Back of that data. Refinery utilization was positive by 1. 4 . The market was looking for that to go into the negative by 0. 5 . Crude Oil Inventories rising by 415,000 barrels only last week. Gasoline inventories was a drawdown of nearly 2 million barrels. Lets check u. S. Markets more broadly. The major indices are really unchanged, but we have a few major movers, including viacom cbs, which disappointed in its First Quarter as a combined company. Investors are really punishing that stock. Guy a bit of breaking news, the unicredit boss looks like he is emerging as a potential hsbc ceo to get the job. Remember, noel quinn currently yethe interim ceo at hsbc, the interim ceo putting out a is involvingk that deep changes in the way hsbc runs its business and potentially a retrenchment back to the middle east and into asia in particular. He thousand jobs potentially going even further down the road. There were Big Questions as to whether or not noel quinn would ultimately be the person t
50 miles north of philadelphia just outside quaker country, brothers keith and dean lyden have established their very own graphics and millwork company, Precise Graphix. From interior design to fabrication to installation, precise has been providing signage and decor to retailers for over 12 years. As an owner of several businesses, i know how important it is to create a great retail environment, and thats one of the reasons im excited to go to Precise Graphix. Tina hi. How are you . Im tina. Lemonis hey, tina. How are you . Im marcus. Tina nice to meet you, marcus. Lemonis nice to meet you. Is this the main office . Tina this is the main office, yes. Lemonis okay. Tina, what do you do here . Tina i do payroll and human resources, most accounting functions. Lemonis you love it here . Tina yeah. Im keiths wife, so. Lemonis okay. I didnt know that. I didnt even know that. Tina yeah, so i have a little different perspective on it. Lemonis id love to meet keith. Tina yes. Come on. Im assum
Trade tensions recession concerns Interest Rate worries and nowolitical drama. Despite it all, stocks stayed steady. Lets run through the numbers. Today on the last day of the quarter, the Dow Jones Rose 96 points to 26,916. The nasdaq added 59 5 the s p 500 was up 14. For the month, all of the major averages were higher. And for the quarter, the tow and the s p were up, but the nasdaq dipped slightly. Now comes october, a month that historically is volatile. And the next big hurdle earngs. For the Third Quarter officially out of the way, the markets are still on track to end the year strong. Investors are going to be fixated on the next big catalyst and that is earnings. This next great earning recession fear that dominated the First Quarter and the fear that companies would lower earnings expectations in the second half of the year because of the tariffs and trade wars none of this has ever come to pass. Earnings have heldel steady and remain roughly flattish for the second quarter,
We are seeing green on the screen in terms of equities and u. S. Futures. We finished unchanged on the s p 500, so the markets are a little bit risk on. We are seeing that reflected in the bond market. The 10 year has backed up. We have a number of regional president s pushing back against further rate cuts. The dollar is on the front foot as well. Coming up, we are live from jackson hole as investors take positions on how fast and how far the fed will ease. We have a host of stellar interviews first up, James Bullard. And then watch out for robert m Robert Kaplan and patrick harker. , that iser it takes what new Zealands Central Bank governors says he will do to support the economy. Thef says he will evaluate impacts of this month on expensively large rate cuts before considering further easing. Forward, we were saying everyone is telling us we needed to be lower. Everyone is telling us Global Growth is slowing, so lets get ahead of this. Lets move and reduce the probability of having
Have family. We are not bothered by that if. They did they took us to a small wet spot in the desert who was just this small puddle this small patch of wetness and this was this very important place that ive been telling us about for the last 5 days. Were numbered there are going to be a lot of some of the young fellows that were with and myself we started on what do you know what. Theyre doing now yeah. You know what i want to. Know what. I didnt get that he didnt want to let you know because we came in. And under orders come fed up. They busy were going to. Come out of it i dont know were going to be like i thought it was not going to get better i never saw my grandfather literally so happy no idea. That it will kill you but i know youre. More than just. The 1st few years. That. Week. Not only the nightmare of. Sitting around a lot of horror but no grandparent amount of mail to stories told me as a kid. I really want to go understand what was going on here. I learned its a mans area.