The sessionk at highs. S p 500 of by nearly 1 . Dow up by. 8 . Nasdaq by. 7 . We are digesting the news on betterthanexpected u. S. Consumer sentiment. As well as the expected surprise drawdown in the u. S. Oil inventories on the order of about 5. 9 Million Barrels last week. With all of this, lets look at the s p year to date. Take a look at this. S puld like to have the year to date, if you can possibly get that up. Up 1 on the intraday. I want to bring the year to date because we are. 1 away from flipping into the green. It will be four years in a row of gains. 1 away from the positive december. If we do see that maybe we will see this rally. Dox so much of that had to with the surprise drawdown in u. S. Oil inventories. We have seen oil and stocks someone moved together, Energy Stocks taking off. Ramy definitely in tandem. Lets look at the nymex crude. The biggest jump in the past two days. 30 day of gains in a row. Up by 3. 7 . We saw the highest spike earlier when the number came
To one particular factor. So many things going on. Earnings season has begun. Oil prices were lower again. We got down below 250 on the 30year 30year. Below 1. 9 on the 10year yield. The president met with congressional leaders. Theres talk they were talking about trying to think about military action against Islamic State militants. So all kinds of things going on simultaneously. Not only all of those factors bill already mentioned, throw on top of that whether the European Central bank might see a block offing blocking of its quantitative easing. Well talk about more on all of that with our panel in a second here. Again, to tell you where we stand going into the final hour, the dow is off 118 points. The s p is giving up 16. Look at that were almost right back at that 2,000 level on the s p. The nasdaq meanwhile down about 27 on this tuesday. Turn around tuesday if you will. Weve had two turn around tuesdays today all in one. Joining us in our the closing bell exchange, theres amy wu
Discussion and help move transportation and infrastructure policy forward. Thank you very much, and i look forward to our discussion. Thank you. [ applause ] go ahead and sit in the middle. And rich, if you join us on the end there. Well have some q a here. Well chat a little bit and then time to open it up to some questions from you all in the audience. Thank you both for being here. As i said at the top, a host of issues where the chamber and the aflcio, organized labor do not see eye to eye. I saw mr. Trumka and on this issue there is so much overlap and the question is raised immediately, if organized labor and the Largest Business Group in washington are on the same page, why cant this get done. Maybe ill go to you, rich, first. Whats standing in the way . Youve looked at this issue and battled over this for years. Whats in the way . Its pure politics right now. In the past this was always a bipartisan issue. There was never bickering. Everybody knew that you had to keep the count
132 million. These are impressive numbers and keeps us aware of the system here today. To address the first question if you look what the faa tried to do, to shut them down because they didnt have funding, majority of those more contract hours but more faa towers, majority of them were in Rural America. That is one of our biggest concerns about status quo. Thanks for looking out for Rural America. Thank the senator from montana for looking out for Rural America and i think he and i would probably both agree at the end of this we would like to see more direct flights to and from, is that right . I appreciate i think weve run out of questioners and i do appreciate very much the panel great remarks today different perspectives this is the senates first foray into the issue of reform and we have to figure out a way as we move towards reauthorization of doing whats best. We all have the same goal in mind as was pointed out. Sometimes maybe slightly different perspectives on how best to get
Details on your weekend forecast in just a minute. Back up stairs to both of you. All right. Thank you very much. We begin with breaking news this morning involving the deadly Gulf Oil Spill back in 2010. Bp will pay billions of dollars as part of a settlement. A person familiar with the case also says that two bp employees will face manslaughter charges. Youll recall that 11 people died in the explosion and millions of gallons of oil tainted the gulf leading to a ban on deep water drilling. Were also following breaking news closer to home. A swat team is called to a tomorrow in district heights. Melanie is live at the scene with the very latest. Whats happening . Reporter good morning. Theres still more than a dozen fbi agents and support staff here. You can see over there the house were focusing on is 6709 kipling parkway. And theres agents up around the corner too. Looks like they may be beginning to wrap up the investigation. I saw them bringing bags of items out the front door of