Page 6 - Scott Bower News Today

ludwig von beethoven. david: here is todays front page headline. huge swings in the energy pits after hitting nine-month high on rising tensions in syria. oil lost steam in afternoon trade, ending the day off a bit at $97.77. traders blame afternoon come cents -- comments from the financial types as liz suggested that the fed will signal readiness to taper bond purchases. >> homebuilder sentiment jumping in june to that number, highest level since 2006 on optimism about future and curr...

natural gas, though, we want to focus on natural gas because we have seen that thing grow for the past month or so. it was up 5% today. if youre looking for some play in energy, oil seems a little too hectic for you, go to natural gas. with ce get -- can we get that up there? okay. switch to airlines. lauren: they are seeing a pop today. as you see, there was a report out earlier saying the outlook for the airline industry is improving. thats a good sign. look at that. up arrows across...

the field. get this, they got a standing ovation as they took the field. the ravens beating the browns 23-16. we will have more on the game and on whats happening in sports at 6:20 eastern time. first andrew has the mornings top business headlines. on the global markets agenda, results of an audit of spanish banks will be released today. this will reveal the amount needed to capitalize the countrys beleaguered banks. audit results come one day after spain announced its 2013 budget an...

theres the day, it ended up, but it was down, still, over 6% for the whole week, and look at that big drop. s first big drop monday, a 3 #% change within 20 minutes. we still dont know exactly what was going on there. well be talking about it a little later on with andy in the hour, and then wednesday, a much bigger drop over a longer period of time, but the bottom line for oil was over 6% drop for the whole week. liz: speaking of oil, lets see how the names dependent on energy did. th...

and future losses will be less than $1 billion. we told you last week it would be between $4 and $6 billion, so i think we got it right there in the middle. bank executives set to have struck a balance between wrapping up the situation quickly and taking larger losses, moving slower in hopes of cutting those losses. the agriculture department will update monthly crop production and yield estimates coming at 8:30 a.m. eastern time this morning. corn and soy are expected to be in the wor...

response so far. the major european markets are in the green. euro has been bouncing back after trading below 1.25 for five days. bouncing back up to 1.2574. all of this coming as a surprise again because of what weve been hearing out of germany to this point. you can see the dow futures are up about 120 points above fair value. s&p futures up by 16 points. looks like were going to have a strong last day of the quarter at least if things last like this through the trading day. lets get...

senate banking committee will hold another hearing on jpmorgan. top regulator will say the financial firm changed its strategy aimed at containing risks starting late last year. according to prepared testimony the controller of the currency will say his agency is reviewing whether jpmorgan executives should give back compensation. due to the banks failed hedging stramg that produced $2 billion in losses. that number stands closer to $4 billion. the nasdaq reportedly plans to make an an...