Mike Jeffery News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good afternoon, everybody. Welcome to power lunch. Nasdaq hit new highs yerlearlie today. The dow and s p 500 under pressure merck a big reason for the dows decline. Shares down about 6 shaving 20 points off the dow merck is down 13 in the past week the Number One Health care analyst will join us to take part in mercks woes. Whats working check out amazon, apple and facebook all three hitting new highs. Check out some other movers. Amd down downgrade there. The stock down 20 in a week in arising market. Lennar taking a hit on its deal to buy calatlantic soaring by contrast more than 20 , almost 22 ge just keep moving lower down 2 when you have two jets thats what happens investors getting a little nervous. Reports that the Corporate Tax rate changes would be phased in over time rather than implemented all at once. As soon as these headlines crossed the dow turned 60 to 70 points down right now. The corporate rate wouldnt get to 20 until 2022 under this proposal the report does caution

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