Despite posting a beat on the top and bottom line. Tesla is on pace for a sixth straight day of losses, now issuing some recalls for the cybertruck over faulty accelerator pedals lets begin with Market Reaction to israels retaliatory strike on iran, jim. So far, not a lot of signals that this is going to cause a conflagration. No. I talked last night about what we need on mad money, a crescendo of selling at 10 15, we thought we had that last night the fact that we now have decided that it wasnt important not we decided that it is less relevant, so weve come back up is, again, something i dont want to see. We have to have people decide that negatives are negatives, not that an avoidance of a negative is a positive so, i want to hear more from Richard Engel about israel, but the fact is that we were down so much, and then we come in, and then were up . What are we up for why are we up . How about flat how about down a little . We dont get that. So, it makes me suspicious of this opening
Play allegations. Lets go to the president , at white house a few moments ago, departing to camp david. Im going with the senators. Were going to camp david. We have a lot of things to work on, a lot of things to accomplish. The stock market is up very, very big today. We set new records much i think they continue to set. The tax cuts are really kicking in far beyond what anyone thought. Numerous companies today come out and announced they will make big payments to their employees, something that nobody really had in mind. So were very honored by it. But the market is good. Jobs reports will get good over next couple months. Were going to camp david with a lot of great republican senators and were making America Great again. Thankthank you, thank you very. Should steve bannon be fired . Cheryl President Trump moments ago boarding marine one. He will meet with key leadership, paul ryan, Mitch Mcconnell. Particularly what the agenda will be for the republicans in midterms of 2018. I want
Welcome to power lunch. Im michelle carusocabrera. Melissa said strong rally to end the week, the dow, s p 500, nasdaq, russell 2000, dow transports all hitting record intraday highs look at the Dow Jones Industrial average, dow 25,000 is so last week were 250 points away from dow 26,000 second straight week of gains, check out soft om movers within the averages amd downer today taking a hit. The company says its chips are susceptible to the specter security flaw. Its off 1. 5 . That flaw lets hackers steel sensitive information. Gamestop tanking about 10 retailer posting strong holiday sales, however, they took a big charge on iphone x related problems first ipo of the year, first energy ipo of the year Liberty Oil Field Services Soaring about 30 on its debut today. The ceos going to join us in just a few minutes tyler. Michelle, thank you very much welcome everybody. Im Tyler Mathisen lets tell you what else is happening at this hour the National Retail federation says holiday sales
By the way, look at this shirt what is this velvet. Feel it. I believe it is crushed cordoroy. Beautiful eagles green. Thank you very much. There will be a reveal later of the shirt underneath. You have had lots of wardrobe changes. Nicely done. Im not done yet. He keeps getting new things 520 stores i have been to every sickle one of them. Show us what you will be wearing today and especially sunday watching the game. I put on my eagles shirt, fly eagles fly, long sleeves too, which is good out here. Send us your pride use that fox 29 eagles. It is a little different so use to see it and put it on tv. Fox 29 eagles. I had discussion outside a mall with the woman who lived here her whole life and discussion of, ground hog day. Right. I said im from pennsylvania. She goes no, we have a different, here in minnesota she said if the sunnies out, that is a good thing. I said no, if the sunnies out with the groundhog and gobbler s knob if he sees his shadow six weeks back in the hole. Last y
Subjugation of others on the basis of race. Unfortunately, that same Confederate Flag flew on the grounds of the State Capitol amidst the funeral of a state senator and dedicated pastor who taught that we are all god ose children as the historic emanuel a. M. E. Church. We have come a long way in america but we still have a long way to go in our march toward a more perfect union. Racial hatred continues to adversely impact our society and people of good will must unite to eradicate it. Limiting the use of federal funds for purchase or display of the Confederate Flag is an important step in that direction. Earlier today lawmakers in South Carolina from both sides of the aisle came together to support removing the confederate battle flag from their State Capitol grounds. This evening, the United States house of representatives has the opportunity to further limit the public display of this divisive symbol that is so closely associated with defense of the institution of slavery. I thank t