and welcome to power lunch. melissa lee, stocks are down at this hour and trying to make a comeback the major averages are well off the session lows dow down more than 470 points in the session and dow down under 200 and nasdaq more than 2% and down under 1%. oil prices bouncing back after falling below the 50 day moving average for the first time since mid january. much more on the oil trade straight ahead and in the meantime, bob pisani at the new york stock exchange for all of today s action bob? the additional tariffs. it sounds pretty serious but the market reaction indicates that traders don t believe an all out trade war sis imminent. the low print at the 2898 on the s&p. well off the lows there indicating initial sellers were not met with waves of additional sellers after that the vix or the volatility index, it s 16 now, indicating options traders are not following up on buying more protection there s been the usual knee jerk reaction you know this. en sell t
through this beautiful world felt the cool rain on my shoulder found something good in this beautiful world i felt the rain getting colder sha la la la la sha la la la la la sha la la la la sha la la la la la la anthony: what are we drinking? beer? we drinking harder stuff? what s going on? sean: i usually go with a budweiser and a jagermeister. anthony: budweiser and a jagermeister? so any notion of going local right out the window. sean: yeah. bartender: two jagers? anthony: uh, yeah, two jagers. yeah. cheers. good to see you again, man. sean: cheers, man. the first one s never good. the first one is never good. but it gets easier after the first one. anthony: so, look, um, this is not my first time to, uh, charleston, as you know. i did do a show here before and i m still taking about it. apparently i really up the first time i came here because i made a number of errors, apparently none more egregious than going out for, like, doi
awesomeness, and then there s charleston. the south is not important h . there are pockets of weirdness, awesomeness and then there is charleston. for some time now important things have been happening with food, a lot of them having to do with this guy. found something good in this beautiful world i felt the rain getting colder [ music ] la la la la la what are we drinking? beer? harder stuff? what s going on? i usually go with a budweiser and a jagermeister. budweiser and jagermeister. what are we drinking? beer, hard stuff? what s going on? i usually go with budweiser and yeager meister. any notion of going local right out the window. chairs. the first one is never good. the first one is never good. it gets easier after the first one. this is not my first time to charleston, as you know. i did a show here before and i am still taking heat about it and apparently i really upped the first time i came here. i made a number of errors, apparently none mo
anthony: the south is not a monolith. there are pockets of weirdness, awesomeness, and then there s charleston. where for some time now important things have been happening with food. a lot of them having to do with this guy. [ laughter ] i took a walk through this beautiful world felt the cool rain on my shoulder found something good in this beautiful world i felt the rain getting colder sha la la la la sha la la la la la sha la la la la sha la la la la la la anthony: what are we drinking? beer? we drinking harder stuff? what s going on? sean: i usually go with a budweiser and a jagermeister. anthony: budweiser and a jagermeister? so any notion of going local right out the window. sean: yeah. bartender: two jagers? anthony: uh, yeah, two jagers. yeah. cheers. good to see you again, man. sean: cheers, man. the first one s never good. the first one is never good. but it gets easier after the first one. anthony: so, look, um, this is no
anthony: what are we drinking? beer? we drinking harder stuff? what s going on? sean: i usually go with a budweiser and a jagermeister. anthony: budweiser and a jagermeister? so any notion of going local right out the window. sean: yeah. bartender: two jagers? anthony: uh, yeah, two jagers. yeah. cheers. good to see you again, man. sean: cheers, man. the first one s never good. the first one is never good. but it gets easier after the first one. anthony: so, look, um, this is not my first time to, uh, charleston, as you know. i did do a show here before and i m still taking about it. apparently i really up the first time i came here because i made a number of errors, apparently none more egregious than going out for, like, doing oyster roasts and drinking champagne. sean: i d never heard for such a thing. well, champagne of beers is okay with oysters. anthony: right, see that s what it must ve been a typo. sean: maybe somebody got, yeah, confused s