Page 30 - Oil Started News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Scheduled to arrive in d. C. Later tonight. Back to you from the live desk. Thanks, jim. It is just not letting up in South Carolina. It is raining again right now after an historic weekend that saw nearly two feet of rain fall in some places. Nine people have died in the flooding and many have been pulled and rescued from stranded cars and homes and now virginias task force and one search and rescue team is in South Carolina to help Nbcs Jay Gray is right in the middle of it in the state capital. South carolina is still under water right now. Historic flooding thats tossed aside cars, torn aw...

Today is different. I think the number one reason is pretty obvious. We had a big Oil Turnaround in the middle of the morning, and thats primarily what turned things around, if you look at the sector. We have been so deeply over sold. I mean for days. For example, the putcall ratio at one point, thats really elevated. All sorts of sentiment indicators. Retail sentiment way oversold. We just have been waiting for days for many some kind of bounce. Oil was the catalyst there. Look at the s p. It corresponds with roughly the time that oil started moving down. Remember, we have brent exploration t...

The nasdaq firmly in correction tirtory and approaching perhaps bear market territory. What is confuse issing we have never seen this in terms of being a Global Market and a global economy. You sort of have to throw out the old playbooks, but you know, time will cure all ills. The question is how long will that take . You are seeing massive capital outflows out of china, as we talked about it earlier in the week. Theres wild speculation. This point they remove the pay. That gives you an idea of how important it is. China is really going to get in their horse. Larry fink said, you know, absolut...

We have our special programming on the backdrop. It really is a market looking for a bid. It wasnt a good day yesterday, but you really wonder where the markets will be when we hear the statement from the fed this afternoon. Francine it will be interesting to see whether they link the markets to the real economy, but first lets get to the first word news. Vonnie thank you. The leaders of an armed group in oregon have been arrested in a violent traffic stop. Among those now in custody, the leader ayman bundy. Amon bundy. They were stopped by fbi agents. Shooting broke out in one of the proteste...

Federal state and local authorities are on the scene, plus a swat team has arrived 6500 military and civilian workers plus the patients authories are keeping people away, people who work at the Naval Medical center who hadnt already arrived for work can not get on the location three schools in the area on lockdown bldg 2 or 3 where Wounded Warriors are located Naval Base Point loma also on checking into Naval Base Coronado we are also following some breaking news out of hampton. Police tweeted about an industrial accident on wells court, just off cunningham drive. They say a man has lifethreat...