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June 21, 2024
This is the time of year that businesses are at their greatest risk for losses, not just from shoplifters but employees. Our kate rogers has a special report. But lets begin with markets right now. An hour to go and we are seeing significant pressure on stocks. The dows off 102. Well off the lows of 150 from the last hour or so of the session. Still as mentioned, a lot of pressure in the Energy Complex. Crude today closing at a fiveyear low. And look at some of the names taking it on the chin in...
June 21, 2024
Into the final hour of trade here. Thats the case with the Dow Jones Industrial average and seems like a distant memory. That was just december 5th and almost touched that level and now back towards the 17,000 mark. S p today giving up 8 points and nasdaq off about 37. Oil itself touched new fiveyear low. Were wreaking havoc with the producer. Theres oil. Not much of a bounce there. Now 55. 51 and set the new lows again. Settling down about 3 and since as you can see down 4 continuing to trading...
June 21, 2024
12 people confirmed murdered. I want to get everyone the latest from france. Here is what we know at 1 00 p. M. New york time. 7 00 p. M. In paris. 12 people now dead including two police officers, one was executed in the street after being wounded. The attackers apparently used ak47 assault rifles and a rocket launcher. At this point the three suspects are not in custody. They remain on the loose. The magazine had been threatened before after publishing cartoons of the prophet mohammed. Two yea...
June 21, 2024
U. S. Equities and we are at this point at this moment the dows down about 3. 3 from its most recent peak. The nasdaq the russell, the s p all down a like amount right now. Lots of key levels to watch today. The fact below 50 in wti crude, some of whats happening in the rate space and waiting to talk about that but again were starting off the year in a trading session that people love to extrapolate for moves from here on a weak note. It goes without saying this final hour will be very instructi...
June 21, 2024
Forecast by Goldman Sachs today cutting its forecast on the price and that added some of the momentum there, and by the way, were still getting a lot of photographs from you folks around the country of what youre paying for gasoline. I saw the lowest price today coming in once again from oklahoma city. Theyre paying 1. 55 right now. Not too shabby. And so the debate about whether this should ultimately be a good thing for the u. S. Committee continues. Yes, it does. Jo and meanwhile, if you are ...
June 21, 2024
How low might oil go in 2015. Tyler is off today. Simon joins me. We have a developing story that we are watching closely this hour. Let me take you live to moscow where it is early evening, about 7 00 there. Thousands of people are rallying in an unsanctioned protest. One of the main opposition leaders in russia was this morning convicted of Money Laundering although he was released on bail. His brother was convicted on the same charges and imprisoned for 3 1 2 years. As he left that courthouse...
June 21, 2024
Play and youtube. Do not miss our interview with a Theater Owner who screened the film. First the markets at record highs. S p 500 set for its 52nd closing high of the year. Will the rally continue into the new year . Joining us, hank smith at haver haverford trust. Do you expect this record to continue into 2015 . Yeah. We wrote about it last year and again we are writing expect pullbacks, expect corrections. They are a normal part of any bull market. We havent had a correction in 3 1 2 years t...
June 21, 2024
No idea how the nurse treating the now deceased dallas ebola patient contracted the virus herself. Does the government have a handle on this outbreak . Were live in dallas with the latest. In the markets heres how the major indexes stand w. The new look today. Off about 34 points. At the moment, you are looking there on the screen at the percentages. Red for the majors. Russell, surprisingly, though, up half a percent today. A little bit of a leading gauge for everybody else. Speaking of new loo...
June 21, 2024
That means for mortgage rates, housing markets. We went below 2. 2 down to 2. 19 . And four big threats to the american economy. They all begin with the letter e. Energy, ebola, earnings and europe. We will look at all four of the big es. That used to be known as elven hayes. 2. 2 should be the low for the ten year. Anything below that he said would force the feds hands into action and said the fed cannot tighten now due to the risk of deflation. We have been talking about that especially with e...
June 21, 2024
Do van hour heft o go in the session. Looking to see if we can continue this run thats making front pages. The s p adding record territory again. And same for dow. Nasdaq up 17 points for his part but were note braking out the nasdaq 5,000 hats just yet. But they are being made for that day it comes. And yes it is finally hitting newspapers. Lets talk about the closing bell exchange. Rick santelli and others join us. Good to see you all. Pat powell we are just joking here. I said we got 18,000. ...