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at the impact of rising prices on retail hit hard today, housing and energy how you can protect your portfolio and the stocks to own in an inflationary environment like the one we re in right now. first, over to kelly and a check on the markets. thank you, tyler. hi, everybody. we are right near session lows the dow was briefly down below 1100 points and just off that level. the dow s gains in the past three sessions are now gone. it s 31,580. the s&p is below 4,000 in trading today. the nasdaq is down four almost 4.5% below 11,500 let s get right down to bob pisani who has more on what s driving these losses today, bob? it s essentially straight down for the s&p 500 slow, but steady descent straight down. i think what s most surprising to everyone is the reaction of the defensive names. consumer staples considered defensive stocks and everybody has to buy consumer staples, right? they ll be fine. walmart is considered a consumer staple and shocking some people to ....
food prices too have gone up. nothing s being done about it. it s going to kill the people, these diesel prices. they have no i have no choice but to fill up my tank. there s no other choice. definitely too much. and it has to change, hopefully soon. neil: it is the story of the week, and right now it is hitting americans hard. i m talking about inflation, and it is still out of control. here s how bad things are getting. we re grateful if the rise isn t as dramatic as we had experienced in just the prior month. that is the state of things now with prices spiking at near 40-year highs. the last time we saw that is when jimmy carter was president. concerns that we re seeing the same thing roll out now and rolling around hoping for relief. good luck on that front. but kelly o grady on how customers and you are feeling. kelly. reporter: hi, neil. well, week we saw new inflation data with april s consumer price index out. the 8.3% year-over-year number was worse t ....
president donald trump for his endorsement and support of my campaign. when donald trump puts his mind to something, you better watch out. donald trump loves west virginia and west virginia loves donald trump. now, nebraska showed trump a little less love. cnn projects khashoggi farmger jim pillen will beat trump s preferred for governor charles herbster, who was accused of sexual misconduct by eight women which he denied. trump said he is a fine man who has been badly maligned. the senate votes today on a bill that would codify into law a woman s right to seek an abortion, following the leak of that draft supreme court opinion of course overturning roe v. wade. the bill would need 60 votes to pass, so it really has no chance in this 50/50 senate, but democratic majority leader chuck schumer says today s vote will put every member of the senate on the record. meantime republican leader mitch mcconnell clarified or at least tried to clarify that comment about a feder ....
Highs back up to 90 degrees by the afternoon and hotter for the weekend. Tropical depression julia is pulling out to sea. Sherry SwenskTropical Storm juilia now 40 miles an hour, flooding is already a problem in the charleston area. The National Weather service says more than five inches of rain has fallen. Form over land in state history. Lets take a look at the roads with Demetria Demetria obilor back to you help catching two armed help catching two armed robbers. They say the men approached a man who was seated in his car on bromley avenue near jones and washington opened the door and pressed a gun to his neck. They took his wallet, phone and demanded his atm pin number. They withdrew hundreds of dollars from the mans account. Screen. Both suspects are aroun ....