Time since 2002. We break that data in under 30 minutes times. Lets look at stocks. They rally after the u. K. Supermarket oust. German rival metro beating expectations on its consumer electronic division. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. All right. Oil continues to dominate the investigator discussion. Oil taking another leg down with wti and brent both slumping around 2 . Near a six year row. The iranian president delivered a fresh warning saying the dramatic drop in prices not only hurts iran but other producers including saudi arabia and kuwait. They defended the decision saying prices would stabilize at profitable levels. He also said the organization had no plans to meet before the next scheduled meeting in june. You can take a look at shares right now of oil trading down about 3 in todays trade. Indeed and the dramatic sell off comes as china reported record crude imports next month. China also posted a better than forecast ris
Economy. The big driver for todays selloff is retail sales despite deep discounts, lower gas prices and a robust labor market. Combined with more volatility and oil prices and a lower forecast for Global Economic growth sent stocks on another wild ride. The dow cut an early 350 point loss in half ending the session down 186 points. The nasdaq lower by 22 and the s p was down 11 points. In the bond market the yield on 30 year treasuries hit record lows while the yield on the benchmark ten year note hit the lowest level in nearly two years. Crude bounced between losses and gains spiking higher into the close, up 5. 5 to 48. 48 a barrel, its biggest one day percent gain since june of 2012. With gas prices down and retail sales falling, what is the state of the u. S. Consumer right now . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now a huge Oil Producers, wouldnt it be a drag on the economy or a benefit . Second, and th
Economy. The big driver for todays selloff is retail sales despite deep discounts, lower gas prices and a robust labor market. Combined with more volatility and oil prices and a lower forecast for Global Economic growth sent stocks on another wild ride. The dow cut an early 350 point loss in half ending the session down 186 points. The nasdaq lower by 22 and the s p was down 11 points. In the bond market the yield on 30 year treasuries hit record lows while the yield on the benchmark ten year note hit the lowest level in nearly two years. Crude bounced between losses and gains spiking higher into the close, up 5. 5 to 48. 48 a barrel, its biggest one day percent gain since june of 2012. With gas prices down and retail sales falling, what is the state of the u. S. Consumer right now . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now a huge Oil Producers, wouldnt it be a drag on the economy or a benefit . Second, and th
Economy. The big driver for todays selloff is retail sales despite deep discounts, lower gas prices and a robust labor market. Combined with more volatility and oil prices and a lower forecast for Global Economic growth sent stocks on another wild ride. The dow cut an early 350 point loss in half ending the session down 186 points. The nasdaq lower by 22 and the s p was down 11 points. In the bond market the yield on 30 year treasuries hit record lows while the yield on the benchmark ten year note hit the lowest level in nearly two years. Crude bounced between losses and gains spiking higher into the close, up 5. 5 to 48. 48 a barrel, its biggest one day percent gain since june of 2012. With gas prices down and retail sales falling, what is the state of the u. S. Consumer right now . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now a huge Oil Producers, wouldnt it be a drag on the economy or a benefit . Second, and th
Economy. The big driver for todays selloff is retail sales despite deep discounts, lower gas prices and a robust labor market. Combined with more volatility and oil prices and a lower forecast for Global Economic growth sent stocks on another wild ride. The dow cut an early 350 point loss in half ending the session down 186 points. The nasdaq lower by 22 and the s p was down 11 points. In the bond market the yield on 30 year treasuries hit record lows while the yield on the benchmark ten year note hit the lowest level in nearly two years. Crude bounced between losses and gains spiking higher into the close, up 5. 5 to 48. 48 a barrel, its biggest one day percent gain since june of 2012. With gas prices down and retail sales falling, what is the state of the u. S. Consumer right now . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now a huge Oil Producers, wouldnt it be a drag on the economy or a benefit . Second, and th