Charles we are trying to gas charity for future generations. Liz have a good weekend. March madness as we kick off the final hour of trade in the first day of a new month. We are not talking the s p and nasdaq at new record highs. Any gain at the close for either of the majors will seal the deal. The s p higher by 41 points, the nasdaq gaining 200, Dow Jones Industrials up 77. Where are we seeing madness . It is one of the biggest laggards as we pick up a final hour of trade. Major headlines swirling around boeing. Look at the intraday chart and cratering in the stock that happened at 10 509 am eastern time. Thats when a wall street journal report hit the tape that boeing is in talks to purchase spirit aerosystems, opposite chart here, shares immediately responded, spiking as high as, lets see, 200 . The high of the session, spirit aerosystems, significant gain, 33. 99. Spirits market, 3. 7 billion. It used to be part of boeing but was spun off in 2005. It is the company that is behind
General Public Comment at this meeting and there will be a opportunity to comment on each discussion or action item on the agenda. Each comment is limited to two minutes. Public comment will be taken both in person and remotely by call in. For each item the board will take Public Comment first for those in person and from people attendeding the meeting remotely. Comments are opportunities to speak during the Public Comment period are available via phone by calling 4156550001 access code, 26638831727 then and again. When connected you hear the meeting discussions, but will be muted and in listening mode only. When your item of interest comes up, press star 3 to be added a the speaker line. Call from a quite location, speak clearly and slowly and turn down your tv radio or computer. City policy along with federal, state and local law prohibits discriminatory conduct and will not be tolerated. Public comment is permitted on matters within the jurisdiction of the meeting body and thank you
Item 2, communication. We welcome Public Participation during Public Comment period. There will be a opportunity for general Public Comment at this meeting and there will be a opportunity to comment on each discussion or action item on the agenda. Each comment is limited to two minutes. Public comment will be taken both in person and remotely by call in. For each item the board will take Public Comment first for those in person and from people attendeding the meeting remotely. Comments are opportunities to speak during the Public Comment period are available via phone by calling 4156550001 access code, 26638831727 then and again. When connected you hear the meeting discussions, but will be muted and in listening mode only. When your item of interest comes up, press star 3 to be added a the speaker line. Call from a quite location, speak clearly and slowly and turn down your tv radio or computer. City policy along with federal, state and local law prohibits discriminatory conduct and wi
Gaza the house advancing a National Security bill aimed to crack down on tiktok, the bill leads to the senate for a vote this week texas senator ted cruz reacting yesterday with me on sunday morning futures. I think there is a lot of support for the bill in the senate i think quite likely to pass in the senate when it comes over on tuesday. There are elements that are good there are elements of the bill that are not so good, best parts muchneeded military aid for israel. House democrats celebrating ukraine bill waiving the National Flag of the ukraine, on house floor in responses, kat cammack says she is working on legislation that bans foreign flags in the chairman, also took to microphone said put down damn flags joining me florida senator rick scott member Homeland Security budget economies how will you vote when this package four billed mushd into one comes to the senate. Frustrating, the house passes individual bills they put it together so we have to vote together. Chuck schumer
Also on power lunch why your doctor is so angry and confused these days. First, though, to sarah eisen in for manned where i. Shes at the nyse. Hi sarah. Hi. Good afternoon, tyler. Were going to begin with a big deal in the transportation sector. Fedex making a major move into europe buying european rival t t. What is it this mean . Investors seem to like it. Morgan brennan outside Fedex Distribution Center in manhattan for us. Morgan. Well, thats exactly what it means. Fedex is expanding into a Market Europe that until now its had little share of. Fedex has largely focused in az wra. Instead the two dominant players in europe have been ups and dhl. By acquiring tnt express, fedex dramatically expands its presence in europe, and it does so primarily through ground operations. The chairman says there is a number of reason to do this now. The Dollar Exchange ratio was very favorable. The quantity the quantitative easing means the economy has a better outlook now than for some period of t