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Move welcome, everybody the major average is down right now. The dow falling for the first time in four sessions, wall street socalled fear index, otherwise known as the vix, at the highest level in two months. Apple with a major drag, with fears of plunging iphone x demand the cap has dropped 45 million in a week. The action is really in the bond bond market where yields are soaring. Michelle, welcome back thank you. Michelle carusocabrera. Bob pisani is on the floor of the new york stock exchange. Bob, is it Rising Interest Rates starting to hurt stocks . Yes, for the moment and fears of Interest Rate hikes. Puff reits, on either side of and telecom and Home Building stocks, theyre all getting knocked rather noticeably there. Also interestinvestigate sensitive. Like thanks, figure, not doing too much already, but ....
Four executives calling their moves, quote, grandstanding. Weve got all the business bases covered for you. Congressman rodry davis sits on house transportation and Infrastructure Committee and jay timmons is the president of the National Association of manufacturers, theyre here on why this new executive order might be long overdue, and whether it really will fast track projects . Plus the white supremacist neonazi weekend protests in virginia reigniting the debate over hightechs responsibility to protect free speech but weed out bad actors. Niko malay of media and Public Policy on the new and dangerous frontier. On wall street, yesterdays best day of the summer, a distant memory as stocks struggled to stay above water. Above the 22,000 line by five measly points. Were watching it for you. Apple hitting a ....
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