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Lunch begins right now welcome to power lunch. Im Michelle Carusocabrera. The dow hitting record highs again, pushing closer to 25,000, just days after crossing 24,000. The s p 500, the russell small caps also hitting record highs but in the category of things that make you go hmm the nasdaq struggling again today because of a tech slump. Nvidia, micron, amd among the biggest declines check out what else is moving at this hour. General cable is soaring more than 30 the industrial wiring cable maker getting a 3 billion takeover from an italian rival facebook is down about 1 . One of the stocks ...

There is separate rumor out there, not necessarily one to be believed, the house would simply vote on what the gnat came up, rubberstamp that, get it to the president s desk pronto. To congressman from north carolina, mark walker. Thanks, neil, good to be with you. Neil would you be open to that, there is rumor circulating that the house would simply not on what the senate came up with . Not at all. Republican Study Committee we did a survey last week, we didnt have a single one who supported that. 3 were maybe or depends. 97 said absolutely not. Were going to conference. Im pretty sure leader...

Does timely, and finally we have tax reform heading to conference and soon to be law. Some of the allies are fighting back against a special counsel witch hunt. The house intelligence chairman devin nunes has directed his staff to prepare a contempt of Congress Resolution against Deputy Attorney general Rod Rosenstein a and fbi director Christopher Wray for allegedly hiding a top agents top political bias against President Trump. Well have the full report for you here tonight. Also a major legal victory for the president. The Supreme Court now allowing the president s travel ban to go into ful...

Indictments. The four indictments and please that have just taken place. I see sit most of importantly in what happened with the firing of director comey. And it is my belief that that is directly because he did not agree to lift the cloud of the russia investigation. Thats obstruction of justice. Kennedy so if attitude determined your latitude, difi must be high. What you have are a series of actions that are questionable, tacky and annoying. If that were the threshold for obstruction dianes wardrobe would have been in trouble a long time ago. When you tie them together with the ribbon of whi...

The final tax bill on the president s desk by christmas, pass a measure to keep the government funded before midnight on friday. The president meeting with key members this afternoon. The latest from capitol hill. New examples of antitrump bias at the fbi. One of Robert Muellers deputies reportedly praising a doj official for defying President Trumps travel ban. This as were learning more about that agent fired for sending antitrump texts. Connell the deep state. Meanwhile reversing course. Markets ending in the red. Lets go so Nicole Petallides on floor of the new york stock exchange. There w...