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Stocks in the red, the dow about 160 points as you see there from that 20,000 mark. Elusive, it has been. Banks hit hard. On pace now for the worst day since last summer, july. Energy rallying. Oil up 1. 5 . Nat gas on fire, up 5. 5 on a day where its 60 degrees, michelle, here in new york. Its beautiful, isnt it, tyl tyler . It sure is. You could be a naked chalupa in that weather. Im melissa. Shares off by 10 , and more on that in moments. Amazon promises to create 1,000 new fulltime jobs by this time next year. Shares higher on that news. Disney downgraded to a sell. Firm pointed to eroding subscriber base. The stock off by 1. 5 . Delta in the red despite better than expected quarterly revenues. Shares down twothirds of a percent. Melissa . More on the market slide. Hey, bob. Melissa, yields lower, dollar lower, stocks lower. Thats the story. Off the lows, but its been a rough morning. Take a look, for example, for Interest Rate ....
The way, lets look at how theyre doing. Theyre up. 9 . Lets look at the s p 500. There is the number on the s p. Down 23 points. Thats more than a 1 slide after hitting records, as you probably recall or maybe you dont, earlier this week folks. The euro getting closer to parody with the dollar. There is the euro. Down today. 108. Just takes 1. 08. Remember it was just weeks ago, mandy, that it was well below 2 . Thats absolutely right. Okay. Were also watching oil. Were only 90 minutes away from the close. It will be at 2 30 p. M. Eastern. In the second hour of power lunch well bring that number to you. The market is oelg off after the better than expected february jobs report. What has investors word . Lets bring in Burns Mckinney, Portfolio Manager at andrew maury, he is Portfolio Manager of the morning star five ....
A framework nuclear deal struck with iran. The terms announced were not as bad as i feared. Theyre much worse. Before i say its a bad deal its not really a deal yet. New york city two women allegedly trying to make a bomb like the one used in the Boston Marathon told a judge they are not guilty. The worst terror attack in kenya in nearly two decades. Al shabaab says its behind the attacks. The Severe Weather threat in the midwest and south. Millions are bracing for thunderstorms and damaging winds and possible tornadoes. The worst weather is in kentucky, flash flooding a big issue. A sailor has been rescued after being lost at sea for more than two months. You were out on the water for how long . I had been told 66 days. It seemed like a lot longer. President obama is in utah. The 49th state to have visited as president , the only president left on his list south dakota. Sur ....
President randy levine on opening day. Lets kick it off with what everyone is talking about. Gm cannot seem to catch a break. Gm recalls more than one million more cars. Headed to the t, they ignored defects. Oh, yeah. Make that about 7 million. That is the total number of cars that gm has recalled the First Quarter of this year. Saturn,y malibu, the and the g six. The recall adds to the one in 2010, which includes the chevy cobalt. The recall, also in a recall a decade in the making. Mary barrow will reportedly make sense of this in her testimony on capitol hill later today. We are going to have more on the story coming up in lunch money. Here is the thing. Gm recalls are not the only thing washington is worried about. The fbi is investigating whether highfrequency trading firms break the law. Are they at nonnonpublic information to gain an edge . There is certainly a question about timing here. Michael lewis is trying to sell his ....
The day gm victims have been waiting for has finally arrived. Disaster response expert ken feinberg automakers fund to accommodate victims of an ignition switch defect will finally unveil his plan on how they will be compensated. Yang yang is in washington with more on what we could expect. Already, details are beginning to emerge. That is right. Announcement. According to a gm lawyer interviewed by bloomberg news, ken feinbergs Compensation Plan is expected to offer for all drivers and passengers killed or hurt in one of 2. 6 million recalled callers cars in an uncapped fund. Money is expected to be offered even if the driver was treating and even if gm thinks it could otherwise fight the claim in bankruptcy court. Good news for victims. We will find out for sure at 10 00 a. M. One feinberg unveils the plan in d. C. And answers questions of how much victims will get and how much more will the company. Ost gm already asserted f ....