Stay updated with breaking news from Drexel brian. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Lets look at that stock, nosedive here. Were deep in the red. Triple digit losses as brian mentioned on the Dow Jones Industrial average, down by 165 points. The s p 500, off the session lows by four points or two, 22 points the loss. Nasdaq feeling it down, down 1. 3 . Apple, a bright spot on the nasdaq, helping that index. Biotech down big time. It is down by 3. 5 . And, again, as we mentioned, apple is holding up. We should note too that telecom in terms of s p sectors, the only one in the green. Thank you very much, melissa. Good afternoon, everyone. Welcome. Im tyler mathisen. Here is what else is happening at this hour. The Supreme Court hearing the arguments in the long running patent dispute between apple, which had won at the lower court level and sam susung. Small Business Optimism taking a dip ahead of ....
Thanks for joining us. Power lunch starts right now. Welcome to power lunch. Im melissa lee. Three hours to go in the trading stegs and stocks headed lower right now. S p 500 stuck in a fractional range. In fact, this could be the 37th straight session where the s p is scaled to move 1 or more in either direction. Take a look across the board just down about a quarter of a percent with the russell the only one moving to the upside right now. Few standouts to tell you about, lkq, omnicom, Stanley Black decker, whats continued to move financials up 3 in the past month, michelle. Something well definitely be watching. Im michelle carusocabrera. Heres what else is happening at this hour. Fertilizer giant is in discussions with potash, no agreements have been reached. French economy minister has resigned from the government. And a tropical depression is gaining strength in the gulf of mexico. Forecasters say the storm could be upgraded ....