captioning funded by cbs good morning from the studio 57 newsroom at cbs headquarters here in new york. i m anne-marie green. for the first time in 50 years the kansas city chiefs are super bowl champions this morning. last night the chiefs led by quarterback patrick mahomes defeated the san francisco 49ers 31-20 in a thrilling come from behind victory. fans in kansas city erupted into wild cheers as their team clinched the nfl championship title. the chiefs are set to be honored at parade on wednesday in their hometown. laura podesta is here in new york. tell us more about the chiefs big win. reporter: this morning the kansas city chiefs are reveling in their first super bowl victory in 50 years. red and yellow confetti rained down on players at hard woke stadium in miami. fans back at home they couldn t contain their excitement. this played out all over kansas city. quarterback patrick mahomes helped the chiefs take charge leading to a defeat of the san francisco 49er
Welcome to power lunch. Im michelle carusocabrera. The major averages are lower kicking off the busiest week for earnings but the s p tracking for its best monthly gain since february the nasdaq was on track right here, yes. Best month since january oil pushing higher, crude prices up more than 1 . We keep show l well get to that. Financials carving out small gains, utilities and health care lagging, j j, home depot, the biggest losers in the dow right now. Some of the big movers pandora higher on news of state pajama makers, maybe not blue apron, we finally get it, soaring on positive comments but hasbro is tanking. A deeper dive on these stocks straight ahead here on power lunch. Thank you, michelle. Im tyler madison. Waiting for Jared Kushner to make a statement at the white house after his session with the Senate Intelligence Committee Earlier today. We are also waiting for the democrats to unveil what they are calling their better deal for the economy and for americans at an event
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