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In the ek change of gunfire, one officer was shot. He was wearing a bulletproof vest. Apparently his injuries are nonlifethreatening. The other officer was hurt by glass shrapnel in the shootout. He has been taken to a hospital. The elizabeth mayor says that he was shot in the leg, but video that we have seen and pictures that we have seen and you are looking at the suspect right there laying on the ground in front of that green car, indicate that he may have been hit in the arm. Were not sure were trying to confirm that, but we do know that he has been shot. He is in custody. He is in a hospital. Two officers hurt, nonlifethreatening injuries. He, of course, rahami is suspected in the weekend series of bombings that took place not only in new york city, but also in new jersey. Police do believe that those are linked at this point. It is not certain whether or not he had any help, any other accomplices. Reuters is reporting that a family friend said that he traveled to he, rahami, trav ....
Wednesday or what direction oil might be heading on a minute to minute basis. Both of these factors were in play again today as usual. In a deceptively quiet market with the dow ultimately just setting off four points, s p closing essentially flat, we know all about the linkage of. But the fed, ive got to tell you, i just head bringing this to you. I hate bringing it up because everyone else talked about it. Sometimes theres no avoiding it. We know what the bulls want to hear. That the fed is now on hold, perhaps until we start to see stronger retail Sales Manufacturing imports. The decline in so many sectors last week was about how the fed might say or do the wrong thing. More say than do. Either give us some stern language about the need for another rate hike before the end of the year, or maybe they even do shock us with an outright rate increase, something most people say is highly unlikely, but thats what worries me the ....
What analysts there say is premature. And oracles Larry Ellison taking aim at amazon saying his company will offer stiff competition in some key areas like the cloud. Were going to break down that matchup. And later youll hear from oracle ceo mark hurd at oracle world this morning. But first up, some new developments in the investigation into a bombing in new york city that injured 29 people over the weekend. Our Morgan Brennan is live at the scene in manhattan with the latest. Morgan, good morning. Reporter good morning, carl. I want you to take a look at the scene behind me. This is 23rd street. This is the site of the saturday night bomb explosion that took place here in manhattan. If you can take a look, this is the fbi. They are on the scene and they are sweeping the street for evidence right now. So this is new yorks governor now saying it looks like the bombing that hap ....
And welcome to power lunch. Im melissa lee. Heres what else is happening at this hour. Stocks pushing higher with the dow and the s p 500 erasing all of septembers losses while the nasdaq on pace for a record close here. Existing home sales falling 0. 9 last month. Economists were looking for a gain. And North Carolina under a state of emergency following days of Chaotic Street protests after the Fatal Shooting of a black man by police. Weve got a live report straight ahead. But first, we got to get to Tyler Mathisen live at the iconic conference in boston. High, ty. Melissa, thank you very much. And its great to be here in boston at the iconic conference where we bring together some of the biggest business icons like todd wagner whom you just heard from on scotts s ....