Be more big moves next week. Oil staging another big rally today. Yesterday traders said it was mostly Short Covering. Could this be the beginning of a real rebound for the commodity . Weve got rbc commodity guru helena croft joining us live. We have bob pisani tracking the action here at the New York Stock Exchange. Kate rogers at the nasdaq and jackie d at the nymex. Finally more typical august day. There is a little fireworks in the energy space. S p 500, a narrower range, about 15 points. That would be more than normal on a typical day. Compared to what weve seen, other than a slight swoon in the middle of the day, its been fairly straight and narrow here. I want to show you what markets are doing here. Well call the trading range narrow. Volume on the heavy side. Not as heavy the prior four, five days. Heavy for a day in august. Breadth 32 advancing to declining. Thats been holding other than a droop in the middle of the day. Volatility is flat. Look at names like mid state petrol
Introduce him, and hes a hard man to precede, but hes a harder man to follow. [laughter] i have to tell you ladies and gentlemen, what you just saw today is what i see from him every day of the week, that energy, that enthusiasm, that optimism, that strength, that determination. It is my high honor and great privilege to serve as his Vice President , and i know that President Donald Trump will make America Great again. [applause] this is a historic moment for our country, make no mistake about it. By the confidence in the American People and the grace of god we have an opportunity to do tremendous good for our country in the next few years. I know that each one of you will rise to the challenge, and i know that the best is yet to come for the uted states of america with the gat Republican Leadership in the white house and in the peoples house. [applause] it truly is humbling to be with all of you today. I see so many familiar faces in the room. Back in indiana, we had a saying when you
We will reduce your taxes. We will cut your regulations. We will support our police. We will defend our flag. We will rebuild our military. We will take care of our great, great veterans. Were taking care of our veterans. [ applause ] we will fix our broken and embarrassing trade deals that are no good, none of them. You wonder, where did the people come from that negotiated these deals . Where did they come from . Well, they came also from campaign contributions, i must be honest with you. Theyre not as stupid as you think. We will cut wasteful spending. We will promote our values. We will rebuild our inner cities. We will bring back our jobs and our dreams. So true. So true. And by the way, we will protect our second amendment. [ cheers and applause ] you know, wayne and chris are here from the nra, and they didnt have that on the list. Its lucky i thought about it. But we will, indeed. And theyre great people. And by the way, they love our country. They love our country. The nra has
Session lows. The hunt for yield, the hunt for safety is alive and well. We have utilities seeing a bid today. Higher by. 6 . Of course, the big, big move today happening in the gold markets as well as the bond markets. Guy is with us for the next two hours. So what are your thoughts right now . Unbelievable. This is fascinating. I think this is historic stuff. Its not the time this is the time to sit back and evaluate what is going on. Were at the s p 500 off the all time high. We were here last week. What should you be doing today . You should be gathering questions for the weekend. What are the questions you should ask . Why are Interest Rates in germany negative . Why are ten year yields in the United States 1. 5 . What does brexit mean for global economies . Those are the questions you should be writing, emailing them to your adviceor. If he or she cannot answer the question, you have the wrong advis adviser. You dont have to do anything in terms of market participation, but you n
Date. How is that even possible . We are going to answer the question. Makers andmarket im Erik Schatzker. Reunited. I am thrilled. I came back because i want to know how millionaire matchmaking works to my Erik Schatzker. Thrilledhanie ruhle, to be back here with my partner eric. Erik schatzker. Lets get to the top business stories around the world. Companies added more workers last month than expected, according to the adp payroll group. Payroll grew by 200,000 monthly workers. The jobs report will come out officially tomorrow. And john legere is firing back afterc, claiming being accused of cramming. He just tweeted, ive made it clear cramming is bad. Customers pay only for what they want at tmobile. And the storm could turn into a hurricane and threaten North Carolina banks right before the holiday vacation season. Arthur may reach hurricane strength i this thursday and is currently just off of coast of florida. Of jpmorgan, stand jamie dimon, has throat cancer. To shareholders and