Page 11 - Scott Bower News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ludwig von beethoven. david: here is today's 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 current sales. national homebuilders index rose to 52, up from 44 in may. david: jpmorgan asset managem...

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 you're 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. that's a good sign. look at that. up arrows across the board. david: ibm, you knew it was a pick when warren buffet went in there. today, look at th...

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 what's happening in sports at 6:20 eastern time. first andrew has the morning's 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 country's beleaguered banks. audit results come one day after spain announced its 2013 budget and steve sedgwick will be joining us live with more on all of that in just a few minutes. france i...

there's 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 don't know exactly what was going on there. we'll 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, let's see how the names dependent on energy did. the dow jones transports, down about 51%. lowered by one full percentage points, but the dows jone...

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 worse shape since 1988. prices have been jumping amid a severe drought. we talked about it yesterday an...