sara eisen happy friday we have got a big show on this friday the dow coming back after being down 204 points at the low we are slightly higher right now. up 0.1% we re following all the action including starbucks rival luckin s first day of trade. we re watching the moves and what it says about the ipo market plus day five of our week-long series, an all-star fund manager at t. rowe price today will tell us the areas he likes into the close. that s coming up but first, we ve got breaking news on trade. let s get to kayla tausche with the latest kayla. morgan, we ve been talking about autos and steel and aluminum all throughout the day but i want to bring you an update on china where it appears negotiations between the u.s. and china have stalled with both sides digging in after disagreeing earlier this month on the deal text two sources briefed on the status of talks said the scheduling of the next round of negotiations is in flux because it s not clear what the two si
front and center, but we are off session lows the dow now more than 200 points earlier and nasdaq getting hit the hardest down more than 1%. 1.25%. apple having the biggest negative impact on the dow today but not everything is down utilities are hitting a record intraday high. and that rally in utilities highlighting the more defensive positioning the market is assuming right now bob pisani tracking all the action from the floor of the new york stock exchange. robert reporter: and the important thing and this is quite remarkable, we ve seen half of the s&p s new highs today. about 24, half are utilities you don t see that very often. next, com ed and then eversource energy hitting two week highs. why? a low rate environment s&p yielding 2%. look at some of these utilities. most of them all are in the 3% to 4% range. edison international, 4% and 3.7% what is driving the growth it s not just the yield. you ve got a combination here of earnings growth that s got pretty good r
women s rights activist from custody. the women were arrested for undermining state security, a claim that sparked international outcry. one detainee remains in custody while others are free pending trial. their trial is expected to resume after ramadan. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i m mark crumpton. this is bloomberg. live from bloomberg world headquarters in new york, i m vonnie quinn. amanda: live in toronto, i m amanda lang. we are joined by our bloomberg and bnn bloomberg audiences. the u.s. labor market is partying like it is 1969. 3.6%, thent will to lowest level in nearly 50 years, as employers added 260,000 jobs. we have an interview with harvard economics professor kenneth rogoff on how digital currencies could usher in an era of negative interest rates. zos.buffett backs be berkshire hathaway has acquired a stake in amazon. let s get a quick check on the major
trump is not former director of communications anthony scaramucci in half an hour here on bbc news. at least 18 people have been confirmed dead in an attack by taliban militants on a luxury hotel in the afghan capital, kabul. the gunmen entered the hotel last night, spraying guests with bullets before breaking into rooms and taking hostages. 160 people were rescued from the hotel by the security forces. our correspondent zia shahreyar reports from kabul. the final moments of a fight that had lasted all night. gunfire and explosions, as afghan special forces battled to regain control of the intercontinental hotel. one soldier throws a grenade. he moves away, then the explosion. the room is soon on fire, evidence of the struggle that had taken place. the afghan national flag waving from the roof, proof that the building has been reta ken. more than 150 people, including some foreigners, were inside yesterday evening, when gunmen burst in and opened fire. translation: there we
ceo later in the program should mark: program. by formermo written director james comey allegedly quotes president trump asking him to drop the investigation into michael flynn. the content of the matter has been viewed by other publicly,ons that several lawmakers on capitol hill say they want more information. that mr. comey is alleging the president did something inappropriate, then i want to hear about it in a judicial court. i do not want to read a memo. i want to hear from him. i read in the new york times that the president allegedly tried to shut down an active fbi investigation into a close, political associate. we ask the director to come in to testify. that is a first step. we are asking that if there were notes taken during the time, then that should be powerful evidence of what took place during those conversations. mark: joining us now from capitol hill is kevin. vonnie is megan, and we also have a former fbi district bureau chief. how is the white house