everybody. so that s the biggest thing i m trying to get out of this. if you start having thoughts, anything like this, look at the people that are hurting. look at the people other people have hurt, and just get any kind of help you can. brian, thank you so much. i really appreciate you and your voice and offering this for so many years to people and thousand oaks community. i m sure they appreciate it, as well. troy slaten, thank you as well. gentlemen, appreciate it. thank you. ahead here, lawsuits and claims of fraud flying around florida this hour as officials are racing to recount ballots into razor-thin races. now at least one county says it won t meet the deadline. and keeping an eye on the markets. the d the dow falling 600 points ahead of the closing bell. apple stock down 5%. we ll be right back. hi i m joan lunden.
as trade tensions reached a new high. the dow falling 219 points, the s&p dropping 20, the nasdaq closed 42 points lower. a new round of trade tariffs, this time on $200 billion worth of chinese goods was announced by the white house late tuesday. the tariffs will undergo a review process prior to taking effect with hearings expected to take place in mid to late august. that s it from cnbc, first in business worldwide. now back to mtp daily. welcome back. senate republicans are starting to sound the alarm on president trump s trade war. some hope the president knows what he s doing. others say he s just figuring it out as he goes. i m very, very nervous about it. and my constituents are very, very nervous about it. this is kind of his philosophy. not a direct quote, but the longer you negotiate, the better deal you get. well, i hope he knows what he s doing.
retaliate with more tariffs on u.s. goods, as well. the brinksmanship making investors nervous. the dow falling 287 points today, that s the largest one-day plunge in a month. china, meantime, is welcoming a visitor tonight. north korea s kim jong-un, in beijing with president xi. a surprise visit. it s the third visit this year, and tonight, we ve learned that here at home, secretary of state mike pompeo has abruptly canceled his visit to the capitol tomorrow to brief lawmakers on the status of the agreement between the president and kim jong-un. here s abc s chief global affairs correspondent martha raddatz tonight. reporter: kim jong-un is back on the world stage, bolder than ever. his motorcade speeding him through the streets for his surprise meeting with china s president. greeted by an honor guard, president xi lavished praise on kim for his handling of the historic summit with president trump. the president himself saying there is no longer a nuclear threat.
i m deety roy with the cnbc market wrap. the broader market closing lower after the president said he doubts trade negotiations with china will be successful. the dow falling 55 points, the s&p slipped 2 points. the nasdaq dropped 16 with all the fangs trading lower. and united airlines is now searching for a chief financial officer following the resignation of cfo an degree levy. jerry laterman, the airline s treasurer will serve as cfo in the interim. that s it from cnbc, first in business worldwide. now back to mtp daily. welcome back. russia meddled in the 2016 election. everybody seems to actually agree with that fact. what has vladimir putin gotten
policy decision keeping rates unchanged while pointing to higher inflation ahead. the dow falling by 173 points. snap shares took a nose dive, down over 20% after a rough earnings report. fewer users for the quarter taking a toll on the stock despite ad revenue being up 62% why are over year. that s it from cnbc, first in business worldwide. now back to mtp daily mtp daily. . welcome back. many republicans today are probably thanking house minority leader nancy pelosi for what they think is a gift she gave them yesterday when she said this yesterday to the boston globe. we will win, i will run for speaker, i feel confident about and it myk constituents do, too.