And welcome to power l lunch. Im melissa lee. Mixed picture on wall street with the nasdaq in the red by about a tenth of a percent. The dow adding 30 points. The s p up by three points itself. For the dow and the s p, this would be their fourth day in a row of gains. That has not happened since the month of february. Consumer staple hitting an alltime high on pace for its fourth straight day of gains. Monster beverage, campbell leading there and it has been a volatile day for the Home Builders after rallying on the back of toll brothers. The sector now turning negative as new home sales fell more than 11 . Much more on that story straight ahead. Take a look at herbalife shares, tanking, about 6 . Reports the companys china chief has abruptly left. Well bring you more details when we have them. Im which will fred frost. Here is what else is happening. New clues about the economy, data that measures the amount of freight transported by trucks showing a surprise drop. And a Retirement Sa
Is he right . And how would the market react to that . And for target, it just keeps getting worse. Now presumably more than 100 million customers may have had their data breached. The security of it, in the past month or so. Sales have taken a hit. Earnings, a new warning from that company. Well have more on that. Meanwhile, sues at the nyse. The markets right now are down about 42 points on the trading session. But were watching that target story very closely. The shares right now are off just under a percent. In the last month, you have been seeing them go up and down extremely volatile in that stock. A spokesperson from target saying today the data breach is bigger than they thought. It may now impact, as you said, more than 100 million customers. A newly set of discovered breaches includes names, mailing addresses, phone numbers and email addresses. Investigators believe this indicates a second target data base may have been hacked. Target lowering its Fourth Quarter guidance to l
With ongoing supply chain issues, legislative challenges in Washington and a rising interest rate environment, many renewable energy investors prepared for a cooler start to 2022.
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