 500, the yardstick for profits, in those five years for other companies was up 75%. also, even more importantly, she sliced shareholder wealth in half. this company was worth $1 when she got in the door. by the time she was fired it was worth 50 cents. what that means, $60 billion she erased from you and my pockets as owners of the company and she gets $100 million for doing that. they paid her $100 million. there was a full-page ad, i saved because i knew this day would come, it was run by a gentleman then on the board at hp, and participated presumably in her firing. let me show you a paragraph of what tom perkins said.
the ceo of hewlett-packard. she doubled the revenues by $80 billion. that s not what busy about. you re trying to increase profit. everything has been shuttered or divested. what happened to profits? nothing. that s what you care about is profits. it went nowhere. it went nowhere in profits. she said, well, we re in tough time. the standard & poor s 500, the yard stick for profits in those five years for other companies was up 75%. as, even more importantly, she sliced shareholder wealth in half. this company was worth $1 when she got in the dollar, by the time she was fired it was worth 50 cents. what that means, $60 billion she erased from the company. she gets $100 million for doing that. there was a full-page ad, i saved because i knew this day
billionaires and millionaires and large corporations who in some cases aren t paying a nickel in taxes. mr. sanders though, you i m sure would agree that we need an agreement before the deadline, and if you look at stocks today, we had a figure just now falling for the third consecutive day, it s now down to 174 on the dow, 24 points on standard & poor s 500 and the nasdaq down 71 points. of course we need of course we need to reach a conclusion. of course we have got to do everything we can to prevent a default which would be disastrous for this country. does that not mean, sir, that notwithstanding your own desire to assist the middle class, to tax those who earn more, we need to reach an agreement and at the &háhp &hc% seem to be viable. there doesn t seem to be a compromise available. well, you know, you asked a minute ago about president obama, and i think the issue here is where people are