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And welcome to power lunch. Im melissa lee. Heres what else is happening at this hour. Stocks pushing higher with the dow and the s p 500 erasing all of septembers losses while the nasdaq on pace for a record close here. Existing home sales falling 0. 9 last month. Economists were looking for a gain. And North Carolina under a state of emergency following days of Chaotic Street protests after the Fatal Shooting of a black man by police. Weve got a live report straight ahead. But first, we got to get to Tyler Mathisen live at the iconic conference in boston. High, ty. Melissa, thank you very mu...

Iea saying the global glut say that ten times fast is bigger than thought. And the risk of Oil Prices Falling further has increased. That this has nearly every oil Company Stock lower again today despite some of the bigger names likes exxon, chevron, shell and others being in the middle of a mini rally this month. Self ron up 2 this past week. And exxon mobile up about 6 . Joining us now chris kelly, he covered the oil sector for janice. Chris, listen, lets try to focus the whole story through one stock. That is a name you like. Enterprise products, he pd. Their numbers werent terrible. Their ...

We start with the equity markets which is moving higher as the fed meets to decide whether or not to begin raising rates. Lets look at the numbers with the dow, the nasdaq and the s p. The nasdaq and the s p are now tracking for their second consecutive week of gains. Something that neither has done in nearly three months. But, ty, the real action here is in the oil market this hour with oil soaring. Wti crude up by 5. 3 . It could still be the biggest daily gain since august 31st when wti jumped nearly 9 . Brent crude, and weve been talking about the spread there narrowing, havent we, ty . Bu...

First, lets check in with mandy at the new york Stock Exchange. Hi there, tyler. Hello, everybody. We have a selloff here on the street. The dow is back in correction territory although we are off the very worst levels of the day. The dow is down by about 284 points. Now its down by 235. S p down by 24 and the nasdaq off by 48. I have bob pisani on the floor of the Stock Exchange to explain what is going on. I guess maybe for one day weve got a reprieve where we can stop obsessing what the fed is going to do and we can obsess what the fed said and what it means for things like earnings and rev...

Revenue generated from baggage fees, from food and other annoying. Give you leg room, place to put your legs. Small stuff, you got to pay. How much more can the airlines squeeze out of passengers and into added fees impact which airline you choose to fly . And fear and loathing in silicon valley. They are the Companies Consumers are scared of and hate the most when it comes to privacy. We will tell you which ones they are. Lets check in on this busy day with sue. And we start with stocks struggling for some gains. They are Holding Steady right now. The nasdaq the biggest loser this hour. A num...