Hey, you, yeah, you, right there, put the phone down. Power lunch starts right now the dow lower, you can see it off about 1. 60 ge falling again the transports as a group seeing some selling too that group don as well is this a sign of concern goingforward . Viva mexico, the dollar dropping against the peso the biggest stock, now up 18 since that election. Two big consumer stocks on the move state side, chipotle, dropping to its lowest level in five years, and underarmor down again, the c class, that stock trading at its lowest levels since being spun out heres what else is happening at this hour new home sales jumping to their highest level. Soaring almost 19 from a year ago. Durable good orders also rising 2 last month. That was well above expectations, Royal Caribbean says its cruise ships are returning to two ports tyler . Thanks very much. Tyler math isen here, for our net net summit new Way Companies are leveraging rapid change, using technology to fuel growth joining me today,
Despite okay earnings and positive reports on the economy. The Dow Jones Industrial average dropped 112 points to 23,329. The nasdaq was off 34. And the s p 500 fell 12. Bob pisani has more on what drove todays decl reporter a momentum selloff on wall street today. U. S. Stocks suffered their worst trading day in two months. The market is very concerned about a sudden spike in Interest Rates and it has a couple of reasons to be concerned. First, durable goods was much more than expected, a good thing for the economy but it raised questions about inflation. John taylor may be the frontrunner for the fed chair, spooking investors since taylor is known to want to raise rates faster than the fed is doing so far. That caused some investors to take money off the table, particularly in stocks that had strong gains this year like semiconductors. Even stocks like boeing sold off after monster profits, up 60 . Then uncertainty on tax reform. The market has priced in good news but its not clear i
As the inquests into the deaths of 30 british tourists prepare to open, we ask whether people could have been saved. This stretch of the beach at sousse in tunisia is now abandoned. It used to be packed with british tourists. Onjune 26, 2015, around 11. 30am, a Man Dressed In Black walked up the beach. He was carrying an assault rifle. Everything seemed to go in slow moti slow motioni and as i looked across, there was a man standing there with a gun. His eyes made contact with mine. The gunman opened fire on Holidaymakers Sun Bathing in front of the Imperial Hotel. It was captured on a mobile phone. Gunfire the gunfire was just so loud and rapid. It was all around us, the explosions. It was as if you were in the middle of a war zone. All i kept hearing was people screaming and shouting. It was like mass panic. Inside the hotel, the gunman hunted people down in the corridors. She said, i cant run no. I said, if you dont run, im not going to see you again. Some holidaymakers took refuge
In tunisia is now abandoned. It used to be packed with british tourists. Onjune 26, 2015, around 11 30am, a Man Dressed In Black walked up the beach. He was carrying an assault rifle. Everything seemed to go in slow motion and as i looked across, there was a man standing there with a gun. His eyes made contact with mine. The gunman opened fire on Holidaymakers Sun Bathing in front of the Imperial Hotel. It was captured on a mobile phone. Gunfire. The gunfire was just so loud and rapid. It was all around us, the explosions. It was as if you were in the middle of a war zone. All i kept hearing was people screaming and shouting. It was like mass panic. Inside the hotel, the gunman hunted people down in the corridors. She said, i cant run no more. I said, if you dont run, im not going to see you again. Some holidaymakers took refuge in nearby hotels. Others were taken in by local shop keepers. Meanwhile, inside the imperial, people barricaded themselves in their rooms. I was on my knees. I
In tunisia is now abandoned. It used to be packed with british tourists. Onjune 26, 2015, around 11. 30am, a Man Dressed In Black walked up the beach. He was carrying an assault rifle. Everything seemed to go in slow motion and as i looked across, there was a man standing there with a gun. His eyes made contact with mine. The gunman opened fire on Holidaymakers Sun Bathing in front of the Imperial Hotel. It was captured on a mobile phone. Gunfire the gunfire was just so loud and rapid. It was all around us, the explosions. It was as if you were in the middle of a war zone. All i kept hearing was people screaming and shouting. It was like mass panic. Inside the hotel, the gunman hunted people down in the corridors. She said, i cant run no. I said, if you dont run, im not going to see you again. Some holidaymakers took refuge in nearby hotels. Others were taken in by local shop keepers. Meanwhile, inside the imperial, people barricaded themselves in their rooms. I was on my knees. I just