The state department advising u. S. Citizens not to travel internationally and return home. They raised the advisory level to four. Huwan which was ground zero reported its first day without a new case we have full Team Coverage for you here bob is tracking another wild session for stocks rick, is watching the bond market for us. Kayla has the very latest on the action this d. C. We start with you bob. An important thing here today is even though 50 point swing in the s p 500 would have been insane a month ago, its kind of normal now its lower volatility than what we have been seeing recently i think thats the key point about whats been happening. If you look at the leadership, its also different. For once were seeing, for example, bank stocks doing Better Energy stocks doing Better Technology doing a little bit better what has been the leadership or what has been going down has been held care, for example, Consumer Staples and they are lagging today. There is a an attempt to buy the m
Crowded. The early presumptive choice for many, former Vice President joe biden, has seen his poll numbers slip. His campaign has been dogged by gaffes and lackluster debate performances, plus he continues to deal with questions about his involvement with you yard line. Ukraine. Senator Elizabeth Warren is facing real resistance especially from the democratic establishment over her plans more fullty trillion multitrillion dollar social programs. Senator Bernie Sanders too is plagued by worries about his europeanlike socialist proposals. And with south bend mayor Pete Buttigieg has made inroads especially in iowa, he remains in fourth place. Just last week former new york mayor Mike Bloomberg filed to be on the ballot in alabama and later addedded arkansas saying hes concerned a fading biden will mean the democrats will end up with someone far too liberal. And this week Deval Patrick announced that he was throwing his hat in the wing. He fears the current candidates wont be able to beat
Im sue herera. Cvs is a major player in the Nations Health care system and drug supply chain. Its also on the front lines of the epidemic. Tonight that company is taking steps to try and curb abuse of the drugs by limiting the duration and dose of some prescriptions. Cvs reach is wide. Through its caremark unit, the company manages medications for nearly 90 million people. Thats about 28 of the u. S. Population. Meg terrell has more now on cvs new rules for opioid painkillers. Reporter cvs health said today its taking new actions to try to curb misuse of prescription opioids. If we do limit exposure to these medications, well have fewer people who become addicted to them. And the fewer people who become addicted, theyll lead better lives. Well relieve human suffering and the number of deaths that occur. Reporter cvs says it will limit use of o to seven days. For chronic pain, cvs says it will put caps on the daily dose. They say its consistent with guidelines set last year by the cente
Consequences for your portfolio. Although, they were masked by todays roller coaster of a session. Dow ultimately advancing just seven points, s p dropping. 42 nasdaq. 92 . We were up a lot more half an hour before the closing bell. Made noises about how it was going to crack down on grease. Yeah, were still caught up in that greek tragedy. But i say lets talk about the wild swings in u. S. Stock. And whats behind them. Not about greek bonds and whats not. I say we have to understand the violence, if not embrace it. See if we can profit from the damage and the extreme moves to the upside that might not yet be finished. The most violent down move today, lets go right there. I think its chipotle, which dropped 50 points. On whats widely regards as a less profitable quarter coupled with disappointing guidance. So what are the sellers thinking . Thats what we need to do in this show. Whats in their heads . Well they went out before chipotles string of double digit same store sales runs out
The president is in support of, mothers like me are in support of, but the question is, our shareholders . Mostly. If you are going to assess the economic investor impact of a decision, like the one they just made, not selling Tobacco Products says look, no further than the stock price. Last time i looked, it was down only like . 30. This is a major move. This is the First Company we are seeing doing Something Like that. The question is, will it be broaderbased . Will it be broader . Will walgreens step into it . Air mark had their earnings this morning. They provide the food at the big stadiums out there with a great morning, but what do you buy there . Hot dogs, beer, popcorn, soda. We are beginning with breaking economic news. The markets are watching for any piece of data very closely to get a sense of what is happening in the u. S. Economy. A key gauge of the u. S. Service sector is coming out. M . I have got some good news for a change. Not only is it up, but up more than expecte