And on top of. So tyrrell here we are twenty eighteen twenty a team and were still arguing over immigration in the United States i mean most of our ancestors anybody whos ancestors came here you know at the at the dawn as a kind of american and was their native american or were forced to come here and ships and writing for free yeah if you like me in your immigration your family came here in the last hundred they were probably undocumented i dont think the mayflower peeps were like get married english passport stamped and how their view says ready to be and Plymouth Rock i mean this is just this is we have a statue give us your tired report this was the whole point of this country and then twenty eight thousand we are seriously arguing that just giving water to people who are trying to get the american dream. Is considered a crime and thats a crime for them and thats the thing thats ridiculous about this i mean you you know what this group report found by these two tucson based groups
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
Power lunch starts right now and welcome to power lunch, im Michelle Carusocabrera despite ges drag, although were watching to see if it goes positive, major averages are hitting record highs again dow, s p 500 on track for their sixth straight week of gains check out some of the movers the Home Builders are higher, the etf that tracks them, itb, trading at a more than tenyear high on pace for its eighth consecutive weekly gain. P mp p g down 8 . Paypal rallying on its earnings beat brian . Thank you very much big day for the markets, big day for the markets really they say everything is bigger in texas including todays power lunch because guess what, were back in houston and with the billion dollar buyer, himself, hanging out with his new toeam, the houston rockets. 2 billion buyer of the rockets. Going to join us for the next couple hours we have great guests we got the mayor on, might get a visit from cp iii and james harden, and the man many consider to be the best Hedge Fund Trade
Blockbuster contract. The fallout for fox and much more as power lunch starts right now. Happy monday. Stocks trying to build on what build the perfect week last week and its looking good. More record highs today. We pulled back just a bit. Earlier another record day and check out some of the movers. Investors arent playing around with hasboros week guidance. The biggest loser in the s p 500 right now but vans and vf corp going the other way. They raised their four year forecast. Also boosting their dividend by 10 . Im melissa lee we begin this hour with new comments from President Trump. Eamon javers is live with the latest. Reporter the president s with the Prime Minister of singapore today. Theyve had a number of events already. Some more on the schedule later on throughout the afternoon. Just within the past couple of minutes we saw the president sitting down there, you see the Prime Minister there in the oval office with the president. We also saw them signing a deal for Singapore
This may be where we can get cooperation with the russians. And the printers row lit fest continues. Up next, author david kalan talks about modern day philanthropy. Philanthropy. Good afternoon and welcome to the thinking tribune annual lit fest. Id like to. We have a grayhaired approval. I met him in downtown new york city literary regular parties and gatherings that use to invite people, fact brigades and phone brigades before the internet and knew him over the years and went on to work with him when running World Policy Institute and he was at the most National Think tank, we worked closely on a number of projects, so i had the pleasure to read his earlier books, the cheating culture, the moral center, he has written seven of them and i have always been impressed by david because he asks really hard questions. He comes up with an opinion but is very good about seeing both sides and trying to find where things come together and where we can come up with solutions. He is not an ideol