for "power lunch" which begins right now. >> see you soon, kelly i'm melissa lee with tyler mathisen new at 2:00, china now accusing the u.s. of economic terrorism as the tit for tat escalates the trade war drags on, what's the biggest fear for investors right now? missing out on a rally or in the getting out ahead of a sell-off? we'll debate that and facebook kicking off its shareholder meeting at this hour protests, angry investors and a new threat from a presidential candidate. "power lunch" starts right now >> all righty. welcome, everybody, to "power lunch. i'm tyler mathisen markets slightly higher right now. not much of a rebound from the recent selling but the dow is still, i should point out, headed for the sixth straight week of losses and that has not happened, kelly, in a year. >> tyler, thanks markets are shrugging off the tough trade rhetoric from china so far today, bolstered in part by a vote in part from feds vice chair rich clairda seema mody with big movers and kayla tausche is following the latest on those trade tensions seema? >> reporter: hi, kelly fed

your home but $3,000 to $5,000 would go a long way to getting to those standards and kelly, first named storm today, andrea. >> that money goes a long way with 7% more as well great stuff. thanks very much that does it for "the exchange." i'll join melissa for "power lunch" which begins right now. >>> thank you, kelly see you in a moment. tyler mathisen with the healthy returns conference, join us in a moment new at 2:00, the smart money betting the sell-off is over and the correction has run its course are the hedge funds right and what do you do from here china digging in to heels on trade talks signaling a long road ahead plus the new risk emerging in this trade war and tesla at $10, a new call on the worst-case scenario. that stock down 40% this year at the lowest level in 2.5 years. where's it go from here and when the margin calls begin to hit elon musk. "power lunch" starts right now let's get a check on the markets at this hour nice gains on wall street. the major averages up for the first time in three sessions dow up 195 at the highs and 174 right now and s&p 500 up 26.

"power lunch" which begins right now. >> kelly, see you in just a moment thank you very much. i'm tyler mathisen, everybody. . stocks up for a change but dow headed for the longest losing streak since 2011. has the sell-off almost run its course plus, transports looking at their first three-week losing streak of this year. how tariffs are impacting trucking and more. >>> a new report shows u.s. companies are paying almost entirely for tariffs on chinese products how businesses should model for a long-term and we do mean long-term trade war. "power lunch" starts right now >> so let's get a check on the markets this hour. stocks are nicely in the green with the dow industrials up almost 100 points. up 180 at the high on track to post, however, a fifth straight weekly loss the s&p 500 and nasdaq are on track for their third straight weekly declines. kelly? >> let's get to seema mody at the new york stock exchange with the latest on the trading action this hour. seema? >> kelly, higher yields, lower volatility and upbeat comments from president trump on trade and the dow up triple digits, a

begins right now. >> thank you, kelly. see you in just a moment i'm melissa lee along with tyler mathisen new at 2:00, stalemate over trade talks and u.s. tech starting start ing to comply with huawei. chips getting closer to bear market territory the sector caught up in the trade war but with the strong run so far this year, is this a group worth sticking with? and tesla tanking. shares tumbling on a bull and that analyst calling tesla's situation a code red when investors need to know right now. "power lunch" starts right now >> hi, everybody welcome to "power lunch. welcome to a new week. i'm tyler mathisen glad you could join us here at 2:00 stocks under pressure right now. tensions with iran and china front and center, but we are off session lows the dow now more than 200 points earlier and nasdaq getting hit the hardest down more than 1%. 1.25%. apple having the biggest negative impact on the dow today but not everything is down utilities are hitting a record intraday high. and that rally in utilities highlighting the more defensive positioning the market is assuming right

" which begins right now. >> kelly, thank you very much. we'll see you in just a few seconds. welcome, everybody i'm tyler mathisen new at 2:00 this day, president trump is not ready, not ready to make a deal with china jamie dimon warns about the trade war and the u.s. tech impact on the markets. >>> beyond meat soaring after striking a deal to ramp up production the stock is now up 240% since its ipo. it's the anti-uber >>> new bullish call today, by the way. we'll talk with the analyst who made that call on beyond meat. >>> and one daughter's a doctor, second is the ceo of youtube, and the third is the ceo of 23andme. the mother, heather, how to raise successful people. that's ahead on "power lunch" today. >> all right, let's get a check on the markets this hour the averages, giving up their gains. the dow was up more than 130 points at one point. its high of the day, right now, having the longest daily day by day losing streak in eight years. so there you see the dow down 14 nasdaq is higher, but the s&p is lower. kelly? >> tyler, thanks let's go to seema mody with more on the tra

% small caps, they still, kelly r in correction territory. >> we've been pointing out several retailers and tariffs a problem for the retailers but they've been down recently it's imported from china additional tariffs and we believe that consumers could experience price increases by as much as 10% to 15% across all the impacted categories and this is assuming the retailers are able to pass the higher costs along. that's not clear at all. it's another problem, i didn't think about this but many retailers have private brands and those private brands tend to rely more on imports from china than other brands. private brands including aeropostale, and jcpenney and kohl's back to you. >>> president trump putting a positive spin on the trade tensions with china calling it, quote, a little squabble, and key members of the administration have been very vocal in the last few weeks that a deal with china was coming soon >> we had very productive meetings. >> a lot of progress. >> making great headway. >> our hope is that we are in the final weeks of an agreement. >> i think we're pleased with the

sounds like muffins with fangs. >> come on, kelly. >> anyhow. >> all right brian, thank you joe, thank you as well >>> coming up, oil is moving higher today in part because of more rattling from iran. are higher prices coming as the situation plays out? crude is around 62 a barrel. disney is smashing the box office stock is up more than 20% this year earnings after the bell. llhasend it even higher? feel th? that's the beat of global markets,feel th? the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. lexus ux and ux f sport. also available in hybrid all-wheel-drive. lease the 2019 ux 200 for $329 a month for 36 months. experience amazing at your lexus dealer. in the transportation industry without knowing firsthandness the unique challenges in that sector? coming out here, seeing the infrastructure firsthand, we can make better informed investment decisions. that's why i go beyond the numbers. li

, thank you. i'll join tyler for "power lunch" which begins right now. >> indeed, it does, kelly. we'll see you over here in just a moment or two. i'm tyler mathisen >>> new at 2:00, stocks go south as investors look east markets being too optimistic about getting a trade deal done quickly with china so do investors need to reset or is that what we've been a part of the last few weeks? another area, trade tensions felt is in the oil market. crude tanking today down 12% in the last month how low might prices go? another worrying call on tesla and consumer reports, warning about auto pilot feature in the tesla and they will speak to us first about it as "power lunch" begins right now let's bring you up to date on this sell-off on wall street right now. the dow and the s&p having their biggest drop since may 13th. that's not all that long ago about ten days or so dow falling 445 points at session lows and looking straight in the eyes of its fifth straight week of losses. i mentioned oil a moment ago and crude is down almost 6% right now. on the benchmark 10 year treasury, get this h

with the very latest. kayla? >> reporter: kelly, it's a make or break week for trade talks in china. raising in the stakes and the end date for this friday to make a deal for the biggest to see rates more than double going too slowly and trying to renegotiate. given the new demands by donald trump, china is weighing whether to pull out of talks as it did under similar circumstances last september. and progress for a deal and president xi but the foreign ministry said they're looking for more information mick mulvaney and larry kudlow and mike pence with the possibility the deal won't work wut outbut cl out but more in the coming days. >> the president claiming that tariffs are actually good for the u.s. tweeting that they are, quote, partially responsible for the strong u.s. economy. let's bring in pimco, managing director hamilton plays strategy partner and our own steve liesman but, steve, we start with you to do some fact or fiction, sussing out of the president's comments. >> off of truthfulness it's just way out there. i don't see how possibly tariffs are increasing or helping

me today i'll join melissa and tyler from "power lunch" which begins right now. >> thank you, kelly. see you in just a moment i'm melissa lee with tyler mathisen who's in chicago today. new at 2:00, president trump says he has an excellent alternative to a china deal. both sides set to meet in just a few hours from now will we get a deal it may not be the bobbi kristina time to go public but uber looks to be going ahead anyway ipo priced after the bell today. what is that stake amid this market volatility? facebook firing back after cofounder calls for breaking up the social media giant we'll debate that. "power lunch" starts right now let's get a check right now. comments from president trump on trade, it was down on session lows but major averages on track for the biggest weekly declines of the year. now ty in chicago. >> reporter: i'm at the morning star annual investment conference here. in a couple of minutes, we'll reveal the winners of the morning star investment excellence awards for 2019 and the winner for exemplary stewardship straight from the vanguard group we'll hear fr

. >> thank you, kelly. see you in just a moment i'm melissa lee with tyler mathisen new at 2:00, move over china president trump now taking the trade war to mexico. threatening crippling new tariffs. what it could mean for the markets and the economy. shares of the big three u.s. automakers slammed on this new tariff threat. what it means for them and two other crucial sectors of the american economy and the bulls got mauled in may. bigger correction or are we setting up for a june rally? "power lunch" starts right now >> oh, what an interesting day this is turning out to be. welcome to "power lunch. i'm tyler mathisen stocks are tumbling on the last day of what has been a bearish month. a big bear of a month. major averages on track for their first monthly loss of 2019 largest monthly losses since way back in december and you'll remember, december, of course. interest rates are sinking too yields on the benchmark 10 year treasury note falling to their lowest levels since september of 2017, hitting 2.145%, kelly? >> wow okay have to read that twice. we have full team coverage in this marke

biggest movers on the floor of the new york stock exchange >> kelly, so far this year the economic data has held up relatively well in the face of higher tariffs and the ongoing u.s. china trade dispute now there are indicators the yield curve, weaker retail earnings, the drop in crude oil. brent crude at $69.58. plus the technical breakdown in the s&p 500 below the two-day moving day average the stocks hitting 52-week lows in the last one hour largely cob finfined to retail names. michael kors saw comps decelerate the key rival coach has seen an acceleration in comps as of late let's pivot to yields. the impact on stocks those sectors energy, tech leading us lower and check out the banks. remember, lower yields squeeze the net interest margins that's the gap between what banks borrow at and what they pay deposits jpmorgan and morgan stanley down and we're off the lows of the session. >>> stocks selling off as the ten-year hits its lowest level since september of 2017. that happened earlier today. more pain ahead. let's look with steve liesman. some bond market signs what are they

. >> kelly, fears are the impact of a bigger trade war going global including the u.s. economy, including u.s. corporate profits and some economists think could even force the hands of central banks around the world karl weinberger said it's a lose-lose proposition. our assessment is that u.s. consumers, voters, have more to lose than the chinese who can and do source everything from food to technology elsewhere ubs estimating full blown tariffs threatened by the president could shave 45 basis points off global growth and a bad hit to u.s. earnings how bad a hit? here's their estimate. if tariffs rise from 10% to 25%, they see a 2% hit point to s&p earnings but if there's a 25% slap of tariffs on all chinese goods imported to the u.s., that's another 7 percentage point by ubs economist with a full blown trade war or not can have a decisive impact on the fed and other central banks next move. jeffreys writes, if there is a breakthrough in the trade negotiations, a fed rate hike as soon as 2019 back on the table but the trade war between china and u.s. could force central banks into easing

right now. >>> thank you, kelly we'll see you in just a moment i'm melissa lee with tyler mathisen new at 2:00. the american economy firing on all cylinders. job growth blowing out expectations is the economy at risk though of overheating and could rate hikes be back on >>> amazon shares are rallying warren buffett says he's been buying the stock, so why now we'll head live to berkshire hathaway >>> move over uber what could the next ipo be and mean for investors start-ups staying private for longer "power lunch" starts right now >> thank you, melissa. welcome everybody to "power lunch. i'm tyler mathisen glad you could join us on a rather chilly friday here in the new york area. stocks are rallying on the back of the strong jobs report this morning. we're sitting near session highs. look at the dow industrials up 3/4 of a percentage point. biggest gain since april 23rd. yields on the 2 year note and the benchmark 10 year bouncing off their session lows for more on the market reaction to that jobs report from earlier today, let's go to bob pisani at the new york stock exchange. hey

to our website or follow us on twitter kelly, back to you >> thank you >>> ahead on "power lunch," the trade war with china, can we get a deal steve bannon weighed in. we'll debate it. >>> plus a disrupter 50 list is out. we'll here from one company reinventing your fridge. >>> and the staggering and rising costs of supplying americans with safe and available water. all this when "power lunch" returns. >>> and now the latest from trading nation and a word from our sponsor. >> if you're an active trader sitting on the sideline can be difficult. it's important to resist the temptation to overtrade. you may want to consider less or reducing the size of your trades, and when things really get crazy, sometimes the best l.ade to make is no trade at al i'm joannepayne. what do advisors look for in an etf? i tell clients, etfs can follow an index, but which ones target your goals? it's not about quantity. it's about quality. no trendy stuff. i want etfs backed by research. is it built for the long-term? my reputation depends on it. flexshares etfs are designed and managed around investor

. >> thank you very much "power lunch" begins right now. >>> kelly, thank you very much we'll see you in just a moment welcome, everybody i'm tyler mathisen along with melissa lee. new at 2:00 this day, it is a sell-off on the street if you haven't noticed. worst day of the year. so how much more pain may be ahead with the president's battle with china taking an unpredictable turn abcs of the dow. what it means for boeing and caterpillar, all three stocks slammed today in this across the board sell-off worst day in more than a year. what's ahead for this group? "power lunch" starts right now >>> welcome to "power lunch. i'm melissa lee. wall street hitting the sell button again as china retaliates with its own trade tariffs having the biggest one day drop since the beginning of the year. s&p 500 lost almost $1.2 trillion in market value and 28.01, about 20 minutes ago and bounced off that by 12 points and much more behind that in a few minutes. tyler mentioned apple, boeing and caterpillar, among the biggest and shaving off 170 points between them. full team coverage of the sell-off and

. >> thanks very much, kelly we'll see you in a few minutes contessa does join us this hour. the bulls charging again is the worst over or time to get defensive? flip or flop's hgtv, he'll join us this hour "power lunch" starts right now >> welcome to "power lunch." i'm contessa brewer. stocks rallying for a third straight day pushing the s&p and nasdaq back into positive territory for the week and stock up more than 50% since then more on that just ahead. first, let's get right to kelly. >> thank you, contessa straight to bob pisani down at the new york stock exchange with what's fueling the rally, bob? >> 9:00 a.m. yesterday morning and 600 dow points in about 24 hours. all hopes of trade fronts, all hopes the progress could be made maybe a delay in auto tariffs or nafta progress or the aluminum steel tariffs and maybe suckered in to that trade deal here and nice expansion and new highs nearly 200 at the new york stock exchange and all doing really well. big names and mx, costco, mcdonald's, and on the first day. and up to you. bad headline on trades any optimism on the horizon? >> t

. >> thank you, kelly and we'll see you in a moment. i'm bill griffeth. courtney will join us coming up. a fluid situation right now. we'll get to that coming up here investors brushing asidie negative news about trade talks with china and positive headlines coming out of dc but are investors being too optimistic now, if you're wondering what to do with your money in all this volatility, watch ultra wealthy. they are moving to cash levels, not seen in years. but there are five stocks that they love right now. we'll name some names and amazon is going after uber in the delivery area making a massive investment what it means for uber and everybody else "power lunch" starts right now >> welcome to "power lunch." i'm courtney reagan. wild swings on wall street the dow was down more than 200 points at its lows and then swung more than 280 point it is other way to go positive we are off the highs but holding on to small gains. but the nasdaq is turning negative once again. this is a very fluid situation hey, kelly. >> courtney, thanks. >>> the trade focus shifting from china to mexico toda

lunch" that starts right now. >> thank you, kelly. i am bill griffeth deirdre bosa is with us this hour new at 2:00, stocks bouncing back despite the u.s. slapping more tariffs on china and speak with the man until two weeks ago was the white house lead negotiator about whether a trade deal can still get done. for investors, it comes down to what it means for the market and the economy. break that down for you as well. uber trading as the public company below its ipo price. where the stock goes from here coming up. "power lunch" starts right now >> welcome to "power lunch." i'm deirdre bosa the dow briefly went positive moments ago but down more than 350 points earlier, all major averages on track for the worst week of the year bill mentioned uber's first day as a public company, shares slightly trading lower this hour certainly have more on that ahead but straight to bob o'brien with the nyse with what's driving this. bob, a busy day for you. >> it is uber in particular but let's just talk about the markets. why we're rallying is because the markets continue to refuse to believe t

tracking the action and reaction to the minutes >> kelly stocks moving slightly lower upon the release of minutes. you look at the s&p 500. down just about 6 points on the day at 28.58 worth looking at some of the interest rate sensitive sectors starting with real estate and the real estate investment trust. basically flat on the day. some of them are trading to the downside the real estate investment trust stocks are up about 17%. so far this year it is the fourth best performing sector home builders, look at the sector there up about 27% this year not a lot of movement. down 1.2 % worth noting quite the outperformance in a number of these sectors for the year >> seema, thank you. >>> to rick santelli with bond market reaction to the fed minutes. >> there wasn't a lot of reaction traders were talking about one thing in particular. pursuant to your discussion, inflation. well, one of the reasons we don't have inflation is because our dollar has been so strong. we are importing it from all those export economies playing around with their currencies but as for today's meeting specifically,