Page 30 - Energy Complex News Today

From the record highs. The dow is now down nearly 15 . The s p is off 12. 5 . Check out these staggering figures. S p 500 companies lost another 900 million in market cap yesterday. They lost nearly 2 trillion in market cap over the last seven sessio sessions. You see rich people lost 185 billion recently. This is good. This income inequality thing. Taking care of it. This is not i also like the now were going to do this every day where we can close on change but if thats not interesting enough ...

Been downgraded to a Tropical Storm. It came ashore late friday northeast of Corpus Christi as a category four hurricane. It has caused catastrophic flooding in texas. A lot of people are frustrated and dont understand why we are seeing trucks unfortunately, those trucks can only go so far. And hopefully today, we will get to the rest of you. Up on us. t give none of us are going to give up. Mark the houston mayor added that nearly 6000 people have moved into city shelters. Major airports out te...

Another 1 in europe, the impact of the euro, now it is 1. 20 yeah. Most of it happened friday i cant say it was that much of a move, felt like the cap stone of a huge move it was almost a parody earlier this year. Now at a buck 20 theres the euro, 1. 193 it was 1. 17 and change, just under 1. 18, then went up to 1. 20, led by a pound at some point, and all based on comments from jackson hole. Doesnt say things are awful, i guess the implication, take it another 10 higher. She didnt say things we...

Those hot temperatures could set records. Lets go to meteorologist drew tooma. Were looking at possibly the longest heat wave and the hottest heat wave we have seen the entire year. Its pretty comfortable in the lot of spots. 61 in oakland. About 65. 72 in concord. 66 in livermore and half moon bay. But you look at much of the southwest today. The highs, we were certain lae baking to our south and to our east. 107 in vegas. 108 in phoenix and this is the air mass thats going to migrate our way a...

Mark an executive at a French Company at arkema said explosions at its factory in the houston area will not hold future dangers but he is but he expect more containers to burn. I am not sure about the distance of the containers themselves are in a remote area so we do not anticipate any other buildings or equipment to be a problem. Mark of Officials Say harvey knocked out Critical Power supplies required to keep volatile peroxide cooled. 15 Police Officers were treated at the hospital for smoke ...

Pieces power lunch starts right now welcome to power lunch. Stocks extending the weeks gains and could ends up with a positive month across the board. Health care the best performing sector and financials and telecom the biggest laggards refineries shut down for extended periods in texas in the wake of harvey gasoline continues to spike as well on that supply disruption campbells soup falling as earnings disappoint and costco in the green after reporting a 6 jump in sales and lands end sinking o...

Wasnt as bad as many feared, since its historically one of the worst performing months. The dow rose 55 points. Nasdaq climbed 60, the s p 500 added 14. For the month, all three indexes were higher, but it was the mo for the dow and the s p. Dominic chu has more. It was supposed to be a terrible mon was suggesting, but august turned out n expected. The major u. S. Stom indices ended up higher with the nasdaq kensho,site leading the way, over the last 20 year, august e s p falling an average of a...

To stream new stories online news stories online. Kathleen lets get to breaking ecodata. South korean gdp, the Second Quarter figures just out. We can see a quarterly gain of 0. 6 , forecasted in line with previous quarter. The yearly number at 2. 7 . In line with the First Quarter in forecast. Insee a different income cpi. Ino points the 0. 6 august. Bank of korea just held policy steady. A lot of people think rising inflation will get them to push that rate higher. With so much uncertainty in ...

2 we also speak to the russian finance minister. The factory to the world suffers. Chinas export flows. Slows. Anna a very warm welcome. This is Thanos Vamvakidis this is bloomberg daybreak europe. I want to talk about what is happening in the gulf of mexico, but first we get to breaking news. A red headline across the bloomberg tells us that a magnitude eight earthquake has been reported in mexico. Kilometersake was 87 south, southwest of tres picos. Magnitude eight on the richter scale. Lets g...

Wall streets rally set to continue at the open. Futures pointing to some new records. Plus at north korea continues to strength threatening missiles making it first major deal. Its going to buy missile and rocket maker orbital. The Credit Agency new of an Online Security flaw months before that massive data breach. First up, stocks are aiming to set some new record highs after the s p hit 2500 for the first time ever. Dow coming off a fourth Straight Record close capping its best record week of ...