Been. Ban. A federal judge will consider the request at a hearing in honolulu. Global news 24 hours a day, powered by more than 2600 journalists around the world. Im mark crumpton. Bloomberg technology, is next. Cory im cory johnson. This is bloomberg technology. Coming up, we go live to las vegas, nevada for the ibm internet conference. We talk about everything from the cloud to ibms partnership with wanda. Marc benioff says the window for acquisition is posing. Firstll ubers board Travis Kalanick to resign . First, lets turn to the market selloff for u. S. Equities. It biggest slide since october. Lets bring in stocks reporter abigail doolittle. A big fella today. Cap down a big selloff today. Tech down 1. 5 . Reporter indeed. It was a pretty bad selloff for major averages today. A dayw down the most from standpoint, the worst selloff since the beginning of september. Some are saying this is a reversal of the reflation trade. Now is the worst sector for the major averages, including
Weve got someone from the administration to explain what in the world is going on. And another union may soon invade the south. The last one burned atlanta. The union army. Will this one burn all those manufacturing plants and jobs to the ground . Were talking unionizing. Sue is at the nyse. Hi. Its a down side day. Right now where we were momentarily again, the Dow Jones Industrial average off about 100 points on the trading session, s p down 9, nasdaq down 29. Thats the biggest percentage move to the downside. The russell 2,000, the broadest index is down almost a full percenten. As for Interest Rates, the yield on the 10 year is 3. 623 . The oil and gold market going in opposite directions. Comex up 14 bucks but ice brent is down about a tenth of a percent. Down 8 in month. Were seeing gasoline under 3 bucks at some stations around the country. And the volatility index known as the vix up 10 in a week. It is up almost 11 . At 1855. Ty, up to you. All right. Thank you very much, sue.
4 00 a. M. On the u. S. East coast. Welcome. It is cnns punishment for moscow for meddling in the 20126 election. Congress promising new rounds of sanctions. Senate and house negotiators settled on a deal even though President Trump hasnt admitted it. The kremlin said it would view a move like this as, quote, quite negatively. Its been a busy, hectic week in washington regarding russia. Jeff Sessions Discussed Campaign issues with Sergey Kislyak on two occasions in 2016. That contradictions what mr. Sessions has said in the past. U. S. Intelligence intercepted his comments to the kremlin. In a statement from the u. S. State department, Jeff Sessions stands by the denials of russian officials in the campaign. Congress is set, poised on the fast track with these sanctions, getting it ready for the president to sign. We have the latest. Reporter house and Senate Negotiators announced they came to an agreement on a bill to place sanctions on russia, north korea and iran. The sanctions are
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