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You know, of three straight weeks in the red this time its not tech thats leading the sell off you have materials, industrials and Energy Taking the market lower at this hour plus, still front and center for both washington and wall street is that tiktok melo drama. Will the chinese give it its stamp of approval. Power lunch starts right now lets go to bob for a look at whats happening and why. Bob. This did not start today. It started earlier in the month. It Gains Momentum in the last four days. Theres some very good reasons why. This didnt come out of nowhere. Lets review why the markets ar...

And scaling back the harsh concerns of the growing a virus or change the annual pilgrimage to mecca. Hello too big to dominant and too powerful thats what the bosses of 4 of the worlds Biggest Technology firms are being told the companies have become in an ongoing hearing in washington even the u. S. President has joined in the criticism threatening that hed bring the fairness if congress doesnt take action chief executives of Facebook Google amazon and apple are all being questioned at a hearing over accusations of anticompetitive behavior together their companies are worth almost 5 trillion ...

The confidence number, the headline number coming through at 98. 1. The economists were expecting something around 91. This is a much better than anticipated number. The point. Force this is data for june. We are in a situation where the beginning of june started quite strongly. Of the reentry of lockdowns in places like florida and texas. At 86. 2, thatough is up from 78. 1. Versus 96. 9 last time around. The present situations revise lower for the previous month. Significant improvement in terms of the expectations data. Alix particularly i am looking regionally as well. The northeast really...

Where does this leave us pete, good time to answer that question i think our viewers, investors everywhere are wondering we had this big comeback weve had a bit of unsettlement in week. Now what yeah, i think we have reached a point now where theres been some pull back and everybody is looking for that opportunity those that have missed a little of some of these moves youre look for something. We had a huge range. We started to change the what we have been seeing which is contracting range and that sell off late day im surprised we havent seen an acceleration to the downside i think theres ner...

Staying put on the ship, war of words, President Trump and former president obama sparring over who deserves credit for americas economy, after terrifying crash at daytona 500, we have all the latest on condition right now, mornings with maria is live right now. Maria director in wuhan, china, dead, contracted the highly contagious illness, 51yearold neurosurgeon died today. Death coming as more than a dozen patients tested positive for coronavirus or have a good chance of getting it have been sent to university of Nebraska Medical Center for treatment, we will get you the latest on that statu...