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Stocks went into reverse just before lunchtime on Wall Street Monday. But nobody could figure out why.There weren't any major earnings or economic reports that came out. Yes, there was a big drop in construction spending for December. But it was largely expected. And it was an "old" report whose release was delayed by the government shutdown.Still, the Dow, which was up as much as 130 points shortly after the market opened, was down 400 points by mid-afternoon before cutting those losses nearly in half. The Dow finished the day with a 207-point drop.Boeing, the biggest component of the Dow and the best stock in the blue chip average so far this year, was one of the worst performers, falling nearly 2%. UnitedHealth, McDonald's, Walgreens, Verizon and Nike were among the biggest drags on the Dow too.Paul Nolte, a portfolio manager with Kingsview Asset Management, told CNN Business that he thinks investors are growing tired of talk about an imminent agreement on a trade deal between the United States and China and want more specifics."This is, what the 38th time, that we are 'close' to a trade deal?" Nolte quipped. "You can only cry wolf so many times. We need something more tangible than we're close."Mike O'Rourke, chief market strategist with JonesTrading, told CNN Business he agreed. He said investors may simply be looking for an excuse to sell considering that the Dow, S&P 500 and Nasdaq are all sporting double-digit percentage gains this year."We've gone up sharply on the potential for a deal. But now that the finish line is in sight people are selling the news," O'Rourke said, adding that a pullback is healthy since the"behavior of the past couple of months was atypical."Market slide is much ado about nothingBut Steve Chiavarone, global allocation portfolio manager and equity strategist with Federated Investors, said the sharp pullback Monday is puzzling because most of the economic headlines are still good. He said Monday's sell-off was merely "noise."He pointed out that bond yields have pulled back now that it looks like the Federal Reserve is not going to raise rates again this year. Earnings for the fourth quarter were mostly solid. And if the trade war does end, then the profit picture could improve further.What's more, economists are expecting another solid month of jobs growth when the employment report for February is released Friday.Others argued that investors are just growing nervous for technical reasons, namely that some of the major market indexes have recently topped round number milestones, such as the Dow crossing 26,000 and the S&P 500 passing 2,800."We've tested some of those October and November highs," said William Delwiche, investment strategist with Baird. "It's purely technical and that's probably why we started to see a little loss of momentum."But William Lynch, director of investments at Hinsdale Associates, summed up the mystifying midday move down best."I have no idea why stocks fell. I don't have a clue. I'm as perplexed as you are," he said.Sometimes stocks just go down, especially after they've enjoyed a strong run. It's as simple as that.The-CNN-Wire? & ? 2019 Cable News Network, Inc., a Time Warner Company. All rights reserved. 3246
Student journalists at The Daily at Northwestern University are caught in a hailstorm of debate about journalism ethics after the paper opted to apologize for publishing pictures of students protesting a campus visit by former Attorney General Jeff Sessions. The newspaper relented after demands came from the protesters to take down photos of the protest over fear of repercussions from the university.While the paper's official stance claimed that they were minimizing harm to the protesters by removing the photos, a dean for the university said that the journalists were being bullied by the protesters upset by the coverage. The incident took place last week when Sessions attended a College Republicans event on Northwestern's campus. The Daily said that it sent two reporters to cover the event - one directly to the event, and another to cover the protests. As part of the paper's reporting, photos of the protesters were used on a reporter's Twitter account. Also, a protester's name was published by the paper. The Daily said that by publishing the photos and name, the paper may have caused potential harm to the protesters. "Any information The Daily provides about the protest can be used against the participating students — while some universities grant amnesty to student protesters, Northwestern does not. We did not want to play a role in any disciplinary action that could be taken by the University," The Daily wrote in a statement on its website. But the dean that oversees Northwestern's journalism department said that the reporters for The Daily have an obligation to cover events like the protest of Sessions' visit to Northwestern. "I am deeply troubled by the vicious bullying and badgering that the students responsible for that coverage have endured for the “sin” of doing journalism," Northwestern Dean Charles Whitaker said. "Like those student journalists, I, too, have been approached by several student activists who were angered by the fact that they and their peers were depicted on the various platforms of The Daily engaged in the very public act of protesting the Sessions speech," Whitaker added. "I have explained to those activists that as Northwestern’s—and the city of Evanston’s—principal paper of record, The Daily had an obligation to capture the event, both for the benefit of its current audience as well as for posterity. "I have also offered that it is na?ve, not to mention wrong-headed, to declare, as many of our student activists have, that The Daily staff and other student journalists had somehow violated the personal space of the protesters by reporting on the proceedings, which were conducted in the open and were designed, ostensibly, to garner attention."While some have mocked the decision to apologize, the 2784

SIESTA KEY, Fla. — When owners at the Siesta Key Oyster Bar saw the destruction Hurricane Dorian did to the Bahamas, they knew they wanted to help, so they started 176
Sens. Dianne Feinstein of California, Kelly Loeffler of Georgia and Jim Inhofe of Oklahoma have been informed that the Justice Department has closed investigations into their stock trades. That's according to people familiar with the notifications. The senators came under scrutiny for transactions made in the weeks before the coronavirus sent markets downhill. The developments signaled that federal law enforcement may be narrowing its focus in the stock investigation to North Carolina Sen. Richard Burr. Agents showed up at his Washington-area home two weeks ago with a warrant to search his cellphone. 620
Sex tech is now putting their place on the technology map at CES 2020 in Las Vegas. One of the companies appearing at CES 2020 was created by Lora Haddock DiCarlo, who developed her own line of sex toys. Her inspiration was an intense experience with a partner. “It knocked me off the bed and I laid on the floor wondering oh my god how can I do that again,” says DiCarlo.The company, called Lora DiCarlo, started in 2017, and its success was quick. In 2019, the company was given an Innovation Award in Robotics for its sex toys at CES, but the award was later taken away.“It was taken away on the basis that they [CES] felt it was profane or obscene,” says DiCarlo. That promoted both the host of the show, the Consumer Technology Association, and DiCarlo to talk. That conversation brought not only the Lora DiCarlo brand back to CES, but gave the platform for others in the industry too.“We were able to be the agents of change that were able to bring sex tech to the show in a very respectful kind of manner,” said DiCarlo. DiCarlo believes robotic pleasure is a means of human wellness. “We’re here to have a healthy open conversation about sexual health and wellness and CES is the stage for innovation and that’s exactly what we do,” says DiCarlo.This article was written by Austin Carter for 1313
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