And welcome to power lunch. Stocks are cutting their earlier losses the dow was down triple digits, but the s p 500 having its worst day since may 17th tech, materials are leading the declines as you see by nearly three quart oers after percent me slay . Here is what else is happening at this hour Steve Scalise undergoing his third surgery after being shot yesterday. He remains in critical condition. The senate stepping up sanctions against iran and russia. The house needs to vote on it. More and more ceos speaking out, urging President Trump not to reverse u. S. Policy on cuba. The president is set to speak about it tomorrow. More on that story straight ahead. All right, thank you very much, melissa. Lets kick it off with your stock story of the day and that is the all mighty Amazon Company in the headlines again as a report surfaces that amazon might be willing to pay up to 9 billion bucks for the messaging app slack. Now along with much of tech lately, amazon is down today off about
Boeing or its 787 dreamliner or the investors. Shares down 5 keeping the dow under pressure from midday on. That was when news hit that an empty ethiopian 787 dream liner caught fire at londons health row airport. Its involving a new aircraft so critical to boeings future and seth caplin says investors need to Pay Attention to these kinds of events. From a perception perspective for boeing, these things are not helpful. Investors are going to be looking for some certainty here. They will be looking for, you know, is this just the latest thing . Is there Something Else Going Forward we dont know about . Not helpful to put it mildly and if the fire was not enough, in a accept brett incident a Thompson Airways 787 to florida was forceed to return to britains Manchester Airport after a technical problem on board. All aboard were safe. Officials havent said what caused the problems on either plane, but investors didnt wait for an explanation. After hitting a 52week high early today, boeing
Boeing or its 787 dreamliner or the investors. Shares down 5 keeping the dow under pressure from midday on. That was when news hit that an empty ethiopian 787 dream liner caught fire at londons health row airport. Its involving a new aircraft so critical to boeings future and seth caplin says investors need to Pay Attention to these kinds of events. From a perception perspective for boeing, these things are not helpful. Investors are going to be looking for some certainty here. They will be looking for, you know, is this just the latest thing . Is there Something Else Going Forward we dont know about . Not helpful to put it mildly and if the fire was not enough, in a accept brett incident a Thompson Airways 787 to florida was forceed to return to britains Manchester Airport after a technical problem on board. All aboard were safe. Officials havent said what caused the problems on either plane, but investors didnt wait for an explanation. After hitting a 52week high early today, boeing
Outweigh the reward . Well have that for nightly Business Report on friday, july 12th. This was not a good day for boeing or its 787 dreamliner or the investors. Shares down 5 keeping the dow under pressure from midday on. That was when news hit that an empty ethiopian 787 dream liner caught fire at londons health row airport. Its involving a new aircraft so critical to boeings future and seth caplin says investors need to Pay Attention to these kinds of events. From a perception perspective for boeing, these things are not helpful. Investors are going to be looking for some certainty here. They will be looking for, you know, is this just the latest thing . Is there Something Else Going Forward we dont know about . Not helpful to put it mildly and if the fire was not enough, in a accept brett incident a Thompson Airways 787 to florida was forceed to return to britains Manchester Airport after a technical problem on board. All aboard were safe. Officials havent said what caused the prob
Boomers are learning how to trade options as they near retirement but do the risks outweigh the reward . Well have that for nightly Business Report on friday, july 12th. This was not a good day for boeing or its 787 dreamliner or the investors. Shares down 5 keeping the dow under pressure from midday on. That was when news hit that an empty ethiopian 787 dream liner caught fire at londons health row airport. Its involving a new aircraft so critical to boeings future and seth caplin says investors need to Pay Attention to these kinds of events. From a perception perspective for boeing, these things are not helpful. Investors are going to be looking for some certainty here. They will be looking for, you know, is this just the latest thing . Is there Something Else Going Forward we dont know about . Not helpful to put it mildly and if the fire was not enough, in a accept brett incident a Thompson Airways 787 to florida was forceed to return to britains Manchester Airport after a technical