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Welcome to power lunch, everybody. Stocks are just off the lows of the day. The dow down b about 200 points. Still on pace for its Third Straight session in the red with apple the biggest drag and gold reaching 1600, its highest level in seven years and utilities leading today on pace for a record close the second best performing sector this year next to tech up 9 for more on where the money is move ng todays market, lets get to bob pisani at the new york stock exchange. Hello, again. Much of damage is cue to apple and theyre worried about krohn kro coronavirus. Exxon mobil, another new 52week low there and also were seeing some of the big global industrials like caterpillar, 3m pretty modest response leon cooperman was saying the the biggest risk to the markets is the u. S. Elections and this is the way a lot of the Fund Managers seem to think bank of america, 150, the bigges ....
Seriously considered. Senator mccain has already referenced them. One is i think we have to take a hard look at overhead. The army but not just the army but the military across the board, all of the services to include department of defense are very very Large Organization with a big bureaucracy with a significant overhead. A second is acquisition. As already previously mentioned, theres a considerable amount of cost and in many cases waste in the acquisition process. We need to get that under control. And the third and final piece that i think is worth taking a look at theres a wide variety of emerging technologies that could in the outyears could lend itself to automated processes and reducing either manpower or manpower costs, compensation cost over time. Thats three big areas that would want to lock at if confirmed. We have russia creating a looming threat in europe, we have the pacific and chinas expansion or i should say ....
Roosevelt was shot by a wouldbe assassin and in this very theater he the campaign with a bullet still lodged in his chest. Now the economy is at the top top of the agenda, americans are concerned about their jobs and their families and hopes that the road ahead leads to a better future. Here in wisconsin they have seen their fair share of partisanship but they persevere and their spirit remains strong. From now, if anyone tries to sell america short, or tells me that americans dont have the will to compete or the stamina to keep out in front, i will tell them to come to see you, the people of wisconsin. [applause] election day is less than a year away. First votes will be cast in just three months. And for the first time, the end of the road can be scene on the horizon. Moderator it is 9 00 p. M. On the east coast, 8 00 p. M. Here inside the milwaukee theater. Welcome to the republican president ial debate here on the fox business network. Im neil cavuto. Alongside my comoderators, mar ....
President just a few blocks away. Across the street Teddy Roosevelt was shot by a wouldbe assassin. In this very theater, lodged a campaign with the bullet still lodged in his chest. Now the economy is at the top top of the agenda, americans are concerned about their jobs and their families and hopes that the road ahead leads to a better future. Here in wisconsin they have seen their fair share of partisanship but they persevere and their spirit remains strong. From now, if anyone tries to sell america short, or tells me that americans dont have the will to compete or the stamina to keep out in front, i will tell them to come to see you, the people of wisconsin. [applause] election day is less than a year away. First votes will be cast in just three months. And for the first time, the end of the road can be scene on the horizon. Moderator it is 9 00 p. M. On the east coast, 8 00 p. M. Here inside the milwaukee theater. Welcome to ....