The question is sort of the Yellen Dudley more dovish wing of the fomc as to whether or not theyre adamantly opposed here, but the other guys, i think it was about letting the markets settle down and waiting to see if there was anything more serious that the markets were telling us from the recent volatility. But if things have passed and they seem to be quite a bit calmer than they were previously, then i think that group of people we were just talking about are quite comfortable hiking rates. Steve, thanks so much. The markets were already moving lower throughout the last 45 minutes or so because of whats been going on in health care. Theyre going to react to this more in the minutes ahead. Steve weiss, it brings up the question again, if the fed acts in the next month, stocks are going to blow that off . Look, i dont know market can go up if the fed hikes rates . I believe that if we get Everything Else sort of more comfortable, the markets trade up. I just dont think the fed is the
Down 3 today. You got the stories about the bending iphones. Now problems with its latest operating system update. Just how much troubling news is this for the tech giant . First, though, check in with sue down at the New York Stock Exchange. Hi, sue. Hi, ty. It is an ugly day down here. The dow down triple digits. The fourth straight triple digit move and something the dow hasnt done since mid april. Giving up all of yesterdays gains. Here are the numbers. Dow down 242 points. The low of the day down 256. S p 500 off 28. Nasdaq off 79 points. Leading the decline in terms of percentage moves. Russell 2000 laid claim to that earlier and come off of the worst levels and down almost 16 and the transports down 112 points on the trading session. Where Interest Rates are right now, 10year note, the yield trading at 2. 522 . More on the trading action. Bob pisani is with me. Bob, we start with you. Were just off the lows of the day. I think two issues particularly gotten a lot of attention to
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