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Morgan chase asiapacific. Are one hour away from the close of trading for the day and the week. Desk head to the markets where julie hyman has been following all the ups and downs. Julie we will see if we have been closing out these multiweek highs. Of s p 500 in onto a gain. 10 . It was this push and pull of the betterthanexpected headline number and the worst and estimated worst than estimated wages number. Some say that was due to a calendar quirk come it that it didnt include the midmay pay period. Be that as it may, certainly Market Participants seem a little confused by the numbers and we have seen the s p 500 fluctuating in a relatively tight range. I want us to look at the best and worst performer in the s p 500 in terms of the index weighting they have. Apple shares rising today. Facebook is going lower. The company is going to be paying more in u. K. Taxes. If you look at it by groups, we have seen materials and ene ....
Julie it was triggered after we got Economic Data out of china. We saw it spread around the globe. Commodities got on board as well. All of that contributes. You will see what im talking about. Its bumping along your the bottom. Its not as low as we were when the s p fell 1 . We have seen something of a tracking of oil prices. Nonetheless, directionally both of them are taking a step lower at the same time. Oil prices are up 3 . There was an attempt at a rally in oil, but it could not be sustained. Energy shares are the worst performers, down 3 . Some of the recent winners. Those of the losing losers again. They helped lead a recent rally and now they are gone again. Financials are competing. Alix you have a draw into the treasury market. Everywhere. Here and look at the 10 year note in the united states. We see the yield go down to 1. 82 . The 30 year is interesting to look at if you look around the globe. Investors want safety ri ....
Stocks are headed up to their session highs of a with that said they are still in the red. Right now lets take a look at where they stand. The dow is coming up on the flat line, but the s p 500 is down by about a third of a percent. The s p is down for the second day in a row, and this is its first backtoback losses so far this month. Part of the reason for that is because of the retail data that we did see earlier today. Sales for february falling, and januarys game revised to a decline. We will see how the fed will factor in that with Interest Rates tomorrow as well as the day after. I want to show you the General Health of the s p in its sectors. Four are in the green, six are in the red right now and looking at the positives, Information Technology is of the most, by about a quarter of a percent. Utilities no ....
Kate . I would agree, brian. Whatever you think about his love of leverage on a personal front and on the corporate, or his alleged legal transgressions, and clearly some of the stuff has not been proven, he was a visionnary. He started chesapeake with tom ware basically from scratch. They had an amount of money in the tens of thousands. It was not a lot of money. He was known for having an eye for drill sites, right . For drying or leasing land that was going to prove valuable, and he built the company into an impressive place. I visited with him there in 2010, and sat down for like an hour. He was employing thousands of people, bringing business to Oklahoma City. He had several restaurants. I know, michelle youve been to one or more of them, right . Right. He had bought a big plot of land decided there was an old gasoline situation, an eyesore on route 66. As part of redeveloping route 66, he was going to put in the nicest gas st ....
In europe, a bloodbath. Major indexes down more than 1 , the dax off almost 2 europesu get economy going again . Mario draghi and the finance minister different answers. Draghi spoke. Wolfgang schaeuble urged governments to keep up budgetary discipline. Cap up the drumbeat on the necessity for budgetary reforms. I do not sounding argument compelling. Microsoft Ceo Satya Nadella ts a do over on a question about women asking for wages. Womena was asked what should do when they feel uncomfortable asking for a raise. He repeated advice believe in the system. Eeted. Ards, nadella tw close gender must pay gap. As ceo of microsoft, he is wellpositioned to do that. Has unveiled an allwheeldrive version of its model as. The new tesla has a radar that can see through fog, plus two motors to better handle snow. Here we go woah. Did you see that. Out, with aound test drive with elon musk, 691 torque. Er, 687 feet of seconds. N 3. 2 musk to ....