The market while classic reopening plays like cruise lines, airlines, they are moving low. Net net we are flat as we stand on the s p 500 sara. Ahead on todays show, investing legend Jeremy Grantham, stunning rally we might be realizing emergence of a bubble. Plus well speak exclusively with Marilyn Booker, former head of Morgan Stanley suing the firm for race and gender discrimination lets focus on the stories were watching mike santoli with a look at broad market action. Steve liesman highlights from fed chair jay powell and covering coronavirus resurgence in beijing mike,ic can us off with a look at the session flat on the average butthat doesnt tell the story. The average holding the gains in the last three days, wavering around the flat line a lot but mostly due to the trillion dollar trio, amazon, apple, microsoft all outperforming. This is an oldfashioned early february day where the big megacap Growth Stocks holding index together as average stock slips a little bit this is the
Metrojet. Good evening. At this hour, no indication of what brought the plane down. But russia denies the claims by isis. Pam what is not in dispute is the human tragedy. 25 children among the victims. So far there s no evidence that isis brought down the russian metrojet plane. The crash saturday morning killed 224 people flying from egypt to st. Petersburg, russia egyptian Officials Say the pilot reported technical difficulties and wanted to make an Emergency Landing. The metrojet crashed in an area where Egyptian Forces have been battling an islamic insurgency. Russia s transport minister scoffed at the isis claim, calling it unreliable. The airbus had a routine check before flight, showing everything was ok to proceed, weather apparently not a factor. Meantime families of those on board first waited at the st. Then later assembled a memorial after learning that all aboard perished. The initial reports represent the tremendous tragedy loss and we extend our sympathies to the familie