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Transcripts For CNBC Power Lunch 20161003

Players in that resurgent city. Power lunch starts right now. Dont you know that i heard it through the grapevine not much longer would you be mine welcome to power lunch, im melissa lee. Gm, ford, Fiat Chrysler all dropped. Hurricane matthew is barrelling through the caribbean. Could make landfall in haiti. Stocks kicking off Fourth Quarter in the red. Take a look at where we stand right now. We have the dow, nasdaq and s p 500 all pointing lower on the s p 500, materials the only sector in the green but it is really being crushed today by the downturn in utilities which is down by more than 1 . Oil, meantime, is higher today by. 8 of a percent. Trading above 48 bucks per barrel. We have a busy two hours. We kick it off with Brian Sullivan live in the motor city for us. Hey, bri. Hey, melissa. Thank you very much. Cant hear the song, heard it through the grapevine without thinking of the movie the big chill. When we came here a few years ago detroit was in a big chill. We came back be

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