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March 9, 2011
Able to work on problems and help others. two of them outwitted humans by finding solutions to problems that researchers hadnt even considered. not a good sign for us humans. now heres your first look at how wall street will kick off the day. the dow opens at 12,214 after climbing 124 points yesterday. the s&p added 11 points. the nasdaq rose 20. taking a look at overseas trading this morning, in tokyo, the nikkei gained 64 points while in hong kong the hang seng was up 98. falling oil and fin...
March 8, 2011
And, of course, well let you know if any watches do get posted. thats probably going to happen. you know, anytime after 4:00, we think, things could get kicking. this could even continue into the overnight hours. so keep that in mind as youre sleeping, a noaa radio is also your best bet. here is the risk for severe weather. its been upgraded to moderate just north of new orleans. this is going to spread all along the gulf coast as we head into tomorrow. real stormy conditions. and then a rainmak...
March 8, 2011
The s&p was up 0.20% or so. a gremlin got into the rights. we said that there was going to be a 2,000 plane order, new plane order with boeing in china. the actual story is that the department of aviation in china has come out and said its going to need 2,000 new planes over the next five years. that to keep up with demand for growth in air travel in china. lets clarify that one. nina? andrew, rising commodity prices, also the persistent unrest in the middle east have led to another volatile s...
March 8, 2011
Changing their oil forecast from december. on average economists see the oil ending the year around $95 a barrel. even if the tension in the middle east doesnt get resolved quickly we could get more clarity as time passes. oil prices hovering around $105 a barrel. the prices are talked of talk of opec boosting output and libya leader gadhafi maybe strike ago deal to step down. wall street focusing on oil and not many major economic reports out right now. a mixed open and dow up 23. nasdaq off sl...
March 8, 2011
Details. >> gasoline hit $3.51 today. oil prices closed higher, too over $105 a barrel on concerns about supply disruptions. now obama is considering tapping me troilum reserves. since we import $10 billion-barrel a day, it would have 70 days of imports its been tapped 17 times since it was created in the early 1970s. >> when we have unin the middle east its not market issue but could create major disruption. im not saying that it has happened but that is the issue. not the market setting the pr...
March 8, 2011
Recent spike in prices. oil has been soaring, especially in the wake of of the chaos in libya. >> we are acting on rumors and whats happening in libya. this is total overreaction you know on a lot of peoples part. >> shepard: overreaction or not, oil prices right now are above $105 a barrel. and gasoline prices are jumping in a huge way. the current average around $3.51 a gallon. thats a 33-cent jump from just two weeks ago. the biggest two week increase since hurricane katrina. some places are ...
March 8, 2011
You can drink his blood! martha: think im better off here. bill: the crisis in libya, causing prices to soar at the pump. have you heard this? >> prices should not be anywhere here $105 a barrel. >> its gone way above where i can afford for quite a while now. i personally would never we now. the jaguar xj. automobile magazines 2011 design of the year. or annuity over 10 or even 20 years? the experts at imperial can convert your long-term payout into a lump sum of cash today.
March 8, 2011
Oil will be the big story on the street once again today. oil settled above $105 a barrel in new york monday as libyan unrest shows no signs of letting up and reports surfaced about planned protests in saudi arabia. copper took a big dip, driving down copper and gold 3%. meanwhile, chip stocks were hit by a downgrade to the semi conductor sector. communications equipmentmaker ceana fell 9% after a weak sales forecast. even a big corporate deal failed to ease investors fears. western digital agre...
March 8, 2011
Players. >> were the evil in washington, right, to wall street. >> reporter: but youre 100% right that a lot of whats happening in the oil markets is based on speculation. lets face it, there is not a supply problem here. supply has actually increased as this has been happening and oil prices have continued to push higher anyway. yesterday we saw oil prices sitting at two and a half year highs. this morning were seeing some movement lower and thats been decent news for the futures at least so fa...
March 8, 2011
East means higher prices at the pump. weve been tracking this throughout the libya crisis. lets take a look. watch this play out. this is crude. the dark green is crude oil, up above $105 a barrel. this is what youre paying at the pump. on average, $3.51 a gallon. thats for regular unleaded gas. if you pump premium you know its higher than that. and where you live with also change that. one impact of higher oil prices is declining consumer confidence. this is a 30-point drop in consumer confiden...