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Buy in the space how can that be . Well tell you as power lunch begins right now and welcome to power lunch. Im melissa lee. Stocks taking a breather today after yesterdays more than 1 gains, all three of the major indices are lower with the s p and dow on track to snap the threeday rally since last weeks big drop. Fractional losses across the board. Check out the transports theyre sinking further into correction territory American Airlines, the biggest drag there that stock is now down 16 for the month of august. Well have much more on that move later on. Ty we begin at the white house Presid...

Semiconductors. A lot of the big tech heavy off of apple. I have my eye on the inverted threemonth 10year. You heard from zone he said he wants 30 five basis points before we get too worried about a recession. The financials guide. A london story and european banking story. Citigroup announcing hundreds of job cuts yesterday afternoon. 80 of those in london. That pressure from equity revenue trading. I wonder if this low volatility trading and the pressure it is putting is more a systemic than a cyclical problem. Guy you are certainly hearing it more and more in the banking sector, talking abo...

A news update this hour via cheering him welcome to the program 1st to the United States them where a wide reaching Domestic Surveillance Program could be back on the cards the trumpet ministration is calling on u. S. Lawmakers to permanently reauthorize the National Security agency to use it the request was made in a letter sent to congress on thursday signed by the now former National Intelligence director dan coats additionally his appeal also revealed that the controversial Call Detail Records Program actually been suspended after collecting more information than was legally allowed for sp...

Broadcast studios moscow this is our International Launch on thomas certainly glad to have you with us. A wide reaching Domestic Surveillance Program could be back on the cards stateside the Trump Administration is calling on u. S. Lawmakers to permanently reauthorize the National Security agency to use it the request was made in a letter sent to congress on thursday signed by the now former National Intelligence director dan coats additionally his appeal also revealed that the controversial Call Detail Records Program had actually been suspended after collecting more information than was lega...

Former dallas fed president Richard Fisher is with us live and we are hours from a key report from netflix. Which way is this stock going to move the Investment Committee is ready to go. The Halftime Report starts right now. A lot of good questions there. Of course, its good to have you with us on this wednesday. We have a very good Investment Committee as usual for you jim leventhal, steve weis, jonny in najarian. Not for investors, not for today. Csx shares derailed. Investors suffering their worst day in more than a decade. A lot to unpack here lets get to frank who has been following the s...