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Transcripts For CNBC Power Lunch 20161014

Hi, everybody. Good afternoon. Welcome to power lunch. Im Tyler Mathisen. Stocks were rallying big earlier. But were now well off session highs. The dow had been up 162 points. And had wiped out its losses for the week. Now, not so much. It joined the s p and nasdaq in being lower for the week once again, despite the gains that you see over my shoulder there of 70 points for the dow. Financials, tech, materials, industrials among todays biggest gainers. Melissa . Thanks, ty. Im melissa lee. Consumer sentiment coming in weaker than expected. Goldman sachs winning a legal dispute with libyas sovereign wealth fund, a ruling that goldman did not abuse the relationship and force the fund into deals that the fund claims led to more than a billion dollars in losses. And the Obama Administration eliminating 100 limit on the value of cuban cigars but american travelers can bring ....

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