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Weather pattern could mean for commodity prices. And the end of the dreaded annual performance review. Why it is now falling out of favor at so many more u. S. Companies. First, though, lets check in and welcome sarah eisen. Hi, sarah . Hi, tailer. Well begin the show with the housing market, Home Building rising to the highest level since 2007, a key measure of future construction plunged. Diana joinings us live from washington with all the numbers and back numbers. This is stocked full of contradictions. Single Housing Starts took a nice move up, nearly 13 for the month. Multifamily down 17 . Look at the big picture from whens we came. Single family construction is 25 below the 30year average. Multifamily is trying to make up for a decade of underbuilding. The Single Family construction surge in july much needed, yes. An ....
Today is tuesday, july 28, 2015, time is 508 first item is roll call. Commissioner arce commissioner stephenson is commissioner wald is excused commissioner wan we have a quorum. Thank you friday and please everyone please thank friday for kyle volunteering for serving as our secretary thank you clapping. okay. You called item 2 on the approval of the minutes. Thats what im doing item the approval of the minutes of the may 26, 2015 on the environment regular meeting is there an objection . So any comments discussion from the commission on the minutes if there is none can we get a motion to approval of the minutes. To approval of the minutes commissioner stephenson Public Comment on the minutes. Oh, sorry thats not you. Go. Okay david pilpal good evening just to note on the header on each page it has the previous march 24th date i dont think i have any substantive changes ill let friday know also the address for the meeting is just ....
Release of the Federal Reserve minutes. The dow is on track for its lowest close. Lets get more on the trading action. Bob is here on the floor as always. Ne energy stock s dragging us down we were weak right at the outset. You see around 10 30 we just dropped. Thats when the inventories came out. Barrels, import surge. Thats very bearish for prices. The bottom line is right. Exxon and chevron weighing on it. You have a lot of countries worried. You can buy russian as well. We saw dow stocks moving down but there was some Collateral Damage here. I pointed out the sxe which is the Semiconductor Sales in china. Theres Collateral Damage here. Look at the declines. Yes, you see walmart down. I put it in there because thats a 52week low. Finally i just want t ....
Volatility is up 10 alone. The tenyear is sitting at 2. 036 . Were seeing if it gets to that key 2 or even below. Thats a very key level. As for wti, crude is down by 3 , currently hitting shy of 40 even. Gold is a winner. A little bit of a safe haven, currently sitting at 1159. Well bring you more on the gains weve been seeing recently in gold and the dollar is lower today. That is also helping gold. Who would have thunk that the tenyear note would have been right there at 2 and crude might dip into the 30s this summer . Im tyler math sin. Mandy drury here as well. Lets get right to the nyse and bob pisani. We had a very modest attempt at a rally mid morning and its basically failed. Were sitting at the lows pour the day. The s p 500, a bit of aa surprise at the open. We got down about ten points. Suddenly we were much weaker. Heavy selling at the open. Many people thought this was probably european sellers that were unhappy with what was going on over there as well. We attempt add br ....
Today is tuesday, july 28, 2015, time is 508 first item is roll call. Commissioner arce commissioner stephenson is commissioner wald is excused commissioner wan we have a quorum. Thank you friday and please everyone please thank friday for kyle volunteering for serving as our secretary thank you clapping. okay. You called item 2 on the approval of the minutes. Thats what im doing item the approval of the minutes of the may 26, 2015 on the environment regular meeting is there an objection . So any comments discussion from the commission on the minutes if there is none can we get a motion to approval of the minutes. To approval of the minutes commissioner stephenson Public Comment on the minutes. Oh, sorry thats not you. Go. Okay david pilpal good evening just to note on the header on each page it has the previous march 24th date i dont think i have any substantive changes ill let friday know also the address for the meeting is just ....