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Traditionally, for stocks. Dow is usually down more than 1 on average does that hold true to form this time listen, i dont know if history is your guide on this. I think the relevance of whats going to happen here in september is really about the tremendous amount of obstacles that the market faces right now. And what do you do with that do you allocate new money . Do you expect a correction to be coming right now i think the best strategy, when you look, is to be defensive if hedge things out, ...

Useless . Congress back to work and a lot on the table tax refor, Harvey Relief and fast approaching debt ceiling. Will anything get done every building after Hurricane Harvey how much is it going to cost well ask a ceo of u. S. Concrete im Brian Sullivan power lunch begins right now welcome to power lunch, september is off to a shaky start. Stocks are at session lows, posting the biggest one day tumble since august. In the wake of the saber rattling, the dow plunging more than 200 points and oi...

Stocks are getting a bounce following the worst trading day in week and bochnd yields contie to be the story. Ten year is the lowest since november joe, is this time to worry about what is happening with yields . I think its time to be concerned. Overly worried, no, because this is something that for the better part of 2017 its been part of it weve been normalizing rates, but yet the u. S. 10 year has the inability to really lift itself to the surprise of many. So a break below 2 respect about, ...

Welcome to squawk alley for thursday were at post 9 of the New York Stock Exchange were getting some Oil Inventories in a moment here Hurricane Irma makes its way to florida as a category five storm, slamming into several islands in the caribbean overnight. We have Team Coverage this morning. Wmaq meteorologist is back at hq phil lebeau is in chicago. Lets start with you we have a very strong category 5 hurricane that is going to churn over warm waters and low sheer, those help keep the hurrican...

Follows the release of the white paper from his Firm Yesterday on Procter Gamble in which they have a 3. 5 billion stake. Lets see if we had set up for what appears to be a lower open at this point. The broader averages down ever so slightly. Things were mixed to a certain extent some what mixed action there as for euro zone indices, they have been done and you can see again mixed because i like to add germanys dax is up ever so slightly the ten year note yield has been the story for the entire ...

Retailer slashing prices on thousands of items what this could be signaling about the company and its rivals power lunch starts right now im brian sullivan, stocks are mixed this hour but on track for first losing week in three weeks. The dow is the only major average that is higher meantime the u. S. Dollar, the greenback weakening against most of the world major currencies, the dollar index now at its lowest level since january of 2015 kroger beating estimates but the shares getting pounded ap...

Of restoring power to 6 Million People, getting gasoline back in these ports. Jim and david, going to be a big story in port tampa bay later on today, which handles 37 million tons of cargo a year a third of all cargo that comes in and out of florida, 5,000 acres, the largest port in the state, in physical size. Were going to talk to the president of port tampa bay, Paul Anderson later in thelogis airlines and fdr saying specialty retail, 10 of their coverage universe is affected by irma versus ...

Florida. Even though it is still bad enough. Still bad see the reinsurers, worst performers last week, up 5 right now. Irma has been downgraded to a Tropical Storm now georgia and alabama are in its sights while the hurricane as bill mentioned buwasnt as bad as it could have been, the Economic Impact is real Jackie Deangelis having a look at impact on agriculture like sugar and oranges. We were talking about that last week. Well see what the impact may turn out to be. Plus 6 Million People wait ...

Were lockstep with europe this is a very big change. You pointed that out a number of times the tenyear note yield creeping up a little bit from the lows we saw last week. Maybe helping firm up the financials just a bit. You see crude there. We just heard, of course, from the treasury secretary of the United States, steven mnuchin. As they wrap up squawk box. Tax reform, its got to be the most significant item on the agenda you know, he seemed to echo comments he made in the past about 15 being ...

Brian . Thanks. Im Brian Sullivan at apples 5 billion headquarters in cupertino. Probably a new iphone, maybe a new tv product, a new watch. Could there be surprises we dont know. A lot of questions well get answers in a moment. Michelle going to be exciting. Im Michelle Carusocabrera at the alpha conference Tyler Mathisen is with me, too we have been speaking with important investors in the world. We are going to bring what they said coming up in the next two hours on power lunch. Melissa, back...