Points. We thought it would be a huge bounceback day, it might be, you never know but another point as the intraday of the dow we actually went negative. Were back up 120. Up and down we go. Deirdre bolton trying to keep track of it all. Joins us from the new york stock exchange. Like im on a ham sister wheel, connell. We had 950 point gain. When Vp Mike Pence said essentially every american will be covered for coronavirus testing. You saw, that, that is where viewers can see a little bit after green, kind of blip up on the dow. Were still nowhere near where we were at the highs of the session. Let me tell you what is moving markets at least by group. The groups that are supporting whatever rallies you are seeing. You have info tech. You have Financial Companies and industrials. Now on the other side with really weighing on the market, utilities, Consumer Staples and energy which is a little bit interesting, because out of the gate this morning, connell, energy, they were the superstar
Reports of a technical glitch. Well have details on that story. Later former nissan head carlos ghosn breaking hiscy loens and boy did he ever in an animated press conference that went on and on and on and did it after a James Bondlike escape from japan. What did he say and what he didnt say power lunch starts right now and welcome to power lunch im contessa brewer. Right now stores surge dow up nearly 200 points as you can see up more than half a percent. S p and nasdaq also in the green and nochg ntching some new reco. We got google, mastercard, lowes up more than 2 tyler . Contessa, iran launching a missile attack overnight in retaliation for the killing of Major General Qassem Soleimani it targeted two air bases in iraq that house u. S. Troops among other individuals. No reported u. S. Casualties. Iranian foreign minister tweeting they do not seek escalation or war, President Trump echoing that sentiment earlier. Lets go to eamon javers for the details. The president says that iran
Disrupting this is bad for the markets. Whatever helps it is good. That is where we stand. It is not a political thing or red or blue thing. It is a green thing. Whether they are republicans or democrats they love making lots of money. My name is neil cavuto. My thanks to david asman filling in while i was out. What is occupying the markets attention, to impeach or not to impeach whether there is enough evidence or drama around this to build a case for this. The so far the transcript of the infamous phone call is out. We dont know all the details. We dont know for example, if it es out right verbatim context of the call or whether there were other calls. What weve seen of it so far does not seem to emply anything too, too worrisome for the president , a little icky but not necessarily a constitutional crisis. To blake burman at the white house with more on all of the above. Blake, what have we got . Reporter hi, there, neil, here is the argument and the president and the white house ar
Pullback in tesla stock on that noise and ready to buy more. Following bitcoins monster run, we have a special three buys and a bail edition for crypto. Thats all ahead. Right now, know, markets are seemingly moving towards the highs of the session. Its green across the screen. You can see right there, the dow up about 0. 2 of 1 . The s p 500 up almost half of 1 . And thwe have boeing and Spirit Aerosystems. There could be deal talks growing between the two. Thats where spirit shares are up north of 13 . Plus, our chart of the day. Its new York Community bank corps, ticker nycb, down about 25 again. This is the embattled new york based lender that replaced its ceo at this point. Thats where we begin. Leslie picker is here with the latest ohhen this saga. There are multiple headlines involving them today. Multiple headlines, youre right. Still losing about a quarter of its valuation. All of these just the latest salt in the wound of investors who have held onto new york Bank Community c
Everyone. We begin with a major consumer alert about ground beef which may be contaminated with e. Coli. The recalled meat was sold only to restaurants. But it is an important reminder about the danger of undercooked burgers. Abcs Tahman Bradley has the details. Reporter this beef recall comes only days before millions throw burgers on the grill for memorial day. The 1. 8 Million Pounds of ground beef suspected of e. Coli contamination, all come from here, Wolverine Packing Company in detroit. At least 11 people across 4 states have been sickened. Its a strain of e. Coli that worries the Health Experts the most. This is a particular strain, just by its nature, tends to get into the bloodstream. And it can cause other organs to be affected, specifically the kidneys, immune system. Reporter each year, 95,000 people get sickened by the strain, with hamburgers causing the largest number of cases. Americans often eat their burgers medium rare and rare, not cooked sufficiently to kill e. Col