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And welcome to power lunch. Stocks are cutting their earlier losses the dow was down triple digits, but the s p 500 having its worst day since may 17th tech, materials are leading the declines as you see by nearly three quart oers after percent me slay . Here is what else is happening at this hour Steve Scalise undergoing his third surgery after being shot yesterday. He remains in critical condition. The senate stepping up sanctions against iran and russia. The house needs to vote on it. More and more ceos speaking out, urging President Trump not to reverse u. S. Policy on cuba. The president is set to speak about it tomorrow. More on that story straight ahead. All right, thank you very much, melissa. Lets kick it off with your stock story of the day and that is the all mighty Amazon Company in the headlines again as a r ....
Announcing a ban on jus deals with the cuban military. And staying with politics, the russia probe is headed for the white house. President trump lashed out at Deputy Attorney general Rod Rosenstein as he is knowledge for the first time that he is a focus of the investigation. And u. S. Markets close in two hours. Lets check on where stocks are not with julie hyman today, but abigail doolittle. Abigail it is a friday, and we do not have a lot happening for the major averages. That is typical for fridays in the summer. The dial is trying to beat itself and the positive the dow is trying to peek itself into the positive right now, but right now it is higher on the week and higher for a fourth week in a row. Nasdaq and s p 500 are both down, especially the nasdaq. Lets look at a sixday intraday chart of the nasdaq. This is last fridays big selloff, and a continuation of it into ....
The president has created an uncertainty for outside the norm. Sleptons have been on my North Koreans and foreign entities including a stateowned Foreign Trade bank in addition to the ones only sanctions list. Recent travel they have an asset freezes were added to the north bring itctions list to in line with the Security Council resolution. The resolution was announced last week in response to response toe yongyangs ongoing threats. The gulf coast was hit last night. The argument has downgraded the storm to a tropical depression. Franklin became the first hurricane of the atlantic season on wednesday and hidden are north hit north of the city. There were no reports of deaths. Mexican Authorities Say there was less damage than feared. Global news 24 hours a day, po ....
Who was caught few block away an hour after kate was shot. Police believe sanchez tossed the gun in the water and tonight sources tell us that sf pd divers found a gun. Ballistic test will need to be performed obviously to see if it was in fact the one used in the shooting. 7 News Reporter has the latest now on a tragic murder investigation. This video was taken by a person who lived at nearby apartment building. You can see bystanders trying to help catherine steinly mortally wounded. Police say the suspect never exchanged words with her before he shot her. The victim said something to her family members. Said she didnt feel well. Something had taken place with respect to her and she fell to the ground. Sales rep shot at 6 30 last night. As she strolled down the pedestrians pier with her father. Doesnt appear to be any connection between the victim and suspect. At this point it appears to be random shooting incident. At the time t ....