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 right now. That has been happening all your long. The que
From london. Im francine lacqua. We are getting news from the i. E. A. Theyre talking about supply and demand and the price of oil. They think price of oil may have bottomed. It was only a couple weeks ago we heard russia and saudi arabia agreeing that they will not put siad they would not add production. Opec output has fallen. They say, the headline out of this is that the oil price, they believe, may have bottomed as high cost producers have been shut out of the markets. Lets check in on the markets. Its all to do with what draghi said yesterday. Banks leading the charge. The european stocks still retain some of their strength, 17 . 7 . That crude is still a little bit higher for brent. I. E. A. Saying that Oil Prices May have bottomed. Lets get straight to bloomberg first word news. Yuan has henshore raced its decline for the year after the central bank raised its reference rate by the most in four months. The australian and new Zealand Banking Group putting it down to and dollar d
The president and chancellor at the university of missouri resigned yesterday amid scandal and heightened racial tensions. Anger has been growingnfor months on campus. After incidents of racism and hate crimesd went unnoticed. One student refused to eat until the president stepped down. Cnns kyung lah reports. In 2010 cotton balls scattered in front of the black Culture Center a reference to slavery and a hate crime. This fall black student leaders called racial slurs on two different occasions. A most recently a swastika, in human excrement left on a dorm wall. Nats Ferguson unrest the students say theyre the post ferguson generation shaped by events in a city just two hours away. Black students make up just seven percent of the 35thousand students these protesters. Mobilized. Camping out on the universitys quad. Faculty threatened to walk off the job. But it was this that became the protests game changer 30 mizzou Football Players tweeted they would boycott Team Activities until the
This evening. The weak upper low over southwest oregon is still expected to move southeast across western nevada tonight. The nam is now dry, but the gfs continues to show a weak band developing. Have left the current forecast as is since the gfs ec continue to hint at the band. Any snow amounts in the band will be light and generally less than one inch. The focus would most likely be within 50 miles of a portola to austin line. After the low moves through, clearing is expected sunday as High Pressure strengthens along the west coast. Kicking a carson city sheriff deputy. They say Andrew James Hettrick refused after he was asked to leave a north carson bar. Hettrick allegedly began kicking at officers, striking one of used to subdue him. He is being held on 30 thousand dollars bail. On charges of resisting arrest. Secret witness is offering a 15hundred arrest and prosecution of a man who robbed a yesterday morning. It was around 320 am when this man walked into the store on sun valley
662 Million Dollars in 20 15. Thats according to data from the nevada gaming control board. Its the sixthstraight year in the red for casinos in las vegas, reno, and elsewhere statewide. Analysts say the trend began with the 2008 recession fewer tourists, and far less spending at the tables and slot machines. A nevada gaming control board Economist Says the losing streak should end this year, with a record 42million visitors expected in las vegas alone. This week gop president ial candidate donald trump has been hitting democratic rival Hillary Clinton pretty hard. By using her husbands infidelities against her. Chris frates has been following the story from washington. The way that shes been treated is just more evidence of the fact that our country has so much hatred towards successful women and an inability to separate their accomplishments from that of powerful men. Lena dunham creator of the hit hbo show girls taking what sounds like a veiled clinton for her husbands sex scandals.