And paying the price, documents seen by bloomberg say Facebooks Libra crypto is already under scrutiny in the eu. Lets get a quick check of the tuesday session in the u. S. , risk off day with stocks ands and yields slumping. Every sector in the red in the s p 500. Financials and materials leading the declines. We continue to see investors prematch focus on what has come out of the jackson hole gathering. Meantime, the dow losing 100 summary three points while men nasdaq was down 7 10 of 1 . We also have a big week for u. S. Retail earnings, a bit of eye divergent picture with cold disappointing but home depot homes disappointment but depot rallying. Risk off sentiment for the day, u. S. Futures unchanged for the moment, but lets see how we are shaping up in asia. Futures are nudging lower, the asia stocks could have fresh lows this week if the momentum keeps up. We have a more soft ego data today that could put on the pressure. We have stocks on 20 date exports, down every month so fa
Welcome to power lunch. Im michelle carusocabrera. The major averages are lower kicking off the busiest week for earnings but the s p tracking for its best monthly gain since february the nasdaq was on track right here, yes. Best month since january oil pushing higher, crude prices up more than 1 . We keep show l well get to that. Financials carving out small gains, utilities and health care lagging, j j, home depot, the biggest losers in the dow right now. Some of the big movers pandora higher on news of state pajama makers, maybe not blue apron, we finally get it, soaring on positive comments but hasbro is tanking. A deeper dive on these stocks straight ahead here on power lunch. Thank you, michelle. Im tyler madison. Waiting for Jared Kushner to make a statement at the white house after his session with the Senate Intelligence Committee Earlier today. We are also waiting for the democrats to unveil what they are calling their better deal for the economy and for americans at an event
We are about an hour away from the close of trade. Ant to head in where raimi did not watch kung fu panda three. But you have been watching an incredible comeback. Ramy i will be watching it. Stanleyare right, fischer is definitely giving a boost to the markets today. The nasdaq slipped into the green and we are close to the dow slipping into the green as well as the s p 500. The dow had been down and now we are down by only 15 or 16 points here. Earlier today, we saw chinese numbers weigh on the market as well. We are definitely in turnaround mode. We will see in the next hour or so if we could get to the green. I want to show you the imap function. Earlier today, wednesday started , all of these sectors were in the red and we now have four sectors in that territory. Energy is no surprise. Look at this. Telecommunications is the biggest gainer up by 1 . Crude is still at a low but still down by a more than 6 . Today, he did see a fivemonth low. Still on track. More oil in the global m
Ashley countdown to the countdown. Oscar buzz boren imax film up for an academy award. The hot that also started the box office. A good reason why imax has been a hit with investors. Shares sitting of 52 week high. Kisio will lay out the script for the rest of the year. And a pretty picture. The big hit on a queue for sales and earnings prick your new highs. Some of the drivers in a fox business exclusive. Plus to buy new paradigm for investing. Why one fund manager said crew is the new oil and land is worth its weight in gold. Countdown to the closing bell starts right now. Ashley good afternoon, everybody. Im Ashley Webster in today for liz claman. Is the last hour of trading. And the bulls back among stocks acrosstheboard. But trading coming back just a little bit. Better than expected earnings also strong. German Business Confidence numbers feeling those gains. Right now the dow trying to avoid finishing in the red for the third week in a row, up 94 points, still on pace for its fi
Times the circus. Renowned adman and political commentator Donny Deutsch is with us. And were going to be putting master chain saw repairman as well. Very good. Republican strategist and analyst susan del percio. Associate editor for the Washington Post and political analyst Eugene Robinson is with us on this friday as well. Weve got a lot to get to this morning, joe, including more from the president s interview with fox news appearing to blame Hillary Clinton for the russia investigation. He also attacks john mccain given. And a coast guard lut ent accused of planning to murder politician and journalists will not face terrorismrelated charges and can soon be released. The judge in that still is very, very fearful that this man who was plotting to launch a terrorist attack and kill nancy pelosi and Chuck Schumer and most of the members of the Democratic Caucus who are running for president and as well as media members, barr will not charge them. The u. S. Attorney will not charge this