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House. Power lunch starts right now welcome everybody to power lunch. When i buy, it is the peak when i sell it is the bottom. Thats my life story stocks, they are down this hour. The dow and s p 500 both on trek for a second straight down week, but the nasdaq is on pace to finish the week higher watch the bond market, folks yields on the twoyear treasury note hitting the beginning of the financial crisis a 1. 71 . Check out the etf that tracks energy we are on pace now for the first week in more than a year big moves in retail to tell you about. Abercrombie fitch up 25 on earnings ross is up 10 footlocker up 25 on its earnings more on that ahead the death of retail may be exaggerated. Were watching apple, the tech giant delaying a key launch of a crucial holiday product. More on this coming up melissa . Ty, im melissa lee twentyfirst century fox is reporting that verizon is also reported in acquiring them disney was interested in buying assets now it is at 30 and changeup by 3. 7 . Ve ....
Is. Our objective is to get it on the president s desk by december to get him to sign it this year. Well work on this as fast as we can but theres no artificial deadline. As i said all along, this is a pass fail exercise and weve got to get it done to create Economic Growth and create a competitive business system. Maria the optimism hitting 23,000 yesterday for the first time. Indicating another rally at the start of trading this morning. The market will not quit. Update quarter of a percent of the market. Take a look at the indices look like this bird once again come to europe a cue from the u. S. Caci pass a percent. Dax in germany up two thirds of a percent. Asia overnight markets mostly higher as well. China the country kicking off its 19th National Congress of the communist party. A major impact on everything from u. S. Policy to chinas approach to north korea as it ....
Weiss, jon najarian. We begin today with stocks on pace for their worst month of the year three down days in a row looks like well have a pickup where we came off. But weve come off the worst levels weve bounced a little bit. And i think right now, this is more of a derivatives type of trade. This is an options the trade and a features trade i dont think were out of the woods just yet i think that were seeing a lot of the tupf. A. N. G. Names, whichr very important if you are not going to get f. A. N. G. S in the wake of earnings, continuing the uptrend in the market, going to be in a little bit of trouble. Credit markets are good, emerge markets are good, those are good overall conditions but were not out of the woods just yet you feel like this correction is happening its going to be so narrow and shortlived that well be right back to where we we were before . Look, i think the bias shortterm is a little towards the downside not significantly, not correction territory i just think it ....
Republican congress, republican senate, i think you need to get this movement from the ground up. Richmond became the first bay area city to pass a similar resolution two weeks ago. New this morning, hawaii has filed the first lawsuit against the president s new travel ban. Attorneys filed a new 40page request just before midnight last night asking a federal judge to issue a temporary restraining order against the ban. The president signed the new order on monday, banning travelers from six majority muslim countries from entering the u. S. For 90 days, also banning all refugees for 120 days. Hawaii and the Justice Department are asking the judge to fast track the issue so its heard before it goes into effect one week from tomorrow. An incredible breach of the cia. Wikileaks has published thousands of documents that if theyre authentic, expose some of the most powerful u. S. Intelligence tools. Abc has the latest from washingto ....