others. a lot of lawmakers know it s going to be their people that end up paying this, which is kind of like a tax, which goes against everything they stand for. i think that s why chuck schumer from iowa has started to sound a little tougher against some of the president s this first month, a $17 billion tax increase on u.s. businesses and consumers. it s a tax increase plain and simple. let s talk about congress and big tech, you have the nasdaq in correction territory a tough month because of trade and now because of what looks as though it s going to be congress looking into whether big tech should be regulated more thoroughly, whether there should be a break up. we have been hearing that on the campaign trail. break up big tech. the stocks tumbled all day yesterday. it looks like the threat is real. what are you looking at or hearing in terms of congress and its oversight now of big tech companies, which will be plagued
the key to this, neil, looking at this in a sector by sector basis. there s some elements that are doing well. you see slow down in retail earnings. look at the manufacturing data. we know the levels we lost in 2016. tech, we are seeing regulation issues. earnings, the upticks in the fundamental business nos, still seeing a lot of growth with innovation leading the way. neil: thanks very much. the dow barely budging. the nasdaq in correction territory. the queen holding a state dinner for the president of the united states. the third time she s done this for george bush. she did this for right now barack obama, now donald trump. she s met presidents going back to eisenhower. it s not just easy. it s having-a-walrus-in-goal easy! roooaaaar! it s a walrus! ridiculous! yes! nice save, big guy!
1 22. no sign of the $1.6 billion megamillions jackpot winner. that ticket sold at the kc mart in the simpsonville, south carolina store. the store owner gets a $50,000 payoff when the winner collects. winner in game two of the world series. red sox are two wins away from another world series title. game two at fenway. the two r-run single by j.d. martinez in the fifth led to the win over the dodgers. david price winning the second straight post season start. winless in the first ten post season starts. game three is in l.a. where it is warm tomorrow night. listen up. let s get a check of cnn business. markets in asia fell following the pain yesterday on wall street. yesterday s decline wiped out all of the market gains for the year. nasdaq with the worst day of
if you bought blue chip stocks, you lost all of your money. wiping out all gains for 2018. s&p and dow both wiping out gains for the year and now negative for the year. the dow down 2.4%. nasdaq down 4.4% and the s&p down 3.1% in one day. a one day move above 2% gets your attention. nasdaq is down 11% for the year. and s&p 500 down 5%. a major stock environment. the golden days of the booming economy and rich tax cuts for companies and low interest rates are now and will likely begin to fade. those golden days will begin to fade next year. as big companies report profits, they are noting higher costs from trade disputes and higher
the media also has a responsibility to set a civil tone and to stop the endless hostility. president trump casting blame hours after the assassination attempts on several of his favorite political targets and us here at cnn. it is being treated as domestic terror. and a manhunt is under way. rough day for the markets. dow and s&p 500 erasing all gains for the year. the nasdaq in official correction. and no winner in last night s powerball. welcome back to early start. i m christine romans. i m dave briggs. after a difficult day, the question is this morning is it over? series of mail bombs sent to democrats and cnn here in new york. none exploded, but a source