Lunch begins right now welcome to power lunch. Im Michelle Carusocabrera. The dow hitting record highs again, pushing closer to 25,000, just days after crossing 24,000. The s p 500, the russell small caps also hitting record highs but in the category of things that make you go hmm the nasdaq struggling again today because of a tech slump. Nvidia, micron, amd among the biggest declines check out what else is moving at this hour. General cable is soaring more than 30 the industrial wiring cable maker getting a 3 billion takeover from an italian rival facebook is down about 1 . One of the stocks pressuring the 100. The social media giant unveiling a messenger app for children more on this controversial move straight ahead on power. Michelle, thank you very much welcome, everybody im Tyler Matheson we begin this hour with that big market rally youve been watching all day today over 20 now of the s p 500 sit at 52week highs tracking the action at the nyse. There is some very interesting rot
The cost, protecting all Vulnerable Properties may be cost prohibitive and the city may be forced to consider a strategy of managed retreat, meaning in the simplest possible terms the ocean wins and people will have to move. Maybe we cant protect all of them, but we can protect some of them. If we lose ground, i mean yeah, well have to plan for maybe one lane of west cliff. Reporter its the just west cliff drive. This map shows neighborhoods east of the boardwalk at risk as well including sea bright and twin lakes. Its unlikely, however, homeowners give up without a fight. I think people who live here, who realize the beauty of this place are really going to do everything they can to rebuild, if possible. Reporter how much time does any of the threatened properties have . Impossible to say. The science is increasingly clear. There is a storm gathering in strength growing. Sea level rise and coastal erosion affects communities throughout the bay area including, of course, San Francisco.
This car going airborne and injuring fans. The man who walked away from the accident saying both drivers and fans are at risk. Weve got to figure out something. I think our speeds are too high. Miracle rescue. Take a look at this. A baby in a stroller rolls on to the tracks. The little girls grandfather races to save her, with a Freight Train bearing down on them. The miracle rescue with seconds to spare. And good morning, america. A whole lot going on this tuesday morning. Welcome back, robin. Great to be back. You know what i was doing sunday night. I was cheering my head off. I know exactly what you were doing. Yes. You and 25 other million americans. But the womens team, they are back here on u. S. Soil arriving in l. A. Last night. And the trophy had its own seat. A lot of people were saying it should be a bigger trophy, lets just face it. When they held it up, it should be so much it is the world cup, after all. The enjoyment it gave us. It should be as big as this desk. Youll br
Initial call for help was to report a stabbing inside the market. Now, Police Arrived to find a suspect outside and armed with a knife. Thats when were told Atlantic City police fired at the suspect. We are told right now possibly two people are dead and that no Police Officers were injured during this response. Witnesses, though just told me a few minutes ago it was a male employee who just returned from visiting family. He was on vacation in egypt, who worked here. He was the person who was stabbed to death and that ems crews worked to try to save his life. The mayor just arrived here at the scene a few moments ago. We have not had a chance to speak with him. We did speak to some customers who are shocked and saddened by this crime. An employee trying to make a living honestly. Reporter and now this. And now he was here today and early this morning, and now hes gone. Reporter because this is an officerinvolved shooting the investigation is solely being handled by Atlantic City Prosec
Something. I think our speeds are too high. Miracle rescue. Take a look at this. A baby in a stroller rolls on to the tracks. The little girls grandfather races to save her, with a Freight Train bearing down on them. Seconds to spare. And good morning, america. A whole lot going on this tuesday morning. Welcome back robin. Great to be back. You know what i was doing sunday night. I was cheering my head off. Yes. You and 25 other million americans. But the womens team they are back here on u. S. Soil arriving in l. A. Last night and the trophy had its own safe. A lot of people were it should be a bigger trophy lets face it. When they held it up it should be so much it is the world cup, after all. The enjoyment it gave us. It should be as big as this desk. Youll bring us something on that. Well talk about that later. You know what its never happened for a womens team to have a parade here. Ticker tape parade. I think that should change too. Hopefully thats about to change. Heroines. Brea