hello, everyone, and good morning. welcome to cnn this morning. it is sunday, february 26. i m amara walker. good morning. i m boris sanchez. we are so grateful that you are spending your morning us with, starting your week with us. i am pumped to be alongside amara. how are you doing? same here. good to be with you. it s our friday. i am doing great. plenty to get to this morning. here is what we are watching. one thing that has been made clear to me is that everyone wants this contamination gone from the community. the epa stopping the removal of all contaminated material from that toxic train derailment in ohio as a battle now looms over how and where it should be moved. there is an outcry from neighboring states and the white house is responding, too. the war in ukraine is now in its second year and marked by fierce fighting in the east. our alex marquardt is there with troops from around the world who joined the front lines to fight russia s invasion. see
hello, everyone, thank you for joining me this sunday. i m fredricka whitfield. and we begin in east palestine, ohio, where backlash is growing over the toxic train deraiment and pressure is mounting to do more. the epa stopping the transfer of millions of gallons of contaminated waste to michigan and texas as the agency reviews disposal plans. federal teams are now on the ground in east palestine, checking in on residents, door-to-door, passing out flyers with information on getting health assessments and clean water. but for many in the town, that is simply not good enough. residents are worried about their health and their homes. many are questioning how this even happened after an initial ntsb report said that the derailment was 100% preventible. cnn s jasmine wright is in delaware this morning where the president is spending the weekend. so what more is the administration planning to do for the people of east palestine? reporter: yeah, fred, well that door-to-door effo
that shaky debate. the president above all is focused on what do we do next. and questions about how first lady jill biden could influence any decision. the first hurricane of the season has just developed. we are tracking its path. will it hit the u.s.? a horrific accident in new york. an suv plowing into a nail salon. four people now dead, including this nypd officer. nine others injured. the charges the driver s now facing. trump ally steve bannon one on one 36 hours before he reports to prison. staying in space. the major new delay for that starliner crew aboard the space station. why they may not come home for months now. more than 100 dolphins stranded on cape cod. we ll show the rescuers racing to save them. we have over 100 volunteers out here. the u.s. men s gymnastics roster now set as a series of injuries shakes up the women s team. who s now out? and the big bangs are back. why communities are ditching drone shows for fireworks this 4th of july
House. Power lunch starts right now welcome everybody to power lunch. When i buy, it is the peak when i sell it is the bottom. Thats my life story stocks, they are down this hour. The dow and s p 500 both on trek for a second straight down week, but the nasdaq is on pace to finish the week higher watch the bond market, folks yields on the twoyear treasury note hitting the beginning of the financial crisis a 1. 71 . Check out the etf that tracks energy we are on pace now for the first week in more than a year big moves in retail to tell you about. Abercrombie fitch up 25 on earnings ross is up 10 footlocker up 25 on its earnings more on that ahead the death of retail may be exaggerated. Were watching apple, the tech giant delaying a key launch of a crucial holiday product. More on this coming up melissa . Ty, im melissa lee twentyfirst century fox is reporting that verizon is also reported in acquiring them disney was interested in buying assets now it is at 30 and changeup by 3. 7 . Ve
Thats what i keep thinking on a day like today stocks trashed a week ago, started rebounding like crazy. Dow gaining, s p advancing and nasdaq 0. 54 makes you wonder about the markets rationality youre wondering, thinking is it even sane . For the most part nothing wrong with the stocks that. Reporter zbls. That were hammered in the selloff. But market is not crazy or irrational in reality traders tend to make wild overgenralizations, act fast mistake to assume they know what theyre doing. In short the market is often wrong but we credit the action with being brilliant how wrong with the market be egregious examples tonight rotation out of technology that didnt make a lot of sense sales force. Com. Stood at 92 roared to 102 in earnings when the company reported, results superb, really stupendous, scrutinized them line by line and had such faith it was that good what happened to the stock got completely bushwhacked fell under 100 in a couple of days as part of the rotation out of fastgr