Welcome to power lunch, everybody. Stocks are just off the lows of the day. The dow down b about 200 points. Still on pace for its Third Straight session in the red with apple the biggest drag and gold reaching 1600, its highest level in seven years and utilities leading today on pace for a record close the second best performing sector this year next to tech up 9 for more on where the money is move ng todays market, lets get to bob pisani at the new york stock exchange. Hello, again. Much of damage is cue to apple and theyre worried about krohn kro coronavirus. Exxon mobil, another new 52week low there and also were seeing some of the big global industrials like caterpillar, 3m pretty modest response leon cooperman was saying the the biggest risk to the markets is the u. S. Elections and this is the way a lot of the Fund Managers seem to think bank of america, 150, the biggest Fund Managers in the world. He said that, too. The 2020 election is the number one thing. Were all worried ab
12 of the nfl. With we have your highlights as early today starts right now. Good monday morning ih controversy at its fallout from a dispute of the navy how the case of Edward Gallagher was handled. Hes the navy s. E. A. L. Accused and then acquitted of war crimes President Trump tweeted he was not happy with the way the navy handled the trial and announced Richard Spencers services have been terminated, thanking him for the service. The president also said the ambassador to norway Ken Braithwaite will be nominated for the position Kelly Odonnell has more reporter a major shakeup at the pentagon the Navy Secretary is out, asked to resign by defense secretary mark esper over his handling. E gallagher. Richard spencer was already under pressure when he disputed reports about the controversy saturday i did not threate to talk Aboud Ede Gallagher is e of them. Reporter the pentagon chief caller actions deeply troubling. The Navy Secretary privately proposed to the white house that if offi
And cool start but a warm finish with high vanessa, of 83. Thank you. It looks like our big edge concern right now is this crash along u. S. 41. And thats going to be as youre approaching the selman expressway. Northbound lanes are blocked. We still have pretty notable delays in area. Make sure youre continuing to use work around 78th which will be off to the east. Or, 22nd which will take you in closer to the downtown tampa ybor area. And let you know once this clears out. All right, vanessa, thank you. You dream of it. Retiring. And hopefully when youre young enough to enjoy it, right . Thats been changing over decades. Now more than ever, more and more people are saying that they will work until they are physically unable to. In an Associated Press poll they found a quarter of workers, 50 years old and older say they will work as long as they can. And that number jumps to 33 percent when talking with employees who make 50,000 a year or less. And the reason is obviously were always j
In asia overnight, markets there also closed higher. The nikkei was up by 2. 4 . Hang seng was up by 1. 5 . The shanghai composite up by 1 . In europe, in the early trading, again, more green arrows, the dax is the biggest one of the major advancers. Right now, german markets up by. 8 . The cac is up by. 4 of a percent much the ftse at. 1 . Crude oil prices were lifted by renewed talks by opec members to restrain output. We saw that ground pick up on friday and this morning, wti is up another 1 1 3 percent. Moss cow is ready to discuss an ol production freeze. Here are the stories to watch. Not a good day to fly delta. Thousands of passengers around the world experiencing delays this morning due to a system wide computer failure. Delta saying our systems are down everywhere. Thats in response to a user complaint. At delta news hub tweeting, due to a computer outage, flights awaiting departure are delayed. Flights on route are operating normally. Customers should check the status of the
Charges have now been filed in a deadly shooting in brown deer earlier this week. Jessie james is charged with first degree reckless homicide. For the death of mannix franklin jr, on monday night. Prosecutors say james admitted to the shooting. The victim is the son of james roommate. James told police that he ordered the victim to turn down his music, then leave the apartment. A criminal complaint says the victim instead taunted him. And thats when he opened fire with a shotgun. Charges were also filed today in the death of an oconomowoc woman. Degree intentional homicide. For the death of christina schuster. The victims brother found her body in her home earlier this month. Investigators say she died from a single gunshot wound to the head. The brother told police that just a day before her death, she had told him that she had planned to break up with lee, and she did not think it would go well. Guns in Milwaukee Public Schools. Two incidents have caused injuries this weeks. One, a b