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Intends to bring a deal to the white house by september 20, the official deadline date. Joining now to break down the week that was is abigail doolittle. Volatility volatility volatility. Walk us through the week that was and how might next week be different . Volatileeek was very and choppy. Up and down, a real roller coaster. At the end, it was a down week and today was especially choppy. Earlier, it felt as though the bulls were trying to take it away then the bears stepped in. The s p 500 up slightly. The nasdaq down. Continues to be newtons third law what goes up must come down. We are seeing a bit of a reversal. On the day and the week, even though we had the nasdaq down, we also had the nasdaq 100 fix down. Next week, maybe some of this choppiness will leave. You see apple down again on the day. Pointing to the idea that next week maybe in the near term, some of the choppiness will leave. If we go to the terminal, we have a great heart. Over the longterm, this probably suggests ....
Of the New York Stock Exchange carl and morgan have the morning off. And were going to begin with tech bracing for tariffs now just days away from going into effect on september 1st trade tensions between the u. S. And china not slowing down, as the wall street journal reports that u. S. Prosecutors investigate new allegations of Technology Theft against huawei. Acme capitals heene nada and kevin dilanian, of course, both join us here at post 9 happy preLabor Day Weekend. Good morning. Heenne, you were a protough stance gen china when it comes to ips and other things. When it comes to these tariffs, september 1st, december 15th, are you pro this approach . Does it depend if it gets nearterm results . I think the tariffs are going to do some harm in the nearterm. I think youll see pricing increases in the u. ....
Ai. That conversation later. We will push ahead to the earnings out after the bell. Broadcom the latest company to test if this ai rally is a reality. The eus Digital Markets act takes hold today. We will break down the epic battles already raging for apple. Lets check out this market rally we are seeing and ai drives it. We see the mood music trying to decipher the rate of travel for the fed. The nasdaq currently powering on higher. Big test gets the lift. The euro actually higher versus the dollar. The dollar moving as we anticipate rate cuts. Dovish tones seemingly being interpreted from jay powell as we see Christine Lagarde hint to future cuts. The dollar is weaker against most fx payers today. And looking at whats happening in terms of the japanese rally versus the dollar, we have seen the yen up amid signals the boj might move to increase rates, up. 8 versus the do ....
Reason to spend four digits on this phone. Wait toe continue to release the presentation of the iphone 10 or iphone x. David kirkpatrick, lets ask about the architecture of these phones. Phil shiller the head of marketing at apple talking about abiotic infrastructure in this phone. The glass background, the sleekness. Does this Company Think about we care about such things . There aretrick things we care about. The a 11 chips that what we care about as long as they were great. We do care about if its ifing late in getting it is an organic light emitting diode, it will always be on without using battery. Matters tof change consumerist, it makes the phone easier to use. They havent had many things like that in recent years. I think this rain on the highend phone is going to be a game changer for them. David cory johnson, as we look at the iphone 8, iphone 8 plus showing off the look of those new phones, loop is similar question to yo ....
All the major averages are in the green and hanging onto gains. We have seen price swings pickup. That was anticipated. September can be a volatile month. It is the most volatile month of the year by far if you look at the bloomberg. This is the average percentage change for the s p 500 did you can see september is the highest this year. It is still lower than december and last year. We have the biggest swings of the year, it is dwarfed by what we saw a year ago. We still have a few weeks ago in this month. It is the most volatile we have seen, not compared with any volatility thus far this year. We will keep an eye on that trade retail is relatively strong area that we are watching. The gap is leaving the game. The old navy unit is worth 30 more than the total Companies Enterprise value. He said the divisional margins are being disclosed for the first time. About 75 ofrating the profit. Also one, l brands are the rise. Macy ....