The lows down 234 right now and its a broad selloff financials are actually the hardest hit. You can see the yield on the tenyear approaching 2 . Investors are piling into safe haven assets like the treasures. Well talk to the ameritrade chief strategist on whether americans are doing buying on the dips. Mohamed elerian on whether geopolitical concerns could get worse and whether the fed could put any further rate hikes on hold as a result. Oh, boy. Right thats on the table right now as well. Lets begin with seema mody here on the floor of whats driving the selloff on wall street today seema . Kelly and bill, the calendar may say its summer, but it certainly feels like fall, a lot of traders reminding me historically september is the worst performing month as traders return to their desk goldman sachs, one of the most heavily traded names, surpassing its 30 day volume average, about 4. 3 million shares have exchanged hands. Its down just about 3. 5 , the second worth of we are forming
Statement he made midday today which well talk about. Meantime, how about stocks. The s p could see its third 1 gain this year just in that territory right now. Just under well tell you whats behind the move higher and see whether we can hold the gains were drifting down a little bit in the final hour here. And this should be very interesting. After the bell, james damore, the engineer fired from google because of his internal memo on diversity. Hell be talking to kelly oneonone to give his side of the story. Looking forward to that an hour from now. He hasnt been shy about it so far. Right. Let begin at the white house where President Trump is about to address chinas trade practices. Onlion javers eamon javers is standing by. Reporter should see that live on camera in a couple of moments. The president will sign a document which directs the u. S. Trade representative to determine whether or not to investigate any china laws or policies that may be unreasonable or discriminatory relate
Retail stocks hit hard today. You can see it trading down 19 there. A number of top executives telling us consumers are still spending. So whats behind these moves . Were going to take a deeper dive into whether the consumer is weak right now. A disconnect in all of that. Big earnings from tesla. 21st century fox. And square reporting after the bell tonight. We will tell what you to expect from those reports coming up. And more reports about turmoil between the Republican Party and nominee donald trump. We have outspoken libertarian Penn Jillette. Among other things. Look forward to penn coming up. There he is. He calls himself a professional juggler. But he is so much more than that. We will talk with him later. We start with the bullish call on gold. Precious medal falling today. But up 30 this year. Bill gross was on power lunch earlier today and he made his bullish case for the commodity. I like gold, too. I think ultimately if fiscal stimulus comes in and weve seen that in japan,
Sunglasses he is wearing there. Or maybe not. I think people will buy them. Under armour making a big push into asia. We have more with the company ceo and with stef curry and live coming up. Sarah, staying up late with us. I told you, the da test that completely changed my life a couple years ago and the book i wrote about it, plug, plug, plug, today we are looking at big business of genome sequencing. The cost is plunging. But there are some people still willing to pay 25,000 to have their whole genome sequence. I noticed we dont have griffeth in quotation marks. Not today. I know who i am. And we will talk about the value of his company and latest news in drug pricing, joseph papa coming up next hour. Meantime, the stock market sitting here down 23 point. A lot like yesterday and all of the last several weeks here, the beige book out today which didnt enlighten us again too much about the economy. Job openings at a record high. In terms of some movers today, on the apple news, look