Page 11 - Energy Patch News Today

Funds rate target is now appropriate. But did that move end the guesswork affecting so many Business Decisions . Or add to it perhaps . By the time it happened last week, the Interest Rate move was expected unlike say a brand crisis. And there were several of those this is year. Volkswagen got caught trying to get around emissions standards. Chipotle customers got sick. Subways pitchman got a jail sentence and starbucks found controversy twice, once for trying to promote awareness of social issu...

A year. Stocks have given back their early gains from that strong jobs report. The real question, josh, is where in the world do we go from sneer how disappointing do you think it is that we dont have a meaningful bounce to talk about off of a great jobs report and maybe some stabilization in china if you want to call it that . So the s ps off 9 1 2 from its alltime high. The russell, though, is down 19. Which is something weve pointed to very frequently. And i think its pretty obvious that at t...

In the market, but we have the inventory report coming up in a half hour. Julie it looks like another volatile day, but it is in a tight range. We are not seeing run away moves. Slightly higher for the averages. Investors are pausing to take stock here. We are getting into the earnings season. That is something they are assessing. It seems there is a little bit of reassurance on the china fund. There is still a lot of unknown. Investors are taking a pause. If you look at the s p year to date, wi...

Do with where crude oil is at this hour. Take a look. Falling to its lowest level now since 2003. Taking some big name stocks with it. I want to show you these moves because they really are stunning. The moves in freeport, marathon, alcoa, williams. When you realize how much theyre down, joe, this year alone were talking 12 days. Not even 12 trading days. Freeport is down 45 yeartodate. Williams 32. Marathon, 28. Alcoa, 27. That is stunning. This seems to be the moment. This seems to be what we ...

Oil, though, now down more than 16 yeartodate, spencer. What looked like a bounce last week we know now is potentially not a bottom. You know, it just goes to show how confusing the difference in the divide is between wall street and main street. Most regular americans think the price is oil is down, i get to save money at the gas pump and yet were telling them thats really bad for everybody and thats why stocks are down. Clearly investors have rediscovered risk. They are caring about valuations...

The after hour session, passing apple now to become the worlds most valuable company. Is this perhaps signaling that stocks may have gone a little bit oversold at this point . Guy . I think alphabet is about alphabet and karen had great insight into this last week. I think across the desk weve had different degrees of bullishness. This takes it to an alltime high. Personally at 22 times forward earnings. I dont think its that expensi expensive. It has room to meet and grow in terms of multiples....

A share. 113 here. Can it keep marching higher . Well take a closer look coming up. Nba commissioner adam silver shocking and i do mean shocking the sports world in support of gambling. Joe torre joins us with his thoughts later on in the program. Looking forward to that, tyler. I think some of the guys might be able to stick around for it. Thats next hour w. An hour to go, heres the dow off 34 points. S p giving up about 2. Nasdaq slightly positive. Apples performance, of course, is helping tod...

Three indices wiped out five weeks of garins. Energy sectors down about 26 from its june high this year, and brian what do you think is the worst wormer in the dow this year so far . Chevron. Absolutely. Down 18 . I know that because of the graphic that says chevron is on our television channel. Not much of a mystery. Market reporters in place. Right to Jackie Deangelis, live in the oil pits. What is happening with crude . Reporter seeing steep losses, not as bad as earlier in the session. Down ...

Its statement to drop the pledge to keep rates close to zero for a considerable time. The feds twoday policy meeting begins tomorrow. The oil shock continues as crude Oil Prices Bounce back after volatile early trading. Brent had dropped to a 5 1 2 year low after the further price declines. Also in the headlines, opecs chief defending the decision not to cut the output. Wti is up by 40 cents only sitting at 58. 21. Last week 13 decline in oil prices sent waves throughout the Global Markets in th...

The biggest point drop in over a year. The broader index closing at the lowest level in two months. And if youre feeling a little nauseous after this weeks trading, you have good reason. The dow is exhibiting the most volatile period in five months. The blue chip index closing up or down at least 100 points. And 12 out of the last 18 sessions, yeah, its about twothirds of the time. The vicx is spiking. The gauge is up 39 pest over the last month. We know its down 4. 5 for the s p 500. The dow at...