Secrets, from your spouse. We call it financial infidelity. You would be surprised how many people, men and women alike, do just that. They keep secrets and it can really end up hurting your financial wellbeing. We will go to sue at the new york stock exchange, but first, to Morgan Brennan with a market flash. Check out caesars entertainment, up on news of a financial restructuring. Dow jones saying the company is not facing imminent bankruptcy but is battling a hefty debt load. The stock is down about 3 right now. Back to you, sue. Thank you very much, morgan. We appreciate it. We start out power lunch with a major plus for American Manufacturing and a major question mark as well. U. S. Automakers making basically an export milestone. Phil lebeau is covering that for you. There are problems at the panama canal and jane wells is on that story. Lets take a look. A live shot of the panama canal from the panama canals own web cam. Theres a huge construction project that had to be stopped
Down about 48 points, 15,470. The industrial average settles out, look at the volume number on the light side. 540 million shares traded. The nasdaq gave up 11. 75, 3,654. And the s p 500 tonight down 6. 50 at 1,690. By the way, all of the major averages finishing off the lows of the day. Even though were down in the double digits, we had buyers throughout the session today. It was nonetheless, though, a downer for the broad market. Bob pisani, put things in perspective for us today on the heels of what has been a record setter for this market. Reporter the big story is the constant commentary from the fed officials here. Lets take a look at that, because that will determine what happens in the next couple of months. The bottom line is the fed hawks and fed doves seem to be aligning, and the concept is tapering is imminent. If not in september, certainly by december. Unless the data completely falls apart. The head of the cleveland head came out today, not a voting member, but she said
Major League Baseballs drug policy. New york yankees slugger Alex Rodriguez has been suspendedded for 211 games. That ban effective thursday. Dallas Federal Reserve Bank President Richard Fisher says the fed is closer to curbing asset purchases. The fed president said with fridays jobs report, the fed is closer to execution proceed. Pondering right time to begin reducing purchases. Boston red sox owner john henry is buying the boston globe from the New York Times. The deal . 70 million in cash, far less than the 100 million that deal was expected to fetch. After the bell starts right now. Adam we want to get to the action. Lincoln ellis is the in pits of the cme. Talk about what is happening with commodities. What can you share with us, lincoln . Very interesting day here, as the equity markets trade back and forth, seesaw, it make as new high. Commodities particularly in the corn complex reach the lowest level they have seen since 2010. As a previous guest was saying to liz, you conti
People get tested. The governor has ordered 75 of the workforce and nonessential services to stay home. Almost 70 of confirmed cases in new york state are in new york city. Mayor de blasio warns that the citys hospitals are two to three weeks away from running out of essential medical supplies. In california, the state will be closing all businesses not needed to sustain life. Meanwhile, in florida, Miamidade County and others have been ordered to close beaches, but the governor refuses to require closings. One hospital in minnesota is considering shutting its doors over supply concerns. And in illinois, an intensive care nurse was told to make a single use mask last for five days. Meanwhile, in los angeles, doctors were forced to use expired masks to examine coronavirus patients, but the elastic bands snapped when they tried to put them on. Others are turning to home made remedies to ease the burden. While doctors in seattle are using items purchased at home depot and craft stores to
Canaveral. That was allowed to expire at 2 15. So everything in the clear, right. Not exactly. Were still looking at a 50 50 chance. But breaking it down, if you look at the radar here and well show the entire state of florida you have a line of thunderstorms from tallahassee, jacksonville that extend down into the everglades. But if you get into closer and what were going to see here in a closer inspection, youll see a red dot, we put that on the place where we have the falcon x launch site and youll see where titusville there is there. You notice the line of thunderstorms with the lightning strikes moving from the southwest toward the northeast. There is a clearing line back behind that next batch that is moving in. So we say even though it is breaking down the number of thunderstorms toward Cape Canaveral, maybe starting to dwindle and there are still thunderstorms that could produce some wind gusts and of course the threshold right now and always has been you need these winds under