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Welcome. Pessimism on a trade breakthrough as the president said hes not ready to make a deal yet huawei tensions heat up. Treasury yields, the dollar slipped as investors are still seeking out safety and government bonds to close out the week joining us for the hour Margaret Duran is back from bda capital partner. So its been a stomachchurning week how are you feeling about the market now thats right. Particularly down 700 points on monday i have to say i stepped in and bought on tuesday. Were going to see more volatility but in a trading range. I think the tariffs we needed a trigger after the run up in the first half and the tariffs when you look at 10 its not helpful. Well slow down growth in different areas but in terms of our 21 trillion economy, its not that big a hit. What kind of stocks were yo beau i think my usual suspects mastercard, costco, amazon, and orphan stock i got shopify which ill talk about later. Lulu for th ....
Senate republicans putting the final touches on their plan to repeal and replace obamacare. More what we can expect when it is unveiled tomorrow. Among our fests this hour, third highest ranking republican in the senate, john thune, georgia congressman buddy carter, Foreign Policy expert walid phares and town halls guy benson. Well talk about the democratic loss yesterday as well. First back to the markets. The dow sinking for the second straight day with caterpillar, dupont and the biggest drags. Lori rothman on floor of New York Stock Exchange with todays biggest movers. First i want to go to phil flynn at the cme. Phil, oil getting crushed once again. Now ending at a 10month low. Every day i ask wheres the bottom and it never appears. I know. Its a bottomless pit, thats what it is. We are in freefall. This is the definition of what a freefall market is. We got a l ....
Tech. We talked to the founder of code for america who was in the room for the first meeting of the American Technology council. But first, to our lead. Travis kalanick is officially out as ubers ceo, resigning from the company he cofounded. Kalanicks resignation comes a week after the board announced he would take a leave of absence following months of scandal and employee exits. However, the pressure did not come from the board. Instead, in a rare move, investors pushed kalanick to step aside. It these investors poured more. Han 15 billion into uber Caroline Hyde broke down the news with our bloomberg tech reporter Eric Newcomer and a partner at the lead edge and investor into uber. Kalanick hoped it would satisfy critics and give him time to recharge after the death of his mother, and sort of, somewhat take respons ....
Tech. We talked to the founder of code for america who was in the room for the first meeting of the American Technology council. But first, to our lead. Travis kalanick is officially out as ubers ceo, resigning from the company he cofounded. Kalanicks resignation comes a week after the board announced he would take a leave of absence following months of scandal and employee exits. However, the pressure did not come from the board. Instead, in a rare move, investors pushed kalanick to step aside. It these investors poured more. Han 15 billion into uber Caroline Hyde broke down the news with our bloomberg tech reporter Eric Newcomer and a partner at the lead edge and investor into uber. Kalanick hoped it would satisfy critics and give him time to recharge after the death of his mother, and sort of, somewhat take respons ....