Lunch. Im michelle carusocabrera. Checking the markets, s p 500 and the nasdaq higher, not by a whole lot. Shares getting high since late last year. Lower by nearly 5 on the back of earnings. Its not all bad news, however. Shares are surging. Chipotle over a oneyear high. Lets get back to the big market story that as brian moated check out the s p 500 over the last two months, flat, after a very hot start to the year. So what is taking the air out of this market . Bob pisani is going inside the numbers from the floor of the new york stock exchange. Bob, what happened . Reporter good to see you as always. Theres a dangerous uncertainty for stocks. Fiscal reforms are being pushed out. The hohn y moons over on tax cuts and less regulation and infrastructure spending. The president said he was working on tax cuts yesterday. The market ignored him. Weaker data to the Consumer Price index to the Producer Price index, Economic Data has been weaker. The odds for a fed rate hike 44 . Close to 6
Joining me right now on the phone from San Francisco is former u. S. Ambassador to sweden. So, miss ambassador, what did you think when you first heard this reference by the president . I also am not sure what the president was talking about as a private citizen. Im going to let the white house respond to the request by the swedish government for clarification. But what i would say as someone who represented the United States and was honored to do so in sweden is going back to the importance of immigration and diversity as the engine of creative thinking and innovation. My own personal story as an iranian immigrant to the United States is testimony to the power of diversity. Both sweden and the United States are very diverse countries. And not surprisingly rank at the top level of innovation in terms of economic innovation and solutions for social problems around the world. Well then you must have been insulted to hear a reference that the president was making that an influx of emigres
Life for the whole world to see. Im just angry. No, i dont want that man to die, i want him to be brought to justice. A very lengthy and emotional interview from that family coming up a little later on in this program. Stay tuned for that. I want to turn to cnn correspondent bren. Shes live in cleveland, ohio. Police have been searching for the suspect since the murder. What happened . What did he allegedly do . Reporter don, he said he was going to kill someone, he posted this video on facebook, and then in that horrific video that was taken down from facebook, but people saw it because of the posting, he said that he wanted to kill someone. He stepped out of the car and he pointed a gun at the victim, 74yearold robert godwin. And now he said, according to his mother who talked to cnn earlier today, he told her that it was because he was angry with his girlfriend. Also in that video that he posted online, he told the victim to say that womans name before he shot him. Now, authorities,
I order a targeted military strike on the air field in syria from where the chemical attack was launched. Reporter to what extent does a single strike against a single target define President Trumps approach to what u. S. Intelligence agencies call the most diverse array of National Security threats to the u. S. In decades, from syria to, russia, to north korea, china and isis . The world is a mess. I inherited a mess. Whether its the middle east, whether its north korea, whether its so many other things. Reporter so what is in effect the trump doctrine . We do what we can to make sure that our interests economically and National Security are at the forefront. Were not just going to become the worlds policeman running around the world. Reporter military action against one side of a war the u. S. Has studiously avoided would seem to represent a shift from an America First strategy. Despite trumps many assurances to the contrary. Im not and i dont want to be the president of the world. I
But weve got the get tdigital tools to help. Now with xfinitys my account, you can figure things out easily, so you wont even have to call us. Change your wifi password to something you can actually remember, instantly. Add that premium channel, and watch the show everyones talking about, tonight. And the bill you need to pay . Do it in seconds. Because we should fit into your life, not the other way around. Go to xfinity. Com myaccount well, tonights breaking news theres new details how far russia went not just to flood with misinformation but also how to hack. The alleged leaker is facing charges. The intercept website broke the story. Jim sciutto joins us now. So the substance of the document, lets talk about that. So this is something we knew some hints about before the election, that russia had had probing attacks or at least attacks traced back to russia, voting registration systems, florida, illinois, a contractor hacked tied to the voting system. But the Intel Community never f