Any new stimulus in sight. And that tiktok trade, you cant really trade it, can you, because its not a public company, but bytedance is formally seeking chinas approval for a deal with oracle and walmart, those are two publiclytraded companies. Yes, they are, jim lets talk markets lets start with that. You know, its funny, i dont know what you make of the pull back today, to the extent we are going to have one or what weve been seeing in apple lately. I keep wondering coming back to that softbank option purchase that we kind of we talked about it for a day or two and then we moved on. Right. You know, a number of people have come back on it with me, jim, and sort of said maybe it had a bigger impact than we realized in terms of the run up of some of these names. It did jack the market up in 1999 fashion which, you know, you know, led to 20002001 which was a disaster and it was frankly unnatural other than zoom almost every one of those stocks that they took up have been crushed apple t
A new, widely Controversial National security law for hong which has been protested by folks in hong kong. Investors concerned these actions could destabilize the global economy. I want to bring in markets reporter taylor riggs, who has been following all of this. Break down what happened for us. Taylor it looked like we were green and in the clear until the last hour of trading, and then you sort of mentioned other headlines that made markets very nervous. Trump said he would have a press Conference Friday to talk about china. Then theres a lot of concern about the National Security law china signed that in effect would remove a lot of the economy from hong kong. In the last hour of trading, everything fell apart, but the key theme remains. Some of the Big Companies are still some of the big out performers. The s p, which is a marketcapweighted index, outperforming relative to the nasdaq, which also includes some of the smaller companies. And of course, the russell 2000, which is the
All the tension around huawei and not a pretty picture one u. S. Senator calling for an investigation into that hugely popular face aging app maybe he didnt like what he saw either its thursday, july 18th Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan before we get to the Macro Markets, look at that. Thats a live check on shares of netflix. Wow, they are down now 11 off 40 per share. Big reason was the reason that the subscribers missed they had the first drop in u. S. Subscribers ever in their streaming age. We have more on netflix and comments from Reed Hastings coming up on this. Before that, lets get to your macro morning setup. Coming off the s p 500s worst day in three weeks we could see a continued drop futures are in the red not big losses dow futures off 60 we are in the red. Volume has been weak you probably dont care about volume you care about price prices have bee
John ford and myself, kayla has the morning off. We are less than ten hours away from the first president ial debate between Hillary Clinton and donald trump. The candidates facing off at Hofstra University 9 00 tonight. In what is expected to be the most watched president ial debate in history. Lets bring in head of Public Policy and chief political strategist and wormer george w. Bush senior aide. Good to see you both. Good morning. Good morning, thank you. I know you did work on this what each candidate needs to do, walk us through some of that and characterize the degree to which the market is now invested in all things political. Well, certainly if you look at both candidates, they have very specific tasks tonight. Hillary clinton has to raise her game in terms of having people have more confidence in her ability to lead and to be the safe pick, and donald trump has to be more president ial, and i think those are the two primary tasks before both candidates. The markets are going
Cable companies 35 years ago and brought to you as a Public Service by your local cable or satellite provider. Week, communicators is on capitol hill to interview members of congress about pieces of legislation that introduced. Week, marshais blackburn, steve scullys, both republicans and members of the energy and Commerce Committee, as well as jerrod jared polis, democrat from colorado. Representative scalise, when it comes to Telecom Bills and the fcc, what is your general philosophy . Things we have seen in terms of great innovation, job creation and technology, and the Technology Industry is the fact that technology has moved so fast the government had not figured out how to regulate it. That is something that has been a great hallmark of an industry that has been a Success Story in our industry, and something that has given people so many great things to do to help change their lives. What technology has done has been revolutionary, and it has happened because the government has n