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Transcripts For CNBC Power Lunch 20160830

Thanks for joining us. Power lunch starts right now. Welcome to power lunch. Im melissa lee. Three hours to go in the trading stegs and stocks headed lower right now. S p 500 stuck in a fractional range. In fact, this could be the 37th straight session where the s p is scaled to move 1 or more in either direction. Take a look across the board just down about a quarter of a percent with the russell the only one moving to the upside right now. Few standouts to tell you about, lkq, omnicom, Stanley Black decker, whats continued to move financials up 3 in the past month, michelle. Something well definitely be watching. Im michelle carusocabrera. Heres what else is happening at this hour. Fertilizer giant is in discussions with potash, no agreements have been reached. French economy minister has resigned from the government. And a tropical depression is gaining strength in the gulf of mexico. Forecasters say the storm could be upgraded to a Tropical Storm by later today. Busy two hours comi

Briefs for July 1, 2023

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