Pentagon officials at the white house after slapping sanctions on Irans Central Bank, calling them the highest ever i am imposed on country. Well bring all the headlines from the white house. Flood from texas. A Tropical Storm overwhelming the area. They fear it may become worse than Hurricane Harvey in some spots. Were live on the ground as residents are trying to pick up the pieces. Tim cook greeting apple fans at the store here in new york. Were looking at reopened flagship store. Were live on the scene later in the hour. Melissa fox Business Team coverage keeping track of todays coverage. Blake burman live at white house. Gerri willis on the floor at the new york stock exchange. Phil flynn is watching oil and bold gold from the cme in chicago and Edward Lawrence from the newsroom. Reporter it was deputy level chinese negotiators, canceling or not going a trip to u. S. Farms got the market turning down. One thing to keep in mind all of this, this is deputy level negotiators below th
Well show it right here. Connell oh, boy. Melissa it is rough. Instead go to Kristina Partsinevelos on floor of the new york stock exchange. Kristina . I like that. Forget that. Talk about the whoohoo you mentioned. You saw a little bit of a rally towards later half of the day. We were sitting around 250 points. It is a friday. People wearing ties. People are rushing out. What are some of the catalysts. Improved sentiment about u. S. China trade progress. We can say that. Germany stimulus if needed. Same situation with china. A stimulus. Talk about the dow winners on the screen. Winners for apple, a lot has to do with china u. S. Trade sentiment. Given supply chain. Goldman sachs doing higher because 10year yields climbed higher. Banks benefit from that. They got hammered yesterday. 3m often goes up and down with any trade comment. We talked about the yield, bring up the 10yearyearold at the moment. It flipped over, people not buying as much bonds, putting it back into the market, henc
Welcome to power lunch. Im michelle carusocabrera. Melissa said strong rally to end the week, the dow, s p 500, nasdaq, russell 2000, dow transports all hitting record intraday highs look at the Dow Jones Industrial average, dow 25,000 is so last week were 250 points away from dow 26,000 second straight week of gains, check out soft om movers within the averages amd downer today taking a hit. The company says its chips are susceptible to the specter security flaw. Its off 1. 5 . That flaw lets hackers steel sensitive information. Gamestop tanking about 10 retailer posting strong holiday sales, however, they took a big charge on iphone x related problems first ipo of the year, first energy ipo of the year Liberty Oil Field Services Soaring about 30 on its debut today. The ceos going to join us in just a few minutes tyler. Michelle, thank you very much welcome everybody. Im Tyler Mathisen lets tell you what else is happening at this hour the National Retail federation says holiday sales
Shutdown. Republicans are still struggling for support at this hour, putting the blame on democrats, reminding voters despite controlling executive and both houses of Congress Republicans still need a dozen Senate Democrats to vote with them on a budget. Despite the president sitting down with senator minority leader Chuck Schumer at the white house this afternoon to discuss a possible deal, omb director Mick Mulvaney already putting a senate loss on the democrats, referring to upcoming schumer shutdown. Were following all of the twists and turns. Lets to to capitol hill where adam shapiro is standing by with the very latest details. Adam, where do things stand right now . Reporter right now there is no agreement. Chuck schumer did meet with the president. Nothing came out of the meeting that would lead anyone on capitol hill to believe the senate will avert the shutdown. When you talk to the people on the house side, different rumors another kind of cr, a shorter cr, the response from
Shifted the fit bit up a little, noticed a burn. Briseno says she has worn the fit bit night and day since her husband bought the tracker back in december and has never had issues. Sot denielle briseno, claims fitbit burned wrist it came as a shock ive had no problems with it. I sleep with it. The only thing i do not do is shower with it. Its given me no problems whatsoever. Her husband immediately contacted fitbits Online Support service about the alleged burn. He says a representative called him seemingly shocked by the news and offered a refund for the fit bit. The fit bit. Sot phillip briseno, husband they just were very surprised they said and they wanted to get the fit bit back to do testing on it. They again were just surprised saying it wasnt something normal or that it was rare. The brisenos say they just want the company to recall the product until they can pinpoint what may have caused the skin irritation calling it a Public Safety concern. We reached out to fitbit for comme