Tesla getting set to take off. And tesla is up 9 today. Were going to take a look at the growing musk empire. And booming sales at walmart and home depot but the stocks not getting that same boost today. Power lunch starts right now welcome once again to power lunch, im john fort boy, its hard to swim up stream in the amazon. Cvs, wall green, right aid and dorsey and zuckerberg and ceos testify in front of the senate one bright spot in the s p 500, cruise stocks as norwegian is near the high of the session for more on the market action, lets get to bob pisani. Hello, john its sort of a choppy, indeterminate day. The market cant quite decide what it wants to do today. Weve had a great run in bank and material stocks. The cyclical names have done really well recently those are on the weak side today. Tech is kind of flattish overall today here and then we had Energy Stocks and reits. So energy has been holding up very well today and so has Real Estate Investment trusts on top of that. Te
Lunch. Take a look at where we stand with the markets stocks are higher across the board as investors brace for the busiest week of earning season thus far the s p pacing for its best month since 1991, if you can believe that thats as Oil Continues to crash. Crude down about 20 today supply over flows and demand craters in our calmed economic world. As america looks to reopen the economy grads yually, purdue sas class will be in session this fall the University President Mitch Daniels said there is zero lethal risk or close to it for students he will join us shortly. Kelly, over do you thank you more than 140 S P Companies and 14 dow components are all reporting earnings this week lets get to bob with the latest it will be about quarter of the s p 500 reporting. We already got a kwooquarter reporting. Its confusing nobody has any idea what will happen in the Second Quarter in the Third Quarter a lot of people are dismissing the estimates. This story is the dispersion in the estimates a
Economy. More than two trillion more in programs today to support business and the bond market amid the covid19 out break. Fed chair powell saying the economy and the recovery can be robust this after another 6. 6 million americans file for jobless claims that brings the total over the past three weeks to nearly 17 million. Take a look at oil it was surging earlier today but pairing those gains now, its now negative on conflicting reports on whether or not opec has reached a deal thanks. We have all the big stories covered today. Crude being one of them. Its down 5 well have more in a moment. Bob on the markets and kayla tracking the moves in congress, which didnt happen today. Bob, we kick it off with you we are just off the highs the banks are lagging. Banks, retailers, just off the highs for the Dow Jones Industrial average bank, retailers and real estate doing well energy has been lagging a little bit. Were awaiting for details on opec and the deal or no deal we dont know yet. Ther
Good evening tonight, as we come to you live from the heart of historic havana where history has been made yet again. The u. S. And cuba and the first talks of this magnitude since the cold war. The first meeting, about 3 1 2 hours today. As were on the air, the highest ranking official to visit this country in more than 30 years, now here to restore diplomatic relations. Less than 24 hours ago, the president and the state of the union saying this Year Congress should begin the work of ending the embargo, and the cubans here were watching. Weve learned this was the first year here in cuba they could watch the speech in its entirety. President castros team telling me when they heard those words, it was like music to their ears. Tonight, were apparently not the only visitors. The russian spy ship that just arrived. Were asking tonight, coincidence or something more . And of course the american cars from the 1950s. How do they keep them running here . But we begin tonight, with new detail
Good evening tonight, as we come to you live from the heart of historic havana where history has been made yet again. The u. S. And cuba and the first talks of this magnitude since the cold war. The first meeting, about 3 1 2 hours today. As were on the air, the highest ranking official to visit this country in more than 30 years, now here to restore diplomatic relations. Less than 24 hours ago, the president and the state of the union saying this Year Congress should begin the work of ending the embargo, and the cubans here were watching. Weve learned this was the first year here in cuba they could watch the speech in its entirety. President castros team telling me when they heard those words, it was like music to their ears. Tonight, were apparently not the only visitors. The russian spy ship that just arrived. Were asking tonight, coincidence or something more . And of course the american cars from the 1950s. How do they keep them running here . But we begin tonight, with new detail