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CNBC Power Lunch October 20, 2016

Phone game . Kodak. Kodak, yes. Say what . Power lunch starts right now. Welcome to power lunch. Im melissa lee. Stocks are turning south, posting their first losses in three sessions. The shift wiping out nearly all of the weekly gains for the three major averages. Pretty much hugging the flat line with the nasdaq and s p 500 in the red. Telecom, energy, worst sectors. Utilities and health care holding out. Mobile eye, getting a nice pop on the back of the tesla autonomous drive news. That was the mysterious tweet elon musk sent out yesterday. Thank you. Heres what else is happening at this hour. New data shows investors pulling 28 billion from hedge funds in the Third Quarter. That puts the Hedge Fund Industry on track for its first annual outflow since the financial crisis. The dollar hitting a sevenmonth high after the
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