Again. Im Brian Sullivan power lunch tees off right now. And welcome to power lunch. Im melissa lee. The major average giving up gains. Dow and s p, russell 2,000 small caps did soar to record highs but now looking at losses across the board. The dow managing to hold on to ever so small gains. Commodities are crushing it and oil at threeyear high and copper and gold soar the dollar at a low. Saying a weaker dollar is good for u. S. Trade transports getting slammed led by united. The airline down 11 on pace for the worst day in four months on fears about a price war. Got much more on this coming up. Michelle. Thank you. Im Michelle Caruso cabrero live in switzerland where the trump tax cut and the surging and Global Economy are front and center well talk taxes, trade and whether davos is ready for President Trump to arrive on friday and michelle, on this multicon innocent, over the next couple of hours you will meet four managers who are the sole of consistency. That is why they have be
I would. The system is on its way from noon to 6 00 tonight. The cloud cover will keep us on the cool side. Theres a lot going on the next two days. Impressive rain totals north of the golden gate. Maybe even on the peninsula. One forecast is predicting two thirds to three quarters of an inch. It looks promising. Upper 40s for some to the north. 7 01. Sal tells us the wednesday morning commute is it is moderate. Okay. Better than yesterday. Okay. But you said that the afternoon commute, the evening commute will be affected by rain. You may want to factor that into your plans if you dont want to be driving home in the rain. You might want to think about using transit. 80 westbound right now, carquinez bridge to the maze, 34 minutes, which is about typical. Yesterday it was much more than that because of some issues. Today it looks better. When you get to the toll plaza, it is backed up all the way to the maze. Once you make it on to the bring, it looks good. This is a look at interstate
Closed at a record today after a rocky day of trading. It moved in a wide range. It rose more than 180 points on the open this morning. Downs that down about 100 points mid afternoon. Early optimism fade after a top apple analyst questioned their future. Shares of apple fell. The rest of the tech sector followed. And it capped gains for the market as well. When all was said and down the dow rose to 26252. The nasdaq was down by 45. And the s p lost one point. General electric didnt help matters. It was the worst performing stock on the dow index falling 2. 5 after disappointing quarterly results. And they had another surprise for shareholders. Call it another kitchen sink quarter. General electric missed expectations and announced an s. E. C. Investigation into their 15 billion insurance charge. They are saying the investigation is early and not unexpected given the magnitude of that charge. Still it spooked wall street. Even analysts with buy ratings on the stock found little to be op
Investigating collusion between the russians and the trump campaign, but it seems to be circling the president ial noose around obstruction of justice. The mueller camp wants to give the president just enough rope to hang himself. The other train is full of republicans railroading the damaged fbi. You have the memo which reports that the investigators lied to a federal judge to get a fisa warrant. There may be enough in those papers to derail the fbi and any other agency that spies on americans in the dark. And the string pullers may have affected the outcome of the hillary are investigation and those are only the texts we know about that allude to a secret society. And the truth there was nothing to the russia investigation in the first place. Whats most of problematic for the bureau is the unknown pinless grenades in the unreleased memo and Robert Mueller cant be as canned for cleaning up the agency he used to run. At some point these trains will crash and it will be loud and messy.
Sphe was tasked with investigating collusion between the russians and the trump campaign, but it seems to be circling the president ial noose around obstruction of justice. The mueller camp wants to give the president just enough rope to hang himself. The other train is full of republicans railroading the damaged fbi. You have the memo which reports that the investigators lied to a federal judge to get a fisa warrant. There may be enough in those papers to derail the fbi and any other agency that spies on americans in the dark. And the string pullers may have affected the outcome of the hillary are investigation and those are only the texts we know about that allude to a secret society. And the truth there was nothing to the russia investigation in the first place. Whats most of problematic for the bureau is the unknown pinless grenades in the unreleased memo and Robert Mueller cant be as canned for cleaning up the agency he used to run. At some point these trains will crash and it wil