On the consumer. We will dig into the fallout there as power lunch starts right now. Tyler, thanks. Welcome to power lunch, everyone stocks are selling off hard for the second day in a row. We are near session lows right now with the dow down about 600 points thats a 2. 4 drop for the dow for the s p the nasdaq down 2 today but if you add up yesterday and today, all three of these averages are down about 5 in just those two sessions. Take a look at some of the moves weighing on the dow. You have boeing, United Health, visa down 4 we were just discussing United Health a lot of different challenges there. Lets go to the New York Stock Exchange with a run down on todays selloff. Hi, bob. Kelly, an old saying on bleet if you cant trade on the fundamentals, trade on the technicals s p 500 the last two days this was yesterdays low, midmorning, another drop volume picked up, trading on technicals this happened a little while ago and the cdc announcementadded to new lows for the day. New lows
Will scenes as fighting in israel reaches its 8th day as Tens Of Thousands prepare for a full scale invasion of gaza were learning that Secretary Of State Antony Blinken Will Return To Israel for further talks following a visit to other leaders in the middle east. Rachel idf issuing statement saying forces are preparing to implement a wide range of operational offensive plans. Which can include combined and coordinated strikes from the air, land and sea. Pete at least 1300 israelis and 29 u. S. Citizens have been killed in the fighting so far. Will New York Times reports delayed initial plans as Weather Conditions in the area can worsen. Rachel a second u. S. Carrier on the way to the Mediterranean Cannel and what lloyd austin calls a show of force as the u. S. Continues to affirm its support for israel. Pete despite that iran is now warning israel to stop fighting immediately saying any further action they take will cause a huge earthquake for israel if the operation in gaza continue.
Joining us from the United States and all around the world. A monumental week for u. S. President joe biden, as he is set to meet with World Leaders at the United Nations. And deal with challenges back in washington. Negotiators from the United Autoworkers and automakers are set to meet, as a first strike to hit all of the three drags on. And why some socalled hijacked buildings are fighting back. Well have a live report for you from johannesburg. U. S. President joe biden is in new york, where he will be meeting with World Leaders at this weeks United Nations General Assembly. Mr. Biden alived sunday night and is expected to attend two campaigns. This week, the u. S. President also plans to meet with president zelensky, who will be attending the General Assembly and pushing for more support for ukraine. In washington, mr. Biden is facing a number of challenges. Including the about of a Government Shutdown later this month and Impeachment Inquiry launched by House Republicans. We go to
You are live in the cnn newsroom. Im jim acosta in washington. Good evening. We begin the hour with a big week ahead for President Biden. He is about to leave for new york to meet with leaders at the United Nations General Assembly this week. He will also sit down with ukrainian president zelenskyy as ukraine seeks more support from its allies in the midst of a challenging counteroffensive against russia. However, bidens focus on the International Stage comes as hes facing a looming Government Shutdown, potentially an Impeachment Inquiry from house repub republicans. Cnns Arlette Saenz is with us. What more do we know about this meeting with president zelenskyy and other World Leaders this week . This is a big week not just for the president of the United States but for the president of ukraine. Reporter yeah, it certainly is. Really any moment now, President Biden will be departing the white house as he is heading to new york for those meetings around the u. N. General assembly. An op
Product that they are coming to pick 2nd of all, photos out fine. Last little talks with the me on my Foreign Ministers thing, but 2 countries will deepen ties in many areas, including assets, to counts of west and influence in the Asia Pacific Region. Also ahead upon please an Important Role in salt activity to supply as whole remains a significant part of the countries. And if you make it is expected to meet to go into montoya to see the country and reduce the risk of how events its hazel black counts in the region. The south african poll expired power station to steal. We start full unix to help increase the available and if the a very well welcome its 3 pm who were in most go when youre watching all the international, his grades to have you with us. Now maybe an official say the number of victims from the devastating floods inc that had the country on monday has to post 8000 officials and the city of doing it wont be desktop could wise to 20000. The area was one of the worst heads