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Transcripts For CNBC Power Lunch 20141020

Your drinking. And the head of the fbi. Well, hes laying into Big Tech Companies like apple saying the new antisnooping policies cryptography are hurting National Security. We want to hear from you on that topic. Vote cnbc. Com vote. Your chance to be heard starts now. First to sue on another day for stocks. The dow lower for the 16th time in some 21 sessions being dragged down by ibm. The Dow Jones Industrial average trading down by about 62 points. The nasdaq is in the green and the s p 500 is in the green. S p up by about 6. Lets get more on the trading action. Hi, bob. Ibm hurting the Dow Jones Industrial average and not dramatically the rest of the market. We are a lot calmer than a week ago. Two things really matter right now, number one, oil has stabilized from 105 to low 80s in oil. We have been there for the last three days. Stability really matters particularly for the big energy names. Exploration and production stocks many of them like chesapeake down north of 25 . Take a l

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