no es posible, dom. reyes ya sabe que vamos. >> tiene razÓn. triplicaron la seguridad en la jefatura. habrÁ un muro de disparos. >> reyes no se saldrÁ con la suya. >> es una trampa, lo sabes. >> dom, escÚch nadie aquÍ estÁ obligado a quedarse. >> yo voy. [♪] [♪] irÉ contigo, toretto. hasta que terminemos con ese imbÉcil. [♪] >> ¿cuÁl es el plan, dom? no podemos escondernos mÁs. >> no serÁ necesario. el dinero es lo Único que le importa. lo conseguimos y aparecerÁ. [♪] >> ¿lista? >> comienza. [♪] [♪] [♪] >> [suspira] [♪] [♪] [♪] [♪] [♪] [♪ [♪] >> dos al frente. [♪] [♪] >> se acerca un grupo grande del sur, tienen que hacer algo ahora. >> c [♪] [♪] [♪] [bocina] [♪] [♪] [♪] [♪] >> libre por la izquierda. >> ¿quÉ tal le va, oficial? licencia y registro, si puede. [gritos] ¡sÍ! esto es para niÑos grandes, hermano. la derecha estÁ libre. >> increÍble. [♪] >> gracias. >> cuando quieras. >> los encuentro al otro lado. >> acaban de crear una ventana de diez segundos. aprovÉchenla. [�

china is the biggest importer, dom, of saudi oil. we don't import that much. we imported 2.2 million barrels a day 20 barrels a day. basically one ship's worth that's about it. china, they import about 1.5 plus million barrels a day they're now going to have to pay more for that, so there's so many different angles to this hit on the world's biggest oil producers. and we're really not going to know the answers to the questions you asked until sort of maybe today trickles through and tomorrow as well one thing we do know it is major hit to the world's biggest producer and major hit to confidence in the security of global oil. >> stick around here because the questions that are unanswered right now are also being asked by this administration about what's happening eamon javers is standing by in washington, d.c. right now with the white house response to this weekend attack in saudi arabia so right now there's a question. is it the houthis in yemen, iran, the houthis acting on behalf of iran with their help there's all kinds of questions how exactly is the white

he didn't give us an answer to that one, dom. >> thank you, eamon javers, for that update. a lot of ground covered, for sure let's get straight to the market reaction right now bob pisani's over at the new york stock exchange. and we did see a move toward session lows,but we've recovered since then >> that's right, dom we are off the lows but still modest weakness in several sectors. semiconductors like zille yix, communications services, netflix notably weak today this is one reason, the nasdaq, by the way, turned negative for the week so, the big issue here is what's next now that the fed is finished we're just shy of new highs. everybody knows that the question is whether investors will be willing to push the markets to new high territory now that the fed has essentially moved to the sidelines. investors are optimistic look, the s&p is really not changed this week, despite a string of potentially bad news -- iran, the surge in oil, the spike in the repo rates, the poor china industrial production and retail sales numbers not good news overall. the elephant in the room is

dom talking about how lennar has been hot and your chart says it may get hotter >> it may get hotter, another leg up. >> jp morgan chase as well i noticed that bank of america, b of a has a decent setup right now. >> correct i i do think it's a great-looking setup. all these banks, these major large money center banks are all starting to break out and move to the upside in here. again, there's got to be a positive scenario for the market because typically when you think about financials, they have to at least participate in this market for this market to be healthy and ultimately to move higher i'm starting to see these major banks starting to work we cently added the position of goldman sachs into our model portfolio we run because we're starting to see a nice down trend reversal with the financialsworking, th yield curve is very flat at this point in time, they're making profits in other ways. that's a very healthy sign for the overall economy that we shouldn't ignore. >> yeah. just weird, though these banks, you think they need higher rates but it sounds like again the markets simp

dom, you'll be watching. >> i'm watching. contessa brewer, leslie picker and dom chu. >>> hurricane dorian has been ravaging the bahamas for more than 20 years. up next, bethenny frankel has been there she'll tell us what she's seen on the ground already and how you can help "t ehae"ilbeig back one to five? it's more like five million. there's everything from happy to extremely happy. there's also angry. i'm really angry clive! actually, really angry. thank you. but what if your business could understand what your customers are feeling... and then do something about it. turn problems into opportunities. thanks drone. customers into fanatics change the who experience. alright who wants to go again? i do! i do! i have a really good feeling about this. >>> welcome back at least 20 people confirmed dead in the bahamas following dorian's path of reinstruction the bahamian prime minister calling this generational devastation and saying it will require a massive recovery effort those efforts are already under way. my next guest says

dom, thank you very much dom chu. welcome to "the exchange." i'm kelly evans. >>> breaking right now, the president holding a meeting in the white house on e-cigarettes, president trump saying the administration is studying vaping carefully and they must act. the health secretary saying the u.s. will start nforcing fda guidance on vaping products once it's finalized, determining whether to ban all of the products from the market we'll get more as we get information in bob pisani is at the new york stock exchange robert >> hello, kelly. value has been the big outperformer bevens talking about it all week, but exactly what is value? well, in this market, it tends to be retailers, it tends to be banks, tends to be energy stocks, and some industrials and you can see here all of these sectors have been outperforming. this is the last five trading sessions retail up over 10% in the last five trading sessions. banks, energy, industrials also strong beaten up economically sensitive sectors. again, generally outperforming today. look at some of the ener

. >> we have breaking news on the ipo market let's get get to dom at h-s >> wow is all we can say with regard to endeavor, the megatalent sports management agency out there set to put the ipo price tonight to trade tomorrow. breaking news courtesy of dow jones citing sources familiar that endeavor pulled plans for initial public offering, also that it was, again, that it is lacking due to weak stock market investor demand, according to a source at routers as well, so there is a lot of fluidity happening right now with regard to why endeavor pulled the pricing. remember earlier today folks it reduced the size and scope of offering reducing shares they were going to sell and ds are the price of the smars in what some reports claimed was weaker investor demand sources told us at cnbc there were some good demand for shares at prices lower than the previous range but it now it looks like according to dow jones and reuters oh sources both saying they have pulled the ipo due to weak stock market demand after it scaled back the offering guys we monitor this kind of make phone calms on our side

dom chu back at headquarters >> hq. >> waiting for the news to cross. as it crosses he will bring it to us live. >> almost works as hard as you do >> thank you, dom. >> you got it guys. >> peloton set to start trading tomorrow during a week during a we can where the hottest ipo crash. tumbling double digits in that time can they survive the ipo carnage? do you get the peloton business model. >> if so, i love peloton. >> as do i. >> all have more more than one you know, i have a hard time with the income statement, though i have a hard time with the expenses and you know they talk about the total addressable market i don't know that that -- i'm not as optimistic on the total addressable market it's of an expensive machine to boy. expensive machine to subscribe to obviously that's a good part of the business i think the treadmill maybe hasn't been -- i don't know -- i'm not clear if the treadmill is really dsh zsh dsh. >> as as purpose as the bike. >> as popular as the bike. i probably wouldn't own the stock at this range sfla you are a peloton user guy.

dom chu is back in the newsroom to break down some staggering stats of q3. hey, dom. >> oh, what a quarter it's been, melissa. there are a few standout sectors to focus on. first of all, bad news it was a quarter to forget for the energy complex, by far the worst performing sector in the s&p 500. it was also rough for the health care sector as well. by the way, you can extrapolate that three-month trend into the year-to-date numbers as well where those two sectors, energy and health care, the biggest laggards by a pretty wide margin as well. as for the leaders this past quarter, is the best offense a good defense it was less economically sensitive and utilities, real estate and consumer staples led the way. some individual names in economically sensitive sectors and industries still managed to post a stellar performance in the third quarter. the strength of the american consumer manifested itself in target shares, up around 23% in that span. you've also got social media platform twitter posting a gain of around 18% perhaps, but not everyone participated. jpm

dom chu has that back at headquarters for us. dom? >> all right, so, sarah, european stocks trying to hold on to some marginal gains generally speaking on what's been a volatile day across the atlantic all five major averages were initially boosted by fresh stimulus measures out of china, but are now trading off of those levels as we head towards that closing bell over there. auto stocks in particular took a dip late in the session. if you look on the back of that heels of the u.s. justice department is launching an antitrust probe into four automakers, including germany's skproex dmw as well. but if you take a step back and look at the week that was, automakers and their suppliers have actually had a pretty good performance so far this week, up close to 6%, almost four percentage points better than the broader stock 600 index. that's due in large part to renewed trade optimism, as well, and finally, looking ahead to next week's ecb policymakers meeting. they will make the debate potential of further stimulus measures there executives

our dom chu is back at headquarters with a look at what is driving the gains today dom? >> so, jon, we are right near highs of the session right now the dow is up about 458 points, 452 at this stage. and as you can see here, almost 1.5 to 2% gains at this stage for the major indices. the s&p 500 really the laggard there. a lot of tlechnology and communication stocks powering that nasdaq composite to a 1.5% gain overall with regard to what's driving the action, take a look at the sectors that areat most at wor and at play. financials, industrials, technology, meanwhile, consumer staples, real estate, and utilities really lagging behind. the key level that we wanted to watch earlier on was 2945. that had been an area of resistance or slowdown in the market for the s&p over the last month. and we now remain just about 1.5% away from record highs. turning now to the dow, there are four stocks in particular that have been a big focus over the last couple of days because they've been driving a lot of the action there take a look at these because boeing right now, up almost 2%.

dom, to you again, the president's supporters always love this fight when it happens. >> absolutely. and nancy employees city -- pelosi has shown her acumen, in my mind, that she is trying to slow down this talk. she's been successful so far to. you don't even see nadler in that community really moving on impeachment, they don't want to call it that. aoc seems a little bit out of the news and this seems to me another attempt to try to get the squad and get her back with in there. i think pelosi realizes the political consequences if they go full bore for impeachment. leland: richard, how does nancy pelosi keep a hold on her caucus? each adam schiff now impeachment, quote, may be the only remedy. that doesn't sound like a house speaker who's able to keep the lid on this boiling pot among her most progress i members. >> it's not a matter of keeping the lid on the pot, it's a matter of seeing what's happening at the white house, rights the? what you've seen the judiciary committee do as well as the intelligence committee is they begin to ask questions, what is happening at in this white

for america's unchallenged dom's industry the annual prize is huge profits from almost $600000000000.00 of military spending. once an imaginary weapon on star wars the electromagnetic gun is now reality you're sitting there thinking about these next generation and futuristic ideas and we've got scientists who have designed these and it's coming to life. and the smog of weapons made enemies as a pacific nation and the united states will play a larger and long term role in shaping this region and its future i have directed my national security team to make our presence and mission in the asia pacific a top priority in one sense. is the us already a pole with china yes on the ground and in the air the winner of the nobel peace prize president barack obama has committed to trillions of dollars of to our nuclear arsenal he's committing trillions of future dollars to war in space and we need an enemy for all this money and china is the perfect enemy. the aim of this film is to break and silence the united states and china may well be on a path toward a nuclear war is no longer unthinkable in

office the chairman of cathay pacific airways dom's loss has become the 2nd top figure to resign from the hong kong based care after the airline c.e.o. had quit on aug 16th following pressure of ageing over participation of alan employees in anti-government protests meanwhile it has emerged that china is giving less business to hong kong due to its trade war with the u.s. as well as the ongoing pro-democracy protests that nearly half of respondents to the latest hong kong purchasing managers index reported lower demand from china the city has long been a financial hub for the mainland but it is also an offshore haven for many of china's elites as a new study shows and was suggest may force beijing's hand to be more lenient with hong kong protesters we want to talk to the author of that study in a moment but 1st this report. stocks have fallen the airport brought to a standstill business orders are now dropping protestors in hong kong are targeting china by paralyzing its biggest financial hub. yet hong kong doesn't care the way that used to industrial mainland cities like one joe and

send it back to you. >> dom, thanks for that. joining us, aksana aranoff and our guest host jason trennert is also with us do you read the notes? >> i did, not all of them. i mean, i'll admit it, i read the first couple of pages. they're scary. >> she's really -- >> were there just too many or -- >> no, trying to understand everything. >> you're in a very niche -- you're part of the -- the markets is just very technical and fairly complex and i hope i have it right. it made me a little bit nervous, and that is that fixed income is so rich right now. depends on liquidity and you think that's somewhat tenuous, which scares me. i'm wondering whether you're eluding to what happened in the last couple of meeks with the re repo market or is that some type of read flag >> taking a step and broadly looking at it. it has become a commoditized asset class. warren buffet's quote comes to mind commodities depend on what someone else will be willing to pay for them six months from now. thecommodity is not going to d anything for you fixed inc

the chairman of cathay pacific airways dom's lost a become the 2nd top figure to resign from the hong kong biased area after the airline c.e.o. had quit on august 6th. teens following pressure of aging over participation of allen employees in anti-government protests meanwhile it has emerged that china is giving less business to hong kong due to its trade war with the u.s. as well as the ongoing pro-democracy protests that nearly half of respondents to the latest hong kong purchasing managers index reported lower demand from china the city has long been a financial hub for the mainland but it is also an offshore haven for many of china's elites as a new study shows and the suggest may force beijing's hand to be more lenient with hong kong protesters we want to talk to the author of that study in a moment but 1st this report. stocks have fallen the airport brought to a standstill business orders are now dropped.

back over to you. >> thank you, dom chu. even as stocks sit close to all-time highs our next guest is telling clients that this week's market action amounted more to a quant event than a belief in global reflation for more we are joined by doug ramsey, chief investment officer. what do you mean, doug what makes you say that? >> well, there's a history of these major leadership inflection points taking place close to a major market inflection point and they're usually a top. march 10th of 2000 would be an example where after years of growth stock leadership had turned over to value on a dime and two weeks later we had the top in the s&p 500 of course it wasn't for 11 or 12 more months until we tipped into recession. that was the end of the bull market i mean, the patient is old and i don't think can survive a transplant of this nature. i mean, it was a heart transplant going from growth to value, from large cap to small cap. again, i think that's a very late cycle warning flag. >> so this -- you're calling -- is this the firs

. >>> a big day for media industry news dom chu has those details back at hq as we focus on the rates >>> the federal reserve took steps to stabilize u.s. dollar lending and barrowing markets. what happens was the u.s. fed conducted an over night repo operation. that was an effort to bring down borrowing rates that was affected the last couple of days the move were driven by shortage of dollars available in the financial system it was caused by the timing of things like corporations needing cash to make some payments and bond dealers and positions with certain clients. the new york fed ended up closing a $53 operation to put cash in the system to solidify that over night lending rates. the focus of tomorrow's big fed meeting. that rise in dollar funding rate spiked a lot which sent effective borrowing rate at the feds higher as well. it may flow through to other parts of the overall credit market which may in turn lead to credit market getting tighter and causing stress on certain corporate borrowers or hedge funds or other financial institutions no signs of contagent yet. that's why

dom chu is here to give us that sector break don dom? >> kelly, tyler, it hasn't been that pronounced yet, but could it be the beginning of a trend that fast food restaurant trend has been a consensus upside mover and driver for the outperformance in the consumer discretionary sector so far in 2019, as you can see there, that red line consumer discretionary outperforming for the better part of at least the second half of this year the overall s&p 500. and there are now about two basis points or 2%, 200 basis points apart in performance. one place to look is a name like starbucks, for the restaurant side of things it's been a run towards record highs for those shares but ever since you can see here on that right-hand side of the chart, it's record highs just in the last couple of months here that's been at a 10 to 11% pullback you're seeing on the right-hand side there. it's indicative of other restaurant stocks, as well in the s&p 500, restaurant stocks, have they fallen out of favor or flavor, if you will, forgive the pun. chipotle shar

financials, semis and industrials are all lower and full team coverage coming up dom chu is tracking it phil lebeau with details of on headache for boeing. market down 333. the low of the session 425 down. the dow higher this session down 205 and red throughout the session as you can see sharp selling. let's bring in rebecca patterson with us for the full first hour of the show. good afternoon what's the spark again for the selling? last week a nice end to what was obviously a negative month of august. >> i think what it boils down to is it's not about the cost of capital. it is not about the level of interest rates, the stimulus it is the confidence to spend so we can make interest rates as low as you want but if you don't have companies and households to borrow and take that money and buy something with it, what's the point? that's the conundrum we saw it in the trade rhetoric today. it is eroding confidence that's driving us right now. >> can the fed or central banks in general save the day pushing rates lower? >> my view is they won't or they can't. if the world stays as it is ri

what's happening, dom? >> deal chatter. the shares were up by as much as 10% today. they're up by about 5 to 6% right now. this is on the heelses of dow jones headlines saying a couple of private equity firms may will looking to acquire semantic for around 26 to $27 a share that would preserve semantic's economisting deexisting deal to sell its business to broad this is according to sources, but that's the reason why the shares pusheded toward session highs. back to you. by the way, we reached out for a comment. no comment to b cnbc as of yet >> back to you i wonder if it's a tell on the landscape. thanks >>> not much scoring in last night's nfl season kickoff as the packers beat the bears 10-3, but did the game score in the ratings? plus, new jersey passing nevada is the sport's betting leader. are things about to get better stay with "power lunch." >>> welcome back the ratings for last night's kickoff ran and they're pretty good julia has those numbers and booe numbers. >> preliminary ratings show a 14% increase from last year and a 7% increase from last year's bea

. >> let's take a look at what's been moving this morning dom chu joins us from cnbc headquarters dom, what do you have? >> as we take this conversation that you guys were having with richard fisher about rates and what it does to the market, we have seen interesting reversals by this rotation, some are calling it, in the markets overall. one of the places that we are looking kwoes closely is not wi banks but in europe given the ecb and everything else. the spdr s&p is up fractionally. since the lows that we saw over the course of the last couple of weeks, this particular etf that tracks arguably the more interest rate sensitive parts of the banking industry, that is traditional lenders at the mid-scale size for regional banks, it's up about 11% in the last week and a half or so span there. so a lot of this movement here in regional banks is a key focus. one other place to kind of take a look at as well in terms of some of the other movements we're seeing in the marketplace have to do with what's happening right now with the oil industry and oil services sector specifically the oil se

officials in the sunflower state confirmed tuesday a patient over 50 dom a vapingelated lung illness. doctors in marylandnd virgi same sickness.ients >> seemser like diseases. potentially like a pneumonia or other respirato of disease. but typically the patnts come in with shortness of breath, chest pain, trouble breathing. >> dr. todd temple man o fever. suburban hospital says he's been treating patients with he antibiotics and thave improved. but it's troling cdc doesn't know what aboutap ving is us>>g ideally if you can stop vaping now, i think that would be your best choice. >> cases ofing related lung es illns in maryland have doubled in irnl have, healeavirginiahrtd dmv. >> maryland and virginiaer of l connected to vapes later this of week. course we will keep you informed. >> a 16-year-old boy is dead after he was shot in southeast asdcto lnitght, we have learned hooting happened 2 placet. s just after midnight. dc police say patrolling the area when theheard the gunshots and found victim bojured from wounds in head and . information about suspects or a motive. n orwan killed w

the streaming wars are heating up dom chu looks at us with the impact on the streaming stocks dom? >> a lot of competition, andrew. last night's emmy award ceremony highlighted the heating up battle between the likes of the megacap companies out to the streaming giants we'll put netflix up in that category, at&t because of hbo and amazon and disney with its upcoming streaming service as well those ones all in excess of $100 billion. the streaming giants, roku we're putting in here. it has been synonymous with streaming devices and stock volatility in that trade so far. if you look at netflix in particular, let's show you a two-year chart it will show you the record highs. back in september. you go all the way back up here. at that point the market value of netflix was just around $181 billion. fast forward to today we're down about 35 or so percent and the market value currently sitting here for netflix is about $118 billion. that highlights a little bit of that market value move since record highs down to where we are right now. roku as well, a more volatile stock in the last few

dom chu has that breakdown for us. >> gold bond foot powder or not. a lot of green on the screen, boosted mainly by financials bank of ireland, commerce bank, a number of italian banks rallying by 3% or so in trading. but slowdown concerns continue to fester. oecd cutting the growth forecast 2.9% down from 3.2% four months ago. it would mark the slowest pace since 2009 concerns weighing in some sentiment. they further warn a no deal brexit scenario would shave off 3% of growth, pushing that country into a possible recession. you take a look, mention that against the bleep backdrop look at the latest monetary policy decisions, norway bucking the trend earlier today, delivering a fourth rate hike over the past year swiss national bank and bank of england holding rates steady you look at that weak august inflation data, trade wars with china, and tensions there, and ongoing brexit concerns, all weighing on bank of england and policy makers governor mark carney striking a dovish tone, adding a no deal scenario, even delay to brexit would slow growth, rais

back over to you >>> thanks, dom chu. >>> and when we return, more than 30 u.s. state attorneys general preparing an antitrust investigation into google. we will ask dan rosensweig his thoughts on that and the youtube settlement next. stay with us fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you're born we never stop taking care of you. . >>> the tech lash out of washington is ramping up 38 u.s. state attorneys general putting an antitrust case together against google. this follows the youtube ftc settlement we just saw moments ago and we saw the senator of oregon suggesting that executives in another era might have faced jail time joining us former yahoo chief operating officer, dan rosensweig. >> that yahoo thing was a long time how are you? >> good. let's talk about the outlook on google in silicon valley right now. it seems to me i was just looking at this tweet from the base camp ceo talking about how google is ranking its ads higher than

just by way of introductions, dom, you are calling yourselves the internet computer, the centralized cloud platform that relies on blockchain, where you have servers across different data centers, so it is sort of a decentralized data center. and that is part of the foundation of what you're trying to do, disrupting these being tech giants, whether that is salesforce or linkedin, you are talking about decentralized versions of these big social media companies or amazon companies like that. joe, you are cofounder of ethereum, you also run consensus, a blockchain department company. right now it is the second leading cryptocurrency. when you started ethereum, you hear a lot of people talking about disrupting banks, tech. was that part of it when you started your company, a different kind of facebook or a different kind of google, how did that play into your vision? >> so bitcoin essentially invented several things. it invented this next-generation decentralized database and something called crypto economics, and a token that via mechanism design and crypto economics would incentivize p

bitcoin falling for the second day in a row let's get to dom >> today's move coming after getting what will lopped lugz about $1500 per token scott, we're going to kick it off with you what is it that happened with yesterday's drop what caused it and how quickly with crypto recover? >> just got crushed for some reasons we'll discuss. it's down another % today. so dom what happened, normally, an asset, a new asset class does better when there's an exchange traded adoption. recently, we got news about bit con options traying on the cme futures trading at ice, but that's been bad news because now it's not about market structure for bitcoin. it's about fundamentals and it's tough to look at the fundamentals for bitcoin and think it's worth 8300 bucks. >> so that fundamental picture not doing any fafr favors for pricing. what are traders looking at here in terms of the next level what could it really accelerate some losses we've seen short-term >> well, there's a bunch of f resistance a bunch of bottoms at 7500 interesting dynamic. last month, 50% was in mobt. it's expiring. expiration is i

we begin with today's markets and how all of these headlines are playing out, dom chu at the end of the telestraiter for us >> kelly, let's talk about putting visuals and numbers to the market events for the three big events you are talking about. ap am key part of that it's j you getting started now. you can see with the dow jones industrials average, on the south morning china post-headline, easing tension, the dow rose 100 points from those levels there right around the noon hour with the bolton news coming out, we lost 80 points, we are back up to session high, apple event kicking off. one of the places we are seeing a huge market impact is on oil prices as you can see with wti crude right here is when the bolton news came out. from the levels just before the bolton news to the bottom there right after crude wti lost 2%, crude is certain lay focus back over to you >>> let's get to that main story out of washington. john boltp out as national security adviser eamon javers is at the white house. what do we know? >> reporter: the president announced that over a tweet at a time when joh

our dom chu has that covered dom? >> jon, markets across europe mostly higher ahead of today's big fed decision as you can see behind me, lots more green across the screen the uk stocks are the biggest laggards after a softer than expected read on inflation in the united kingdom this past month. turning to sectors overall, marginal losses in retail and banks being offset by some strength relatively in autos and technology but the focus continues to be on the energy sector as we track the fallout from this past weekend's attacks on saudi oil facilities in the kingdom. oil and gas stocks are leading the gains today, as you can see here still, though, most of the major european countries so far have adopted a more wait-and-see approach to the overall scheme the uk and germany both condemned those attacks but have stopped short of assigning any blame for them france's foreign minister also reluctant to call out iran, specifically saying the country has no proof of where those drones had originated from finally, sticking w

saw that it would does this enormous so is a recycling dom's trade. but it was also a business in another sense this is a business then uses war to get its hands established this is george orwell's 1904 was always going to be in battle and guess who's making out really well of course of the weapons neela's and the people involved. ultimate manifestation of the national security state is that it not only seeks a perpetual state of war it will even go to all aeons to create that perpetual state of war i'm always reminded. of it long time ago. and that book has a beautiful sentence. i am going to physical man not because they don't exist but because you choose not to see. the you know the family this is ironic and eighties if you remember we had been on stage who were supporting the mujahideen to . afghanistan from the so gets. bled and came to thank me for my efforts to bring their merican says our friends to help get us the atheist he said the communist. went on and also been locked in this camp high in the mountains of afghanistan with an air raid she

dom, thanks very much. >>> in less than an hour the fed is expected to cut interest rates again. what the market is expecting from the meeting and steve liesman ining us from washington with a preview. steve? >> hey, kelly, thanks. as you mentioned at the top this rate announcement comes amid unprecedented pressure on the central bank to cut turmoil in the feds own fund market pressure from other central banks like the ecb which eased just recently. pressure from the markets which they threaten to sell-off if you don't get the kind of cut you want and then pressure from the president of the united states the question today, do we get a hawkish cut suggesting future cuts are limited or dovish 25% cut which is more to come. the fed fund probability 82% and 52% of another cut in october. that same cut you don't see it there has a 66% chance of happening in december. and then to get a third cut from where we are march 2020 where there is a 53% probability and now there is a bit of a difference now that we might get clarified in the feds own forecast the fed as of the last time it for

. >> reporter: it's hard for dom anyone to believe some of the most important people in his life are gone. his mother and three step sisters had gone with his step father to celebrate a birthday. >> what did they wake up to? were they awake? did they even wake up? >> reporter: the boat they were on caught fire around 3:00 a.m. as more than two dozen people slept on the lower deck. at first, he held on to hope his family was on a different boat. >> i was so praying and hoping for it to be the vision. not that i want somebody else to suffer, but that it wasn't them. >> reporter: his family has been on the conception before this tragedy. he had taken the trip with him. his step father loved diving. it was his long-time passion. >> diving is something they just shared. it's just something that made them happy together. one thing -- one of the many, but something that made them happy together. >> reporter: he says his step sisters loved diving and spending time together. >> even, he's the oldest and she loved diving with her dad too. nicole, amazing, good hearted. angela, she's a teacher.

a dom is a shot that out of a canyon and win 7-4. they pick up a half game on the a's. getting tighter than geagua's wallet. but if the season ended this morning the a's would host the rays. >>> witherspoon will miss a month with a sprained foot. too bad. off to a strong start. the 49ers won thanks to donte pettit. he was thought to be in kyle shanahan's dog house but give that dog a bone. >>> if you don't want to be in that moment, if you don't want the ball right there, you shouldn't be playing sports. so that's kind of what you live for. >>> the former raider. another huge game on monday night football. sacked case keenum twice with two fumbles. the jury is out on mitch trubisky. passes the eye test and hit gabriel three times for a touchdown. called out and reversed bears are 2-1 and they will play the raiders in lon in london in a couple of weeks. >>> nelson aguilar scored a couple of touchdowns and a loss to the lions and had a drop and fumble in the 2nd quarter on top of a touchdown drop. he had last week. so the eagles have super bowl aspirations but they are no

dom chu, meg terrell and robert frank. don't sit next to any of them on the plane. >>> coming up, he used to tackle his opponents on the football field and now is helping players tackle their finances. patrick kerney is here in studio we'll see if he flies next to the young -- >> and he's huge. israegooeds some ext l rm. th story is next read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ a new kind of credit card. created by apple, not a bank. with a better way to track where you spend. a new level of privacy and security. daily cash you get back every day. and no fees. not even hidden ones. oh, and if yo

french photographer christine spring is the ground dom of war photography she freely admits that she relishes adventure. then sure this is still we like then sure all of us these even if the is this that and this is not the main thing of course i feel a concept in. a new. country or a new situation and drama. our either one way very interesting is. that the. tragedy so these says to be. the war photographer. jens immediately when you see something on t.v. . to hate being the way which is not the way the replacements but with the camera. she dedicated her work to the victims of war capturing the suffering of the civilian population the misery often overlooked. the fate of women and children and their struggle to carry on with a normal life beyond the front lines. of her work is also about hope amid tragedy these children in cambodia having fun splashing around with empty grenade shells. you must defeat the gist of thinking. is this no i get the one. the truth. they know they can be. really sincere even ace and the women. and fuck will behave and fuck them like maine if you see this dr

. >> reporter: it's hard for dom anyone to believe some of the most important people in his life are gone. his mother and three step sisters had gone with his step father to celebrate a birthday. >> what did they wake up

in europe are going to close momentarily it's been a crazy day in parliament in the uk let's get to dom chu >> all right so, carl, what we have right now is a situation where european markets, they were under pressure, closing near their worst levels of the session, but not as poorly as we are here in the united states, on the heels of that data showing that u.s. manufacturing activity actually contracted last month for the first time since february of 2016 still, though, like you said, the big focus today is the amidt increasing prelim uncertainty across the pond. just this past hour, uk prime minister boris johnson has lost his majority in the lower house of commons after a conservative lawmaker defected to the liberal democratic side of their particularly party johnson is threatening to call now snap elections next month if parliament moves to thwart that no-deal brexit scenario and seek another extension from the european union, to kind of continue those negotiations. now, the pound fell to below $1.20 against the u.s. dollar, earlier on that was, by the way, its lowest level since

. >> reporter: the rise to start dom for a prison in mansmansfield, ohio, was far from smooth. >> we did not set the box office on fire. it was a hard argument to make, come see this prison movie it's got some like really good actors in it >> remember, hope is a good thing, maybe the best of things. >> get it while it's cold, ladies >> seven oscar nominations turned it into a classic shawshank's impact so far reaching, the prison where it was shot now transformed into a museum, turning this rust belt town into a tourist attraction and inspiring legions of fans to make the pilgrimage with their favorite lines -- >> you're wasting my time, sonny. >> you're so obtuse. >> every time it comes on, i watch it >> it is a movie about hope. that is fundamental and important to people. >> that hope hangs like a canopy over the movie's arc, and a turning point for tim robinson's character. >> a great songwriter can make you cry two and a half minutes it takes me two and a half hours to try and get your tears. to me the music is just like an arrow right to the heart >> "shawshank redemption" ulti

the premarket dom chu. dom? >> wilf, it's the money markets. right now the evidence suggests it will be business as usual the reap poe rates the higher than the market turmoil at the end of last year. the financial system was adequately supplying it. short-term interest rates. the retail space the consensus. the rates had unintended consequences they boosted the cash system >> the fed has true. and the legal rates. >> you brought this up earlier. >> i think it speaks to not just that there was a surge in the market for cash, i think that's right, but there's three fundamental issues going on underneath one is structurally the market changed. you just heard dom on this secondly, there's now concerns about the ability of the fed to keep control and third and most importantly i'm going to stress this over and over again, the market is under pricing liquidity risks. not just in that market but in other markets. i think that was the first evidence not the first evidence that's yet another evidence of this happening >> let's bring in christian am mam

chu looking at the sectors trading near new highs, dom. >> a number of them. split more in the red versus green side of things but you can see it's the financials, tech and discretionary, the cyclical sectors doing the heavy lifting. certain sectors are lagging today but some of them did hit record intraday levels earlier this week and maybe even today, as well. those defensive sectors still playing a huge role. as we tack about the big names, to the upside, take a look at the s&p 500 and the dow, a lot of those stocks here overall are doing pretty well. caterpillar, 3m all of them doing relatively well and then the underperformance of small cap stocks still a theme to watch very closely in terms of when's happening with the overall market, guys back over to you. >> dom, thank you very much, as always optimism of a fresh round of trade talks with china sparked the rally. eam eamon jafrs is at the white house. >> reporter: within the past couple of minutes we saw gm ceo mary barra departing her meeting with president trump in the oval office no indication yet w

dom, thank you >>> when we come back, the vaping backlash, the latest regulatory pressures and where the industry goes from here. later on we're going to hear from kyle bass on those potential china investment limits dow is up 86 points on this monday more "squawk on the street" in a moment ah! come on! let's hide in the attic. no. in the basement. why can't we just get in the running car? are you crazy? let's hide behind the chainsaws. smart. yeah. ok. if you're in a horror movie, you make poor decisions. it's what you do. this was a good idea. shhhh. i'm being quiet. you're breathing on me! if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. let's go to the cemetery! >>> the cdc continues to investigate vaping-related lung injury cases there are 805 cases currently open with at least 13 reported deaths matt hawkins and jeffrey jbennet join us. i have to say very few of these headlines are positive when you look at a company like juul. is there a possibility that all juul products could be remove and what is the risk to a company like

should win and i'm sort of mine and i'm not going the stone soup national on their legacy and it's not a dom and i'm not sort of a she had them. on the mobile. but up like russian box i'm not going to my home i'm not sure you have but i've said it was a song by any. friends i want you should have me everyone had actually. we don't fight i'm going to open our look at the i was going to fellas we're gonna grab which imply had it been. we would be on the if the had a bad day and. catch it on the federal rush the bloody and it was a bit corny of me i thought a little over the horizon his role was always a woman i had she had a little bit about the idea of life and that's the hard line with a lot of i've ever had it would be i thought it was a humane. thing about my national mathematics and i thought i said i mean i said it was a lot of money but i'm not even that heavy and old many have said that's not the end i want to. go a little model. going to look i want to get another one who want to. be the. old hockey their. message and not a child of a video or the home going to get a sitter or know wh

welcome dom chu and kate rodgers. what brings you here, by the way? >> advertising week in new york. a lot of big panels and things going on. >> and lots of fun announcements which we will get to first let's talk some nike the shares hitting a new all-time high today on a new earnings beat and strong global growth for the fiscal first quarter. analysts said this is supposed tonight toughest quarter of the year but the retailer showing no signs of a trade war hangover. it had 27% year on year sales growth in greater china. there's the online sales of 42%. the ceo cited product innovation like the joyride sneakers and the boost in e-commerce as tailwinds. pretty good performance for a company that could have gotten caught up in some anti-american sentiment in china >> certainly that's something we also watch in the restaurant space. hasn't really shown up there as well it's interesting to see a retailer performing well in china. another thing i thought was interesting here, they're charging full price for items and consumers are paying people are pilgri

democrats say they may start impeachment proceedings against president dom or trump on the back of reports and pressured his ukrainian counterpart to investigate possible corruption involving 2020 hopeful joe biden been very reluctant to go down the path of impeachment but if the president is essentially trying to browbeat a foreign leader into doing something illicit then that may be the only remedy by failing to act congress is complicit in trump's latest attempt to solicit foreign interference to aid him in the us elections do your constitutional duty and impeach the president at this point a bigger national scandal isn't the president's low breaking behavior it is the democratic participation usal to impeach him for it. well on sunday trump denied any misconduct while discussing his potential rival during a phone call with president back in june used to be accused the former vice president of corruption tied to his son's business activities in ukraine the phone conversation has come to light after a whistleblower claimed that trump solicited help from a foreign leader. has more. you've