Making the case for why conventional television isnt going away, not so fast, and why cord cutting isnt such a big deal keep that dial tuned here because power lunch is beginning now. Any gains by the major three averages would give them record closing highs, energy is the best performing sector today thanks to oil, crude, in fact, topping 50 bucks for the First Time Since august 10 Tenet Health Care shares soaring. Reporting the company is exploring a possible sale. Michelle got it melissa, thank you. Heres what else is happening. The federal trade commission is opening an investigation into the massive breach at equifax. The companys ceo is set to testify on october 3 before the house energy and Commerce Committee and the chairman of that panel will join us in the next hour on power lunch. Equifax stock sitting at twoyear lows. Facebook is launching a new Crisis Response center to help users during disasters and attacks. And bitcoin is tanking 10 after a big Chinese Exchange said its
Welcome to power lunch. Im michelle carusocabrera. The major averages are lower kicking off the busiest week for earnings but the s p tracking for its best monthly gain since february the nasdaq was on track right here, yes. Best month since january oil pushing higher, crude prices up more than 1 . We keep show l well get to that. Financials carving out small gains, utilities and health care lagging, j j, home depot, the biggest losers in the dow right now. Some of the big movers pandora higher on news of state pajama makers, maybe not blue apron, we finally get it, soaring on positive comments but hasbro is tanking. A deeper dive on these stocks straight ahead here on power lunch. Thank you, michelle. Im tyler madison. Waiting for Jared Kushner to make a statement at the white house after his session with the Senate Intelligence Committee Earlier today. We are also waiting for the democrats to unveil what they are calling their better deal for the economy and for americans at an event
The soft edges of panda diplomacy at work in DC wtop.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtop.com Daily Mail and Mail on Sunday newspapers.
Mario Mancuso, a former Pentagon official and senior fellow at the Hudson Institute, joined WTOP’s Ralph Fox to talk about what happens next as the U.S. and Britain launched strikes against dozens of Houthi targets.