Welcome to power lunch, everybody, and it is a far, far, far cry from where we were 30 years ago on this day. The dow is pulling back today after smashing through 23,000 with a big gain yesterday. But remember 20 years ago, down 23 . Today down about 23 points, Something Like that. Apple and Goldman Sachs leading the dow a little bit lower more on those stocks coming up adobe shares today soaring after reporting strong earnings. Better than expected guidance. Analysts also liking liking the companys Artificial Intelligence platform. Thank you as tiler said, the markets lower across the board but not close to what we saw 30 years ago today when the Dow Jones Industrial average fell. A look back on black monday. And i guess, bob, to put it in context, a 508point drop, which today seems like not much. The equivalent drop today would be 5,200 points. Simply staggering. Thats right. The dow dropped 508 points, brian, 22. 6 , the biggest oneday decline in the history of the stock market. On
Injuryfree season and now this. Big game tonight. Warriors could clinch the series with the victory tonight. The game against the rockets starts at 7 30. In the worse lose game six they will be become on houston on it from. Hopefully that is not these. Game 7, in that happens is become at home at oracle arena on sunday. Time for those games are to be announced. 100 protesters shut down a Community Meeting in San Francisco last night. Here are their demands. They want San Francisco police chief greg suhr fired and are holding a Hunger Strike until it happens. Demonstrators took the message to a Community Meeting and ended up shutting it down. The commanders declined to move the forum outside so more could participate. They are angry over deadly shootings of suspect by the San Francisco police department. The department is under treasure for another testy scandal, a federal officer is accused of sending racist and homophobic text. It is indefinite. As long as my body allows. Have any pla
Obama will speak from the oval office. This is a very significant occasion and location. He has only spoken from the oval office twice in his entire presidency, to announce the end of u. S. Combat operations in iraq, and then following the oil spill in the gulf of mexico. Lets now turn to washington and go to cnns chris frates. He is at the white house now. Chris, what can we expect from president tonight, and whats the explanation as to why tonight and why from the oval office . And what might the message be . Reporter hey, fred. I think what the president is going to try to do is reassure a nation thats on edge probably the most its been on edge since 9 11. Were really looking for the president to do three things tonight. The first thing he wants to, do he wants to provide an update on the fbi investigation into the horrific shootings in california this week. We know that the fbi is looking at this as an about of terrorism, so well be looking to see whether or not the president calls
where the officers were being treated and now, according to sources, are now confirmed dead. you had mentioned, again, we have don t have a lot of information that s early. mentioned eric adams going to the scene. is he a mayor who was elected in part on cleaning up the crime that has happened in new york city. similar to across the country. yeah. this is time to show his experience as an officer, not just as a leader of the city but as someone who understands what now this department is going through. when you lose an officer, let alone two, the entire department hurts, and we have seen officers all across the country feel like they are not getting supported by political leadership or by the citizens that they are representing. so, now is the time to show that kind of compassion to people who lost their partners in all of this. this hurt. pete: you better believe it hurts. and it s infuriating. it s absolutely infuriating when
confirmed dead. we re monitoring the latest and here to react is jason rantz. jason, you are getting this news coming in just like we are in realtime. dispute law enforcement shows up, will to be something that looked like something like an ambush to have been killed what s being reported. your reaction, jason. yeah, to your point you never want to hear this kind of breaking news. we see an increase in violent crime all across the country. we have seen an increase in crimes committed against cops. last year saw historic numbers of officers being killed on duty anding being targeted on duty. just based on the preliminary information that we have. it does seem like this might be a case of these two officers being ambushed. we don t know that yet,