airline s ceos as power lunch starts right now welcome to power lunch. stocks are lower the dow off the lows of the day. at the low, it was down more than 200 points. the nasdaq just marginally positive utilities bucking the broader trend. the sector hitting an all time high one of the best performing sectors this year m second only to technology. kind of curious pairing. for more on what s move iing th markets here today, let s get over to bob at the new york stock exchange hi, bob. hello, courtney we re near the highs for the day, though still doup here s the key point right here, we had a statement, w.h.o., world health organization, not declaring a public international health emergency. that was good for about eight points for the s&p overall, if you look at the broad picture, still a good month. we re up about 2% and been the last few days over the sars, excuse me, the coronavirus concerns that have marked the markets to the downside, but a a lot of damage being d
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The rise in hospitalized children comes as Illinois set another record for total new COVID-19 cases Thursday, with more than 44,000 reported statewide. The state also saw 104 more viral deaths, the most in a day in nearly a year.
share. live to run us through, what everyone should expect. hi. hi, sue. you re right. 33 banks will be able to publish their research. the interesting thing is not all of them actually have an internet research analyst, as you note. is the six weeks after the controversial moves during the ipo road show when facebook, remember, in may, when it released its revised s 1 noting weakness in mobile a lot of banks revised their estimating downward and then shared that information with investors. then communicating those moves, that was the issue. it was meant to stay private until now. that did stir regulators. the big question now is with the stock rebounding off its post ipo lows, will analysts hold that negative line? based on performance of facebook shares today, it looks like they are getting a bit of so-called ratings rally, where a lot of stock moves on positive expectations for that research. we asked michael pacter from web-based research what would happen and he said h