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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
SURPRISE, Ariz. — While hundreds of Valley Vista High School seniors walked across the stage for graduation Thursday, one student wasn't even allowed inside the venue.LaRissa Waln showed up to her graduation ceremony at State Farm Stadium in Glendale, Arizona, but was stopped at the doorsby her school's vice-principal. Waln was told she'd have to remove her decorated cap, which she had decorated with Native American patterns and trum, and exchange it for a blank one."I was sad for a moment," she said, "But that just means I get to be out here and stand up for what is right."She and her family, some who flew all the way from South Dakota to watch Waln graduate, stood outside the stadium in protest."It's not just for her, we're fighting for all the ones that follow her," Bryan Waln, LaRissa's father said. "There are other Native American kids out here that would love to practice their religion on graduation day." 936

Quincy Mason, George Floyd's son, visited a memorial for his father on Wednesday at the site where his father was arrested prior to his death in Minneapolis police custody."We want justice for what's going on right now," Mason said. "I appreciate everyone showing support and love, and I thank you."Mason was accompanied by Ben Crump, the lead attorney for the family of George Floyd. Crump said Wednesday that he expects three of the officers involved in Floyd's arrest to be charged in connection with his death before a 535
Statements from #Patriots Chairman and CEO Robert Kraft and Head Coach Bill Belichick on Tom Brady's Patriots career: https://t.co/DFmmbzAIdo pic.twitter.com/flVpDFB4HJ— New England Patriots (@Patriots) March 17, 2020 229
Six network news divisions began televising President Donald Trump's coronavirus briefing Monday evening. But by the time it ended nearly two hours later, only Fox News Channel was showing it live. As the president has taken to the White House podium nearly every day to deliver updates, it has revived a debate over how much unedited time the president should receive. Networks like CNN were criticized for the time they spent showing Trump's campaign rallies four years ago. Still, there's a difference between political rallies and a White House discussion of a national emergency. 596
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