Cheese burger in paradise heaven on earth ho hum another month, another new high for your money. The slow meltup marching on. The nasdaq looking at that hitting a new high. The oil and Energy Stocks all the Big Eight Oil names, exxons, chef rons are higher. On the other side of the trade, yeah some of the real estate stocks are lagging, but overrule a good day. What individual names are making investors money today . The casino stocks. Look at that. Las vegas sands are up big on some big numbers from chinas ma cow. Bikky . Good afternoon im becky quick. Here is what else is happening at this hour. A government watchdog said that medicaid was overcharged for epipen from 2006 to 2016. That is far more than the amount mylan agreed to pay the settle overcharging allegations. Construction spending posting its biggest drop in a year in april. A sharp upward division pointing to underlying string. Illinois Credit Rating getting closer to junk. Its debt downgraded after lawmakers failed to app
S thended at the tycoon hit financial house. Anna a warm welcome everybody to our flagship show here. Donald trump has finished speaking in arizona. Much more about his threats on nafta, his threats about a Government Shutdown in a moment. Re is one market which is not even quietly roaring away. Nothing quiet. Digging Industrial Metals out of the ground or the industry. This is the Industry Metals index. A limited, copper, nickel of 30 aluminum, copper, nickel up 30 . If you are along the subplot here which is energy and the commodities, relative to the base. Addicted to base. This is about the global recovery. Aluminum is capping the longest weekly rally in three years. This is the one to be in. Anna Interesting Research talking about the skyhigh steel prices. The divergence we are seeing between these base metals and presaged metals precious metals. Donald trump has been talking in arizona. Lets show you what that is done to u. S. Features. It has come off the high from earlier durin
Between President Donald Trump and the president of mexico. We are waiting to hear how that conversation went. Amazingly despite questions about what will happen with the trade agreements and whether or not there will be a border tax the markets are pretty quiet digesting the news and staying close to record highs. We are noticing mexican stocks. Actually doing fairly well. Would you say that it is a positive sign that at least the two sides are speaking behind the scenes . I think that absolutely is a good sign. We are going to have peter navaro. He said the vix isnt looking like anybody is worried. The markets are signaling that perhaps they are less worried about the talk. As you pointed out before and we certainly thought about often over the past year the lesson has been when things happen our Immediate Reaction is bad things are going to happen or whatever. It turns out that the market sometimes has gone against what the, quote, smart money would say and here may be yet another e
Welcome to power lunch. Im melissa lee. Stocks right now are mixed actually all in the red right now. Amazon, though, hitting a new alltime high in todays session. Same for tesla, that stock trading above 300 a share for the first time ever. And take a look at gold hitting its highest level since february 27th. Tyler . Melissa, thanks very much. Im tyler mathisen. Glad you could join us on a rainy tuesday in new york. Here is what else is happening this hour. The u. S. Trade deficit falling in february as exports climbed to a twoyear high. Cleanup efforts under way from texas to the taerls after another stripping of severe storms ripped across the south. Five stormlegalitied deaths reported. And tony romo apparently hanging up his helmet and cleats for a microphone. Espn reports the cowboys quarterback will end his 14year nfl career and go into broadcasting. Michelle . Welcome to the business. Thanks, tyler. Im michelle carusocabrera. We have a lot to do today. We begin with a big head
Power lunch begins right now. Im melissa lee. Donald trump expected to meet with former cia director general David Petraeus later today and expected to meet with mitt romney and senator bob corker tomorrow. The Supreme Court refusing to hear alan stanfords appeal to overturn his 110year prison sentence and the wall street rally is on pause. All three major averages in the red off record highs set on monday. More on the market in just one second. First, we have breaking news. Lets get to sue herrera for the latest. News conference ongoing right now at Ohio State University following an incident that occurred earlier this morning when the campus basically put in place a shelter in place order. Youre taking a look at the live shot by our nbc affiliate. Thats one of the doctors talking about the people who have been injured. This mornings attack initially was thought to be an active shooter. Thats what was tweeted out. However, as new developments come in, apparently it was a planned attac