Curb supply . And what does that mean for a sector up more than 40 this year we have your power playbook. Tyler . Contessa, thank you very much stocks are off the lows of the session. The dow had been down almost 30 points right now the losses are mott moderate, about a third of a percent. The s p off 20, and nasdaq, as has been the case so often, is the laggard, about fourfifths of a percent yields are moving higher despite the higher yields, banks are lower across the board as youll see in just a moment. Goldman sachs is down more than 2. 3 . Jpmorgan a point and a half, and the financials down about 1 the semietf is turning higher, but amd, nvidia, Lamb Research lower off the lows of the session. Theres a lot of the green, though, energy, oil stocks moving up as crude jumps on the back of that Production Cut announced earlier today, over in vienna by opec contessa tyler, the fight against inflation is far from over do the risks of more rate hikes outweigh the reward . In todays ism
Twohour flight. That plane right now is missing. 162 people on board. Passengers of course seven of them are crew members, 18 of them are children including one infant. We now have word from Indonesian Television reports that the search has resumed as daylight has broken there. The search going on between the indonesian island of java and singapore. The flight should have taken, as i said just less than two hours. The captain radioed to the ground that the weather was a problem. Then nothing. This womans fiance was on board that plane. I listened to the radio, local radio, and they said that his plane was missing. Thats all the. And, yeah, he wasit was supposed be our last vacation before us got married, was to be his last vacation with his family. It is heartbreaking. Let me go to will ripley following this for us in beijing. We know that daybreak has come. We know that the weather has gotten better. That is good for search and rescue. What do we know in terms of whos out there search
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