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RICHMOND, Va. — In the days leading up to a pro-gun rally, politicians in Virginia worried about potential violence between protesters and counter-demonstrators. 174
Since 1978, the rainbow flag has been a symbol of pride for the LGBTQ community.Artist Gilbert Baker designed the first rainbow flag 144
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
Suzanne Eaton, the American scientist killed in Greece, was raped, police in Crete said Tuesday.Police said Monday that a 27-year-old local man had confessed to the crime.The suspect said in his confession that he had seen Eaton running, and "with sexual assault as a probable motive, hit her twice with his car in order to immobilize her," Crete's Chief of Police Konstantinos Lagoudakis said at a press conference Tuesday."Then, after she was unconscious, he put her in the trunk of his car and took her to the location of the World War II bunker" where her body was found, Lagoudakis said.The suspect raped her and dumped her body into the bunker, covering the opening of the bunker's air shaft with a piece of wood to hide it, Crete Police's head of press Eleni Papathanassiou told CNN.It is not clear if Eaton was still alive when she was raped, she said.Wheel tracks lead officers to the suspect, police said, explaining that they had linked tracks found near the bunker to his car, which, they say, he cleaned after the attack on Eaton.During preliminary questioning, the suspect denied having been near the bunker for a month, which raised suspicions, Lagoudakis said.Signals from the suspect's phone also placed him near the crime scene on the day of the attack, the police chief said.Police say the suspect is a married father of two who owns farmland near the crime scene. They have not named him.The suspect said he had never met Eaton but had seen her running before, police said.Eaton, 59, a biologist at the Max Planck Institute at Dresden University in Germany, was in Crete for a conference when she disappeared. Her body was found a week later.A mother-of-two, she usually ran for 30 minutes every day, according to the "Searching for Suzanne" Facebook page set up when she went missing. 1817
SUNNYVALE, Calif. – A United Parcel Service (UPS) worker was planning a mass shooting at the facility he worked at in California, according to the Sunnyvale Department of Public Safety. The department says it learned of the threat Sunday after receiving a report that 32-year-old Thomas Andrews had sent text messages to his employer, threatening the shooting. Officers began investigating and discovered Andrews was the registered owner of four handguns and rifle. Law enforcement then began an extensive search for him. At about 11:15 p.m. Sunday, the department says officers spotted Andrews and attempted to stop him, but he led them in a vehicle pursuit on a nearby highway. Eventually, he was taken into custody.Detectives obtained a search warrant for Andrews’ home, where officers say they located more than 20,000 rounds of handgun and rifle ammunition, numerous high capacity magazines, five tactical style rifles, one shotgun, three handguns and body armor. “Several tactical backpacks containing ammunition were staged at the front door of the apartment where the suspect resides,” wrote the department 1127